Hyundai Car Insurance Quotes from $127/month

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First published on February 26, 2025

2 minute read

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Key Facts About Insuring a Hyundai in Ontario

The figures below are based on MyChoice’s proprietary online quote data collected from Hyundai drivers in Ontario in 2026.

Average Hyundai insurance
premium (Ontario):
$2,181
Cheapest Hyundai model to insure:Accent ($1,662)
Most expensive Hyundai model to insure:Genesis ($2,465)
Cheaper alternatives to Hyundai
for car insurance:
Mitsubishi ($1,519), Fiat ($1,612),
Volkswagen ($1,644), Subaru ($1,702)
Hyundai collision rate in Ontario:10.4% of Hyundai drivers have
≥1 at-fault accident

How Much Does it Cost to Insure Your Hyundai in Ontario?

Where you park your Hyundai matters. Hyundai insurance in Ontario averages $2,181 a year, but rates swing widely by city, climbing in claims-heavy markets like Vaughan and easing in smaller communities such as Hamilton.

Here’s the estimated average annual Hyundai premium across Ontario:

CityAverage Annual
Insurance Premium
Brampton, ON$3,551
Scarborough, ON$3,117
Vaughan, ON$2,767
Mississauga, ON$2,552
Markham, ON$2,419
Toronto, ON$2,402
Barrie, ON$2,166
Oshawa, ON$2,165
London, ON$2,084
Windsor, ON$2,081
Thunder Bay, ON$2,079
Hamilton, ON$1,913
Sudbury, ON$1,884
Kitchener, ON$1,852
Kingston, ON$1,778
Ottawa, ON$1,719

How Hyundai Car Insurance Costs Compare to Similar Vehicle Brands

When selecting a vehicle, many buyers weigh the insurance rates of different brands against each other, since insurance costs can significantly influence the decision. Based on our internal Ontario quote data, Hyundai sits in a moderate price band relative to comparable brands. Hyundai insurance generally costs more than GMC, Nissan, Mini, but less than Lexus, Toyota, Volvo.

Here’s how the average annual Ontario premiums compare:

Car ModelAverage Annual
Insurance Premium
GMC$2,104
Nissan$2,113
Mini$2,122
Hyundai$2,181
Lexus$2,206
Toyota$2,209
Volvo$2,227

Hyundai Car Insurance Rates Through The Years

Over the past six years, average insurance premiums for Hyundai in Ontario have been steadily increasing. Premium growth was relatively modest between 2020 and 2021 but began accelerating in 2022 as repair costs climbed, vehicle theft remained elevated, and inflation pushed up claims and operating expenses across the insurance industry.

YearAverage Annual
Insurance Premium
YoY Change
2020$1,481
2021$1,590+7.4%
2022$1,723+8.4%
2023$1,804+4.7%
2024$1,992+10.4%
2025$2,163+8.6%
2026$2,181+0.8%

Hyundai Car Insurance Rates by Model & Year Make

The Hyundai model you drive moves your premium meaningfully. Among popular Hyundai models in our data, the Accent is the cheapest to insure while the Genesis sits at the top — sportier and pricier-to-repair models cost more.

Below are average annual Ontario premiums for the most-quoted Hyundai models:

ModelAverage Annual
Insurance Premium
Accent$1,662
Santa Fe$1,732
Venue$1,902
KONA$1,904
Tucson$1,987
Sonata$2,386
Elantra$2,443
Genesis$2,465

Most Popular Hyundai Vehicles

Hyundai Elantra

The Hyundai Elantra continues to be one of the top-selling vehicles in Canada, with between 2500 and 3500 models sold each month. It’s one of the best compact cars on the market, known to be extremely reliable but affordable. It has great gas mileage with 29-40 MPG on the highway and many features. The car has an extremely comfortable cabin and larger cargo/trunk space than most other cars.

Hyundai Accent

The Hyundai Accent is another very popular sub-compact car in Canada. It’s been fully redesigned for 2018, which is very attractive to buyers. The car has a quiet interior space, rides smoothly 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 will impress your friends with its trendy-looking interior!

Hyundai Santa Fe

The Hyundai Santa Fe is a great vehicle for Canadians looking for something a little larger or needing an SUV/Truck. It’s a midsize SUV, so it’s just right too small or too large; however, you can order the 2018 model with either two or three rows of seats, so you can choose what suits your lifestyle! This vehicle has a comfortable interior and smooth ride, but it also packs a punch of power with its V6 engine (which still manages to be fuel efficient!) What makes this SUV so popular is its class-leading warranty and buyer’s coverage.

Hyundai Insurance FAQs

Which Hyundai model is the cheapest to insure?

The Hyundai Accent is the most affordable model to insure, with an annual average insurance premium of $1,662.

Are Hyundai vehicles safe?

Hyundai’s website claims that “Good is never good enough” regarding safety; it is a top priority for the company. 

A large number of Hyundai have been given 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 a top priority for Hyundai.

Methodology

Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.

Profiles

Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.

Team

MyChoice data science, MyChoice research.

Sources

1. Mychoice.ca Internal Data, Hyundai Car Insurance Rates, Car Insurance Quotes Collected, 2026.

2. Mychoice.ca Internal Data, Hyundai Car Insurance Rates, Car Insurance Quotes Collected, 2026.

3. Mychoice.ca Internal Data, Hyundai Car Insurance Rates, Car Insurance Quotes Collected, 2026.

4. Mychoice.ca Internal Data, Hyundai Car Insurance Rates, Car Insurance Quotes Collected, 2020-2026.

5. Mychoice.ca Internal Data, Hyundai Car Insurance Rates, Car Insurance Quotes Collected, 2026.

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