Cheaper 2013 Hyundai Elantra Insurance Quotes

Want cheaper insurance coverage rates for your Hyundai Elantra? Beginners to price shopping car insurance online can find locating low cost insurance is more work than they thought.

It’s a good idea to do price comparisons occasionally since insurance prices fluctuate regularly. If you had the best deal on Elantra coverage at your last renewal you can probably find a better premium rate now. Don’t believe everything you read about insurance coverage online but I’m going to show you some great ideas on how to find cheap insurance coverage.

Locating the lowest cost insurance coverage is simple if you know the tricks. In a nutshell, anyone who carries insurance coverage should be able to find better rates. Although drivers do need to understand the way insurance companies sell online and use this information to your advantage.

Insurance prices are influenced by these factors

A large part of saving on car insurance is knowing the different types of things that come into play when calculating your car insurance rates. If you know what positively or negatively impacts your premiums, this allows you to make good choices that may reward you with big savings.

Listed below are some of the most common factors companies use to determine your premiums.

• Low comp and collision deductibles can be expensive – Physical damage coverage, otherwise known as comp (or other than collision) and collision, insures against damage to your Hyundai. Some coverage claims are a windshield shattered by a rock, vandalism, and rolling your vehicle. Your deductibles tell how much the insured will be required to pay if you file a covered claim. The more damage repair cost you’re willing to pay, the lower your rates will be on Elantra coverage.
• Rates are affected by your address – Being located in a rural area is a positive aspect when buying car insurance. Drivers in populated areas have to deal with more road rage incidents and longer commutes to work. Fewer drivers and short commutes translates into fewer accident claims and also fewer theft and vandalism claims.
• Safer occupants lowers premiums – Cars with five star safety ratings cost less to insure. The safest vehicles reduce occupant injuries and better occupant protection translates into fewer and smaller insurance claims which can mean better rates for you.
• Alarms and GPS tracking lower rates – Purchasing a vehicle with a theft deterrent system can help bring down rates. Advanced theft deterrents like GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent your vehicle from being stolen.
• Only buy extra policy coverages you need – There are many extra bells and whistles that sound like a good idea at the time on your Elantra policy. Add-on coverages like vanishing deductibles, accident forgiveness, and extra life insurance coverage are probably not needed. They may sound like good ideas when deciding what coverages you need, but if you’ve never needed them in the past remove them from your policy.
• Buy as much liability as you can afford – Your policy’s liability coverage provides coverage in the event that you are found to be at fault for physical damage or personal injury to other. Your policy’s liability insurance provides you with a defense in court up to the limits shown on your policy. Liability is cheap compared to comp and collision, so buy as much as you can afford.

You may qualify for discounts

Buying auto insurance is not cheap, but there could be available discounts to help offset the cost. A few discounts will automatically apply when you quote, but a few must be specifically requested prior to receiving the credit. If you do not check that you are getting every discount possible, you are paying more than you should be.

• Auto/Life Discount – Auto insurance companies who offer life insurance give better auto insurancerates if you take out some life insurance in addition to your auto policy.
• Accident-Free Discounts – Drivers who don’t have accidents get the best auto insurance rates as compared to accident-prone drivers.
• Defensive Driving Course – Taking time to complete a course that instructs on driving safety could save 5% or more depending on where you live.
• Theft Deterent Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and will qualify for a discount on a insurance quote.
• Multiple Vehicles – Having multiple cars or trucks with the same company can reduce rates for all insured vehicles.
• Anti-lock Brake Discount – Anti-lock brake equipped vehicles can stop better under adverse conditions so you can save 10 percent or more.

A little disclaimer on discounts, some credits don’t apply to the entire cost. Most cut specific coverage prices like comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, companies don’t profit that way.

To see a list of auto insurance companies that offer the discounts shown above, click here.

Can you really save that much by switching?

Well-known auto insurance companies like State Farm, Allstate and Geico continually stream ads in print and on television. All the companies convey the message that you’ll save big if you change your policy. That’s great but how can every company make the same claim?

Companies have an ideal profile for the type of driver that makes them money. A good example of a desirable insured should be between the ages of 30 and 50, has few claims, and drives less than 7,500 miles a year. Someone that fits those parameters receives the best rates and have a good chance to save quite a bit of money when switching.

People who may not quite match this stringent profile will have to pay higher premium rates which translates to the customer buying from a different company. If you pay attention, the ads say “drivers who switch” but not “all drivers who get quotes” save that much money. That’s the way insurance companies can confidently make claims that they all have the best rates.

Because of this risk profiling, you really need to compare quotes as often as possible. It’s not possible to predict which auto insurance company will have the lowest rates.

There’s no such thing as the perfect auto insurance policy

When choosing adequate coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine whether your personal situation could use an agent’s help.

• Does car insurance cover theft of personal property?
• How much liability do I need to cover my assets?
• Do I need PIP (personal injury protection) coverage in my state?
• What vehicles should carry emergency assistance coverage?
• Is my babysitter covered when using my vehicle?
• Is my 2013 Hyundai Elantra covered for flood damage?
• Is extra glass coverage worth it?
• Does my policy cover me when driving someone else’s vehicle?
• Is motorclub coverage worth it?
• What is medical payments coverage?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance coverage information

Learning about specific coverages of a car insurance policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for short-term medical expenses like surgery, doctor visits, ambulance fees, rehabilitation expenses and pain medications. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Hyundai Elantra.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these limits are similar to your liability insurance amounts.

Liability insurance

Liability coverage protects you from damage that occurs to a person or their property in an accident. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability insurance covers things like legal defense fees, bail bonds and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage protection

This coverage pays for damage to your Elantra from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as backing into a parked car, rolling your car and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive auto coverage

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as falling objects, theft, damage from a tornado or hurricane, hitting a deer and rock chips in glass. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

One last thing about your coverage

When you buy insurance online, you should never buy poor coverage just to save money. There are too many instances where someone sacrificed liability limits or collision coverage and found out when filing a claim that it was a big mistake. Your goal should be to find the BEST coverage at the lowest possible cost, but do not skimp to save money.

You just learned a lot of techniques to reduce 2013 Hyundai Elantra insurance prices online. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even find the best prices are with some of the smallest insurance companies.

Drivers change insurance companies for many reasons like policy cancellation, delays in responding to claim requests, questionable increases in premium or high rates after DUI convictions. Regardless of your reason for switching companies, finding the right insurance provider is not as hard as you think.

Additional detailed information can be found in these articles:

• Credit Impacts Car Insurance Rates (State Farm)
• Side Impact Crash Tests (iihs.org)
• Things to Know Before you Cancel Insurance (Allstate)
• Understanding Rental Car Insurance (Insurance Information Insitute)