Hyundai Ioniq Car Insurance Calculator

Discover how changing risk factors influence insurance rates for a Hyundai Ioniq. Modify choices like policy discounts, Ioniq trim level, driving record, and coverage amounts. Know immediately if the choices you make result in higher or lower insurance rates.

The average estimated car insurance premium for a 2022 Hyundai Ioniq is $2,288 per year, or about $191 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,288

Cost Per Month

$191

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Hyundai Ioniq Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a Hyundai Ioniq.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,288
Average Rate
Your Rate
$2,288

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year Hyundai Ioniq.

The 'Average Rate' is a combined value for all Hyundai Ioniq trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2022 Hyundai Ioniq is $2,288.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2022 Hyundai Ioniq vs. the Small Car Segment

The table below compares insurance rates for the 2022 Hyundai Ioniq against all other models in the small car segment. The Hyundai Ioniq is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Hyundai Ioniq, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Hyundai Ioniq.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2022 Hyundai Ioniq Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Subaru Impreza$1,856-$432
2Chevrolet Spark$1,860-$428
3Volkswagen Golf$2,056-$232
4Volkswagen Jetta$2,074-$214
5Nissan Sentra$2,082-$206
6Toyota Corolla$2,098-$190
7Honda Civic$2,106-$182
8Mazda 3$2,114-$174
9Kia Rio$2,124-$164
10Toyota Prius$2,136-$152
11Hyundai Accent$2,160-$128
12Kia Forte$2,184-$104
13Hyundai Veloster$2,196-$92
2022 Small Car Average$2,199-$89
14Nissan Leaf$2,284-$4
15Hyundai Ioniq$2,288--
16Honda Clarity$2,354$66
17Hyundai Elantra$2,408$120
18Nissan Versa$2,414$126
19Mitsubishi Mirage G4$2,424$136
20Toyota Mirai$2,762$474

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2022 Ioniq Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2022 Hyundai Ioniq.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2022 Hyundai Ioniq Insurance Rates by Trim Level
2022 Hyundai Ioniq Trim Level Annual Premium Cost Per Month
Hybrid Blue$2,210$184
Electric SE$2,230$186
Plug-in Hybrid SE$2,250$188
Hybrid SE$2,256$188
Plug-in Hybrid SEL$2,282$190
Electric Limited$2,296$191
Hybrid SEL$2,342$195
Plug-in Hybrid Limited$2,342$195
Hybrid Limited$2,408$201

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2022 Hyundai Ioniq for different driver ages.

2022 Hyundai Ioniq Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,221$685
17$7,942$662
18$7,078$590
19$6,459$538
20$4,938$412
21$4,711$393
22$4,213$351
23$3,472$289
24$3,278$273
25$2,658$222
30$2,436$203
35$2,356$196
40$2,288$191
45$2,142$179
50$2,032$169
55$1,896$158
60$1,900$158
65$2,024$169
70$2,196$183
75$2,596$216
80$3,202$267

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Hyundai Ioniq trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the Hyundai Ioniq.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average Hyundai Ioniq Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2022 Hyundai Ioniq$2,288$191
2021 Hyundai Ioniq$2,340$195
2020 Hyundai Ioniq$2,274$190
2019 Hyundai Ioniq$2,016$168
2018 Hyundai Ioniq$1,880$157
2017 Hyundai Ioniq$1,852$154

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Hyundai Ioniq trim levels for each model year.