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The sporty Veloster can be a pricey two-door sedan to insure. Read our guide below to find out the average Hyundai Veloster insurance rates in Canada and compare free quotes online.
The average insurance costs for a Hyundai Veloster is $268 a month — or $3,210 a year, which is about double the national average. With a base price of $37,799, the annual insurance cost–to–base car price ratio is 8.5%, which is much higher than the norm.
Model | Monthly insurance rate | Base car price |
Elantra | $290 | $17,899 |
Ioniq | $256 | $25,649 |
Santa Fe | $270 | $31,399 |
Sonata | $300 | $27,149 |
Tucson | $258 | $27,699 |
Veloster | $268 | $37,799 |
Kona | $244 | $21,299 |
Palisade | $297 | $39,199 |
Venue | $252 | $17,599 |
The Hyundai Veloster has been around since 2011. The car differentiates itself from its competitors with the asymmetric door style; one large door on the driver’s side and smaller doors on the passenger’s’ side. The latest model of the compact Veloster is known for its low base price and a large variety of standard features. In 2011, the Veloster race car was used in the Summer X Games. The Veloster race car went on sale in 2013.
The 2012 Hyundai Veloster won the Canadian Car of the Year Awards: Best New Sports/Performance Car (under $50,000).
You could save money on car insurance for your Hyundai Veloster if it comes equipped with these safety features, like:
The 2020 model of the Hyundai Veloster has been evaluated by the Insurance Institute for Highway Safety (IIHS) and the National Highway Traffic Safety Administration (NHTSA) for safety ratings in the US. The latest model was awarded the 2020 Top Safety Pick. The 2020 model was rated “superior” in both the standard and optional vehicle-to-vehicle front cash prevention. Both the small overlap front test and the side impact test were rated as “good” – the highest score possible.
If you’re on the market for a new car, the Hyundai Veloster should be on your radar. Besides its unique three door design, you can also drive peacefully knowing you’re vehicle has some of the highest safety ratings possible. Insuring a Veloster is relatively affordable at only $268 a month.
Before you commit to an insurance company, make sure to compare providers and coverage options to make sure you’re getting a great deal. Read through our helpful guide to learn more.
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