Trying to come up with a payment for high-priced auto insurance can sap your monthly budget and force you to tighten up your finances. Doing a price comparison is a fast and free way to cut your insurance bill.
Many insurers compete to insure your vehicles, and because of this it can be hard to compare insurance companies and get the definite lowest cost out there.
You should take the time to do rate comparisons yearly since insurance prices are adjusted regularly by insurance companies. If you had the best price on Elantra insurance a year ago there may be better deals available now. Forget anything you know (or think you know) about auto insurance because I’m going to teach you the only way to save money, get proper coverage and the best rates.
When looking for cheaper car insurance quotes, there are a couple ways to get quotes from many car insurance companies in your state. The best method to lower the rate you pay for 1997 Hyundai Elantra insurance is simply to get online rate quotes. This can be done in just a few minutes using one of these methods.
Whichever way you choose to compare rates, do your best to use nearly identical coverages and limits with every price quote. If you enter different values for each quote it’s impossible to decipher which rate is best. Having just a slight variation in insurance coverages could skew the results. And when comparing car insurance rates, know that having more price comparisons helps you find a lower rate than you’re paying now. Not every company does online price quotes, so you should also compare price quotes from those companies as well.
Car insurance companies don’t always publicize all available discounts very well, so the list below contains a few of the more well known as well as the least known ways to save on insurance.
Discounts reduce rates, but you should keep in mind that most credits do not apply to all coverage premiums. Most only reduce specific coverage prices like liability, collision or medical payments. Despite the fact that it seems like you would end up receiving a 100% discount, that’s just not realistic.
A list of companies and a partial list of their discounts can be read below.
When getting a coverage quote, ask every insurance company which discounts they offer. Some discounts listed above might not be offered on policies in your area. To locate companies that offer many of these discounts, click here.
When buying adequate coverage for your vehicles, there really is not a perfect coverage plan. Every situation is different so your insurance needs to address that. These are some specific questions can help discover if you might need an agent’s assistance.
If it’s difficult to answer those questions, 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
A large part of saving on insurance coverage is knowing the different types of things that help determine the price you pay for insurance coverage. If you have some idea of what determines base rates, this helps enable you to make changes that could result in big savings.
The itemized list below are some of the major factors used by your company to calculate your rate level.
Knowing the specifics of your policy can help you determine the right coverages for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages offered by car insurance companies.
Collision coverage – Collision insurance covers damage to your Elantra caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like sustaining damage from a pot hole, hitting a parking meter and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.
Comprehensive auto coverage – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like damage from a tornado or hurricane, rock chips in glass and hail damage. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Liability insurance – This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability insurance covers claims such as pain and suffering, repair bills for other people’s vehicles, attorney fees, medical services and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.
Medical payments and PIP coverage – Med pay and PIP coverage kick in for short-term medical expenses for rehabilitation expenses, chiropractic care, prosthetic devices and hospital visits. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Hyundai Elantra.
Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Low-cost 1997 Hyundai Elantra insurance can be purchased from both online companies as well as from independent agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies don’t offer online price quotes and most of the time these regional insurance providers only sell coverage through independent insurance agencies.
We’ve covered quite a bit of information on how to compare 1997 Hyundai Elantra insurance premium rates online. It’s most important to understand that the more providers you compare, the higher the chance of saving money. You may even discover the most savings is with a company that doesn’t do a lot of advertising. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm and Allstate.
Marie Rutledge
I live just outside Provo, UT. Got prices from Mercury, Encompass, State Farm, and Auto-Owners for my 1997 Hyundai Elantra and saved just over $80 a year. They have a lot of discounts available. My Elantra doesn’t have full coverage.
Deeann English
Cheap is not always the best policy. I’m in the suburbs of Allentown, PA. Quoted with MetLife, Esurance, State Farm, and American Family for my Elantra and saved $91 a year. I have several vehicles insured with them.
Lan Washington
I’m from Miami, FL. Went online for free insurance quotes for a 1997 Hyundai Elantra. Ended up at about $70 savings annually. Went with GEICO. Did it all online.
Toshiko Brooks
If you don’t have tickets and live near Rochester, Minnesota, check out GEICO. I saved quite a bit. I just quoted rates online.
Sunshine Davis
What is Underinsured Motorist coverage?
Marnie Dixon
I live just to the west of New York City, NY. Compared quite a few companies. Saved roughly $10 a month. Progressive was the cheapest for me.
Celsa Lara
From northwest of Reno, NV. Received quotes with GEICO, Hartford, and Farmers for my Hyundai and saved just over $80 a year. Insured with Eastwood before. Got better coverage too. Still almost need a second mortgage. I don’t put full coverage on it.
Melissa Buckner
If you have a good history and live around Davenport, Iowa, check out Allstate. They seem to be cheaper. They have a lot of discounts available. Can still barely afford it.
Kecia Estrada
I’m from Rutland, VT. I don’t recall every quote but I ended up saving about $20 each month. Was with State Farm.
Taren Wheeler
I live in a small town just outside of Tacoma, Washington. Got car insurance prices from Allstate, The General, and Eastwood for my Elantra and I think I am saving around $20 each month. I got a quote from their website.
Toney Shields
I think I’m paying too much. Lifelong resident of Columbus, GA. Got rates from Nationwide, Encompass, GEICO, and Auto-Owners for my Elantra and saved around $80 a year. Left Farmers to switch. My new agent seems to be really good. :)
Minerva Gregory
Will 21st Century do a SR22 in Pennsylvania?
Classie Alston
I think I’m paying too much. Live in the eastern part of New Haven, CT. Not sure of all the companies but I ended up saving about $30 each month. My new agent seems to be really good.
Leonora Mcguire
21st Century is pretty cheap in North Carolina! :)
Necole Ayers
I got decent rates for a 1997 Hyundai Elantra in Concord, New Hampshire. Ended up at darn near $80 every six months with Auto-Owners. Have an at-fault accident tho. I’m thinking about dropping full coverage though.