- Hyundai Kona insurance costs an average of $1,480 per year or around $123 per month, depending on the trim level.
- The cheapest Hyundai Kona insurance is on the SE trim level at an estimated $1,304 per year, while the Kona Electric Limited is the most expensive to insure at $1,670 per year.
- The Kona is one of the cheaper small crossover SUVs to insure, costing $126 less per year on average when compared to other compact SUVs.
How much does Hyundai Kona insurance cost?
Ranked 11th out of 47 vehicles in the 2023 small SUV class, Hyundai Kona car insurance costs on average $1,480 yearly, or around $123 on a monthly basis.
With the average small SUV costing $1,606 a year to insure, the Hyundai Kona could save an estimated $126 or more each year when compared to the segment as a whole.
Average monthly car insurance payments for a 2023 Hyundai Kona range from $109 to $139, depending on which trim level is being insured.
The following chart demonstrates how average 2023 Hyundai Kona car insurance rates vary based on the age of the driver and physical damage deductibles.
What is the cheapest Hyundai Kona car insurance?
With Hyundai Kona insurance rates ranging from $1,304 to $1,670 annually, the cheapest models to insure are the Kona SE and SEL at $1,304 per year. On average, plan on paying around $109 per month for full coverage insurance on these models.
The highest cost models of Hyundai Kona to insure are the Electric Limited at $1,670 and the Electric SEL at $1,616 per year. Those two trim levels will cost an extra $366 and $312 per year, respectively, over the cheapest Kona models.
The next table details average annual and semi-annual Kona insurance costs, plus a monthly budget figure, for each available 2023 model year trim level and powertrain.
| Hyundai Kona Trim Level | Annual Policy | 6-month Policy | Per Month |
|---|---|---|---|
| SE | $1,304 | $652 | $109 |
| SEL | $1,344 | $672 | $112 |
| N Line | $1,414 | $707 | $118 |
| Limited | $1,430 | $715 | $119 |
| N | $1,500 | $750 | $125 |
| Electric SE | $1,564 | $782 | $130 |
| Electric SEL | $1,616 | $808 | $135 |
| Electric Limited | $1,670 | $835 | $139 |
How does Kona insurance rank vs. other compact SUVs?
The 2023 Hyundai Kona ranks 11th out of 47 total vehicles in the small SUV class. The Kona costs an estimated $1,480 per year for full coverage insurance and the category median average cost is $1,606 annually, a difference of $126 per year.
When Kona car insurance rates are compared to the most popular models in the small SUV category, coverage for a Kona costs $154 less per year than the Toyota RAV4, $16 less than the Honda CR-V, $108 less than the Chevrolet Equinox, and $142 less than the Nissan Rogue.
The table below shows how average car insurance rates for a Hyundai Kona fare against the 10 most popular small SUVs by sales data in America.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Chevrolet Trailblazer | $1,334 | -$146 |
| 2 | Subaru Crosstrek | $1,346 | -$134 |
| 3 | Nissan Kicks | $1,354 | -$126 |
| 4 | Nissan Rogue Sport | $1,378 | -$102 |
| 5 | Mazda CX-5 | $1,386 | -$94 |
| 6 | Buick Encore | $1,406 | -$74 |
| 7 | Buick Envision | $1,410 | -$70 |
| 8 | Kia Seltos | $1,430 | -$50 |
| 9 | Hyundai Venue | $1,440 | -$40 |
| 10 | Honda HR-V | $1,464 | -$16 |
| 11 | Hyundai Kona | $1,480 | -- |
| 12 | Subaru Forester | $1,486 | $6 |
| 13 | Honda CR-V | $1,496 | $16 |
| 14 | Mazda CX-30 | $1,498 | $18 |
| 15 | Chevrolet Trax | $1,514 | $34 |
| 16 | Volkswagen Tiguan | $1,532 | $52 |
| 17 | Ford Bronco Sport | $1,536 | $56 |
| 18 | Fiat 500X | $1,564 | $84 |
| 19 | GMC Terrain | $1,566 | $86 |
| 20 | Kia Soul | $1,568 | $88 |
| 21 | Mitsubishi Eclipse Cross | $1,572 | $92 |
| 22 | Chevrolet Equinox | $1,588 | $108 |
| 23 | Toyota Corolla Cross | $1,592 | $112 |
| 24 | Volkswagen Taos | $1,600 | $120 |
| 25 | Mazda CX-50 | $1,610 | $130 |
| 26 | Hyundai Tucson | $1,614 | $134 |
| 27 | Ford Escape | $1,616 | $136 |
| 28 | Nissan Rogue | $1,622 | $142 |
| 29 | Toyota RAV4 | $1,634 | $154 |
| 30 | Mazda MX-30 | $1,636 | $156 |
| 31 | Kia Niro | $1,638 | $158 |
| 32 | Mini Cooper | $1,648 | $168 |
| 33 | Jeep Compass | $1,652 | $172 |
| 34 | Mini Cooper Clubman | $1,674 | $194 |
| 35 | Jeep Renegade | $1,698 | $218 |
| 36 | Chevrolet Bolt | $1,710 | $230 |
| 37 | Toyota bz4X | $1,716 | $236 |
| 38 | Kia Sportage | $1,760 | $280 |
| 39 | Hyundai Ioniq 5 | $1,764 | $284 |
| 40 | Mini Cooper Countryman | $1,812 | $332 |
| 41 | Mitsubishi Mirage | $1,818 | $338 |
| 42 | Mitsubishi Outlander | $1,820 | $340 |
| 43 | Volkswagen ID4 | $1,832 | $352 |
| 44 | Kia EV6 | $1,870 | $390 |
| 45 | Dodge Hornet | $1,872 | $392 |
| 46 | Hyundai Nexo | $1,938 | $458 |
| 47 | Ford Mustang Mach-E | $1,996 | $516 |
A slightly different way to compare car insurance rates is to see how insurance cost for a Hyundai Kona compares to other compact SUV models that are most similar in price. With an average MSRP of $31,174, the cost to purchase a 2023 Hyundai Kona ranges from $21,990 to $41,550, before documentation and delivery charges.
The vehicles in the small SUV segment that have the most similar sticker prices to the Hyundai Kona are the Chevrolet Equinox, Subaru Forester, Buick Encore, and Fiat 500X. The next list shows how those models compare to a Kona by MSRP and average insurance cost.
- Hyundai Kona vs. Chevrolet Equinox – Having an average purchase price of $31,395 ($27,995 to $34,795), the 2023 Chevrolet Equinox costs $221 more than the average MSRP for the Hyundai Kona. Anticipate paying around $108 more annually for insurance on the Chevrolet Equinox compared to a Kona.
- Hyundai Kona vs. Subaru Forester – With an average MSRP of $31,724 and ranging from $26,395 to $36,495, the 2023 Subaru Forester costs $550 more than the average MSRP for the Hyundai Kona. Full-coverage car insurance on the Subaru Forester costs an average of $6 more than the Hyundai Kona.
- Hyundai Kona vs. Buick Encore – The 2023 Buick Encore has an average MSRP of $30,028 ($27,095 to $33,295), which is $1,146 cheaper than the average cost for the Hyundai Kona. Full-coverage insurance on the Buick Encore costs an average of $74 less each year than the Hyundai Kona.
- Hyundai Kona vs. Fiat 500X – The purchase price for the Fiat 500X averages $1,174 less than the average cost for the Hyundai Kona ($30,000 compared to $31,174). Drivers can expect to pay an average of $84 more annually for insurance on the Fiat 500X compared to a Kona.
Will an older Kona cost less to insure?
Skipping the 2023 model and instead driving a 2018 Hyundai Kona could save around $302 each year depending on the trim level. 2019 Hyundai Kona insurance cost is on average $166 cheaper than insuring a 2023 model.
The following data table illustrates average Hyundai Kona insurance rates for a range of drivers for the 2018 through 2023 model years. The policy costs range from the least expensive value of $1,058 for a 60-year-old driver rated on a 2018 Hyundai Kona to the most expensive cost of $2,922 for a 20-year-old driver rated on a 2023 model.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Hyundai Kona | $2,922 | $1,480 | $1,322 |
| 2022 Hyundai Kona | $2,836 | $1,434 | $1,282 |
| 2021 Hyundai Kona | $2,702 | $1,364 | $1,220 |
| 2020 Hyundai Kona | $2,670 | $1,346 | $1,206 |
| 2019 Hyundai Kona | $2,616 | $1,314 | $1,182 |
| 2018 Hyundai Kona | $2,342 | $1,178 | $1,058 |
Additional points that can help save some money on car insurance include:
- Polish up your credit rating for cheaper Kona insurance. In states that have insurance regulations that allow credit ratings to be used as a factor in determining car insurance rates, drivers who have credit scores over 800 could get savings of $232 per year when compared to a credit score ranging from 670-739. Conversely, a diminished credit rating could cost as much as $269 more per year.
- Avoid accidents to save on insurance. Having frequent accidents may increase rates, potentially by an additional $2,044 per year for a 20-year-old driver and even as much as $440 per year for a 60-year-old driver.
- Car insurance for teens is expensive. Average rates for full coverage Kona insurance costs $5,274 per year for a 16-year-old driver, $4,922 per year for a 17-year-old driver, and $4,594 per year for a 18-year-old driver.
- Obey the law to get lower insurance rates. To receive the lowest Kona insurance rates, it pays to obey traffic laws. As few as two blemishes on your driving record have the ramification of raising the cost of a policy by up to $384 per year.
- As you age, car insurance rates tend to get cheaper. The difference in insurance cost on a Kona between a 60-year-old driver ($1,322 per year) and a 20-year-old driver ($2,922 per year) is $1,600, or a savings of 54.8%.
- Lower policy cost by raising deductibles. Raising deductibles from $500 to $1,000 could save around $228 per year for a 40-year-old driver and $436 per year for a 20-year-old driver.
- Lowering deductibles results in a more expensive policy. Decreasing deductibles from $500 to $250 could cost an additional $234 per year for a 40-year-old driver and $460 per year for a 20-year-old driver.
