Hyundai Veloster Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Apr 29, 2024

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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.

Estimated auto insurance rates for a Hyundai Veloster are $1,330 annually for full coverage insurance. Comprehensive insurance costs an estimated $270 a year, collision insurance costs $450, and liability insurance is $452. A liability-only policy costs around $504 a year, and high-risk insurance costs $2,872 or more. Teenage drivers pay the most at up to $5,048 a year.

Average premium for full coverage: $1,330

Premium estimates broken down by type of coverage:

Comprehensive $270
Collision $450
Liability $452

Includes $500 policy deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and Veloster trim levels.

Insurance Price Range by Risk and Coverage

For the normal driver, insurance rates for a Hyundai Veloster range from as cheap as $504 for just the minimum liability insurance to a high of $2,872 for a high-risk driver policy.

Liability Only $504
Full Coverage $1,330
High Risk $2,872

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on the price of insurance. More rural locations are statistically proven to have fewer physical damage claims than densely populated cities. The diagram below illustrates how geographic area affects insurance prices.

Rural Areas $998
Small Cities $1,397
Large Cities $1,796

These rate differences illustrate why it is important to compare rates quotes for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Additional Rate Analysis

The chart below illustrates average Hyundai Veloster insurance rates for other coverage scenarios.

  • The best discount rate is $773
  • Raising to $1,000 deductibles will save approximately $1,166 each year
  • The estimated rate for a 40-year-old good driver who has $500 deductibles is $1,330
  • Using low $100 deductibles costs an additional $316 a year
  • Higher-risk drivers who are prone to accidents and violations could pay up to $2,872
  • An auto insurance policy with full coverage for a teen driver can cost as much as $5,048

View Chart as Image

Hyundai Veloster insurance cost comparison chart
Column chart showing Hyundai Veloster insurance prices range from $773 to $5,048 for full coverage

Auto insurance prices for a Hyundai Veloster also have a wide range based on the model of your Veloster, your risk profile, and liability limits and deductibles.

Older drivers with a good driving record and high physical damage deductibles could pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they will have to pay at least $5,000 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are probably paying $1,600 to $2,200 in extra premium annually, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 44% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce prices by up to $480 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost up to $407 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live also has a big influence on Hyundai Veloster insurance rates. A middle-age driver might find prices as low as $870 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,800 on average in Florida, New York, and Michigan.

Hyundai Veloster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,202 -$128 -9.6%
Alaska $1,020 -$310 -23.3%
Arizona $1,102 -$228 -17.1%
Arkansas $1,330 -$0 0.0%
California $1,514 $184 13.8%
Colorado $1,270 -$60 -4.5%
Connecticut $1,368 $38 2.9%
Delaware $1,504 $174 13.1%
Florida $1,664 $334 25.1%
Georgia $1,228 -$102 -7.7%
Hawaii $954 -$376 -28.3%
Idaho $900 -$430 -32.3%
Illinois $990 -$340 -25.6%
Indiana $1,000 -$330 -24.8%
Iowa $896 -$434 -32.6%
Kansas $1,262 -$68 -5.1%
Kentucky $1,816 $486 36.5%
Louisiana $1,968 $638 48.0%
Maine $820 -$510 -38.3%
Maryland $1,096 -$234 -17.6%
Massachusetts $1,064 -$266 -20.0%
Michigan $2,310 $980 73.7%
Minnesota $1,112 -$218 -16.4%
Mississippi $1,592 $262 19.7%
Missouri $1,178 -$152 -11.4%
Montana $1,426 $96 7.2%
Nebraska $1,050 -$280 -21.1%
Nevada $1,594 $264 19.8%
New Hampshire $958 -$372 -28.0%
New Jersey $1,486 $156 11.7%
New Mexico $1,178 -$152 -11.4%
New York $1,400 $70 5.3%
North Carolina $766 -$564 -42.4%
North Dakota $1,090 -$240 -18.0%
Ohio $918 -$412 -31.0%
Oklahoma $1,366 $36 2.7%
Oregon $1,218 -$112 -8.4%
Pennsylvania $1,268 -$62 -4.7%
Rhode Island $1,774 $444 33.4%
South Carolina $1,206 -$124 -9.3%
South Dakota $1,122 -$208 -15.6%
Tennessee $1,164 -$166 -12.5%
Texas $1,604 $274 20.6%
Utah $984 -$346 -26.0%
Vermont $910 -$420 -31.6%
Virginia $796 -$534 -40.2%
Washington $1,026 -$304 -22.9%
West Virginia $1,218 -$112 -8.4%
Wisconsin $922 -$408 -30.7%
Wyoming $1,184 -$146 -11.0%

View Chart as Image

Hyundai Veloster insurance rates by U.S. city
Hyundai Veloster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Veloster $308 $524 $416 $1,406
2021 Hyundai Veloster $298 $502 $430 $1,388
2020 Hyundai Veloster $282 $484 $442 $1,366
2019 Hyundai Veloster $270 $450 $452 $1,330
2018 Hyundai Veloster $260 $424 $456 $1,298
2017 Hyundai Veloster $248 $380 $460 $1,246
2016 Hyundai Veloster $232 $350 $460 $1,200
2015 Hyundai Veloster $224 $328 $464 $1,174
2014 Hyundai Veloster $220 $306 $474 $1,158
2013 Hyundai Veloster $202 $284 $474 $1,118
2012 Hyundai Veloster $198 $258 $478 $1,092

Rates are averaged for all Hyundai Veloster models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Buy the Cheapest Hyundai Veloster Insurance

Finding better rates on Hyundai Veloster insurance consists of being a good driver, having above-average credit, paying for small claims out-of-pocket, and consideration of higher deductibles. Invest the time to compare rates every time your policy renews by getting quotes from direct insurance companies, and also from your local independent and exclusive agents.

The following list is a recap of the information presented in the illustrations above.

  • It is possible to save approximately $160 per year just by quoting early and online
  • Drivers age 16 to 20 are the costliest to insure, with premiums being up to $421 per month if full coverage is included
  • Increasing policy deductibles could save up to $475 each year
  • High-risk drivers that have major violations or accidents may pay on average $1,540 more annually than a safer driver
  • Drivers who want an increased level of liability coverage will pay an extra $500 annually to raise from 30/60 bodily injury limits to higher 250/500 limits

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. 

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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:

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. 

Rates by Driver Age

Hyundai Veloster Insurance Rates by Driver Age
Driver Age Premium
16 $5,048
20 $3,056
30 $1,378
40 $1,330
50 $1,216
60 $1,192

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Veloster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,646
$250 $1,500
$500 $1,330
$1,000 $1,166

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Veloster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,330
50/100 $1,420
100/300 $1,533
250/500 $1,827
100 CSL $1,466
300 CSL $1,714
500 CSL $1,895

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Veloster Insurance Rates for High Risk Drivers
Age Premium
16 $7,182
20 $4,866
30 $2,926
40 $2,872
50 $2,744
60 $2,718

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $184

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $70
Multi-vehicle $70
Homeowner $21
5-yr Accident Free $94
5-yr Claim Free $86
Paid in Full/EFT $58
Advance Quote $64
Online Quote $94
Total Discounts $557
Rate after discounts $773

Discounts are estimated and may not be available from every company or in every state.

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