2017 Hyundai Elantra Insurance Rates – 9 Savings Tips

Scraping up a payment for overpriced Hyundai Elantra insurance can overdraw your savings account and put the squeeze on your family’s finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to help make ends meet.

You have multiple insurance companies to choose from, and although it’s nice to have a selection, too many choices makes it more difficult to find the lowest rates.

It’s a great practice to price shop coverage at least once a year since insurance rates are adjusted regularly by insurance companies. Just because you had the best deal for Elantra coverage six months ago you can probably find a lower rate today. Ignore everything you know about car insurance because you’re about to learn the quickest way to eliminate unnecessary coverages and save money.

Take advantage of discounts

Companies don’t always list every discount in a way that’s easy to find, so we took the time to find some of the more common and the harder-to-find insurance savings.

  • Student in College – Children who attend school more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.
  • Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
  • Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • No Claims – Drivers who don’t have accidents pay less as compared to bad drivers.
  • Multi-policy Discount – When you combine your home and auto insurance with one company you could get a discount of 10% to 20% off each policy.
  • Pay Upfront and Save – If you pay your bill all at once instead of making monthly payments you could save 5% or more.
  • Sign Early and Save – Some companies give discounts for switching to them before your current policy expires. It can save you around 10%.
  • Memberships – Participating in a civic or occupational organization could trigger savings on insurance for Elantra coverage.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Some only reduce the cost of specific coverages such as comprehensive or collision. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way.

For a list of insurers with the best insurance discounts, click this link.

Cheap Car Insurance Comparisons

To find the best car insurance prices, there are several ways to compare quotes from local car insurance companies. The easiest way to compare 2017 Hyundai Elantra insurance prices is to perform an online rate comparison. It is quite easy and can be accomplished using a couple different methods.

The most efficient way to get the best comparison quotes is to use a rate comparison form click to view form in new window. This method saves time by eliminating boring form submissions to each individual car insurance company. One quote request will get you price quotes from car insurance companies with the best prices.

A more difficult way to analyze rates requires visiting each company website to complete their respective quote request forms. For instance, we’ll pretend you want comparison quotes from Nationwide, Geico and GMAC. To get each rate you have to visit each site to input your insurance information, which is why the first method is more popular.

For a list of links to insurance companies in your area, click here.

Whichever method you choose, make sure you use identical coverages for every company. If you have different values for each quote it’s not possible to determine the lowest rate for your Hyundai Elantra. Having just a slight variation in coverage limits may result in large price differences. Just keep in mind that getting more free quotes helps you find a lower rate.

How to know if you need help

When it comes to buying the best auto insurance coverage for your vehicles, there is no perfect coverage plan. Every situation is different so your insurance should reflect that These are some specific questions might point out whether or not you would benefit from professional advice.

  • How can I get my company to pay me more for my totalled car?
  • Where can I find DUI or SR-22 insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I have coverage when pulling a U-Haul trailer?
  • Am I covered if I break a side mirror?
  • When should my teen driver be added to my policy?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area.

The auto insurance bait and switch

State Farm, Allstate and Geico constantly bombard you with television and radio advertisements. All the companies make the same claim about savings if you switch your policy. How does each company make the same claim? This is how they do it.

Insurance companies are able to cherry pick for the right customer they prefer to insure. An example of a preferred risk could possibly be between 25 and 40, a clean driving record, and has a high credit rating. Any new insured who fits that profile will get very good rates and most likely will save when they switch companies.

Drivers who do not match this ideal profile will have to pay higher rates and ends up with the customer not buying. The ad wording is “customers who switch” not “everyone that quotes” save money. That’s the way companies can truthfully make the claims of big savings. Because of the profiling, drivers should get quotes from several different companies. It’s impossible to know which company will have the lowest Hyundai Elantra insurance rates.

Car insurance coverages for a Hyundai Elantra

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find the usual coverages offered by insurance companies.

Comprehensive or Other Than Collision

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as falling objects, vandalism, damage from flooding, damage from a tornado or hurricane and damage from getting keyed. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision protection

This pays for damage to your Elantra from colliding 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 insurance covers claims such as rolling your car, colliding with a tree, sideswiping another vehicle, colliding with another moving vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Medical costs insurance

Med pay and PIP coverage pay for immediate expenses for rehabilitation expenses, hospital visits, X-ray expenses, nursing services and funeral costs. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

UM/UIM Coverage

This provides protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Hyundai Elantra.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Liability auto insurance

This can cover damage or injury you incur to other’s property or people in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims like repair costs for stationary objects, attorney fees, structural damage and court costs. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

One last thing

When shopping online for car insurance, it’s very important that you do not buy less coverage just to save a little money. In many cases, someone dropped comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage for the lowest price, not the least amount of coverage.

We just showed you some good ideas how to get a better price on 2017 Hyundai Elantra insurance. It’s most important to understand that the more price quotes you have, the better your comparison will be. Drivers may discover the most savings is with a small local company. These companies can often provide lower rates in certain areas as compared to the big name companies such as State Farm or Progressive.

The cheapest insurance can be found on the web in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some car insurance companies do not provide online price quotes and these regional insurance providers work with independent agents.

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