Hyundai Insurance Rates
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Is Hyundai expensive to insure?
The short answer is no. That's because of its low collision and theft risk, plus excellent driving records of its drivers. Plus, it offers some of the lowest deductible options in the business - $250 for Comprehensive coverage on an Elantra GLS sedan with $500 deductible, $350 for Comprehensive coverage with $1,000 deductible on a Sonata SE 2.4L or XG350, and $500 for Basic coverage on the same Sonata with $500 deductible. Optional comprehensive insurance coverages don't come cheap, though: a Hyundai Premium plan costs about 30% more than a standard Hyundai Comprehensive plan.
How much is insurance for a Hyundai?
Hyundai cars come with a good safety rating. A new Hyundai car costs around $20,000, while an affordable used Hyundai car can cost as low as $5,000 as you mentioned that you own a 1993 Hyundai Sonata, which is older than 25 years old, so it is not advisable to drive this car for longer distances at high speeds.
Is Hyundai Assurance free?
Hyundai Assurance is free on all Hyundai models except the Avante, Elantra Coupe, Sonata Sport 2.0T, and Tucson Fuel Cell vehicles.
Which insurance company ties up Hyundai?
This question is currently under investigation, but it has to do with Hyundai's latest model ''Veloster''. According to the report, the insurance company of the involved person was tied up by Hyundai. This seems like an act of planned murder.
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Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
|5-yr Accident Free||$81|
|5-yr Claim Free||$86|
|Paid in Full/EFT||$47|
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Discounts are estimated and may not be available from every company or in every state.