Save on 1993 Hyundai Elantra Insurance Cost

Looking for the cheapest auto insurance rates for your Hyundai Elantra? Are you tired of scraping the payment together each month for car insurance? Your situation is no different than most other car owners. Multiple auto insurance companies compete for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the best rate

It’s a great practice to compare prices before your policy renews due to the fact that insurance rates change quite often. Even if you think you had the best deal on Elantra coverage a few years ago there is a good chance you can find better rates now. There is too much inaccurate information about auto insurance online but we’re going to give you a bunch of ideas how to reduce your auto insurance bill.

Pieces of the Hyundai Elantra insurance rate puzzle

It’s important that you understand the factors that go into determining the rates you pay for insurance coverage. When you know what positively or negatively impacts premium levels helps enable you to make changes that will entitle you to lower insurance coverage prices.

  • Careful drivers pay lower rates – Whether or not you get tickets has a big impact on rates. Only having one citation can bump up the cost forty percent or more. Drivers who don’t get tickets get better rates than their less careful counterparts. Drivers with dangerous tickets like DUI or reckless driving are required to submit a SR-22 form with their state DMV in order to prevent a license revocation.
  • Liability coverage protects you – Liability insurance will protect you if you are found liable for personal injury or accident damage. Liability provides legal defense coverage which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not cut corners here.
  • Keep rates low by being claim-free – Car insurance companies generally give lower rates to policyholders who do not rely on their insurance for small claims. If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Car insurance is intended to be relied upon for larger claims.
  • Multi-policy discounts can save money – Some insurance coverage companies will give a discount to insureds who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, it’s still a good idea to comparison shop to confirm you are receiving the best rates possible.
  • With age comes lower rates – Teenage drivers have a tendency to be less responsible when behind the wheel so they pay higher insurance coverage rates. Older insureds tend to be more responsible, statistically cause fewer accidents and tend to be better behind the wheel.
  • Save money with special equipment – Driving a car that has an advanced theft prevention system can get you a discount on your insurance coverage. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
  • Better credit means lower rates – Credit score is a large factor in calculating your insurance coverage rates. Therefore, if your credit is lower than you’d like, you could potentially save money when insuring your 1993 Hyundai Elantra by improving your rating. People with excellent credit tend to be more responsible as compared to drivers with poor credit.

Policy discounts you shouldn’t miss

Car insurance is not cheap, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you complete an application, but lesser-known reductions have to be asked for before you will receive the discount. If you’re not getting every credit available, you’re just leaving money on the table.

  • Service Members Pay Less – Having a deployed family member could mean lower rates.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts as compared to bad drivers.
  • Defensive Driving Course – Taking a course in driver safety could cut 5% off your bill if you qualify.
  • Paperless Signup – Certain companies will discount your bill up to fifty bucks for buying your policy digitally online.
  • No Charge for an Accident – A handful of insurance companies permit an accident before your rates go up as long as you don’t have any claims for a particular time prior to the accident.
  • Seat Belts Save – Requiring all passengers to use their safety belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Anti-theft System – Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
  • Homeowners Savings – Being a homeowner can help you save on car insurance because maintaining a house shows financial diligence.

Keep in mind that most credits do not apply to the overall cost of the policy. Most cut specific coverage prices like medical payments or collision. So when it seems like it’s possible to get free car insurance, you’re out of luck. But any discount will bring down your overall premium however.

For a list of insurers with discount car insurance rates, click here to view.

Can you really save that much by switching?

Drivers get pounded daily by advertisements for car insurance savings by companies like Progressive, Allstate and Geico. They all seem to make the same claim about savings if you move to them.

How do they all say the same thing?

All companies can use profiling for the type of customer that is profitable for them. An example of a driver they prefer could possibly be between 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A customer getting a price quote who matches those parameters receives the best rates and as a result will probably save when switching.

Potential insureds who don’t qualify for this ideal profile will be quoted higher prices and this can result in the customer not buying. The ads say “drivers who switch” but not “drivers who get quotes” save that kind of money. That’s why companies can truthfully make those claims.

This emphasizes why you need to get a wide range of price quotes. It’s not possible to predict the company that will provide you with the cheapest Hyundai Elantra insurance rates.

Insurance agents can help

When it comes to buying the best insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique so this has to be addressed. For example, these questions can help discover if you could use an agent’s help.

  • Am I covered when driving someone else’s vehicle?
  • Am I getting all the discounts available?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Should I buy full coverage?
  • Do I need to file an SR-22 for a DUI in my state?
  • How does medical payments coverage work?
  • When should I buy a commercial auto policy?
  • What happens if I owe more than my 1993 Hyundai Elantra is worth?
  • Is my trailer covered?
  • Is my camper covered by my car insurance policy?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Auto insurance coverages

Having a good grasp of a car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types found on most car insurance policies.

Coverage for liability

This coverage will cover damage that occurs to other’s property or people that is your fault. This coverage protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like repair bills for other people’s vehicles, legal defense fees and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for immediate expenses such as nursing services, surgery, pain medications, EMT expenses and prosthetic devices. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Auto collision coverage

Collision insurance pays for damage to your Elantra resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as crashing into a building, colliding with another moving vehicle, sideswiping another vehicle, rolling your car and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as a broken windshield, hail damage and hitting a deer. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Hyundai Elantra.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Frequently these limits do not exceed the liability coverage limits.

Quote more. Save more.

Throughout this article, we presented a lot of information how to get a better price on 1993 Hyundai Elantra insurance. The key concept to understand is the more you quote, the higher the chance of saving money. You may be surprised to find that the best prices are with a lesser-known regional company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.

While you’re price shopping online, never reduce coverage to reduce premium. There have been many situations where consumers will sacrifice uninsured motorist or liability limits only to regret they didn’t have enough coverage. Your strategy should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

Lower-priced insurance can be sourced from both online companies and also from your neighborhood agents, so you should compare both to have the best rate selection. Some insurance companies may not provide online price quotes and these small insurance companies work with independent agents.

More detailed car insurance information can be found at these sites: