- Hyundai Santa Fe insurance costs an average of $1,858 per year, or around $155 per month for full coverage.
- Out of 31 vehicles in the midsize SUV segment, the Santa Fe ranks 23rd for insurance affordability.
- The cheapest Santa Fe model to insure is the SE trim level at an estimated $1,688 per year.
- The Santa Fe Plug-in Hybrid Limited is the most expensive to insure at $1,964 per year.
- Hyundai Santa Fe insurance rates in a few larger cities include $1,174 in Raleigh, NC, $1,498 in Indianapolis, IN, and $2,208 in Oklahoma City, OK.
How much does Hyundai Santa Fe insurance cost?
Hyundai Santa Fe car insurance rates average $1,858 annually, or about $155 if paid each month. Drivers can plan on paying approximately $88 more per year for Hyundai Santa Fe insurance compared to the average rate for midsize SUVs, and $130 more per year than the all-vehicle national average of $1,728.
The following chart details how average Hyundai Santa Fe car insurance rates fluctuate with differences in driver age and physical damage deductibles. The rates shown are per year and vary from the cheapest policy rate of $1,406 per year for a 60-year-old driver with $1,000 physical damage deductibles to the highest rate of $4,304 annually for a driver age 20 with low deductibles.
To help you comprehend the massive variability in insurance rates, think about the fact that liability-only insurance for a Hyundai Santa Fe in the most affordable parts of Indiana or Maine costs as little as $203 a year, while a teen driver with an accident and a violation in certain areas in New York might be as expensive as $15,838 a year for full coverage.
The next table shows average full coverage car insurance rates for the 2013 through 2023 Santa Fe models for both annual and semi-annual policy terms.
| Model Year and Vehicle | Annual Rate | 6-month Rate | Monthly Rate |
|---|---|---|---|
| 2023 Hyundai Santa Fe | $1,858 | $929 | $155 |
| 2022 Hyundai Santa Fe | $1,776 | $888 | $148 |
| 2021 Hyundai Santa Fe | $1,764 | $882 | $147 |
| 2020 Hyundai Santa Fe | $1,740 | $870 | $145 |
| 2019 Hyundai Santa Fe | $1,642 | $821 | $137 |
| 2018 Hyundai Santa Fe | $1,704 | $852 | $142 |
| 2017 Hyundai Santa Fe | $1,594 | $797 | $133 |
| 2016 Hyundai Santa Fe | $1,440 | $720 | $120 |
| 2015 Hyundai Santa Fe | $1,372 | $686 | $114 |
| 2014 Hyundai Santa Fe | $1,332 | $666 | $111 |
| 2013 Hyundai Santa Fe | $1,296 | $648 | $108 |
The Santa Fe vs. other SUVs: How does it rank?
The Hyundai Santa Fe ranks 23rd out of 31 total comparison vehicles in the 2023 midsize SUV segment for insurance cost. The Santa Fe costs an average of $1,858 per year to insure for full coverage and the category median rate is $1,770 annually, a difference of $88 per year.
When compared to top-selling vehicles in the midsize SUV class, car insurance for a Hyundai Santa Fe costs $68 less per year than the Jeep Grand Cherokee, $52 more than the Toyota Highlander, $316 more than the Ford Explorer, and $110 less than the Jeep Cherokee.
The table below shows how average car insurance rates for a 2023 Hyundai Santa Fe compare to all 31 models in the midsize SUV class.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Honda Passport | $1,404 | -$454 |
| 2 | Subaru Ascent | $1,472 | -$386 |
| 3 | Ford Edge | $1,534 | -$324 |
| 4 | Ford Explorer | $1,542 | -$316 |
| 5 | Volkswagen Atlas | $1,546 | -$312 |
| 6 | Nissan Murano | $1,554 | -$304 |
| 7 | Subaru Outback | $1,558 | -$300 |
| 8 | Volkswagen Atlas Cross Sport | $1,616 | -$242 |
| 9 | Toyota Venza | $1,650 | -$208 |
| 10 | Kia Sorento | $1,660 | -$198 |
| 11 | Hyundai Palisade | $1,680 | -$178 |
| 12 | Toyota 4Runner | $1,696 | -$162 |
| 13 | GMC Acadia | $1,726 | -$132 |
| 14 | Chevrolet Traverse | $1,730 | -$128 |
| 15 | Honda Pilot | $1,742 | -$116 |
| 16 | Buick Enclave | $1,748 | -$110 |
| 17 | Nissan Pathfinder | $1,760 | -$98 |
| 18 | Mazda CX-9 | $1,762 | -$96 |
| 19 | Mitsubishi Outlander Sport | $1,790 | -$68 |
| 20 | Kia Telluride | $1,798 | -$60 |
| 21 | Toyota Highlander | $1,806 | -$52 |
| 22 | Chevrolet Blazer | $1,836 | -$22 |
| 23 | Hyundai Santa Fe | $1,858 | -- |
| 24 | Jeep Grand Cherokee | $1,926 | $68 |
| 25 | Jeep Cherokee | $1,968 | $110 |
| 26 | Jeep Wrangler | $2,008 | $150 |
| 27 | Ford Bronco | $2,014 | $156 |
| 28 | Tesla Model Y | $2,026 | $168 |
| 29 | Mitsubishi Outlander PHEV | $2,072 | $214 |
| 30 | Dodge Durango | $2,158 | $300 |
| 31 | Rivian R1S | $2,216 | $358 |
When we factor vehicle price (MSRP) into the comparison, it enables us to see how average car insurance cost compares between the Santa Fe and midsize non-luxury SUV models that are closest in purchase price.
For the 2023 model year, the average purchase price for a Santa Fe is $37,841, which ranges from $28,200 to $46,010, depending on the trim level being purchased.
The four SUV models closest in price to the Santa Fe are the Toyota Venza, Kia Sorento, Jeep Cherokee, and Subaru Outback. The data below shows how those models compare to a 2023 Santa Fe by both sticker price and the cost to insure.
- Compared to the Toyota Venza – The 2023 Toyota Venza retails for an average of $38,018 ($33,595 to $41,740), which is $177 more expensive than the MSRP for the Hyundai Santa Fe. The cost to insure a Santa Fe compared to the Toyota Venza is $208 more each year on average.
- Compared to the Kia Sorento – Having an average sticker price of $38,826 and ranging from $29,990 to $49,890, the Kia Sorento costs $985 more than the MSRP for the Hyundai Santa Fe. The cost to insure a 2023 Hyundai Santa Fe compared to the Kia Sorento is $198 more annually on average.
- Compared to the Jeep Cherokee – The Jeep Cherokee has an average sticker price of $36,678, ranging from $34,859 to $39,345, which is $1,163 cheaper than the MSRP for the Hyundai Santa Fe. Anticipate paying around $110 more each year to insure the Jeep Cherokee compared to a Santa Fe.
- Compared to the Subaru Outback – The 2023 Subaru Outback has an average sticker price of $36,306, ranging from $28,395 to $42,292, which is $1,535 cheaper than the average cost of the Hyundai Santa Fe. Car insurance for the Subaru Outback costs an average of $300 less each year than the Hyundai Santa Fe.
Is insurance cheap for a Hyundai Santa Fe?
With Hyundai Santa Fe auto insurance rates ranging from $1,688 to $1,964 per year on average, the most economical trim level to insure is the SE. The second cheapest trim level to insure is the SEL also at $1,770 per year. On average, plan on paying at least $141 per month for a policy with full coverage.
The two most expensive models of Hyundai Santa Fe to insure are the Plug-in Hybrid Limited the Calligraphy at $1,924 per year. Those trim levels will cost an extra $276 per year over the least expensive SE model.
The next table shows the average annual and 6-month car insurance policy costs, in addition to a monthly budget amount, for each Hyundai Santa Fe model trim level.
| Hyundai Santa Fe Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| SE | $1,688 | $844 | $141 |
| SEL | $1,770 | $885 | $148 |
| XRT | $1,804 | $902 | $150 |
| Hybrid Blue | $1,840 | $920 | $153 |
| Hybrid SEL Premium | $1,892 | $946 | $158 |
| Limited | $1,898 | $949 | $158 |
| Plug-in Hybrid SEL Convenience | $1,898 | $949 | $158 |
| Hybrid Limited | $1,914 | $957 | $160 |
| Calligraphy | $1,924 | $962 | $160 |
| Plug-in Hybrid Limited | $1,964 | $982 | $164 |
Average rates by U.S. city and state
The cost to insure a Hyundai Santa Fe can range widely, from cheaper premiums like $1,174 a year in Raleigh, NC, or $1,252 in Virginia Beach, VA, to expensive rates such as $2,862 a year in Las Vegas, NV, and $2,872 for car insurance in Philadelphia.
The chart below visualizes Hyundai Santa Fe car insurance cost for the most populated metro areas in America.
When comparing Hyundai Santa Fe insurance rates from a broader perspective, states like Maine ($1,128) and Virginia ($1,242) have cheaper car insurance rates, while states like Nevada ($2,206), Florida ($2,284), and Michigan ($2,498) have expensive car insurance rates.
The table below shows average annual, semi-annual, and monthly insurance rates for a 2023 Hyundai Santa Fe in all 50 states.
| U.S. State | Annual Cost | Six-month Cost | Monthly Cost |
|---|---|---|---|
| Alabama | $1,666 | $833 | $139 |
| Alaska | $1,408 | $704 | $117 |
| Arizona | $1,696 | $848 | $141 |
| Arkansas | $1,934 | $967 | $161 |
| California | $2,226 | $1,113 | $186 |
| Colorado | $1,980 | $990 | $165 |
| Connecticut | $2,054 | $1,027 | $171 |
| Delaware | $2,098 | $1,049 | $175 |
| Florida | $2,284 | $1,142 | $190 |
| Georgia | $1,890 | $945 | $158 |
| Hawaii | $1,272 | $636 | $106 |
| Idaho | $1,330 | $665 | $111 |
| Illinois | $1,626 | $813 | $136 |
| Indiana | $1,390 | $695 | $116 |
| Iowa | $1,248 | $624 | $104 |
| Kansas | $1,820 | $910 | $152 |
| Kentucky | $1,978 | $989 | $165 |
| Louisiana | $2,184 | $1,092 | $182 |
| Maine | $1,128 | $564 | $94 |
| Maryland | $1,720 | $860 | $143 |
| Massachusetts | $2,012 | $1,006 | $168 |
| Michigan | $2,498 | $1,249 | $208 |
| Minnesota | $1,592 | $796 | $133 |
| Mississippi | $1,804 | $902 | $150 |
| Missouri | $2,080 | $1,040 | $173 |
| Montana | $1,698 | $849 | $142 |
| Nebraska | $1,550 | $775 | $129 |
| Nevada | $2,206 | $1,103 | $184 |
| New Hampshire | $1,252 | $626 | $104 |
| New Jersey | $2,232 | $1,116 | $186 |
| New Mexico | $1,526 | $763 | $127 |
| New York | $2,138 | $1,069 | $178 |
| North Carolina | $1,170 | $585 | $98 |
| North Dakota | $1,536 | $768 | $128 |
| Ohio | $1,304 | $652 | $109 |
| Oklahoma | $2,038 | $1,019 | $170 |
| Oregon | $1,728 | $864 | $144 |
| Pennsylvania | $1,776 | $888 | $148 |
| Rhode Island | $2,282 | $1,141 | $190 |
| South Carolina | $1,556 | $778 | $130 |
| South Dakota | $1,900 | $950 | $158 |
| Tennessee | $1,762 | $881 | $147 |
| Texas | $1,720 | $860 | $143 |
| Utah | $1,626 | $813 | $136 |
| Vermont | $1,356 | $678 | $113 |
| Virginia | $1,242 | $621 | $104 |
| Washington | $1,672 | $836 | $139 |
| West Virginia | $1,652 | $826 | $138 |
| Wisconsin | $1,334 | $667 | $111 |
| Wyoming | $1,646 | $823 | $137 |
In conclusion, here are a few additional rate figures as well as some ways to reduce insurance costs, if that’s your goal.
- Santa Fe insurance rates for teenagers are high. Average rates for full coverage Santa Fe insurance costs $6,690 per year for a 16-year-old driver, $6,254 per year for a 17-year-old driver, and $5,842 per year for an 18-year-old driver.
- Choosing a higher physical damage deductible lowers rates. Increasing your policy deductibles from $500 to $1,000 could save around $288 per year for a 40-year-old driver and $566 per year for a 20-year-old driver.
- The lower deductible you choose, the higher the policy cost. Lowering your physical damage coverage deductibles from $500 to $250 could cost an additional $302 per year for a 40-year-old driver and $596 per year for a 20-year-old driver.
- Earn policy discounts to save money. Discounts may be available if the insureds take a defensive driving course, are senior citizens, sign their policy early, are military or federal employees, drive a vehicle with safety or anti-theft features, or many other policy discounts which could save the average driver as much as $318 per year.
- As driver age goes up, rates trend downward. The difference in insurance cost for a Hyundai Santa Fe between a 60-year-old driver ($1,660 per year) and a 30-year-old driver ($1,954 per year) is $294, or a savings of 16.3%.
- Raise your credit score for cheaper insurance rates. Having a good credit rating over 800 could save as much as $292 per year versus a rating of 670-739. Conversely, a below-average credit rating could cost around $338 more per year. Some states do not allow credit scores to be used as a rating factor, so this discount may not be available to you depending on where you live.
