About Hyundai Car Insurance
Hyundai vehicles are some of the top performing cars and SUVs out on the market right now, throughout the world.
They are especially popular in Canada-in fact, Hyundai‘s account for more than 10 percent of the market share (cars sold) in Canada over the past year. That’s a lot! These cars and SUVs are known to be reliable, and the wide variety of makes and models means they are a perfect fit for nearly everyone: from the bachelor or single woman, retiring grandparent, the family with many children or brand new driver. No matter who you are, if you own a Hyundai, you want to protect your valuable asset by purchasing insurance.
Hyundai car insurance is important, but it’s also easy to acquire, and thankfully, much less expensive than it is for other makes of vehicles. By the time you’re done reading this, we’re going to teach you everything you need to know about choosing the right insurance and coverage for your lifestyle, and you’ll learn some informative tips about Hyundai along the way!
A Brief History of Hyundai
Hyundai Motor Company was founded in 1967 by Chung Ju-Yung. The word “Hyundai” means modernity which makes sense, as the company is always forward thinking and providing its customers with the latest technology. In less than 50 years, it has become one of the largest auto manufacturers in the world!
Hyundai started to become well known in the world after the 1975 release of the Hyundai Pony, the car that most experts say was the true beginning of the Korean car market. However, Hyundai still did not make its way to Canada until 1984. It is interesting to note that the company chose to start manufacturing in North America in Canada over America. This was because of complications with US emission standards. The sales of the vehicle exploded, far exceeding the company’s expectations. Since coming to Canada, there’s been a large number of times that Hyundai has been the top selling vehicle manufacturer in Canada.
Average Insurance Rates for Hyundai Vehicles in Canada
Good news! Insurance for Hyundais will not cost an arm and a leg! The rates will vary, depending on the model vehicle that you have (for example, SUV’s are almost always more expensive to ensure), its age, how much you drive it, where you live and what insurance provider you choose. We did a little research for you, using two of the most popular Hyundai vehicles: the Elantra and Accent.
- Estimated Average Insurance Costs for 2018 Hyundai Elantra – $1,440.00.
- Estimated Average Insurance Costs for 2018 Hyundai Accent – $1,580.00
Most Popular Hyundai Vehicles
The Hyundai Elantra continues to be one of the top selling vehicles in all of Canada, with between 2500-3500 models sold EACH month. It’s one of the best compact cars on the market, known to be extremely reliable, but also affordable. It gets great gas mileage with 29-40 MPG on the highway and has lots of available features. The car has an extremely comfortable cabin and larger cargo/trunk space than most other cars in its class.
The Hyundai Accent is another very popular sub-compact cars in Canada. Its been fully redesigned for 2018, which is very attractive to buyers. The car has a very quiet interior space, rides very smooth and is very comfortable. Not to mention, it is also extremely reliable. The car gets excellent gas mileage; between 37-38 MPG on the highway. It seats five and is sure to impress your friends with its trendy looking interior!
The Hyundai Santa Fe is a great vehicle for Canadians who are looking for something a little larger or need an SUV/Truck. It’s a midsize SUV, so its just right-not too small or too large, however, you can order the 2018 model with either two or three rows of seats, so you choose what suits your lifestyle! This vehicle has a comfortable interior and smooth ride, but also packs a punch of power with its V6 engine (that still manages to be fuel efficient!) What really makes this SUV so popular is its class leading warranty and buyer’s coverage.
Average Safety Ratings of Hyundai
Hyundai’s website claims that “Good is never good enough” when it comes to safety; it is a top priority for the company.
In 2016, five models (the Tucson, Elantra, Sonata, Santa Fe & Santa Fe Sport were awarded the Top Safety Pick+by the Insurance Institute for Highway Safety (IIHS). The IIHS also ranked the Tuscon, IONIQ HEV, and another of others as its “best cars” for 2018.
Additionally, a large number of Hyundai’s have been giving the top 5 star safety rating by the US National Highway Traffic Safety Administration, and others have won awards from Kelly Blue Book and Women’s World Car of the Year. Safety is surely top priority for Hyundai.
Compare the Best Quotes on Hyundai Auto Insurance
Insurance for Hyundais is easily accessible, but you want to make sure you’re getting all of the coverage that you need and that you’re getting a good deal.