Insuring a Land Rover

Land Rover holds the distinction of being the only brand of cars that's sold in the U.S. that strictly offers SUVs. Every other automaker offers a lineup that includes a mix of different vehicles. For this reason, Land Rover is able to devote itself to producing superior SUVs with some of today's best features. Compared with many other SUVs, Land Rovers are rather pricey. However, they are associated with refinement and luxury, and are also prized for actually being able to tear up the countryside. Unlike many SUVs, Land Rovers actually perform well off the road. One area in which the make doesn't excel so well is insurance. Insuring a Land Rover is going to cost you. The average yearly cost to insure a Land Rover is $1,873.75, which ranks it 29th on a list of 36 makes. Find out why Land Rovers cost so much to insure below.

Brief History of Land Rover

It should come as no surprise that the original Land Rover was inspired by the Jeep. Two English brothers, Maurice and Spencer Wilks, teamed up with Rover, a British automaker, to create their own version of the Jeep. They first got started in 1948, which was roughly when Jeeps starting to grow in popularity among everyday drivers. By the 1950s, Land Rover vehicles were becoming more refined and less utilitarian. The Range Rover, which debuted in 1970, was geared towards discerning drivers and proved to be the company's most popular offering. Land Rovers debuted in the U.S. in 1987 and have sold well ever since.

Pricey MSRPs Drive Up Insurance Prices

The main thing that affects the cost to insure the typical Land Rover is its price. These vehicles are not priced with budget-minded drivers in mind. For example, the Land Rover LR2 has a starting MSRP of $35,700 and is one of the company's most affordable models. The LR4 has a starting price of $48,900. Finally, the Range Rover is going to cost you at least $79,425. Insurance companies know they will pay more to repair such cars, so they give them higher premiums.

Good Safety Features Mitigate High Price Tags

If you're looking for safety ratings for Land Rover vehicles, you're out of luck. The U.S. government and the Insurance Institute for Highway Safety do not conduct crash tests for these types of vehicles. However, they are generally considered to be quite safe. Most Land Rover models come with today's best safety features. In addition to featuring standard safety features, many Land Rovers include high-tech options like driver alertness warnings and forward collision alerts. They usually come with several airbags too, and they don't get too severely damaged in collisions.

Non-Existent Theft Rates Help Too

Finally, Land Rover vehicles are not targeted by car thieves. That's the case when you take a look at information that is compiled by the National Insurance Crime Bureau. On the organization's top-ten list of the most-stolen vehicles in the U.S., no Land Rover vehicle is listed. The same thing is true about the individual top-ten lists that the NICB compiles for each state. You can buy a Land Rover with the confidence of knowing that it probably won't be stolen. Despite low theft rates, however, Land Rover SUVs are still pretty expensive to insure. Data about the price to insure specific models is not available.