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.
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.
×We work hard to earn your trustTrust isn't just a word at Insurance.com, it's our mission.
Your insurance decisions are important, and we guide you with clear, accurate information
based on data, expertise and unbiased analysis.
We're experts
Editors with 20+ years in insurance
Academic experts from top universities
Industry data analysts
We're data-driven
1B+ data points reviewed
290+ insurance companies analyzed
34,000+ ZIP codes compared
We're uncompromising
Strict editorial standards
Independent and unbiased
Free of outside influence
Transparency. Expertise. Objectivity.
That's how we built trust. Find out how we use data to create the best tools, rankings and
rate comparisons. Learn more about our data and research methodologies.
Insurance.com research suggests that the cost of insuring a Hyundai Elantra is estimated to be around $2,168 annually or $181 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.
Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Hyundai Elantra costs $2,168 per year, while its 2022 equivalent costs $1,865 per year.
Regardless of your chosen model year, you can find a competitive carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.
Read on to learn in detail about these cost-effective auto policies for Hyundai Elantra.
Average insurance cost of Hyundai Elantra by model year
Year of Hyundai Elantra model
Average cost to insure
2023
$2,168
2022
$1,865
2021
$1,681
2020
$1,738
2019
$1,798
Compare Hyundai Elantra insurance rates by state
LOADING
Company
Style
Average annual premium
State Farm
4 Door Hatchback
$1,399
GEICO
4 Door Hatchback
$1,643
Progressive
4 Door Hatchback
$2,202
Nationwide
4 Door Hatchback
$2,252
Allstate
4 Door Hatchback
$2,967
Farmers
4 Door Hatchback
$3,149
Hyundai Elantra insurance rates per year
2023
2023 Hyundai Elantra insurance rates
Average cost to insure$2,168
Annual cheapest rate$1,560
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
State Farm
$1,560
2
GEICO
$1,616
3
Nationwide
$2,061
4
Progressive
$2,153
5
Farmers
$2,763
6
Allstate
$2,853
2022
2022 Hyundai Elantra insurance rates
Average cost to insure$1,865
Annual cheapest rate$1,247
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
GEICO
$1,247
2
State Farm
$1,292
3
Progressive
$1,734
4
Nationwide
$2,249
5
Farmers
$2,300
6
Allstate
$2,367
2021
2021 Hyundai Elantra insurance rates
Average cost to insure$1,681
Annual cheapest rate$1,122
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
State Farm
$1,122
2
GEICO
$1,261
3
Progressive
$1,280
4
Nationwide
$1,708
5
Farmers
$2,259
6
Allstate
$2,458
2020
2020 Hyundai Elantra insurance rates
Average cost to insure$1,738
Annual cheapest rate$1,213
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
GEICO
$1,213
2
State Farm
$1,322
3
Progressive
$1,524
4
Nationwide
$1,799
5
Farmers
$2,052
6
Allstate
$2,515
2019
2019 Hyundai Elantra insurance rates
Average cost to insure$1,798
Annual cheapest rate$1,192
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
GEICO
$1,192
2
State Farm
$1,323
3
Progressive
$1,701
4
Nationwide
$1,839
5
Allstate
$2,237
6
Farmers
$2,495
2018
2018 Hyundai Elantra insurance rates
Average cost to insure$1,766
Annual cheapest rate$1,141
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
GEICO
$1,141
2
State Farm
$1,325
3
Progressive
$1,679
4
Nationwide
$1,840
5
Allstate
$2,189
6
Farmers
$2,423
2017
2017 Hyundai Elantra insurance rates
Average cost to insure$1,747
Annual cheapest rate$1,117
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
GEICO
$1,117
2
State Farm
$1,334
3
Progressive
$1,660
4
Nationwide
$1,851
5
Allstate
$2,085
6
Farmers
$2,436
2016
2016 Hyundai Elantra insurance rates
Average cost to insure$1,672
Annual cheapest rate$1,070
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition