2003 Hyundai Accent Insurance Cost

Want lower car insurance rates for your Hyundai Accent? Baffled by the sheer number of car insurance providers that you can choose from? There are so many choices that it can really be a challenge to find a cheaper company.

Why informed consumers pay less for Hyundai Accent insurance

Multiple criteria are taken into consideration when pricing auto insurance. Some factors are common sense such as traffic violations, but others are more transparent like where you live or your vehicle rating.

• Better prices with anti-theft devices – Purchasing a vehicle with anti-theft technology or alarm system can help bring down rates. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
• Don’t buy incidental coverages you don’t need – There are many extra bells and whistles that you can get tricked into buying if you don’t pay attention. Things like roadside assistance, towing coverage, and extra life insurance coverage could be just wasting money. The coverages may be enticing when discussing your needs, but now you might not need them so remove them from your policy.
• Always keep your policy in force – Letting your insurance expire can be a fast way to trigger a rate increase. Not only will you pay higher rates, not being able to provide proof of insurance may earn you a steep fine or even jail time.
• Cheaper prices with safer cars – Vehicles with high crash test scores cost less to insure. Highly rated vehicles have better occupant injury protection and any reduction in injury severity means your insurance company pays less passed on to you as lower rates.
• Raise physical damage deductibles and save – Insurance for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your Hyundai. Examples of some claims that would be covered are a broken windshield, hail damage, and burglary. Comp and collision deductibles are how much you are willing to pay if you file a covered claim. The more damage repair cost you’re willing to pay, the better rate you will receive on Accent coverage.
• Teenagers are high risk – Older people have been proven to be more responsible, cause fewer claims and accidents and receive fewer citations.Drivers with little experience are proven to be inattentive and easily distracted behind the wheel so they pay higher insurance rates.
• Small claims can cost you – If you tend to file frequent claims, you can look forward to higher rates. Car insurance companies award better rates to people who do not rely on their insurance for small claims. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.

Low cost insurance coverage price quotes

The are a couple different ways of comparing rates from different companies. The quickest method to compare rates involves getting comparison quotes online. This is very easy and can be done by using one of the methods below.

1. Probably the best way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This style of form eliminates the need for repetitive form submissions to each individual insurance coverage company. In just a few minutes this one form will return quotes instantly. It’s definitely the quickest method.
2. Another way to obtain and compare quotes online is going to each company’s website and get a separate price quote. For examples sake, we’ll pretend you want to view quotes from Geico, Allstate and State Farm. To get each rate you have to spend time going to each site individually and repeatedly type in your coverage information, which can get rather old.

   For a list of companies in your area, click here.

3. The most difficult method to find and compare rates is to drive around to each insurance agency near you. The ability to quote online reduces the need to sit down with an agent unless you have a need for the extra assistance of a local agency. However, consumers can price shop online and get advice from an agent in your area.

Which method you use is up to you, but ensure you’re using identical coverages and limits for every quote you compare. If you enter different limits and deductibles on each one it will be impossible to truly determine the lowest rate. Even a minor difference in insurance coverages can make a big difference in price. Just remember that quoting more provides better odds of finding more affordable rates. Some regional insurers cannot provide prices over the internet, so it’s recommended that you also compare quotes from them, too.

Save 15 percent in 15 minutes? Is it for real?

Big name companies like State Farm and Allstate consistently run ads in print and on television. They all advertise the message that you’ll save big if you change your insurance policy to them. How do they all give you a better price?

All companies have a certain “appetite” for the right customer that will be a good risk. A good example of this type of risk profile might have to be between the ages of 30 and 45, has a low-risk occupation, and the vehicle is rated for pleasure use. Any customer who matches those parameters will probably get the lowest premium rates and as a result will probably save some money.

Drivers who do not meet this ideal profile will have to pay higher premium rates with the end result being the driver buying from a lower-cost company. The ad wording is “people that switch” not “everybody who quotes” can get the lowest rates when switching. This is how insurance companies can state the savings. This really illustrates why it’s extremely important to get auto insurance quotes as often as possible. It is impossible to guess which insurance companies will give you lower rates than your current company.

Insurance Discounts

Insurance can be prohibitively expensive, but you may find discounts that many consumers don’t even know exist. Most are applied when you purchase, but some need to be asked for before being credited.

• Active Military Service – Having a family member in the military could trigger a small discount.
• Life Insurance – Companies who offer life insurance give a discounted price on car insurance if you buy auto and life insurance together.
• Good Student – A discount for being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
• Switch and Save Discount – Some larger companies provide a discount for buying a new policy prior to your current policy expiration. You can save around 10% with this discount.
• Seat Belts Save – Requiring all passengers to buckle up before driving can save a little off the PIP or medical payment premium.

It’s important to note that most of the big mark downs will not be given to the entire cost. Some only reduce individual premiums such as collision or personal injury protection. Even though it appears it’s possible to get free car insurance, companies wouldn’t make money that way.

A partial list of companies that may include most of the discounts above possibly include:

• State Farm
• Geico
• Progressive
• 21st Century
• American Family
• The Hartford
• AAA

If you want the cheapest auto insurance quotes, ask every insurance company which credits you are entitled to. Some credits may not apply to policyholders in every state.

Tailor your insurance coverage coverage to you

When buying coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different.

For example, these questions may help highlight if you would benefit from an agent’s advice.

• Why am I required to get a high-risk car insurance policy?
• Is my Hyundai Accent covered if I use it for business?
• Can I afford low physical damage deductibles?
• What are the financial responsibility laws in my state?
• Is my babysitter covered when using my vehicle?
• Am I covered if my car is in a flood?
• Should I have combined single limit or split liability limits?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form.

Educate yourself about insurance coverages

Understanding the coverages of a insurance policy helps when choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Auto liability

This protects you from damage that occurs to other’s property or people that is your fault. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like bail bonds, medical expenses, structural damage, loss of income and attorney fees. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Uninsured or underinsured coverage

This gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as damage to your Hyundai Accent.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Collision protection

Collision insurance pays for damage to your Accent resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a parking meter, damaging your car on a curb, sideswiping another vehicle, colliding with a tree and scraping a guard rail. This coverage can be expensive, so consider removing coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for bills for X-ray expenses, ambulance fees, dental work and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a deer, rock chips in glass, fire damage, a tree branch falling on your vehicle and damage from flooding. The most your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Shop Smart and Save

People switch companies for a number of reasons such as delays in paying claims, high rates after DUI convictions, questionable increases in premium and even unfair underwriting practices. Whatever your reason, switching companies is not as difficult as it may seem.

Some insurance companies don’t offer price quotes online and usually these small insurance companies work with independent agents. Budget-conscious 2003 Hyundai Accent insurance is definitely available on the web and from local agencies, so you should compare both so you have a total pricing picture.

You just read some good ideas how you can reduce 2003 Hyundai Accent insurance prices online. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding cheaper auto insurance. You may even discover the lowest priced insurance coverage comes from a small mutual company.

Additional information can be read on the following sites:

• How to Avoid Staged Accidents (State Farm)
• Crash Avoidance Technologies FAQ (iihs.org)
• Electronic Stability Control FAQ (iihs.org)
• Information for Teen Drivers (Geico)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)
• Credit Impacts Car Insurance Rates (State Farm)