The Hyundai i20 hatchback is a sporty supermini that has been produced by the Korean manufacturer since 2008. It’s an affordable vehicle that provides an enjoyable drive. In this guide, you’ll learn the key facts about insuring this vehicle.
Hyundai i20 insurance groups and cost by driver’s age
Hyundai i20 models range from insurance groups 3 to 10, so you can generally expect the cost of your insurance to be quite reasonable. However, the difference in costs might vary between each insurance group and this will be down to factors such as the engine size and performance, the vehicle’s safety features and its current market value.
For example, a 30-year-old driver in an average postcode could pay around £564 for cover on a Hyundai i20 Premium 1.0 MPi 67PS AMT auto 5d (insurance group 4), or around £562 for a Hyundai i20 SE Connect 1.2 MPi 84PS 5d which falls in insurance group 8. In this example, the model that is four insurance groups higher costs an extra £69 a year to insure and this is likely down to the increased engine size and trim levels.
You can find the insurance group and likely premium cost of your Hyundai i20 model in the table below.
These rates are based on the average cost of cover for cars in the insurance groups shown, for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: June 2024 (source: Confused).
Average Hyundai i20 insurance cost
To provide you with an idea of how much it may cost you to insure your Hyundai i20, we ran several quotes to find an average figure. Based on our results, on average, you could insure your Hyundai i20 with a comprehensive policy for the monthly price of £60.05, or an annual sum of £661.92.
To generate these quotes we used the following information:
The vehicle is a 2018 model
Manual transmission
Petrol
1.2-litre engine
5 seats
5 doors
Factory fitted alarm system
The car is not modified
Used for social, domestic and commuting purposes
10,000 mileage per year
The car is parked in a work car park during the day
The car is parked on a driveway at night
Owner is a 30-year-old, single teacher from London
Owner is a homeowner
5 years no claim discount
No driving or other convictions in the last 5 years
Hyundai i20 insurance cost by location
The table above shows the average cost of Hyundai i20 insurance based on insurance groups and driver age. However, there are a few other factors that can impact your car insurance premium, one of the biggest being your location.
To show how much your location can impact your premium, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Hyundai i20 Premium (Tech Pack) 1.0 MPi 67PS 5d.
Expensive: £872 (London SE1)
Average: £641 (Newcastle NE1)
Cheap: £605.61 (Galashiels TD1)
These rates are based on the average cost of cover for cars in the locations shown. Our research suggests SE1 is one of the most expensive locations, NE1 represents an average cost location and TD1 represents one of the cheapest locations. Updated: June 2024 (source: Confused).
Along with the insurance group, there are other key factors that impact your insurance premium costs:
Engine type and capacity. In general, the bigger the engine, the higher the cost of your insurance. An average 30-year-old may pay £526 for the 1.0-litre Hyundai i20 SE Connect 1.0 MPi 67PS AMT auto 5d, but could pay around £498 for the 1.2-litre Hyundai i20 Premium 1.2 MPi 84PS AMT auto 5d. In this example, although the engine size is only 0.2 litres bigger for the Hyundai i20 Premium 1.2 MPi 84PS AMT auto 5d, it’s still £46 extra to insure each year.
Driver location. Where you live helps determine the level of risk that your car may be stolen or you’ll be involved in an accident, and this affects the cost of insurance. For example, a 30-year-old in central London may pay £935 for insurance for a Hyundai i20 Premium 1.2 MPi 84PS 5d, while the same 30-year-old in Newcastle may only pay £537.
Driver age. Your age is one of the most significant factors that insurers use when determining the cost of your car insurance. As a general rule of thumb, the younger you are, the more risk you represent to insurers, and the more you’re likely to pay for insurance. The average 20-year-old driver in London may pay £2,322 for the Hyundai i20 Premium (Tech Pack) 1.0 MPi 67PS 5d, while the average 40-year-old Londoner will only pay £779. In this instance, the younger driver has to pay an extra £667 than the older driver.
Other factors that influence the cost of your insurance include:
The 2020 edition of the i20 has boosted interiors, including a 10-inch touchscreen and Bose Premium Sound System.
Bottom line
The Hyundai i20 is an affordable car to insure, but the points in this guide will help you cut the costs of your insurance premiums.
Frequently asked questions
In the United Kingdom, the on-the-road price of a new Hyundai i20 starts at £14,425 depending on the version.
Depending on the model version, Hyundai i20s can reach top speeds between 98.8mph and 118.1mph.
The Hyundai i20 was awarded 4 stars out of 5 under the Euro NCAP safety analysis. Hyundai i20 models score well across the board with 85% for adult occupant safety and 73% for child occupant safety.
The UK standard car tax rate sites at £145 per year. However, you might pay more or less depending on your car’s emissions.
You can buy a Hyundai i20 online or by visiting your local Hyundai i20 retailer. You can also buy a Hyundai i20 through various motor resellers and websites.
This depends on the specific model of Hyundai i20 you have and the insurance group it falls under. Hyundai i20 models can range between insurance groups 3 and 10, so in general the insurance costs should fall on the cheaper side in comparison to other car makes and models.
*Based on data provided by Consumer Intelligence Ltd, www.consumerintelligence.com (Mar ’24). 51% of car insurance customers could save £539.54
The offers compared on this page are chosen from a range of products we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations), aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When making a big financial decision, it's wise to consider getting independent financial advice, and always consider your own financial circumstances when comparing products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Danny is a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance. Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC. See full bio
Danny's expertise
Danny has written 368 Finder guides across topics including:
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