Hyundai Ioniq Insurance Rates
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UPDATED: Nov 18, 2021
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U.S. average insurance prices for a Hyundai Ioniq are $1,288 every 12 months with full coverage. Comprehensive costs on average $248, collision insurance costs $466, and liability coverage costs $416. A policy with just liability insurance costs as little as $474 a year, and coverage for high-risk drivers costs around $2,794. Teen drivers pay the highest rates at up to $4,910 a year.
Average premium for full coverage: $1,288
Price estimates by individual coverage:
These estimates include $500 deductible amounts, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and for all Ioniq models.
Price Range from Low to High
For the normal driver, Hyundai Ioniq insurance prices range from the cheapest price of $474 for just the minimum liability insurance to the much higher price of $2,794 for a high-risk driver policy.
Geographic Price Range
Your location has a large influence on auto insurance rates. Rural areas have more infrequent collision claims than larger metro areas. The example below illustrates how geographic area affects car insurance rates.
The ranges above demonstrate why everyone should compare rates based on a specific location and their own driving history, rather than 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 Rate Analysis
The chart below details average Hyundai Ioniq insurance rates for different risk profiles and scenarios.
- The lowest rate with discounts is $746
- Drivers who choose higher $1,000 deductibles will pay around $162 annually
- The average price for the average middle-age driver with $500 deductibles is $1,288
- Choosing pricier low deductibles for comprehensive and collision insurance increases the price to $1,604
- High-risk insureds with multiple violations and an at-fault accident could pay upwards of $2,794
- The price to insure a teenage driver for full coverage may cost $4,910 a year
Insurance prices for a Hyundai Ioniq are also quite variable based on deductibles and policy limits, your driving record, and the trim level of your Ioniq.
Choosing high deductibles could save up to $480 a year, whereas buying more liability protection will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $375 more per year. View Rates by Deductible or Liability Limit
A more mature driver with a clean driving record and higher deductibles may only pay around $1,200 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect to pay upwards of $4,900 a year. View Rates by Age
If you have some driving violations or you were responsible for an accident, you may be forking out at a minimum $1,500 to $2,100 extra each year, depending on your age. Hyundai Ioniq insurance for high-risk drivers can cost around 43% to 130% more than average. View High Risk Driver Rates
The state you live in makes a big difference in Hyundai Ioniq insurance rates. A 40-year-old driver could pay as low as $930 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,740 on average in Florida, Michigan, and New York.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,164 | -$124 | -9.6% |
| Alaska | $988 | -$300 | -23.3% |
| Arizona | $1,070 | -$218 | -16.9% |
| Arkansas | $1,288 | -$0 | 0.0% |
| California | $1,466 | $178 | 13.8% |
| Colorado | $1,230 | -$58 | -4.5% |
| Connecticut | $1,324 | $36 | 2.8% |
| Delaware | $1,456 | $168 | 13.0% |
| Florida | $1,612 | $324 | 25.2% |
| Georgia | $1,188 | -$100 | -7.8% |
| Hawaii | $924 | -$364 | -28.3% |
| Idaho | $872 | -$416 | -32.3% |
| Illinois | $960 | -$328 | -25.5% |
| Indiana | $970 | -$318 | -24.7% |
| Iowa | $870 | -$418 | -32.5% |
| Kansas | $1,226 | -$62 | -4.8% |
| Kentucky | $1,758 | $470 | 36.5% |
| Louisiana | $1,908 | $620 | 48.1% |
| Maine | $794 | -$494 | -38.4% |
| Maryland | $1,062 | -$226 | -17.5% |
| Massachusetts | $1,030 | -$258 | -20.0% |
| Michigan | $2,236 | $948 | 73.6% |
| Minnesota | $1,078 | -$210 | -16.3% |
| Mississippi | $1,542 | $254 | 19.7% |
| Missouri | $1,144 | -$144 | -11.2% |
| Montana | $1,384 | $96 | 7.5% |
| Nebraska | $1,016 | -$272 | -21.1% |
| Nevada | $1,544 | $256 | 19.9% |
| New Hampshire | $928 | -$360 | -28.0% |
| New Jersey | $1,438 | $150 | 11.6% |
| New Mexico | $1,140 | -$148 | -11.5% |
| New York | $1,356 | $68 | 5.3% |
| North Carolina | $742 | -$546 | -42.4% |
| North Dakota | $1,054 | -$234 | -18.2% |
| Ohio | $892 | -$396 | -30.7% |
| Oklahoma | $1,322 | $34 | 2.6% |
| Oregon | $1,180 | -$108 | -8.4% |
| Pennsylvania | $1,228 | -$60 | -4.7% |
| Rhode Island | $1,716 | $428 | 33.2% |
| South Carolina | $1,166 | -$122 | -9.5% |
| South Dakota | $1,088 | -$200 | -15.5% |
| Tennessee | $1,128 | -$160 | -12.4% |
| Texas | $1,552 | $264 | 20.5% |
| Utah | $954 | -$334 | -25.9% |
| Vermont | $882 | -$406 | -31.5% |
| Virginia | $772 | -$516 | -40.1% |
| Washington | $998 | -$290 | -22.5% |
| West Virginia | $1,180 | -$108 | -8.4% |
| Wisconsin | $892 | -$396 | -30.7% |
| Wyoming | $1,146 | -$142 | -11.0% |
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2020 Hyundai Ioniq | $248 | $466 | $416 | $1,288 |
| 2019 Hyundai Ioniq | $240 | $446 | $430 | $1,274 |
| 2018 Hyundai Ioniq | $226 | $430 | $442 | $1,256 |
| 2017 Hyundai Ioniq | $218 | $400 | $452 | $1,228 |
Rates are averaged for all Hyundai Ioniq models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Shop for Cheap Hyundai Ioniq Insurance
Getting lower rates on auto insurance not only requires having a good driving record, but also having good credit, avoid buying unnecessary coverage, and determing if full coverage is necessary. Invest the time to compare rates every time your policy renews by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.
The next list is a brief summary of the information presented in the illustrations above.
- You may be able to save as much as $150 per year just by quoting online well ahead of the renewal date
- Drivers age 20 and younger pay the highest prices, costing up to $409 a month if they have full coverage
- Increasing physical damage deductibles could save as much as $475 each year
- Drivers that tend to have accidents or serious violations may pay on average $1,510 more each year to buy Hyundai Ioniq insurance
- Consumers who require increased levels of liability coverage will pay about $460 every year to go from a low limit to a 250/500 level
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $4,910 |
| 20 | $2,986 |
| 30 | $1,336 |
| 40 | $1,288 |
| 50 | $1,178 |
| 60 | $1,156 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,604 |
| $250 | $1,456 |
| $500 | $1,288 |
| $1,000 | $1,126 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,288 |
| 50/100 | $1,371 |
| 100/300 | $1,475 |
| 250/500 | $1,746 |
| 100 CSL | $1,413 |
| 300 CSL | $1,642 |
| 500 CSL | $1,808 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $6,988 |
| 20 | $4,756 |
| 30 | $2,848 |
| 40 | $2,794 |
| 50 | $2,668 |
| 60 | $2,644 |
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.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $68 |
| Multi-vehicle | $68 |
| Homeowner | $20 |
| 5-yr Accident Free | $93 |
| 5-yr Claim Free | $83 |
| Paid in Full/EFT | $57 |
| Advance Quote | $63 |
| Online Quote | $90 |
| Total Discounts | $542 |
Discounts are estimated and may not be available from every company or in every state.
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