2015 Hyundai Elantra GT Car Insurance Cost

Scraping up a payment for overpriced Hyundai Elantra GT insurance can overdraw your savings account and make it impossible to make ends meet. Shopping your coverage around is a great way to make sure you’re not throwing money away.

Consumers have many car insurance companies to pick from, and even though it’s nice to have a selection, having more car insurance companies makes it harder to find the best rates for your vehicles.

You should make it a habit to price shop coverage once or twice a year because prices fluctuate regularly. If you had the best rates on Elantra GT insurance a couple years back you will most likely find a better rate today. Starting right now, ignore everything you know about car insurance because you’re going to get a crash course in the proper way to lower your annual insurance bill.

Do you qualify for a discount?

Auto insurance companies don’t necessarily list every discount very well, so we took the time to find both well-publicized and the more hidden ways to save on car insurance.

  • Good Student – Performing well in school can get you a discount of up to 25%. The good student discount can last up until you turn 25.
  • Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more on Elantra GT insurance than drivers with accidents.
  • Resident Student – Any of your kids who live away from home and do not have access to a covered vehicle can receive lower rates.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education in high school.
  • Accident Free – Drivers with accident-free driving histories pay much less when compared with bad drivers.
  • Sign Online – Some insurance companies may give you up to $50 for buying a policy and signing up digitally online.

As a disclaimer on discounts, most credits do not apply the the whole policy. Some only reduce specific coverage prices like comp or med pay. Even though it may seem like you could get a free car insurance policy, it just doesn’t work that way.

A partial list of companies that possibly offer some of the above discounts include:

Before buying, ask every prospective company what discounts are available to you. Some discounts might not be offered in every state.

How to Get Insurance Coverage Comparison Quotes

When shopping for insurance coverage there are multiple ways of comparing rates from local insurance coverage companies. The best method to find competitive 2015 Hyundai Elantra GT insurance rates is simply to get online rate quotes. This can be done using a couple different methods.

  1. The best way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This form eliminates the need for multiple quote forms to each individual insurance coverage company. One simple form compares rates direct from many companies.
  2. A more time consuming way to analyze rates is to manually visit the website of each company to complete a price quote. For instance, we’ll assume you want rates from State Farm, Liberty Mutual and Geico. To find out each rate you need to go to every website 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 your choice how you get your quotes, but ensure you are comparing the exact same coverage limits with each company. If you have different liability limits it will be next to impossible to decipher which rate is best. Just a small difference in insurance coverages can make a big difference in price. Just remember that quoting more gives you a better chance of getting lower pricing.

Lesser-known factors impacting Hyundai Elantra GT insurance rates

Smart consumers have a good feel for some of the elements that help determine your insurance coverage rates. When you know what positively or negatively influences your rates enables informed choices that may reward you with lower insurance coverage prices.

The following are some of the items insurance coverage companies consider when setting rates.

  • Do you know your deductibles? – Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Hyundai. Examples of covered claims could be collision with another vehicle, damage from fire, or theft. Physical damage deductibles are how much you are required to spend in the event of a claim. The more you’re willing to pay, the less your company will charge you for insurance on Elantra GT insurance.
  • Extra add-on coverages are wasting money – There are quite a few extra coverages that you can get tricked into buying when buying insurance coverage. Things like roadside assistance, accidental death and term life insurance may be wasting your money. They may seem like a good idea initially, but if they’re wasting money remove them from your policy.
  • Do men or women drive better? – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women are in accidents at a similar rate, but men cause more damage. Men also receive more costly citations like reckless driving and DUI. Teenage male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Older drivers save more – Youthful drivers are known to be more careless when driving so insurance coverage rates are higher. Having to add a youthful driver onto a policy can break the bank. More mature drivers are viewed as being more responsible, tend to file fewer claims and receive fewer citations.
  • A lapse in coverage is a bad thing – Having an insurance coverage lapse is a sure-fire way to increase your insurance coverage rates. Not only will you pay more, getting caught without coverage can result in a hefty fine and possibly a revoked license.

What coverages do I need?

When buying proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. For example, these questions may help highlight whether you would benefit from an agent’s advice.

  • Are split liability limits better than a combined single limit?
  • Am I covered if I crash into my own garage door?
  • Am I missing any policy discounts?
  • Why do I only qualify for high-risk insurance?
  • What vehicles should carry emergency assistance coverage?
  • If my 2015 Hyundai Elantra GT is totaled, can I afford another vehicle?
  • When should I not file a claim?
  • Should I drop comprehensive coverage on older vehicles?
  • Why does it cost so much to insure a teen driver?
  • Am I insured when driving a different vehicle?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Is there truth in advertising?

Auto insurance providers like Allstate, Geico and Progressive continually stream ads on television and other media. They all make an identical promise that you can save after switching your policy. How do they all say the same thing? It’s all in the numbers.

All the different companies have a preferred profile for the driver that earns them a profit. A good example of a driver they prefer might be a mature driver, owns a home, and drives less than 7,500 miles a year. Any driver who matches those parameters will get the preferred rates and most likely will pay quite a bit less when switching companies.

Potential customers who don’t qualify for this ideal profile will have to pay higher rates which usually ends up with business going elsewhere. Company advertisements say “customers that switch” not “everybody who quotes” save that much. This is how insurance companies can make the claims of big savings. Because of the profiling, drivers must compare as many rates as you can. Because you never know which insurance companies will give you the biggest savings on Hyundai Elantra GT insurance.

Auto insurance 101

Understanding the coverages of your policy can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages offered by insurance companies.

Collision coverage – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, driving through your garage door, rolling your car and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 2015 Hyundai Elantra GT.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive insurance – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, damage from a tornado or hurricane and fire damage. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for immediate expenses for things like prosthetic devices, hospital visits, chiropractic care, doctor visits and dental work. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

Liability coverage – Liability insurance will cover damage that occurs to other people or property in an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability insurance covers things like pain and suffering, loss of income, bail bonds and funeral expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Online plus local equals savings

The cheapest 2015 Hyundai Elantra GT insurance can be bought both online as well as from independent agents, and you should compare price quotes from both so you have a total pricing picture. Some insurance companies don’t offer online quoting and most of the time these small, regional companies sell through independent agents.

In this article, we presented many ideas to save on insurance. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from the smaller companies. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate or State Farm.

More detailed auto insurance information can be found at these sites: