Hyundai Ioniq Hybrid Insurance Rates

U.S. average insurance rates for a Hyundai Ioniq Hybrid are $1,352 a year for full coverage insurance. Comprehensive costs on average $262 each year, collision insurance costs $502, and liability coverage costs $430. Buying just liability costs as little as $486 a year, and insurance for high-risk drivers costs around $2,938. 16-year-old drivers pay the highest rates at up to $5,138 a year.

Average premium for full coverage: $1,352

Price estimates by individual coverage:

Prices are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 states and Ioniq Hybrid models.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on insurance rates. Rural areas have lower incidents of physical damage claims than congested cities. The graphic below illustrates the effect of geographic area on car insurance rates.

The ranges above illustrate why all drivers should compare rates based on a specific location, rather than using rate averages.

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

Detailed Rate Analysis

The chart below illustrates average Hyundai Ioniq Hybrid insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $776
• Drivers who choose higher $1,000 deductibles will pay around $172 each year
• The estimated price for the average middle-age driver with $500 deductibles is $1,352
• Buying low deductibles for comprehensive and collision insurance bumps up the cost to $1,690
• High-risk insureds with multiple tickets or accidents could pay upwards of $2,938
• The price that insures a teenage driver may cost $5,138 a year

View Chart as Image

Insurance prices for a Hyundai Ioniq Hybrid are also quite variable based on the trim level and model year, your age and driving record, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you are probably paying at a minimum $1,600 to $2,200 additional each year, depending on your age. Insurance for high-risk drivers can cost around 43% to 132% more than the average rate. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,300 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records should be prepared to pay upwards of $5,100 a year. View Rates by Age

The state you live in makes a big difference in Hyundai Ioniq Hybrid insurance rates. A 40-year-old driver could pay as low as $890 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,830 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $510 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $387 more each year. View Rates by Deductible or Liability Limit

How to Find Affordable Hyundai Ioniq Hybrid Insurance

Getting lower rates on auto insurance not only requires being safe and accident-free, but also having a good credit score, not filing small claims, and dropping full coverage on older vehicles. Comparison shop every other policy renewal by quoting rates from direct insurance companies, and also from your local independent and exclusive agents.

Below you'll find a brief review of the ideas that were covered in the above illustrations.

• Youthful drivers pay higher prices, as much as $428 a month if comprehensive and collision insurance is included
• Drivers with DUI or reckless driving convictions may pay on average $1,590 more each year than a low-risk driver
• Increasing physical damage deductibles can save approximately $500 each year
• It is possible to save as much as $160 per year just by quoting online in advance