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 $1,298 a year for full coverage. Comprehensive insurance costs approximately $260, collision costs $424, and liability costs around $456. Buying just liability costs as low as $508 a year, with insurance for high-risk drivers costing $2,800 or more. Teenage drivers cost the most to insure at $4,950 a year or more.

Average premium for full coverage: $1,298

Policy rates by type of insurance:

Price estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for all Veloster models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance rates. Rural locations are shown to have a lower frequency of accident claims than densely populated cities.

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

The examples above show why everyone should compare prices using their specific location and risk profile, instead of using average rates.

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

Additional Rate Analysis

The chart below shows estimated Hyundai Veloster insurance rates for additional coverage and risk scenarios.

• The best discount rate is $759
• Using higher $1,000 deductibles will save $156 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,298
• Using pricier low deductibles for physical damage coverage will cost an extra $298 every year
• Drivers who are prone to accidents and violations could pay around $2,800 or more
• Policy cost for full coverage for a teen driver for full coverage can cost $4,950 or more

View Chart as Image

Insurance rates for a Hyundai Veloster also range considerably based on your risk profile, the trim level of your Veloster, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high deductibles may pay as little as $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay in the ballpark of $4,900 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 $860 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,850 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $460 every year, whereas buying more liability protection will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying anywhere from $1,500 to $2,100 extra every year, depending on your age. Hyundai Veloster insurance for high-risk drivers can be as much as 42% to 129% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to regularly compare rates and see which company has the best rate. Each insurance company uses a different method to calculate rates, so the rates will be varied from one company to the next.

How to Find Cheaper Hyundai Veloster Insurance

Finding cheaper rates on car insurance requires having a decent driving record, maintaining good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to shop around every year by requesting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following items are a condensed summary of the coverage data illustrated above.

• Drivers can save around $150 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $450 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $413 each month for full coverage
• Higher risk drivers with multiple at-fault accidents may pay on average $1,500 more per year than a driver with a clean driving record

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.