Hyundai Elexio insurance for a 23-year-old new driver

In short

On 12 Nov 2026, no insurer we compare gives an online price for comprehensive cover on a Hyundai Elexio driven by a 23-year-old new driver; a broker or the insurer may still quote it.

Compare every insurer we price for a Hyundai Elexio on one page: https://shentonbrokers.com/prices/car/hyundai-elexio

Buy at these prices through Shenton Insurance Brokers: https://shentonbrokers.com/car-insurance-quotes/hyundai-elexio/age-23-new-driver

Car insurance promotions today: HL Assurance, 25% off; Etiqa, 20% off, new customers only. Prices shown include discounts from featured insurers; other insurers are shown at full price with no discount.

• No insurer we compare quotes this driver online for a Hyundai Elexio today.
• 0 insurers quote this driver online; 16 do not.

Why this driver pays this

• A driver in the first year of driving has no record to go on, so insurers charge a new-driver loading and there is no no-claim discount to take off. Young drivers, under about 26, pay a further loading at most insurers.
• The Hyundai Elexio is electric: repairs and parts cost more at some insurers, so they price electric cars higher than petrol cars of the same size.
• 16 insurers do not quote this driver online on this car: AIG (This insurer has no online price for this car model yet); Allianz (This insurer has no online price for this car model yet); DirectAsia (This insurer has no online price for this car model yet); ECICS (ECICS quotes main drivers aged 26 to 70 online); ERGO (This insurer has no online price for this car model yet); Etiqa (This insurer has no online price for this car model yet); Great American (This insurer has no online price for electric cars); Great Eastern (This insurer has no online price for this car model yet); HL Assurance (HL Assurance insures main drivers aged 27 to 64 online); India International (This insurer has no online price for electric cars); Liberty (This insurer has no online price for this car model yet); MS First Capital (MS First Capital does not quote electric cars online); QBE (This insurer has no online price for this car model yet); Singlife (This insurer has no online price for this car model yet); Sompo (This insurer has no online price for this car model yet); UOI (This insurer has no online price for this car model yet).

Price history

We record this price every day from 12 Nov 2026; the history fills in here as the days pass.

The Hyundai Elexio

• Priced as a Hyundai Elexio Long Range 88.1 kWh (electric), registered 3 years ago.
• A fully electric Hyundai Elexio needs a Category A COE (S$139,001 in the November 2026, 1st round) if its motor is 110kW (147bhp) or less, and a Category B COE (S$132,334 in the November 2026, 1st round) if it is more powerful.
• Hyundai Elexio review: list price, COE, road tax and insurance.

How these prices are worked out

Each price is what the insurer charges today for these answers, GST included: from the rates insurers publish or quote on their own sites, checked against their online quotes every week. Shenton Brokers is an insurance broker in Singapore and compares the insurers that sell car insurance online. Budget Direct, FWD, Income, MSIG quote live with your own answers on our results page, so they are not in these figures. The figures for every driver on this car are in a CSV file, updated daily.