Hyundai Ioniq Electric Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Cheap 2017 Hyundai Ioniq Electric Car Insurance Quotes in 2025

Do you think you bought an overpriced insurance coverage policy? Don't feel bad because many consumers are in the same pinch. Many insurance companies compete to insure your vehicles, and it can be difficult to compare rates and uncover the absolute cheapest price Smart consumers take time to compare prices quite often because insurance coverage prices are adjusted regularly by insurance companies...

Dani Best

Licensed Insurance Producer

Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...

Licensed Insurance Producer

UPDATED: May 12, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

The average insurance rates for a Hyundai Ioniq Electric are $1,300 a year including full coverage. Comprehensive insurance costs an estimated $240, collision insurance costs $446, and liability costs $456. Liability-only coverage costs as little as $508 a year, and high-risk coverage costs $2,826 or more. Teens cost the most to insure at up to $5,010 a year.

Average premium for full coverage: $1,300

Policy rates broken down by type of insurance:

Comprehensive $240
Collision $446
Liability $456

Includes $500 policy deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for all Ioniq Electric models.

Price Range Variability

Using a middle-aged driver as an example, Hyundai Ioniq Electric insurance rates range from as low as $508 for your basic liability-only policy to the much higher price of $2,826 for a driver that may need high-risk insurance.

Liability Only $508
Full Coverage $1,300
High Risk $2,826

Urban vs. Rural Price Range

Your location can have significant affects on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion. The example below illustrates how where you live affects insurance prices.

Rural Areas $975
Small Cities $1,365
Large Cities $1,755

The examples above highlight why everyone should 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.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

More Rate Information

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

  • The cheapest rate after discounts is $752
  • Drivers who choose higher $1,000 deductibles will pay approximately $156 every year
  • The average rate for a good driver age 40 who has $500 deductibles is $1,300
  • Selecting pricier low deductibles for comprehensive and collision insurance will cost an extra $304 every year
  • Higher-risk drivers with serious driving violations could pay up to $2,826
  • Policy cost for full coverage for a teen driver for full coverage can cost as much as $5,010 a year

View Chart as Image

Hyundai Ioniq Electric insurance cost comparison chart
Column chart showing Hyundai Ioniq Electric insurance prices range from $752 to $5,010 for full coverage

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

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,200 per year on average, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay at least $5,000 a year. View Rates by Age

Your home state makes a big difference in Hyundai Ioniq Electric insurance prices. A 40-year-old driver could pay as low as $1,000 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,860 on average in Louisiana, New York, and Michigan.

Hyundai Ioniq Electric Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,176 -$124 -9.5%
Alaska $998 -$302 -23.2%
Arizona $1,078 -$222 -17.1%
Arkansas $1,300 -$0 0.0%
California $1,482 $182 14.0%
Colorado $1,242 -$58 -4.5%
Connecticut $1,336 $36 2.8%
Delaware $1,472 $172 13.2%
Florida $1,628 $328 25.2%
Georgia $1,200 -$100 -7.7%
Hawaii $934 -$366 -28.2%
Idaho $878 -$422 -32.5%
Illinois $968 -$332 -25.5%
Indiana $978 -$322 -24.8%
Iowa $878 -$422 -32.5%
Kansas $1,236 -$64 -4.9%
Kentucky $1,774 $474 36.5%
Louisiana $1,924 $624 48.0%
Maine $804 -$496 -38.2%
Maryland $1,072 -$228 -17.5%
Massachusetts $1,040 -$260 -20.0%
Michigan $2,260 $960 73.8%
Minnesota $1,088 -$212 -16.3%
Mississippi $1,556 $256 19.7%
Missouri $1,152 -$148 -11.4%
Montana $1,398 $98 7.5%
Nebraska $1,024 -$276 -21.2%
Nevada $1,558 $258 19.8%
New Hampshire $936 -$364 -28.0%
New Jersey $1,454 $154 11.8%
New Mexico $1,152 -$148 -11.4%
New York $1,370 $70 5.4%
North Carolina $750 -$550 -42.3%
North Dakota $1,064 -$236 -18.2%
Ohio $898 -$402 -30.9%
Oklahoma $1,336 $36 2.8%
Oregon $1,192 -$108 -8.3%
Pennsylvania $1,240 -$60 -4.6%
Rhode Island $1,736 $436 33.5%
South Carolina $1,176 -$124 -9.5%
South Dakota $1,096 -$204 -15.7%
Tennessee $1,138 -$162 -12.5%
Texas $1,566 $266 20.5%
Utah $964 -$336 -25.8%
Vermont $892 -$408 -31.4%
Virginia $780 -$520 -40.0%
Washington $1,004 -$296 -22.8%
West Virginia $1,192 -$108 -8.3%
Wisconsin $902 -$398 -30.6%
Wyoming $1,160 -$140 -10.8%

View Chart as Image

Hyundai Ioniq Electric insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles could save up to $460 every year, whereas buying more liability protection will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $411 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 $1,600 to $2,200 additional every year, depending on your age. Hyundai Ioniq Electric insurance for high-risk drivers can cost as much as 44% to 137% more than the average policy. View High Risk Driver Rates

Hyundai Ioniq Electric Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Ioniq Electric $284 $552 $416 $1,410
2021 Hyundai Ioniq Electric $274 $530 $430 $1,392
2020 Hyundai Ioniq Electric $260 $512 $442 $1,372
2019 Hyundai Ioniq Electric $250 $474 $452 $1,334
2018 Hyundai Ioniq Electric $240 $446 $456 $1,300
2017 Hyundai Ioniq Electric $230 $400 $460 $1,248

Rates are averaged for all Hyundai Ioniq Electric models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Find the Cheapest Hyundai Ioniq Electric Insurance

Finding cheaper rates on car insurance not only requires avoiding accidents and claims, but also having a good credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Take the time to comparison shop once a year by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The points below are a recap of the data that was touched on in the above illustrations.

  • You may be able to save approximately $150 per year just by quoting online well ahead of the renewal date
  • Policyholders who want increased liability limits will pay approximately $500 per year to go from a 30/60 limit to 250/500 limits
  • Drivers under the age of 20 are expensive to insure, with premiums being up to $418 each month including comprehensive and collision insurance
  • Higher risk drivers that have major violations or accidents may pay on average $1,530 more annually to insure a Hyundai Ioniq Electric

Rates by Driver Age

Hyundai Ioniq Electric Insurance Rates by Driver Age
Driver Age Premium
16 $5,010
20 $3,016
30 $1,344
40 $1,300
50 $1,190
60 $1,166

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Ioniq Electric Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,604
$250 $1,462
$500 $1,300
$1,000 $1,144

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Ioniq Electric Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,300
50/100 $1,391
100/300 $1,505
250/500 $1,802
100 CSL $1,437
300 CSL $1,688
500 CSL $1,870

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Ioniq Electric Insurance Rates for High Risk Drivers
Age Premium
16 $7,128
20 $4,808
30 $2,874
40 $2,826
50 $2,702
60 $2,678

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $183

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $69
Multi-vehicle $70
Homeowner $21
5-yr Accident Free $93
5-yr Claim Free $84
Paid in Full/EFT $57
Advance Quote $63
Online Quote $91
Total Discounts $548
Rate after discounts $752

Discounts are estimated and may not be available from every company or in every state.

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

By clicking, you agree to our Terms of Use

Nationwide State Farm Allstate

You May Also Enjoy These Articles