1997 Hyundai Elantra Insurance Cost – 10 Policy Discounts

Purchasing the lowest cost auto insurance online can seem to be problematic for beginners to online price comaprisons. With such a large number of insurers to choose from, how can you even start to compare every company to locate the best available price?

You need to do rate comparisons yearly since rates trend upward over time. Just because you found the best rates for Elantra insurance last year you will most likely find a better rate today. Don’t believe everything you read about auto insurance on the web, but with this article, you’re going to get some excellent ideas to save money.

How to Get Cheap Insurance

All major insurance companies quote prices for coverage online. Getting online rates doesn’t take much effort as you just enter your coverage information as detailed in the form. After the form is submitted, the system orders your credit score and driving record and provides a quote determined by many factors.

Quoting online streamlines rate comparisons, but the time it takes to visit many different websites and complete many quote forms is repetitive and time-consuming. Unfortunately, it is important to do this if you want to find better insurance pricing.

There is a better way to compare rates

The easiest way to get multiple rate quotes makes use of a single form that obtains quotes from a bunch of companies at once. It saves time, reduces the work, and makes online shopping a lot less work. Once the form is submitted, it is quoted with multiple companies and you can pick your choice of the quotes that you receive.

If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. This process just takes a couple of minutes and may save quite a bit of money.

To save time and fill out one form to compare multiple rates now, simply click here to open in new window and enter your information. If you currently have coverage, we recommend you replicate the coverage information exactly as shown on your declarations page. This guarantees you will receive a fair comparison based on similar coverages.

Do you qualify for a discount?

Insurance can be prohibitively expensive, but there are discounts available to cut the cost considerably. Certain discounts will be triggered automatically when you quote, but lesser-known reductions have to be asked about before you will receive the discount.

  • Driver Safety – Successfully completing a course in driver safety can save you 5% or more if you qualify.
  • Anti-theft System – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • E-sign – Certain companies may give you up to $50 simply for signing on their website.
  • 55 and Retired – Mature drivers may receive a discount up to 10% for Elantra insurance.
  • Employee of Federal Government – Simply working for the federal government could cut as much as 10% off for Elantra insurance depending on your company.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Elantra insurance than drivers with accident claims.
  • Memberships – Affiliation with a professional or civic organization is a good way to get lower rates when shopping for insurance coverage for Elantra insurance.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class in high school.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
  • Braking Control Discount – Vehicles with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. Most only reduce specific coverage prices like collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous. But any discount will bring down your overall premium however.

For a list of insurers offering insurance coverage discounts, click here.

What coverages do I need?

When it comes to buying adequate coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique.

For instance, these questions might point out if you would benefit from professional advice.

  • Do I get a pro-rated refund if I cancel my policy early?
  • Should I sign the liability waiver when renting a car?
  • What discounts do I qualify for?
  • How do I buy GAP insurance?
  • Am I covered by my spouse’s policy after a separation?
  • Should I bundle my homeowners policy with my auto?
  • How can I force my company to pay a claim?
  • When should I not file a claim?
  • How much liability insurance is required?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form.

Advertising myths

Auto insurance providers like Allstate and Progressive regularly use ads on television and other media. They all make an identical promise about savings if you move to their company. How can each company make almost identical claims? This is how they do it.

All the different companies can use profiling for the type of driver that makes them money. A good example of a profitable customer could be between the ages of 40 and 55, has no tickets, and has great credit. Any new insured who matches those parameters will get very good rates and most likely will pay quite a bit less when switching companies.

Potential customers who do not match these standards will be charged higher prices and this can result in business going elsewhere. The ads state “customers who switch” but not “drivers who get quotes” save money. This is how insurance companies can claim big savings.

That is why it is so important to quote coverage with many companies. It’s not possible to predict which company will have the lowest Hyundai Elantra insurance rates.

Auto insurance 101

Having a good grasp of your auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Comprehensive protection – This pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like falling objects, hail damage, rock chips in glass and hitting a deer. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like nursing services, pain medications, prosthetic devices, funeral costs and doctor visits. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision – This will pay to fix damage to your Elantra resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as scraping a guard rail, sustaining damage from a pot hole, colliding with a tree and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Liability auto insurance – This can cover damage or injury you incur to people or other property. Liability coverage has 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 liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 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 insurance covers claims like repair costs for stationary objects, court costs, attorney fees, emergency aid and funeral expenses. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

In conclusion

When buying insurance coverage, you should never skimp on critical coverages to save a buck or two. There have been many cases where someone dropped uninsured motorist or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase plenty of coverage at an affordable rate while still protecting your assets.

Cost effective 1997 Hyundai Elantra insurance is definitely available both online as well as from independent agents, and you need to price shop both in order to have the best chance of saving money. Some insurance providers don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

You just learned some good ideas how you can lower your insurance rates. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even find the most savings is with some of the smallest insurance companies.

To read more, feel free to browse these articles: