For complete coverage, the national average for insurance is just under $100 per month. The Elantra costs a little bit more than usual. Owners of this import may anticipate paying a higher insurance premium, with an average monthly cost of over $140. As always, this could be more or lower based on the risk variables associated with the driver, such as driving history and neighborhood auto theft. The most important conclusion is that, in comparison to other cars in its class, the Elantra has a little higher insurance cost.
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Hyundai Elantra Insurance Cost Comparison by Model Year and Company
According to MoneyGeek’s analysis, the average annual insurance cost for a Hyundai Elantra is $1,282, which is significantly cheaper than the costs for high-end automobiles like Teslas and BMWs. Additionally, it costs less than the $1,428 national average for all car models. Make sure to compare prices to find the best deals because they can vary depending on your service provider and the model year of your automobile.
Reduced MSRPs Actually Reduce Insurance Rates
The prices for pricey vehicles tend to be pretty high because repairing expensive cars is very expensive. These vehicles typically cost little to cover because of their extremely low MSRPs. For instance, the MSRP for the Elantra begins at $15,345. Low starting MSRP of $19,745 for the Sonata. Last but not least, the Accent’s starting MSRP of $12,545 makes it easily affordable for almost any motorist. It’s simple to understand why people enjoy these cars.
Rates and comparisons for Hyundai Elantra insurance for 2022
How much does insurance for a Hyundai Elantra cost? To see how it compares to all other compact cars, we analyze average rates starting with the SE trim and moving up to the Hybrid Limited and N variants.
- For full coverage, the average Hyundai Elantra insurance is $1,720 annually, or $143 per month.
- The SEL trim level of the Elantra has the lowest estimated annual insurance cost at $1,512.
- The Elantra N has the highest annual insurance costs at $1,868.
- In comparison to other small cars, the Hyundai Elantra has one of the most expensive insurance rates for 2022, coming in at $151 more year on average.
- Depending on the policy deductibles and the age of the driver rated on the vehicle, dropping full coverage on an older Hyundai Elantra might result in annual savings of up to $496.
Zip Code for Driver
Your insurance costs will probably be greatly influenced by the city where you reside. In Los Angeles, California, for instance, if you want a full coverage policy for your Elantra, you’ll pay upwards of $2,300 annually (which is a good 90% higher than the national average). This is mostly caused by the greater accident and insurance payout rates in some cities. Drivers in the area will pay more for insurance as a result of this.
Age-Related Hyundai Elantra Insurance Costs
Depending on where you live, the cost of Hyundai Elantra auto insurance premiums may be either higher or lower. Because Michigan requires far higher coverage levels, rates there are higher. Providers are prohibited from changing rates based on credit in Massachusetts, California, and Hawaii. Additionally, the potential savings from a multi-vehicle strategy are not reflected in these numbers. These can result in significant financial savings for a household with many drivers. The breakdown of how these elements may impact the Hyundai Elantra by state is provided in the table below.
Rates for insurance for Hyundai Ionis
One of the most costly Hyundai cars to insure is the Ioniq, which has an average annual premium of $2,259 for a 30-year-old driver. However, Ioniq insurance premiums range greatly by model year; for example, there is a $497 annual premium difference between insuring a 2017 model and a 2021 model.
The price of insurance for a Hyundai Ioniq is significantly influenced by the driver’s age. A 30-year-old motorist pays nearly three times as much on average for the same coverage that an 18-year-old driver does.
Regardless of age, Farm Bureau offers the most cheap rates for Hyundai Ioniq drivers. A full-coverage policy will typically cost $1,294 for a motorist 30 years old and $2,137 for a driver 18 years old. The highest rates are seen nationwide; young drivers spend $16,585 annually, more than seven times the price of a Farm Bureau coverage.
Despite being Hyundai’s smallest vehicle, the Ioniq has the second-highest insurance costs among its models. The Ioniq is only offered as a hybrid, plug-in hybrid, or electric vehicle, which is one reason why.
Because the technology inside an electric vehicle raises repair costs, making claims more expensive for insurers, insurance for electric and hybrid automobiles is typically 23% more expensive than a car with a regular engine.
Your Hyundai Elantra’s age and trim level and the cost of your auto insurance
What year Hyundai Elantra do you have? since the age of your car may affect the cost of your auto insurance. Newer models typically have higher average Hyundai Elantra auto insurance rates.
In general, newer vehicles have more special features and technology, which in the event of a claim would increase the cost of repair or replacement.
Are you curious about the 2013 Hyundai Elantra insurance costs? See the table below for the Hyundai Elantra’s typical annual vehicle insurance prices by coverage type and model year.
Average Annual Car Insurance Rates and Coverage Levels for the Hyundai Elantra, by Model Year
As you can see, the cost of auto insurance for a brand-new 2020 Hyundai Elantra is $1,372, while the cost for an older 2010 Hyundai Elantra is $1,130. This represents a $242 annual difference.
If cost is your first priority, consider a used Hyundai Elantra rather than a brand-new one.
Is insurance for Hyundai automobiles expensive?
Insurance costs are often affordable for Hyundai vehicles. Insuring a Hyundai with full coverage typically costs $1,993 a year for a driver who is 30 years old. That is $159 less annually than the price of a Honda.
Hyundai’s low theft rate is one factor in the company’s low insurance prices. None of the models are included among the top 10 most stolen cars by the National Insurance Crime Bureau.
Is insurance for the Hyundai Sonata expensive?
For regular insurance coverage, the Hyundai Sonata auto insurance typically costs $1,426 annually. Of course, a number of variables (such as location, driving history, and driver age) could affect your actual insurance costs, so we’ve put together some excellent guidelines and calculators to help you estimate and determine your unique insurance costs.
How much does a Hyundai Elantra N’s insurance cost?
For owners of Hyundai Elantra N Line vehicles, the annual average cost of auto insurance is $2,776. However, specific costs vary by type; for example, the Sonata Limited Turbo has an annual insurance cost of $192 higher than the Elantra Gl.
What causes a car’s insurance costs to increase?
The kind of coverage you have, your driving history, and even where you park your car all have an impact on how much you’ll pay for auto insurance. Here is a list of factors that frequently impact the final cost of your auto coverage, however not all providers utilize the same ones.
- Your driving history – The better your history, the less premium you will pay. It’s possible that you will pay more if you have a history of accidents or major traffic offences than if you have a spotless driving record. If you’re a new driver without a history of insurance, you can also have to pay more.
- How much you use your car – The more miles you drive, the higher the risk of an accident, so if you drive for work or make long commutes, your insurance premiums will go up. You’ll pay less if you only sometimes drive, or what some businesses refer to as “pleasure use.”
- Location, location, location – Drivers in urban regions pay more for auto insurance than those in small towns or rural areas due to increased incidences of vandalism, theft, and accidents. Anti-theft measures and where you store your car—on the street or in a safe garage—may also have an effect on the bottom line.
The cost and frequency of litigation, the expense of medical care and auto repairs, the prevalence of auto insurance fraud, and weather patterns are additional variables that influence premium prices and can differ from one region or state to another.
- You’re age Generally speaking, older drivers are less likely to be in accidents than less experienced drivers, especially young drivers. Teenagers and other young drivers under the age of 25 typically face higher insurance premiums.
- – Your gender According to statistics, women are more likely than men to avoid collisions, experience fewer DWI collisions, and—most importantly—have less serious collisions. As a result, when all other factors are equal, women frequently pay less for auto insurance than males do.
- Your vehicle’s price is a significant determinant in how much it will cost to insure. The likelihood of theft, the price of maintenance, the size of the engine, and the car’s overall safety record are further considerations. Automobiles with top-notch safety features may be eligible for premium discounts.
Insurance companies consider the potential harm a vehicle can cause to other cars in addition to how safe it is to drive and how well it protects its occupants. An insurer may increase the price of liability insurance if a certain car type has a higher propensity to cause harm in an accident.
- Your credit score is a statistical tool that forecasts the possibility that you will make a claim and the anticipated cost of that claim, much like your credit score is.
- The type and quantity of your auto insurance coverage will determine how much you’ll pay for protection. This includes the limits on your basic auto insurance, the size of your deductible, and the types and quantities of policy choices (like collision) that are wise for you to have.
- NEVER use race or religion to determine insurance prices; it is against the law to do so.
Is the Hyundai Tucson’s insurance pricey?
How much does insurance for a Hyundai Tucson cost? To compare prices with other compact SUVs, we break down insurance rates starting with the lowest SE 2WD trim and going all the way up to the Ultimate 4WD variant.
- For full coverage, the average Hyundai Tucson’s insurance costs $1,416 annually, or $118 per month.
- The SE trim level of the Hyundai Tucson has the lowest annual insurance rates, coming in at about $1,294. The Plug-in Hybrid Limited has the highest annual insurance cost at $1,500.
- The Hyundai Tucson is one of the more affordable small SUVs to insure, with average annual costs $10 less than those of other small SUVs.
- Hyundai Tucson auto insurance costs range from $1,490 in Minneapolis, Minnesota, to $1,746 in Memphis, Tennessee, and $1,606 in Portland, Oregon.
How much does Hyundai Kona insurance cost?
Make sure your auto insurance is priced as affordably as possible. Compare the best quotations
Depending on the model year of your Hyundai Kona, various insurers will charge you varying amounts. It is advantageous to compare quotes from numerous insurance companies in order to acquire the lowest costs.
An average year’s insurance for a Hyundai Kona is $1,285. Compared to all car models combined, there is a $142 decrease.
Depending on the insurance company, the cost of insurance for a Hyundai Kona can vary by as much as $507.
Depending on your car’s model year, the cost of your Hyundai Kona insurance may change. Older models will sell for less money.
Is buying a Hyundai Elantra worthwhile?
“The 2022 Hyundai Elantra has shaken up the compact sedan class with striking styling, ample equipment, and inexpensive pricing,” says one reviewer.