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 insurance costs around $270, collision costs $450, and liability costs around $452. A liability-only policy costs as low as $504 a year, with high-risk insurance costing $2,872 or more. Teenage drivers cost the most to insure at $5,048 a year or more.

Average premium for full coverage: $1,330

Policy rates for type of insurance:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and for different Veloster trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on insurance rates. Areas with sparse population are shown to have lower incidents of collision claims than densely populated cities.

The price range example below illustrates the difference location can make on auto insurance rates.

The examples above demonstrate why anyone shopping for car insurance should compare prices for a specific zip code, instead of making a decision based on average rates.

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

Detailed Rate Analysis

The chart below details estimated Hyundai Veloster insurance rates for additional coverage choices and driver risks.

• The best discount rate is $773
• Using higher $1,000 deductibles will save about $164 annually
• The estimated price for a good driver age 40 using $500 deductibles is $1,330
• Using more expensive low deductibles for physical damage coverage will cost an additional $316 annually
• High-risk insureds who are prone to accidents and violations could pay at least $2,872 or more
• Policy cost that insures a 16-year-old driver with full coverage can be $5,048 or more

View Chart as Image

Car insurance rates for a Hyundai Veloster also range considerably based on the model year and trim level, your age and driving habits, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at least $1,600 to $2,200 extra every year, depending on your age. High-risk driver insurance can be from 44% to 134% more than a normal policy. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged as much as $5,000 a year. View Rates by Age

Your home state has a huge impact on Hyundai Veloster insurance prices. A driver around age 40 might see rates 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

Using high physical damage deductibles could cut rates by as much as $480 annually, while increasing your policy's liability limits will increase rates. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out your exact price is to compare rates from multiple companies. Each insurance company uses a different method to calculate rates, so rate quotes will be varied.

How to Find Low Cost Hyundai Veloster Insurance

Finding cheaper rates on insurance for a Hyundai Veloster requires being a good driver, having a positive credit history, not filing small claims, and qualifying for all possible discounts. Compare prices at least once a year by requesting quotes from direct companies, and also from your local independent and exclusive agents.

The following list is a review of the primary concepts that were touched on in this article.

• You may be able to save up to $160 per year simply by shopping early and online
• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,540 more every year than a safer driver
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Drivers age 16 to 20 are the costliest to insure, as much as $421 each month if full coverage is purchased

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.