Hyundai Elantra Insurance

Insuring your Hyundai Elantra

(And how to get the lowest premiums.)

Hyundai Elantra

There are a lot of factors that go into figuring out your Hyundai Elantra insurance premiums. While many of these factors, like your driving record, are under your control, others are not. An independent insurance agent can shop multiple insurance companies to help you find the best possible rates without giving up the coverage you need. 

Not sure where to find an agent in your area? 

TrustedChoice.com has a find-an-agent tool that can match you with a local independent insurance agent who will walk you through your options and help you find the best possible car insurance for your Hyundai Elantra. 

What Kinds of Insurance do You Need for Your Hyundai Elantra?

Bodily Injury Liability

Bodily injury liability insurance pays for costs resulting from medical care for someone who is hurt in an accident you cause. This type of insurance is required in most states. 

Property Damage Liability

Property damage liability coverage is required by law in many states. Talk with your agent about whether you should purchase more than the minimum amount. Your policy only pays up to its limits, which could leave you responsible for a hefty bill if you cause an accident. 

Medical Payments/Personal Injury Protection

You can choose between medical payments and personal injury protection coverage, depending on where you live. This coverage pays for costs related to physical recovery for you and your passengers if there are injuries during an accident. Some states require this coverage. 

Uninsured Motorist Coverage

Even though most areas of the country require drivers to carry liability insurance, you could be in an accident with someone who is underinsured or uninsured. To avoid having to pay the bill for an accident you didn't cause, uninsured and underinsured motorist coverage is a solid option. 

Optional Coverage:

Collision

With collision coverage, you'll have your car repaired or replaced if you are in an accident with another car. You'll pay the deductible, and then the insurance company handles the rest, up to the fair market value of your Elantra. This coverage isn't right for every vehicle, so talk with your agent about balancing cost and value with this type of insurance. 

Comprehensive

If you are the victim of vandalism or you hit an animal in the road, comprehensive coverage will help you repair or replace your Elantra. Your insurance company pays the bill, minus your deductible, up to the vehicle's fair market value. 

Glass Coverage

Replacing the windshield of your Hyundai Elantra could cost hundreds of dollars. Often, it's enough to cause financial stress but not enough to make an insurance claim. A glass coverage policy with zero deductible will pay for glass repair and costs just a few dollars each month. 

Gap Insurance

When you buy a new car at a dealership, they often offer gap coverage. If you declined this coverage, you can still get it through your agent now. If you think you may owe more on your Elantra than its fair market value, gap insurance could protect you from having to pay off the balance of the loan if you are in an accident that results in a total loss. 

What Affects the Cost of Insurance for Your Hyundai Elantra?

Annual Mileage: Driving more than 10,000 to 15,000 miles each year could mean you'll pay slightly higher insurance premiums for your Elantra. 

Your Driving Record: Keeping your driving record free from at-fault accidents and moving violations will help you get the lowest possible insurance rates. 

The Value of Your Vehicle: The Hyundai Elantra isn't considered a luxury vehicle, which means you won't pay extra for a high-value insurance policy. 

Average Hyundai Elantra Insurance Costs

Full coverage auto insurance costs an average of $1,372 per year for a 40-year-old Elantra driver with an excellent driving record. Liability-only insurance costs just $438 per year. Your rates may vary from these averages, which is why it's crucial to get multiple quotes from your agent. 

The Safety of your Hyundai Elantra

The IIHS named the 2020 Hyundai Elantra GT their Top Safety Pick in the small car category. The Elantra, redesigned for the 2017 edition, now has a reinforced structure and improved driver front airbag performance. Economical vehicles with advanced safety features have some of the lowest insurance rates, due to their reasonable repair costs and crash avoidance technology. 

How Location Affects Your Hyundai Elantra Insurance 

Elantra drivers who live in highly populated areas of the country pay more for auto insurance on average than those who live in rural areas. Driving in heavy traffic increases the likelihood that you'll be involved in a crash, so the insurance company charges people who live in cities higher premiums. 

Average annual Hyundai Elantra premiums:

Rural Areas:Small Cities:Large Cities:
$1,029$1,441$1,852

Additional Factors That Affect Your Hyundai Elantra Insurance Premiums

  • Safety features like anti-theft devices
  • Your age
  • Your gender
  • The deductibles you choose
  • Your credit rating

Average Cost to Insure a Hyundai Elantra

Average annual cost to insure a Hyundai Elantra with full coverage:$1,332
Teens:$5,132
High-Risk Drivers:$2,984
High Deductibles:$1,184
Low Deductibles:$1,748
Top 3 most expensive states for Hyundai Elantra insurance:
New York, Michigan, and Florida$1,860
Top 3 most affordable states for Hyundai Elantra insurance: 
 Utah, Ohio, and New Hampshire$990

Top Independent Insurance Carriers That Insure the Hyundai Elantra

According to a recent U.S. Independent Insurance Agent Satisfaction Study by J.D. Power, the following companies provide excellent service to their insurance customers: 

  1. Auto-Owners Insurance
  2. Progressive
  3. Safeco
  4. Travelers

Get a Hyundai Elantra Quote

Your independent insurance agent can help you find the right auto insurance company and great rates so you can insure your Hyundai Elantra today. TrustedChoice.com connects you with an independent insurance agent in your area. Use the Find an Agent tool to reach out to an agent and start building an auto insurance package that fits your budget.

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TrustedChoice.com Article | Reviewed by Greg Safford

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IIHS, Consumer Reports, Quote Inspector, iii.org, JD Power, Car and Driver