Compare 2012 Hyundai Accent Insurance Rates

Do you get exhausted from trying to scrape together enough money to pay car insurance each month? Your situation is no different than most other drivers.

Companies like State Farm, Progressive and Geico continually hit you with ad campaigns and consumers find it hard to see through the deception and do the work needed to find the best deal.

You should make it a habit to price shop coverage yearly since prices are variable and change quite frequently. Just because you had the best rates on Accent insurance a year ago other companies may now be cheaper. You’ll find quite a bit of inaccurate information about car insurance on the web, but I’m going to show you some tested techniques to lower your car insurance bill.

Earn discounts on auto insurance

Some insurance providers don’t always advertise their entire list of discounts very well, so below is a list a few of the more common and also the lesser-known credits available to you.

• Theft Prevention System – Cars and trucks that have factory anti-theft systems help deter theft and will qualify for a discount on a insurance coverage quote.
• Discount for Good Grades – Getting good grades can get you a discount of up to 25%. Many companies even apply the discount to college students until age 25.
• Responsible Driver Discount – Drivers who avoid accidents can pay as much as 50% less on Accent insurance than their less cautious counterparts.
• First Accident Forgiveness – Not really a discount, but companies like Geico, Allstate and Liberty Mutual allow you one accident before raising your premiums so long as you haven’t had any claims prior to being involved in the accident.
• Memberships – Belonging to a civic or occupational organization is a simple method to lower premiums when shopping for auto insurance.

As a footnote on discounts, most discount credits are not given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Insurance companies that may offer policyholders these discounts include:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• Geico
• State Farm

Double check with each company or agent which discounts you qualify for. Some of the discounts discussed earlier may not apply to policies in your area. To choose auto insurance companies that offer some of these discounts, click here to view.

How do insurers determine Hyundai Accent insurance rates?

An important part of buying insurance is that you know the factors that play a part in calculating your insurance rates. If you understand what influences your rates, this empowers consumers to make smart changes that may reward you with lower rates. Multiple criteria are used in the calculation when pricing auto insurance. Some are obvious such as your driving history, although others are more obscure such as your credit history or your financial responsibility.

The list below includes some of the most common factors used by insurance companies to determine your prices.

• Rates can drop if you have more than one policy – Most major insurers provide discounts to insureds that purchase more than one policy such as combining an auto and homeowners policy. The amount of the discounts can be ten or even fifteen percent. Even though this discount sounds good, it’s always a smart idea to get quotes from other companies to make sure you are getting the best deal. Drivers may still save even more than the discount by insuring with multiple companies.
• An active claims history can cost you – Companies provide better rates to insureds who are claim-free. If you are a frequent claim filer, you can look forward to increased rates or even have your policy non-renewed. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.
• Put fewer miles on your vehicle – Driving a lot of miles annually the more it will cost to insure it. Many insurance companies price each vehicle’s coverage based on their usage. Cars and trucks that have low annual miles can be on a lower rate level than those that get driven frequently. Having the wrong rating on your Accent can cost quite a bit. It’s always a good idea to double check that your vehicle rating shows the proper vehicle usage, because improper ratings can cost you money.
• Tickets will cost you – Having a single speeding ticket could increase your next policy renewal twenty percent or more. Careful drivers pay less for auto insurance than people who have multiple driving citations. Drivers who have dangerous tickets like DWI, reckless driving or hit and run convictions might be required by their state to submit a SR-22 or proof of financial responsibility with their state’s licensing department in order to prevent a license revocation.
• Uninterrupted coverage saves money – Having a gap between insurance policy dates is a fast way to increase your rates. Not only will you pay higher rates, getting caught without coverage could result in a hefty fine and possibly a revoked license. You may need to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
• Vocation and insurance prices – Did you know your job can affect your rates? Jobs like lawyers, social workers and accountants generally pay the highest rates due to job stress and long work hours. On the flip side, jobs like farmers, engineers and homemakers get better rates on Accent insurance.
• Adjust physical damage deductibles and save – Comprehensive and collision coverage deductibles state the amount of money you are willing to pay if a claim is determined to be covered. Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some instances where coverage would apply are colliding with a stationary object, animal collisions, and damage caused by road hazards. The more money the insured is willing to pay, the bigger discount you will receive on Accent insurance.

Tailor your insurance coverage coverage to you

When buying the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your situation might need professional guidance.

• Can I afford to buy a different vehicle if my 2012 Hyundai Accent is totaled?
• Why am I be forced to buy a membership to get insurance from some companies?
• Will I be non-renewed for getting a DUI or other conviction?
• Is borrowed equipment or tools covered if stolen or damaged?
• How high should my uninsured/underinsured coverage be in my state?
• Is my ex-spouse still covered by my policy?
• When does my teenage driver need to be added to my policy?
• Am I getting all the discounts available?
• Am I covered when pulling a rental trailer?
• Does my car insurance cover rental cars?

If you can’t answer these questions then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

Insurance coverage in the media

Insurance coverage providers like State Farm and Allstate constantly bombard you with television and radio advertisements. All the ads try to convey promises that you can save just by switching your coverage to them. How does every insurance coverage company offer drivers better rates? This is how they do it.

Most companies require specific criteria for the type of driver they prefer to insure. For example, this type of driver might be between the ages of 40 and 55, is a homeowner, and drives a vehicle with a low ISO rating. Any new insured that meets those criteria gets the lowest rates and as a result will probably save a lot if they switch.

Insureds who don’t measure up to these stringent criteria will probably have to pay higher premium rates and ends up with the customer not buying. If you pay attention, the ads say “drivers that switch” not “everybody who quotes” will save that much if they switch. That’s the way insurance companies can confidently lure you into getting a quote.

Because of these techniques, drivers should get insurance coverage quotes as often as possible. It’s just too difficult to predict the company that will have the best car insurance rates at this point in time.

Auto insurance coverage options for a 2012 Hyundai Accent

Knowing the specifics of your auto insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages found on the average auto insurance policy.

Uninsured and underinsured coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, 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. Normally these limits are identical to your policy’s liability coverage.

Collision coverage

This coverage covers damage to your Accent from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as driving through your garage door, damaging your car on a curb, backing into a parked car, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also raise the deductible to save money on collision insurance.

Comprehensive coverages

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as fire damage, damage from flooding, vandalism and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability auto insurance

Liability coverage can cover damage that occurs to other’s property or people by causing an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things such as emergency aid, legal defense fees, structural damage and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical payments

Med pay and PIP coverage provide coverage for expenses for things like prosthetic devices, hospital visits, funeral costs and rehabilitation expenses. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Feed the piggy bank

A few companies may not offer online price quotes and most of the time these smaller companies only sell coverage through local independent agents. Lower-priced 2012 Hyundai Accent insurance can be bought from both online companies as well as from insurance agents, so compare prices from both so you have a total pricing picture.

We’ve covered many ideas to lower your 2012 Hyundai Accent insurance rates. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. You may even discover the lowest rates come from an unexpected company. Smaller companies may cover specific market segments cheaper than their larger competitors like State Farm or Progressive.

Much more information about car insurance can be found at the links below

• Alcohol Impaired Driving FAQ (iihs.org)
• Insurance Losses by Make and Model (iihs.org)
• Car Insurance FAQ (Trusted Choice)
• Your Car has been Stolen: Now What? (Allstate)
• What Does No-Fault Insurance Cover? (Allstate)