Hyundai Veloster Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Apr 29, 2024

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How much is insurance for a Hyundai Veloster? The average Hyundai Veloster insurance rates are $120 per month or $1,440 annually. However, many factors impact your Veloster insurance costs. If you’re looking for affordable Hyundai Veloster car insurance, keep reading. 

Our comprehensive Hyundai Veloster insurance guide will help you better understand how your rates are calculated. We’ll also go over some car insurance basics, like what does liability insurance cover, and is it enough to fully protect your Veloster?

Did you find a Hyundai Veloster for sale and can’t wait to start comparing rates? Simply enter your five-digit ZIP code into our FREE quote tool above to find cheap Hyundai Veloster rates.

The average insurance rates for a Hyundai Veloster are $1,366 a year for full coverage. Comprehensive insurance costs around $282, collision costs $484, and liability insurance costs $442. Liability-only insurance costs as little as $496 a year, with high-risk driver insurance costing $2,956 or more. Teen drivers cost the most to insure at $5,160 a year or more.

Average premium for full coverage: $1,366

Policy rates for type of insurance:

Comprehensive $282
Collision $484
Liability $442

Full coverage includes $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for all Veloster models.

Price Range Variability

For the average 40-year-old driver, Hyundai Veloster insurance rates go from as low as $496 for just the minimum liability insurance to the much higher price of $2,956 for a policy for a high-risk driver.

Liability Only $496
Full Coverage $1,366
High Risk $2,956

Urban vs. Rural Price Range

Your location has a significant impact on auto insurance rates. Areas with sparse population are shown to have a lower frequency of accident claims than larger metro areas.

The example below illustrates the difference location can make on auto insurance rates.

Rural Areas $1,025
Small Cities $1,434
Large Cities $1,844

The examples above show why everyone should compare rates for a specific zip code and risk profile, rather than relying on price averages.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Additional Rate Analysis

The chart below shows estimated Hyundai Veloster insurance rates for additional coverage choices and driver risks.

  • The lowest rate with discounts is $792
  • Drivers who choose higher $1,000 deductibles will pay about $174 a year
  • The average rate for a good driver age 40 using $500 deductibles is $1,366
  • Choosing pricier low deductibles for comprehensive and collision insurance will cost an extra $336 a year
  • High risk drivers with multiple violations and an at-fault accident could pay at least $2,956 or more
  • Policy cost for full coverage for a teen driver for full coverage can be $5,160 a year

View Chart as Image

Hyundai Veloster insurance cost comparison chart
Column chart showing full coverage Hyundai Veloster insurance prices range from $792 to $5,160

Auto insurance rates for a Hyundai Veloster also range considerably based on your risk profile, the trim level of your Veloster, and deductibles and policy limits.

A more mature driver with a good driving record and high deductibles could pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers will have to pay as much as $5,100 a year. View Rates by Age

Your home state makes a big difference in Hyundai Veloster insurance rates. A 40-year-old driver could pay as low as $900 a year in states like Idaho, Maine, and Iowa, or as much as $1,950 on average in Michigan, Louisiana, and New York.

Hyundai Veloster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,236 -$130 -9.5%
Alaska $1,050 -$316 -23.1%
Arizona $1,136 -$230 -16.8%
Arkansas $1,366 -$0 0.0%
California $1,556 $190 13.9%
Colorado $1,304 -$62 -4.5%
Connecticut $1,406 $40 2.9%
Delaware $1,546 $180 13.2%
Florida $1,710 $344 25.2%
Georgia $1,262 -$104 -7.6%
Hawaii $982 -$384 -28.1%
Idaho $924 -$442 -32.4%
Illinois $1,018 -$348 -25.5%
Indiana $1,030 -$336 -24.6%
Iowa $922 -$444 -32.5%
Kansas $1,300 -$66 -4.8%
Kentucky $1,864 $498 36.5%
Louisiana $2,024 $658 48.2%
Maine $842 -$524 -38.4%
Maryland $1,128 -$238 -17.4%
Massachusetts $1,094 -$272 -19.9%
Michigan $2,374 $1,008 73.8%
Minnesota $1,144 -$222 -16.3%
Mississippi $1,636 $270 19.8%
Missouri $1,212 -$154 -11.3%
Montana $1,468 $102 7.5%
Nebraska $1,078 -$288 -21.1%
Nevada $1,638 $272 19.9%
New Hampshire $984 -$382 -28.0%
New Jersey $1,528 $162 11.9%
New Mexico $1,210 -$156 -11.4%
New York $1,440 $74 5.4%
North Carolina $786 -$580 -42.5%
North Dakota $1,118 -$248 -18.2%
Ohio $944 -$422 -30.9%
Oklahoma $1,402 $36 2.6%
Oregon $1,252 -$114 -8.3%
Pennsylvania $1,304 -$62 -4.5%
Rhode Island $1,824 $458 33.5%
South Carolina $1,236 -$130 -9.5%
South Dakota $1,154 -$212 -15.5%
Tennessee $1,198 -$168 -12.3%
Texas $1,646 $280 20.5%
Utah $1,012 -$354 -25.9%
Vermont $934 -$432 -31.6%
Virginia $818 -$548 -40.1%
Washington $1,058 -$308 -22.5%
West Virginia $1,252 -$114 -8.3%
Wisconsin $946 -$420 -30.7%
Wyoming $1,218 -$148 -10.8%

View Chart as Image

Hyundai Veloster insurance rates by U.S. city

Choosing high deductibles could save up to $510 each year, whereas buying more liability protection will increase rates. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $398 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at least $1,600 to $2,200 in extra premium every year, depending on your age. Hyundai Veloster insurance for high-risk drivers can cost anywhere from 43% to 131% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to know your exact price is to regularly compare rates from as many companies as possible. Every company uses a different rate calculation, and quoted rates will be varied from one company to the next.

Hyundai Veloster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Veloster $320 $536 $398 $1,412
2021 Hyundai Veloster $308 $524 $416 $1,406
2020 Hyundai Veloster $298 $502 $430 $1,388
2019 Hyundai Veloster $282 $484 $442 $1,366
2018 Hyundai Veloster $270 $450 $452 $1,330
2017 Hyundai Veloster $260 $424 $456 $1,298
2016 Hyundai Veloster $248 $380 $460 $1,246
2015 Hyundai Veloster $232 $350 $460 $1,200
2014 Hyundai Veloster $224 $328 $464 $1,174
2013 Hyundai Veloster $220 $306 $474 $1,158
2012 Hyundai Veloster $202 $284 $474 $1,118

Rates are averaged for all Hyundai Veloster models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find More Affordable Hyundai Veloster Insurance

Finding cheaper rates on Hyundai Veloster insurance not only requires avoiding accidents and violations, but also having good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Make time to compare rates every year by requesting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The list below is a summary of the coverage data touched on in this article.

  • Drivers can save up to $160 per year simply by quoting online well ahead of the renewal date
  • Increasing comprehensive and collision deductibles can save around $500 each year
  • Teenagers are expensive to insure, costing up to $430 each month if they have full coverage
  • High-risk drivers who have multiple accidents or major violations may be required to pay an average of $1,590 more every year for car insurance

Why are Hyundais so expensive to insure? As you’ve learned from the above information, many factors influence your Hyundai Veloster insurance group. Everything from the state where you live, to the age of your Veloster model, impacts your average car insurance rates. 

Even the trim level you choose for your Veloster can cause your premiums to increase or decrease. For example, the Hyundai Veloster N insurance costs are going to be different than the base model costs. 

Whether you’re looking for cheap 2012 Hyundai Veloster insurance rates, or the brand new 2020 Hyundai Veloster N insurance costs, the only way to know you’re getting the lowest rates is by comparing quotes from multiple different companies. 

If you’re ready to get started, just enter your five-digit ZIP code into our FREE quote comparison tool below to receive affordable Hyundai Veloster premiums from reputable insurance companies. 

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What are the safety ratings for the Hyundai Veloster?

Understanding the Hyundai Veloster safety ratings can help you see what car insurance discounts your vehicle might qualify for. Check out the safety ratings below. 

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

A rating of ‘Good’ is the highest possible score given by the Insurance Institute for Highway Safety. The Hyundai Veloster is one of the 2020 Top Safety Picks. If you drive this vehicle, this is great news for your insurance rates. 

Not only will your insurance rates stay low, but you can also rest easy knowing you’re driving a top of the line, extra safe car.    

Hyundai Veloster Compared Against other Vehicles in the Same Class

Comparing the Hyundai Veloster to similar vehicles can help you save money, especially if the Hyundai Veloster has a better loss ratio than other cars in the same class. 

Is a Hyundai Veloster considered a sports car? While Hyundai does market this vehicle as a sports car, officially, the Insurance Institute for Highway Safety classifies it as a small two-door car. 

See other comparable small cars in the list below:

Fortunately, the Hyundai Veloster and Hyundai Veloster N maintenance costs are within the average range for similar vehicles. The Hyundai Veloster cost to own is also not substantially higher than average. 

Because it is affordable to fix or replace, your Hyundai Veloster insurance rates should not experience any dramatic increases. 

You are now an expert on finding cheap Hyundai Veloster insurance rates. Only you can say for yourself if a Hyundai Veloster is worth buying. 

Ready to start comparing premiums? Just enter your five-digit ZIP code into our FREE quote tool to immediately receive cheap Hyundai Veloster insurance rates. 

Rates by Driver Age

Hyundai Veloster Insurance Rates by Driver Age
Driver Age Premium
16 $5,160
20 $3,146
30 $1,420
40 $1,366
50 $1,250
60 $1,224

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Veloster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,702
$250 $1,546
$500 $1,366
$1,000 $1,192

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Veloster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,366
50/100 $1,454
100/300 $1,565
250/500 $1,852
100 CSL $1,499
300 CSL $1,742
500 CSL $1,919

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Veloster Insurance Rates for High Risk Drivers
Age Premium
16 $7,348
20 $5,012
30 $3,014
40 $2,956
50 $2,822
60 $2,796

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $190

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $72
Multi-vehicle $72
Homeowner $21
5-yr Accident Free $98
5-yr Claim Free $88
Paid in Full/EFT $60
Advance Quote $66
Online Quote $97
Total Discounts $574
Rate after discounts $792

Discounts are estimated and may not be available from every company or in every state.

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