Hyundai Ioniq 6 Insurance Rates

The average insurance prices for a Hyundai Ioniq 6 are $1,524 every 12 months with full coverage. Comprehensive insurance costs around $418 a year, collision insurance costs $750, and liability insurance costs around $246. Liability-only insurance costs as low as $298 a year, and high-risk driver insurance costs $3,280 or more. Teen drivers cost the most to insure at up to $5,214 a year.

Average premium for full coverage: $1,524

Policy rates for type of insurance:

Rates are based on $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and Ioniq 6 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than larger metro areas. The diagram below illustrates how location impacts auto insurance rates.

The examples above demonstrate why it is important to compare prices for a specific zip code and their own driving history, rather than relying on price averages.

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

Detailed Rate Analysis

The chart below details average Hyundai Ioniq 6 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $844
• Using higher $1,000 deductibles will save about $1,258 annually
• The average price for a good driver age 40 using $500 deductibles is $1,524
• Choosing low $100 deductibles for physical damage coverage costs an extra $514 a year
• Drivers with multiple violations and an at-fault accident could pay at least $3,280
• Policy cost to insure a teen driver can be $5,214 or more

View Chart as Image

Auto insurance rates for a Hyundai Ioniq 6 also range considerably based on liability limits and deductibles, your driving record, and the trim level and model year.

Choosing high deductibles could cut rates by as much as $780 each year, while buying higher liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $222 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles could pay as little as $1,400 a year, or $117 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will have to pay as much as $5,200 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 $1,800 to $2,400 in extra premium every year, depending on your age. A high-risk auto insurance policy can be anywhere from 46% to 133% more than average. View High Risk Driver Rates

Your home state has a huge impact on Hyundai Ioniq 6 insurance rates. A driver around age 40 might see rates as low as $1,100 a year in states like New Hampshire, Ohio, and Utah, or as much as $2,060 on average in Florida, Michigan, and New York.

View Chart as Image

How to Shop for the Best Cheap Hyundai Ioniq 6 Insurance

Finding cheaper rates on Hyundai Ioniq 6 insurance requires being a good driver, having a good credit score, not filing small claims, and possibly raising deductibles. Spend time shopping around every year by requesting rates from direct companies, and also from several local insurance agents.

The following list is a quick review of the coverage data touched on above.

• You may be able to save up to $190 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $775 each year
• Drivers age 16 to 20 are expensive to insure, as much as $435 each month if comprehensive and collision insurance is included
• High-risk drivers with a DUI or reckless driving violation pay on average $1,760 more every year than a safer driver