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 auto insurance rates for a Hyundai Elantra are $1,346 annually with full coverage. Comprehensive costs on average $248 each year, collision insurance costs $524, and liability costs $416. Liability-only coverage costs as little as $474 a year, and high-risk coverage costs around $2,938. Teen drivers receive the highest rates at up to $5,136 a year.

Average premium for full coverage: $1,346

Rate estimates by individual coverage type:

Full coverage includes $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and Elantra models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on auto insurance rates. Rural areas tend to have fewer collision claims than larger metro areas. The graphic below illustrates how geographic area affects car insurance rates.

These examples demonstrate why all drivers should compare rates based on a specific location and their own personal driving habits, instead of using price averages.

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

Rate Comparisons

The chart below details average Hyundai Elantra insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $769
• Drivers who choose higher $1,000 deductibles will pay around $176 annually
• The estimated rate for a 40-year-old driver with $500 deductibles is $1,346
• Choosing low deductibles for comprehensive and collision insurance will cost $1,688
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,938
• The cost with full coverage for a teen driver may cost $5,136 a year

View Chart as Image

Car insurance rates for a Hyundai Elantra can also vary considerably based on the trim level of your Elantra, your driving record, and policy deductibles and limits.

More mature drivers with no driving violations and high physical damage deductibles may pay as little as $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they will be charged upwards of $5,100 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out at a minimum $1,600 to $2,200 extra per year, depending on your age. Insurance for high-risk drivers can cost as much as 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $520 every year, whereas increasing liability limits will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $318 extra every 12 months. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Hyundai Elantra insurance prices. A 40-year-old driver could pay as low as $970 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,820 on average in Florida, Michigan, 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 Buy More Affordable Hyundai Elantra Insurance

Saving money on car insurance not only requires avoiding accidents and violations, but also having a good credit score, eliminating unnecessary coverage, and possibly raising deductibles. Invest the time to compare rates at least once a year by getting quotes from direct companies like Progressive and GEICO, and also from local independent and exclusive agents.

The list below is a summary of the primary concepts that were presented in the illustrations above.

• You may be able to save as much as $160 per year just by quoting online in advance
• Higher risk drivers who have multiple accidents or major violations pay an average of $1,590 more each year for car insurance
• Increasing deductibles could save up to $525 each year
• Teenagers are expensive to insure, with premiums as much as $428 per month if comprehensive and collision insurance is included

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