2016 Hyundai Elantra Insurance Quotes – 10 Tips for Cheaper Rates

Looking for better car insurance rates for your Hyundai Elantra? Having to pay for overpriced car insurance can take a big chunk out of your personal savings and put the squeeze on your family’s finances. Doing a price comparison is free, only takes a few minutes, and is a good way to tighten up your finances.

Big-name insurance companies like Geico and Progressive constantly blast consumers with fancy advertisements and it is challenging if not impossible to ignore the promise of big savings and find the best price available.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. Finding affordable coverage is not that difficult. But consumers do need to know the way insurance companies price online insurance and use this information to your advantage.

The quickest method to compare policy rates is to take advantage of the fact most larger insurance companies allow for online access to give free rates quotes. The only thing you need to do is provide the companies a bit of rating information such as if your license is active, if it has an anti-theft system, the type of vehicles you drive, and your job. That information is submitted instantly to multiple companies and they provide comparison quotes instantly to find the best rate.

Take these ten discounts and save

Auto insurance companies don’t always publicize all their discounts in a way that’s easy to find, so we researched some of the best known and also the lesser-known savings tricks you should be using.

  • Bundle and Save – When you have multiple policies with the same company you will save approximately 10% to 15%.
  • Good Student – This discount can earn a discount of 20% or more. The good student discount can last up until you turn 25.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Defensive Driver – Successfully completing a course in driver safety can save you 5% or more if your company offers it.
  • Passive Restraint Discount – Vehicles with factory air bags may earn rate discounts of 20% or more.
  • Save with a New Car – Insuring a new car can save up to 30% compared to insuring an older model.
  • E-sign – A handful of insurance companies may give you up to $50 simply for signing digitally online.
  • Homeowners Pay Less – Owning a house may earn you a small savings because of the fact that having a home requires personal responsibility.
  • Discount for Life Insurance – Companies who offer life insurance give a break if you buy a life insurance policy as well.

As a disclaimer on discounts, most credits do not apply the the whole policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, you won’t be that lucky.

A partial list of companies who might offer some of the above discounts include:

Double check with each company which discounts they offer. Some discounts might not be offered in your state.

Which policy gives me the best coverage?

When it comes to buying coverage for your vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can help discover if your situation would benefit from professional advice.

  • Can I still get insurance after a DUI?
  • Does insurance cover damages from a DUI accident?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I really need UM/UIM coverage?
  • Can I make deliveries for my home business?
  • Do I need motorclub coverage?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

The coverage is in the details

Knowing the specifics of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most auto insurance policies.

Liability car insurance

This coverage protects you from damage that occurs to other’s property or people. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for things like emergency aid, medical services and court costs. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Comprehensive auto insurance

This pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as vandalism, damage from a tornado or hurricane and hitting a bird. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

Collision coverage will pay to fix damage to your Elantra caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as rolling your car, sideswiping another vehicle, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers

This coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Hyundai Elantra.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like nursing services, ambulance fees and EMT expenses. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Affordable insurance is out there

Throughout this article, we presented quite a bit of information on how to lower your 2016 Hyundai Elantra insurance rates. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with the smaller companies. Smaller companies may only write in your state and offer lower rates than their larger competitors like Geico and State Farm.

When buying insurance coverage, do not reduce coverage to reduce premium. In many cases, someone sacrificed uninsured motorist or liability limits and discovered at claim time that the savings was not a smart move. The ultimate goal is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

For more information, link through to these articles: