Tesla Model Y vs Hyundai Santa Fe Insurance Cost

The Hyundai Santa Fe is cheaper to insure by about $90 a year for full coverage by our estimate ($1,505 vs. $1,415), and cheaper in 46 of 51 states.

These are estimates, not quotes. Figures are modeled from public data (NAIC, Census, FEMA, IIHS/HLDI) for comparison only. Your actual premium depends on your insurer, driving history, vehicle and coverage choices. We are not an insurance company or agency. How we estimate

Side-by-side insurance estimate

Coverage	Tesla Model Y	Hyundai Santa Fe	Difference
State minimum	$530	$445	+$85
Standard (100/300/100)	$770	$645	+$125
Full coverage	$1,505	$1,415	+$90

National average base rates, driver in their 30s with a clean record, latest model year of each car. Difference = Model Y minus Santa Fe.

Why one costs more to insure

Factor	Tesla Model Y	Hyundai Santa Fe
Segment	Midsize SUV	Midsize SUV
Powertrains	Electric	Gasoline, Hybrid, Plug-in hybrid
HLDI collision (100 = avg)	118	110
HLDI comprehensive	77	115
HLDI property damage liability	82	59
HLDI bodily injury liability	83	—
NHTSA overall rating	5★	5★
NICB most-stolen rank	Not in top 10	Not in top 10
Recalls (latest 3 model years)	10	6

Collision losses are the biggest swing factor: the Tesla Model Y has 8 points higher relative collision losses, meaning its crash repairs cost insurers more on average. Comprehensive losses (theft, weather, glass) also favor the Tesla Model Y.

Model Y vs Santa Fe insurance by state

State	Model Y	Santa Fe	Difference
Alabama	$1,325	$1,265	+$60
Alaska	$1,335	$1,245	+$90
Arizona	$1,560	$1,475	+$85
Arkansas	$1,345	$1,305	+$40
California	$1,520	$1,405	+$115
Colorado	$1,675	$1,645	+$30
Connecticut	$1,590	$1,460	+$130
Delaware	$1,645	$1,505	+$140
District of Columbia	$1,920	$1,795	+$125
Florida	$2,085	$1,895	+$190
Georgia	$1,830	$1,680	+$150
Hawaii	$1,065	$990	+$75
Idaho	$1,025	$970	+$55
Illinois	$1,315	$1,245	+$70
Indiana	$1,075	$1,025	+$50
Iowa	$1,020	$1,025	−$5
Kansas	$1,195	$1,190	+$5
Kentucky	$1,255	$1,185	+$70
Louisiana	$2,060	$1,940	+$120
Maine	$970	$920	+$50
Maryland	$1,685	$1,560	+$125
Massachusetts	$1,495	$1,390	+$105
Michigan	$1,655	$1,555	+$100
Minnesota	$1,245	$1,225	+$20
Mississippi	$1,435	$1,390	+$45
Missouri	$1,355	$1,315	+$40
Montana	$1,190	$1,195	−$5
Nebraska	$1,200	$1,195	+$5
Nevada	$1,690	$1,520	+$170
New Hampshire	$1,090	$1,025	+$65
New Jersey	$1,790	$1,625	+$165
New Mexico	$1,350	$1,290	+$60
New York	$1,990	$1,830	+$160
North Carolina	$1,150	$1,100	+$50
North Dakota	$970	$985	−$15
Ohio	$1,085	$1,030	+$55
Oklahoma	$1,355	$1,330	+$25
Oregon	$1,330	$1,225	+$105
Pennsylvania	$1,330	$1,270	+$60
Rhode Island	$1,810	$1,655	+$155
South Carolina	$1,570	$1,470	+$100
South Dakota	$1,135	$1,195	−$60
Tennessee	$1,265	$1,210	+$55
Texas	$1,775	$1,720	+$55
Utah	$1,350	$1,240	+$110
Vermont	$1,005	$965	+$40
Virginia	$1,295	$1,220	+$75
Washington	$1,300	$1,195	+$105
West Virginia	$1,260	$1,230	+$30
Wisconsin	$1,025	$1,000	+$25
Wyoming	$1,165	$1,215	−$50

By driver profile (full coverage)

Driver	Model Y	Santa Fe
Teen driver (18, own policy)	$4,135	$3,885
Young adult (22)	$2,405	$2,260
Adult in their 30s	$1,505	$1,415
Adult in their 50s	$1,385	$1,300
Senior (72)	$1,685	$1,585
30s, one at-fault accident	$2,180	$2,050
30s, DUI on record	$2,780	$2,615

More comparisons

Frequently asked questions

Is the Tesla Model Y or the Hyundai Santa Fe cheaper to insure?

By our estimate the Hyundai Santa Fe is cheaper, by about $90 a year for full coverage ($1,505 vs. $1,415) for a driver in their 30s with a clean record.

Why does insurance cost differ between the Tesla Model Y and Hyundai Santa Fe?

Mostly because of insurance-loss history: HLDI collision indices of 118 vs. 110 and comprehensive indices of 77 vs. 115 (100 = average), plus repair costs, theft rates and segment.

How we estimate this

We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.

Sources used on this page