2009 Hyundai Elantra Insurance Cost

Shoppers have many options when shopping for the lowest priced Hyundai Elantra insurance. They can either waste time driving around to get rate comparisons or utilize the internet to find the lowest rates.

There are both good and bad ways to buy car insurance and we’ll show you the absolute fastest way to quote coverages for your Hyundai and obtain the best price possible either online or from local insurance agents.

It’s a great practice to take a look at other company’s rates on a regular basis because prices tend to go up over time. Just because you found the lowest price for Elantra coverage a year ago other companies may now be cheaper. Ignore everything you know about car insurance because we’re going to demonstrate the easiest way to get good coverage at a lower rate.

Finding Insurance Coverage

Finding lower insurance coverage rates doesn’t have to be difficult. Drivers just need to spend a few minutes comparing rate quotes provided by online insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The fastest way to find the lowest comparison rates is a comparison rater form like this one (opens in new window). This form keeps you from doing separate quote forms for each company you want a rate for. A single, simple form gets you price quotes from all major companies. It’s definitely the quickest method.

A less efficient way to obtain and compare quotes online is spending the time to visit the website for each individual company to request a price quote. For instance, we’ll pretend you want comparison quotes from State Farm, Allstate and Geico. You would have to spend time on each company’s site and enter your policy data, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but compare identical information for each price quote. If you compare different deductibles it will be very difficult to truly determine the lowest rate.

How to reduce 2009 Hyundai Elantra insurance rates

Car insurance can cost a lot, buy you may qualify for discounts that you may not know about. Some discounts apply automatically when you purchase, but a few need to be specifically requested prior to getting the savings. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • Low Mileage Discounts – Keeping the miles down on your Hyundai can qualify you for a substantially lower rate.
  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can get savings of more than 20%.
  • Accident Forgiveness – Certain companies will forgive one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
  • Senior Discount – If you qualify as a senior citizen, you can possibly qualify for reduced rates for Elantra coverage.
  • College Student – Children who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Life Insurance – Larger companies have lower rates if you buy auto and life insurance together.

Consumers should know that most credits do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears all the discounts add up to a free policy, you won’t be that lucky. But any discount will cut your premiums.

For a list of insurance companies with the best auto insurance discounts, click here to view.

Why your Hyundai Elantra insurance rates may be high

An important part of buying insurance is that you know the factors that come into play when calculating your insurance rates. When you know what positively or negatively influences your rates enables informed choices that will entitle you to better insurance rates.

The list below includes some of the items insurance companies consider when setting prices.

  • Theft deterrents lower rates – Choosing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.
  • One company can mean more discounts – Some insurers give discounts to policyholders who carry more than one policy such as combining an auto and homeowners policy. This can amount to five, ten or even twenty percent. Even if you’re getting this discount it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible. Drivers may still find a better deal by insuring with multiple companies.
  • Discounts for married couples – Getting married can actually save you money when buying insurance. Having a significant other is viewed as being more mature than a single person and it’s proven that married couples file fewer claims.
  • Traffic citations inflate rates – Whether or not you get tickets impacts your car insurance rates tremendously. Drivers who don’t get tickets get better rates than bad drivers. Just one citation can bump up the cost by twenty percent. Drivers with serious tickets such as DUI or reckless driving are required to submit a SR-22 form to the state department of motor vehicles in order to continue driving.
  • Bump up deductibles to save – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Hyundai. A few examples of covered claims are collision with another vehicle, damage from fire, and windstorm damage. The deductibles are how much you are required to spend out-of-pocket before your insurance pays a claim. The higher the amount you have to pay, the less your company will charge you for insurance for Elantra coverage.
  • Where do you drive? – The higher the mileage driven in a year’s time the more you will pay for insurance. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Cars not used for work or commuting receive lower rates than those used for commuting. Improper usage on your Elantra may be costing you. Ask your agent if your insurance declarations sheet properly reflects the correct usage for each vehicle, because improper ratings can cost you money.
  • Men pay higher rates – Statistics demonstrate women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Both sexes have accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also get cited for more serious violations like reckless driving and DUI.
  • Do you have a high stress job? – Did you know your occupation can influence how much you pay for insurance? Occupations such as judges, architects and stock brokers are shown to have the highest rates attributed to high stress levels and lots of time spent at work. On the other hand, occupations like pilots, students and homemakers pay the least for Elantra coverage.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage, there really is no cookie cutter policy. Every situation is different.

Here are some questions about coverages that can aid in determining whether you could use an agent’s help.

  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does coverage extend to a rental car in a foreign country?
  • What is the difference between comprehensive and collision coverage?
  • Can I rate high risk drivers on liability-only vehicles?
  • If I drive on a suspended license am I covered?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is medical payments coverage?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered if my car is in a flood?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and may give you better protection.

Insurance coverage myths debunked

Consumers can’t ignore all the ads that promise big savings from the likes of Progressive, Allstate and Geico. They all seem to make the same claim that you’ll save big if you switch your coverage to them.

How does each company make almost identical claims?

All companies have a preferred profile for the driver that earns them a profit. A good example of a desirable insured might be between the ages of 40 and 55, owns a home, and has excellent credit. Any new insured who meets those qualifications will get the preferred rates and therefore will pay quite a bit less when switching companies.

Drivers who don’t meet this ideal profile will be quoted a more expensive rate and this can result in business going elsewhere. The ad wording is “people who switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can claim big savings.

This emphasizes why you need to get as many comparisons as possible. It’s not possible to predict which insurance companies will fit your personal profile best.

Coverages available on your insurance policy

Knowing the specifics of insurance helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Coverage for liability

Liability insurance provides protection from damage or injury you incur to other people or property that is your fault. This insurance protects YOU from legal claims by others, 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 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like loss of income, bail bonds and attorney fees. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as hitting a deer, damage from getting keyed, vandalism, hail damage and rock chips in glass. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2009 Hyundai Elantra.

Because many people 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 should not be overlooked. Most of the time these limits are similar to your liability insurance amounts.

Collision coverage protection

This covers damage to your Elantra resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a building, colliding with another moving vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses such as prosthetic devices, chiropractic care, pain medications and funeral costs. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Quote more. Save more.

Affordable 2009 Hyundai Elantra insurance can be purchased online and also from your neighborhood agents, and you should be comparing both to have the best selection. Some companies may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

We covered some good ideas how to reduce insurance prices online. The key thing to remember is the more providers you compare, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from a small local company.

While you’re price shopping online, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where an insured cut collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

More tips and info about insurance is located by following these links: