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Icon CheckLast updated: January 13, 2023

The Best Auto Insurance for Hyundai

Best Overall
State Farm Logo

State Farm offers some of the most competitive rates for Hyundais. With above-average customer satisfaction ratings from J.D. Power for multiple years in a row, it’s a strong choice.1

Best for Families With Young Drivers
Allstate Logo

Allstate offers a number of opportunities for drivers to earn its student discount, making it a good option for families with young drivers. It also offers robust roadside assistance services.

Hyundai is known for making safe and reliable vehicles, mostly sedans and SUVs, at an affordable cost. Hyundai vehicles also tend to be relatively affordable to insure, but how much you pay for auto insurance depends on the Hyundai model you own. For example, a used Tucson costs less to insure than a brand-new Ioniq. Car insurance rates by model vary with any manufacturer, not just Hyundai.

The best way to find the cheapest car insurance is to compare car insurance quotes from multiple companies. We’re here to walk you through the best car insurance companies with the most affordable rates for your Hyundai.

Comparison of the Best Auto Insurance for Hyundai

Provider What it’s best for Discounts Average annual cost to insure a Hyundai Tucson Average annual cost to insure a Hyundai Elantra Average annual cost to insure a Hyundai Ioniq Our comprehensive review
State Farm Overall Accident free, bundling, defensive driver, clean record, vehicle safety ratings, passive restraint, anti-theft, multiple vehicle, student, telematics $1,151 $1,290 $1,440 State Farm review
Allstate Families with young drivers Anti-lock brakes, anti-theft, multiline, automatic payment, bundling, new car, paperless, early signing, pay in full, responsible payer, safe driver, student, telematics $2,021 $1,565 $1,950 Allstate review
USAA Military Anti-theft, safety features, bundling,

clean record, driver education, defensive driver, low mileage, park at military installation, new car, loyal member, student, telematics

$1,257 $1,051 $1,200 USAA review
Liberty Mutual Additional coverage Bundling, claims free, clean record, homeowner, military, early shopper, preferred payment, online purchase, paperless, multiple vehicle, student, telematics Unknown Unknown Unknown Liberty Mutual review
Acceptance High-risk drivers Clean record, student, claims free, defensive driver, paperless billing, multipolicy, multivehicle,

low mileage, telematics

Unknown Unknown Unknown N/A

Summary of the Best Auto Insurance for Hyundai

  1. 1.

    Best Overall: State Farm

  2. 2.

    Best for Families With Young Drivers: Allstate

  3. 3.

    Best for Military: USAA

  4. 4.

    Best for Additional Coverage: Liberty Mutual

  5. 5.

    Best for High-Risk Drivers: Acceptance Insurance

Detailed List of the Best Auto Insurance for Hyundai

1. Best Overall - State Farm

What We Like Most:

  • Local agents
  • Rideshare insurance available
  • Discounts for having multiple cars

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.

ProsWho It's Best For
  • pro
    Customers looking for discounts and low-cost insurance
  • pro
    Drivers of hybrid or all-electric Hyundai cars
  • pro
    Rideshare drivers
  • pro
    Families with multiple vehicles
ConsWho It's Not Best For

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

Rideshare Options

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.

Coverage Bodily injury and property damage liability Collision, comprehensive, emergency roadside assistance, rental reimbursement Medical payments
App is on (Period 1) State Farm State Farm State Farm
Matched with customer (Period 2) Rideshare company State Farm State Farm
Transporting customer (Period 3) Rideshare company State Farm State Farm
2. Best for Families With Young Drivers - Allstate

What We Like Most:

  • Low rates for teen drivers
  • A+ rating from AM Best means financial stability
  • Great customer service

If your household has a young driver behind the wheel of your Hyundai, Allstate is a good choice. Its discounts can reduce your premiums, while its roadside service coverage offers peace of mind that your loved ones are protected on the road.

ProsWho It's Best For
  • pro
    Families with drivers under age 25
  • pro
    Customers looking to purchase roadside assistance
  • pro
    People who regularly travel to Mexico
  • pro
    Families with RVs
ConsWho It's Not Best For
  • con
    Drivers over 25
  • con
    People with credit scores under 600

Ways for Young Drivers to Save

Hyundai vehicles are a practical choice for families with young drivers. In fact, in its roundup of the safest vehicles for teenage drivers, the Insurance Institute for Highway Safety named several Hyundai models:

  • Hyundai Kona
  • Hyundai Genesis
  • Hyundai Santa Fe
  • Hyundai Tucson
  • Hyundai Palisade4

After safety, the next concern for many families is cost. If you’re looking for ways to save on car insurance for a young driver, Allstate is unique in offering several paths toward earning its student discount. Notably, it does not require the driver to be a full-time student to receive the 20 percent savings.

To apply, young drivers must be less than 25 years old and unmarried, and fulfill one of the following criteria:

  1. Complete the TeenSMART driver education program.
  2. Go to school at least 100 miles away from home, or wherever the car is garaged.
  3. Attend school full-time and hold a GPA of at least 2.7 (a B-minus average).

Roadside Offerings

For families with younger and less experienced drivers, roadside assistance can offer invaluable peace of mind. Allstate offers three roadside assistance plans, as well as a pay-per-use option.

Coverage level Pay-Per-Use Roadside Advantage Roadside Elite Roadside Assistance Add-on Coverage
Coverage type One-time Membership Membership Policy add-on
Monthly payments for the first year n/a $8 $14 About $25
Total payments for the first year n/a $89 $164 n/a
Renewal pricing for the second year n/a $105 $179 n/a
Towing $119 for a five-mile tow, $5 for each additional mile Up to 10 miles, five times a year Up to 100 miles, five times a year Included
Fuel delivery $79 Included Included Included
Jump-starts $79 Included Included Included
Tire changes $84 Included Included Included
Lockout service $79 Included Included Included

STATS


Around four in five drivers hold some form of roadside coverage, but when faced with a roadside emergency, only about one in three who have coverage choose to use it. Some are concerned that using the services will cost more than contacting a service provider directly — however, the opposite is usually true.5

Mexico Car Insurance

If you’re planning a trip to Mexico in your Hyundai, it’s important to adhere to Mexico’s insurance requirements. Allstate partners with insurance providers in Mexico to provide the needed additional coverage.

When you purchase Mexico tourist insurance, you can get the following coverages, provided you hold similar coverages on your separate domestic policy:

  • Bodily injury and property damage liability (up to $500,000)
  • Physical damage and theft (similar to comprehensive and collision)
  • Medical payments
  • Legal assistance if you’re involved in an accident
  • Loan/lease payoff for a totaled new Hyundai
  • Roadside assistance
  • Medical evacuation

You can purchase these coverages whether you drive your own Hyundai, or rent another car in the U.S. and drive it into Mexico.

3. Best for Military - USAA

What We Like Most:

  • Lowest rates for military members, veterans, and their families
  • Rideshare insurance available
  • Usage-based insurance available for low-mileage drivers

USAA offers financial services, including auto insurance, to military members and their families. It’s known for competitive rates and holds an A++ financial strength rating from AM Best, meaning you can count on the company to pay for claims.

ProsWho It's Best For
  • pro
    Active military members, veterans, and their families
  • pro
    Customers seeking low rates
  • pro
    Hyundai owners who want to upgrade their vehicles in the event of total loss
  • pro
    People who plan to purchase roadside coverage
ConsWho It's Not Best For
  • con
    People not affiliated with the U.S. military
  • con
    Rideshare drivers

TIP


In addition to spouses and children, individuals eligible for USAA membership include unmarried former spouses, stepchildren, and widow(er)s of USAA members. Parents and siblings of members are not eligible.

Competitive Auto Insurance Rates

The exact cost of insuring a Hyundai with USAA depends on the model, year, location, and other factors — but in general, USAA offers low rates. This provider offers the lowest rates to insure a Hyundai Elantra, at around $1,050 annually. That’s $240 less than the next cheapest provider’s rate.

In addition, USAA offers the following discounts:

Discount Savings
Bundle auto and property 10%
Garage at military base 15%
Low mileage or put your car in storage Not specified
Good student Not specified
Automatic payments 3%
Legacy customer (parents have a USAA policy) 10%
Insure multiple vehicles Not specified

Better Car Replacement Coverage

A recent survey found that for over a decade, Hyundai customers have been the most loyal among automakers.6 In the event of a total loss, if you want to stick with your Hyundai and give it an upgrade (or buy a vehicle of another make), USAA has you covered. When you purchase car replacement assistance coverage, USAA will give you an extra 20 percent of the actual cash value of the car. To purchase this coverage, you must also carry collision and comprehensive, and cannot lease your vehicle.

Emergency Roadside Services

If your Hyundai breaks down, USAA offers the following emergency roadside services:

  • Towing (up to 50 miles)
  • Winching for a stuck vehicle
  • Jump-starting
  • Fuel delivery (cost of fuel not included)
  • Lockout assistance
  • Flat tire change (spare required)

Services are free if you purchase roadside assistance coverage. However, even if you don’t hold coverage, USAA offers services at negotiated rates, which it claims are usually lower than what you pay by contacting the service provider directly. In addition to the United States, USAA offers roadside services in Mexico (within 75 miles of the border), Canada, and in the base country where the policy is issued for deployed members.

4. Best for Additional Coverage - Liberty Mutual

What We Like Most:

  • Save up to 30 percent with driver monitoring program
  • Cheap average rates
  • Over 2,000 local agents throughout the U.S.

Liberty Mutual partners with Hyundai to offer discounted insurance rates for Hyundai owners. The special offering includes several additional coverages, which makes it a good choice for customers who want a policy beyond the minimum requirements.

ProsWho It's Best For
  • pro
    People who want additional coverage, like better car replacement
  • pro
    Drivers of new or leased Hyundais
  • pro
    Customers looking for discounts and lower deductibles
  • pro
    Military members and teachers
ConsWho It's Not Best For
  • con
    People who only want to purchase minimum coverage
  • con
    Customers looking for the cheapest rates

Hyundai Power Protect

Liberty Mutual and Hyundai offer a special insurance package called Hyundai Power Protect. Liberty Mutual claims that Hyundai owners can save around $650 when they switch to this plan from other providers.7 The plan offers full coverage, along with the following benefits:

  • Better car replacement: If your Hyundai is totaled, Liberty Mutual will pay for you to upgrade to a vehicle that is one model year newer.
  • Roadside assistance: Liberty Mutual offers 24-hour roadside assistance if your Hyundai breaks down.
  • Replacement parts: If your Hyundai is damaged, Liberty Mutual will pay for the original manufacturer parts.
  • Accident forgiveness: Your premiums will not increase after your first at-fault accident.

Discount Options

While Liberty Mutual isn’t known for offering the absolute cheapest rates, it offers an array of discounts that can lower your bill. You can earn discounts for the following:

  • Being an active or retired military member, or on reserve duty
  • Owning a home or condo
  • Getting a quote before your current policy expires
  • Attending school full-time with a B average or higher
  • Attending school away from home and only driving occasionally
  • Being claims- and violation-free
  • Tracking your driving with the RightTrack app (up to 30 percent savings)
  • Bundling multiple policies
  • Insuring multiple vehicles
  • Enrolling in automatic payments or paying for your policy in one or two payments
  • Completing your auto insurance purchase online (up to 12 percent savings)
  • Going paperless

Lowering Your Deductible Over Time

Hyundais are known for their affordability. If you bought your Hyundai with your budget in mind, consider opting into Liberty Mutual’s deductible fund. That way, if you need to file a claim, you’ll have less to pay before your coverage kicks in. Here’s how it works:

  1. You pay an extra $30 in premiums each year, or $2.50 monthly, toward the fund.
  2. Liberty Mutual contributes $70 to the fund annually.
  3. Each year, your deductible reduces by $100. For example, let’s say you have a $500 deductible. After the first year in the program, your deductible lowers to $400. After two years it lowers to $300, and so on.
  4. If you need to file a claim, you pay a lower deductible, and the fund resets.
5. Best for High-Risk Drivers - Acceptance Insurance
acceptance insurance logo

What We Like Most:

  • Accepts high-risk drivers
  • Bundle with renters', homeowners', or pet insurance
  • Good for those with bad credit

If you have an SR-22, poor credit, or another designation that makes finding insurance difficult, consider Acceptance for your Hyundai.

ProsWho It's Best For
  • pro
    Hyundai drivers with DUIs, a history of violations/accidents, or SR-22s
  • pro
    People with credit scores under 600
  • pro
    Customers interested in a unique ticket reimbursement coverage
  • pro
    Older and younger drivers
ConsWho It's Not Best For
  • con
    Drivers not designated high risk
  • con
    Customers who prioritize a provider’s financial strength, as Acceptance holds only a B rating from AM Best
  • con
    People who don’t live in one of the following states:
    • Alabama
    • Arizona
    • California
    • Florida
    • Georgia
    • Illinois
    • Indiana
    • Mississippi
    • Missouri
    • Nevada
    • New Mexico
    • Ohio
    • Pennsylvania
    • South Carolina
    • Tennessee
    • Texas
    • Virginia

Insurance for High-Risk Individuals

If you fall into any of the following categories, you may buying auto insurance for your Hyundai difficult:

  • You have a history of DUI convictions, at-fault accidents, or traffic violations.
  • You have low credit (a score of under 600).
  • You park your car in an area with high rates of theft or vandalism.
  • You have a limited driving history (including teen or new drivers).
  • You don’t have an insurance record, or your record shows late payments or a violation of insurance terms.

Providers can turn you away if they feel you represent too high of a risk to insure. Acceptance specializes in nonstandard insurance, meaning it takes on drivers with high-risk designations. Additionally, as with many insurers, if you need an SR-22, Acceptance will file it for you. It offers all of the standard coverages:

  • Bodily injury and property damage liability
  • Personal injury protection and medical payments
  • Uninsured or underinsured motorist
  • Collision and comprehensive
  • Roadside assistance
  • Rental reimbursement

Unique Roadside Coverage Package

A Hyundai Veloster can reach 60 mph in fewer than five seconds, with a top speed of 155 mph. While its performance is impressive, it doesn’t always bode well for speeding tickets.8 If you’re concerned about the cost of tickets on your budget (whether for speeding or another violation), consider purchasing Acceptance’s roadside coverage.

Most insurance providers offer roadside assistance and rental reimbursement coverages, but typically, you’ll have to buy them separately. Acceptance is unique in that it offers a combined roadside and rental offering — plus an uncommon ticket reimbursement perk.

Plan Towbusters Towbusters Plus
Monthly cost $13 $15
Towing up to 25 miles in-network ($75 reimbursement out-of-network) Included Included
Jump-starts Included Included
Lockouts Included Included
Tire change (spare required) Included Included
Fluid delivery (gas, coolant, or oil; cost of materials not included) Included Included
Claims per year Five Five
Rental reimbursement Not included 10 days at $25 per day
Traffic ticket reimbursement Not included $100 each, twice per year
Legal fees associated with ticket Not included $200, once a year
Required defensive driver course reimbursement Not included $250, once a year

Acceptance’s roadside assistance is available in the U.S., Canada, and Puerto Rico.

Other Insurance Options

With roomy interiors and raised suspensions for a smooth ride, the Hyundai Kona and Tucson make great cars for dog owners. In addition to auto coverage, Acceptance sells pet insurance. It includes the following plans:

  • Accident only
  • Accident and illness
  • Wellness and preventative care
  • Add-ons for physical therapy, acupuncture, cancer treatment, etc.

In addition to pet insurance, Acceptance also offers the following policies and subscriptions:

  • Commercial
  • Homeowners and renters
  • Hospital indemnity
  • Life
  • Motorcycle
  • Outdoor vehicle
  • Telemedicine
  • Travel

Methodology

We use a three-part methodology to determine the best auto insurance providers for Hyundais.

  1. Company data: We compile information on each insurance provider’s coverages, cost, availability, and discounts. Additionally, we consider information from independent sources on companies’ customer satisfaction and financial strength. These include the National Association of Insurance Commissioners, J.D. Power, S&P Global Ratings, Moody’s, AM Best, and the Better Business Bureau. We prioritized the companies that offered the best coverage for Hyundai vehicles at the lowest cost.
  2. Proprietary information: At AutoInsurance.com, we have 20 years of experience matching customers with the best policies for their needs and budget. Our database includes millions of data points from customer transactions. We analyze the data to identify factors that predict success for each provider, specifically for Hyundai drivers.
  3. Institutional knowledge: Our team of experts is knowledgeable of each auto insurance provider’s weaknesses and strengths. We also benefit from the expertise of Paul Ford, president of insurance services at Centerfield (AutoInsurance.com’s parent company). Paul has three decades of experience in the auto insurance industry, including tenures with Bankrate, InsLogic, Datalot, NetQuote, Capital One Insurance Services, and Canadian Access.

Frequently Asked Questions

What is the average insurance cost for a 2022 Hyundai Tucson?

The average insurance cost for a 2022 Hyundai Tucson is between $1,450 and $1,700 annually, or about $120 to $140 per month. A Tucson is one of the cheaper Hyundai models to insure.

Why are Hyundai Elantras so expensive to insure?

Hyundai Elantras tend to have higher repair costs than other cars, which can increase auto insurance premiums. Additionally, in 2021, Hyundai redesigned the Elantra, upgrading its styling, technology, and safety features, which further increased some repair costs.

How much does it cost to insure a Hyundai Palisade?

A Hyundai Palisade costs about $2,000 each year to insure, or just under $170 monthly. A Palisade is one of the pricier Hyundai models to insure. Make sure you compare quotes from multiple providers to find the cost of car insurance, whether you want the minimum or full coverage car insurance.

Citations

  1. Usage-Based Auto Insurance Takes Center Stage as Satisfaction Flatlines, J.D. Power Finds. J.D Power. (2022, Jun 13).
    https://www.jdpower.com/business/press-releases/2022-us-auto-insurance-study

  2. How many EVs does Hyundai have? CMA Hyundai of Winchester. (2021, Jun 18).
    https://www.cmashyundaiofwinchester.com/blog/how-many-evs-does-hyundai-have/

  3. It can be easier being green with electric car insurance. State Farm. (2023).
    https://www.statefarm.com/insurance/auto/electric-car-insurance

  4. Safe vehicles for teens. Insurance Institute for Highway Safety (IIHS). (2022, May 26).
    https://www.iihs.org/ratings/safe-vehicles-for-teens

  5. THE ROADSIDE (MIS)PERCEPTION PROBLEM: WHY ONLY 1 IN 3 DRIVERS USES THEIR COVERAGE TO RESOLVE AN EVENT. Agero. (2021, Aug 26).
    https://blog.agero.com/the-roadside-misperception-problem

  6. Consumer – Brand Expectation Gap Widest In 25 Years With Notable Shifts in Rational/Emotional Behavior Ratio. Brand Keys. (2022, Jan 24).
    https://brandkeys.com/wp-content/uploads/2020/11/PRESS-RELEASE-2022-CLEI-Loyalty-Hall-of-Fame-OVERVIEW.pdf

  7. OFFERS. Hyundai. (2022).
    https://www.hmfusa.com/offers-insurance/?icid=menu5

  8. The Top 10 Fastest Hyundai Cars Made For The U.S.. CarHP. (2022, Nov 17).
    https://www.carhp.com/news/the-top-10-fastest-hyundai-cars-made-for-the-u-s