2025 Car Insurance Rates for a Hyundai Ioniq: Complete Guide

• Hyundai Ioniq insurance cost averages $2,346 per year, $1,173 for a 6-month policy, or about $196 per month, for full coverage insurance on a Hyundai Ioniq, depending on the trim level.
• When compared to other small cars, the Hyundai Ioniq is one of the more expensive small cars to insure, costing $94 more per year on average.
• The cheapest Ioniq to insure is the Hybrid Blue at $2,260 per year, or about $188 per month.
• Skipping the 2022 model and instead insuring a used Hyundai Ioniq may save $450 or more each year.

How much does Hyundai Ioniq car insurance cost?

Hyundai Ioniq insurance rates cost an average of $2,346 a year for full coverage, or around $196 a month. Drivers can plan on paying about $94 more each year to insure a Hyundai Ioniq compared to the small car average rate, and $70 more per year than the $2,276 all-vehicle national average rate.

The chart below illustrates how average Ioniq car insurance rates for the 2022 model year fluctuate depending on driver age and policy deductibles. The rate values shown range from a low of $1,660 per year for a 60-year-old driver with high physical damage deductibles to the most expensive rate of $5,460 per year for a driver age 20 with a $250 policy deductible.

To help you understand the vast range of Ioniq auto insurance rates, consider that a policy for liability only on a Hyundai Ioniq in some parts of Virginia or Idaho can cost as little as $234 a year.

For an identical Hyundai Ioniq, a 16-year-old male driver with a tendency to speed could pay as much as $16,907 a year for a full coverage California car insurance policy.

Because of this variability, we recommend getting an exact rate quote from several companies in order to help solidify the rate you’ll pay.

How does Ioniq insurance cost compare?

When compared to top-selling vehicles in the small car class, car insurance for a Hyundai Ioniq costs $186 more per year than the Honda Civic, $198 more than the Toyota Corolla, $214 more than the Nissan Sentra, and $158 more than the Toyota Prius.

The Hyundai Ioniq ranks 15^th out of 20 total comparison vehicles in the small car segment. The Ioniq costs an average of $2,346 per year for full coverage insurance and the segment average cost is $2,252 per year, a difference of $94 per year.

The table below shows how average car insurance rates for a 2022 Ioniq compare to the entire 20 vehicle compact car class.

What is the cheapest Hyundai Ioniq insurance?

The cheapest trim level of Hyundai Ioniq to insure is the Hybrid Blue at around $2,260 per year. The second cheapest trim is the Electric SE also costing $2,282 per year. The third cheapest trim level to insure is the Plug-in Hybrid SE at $2,304 per year.

The most expensive trim levels of Hyundai Ioniq to insure are the Hybrid Limited at $2,464 and the Plug-in Hybrid Limited at $2,398 per year. Those trim levels will cost an extra $204 and $138 per year, respectively, over the cheapest Hybrid Blue model.

The next table details the average cost to insure an Ioniq, including a monthly insurance rate, for each Hyundai Ioniq trim level.

How much is insurance for a used Ioniq?

Buying insurance for a 2017 Hyundai Ioniq in place of the newest 2022 model year could save as much as $450 on a yearly basis. Even driving a gently used 2019 model could save the average driver around $282 each year.

The following data table illustrates average Hyundai Ioniq insurance rates for a range of model years and driver ages. Annual policy costs range from the best price of $1,580 for a 60-year-old driver rated on a 2017 Hyundai Ioniq to the most expensive cost of $4,724 for a 20-year-old with a 2022 model year.