Hyundai Veloster Auto Insurance (2024)
Hyundai Veloster insurance rates are $1,406 a year, or around $117 a month on average. Teens pay the highest rates at up to $5,139 a year, while good drivers may only pay $826.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
UPDATED: Jun 22, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jun 22, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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Key takeaways:
- Full coverage costs around $1,406 a year or $117 each month
- A liability-only policy costs around $564 a year or $47 each month
- Highest rates are for teenage drivers at around $5,139 a year or $428 each month
- Good drivers can save as much as $580 a year by earning policy discounts
- Hyundai Veloster insurance costs around $113 less per year than the average vehicle
Hyundai Veloster insurance rates cost $117 per month for full coverage and $47 per month for liability-only coverage. Parents could pay up to $428 per month for teen drivers. However, you can save $580 a year through policy discounts. Continue reading to learn how you can be eligible for cheap Hyundai Veloster insurance rates.
You can start comparing quotes for Hyundai Veloster auto insurance rates from some of the best auto insurance companies by using our free online tool now.
Hyundai Veloster Insurance Cost
The average Hyundai Veloster auto insurance costs are $1,406 a year or $117 a month.
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Are Hyundai Velosters Expensive to Insure?
The chart below details how Hyundai Veloster insurance rates compare to other coupes like the Mercedes-Benz CLA 250, Dodge Challenger, and Audi S5.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Mercedes-Benz CLA 250 | $406 | $834 | $398 | $1,796 |
| Dodge Challenger | $404 | $688 | $420 | $1,692 |
| Audi S5 | $394 | $864 | $398 | $1,814 |
| Audi TT | $382 | $714 | $398 | $1,652 |
| Nissan 370Z | $332 | $714 | $450 | $1,676 |
| MINI Hardtop 2 Door | $282 | $536 | $338 | $1,292 |
However, there are a few things you can do to find the cheapest Hyundai insurance rates online.
What Impacts the Cost of Hyundai Veloster Insurance?
You might have noticed that there is a multitude of factors that impact Hyundai Veloster auto insurance rates. Your age, location, driving record, and model year all play a role in what you will ultimately pay to insure the Hyundai Veloster.
Age of the Vehicle
Older Hyundai Veloster models generally cost less to insure. For example, auto insurance for a 2017 Hyundai Veloster costs $1,406, while 2012 Hyundai Veloster insurance costs are $1,246, a difference of $160.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2017 Hyundai Veloster | $308 | $524 | $416 | $1,406 |
| 2016 Hyundai Veloster | $298 | $502 | $430 | $1,388 |
| 2015 Hyundai Veloster | $282 | $484 | $442 | $1,366 |
| 2014 Hyundai Veloster | $270 | $450 | $452 | $1,330 |
| 2013 Hyundai Veloster | $260 | $424 | $456 | $1,298 |
| 2012 Hyundai Veloster | $248 | $380 | $460 | $1,246 |
Driver Age
Driver age can have a significant impact on Hyundai Veloster auto insurance rates. For example, 20-year-old drivers pay approximately $1,719 more each year for their Hyundai Veloster auto insurance than 30-year-old drivers.
Driver Location
Where you live can have a large impact on Hyundai Veloster insurance rates. For example, drivers in New York may pay $857 a year more than drivers in Seattle.
Your Driving Record
Your driving record can have an impact on the cost of Hyundai Veloster auto insurance. Teens and drivers in their 20’s see sees the highest jump in their Hyundai Veloster auto insurance with violations on their driving record.
Hyundai Veloster Safety Ratings
The Hyundai Veloster’s safety ratings will affect your Hyundai Veloster auto insurance rates. See the chart below:
| Test Type | Rating |
| Small overlap front: driver-side | Good |
|---|---|
| Small overlap front: passenger-side | Good |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
Hyundai Veloster Crash Test Ratings
Not only do good Hyundai Veloster crash test ratings mean you are better protected in a crash, but good Hyundai Veloster crash ratings also mean cheaper insurance rates.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Hyundai Veloster N 3 HB FWD | N/R | N/R | N/R | N/R |
| 2020 Hyundai Veloster 3 HB FWD | N/R | N/R | N/R | N/R |
| 2019 Hyundai Veloster N 3 HB FWD | N/R | N/R | N/R | N/R |
| 2019 Hyundai Veloster 3 HB FWD | N/R | N/R | N/R | N/R |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Hyundai Veloster Safety Features
Most drivers don’t realize that not only do Hyundai Veloster safety features play a vital role in keeping passengers safe in crashes, but they can also help lower Hyundai Veloster auto insurance rates. The Hyundai Veloster’s safety features include:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Brake Assist
- Electronic Stability Control
- Daytime Running Lights
- Child Safety Locks
- Traction Control
- Lane Departure Warning
- Lane Keeping Assist
Hyundai Veloster Insurance Loss Probability
The Hyundai Veloster’s insurance loss ratio varies between different coverage types. While some types of insurance loss ratios are higher for the Hyundai Veloster, others are more favorable and lead to lower insurance rates.
| Insurance Coverage Category | Loss Rate |
| Collision | 9% |
|---|---|
| Property Damage | 12% |
| Comprehensive | -12% |
| Personal Injury | 12% |
| Medical Payment | 29% |
| Bodily Injury | 16% |
| Source: Insurance Institute for Highway Safety | |
Hyundai Veloster Finance and Insurance Cost
If you are financing a Hyundai Veloster, you will pay more if you purchase Hyundai Veloster auto insurance at the dealership, so be sure to shop around and compare Hyundai Veloster auto insurance quotes from the best companies using our FREE tool below.
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Ways to Save on Hyundai Veloster Insurance
There are several ways you can save even more on your Hyundai Veloster auto insurance rates. Take a look at the following five tips:
- Save Money on Young Driver Hyundai Veloster Insurance Rates By Mentioning Grades or GPA
- Buy a Hyundai Veloster with an Anti-Theft Device
- Understand the Different Types of Auto Insurance for Your Hyundai Veloster
- Ask About a Student Away from Home Discount
- Don’t Assume your Hyundai Veloster is Cheaper to Insure than another vehicle. Compare. Compare. Compare.
Top Hyundai Veloster Insurance Companies
Who is the top auto insurance company for Hyundai Veloster insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Hyundai Veloster auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the Hyundai Veloster offers.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Compare Free Hyundai Veloster Insurance Quotes Online
You can start comparing quotes for Hyundai Veloster auto insurance rates from some of the best auto insurance companies by using our free online tool now.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Frequently Asked Questions
How much does insurance for a Hyundai Veloster cost?
The cost of insurance for a Hyundai Veloster can vary based on several factors, including your location, driving record, age, gender, credit history, coverage options, and the insurance provider you choose. It is recommended to obtain quotes from multiple insurers to compare prices and find the best coverage that suits your needs and budget.
Is Hyundai Veloster considered a sports car for insurance purposes?
The classification of a Hyundai Veloster as a sports car can vary among insurance providers. While the Hyundai Veloster is known for its sporty appearance, some insurers may not classify it as a sports car, while others might. It’s best to consult with insurance providers directly to understand how they classify the Hyundai Veloster and the associated insurance rates.
Are there any specific insurance considerations for insuring a modified Hyundai Veloster?
Insuring a modified Hyundai Veloster can present additional considerations. If you have made modifications to your vehicle, such as engine modifications, body kit installations, or performance upgrades, it’s important to inform your insurance provider. Some modifications may affect the vehicle’s value, safety features, or increase its risk profile, potentially impacting your insurance coverage and premiums. It’s crucial to discuss modifications with your insurer to ensure proper coverage for your modified Hyundai Veloster.
Are there any specific insurance considerations for leasing or financing a Hyundai Veloster?
If you are leasing or financing a Hyundai Veloster, there may be specific insurance requirements to fulfill. Typically, leasing or financing companies will require you to carry comprehensive and collision coverage to protect the vehicle against damage or loss. Additionally, they may specify certain coverage limits and may require you to list them as a lienholder on the policy. It’s essential to review your lease or financing agreement and consult with your insurance provider to ensure compliance with the required insurance coverage.
Can I transfer my current auto insurance policy to a Hyundai Veloster?
In most cases, you can transfer your current auto insurance policy to a Hyundai Veloster. However, it’s important to notify your insurance provider about the change in your vehicle to ensure that you have the appropriate coverage. They may need to adjust the policy to reflect the new vehicle’s details, such as the VIN (Vehicle Identification Number), year, make, and model. It’s recommended to contact your insurance provider as soon as possible to update your policy after purchasing or acquiring a Hyundai Veloster.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.