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 costs on average $256 each year, collision insurance costs $536, and liability insurance is estimated at $398. Liability-only insurance costs approximately $460 a year, and high-risk driver insurance costs around $2,942. Teen drivers pay the highest rates at up to $5,118 a year.

Average premium for full coverage: $1,348

Price estimates by individual coverage:

Full coverage includes $500 deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all states and Elantra models.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on car insurance rates. Rural areas have fewer accident claims than larger metro areas. The graphic below illustrates how location impacts car insurance rates.

The ranges above show why all drivers should get quotes based on a specific location and their own personal driving habits, rather than relying on price averages.

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

More Rate Information

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

• The lowest rate with discounts is $770
• Choosing higher $1,000 deductibles can save around $178 a year
• The estimated rate for the average middle-age driver with $500 deductibles is $1,348
• Choosing low deductibles for comp and collision coverage will cost $1,702
• High-risk insureds with multiple violations and an at-fault accident could pay upwards of $2,942
• The price with full coverage for a teen driver may cost $5,118 each year

View Chart as Image

Car 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.

More mature drivers with no driving violations and high physical damage deductibles could pay as little as $1,300 annually on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will be charged 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. Insurance for high-risk drivers ranges anywhere from 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $540 each year, whereas increasing 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 extra every 12 months. View Rates by Deductible or Liability Limit

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 $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

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 More Affordable Hyundai Elantra Insurance

Getting lower rates on Hyundai Elantra insurance takes not taking risks behind the wheel, having a good credit score, eliminating unnecessary coverage, and possibly raising deductibles. Spend time shopping around at every policy renewal by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following is a summary of the data touched on above.

• Drivers who require higher liability limits will pay about $440 each year to raise limits from a low limit to higher 250/500 limits
• Drivers can save as much as $160 per year just by quoting online in advance
• Increasing physical damage deductibles could save up to $525 each year
• Teens are expensive to insure, with premiums as much as $427 a month if comprehensive and collision insurance is included

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