Hyundai Veloster Insurance Rates

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.

Average insurance rates for a Hyundai Veloster are $1,330 a year for full coverage insurance. Comprehensive insurance costs an estimated $270 each year, collision insurance costs $450, and liability costs $452. A policy with just liability insurance costs as little as $504 a year, and coverage for high-risk drivers costs $2,872 or more. Teenage drivers receive the highest rates at up to $5,048 a year.

Average premium for full coverage: $1,330

Rate estimates broken down by individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and Veloster models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than densely populated cities. The graphic below illustrates the effect of geographic area on insurance prices.

These examples illustrate why all drivers should compare rates for a targeted area and risk profile, instead of using average rates.

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

Rates by State, City, and Model

The chart below illustrates average Hyundai Veloster insurance rates for other coverage scenarios.

• The best discount rate is $773
• Drivers who choose higher $1,000 deductibles will pay approximately $164 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,330
• Using low deductibles for comprehensive and collision insurance will cost an extra $316 every year
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,872
• The cost for full coverage for a teen driver can cost as much as $5,048 a year

View Chart as Image

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

More mature drivers with no violations or accidents and high deductibles may pay as little as $1,200 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $5,000 a year. View Rates by Age

Where you live makes a big difference in Hyundai Veloster insurance prices. A 40-year-old driver could pay as low as $870 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,800 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $480 every year, whereas increasing liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $407 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,600 to $2,200 additional per year, depending on your age. Insurance for high-risk drivers can cost as much as 44% to 134% more than a normal policy. View High Risk Driver Rates

How to Find the Best Cheap Hyundai Veloster Insurance

Saving money on car insurance not only requires avoiding accidents and violations, but also having a good credit history, avoid buying unnecessary coverage, and possibly raising deductibles. Take the time to compare rates every year by getting quotes from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

The list below is a quick review of the coverage data covered in the above illustrations.

• It is possible to save approximately $160 per year just by quoting online in advance
• Increasing deductibles can save around $475 each year
• Teenagers are expensive to insure, costing up to $421 per month including comprehensive and collision insurance
• Higher risk drivers with a DUI or reckless driving violation pay on average $1,540 more annually for car 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. 

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:

• Honda Civic
• Subaru BRZ
• Volkswagen Beetle

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.