Hyundai Ioniq Hybrid Insurance Rates

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

Average premium for full coverage: $1,352

Price estimates broken down by individual coverage:

Price estimates include $500 policy deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all states and Ioniq Hybrid trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a significant impact on insurance rates. More rural locations have a lower frequency of accident claims than densely populated cities. The diagram below illustrates the difference location can make on insurance prices.

The ranges above show why it is important to compare prices for a targeted area and risk profile, rather than relying on average rates.

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

Additional Rate Details

The chart below shows average Hyundai Ioniq Hybrid insurance rates for other coverage scenarios.

• The best discount rate is $776
• Using higher $1,000 deductibles will save approximately $1,180 a year
• The average rate for the average middle-age driver who has $500 deductibles is $1,352
• Using low $100 deductibles for physical damage coverage will cost an extra $338 a year
• Drivers who are prone to accidents and violations could pay up to $2,938
• The price for full coverage for a teen driver can cost as much as $5,138 or more

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles could pay as little as $1,300 a year for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay at least $5,100 a year. View Rates by Age

The state you live in has a huge impact on Hyundai Ioniq Hybrid insurance rates. A driver around age 40 might see prices as low as $890 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,930 on average in New York, Louisiana, and Michigan.

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Using high physical damage deductibles could cut prices by as much as $510 each year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $387 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying $1,600 to $2,200 additional each year, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

How to Find Cheaper Hyundai Ioniq Hybrid Insurance

Getting lower rates on Hyundai Ioniq Hybrid insurance requires being safe and accident-free, having a good credit history, eliminating unnecessary coverage, and possibly raising deductibles. Make time to compare rates at every policy renewal by requesting rates from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

Below you'll find a condensed summary of the data touched on in this article.

• Drivers who want more liability protection will pay an extra $470 each year to increase from a low limit to 250/500 limits
• Drivers can save approximately $160 per year just by quoting early and online
• Increasing physical damage deductibles can save around $500 each year
• Youthful drivers are expensive to insure, with premiums as much as $428 a month including comprehensive and collision insurance