Hyundai Car Insurance

Who is Hyundai?

Founded in South Korea in 1957, the Hyundai Motor Company has grown from a local car manufacturer into one of the world’s leading car brands. With a focus on reliable and affordable vehicles, Hyundai's first model was the Hyundai Cortina, created in collaboration with Ford.

Today, Hyundai’s lineup includes popular models that cater to various needs, from compact city cars to family-friendly SUVs and electric cars. Some of their recent models include the sleek and tech-savvy Hyundai Tucson, the eco-friendly, electric Hyundai Ioniq 5 crossover, and the robust yet stylish Hyundai Santa Fe SUV. With an emphasis on sustainability and cutting-edge features, Hyundai is positioning itself as a key player in the global automotive market, especially as it leads the way in EV technology.

How Much Does a Hyundai Cost to Insure?

The price of your Hyundai insurance depends on a range of factors. Your insurance group, where you live and your estimated annual mileage are just some of the variables insurance providers will look at to assess your risk, and as all drivers circumstances are different, the cost of your premiums can vary! To give you an idea of how much you might expect to pay for your car insurance, we've gathered the estimated insurance price drivers may expect for insuring the most popular Hyundai models.

How Can I Get Cheaper Hyundai Insurance?

Everyone wants to save on their car insurance costs. Here's what we recommend to help you keep your premiums down.

• Always compare: Comparing providers and as many quotes as possible should be your first step in finding affordable insurance! Never accept the first offer you're given, always shop around and compare. You may even find new deals and offers exclusive to new customers.
• Review your job title: Some job titles carry higher premiums than others, so it's always worth checking to see if a different but accurate description of your job could lead to a cheaper premium. For example, "teacher" might be cheaper than "tutor". Just remember that being dishonest could invalidate your insurance.
• Avoid unnecessary extras: Extras such as a stolen key cover, a courtesy car, or windscreen damage, might be useful to some drivers but not to all. The more extras you have, the higher your premium will be, so consider whether you really need them.
• Try a telematics policy: With a black box car insurance policy, insurers can monitor your driving habits based on the data collected. By monitoring your speed, how you brake and what time of day you drive, insurers can assess your risk more accurately, which could lead to lower premiums if you're a good driver.
• Build on your no-claims: As a long-term solution and to increase your savings  over time, keep building your no-claims bonus. The longer you can go without making a claim, the better for your wallet! 

 What Factors Influence the Cost of Hyundai Car Insurance?

The cost of your car insurance is influenced by many factors, some of which include:

• Your age and experience on the road: The fewer years you have behind the wheel, the higher your premiums are likely to be. Drivers who are over 25 with more road experience will often receive lower rates.
• The model of your car: Whether you drive a brand new Hyundai or a classic model, your vehicle will have its own insurance group. Vehicles like the Hyundai Tucson (insurance group 13-27) that are considered high performance, that have expensive parts or are more likely to be stolen, will be in higher groups and will pay more for their insurance than someone who owns an older, less powerful model like the Hyundai Getz (insurance group 2-10). 
• Your annual mileage: According to insurers, the more miles you drive, the higher the risk of an accident, which will be reflected in your premiums. Typically, a lower annual mileage means lower rates.
• Where you live: Areas with higher crime rates or more accidents usually mean higher premiums for those who live there. Drivers who reside in rural areas, however, typically see lower rates.
• Your driving record: If you have points on your licence or driving offences, then you will pay more than a driver who has a clean record.
• Level of cover: Whether you need 4x4 insurance, third-party, or classic car cover, the level of cover you need will impact the price of your premium. Typically, the more cover you need the more you will pay, but as this isn't always the case, it's important to compare as many quotes and policies as possible.