Hyundai Ioniq Insurance Rates

Estimated insurance rates for a Hyundai Ioniq are $1,156 a year for full coverage. Comprehensive insurance costs around $200, collision insurance costs $338, and liability is estimated at $460. Liability-only coverage costs approximately $510 a year, and high-risk coverage costs $2,502 or more. Teenage drivers pay the most at up to $4,546 a year.

Average premium for full coverage: $1,156

Premium estimates for type of coverage:

Estimates include $500 deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all states and for different Ioniq trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on auto insurance rates. Areas with sparse population are statistically proven to have lower incidents of accident claims than densely populated cities. The price range example below illustrates how location helps determine auto insurance rates.

These rate differences show why anyone shopping for car insurance should get quotes for a specific zip code, instead of using average rates.

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

More Rate Information

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

• The best discount rate is $682
• Choosing higher $1,000 deductibles can save about $122 a year
• The estimated price for a 40-year-old good driver using $500 deductibles is $1,156
• Using more expensive low deductibles for comp and collision coverage will cost an additional $236 every year
• Unlucky drivers who are prone to accidents and violations could pay at least $2,502
• An auto insurance policy that insures a teen driver with full coverage can be $4,546 each year

View Chart as Image

Insurance prices for a Hyundai Ioniq also have a wide range based on the model year and trim level, how you drive, and deductibles and policy limits.

If you have a few violations or you caused an accident, you could be paying at least $1,400 to $1,900 extra annually, depending on your age. High-risk driver insurance ranges as much as 42% to 135% more than a normal policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records can expect to pay as much as $4,500 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Hyundai Ioniq insurance prices. A good driver about age 40 could pay as low as $760 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,650 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles can save as much as $360 every year, while increasing your policy's liability limits will increase prices. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $414 more per year. View Rates by Deductible or Liability Limit

How to Find Low Cost Hyundai Ioniq Insurance

Finding better rates on car insurance takes not taking risks behind the wheel, having above-average credit, not filing small claims, and dropping full coverage on older vehicles. Compare prices at every policy renewal by requesting rates from direct carriers, and also from several local insurance agents.

The following is a review of the data covered in the charts and tables above.

• Policyholders who may need higher liability limits will pay an extra $510 each year to raise limits from 30/60 bodily injury limits to the 250/500 level
• Drivers can save up to $130 per year just by shopping early and online
• Increasing policy deductibles can save approximately $350 each year
• Teens pay higher prices, as much as $379 per month if full coverage is included