Hyundai Elantra Insurance Cost & Cheap Quotes

Advertiser disclosure

Your trust matters to us. Always.

We believe everyone deserves access to clear, honest, and unbiased information when it comes to insurance decisions. While we don’t include every provider or product available, we work hard to offer guidance that’s well-researched, accurate, and helpful completely free of charge.

So how do we keep the lights on? We may earn compensation from some of the companies we feature or link to. This can influence which products appear and where they’re placed on our site. However, it doesn’t affect our editorial standards. Our reviews and recommendations are based on thorough research, real-world insights, and a commitment to helping you make informed choices. No partner can pay to receive a favorable review.

Updated: March 27, 2025 . 4 min read

Written by Ofir Sahar

CEO & Founder

Ofir Sahar

CEO & Founder

Some of the products on this page come from partners who may compensate us when you click on their links or take specific actions. This helps us keep our content free. That said, our opinions are our own and based on independent analysis.

 

The Hyundai Elantra is designed and manufactured in Korea.it is compared to popular Japanese sedans like the Toyota Camry, Honda Accord , and the Nissan Altima.

The Elantra was first manufactured in 1990. However, these cars became popular in the United States after 2006, when the level of quality and design was improved. Prior to then, the Elantras had a history of being unreliable and prone to repairs.

If you’ve been wondering how much is car insurance for hyundai elantra, then you’ve come to the perfect place. 

Hyundai Elantra Insurance Rates by Model Year

  • 2007 Hyundai Elantra  Insurance Cost: $1,016 per year
  • 2008 Hyundai Elantra  Insurance Cost: $1,052 per year
  • 2009 Hyundai Elantra  Insurance Cost: $1,080 per year
  • 2010 Hyundai Elantra  Insurance Cost: $1,114 per year
  • 2011 Hyundai Elantra  Insurance Cost: $1,130 per year
  • 2012 Hyundai Elantra  Insurance Cost: $1,156 per year
  • 2013 Hyundai Elantra  Insurance Cost: $1,198 per year
  • 2014 Hyundai Elantra  Insurance Cost: $1,248 per year
  • 2015 Hyundai Elantra  Insurance Cost: $1,278 per year
  • 2016 Hyundai Elantra  Insurance Cost: $1,310 per year
  • 2017 Hyundai Elantra  Insurance Cost: $1,330 per year
  • 2018 Hyundai Elantra  Insurance Cost: $1,336 per year
  • 2019 Hyundai Elantra  Insurance Cost: $1,348 per year
  • 2020 Hyundai Elantra  Insurance Cost: $1,358 per year
  • 2021 Hyundai Elantra  Insurance Cost: $1,396 per year
  • 2022 Hyundai Elantra Insurance Cost:  $4,316 per year

Is Hyundai Elantra Expensive to Insure?

A brand-new 2022 Hyundai Elantra costs an average of $4,316 per year for a full coverage insurance policy. The average annual hyundai elantra insurance cost of insurance in the United States is $1,674 per year.

That’s means that the Elantra is almost $2,642 more expensive  than what the average person pays for their auto insurance.

This is partly due to its improved design as well as its considerable safety features which have resulted in the car becoming an IIHS Top Safety Pick .

Is the Hyundai Elantra Reliable?

Yes.The Hyundai Elantra has earned a reputation for being an incredibly reliable car, especially in regards to its engine longevity. This has made them a viable competitor to Toyota’s long-lasting Camry

Elantras from 2012 and higher have been regularly reported to reach 200,000 to 300,000 miles before needing a rebuild.

In addition, there have even been a couple of engines that have reached as high as a million miles with regular servicing.

Do Hyundai Elantras Hold Their Value?

While the Elantra is affordable and reliable, they do not hold their value for a long time. In fact, within about five years of ownership with regular mileage and standard wear and tear, most Hyundais depreciate by around 45-50%.

That being said, they may not make a great car to flip, but you do get a good bang for your buck.

 Additionally, the depreciation means that parts and repairs are generally cheaper as well as total loss payouts. This typically translates to lower insurance rates for a full coverage policy.

Top Factors That Effect Car Insurance for Hyundai Elantra

The rates shown above reflect a national average that was taken by averaging the rates paid by older drivers (30 to 40-years-old) with clean driving records.

 Ultimately, though, the rate that you pay will be determined by several key factors.  Let’s take a couple of minutes to break down some of the top factors that affect your insurance cost.

Driver Age

As a younger driver, expect to pay at least double what you would pay as an older driver.  This is due to the fact that the teenage brain has not yet fully developed, and they’re more prone to risk-taking 

. Additionally, younger drivers typically have less experience behind the wheel and may not be quite as aware as more experienced drivers.

Driver location

The city you live in will likely play a big role in your insurance costs. For example, if you want a full coverage policy on your Elantra in Los Angeles, California, then you’ll pay upwards of $2,300 per year 

. This is mostly due to the fact that certain cities have higher rates of accidents and insurance payouts. This, in turn, contributes to a higher cost of insurance for drivers in the area.

Level Of Coverage Desired

Another major factor in your annual premium fees is the level of coverage that you require. If you just want basic liability coverage on your 2020 Elantra, then you probably won’t pay more than $400 per year. 

On the other hand, if you want a full coverage policy that features additional collision insurance, comprehensive coverage, personal injury protection, etc., then you’ll pay double or triple that amount.

 

About the author

Ofir Sahar

Ofir is the founder and CEO of Insuranks. He established Insuranks in 2019 from scratch and has been running educational insurance websites since 2009 on a mission to help businesses...See full bio.

Recent Reviews

Recent Posts


Additional Auto Insurance posts

Become a voice

Do you have U.S. insurance expertise/experience? Would you like to become a voice at Insuranks, help businesses and individuals, and showcase your authority online? Write us!