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 auto insurance rates for a Hyundai Elantra are $1,348 annually for full coverage. Comprehensive insurance costs on average $256, collision costs $536, and liability coverage costs $398. A policy with just liability insurance costs as little as $460 a year, with coverage for high-risk drivers costing $2,942 or more. Teen drivers 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 deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all states and for different Elantra trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on car insurance rates. Rural areas have fewer accident claims than larger metro areas.

The price range example below illustrates how your location can change car insurance rates.

The ranges above show why anyone shopping for car insurance should compare rates based on a specific location and their own personal driving habits, rather than using price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $770
• Drivers who choose higher $1,000 deductibles will pay around $178 a year
• The estimated rate for the average middle-age driver with $500 deductibles is $1,348
• Choosing more expensive low deductibles for comprehensive and collision insurance costs an additional $354 each year
• High-risk insureds with multiple violations and an at-fault accident could pay upwards of $2,942 or more
• The price with full coverage for a teenage driver with full coverage may cost $5,118 a year

View Chart as Image

Insurance prices for a Hyundai Elantra are also quite variable based on the trim level and model year, your driver profile, and policy deductibles and limits.

An older driver with a clean driving record and high physical damage deductibles may only pay around $1,300 per year on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they can expect to pay upwards of $5,100 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you could be paying at a minimum $1,600 to $2,200 extra each year, depending on your age. High-risk driver insurance can cost around 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $540 a year, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $304 more per year. View Rates by Deductible or Liability Limit

The state you live in makes a big difference in Hyundai Elantra insurance rates. A 40-year-old driver could pay as low as $890 a year in states like Idaho, Maine, and Iowa, or as much as $1,930 on average in Michigan, Louisiana, and New York.

View Chart as Image

Since prices can be so different, the only way to know exactly what you will pay is to compare prices and see how they stack up. Every company uses a different rate calculation, so the prices may be quite different between companies.

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 Buy the Best Cheap Hyundai Elantra Insurance

Getting lower rates on auto insurance not only requires not taking risks behind the wheel, but also having a good credit history, eliminating unnecessary coverage, and bundling your home and auto policies. Invest the time to shop around at least once a year by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following is a quick review of the primary concepts that were illustrated above.

• Drivers can save as much as $160 per year simply by shopping early and online
• Drivers with a DUI or reckless driving violation may be required to pay an average of $1,590 more each year for Elantra insurance
• Increasing physical damage deductibles could save up to $525 each year
• Teens pay the highest prices, with premiums as much as $427 a month including comprehensive and collision insurance

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