Written by
Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
The model year of the car is one of the many reasons that affect car insurance rates. The average cost of insuring a Hyundai, combining all the models is $1,642 per year for a 40-year-old driver.
The average auto insurance cost combining all the models of Hyundai is $1,975 annually for drivers age 40.
Hyundai, a South Korean automaker owns the Kia and Genesis, the luxury-oriented brands. Hyundai sells SUVs such as Santa Fe, Tucson, and Palisade, sedans like the Sonata and Veloster. It also sells hybrid vehicles and EVs like Ioniq. Most vehicles come with simple and standard infotainment systems that are easy to use.
One of the many factors which affect insurance rates is the model of the car. This article talks in detail about the average car insurance cost by model for all the Hyundai cars available on the market all in one place, making it easier to do a comparative study and purchase the best and most affordable model accordingly.
Average Hyundai car insurance cost by model
There are several factors that affect car insurance costs. One amongst them is the model of the car. Hence, comparing quotes based on the model of your car can aid in making a better and informed decision.
Out of all the models of Hyundai, Ioniq is the costliest to insure at $2,413 per year. While Venue is the cheapest to insure, at $1,740 annually for drivers age 40.
The table below depicts the various Hyundai car models along with their average annual rates for 40-year-old drivers.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Venue | $1,740 |
| 2023 Hyundai Kona | $1,829 |
| 2023 Hyundai Tucson | $1,853 |
| 2023 Hyundai Santa | $1,934 |
| 2023 Hyundai Palisade | $1,951 |
| 2023 Hyundai Elantra | $2,168 |
| 2023 Hyundai Sonata | $2,272 |
| 2023 Hyundai Nexo | $2,281 |
| 2023 Hyundai Ioniq | $2,413 |
Choose Your Vehicle Model
Hyundai Accent insurance cost
- Starting MSRP - $16,645
- Trim levels – SE, SEL, Limited
- The average annual rate of insuring Hyundai Accent is - $1,638
Accent is a compact sedan that comes in three different trims – SE, SEL and Limited. All these models come with stylish doors, smart technologies as well as safety features embedded together to provide security and infotainment at its best.
The average annual cost for insuring Hyundai Accent is $1,638. It is $337 less than the combined cost of insuring all models of Hyundai.
The average annual cost to insure Hyundai Accent 2022 model is $73 more than the average annual cost to insure the 2016 model. This difference in insurance rates is because of the upgrade in safety features in its latest model.
The table below depicts the average annual cost of the other year and model of Hyundai Accent
| Year and model | Average annual premium |
|---|---|
| 2022 Hyundai Accent | $1,638 |
| 2021 Hyundai Accent | $1,556 |
| 2020 Hyundai Accent | $1,684 |
| 2019 Hyundai Accent | $1,701 |
| 2018 Hyundai Accent | $1,587 |
| 2017 Hyundai Accent | $1,597 |
| 2016 Hyundai Accent | $1,565 |
Compare Hyundai Accent car insurance rates by state
Hyundai Azera insurance cost
- Starting MSRP range - $19,003 - $24,590
- Trim levels – Base, Limited
- The cost to insure Hyundai Azera is $1,842
Azera is an extraordinary sedan with a sporty design, modern styling, and Hyundai’s most advanced safety technology. Incorporated with all the latest technologies, Azera is referred to as the flagship sedan of Hyundai.
The insurance cost of Azera is different from other Hyundai cars due to the difference in the number of air bags, tightened security systems and anti-lock brakes. All these feature enhancements have a direct impact on the car insurance rates. The average annual cost to insure Hyundai Azera is $1,842.
Below mentioned are the average annual cost for other models of Hyundai Azera
| Year and model | Average annual premium |
|---|---|
| 2017 Hyundai Azera | $1,842 |
| 2016 Hyundai Azera | $1,811 |
Hyundai Elantra insurance cost
- Starting MSRP range - $19,850- $31,900
- Trim levels – SE, SEL, N Line, Limited
- The average annual rate for insuring Hyundai Elantra is $2,168
Hyundai Elantra is a sedan well-equipped with the smartest of technologies like wireless charging, larger touchscreen. It comes in 4 different trims – SE (Sports Edition), SEL (Special Edition Limited), N Line and Limited.
Elantra becomes the 2021 North American Car of the year for its forward-thinking design and next level technologies.
The insurance cost for Elantra is lesser than other models because of low horsepower and low retail value of the car. SE is the cheapest to insure trim level and the trim levels costliest to insure in Elantra are N line and Limited. The average annual rate for insuring Hyundai Elantra is $2,168.
The average annual costs for other models of Elantra are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Elantra | $2,168 |
| 2022 Hyundai Elantra | $1,865 |
| 2021 Hyundai Elantra | $1,681 |
| 2020 Hyundai Elantra | $1,738 |
| 2019 Hyundai Elantra | $1,798 |
| 2018 Hyundai Elantra | $1,766 |
| 2017 Hyundai Elantra | $1,747 |
| 2016 Hyundai Elantra | $1,672 |
Compare Hyundai Elantra car insurance rates by state
Hyundai Equus insurance cost
- Starting MSRP - $30,499
- Trim levels – Signature, Ultimate
- The cost to insure Hyundai Equus is $2,394.
Hyundai Equus positioned itself as a luxury sedan at an affordable price.
The several factors which contribute to a high average annual insurance rate are –the driver’s age, the age of the car, the carrier, and trim levels (higher the trim level, more advanced are the features, hence higher insurance rates).
It is the costliest model to insure. The average cost to insure Hyundai Equus is $2,394 per year. The cost of insuring Equus is $419 more than the insurance cost combining all the models of Hyundai.
Below mentioned are the average annual cost for other models of Hyundai Equus
| Year and model | Average annual premium |
|---|---|
| 2016 Hyundai Equus | $2,394 |
Hyundai Gensis insurance cost
- Starting MSRP - $324,990 - $29,590
- Trim levels– 3.8, 5.0
- The average annual cost to insure the 2016 Hyundai Gensis is $2,113.
Hyundai Gensis, now known as Gensis G80, possess excellent crash test scores, long warranty coverage, high quality interior making it one of the Edmunds Best Used cars. It stands out amongst its competitors for features like clean styling, refined ride, and well-appointed cabin.
Gensis is one of the safest vehicles produced in its class. The car is rated much safer than some of the similar cars made by BMW and Mercedes. Since the car is safe with various safety features to avoid accidents, the cost of insurance will be lower than that for other luxury cars.
The average annual cost to insure Hyundai Gensis is $2,113. Below mentioned are the average annual cost for other models of Hyundai Gensis.
| Year and model | Average annual premium |
|---|---|
| 2016 Hyundai Genesis | $2,113 |
Hyundai Ioniq insurance cost
- Starting MSRP range - $23,600 - $33,245
- Trim levels – SE, SEL, Limited
- The average annual rate for insuring Hyundai Ioniq is $2,413
The Hyundai Ioniq is a compact Hatchback well-equipped with the smartest of technologies, spacious interiors, and extraordinary stylings that comes in 3 different models. Hyundai also launched its latest Ioniq electric SUV in 2021 winters.
The Hyundai Ioniq insurance cost averages $2,413 per year or $201 per month for 40-year-old drivers based on the trim level.
The most expensive to insure, trim level of the Hyundai Ioniq, is Electric Limited and the second most expensive is Electric SE.
The average annual costs for other models of Ioniq are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Ioniq | $2,413 |
| 2022 Hyundai Ioniq | $1,978 |
| 2021 Hyundai Ioniq | $1,832 |
| 2020 Hyundai Ioniq | $1,818 |
| 2019 Hyundai Ioniq | $1,868 |
| 2018 Hyundai Ioniq | $1,807 |
| 2017 Hyundai Ioniq | $1,800 |
Compare Hyundai Ioniq car insurance rates by state
Hyundai Kona insurance cost
- Starting MSRP range - $21,150 - $34,000
- Trim levels – SE, SEL, N Line, Limited
- The average annual rate for insuring Hyundai Kona is $1,829
Being a crossover SUV, with a small and compact size, Hyundai Kona provides the drivers with large SUV adventures. The latest upgrade in technology, styling, and versatility has positioned Kona to be the upgraded small SUV.
The Hyundai Kona can be insured at an average annual cost of $1,829 or $152 per month for a 40-year-old driver. It is $146 less than the cost to insure Hyundai cars combining all the models. The cheapest trim level of Hyundai Kona to insure is SE and Limited is the most expensive trim level of Hyundai Kona to insure.
The average annual costs for other models of Kona are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Kona | $1,829 |
| 2022 Hyundai Kona | $1,556 |
| 2021 Hyundai Kona | $1,534 |
| 2020 Hyundai Kona | $1,528 |
| 2019 Hyundai Kona | $1,579 |
| 2018 Hyundai Kona | $1,510 |
Compare Hyundai Kona car insurance rates by state
Hyundai Nexo insurance cost
- Starting MSRP - $58,935
- The average annual rate for insuring Hyundai Nexo is $2,281
Hyundai Nexo is the first dedicated hydrogen-powered SUV on the market, and their first. NEXO Fuel Cell is Hyundai’s technology flagship. A fuel cell vehicle with cutting-edge connectivity and safety, as well as premium luxury.
The average annual cost of insurance for the Hyundai Nexo 2023 model is $369 more than that of insuring the 2022 model. When compared to the insurance cost of all Hyundai cars combined, Nexo can cost as much as $306 more annually.
The Hyundai Nexo's average annual car insurance cost for a 40-year-old driver is $2,281. The average annual costs for other models of Nexo are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Nexo | $2,281 |
| 2022 Hyundai Nexo | $1,912 |
| 2021 Hyundai Nexo | $1,959 |
| 2020 Hyundai Nexo | $2,351 |
| 2019 Hyundai Nexo | $2,017 |
Compare Hyundai Nexo car insurance rates by state
Hyundai Palisade insurance cost
- Starting MSRP - $33,150
- The average annual rate for insuring Hyundai Palisade is $1,951
The three-row, 8 passengers, upscale SUV Hyundai Palisade comes with modern elegance. With its prime focus on the safety of the family members, Palisade is one of the most sought-after options for epic journeys and family experiences.
Hyundai Palisade can be insured at an average annual cost of $1,951 for a 40-year-old driver.
The average annual costs for other models of Palisade are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Palisade | $1,951 |
| 2022 Hyundai Palisade | $1,589 |
| 2021 Hyundai Palisade | $1,628 |
| 2020 Hyundai Palisade | $1,999 |
Hyundai Santa insurance cost
- Starting MSRP - $23,990 - $39,350
- Trim levels – SE, SEL, SEL Premium, Limited
- The average annual rate for insuring Hyundai Santa is $1,934
The Hyundai Santa comes in 4 different models: Santa Cruz, Santa FE, Santa Hybrid SUV, Santa Hybrid Plug-in SUV. The Santa Cruz is a sports adventure vehicle, while Santa FE is a 5 passenger SUV and others are an upper end version of Santa FE.
The average annual cost for insuring Hyundai Santa is $1,934 or $161 per month. It is $20 less than the cost to insure cars of Hyundai combining all models. There is a difference of $398 between the annual insurance rates of the 2016 and 2023 Hyundai Santa models. The cheapest trim level of Santa to insure is SE.
The average annual costs for other models of Santa are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Santa | $1,934 |
| 2022 Hyundai Santa | $1,732 |
| 2021 Hyundai Santa | $1,571 |
| 2020 Hyundai Santa | $1,595 |
| 2019 Hyundai Santa | $1,657 |
| 2018 Hyundai Santa | $1,614 |
| 2017 Hyundai Santa | $1,571 |
| 2016 Hyundai Santa | $1,536 |
Compare Hyundai Santa car insurance rates by state
Hyundai Sonata insurance cost
- Starting MSRP range - $24,350 - $27,050
- The average annual rate for insuring Hyundai Sonata is $2,272
Hyundai Sonata is a midsize sedan that comes in N line and hybrid model. The midsize sedan has modified its exterior to a sports coupe design and adapted the interiors to smart tech and enhanced safety features.
There is a difference of $467 between the insurance costs of Hyundai Sonata 2016 and 2023 models. The model with cheapest insurance rate is Sonata SE trim level. The average annual cost for insuring Hyundai Sonata is $2,272 for a 40-year-old driver.
The average annual costs for other models of Sonata are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Sonata | $2,272 |
| 2022 Hyundai Sonata | $1,907 |
| 2021 Hyundai Sonata | $1,829 |
| 2020 Hyundai Sonata | $1,875 |
| 2019 Hyundai Sonata | $1,916 |
| 2018 Hyundai Sonata | $1,863 |
| 2017 Hyundai Sonata | $1,838 |
| 2016 Hyundai Sonata | $1,805 |
Compare Hyundai Sonata car insurance rates by state
Hyundai Tucson insurance cost
- Starting MSRP range - $25,350 - $34,750
- Trim levels- Blue, SE, SEL, SEL Convenience, N Line, Limited
- The average annual rate for insuring Hyundai Tuscon is $1,853
Hyundai Tuscon is a modern compact SUV. It is also referred to as an all-purpose hybrid SUV. The model with the cheapest insurance rate is Tuscon SE trim level and the most expensive insurance rate is Tuscon Hybrid. There is a difference of $407 between the 2016 and 2023 Hyundai Tuscon models.
The average annual cost for insuring Hyundai Tuscon is $1,853 for a 40-year-old driver. Hyundai Tuscon will cost as much as $122 less than the cost to insure by combining all the models of Hyundai.
The average annual costs for other models of Tuscon are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2023 Hyundai Tucson | $1,853 |
| 2022 Hyundai Tucson | $1,676 |
| 2021 Hyundai Tucson | $1,398 |
| 2020 Hyundai Tucson | $1,493 |
| 2019 Hyundai Tucson | $1,502 |
| 2018 Hyundai Tucson | $1,507 |
| 2017 Hyundai Tucson | $1,463 |
| 2016 Hyundai Tucson | $1,446 |
Compare Hyundai Tucson car insurance rates by state
Hyundai Veloster insurance cost
- Starting MSRP - $32,500
- The average annual rate for insuring the 2022 Hyundai Veloster is $1,912
Veloster is a car from Hyundai, which was launched in 2011. Veloster is available in just one trim level, has a large trunk, and exceptionally good cargo space.
The average cost to insure Hyundai Veloster is $1,912 or $159 per month. The $209 difference in the Hyundai Veloster 2022 and 2016 model.
The average annual costs for other models of Tuscon are listed in the table below.
| Year and model | Average annual premium |
|---|---|
| 2022 Hyundai Veloster | $1,912 |
| 2021 Hyundai Veloster | $1,682 |
| 2020 Hyundai Veloster | $1,843 |
| 2019 Hyundai Veloster | $1,780 |
| 2017 Hyundai Veloster | $1,756 |
| 2016 Hyundai Veloster | $1,703 |
Compare Hyundai Veloster car insurance rates by state
The Sources
- Find more information about Hyundai cars and Model details
- The cheapest trim levels to insure
- Find detailed information on Edmunds for crash testing and safety features