How much is insurance on a Hyundai Ioniq 6?

Priced for the 2024 Ioniq 6 Standard Range RWD, the newest year covered by HLDI's loss data (2022–24 models), for a 45-year-old driver with a clean record and full coverage. HLDI's results combine drivers of all ages. We apply them to one example driver (a 45-year-old with a clean record) so pages are comparable; they aren't specific to 45-year-olds. Each state raises or lowers every car's price by the same percentage, so the Ioniq 6's rank is the same in every state.

Why the Hyundai Ioniq 6 costs what it does

What HLDI reports (2022–24 models, all drivers combined)

The Highway Loss Data Institute (HLDI) compares each model's insurance losses with an average car's. For the Hyundai IONIQ 6 electric 4dr, on HLDI's scale where 100 is an average car and lower is better, it reports 134 for crash repairs, 78 for non-crash damage, and 91 for damage to others' property.

• Crash repairs (collision)fixing this car after a crashWorse than average34% worse than average6th best of the 9 midsize four-door cars we compare
• Non-crash damage (comprehensive)theft, weather, fire, vandalism, glass, and animal strikesBetter than average22% better than averagebest of the 9 midsize four-door cars we compare
• Damage to others' property (property damage liability)other people's cars and property, when this car's driver is at faultAverage9% better than average2nd best of the 9 midsize four-door cars we compare
• Injuries to others (bodily injury liability)how often injury claims are filed against this car's drivers, not how much they costInsufficient dataNo result from HLDI for this model

HLDI doesn't publish a result for injuries to others on this model, so it's marked “Insufficient data”.

Source: HLDI, insurance losses by make and model, 2022–24 models.

What we estimate that means for price

Prices move less than loss results do: a car's loss record is only one of many things insurers weigh, and each weighs it differently. So we count only part of HLDI's difference. Combining crash repairs and non-crash damage (weighted about 71% and 29%, the share each makes up of industry claim costs), the Ioniq 6 comes out about 18% worse than average. We count about a third of that difference, so the part of the bill that fixes the car is about 6% more than average: about $1,010 a year vs $950. On the liability side, HLDI publishes damage to others' property but not injury claims for the Ioniq 6, so we go by that one result: about 9% better than average. We count about half, so that part is about 5% less: $950 a year vs $990.

How the math works

The Hyundai Ioniq 6 is an electric midsize car that HLDI benchmarks among midsize four-door cars; on electric models like the Ioniq 6, battery pack and sensor repair costs shape collision losses alongside low injury-claim frequency.

• Expensive and electric cars can cost more or less to insure than their repair records suggest.
• This car's repair losses run a bit above the cars we could check against real prices, so the range reaches higher.

Matched to HLDI series “Hyundai IONIQ 6 electric 4dr” (HLDI, 2022–24 models).

All 5 versions of the 2024 Hyundai Ioniq 6 in our catalog (Ioniq 6 Long range AWD (18 inch Wheels), Ioniq 6 Long range AWD (20 inch Wheels), Ioniq 6 Long range RWD (18 inch Wheels), Ioniq 6 Long range RWD (20 inch Wheels) and Ioniq 6 Standard Range RWD) price within about $50 a year of each other.

On a policy of their own with a 2024 Hyundai Ioniq 6, a 22–25-year-old pays about $2,540 a year ($590 more than a 45-year-old), a 26–39-year-old about $2,170, and a driver 65 and older about $2,050.

Adding a 16-year-old with a Hyundai Ioniq 6

Adding a new 16-year-old who drives the Hyundai Ioniq 6 raises the family bill by about $1,290 a year ($110 a month), about the same as adding a teen with an average car of the same age. A separate policy for the 16-year-old runs about $5,610 a year, so keeping them on the family policy saves about $4,320 a year.

For adding a teen driver, the Hyundai Ioniq 6 ranks 50th most expensive out of all 121 models we track.

That increase is how much the family bill goes up with a new 16-year-old driving this car. Cheapest cars to insure for a teen.

Similar midsize four-door cars

Among these 9 midsize four-door cars, the Hyundai Ioniq 6 is the 2nd least expensive to insure. Right next to it are the Subaru Legacy (about $1,780 a year) and the Volkswagen Jetta (about $2,070).

• 2024 Subaru Legacyabout $1,780 ($180 less)
• 2024 Hyundai Ioniq 6about $1,950 (this car)
• 2024 Volkswagen Jettaabout $2,070 ($110 more)
• 2024 Honda Accordabout $2,070 ($110 more)
• 2024 Toyota Camryabout $2,090 ($130 more)
• 2024 Hyundai Sonataabout $2,160 ($210 more)

Photos from Wikimedia Commons contributors. Photo credits.

What a Hyundai Ioniq 6 costs in your state

In six sample states, a 2024 Hyundai Ioniq 6 runs from about $1,300 a year in Vermont through Indiana, Kentucky, Alabama and South Carolina to about $2,570 in New York:

• Vermontabout $1,300/yr · +$860 teen
• Indianaabout $1,400/yr · +$930 teen
• Kentuckyabout $1,640/yr · +$1,080 teen
• Alabamaabout $1,720/yr · +$1,140 teen
• South Carolinaabout $2,060/yr · +$1,360 teen
• New Yorkabout $2,570/yr · +$1,700 teen

All 50 states and DC · Updated November 5, 2026.

Both start from your own situation if you've set one. For crash safety, see IIHS and NHTSA ratings.

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