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.
Using the quotes from our database, MyChoice compared Hyundai insurance quotes in certain cities and for certain vehicles in Ontario. We also compare the cost of insuring a Hyundai against other mainstream automakers and compare quotes for new and used Hyundais.
What Ontario Drivers Should Know About Hyundai Insurance
Hyundai’s median yearly insurance cost in Ontario is higher than the median of $2,345 for all makes and models. It costs 14% more to insure a Hyundai in Ontario.
| 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 dataset below 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 that 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 median annual premium (clean driver) for a Hyundai in Ontario in 2026 is $2,684. That is 14% higher than the median annual premium of $2,345 across all vehicles.
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.