Hyundai Ioniq Hybrid Insurance Rates

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Cheap 2021 Hyundai Ioniq Hybrid Car Insurance Quotes in 2025

Want lower auto insurance rates for your Hyundai Ioniq Hybrid? Are you regretting the purchase of an overpriced auto insurance policy? Believe me when I say there are lots of residents who feel the same. Multiple auto insurance companies compete to insure your vehicles, so it's not easy to compare every company to find the lowest rate possible. If you currently have car insurance, you will most li...

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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...

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UPDATED: May 20, 2024

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Average insurance rates for a Hyundai Ioniq Hybrid are $1,370 a year for full coverage insurance. Comprehensive costs approximately $272 a year, collision costs $524, and liability is $416. A liability-only policy costs around $474 a year, with high-risk insurance costing around $2,976. Teen drivers receive the highest rates at $5,174 a year or more.

Average premium for full coverage: $1,370

Rate estimates by individual coverage type:

Comprehensive $272
Collision $524
Liability $416

Estimates include $500 physical damage insurance deductibles, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and Ioniq Hybrid trim levels.

Price Range by Coverage and Risk

For an average driver, prices range go from the low end price of $474 for liability-only coverage to a high of $2,976 for a driver that may need high-risk insurance.

Liability Only $474
Full Coverage $1,370
High Risk $2,976

Price Range by Location

Choosing to live in a large city can have significant affects on the price of auto insurance. Rural locations tend to have lower incidents of physical damage claims than larger metro areas.

The diagram below illustrates the effect of geographic area on auto insurance prices.

Rural Areas $1,028
Small Cities $1,439
Large Cities $1,850

These examples illustrate why it is important to compare rates quotes using their specific location, instead of using price averages.

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.

Additional Charts and Tables

The chart below illustrates estimated Hyundai Ioniq Hybrid insurance rates for additional coverage and risk scenarios.

  • The lowest rate with discounts is $786
  • Raising to $1,000 deductibles will save $1,188 each year
  • The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,370
  • Choosing low $100 deductibles bumps up the cost to $1,720
  • At-risk drivers with multiple violations and an at-fault accident could pay around $2,976 or more
  • The cost that insures a teen driver can cost $5,174

View Chart as Image

Hyundai Ioniq Hybrid insurance cost comparison chart
Column chart showing full coverage Hyundai Ioniq Hybrid insurance rates range from $786 to $5,174

Insurance rates for a Hyundai Ioniq Hybrid can also vary considerably based on the trim level of your Ioniq Hybrid, your age and driving record, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you are probably paying anywhere from $1,600 to $2,300 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 44% to 130% more than average. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,300 every 12 months on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records can expect to pay in the ballpark of $5,100 a year. View Rates by Age

Where you live also has a big influence on Hyundai Ioniq Hybrid insurance prices. A middle-age driver might find rates as low as $900 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,850 on average in Florida, New York, and Michigan.

Hyundai Ioniq Hybrid Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,240 -$130 -9.5%
Alaska $1,052 -$318 -23.2%
Arizona $1,138 -$232 -16.9%
Arkansas $1,370 -$0 0.0%
California $1,560 $190 13.9%
Colorado $1,310 -$60 -4.4%
Connecticut $1,410 $40 2.9%
Delaware $1,550 $180 13.1%
Florida $1,714 $344 25.1%
Georgia $1,266 -$104 -7.6%
Hawaii $984 -$386 -28.2%
Idaho $926 -$444 -32.4%
Illinois $1,020 -$350 -25.5%
Indiana $1,032 -$338 -24.7%
Iowa $926 -$444 -32.4%
Kansas $1,304 -$66 -4.8%
Kentucky $1,870 $500 36.5%
Louisiana $2,028 $658 48.0%
Maine $844 -$526 -38.4%
Maryland $1,130 -$240 -17.5%
Massachusetts $1,096 -$274 -20.0%
Michigan $2,380 $1,010 73.7%
Minnesota $1,146 -$224 -16.4%
Mississippi $1,642 $272 19.9%
Missouri $1,216 -$154 -11.2%
Montana $1,472 $102 7.4%
Nebraska $1,080 -$290 -21.2%
Nevada $1,642 $272 19.9%
New Hampshire $988 -$382 -27.9%
New Jersey $1,530 $160 11.7%
New Mexico $1,212 -$158 -11.5%
New York $1,444 $74 5.4%
North Carolina $790 -$580 -42.3%
North Dakota $1,120 -$250 -18.2%
Ohio $948 -$422 -30.8%
Oklahoma $1,408 $38 2.8%
Oregon $1,256 -$114 -8.3%
Pennsylvania $1,308 -$62 -4.5%
Rhode Island $1,826 $456 33.3%
South Carolina $1,240 -$130 -9.5%
South Dakota $1,158 -$212 -15.5%
Tennessee $1,200 -$170 -12.4%
Texas $1,652 $282 20.6%
Utah $1,016 -$354 -25.8%
Vermont $938 -$432 -31.5%
Virginia $822 -$548 -40.0%
Washington $1,060 -$310 -22.6%
West Virginia $1,256 -$114 -8.3%
Wisconsin $948 -$422 -30.8%
Wyoming $1,220 -$150 -10.9%

View Chart as Image

Hyundai Ioniq Hybrid insurance rates by U.S. city

Choosing high deductibles can reduce rates by up to $540 every year, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $375 more per year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out who has the best car insurance rates is to get quotes and see which company has the best rate. Every auto insurance company uses a different rate calculation, so the rates can be significantly different.

Hyundai Ioniq Hybrid Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Ioniq Hybrid $272 $524 $416 $1,370
2021 Hyundai Ioniq Hybrid $262 $502 $430 $1,352

Rates are averaged for all Hyundai Ioniq Hybrid 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 Low Cost Hyundai Ioniq Hybrid Insurance

Saving money on car insurance consists of being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Shop around once a year by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The items below are a review of the data that was covered in the above illustrations.

  • It is possible to save around $170 per year simply by quoting early and online
  • Policyholders who purchase more liability coverage will pay about $460 annually to raise from a minimum limit to the 250/500 level
  • Teen drivers are expensive to insure, costing up to $431 per month if full coverage is included
  • Higher risk drivers who have several accidents or serious violations could be charged and average of $1,610 more per year to insure their Ioniq Hybrid

Rates by Driver Age

Hyundai Ioniq Hybrid Insurance Rates by Driver Age
Driver Age Premium
16 $5,174
20 $3,180
30 $1,428
40 $1,370
50 $1,254
60 $1,230

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Ioniq Hybrid Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,720
$250 $1,558
$500 $1,370
$1,000 $1,188

Full coverage, driver age 40

Rates by Liability Limit

Hyundai Ioniq Hybrid Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,370
50/100 $1,453
100/300 $1,557
250/500 $1,828
100 CSL $1,495
300 CSL $1,724
500 CSL $1,890

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Ioniq Hybrid Insurance Rates for High Risk Drivers
Age Premium
16 $7,376
20 $5,066
30 $3,038
40 $2,976
50 $2,842
60 $2,816

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 $193

Potential Rate Discounts

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

Discount Savings
Multi-policy $73
Multi-vehicle $73
Homeowner $20
5-yr Accident Free $101
5-yr Claim Free $89
Paid in Full/EFT $63
Advance Quote $68
Online Quote $97
Total Discounts $584
Rate after discounts $786

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

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