Finding Car Insurance for a Hyundai

The Hyundai Kia Automotive Group is one of the top selling automakers in the world. They are a located in Seoul, South Korea and produce more than 1.5 million vehicles each year. Hyundai does not offer any insurance policies with their vehicles but there are hundreds of other auto insurance options in Canada to choose from.

The History of Hyundai in Canada

The first Hyundai cars sold in Canada were targeted at drivers looking for an affordable and well made vehicle. In 1983, a lot of manufacturers were producing high end and luxury models but Hyundai instead launched the Pony, a much cheaper automobile than others sold at the time, and it quickly become a hit. Young families, students and other first time drivers were drawn to the Hyundai Pony. Hyundai remains one of Canada’s top selling foreign cars and in 2010 they sold 2.6 million vehicles – a staggering feat from one of the fastest growing car companies.

Popular Hyundai Models in Canada

Hyundai Accent
Hyundai Azera
Hyundai Elantra
Hyundai Entourage
Hyundai Genesis
Hyundai Santa Fe
Hyundai Sonata
Hyundai Tiburon
Hyundai Tucson
Hyundai Veracruz

Hyundai Canada’s “Cash For Clunkers” Program

In 2009, Hyundai became the first company in Canada to offer a scrap-it incentive. As part of the program you would receive up to $1000 towards a more fuel-efficient Hyundai automobile, if you trade in your old car or truck. The incentive program was conceived after seeing the success of similar initiatives in the United States such as the “cash for clunkers” program. With that program, the US government offered up a much larger $4,500 trade-in when people were to purchase a newer – more fuel efficient car. These programs have been helping boost auto sales in North America and Europe over the past few years. For example, France and Germany have seen their automobile sales increase due to their “scrap-it” incentives.

Where Can You Find Car Insurance Then?

Since there is no such thing as Hyundai auto insurance you’re going to have to look at actual insurance companies to find coverage for your Hyundai. A few online options include CAA, CIBC Insurance, Desjardins Insurance, The Dominion, Chieftain Insurance, The Insurance Hotline and Atto Insurance Brokers. There are hundreds of companies offering car insurance in Canada so check around and you will find something. You should ask your friends and family about their insurers and see if they have a recommendation. You can also read through our list of Canadian insurance companies by clicking here.