State Farm earns its place as the most popular insurer in the U.S. due to its low rates, financial solidity, and customer satisfaction. It’s a great choice for any Hyundai model.
Affordable Rates for Your Hyundai
The average cost of full coverage for a Hyundai vehicle with State Farm is about $1,350 each year, or a little over $110 monthly, which makes it one of the cheapest options available. You can also save money on premiums by taking advantage of the discounts available with State Farm:
- Bundling: Reduce your premiums by shopping for all your insurance needs with State Farm — whether it’s renters insurance, homeowners insurance, life insurance, or another product.
- Drive Safe & Save: When you track your driving habits with the State Farm app, you can save up to 30 percent on premiums, plus an initial discount at sign-up.
- Defensive driver course: Get a discount when you complete an approved course on defensive driving.
- Good driver/accident-free: If you’re free of moving violations and at-fault accidents for at least three years in a row, you’ll earn a discount. Your savings may increase the longer you go without a violation or accident.
- Multiple vehicles: If your household owns an additional vehicle, whether it’s a Hyundai or another make, add it to your existing policy and save.
- Safe vehicle: Hyundai vehicles are known for their safety features, which can also lower your auto insurance bills.
Coverage for Electric Vehicles
Like many auto manufacturers, Hyundai offers several models of electric vehicles. The following models are fully electric:
- Ioniq 5
- Ioniq Electric
- Kona Electric
Hyundai also makes the following plug-in hybrids:
- Ioniq Plug-in Hybrid
- Santa Fe Plug-in Hybrid
- Tucson Plug-in Hybrid2
DID YOU KNOW?
Commercially available since 2008, plug-in hybrids offer a larger battery and greater range than traditional hybrids while retaining a gas-powered option if needed.
One of the benefits of a State Farm policy is that it can cover an at-home charging station as part of your comprehensive and collision coverages. Sometimes other providers require you to purchase homeowners insurance before you can insure the station.
If you hold a homeowner’s policy with State Farm, installing an at-home charging station will not affect your policy. Additionally, State Farm’s emergency roadside coverage includes towing to the nearest charging location if your vehicle ever runs out of battery, and some service providers might even have a portable electric car charger to get you moving again.3
With strong fuel efficiency and safety ratings, Hyundai vehicles are often a good choice for rideshare drivers.
If you work for Uber, Lyft, or another rideshare service, it’s wise to purchase rideshare coverage. Rideshare companies must offer some insurance coverage, but often it’s not enough. State Farm’s rideshare coverage extends the protections of your personal policy to the times when you’re driving for rideshare services. Unlike some competitors, State Farm’s coverage extends through all three rideshare periods, not just the first period while you’re waiting to match with a customer.
||Bodily injury and property damage liability
||Collision, comprehensive, emergency roadside assistance, rental reimbursement
|App is on (Period 1)
|Matched with customer (Period 2)
|Transporting customer (Period 3)