Compare 2003 Hyundai Elantra Insurance Quotes

Looking for cheaper insurance rates for your Hyundai Elantra? No one fancies paying their premiums for insurance, especially when they know they could lower their rates if they shopped around.

Insurance companies such as Allstate, Progressive and Geico constantly bombard you with fancy advertisements and it can be hard to ignore the promise of big savings and take the time to shop coverage around.

Consumers should take time to do price comparisons periodically because insurance prices change frequently. Even if you got the best quotes on Elantra coverage six months ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about insurance because you’re about to learn one of the best ways to get good coverage at a lower rate.

If you currently have car insurance, you should be able to save some money using these tips. Buying car insurance is not that difficult. Although car owners can benefit by having an understanding of the way companies determine prices.

How to get low cost insurance

When shopping for insurance there are multiple ways to obtain and compare prices from many different insurance companies. One of the best ways to lower the rate you pay for 2003 Hyundai Elantra insurance is to use the internet to compare rates. It’s really quite simple and can be done by using one of the methods below.

1. If you are pressed for time, the simplest way to get quotes is an all-inclusive rate comparison like this one (opens in new window). This form eliminates the need for repetitive form submissions for every company. Just one form will get you rate comparisons from all major companies.
2. A harder way to get comparison quotes requires you to visit the website of each company and go through the quote process again. For examples sake, we’ll assume you are doing a rate comparison from Nationwide, Geico and Farmers. In order to compare rates, you need to go to every website and type in your information over and over, which can get rather old. To view a list of companies in your area, click here.
3. The least efficient way of comparing rate quotes is actually driving to each insurance agency near you. Comparing rate quotes online has made agencies unnecessary unless you require the peace of mind of a local agent. Drivers can compare online quotes but buy the policy through an agent.

Compare rates however you want, just make sure you use apples-to-apples coverage limits and deductibles on every quote. If you have different limits and deductibles on each one it will be impossible to find the best deal for your Hyundai Elantra. Just slight variations in coverage limits may result in large price differences. Just remember that getting more free quotes increases your odds of finding a lower rate than you’re paying now. Some smaller insurers to not give rate quotes online, so it’s important to also get quotes from them as well.

Six things that affect your insurance rates

Consumers need to have an understanding of the different types of things that help calculate the price you pay for insurance coverage. If you have some idea of what controls the rates you pay, this empowers consumers to make smart changes that may reward you with lower premium levels. Lots of things are considered when you quote your car insurance policy. A few of the factors are predictable such as your driving history, but other factors are less apparent such as whether you are married or your financial responsibility.

The list below includes most of the major factors used by insurance companies to determine your rate level.

• Better drivers have lower premiums – Having a clean driving record can have a huge impact on auto insurance premiums. Having just one chargable violation can bump up the cost twenty percent or more. Good drivers tend to pay less for car insurance than their less careful counterparts. People who have dangerous violations such as hit and run, DWI or reckless driving convictions might be required by their state to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
• Lower mileage equals lower premium – The higher the mileage driven in a year the higher your rates will be. A lot of insurance companies apply a rate determined by how the vehicle is used. Cars that are left in the garage cost less to insure than those used for commuting. It’s always a good idea to double check that your insurance coverage policy is showing the correct usage for each vehicle. Incorrect rating for your Elantra can result in significantly higher rates.
• Better credit means lower premiums – Credit history can be an important factor in determining your rates. If your credit score is not that good, you could pay less to insure your 2003 Hyundai Elantra if you clean up your credit. Insureds with excellent credit tend to be better drivers and file fewer claims than drivers with poor credit scores.
• File a insurance coverage claims and pay more – If you file a lot of claims you can pretty much guarantee increased rates or even have your policy non-renewed. Car insurance companies generally give the best rates to drivers who file claims infrequently. Your insurance policy is designed for larger claims.
• Your stress level may be raising your insurance coverage rates – Do you work in a high-stress field? Occupations such as lawyers, social workers and miners tend to have higher premiums than the average policyholder attributed to job stress and long work hours. On the flip side, professions such as actors, historians and homemakers pay lower than average rates on Elantra coverage.
• Remove unneeded extra policy coverages – Insurance policies have a lot of extra bells and whistles that sound like a good idea at the time if you aren’t careful. Coverages for roadside assistance, death and dismemberment, and term life insurance may be costing you every month. They may sound like good ideas when you first buy your policy, but if you don’t need them remove them and pocket the money.

Auto Insurance Discounts

Insurance can cost an arm and a leg, but you may find discounts to help bring down the price. Some trigger automatically when you quote, but lesser-known reductions have to be specifically requested before they will apply. If you are not receiving all the discounts you deserve, you are paying more than you should be.

• Safety Restraint Discount – Drivers who require all vehicle occupants to use their safety belts can save a little on the medical payments or PIP coverage costs.
• Defensive Driving Course – Completing a driver safety class could cut 5% off your bill and also improve your driving technique.
• Telematics Data Discounts – Drivers that enable driving data submission to monitor driving manner through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm might get better premium rates as long as the data is positive.
• Drive Less and Save – Driving fewer miles could be rewarded with slightly better premium rates than normal.
• E-sign – Certain auto insurance companies will provide an incentive for buying your policy digitally online.
• Club Memberships – Having an affiliation with specific professional or occupational memberships or organizations may earn a discount on your policy.

One last thing about discounts, most discount credits are not given to the overall cost of the policy. Some only apply to specific coverage prices like liability and collision coverage. If you do the math and it seems like you would end up receiving a 100% discount, nobody gets a free ride.

Some companies that may include these money-saving discounts may include but are not limited to:

• Farmers Insurance
• Esurance
• State Farm
• Geico
• Allstate

Before you buy a policy, ask all the companies which discounts you qualify for. A few discounts might not be available to policyholders everywhere.

Tailor your insurance coverage coverage to you

When choosing the right insurance coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out whether you could use an agent’s help.

• Are rental cars covered under my policy?
• Where can I get insurance after a DUI in my state?
• Do I have newly-aquired coverage?
• Am I covered if I crash into my own garage door?
• Am I covered when driving a rental car?
• Is my 2003 Hyundai Elantra covered for smoke damage?
• Will my rates increase for filing one claim?
• What happens if I owe more than my 2003 Hyundai Elantra is worth?
• Do I need PIP (personal injury protection) coverage in my state?
• Is my dog or cat covered if injured in an accident?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Car insurance coverages for a Hyundai Elantra

Knowing the specifics of auto insurance helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. These are the usual coverages found on most auto insurance policies.

Collision coverage protection

This coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like backing into a parked car, scraping a guard rail, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Auto liability

This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t 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. As an example, you may have values of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like loss of income, repair costs for stationary objects, medical services, repair bills for other people’s vehicles and emergency aid. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as fire damage, damage from flooding, hitting a deer, vandalism and a broken windshield. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense insurance

Med pay and PIP coverage pay for expenses like ambulance fees, doctor visits, hospital visits and pain medications. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

This coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Hyundai Elantra.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.

Shop. Compare. Save.

Lower-priced 2003 Hyundai Elantra insurance can be bought from both online companies and with local insurance agents, so you should compare both to have the best rate selection. Some companies may not have rate quotes online and most of the time these small insurance companies sell through independent insurance agencies.

When you buy insurance online, do not reduce needed coverages to save money. There have been many situations where an insured dropped full coverage to discover at claim time that the savings was not a smart move. Your objective should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Other learning opportunities

• Tread Depth and Tire Safety (State Farm)
• Vehicle Insurance in the U.S. (Wikipedia)
• A Tree Fell on Your Car: Now What? (Allstate)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)