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.

The average auto insurance rates for a Hyundai Veloster are $1,366 annually including full coverage. Comprehensive costs approximately $282 each year, collision costs $484, and liability costs $442. Liability-only coverage costs as little as $496 a year, with high-risk coverage costing around $2,956. 16-year-old drivers cost the most to insure at $5,160 a year or more.

Average premium for full coverage: $1,366

Policy rates by type of insurance:

Comprehensive $282
Collision $484
Liability $442

Rate estimates include $500 policy deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Veloster models.

Price Range Variability

For the average driver, Hyundai Veloster insurance rates go from as cheap as $496 for liability-only coverage to a high rate of $2,956 for a high-risk driver policy.

Liability Only $496
Full Coverage $1,366
High Risk $2,956

Urban vs. Rural Price Range

Your location can have significant affects on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than congested cities.

The graphic below illustrates how location impacts auto insurance prices.

Rural Areas $1,025
Small Cities $1,434
Large Cities $1,844

The examples above highlight why all drivers should compare rates using their specific location and their own personal driving habits, instead of using rate 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.

Additional Charts and Tables

The chart below breaks down estimated Hyundai Veloster insurance rates for additional coverage and risk scenarios.

  • The best full coverage rate is $792
  • Drivers who choose higher $1,000 deductibles will pay $174 every year
  • The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,366
  • Buying low deductibles for comprehensive and collision insurance will cost $1,702
  • Higher-risk drivers with multiple tickets or accidents could pay around $2,956 or more
  • Policy cost with full coverage for a teen driver can cost $5,160 a year

View Chart as Image

Hyundai Veloster insurance cost comparison chart
Column chart showing full coverage Hyundai Veloster insurance rates range from $792 to $5,160

Insurance rates for a Hyundai Veloster also range considerably based on the model year and trim level, your driving characteristics, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high physical damage deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they should be prepared to pay in the ballpark of $5,100 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying anywhere from $1,600 to $2,200 additional every year, depending on your age. Insurance for high-risk drivers can cost as much as 43% to 131% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $510 every year, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $398 more each year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Hyundai Veloster insurance prices. A 40-year-old driver could pay as low as $1,050 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,950 on average in Louisiana, New York, and Michigan.

Hyundai Veloster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,236 -$130 -9.5%
Alaska $1,050 -$316 -23.1%
Arizona $1,136 -$230 -16.8%
Arkansas $1,366 -$0 0.0%
California $1,556 $190 13.9%
Colorado $1,304 -$62 -4.5%
Connecticut $1,406 $40 2.9%
Delaware $1,546 $180 13.2%
Florida $1,710 $344 25.2%
Georgia $1,262 -$104 -7.6%
Hawaii $982 -$384 -28.1%
Idaho $924 -$442 -32.4%
Illinois $1,018 -$348 -25.5%
Indiana $1,030 -$336 -24.6%
Iowa $922 -$444 -32.5%
Kansas $1,300 -$66 -4.8%
Kentucky $1,864 $498 36.5%
Louisiana $2,024 $658 48.2%
Maine $842 -$524 -38.4%
Maryland $1,128 -$238 -17.4%
Massachusetts $1,094 -$272 -19.9%
Michigan $2,374 $1,008 73.8%
Minnesota $1,144 -$222 -16.3%
Mississippi $1,636 $270 19.8%
Missouri $1,212 -$154 -11.3%
Montana $1,468 $102 7.5%
Nebraska $1,078 -$288 -21.1%
Nevada $1,638 $272 19.9%
New Hampshire $984 -$382 -28.0%
New Jersey $1,528 $162 11.9%
New Mexico $1,210 -$156 -11.4%
New York $1,440 $74 5.4%
North Carolina $786 -$580 -42.5%
North Dakota $1,118 -$248 -18.2%
Ohio $944 -$422 -30.9%
Oklahoma $1,402 $36 2.6%
Oregon $1,252 -$114 -8.3%
Pennsylvania $1,304 -$62 -4.5%
Rhode Island $1,824 $458 33.5%
South Carolina $1,236 -$130 -9.5%
South Dakota $1,154 -$212 -15.5%
Tennessee $1,198 -$168 -12.3%
Texas $1,646 $280 20.5%
Utah $1,012 -$354 -25.9%
Vermont $934 -$432 -31.6%
Virginia $818 -$548 -40.1%
Washington $1,058 -$308 -22.5%
West Virginia $1,252 -$114 -8.3%
Wisconsin $946 -$420 -30.7%
Wyoming $1,218 -$148 -10.8%

View Chart as Image

Hyundai Veloster insurance rates by U.S. city

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison and see which company has the best rate. Every company utilizes a different rate formula, and rates will be varied between companies.

Hyundai Veloster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Veloster $320 $536 $398 $1,412
2021 Hyundai Veloster $308 $524 $416 $1,406
2020 Hyundai Veloster $298 $502 $430 $1,388
2019 Hyundai Veloster $282 $484 $442 $1,366
2018 Hyundai Veloster $270 $450 $452 $1,330
2017 Hyundai Veloster $260 $424 $456 $1,298
2016 Hyundai Veloster $248 $380 $460 $1,246
2015 Hyundai Veloster $232 $350 $460 $1,200
2014 Hyundai Veloster $224 $328 $464 $1,174
2013 Hyundai Veloster $220 $306 $474 $1,158
2012 Hyundai Veloster $202 $284 $474 $1,118

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 Hyundai Veloster Insurance

Finding cheaper rates on car insurance not only requires being safe and accident-free, but also having good credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Spend time shopping around every time your policy renews by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

Below you'll find a brief recap of the information touched on above.

  • You may be able to save around $160 per year simply by quoting online in advance
  • Youthful drivers are the costliest to insure, with premiums being up to $430 each month if they have full coverage
  • Increasing comprehensive and collision deductibles could save up to $500 each year
  • Higher risk drivers who tend to receive serious violations may have to pay on average $1,590 more per year than a low-risk driver
  • Policyholders who purchase more liability protection will pay around $490 per year to go from a 30/60 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 $5,160
20 $3,146
30 $1,420
40 $1,366
50 $1,250
60 $1,224

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Veloster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,702
$250 $1,546
$500 $1,366
$1,000 $1,192

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Veloster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,366
50/100 $1,454
100/300 $1,565
250/500 $1,852
100 CSL $1,499
300 CSL $1,742
500 CSL $1,919

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Veloster Insurance Rates for High Risk Drivers
Age Premium
16 $7,348
20 $5,012
30 $3,014
40 $2,956
50 $2,822
60 $2,796

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 $190

Potential Rate Discounts

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

Discount Savings
Multi-policy $72
Multi-vehicle $72
Homeowner $21
5-yr Accident Free $98
5-yr Claim Free $88
Paid in Full/EFT $60
Advance Quote $66
Online Quote $97
Total Discounts $574
Rate after discounts $792

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

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