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.
Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.
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Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Hyundai Elantra is $2,520 per year or $210 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.
The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Hyundai Elantra costs $2,520, whereas the 2023 Hyundai Elantra costs $2,488 annually. This is $32 less than the 2024 rates.
GEICO offers the cheapest annual rate for 2024 Hyundai Elantra at $1,964 per year.
Below, we'll look at Hyundai Elantra insurance rates and show you how to save.
Average insurance cost of Hyundai Elantra by model year
| Year of Hyundai Elantra model | Average cost to insure |
|---|---|
| 2024 | $2,520 |
| 2023 | $2,488 |
| 2022 | $2,472 |
| 2021 | $2,411 |
| 2020 | $2,342 |
Compare Elantra insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| Nationwide | 2WD 4 Door Sedan DOHC Hybrid | $2,470 |
| State Farm | 2WD 4 Door Sedan DOHC Hybrid | $2,706 |
| GEICO | 2WD 4 Door Sedan DOHC Hybrid | $2,845 |
| Progressive | 2WD 4 Door Sedan DOHC Hybrid | $3,498 |
| Allstate | 2WD 4 Door Sedan DOHC Hybrid | $4,236 |
Hyundai Elantra insurance rates per year
2024 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 GEICO $1,964 2 State Farm $2,246 3 Nationwide $2,303 4 Progressive $2,471 5 Allstate $2,992 6 Farmers $3,145 2023 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 GEICO $1,894 2 State Farm $2,190 3 Nationwide $2,350 4 Progressive $2,371 5 Farmers $3,039 6 Allstate $3,086 2022 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 State Farm $2,154 2 GEICO $2,158 3 Progressive $2,338 4 Nationwide $2,397 5 Allstate $2,830 6 Farmers $2,954 2021 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 GEICO $2,101 2 State Farm $2,112 3 Progressive $2,279 4 Nationwide $2,392 5 Allstate $2,759 6 Farmers $2,825 2020 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 State Farm $1,949 2 GEICO $1,985 3 Progressive $2,232 4 Nationwide $2,309 5 Allstate $2,587 6 Farmers $2,988 2019 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 State Farm $1,879 2 GEICO $1,934 3 Progressive $2,162 4 Nationwide $2,407 5 Allstate $2,513 6 Farmers $2,914 2018 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 GEICO $1,855 2 State Farm $1,871 3 Progressive $2,121 4 Nationwide $2,243 5 Allstate $2,432 6 Farmers $2,811 2017 Hyundai Elantra insurance rates
Rank Company Average annual premium 1 State Farm $1,818 2 GEICO $1,827 3 Progressive $2,026 4 Allstate $2,356 5 Nationwide $2,358 6 Farmers $2,731
Hyundai insurance annual rates by model
Methodology
Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- 40-year-old driver
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage