Lower Your 2006 Hyundai Sonata Car Insurance Rates

Tired of paying out the nose each month for car insurance? You’re in the same situation as millions of other consumers.

Insurance companies such as Geico, Farmers Insurance and State Farm all claim big savings, bombarding you with fancy advertisements and it is difficult to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

It’s a good idea to do rate comparisons every six months because insurance rates are constantly changing. Even if you think you had the lowest rates on Sonata coverage two years ago a different company probably has better rates today. There is a lot of bad advice regarding auto insurance online but with this article, you’re going to get some great ideas on how to save money.

If you currently have a car insurance policy, you will be able to reduce your rates substantially using this strategy. Choosing the best insurance company for you is not that difficult. But vehicle owners need to learn how big insurance companies sell online and apply this information to your search.

Comprehensive Insurance Comparison Quotes

All major insurance companies quote insurance quotes directly from their websites. Getting online rates doesn’t take much effort as you simply type in the amount of coverage you want into the quote form. Once you submit the form, their rating system requests credit information and your driving record and returns a price. This simplifies rate comparisons, but having to visit a lot of sites and complete many quote forms is monotonous and tiresome. But it is imperative to have as many quotes as possible if you want to find lower prices.

An easier way to find lower prices is to use a quote form to get prices from multiple companies. The form is fast, helps eliminate reptitive entry, and makes price shopping online much more enjoyable. After your information is entered, your coverage is rated with multiple companies and you can pick any one of the resulting price quotes.

If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. The whole process takes 15 minutes at the most and can result in significant savings.

To save time and fill out one form to compare multiple rates now, click here to open in new window and enter your information. To compare your current rates, we recommend you input the insurance coverages identical to your current policy. Using the same limits helps guarantee you’re receiving a price comparison using the exact same coverages.

Discounts are available to cut your rates

The price of auto insurance can be rather high, buy you may qualify for discounts to reduce the price significantly. A few discounts will automatically apply at the time you complete a quote, but less common discounts must be inquired about before you get the savings.

  • Accident Forgiveness – Some insurance companies will allow you to have one accident before your rates go up so long as you haven’t had any claims prior to the accident.
  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you may save at least 10% off all policies.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Sign Online – Certain companies may give you up to $50 for buying a policy and signing up digitally online.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Save over 55 – Older drivers may receive reduced rates on Sonata coverage.
  • Discount for New Cars – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.

Drivers should understand that most discounts do not apply to the entire cost. Most only apply to the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, it doesn’t quite work that way. Any amount of discount will cut your premiums.

A partial list of companies who might offer these benefits are:

It’s a good idea to ask each company which discounts you may be entitled to. Savings might not be offered in every state.

Everyone needs different coverages

When it comes to buying the right insurance coverage, there really is not a single plan that fits everyone. Every insured’s situation is different and your policy should reflect that. For instance, these questions can aid in determining whether you may require specific advice.

  • Is business property covered if stolen from my car?
  • Can my babysitter drive my car?
  • Is my camper covered by my car insurance policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • How much can I save by bundling my policies?
  • Can I afford to pay high deductible claims out of pocket?
  • Do I need medical payments coverage since I have good health insurance?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Complexity of Hyundai Sonata insurance rates

It’s important that you understand some of the elements that play a part in calculating car insurance rates. Knowing what controls the rates you pay allows you to make educated decisions that will entitle you to lower car insurance prices.

Shown below are some of the factors companies use to determine prices.

  • Men pay higher rates – Statistics have proven that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. They both are in accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 tend to get in the most accidents and thus pay the highest rates.
  • Policy add-ons can waste money – There are a ton of extra bells and whistles that you can get tricked into buying on your car insurance policy. Coverages for vanishing deductibles, accidental death and additional equipment coverage may be costing you every month. They may seem like a good idea when talking to your agent, but now you might not need them so eliminate them to save money.
  • Your age impacts your rates – Teenage drivers tend to get distracted easily when behind the wheel so car insurance rates are higher. Older insureds are more responsible, statistically cause fewer accidents and get fewer tickets.
  • Bad driving skills means higher rates – Just one moving violation can boost insurance rates by twenty percent. Careful drivers get better rates compared to drivers with tickets. Drivers who have flagrant citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • You might want pay the small claims yourself – If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies give lower rates to drivers who are claim-free. Auto insurance is intended for major claims that would cause financial hardship.
  • Never let your coverage lapse – Not having insurance is illegal and your next policy will cost more because you let your insurance lapse. And not only will insurance be more expensive, but not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings are cheaper to insure. Safer cars have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Hyundai Sonata earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.

Insurance coverage ads bend the truth

Companies like State Farm and Allstate continually stream ads in print and on television. All the ads make an identical promise that you can save after switching your coverage to them. How can each company make almost identical claims? This is how they do it.

All the different companies have a preferred profile for the right customer that is profitable for them. For example, a preferred risk could possibly be between the ages of 30 and 50, a clean driving record, and chooses high deductibles. A propective insured who fits that profile will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.

Potential customers who don’t qualify for these standards will be quoted a more expensive rate which usually ends up with business not being written. The ads state “people who switch” not “people who quote” save money. This is how companies can make those claims.

This emphasizes why you absolutely need to quote coverage with many companies. It’s just too difficult to predict which company will fit your personal profile best.

Information about specific coverages

Learning about specific coverages of auto insurance aids in choosing the right coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages found on most auto insurance policies.

Uninsured/Underinsured Motorist coverage

This gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Hyundai Sonata.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these coverages do not exceed the liability coverage limits.

Auto collision coverage

Collision coverage pays for damage to your Sonata resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as hitting a parking meter, backing into a parked car, colliding with another moving vehicle, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance coverage covers 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 things such as damage from getting keyed, a tree branch falling on your vehicle, a broken windshield and vandalism. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability coverage

Liability insurance can cover injuries or damage you cause to a person or their property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as repair costs for stationary objects, medical expenses, pain and suffering, structural damage and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for expenses for things like pain medications, prosthetic devices and ambulance fees. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Be a Smart Shopper

We covered many ways to get a better price on 2006 Hyundai Sonata insurance. The key thing to remember is the more providers you compare, the better your comparison will be. Consumers may even find the lowest priced car insurance comes from the least-expected company. They may only write in your state and offer lower rates than the large multi-state companies such as Allstate, Geico and Progressive.

The cheapest insurance can be purchased from both online companies and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. Some car insurance companies may not provide the ability to get a quote online and these small, regional companies work with independent agents.

Additional detailed information can be found at these sites: