Lower Your 2001 Hyundai Accent Car Insurance Rates

Searching for cheaper auto insurance rates? Consumers have lots of choices when looking for the best price on Hyundai Accent insurance. They can either waste time struggling with agents getting price quotes or save time using the internet to make rate comparisons.

There is a right way and a wrong way to buy auto insurance so you’re going to learn the best way to quote coverages for a new or used Hyundai and locate the best price possible.

Smart consumers take time to compare prices on a regular basis because prices tend to go up over time. If you had the best deal on Accent insurance last year you can probably find a better price now. Starting right now, forget all the misinformation about auto insurance because I’m going to teach you how to quote online to remove unneeded coverages and save money.

This information will instruct you on how to effectively get price quotes and some tricks to saving. If you currently have car insurance, you will most likely be able to cut costs considerably using this information. Drivers just need to know the tricks to shop on the web.

Are you getting all your discounts?

Car insurance is not cheap, but there are discounts available to help offset the cost. Larger premium reductions will be automatically applied when you quote, but lesser-known reductions have to be specifically requested in order for you to get them. If they aren’t giving you every credit you qualify for, you are throwing money away.

  • Save over 55 – Mature drivers may receive better insurance coverage rates on Accent insurance.
  • New Car Discount – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • Homeowners Discount – Simply owning a home can help you save on insurance coverage because owning a home is proof that your finances are in order.
  • Life Insurance Discount – Companies who offer life insurance give a discount if you purchase auto and life insurance together.
  • Accident Waiver – Certain companies permit an accident before your rates go up as long as you don’t have any claims prior to the accident.
  • Discount for Good Grades – This discount can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Low Mileage Discounts – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.

Keep in mind that most discount credits are not given to your bottom line cost. Some only reduce individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears it’s possible to get free car insurance, you won’t be that lucky. Any amount of discount will reduce the amount you have to pay.

Insurance companies that may have these benefits include:

It’s a good idea to ask every prospective company how you can save money. Savings may not be available in your state.

How to Compare Auto Insurance Costs

Finding lower auto insurance rates is a fairly straight forward process. All that’s required is to invest a few minutes comparing rate quotes provided by online insurance companies. This can be accomplished in several different ways.

The recommended way to find low rates is a comparison rater form like this one (opens in new window). This form eliminates the need for separate quote forms to each individual auto insurance company. Just one form will return price quotes from multiple companies.It’s the quickest way to get rates.

A harder way to compare prices consists of visiting each company’s website to complete their respective quote request forms. For example, we’ll assume you want to compare rates from Farmers, Safeco and Travelers. To get rate quotes you would need to take the time to go to each site to input your insurance information, which is why the first method is quicker. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but make absolute certain that you use identical coverage information on every quote you get. If you are comparing mixed coverages it’s impossible to decipher which rate is best.

Factors determining your Hyundai Accent insurance premium

Smart consumers have a good feel for some of the elements that go into determining the rates you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that may reward you with better auto insurance rates.

Listed below are a partial list of the pieces used by your company to calculate rates.

  • Where do you drive? – The higher the mileage driven in a year the higher your rates will be. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars and trucks left parked in the garage get more affordable rates than vehicles that are driven to work every day. If your policy improperly rates your Accent may be wasting your money. Make sure your auto insurance declarations sheet properly reflects the correct usage for each vehicle.
  • Rates may be higher depending on your occupation – Did you know your auto insurance rates can be affected by your occupation? Occupations such as real estate brokers, social workers and stock brokers tend to have the highest rates because of job stress and long work hours. On the other hand, occupations like actors, students and homemakers receive lower rates on Accent insurance.
  • An active claims history can cost you – Auto insurance companies provide better rates to people who file claims infrequently. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
  • Don’t cancel a policy without a new one in place – Driving with no insurance is a misdemeanor and you will pay a penalty because you let your coverage have a gap. Not only will you pay more, but not being able to provide proof of insurance can result in a revoked license or a big fine.
  • Consolidate policies to earn discounts – The majority of insurance companies provide better rates to policyholders who consolidate policies with them. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even if you’re getting this discount you still need to shop around to make sure you are getting the best deal. Consumers may find better rates by insuring with multiple companies.
  • How’s your driving record? – Drivers who don’t get tickets get better rates than bad drivers. Even one citation can bump up the cost twenty percent or more. Drivers who get serious violations such as DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
  • What are your deductibles? – The deductibles define the amount you are willing to pay in the event of a claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, insures against damage to your car. Examples of covered claims could be running into the backend of another car, collision with an animal, and burglary. The more expense you’re willing to pay, the less your company will charge you for insurance on Accent insurance.

When might I need an agent?

When it comes to choosing adequate coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is unique.

These are some specific questions may help highlight if your insurance needs will benefit from professional help.

  • Is business property covered if stolen from my car?
  • Am I covered if I drive in a foreign country?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Should I buy only the required minimum liability coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I need to file an SR-22 for a DUI in my state?
  • What are the best liability limits?
  • Does my policy cover me when driving someone else’s vehicle?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It only takes a few minutes and may give you better protection.

Coverage specifics

Having a good grasp of a auto insurance policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as scraping a guard rail, driving through your garage door and crashing into a building. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for ambulance fees, pain medications and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available and may carry a deductible

UM/UIM Coverage

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Hyundai Accent.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability

Liability insurance provides protection from damage that occurs to other people or property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that translate to $50,000 in coverage for each person’s 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 which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like attorney fees, loss of income, repair costs for stationary objects and pain and suffering. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like falling objects, theft and hitting a deer. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

You can do this!

We just covered many tips how you can compare 2001 Hyundai Accent insurance prices online. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the biggest savings come from a company that doesn’t do a lot of advertising.

People leave their current company for a variety of reasons including denial of a claim, delays in paying claims, policy non-renewal and even policy cancellation. Whatever your reason, switching companies can be pretty painless.

When shopping online for auto insurance, you should never buy lower coverage limits just to save a few bucks. There have been many cases where someone dropped uninsured motorist or liability limits and discovered at claim time that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at a price you can afford while still protecting your assets.

To learn more, feel free to browse the resources below: