Hyundai Ioniq Insurance Rates

The average insurance prices for a Hyundai Ioniq are $1,198 every 12 months with full coverage. Comprehensive insurance costs around $208, collision insurance costs $376, and liability is estimated at $456. Buying just liability costs approximately $508 a year, and insurance for high-risk drivers costs $2,604 or more. 16-year-old drivers cost the most to insure at up to $4,690 a year.

Average premium for full coverage: $1,198

Policy rates for type of insurance:

Includes $500 deductible amounts, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Prices are averaged for all U.S. states and for different Ioniq trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than congested cities. The price range example below illustrates how location helps determine auto insurance rates.

The examples above demonstrate why anyone shopping for car insurance should get quotes for a specific zip code and their own driving history, instead of using rate averages.

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

Additional Rate Information

The chart below details average Hyundai Ioniq insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $702
• Choosing higher $1,000 deductibles can save about $132 annually
• The average price for a good driver age 40 using $500 deductibles is $1,198
• Buying more expensive low deductibles for comp and collision coverage costs an extra $260 every year
• Unlucky drivers with multiple tickets or accidents could pay at least $2,604
• Policy cost to insure a teen driver with full coverage can be $4,690 each year

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Insurance rates for a Hyundai Ioniq also range considerably based on liability limits and deductibles, your driving record, and the trim level and model year.

Opting for high physical damage deductibles can save as much as $400 every year, while increasing your policy's liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay as much as $4,600 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out at least $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance ranges as much as 43% to 130% more than the average rate. View High Risk Driver Rates

Your home state 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 New Hampshire, Ohio, and Utah, or at least $1,620 on average in Florida, Michigan, and New York.

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How to Shop for the Cheapest Hyundai Ioniq Insurance

Finding cheaper rates on car insurance takes having a good driving record, having good credit, not filing small claims, and dropping full coverage on older vehicles. Invest time comparing rates every year by requesting rates from direct companies, and also from several local insurance agents.

The next list is a recap of the coverage data covered in the charts and tables above.

• You may be able to save up to $140 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save as much as $400 each year
• Drivers age 20 and younger pay higher rates, as much as $391 each month if they have full coverage
• Higher risk drivers that have major violations or accidents pay on average $1,410 more every year to buy Hyundai Ioniq insurance