Hyundai Ioniq insurance costs around $90 per month for minimum coverage and $177 monthly for full coverage. Depending on your particular trim and model year, costs can range from $64 to $238 for Hyundai Ioniq 5 monthly.
Hyundai Ioniq Insurance Cost
Updated: November 16, 2025
Key Takeaways
Hyundai Ioniq insurance costs range from $89 to $238 monthly depending on your chosen trim level and model year.
The Ioniq ranks 381st out of 827 vehicle models for insurance affordability in the United States vehicle market.
GEICO offers the most affordable full coverage for Hyundai Ioniq owners at $119 monthly, while minimum coverage starts around $54 per month.
How Much Is Hyundai Ioniq Insurance?
| Hyundai Ioniq 5 | $90 | $177 |
Hyundai Ioniq Insurance Cost by Model Year
Your vehicle's model year and available trims affect insurance rates, with newer models costing more due to higher fair value. Monthly costs by model year range from as low as $76 to as expensive as $217 per month.
| 2025 | $84 | $164 |
| 2024 | $76 | $149 |
| 2023 | $111 | $217 |
| 2022 | $99 | $193 |
Hyundai Ioniq Insurance Cost by Trim
Your Hyundai Ioniq's trim affects insurance rates based on features, market value and replacement costs. Monthly premiums range from $65 to $229 depending on your specific trim level, according to our research.
| Se Standard Range | $65 | $128 |
| Se | $73 | $142 |
| Sel | $76 | $148 |
| Limited | $84 | $164 |
| Xrt | $89 | $173 |
| Xrt W/Tow Hitch | $90 | $175 |
| Disney100 Platinum Edition | $91 | $177 |
| Se Standard Range Sport Utility 4d | $98 | $190 |
| Se Sport Utility 4d | $100 | $194 |
| 5 N | $104 | $203 |
| Sel Sport Utility 4d | $106 | $207 |
| Limited Sport Utility 4d | $117 | $229 |
Hyundai Ioniq Insurance Cost by Company
Hyundai Ioniq insurance costs vary by provider from $87 to $263 monthly. Minimum coverage ranges from $54 to $154, while full coverage costs $119 to $377. Rates vary due to different risk assessment models.
| AAA | $117 | $243 |
| AIG | $150 | $377 |
| Allstate | $115 | $224 |
| Amica | $140 | $287 |
| Chubb | $145 | $293 |
| Farmers | $154 | $272 |
| GEICO | $54 | $119 |
| Kemper | $101 | $207 |
| Nationwide | $83 | $144 |
| Progressive | $84 | $157 |
| State Farm | $83 | $172 |
| The Hartford | $98 | $167 |
| Travelers | $68 | $127 |
| UAIC | $137 | $173 |
Hyundai Ioniq Insurance Cost by State
Car insurance for a Hyundai Ioniq varies widely by location, ranging from $36 monthly in Wyoming to $415 in Louisiana.
| Alabama | $89 | $171 |
| Alaska | $64 | $138 |
| Arizona | $129 | $240 |
| Arkansas | $82 | $184 |
| California | $84 | $169 |
| Colorado | $96 | $228 |
| Connecticut | $120 | $208 |
| Delaware | $123 | $206 |
| Florida | $107 | $251 |
| Georgia | $136 | $223 |
| Hawaii | $48 | $109 |
| Idaho | $48 | $100 |
| Illinois | $80 | $151 |
| Indiana | $62 | $123 |
| Iowa | $59 | $141 |
| Kansas | $68 | $160 |
| Kentucky | $112 | $190 |
| Louisiana | $200 | $415 |
| Maine | $50 | $105 |
| Maryland | $143 | $243 |
| Massachusetts | $93 | $201 |
| Michigan | $170 | $334 |
| Minnesota | $79 | $169 |
| Mississippi | $96 | $185 |
| Missouri | $119 | $237 |
| Montana | $69 | $165 |
| Nebraska | $72 | $163 |
| Nevada | $151 | $274 |
| New Hampshire | $67 | $121 |
| New Jersey | $147 | $244 |
| New Mexico | $76 | $171 |
| New York | $108 | $196 |
| North Carolina | $88 | $173 |
| North Dakota | $60 | $132 |
| Ohio | $68 | $135 |
| Oklahoma | $95 | $211 |
| Oregon | $103 | $180 |
| Pennsylvania | $86 | $201 |
| Rhode Island | $110 | $199 |
| South Carolina | $91 | $172 |
| South Dakota | $56 | $177 |
| Tennessee | $69 | $142 |
| Texas | $113 | $230 |
| Utah | $93 | $159 |
| Vermont | $50 | $121 |
| Virginia | $86 | $139 |
| Washington | $80 | $149 |
| West Virginia | $84 | $172 |
| Wisconsin | $63 | $140 |
| Wyoming | $36 | $121 |
Hyundai Ioniq Insurance Cost by Driver Profile
Your age and driving record dramatically impact Hyundai Ioniq insurance costs. Monthly rates average $338 for young drivers under 25 with clean records, while adult drivers between 26-64 without violations pay just $133 monthly on average.
| Adult Drivers | $90 | $177 |
| Young Drivers | $231 | $445 |
| Senior Drivers | $121 | $223 |
| Drivers With a Speeding Ticket | $113 | $222 |
| Drivers With an Accident | $133 | $258 |
| Drivers With a DUI | $169 | $325 |
| Drivers With Bad Credit | $218 | $440 |
Is a Hyundai Ioniq Expensive to Insure?
Compared to the rest of the models on the U.S. market, a Hyundai Ioniq ranks 381st out of 827, placing it around the average for car insurance costs. Among compact crossover SUVs, the model ranks 15th out of 27.
| Saturn Vue | $61 | $118 |
| Chevrolet Captiva | $72 | $139 |
| Toyota Matrix | $75 | $144 |
| Ford Escape | $76 | $147 |
| Honda Element | $76 | $147 |
| Vinfast VF-7 | $75 | $147 |
| Jeep Patriot | $82 | $158 |
| Mitsubishi Eclipse Cross | $82 | $160 |
| Subaru Crosstrek | $83 | $162 |
| Volkswagen Tiguan | $84 | $162 |
| Gmc Terrain | $85 | $163 |
| Subaru Forester | $85 | $164 |
| Hyundai NEXO | $88 | $170 |
| Honda HR-V | $89 | $171 |
| Hyundai Ioniq 5 | $90 | $177 |
| Kia Sportage | $91 | $176 |
| Mazda CX-5 | $91 | $177 |
| Toyota RAV4 | $92 | $178 |
| Hyundai Ioniq Hybrid | $92 | $178 |
| Honda CR-V | $92 | $178 |
| Toyota bZ4X | $94 | $183 |
| Mitsubishi Outlander | $98 | $190 |
| Mazda CX-50 | $101 | $197 |
| Chevrolet Trax | $102 | $197 |
| Hyundai Ioniq Electric | $104 | $201 |
| Dodge Hornet | $116 | $226 |
| Toyota Corolla Cross | $120 | $231 |
Factors That Affect Hyundai Car Insurance Costs
Several factors affect your Hyundai Ioniq 5 insurance costs:
- Age (25 to 54 median): Environmental and tech-conscious buyers prefer innovative vehicles with lower operating costs.
- Gender (55% male): Males slightly dominate purchases, but female ownership is growing with hybrid model popularity.
- Income ($50,000 to $149,999): Middle to upper-middle class buyers attracted to fuel efficiency and technology features without luxury pricing.
Average Repair or Replacement Costs
Hyundai ranks fourth in repair affordability among 59 U.S. automakers with median annual costs of $587. Hyundai Ioniq repair costs average $830 annually, making it one of Hyundai's most expensive models to repair while still contributing to higher insurance premiums.
Vehicle Trim, Features and Accessories
The Hyundai Ioniq lineup ranges from the base 168-horsepower hybrid to the high-performance 641-horsepower Ioniq 5 N. Standard features include advanced driver assistance systems, dual 12-inch displays, and premium eco-friendly materials.
Higher trim levels feature sliding center consoles, panoramic glass roofs, and sophisticated electronic systems that increase replacement costs and insurance premiums.
Fuel Type
Hyundai Ioniq models cost more to insure because they use advanced electric and hybrid powertrains instead of conventional engines. When components fail, you need specialized technicians trained in high-voltage systems.
Battery cooling systems, regenerative braking, and complex power management modules require expensive diagnostic equipment. Insurance companies factor in these specialized repair requirements and limited service network availability when calculating premiums.
Location
Hyundai Ioniq owners concentrate heavily in California and progressive urban markets where EV infrastructure is well-developed. These areas typically have higher insurance rates due to increased traffic density, higher vehicle theft rates and elevated repair costs.
Limited EV service availability in rural areas creates regional rate variations, with some states showing premium differences of 50% or more between metropolitan and rural zones.
Driver Profile
Most Hyundai Ioniq drivers are tech-savvy professionals aged 25 to 54 with household incomes between $50,000 to $149,999. This demographic has responsible driving habits and good credit scores, so they receive good rates, though younger EV enthusiasts may face higher premiums.
How to Lower the Cost of Hyundai Ioniq Insurance
Below we break down the best way to buy car insurance for your Hyundai Ioniq:
- 1Choose the right coverage
You'll need to determine how much coverage to buy for your Ioniq. If you own your Hyundai, you can purchase your state's minimum liability requirements and add comprehensive and collision with a $1,000 deductible to reduce costs. If you want better protection, consider 100/300/100 liability coverage with comprehensive and collision at a $500 deductible. If you're financing or leasing, your lender requires 100/300/100 liability limits, comprehensive and collision with a $500 deductible, and gap insurance.
- 2Research costs and cheap companies
Understand pricing norms by checking average auto insurance costs for hybrid and electric vehicles. This knowledge guides your search for the cheapest car insurance companies with competitive offers.
- 3Look for more than just low rates
Selecting trustworthy car insurance means evaluating insurers beyond cost. Study J.D. Power ratings, read forum discussions about customer experiences, check Better Business Bureau complaints and confirm AM Best financial strength. Budget carriers may provide inadequate coverage or delayed claims processing.
- 4Explore discounts you qualify for
Identify car insurance discounts available to you. Hyundai Ioniq owners typically receive electric/hybrid vehicle discounts, safety features discounts, bundling discounts, low mileage discounts and good driver discounts.
- 5Consider alternative car insurance types
Hyundai Ioniq owners should consider usage-based insurance or GEICO DriveEasy programs that track safe driving and offer premium reductions.
- 6Check rates every year
Pull car insurance quotes from several companies each year. Pricing changes regularly, and comparing annually can lower your Hyundai Ioniq insurance by up to 24%.
Hyundai Ioniq Insurance Cost: Bottom Line
Insuring a Hyundai Ioniq costs about average, but you can still find cheaper rates. Shop multiple companies, look into discounts and consider different coverage options to get the best insurance rate for your car.
Hyundai Ioniq Insurance Rates: FAQ
Here are answers to common questions about insuring a Hyundai Ioniq 5.
What is the average cost of car insurance for a Hyundai Ioniq?
The Hyundai Ioniq 5's average annual insurance cost is $1,085 for state minimum coverage and $2,118 for full coverage.
What company has the cheapest car insurance for a Hyundai Ioniq?
When shopping for Ioniq 5 insurance, GEICO offers the most affordable full coverage at $119 monthly. The same insurer also provides the cheapest minimum coverage for this electric vehicle at $54 per month.
Are Hyundai Ioniqs expensive to insure?
Compared to the rest of the models on the U.S. market, a Hyundai Ioniq ranks 381st out of 827, placing it around the average for car insurance costs. Among compact crossover SUVs, the model ranks 15th out of 27.
What factors affect insurance costs for Hyundai Ioniqs?
Several things drive up your Hyundai Ioniq rates. Repairs cost more because of specialized parts and the aluminum body. Your driving record and credit score, plus the coverage you pick, play a big role. Where you live affects rates, too.
How can I lower Hyundai Ioniq insurance costs?
Shop around with multiple insurers as rates vary for Ioniqs, and consider usage-based insurance programs that track your driving habits. Take advantage of Hyundai's safety features when discussing discounts, bundle with other policies and maintain a clean driving record to qualify for the lowest premiums.
How We Determined Hyundai Ioniq Insurance Costs
We studied hundreds of millions of quote estimates across all U.S. models sold in the U.S. from 2000 to 2025 to get you the most accurate Hyundai Ioniq insurance costs.
Who We Based These Rates On
These Hyundai Ioniq prices reflect what a typical driver pays:
- Age 40, unmarried male
- Clean record: no tickets or crashes
- Credit score in a good range
- Has never made an insurance claim
- Puts about 12,000 miles on the odometer yearly
- Has a valid driver's license with no suspensions on record
Coverage Definitions:
- Minimum Coverage: State-required liability limits
- Full Coverage: 100/300/100 liability + comprehensive/collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.