Hyundai is an automotive brand originating in Korea. Along with Kia and the luxury Genesis brand, it forms part of Hyundai Motor Group. Hyundai’s current line-up in Canada includes compact sedans, small crossovers, three-row SUVs, hybrids, plug-in hybrids, and electric vehicles. Many factors can influence insurance costs across this product range, including replacement costs for battery components, cameras, sensors and other parts, model-specific theft experience, vehicle use, and driver history and location.
This page draws on MyChoice internal quote data to compare Hyundai insurance premiums by model and Ontario city, examine new-versus-used estimates and benchmark the brand against mainstream rivals. It also identifies where deductibles, optional physical-damage coverage, rental transportation and depreciation protection require vehicle-specific answers.
What Ontario Drivers Should Know About Hyundai Insurance
Hyundai’s $2,684 median annual Ontario premium is 14% above the $2,345 all-vehicle benchmark. Model-specific median estimates range from about $1,715 for the Santa Fe 2WD to $3,634 for the Elantra Preferred. That one of Hyundai’s most affordable vehicles sits at the top of that $1,919 spread suggests that factors outside the make and model may be more influential in insurance quoting such as driver history and postal code.
| Median Hyundai premium (Ontario) | $2,684 |
| Hyundai vs Ontario all-vehicle median | +14% |
| Cheapest Hyundai model to insure in Ontario | Santa Fe 4Dr 2WD (~$1,715) |
| Most expensive Hyundai model to insure in Ontario | Elantra Preferred 4Dr (~$3,634) |
| Cheapest alternatives to insure | Mazda ($2,124), Toyota ($2,197), Mitsubishi ($2,235), Subaru ($2,272) |
What Hyundai Rates Look Like Across Ontario
On a city-specific median basis, a 2013 Santa Fe in Oshawa is the most affordable Hyundai model to insure in the below dataset at $2,064, while a 2025 Elantra Luxury Hybrid in Mississauga reaches $4,236. Two Elantra Preferred records differ by $340 across Guelph and Hamilton. Model year, city and other quote details change together, so the table does not isolate one cause.
| City | Model | Model Year | List Price | Median Annual Car Insurance Premium |
|---|---|---|---|---|
| Etobicoke, ON | Tucson Preferred AWD | 2019 | $32,810 | $3,875 |
| Guelph, ON | Elantra Preferred 4Dr | 2022 | $23,886 | $2,963 |
| Hamilton, ON | Elantra Preferred 4Dr | 2020 | $22,390 | $3,303 |
| Kitchener, ON | Venue Preferred | 2021 | $22,678 | $2,573 |
| Mississauga, ON | Elantra Luxury HEV | 2025 | $32,338 | $4,236 |
| Oshawa, ON | Santa Fe 2WD | 2013 | $28,769 | $2,064 |
| St. Catharines, ON | Kona Preferred AWD | 2023 | $27,718 | $2,703 |
| Welland, ON | Elantra Luxury HEV 4Dr | 2026 | $33,073 | $3,302 |
Hyundai Auto Insurance for New and Used Vehicles
A used Hyundai may be slightly cheaper to insure. Our data estimates an annual auto insurance premium of $2,574 for a used Hyundai, compared with $2,765 for a new one.
| Vehicle | Median Annual Car Insurance Premium |
|---|---|
| New Hyundai | $2,765 |
| Used Hyundai | $2,574 |
Where Hyundai Falls Among Mainstream Makes
Hyundai has the highest median auto insurance premium among the nine mainstream brands shown, at $2,684 per year. That is $178 more than Volkswagen, $385 more than Kia, and $560 more than Mazda.
| Car brand | Median Annual Car Insurance Premium |
|---|---|
| Mazda | $2,124 |
| Toyota | $2,197 |
| Mitsubishi | $2,235 |
| Subaru | $2,272 |
| Kia | $2,299 |
| Honda | $2,303 |
| Nissan | $2,320 |
| Volkswagen | $2,506 |
| Hyundai | $2,684 |
What Hyundai Shoppers Can Buy New in Canada
Based on information from the Hyundai Canada website, the brand’s current product line-up includes the Elantra compact and Sonata midsize sedans; the Elantra N performance car; a full line of SUVs including the subcompact Venue and Kona, the compact Tucson (also available as a hybrid and plug-in hybrid), the midsize two-row Santa Fe Hybrid and midsize three-row Palisade and Palisade Hybrid; and the Kona Electric, Ioniq 5 and Ioniq 9 EVs. Discontinued vehicles shoppers may still be able to find used include the Hyundai Accent subcompact car, the Hyundai Ioniq line of first-generation electrified vehicles, and the Ioniq 6 electric sedan.
Hyundai Cost and Safety Questions, Answered
What should you budget to insure a Hyundai in Ontario?
According to MyChoice’s internal quote data, the 2026 Ontario clean-driver median insurance premium for a Hyundai vehicle is $2,684, which is 14% above the $2,345 all-vehicle median. The Santa Fe 2WD has the lowest model-specific median estimate at about $1,715 a year, while the Elantra Preferred has the highest at about $3,634. These are planning figures, not personal quotes. Model year, repair costs, theft and claims experience, location, driving record, annual use, selected coverage and deductible can all change the price.
How safe and reliable are current Hyundai models?
J.D. Power’s 2026 U.S. Vehicle Dependability Study ranks Hyundai slightly above the industry average for reliability. The Insurance Institute for Highway Safety (IIHS) identifies much of the Hyundai line-up as Top Safety Pick+, including the 2026 Kona, Tucson, Santa Fe, Palisade, Sonata, Ioniq 5 and Ioniq 9, while the 2026 Elantra is a Top Safety Pick. Hyundai offers modern safety and driver assistance features on most of its vehicles, though not all features are standard in all cases, particularly on older and lower-priced models. Confirm the equipment and independent safety and reliability ratings for the specific vehicle you are considering.