Hyundai Sonata Insurance Rates

Hyundai Sonata Stats Summary

Affordable Hyundai Sonata insurance rates are about $115 per month. Finding the most affordable Hyundai Sonata insurance rates doesn’t have to be tricky. We’ve collected everything you need to know such as the cheapest Hyundai Sonata car insurance rates overall, by claims and losses and we also touch on the Hyundai Sonata safety ratings.

It’s also important to compare rates from multiple car insurance companies before choosing the right Hyundai Sonata policy.

Learn more about Hyundai Sonata car insurance rates.

Hyundai Sonata Car Insurance Rates

When you’re shopping for cheap Hyundai Sonata car insurance, you’ll come to know general coverage level options and minimum requirements for car insurance. The coverage levels are another name for coverage limits for minimum requirements for car insurance. Car insurance minimum requirements vary from state to state.

Therefore, state minimum car insurance requirements are different in each state. What is the minimum requirement for car insurance?

The minimum requirement is liability car insurance.

The different parts of liability car insurance are bodily injury liability and property damage liability. In select states, additional liabilities such as personal injury protection (PIP), medical payments (MedPay), uninsured/underinsured motorist coverage (UM/UIM) are included in liability coverage.

Under liability car insurance, there are different coverage levels that increase the limit of liability car insurance. However, higher coverage limits will increase your insurance rates per year.

What does this all mean for Hyundai Sonata car insurance? Liability car insurance is the minimum car insurance requirement you’ll need to insure your Hyundai Sonata. Let’s look at Hyundai Sonata’s annual and monthly car insurance rates.

Average Hyundai Sonata Car Insurance Rates by Model and Trim Level

These Hyundai Sonata car insurance rates are based on the model and trim level. Annual rates for each Hyundai Sonata model and trim level is under $1,600 per year and no more than $126 per month.

The trim level is the only way car insurance companies can determine car insurance rates for the Hyundai Sonata. Car insurance companies can determine car insurance rates by make and model year. How much is Hyundai Sonata car insurance by model year?  Let’s examine the average insurance cost for Hyundai Sonata in the four latest make and model years.

Average Hyundai Sonata Car Insurance Rates by Model Year

The 2017-2020 Hyundai Sonata insurance costs less than $1,430 per year. These annual rates are general car insurance rates for each model year. The Hyundai Sonata insurance cost is based on basic car insurance coverages such as liability, collision, and comprehensive. The average 2011 Hyundai Sonata insurance rates cost is $1,186 a year including full coverage. On the other hand, the average 2015 Hyundai Sonata insurance rates are $1,312 a year including full coverage.

When you finance or lease a car, the lender will require you to add comprehensive and collision car insurance coverage to your policy. Adding comprehensive and collision coverage is also known as full coverage. This will make sure that the cost of damage to your Hyundai Sonata will be covered regardless of who is at fault if you get into an accident.

To make sure the Hyundai Sonata is covered entirely, the lender will enroll your car into force-placed insurance.

Force-placed insurance will cover the cost of a damaged vehicle if the driver’s car insurance coverage limits are too low.

You’re likely to be recommended a higher coverage limit to prevent this from happening. Car insurance companies have many determining factors that can decrease your insurance rates. Determining factors for car insurance include commute mileage, coverage level, credit history, driving record, age, gender, marital status, and location.

Cars with the lowest insurance rates go through these factors and companies will give you policy discounts if those factors prove that you’re not high-risk.

What are the liability car insurance rates for the Hyundai Sonata?

We talked briefly about bodily injury liability and property damage liability. These are parts of liability car insurance with different roles. Bodily injury liability pays for bodily injury of one or more people per accident, while property damage pays for damage to vehicles or other property that was affected by a car accident you were involved in.

Liability car insurance only compensates the no-fault driver, and covers you as the at-fault driver.

The purpose of liability car insurance is to protect your finances if you get into an accident. Car insurance rates vary by vehicle make and model, which we’ve seen in the data tables in the previous section. But let’s look at how much Hyundai Sonata liability car insurance coverage costs.

Average Hyundai Sonata Liability Car Insurance Rates by Model Year

It’s interesting to see how liability car insurance rates for the Hyundai Sonata increase for older model years. This means that Hyundai has made the Sonata model safer in the last three years. We’ll talk more about why car insurance rates decrease because of safety later in this guide. For now, let’s explore how the coverage level determines car insurance rates.

The coverage level describes different levels of coverage limits. The minimum requirement for car insurance is considered the lowest, while higher coverage limits are labeled as medium or high.

Some of these coverage limits come in three or four levels. Here’s a data table that samples the coverage limits of three coverage levels for bodily injury (BI) and property damage (PD).

Average Bodily Injury and Property Damage Car Insurance Coverage Limits

What does this mean? The coverage limits listed in the table are often called coverage rules. For example, we would describe the low coverage level in the table as $25,000 for bodily injury of one person per accident, $50,000 for bodily injury of multiple people per accident, and $25,000 for property damage per accident.

Car insurance companies shorten this coverage rule as 25/50/25. The same goes for medium and high coverage levels.

What are the comprehensive and collision car insurance rates for the Hyundai Sonata?

Comprehensive and collision car insurance are two coverage options that will pay for damages to your car after an accident. Collision coverage pays for damage to your vehicle regardless of who is at fault. Comprehensive coverage pays for damage to your vehicle that does not involve a collision such as a vehicle theft, fire, storm damage, flood damage or a falling object.

How much is comprehensive and collision car insurance for the Hyundai Sonata? We can get the answer in the data table below.

Average Hyundai Sonata Comprehensive and Collision Car Insurance Rates by Model Year

Collision coverage, as seen in the data, is more expensive per year than comprehensive coverage. Collisions are more likely to occur than comprehensive damage. There’s a difference from liability coverage because newer vehicles are more expensive.

See how car insurance coverage increases for each new model year? This shows that the latest model years are more expensive to insure. It can also mean that the chances of property damage are greater than bodily injury.

How does the value of a Hyundai Sonata affect car insurance rates?

Before we go into the Hyundai Sonata’s value, let’s talk about how many Hyundai Sonatas have been sold. Good Car Bad Car lists the Hyundai Sonata as 58th on most vehicles sold in 2019.

Hyundai Sonata sales are measured by year-to-date sales (YTD sales) and year-to-date last year sales (YTD LY sales). In 2019, 87,466 Hyundai Sonatas were sold. However, the Hyundai Sonata had 105,118 units sold in 2018, which means in 2019 there was almost a 17 percent decrease in sales.

Speaking of sales, how much do you think the Hyundai Sonata is worth? There two ways to see the value of a car. One way is through the MSRP, and the other is through Fair Market Price (also called Fair Market Value). Let’s look at the MSRP and Fair Market Price for the Hyundai Sonata.

Hyundai Sonata MSRP and Fair Market Price Range

Compared to SUVs and Pickup Trucks, the Hyundai Sonata four-door sedan is much cheaper in value even for the MSRP. A customer can spend less than $25,000 for the latest Hyundai Sonata.

What’s the difference between MSRP and Fair Market Price Range? MSRP is an abbreviation of the manufacturer’s suggested retail price. However, the fair market price is the price that a car sells for after considering the car’s mileage, car history, and specs on the car.

The MSRP or fair market price of a vehicle is a factor for car insurance rates. The higher the MSRP and fair market range, the more your car insurance rates will cost per year.

Why? Cars that are more expensive will take more money to repair. It’s one of the reasons why comprehensive and collision coverages are much more expensive than Hyundai Sonata liability car insurance.

What about repairs? Are Hyundai Sonata repair costs expensive?

Car repair cost all depends on the severity of the repair or damage to the vehicle.

According to Repair Pal, Hyundai Sonata’s annual repair cost per year costs $458. The average annual repair costs for midsize cars is $526. All other vehicles have an average annual cost of $652.

How do Hyundai Sonata thefts affect car insurance rates?

Each year, the National Insurance Crime Bureau issues a press release showing the top 10 vehicle make and model thefts by state.

The Hyundai Sonata didn’t make the top 10 nationwide, however, the Hyundai Sonata was among the top 10 stolen vehicles in these eight states.

• District of Columbia – 2011 Hyundai Sonata, 7th
• Florida – 2013 Hyundai Sonata, 8th
• Maine – 2013 Hyundai Sonata, 6th; tied with 1996 Dodge Pickup
• Maryland – 2013 Hyundai Sonata, 9th
• New Mexico – 2017 Hyundai Sonata, 3rd
• North Carolina – 2011 Hyundai Sonata, 8th; tied with 1999 Jeep Cherokee
• Rhode Island – 2017 Hyundai Sonata, 7th; tied with 2000 Nissan Maxima
• Virginia – 2013 Hyundai Sonata, 10th

What does it mean for Hyundai Sonata car insurance rates? Car insurance companies will look at the risk of your car being stolen based on NICB statistics.

This could increase your comprehensive car insurance rates. In these eight locations, it is highly recommended that you get comprehensive coverage.

Car insurance providers will also consider your ZIP code. Urban areas tend to be more populated and have higher rates of risk, so car insurance companies will increase rates in urban areas.

If you ever wondered why a ZIP code of an urban area is more expensive than a rural area ZIP code, it’s because of the higher risk of vehicle theft and chances of getting into an accident.

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Hyundai Sonata Car Insurance Claims and Losses

The number of car insurance claims car insurance companies receive can change car insurance costs the following year. Car insurance law varies for each state.

Some states allow insurance providers to increase rates while the state government is reviewing whether the increase in rates is backed by statistics or some other form of proof. Other states in the U.S. will go over the statistics first before they allow insurance companies, including car insurance companies, to increase rates.

One of the ways car insurance companies can prove that they have to increase car insurance rates is through claims.

When you’re an accident and you have insurance, you’re supposed to file a claim.

However, the increase in claims means car insurance providers have to pay out more money to cover injuries and damages.

For the next few sub-sections, we’ll talk about the claim losses and claim frequency for 2016-2018 Hyundai Sonata and compare them to other vehicles in Hyundai Sonata’s vehicle size and class.

What are the loss statistics for bodily injury and property damage liability car insurance claims for the Hyundai Sonata?

An increase in claim loss statistics can increase your car insurance policy. More filed claims mean more money a car insurance company has to spend on car accidents.

Here’s a data table that shows the loss statistics of bodily injury and property damage of midsize four-door sedans. The data summary is from the Insurance Institute for Highway Safety (IIHS).

Bodily Injury and Property Damage Car Insurance Loss Rates of Midsize 4-Door Sedans

Two of the Hyundai Sonata trims have claim loss that’s average, which means claim loss statistics were likely expected for property damage. The Hyundai Sonata Hybrid had a claim loss that was worse than average under property damage. Bodily injury liability for all Hyundai Sonata trims was substantially worse than average.

What are the loss statistics for comprehensive and collision car insurance claims for the Hyundai Sonata?

Comprehensive and collision claims are no different than liability car insurance claims. Loss statistics vary for each vehicle make and model, but what were the loss statistics for the Hyundai Sonata?

Comprehensive and Collision Car Insurance Loss Rates of Midsize 4-Door Sedans

Most of the hybrid sedans in the data table have substantially worse than average claim loss statistics. This might be a sign that car insurance companies spent a lot of money on claims for 2016-2018 midsize sedans.

However, the Hyundai Sonata had claim loss statistics that were average for comprehensive car insurance. The Nissan Maxima, Kia Optima, and Honda Accord had comprehensive claim loss statistics that was substantially worse than average.

What are the loss statistics for personal injury and medical payments claims for the Hyundai Sonata?

Personal injury and medical payments are referring to personal injury protection (PIP) and medical payments (Med Pay) coverage. PIP is an extensive coverage that pays for lost wages, child care, funeral costs, and all other items that liability coverage won’t cover. Med Pay only covers medical bills that bodily injury won’t cover.

Let’s not assume the loss statistics for PIP and Med Pay are the same as bodily injury. Instead, let’s look at the IIHS loss statistics.

Personal Injury and Medical Payments Car Insurance Loss Rates of Midsize 4-Door Sedans

The PIP and Med Pay claim loss statistics are substantially worse than average for the Hyundai Sonata. The percentages for each claim loss frequency is worse than bodily injury and property damage. This might be why liability car insurance for the Hyundai Sonata is more expensive than comprehensive coverage.

Hyundai Sonata Safety Ratings

Safety ratings are determined by crash tests. The National Highway Traffic Safety Administration (NHTSA) and the IIHS conduct tests at their facilities on how well a vehicle responds to accidents. The results are measured by each organization’s standards.

Here are the Hyundai Sonata safety ratings from the NHTSA.

Hyundai Sonata NHTSA Safety Ratings

According to the NHTSA safety rating, the Hyundai Sonata has a perfect five out of five stars. Only one four-star rating is shown in the safety ratings. All other star ratings are perfect scores.

Does the Hyundai Sonata have a positive safety rating from IIHS? Let’s look at IIHS Hyundai Sonata safety ratings.

2020 Hyundai Sonata IIHS Safety Ratings

IIHS has selected the Hyundai Sonata has one of its top-rated vehicles based on safety ratings. The Hyundai Sonata also has a perfect score according to IIHS safety standards.

What is the size and class of the Hyundai Sonata?

The cheapest cars to insure are smaller vehicles. The Hyundai Sonata is a midsize four-door sedan (car). The curb weight for the Hyundai Sonata and other trim models is 3,120 lbs. to 3,336 lbs. The Hyundai Sonata dimensions are 193 inches (16.08 ft.) in length, 73 inches (6.08 ft.) in width, 57 inches (4.75 ft.) in height.

Did you know that midsize cars are one of the cars most affected by fatal accidents per million registered vehicles? The next three data tables will show the number of fatal accidents by the driver, point of impact, and occupant deaths per million registered vehicles.

Driver Deaths per Million Registered Cars

There are more drivers who own a midsize car, but the number of fatalities for midsize cars are the second-highest in fatalities. The death rate per million registered vehicles is 41 fatal accidents per million registered vehicles, which is next to the least death rate in the data table.

When fatal accidents do occur, what is the likely point of impact? The IIHS considered all points of impact on a vehicle. They’ve separated each vehicle class, which we’ve summarized in the data table below.

Car Occupants Death by Point of Initial Impact

The point of impact data focuses on cars like the Hyundai Sonata. The frontal point of impact crashes has the most fatalities and deaths per million registered cars. The second most deadly are crashes that have a point of impact on the side of the car.

The two data tables are recorded from IIHS’s latest data. What does the fatality rate look like for the past decade? Here’s another data table that shows the death rate per million registered vehicles in the past 10 years.

IIHS Car Deaths Per Million Registered Cars: 10-Year Trend

The data is separated by drivers and occupants (passengers). Drivers were less affected by fatal accidents, while occupants had a higher death rate. Based on the data, 2008 was the deadliest year, and 2014 was the least deadly year.

How does the safety of Hyundai Sonata compare to other vehicles?

We explained the size and curb weight of the Hyundai Sonata, but we didn’t explain why it’s a midsize car. There’s a way to tell the size of a car by using a car-size group guide.

IIHS Guide to Car Size Groups

If you multiply the length and width of the Hyundai Sonata, you’ll see that the square feet are about 98 ft. Hyundai Sonata’s curb weight is between 3,001 and 3,5000 lbs, so it would place the car within the midsize category.

Size and weight can affect people inside a vehicle during an accident. The force of an accident is directly related to an injury. Large vehicles have longer and sometimes stronger components, so they present less risk of injury, while smaller vehicles are more affected by the impact of a crash.

From what we’ve seen from death rates and the number of fatalities in smaller vehicles, car insurance companies look at the same statistics and prepare for the chance of an accident or fatal accident when issuing car insurance.

Vehicle manufacturers are constantly making their vehicles safer and more efficient, so they can reduce the number of fatal accidents that occur.

What does this all mean for Hyundai Sonata car insurance rates? Good safety ratings for a vehicle could mean cheaper car insurance rates. But the safety ratings can be negated by the number of claims of a vehicle’s size and class. The way around expensive car insurance rates is through discounts.

The last line of defense for your car insurance savings are the factors that determine car insurance. During the Hyundai Sonata insurance quote process, you’ll have an opportunity to report any personal information that will lower your car insurance rates.

Hyundai Sonata FAQs

In the final section of the Hyundai Sonata vehicle guide, we’ll go over frequently asked questions that you see in most search engines across the internet. For more information on other guides and reviews, look through our collection of articles to get all the information you need on car insurance.

Are Hyundai Sonatas expensive to insure?

That would be up to the person purchasing car insurance. Car insurance is different for each person and affordability depends on your personal finances. It does appear affordable. The monthly car insurance rate for a Hyundai Sonata is between $115 and $126.

Is Hyundai Sonata a luxury car?

There are a few articles out there that call the Hyundai Sonata a luxury car, but it’s technically a regular midsize sedan with qualities of a luxury car.

Are Hyundai Sonatas reliable?

According to Repair Pal, the Hyundai Sonata has a reliability rating of four out of five. Ultimately, you as the customer and driver have the last say.

Is the Hyundai Sonata a good car?

The NHTSA and IIHS graded the Hyundai Sonata as excellent overall in their safety ratings. It does have higher than average claims according to claim loss statistics, but it’s managed to keep car insurance rates under $2,000 per year.

Is Hyundai Sonata expensive to repair?

Compared to the 2017 Hyundai Sonata car insurance cost, no. The annual cost of repair and maintenance for a Hyundai Sonata is less than $500. Cars with the lowest car insurance rates don’t always have cheap repair costs, and the severity of the repair can change your annual cost of repairs.

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