Cheaper 1994 Hyundai Elantra Insurance Quotes

Are you burned out from robbing Peter to pay Paul to buy insurance coverage? You are in the same boat as millions of other vehicle owners. Insurance companies such as State Farm and Geico constantly bombard you with catchy ads and consumers find it hard to see past the corporate glitz and take the time to shop coverage around.

It’s a great practice to shop coverage around on a regular basis because insurance coverage prices fluctuate regularly. If you had the best deal on Elantra coverage at your last renewal a different company probably has better premium rates today. Block out anything you think you know about insurance coverage because we’re going to show you the proper way to remove unneeded coverages and save money.

Lower rates by qualifying for discounts

Companies that sell car insurance don’t list the complete list of policy discounts very clearly, so the following is a list of both well-publicized and also the lesser-known insurance savings.

• Sign Online – Many insurance companies may give you up to $50 for buying your policy on your computer.
• Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10% off your car insurance quote.
• Buy New and Save – Putting insurance coverage on a new car may earn a small discount because new model year vehicles are generally safer.
• Life Insurance – Select insurance carriers reward you with a break if you buy a life insurance policy as well.
• Defensive Driver Discounts – Completing a driver safety class is a good idea and can lower rates and easily recoup the cost of the course.
• Good Student Discount – Getting good grades can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
• Discounts for Multiple Vehicles – Buying a policy with more than one vehicle with one company can reduce the rates for all insured vehicles.
• Anti-lock Brake Discount – Cars and trucks with anti-lock braking systems are safer to drive so companies give up to a 10% discount.

While discounts sound great, it’s important to understand that most discount credits are not given to the overall cost of the policy. Some only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like you can get free auto insurance, it just doesn’t work that way.

Companies and a selection of discounts can be read below.

• State Farm may offer discounts for anti-theft, Drive Safe & Save, accident-free, driver’s education, multiple policy, student away at school, and defensive driving training.
• Geico discounts include seat belt use, five-year accident-free, membership and employees, driver training, and air bags.
• Allstate offers premium reductions for utility vehicle, senior citizen, anti-theft, EZ pay plan discount, good payer, and safe driver.
• SAFECO may include discounts for accident prevention training, anti-theft, multi-car, safe driver, drive less, teen safety rewards, and anti-lock brakes.
• Farm Bureau offers discounts including renewal discount, youthful driver, multi-vehicle, safe driver, good student, and 55 and retired.
• Progressive has savings for online quote discount, good student, multi-vehicle, homeowner, and online signing.
• AAA has discounts for multi-policy, good student, anti-theft, education and occupation, AAA membership discount, pay-in-full, and multi-car.

Before buying, ask every insurance company how you can save money. All car insurance discounts may not apply in every state. If you would like to choose from a list of providers that offer discounts, click here.

Get Hyundai Elantra insurance at a discount

Many factors are used when you quote your car insurance policy. Some are pretty understandable like an MVR report, but other factors are not quite as obvious such as whether you are married or your vehicle rating.It’s important that you understand a few of the rating criteria that are used to determine your premiums. If you have some idea of what influences your rates, this empowers consumers to make smart changes that can earn you much lower annual insurance costs.

• Raising comp and collision deductibles lowers costs – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Hyundai. Some examples of claims that would be covered would be colliding with a building, damage caused by hail, or theft. Physical damage deductibles define the amount you are willing to pay before your auto insurance pays a claim. The higher the amount the insured has to pay upfront, the lower your rates will be on Elantra coverage.
• Younger drivers pay high rates – Older, more experienced drivers have been proven to be more responsible, statistically cause fewer accidents .Young drivers are known to be inattentive and easily distracted when driving so they pay higher auto insurance rates.
• Your spouse saves you money – Having a wife or husband can get you a discount on your policy. Having a significant other demonstrates that you tend to be more mature than a single person and statistics prove married drivers tend to file fewer claims.
• Women tend to cost less – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. This data doesn’t prove that men are WORSE drivers than women. Both genders get in accidents in similar numbers, but the male of the species tend to have higher claims. In addition to higher claims, males also receive more costly citations like DUI and reckless driving. Teenage male drivers are most likely to cause an accident so it costs more to insure them.
• Rates impacted by your city – Residing in small towns and rural areas has it’s advantages when trying to find low car insurance rates. People in densly populated areas tend to have congested traffic and a longer drive to work. Fewer drivers on the road means reduced accidents in addition to fewer liability claims.

Insurance is unique, just like you

When buying coverage, there really is not a best way to insure your cars. Each situation is unique so your insurance needs to address that. For instance, these questions could help you determine if you might need professional guidance.

• How can I get my company to pay me more for my totalled car?
• Do I have coverage for damage caused while driving under the influence?
• What is high-risk coverage and where do I buy it?
• Who is covered by my policy?
• How high should my medical payments coverage be?
• Am I covered if my car is in a flood?
• I have a DUI can I still get coverage?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• What if I owe more than I can insure my car for?
• Do all my vehicles need collision coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Will you really save $451 on insurance?

Consumers can’t get away from ads for insurance savings from companies such as State Farm, Geico and Progressive. All the ads advertise the message that drivers can save some big amount just by moving your policy.

How does every insurance company lower your prices? It’s all in how they say it.

Different companies have specific characteristics for the type of customer that is profitable for them. One example of a desirable risk may be between the ages of 30 and 50, has never had a policy lapse, and drives less than 7,500 miles a year. A driver that meets those criteria will qualify for the lowest premium rates and will also save some money.

Consumers who are not a match for these stringent criteria will get higher prices which results in the customer not purchasing. The ad wording is “customers that switch” but not “everyone who gets a quote” save money. That is how insurance companies can advertise the way they do.

This illustrates why it is so important to do a quote comparison often. It is impossible to predict which company will provide you with the cheapest prices.

Coverages available on your car insurance policy

Understanding the coverages of a car insurance policy helps when choosing the best coverages for your vehicles. Car insurance terms can be confusing and nobody wants to actually read their policy. These are typical coverages offered by car insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like fire damage, hail damage, damage from a tornado or hurricane and hitting a deer. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto collision coverage

This coverage will pay to fix damage to your Elantra caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as damaging your car on a curb, backing into a parked car and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for bills for surgery, funeral costs, rehabilitation expenses and X-ray expenses. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Auto liability insurance

This provides protection from damage or injury you incur to a person or their property by causing an accident. It protects you against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as medical expenses, repair costs for stationary objects and funeral expenses. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your 1994 Hyundai Elantra.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Normally these coverages are similar to your liability insurance amounts.

Cheaper insurance is a realistic goal

Cost effective 1994 Hyundai Elantra insurance can be found both online and from local agencies, and you should compare price quotes from both so you have a total pricing picture. Some insurance companies may not provide online price quotes and these small, regional companies sell through independent agents.

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. In many instances, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that the small savings ended up costing them much more. The aim is to purchase a proper amount of coverage for the lowest price but still have enough coverage for asset protection.

In this article, we covered many ideas to lower your 1994 Hyundai Elantra insurance rates. The key thing to remember is the more you quote car insurance, the higher the chance of saving money. You may even discover the lowest priced auto insurance comes from a small mutual company. Smaller companies can often provide lower car insurance rates in certain areas compared to the large companies like Allstate and Progressive.

To learn more, take a look at the resources below:

• Anti-Lock Brake FAQ (iihs.org)
• Red Light Cameras (State Farm)
• Auto Insurance FAQ (Farmers Insurance)
• Airbag FAQ (iihs.org)
• Auto Theft Statistics (Insurance Information Insitute)