Hyundai Veloster Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Hyundai Veloster is more expensive to insure than the average car.

• Full coverage for a Veloster normally tends to be about $183 monthly, while liability only car insurance premiums tend to be around $87 a month.

• The lowest auto insurance company for a Veloster is Commonwealth Casualty.

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Veloster Overview

Coming in with a base MSRP of $18,900 for new 2021 models, the Hyundai Veloster is a great car for all budgets. With three different trim levels currently available, there's an option for every driver.

Based on looking at thousands of insurance quotes from Compare.com, we've found that Hyundai Veloster auto insurance rates run about $175 monthly, on average. How do insurance prices for the Veloster stack up against other similar cars?

How Much is Car Insurance for a Hyundai Veloster?

Veloster drivers typically pay around $87 per month for liability insurance, and about $183 a month for full coverage, which has comprehensive and collision coverages in addition to liability (take a look at our guide, "State Minimum vs. Full Coverage", to learn more about the difference between these types of insurance).

Compared to other Hyundai models, the Veloster is slightly more expensive, with rates more than 5% higher than the rest of the automaker's vehicle lineup. Similarly, compared to other vehicles of a similar body style, Veloster coverage is higher than average, with both liability only and full coverage insurance averaging more expensive prices than other cars.

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Who has the Cheapest Car Insurance for a Hyundai Veloster?

If you're looking for an auto insurance policy for a Hyundai Veloster, you're probably most interested in which carrier offers the cheapest prices. Although there will never be one company that has the cheapest rates for everyone, the lowest average rates for liability only insurance are sometimes just $31 a month from MetroMile. With car insurance as low as just $37 per month, Hugo is the next most affordable car insurance carrier.

Fiesta, American Family, and Workmens finish off the rest of the top 5. However, just because these five carriers offer the lowest average rates doesn't necessarily mean they'll be the cheapest companies for you and your unique insurance profile.

Insurance carriers use a whole range of different variables and complex formulas to calculate premiums. Since every driver is different, there's only one way to make sure you get the cheapest premiums, and that's by getting personalized quotes and comparing rates from a bunch of auto insurance companies.

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What Factors Affect Car Insurance Rates for a Hyundai Veloster?

There are many variables that insurance carriers examine to decide how much they charge you for a policy -- and each company uses a different method, so there's not just one carrier that's the most affordable for everyone.

The following sections show a wide array of things car insurance companies use to determine rates:

Vehicle Age

The Hyundai Veloster has been around for a while -- that means vehicle age will likely make a big difference in what you end up paying for auto insurance. Typically, older cars will be cheaper to insure because they're worth less than newer models, and as time goes on and Velosters begin to depreciate, insurance costs will gradually get lower.

Based on the information in the table above, the Hyundai Veloster is not quite in line with this trend, as the cheapest models to insure are those that are 2 to 3 years old, while on average, the most expensive Velosters are 8 to 10 years old.

Your Age

Age makes a difference in how much you pay for car insurance. Based on the information above, younger Veloster drivers pay more expensive premiums compared to drivers who have more experience. In this case, drivers who are 18 to 24 pay $36 more than those 25 or older.

Auto insurance prices continue to go lower as you get older, with the cheapest age group being 45-54 for Veloster drivers.

Your Gender

Did you know men tend to pay more for insurance than women? This is because men are more likely to get into accidents and get tickets, which raises the chances of an insurance claim. The Hyundai Veloster is no different, and men pay around 6% more than women a month for car insurance.

Where You Live

You were probably already aware that factors such as what vehicle you drive and how old you are play a role in your insurance rates, but did you know that where you live can be just as important? Car insurance is regulated on the state level and not nationally, so prices can fluctuate quite a bit depending on what state you live in.

For example, the average Hyundai Veloster driver in New York pays about $178 monthly for liability coverage. Meanwhile, on average, the same owner from California will pay less than a third of that price. The chart shows average premiums for the top 10 most populous states, just to give you a good idea of how much rates can change from state to state.

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Hyundai Veloster Car Insurance Discounts

Regardless of how old you are, where you live, or what car you drive, using as many discounts as possible when it comes to your auto insurance is always important when shopping around for a new policy.

While no two insurance carriers offer the same exact discounts, there are a few different ones that you'll find with most companies. These include things like:

• Multi-policy discounts for getting both your home and auto policies from the same company
• Vehicle safety discounts for having a vehicle with certain safety features (like air bags or anti-lock brakes) or one with higher safety ratings
• Pay-in-full discounts for drivers who choose to pay their entire policy price at once, rather than in monthly installments
• Multi-car discounts for having more than one vehicle on your auto policy

But these aren't the only discounts auto insurance carriers offer to their customers. Often, it's actually your driving history and insurance profile that get you the best rates.

Even though you don't have control over every factor car insurance carriers look at to calculate premiums (like some of the ones mentioned above), there are quite a few that you can influence. Below are just a few of the things you can use to your advantage in order to save money on insurance:

Your Driving Record

You've most likely observed ads from auto insurance companies offering big discounts for responsible drivers. It checks out that your car insurance prices will go up if you get into an accident or get a ticket for speeding. But exactly how much is it going to cost you for these infractions?

Based on the table above, accidents will usually cost Veloster drivers more than tickets, but both will result in above average rates. Hyundai Veloster drivers with a single ticket will pay about $102 per month, while drivers with one accident on their record pay an average of $113 a month (up $26 from the $87/mo. overall average). Drivers with more than one of either violation will end up paying even more.

How Much You Drive

Another variable you have control over is the total distance you drive. Those who are on the roads less often have fewer opportunities to get into an accident, so they'll usually get more affordable premiums. Based on the table above, you can see that Hyundai Veloster owners who drive less than 2,500 miles pay $99 for auto insurance, while those who drive between 5,000 and 7,500 miles per year pay about $74 a month.

If you work from home or drive less often than the average driver, it may be worth getting pay-per-mile or usage-based car insurance. With these policies, you pay a small base rate each month, with your final monthly bill being calculated based on how many miles you drove.

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How Do Hyundai Velosters Compare to Other Vehicles?

If you're thinking about buying a Hyundai Veloster, you might want to know how it compares to other cars. Auto insurance is just one cost that comes with buying a new car, but it's definitely one that's worth thinking about carefully.

Review the table below to see how the Hyundai Veloster compares:

As you can see, a Hyundai Veloster is a great value when it comes to overall price tag. The Veloster starts at $18,900, which is quite a bit lower than the national average vehicle MSRP of $46,223.

But while the purchase price is on the lower end of the spectrum, insurance prices are higher when compared to the rest of the vehicle market. Liability insurance for a Hyundai Veloster is around $8 per month more than average, while full coverage is over $30 more monthly.

When it comes to usage, Hyundai Veloster owners drive more miles annually than the national average, with 13,498 miles every year compared to 11,673 for all vehicles.

Hyundai Veloster Car Insurance Costs by Model Year

So far, you've seen how different factors have an impact on how much the average driver pays to insure a Hyundai Veloster. If you're considering buying a new Veloster, knowing what you can expect to pay for the specific vehicle you're looking at can be extremely valuable as you weigh your choices.

So we've crunched the numbers and broken down Hyundai Veloster car insurance rates by model year. Choose a specific Veloster model year in the dropdown below and see average rates for both full coverage and liability only insurance, as well as some other helpful info, like which trim levels are offered, the base MSRP, and who offers the lowest policies for each Veloster model year.

Choose Your Model

2021 Hyundai Veloster Car Insurance 2020 Hyundai Veloster Car Insurance 2019 Hyundai Veloster Car Insurance 2017 Hyundai Veloster Car Insurance 2016 Hyundai Veloster Car Insurance 2015 Hyundai Veloster Car Insurance 2014 Hyundai Veloster Car Insurance 2013 Hyundai Veloster Car Insurance 2012 Hyundai Veloster Car Insurance

2021 Hyundai Veloster Car Insurance

As we saw above, the Hyundai Veloster is a great budget option for someone looking to buy a brand new car.

When it comes to insuring a Veloster, it costs about $199 a month, on average, to buy full coverage insurance for a 2021 Hyundai Veloster and $89 monthly for a liability only policy. And if you want the most affordable insurance possible, Hugo offers liability only policies for as cheap as just $20 per month.

While it's helpful to know how much the average driver pays for insurance, a personalized quote is the only way to know exactly how much insurance will cost you. Luckily, with Compare.com you can compare quotes from a variety of carriers at once, all for free. Simply enter your ZIP code below, answer a few questions, and unlock your best rates in minutes.

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2020 Hyundai Veloster Car Insurance

If you're looking to buy a 2020 Veloster or already own one, you can expect an average auto insurance premium of around $249 for full coverage or $93 for a liability only policy.

And if you're just looking for the cheapest insurance for your Veloster, Hugo offers liability only policies for as little as just $29 a month.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

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2019 Hyundai Veloster Car Insurance

The average cost to insure a 2019 Hyundai Veloster with liability only coverage is $82 monthly, while full coverage runs about $193 per month.

If you're looking for the lowest possible 2019 Hyundai Veloster insurance policy, Hugo offered the lowest policy we found, with rates sometimes as cheap as $29 a month.

Want to know exactly what your car insurance rate will be? Get lots of customized quotes for free by just entering your ZIP code below.

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2017 Hyundai Veloster Car Insurance

On average, drivers who own a 2017 Veloster can expect to pay $79 to $206 per month for liability only and full coverage auto insurance, respectively.

With prices sometimes as low as $29 monthly, Clearcover offered the cheapest policy we found.

And if you want more accurate rates tailored specifically to you, just enter your ZIP code below and get free quotes in minutes.

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2016 Hyundai Veloster Car Insurance

It costs around $90 per month for liability or $183 for a full coverage policy for the 2016 Hyundai Veloster.

Hugo offered the lowest policy we found, with rates as low as $25 monthly.

Want to know just how much you'll pay? Enter your ZIP code below to get multiple free customized quotes.

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2015 Hyundai Veloster Car Insurance

You can expect full coverage for a 2015 Veloster to run about $171 a month, while liability only coverage will average around $84 monthly.

We found Hugo offered the most affordable policy, with rates sometimes as little as $21 a month.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get several free quotes in minutes.

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2014 Hyundai Veloster Car Insurance

2014 Hyundai Veloster drivers can expect to pay an average of $69 per month for liability or $170 for full coverage.

Commonwealth Casualty has rates as cheap as $21 monthly for the 2014 Hyundai Veloster.

If you want to know exactly how much you can expect to pay for your Veloster, just enter your ZIP code below and get several free quotes in minutes.

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2013 Hyundai Veloster Car Insurance

The average cost to insure a 2013 Veloster with liability only coverage is $92 a month, while full coverage runs about $181 per month.

With premiums as little as $23 a month, Liberty Mutual offered the cheapest policy we found for the 2013 Hyundai Veloster.

Interested in exactly how much you'll pay? Get several personalized quotes for free by just entering your ZIP code below.

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2012 Hyundai Veloster Car Insurance

On average, drivers who own a 2012 Hyundai Veloster can expect to pay $92 to $170 per month for liability only and full coverage car insurance, respectively.

Looking for the lowest policy? Liberty Mutual offered liability only coverage for sometimes as low as $24 monthly.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.

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Hyundai Veloster Insurance FAQs

Is a Hyundai Veloster expensive to insure?

The Hyundai Veloster is more expensive to insure compared to the average vehicle. Liability insurance runs an average of $87 per month, while full coverage will cost you around $183.

How can I get the best price on car insurance for my Hyundai Veloster?

The only way to make sure you're getting the most affordable price on auto insurance is to regularly shop around and compare quotes from a lot of companies. Over time, your driver profile changes, so it's a good rule of thumb to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from a whole bunch of carriers at once, meaning you can find the lowest rates (or guarantee you already have the best deal) for free.

Does the color of my Hyundai Veloster affect my insurance rates?

You've probably heard that it costs more to insure red cars than silver or white ones, but that's actually not true. There are lots of variables insurance companies examine when they offer you a premium, but the color of your Veloster is not factored into that decision.

Do I need to have insurance before I buy a Hyundai Veloster?

Before you can legally drive your new (or new to you) vehicle off the dealership lot, you'll need to have a valid car insurance policy. Some dealerships will offer you one during the purchase process, but the best thing to do when buying a a new car is to talk with your auto insurance carrier beforehand.

What car insurance discounts can I get for my Hyundai Veloster?

You will find several different discounts out there for insurance. Many of them (like "multi-policy discounts" and "pay-in-full discounts") are more based on you than the Hyundai Veloster you drive, but if your Veloster has safety features like anti-lock brakes, airbags, anti-theft systems, and other features, it may qualify for certain discounts. The best way to find out is to get in touch with your insurance company and ask about their list of discounts, since they differ quite a bit from carrier to carrier.