Hyundai Kona Insurance Cost for 2023

Does a Hyundai Kona have cheap insurance rates?

We looked at average insurance rates from the SE trim up to the Electric Limited model to look at how insurance for the Kona measures up to the small SUV segment.

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  • 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.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Hyundai Kona with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Hyundai Kona trim levels.Data last updated on January 23, 2023
Hyundai Kona Insurance Cost Summary
Hyundai Kona Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,486$207
$500$2,922$244
$250$3,382$282
30$1,000$1,310$109
$500$1,558$130
$250$1,814$151
40$1,000$1,252$104
$500$1,480$123
$250$1,714$143
50$1,000$1,146$96
$500$1,348$112
$250$1,560$130
60$1,000$1,124$94
$500$1,322$110
$250$1,530$128

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.

2023 Hyundai Kona Insurance Cost by Trim Level
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

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Hyundai Kona, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Hyundai Kona Insurance Cost by Trim Level

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.

Insurance Cost Comparison: Hyundai Kona vs Small SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Trailblazer$1,334-$146
2Subaru Crosstrek$1,346-$134
3Nissan Kicks$1,354-$126
4Nissan Rogue Sport$1,378-$102
5Mazda CX-5$1,386-$94
6Buick Encore$1,406-$74
7Buick Envision$1,410-$70
8Kia Seltos$1,430-$50
9Hyundai Venue$1,440-$40
10Honda HR-V$1,464-$16
11Hyundai Kona$1,480--
12Subaru Forester$1,486$6
13Honda CR-V$1,496$16
14Mazda CX-30$1,498$18
15Chevrolet Trax$1,514$34
16Volkswagen Tiguan$1,532$52
17Ford Bronco Sport$1,536$56
18Fiat 500X$1,564$84
19GMC Terrain$1,566$86
20Kia Soul$1,568$88
21Mitsubishi Eclipse Cross$1,572$92
22Chevrolet Equinox$1,588$108
23Toyota Corolla Cross$1,592$112
24Volkswagen Taos$1,600$120
25Mazda CX-50$1,610$130
26Hyundai Tucson$1,614$134
27Ford Escape$1,616$136
28Nissan Rogue$1,622$142
29Toyota RAV4$1,634$154
30Mazda MX-30$1,636$156
31Kia Niro$1,638$158
32Mini Cooper$1,648$168
33Jeep Compass$1,652$172
34Mini Cooper Clubman$1,674$194
35Jeep Renegade$1,698$218
36Chevrolet Bolt$1,710$230
37Toyota bz4X$1,716$236
38Kia Sportage$1,760$280
39Hyundai Ioniq 5$1,764$284
40Mini Cooper Countryman$1,812$332
41Mitsubishi Mirage$1,818$338
42Mitsubishi Outlander$1,820$340
43Volkswagen ID4$1,832$352
44Kia EV6$1,870$390
45Dodge Hornet$1,872$392
46Hyundai Nexo$1,938$458
47Ford Mustang Mach-E$1,996$516

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Insurance Cost Comparison: Hyundai Kona vs Small SUVs

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.

Hyundai Kona Insurance Cost by Model Year
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

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Hyundai Kona Insurance Cost by Model Year

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.