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.

Average insurance rates for a Hyundai Elantra are $1,346 a year with full coverage. Comprehensive insurance costs an estimated $248, collision costs $524, and liability is estimated at $416. Liability-only coverage costs approximately $474 a year, with high-risk coverage costing $2,938 or more. Teen drivers receive the highest rates at $5,136 a year or more.

Average premium for full coverage: $1,346

Rate estimates broken down by individual coverage type:

Rates are based on $500 policy deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all U.S. states and for all Elantra models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on car insurance rates. More rural locations tend to have lower incidents of collision claims than larger metro areas.

The example below illustrates how location helps determine insurance prices.

These examples demonstrate why everyone should get quotes for a targeted area, instead of using price averages.

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

Additional Rate Analysis

The chart below details estimated Hyundai Elantra insurance rates for other coverage scenarios.

• The lowest rate with discounts is $769
• Choosing higher $1,000 deductibles can save approximately $176 annually
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,346
• Choosing pricier low deductibles for comp and collision coverage will cost an additional $342 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,938 or more
• The cost that insures a teen driver for full coverage can cost as much as $5,136 each year

View Chart as Image

Car insurance rates for a Hyundai Elantra can also vary considerably based on the model of your Elantra, your age and driving habits, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you may be forking out $1,600 to $2,200 extra per year, depending on your age. Hyundai Elantra insurance for high-risk drivers ranges as much as 43% to 132% more than average. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,300 annually on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged at least $5,100 a year. View Rates by Age

Where you live plays a big part in determining prices for Hyundai Elantra insurance prices. A good driver about age 40 could pay as low as $970 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,820 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing high deductibles can save as much as $520 every year, whereas buying more liability protection will increase premiums. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $318 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to find out which company is cheapest is to regularly compare rates and see which company has the best rate. Each auto insurer uses a different rate calculation, so rate quotes can be significantly different.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 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 Find the Best Cheap Hyundai Elantra Insurance

Saving money on car insurance takes avoiding accidents and claims, having a positive credit history, eliminating unnecessary coverage, and not having any coverage lapses. Shop around at least every other year by getting rate quotes from direct companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The points below are a quick review of the car insurance concepts covered in the charts and tables above.

• Higher risk drivers with a DUI or reckless driving violation could be forced to pay on average $1,590 more annually to insure a Hyundai Elantra
• You may be able to save approximately $160 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles can save approximately $525 each year
• Policyholders who want increased liability limits will pay about $460 every year to raise limits from a minimum limit to the 250/500 level

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.

Hyundai Elantra Crash Test Ratings

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.

Hyundai Elantra Insurance Loss Probability

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