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Insurance.com research suggests that the cost of insuring a Hyundai Elantra is estimated to be around $2,168 annually or $181 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.
Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Hyundai Elantra costs $2,168 per year, while its 2022 equivalent costs $1,865 per year.
Regardless of your chosen model year, you can find a competitive carrier that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.
Read on to learn in detail about these cost-effective auto policies for Hyundai Elantra.
Average insurance cost of Hyundai Elantra by model year
Year of Hyundai Elantra model
Average cost to insure
2023
$2,168
2022
$1,865
2021
$1,681
2020
$1,738
2019
$1,798
Data updated in 2024
Compare Hyundai Elantra insurance rates by state
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Company
Style
Average annual premium
State Farm
4 Door Hatchback
$1,399
Geico
4 Door Hatchback
$1,643
Progressive
4 Door Hatchback
$2,202
Nationwide
4 Door Hatchback
$2,252
Allstate
4 Door Hatchback
$2,967
Farmers
4 Door Hatchback
$3,149
Data updated in 2024
Hyundai Elantra insurance rates per year
2023
2023 Hyundai Elantra insurance rates
Average cost to insure$2,168
Annual cheapest rate$1,560
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
State Farm
$1,560
2
Geico
$1,616
3
Nationwide
$2,061
4
Progressive
$2,153
5
Farmers
$2,763
6
Allstate
$2,853
Data updated in 2024
2022
2022 Hyundai Elantra insurance rates
Average cost to insure$1,865
Annual cheapest rate$1,247
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
Geico
$1,247
2
State Farm
$1,292
3
Progressive
$1,734
4
Nationwide
$2,249
5
Farmers
$2,300
6
Allstate
$2,367
Data updated in 2024
2021
2021 Hyundai Elantra insurance rates
Average cost to insure$1,681
Annual cheapest rate$1,122
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
State Farm
$1,122
2
Geico
$1,261
3
Progressive
$1,280
4
Nationwide
$1,708
5
Farmers
$2,259
6
Allstate
$2,458
Data updated in 2024
2020
2020 Hyundai Elantra insurance rates
Average cost to insure$1,738
Annual cheapest rate$1,213
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
Geico
$1,213
2
State Farm
$1,322
3
Progressive
$1,524
4
Nationwide
$1,799
5
Farmers
$2,052
6
Allstate
$2,515
Data updated in 2024
2019
2019 Hyundai Elantra insurance rates
Average cost to insure$1,798
Annual cheapest rate$1,192
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
Geico
$1,192
2
State Farm
$1,323
3
Progressive
$1,701
4
Nationwide
$1,839
5
Allstate
$2,237
6
Farmers
$2,495
Data updated in 2024
2018
2018 Hyundai Elantra insurance rates
Average cost to insure$1,766
Annual cheapest rate$1,141
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
Geico
$1,141
2
State Farm
$1,325
3
Progressive
$1,679
4
Nationwide
$1,840
5
Allstate
$2,189
6
Farmers
$2,423
Data updated in 2024
2017
2017 Hyundai Elantra insurance rates
Average cost to insure$1,747
Annual cheapest rate$1,117
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
Rank
Company
Average annual premium
1
Geico
$1,117
2
State Farm
$1,334
3
Progressive
$1,660
4
Nationwide
$1,851
5
Allstate
$2,085
6
Farmers
$2,436
Data updated in 2024
2016
2016 Hyundai Elantra insurance rates
Average cost to insure$1,672
Annual cheapest rate$1,070
Available trims Eco, GT, GT N Line, Limited, SE, SEL, Sport, Value Edition
