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.

Estimated insurance prices for a Hyundai Veloster are $1,298 every 12 months for full coverage. Comprehensive costs an estimated $260 a year, collision costs $424, and liability is $456. A liability-only policy costs around $508 a year, with high-risk insurance costing around $2,800. Teen drivers pay the most at $4,950 a year or more.

Average premium for full coverage: $1,298

Premium estimates broken down by type of coverage:

Comprehensive $260
Collision $424
Liability $456

Full coverage includes $500 policy deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all states and Veloster trim levels.

Insurance Price Range by Risk and Coverage

Using a 40-year-old driver as an example, insurance rates for a Hyundai Veloster go from the cheapest price of $508 for a discount liability-only rate to a high of $2,800 for a driver that may need high-risk insurance.

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

Insurance Price Range by Location

Choosing to live in a large city can make a big difference on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than larger metro areas.

The diagram below illustrates how rural and urban location affects insurance prices.

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

These rate differences show why it is important to compare rates quotes for a targeted area and their own driving history, instead of making a decision based on price 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.

Rates by State, City, and Model

The chart below shows estimated Hyundai Veloster insurance rates for other coverage scenarios.

  • The lowest rate with discounts is $759
  • Raising to $1,000 deductibles will save approximately $1,142 a year
  • The average price for a 40-year-old good driver who has $500 deductibles is $1,298
  • Choosing low $100 deductibles increases the price to $1,596
  • Drivers with multiple violations and an at-fault accident could pay up to $2,800 or more
  • An auto insurance policy to insure a 16-year-old driver can cost as much as $4,950

View Chart as Image

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

Auto insurance prices for a Hyundai Veloster also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model year and trim level.

Choosing high deductibles can reduce prices by up to $460 annually, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $411 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as low as $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will have to pay at least $4,900 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying $1,500 to $2,100 in extra premium annually, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 129% more than average. View High Risk Driver Rates

Where you choose to live also has a big influence on Hyundai Veloster insurance prices. A middle-age driver might find prices as low as $860 a year in states like Iowa, Maine, and Idaho, or as much as $1,850 on average in New York, Louisiana, and Michigan.

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

With such a large range in prices, the only way to know which insurance company is cheapest is to get quotes from multiple companies. Every auto insurance company uses a different rate calculation, and quoted prices will be substantially different.

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 Shop for More Affordable Hyundai Veloster Insurance

Finding better rates on insurance for a Hyundai Veloster consists of being a good driver, having a good credit score, not filing small claims, and qualifying for all possible discounts. Set aside time to shop around once a year by getting quotes from direct carriers, and also from several local insurance agents.

The following list is a summary of the data that was raised in the charts and tables above.

  • Drivers can save approximately $150 per year simply by quoting early and online
  • Insureds who want an increased level of liability coverage will pay about $500 each year to raise from 30/60 bodily injury limits to a 250/500 level
  • Drivers age 16 to 20 are the costliest to insure, as much as $413 per month if comprehensive and collision insurance is included
  • Drivers considered higher risk who have multiple accidents or major violations pay on average $1,500 more annually than a safer driver

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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