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.

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

Average premium for full coverage: $1,348

Premium estimates broken down by type of coverage:

Prices include $500 policy deductibles, liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates include averaging for all states and Elantra trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on insurance rates. More rural locations are statistically proven to have fewer accident claims than larger metro areas. The diagram below illustrates how location impacts insurance prices.

These rate differences show why it is important to get quotes for a targeted area and their own personal driving habits, rather than using price averages.

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

Additional Rate Details

The chart below shows average Hyundai Elantra insurance rates for other coverage scenarios.

• The lowest rate with discounts is $770
• Choosing higher $1,000 deductibles can save approximately $1,170 a year
• The estimated rate for a 40-year-old good driver who has $500 deductibles is $1,348
• Choosing low $100 deductibles for comp and collision coverage will cost $1,702
• Drivers with multiple violations and an at-fault accident could pay up to $2,942
• An auto insurance policy with full coverage for a teenage driver can cost as much as $5,118 each year

View Chart as Image

Insurance prices for a Hyundai Elantra also have a wide range based on the model of your Elantra, your driver profile, and liability limits and deductibles.

Older drivers with no violations or accidents and high physical damage deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they should be prepared to pay at least $5,100 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying $1,600 to $2,200 additional annually, depending on your age. A high-risk auto insurance policy ranges around 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $540 a year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $304 more each year. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Hyundai Elantra insurance rates. A good driver about age 40 could pay as low as $890 a year in states like Iowa, Maine, and Idaho, or as much as $1,930 on average in New York, Louisiana, and Michigan.

View Chart as Image

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 Buy the Right Hyundai Elantra Insurance

Finding better rates on auto insurance takes being safe and accident-free, having good credit, not filing small claims, and possibly raising deductibles. Spend time shopping around once a year by requesting rates from direct carriers, and also from local exclusive and independent agents.

Below you'll find a quick rundown of the data that was touched on above.

• Drivers can save approximately $160 per year just by quoting early and online
• Consumers who want more liability protection will pay about $440 each year to raise limits from 30/60 bodily injury limits to higher 250/500 limits
• Youthful drivers are expensive to insure, as much as $427 per month if they have full coverage
• Drivers with reckless driving or DUI convictions may pay on average $1,590 more annually than a low-risk driver

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