Cheap Hyundai Ioniq Electric Car Insurance in 2024 (Cash Savings With These 10 Providers!)
The leading providers of affordable insurance for cheap Hyundai Ioniq Electric car insurance are Progressive, Erie, and AAA, starting at $45 per month. These top providers stand out for their affordability and comprehensive coverage options, making them ideal choices for insuring your Hyundai Ioniq Electric.
Free Auto Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
UPDATED: Jun 30, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Jun 30, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
13,128 reviewsCompany Facts
Min. Coverage for Hyundai Ioniq Electric
A.M. Best Rating
Complaint Level
Pros & Cons
13,128 reviews
1,814 reviewsCompany Facts
Min. Coverage for Hyundai Ioniq Electric
A.M. Best Rating
Complaint Level
Pros & Cons
1,814 reviews
2,934 reviewsCompany Facts
Min. Coverage for Hyundai Ioniq Electric
A.M. Best Rating
Complaint Level
Pros & Cons
2,934 reviewsCompare the best insurance rates for cheap Hyundai Ioniq Electric car insurance with our top pick overall: Progressive. In finding affordable coverage for your Hyundai Ioniq Electric involves weighing factors like safety ratings, discounts, and claims process efficiency.
Progressive stands out for its competitive rates starting at $45/month, followed closely by Erie and AAA, each offering personalized policies and robust roadside assistance coverage. Whether you prioritize cost savings or extensive coverage, comparing quotes from these top insurers ensures you make a confident and informed insurance decision tailored to your needs.
Our Top 10 Company Picks: Cheap Hyundai Ioniq Electric Car Insurance
| Company | Rank | Monthly Rates | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 | #1 | $45 | A+ | Tight Budgets | Progressive |
 | #2 | $48 | A+ | Personalized Policies | Erie |
 | #3 | $51 | A | Roadside Assistance | AAA |
 | #4 | $54 | B | High-Risk Drivers | State Farm |
 | #5 | $57 | A | First-Responder Discount | Farmers |
 | #6 | $60 | A+ | SmartRide Program | Nationwide |
 | #7 | $63 | A++ | Unique Coverage | Travelers |
 | #8 | $66 | A | Quick Claims | Liberty Mutual |
 | #9 | $69 | A | Loyalty Rewards | American Family |
 | #10 | $72 | A+ | Multi-Policies | Allstate |
Protect your vehicle from whatever the road throws at it by entering your ZIP code into our free comparison tool above to see affordable car insurance quotes.
Compare Quotes From Top Companies and Save Compare quotes from the top insurance companies and save! Compare quotes from the top insurance companies and save! Compare quotes from the top insurance companies and save! Compare quotes from the top insurance companies and save! Several factors determine the insurance cost for a Hyundai Ioniq Electric. Personal factors such as age, gender, driving history, location, and mileage are considered. Younger drivers and those with a history of car accidents generally pay higher premiums. Additionally, living in areas with higher crime rates or more traffic congestion can increase insurance costs due to the higher risk of car accidents or theft. Hyundai Ioniq Electric Car Insurance Monthly Rates by Coverage Level & Provider
Free Auto Insurance Comparison
Secured with SHA-256 EncryptionCompare The Best Insurance Quotes In The Country
Secured with SHA-256 Encryption#1 – Progressive: Top Overall Pick
Pros
Cons
#2 – Erie: Best for Personalized Policies
Pros
Cons
#3 – AAA: Best for Roadside Assistance
Pros
Cons
Compare The Best Insurance Quotes In The Country
Secured with SHA-256 Encryption#4 – State Farm: Best for High-Risk Drivers
Pros
Cons
#5 – Farmers: Best for First-Responder Discount
Pros
Cons
#6 – Nationwide: Best for SmartRide Program
Pros
Cons
Compare The Best Insurance Quotes In The Country
Secured with SHA-256 Encryption#7 – Travelers: Best for Unique Coverage
Pros
Cons
#8 – Liberty Mutual: Best for Quick Claims
Pros
Cons
#9 – American Family: Best for Loyalty Rewards
Pros
Cons
Compare The Best Insurance Quotes In The Country
Secured with SHA-256 Encryption#10 – Allstate: Best for Multi-Policies
Pros
Cons
Factors that Influence the cost of Hyundai Ioniq Electric car Insurance
Insurance Company Minimum Coverage Full Coverage
AAA $51 $130
Allstate $72 $165
American Family $69 $160
Erie $48 $125
Farmers $57 $140
Liberty Mutual $66 $155
Nationwide $60 $145
Progressive $45 $120
State Farm $54 $135
Travelers $63 $150
Vehicle-specific factors also affect insurance rates. The cost to repair or replace electric vehicles is typically higher, leading to increased premiums. Insurance companies also consider the car’s safety ratings and features; vehicles with higher crash test ratings and advanced safety features may qualify for lower insurance rates.
Additionally, discounts and incentives for hybrid or electric vehicles, memberships in certain organizations, or having a good academic record can further reduce insurance costs. You can also enter your ZIP code below into our free comparison tool to start comparing rates now.
Factors that make Hyundai Ioniq Electric Car Insurance more Expensive
When looking for affordable car insurance for your Hyundai Ioniq Electric, it’s essential to consider several key factors that can impact your premiums. Your driving history plays a significant role; a clean record typically leads to lower rates, whereas accidents or traffic violations can increase costs.
Location matters too, as areas with higher crime rates or heavy traffic tend to have higher insurance premiums. Choosing a higher deductible can lower your monthly payments, but it’s important to ensure you can cover that deductible if needed.
Tim Bain Licensed Insurance Agent
Moreover, the type and extent of coverage you choose also affect costs. Opting for comprehensive coverage with a low limit might seem cheaper initially, but it could leave you vulnerable in case of major incidents. Lastly, any modifications to your vehicle, whether for performance or appearance, should be disclosed to your insurer to accurately reflect your coverage needs.
By considering these factors and making informed decisions, you can strike the right balance between coverage and affordability for your Hyundai Ioniq Electric.
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Insurance Rates for Hyundai Ioniq Electric vs. Other Electric Cars
Insuring a Hyundai Ioniq Electric involves assessing unique factors compared to traditional vehicles, such as repair costs, parts availability, and overall value.
These elements significantly impact insurance premiums for the electric cars, alongside considerations like safety ratings and specialized insurance policies designed for electric vehicles.
By comparing insurance rates across different electric cars, including the Hyundai Ioniq Electric, you gain insights into its affordability and can select appropriate coverage options.
This research ensures that your vehicle is adequately protected on the road while meeting your budgetary needs effectively. Need the cheapest car insurance possible? Enter your ZIP code below into our free comparison tool to find the most affordable rates for your vehicle.
Tips for Finding Affordable Car Insurance for Hyundai Ioniq Electric
When looking for car insurance for your Hyundai Ioniq Electric, navigating through various options can help you find coverage that fits your needs and budget.
Here are steps to consider:
- Shop Around: Compare quotes from multiple insurance providers to find competitive rates.
- Ask About Discounts: Inquire about available discounts such as safe driver incentives, bundling policies, low mileage rewards, and persistency car insurance discounts.
- Consider Higher Deductibles: Opt for a higher deductible to potentially lower your premium, balancing savings with potential out-of-pocket costs.
By following these steps, you can effectively find more affordable car insurance tailored to your Hyundai Ioniq Electric, ensuring both adequate coverage and financial peace of mind.
Steps Before Buying Insurance for your Hyundai Ioniq Electric
When purchasing car insurance for your Hyundai Ioniq Electric, it’s essential to follow a structured approach to secure the right coverage at the best rates. Here’s a step-by-step guide to help you through the process, including finding the best insurance companies:
- Check Minimum Coverage Requirements: Begin by understanding the mandatory car insurance coverage required in your state or jurisdiction.
- Assess Your Needs and Budget: Evaluate your driving habits, parking situations, and consider additional coverage options such as comprehensive or roadside assistance based on your needs and budget.
- Get Multiple Quotes: Obtain quotes from several insurance providers to compare rates and available discounts. Consider checking rankings of the best insurance companies to help inform your decision.
- Review Policy Details: Thoroughly review the policy terms, including coverage specifics, exclusions, and any additional conditions that may apply.
- Choose Your Insurance Provider: Select the insurance company that offers the best balance of coverage, customer service, and affordability for your Hyundai Ioniq Electric.
- Initiate Coverage: Contact your chosen provider to finalize the insurance policy and ensure your vehicle is adequately protected.
Following these steps will guide you in purchasing car insurance for your Hyundai Ioniq Electric effectively. By comparing quotes, reviewing policies, and selecting a reputable insurance provider, you can confidently secure the coverage you need for peace of mind on the road.
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Summary: Affordable Hyundai Ioniq Electric car Insurance Options
The article outlines affordable car insurance options for the Hyundai Ioniq Electric, highlighting top providers like Progressive, Erie, and AAA offering rates starting at $45 per month. It emphasizes factors influencing insurance costs such as safety ratings, discounts for electric vehicles, and coverage options like comprehensive and collision coverage.
Readers are encouraged to compare quotes from multiple insurers to find the best coverage that meets their needs and budget, considering additional discounts for safe driving and policy bundling to potentially lower premiums.
Frequently Asked Questions
What factors affect the cost of Hyundai Ioniq Electric car insurance?
The cost of Hyundai Ioniq Electric car insurance can be influenced by various factors such as the driver’s age, location, driving history, coverage options chosen, deductible amount, and the insurance provider’s rates. Expand your understanding with our article called “How much does Hyundai IONIQ 5 car insurance cost?”
Is insurance more expensive for a Hyundai Ioniq Electric compared to other cars?
The cost of insurance for a Hyundai Ioniq Electric car is generally lower compared to many other cars. Electric vehicles often have lower insurance rates due to their advanced safety features, lower risk of theft, and lower repair costs. Ready to find cheaper car insurance coverage? Enter your ZIP code below to begin.
Does the Hyundai Ioniq Electric’s safety features impact insurance costs?
Yes, the Hyundai Ioniq Electric comes equipped with several safety features that can potentially help reduce insurance costs. These features may include advanced driver-assistance systems, collision avoidance systems, lane departure warning, adaptive cruise control, and more.
Are there insurance discounts for insuring a Hyundai Ioniq Electric?
Some insurance companies may offer discounts specifically for insuring a Hyundai Ioniq Electric car. These discounts can vary among providers, but it’s worth checking if any discounts are available for electric vehicles or for vehicles with advanced safety features. Deepen your understanding with our article called “The Electric Car: History, Quotes and Online Resources.”
Is it possible to get a quote for Hyundai Ioniq Electric car insurance online?
Yes, many insurance providers offer online quoting services that allow you to get a quote for Hyundai Ioniq Electric car insurance. By providing some basic information, you can receive an estimate of the insurance cost tailored
What is the cheapest Hyundai to insure?
The Hyundai Ioniq Electric is one of the most affordable Hyundai models to insure due to its advanced safety features and lower risk of theft.
Why is Hyundai discontinuing the IONIQ?
Hyundai is discontinuing the Ioniq to focus on its next-generation electric vehicles and new models that align with its future mobility goals. Find out more by reading our article titled “Electric Insurance Review & Ratings.”
How much is the Hyundai Ioniq EV?
The Hyundai Ioniq EV typically starts around $33,000, but prices can vary based on trim level and additional features.
Is the Hyundai Ioniq Electric fully electric?
Yes, the Hyundai Ioniq Electric is a fully electric vehicle with no internal combustion engine.
How much does it cost to fully charge a Hyundai Ioniq?
The cost to fully charge a Hyundai Ioniq Electric depends on local electricity rates, but it generally costs around $5 to $10. For additional insights, refer to our “The Electric Car: History, Quotes and Online Resources.”
Is Hyundai Ioniq EV a SUV?
No, the Hyundai Ioniq EV is a compact hatchback, not an SUV.
Is the Hyundai Ioniq worth buying?
Yes, the Hyundai Ioniq is worth buying for its efficiency, affordability, and advanced technology features.
How reliable is the Hyundai Ioniq?
The Hyundai Ioniq is known for its reliability, backed by positive reviews and a strong warranty from Hyundai. Delve into the specifics in our article called “Will my car insurance company pay for mold problems in my vehicle?”
”
Is the Hyundai IONIQ a good car?
Yes, the Hyundai Ioniq is considered a good car due to its fuel efficiency, low emissions, and comprehensive safety features.
How much is a Hyundai IONIQ electric?
A Hyundai Ioniq Electric typically starts around $33,000, depending on the model and features.
What is the cheapest electric car in Hyundai?
The Hyundai Ioniq Electric is one of the most affordable electric cars in Hyundai’s lineup. Enhance your knowledge by reading our “Can I bundle my The General Insurance car insurance with other policies?”
Is the Hyundai Ioniq manual or automatic?
The Hyundai Ioniq Electric comes with an automatic transmission.
Which Hyundai IONIQ model is best?
The best Hyundai Ioniq model depends on individual preferences, but the Limited trim often offers the most features and technology.
Where is the Hyundai IONIQ made?
The Hyundai Ioniq is manufactured in South Korea. Broaden your knowledge with our article named “State Auto Car Insurance Review & Ratings.”
Is Hyundai IONIQ electric or hybrid?
The Hyundai Ioniq is available in both electric and hybrid versions.
What is the most affordable Hyundai car?
The Hyundai Accent is typically the most affordable Hyundai car in terms of purchase price.
Which Hyundai car is the cheapest?
The Hyundai Accent is the cheapest Hyundai car available. Uncover more by delving into our article entitled “Will having an expired drivers license affect your car insurance?”
What’s the cheapest Hyundai to buy?
The Hyundai Accent is the cheapest Hyundai to buy.
Why are Hyundai’s uninsurable?
Hyundai cars are generally not uninsurable. However, high-performance models or those with a high theft rate might face higher premiums. Explore further with our article entitled “State Auto Car Insurance Review & Ratings.”
Is Hyundai cheap quality?
No, Hyundai vehicles are known for their quality, reliability, and advanced technology features.
What is Hyundai’s best model?
Hyundai’s best model varies based on customer needs, but the Hyundai Palisade and Hyundai Sonata are often highly rated. Comparing quotes is the easiest way to find affordable car insurance. Simply enter your ZIP code below into our free comparison tool to see rates in your area.
What are the disadvantages of Hyundai cars?
Some disadvantages of Hyundai cars may include lower resale values compared to some competitors and the perception of lower status compared to luxury brands. Gain insights by reading our article titled “What should be done with old car insurance cards?“
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
