Save on 2018 Hyundai Santa Fe Insurance Rates

Buyers have lots of choices when searching for affordable Hyundai Santa Fe insurance. You can either waste hours contacting agents to get rate comparisons or save time using the internet to find the lowest rates.

There is a right way and a wrong way to shop for auto insurance so we’re going to tell you the quickest way to get price quotes for your Hyundai and locate the cheapest rates.

It’s a good idea to do rate comparisons on a regular basis since prices tend to go up over time. Despite the fact that you may have had the best rate for Santa Fe coverage a couple years back the chances are good that you can find a lower premium rate today. There are lots of tips to save on auto insurance on the web, but you can learn the best ways to put money back in your pocket.

Quote auto insurance online

There are a variety of methods to shop for auto insurance, but one way is easier and takes less work. You could waste a few hours driving to insurance agencies in your area, or you could save time and use online quoting to quickly compare rates.

Many insurance companies belong to a marketplace where prospective buyers enter their coverage request one time, and every company then returns a price quote based on that information. This prevents consumers from doing form submissions for each company. To enter your information into the quoting system, click here (opens in new window).

The only downside to pricing coverage this way is that you can’t choose which companies you want pricing from. So if you prefer to pick from a list of companies to compare prices, we have a page of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

It’s up to you which method you use, but be sure to compare exactly the same coverages for each comparison quote. If you compare higher or lower deductibles you will not be able to make a fair rate comparison.

You may qualify for discounts

Auto insurance is not cheap nor is it fun to buy but you might find some hidden discounts to help bring down the price. Certain credits will be shown at the time you complete a quote, but some may not be applied and must be manually applied prior to receiving the credit.

• Data Collection Discounts – People who choose to allow data collection to scrutinize driving habits by using a small device installed in their vehicle such as State Farm’s In-Drive may see discounts if they show good driving skills.
• Good Grades Discount – Excelling in school could provide a savings of up to 20% or more. This discount can apply up to age 25.
• No Claim Discounts – Drivers with accident-free driving histories are rewarded with significantly better rates on car insurance quote as opposed to insureds who have frequent claims or accidents.
• Multiple Cars – Buying a policy with several vehicles with the same company can get a discount on all vehicles.
• Sign Online – A handful of insurance companies will give a small break simply for signing online.
• Policy Bundle Discount – If you can combine your auto and homeowners policy with one insurance company you could get a discount of nearly 15% which can help you find cheaper car insurance.
• Theft Prevention Discount – Cars optioned with advanced anti-theft systems prevent vehicle theft and that can save you a little bit as well.
• Discount for Life Insurance – Companies who offer life insurance give better prices if you take out a life policy as well.
• Homeowners Pay Less – Owning your own home or condo can save you money because owning a home shows financial diligence.

We need to note that some of the credits will not apply to all coverage premiums. Some only reduce individual premiums such as medical payments or collision. Even though the math looks like adding up those discounts means a free policy, company stockholders wouldn’t be very happy. Any amount of discount will definitely lower your policy cost.

For a list of companies with discount rates, click here.

Seven factors that determine insurance premiums

Many things are used in the calculation when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, although others are less apparent like your continuous coverage and annual miles driven.When buying auto insurance it’s important to understand some of the things that aid in calculating the price you pay for auto insurance. When you know what positively or negatively influences your rates, this allows you to make good choices that may result in better auto insurance rates.

• More policies can equal more savings – Most larger auto insurance companies will award discounts to people that purchase more than one policy. It’s known as a multi-policy discount. Even with this discount, you may still want to get quotes from other companies to make sure you are getting the best deal.There is a good possibility that you can save even more than the discount by buying from different companies
• High deductibles save money – Physical damage coverage, also called comprehensive and collision insurance, helps pay for damage to your vehicle. Examples of some claims that would be covered are collision with another vehicle, collision with an animal, or theft. Comprehensive and collision coverage deductibles state the amount of money you are willing to pay if a claim is determined to be covered. The more damage repair cost the insured is willing to pay, the lower your rates will be for Santa Fe coverage.
• Location can modify price – Living in less populated areas can be a good thing when talking about auto insurance. Fewer drivers means fewer accidents. People who live in big cities regularly have much more traffic and higher rates of accident claims. More time behind the wheel statistically corresponds to a higher accident and claim rate.
• Small coverages can add up – There are many extra bells and whistles that can waste your money but may not be useful. Insurance for things like replacement cost coverage, accident forgiveness, and membership fees may be wasting your money. You may think they are a good idea at first, but now you might not need them so get rid of them and save.
• Improve your credit rating – An insured’s credit history is likely to be a major factor in calculating your auto insurance rates. Consumers who have excellent credit tend to file fewer claims and have better driving records than drivers with lower ratings. If your credit rating can be improved, you could save money insuring your 2018 Hyundai Santa Fe by improving your credit score.
• Liability insurance claims can be big – The liability coverage on your policy will protect you if ever you are determined to be liable for causing damage or personal injury in an accident. Your liability coverage provides legal defense coverage which can cost a lot. This coverage is relatively inexpensive compared to comp and collision, so drivers should buy more than the minimum limits required by law.
• Battle of the sexes – Statistics show women are more cautious behind the wheel. This data doesn’t prove that males are worse at driving than females. Women and men have auto accidents at a similar rate, but the males get into accidents with more damage. Men also statistically receive more costly citations like driving under the influence (DUI).

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

When it comes to buying adequate coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.

For example, these questions may help highlight whether you might need an agent’s assistance.

• Will my insurance pay for OEM parts?
• How can I force my company to pay a claim?
• Where can I get insurance after a DUI in my state?
• Who is covered by my policy?
• Is my vehicle covered by my employer’s policy when using it for work?
• Is my dog or cat covered if injured in an accident?
• When should my teen driver be added to my policy?
• How can I find cheaper teen driver insurance?
• How can I get my company to pay me more for my totalled car?
• Is my Hyundai Santa Fe covered if I use it for business?

If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, complete this form. It’s fast, free and may give you better protection.

Educate yourself about insurance coverages

Knowing the specifics of insurance aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

UM/UIM Coverage

Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include 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. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical costs insurance

Med pay and PIP coverage provide coverage for short-term medical expenses for hospital visits, dental work, chiropractic care and doctor visits. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Comprehensive or Other Than Collision

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a deer, damage from a tornado or hurricane and fire damage. The maximum amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision insurance

This pays for damage to your Santa Fe from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like crashing into a ditch, sustaining damage from a pot hole and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Coverage for liability

This protects you from damage that occurs to people or other property by causing an accident. This coverage protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 that translate to $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. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like attorney fees, legal defense fees, structural damage, court costs and medical expenses. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

A tidy conclusion

Consumers who switch companies do it for any number of reasons including poor customer service, policy cancellation, policy non-renewal and questionable increases in premium. No matter why you want to switch, finding a new insurance company is pretty simple and you could end up saving a buck or two.

When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, drivers have reduced liability limits or collision coverage only to discover later that it was a big error on their part. Your focus should be to buy a smart amount of coverage for the lowest price, but don’t skip important coverages to save money.

More affordable insurance is available on the web and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get quotes online and usually these regional insurance providers sell through independent agencies.

For more information, link through to the following helpful articles:

• Bodily Injury Coverage (Liberty Mutual)
• What Auto Insurance is Cheapest for a Hyundai Santa Fe in Miami? (MiamiCoverage.com)
• Distracted Driving Extends Beyond Texting (State Farm)
• Understanding your Policy (NAIC.org)
• Keeping Children Safe in Crashes Video (iihs.org)
• Crash Avoidance Technologies FAQ (iihs.org)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)