Cheaper 2001 Hyundai Elantra Car Insurance Rates

Looking for better insurance rates? Shoppers have a choice when shopping for the lowest priced Hyundai Elantra insurance. They can either spend hours calling around to get rate comparisons or use the internet to make rate comparisons.

There are more efficient ways to find insurance online and we’ll show you the proper way to get price quotes for a new or used Hyundai and find the lowest price from both online companies and local agents.

It is always a good idea to compare prices once or twice a year due to the fact that insurance rates are constantly changing. Despite the fact that you may have had the best deal for Elantra insurance a year ago there is a good chance you can find better rates now. You can find a lot of misleading information regarding insurance on the web, but I’m going to show you some proven techniques to find affordable insurance.

These discounts can slash car insurance rates

The price of auto insurance can be rather high, but discounts can save money and there are some available to help offset the cost. Most are applied when you purchase, but some must be asked for before being credited. If you aren’t receiving every discount possible, you are paying more than you should be.

  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.
  • Club Memberships – Being a member of certain professional organizations could trigger savings on your policy for Elantra insurance.
  • New Car Discount – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts could cut 10% or more off your PIP or medical payments premium.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, it doesn’t quite work that way. Any qualifying discounts will cut the cost of coverage.

To see a list of insurers with discount car insurance rates, click here.

When might I need the advice of an agent?

When choosing proper insurance coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different.

For instance, these questions can help discover whether your personal situation might need an agent’s assistance.

  • Does my policy cover me when driving someone else’s vehicle?
  • If my 2001 Hyundai Elantra is totaled, can I afford another vehicle?
  • Am I covered if I crash into my own garage door?
  • What is covered by UM/UIM coverage?
  • How much underlying liability do I need for an umbrella policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is pleasure use cheaper than using my 2001 Hyundai Elantra to commute?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and you can get the answers you need.

Car insurance specifics

Having a good grasp of a car insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from flooding, rock chips in glass, damage from a tornado or hurricane and damage from getting keyed. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your 2001 Hyundai Elantra.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Collision coverage

Collision coverage pays for damage to your Elantra resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as sustaining damage from a pot hole, scraping a guard rail, hitting a mailbox and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as hospital visits, ambulance fees, EMT expenses and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability coverages

This coverage protects you from injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident 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 $50,000 of coverage for damaged propery. 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 can pay for claims such as funeral expenses, emergency aid and court costs. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Final thoughts

When shopping online for insurance, never reduce coverage to reduce premium. There have been many cases where someone sacrificed liability limits or collision coverage only to regret they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at a price you can afford.

Consumers change insurance companies for a number of reasons such as extreme rates for teen drivers, high rates after DUI convictions, high prices and even delays in paying claims. It doesn’t matter why you want to switch finding a great new company can be pretty painless.

Cheap 2001 Hyundai Elantra insurance can be bought both online as well as from independent agents, and you should compare price quotes from both to have the best selection. A few companies don’t offer online quoting and most of the time these small, regional companies sell through independent agents.

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