Hyundai Venue Insurance Cost for 2023

• Hyundai Venue insurance costs $1,440 per year (about $120 per month) for a full coverage policy.
• Ranked ninth out of 47 other models in the 2023 small SUV class, car insurance rates for the Hyundai Venue cost $166 less per year than the average cost for the segment.
• The base Venue SE model is the cheapest to insure at around $1,388 per year, or $116 per month.
• The model with the most expensive insurance is the Limited at $1,492 per year, or around $124 per month.

How much does Hyundai Venue insurance cost?

Ranked ninth out of 47 vehicles in the small SUV class, Hyundai Venue insurance costs on average $1,440 a year, or around $120 monthly. With the average small SUV costing $1,606 a year to insure, the Hyundai Venue could save around $166 or more annually.

The rate chart below shows how Venue auto insurance rates can change with different ages of driver and physical damage deductibles.

The rate table below shows the estimated annual and 6-month policy costs, including a monthly insurance rate, for each 2023 Hyundai Venue trim level.

The rate table below shows average Hyundai Venue full coverage insurance policy costs from the 2020 to the 2023 model years.

Additional rates and insights

Additional important insights concerning Venue insurance cost include:

• Obey driving laws to keep rates low. To get the cheapest Hyundai Venue insurance price, it’s necessary to follow the law. Just one or two traffic citations have the potential to raise rates by at least $378 per year. Being convicted of a major violation like driving while intoxicated could raise rates by an additional $1,316 or more.
• Better credit scores yield better car insurance rates. Having an excellent credit rating above 800 could save around $226 per year over a slightly lower credit rating between 670-739. Conversely, a weak credit score could cost as much as $262 more per year.
• Get better rates due to your profession. Most auto insurance providers offer policy discounts for being employed in occupations like engineers, accountants, members of the military, dentists, emergency medical technicians, and others. If you can get this discount applied to your policy, you may save between $43 and $178 on your annual insurance bill, depending on your age.
• The cost to insure teenage drivers is high. Average rates for full coverage Venue insurance costs $5,284 per year for a 16-year-old driver, $4,890 per year for a 17-year-old driver, $4,550 per year for a 18-year-old driver, and $4,084 per year for a 19-year-old driver.
• High-risk car insurance can get expensive. For a 30-year-old driver, having too many accidents or violations can cause a rate increase of $1,746 or more per year.
• Safe drivers have cheaper Venue insurance. Too many at-fault accidents can cost more, possibly by an additional $2,006 per year for a 20-year-old driver and even $596 per year for a 40-year-old driver.

The Hyundai Venue vs. other small SUVs

The Hyundai Venue ranks ninth out of 47 comparison vehicles in the small SUV segment for auto insurance affordability. The Venue costs an estimated $1,440 per year for an auto insurance policy with full coverage and the category median cost is $1,606 annually, a difference of $166 per year.

When compared directly to popular vehicles in the small SUV segment, car insurance rates for a Hyundai Venue cost $194 less per year than the Toyota RAV4, $56 less than the Honda CR-V, and $148 less than the Chevrolet Equinox.

The next table shows how insurance cost for the Venue compares to all other compact SUVs for the 2023 model year.