Hyundai Elantra Insurance Rates

If you want to know the best way to secure a reliable Hyundai Elantra auto insurance policy, you’ll need to understand a few basics. First, the average Hyundai Elantra insurance rates amount to $1,372 a year for full coverage. 

There are a number of factors that influence an individual’s rate, such as the model year of your car. For example, the Hyundai Elantra insurance cost of a 2014 Hyundai Elantra is far less expensive than a 2020 Elantra because it’s older, and therefore not as valuable.

The car’s style will also impact your rates. Hyundai Elantra GT insurance rates
will be different than Hyundai Elantra Sport insurance rates.

This comprehensive article contains all of the information you need to know so you can start comparing Hyundai Elantra car insurance quotes like an expert.

In fact, you can enter your five-digit ZIP code into our free online tool to view affordable Hyundai Elantra auto insurance rates from multiple companies right now.

U.S. average insurance rates for a Hyundai Elantra are $1,348 a year for full coverage insurance. Comprehensive insurance costs on average $256, collision costs $536, and liability insurance is estimated at $398. Liability-only coverage costs approximately $460 a year, with high-risk coverage costing $2,942 or more. Teens pay the highest rates at $5,118 a year or more.

Average premium for full coverage: $1,348

Price estimates by individual coverage:

Rates are based on $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and for different Elantra trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on insurance rates. Rural areas have a lower frequency of physical damage claims than cities with more traffic congestion.

The price range example below illustrates how rural and urban location affects car insurance rates.

The ranges above illustrate why anyone shopping for car insurance should get quotes based on a specific location and risk profile, rather than relying on averaged prices.

Use the form below to get customized rates for your location.

More Rate Information

The chart below illustrates estimated Hyundai Elantra insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $770
• Choosing higher $1,000 deductibles can save around $178 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,348
• Selecting more expensive low deductibles for comp and collision coverage will cost an extra $354 a year
• High-risk insureds with serious driving violations could pay upwards of $2,942 or more
• The price for full coverage for a teen driver with full coverage may cost $5,118 each year

View Chart as Image

Auto insurance prices for a Hyundai Elantra are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

An older driver with a good driving record and high deductibles could pay as little as $1,300 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay upwards of $5,100 a year. View Rates by Age

The state you live in plays a big part in determining prices for Hyundai Elantra insurance rates. A good driver about age 40 could pay as low as $880 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,820 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $540 each year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $304 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,600 to $2,200 in extra premium each year, depending on your age. High-risk driver insurance ranges anywhere from 43% to 132% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the only way to figure out exactly what you will pay is to compare prices from as many companies as possible. Each auto insurer calculates prices differently, and quoted prices may be quite different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find the Best Cheap Hyundai Elantra Insurance

Getting lower rates on Hyundai Elantra insurance takes avoiding accidents and claims, having good credit, not filing small claims, and taking advantage of discounts. Set aside time to shop around at least once a year by getting quotes from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The points below are a quick review of the primary concepts that were raised in the charts and tables above.

• It is possible to save as much as $160 per year simply by shopping early and online
• High-risk drivers with a DUI or reckless driving violation pay an average of $1,590 more each year to insure a Hyundai Elantra
• Increasing physical damage deductibles can save around $525 each year
• Drivers under the age of 20 are charged the highest prices, as much as $427 a month if they have full coverage

Now that you are aware of how Hyundai Elantra rates can fluctuate, you have a better understanding of what you might expect to pay based on the model year of your vehicle.

For example, 2016 Hyundai Elantra insurance is almost always more expensive than what you can find with 2013 Hyundai Elantra insurance rates.

The best way to find out what your individual policy will look like is by using our free online quote tool below.

What are the safety ratings of the Hyundai Elantra?

It’s important to consider the safety ratings of the Hyundai Elantra to gain a better understanding of where you might qualify for policy discounts. After all, the safer the vehicle is, the less money you should have to pay for insurance

Take a look at the safety ratings of the Hyundai Elantra below with safety results reported by the Insurance Institute for Highway Safety.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

In case you are unaware, “Good” is the highest rating possible, and the Hyundai Elantra achieved that mark in every part of the car that was tested.

Hyundai Elantra Crash Test Ratings

Good crash test ratings mean you will be better protected in a crash. They can also help lower your auto insurance rates.

Hyundai Elantra Crash Test Ratings

Only a few Hyundai Elantra builds have 5-star crash ratings, but 4 stars is also a decent rating.

Hyundai Elantra Insurance Loss Probability

Low insurance loss probability equals low insurance rates, while high insurance loss probability equals high insurance rates.

Hyundai Elantra Insurance Loss Probability

Comprehensive coverage has the best insurance loss probability rate.

Hyundai Elantra Compared Against Other Vehicles in the Same Class

Experts from the Insurance Institute for Highway Safety classify the Hyundai Elantra as a small four-door sedan. By comparison, other similar models include the following:

• Chevrolet Cruze
• Honda Civic
• Toyota Corolla

In the end, it pays to do your research before you buy Hyundai Elantra car insurance.

By now you should have a great handle on how Hyundai Elantra insurance rates are calculated, so is there anything we might have missed?

If not, you can begin comparing Hyundai Elantra auto insurance rates from top companies by using our free quote tool now!

References

1. https://www.iihs.org/ratings/vehicle/hyundai/elantra-4-door-sedan/2020
2. https://www.nhtsa.gov/ratings