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HYUNDAI NEXO Car Insurance

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The Hyundai Nexo is a cutting-edge hydrogen fuel-cell SUV, relying on zero-emission fuel-cell technology rather than a conventional electric drivetrain. It targets forward-thinking drivers interested in sustainable mobility and disruptive automotive innovation.

HYUNDAI NEXO CAR INSURANCE RATES SINCE 2024.

Between 2024 and 2026, average premiums for the Hyundai Nexo rise sharply, moving from $1443 to $2587 — an increase of roughly 79%. This rapid progression is partly explained by the model's rarity and the high cost of specialized hydrogen-related parts.

To find the best insurance for your HYUNDAI NEXO vehicle, it is more important than ever to compare the available options.

How much does insurance for your HYUNDAI NEXO cost in Quebec?

Based on the data provided, the average premium for the Nexo is higher in Drummondville ($2587) than in Montreal ($2364), a notable gap for a model still rare on Quebec roads.

To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.

City Average price over the last 12 months
DRUMMONDVILLE $2587.09
MONTRÉAL $2363.68

HYUNDAI NEXO average premium by model year

Average premium paid by our clients for each model year, over the last 5 years. Select a year to see its detailed statistics.

Model year Average premium
HYUNDAI NEXO 2025 $2133.15
HYUNDAI NEXO 2024 $1796.86
HYUNDAI NEXO 2023 $1297.70

Frequently asked questions (FAQ)

How much does it cost to insure a Hyundai Nexo?
The average premium for a Hyundai Nexo rose from $1443 in 2024 to $2587 in 2026, reflecting the vehicle's rarity and the high cost of its specialized components.
Why have Nexo premiums increased so much?
Available history is limited to three years, but the rise from $1443 to $2587 is mainly explained by the model's low volume and the high cost of fuel-cell related parts.
Is the Nexo more expensive to insure in Drummondville or Montreal?
Based on the data provided, the average premium is higher in Drummondville ($2587) than in Montreal ($2364).
Is auto insurance mandatory in Quebec?
Yes. In Quebec, civil liability coverage of at least $50,000 is mandatory for any road vehicle driven on public roads.
Why does a hydrogen vehicle like the Nexo cost more to insure?
Limited parts availability, a small network of specialized repair shops, and scarce claims data for this powertrain type push premiums higher.
How can I lower the insurance premium on a Hyundai Nexo?
Comparing quotes from several insurers remains the best strategy, especially for a rare model where price differences between insurers can be significant.

No recent premium example was found for "HYUNDAI NEXO".

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Methodology

To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :

  • Analysis period: Our analyses are based solely on insurance submissions collected over the millions of submissions in recent years, thus guaranteeing the relevance of our comparisons.
  • Real-world comparisons: We only use data from insurance submissions that actually resulted in a sale.
  • Proven savings: The results presented only reflect cases where the user has saved money thanks to our comparison tool.
  • Last updated: 08/14/2026

Versions covered by this HYUNDAI NEXO page

The premiums above cover every version of the HYUNDAI NEXO, so that each average rests on enough quotes. Here are the versions this page includes.

Version Model years
NEXO FCEV 4DR 2WD 2019
NEXO PREFERRED FCEV 4DR 2WD 2021 - 2025
NEXO ULTIMATE FCEV 4DR 2WD 2020 - 2025

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