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.

Average insurance prices for a Hyundai Elantra are $1,348 every 12 months for full coverage. Comprehensive insurance costs around $256 each year, collision insurance costs $536, and liability coverage is estimated at $398. Buying just liability costs approximately $460 a year, and insurance for high-risk drivers costs $2,942 or more. 16-year-old drivers receive the highest rates at up to $5,118 a year.

Average premium for full coverage: $1,348

Rate estimates for individual coverage type:

Includes $500 deductible amounts, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and Elantra models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a large influence on auto insurance rates. Areas with sparse population tend to have more infrequent accident claims than congested cities. The graphic below illustrates how location helps determine auto insurance rates.

These examples show why all drivers should get quotes for a specific zip code and their own driving history, rather than using rate 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 additional coverage choices and driver risks.

• The best full coverage rate is $770
• Choosing higher $1,000 deductibles can save about $178 a year
• The average price for a 40-year-old driver using $500 deductibles is $1,348
• Buying low deductibles for comp and collision coverage costs an extra $354 each year
• Drivers with multiple tickets or accidents could pay at least $2,942
• The cost to insure a teenage driver can be $5,118 each year

View Chart as Image

Auto insurance rates for a Hyundai Elantra can also vary considerably based on policy deductibles and limits, your driver profile, and the trim level and model year.

Opting for high physical damage deductibles can save as much as $540 a year, whereas increasing liability limits will increase rates. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $304 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles may only pay around $1,300 annually on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will have to pay as much as $5,100 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying at least $1,600 to $2,200 in extra premium per year, depending on your age. Insurance for high-risk drivers ranges around 43% to 132% more than the average rate. View High Risk Driver Rates

Where you live 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 at least $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 Shop for the Cheapest Hyundai Elantra Insurance

Saving money on auto insurance takes having a good driving record, having a good credit score, eliminating unneeded coverage, and possibly raising deductibles. Invest time comparing rates every time your policy renews by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a recap of the information covered in the charts and tables above.

• Drivers can save up to $160 per year just by quoting online in advance
• Drivers age 20 and younger are expensive to insure, costing as high as $427 per month if comprehensive and collision insurance is included
• Increasing deductibles could save as much as $525 each year
• Drivers that have major violations or accidents may pay on average $1,590 more every year to buy Hyundai Elantra insurance
• Consumers who may need increased levels of liability coverage will pay around $440 each year to raise limits from a minimum limit to a 250/500 level

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