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.

U.S. average insurance rates for a Hyundai Elantra are $1,348 a year for full coverage insurance. Comprehensive insurance costs around $256 a year, collision insurance costs $536, and liability is estimated at $398. Liability-only insurance costs approximately $460 a year, and high-risk driver insurance costs $2,942 or more. Teen drivers pay the highest rates at up to $5,118 a year.

Average premium for full coverage: $1,348

Price estimates for individual coverage:

Estimates include $500 deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 states and Elantra trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on car insurance rates. Areas with sparse population have lower incidents of physical damage claims than larger metro areas. The diagram below illustrates how where you live affects auto insurance rates.

The ranges above illustrate why it is important to get quotes for a specific zip code, instead of making a decision based on price averages.

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

Additional Rate Information

The chart below illustrates average Hyundai Elantra insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $770
• Choosing higher $1,000 deductibles can save about $1,170 each year
• The estimated price for the average middle-age driver using $500 deductibles is $1,348
• Choosing low $100 deductibles for comp and collision coverage will cost an additional $354 annually
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,942
• The price that insures a 16-year-old driver can be $5,118 each year

View Chart as Image

Car insurance prices for a Hyundai Elantra are also quite variable based on the trim level of your Elantra, your age and driving record, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you are probably paying at least $1,600 to $2,200 extra each year, depending on your age. A high-risk auto insurance policy ranges from 43% to 132% more than average. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,300 annually on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will be charged as much as $5,100 a year. View Rates by Age

The state you live in plays a big part in determining prices for Hyundai Elantra insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,820 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles can save as much as $540 annually, while buying higher liability limits will increase prices. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $304 extra every 12 months. View Rates by Deductible or Liability Limit

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 Low Cost Hyundai Elantra Insurance

Getting lower rates on insurance for a Hyundai Elantra takes not taking risks behind the wheel, having a positive credit history, not filing small claims, and consideration of higher deductibles. Shop around at every policy renewal by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The following is a review of the data touched on in the above illustrations.

• Insureds who may need higher liability limits will pay about $440 annually to raise limits from a low limit to the 250/500 level
• It is possible to save up to $160 per year just by quoting early and online
• Increasing physical damage deductibles can save approximately $525 each year
• Teens are the costliest to insure, as much as $427 a month if full coverage is purchased

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