Hyundai Nexo Insurance: by Model Year & Company
Hyundai Nexo insurance costs an average of $1,210 for a 6-month full coverage policy. Progressive offers the cheapest rate for the latest Hyundai Nexo at $130/mo or $778 for a 6-month full coverage policy.
- Shopping around? Use our calculator to compare average insurance rates by vehicle.
- Know your vehicle? Get a personalized quote by entering your zip code.
What to know about insuring a Hyundai Nexo:
- The Nexo costs more to insure than most SUVs. Averaging $202/mo for the Nexo versus $184/mo for typical SUVs.
- If you're considering a vehicle similar to the Nexo, like the Hyundai Accent ($153/mo), Hyundai Equus ($210/mo), or Hyundai Genesis ($187/mo), your insurance costs will be about the same.
- Progressive ($124/mo), GEICO ($153/mo), Erie ($170/mo) offer the cheapest full coverage rates.
The rates displayed are based on a full coverage 30-year-old male driver with no violations in 2025. Customizations to your vehicle (trim or modifications) and your driving history will impact your insurance costs. Consider these rates as a jumping off point for your search.
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Cheapest Companies
2023 Hyundai Nexo
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Progressive |
$1,556 |
| GEICO |
$1,871 |
| Erie |
$2,199 |
| Nationwide |
$2,229 |
| American Family |
$2,478 |
| USAA |
$2,550 |
| State Farm |
$2,761 |
| Farmers |
$3,189 |
| Allstate |
$4,845 |
Compare all 2023 Hyundai Nexo insurance rates.
Average Cost to Insure Per Year
$2,5932022 Hyundai Nexo
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Progressive |
$1,534 |
| Erie |
$2,093 |
| GEICO |
$2,189 |
| State Farm |
$2,242 |
| Nationwide |
$2,242 |
| American Family |
$2,370 |
| USAA |
$2,449 |
| Farmers |
$3,000 |
| Allstate |
$4,111 |
Compare all 2022 Hyundai Nexo insurance rates.
Average Cost to Insure Per Year
$2,4752021 Hyundai Nexo
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Progressive |
$1,496 |
| GEICO |
$1,773 |
| Erie |
$2,030 |
| State Farm |
$2,233 |
| Nationwide |
$2,266 |
| American Family |
$2,276 |
| USAA |
$2,344 |
| Farmers |
$2,874 |
| Allstate |
$3,968 |
Compare all 2021 Hyundai Nexo insurance rates.
Average Cost to Insure Per Year
$2,3282020 Hyundai Nexo
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Progressive |
$1,449 |
| GEICO |
$1,712 |
| Erie |
$1,965 |
| American Family |
$2,196 |
| USAA |
$2,239 |
| Nationwide |
$2,314 |
| State Farm |
$2,549 |
| Farmers |
$3,139 |
| Allstate |
$3,767 |
Compare all 2020 Hyundai Nexo insurance rates.
Average Cost to Insure Per Year
$2,3162019 Hyundai Nexo
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Progressive |
$1,412 |
| GEICO |
$1,655 |
| Erie |
$1,925 |
| American Family |
$2,137 |
| USAA |
$2,139 |
| Nationwide |
$2,263 |
| State Farm |
$2,516 |
| Farmers |
$2,743 |
| Allstate |
$3,605 |