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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Estimated insurance prices for a Hyundai Ioniq are $1,198 every 12 months including full coverage. Comprehensive costs an estimated $208 a year, collision costs $376, and liability coverage costs $456. A liability-only policy costs as little as $508 a year, with high-risk insurance costing around $2,604. Teenage drivers pay the most at $4,690 a year or more.

Average premium for full coverage: $1,198

Premium estimates broken down by type of coverage:

Comprehensive $208
Collision $376
Liability $456

Price estimates include $500 policy deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Ioniq trim levels.

Insurance Price Range by Risk and Coverage

For an average driver, insurance rates for a Hyundai Ioniq go from the cheapest price of $508 for just liability coverage to a high of $2,604 for coverage for higher-risk drivers.

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

Insurance Price Range by Location

Your location has a large influence on the price of auto insurance. More rural locations are statistically proven to have more infrequent comprehensive and collision claims than densely populated cities.

The diagram below illustrates the effect of geographic area on insurance prices.

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

These rate differences highlight why it is important to compare rates for a targeted area and their own driving history, rather than using average rates.

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.

Detailed Rate Analysis

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

  • The best discount rate is $702
  • Drivers who choose higher $1,000 deductibles will pay approximately $1,066 every year
  • The average price for a 40-year-old good driver who has $500 deductibles is $1,198
  • Using low $100 deductibles for comprehensive and collision insurance increases the price to $1,458
  • High-risk insureds who are prone to accidents and violations could pay up to $2,604 or more
  • An auto insurance policy to insure a teenage driver can cost as much as $4,690 a 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

Auto insurance prices for a Hyundai Ioniq also have a wide range based on physical damage deductibles and liability limits, your driving characteristics, and the model year and trim level.

Using high physical damage deductibles could save up to $400 a year, while buying higher liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $411 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will have to pay at least $4,600 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying $1,400 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy can cost around 43% to 130% more than a normal policy. View High Risk Driver Rates

Where you choose to live makes a big difference in Hyundai Ioniq insurance rates. A 40-year-old driver could pay as low as $920 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,710 on average in Louisiana, New York, and Michigan.

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

With such a large range in prices, the best way to figure out which insurance company is cheapest is to get quotes and see how they stack up. Every company uses a different method to calculate prices, and quoted prices will be substantially 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 Cheaper Hyundai Ioniq Insurance

Finding better rates on auto insurance not only requires being a good driver, but also having a good credit score, refrain from filing small claims, and qualifying for all possible discounts. Take the time to compare rates at least once a year by getting quotes from direct car insurance companies, and also from local insurance agencies.

The following list is a condensed summary of the primary concepts that were covered in the above illustrations.

  • You may be able to save approximately $140 per year simply by quoting early and online
  • Drivers with multiple at-fault accidents may have to pay on average $1,410 more annually than a safer driver
  • Increasing policy deductibles could save as much as $400 each year
  • Drivers age 16 to 20 are the costliest to insure, with the cost nearing $391 per month if comprehensive and collision insurance is included

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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