Hyundai Car Insurance: Rates by Model

The average price to insure a Hyundai car is $1,993 per year for a full-coverage policy. However, insurance rates vary based on the model and insurer.

For instance, the average cost of full-coverage insurance for a Hyundai Tucson SE is $606 per year cheaper than for a Venue SE. Farm Bureau offers the cheapest insurance for Hyundais at $1,295 per year for full-coverage, while Nationwide is the most expensive at $2,856 — a difference of $1,561 per year.

Compare Hyundai insurance costs by model and insurance company:

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Hyundai insurance cost by model

The Tucson SE, a compact SUV, is the cheapest Hyundai to insure — a full-coverage policy costs $1,717 per year, on average. On the other hand, the Venue SE is the most expensive Hyundai to insure, at $2,323 per year, on average.

Insurance rates are based on a number of factors beyond the make and model of your car, including your age, driving history, where you live and the coverage limits you choose. We recommend comparing quotes from multiple insurance companies to find the best policy for you.

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Hyundai insurance rates by company

Farm Bureau offers the cheapest full-coverage insurance for Hyundai drivers — $1,295 per year, on average. The most expensive insurer, Nationwide, charges $2,856 per year for the same policy. That's double the cost of a policy with Farm Bureau. While Hyundai insurance rates vary based on the model you drive, the insurance company that you choose has a greater impact on the rate you pay.

Full coverage Hyundai quotes by company

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Hyundai Accent insurance cost

The average cost to insure a Hyundai Accent SE is $1,872 per year for a 30-year-old man. Insurance costs a lot more for teenage drivers — $5,870 per year.

The price of insurance for the Hyundai Accent is $121 per year cheaper than the average cost of coverage for Hyundais overall. Although the Accent is the least expensive Hyundai model to buy, full-coverage insurance costs 9% more per year than the Tucson, which is the cheapest model to insure.

Among the insurers included in our study, State Farm offers the cheapest full-coverage insurance for a Hyundai Accent — $1,183 per year, on average, for a 30-year-old man. Young drivers should consider Farm Bureau, which has the most affordable rates for an 18-year-old, at $2,183 per year.

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Hyundai Elantra insurance rates

Full-coverage car insurance for a Hyundai Elantra costs $1,987 per year for a 30-year-old driver, on average. Teen drivers pay more than three times as much for the same policy — $6,204 per year.

Insurance costs for the Elantra are on par with Hyundai's overall average, however rates vary by company. Farm Bureau has the cheapest full-coverage policy for both 30-year-old drivers ($1,313 per year) and 18-year-old drivers ($2,170 per year). On the other hand, the most expensive insurance comes from Progressive, where a policy costs $3,142 and $13,782, respectively.

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Hyundai Ioniq insurance rates

The average cost to insure a Hyundai Ioniq for a 30-year-old is $2,259 per year for full coverage, making it one of the most expensive Hyundai models to insure. However, rates for the Ioniq vary a lot by model year — the difference between insuring a 2017 model and a 2021 model is $497 per year.

A driver's age also plays a large role in the cost of insurance for a Hyundai Ioniq. The average rate for an 18-year-old driver is about three times more expensive than a 30-year-old driver pays for the same policy.

Farm Bureau offers the most affordable rates for Hyundai Ioniq drivers, regardless of age. A 30-year-old driver can expect to pay $1,294 for a full-coverage policy, while an 18-year-old pays $2,137, on average. Nationwide has the highest rates — young drivers pay $16,585 per year, more than seven times the cost of a policy with Farm Bureau.

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Hyundai Kona insurance rates

The Kona is the second-cheapest Hyundai to insure. A 30-year-old driver can expect to pay $1,766 per year for full-coverage insurance, and the average rate for an 18-year-old is $5,446. While insurance rates are usually the cheapest for older model years, a five-year-old Kona is actually more expensive to insure than a brand-new model.

State Farm has the cheapest insurance rates for the Hyundai Kona — a 30-year-old driver can expect to pay $1,162 per year. Alternatively, teen drivers can find the most affordable rates with Farm Bureau, where a full-coverage policy costs $2,072 per year.

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Hyundai Palisade insurance cost

The Palisade is Hyundai's largest SUV, and its third-most-expensive model to insure. Full-coverage car insurance for the Hyundai Palisade costs an average of $2,097 per year for a 30-year-old driver, which is $104 more than the overall Hyundai average. An 18-year-old can expect to pay three times as much to insure a Hyundai Palisade — $6,163 per year.

Farm Bureau offers the most competitive rates for Hyundai Palisade drivers. A full-coverage policy costs $1,309 per year for a 30-year-old driver and $2,152 for an 18-year-old. Nationwide and Progressive are the most expensive insurers for this model.

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Hyundai Santa Fe insurance cost

The average cost for a 30-year-old driver to insure a Hyundai Santa Fe is $1,827 per year, or $152 per month, for a full-coverage policy. That's $110 per year more than the rate for a Tucson, Hyundai's cheapest model to insure.

Teenage drivers can expect to pay nearly triple that price — the average annual cost to insure a Hyundai Santa Fe is $5,421 per year for an 18-year-old.

State Farm has the best insurance rates for Hyundai Santa Fe owners. A 30-year-old driver pays $1,229 per year for full coverage, on average. The most expensive insurer is Progressive — the company charges $2,562 per year, which is twice as much as State Farm. Teenage drivers can find the best rates from Farm Bureau, where a full-coverage policy costs $2,179 per year.

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Hyundai Sonata insurance cost

The Sonata is Hyundai's most expensive sedan to insure. On average, the cost to insure a Hyundai Sonata is $2,071 per year for a 30-year-old, which is $199 more than insurance for an Accent, Hyundai's cheapest sedan. An 18-year-old driver can expect to pay $6,451 per year.

Farm Bureau has the best rates for most Sonata drivers. A full-coverage policy costs $1,385 per year for a 30-year-old driver and $2,273 per year for an 18-year-old driver, on average. Conversely, Progressive is the most expensive company for Sonata insurance — a 30-year-old can expect to pay $3,469 per year, while insurance for an 18-year old costs $15,513 per year.

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Hyundai Tucson insurance rates

The cost of a full-coverage insurance policy for a Hyundai Tucson is $1,717 per year, on average, for a 30-year-old driver, making it the cheapest Hyundai to insure. The Tucson is also the cheapest model to insure for 18-year-old drivers, who can expect to pay $5,255 per year for full-coverage insurance.

State Farm offers the cheapest rates for 30-year-old Hyundai Tucson drivers — a full-coverage policy costs $1,150 per year. Farm Bureau has the most affordable insurance for 18-year-olds driving a Tucson, followed by USAA and Geico.

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Hyundai Veloster insurance cost

Insurance rates for the Veloster are in line with the overall Hyundai average with a full-coverage policy costing $2,007 per year for a 30-year-old driver. Rates are much higher for young drivers to insure a Hyundai Veloster — the average annual rate is $6,155, three times more expensive.

Most Hyundai Veloster drivers should consider State Farm when comparing insurance quotes. The company has the lowest rates for full-coverage insurance, at $1,306 for a 30-year-old driver. Rates for younger drivers are much more expensive with State Farm, where an 18-year-old driver pays $2,514 more for the same policy. Teenage drivers should consider Farm Bureau for the most affordable rates — a policy costs $2,199 per year.

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Hyundai Venue insurance price

The Hyundai Venue is the company's most affordable SUV to buy, but the most expensive vehicle to insure. The average cost for a full-coverage policy is $2,323 per year for a 30-year-old driver — that's $330 more expensive than the overall average for Hyundai models, and $606 more than Hyundai's cheapest model to insure, the Tucson.

Hyundai Venue drivers will find the best rates with Farm Bureau. A full-coverage policy for a 30-year-old driver costs $1,074 per year, which is over $1,000 cheaper than the average cost. An 18-year-old driver can expect to pay $1,797 — nearly $4,000 cheaper than average..

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Hyundai Power Protect insurance

Hyundai offers its own insurance policies through Liberty Mutual with a program called Hyundai Power Protect. The policies come standard with a set of features which most other policies would charge extra to cover.

Hyundai Power Protect customers can keep their rates low with accident forgiveness and multi-car discounts.

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Methodology

To find the average cost of insurance for a Hyundai, we gathered thousands of quotes for two sample drivers living in Texas: a 30-year-old man and an 18-year-old man with clean driving records and average credit scores. Rates are based on a full-coverage policy with the following limits:

This analysis used insurance quote data from Quadrant Information Services. The quotes referenced were publicly sourced from insurer filings and should only be used for comparison purposes. Actual rates for your Hyundai model may differ.