Hyundai Ioniq 6 Insurance Rates

The average insurance rates for a Hyundai Ioniq 6 are $1,524 a year including full coverage. Comprehensive costs around $418 each year, collision insurance costs $750, and liability costs around $246. Liability-only coverage costs as low as $298 a year, and high-risk coverage costs around $3,280. 16-year-old 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:

Price estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and Ioniq 6 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than congested cities. The graphic below illustrates how location helps determine auto insurance rates.

The examples above highlight why all drivers should compare prices for a specific zip code and risk profile, instead of making a decision based on rate averages.

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

Rate Comparisons

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

• The best full coverage rate is $844
• Using higher $1,000 deductibles will save about $266 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,524
• Buying low deductibles for physical damage coverage will increase the cost to $2,038
• High-risk insureds with multiple tickets or accidents could pay at least $3,280
• Policy cost for full coverage for a 16-year-old driver can be $5,214 or more

View Chart as Image

Insurance rates for a Hyundai Ioniq 6 also range considerably based on your risk profile, the model of your Ioniq 6, and deductibles and policy limits.

More mature drivers with no violations or accidents and high deductibles may pay as low as $1,400 a year, or $117 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay as much as $5,200 a year. View Rates by Age

Your home state has a huge impact on Hyundai Ioniq 6 insurance prices. A driver around age 40 might see rates as low as $1,170 a year in states like Missouri, New Hampshire, and Vermont, or at least $2,170 on average in Michigan, New York, and Louisiana.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $780 annually, whereas increasing liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $222 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,800 to $2,400 additional every year, depending on your age. Insurance for high-risk drivers can be from 46% to 133% more than the average rate. View High Risk Driver Rates

How to Find Cheaper Hyundai Ioniq 6 Insurance

Finding cheaper rates on insurance for a Hyundai Ioniq 6 requires avoiding accidents and violations, having a good credit history, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Invest time comparing rates at every policy renewal by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a condensed summary of the data covered in the charts and tables above.

• Insureds who may need higher liability limits will pay around $270 per year to increase from a 30/60 limit to 250/500 limits
• You may be able to save up to $190 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $775 each year
• Teenagers are charged the highest rates, with premiums being up to $435 each month including comprehensive and collision insurance