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Insurance.com research suggests that the cost of insuring a Hyundai Ioniq is estimated to be around $2,413 annually or $201 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.
Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Hyundai Ioniq is $2,413 per year, while its 2022 equivalent costs $1,978 per year.
Regardless of your chosen model year, you can find a competitive carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.
Read on to learn in detail about these cost-effective auto policies for Hyundai Ioniq.
Average insurance cost of Hyundai Ioniq by model year
| Year of Hyundai Ioniq model | Average cost to insure |
|---|---|
| 2023 | $2,413 |
| 2022 | $1,978 |
| 2021 | $1,832 |
| 2020 | $1,818 |
| 2019 | $1,868 |
Compare Hyundai Ioniq insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| State Farm | 2WD 4 Door SUV Electric | $1,817 |
| State Farm | 4WD 4 Door SUV Electric | $1,817 |
| Nationwide | 2WD 4 Door SUV Electric | $2,331 |
| Nationwide | 4WD 4 Door SUV Electric | $2,375 |
| Progressive | 4WD 4 Door SUV Electric | $2,930 |
| Progressive | 2WD 4 Door SUV Electric | $2,976 |
| GEICO | 2WD 4 Door SUV Electric | $2,993 |
| GEICO | 4WD 4 Door SUV Electric | $3,052 |
| Allstate | 2WD 4 Door SUV Electric | $5,895 |
| Allstate | 4WD 4 Door SUV Electric | $5,895 |
Hyundai Ioniq insurance rates per year
2023 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 State Farm $1,637 2 Nationwide $1,802 3 Progressive $2,086 4 GEICO $2,231 5 Farmers $3,261 6 Allstate $3,460 2022 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 State Farm $1,341 2 GEICO $1,372 3 Progressive $1,935 4 Farmers $2,138 5 Nationwide $2,379 6 Allstate $2,700 2021 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 State Farm $1,225 2 Progressive $1,332 3 GEICO $1,422 4 Farmers $2,113 5 Nationwide $2,171 6 Allstate $2,726 2020 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 State Farm $1,295 2 GEICO $1,334 3 Progressive $1,761 4 Farmers $1,931 5 Nationwide $2,063 6 Allstate $2,524 2019 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 GEICO $1,293 2 State Farm $1,366 3 Progressive $1,889 4 Nationwide $1,911 5 Farmers $2,305 6 Allstate $2,443 2018 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 GEICO $1,201 2 State Farm $1,296 3 Progressive $1,788 4 Nationwide $1,957 5 Farmers $2,249 6 Allstate $2,353 2017 Hyundai Ioniq insurance rates
Rank Company Average annual premium 1 GEICO $1,186 2 State Farm $1,299 3 Progressive $1,810 4 Nationwide $2,031 5 Farmers $2,149 6 Allstate $2,326
