Hyundai Ioniq 5 Insurance in New Mexico (2026)
Quick Answer
Full coverage for a 2024 Hyundai Ioniq 5 in New Mexico costs $198/month ($2,374/year). Safety rating: 5/5. Theft risk: low.
✓ Updated March 2026✓ Based on state insurance filings
Hyundai Ioniq 5 Rates by Company in New Mexico
| Company | Monthly | Annual | Best For |
|---|---|---|---|
| CheapestUSAA | $146/mo | $1,757/yr | Military families |
| Erie Insurance | $156/mo | $1,875/yr | Rate lock guarantee |
| GEICO | $162/mo | $1,947/yr | Clean driving record |
| Progressive | $174/mo | $2,089/yr | Telematics savings |
| State Farm | $180/mo | $2,160/yr | Good students |
| Travelers | $188/mo | $2,255/yr | Multiple discounts |
| Nationwide | $206/mo | $2,469/yr | Bundling home + auto |
| Farmers | $214/mo | $2,564/yr | Signal telematics |
| Allstate | $222/mo | $2,659/yr | Accident forgiveness |
| Liberty Mutual | $233/mo | $2,801/yr | New car replacement |
USAACheapest
Monthly
$146/mo
Annual
$1,757/yr
Best for: Military families
Erie Insurance
Monthly
$156/mo
Annual
$1,875/yr
Best for: Rate lock guarantee
GEICO
Monthly
$162/mo
Annual
$1,947/yr
Best for: Clean driving record
Progressive
Monthly
$174/mo
Annual
$2,089/yr
Best for: Telematics savings
State Farm
Monthly
$180/mo
Annual
$2,160/yr
Best for: Good students
Travelers
Monthly
$188/mo
Annual
$2,255/yr
Best for: Multiple discounts
Nationwide
Monthly
$206/mo
Annual
$2,469/yr
Best for: Bundling home + auto
Farmers
Monthly
$214/mo
Annual
$2,564/yr
Best for: Signal telematics
Allstate
Monthly
$222/mo
Annual
$2,659/yr
Best for: Accident forgiveness
Liberty Mutual
Monthly
$233/mo
Annual
$2,801/yr
Best for: New car replacement
These are estimates based on state averages. Your exact rate depends on your specific profile.
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Hyundai Ioniq 5 Insurance by Age in New Mexico
| Age | Monthly | Annual |
|---|---|---|
| 16 years old | $590/mo | $7,082/yr |
| 19 years old | $357/mo | $4,283/yr |
| 21 years old | $284/mo | $3,411/yr |
| 25 years old | $187/mo | $2,243/yr |
| 30 years old | $155/mo | $1,854/yr |
| 40 years old | $145/mo | $1,743/yr |
| 50 years old | $141/mo | $1,687/yr |
| 65 years old | $153/mo | $1,835/yr |