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.

Average insurance rates for a Hyundai Veloster are $1,330 a year with full coverage. Comprehensive costs on average $270 a year, collision costs $450, and liability costs $452. A liability-only policy costs as little as $504 a year, with high-risk insurance costing around $2,872. Teenage drivers receive the highest rates at $5,048 a year or more.

Average premium for full coverage: $1,330

Rate estimates by individual coverage type:

Prices are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all U.S. states and Veloster trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on auto insurance rates. Rural areas tend to have a lower frequency of collision claims than densely populated cities.

The diagram below illustrates the difference between rural and urban areas on car insurance rates.

These examples demonstrate why it is important to compare rates based on a specific location and risk profile, instead of making a decision based on average rates.

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

Additional Rate Details

The chart below details estimated Hyundai Veloster insurance rates for different risk profiles and scenarios.

• The best discount rate is $773
• Drivers who choose higher $1,000 deductibles will pay around $1,166 annually
• The average rate for a 40-year-old driver with $500 deductibles is $1,330
• Using low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,646
• Drivers who are prone to accidents and violations could pay upwards of $2,872 or more
• The cost for full coverage for a 16-year-old driver may cost $5,048 a year

View Chart as Image

Insurance rates for a Hyundai Veloster can also vary considerably based on your driver profile, the trim level and model year, and policy deductibles and limits.

Older drivers with a clean driving record and high deductibles may pay as low as $1,200 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay upwards of $5,000 a year. View Rates by Age

Where you live makes a big difference in Hyundai Veloster insurance prices. A 40-year-old driver could pay 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 save up to $480 annually, while buying higher liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will cost as much as $407 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out at a minimum $1,600 to $2,200 extra per year, depending on your age. A high-risk auto insurance policy can cost from 44% to 134% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the best way to find out exactly what you will pay is to get quotes from multiple companies. Every company uses a different method to calculate rates, so the rates can be significantly different from one company to the next.

How to Find Affordable Hyundai Veloster Insurance

Saving money on insurance for a Hyundai Veloster not only requires avoiding accidents and violations, but also maintaining good credit, eliminating unnecessary coverage, and bundling your home and auto policies. Set aside time to compare rates at least once a year by getting price quotes from direct companies like GEICO and Progressive, and also from local insurance agents.

The list below is a brief review of the primary concepts that were covered above.

• You may be able to save as much as $160 per year simply by quoting early and online
• Drivers considered higher risk with DUI or reckless driving convictions may be required to pay an average of $1,540 more each year for car insurance
• Increasing deductibles can save around $475 each year
• Teenagers pay the highest rates, with premiums as much as $421 per month for full coverage

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.