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...

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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 costs on average $282 a year, collision insurance costs $484, and liability is estimated at $442. Buying just liability costs approximately $496 a year, and insurance for high-risk drivers costs around $2,956. Teens cost the most to insure at up to $5,160 a year.

Average premium for full coverage: $1,366

Policy rates by type of insurance:

Comprehensive $282
Collision $484
Liability $442

Full coverage includes $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and Veloster trim levels.

Price Range Variability

For the average 40-year-old driver, Hyundai Veloster insurance rates range from as low as $496 for liability-only coverage to a high of $2,956 for a driver who requires high-risk insurance.

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

Urban vs. Rural Price Range

Living in a larger city can make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than cities with more traffic congestion. The diagram below illustrates the difference location can make on car insurance rates.

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

The examples above show why it is important to get quotes based on a specific location and risk profile, instead of making a decision based on averaged prices.

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 Charts and Tables

The chart below shows average Hyundai Veloster insurance rates for different risk profiles and scenarios.

  • The cheapest rate after discounts is $792
  • Choosing higher $1,000 deductibles can save around $1,192 a year
  • The average rate for a good driver age 40 with $500 deductibles is $1,366
  • Selecting low $100 deductibles for comp and collision coverage will increase the cost to $1,702
  • Higher-risk drivers with serious driving violations could pay upwards of $2,956
  • Policy cost for full coverage for a 16-year-old driver may cost $5,160 each year

View Chart as Image

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

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

Older drivers with a clean driving record and high deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay upwards of $5,100 a year. View Rates by Age

Your home state plays a big part in determining prices for Hyundai Veloster insurance prices. A good driver about age 40 could pay as low as $900 a year in states like Idaho, Maine, and Iowa, or have to pay at least $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 higher comprehensive and collision insurance deductibles can save as much as $510 annually, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $398 more per 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 a minimum $1,600 to $2,200 extra every year, depending on your age. A high-risk auto insurance policy ranges from 43% to 131% more than the average policy. View High Risk Driver Rates

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 insurance for a Hyundai Veloster takes being a safe and courteous driver, maintaining good credit, avoid buying unnecessary coverage, and determing if full coverage is necessary. Make time to compare rates at every other renewal by getting price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

Below is a summary of the concepts that were touched on in this article.

  • Drivers considered higher risk who have multiple accidents or major violations will pay on average $1,590 more each year for auto insurance
  • Teenage drivers pay the highest rates, costing up to $430 each month for full coverage
  • Drivers can save as much as $160 per year just by quoting early and online
  • Increasing comprehensive and collision deductibles can save around $500 each year
  • Drivers can save as much as $160 per year just by quoting early and online

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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