Hyundai Car Insurance: How Much Is Hyundai Insurance? 2024
On average, it costs $194 per month to insure a Hyundai, which adds up to about $2,331 per year.
We’ve saved shoppers an average of $600 per year on their car insurance.
Hyundai, founded in 1967 in South Korea, is known for producing a diverse range of vehicles, including affordable sedans, SUVs, and electric cars, with a focus on quality, innovation, and value. The average cost to insure a Hyundai is $2,331 per year.
How Much Does Hyundai Insurance Cost?
The average monthly cost to insure a Hyundai is $194, amounting to approximately $2,331 per year. However, your actual insurance rate will depend on factors such as your age, location, driving history, and the specific Hyundai model you drive.
Average Hyundai Insurance Cost By Model
A key factor in determining your car insurance rate is the model that you drive. According to our analysis, the average cost of insuring a Hyundai, across all models, is $2,331 per year.
The Hyundai kona is the cheapest model to insure, at $1,873 per year. On the other hand, the Hyundai Palisade is the most expensive, at an average of $2,921 per year.
Use the table below to compare insurance rates for Hyundai models.
| Hyundai Model | Average Yearly Insurance Cost |
| Hyundai Accent | $2,470 |
| Hyundai Elantra | $2,375 |
| Hyundai Elantra GT | $2,312 |
| Hyundai IONIQ | $2,525 |
| Hyundai Kona | $1,873 |
| Hyundai Palisade | $2,921 |
| Hyundai Santa Fe | $2,331 |
| Hyundai Sonata | $2,476 |
| Hyundai Tucson | $1,899 |
| Hyundai Veloster | $2,517 |
| Hyundai Venue | $1,947 |
Keep in mind that these numbers are only averages, and the actual cost can differ based on where you live, your age, your driving record, and the coverage you select.
Are Hyundais Expensive To Insure?
The national average car insurance cost is $156 per month, while insuring a Hyundai averages $194 per month across all models—significantly higher. However, insurance rates are typically based on the specific car model rather than the brand, so it’s important to review rates tailored to your vehicle.
Hyundai Accent Insurance Cost
The average cost of insuring a Hyundai Accent across all model years, is $1,012 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2023 Hyundai Accent | $1,437 |
| 2022 Hyundai Accent | $1,199 |
| 2021 Hyundai Accent | $772 |
| 2020 Hyundai Accent | $765 |
| 2019 Hyundai Accent | $891 |
Hyundai Elantra Insurance Cost
The average cost of insuring a Hyundai Elantra across all model years, is $708 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Elantra | $994 |
| 2023 Hyundai Elantra | $629 |
| 2022 Hyundai Elantra | $690 |
| 2021 Hyundai Elantra | $644 |
| 2020 Hyundai Elantra | $587 |
Hyundai Elantra GT Insurance Cost
The average cost of insuring a Hyundai Elantra GT across all model years, is $2,124 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2023 Hyundai Elantra GT | $3,611 |
| 2022 Hyundai Elantra GT | $3,790 |
| 2021 Hyundai Elantra GT | $1,452 |
| 2020 Hyundai Elantra GT | $852 |
| 2019 Hyundai Elantra GT | $919 |
Hyundai IONIQ Insurance Cost
The average cost of insuring a Hyundai IONIQ across all model years, is $2,115 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2023 Hyundai IONIQ | $5,011 |
| 2022 Hyundai IONIQ | $1,910 |
| 2021 Hyundai IONIQ | $1,417 |
| 2020 Hyundai IONIQ | $1,291 |
| 2019 Hyundai IONIQ | $946 |
Hyundai Kona Insurance Cost
The average cost of insuring a Hyundai Kona across all model years, is $815 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Kona | $1,006 |
| 2023 Hyundai Kona | $771 |
| 2022 Hyundai Kona | $673 |
| 2021 Hyundai Kona | $846 |
| 2020 Hyundai Kona | $783 |
Hyundai Palisade Insurance Cost
The average cost of insuring a Hyundai Palisade across all model years, is $967 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Palisade | $1,474 |
| 2023 Hyundai Palisade | $852 |
| 2022 Hyundai Palisade | $730 |
| 2021 Hyundai Palisade | $873 |
| 2020 Hyundai Palisade | $907 |
Hyundai Santa Fe Insurance Cost
The average cost of insuring a Hyundai Santa Fe across all model years, is $1,267 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Santa Fe | $3,410 |
| 2023 Hyundai Santa Fe | $690 |
| 2022 Hyundai Santa Fe | $827 |
| 2021 Hyundai Santa Fe | $677 |
| 2020 Hyundai Santa Fe | $708 |
Hyundai Sonata Insurance Cost
The average cost of insuring a Hyundai Sonata across all model years, is $897 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Sonata | $1,233 |
| 2023 Hyundai Sonata | $816 |
| 2022 Hyundai Sonata | $834 |
| 2021 Hyundai Sonata | $781 |
| 2020 Hyundai Sonata | $819 |
Hyundai Tucson Insurance Cost
The average cost of insuring a Hyundai Tucson across all model years, is $625 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Tucson | $800 |
| 2023 Hyundai Tucson | $560 |
| 2022 Hyundai Tucson | $578 |
| 2021 Hyundai Tucson | $658 |
| 2020 Hyundai Tucson | $527 |
Hyundai Veloster Insurance Cost
The average cost of insuring a Hyundai Veloster across all model years, is $1,975 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2022 Hyundai Veloster | $1,950 |
| 2021 Hyundai Veloster | $1,469 |
| 2020 Hyundai Veloster | $1,955 |
| 2019 Hyundai Veloster | $1,868 |
| 2018 Hyundai Veloster | $2,637 |
Hyundai Venue Insurance Cost
The average cost of insuring a Hyundai Venue across all model years, is $817 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Hyundai Venue | $1,360 |
| 2023 Hyundai Venue | $867 |
| 2022 Hyundai Venue | $729 |
| 2021 Hyundai Venue | $653 |
| 2020 Hyundai Venue | $477 |
Cheapest Car Insurance Companies For Hyundai
The cost of your Hyundai car insurance policy will depend on the company that you choose. Erie offers the cheapest rates for insuring a Hyundai, at $1,915 per year.
Use the table below to compare cheap full-coverage rates for a Hyundai.
| Company | Average Annual Premium |
| Progressive | $2,025 |
| Allstate | $3,545 |
| Amica | $2,940 |
| Geico | $2,106 |
| Erie | $1,915 |
Hyundai Car Insurance Cost – By Driver Age
The rates you pay to insure a Hyundai will differ dramatically based on driver age. Younger drivers tend to pay a lot more for car insurance because, statistically, they are much more likely to get into accidents.
As drivers get older, their insurance rates tend to drop until they turn about 60-70. Then their rates increase again.
| Age | Average Annual Rate |
| 17 | $7,792 |
| 18 | $7,261 |
| 19 | $6,415 |
| 20 | $5,603 |
| 21 | $4,689 |
| 22 | $4,577 |
| 23 | $4,005 |
| 24 | $3,800 |
| 25 | $3,274 |
| 30 | $2,545 |
| 35 | $2,387 |
| 40 | $2,307 |
| 45 | $2,247 |
| 55 | $2,049 |
| 65 | $2,137 |
| 75 | $2,708 |
Average Hyundai Car Insurance Rates – By Company
| Insurance Provider | Average Monthly Premium |
| Farm Bureau | $110 |
| State Farm | $160 |
| Progressive | $210 |
| GEICO | $226 |
| Nationwide | $425 |
| Farmers | $470 |
| Allstate | $490 |
| USAA | $155 |
| Average | $281 |
Average Hyundai Car Insurance Rates – By U.S. State
| State | Average Annual Rate |
| Alabama | $2,437 |
| Alaska | $2,011 |
| Arizona | $2,275 |
| Arkansas | $2,499 |
| California | $2,779 |
| Colorado | $2,596 |
| Connecticut | $3,316 |
| Delaware | $2,748 |
| Florida | $3,275 |
| Hawaii | $1,073 |
| Idaho | $1,855 |
| Illinois | $1,927 |
| Indiana | $1,994 |
| Iowa | $1,567 |
| Kansas | $2,101 |
| Kentucky | $3,041 |
| Louisiana | $3,901 |
| Maine | $1,469 |
| Maryland | $2,378 |
| Massachusetts | $1,919 |
| Michigan | $4,598 |
| Minnesota | $1,898 |
| Mississippi | $2,283 |
| Missouri | $2,154 |
| Montana | $2,197 |
| Nebraska | $1,861 |
| Nevada | $3,054 |
| New Hampshire | $2,132 |
| New Jersey | $2,341 |
| New Mexico | $2,391 |
| New York | $2,213 |
| North Carolina | $1,368 |
| North Dakota | $1,891 |
| Ohio | $1,670 |
| Oklahoma | $2,678 |
| Oregon | $2,439 |
| Pennsylvania | $2,061 |
| Rhode Island | $3,427 |
| South Carolina | $2,322 |
| South Dakota | $2,078 |
| Tennessee | $2,453 |
| Texas | $2,471 |
| Utah | $2,105 |
| Vermont | $1,625 |
| Virginia | $1,532 |
| Washington | $2,017 |
| West Virginia | $2,033 |
| Wisconsin | $2,026 |
| Wyoming | $1,892 |
| Georgia | $2,660 |
How To Save Money On Hyundai Car Insurance?
Owning a Hyundai includes various costs, with car insurance being one of the biggest. However, you can still find ways to save on your insurance. Here’s how:
Keep a Clean Driving Record
Your driving history is important for insurance companies when setting your premium. By avoiding accidents and tickets, you show insurers you’re a low-risk driver, which can lower your insurance costs.
Bundle Your Policies
Many insurers offer discounts if you combine multiple policies, like home and auto insurance. This makes managing your insurance easier and saves you money on premiums.
Raise Your Deductible
Increasing your deductible—the amount you pay out of pocket before insurance kicks in—can lower your premium. Just make sure you can afford the higher deductible if you have an accident.
Install Safety Features
Hyundai vehicles come with many safety features, but adding extras like anti-theft devices can further reduce your insurance costs by lowering the risk of theft and damage.
Use Discounts
Insurance companies often offer discounts for things like being a good student, having a clean driving record, or completing a defensive driving course. Ask your insurer about any discounts you might qualify for.
Shop Around
Insurance premiums can vary widely between different providers. It’s important to compare quotes and choose the insurer that offers the best value for your needs.
Consider Usage-Based Insurance
If you don’t drive your Hyundai often, think about usage-based insurance. This type of policy bases your premium on how much you drive, potentially saving you money if your Hyundai isn’t your main vehicle.
Our Methodology
In order to calculate average car insurance costs, Insuranceopedia aggregated thousands of quotes from leading auto insurance providers. The sample profile was for a 40-year-old male driver buying full-coverage car insurance with these coverage limits: $100,000 in property damage liability, $100k in bodily injury liability and a $1,000 deductible. However, the figures in this guide may differ from your own individual results
FAQs
What Is The Most Expensive Hyundai Model To Insure?
At $2,921 per year, the Huyndai Palisade is the most expensive Hyundai model for car insurance.
What Is The Cheapest Hyundai Model To Insure?
The Hyundai Kona is the cheapest model for car insurance, at $1,873 per year.
