Hyundai Ioniq Insurance Rates

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Cheaper 2017 Hyundai Ioniq Insurance Rates in 2025

Looking for lower insurance coverage rates for your Hyundai Ioniq? Finding low-cost insurance for a Hyundai Ioniq can turn out to be a painful process, but you can learn a few tricks and make it easy. There are more efficient ways to find insurance coverage online and we'll show you the best way to compare rates for a new or used Hyundai and get the best price possible from both online companies ...

Dani Best

Licensed Insurance Producer

Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...

Licensed Insurance Producer

UPDATED: May 17, 2024

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U.S. average insurance prices for a Hyundai Ioniq are $1,198 every 12 months with full coverage. Comprehensive costs an estimated $208, collision costs $376, and liability is estimated at $456. Buying just liability costs approximately $508 a year, with insurance for high-risk drivers costing around $2,604. 16-year-old drivers pay the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,198

Price estimates broken down by individual coverage:

Comprehensive $208
Collision $376
Liability $456

Prices include $500 policy deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and for all Ioniq models.

Price Range from Low to High

For the average driver, Hyundai Ioniq insurance prices go from the cheapest price of $508 for liability-only coverage to the much higher price of $2,604 for a high-risk insurance policy.

Liability Only $508
Full Coverage $1,198
High Risk $2,604

Geographic Price Range

Living in a larger city can make a big difference on car insurance rates. More rural locations have more infrequent collision claims than congested cities.

The example below illustrates how location impacts insurance prices.

Rural Areas $899
Small Cities $1,258
Large Cities $1,617

The ranges above demonstrate why everyone should get quotes for a targeted area and their own driving history, instead of making a decision based on rate averages.

Use the form below to get customized rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Additional Charts and Tables

The chart below details estimated Hyundai Ioniq insurance rates for other coverage scenarios.

  • The best full coverage rate is $702
  • Choosing higher $1,000 deductibles can save approximately $132 annually
  • The average price for the average middle-age driver who has $500 deductibles is $1,198
  • Buying pricier low deductibles for comp and collision coverage increases the price to $1,458
  • Higher-risk drivers with multiple tickets or accidents could pay up to $2,604 or more
  • The price to insure a 16-year-old driver for full coverage can cost as much as $4,690 each year

View Chart as Image

Hyundai Ioniq insurance cost comparison chart
Column chart showing full coverage Hyundai Ioniq insurance rates range from $702 to $4,690

Insurance prices for a Hyundai Ioniq are also quite variable based on deductibles and policy limits, your driving record, and the model year and trim level.

Opting for high physical damage deductibles can save as much as $400 annually, whereas buying more liability protection will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $411 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may pay as low as $1,100 annually on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers should be prepared to pay at least $4,600 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out $1,400 to $2,000 additional each year, depending on your age. Hyundai Ioniq insurance for high-risk drivers ranges from 43% to 130% more than the average rate. View High Risk Driver Rates

The state you live in plays a big part in determining prices for Hyundai Ioniq insurance prices. A good driver about age 40 could pay as low as $860 a year in states like Utah, Ohio, and New Hampshire, or at least $1,620 on average in New York, Michigan, and Florida.

Hyundai Ioniq Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,084 -$114 -9.5%
Alaska $920 -$278 -23.2%
Arizona $996 -$202 -16.9%
Arkansas $1,198 -$0 0.0%
California $1,368 $170 14.2%
Colorado $1,148 -$50 -4.2%
Connecticut $1,232 $34 2.8%
Delaware $1,358 $160 13.4%
Florida $1,500 $302 25.2%
Georgia $1,106 -$92 -7.7%
Hawaii $862 -$336 -28.0%
Idaho $810 -$388 -32.4%
Illinois $894 -$304 -25.4%
Indiana $904 -$294 -24.5%
Iowa $808 -$390 -32.6%
Kansas $1,140 -$58 -4.8%
Kentucky $1,636 $438 36.6%
Louisiana $1,776 $578 48.2%
Maine $740 -$458 -38.2%
Maryland $988 -$210 -17.5%
Massachusetts $958 -$240 -20.0%
Michigan $2,084 $886 74.0%
Minnesota $1,004 -$194 -16.2%
Mississippi $1,436 $238 19.9%
Missouri $1,064 -$134 -11.2%
Montana $1,288 $90 7.5%
Nebraska $944 -$254 -21.2%
Nevada $1,438 $240 20.0%
New Hampshire $864 -$334 -27.9%
New Jersey $1,340 $142 11.9%
New Mexico $1,062 -$136 -11.4%
New York $1,264 $66 5.5%
North Carolina $690 -$508 -42.4%
North Dakota $980 -$218 -18.2%
Ohio $828 -$370 -30.9%
Oklahoma $1,232 $34 2.8%
Oregon $1,098 -$100 -8.3%
Pennsylvania $1,144 -$54 -4.5%
Rhode Island $1,600 $402 33.6%
South Carolina $1,086 -$112 -9.3%
South Dakota $1,012 -$186 -15.5%
Tennessee $1,050 -$148 -12.4%
Texas $1,446 $248 20.7%
Utah $888 -$310 -25.9%
Vermont $822 -$376 -31.4%
Virginia $720 -$478 -39.9%
Washington $928 -$270 -22.5%
West Virginia $1,100 -$98 -8.2%
Wisconsin $830 -$368 -30.7%
Wyoming $1,070 -$128 -10.7%

View Chart as Image

Hyundai Ioniq insurance rates by U.S. city

Since prices can be so different, the best way to find out which car insurance is cheapest is to regularly compare prices from multiple companies. Each auto insurer utilizes a different rate formula, and prices may be quite different.

Hyundai Ioniq Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Ioniq $248 $466 $416 $1,288
2021 Hyundai Ioniq $240 $446 $430 $1,274
2020 Hyundai Ioniq $226 $430 $442 $1,256
2019 Hyundai Ioniq $218 $400 $452 $1,228
2018 Hyundai Ioniq $208 $376 $456 $1,198
2017 Hyundai Ioniq $200 $338 $460 $1,156

Rates are averaged for all Hyundai Ioniq models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Shop for the Right Hyundai Ioniq Insurance

Getting lower rates on insurance for a Hyundai Ioniq takes being a good driver, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Spend time shopping around at least every other year by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following list is a quick rundown of the car insurance concepts touched on above.

  • Drivers considered higher risk with reckless driving or DUI convictions may pay on average $1,410 more annually than a safer driver
  • You may be able to save approximately $140 per year simply by quoting online well ahead of the renewal date
  • Increasing physical damage deductibles could save as much as $400 each year
  • Insureds who want an increased level of liability coverage will pay around $500 every year to raise limits from a low limit to a 250/500 level

Rates by Driver Age

Hyundai Ioniq Insurance Rates by Driver Age
Driver Age Premium
16 $4,690
20 $2,778
30 $1,236
40 $1,198
50 $1,098
60 $1,078

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Ioniq Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,458
$250 $1,336
$500 $1,198
$1,000 $1,066

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Ioniq Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,198
50/100 $1,289
100/300 $1,403
250/500 $1,700
100 CSL $1,335
300 CSL $1,586
500 CSL $1,768

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Ioniq Insurance Rates for High Risk Drivers
Age Premium
16 $6,654
20 $4,430
30 $2,640
40 $2,604
50 $2,488
60 $2,466

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $167

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $62
Multi-vehicle $65
Homeowner $20
5-yr Accident Free $82
5-yr Claim Free $77
Paid in Full/EFT $50
Advance Quote $57
Online Quote $83
Total Discounts $496
Rate after discounts $702

Discounts are estimated and may not be available from every company or in every state.

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