Hyundai Ioniq 6 Insurance Rates

Average insurance rates for a Hyundai Ioniq 6 are $1,524 a year for full coverage insurance. Comprehensive costs approximately $418 each year, collision insurance costs $750, and liability insurance costs around $246. A liability-only policy costs as low as $298 a year, and high-risk insurance costs around $3,280. Teenage drivers receive the highest rates at up to $5,214 a year.

Average premium for full coverage: $1,524

Rate estimates by individual coverage type:

Price estimates include $500 physical damage insurance deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 states and Ioniq 6 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on the price of auto insurance. Rural locations tend to have a lower frequency of physical damage claims than densely populated cities. The graphic below illustrates how location helps determine auto insurance prices.

These examples illustrate why all drivers should compare prices using their specific location and risk profile, rather than relying on average rates.

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

More Rate Information

The chart below illustrates average Hyundai Ioniq 6 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $844
• Using higher $1,000 deductibles will save $266 each year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,524
• Using low deductibles for physical damage coverage will increase the cost to $2,038
• Drivers who are prone to accidents and violations could pay around $3,280
• The cost for full coverage for a teen driver can cost $5,214 or more

View Chart as Image

Insurance rates for a Hyundai Ioniq 6 can also vary considerably based on your driver profile, the model year and trim level, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high deductibles could pay as little as $1,400 a year for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay in the ballpark of $5,200 a year. View Rates by Age

Where you live has a huge impact on Hyundai Ioniq 6 insurance rates. A driver around age 40 might see rates as low as $990 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $2,060 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $780 each year, whereas increasing liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will cost as much as $222 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying anywhere from $1,800 to $2,400 extra per year, depending on your age. Insurance for high-risk drivers can be anywhere from 46% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Cheaper Hyundai Ioniq 6 Insurance

Saving money on Hyundai Ioniq 6 insurance requires being a low-risk driver, maintaining good credit, avoid buying unnecessary coverage, and possibly raising deductibles. Invest time comparing rates at every policy renewal by getting quotes from direct insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.

The items below are a condensed summary of the data covered in the charts and tables above.

• Drivers who purchase more liability coverage will pay an extra $270 annually to increase from a minimum limit to 250/500 limits
• It is possible to save around $190 per year just by quoting online in advance
• Increasing deductibles can save around $775 each year
• Teen drivers are expensive to insure, costing up to $435 per month for full coverage