Hyundai insurance rates

Hyundai is one of the top car manufacturers in the world and one that made its mark with its affordable family cars. It seems Hyundai is also rising in popularity in the UK, with 89,925 vehicles being sold in the UK in 2018. If you decide to go for a Hyundai, read on to see how much it might cost to insure.

What’s the average insurance cost for a Hyundai?

The average insurance cost of a Hyundai varies by car model, your driving record, where you live and several other factors. For a Hyundai New Tucson, the most popular model in the UK, we found that the average insurance cost is £912 a year, or £119 a month. This is for fully comprehensive cover and no optional extras. Your actual cost could be more or less depending on your age, driving record, the number of miles you drive in a year and other factors.

• How we got this rate

  To determine our example insurance cost, we aggregated quotes from insurance companies using this profile:

  • 2018 Hyundai New Tucson
  • The driver is a 30-year-old teacher
  • The driver is single and owns a home in Greater London
  • Manual transmission
  • Petrol
  • An average of 10,000 mileage per year
  • Factory fitted Thatcham approved alarm system
  • The car is used for social, domestic and commuting purposes
  • The car is not modified
  • The car is parked in a car park during the day
  • The car is parked on a driveway at night
  • Five years no claims discount
  • No driving or other convictions for the past 5 years

How a vehicle from Hyundai affects insurance costs

Many factors might work in your favour when insuring a Hyundai. Car insurance providers look at the cost of the car, the cost to repair and replace it, as well as how it does in safety tests.

Hyundai’s reasonable price tag often makes it more affordable to insure. Many Hyundais also get great safety ratings, which can further decrease the cost of insurance. However, some models might be more of a target to thieves, including the i10, i20, i30 1.4 T-GDI, iX35 Fuel Cell, i40 and Santa Fe with their keyless entry systems.

Pros and cons of a Hyundai

Hyundai car facts

• Hyundai has the world’s largest plant in Ulsan, South Korea, which is capable of building 1.5 million cars annually. It is known as the ‘forest plant’ as there are some 58,000 trees planted within the site.
• The name “Hyundai” comes from the Korean word for “modernity”.
• Following Kia’s bankruptcy in 1997 during the Asian financial crisis, Hyundai became Kia’s largest stakeholder and now part owns Kia Motors.
• Hyundai owns luxury car division Genesis Motors, which became a car marque in its own right in 2015. The G90 luxury saloon, its flagship model, the G80 executive saloon and G70 compact executive, are available in the US. Although there are plans for Genesis models to appear in the UK, at the time of writing, Genesis Motors are currently not sold in the UK.
• Hyundai models do extremely well in safety tests from the European New Car Assessment Programme (Euro NCAP). More recently, the Hyundai i20, ix35, ix20, i40, Veloster, i30 and Tucson have all scored the maximum five-star rating.

Other car brands you might want to see rates for include:

• Alfa Romeo
• Audi
• BMW
• Chevrolet
• Chrysler
• Citroen
• Ford
• Kia
• Lexus
• Mazda
• Mercedes-Benz
• MINI
• Mitsubishi
• Nissan
• Toyota
• Vauxhall
• Volkswagen
• Volvo

Frequently asked questions about Hyundai

• Where are Hyundais made?

  The majority of Hyundai cars are made in the world’s largest plant in Ulsan, South Korea. Some 1.5 million cars are made there every year. Over 600,000 vehicles are manufactured in the European plant in Nošovice, Czech Republic.

• Are Hyundai cars safe?

  Yes. Hyundai models do very well in safety tests from the European New Car Assessment Programme (Euro NCAP). In recent years, the Hyundai i20, ix35, ix20, i40, Veloster, i30 and Tucson have all been given the maximum five-star rating.

• What car-related factors affect the cost of insurance?

  A car’s safety record, the cost to repair and maintain the car and the car’s likelihood of being stolen can all affect the cost of car insurance.

Written by

Esther Wolffowitz

Publisher

Esther Wolffowitz was a publisher at finder.com specialising in insurance. Esther holds an MSc in Media and Communication Governance from the London School of Economics and Political Science (LSE). See full bio