Hyundai Ioniq Insurance Rates

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

Average premium for full coverage: $1,156

Rate estimates broken down by individual coverage type:

Prices include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 U.S. states and Ioniq trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a large influence on the price of auto insurance. More rural locations tend to have lower incidents of comprehensive and collision claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on insurance prices.

These examples highlight why it is important to get quotes for a targeted area, rather than using average rates.

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

Additional Rate Details

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

• The best discount rate is $682
• Choosing higher $1,000 deductibles can save approximately $1,034 every year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,156
• Using low $100 deductibles for comp and collision coverage will cost an additional $236 each year
• Drivers who are prone to accidents and violations could pay up to $2,502
• The cost that insures a teenage driver can cost as much as $4,546 each year

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 liability limits and deductibles.

If you like to drive fast or you caused an accident, you are likely paying $1,400 to $1,900 additional per year, depending on your age. A high-risk auto insurance policy ranges around 42% to 135% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 annually on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records should be prepared to pay at least $4,500 a year. View Rates by Age

Where you live plays a big part in determining prices for Hyundai Ioniq insurance rates. A good driver about age 40 could pay as low as $890 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,650 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $360 a year, while buying higher liability limits will increase premiums. 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 the Right Hyundai Ioniq Insurance

Saving money on auto insurance takes being a safe and courteous driver, having a good credit score, not filing small claims, and possibly raising deductibles. Compare prices every other policy renewal by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

Below is a quick rundown of the ideas that were covered above.

• Teenage drivers are expensive to insure, as much as $379 per month if comprehensive and collision insurance is included
• Drivers with reckless driving or DUI convictions could be charged and average of $1,350 more annually for auto insurance
• Increasing deductibles can save approximately $350 each year
• You may be able to save approximately $130 per year just by quoting early and online