Hyundai Veloster Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

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.

U.S. average auto insurance rates for a Hyundai Veloster are $1,330 annually for full coverage. Comprehensive insurance costs on average $270 each year, collision costs $450, and liability costs around $452. Buying just liability costs as low as $504 a year, with insurance for high-risk drivers costing $2,872 or more. Teen drivers pay the highest rates at $5,048 a year or more.

Average premium for full coverage: $1,330

Price estimates by individual coverage:

Comprehensive $270
Collision $450
Liability $452

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

Price Range from Low to High

Using a 40-year-old driver as an example, Hyundai Veloster insurance prices go from as cheap as $504 for just liability insurance to a high rate of $2,872 for a high-risk insurance policy.

Liability Only $504
Full Coverage $1,330
High Risk $2,872

Geographic Price Range

Where you live can make a big difference on car insurance rates. Rural areas have fewer accident claims than larger metro areas.

The graphic below illustrates how rural and urban location affects car insurance rates.

Rural Areas $998
Small Cities $1,397
Large Cities $1,796

The ranges above show why all drivers should compare prices based on a specific location and their own personal driving habits, 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.

More Rate Details

The chart below shows estimated Hyundai Veloster insurance rates for different risk profiles and scenarios.

  • The lowest rate with discounts is $773
  • Using higher $1,000 deductibles will save around $164 a year
  • The estimated rate for the average middle-age driver with $500 deductibles is $1,330
  • Choosing low deductibles for physical damage coverage costs an additional $316 annually
  • High-risk insureds with multiple violations and an at-fault accident could pay upwards of $2,872 or more
  • The price with full coverage for a 16-year-old driver may cost $5,048 or more

View Chart as Image

Hyundai Veloster insurance cost comparison chart
Column chart showing full coverage Hyundai Veloster insurance prices range from $773 to $5,048

Insurance prices for a Hyundai Veloster are also quite variable based on the trim level and model year, your driver profile, and policy deductibles and limits.

More mature drivers with no violations or accidents and high physical damage deductibles may pay as low as $1,200 a year for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they should be prepared to pay upwards of $5,000 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you could be paying at a minimum $1,600 to $2,200 additional each year, depending on your age. Insurance for high-risk drivers can be from 44% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could cut prices by as much as $480 annually, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $407 more each year. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Hyundai Veloster insurance prices. A driver around age 40 might see prices as low as $880 a year in states like Idaho, Maine, and Iowa, or as much as $1,900 on average in Michigan, Louisiana, and New York.

Hyundai Veloster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,202 -$128 -9.6%
Alaska $1,020 -$310 -23.3%
Arizona $1,102 -$228 -17.1%
Arkansas $1,330 -$0 0.0%
California $1,514 $184 13.8%
Colorado $1,270 -$60 -4.5%
Connecticut $1,368 $38 2.9%
Delaware $1,504 $174 13.1%
Florida $1,664 $334 25.1%
Georgia $1,228 -$102 -7.7%
Hawaii $954 -$376 -28.3%
Idaho $900 -$430 -32.3%
Illinois $990 -$340 -25.6%
Indiana $1,000 -$330 -24.8%
Iowa $896 -$434 -32.6%
Kansas $1,262 -$68 -5.1%
Kentucky $1,816 $486 36.5%
Louisiana $1,968 $638 48.0%
Maine $820 -$510 -38.3%
Maryland $1,096 -$234 -17.6%
Massachusetts $1,064 -$266 -20.0%
Michigan $2,310 $980 73.7%
Minnesota $1,112 -$218 -16.4%
Mississippi $1,592 $262 19.7%
Missouri $1,178 -$152 -11.4%
Montana $1,426 $96 7.2%
Nebraska $1,050 -$280 -21.1%
Nevada $1,594 $264 19.8%
New Hampshire $958 -$372 -28.0%
New Jersey $1,486 $156 11.7%
New Mexico $1,178 -$152 -11.4%
New York $1,400 $70 5.3%
North Carolina $766 -$564 -42.4%
North Dakota $1,090 -$240 -18.0%
Ohio $918 -$412 -31.0%
Oklahoma $1,366 $36 2.7%
Oregon $1,218 -$112 -8.4%
Pennsylvania $1,268 -$62 -4.7%
Rhode Island $1,774 $444 33.4%
South Carolina $1,206 -$124 -9.3%
South Dakota $1,122 -$208 -15.6%
Tennessee $1,164 -$166 -12.5%
Texas $1,604 $274 20.6%
Utah $984 -$346 -26.0%
Vermont $910 -$420 -31.6%
Virginia $796 -$534 -40.2%
Washington $1,026 -$304 -22.9%
West Virginia $1,218 -$112 -8.4%
Wisconsin $922 -$408 -30.7%
Wyoming $1,184 -$146 -11.0%

View Chart as Image

Hyundai Veloster insurance rates by U.S. city

Since prices can be so different, the only way to know exactly what you will pay is to do a rate comparison from multiple companies. Each insurance company uses a different rate calculation, and prices may be quite different between companies.

Hyundai Veloster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Veloster $308 $524 $416 $1,406
2021 Hyundai Veloster $298 $502 $430 $1,388
2020 Hyundai Veloster $282 $484 $442 $1,366
2019 Hyundai Veloster $270 $450 $452 $1,330
2018 Hyundai Veloster $260 $424 $456 $1,298
2017 Hyundai Veloster $248 $380 $460 $1,246
2016 Hyundai Veloster $232 $350 $460 $1,200
2015 Hyundai Veloster $224 $328 $464 $1,174
2014 Hyundai Veloster $220 $306 $474 $1,158
2013 Hyundai Veloster $202 $284 $474 $1,118
2012 Hyundai Veloster $198 $258 $478 $1,092

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 Buy the Best Cheap Hyundai Veloster Insurance

Getting lower rates on insurance for a Hyundai Veloster requires not taking risks behind the wheel, having good credit, eliminating unnecessary coverage, and insuring your home and auto with the same company. Set aside time to shop around at least every other year by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following is a quick review of the car insurance concepts raised in the charts and tables above.

  • Drivers considered higher risk with a DUI or reckless driving violation may be required to pay an average of $1,540 more each year for Veloster insurance
  • Drivers can save as much as $160 per year simply by quoting online in advance
  • Increasing physical damage deductibles could save up to $475 each year
  • Insureds who require higher liability limits will pay about $500 each year to increase from a low limit to higher 250/500 limits

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 $5,048
20 $3,056
30 $1,378
40 $1,330
50 $1,216
60 $1,192

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Veloster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,646
$250 $1,500
$500 $1,330
$1,000 $1,166

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Veloster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,330
50/100 $1,420
100/300 $1,533
250/500 $1,827
100 CSL $1,466
300 CSL $1,714
500 CSL $1,895

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Veloster Insurance Rates for High Risk Drivers
Age Premium
16 $7,182
20 $4,866
30 $2,926
40 $2,872
50 $2,744
60 $2,718

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 $184

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $70
Multi-vehicle $70
Homeowner $21
5-yr Accident Free $94
5-yr Claim Free $86
Paid in Full/EFT $58
Advance Quote $64
Online Quote $94
Total Discounts $557
Rate after discounts $773

Discounts are estimated and may not be available from every company or in every state.

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