Gianetta Palmer is a writer, copywriter, and essayist. Her work has appeared in EverydayHealth.com, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

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Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He also has an MBA from the University of South Florid...

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Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jun 17, 2021

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Are you looking for a new or used Hyundai Veloster? And wondering how much it costs to insure by year? We researched average annual car insurance costs for each model year and have compiled the results for you below.

Hyundai Veloster car insurance facts

  • Average full coverage auto insurance premium: $96/month

  • Most affordable companies: Allied Insurance ($73/month) & Mercury Insurance ($75/month)

  • Veloster car insurance cost vs. average rates: $96 less expensive than the average vehicle

Explore the pricing information below to find how much it will cost you to insure your Hyundai Veloster by model year and auto insurer.

Make sure to comparison shop before making a new car purchase to save money. 

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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Below average Hyundai Veloster insurer costs by state:

Risk factors affecting Hyundai Veloster car insurance rates

The make and model of your vehicle, along with the year of manufacture, are the three most important factors in determining your car’s value, which in turn is the main factor in determining your car insurance premium. Your own personal driving history, age, marital status, credit scoretype of vehicle, coverage levels, and other personal factors are also important components of your car insurance rate.

How to save money on Hyundai Veloster car insurance coverage?

Many driver discounts are available to people through most major auto insurance companies, such as

  • Student discounts

  • Safe drivers

  • Senior discounts

With all Hyundai models, you can get the following car insurance discounts:

  • Passive restraint systems

  • Anti-lock brakes

  • Anti-theft devices

Hyundai automobile brand

Hyundai is a South Korean automobile manufacturer specializing in affordable cars offering the same features and technologies as more expensive Japanese and American brands. The target audience of Hyundai is the young through older generation demanding high tech cars that are fashionable at a low price. All Hyundai automobiles have high safety ratings, with many of their vehicles getting “Top Safety Pick” and 5-star safety and crash test ratings from the National Highway Traffic Safety Administration (NHTSA). The Hyundai Sonata, Elantra, Sante Fe, and Palisade are some of their most popular cars.

Low Hyundai Veloster repair costs equal low car insurance rates

Many consumers are attracted to Hyundai’s low cost, excellent fuel efficiency, and driver-assist technologies, like Hyundai’s SmartSense safety features. Automotive parts are common and less expensive than popular vehicles, like ToyotaHonda, or Subaru. Repairing a Hyundai is lower than average since repair parts are less expensive. For this reason, many Hyundais are going to have lower than average car insurance rates compared to similar cars in their class.

Rapid depreciation for Hyundai Veloster affecting car insurance policies

Another factor to consider for Hyundai is rapid depreciation, affecting auto insurance rates. As your vehicle’s value goes down each year, your auto policy could go down at each renewal. On the other hand, in an auto accident, you need repair parts that rarely go down in price for all Hyundai models. This could put you in a difficult situation position since many car insurance companies will subtract depreciation from the amount paid for your car insurance claim resulting in a situation where your claim payout doesn’t fully cover your repair cost.

Excellent Hyundai IIHS and NHTSA safety ratings decreasing car insurance rates for drivers

Hyundais are known for their safety ratings, safety features, 5-star crash test ratings, driver-assist technologies such as Hyundai’s SmartSense technology innovations and safety, and lower auto insurance rates for drivers with a good driving record, sometimes getting 20% driver discounts for passive restraints and safety features for most Hyundai models. The Hyundai Sonata, Tucson, Kona, and Palisade are the Insurance Institute for Highway Safety (IIHS) “Top Safety Picks,” and the NHTSA consistently gives Hyundai automobiles top safety ratings each year, lowering your car insurance costs.

AutoInsureSavings.org licensed car insurance agents to recommend comprehensive and collision coverage, uninsured motorist coverage, and roadside assistance for new Hyundai automobile owners when buying a car insurance policy.

Make sure to shop around with multiple car insurance carriers before making a new car purchase.

2021 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $1540
Acuity$1599
Allied Insurance$899
Allstate$1287
American Family$1130
Arbella$1205
Country Financial$1309
GEICO$1129
Kentucky Farm Bureau$998
Liberty Mutual$1016
Mercury$905
Nationwide$1030
Progressive$1006
Quincy Mutual$1316
State Farm$936
Texas Farm Bureau$1216
The Hanover$1406
Travelers$1291

Compare all 2021 Hyundai Veloster rates

Average Cost to Insure Per Year

$1151

List Price

$18900

Trims Available

Base - Value Edition - Base engine: 2.0-liter four-cylinder at 147 horsepower with Hyundai SmartSense technology advanced driving assistance system (ADAS) includes Forward Collision Avoidance Assist w/ Pedestrian Detection (FCA), Smart Cruise Control with Stop & Go (SCC), Lane Keeping Assist (LKA), Lane Follow Assist (LFA), Driver Attention Warning (DAW), High Beam Assist (HBA), Rear Occupant Alert (ROA) door logic, Blind Spot Detection (BSD), Blind Spot Collision Avoidance Assist (BCA), Rear Cross-Traffic Collision-Warning (RCCW), Electronic, Stability Control, Traction Control System, Anti-Lock Braking System, Electronic Brake-Force Distribution, Advanced Airbag System, Tire Pressure Monitoring System

2020 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $1536
Allied Insurance$833
Allstate$1215
American Family$1127
Arbella$1139
Country Financial$1280
GEICO$1090
Kentucky Farm Bureau$971
Liberty Mutual$1006
Mercury$891
Nationwide$1027
Quincy Mutual$1309
State Farm$935
Texas Farm Bureau$1159
The Hanover$1384
Travelers$1238

Compare all 2020 Hyundai Veloster rates

Average Cost to Insure Per Year

$1102

List Price

$18800

Trims Available

Base - Value Edition - Base engine: 2.0-liter four-cylinder at 147 horsepower with Hyundai SmartSense technology advanced driving assistance system (ADAS) includes Forward Collision Avoidance Assist w/ Pedestrian Detection (FCA), Smart Cruise Control with Stop & Go (SCC), Lane Keeping Assist (LKA), Lane Follow Assist (LFA), Driver Attention Warning (DAW), High Beam Assist (HBA), Rear Occupant Alert (ROA) door logic, Blind Spot Detection (BSD), Blind Spot Collision Avoidance Assist (BCA), Rear Cross-Traffic Collision-Warning (RCCW), Electronic, Stability Control, Traction Control System, Anti-Lock Braking System, Electronic Brake-Force Distribution, Advanced Airbag System, Tire Pressure Monitoring System

2019 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $1511
Allied Insurance$830
Allstate$1154
American Family$1035
Arbella$1055
Country Financial$1190
GEICO$1002
Kentucky Farm Bureau$916
Liberty Mutual$930
Mercury$833
Nationwide$967
Quincy Mutual$1267
State Farm$870
Texas Farm Bureau$1090
The Hanover$1406
Travelers$1160

Compare all 2019 Hyundai Veloster rates

Average Cost to Insure Per Year

$1060

List Price

$18500

Trims Available

Base - Value Edition - Base engine: 2.0-liter four-cylinder at 147 horsepower with Hyundai SmartSense technology advanced driving assistance system (ADAS) includes Forward Collision Avoidance Assist w/ Pedestrian Detection (FCA), Smart Cruise Control with Stop & Go (SCC), Lane Keeping Assist (LKA), Lane Follow Assist (LFA), Driver Attention Warning (DAW), High Beam Assist (HBA), Rear Occupant Alert (ROA) door logic, Blind Spot Detection (BSD), Blind Spot Collision Avoidance Assist (BCA), Rear Cross-Traffic Collision-Warning (RCCW), Electronic, Stability Control, Traction Control System, Anti-Lock Braking System, Electronic Brake-Force Distribution, Advanced Airbag System, Tire Pressure Monitoring System

2018 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
21st Century $1456
Allied Insurance$825
Allstate$1080
American Family$1033
Arbella$1054
Country Financial$1157
GEICO$987
Kentucky Farm Bureau$902
Liberty Mutual$926
Mercury$830
Nationwide$956
Quincy Mutual$1253
State Farm$861
Texas Farm Bureau$1056
The Hanover$1390
Travelers$1125

Compare all 2018 Hyundai Veloster rates

Average Cost to Insure Per Year

$1053

List Price

$18200

Trims Available

Base - Value Edition - Base engine: 2.0-liter four-cylinder at 147 horsepower with Hyundai SmartSense technology advanced driving assistance system (ADAS) includes Forward Collision Avoidance Assist w/ Pedestrian Detection (FCA), Smart Cruise Control with Stop & Go (SCC), Lane Keeping Assist (LKA), Lane Follow Assist (LFA), Driver Attention Warning (DAW), High Beam Assist (HBA), Rear Occupant Alert (ROA) door logic, Blind Spot Detection (BSD), Blind Spot Collision Avoidance Assist (BCA), Rear Cross-Traffic Collision-Warning (RCCW), Electronic, Stability Control, Traction Control System, Anti-Lock Braking System, Electronic Brake-Force Distribution, Advanced Airbag System, Tire Pressure Monitoring System

2017 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
Allstate$ 1280
Allstate$ 1280
Erie$ 530
Erie$ 530
GEICO$ 749
GEICO$ 749
Nationwide$ 965
Nationwide$ 965
Progressive$ 1379
Progressive$ 1379
State Farm$ 894
State Farm$ 894
Texas Farm Bureau$ 905
Texas Farm Bureau$ 905
USAA$ 1148
USAA$ 1148

Compare all 2017 Hyundai Veloster rates

Average Cost to Insure Per Year

$ 1004

List Price

$ 17900

Trims Available

Base - Value Edition

2016 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1151
Acuity$ 1151
American Family$ 1189
American Family$ 1189
Arbella$ 1195
Arbella$ 1195
Country$ 1189
Country$ 1189
Erie$ 962
Erie$ 962
GEICO$ 1125
GEICO$ 1125
Plymouth Rock Insurance$ 1123
Plymouth Rock Insurance$ 1123
Progressive$ 1094
Progressive$ 1094
Tennessee Farmers$ 1062
Tennessee Farmers$ 1062
Texas Farm Bureau$ 849
Texas Farm Bureau$ 849
USAA$ 975
USAA$ 975
Vermont Mutual$ 1002
Vermont Mutual$ 1002

Compare all 2016 Hyundai Veloster rates

Average Cost to Insure Per Year

$ 1192

List Price

$ 17900

Trims Available

Rally Edition - Base

2015 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1120
Acuity$ 1120
Allied$ 1229
Allied$ 1229
American Family$ 1161
American Family$ 1161
Arbella$ 1211
Arbella$ 1211
Country$ 1184
Country$ 1184
Erie$ 996
Erie$ 996
Plymouth Rock Insurance$ 1095
Plymouth Rock Insurance$ 1095
Progressive$ 1252
Progressive$ 1252
Tennessee Farmers$ 1013
Tennessee Farmers$ 1013
Texas Farm Bureau$ 830
Texas Farm Bureau$ 830
USAA$ 1001
USAA$ 1001
Vermont Mutual$ 962
Vermont Mutual$ 962

Compare all 2015 Hyundai Veloster rates

Average Cost to Insure Per Year

$ 1100

List Price

$ 17900

Trims Available

Base - RE:Flex - RE:FLEX

2014 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
Allstate$ 1550
Allstate$ 1550
Erie$ 885
Erie$ 885
GEICO$ 638
GEICO$ 638
Nationwide$ 1160
Nationwide$ 1160
Progressive$ 1321
Progressive$ 1321
State Farm$ 895
State Farm$ 895
Texas Farm Bureau$ 810
Texas Farm Bureau$ 810
USAA$ 1062
USAA$ 1062

Compare all 2014 Hyundai Veloster rates

Average Cost to Insure Per Year

$ 1078

List Price

$ 17800

Trims Available

Base - RE:Flex

2013 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1041
Acuity$ 1041
American Family$ 1027
American Family$ 1027
Arbella$ 1108
Arbella$ 1108
Erie$ 885
Erie$ 885
GEICO$ 879
GEICO$ 879
Plymouth Rock Insurance$ 1037
Plymouth Rock Insurance$ 1037
Progressive$ 954
Progressive$ 954
State Farm$ 1063
State Farm$ 1063
Tennessee Farmers$ 964
Tennessee Farmers$ 964
Texas Farm Bureau$ 764
Texas Farm Bureau$ 764
USAA$ 822
USAA$ 822
Vermont Mutual$ 886
Vermont Mutual$ 886

Compare all 2013 Hyundai Veloster rates

Average Cost to Insure Per Year

$ 1063

List Price

$ 17450

Trims Available

Base - RE MIX

2012 Hyundai Veloster

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 982
Acuity$ 982
American Family$ 1006
American Family$ 1006
Arbella$ 1096
Arbella$ 1096
Erie$ 860
Erie$ 860
GEICO$ 832
GEICO$ 832
Plymouth Rock Insurance$ 1014
Plymouth Rock Insurance$ 1014
Progressive$ 933
Progressive$ 933
State Farm$ 964
State Farm$ 964
Tennessee Farmers$ 936
Tennessee Farmers$ 936
Texas Farm Bureau$ 791
Texas Farm Bureau$ 791
USAA$ 810
USAA$ 810
Vermont Mutual$ 823
Vermont Mutual$ 823

Compare all 2012 Hyundai Veloster rates

Average Cost to Insure Per Year

$ 1086

List Price

$ 17300

Trims Available

Base