HYUNDAI IONIQ 5 2023
Sinarith from Montréal
$2584 /year
Premium computed in November 2025
The 2023 Hyundai IONIQ 5 is an EV crossover that redefines electric aesthetics with its retro-futuristic design inspired by the original Pony. Offering impressive range, ultra-fast charging, and a spacious interior thanks to its dedicated E-GMP platform, it stands out with advanced technologies and a modular cabin. Its bidirectional charging system even allows powering external devices, making this model a forward-thinking choice for eco-conscious drivers.
Insurance premiums for the Hyundai IONIQ 5 have seen a steady increase, rising from $1436 in 2022 to a projected $1954 in 2025. This 36% increase over four years likely reflects the vehicle's growing value, EV-specific repair costs, and the model's technological sophistication.
To find the best insurance for your HYUNDAI IONIQ 5 2023 vehicle, it is more important than ever to compare the available options.
Insurance premiums for the 2023 IONIQ 5 vary significantly by region, with Montreal showing the highest costs at $2524, followed by Laval at $2079. In contrast, Lévis offers the most affordable premiums at $1285, closely followed by Sherbrooke at $1311. This regional disparity of nearly 100% between extremes highlights the importance of location in determining insurance costs.
To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.
| City | Average price over the last 12 months |
|---|---|
| DRUMMONDVILLE | $1958.47 |
| GATINEAU | $1815.81 |
| LAVAL | $2079.29 |
| LÉVIS | $1263.06 |
| LONGUEUIL | $1435.48 |
| MONTRÉAL | $2560.53 |
| QUÉBEC | $1706.04 |
| SAINT-JEAN-SUR-RICHELIEU | $1646.32 |
| SAINT-JÉRÔME | $1579.12 |
| SHERBROOKE | $1677.51 |
| TERREBONNE | $1370.96 |
To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :
Disclaimer: This article is intended for information purposes, with the sole objective of providing food for thought. Under no circumstances should it be construed as advice regarding insurance solutions. Only a duly certified insurance professional is qualified to analyze your personal situation, discuss your needs with you and advise you on insurance solutions.
