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.

The average auto insurance rates for a Hyundai Elantra are $1,310 annually for full coverage insurance. Comprehensive costs around $226, collision costs $484, and liability coverage is estimated at $442. Liability-only insurance costs approximately $496 a year, with high-risk driver insurance costing around $2,866. Teens cost the most to insure at $5,076 a year or more.

Average premium for full coverage: $1,310

Policy rates for type of insurance:

Includes $500 policy deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and for all Elantra models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. Areas with sparse population are shown to have fewer physical damage claims than cities with more traffic congestion.

The example below illustrates how your location can change auto insurance rates.

The examples above illustrate why everyone should get quotes for a specific zip code and their own personal driving habits, rather than using averaged prices.

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

Additional Rate Details

The chart below illustrates estimated Hyundai Elantra insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $752
• Choosing higher $1,000 deductibles can save about $160 each year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,310
• Selecting pricier low deductibles for comp and collision coverage will cost $1,626
• Drivers with serious driving violations could pay at least $2,866 or more
• Policy cost with full coverage for a teenage driver for full coverage can be $5,076 each year

View Chart as Image

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

A more mature driver with a good driving record and high physical damage 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 without any violations or accidents they will have to pay as much as $5,000 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying at least $1,600 to $2,200 in extra premium every year, depending on your age. Hyundai Elantra insurance for high-risk drivers ranges around 43% to 136% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can save as much as $480 a year, whereas buying more liability protection will increase rates. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $339 extra every year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Hyundai Elantra insurance rates. A good driver about age 40 could pay as low as $860 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,770 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out your exact price is to regularly compare rates and see how they stack up. Each auto insurer calculates rates differently, and quoted rates will be varied between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2019 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 the Cheapest Hyundai Elantra Insurance

Finding cheaper rates on auto insurance takes being a good driver, having above-average credit, being claim-free, and maximizing policy discounts. Invest the time to shop around every time your policy renews by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a recap of the information illustrated above.

• It is possible to save up to $160 per year simply by quoting online well ahead of the renewal date
• Drivers age 16 to 20 are expensive to insure, possibly costing $423 each month if full coverage is included
• Increasing comprehensive and collision deductibles could save up to $475 each year
• Drivers that have major violations or accidents pay on average $1,560 more every year than a safer driver
• Consumers who may need an increased level of liability coverage will pay approximately $490 annually to raise limits from a 30/60 limit to higher 250/500 limits

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.

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.

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