2020 Hyundai Nexo Car Insurance Calculator

Explore and learn how seemingly small changes impact the insurance cost for a 2020 Hyundai Nexo. Update factors like driver's age, policy discounts, and trim level and watch how each affects your rate. Know immediately if the choice you make has an impact on rates and why.

The average estimated car insurance premium for a 2020 Hyundai Nexo is $2,428 per year, or about $202 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,428

Cost Per Month

$202

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Hyundai Nexo Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2020 Hyundai Nexo.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,428
Average Rate
Your Rate
$2,428

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2020 Hyundai Nexo trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2020 Hyundai Nexo is $2,428.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2020 Hyundai Nexo vs. the Small SUV Segment

The table below compares insurance rates for the 2020 Hyundai Nexo against all other models in the small SUV segment. The Hyundai Nexo is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Hyundai Nexo, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Hyundai Nexo.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2020 Hyundai Nexo Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda CX-3$1,580-$848
2Honda CR-V$1,638-$790
3Mazda CX-5$1,658-$770
4Mazda CX-30$1,664-$764
5Ford Ecosport$1,670-$758
6Toyota C-HR$1,676-$752
7Nissan Rogue Sport$1,686-$742
8Buick Envision$1,702-$726
9Chevrolet Trax$1,706-$722
10Nissan Kicks$1,708-$720
11Mitsubishi Eclipse Cross$1,710-$718
12Hyundai Kona$1,714-$714
13Hyundai Tucson$1,718-$710
14Kia Sportage$1,722-$706
15Kia Soul$1,736-$692
16Hyundai Venue$1,738-$690
17Chevrolet Equinox$1,742-$686
18Jeep Compass$1,756-$672
19Volkswagen Tiguan$1,774-$654
20Honda HR-V$1,784-$644
21Subaru Forester$1,792-$636
22Buick Encore$1,802-$626
23Nissan Rogue$1,808-$620
24Ford Escape$1,814-$614
25Subaru Crosstrek$1,820-$608
26GMC Terrain$1,826-$602
2020 Small SUV Average$1,835-$593
27Fiat 500X$1,886-$542
28Jeep Renegade$1,900-$528
29Toyota RAV4$1,962-$466
30Kia Niro$1,976-$452
31Mini Cooper Countryman$2,014-$414
32Mini Cooper$2,062-$366
33Mitsubishi Mirage$2,092-$336
34Chevrolet Bolt$2,100-$328
35Mini Cooper Clubman$2,244-$184
36Mitsubishi Outlander$2,280-$148
37Hyundai Nexo$2,428--

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2020 Nexo Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Hyundai Nexo.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2020 Hyundai Nexo Insurance Rates by Trim Level
2020 Hyundai Nexo Trim Level Annual Premium Cost Per Month
Blue 2WD$2,398$200
Limited 2WD$2,458$205

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2020 Hyundai Nexo for different driver ages.

2020 Hyundai Nexo Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,674$723
17$8,415$701
18$7,556$630
19$6,870$573
20$5,262$439
21$5,020$418
22$4,496$375
23$3,680$307
24$3,480$290
25$2,824$235
30$2,590$216
35$2,494$208
40$2,428$202
45$2,266$189
50$2,148$179
55$2,004$167
60$2,010$168
65$2,146$179
70$2,316$193
75$2,724$227
80$3,362$280

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Hyundai Nexo trim levels.