Hyundai Ioniq Insurance Rates

Average insurance rates for a Hyundai Ioniq are $1,156 a year including full coverage. Comprehensive insurance costs approximately $200 a year, collision insurance costs $338, and liability costs around $460. A policy with just liability insurance costs as low as $510 a year, and coverage for high-risk drivers costs $2,502 or more. 16-year-old drivers receive the highest rates at up to $4,546 a year.

Average premium for full coverage: $1,156

Rate estimates by individual coverage type:

Price estimates include $500 policy deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Rates are averaged for all 50 U.S. states and Ioniq trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on car insurance prices. Rural locations tend to have lower incidents of comprehensive and collision claims than congested cities. The diagram below illustrates how geographic area affects auto insurance prices.

These examples highlight why it is important to compare prices using their specific location, instead of using rate averages.

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

Rates by State, City, and Model

The chart below breaks down average Hyundai Ioniq insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $682
• Using higher $1,000 deductibles will save $1,034 every year
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,156
• Buying low $100 deductibles for physical damage coverage will cost an additional $236 every year
• Drivers with multiple tickets or accidents could pay around $2,502
• The cost that insures a teen driver can cost $4,546 or more

View Chart as Image

Insurance rates for a Hyundai Ioniq can also vary considerably based on the trim level of your Ioniq, your driving record and age, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you are likely paying anywhere from $1,400 to $1,900 additional per year, depending on your age. A high-risk auto insurance policy can be as much as 42% to 135% more than the average rate. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,100 a year for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,500 a year. View Rates by Age

Where you live has a huge impact on Hyundai Ioniq insurance prices. A driver around age 40 might see rates as low as $890 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,650 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $360 every year, while buying higher liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $414 more each year. View Rates by Deductible or Liability Limit

How to Find Cheaper Hyundai Ioniq Insurance

Saving money on car insurance requires being safe and accident-free, having a good credit score, not filing small claims, and consideration of higher deductibles. Comparison shop every year by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local auto insurance providers.

Below you'll find a condensed summary of the coverage data presented in the illustrations above.

• You may be able to save around $130 per year just by quoting early and online
• Increasing deductibles can save approximately $350 each year
• Youthful drivers are the costliest to insure, as much as $379 per month if comprehensive and collision insurance is included
• Higher risk drivers with multiple at-fault accidents will likely pay on average $1,350 more per year than a low-risk driver