View 2011 Hyundai Elantra Insurance Quotes

Have you had enough of trying to scrape together enough money to insure your Hyundai every month? Your situation is no different than many other consumers. Numerous insurance companies battle to insure your vehicles, and because of this it can be hard to compare insurers to discover the definitive cheapest price

You should take the time to do rate comparisons every six months since rates change regularly. If you had the best deal for Elantra coverage on your last policy the chances are good that you can find a lower rate today. Starting right now, forget all the misinformation about insurance coverage because you’re going to get a crash course in the tricks you need to know to properly buy coverages and cut your premium.

Hyundai Elantra rates are complex

Smart consumers have a good feel for some of the elements that go into determining the rates you pay for insurance. Knowing what controls the rates you pay helps enable you to make changes that may reward you with lower insurance prices.

  • Men pay higher rates – Statistics demonstrate women tend to be less risk to insure than men. However, don’t assume that women are BETTER drivers than men. Women and men have accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as reckless driving.
  • Safer cars cost less to insure – Vehicles with good safety scores tend to have better insurance rates. These vehicles protect occupants better and better occupant protection means lower claim amounts passed on to you as lower rates. If your Hyundai Elantra scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Younger drivers pay higher rates – Young drivers have a tendency to get distracted easily in a vehicle so they pay higher insurance rates. Mature drivers are more responsible, statistically cause fewer accidents and get fewer tickets.
  • Do you have enough liability coverage? – Liability insurance is the coverage that protects you if ever a court rules you are at fault for damages from an accident. It provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.

Discounts are basically free money

The cost of insuring your cars can be expensive, but there could be available discounts to help offset the cost. Some discounts apply automatically when you purchase, but less common discounts must be specifically requested before being credited. If you don’t get every credit available, you are throwing money away.

  • Drive Safe and Save – Insureds without accidents may receive a discount up to 45% less for Elantra coverage than drivers with accidents.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy can get a discount on all vehicles.
  • Seat Belts Save – Requiring all passengers to use their safety belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Driver’s Ed – Have your child enroll in driver’s education if it’s offered in school.
  • Drive Less and Save – Driving fewer miles can qualify you for discounted rates on garaged vehicles.
  • Good Student Discount – Getting good grades can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • College Student – Youth drivers who live away from home and do not have access to a covered vehicle can receive lower rates.

As a disclaimer on discounts, some credits don’t apply to the entire cost. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will bring down the cost of coverage.

Car insurance companies that possibly offer some of the above discounts may include but are not limited to:

Check with each company which discounts you may be entitled to. Discounts may not be available in every state.

Don’t listen to company ads

Consumers constantly see and hear ads that promise big savings from companies such as 21st Century, Allstate and State Farm. All the companies make the same claim that you’ll save big if you switch your policy.

But how can every company make almost identical claims? This is how they do it.

All companies are able to cherry pick for the type of driver that makes them money. An example of a desirable insured might be between the ages of 30 and 50, is a homeowner, and has excellent credit. A driver that hits that “sweet spot” will get very good rates and is almost guaranteed to save when they switch companies.

Drivers who fall outside these standards will have to pay a more expensive rate which usually ends up with the customer not buying. The ads say “drivers who switch” not “people who quote” save that kind of money. That’s the way companies can make those claims.

Because of the profiling, you absolutely need to get quotes from several different companies. It’s not possible to predict the company that will provide you with the cheapest Hyundai Elantra insurance rates.

Which insurance is the “right” coverage?

When it comes to buying adequate coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that may help highlight whether you may require specific advice.

  • What discounts do I qualify for?
  • What is covered by UM/UIM coverage?
  • What is PIP insurance?
  • Are split liability limits better than a combined single limit?
  • When can I cancel my policy?
  • Am I covered when delivering products for my home-based business?
  • Does my 2011 Hyundai Elantra qualify for pleasure use?
  • Should I drop comprehensive coverage on older vehicles?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to 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, doesn’t cost anything and can help protect your family.

Parts of your insurance policy

Having a good grasp of a insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverage types found on the average insurance policy.

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

Collision coverage pays for claims like hitting a parking meter, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for EMT expenses, nursing services, dental work, surgery and X-ray expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hitting a deer, theft, rock chips in glass and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers – This gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Hyundai Elantra.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently these coverages do not exceed the liability coverage limits.

Liability car insurance – This can cover damage or injury you incur to other’s property or people. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like repair costs for stationary objects, loss of income, funeral expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but buy as high a limit as you can afford.

Shop Smart and Save

Cheaper 2011 Hyundai Elantra insurance is definitely available on the web as well as from independent agents, so compare prices from both to have the best selection. Some insurance coverage companies don’t offer you the ability to get quotes online and these small insurance companies work with independent agents.

You just learned quite a bit of information on how to compare insurance prices online. The key thing to remember is the more rate comparisons you have, the better likelihood of reducing your rate. You may be surprised to find that the lowest rates come from some of the lesser-known companies. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as Geico and State Farm.

Additional insurance coverage information is available at the links below