Hyundai Veloster Insurance Rates

How much is insurance for a Hyundai Veloster? The average Hyundai Veloster insurance rates are $120 per month or $1,440 annually. However, many factors impact your Veloster insurance costs. If you’re looking for affordable Hyundai Veloster car insurance, keep reading. 

Our comprehensive Hyundai Veloster insurance guide will help you better understand how your rates are calculated. We’ll also go over some car insurance basics, like what does liability insurance cover, and is it enough to fully protect your Veloster?

Did you find a Hyundai Veloster for sale and can’t wait to start comparing rates? Simply enter your five-digit ZIP code into our FREE quote tool above to find cheap Hyundai Veloster rates.

The average insurance rates for a Hyundai Veloster are $1,330 a year with full coverage. Comprehensive costs approximately $270, collision costs $450, and liability coverage is estimated at $452. Liability-only coverage costs approximately $504 a year, with high-risk coverage costing around $2,872. Teenage drivers cost the most to insure at $5,048 a year or more.

Average premium for full coverage: $1,330

Policy rates by type of insurance:

Includes $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and for different Veloster trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than densely populated cities.

The price range example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above demonstrate why anyone shopping for car insurance should get quotes using their specific location and risk profile, rather than using average rates.

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

Rates by State, City, and Model

The chart below details estimated Hyundai Veloster insurance rates for additional coverage and risk scenarios.

• The best discount rate is $773
• Choosing higher $1,000 deductibles can save $164 annually
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,330
• Using more expensive low deductibles for comp and collision coverage will increase the cost to $1,646
• Drivers who are prone to accidents and violations could pay around $2,872 or more
• Policy cost for full coverage for a teenage driver with full coverage can cost $5,048 each year

View Chart as Image

Insurance rates for a Hyundai Veloster also range considerably based on your risk profile, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high deductibles may only pay around $1,200 annually on average, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $5,000 a year. View Rates by Age

Your home state plays a big part in determining prices for Hyundai Veloster insurance rates. A good driver about age 40 could pay as low as $960 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,800 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can save as much as $480 a year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out anywhere from $1,600 to $2,200 additional every year, depending on your age. High-risk driver insurance ranges around 44% to 134% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to compare rates and see how they stack up. Each auto insurer uses a different method to calculate rates, and rates will be varied from one company to the next.

How to Find the Cheapest Hyundai Veloster Insurance

Finding cheaper rates on auto insurance takes being safe and accident-free, having a good credit history, not filing small claims, and qualifying for all possible discounts. Set aside time to compare rates every couple of years by requesting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below you'll find a recap of the material that was covered above.

• Consumers who purchase more liability protection will pay an extra $500 every year to raise limits from a 30/60 limit to 250/500 limits
• Youthful drivers are the costliest to insure, as much as $421 each month including comprehensive and collision insurance
• Drivers that have major violations or accidents pay on average $1,540 more per year than a low-risk driver
• Increasing comprehensive and collision deductibles can save around $475 each year

Why are Hyundais so expensive to insure? As you’ve learned from the above information, many factors influence your Hyundai Veloster insurance group. Everything from the state where you live, to the age of your Veloster model, impacts your average car insurance rates. 

Even the trim level you choose for your Veloster can cause your premiums to increase or decrease. For example, the Hyundai Veloster N insurance costs are going to be different than the base model costs. 

Whether you’re looking for cheap 2012 Hyundai Veloster insurance rates, or the brand new 2020 Hyundai Veloster N insurance costs, the only way to know you’re getting the lowest rates is by comparing quotes from multiple different companies. 

If you’re ready to get started, just enter your five-digit ZIP code into our FREE quote comparison tool below to receive affordable Hyundai Veloster premiums from reputable insurance companies. 

What are the safety ratings for the Hyundai Veloster?

Understanding the Hyundai Veloster safety ratings can help you see what car insurance discounts your vehicle might qualify for. Check out the safety ratings below. 

• Small overlap front (driver-side): Good
• Small overlap front (passenger): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

A rating of ‘Good’ is the highest possible score given by the Insurance Institute for Highway Safety. The Hyundai Veloster is one of the 2020 Top Safety Picks. If you drive this vehicle, this is great news for your insurance rates. 

Not only will your insurance rates stay low, but you can also rest easy knowing you’re driving a top of the line, extra safe car.    

Hyundai Veloster Compared Against other Vehicles in the Same Class

Comparing the Hyundai Veloster to similar vehicles can help you save money, especially if the Hyundai Veloster has a better loss ratio than other cars in the same class. 

Is a Hyundai Veloster considered a sports car? While Hyundai does market this vehicle as a sports car, officially, the Insurance Institute for Highway Safety classifies it as a small two-door car. 

See other comparable small cars in the list below:

• Honda Civic
• Subaru BRZ
• Volkswagen Beetle

Fortunately, the Hyundai Veloster and Hyundai Veloster N maintenance costs are within the average range for similar vehicles. The Hyundai Veloster cost to own is also not substantially higher than average. 

Because it is affordable to fix or replace, your Hyundai Veloster insurance rates should not experience any dramatic increases. 

You are now an expert on finding cheap Hyundai Veloster insurance rates. Only you can say for yourself if a Hyundai Veloster is worth buying. 

Ready to start comparing premiums? Just enter your five-digit ZIP code into our FREE quote tool to immediately receive cheap Hyundai Veloster insurance rates.