2024 Hyundai Nexo Car Insurance Calculator

Monitor in real-time how different factors impact the cost of car insurance for a 2024 Hyundai Nexo. Experiment with factors like Nexo trim level, driving record, policy coverages, and annual miles driven. Instantly see how and why rates change based on your selections.

The average estimated car insurance premium for a 2024 Hyundai Nexo is $2,584 per year, or about $215 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

$2,584

Cost Per Month

$215

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 2024 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.

$2,584
Average Rate
Your Rate
$2,584

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 2024 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 2024 Hyundai Nexo is $2,584.

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.

2024 Hyundai Nexo vs. the Small SUV Segment

The table below compares insurance rates for the 2024 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.

2024 Hyundai Nexo Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Subaru Crosstrek$1,730-$854
2Chevrolet Trailblazer$1,760-$824
3Kia Soul$1,826-$758
4Nissan Kicks$1,844-$740
5Buick Envision$1,878-$706
6Toyota Corolla Cross$1,888-$696
7Hyundai Venue$1,902-$682
8Mazda CX-5$1,910-$674
9Ford Bronco Sport$1,918-$666
10Volkswagen Tiguan$1,938-$646
11Buick Encore$1,988-$596
12Honda CR-V$1,996-$588
13Volkswagen Taos$2,008-$576
14Kia Niro$2,014-$570
15Honda HR-V$2,040-$544
16Subaru Forester$2,084-$500
17Kia Seltos$2,094-$490
18GMC Terrain$2,096-$488
19Nissan Rogue$2,106-$478
20Hyundai Kona$2,110-$474
21Mazda CX-30$2,114-$470
22Volkswagen ID4$2,124-$460
23Ford Escape$2,138-$446
2024 Small SUV Average$2,154-$430
24Chevrolet Equinox$2,158-$426
25Toyota RAV4$2,162-$422
26Mazda MX-30$2,172-$412
27Hyundai Tucson$2,176-$408
28Chevrolet Trax$2,210-$374
29Mini Cooper Clubman$2,220-$364
30Mini Cooper$2,226-$358
31Mitsubishi Eclipse Cross$2,246-$338
32Jeep Renegade$2,252-$332
33Mitsubishi Outlander$2,280-$304
34Kia Sportage$2,294-$290
35Hyundai Ioniq 5$2,302-$282
36Nissan Ariya$2,304-$280
37Fiat 500X$2,310-$274
38Mini Cooper Countryman$2,318-$266
39Subaru Solterra$2,320-$264
40Mazda CX-50$2,326-$258
41Toyota bz4X$2,330-$254
42Mitsubishi Mirage$2,342-$242
43Kia EV6$2,416-$168
44Dodge Hornet$2,492-$92
45Jeep Compass$2,536-$48
46Hyundai Nexo$2,584--
47Ford Mustang Mach-E$2,742$158

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.

2024 Nexo Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 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.

2024 Hyundai Nexo Insurance Rates by Trim Level
2024 Hyundai Nexo Trim Level Annual Premium Cost Per Month
Blue$2,548$212
Limited$2,618$218

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 2024 Hyundai Nexo for different driver ages.

2024 Hyundai Nexo Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,011$751
17$8,781$732
18$7,973$664
19$7,225$602
20$5,568$464
21$5,314$443
22$4,776$398
23$3,896$325
24$3,697$308
25$3,002$250
30$2,766$231
35$2,650$221
40$2,584$215
45$2,408$201
50$2,278$190
55$2,128$177
60$2,134$178
65$2,272$189
70$2,430$203
75$2,830$236
80$3,476$290

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.