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 prices for a Hyundai Elantra are $1,330 every 12 months with full coverage. Comprehensive costs around $240, collision insurance costs $502, and liability costs $430. A policy with just liability insurance costs as little as $486 a year, and coverage for high-risk drivers costs around $2,898. Teenage drivers pay the highest rates at up to $5,102 a year.

Average premium for full coverage: $1,330

Price estimates for individual coverage:

Prices are based on $500 deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all U.S. states and for different Elantra trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on insurance rates. Areas with sparse population have more infrequent collision claims than densely populated cities. The price range example below illustrates how geographic area affects auto insurance rates.

The ranges above demonstrate why anyone shopping for car insurance should compare rates for a specific zip code and their own driving history, instead of using average rates.

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

Rate Comparisons

The chart below details average Hyundai Elantra insurance rates for additional coverage choices and driver risks.

• The best discount rate is $763
• Drivers who choose higher $1,000 deductibles will pay about $168 annually
• The average price for the average middle-age driver using $500 deductibles is $1,330
• Using more expensive low deductibles for comprehensive and collision insurance increases the price to $1,658
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,898
• The price to insure a teen driver with full coverage can be $5,102 a year

View Chart as Image

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

Using high physical damage deductibles could save up to $500 every year, while increasing your policy's liability limits will increase prices. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $327 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $1,200 per year on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers can expect to pay as much as $5,100 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out at least $1,600 to $2,200 extra each year, depending on your age. High-risk driver insurance can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

The state you live in makes a big difference in Hyundai Elantra insurance prices. A 40-year-old driver could pay as low as $960 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,800 on average in Florida, Michigan, and New York.

View Chart as Image

Insurance Rates by Trim Level and Model Year

Rates assume 2019 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 Shop for Affordable Hyundai Elantra Insurance

Getting lower rates on car insurance not only requires not taking risks behind the wheel, but also having good credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Invest the time to compare rates at every other renewal by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a brief review of the concepts that were presented in the illustrations above.

• Higher risk drivers with DUI or reckless driving convictions pay on average $1,570 more every year for Elantra insurance
• Teens pay higher prices, costing up to $425 a month if they have full coverage
• You may be able to save up to $160 per year just by shopping early and online
• Increasing physical damage deductibles could save as much as $500 each year
• You may be able to save up to $160 per year just by shopping early and online

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.

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.

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