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: Jun 6, 2023

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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 insurance rates for a Hyundai Veloster are $1,298 a year with full coverage. Comprehensive insurance costs approximately $260 each year, collision insurance costs $424, and liability is estimated at $456. A liability-only policy costs approximately $508 a year, and high-risk insurance costs $2,800 or more. Teen drivers cost the most to insure at up to $4,950 a year.

Average premium for full coverage: $1,298

Policy rates by type of insurance:

Comprehensive $260
Collision $424
Liability $456

Prices are based on $500 physical damage insurance deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and Veloster models.

Price Range Variability

For a driver around age 40, Hyundai Veloster insurance rates range from as low as $508 for basic liability insurance to a high rate of $2,800 for a high-risk insurance policy.

Liability Only $508
Full Coverage $1,298
High Risk $2,800

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than larger metro areas. The graphic below illustrates the difference between rural and urban areas on auto insurance prices.

Rural Areas $974
Small Cities $1,363
Large Cities $1,752

The examples above demonstrate why all drivers should get quotes using their specific location and risk profile, 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.

Rate Comparisons

The chart below details average Hyundai Veloster insurance rates for additional coverage and risk scenarios.

  • The lowest rate with discounts is $759
  • Choosing higher $1,000 deductibles can save $156 annually
  • The average rate for a good driver age 40 who chooses $500 deductibles is $1,298
  • Choosing low deductibles for comp and collision coverage will cost an extra $298 annually
  • Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,800
  • Policy cost for full coverage for a 16-year-old driver can cost $4,950 each year

View Chart as Image

Hyundai Veloster insurance cost comparison chart
Column chart showing Hyundai Veloster insurance prices range from $759 to $4,950 for full coverage

Car insurance rates for a Hyundai Veloster also range considerably based on your risk profile, the trim level and model year, and physical damage deductibles and liability limits.

More mature drivers with no driving violations and high deductibles may pay as low as $1,200 annually on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged in the ballpark of $4,900 a year. View Rates by Age

Your home state plays a big part in determining prices for Hyundai Veloster insurance prices. A good driver about age 40 could pay as low as $940 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,750 on average in New York, Michigan, and Florida.

Hyundai Veloster Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,172 -$126 -9.7%
Alaska $996 -$302 -23.3%
Arizona $1,078 -$220 -16.9%
Arkansas $1,298 -$0 0.0%
California $1,478 $180 13.9%
Colorado $1,240 -$58 -4.5%
Connecticut $1,332 $34 2.6%
Delaware $1,468 $170 13.1%
Florida $1,622 $324 25.0%
Georgia $1,196 -$102 -7.9%
Hawaii $932 -$366 -28.2%
Idaho $876 -$422 -32.5%
Illinois $968 -$330 -25.4%
Indiana $978 -$320 -24.7%
Iowa $876 -$422 -32.5%
Kansas $1,232 -$66 -5.1%
Kentucky $1,770 $472 36.4%
Louisiana $1,918 $620 47.8%
Maine $802 -$496 -38.2%
Maryland $1,070 -$228 -17.6%
Massachusetts $1,038 -$260 -20.0%
Michigan $2,256 $958 73.8%
Minnesota $1,086 -$212 -16.3%
Mississippi $1,554 $256 19.7%
Missouri $1,150 -$148 -11.4%
Montana $1,394 $96 7.4%
Nebraska $1,022 -$276 -21.3%
Nevada $1,556 $258 19.9%
New Hampshire $936 -$362 -27.9%
New Jersey $1,448 $150 11.6%
New Mexico $1,148 -$150 -11.6%
New York $1,368 $70 5.4%
North Carolina $748 -$550 -42.4%
North Dakota $1,060 -$238 -18.3%
Ohio $896 -$402 -31.0%
Oklahoma $1,332 $34 2.6%
Oregon $1,188 -$110 -8.5%
Pennsylvania $1,238 -$60 -4.6%
Rhode Island $1,730 $432 33.3%
South Carolina $1,176 -$122 -9.4%
South Dakota $1,096 -$202 -15.6%
Tennessee $1,136 -$162 -12.5%
Texas $1,562 $264 20.3%
Utah $962 -$336 -25.9%
Vermont $890 -$408 -31.4%
Virginia $778 -$520 -40.1%
Washington $1,002 -$296 -22.8%
West Virginia $1,188 -$110 -8.5%
Wisconsin $898 -$400 -30.8%
Wyoming $1,156 -$142 -10.9%

View Chart as Image

Hyundai Veloster insurance rates by U.S. city

Choosing high deductibles can save as much as $460 annually, whereas increasing liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $411 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out anywhere from $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers ranges from 42% to 129% more than average. View High Risk Driver Rates

Hyundai Veloster Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
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 Find Affordable Hyundai Veloster Insurance

Finding cheaper rates on insurance for a Hyundai Veloster takes being a low-risk driver, having above-average credit, not filing small claims, and attention to physical damage deductibles. Set aside time to compare rates at least every other year by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The items below are a brief review of the car insurance concepts covered above.

  • Drivers considered higher risk with DUI or reckless driving convictions pay on average $1,500 more per year to insure their Veloster
  • You may be able to save around $150 per year just by quoting online in advance
  • Increasing comprehensive and collision deductibles can save around $450 each year
  • Insureds who purchase more liability coverage will pay about $500 every year to raise limits from a 30/60 limit to 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 $4,950
20 $2,980
30 $1,342
40 $1,298
50 $1,186
60 $1,164

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Veloster Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,596
$250 $1,458
$500 $1,298
$1,000 $1,142

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Veloster Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,298
50/100 $1,389
100/300 $1,503
250/500 $1,800
100 CSL $1,435
300 CSL $1,686
500 CSL $1,868

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Veloster Insurance Rates for High Risk Drivers
Age Premium
16 $7,036
20 $4,746
30 $2,848
40 $2,800
50 $2,676
60 $2,652

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 $179

Potential Rate Discounts

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

Discount Savings
Multi-policy $68
Multi-vehicle $69
Homeowner $21
5-yr Accident Free $90
5-yr Claim Free $83
Paid in Full/EFT $55
Advance Quote $62
Online Quote $91
Total Discounts $539
Rate after discounts $759

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

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