Hyundai Ioniq 6 Insurance Rates

Average insurance rates for a Hyundai Ioniq 6 are $1,524 a year for full coverage insurance. Comprehensive insurance costs an estimated $418 a year, collision insurance costs $750, and liability costs $246. Buying just liability costs as little as $298 a year, and insurance for high-risk drivers costs $3,280 or more. Teens 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:

Prices are based on $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and Ioniq 6 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than cities with more traffic congestion. The diagram below illustrates the difference between rural and urban areas on insurance prices.

These examples illustrate why it is important to compare rates for a targeted area and risk profile, instead of using averaged prices.

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

Rates by State, City, and Model

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

• The cheapest rate after discounts is $844
• Drivers who choose higher $1,000 deductibles will pay approximately $1,258 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,524
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an extra $514 every year
• Higher-risk drivers with serious driving violations could pay up to $3,280
• The cost for full coverage for a teen driver can cost as much as $5,214 a year

View Chart as Image

Auto insurance rates for a Hyundai Ioniq 6 can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

Older drivers with a good driving record and high deductibles may pay as little as $1,400 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers will have to pay at least $5,200 a year. View Rates by Age

Where you live makes a big difference in Hyundai Ioniq 6 insurance prices. A 40-year-old driver could pay as low as $990 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $2,060 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $780 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $222 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,800 to $2,400 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost as much as 46% to 133% more than the average policy. View High Risk Driver Rates

How to Find Affordable Hyundai Ioniq 6 Insurance

Saving money on car insurance not only requires being safe and accident-free, but also having good credit, avoid buying unnecessary coverage, and consideration of higher deductibles. Set aside time to compare rates every couple of years by getting quotes from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

Below you'll find a brief review of the material that was covered above.

• Policyholders who want more liability protection will pay approximately $270 annually to go from a minimum limit to 250/500 limits
• Youthful drivers are the costliest to insure, costing up to $435 per month if they have full coverage
• Higher risk drivers with DUI or reckless driving convictions pay on average $1,760 more annually than a low-risk driver
• Increasing deductibles can save around $775 each year