Hyundai Ioniq Hybrid Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: May 20, 2024

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Average insurance rates for a Hyundai Ioniq Hybrid are $1,374 a year for full coverage insurance. Comprehensive insurance costs around $282 each year, collision insurance costs $536, and liability insurance is estimated at $398. A policy with just liability insurance costs approximately $460 a year, and coverage for high-risk drivers costs $2,982 or more. Teens receive the highest rates at up to $5,156 a year.

Average premium for full coverage: $1,374

Rate estimates for individual coverage type:

Comprehensive $282
Collision $536
Liability $398

Full coverage includes $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and Ioniq Hybrid models.

Price Range by Coverage and Risk

For a 40-year-old driver, prices range range from as low as $460 for the bare minimum liability coverage to a high rate of $2,982 for a high-risk driver policy.

Liability Only $460
Full Coverage $1,374
High Risk $2,982

Price Range by Location

Living in a larger city has a significant impact on car insurance rates. Areas with sparse population tend to have a lower frequency of physical damage claims than cities with more traffic congestion. The graphic below illustrates how your location can change auto insurance rates.

Rural Areas $1,031
Small Cities $1,443
Large Cities $1,855

These examples illustrate why all drivers should get quotes for a specific zip code and risk profile, rather than relying on 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.

Additional Rate Information

The chart below illustrates average Hyundai Ioniq Hybrid insurance rates for additional coverage choices and driver risks.

  • The cheapest rate after discounts is $790
  • Choosing higher $1,000 deductibles can save about $186 each year
  • The average rate for a 40-year-old driver using $500 deductibles is $1,374
  • Selecting low deductibles for comp and collision coverage will cost an extra $362 a year
  • High-risk insureds with serious driving violations could pay at least $2,982
  • The cost for full coverage for a teen driver can be $5,156 each year

View Chart as Image

Hyundai Ioniq Hybrid insurance cost comparison chart
Column chart showing Hyundai Ioniq Hybrid insurance prices range from $790 to $5,156 for full coverage

Insurance rates for a Hyundai Ioniq Hybrid can also vary considerably based on your driver profile, the model year and trim level, and deductibles and policy limits.

More mature drivers with no violations or accidents and high deductibles could pay as little as $1,300 annually on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay as much as $5,100 a year. View Rates by Age

Where you live plays a big part in determining prices for Hyundai Ioniq Hybrid insurance rates. A good driver about age 40 could pay as low as $900 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,860 on average in Michigan, New York, and Florida.

Hyundai Ioniq Hybrid Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,242 -$132 -9.6%
Alaska $1,056 -$318 -23.1%
Arizona $1,142 -$232 -16.9%
Arkansas $1,374 -$0 0.0%
California $1,568 $194 14.1%
Colorado $1,312 -$62 -4.5%
Connecticut $1,416 $42 3.1%
Delaware $1,556 $182 13.2%
Florida $1,720 $346 25.2%
Georgia $1,270 -$104 -7.6%
Hawaii $988 -$386 -28.1%
Idaho $930 -$444 -32.3%
Illinois $1,026 -$348 -25.3%
Indiana $1,034 -$340 -24.7%
Iowa $928 -$446 -32.5%
Kansas $1,308 -$66 -4.8%
Kentucky $1,876 $502 36.5%
Louisiana $2,034 $660 48.0%
Maine $850 -$524 -38.1%
Maryland $1,132 -$242 -17.6%
Massachusetts $1,100 -$274 -19.9%
Michigan $2,390 $1,016 73.9%
Minnesota $1,152 -$222 -16.2%
Mississippi $1,648 $274 19.9%
Missouri $1,220 -$154 -11.2%
Montana $1,476 $102 7.4%
Nebraska $1,084 -$290 -21.1%
Nevada $1,650 $276 20.1%
New Hampshire $990 -$384 -27.9%
New Jersey $1,538 $164 11.9%
New Mexico $1,220 -$154 -11.2%
New York $1,448 $74 5.4%
North Carolina $792 -$582 -42.4%
North Dakota $1,126 -$248 -18.0%
Ohio $950 -$424 -30.9%
Oklahoma $1,412 $38 2.8%
Oregon $1,260 -$114 -8.3%
Pennsylvania $1,312 -$62 -4.5%
Rhode Island $1,836 $462 33.6%
South Carolina $1,248 -$126 -9.2%
South Dakota $1,160 -$214 -15.6%
Tennessee $1,204 -$170 -12.4%
Texas $1,658 $284 20.7%
Utah $1,018 -$356 -25.9%
Vermont $940 -$434 -31.6%
Virginia $822 -$552 -40.2%
Washington $1,064 -$310 -22.6%
West Virginia $1,260 -$114 -8.3%
Wisconsin $952 -$422 -30.7%
Wyoming $1,224 -$150 -10.9%

View Chart as Image

Hyundai Ioniq Hybrid insurance rates by U.S. city

Choosing higher comprehensive and collision insurance deductibles can save as much as $550 each year, whereas increasing liability limits will increase rates. Switching from a 50/100 limit to a 250/500 limit will cost as much as $358 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at least $1,600 to $2,200 additional per year, depending on your age. Insurance for high-risk drivers ranges anywhere from 43% to 130% more than the average policy. View High Risk Driver Rates

Hyundai Ioniq Hybrid Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2022 Hyundai Ioniq Hybrid $282 $536 $398 $1,374
2021 Hyundai Ioniq Hybrid $272 $524 $416 $1,370

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 More Affordable Hyundai Ioniq Hybrid Insurance

Saving money on Hyundai Ioniq Hybrid insurance takes avoiding accidents and violations, having a good credit history, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Invest the time to shop around every time your policy renews by requesting rates from direct insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The list below is a summary of the information illustrated above.

  • It is possible to save up to $170 per year just by quoting online in advance
  • Teenagers are charged the highest rates, costing up to $430 per month including comprehensive and collision insurance
  • Increasing deductibles can save around $550 each year
  • High-risk drivers who have multiple accidents or major violations may pay on average $1,610 more every year for car insurance
  • Drivers who may need higher liability limits will pay approximately $440 annually to raise limits from a minimum limit to 250/500 limits

Rates by Driver Age

Hyundai Ioniq Hybrid Insurance Rates by Driver Age
Driver Age Premium
16 $5,156
20 $3,190
30 $1,436
40 $1,374
50 $1,258
60 $1,234

Full coverage, $500 deductibles

Rates by Deductible

Hyundai Ioniq Hybrid Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,736
$250 $1,568
$500 $1,374
$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 $1,374
50/100 $1,454
100/300 $1,553
250/500 $1,812
100 CSL $1,493
300 CSL $1,712
500 CSL $1,872

Full coverage, driver age 40

Rates for High Risk Drivers

Hyundai Ioniq Hybrid Insurance Rates for High Risk Drivers
Age Premium
16 $7,356
20 $5,072
30 $3,046
40 $2,982
50 $2,846
60 $2,822

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 $72
Homeowner $20
5-yr Accident Free $102
5-yr Claim Free $89
Paid in Full/EFT $63
Advance Quote $68
Online Quote $97
Total Discounts $584
Rate after discounts $790

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

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