Hyundai Venue Insurance Cost for 2023

How much will it cost to insure a Hyundai Venue?

We compared average insurance prices from the SE model up to the more expensive Limited trim to see how the 2023 Venue ranks against the small SUV segment.

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  • 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.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Hyundai Venue with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Hyundai Venue trim levels.Data last updated on December 30, 2022
Hyundai Venue Car Insurance Rates
Hyundai Venue Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,466$206
$500$2,848$237
$250$3,248$271
30$1,000$1,286$107
$500$1,502$125
$250$1,728$144
40$1,000$1,240$103
$500$1,440$120
$250$1,644$137
50$1,000$1,134$95
$500$1,312$109
$250$1,498$125
60$1,000$1,112$93
$500$1,284$107
$250$1,468$122

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.

2023 Hyundai Venue Insurance Cost by Trim Level
Hyundai Venue Trim Level Annual Policy 6-month Policy Per Month
SE$1,388$694$116
SEL$1,440$720$120
Limited$1,492$746$124

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Hyundai Venue, 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 December 30, 2022
Hyundai Venue Insurance Cost by Trim Level

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

Hyundai Venue Insurance Cost for 2020-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 Hyundai Venue$1,440$720$120
2022 Hyundai Venue$1,410$705$118
2021 Hyundai Venue$1,372$686$114
2020 Hyundai Venue$1,356$678$113

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates assume 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 December 29, 2022
Hyundai Venue Insurance Cost by Model Year

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.

Insurance Cost Comparison: Hyundai Venue vs Small SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Trailblazer$1,334-$106
2Subaru Crosstrek$1,346-$94
3Nissan Kicks$1,354-$86
4Nissan Rogue Sport$1,378-$62
5Mazda CX-5$1,386-$54
6Buick Encore$1,406-$34
7Buick Envision$1,410-$30
8Kia Seltos$1,430-$10
9Hyundai Venue$1,440--
10Honda HR-V$1,464$24
11Hyundai Kona$1,480$40
12Subaru Forester$1,486$46
13Honda CR-V$1,496$56
14Mazda CX-30$1,498$58
15Chevrolet Trax$1,514$74
16Volkswagen Tiguan$1,532$92
17Ford Bronco Sport$1,536$96
18Fiat 500X$1,564$124
19GMC Terrain$1,566$126
20Kia Soul$1,568$128
21Mitsubishi Eclipse Cross$1,572$132
22Chevrolet Equinox$1,588$148
23Toyota Corolla Cross$1,592$152
24Volkswagen Taos$1,600$160
25Mazda CX-50$1,610$170
26Hyundai Tucson$1,614$174
27Ford Escape$1,616$176
28Nissan Rogue$1,622$182
29Toyota RAV4$1,634$194
30Mazda MX-30$1,636$196
31Kia Niro$1,638$198
32Mini Cooper$1,648$208
33Jeep Compass$1,652$212
34Mini Cooper Clubman$1,674$234
35Jeep Renegade$1,698$258
36Chevrolet Bolt$1,710$270
37Toyota bz4X$1,716$276
38Kia Sportage$1,760$320
39Hyundai Ioniq 5$1,764$324
40Mini Cooper Countryman$1,812$372
41Mitsubishi Mirage$1,818$378
42Mitsubishi Outlander$1,820$380
43Volkswagen ID4$1,832$392
44Kia EV6$1,870$430
45Dodge Hornet$1,872$432
46Hyundai Nexo$1,938$498
47Ford Mustang Mach-E$1,996$556

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 December 29, 2022
Insurance Cost Comparison: Hyundai Venue vs Small SUVs