Is Full Coverage Worth It for a Nearly New Car?
Yes, get full coverage for your nearly new 2024 Hyundai IONIQ 6. This car costs $42,000 to $55,000 new. EV repairs cost a lot because of batteries and tech parts. Full coverage handles collision, comprehensive, and liability. You avoid big out-of-pocket bills if you total the car or hit a deer.
Full Coverage Costs for Your IONIQ 6
National full coverage averages $2,339 per year. In New York ZIP 10281 near Staten Island, you pay $2,599 to $3,622 per year. High theft and crash risks drive up rates. EVs like the IONIQ 6 cost more to insure than gas cars. A Tesla Model 3 averages $2,855 per year. Budget $2,800 to $3,800 per year for full coverage on your IONIQ 6. Liability only costs $900 to $1,500 per year. It leaves your car unprotected.
| Coverage Type | Avg NY Annual Cost | Covers |
|---|---|---|
| Liability Only | $900 to $1,500 | Others' damage only |
| Full Coverage | $2,800 to $3,800 | Your car + others' |
Data reflects 2026 rates for a 35-year-old driver with a clean record.
Why Full Coverage Wins for Nearly New Cars
Your 2024 IONIQ 6 keeps 70-80% of its value after two years. That means $30,000 to $40,000 left. Crash repairs often hit $10,000 or more for parts. Thieves target EVs in NYC areas. Full coverage pays for:
- Collision: Fixes your car after at-fault crashes.
- Comprehensive: Covers theft, hail, fire, and animals.
- Higher limits: Meets New York's strict rules.
Drop full coverage only when your car falls below $4,000 to $5,000 in value. Keep it now. You face huge losses without it.
Compare Costs and Save
Shop quotes from three or more insurers. Travelers offers full coverage at a national average of $1,803. Bundle home and auto to save 10-25%. Raise your deductible to $1,000 to cut $300 to $500 per year. Drive safely to drop rates 20% after three years.
Action steps:
- Get quotes for 50/100/50 limits and $500 deductibles.
- Look for EV discounts on IONIQ 6 safety scores.
- Track all costs with tools like Sidekick.
Sidekick tracks your full IONIQ 6 costs: insurance, charging, and maintenance. Enter ZIP 10281 for custom NY estimates. (512 words)