2022 Hyundai Ioniq 5 Car Insurance Calculator

Learn how life choices affect the cost of insurance for a 2022 Hyundai Ioniq 5. Tailor settings like gender of the driver, whether you're married or single, and the state and city you live in to see how rates are impacted. Instantly discover if insurance rates get cheaper or more expensive.

The average estimated car insurance premium for a 2022 Hyundai Ioniq 5 is $2,118 per year, or about $177 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

$2,118

Cost Per Month

$177

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 5 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 2022 Hyundai Ioniq 5.

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.

$2,118
Average Rate
Your Rate
$2,118

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.

The 'Average Rate' is a combined value for all 2022 Hyundai Ioniq 5 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 5 is $2,118.

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 5 vs. the Small SUV Segment

The table below compares insurance rates for the 2022 Hyundai Ioniq 5 against all other models in the small SUV segment. The Hyundai Ioniq 5 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 5, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Hyundai Ioniq 5.

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

2022 Hyundai Ioniq 5 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda CX-5$1,626-$492
2Nissan Kicks$1,666-$452
3Chevrolet Trailblazer$1,678-$440
4Subaru Crosstrek$1,718-$400
5Buick Encore$1,768-$350
6Toyota C-HR$1,774-$344
7Nissan Rogue Sport$1,782-$336
8Hyundai Venue$1,812-$306
9Buick Envision$1,818-$300
10Kia Seltos$1,820-$298
11Ford Bronco Sport$1,828-$290
12Toyota Corolla Cross$1,834-$284
13Hyundai Kona$1,850-$268
14Subaru Forester$1,852-$266
15Volkswagen Tiguan$1,860-$258
16Honda CR-V$1,872-$246
17Mazda CX-30$1,892-$226
18Honda HR-V$1,918-$200
19Ford Ecosport$1,936-$182
20Chevrolet Trax$1,958-$160
21GMC Terrain$1,966-$152
22Mitsubishi Eclipse Cross$1,972-$146
2022 Small SUV Average$1,982-$136
23Hyundai Tucson$1,986-$132
24Chevrolet Bolt$1,994-$124
25Chevrolet Equinox$1,998-$120
26Volkswagen Taos$2,002-$116
27Fiat 500X$2,010-$108
28Toyota RAV4$2,018-$100
29Kia Soul$2,020-$98
30Mazda MX-30$2,062-$56
31Jeep Compass$2,070-$48
32Kia Niro$2,076-$42
33Nissan Rogue$2,092-$26
34Ford Escape$2,102-$16
35Hyundai Ioniq 5$2,118--
36Mini Cooper Clubman$2,124$6
37Jeep Renegade$2,126$8
38Kia Sportage$2,136$18
39Volkswagen ID4$2,178$60
40Mini Cooper$2,188$70
41Mini Cooper Countryman$2,210$92
42Mitsubishi Outlander$2,300$182
43Mitsubishi Mirage$2,320$202
44Ford Mustang Mach-E$2,418$300
45Hyundai Nexo$2,444$326

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 5 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2022 Hyundai Ioniq 5.

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 5 Insurance Rates by Trim Level
2022 Hyundai Ioniq 5 Trim Level Annual Premium Cost Per Month
SE$2,060$172
SEL$2,106$176
Limited$2,190$183

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 5 for different driver ages.

2022 Hyundai Ioniq 5 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,551$629
17$7,325$610
18$6,586$549
19$5,983$499
20$4,589$382
21$4,377$365
22$3,921$327
23$3,209$267
24$3,036$253
25$2,462$205
30$2,262$189
35$2,176$181
40$2,118$177
45$1,980$165
50$1,874$156
55$1,752$146
60$1,756$146
65$1,874$156
70$2,018$168
75$2,374$198
80$2,924$244

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 5 trim levels.