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Hyundai
The Hyundai Motor Co. is an Asian car manufacturer headquartered in Seoul, South Korea. Founded in 1967 by Chung Ju-Yung, the young company is one of the fastest growing automakers in the world ranking as the eighth biggest automaker in the world and the fourth when you factor in the Hyundai Motor Group which is comprised of both Hyundai and its partner, Kia, of which Hyundai owns nearly 33 percent. The Hyundai Group (Kia and Hyundai) falls internationally only behind Toyota, GM and Volkswagen in terms of sales.
Hyundai didn’t enter the U.S. market until 1986 with the Hyundai Excel. It was designed by Giorgetto Giugiaro, the man who also designed the BMW M1 and other luxury cars including the Delorean. While the company is still relatively new in the states, it has seen rapid growth and tremendous success and popularity, reaching 10 million in sales in under 30 years. The most popular models are the Elantra and Sonata as they make up 50 percent of sales.
Though Hyundai has seen such rapid growth, it didn’t immediately take off in the United States. Originally, many complained that Hyundai vehicles broke down quickly, but later on with the release of new vehicles sales began to grow exponentially. Surprisingly, the first plant in the United States didn’t come until 2005 when Hyundai started a manufacturing plant in Montgomery, Alabama.
The word “Hyundai” is derived from a Korean word that essentially means “modern.” The company has always strived to be on the cutting edge of modern technology while also incorporating sleek new designs inspired by nature’s beauty and forms. Many cars, for instance, are shaped to match the movement of an ocean wave or other natural features. The Hyundai logo is an “H” that is designed to look like two people shaking hands in a business deal (the Hyundai salesman with the customer) and the surrounding oval is meant to signify the company’s global reach.
When it comes to global reach, Hyundai is right up there selling their vehicles in 193 countries through 5,000 dealerships and showrooms. And though the company is relatively young, they boast the world’s largest automobile manufacturing facility, located in Ulsan, South Korea. It is capable of producing 1.6 million units annually. In the plant, Hyundai manufactures its own steel, unlike many other companies who get their from suppliers.
Hyundai cars have won numerous awards over their short history. The 2007 Hyundai Santa Fe was deemed the safest car in that year by the IIHS (Insurance Institute for Highway Safety). And the Hyundai Elantra won car of the year at the North American International Road Show in 2012.
Hyundai holds several major sponsorships, especially in sports. They sponsor the FIFA World Cup, EUFA Euro League, and the Korea Football Association. They’ve also recently gained traction in the NFL, overtaking GM in 2015 as the official sponsor.
Hyundai AVERAGE MONTHLY INSURANCE RATES
NATIONAL AVERAGE :$122
- $134A
- $119B
- $120C
- $96D
- $151E
- $101F
- $145G
- $128H
- $174I
- $114J
- $170K
- $125 -L
- $89M
- $100N
- $92O
- $82P
- $115Q
- $137R
- $201S
- $73T
- $125U
- $143V
- $209W
- $113X
- $110Y
- $131Z
- $151a
- $104b
- $108c
- - $88d
- - $147e
- $108f
- $111g
- $91h
- $119i
- $89j
- $164k
- $113l
- $128m
- $140n
- $100o
- $104p
- $111q
- $123r
- $116s
- $106t
- $92 - u
- $102v
- $144w
- $98x
- $118y
- $0 -$60
- $61-$120
- $121-$180
- $181-$240
- $241-$300
Summary
These are actual average rates for all 50 states. The state with the cheapest average rates for this vehicle is Maine at $73, and the state with the most expensive rates is Michigan at $209. The overall average is $122.
Shop on our site to see how much you can save on your Hyundai car insurance rates.
This data is compiled from public insurance state fillings and includes the top 5 carriers, and samples a typical, middle-aged male driver.
Source: Quadrant


- Olivia
- $600
- Aug 5, 2022
- Tracie
- $3600
- Jun 30, 2022
- Laura
- $3600
- Jun 27, 2022
- Carol
- $400
- May 31, 2022
- Christopher
- $360
- Apr 11, 2022
- Asam
- $1200
- Mar 21, 2022
- Courtney
- $1200
- Mar 5, 2022
- James
- $3600
- Sep 22, 2021
- Gladys
- $600
- Jun 26, 2021
- Sameer
- $400
- Jun 17, 2021
- Raquel
- $1800
- Jun 2, 2021
- Sharon
- $2000
- Jun 2, 2021
- Julia
- $243
- May 11, 2021
- Stephanie
- $3240
- May 6, 2021
- Tamika
- $480
- Apr 26, 2021
- Ierome
- $500
- Apr 14, 2021
- Sydnei
- $1068
- Apr 9, 2021
- Eavan
- $1200
- Mar 29, 2021
- George
- $1200
- Mar 27, 2021
- Gregory
- $1200
- Mar 26, 2021
- Steven
- $132
- Feb 27, 2021
- Daniel
- $1400
- Feb 24, 2021
- Sandra
- $1200
- Feb 21, 2021
- Sara
- $1000
- Feb 9, 2021
- Cyeriez
- $3000
- Feb 7, 2021
- Beatrice
- $400
- Jan 20, 2021
- Laura
- $400
- Oct 27, 2020
- Angelita
- $1800
- Oct 18, 2020
- Alen
- $3000
- Oct 16, 2020
- Artie
- $2400
- Oct 2, 2020
- Sana
- $1200
- Sep 29, 2020
- Robert
- $2400
- Sep 21, 2020
- Tiffany
- $780
- Sep 15, 2020
- Alisha
- $480
- Sep 4, 2020
- Joseph
- $540
- Sep 4, 2020
- Anthony
- $600
- Aug 17, 2020
- Shuntalisa
- $1200
- Aug 10, 2020
- Kathy
- $1200
- Aug 4, 2020
- Heather
- $1200
- Aug 4, 2020
- Heather
- $600
- Aug 4, 2020
- Yvette
- $1200
- Aug 3, 2020
- Andrea
- $120
- Jul 23, 2020
- Jose
- $720
- Jul 14, 2020
- Kathryn
- $2400
- Jun 4, 2020
- Kevin
- $1200
- May 12, 2020
- Letha
- $840
- May 7, 2020
- Megan
- $600
- Apr 20, 2020
- Gregory
- $3600
- Apr 18, 2020
- James
- $1440
- Apr 16, 2020
- James
- $960
- Mar 24, 2020
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We can find you the best quotes for your unique circumstances, but we can’t change your driving record or other aspects that impact your insurance options. Here are a few things that can make a big impact now, and in the future.
-
Bundle your auto insurance with other policies
One of the easiest ways to save is by settling on a single insurer for multiple policies. Most insurance companies will automatically prorate savings and pass them along to you.
-
Consider a family or group insurance plan
Insurance costs are often lower if you share a policy with multiple people. Bundle each family member’s insurance or go in on a policy with a group to find lower rates.
-
Build your credit score
The better your credit, the easier it is to get a cheaper insurance policy. Insurance companies use this metric to determine insurance costs, so you’ll want to work on improving your credit to lower premiums.
-
Take a defensive driving course
If your driving record is a little rough, it can help to take a defensive driving course. Insurance companies often take that into account, and it can often lower your rates.
-
Purchase a vehicle with the latest safety features
Cars with safety and anti-theft features can help out your insurance prices because they’re less likely to be stolen or damaged. Definitely take a look at these.
-
Ask about discounts that might be available
Depending on your personal history and a few other factors, there may be a discount or two you qualify for that could lower your rate even further. Some of the most common discounts include good driver or senior discounts.
The opportunities to save even more by applying a discount to your rate are everywhere. Get more affordable car insurance with these discounts:
- Military and Federal Discounts
- Safe Driver Discount
- Good Student Discount
- Multi-policy Discount
- Safety Feature Discounts
- & More!
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"After being with my insurance company for just shy of 10 years, and after having shopped at companies that everyone around my hometown swore were the cheapest, I decided to shop here... and ended up saving just under $1,100 off my annual insurance bill, which is a lot more than I ever could have imagined anyone saving, especially me, an avid online shopper and extreme bargain hunter [...]”
- Jared
If you’re ready to see how much you could be saving on insurance premiums, look no further. Get quotes from the top insurance companies in less than five minutes!
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