Hyundai Ioniq Insurance Cost

Full coverage for a Hyundai Ioniq costs about $1,425 a year ($119/month) by our estimate — ▼ −10% versus the average vehicle.

Hyundai Ioniq exterior (photo from Wikimedia Commons)
Photo: M 93, CC BY-SA 3.0 de
These are estimates, not quotes. Figures are modeled from public data (NAIC, Census, FEMA, IIHS/HLDI) for comparison only. Your actual premium depends on your insurer, driving history, vehicle and coverage choices. We are not an insurance company or agency. How we estimate

Hyundai Ioniq insurance cost at a glance

Full coverage
$1,425
$119/mo · $1,170–$1,680
Minimum liability
$630
$53/mo
Segment
Compact car
Hybrid, Plug-in hybrid, Electric

These figures assume a driver in their 30s with a clean record, 7,500–12,000 miles a year, $500 deductibles and national-average base rates, for the 2022 model year. Our vehicle data covers the 2017–2022 model years of the Hyundai Ioniq, which is no longer in production.

Estimated Hyundai Ioniq premium by coverage level (national average rates)
Coverage levelWhat it includesPer yearPer monthTypical range
State minimum liability Only the liability (and PIP/UM where required) limits your state mandates. No coverage for your own car. $630 $53 $520–$745
Standard liability (100/300/100) Higher liability limits plus uninsured motorist coverage. Still no coverage for damage to your own car. $915 $76 $750–$1,080
Full coverage Standard liability plus collision and comprehensive, typically required on a financed or leased car. $1,425 $119 $1,170–$1,680

What drives the cost of insuring a Hyundai Ioniq

HLDI does not publish loss results for the Hyundai Ioniq, so our estimate uses the typical losses of its segment (Compact car): 1.03× average for liability, 0.95× for collision and 0.90× for comprehensive.

  • Repair and parts costs: Compact car — mainstream parts availability keeps repairs moderate.
  • Electric drivetrain: battery packs, high-voltage systems and specialized repair shops make EV collision claims more expensive on average; comprehensive can be lower if theft is rare.
  • Recalls & complaints: 1 NHTSA recall campaigns and 76 owner complaints across its latest three model years. Recalls don't change premiums directly, but open recalls should be fixed.

Hyundai Ioniq trims and configurations (2022)

Higher trims with bigger engines, all-wheel drive or more technology usually cost more to repair or replace, which raises collision and comprehensive premiums.

ConfigurationDriveEngineMPGe (comb.)Range
IoniqFWD1.6L 4-cyl Hybrid55—
Ioniq BlueFWD1.6L 4-cyl Hybrid59—
Ioniq Plug-in HybridFWD1.6L 4-cyl Plug-in Hybrid52—

Hyundai Ioniq insurance cost by model year

Older model years cost less to insure for full coverage because the car is worth less, so collision and comprehensive payouts are smaller. Liability costs stay about the same.

Model yearEnginesDriveMPGeEst. full / yr
20221.6L 4-cyl Hybrid, 1.6L 4-cyl Plug-in HybridFWD52–59$1,425
20211.6L 4-cyl Hybrid, 1.6L 4-cyl Plug-in Hybrid, ElectricFWD52–59$1,395
20201.6L 4-cyl Hybrid, 1.6L 4-cyl Plug-in Hybrid, ElectricFWD52–58$1,365
20191.6L 4-cyl Hybrid, 1.6L 4-cyl Plug-in Hybrid, ElectricFWD52–58$1,335
20181.6L 4-cyl Hybrid, 1.6L 4-cyl Plug-in Hybrid, ElectricFWD52–58$1,305
20171.6L 4-cyl Hybrid, ElectricFWD55–58$1,275

Hyundai Ioniq insurance cost by state

The same car can cost very different amounts to insure depending on where it is garaged. Select a state for its rules and city-level costs.

StateFull coverageMinimumvs. national
Alabama$1,215$495−15%
Alaska$1,240$645−13%
Arizona$1,500$680+5%
Arkansas$1,215$460−15%
California$1,375$590−4%
Colorado$1,600$670+12%
Connecticut$1,540$735+8%
Delaware$1,635$825+15%
District of Columbia$1,780$765+25%
Florida$2,115$1,110+48%
Georgia$1,810$900+27%
Hawaii$965$450−32%
Idaho$960$415−33%
Illinois$1,220$515−14%
Indiana$1,000$415−30%
Iowa$930$320−35%
Kansas$1,100$415−23%
Kentucky$1,205$545−15%
Louisiana$1,985$815+39%
Maine$890$440−38%
Maryland$1,610$775+13%
Massachusetts$1,395$610−2%
Michigan$1,540$790+8%
Minnesota$1,165$485−18%
Mississippi$1,340$545−6%
Missouri$1,275$525−11%
Montana$1,095$405−23%
Nebraska$1,105$415−22%
Nevada$1,700$895+19%
New Hampshire$1,000$415−30%
New Jersey$1,765$965+24%
New Mexico$1,265$535−11%
New York$1,955$960+37%
North Carolina$1,025$460−28%
North Dakota$865$285−39%
Ohio$1,005$415−29%
Oklahoma$1,250$485−12%
Oregon$1,310$645−8%
Pennsylvania$1,215$440−15%
Rhode Island$1,750$845+23%
South Carolina$1,555$755+9%
South Dakota$1,025$325−28%
Tennessee$1,160$465−19%
Texas$1,660$710+16%
Utah$1,320$675−7%
Vermont$890$325−38%
Virginia$1,220$645−14%
Washington$1,265$610−11%
West Virginia$1,160$450−19%
Wisconsin$955$385−33%
Wyoming$1,050$335−26%

Hyundai Ioniq insurance by driver profile

Estimated annual Hyundai Ioniq premium by driver (national average rates)
DriverMinimumStandardFull coverageFull / month
Teen driver (18, own policy) $1,740 $2,520 $3,915 $326
Young adult (22) $1,010 $1,465 $2,280 $190
Adult in their 30s $630 $915 $1,425 $119
Adult in their 50s $580 $845 $1,310 $109
Senior (72) $710 $1,025 $1,595 $133
30s, one at-fault accident $915 $1,330 $2,065 $172
30s, DUI on record $1,170 $1,695 $2,635 $220

Hyundai Ioniq vs. rivals

ModelFull coverage / yrHLDI collisionHLDI comprehensiveComparison
Hyundai Ioniq$1,425———
Honda Civic$1,79012188—
Toyota Corolla$1,70510289—
Toyota Prius$1,595118104—

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Frequently asked questions

How much is insurance for a Hyundai Ioniq?

We estimate about $1,425 a year ($119 a month) for full coverage and $630 for state-minimum liability, for a driver in their 30s with a clean record at national-average rates. That is 10% less than the average vehicle.

Which state is cheapest to insure a Hyundai Ioniq?

North Dakota has the lowest estimate (about $865 a year for full coverage) and Florida the highest (about $2,115).

Is the Hyundai Ioniq cheaper to insure than the Honda Civic?

By our estimate the Hyundai Ioniq costs about $1,425 a year versus $1,820 for the Honda Civic, making it the cheaper of the two to insure.

How much is Hyundai Ioniq insurance for a teen driver?

An 18-year-old on their own full-coverage policy would pay about $3,915 a year at national-average rates by our estimate.

How we estimate this

We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.