Hyundai Ioniq Insurance Rates
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UPDATED: Jun 18, 2023
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Average auto insurance rates for a Hyundai Ioniq are $1,274 annually including full coverage. Comprehensive costs an estimated $240 a year, collision insurance costs $446, and liability insurance is estimated at $430. A policy with just liability insurance costs approximately $486 a year, and coverage for high-risk drivers costs around $2,762. Teens receive the highest rates at up to $4,886 a year.
Average premium for full coverage: $1,274
Rate estimates broken down by individual coverage type:
Prices are based on $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and Ioniq trim levels.
Price Range by Coverage and Risk
For a 40-year-old driver, prices range range from as cheap as $486 for just liability insurance to a high of $2,762 for a driver who requires high-risk insurance.
Price Range by Location
Living in a larger city has a significant impact on the price of auto insurance. More rural locations tend to have fewer comprehensive and collision claims than cities with more traffic congestion. The diagram below illustrates how your location can change insurance prices.
These examples highlight why it is important to get quotes for a targeted area and their own personal driving habits, 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.
More Rate Details
The chart below breaks down average Hyundai Ioniq insurance rates for other coverage scenarios.
- The cheapest rate after discounts is $739
- Choosing higher $1,000 deductibles can save approximately $1,118 every year
- The estimated rate for a 40-year-old driver who has $500 deductibles is $1,274
- Selecting low $100 deductibles for comp and collision coverage will cost $1,576
- High-risk insureds with serious driving violations could pay up to $2,762
- The cost with full coverage for a teen driver can cost as much as $4,886 each year
Insurance rates for a Hyundai Ioniq can also vary considerably based on the trim level of your Ioniq, your driving characteristics, and liability limits and deductibles.
Older drivers with no violations or accidents and high physical damage deductibles could pay as little as $1,200 annually on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they should be prepared to pay at least $4,800 a year. View Rates by Age
If you like to drive fast or you caused a few accidents, you are likely paying $1,500 to $2,100 additional per year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 131% more than the average policy. View High Risk Driver Rates
Choosing higher comprehensive and collision insurance deductibles can save as much as $460 each year, while buying higher liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $387 more each year. View Rates by Deductible or Liability Limit
Where you live plays a big part in determining prices for Hyundai Ioniq insurance rates. A good driver about age 40 could pay as low as $980 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,820 on average in Louisiana, New York, and Michigan.
State | Premium | Compared to U.S. Avg | Percent Difference |
---|---|---|---|
Alabama | $1,152 | -$122 | -9.6% |
Alaska | $978 | -$296 | -23.2% |
Arizona | $1,056 | -$218 | -17.1% |
Arkansas | $1,274 | -$0 | 0.0% |
California | $1,450 | $176 | 13.8% |
Colorado | $1,216 | -$58 | -4.6% |
Connecticut | $1,310 | $36 | 2.8% |
Delaware | $1,440 | $166 | 13.0% |
Florida | $1,592 | $318 | 25.0% |
Georgia | $1,174 | -$100 | -7.8% |
Hawaii | $914 | -$360 | -28.3% |
Idaho | $860 | -$414 | -32.5% |
Illinois | $948 | -$326 | -25.6% |
Indiana | $958 | -$316 | -24.8% |
Iowa | $860 | -$414 | -32.5% |
Kansas | $1,212 | -$62 | -4.9% |
Kentucky | $1,736 | $462 | 36.3% |
Louisiana | $1,884 | $610 | 47.9% |
Maine | $786 | -$488 | -38.3% |
Maryland | $1,050 | -$224 | -17.6% |
Massachusetts | $1,020 | -$254 | -19.9% |
Michigan | $2,212 | $938 | 73.6% |
Minnesota | $1,066 | -$208 | -16.3% |
Mississippi | $1,524 | $250 | 19.6% |
Missouri | $1,130 | -$144 | -11.3% |
Montana | $1,370 | $96 | 7.5% |
Nebraska | $1,004 | -$270 | -21.2% |
Nevada | $1,526 | $252 | 19.8% |
New Hampshire | $918 | -$356 | -27.9% |
New Jersey | $1,424 | $150 | 11.8% |
New Mexico | $1,128 | -$146 | -11.5% |
New York | $1,342 | $68 | 5.3% |
North Carolina | $734 | -$540 | -42.4% |
North Dakota | $1,044 | -$230 | -18.1% |
Ohio | $880 | -$394 | -30.9% |
Oklahoma | $1,308 | $34 | 2.7% |
Oregon | $1,166 | -$108 | -8.5% |
Pennsylvania | $1,216 | -$58 | -4.6% |
Rhode Island | $1,698 | $424 | 33.3% |
South Carolina | $1,152 | -$122 | -9.6% |
South Dakota | $1,074 | -$200 | -15.7% |
Tennessee | $1,116 | -$158 | -12.4% |
Texas | $1,536 | $262 | 20.6% |
Utah | $942 | -$332 | -26.1% |
Vermont | $872 | -$402 | -31.6% |
Virginia | $764 | -$510 | -40.0% |
Washington | $984 | -$290 | -22.8% |
West Virginia | $1,168 | -$106 | -8.3% |
Wisconsin | $882 | -$392 | -30.8% |
Wyoming | $1,134 | -$140 | -11.0% |
Model Year | Comprehensive | Collision | Liability | Total Premium |
---|---|---|---|---|
2020 Hyundai Ioniq | $240 | $446 | $430 | $1,274 |
2019 Hyundai Ioniq | $226 | $430 | $442 | $1,256 |
2018 Hyundai Ioniq | $218 | $400 | $452 | $1,228 |
2017 Hyundai Ioniq | $208 | $376 | $456 | $1,198 |
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 Buy Affordable Hyundai Ioniq Insurance
Saving money on Hyundai Ioniq insurance takes being a safe and courteous driver, having good credit, not filing small claims, and possibly raising deductibles. Invest the time to shop around at every other renewal by requesting rates from direct car insurance companies like Progressive and GEICO, and also from insurance agencies where you live.
Below is a brief review of the concepts that were illustrated above.
- High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,490 more annually for auto insurance
- Teenage drivers are expensive to insure, as much as $407 per month if they have full coverage
- You may be able to save approximately $150 per year just by quoting early and online
- Increasing deductibles could save up to $450 each year
- You may be able to save approximately $150 per year just by quoting early and online
Rate Tables and Charts
Rates by Driver Age
Driver Age | Premium |
---|---|
16 | $4,886 |
20 | $2,952 |
30 | $1,318 |
40 | $1,274 |
50 | $1,166 |
60 | $1,142 |
Full coverage, $500 deductibles
Rates by Deductible
Deductible | Premium |
---|---|
$100 | $1,576 |
$250 | $1,436 |
$500 | $1,274 |
$1,000 | $1,118 |
Full coverage, driver age 40
Rates by Liability Limit
Liability Limit | Premium |
---|---|
30/60 | $1,274 |
50/100 | $1,360 |
100/300 | $1,468 |
250/500 | $1,747 |
100 CSL | $1,403 |
300 CSL | $1,640 |
500 CSL | $1,812 |
Full coverage, driver age 40
Rates for High Risk Drivers
Age | Premium |
---|---|
16 | $6,948 |
20 | $4,702 |
30 | $2,812 |
40 | $2,762 |
50 | $2,640 |
60 | $2,616 |
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 | $67 |
Multi-vehicle | $68 |
Homeowner | $20 |
5-yr Accident Free | $91 |
5-yr Claim Free | $82 |
Paid in Full/EFT | $56 |
Advance Quote | $62 |
Online Quote | $89 |
Total Discounts | $535 |
Discounts are estimated and may not be available from every company or in every state.
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