Hyundai Veloster Insurance Rates

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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.

The average auto insurance rates for a Hyundai Veloster are $1,298 annually for full coverage. Comprehensive costs on average $260 a year, collision insurance costs $424, and liability costs $456. Buying just liability costs as little as $508 a year, and insurance for high-risk drivers costs around $2,800. 16-year-old drivers cost the most to insure at up to $4,950 a year.

Average premium for full coverage: $1,298

Policy rates by type of insurance:

Comprehensive $260
Collision $424
Liability $456

Price estimates include $500 deductible amounts, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and Veloster trim levels.

Price Range Variability

For an average driver, Hyundai Veloster insurance rates range from as cheap as $508 for just the minimum liability insurance to a high of $2,800 for a driver required to buy high-risk insurance.

Liability Only $508
Full Coverage $1,298
High Risk $2,800

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. Rural areas are shown to have fewer accident claims than congested cities. The diagram below illustrates the effect of geographic area on car insurance rates.

Rural Areas $974
Small Cities $1,363
Large Cities $1,752

The examples above show why it is important to compare rates based on a specific location and their own personal driving habits, instead of making a decision based on rate averages.

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 shows average Hyundai Veloster insurance rates for different risk profiles and scenarios.

  • The best full coverage rate is $759
  • Drivers who choose higher $1,000 deductibles will pay around $1,142 a year
  • The estimated rate for a good driver age 40 with $500 deductibles is $1,298
  • Buying low $100 deductibles for comprehensive and collision insurance will cost $1,596
  • Drivers with multiple tickets or accidents could pay upwards of $2,800
  • Policy cost with full coverage for a 16-year-old driver may cost $4,950 a year

View Chart as Image

Hyundai Veloster insurance cost comparison chart
Column chart showing Hyundai Veloster insurance rates range from $759 to $4,950 for full coverage

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

Older drivers with a clean driving record and high physical damage deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay upwards of $4,900 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at a minimum $1,500 to $2,100 extra every year, depending on your age. A high-risk auto insurance policy can cost from 42% to 129% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $460 annually, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Hyundai Veloster insurance prices. A 40-year-old driver could pay as low as $860 a year in states like Idaho, Maine, and Iowa, or at least $1,850 on average in Michigan, Louisiana, and New York.

Hyundai Veloster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,172 -$126 -9.7%
Alaska $996 -$302 -23.3%
Arizona $1,078 -$220 -16.9%
Arkansas $1,298 -$0 0.0%
California $1,478 $180 13.9%
Colorado $1,240 -$58 -4.5%
Connecticut $1,332 $34 2.6%
Delaware $1,468 $170 13.1%
Florida $1,622 $324 25.0%
Georgia $1,196 -$102 -7.9%
Hawaii $932 -$366 -28.2%
Idaho $876 -$422 -32.5%
Illinois $968 -$330 -25.4%
Indiana $978 -$320 -24.7%
Iowa $876 -$422 -32.5%
Kansas $1,232 -$66 -5.1%
Kentucky $1,770 $472 36.4%
Louisiana $1,918 $620 47.8%
Maine $802 -$496 -38.2%
Maryland $1,070 -$228 -17.6%
Massachusetts $1,038 -$260 -20.0%
Michigan $2,256 $958 73.8%
Minnesota $1,086 -$212 -16.3%
Mississippi $1,554 $256 19.7%
Missouri $1,150 -$148 -11.4%
Montana $1,394 $96 7.4%
Nebraska $1,022 -$276 -21.3%
Nevada $1,556 $258 19.9%
New Hampshire $936 -$362 -27.9%
New Jersey $1,448 $150 11.6%
New Mexico $1,148 -$150 -11.6%
New York $1,368 $70 5.4%
North Carolina $748 -$550 -42.4%
North Dakota $1,060 -$238 -18.3%
Ohio $896 -$402 -31.0%
Oklahoma $1,332 $34 2.6%
Oregon $1,188 -$110 -8.5%
Pennsylvania $1,238 -$60 -4.6%
Rhode Island $1,730 $432 33.3%
South Carolina $1,176 -$122 -9.4%
South Dakota $1,096 -$202 -15.6%
Tennessee $1,136 -$162 -12.5%
Texas $1,562 $264 20.3%
Utah $962 -$336 -25.9%
Vermont $890 -$408 -31.4%
Virginia $778 -$520 -40.1%
Washington $1,002 -$296 -22.8%
West Virginia $1,188 -$110 -8.5%
Wisconsin $898 -$400 -30.8%
Wyoming $1,156 -$142 -10.9%

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 $298 $502 $430 $1,388
2021 Hyundai Veloster $282 $484 $442 $1,366
2020 Hyundai Veloster $270 $450 $452 $1,330
2019 Hyundai Veloster $260 $424 $456 $1,298
2018 Hyundai Veloster $248 $380 $460 $1,246
2017 Hyundai Veloster $232 $350 $460 $1,200
2016 Hyundai Veloster $224 $328 $464 $1,174
2015 Hyundai Veloster $220 $306 $474 $1,158
2014 Hyundai Veloster $202 $284 $474 $1,118
2013 Hyundai Veloster $198 $258 $478 $1,092
2012 Hyundai Veloster $184 $236 $474 $1,052

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 Cheaper Hyundai Veloster Insurance

Finding cheaper rates on insurance for a Hyundai Veloster not only requires having a good driving record, but also having a good credit history, avoid buying unnecessary coverage, and determing if full coverage is necessary. Take the time to compare rates at every policy renewal by getting price quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local insurance agents.

The next list is a condensed summary of the data covered in the above illustrations.

  • Insureds who require increased levels of liability coverage will pay around $500 each year to go from a 30/60 limit to higher 250/500 limits
  • Drivers can save as much as $150 per year just by quoting early and online
  • Increasing comprehensive and collision deductibles could save up to $450 each year
  • Drivers age 20 and younger pay the highest rates, costing up to $413 each month including comprehensive and collision insurance

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 $4,950
20 $2,980
30 $1,342
40 $1,298
50 $1,186
60 $1,164

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Veloster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,596
$250 $1,458
$500 $1,298
$1,000 $1,142

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Veloster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,298
50/100 $1,389
100/300 $1,503
250/500 $1,800
100 CSL $1,435
300 CSL $1,686
500 CSL $1,868

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Veloster Insurance Rates for High Risk Drivers
Age Premium
16 $7,036
20 $4,746
30 $2,848
40 $2,800
50 $2,676
60 $2,652

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 $179

Potential Rate Discounts

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

Discount Savings
Multi-policy $68
Multi-vehicle $69
Homeowner $21
5-yr Accident Free $90
5-yr Claim Free $83
Paid in Full/EFT $55
Advance Quote $62
Online Quote $91
Total Discounts $539
Rate after discounts $759

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

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