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.

The average insurance prices for a Hyundai Elantra are $1,346 every 12 months including full coverage. Comprehensive costs approximately $248, collision costs $524, and liability costs $416. Liability-only insurance costs as little as $474 a year, with high-risk driver insurance costing around $2,938. 16-year-old drivers cost the most to insure at $5,136 a year or more.

Average premium for full coverage: $1,346

Policy rates by type of insurance:

Full coverage includes $500 deductibles, bodily injury liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and for all Elantra models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than congested cities.

The example below illustrates how where you live affects auto insurance prices.

The examples above highlight why everyone should compare rates using their specific location and their own driving history, instead of using rate averages.

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

Additional Rate Information

The chart below breaks down estimated Hyundai Elantra insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $769
• Drivers who choose higher $1,000 deductibles will pay $176 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,346
• Buying pricier low deductibles for comprehensive and collision insurance increases the price to $1,688
• Higher-risk drivers with multiple tickets or accidents could pay around $2,938 or more
• Policy cost to insure a teen driver for full coverage can cost $5,136 a year

View Chart as Image

Auto insurance rates for a Hyundai Elantra also range considerably based on liability limits and deductibles, your driving characteristics, and the model of your Elantra.

Opting for high physical damage deductibles could save up to $520 every year, whereas buying more liability protection will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $318 extra every year. View Rates by Deductible or Liability Limit

A more mature driver with a good driving record and higher deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will have to pay in the ballpark of $5,100 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying anywhere from $1,600 to $2,200 in extra premium every year, depending on your age. Hyundai Elantra insurance for high-risk drivers can cost as much as 43% to 132% more than the average rate. View High Risk Driver Rates

Your home state makes a big difference in Hyundai Elantra insurance prices. A 40-year-old driver could pay as low as $1,030 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,920 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to regularly compare rates and see which company has the best rate. Every company utilizes a different rate formula, and quoted rates will be varied.

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 Shop for More Affordable Hyundai Elantra Insurance

Finding cheaper rates on car insurance not only requires not taking risks behind the wheel, but also having a good credit score, paying for small claims out-of-pocket, and not having any coverage lapses. Take the time to comparison shop every other policy renewal by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

The following is a summary of the ideas that were touched on in the above illustrations.

• Teens have the highest car insurance rates, with premiums being up to $428 each month if comprehensive and collision insurance is included
• Higher risk drivers who have multiple accidents or major violations could be charged and average of $1,590 more per year for Elantra insurance
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• You may be able to save around $160 per year simply by quoting online well ahead of the renewal date

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