Hyundai Ioniq 6 Insurance Rates

The average insurance rates for a Hyundai Ioniq 6 are $1,524 a year with full coverage. Comprehensive costs around $418 each year, collision insurance costs $750, and liability coverage costs $246. Liability-only coverage costs as little as $298 a year, and high-risk coverage costs around $3,280. Teens cost the most to insure at up to $5,214 a year.

Average premium for full coverage: $1,524

Policy rates for type of insurance:

These estimates include $500 deductible amounts, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and Ioniq 6 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than cities with more traffic congestion. The graphic below illustrates how location impacts auto insurance rates.

The examples above demonstrate why all drivers should compare rates for a specific zip code and risk profile, rather than using averaged prices.

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

Detailed Rate Analysis

The chart below details average Hyundai Ioniq 6 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $844
• Drivers who choose higher $1,000 deductibles will pay about $266 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,524
• Selecting low deductibles for comprehensive and collision insurance will increase the cost to $2,038
• High-risk insureds with serious driving violations could pay at least $3,280
• Policy cost for full coverage for a teenage driver can be $5,214 a year

View Chart as Image

Insurance rates for a Hyundai Ioniq 6 also range considerably based on your risk profile, the trim level and model year, and deductibles and policy limits.

More mature drivers with no violations or accidents and high deductibles may only pay around $1,400 per year on average, or $117 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay as much as $5,200 a year. View Rates by Age

Your home state makes a big difference in Hyundai Ioniq 6 insurance rates. A 40-year-old driver could pay as low as $1,100 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $2,060 on average in Florida, Michigan, and New York.

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Choosing higher comprehensive and collision insurance deductibles could save up to $780 a year, whereas increasing liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $222 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,800 to $2,400 additional every year, depending on your age. Insurance for high-risk drivers can cost around 46% to 133% more than the average policy. View High Risk Driver Rates

How to Find Cheap Hyundai Ioniq 6 Insurance

Finding cheaper rates on auto insurance not only requires having a good driving record, but also having a good credit history, not filing small claims, and deciding if full coverage is necessary. Spend time shopping around every year by requesting rates from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The next list is a brief summary of the coverage data touched on above.

• You may be able to save up to $190 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $775 each year
• Drivers age 20 and younger are charged the highest rates, as much as $435 each month including comprehensive and collision insurance
• Drivers that tend to have accidents or serious violations pay an average of $1,760 more every year to buy Hyundai Ioniq 6 insurance