Hyundai Ioniq 6 Insurance Rates

Average insurance rates for a Hyundai Ioniq 6 are $1,524 a year for full coverage. Comprehensive costs an estimated $418, collision insurance costs $750, and liability is $246. A policy with just liability insurance costs around $298 a year, and coverage for high-risk drivers costs around $3,280. Teenage drivers receive the highest rates at up to $5,214 a year.

Average premium for full coverage: $1,524

Rate estimates broken down by individual coverage type:

Includes $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Rates are averaged for all states and for all Ioniq 6 models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on insurance rates. More rural locations tend to have lower incidents of accident claims than densely populated cities. The example below illustrates how location impacts insurance prices.

These examples show why everyone should compare rates quotes for a targeted area, instead of making a decision based on average rates.

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

Additional Rate Analysis

The chart below shows average Hyundai Ioniq 6 insurance rates for other coverage scenarios.

• The best discount rate is $844
• Raising to $1,000 deductibles will save approximately $266 a year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,524
• Using pricier low deductibles bumps up the cost to $2,038
• Drivers who are prone to accidents and violations could pay up to $3,280
• The cost that insures a 16-year-old driver for full coverage can cost as much as $5,214

View Chart as Image

Insurance rates for a Hyundai Ioniq 6 can also vary considerably based on the model of your Ioniq 6, how you drive, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you could be paying $1,800 to $2,400 additional per year, depending on your age. Hyundai Ioniq 6 insurance for high-risk drivers is expensive and can cost from 46% to 133% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,400 every 12 months 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 $5,200 a year. View Rates by Age

Where you live also has a big influence on Hyundai Ioniq 6 insurance prices. A middle-age driver might find rates as low as $1,000 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,170 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $780 annually, whereas buying more liability protection will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $222 more each year. View Rates by Deductible or Liability Limit

How to Find the Cheapest Hyundai Ioniq 6 Insurance

Saving money on insurance for a Hyundai Ioniq 6 consists of avoiding accidents and claims, having a good credit score, eliminating unneeded coverage, and possibly raising deductibles. Compare prices every year by requesting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The points below are a recap of the coverage data touched on above.

• Drivers can save approximately $190 per year just by quoting online well ahead of the renewal date
• Increasing deductibles can save approximately $775 each year
• Drivers under the age of 20 are expensive to insure, costing as high as $435 per month if comprehensive and collision insurance is included
• Drivers considered higher risk that have major violations or accidents may pay on average $1,760 more annually to insure a Hyundai Ioniq 6