Trying to find lower auto insurance rates for your Hyundai Sonata? Did you come to the realization that you have overpriced auto insurance? You’re in good company because you are not the only one feeling buyer’s remorse. Big-name insurance companies like State Farm, Farmers Insurance, Geico and Allstate all claim big savings with catchy ads and it can be hard to see past the corporate glitz and find the best price available.
If you have a current insurance coverage policy or need a new policy, you can use these tips to cut your premiums while maintaining coverages. Choosing the best insurance company for you is not rocket science. Consumers only need to know the most efficient way to shop their coverage around online.
Some insurers do not advertise every discount they offer very well, so the next list breaks down a few of the more well known and the more hidden discounts that may be available. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.
One thing to note about discounts is that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like you could get a free car insurance policy, companies wouldn’t make money that way. Any amount of discount will help lower your overall premium however.
Large car insurance companies and a selection of discounts are outlined below.
Check with every prospective company which discounts they offer. Discounts may not be offered in your area. If you would like to choose from a list of insurers with the best car insurance discounts, click here to view.
There are a variety of methods to compare auto insurance prices but some are more efficient than others. You can waste hours driving to local insurance agents in your area, or you could save time and use the internet to quickly compare rates.
The majority of car insurance companies participate in a marketplace that enables customers to submit their information once, and each company then returns a price quote based on that data. This eliminates the need for quotation requests for every auto insurance company.
To submit your quote information now, click here to open in new window.
The only drawback to doing it this way is that consumers can’t choose which companies to receive prices from. So if you prefer to choose specific providers to compare prices, we put together a list of the cheapest auto insurance companies in your area. Click to view list.
However you get your quotes, make sure you are using identical coverages and limits with each company. If each company quotes higher or lower deductibles it will be nearly impossible to determine the best price for your Hyundai Sonata.
Lots of things are part of the calculation when you get your auto insurance bill. Most are fairly basic like an MVR report, although some other factors are more transparent like your vehicle usage or how financially stable you are.
The items below are just a few of the factors utilized by car insurance companies to help set rates.
When buying the best insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight whether you would benefit from professional advice.
If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.
Learning about specific coverages of your insurance policy can help you determine the right coverages for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find the usual coverages found on the average insurance policy.
Comprehensive insurance – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things like damage from getting keyed, a tree branch falling on your vehicle, hail damage and hitting a bird. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Coverage for medical expenses – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for dental work, pain medications, X-ray expenses, EMT expenses and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Liability auto insurance – Liability coverage protects you from injuries or damage you cause to other’s property or people. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which stand for 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. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.
Liability can pay for claims such as repair bills for other people’s vehicles, legal defense fees and medical services. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.
Coverage for uninsured or underinsured drivers – This provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1996 Hyundai Sonata.
Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Collision – Collision insurance pays for damage to your Sonata resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like crashing into a ditch, rolling your car and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.
When buying insurance coverage, don’t be tempted to buy less coverage just to save a little money. There have been many cases where someone sacrificed collision coverage only to regret at claim time they didn’t have enough coverage. The aim is to find the BEST coverage for the lowest price but still have enough coverage for asset protection.
Cheaper 1996 Hyundai Sonata insurance is definitely available both online and with local insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies may not have the ability to get quotes online and usually these small insurance companies only sell coverage through independent agents.
Hedwig Reese
Here’s what I found out. Lifelong resident of Nampa, Idaho. Got free quotes online for a 1996 Hyundai Sonata. Ended up at about $120 savings annually. Went with Allstate. Insured with Erie before. I only have liability coverage on it.
Sandi Hendrix
I found affordable 1996 Hyundai Sonata insurance from 21st Century in Minneapolis, Minnesota.
Prince Henry
Good detail in your article. I live in Juneau, Alaska. Not sure of all the companies but I ended up saving about $20 each month. Not sure about claim service.
June Foreman
Well-written and thought out article. From a town just southwest of Lexington, Kentucky. Can’t remember who all I quoted but I ended up saving about $20 each month. I have a couple other vehicles on the policy.
Gayle Sawyer
Any Progressive or Esurance customers near Great Falls, Montana?
Lindsy Stanton
I live in a small town just outside of Worcester, MA. Received quotes from American Family, Erie, and MetLife for my Hyundai and saved around $100 a year. BTW speeding tickets are not good. Hardly afford to drive anymore. I only have liability coverage on it.
Kellye Hyde
Good site, thanks. I’m in the suburbs of Allentown, PA. Compared quite a few companies. Saved about $20 a month. 21st Century was the most affordable for me. I get multi-vehicle and multi-policy discounts. I don’t insure for physical damage though.
Octavio Donaldson
If you have a good history and live near Louisville, Kentucky, check out State Farm. I saved quite a bit. God forbid I actually have a claim.
Adelle Jacobson
It’s all a rip off. Proud to be from Fort Wayne, IN. Received rates from American Family, MetLife, and a few others for my Hyundai and saved just over $100 a year. Insured with Safeco before. My new agent seems to be really good. You can get a rate quote online.