Compare 2002 Hyundai Elantra Car Insurance Quotes

Searching for the cheapest insurance rates for your Hyundai Elantra? Tired of scraping the payment together to pay your car insurance bill each month? You are in the same boat as many other drivers.

With consumers having so many online and local companies to choose from, it’s nearly impossible to find the best insurer.

Locating more affordable car insurance is not that difficult. Basically, everyone who carries car insurance will most likely be able to cut their insurance bill. Nevertheless, vehicle owners need to have an understanding of how insurance companies price online insurance because it can help you find the best coverage.

Do you qualify for discounts?

Insuring your fleet can be pricey, but you can get discounts to cut the cost considerably. A few discounts will automatically apply when you complete an application, but less common discounts must be inquired about in order for you to get them.

  • Defensive Driver – Taking a course in driver safety could save 5% or more depending on where you live.
  • Sign Online – A handful of insurance companies will discount your bill up to fifty bucks simply for signing online.
  • Discount for New Cars – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same company you will save approximately 10% to 15%.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less for Elantra insurance than less cautious drivers.
  • Life Insurance Discount – Companies who offer life insurance give a break if you buy life insurance from them.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies before your current policy expires. It can save you around 10%.
  • Passive Restraints and Air Bags – Factory air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Senior Citizens – Older drivers may qualify for a small decrease in premiums for Elantra insurance.

It’s important to note that most credits do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way. But all discounts will reduce the cost of coverage.

Car insurance companies that possibly offer these money-saving discounts may include but are not limited to:

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

These factors can influence Hyundai Elantra insurance rates

Consumers need to have an understanding of the different types of things that go into determining insurance coverage rates. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to better insurance coverage rates.

  • More than one policy can earn a discount – Most insurance companies will give a discount to insureds who have multiple policies with them. It’s known as a multi-policy discount. Discounts can be 10 percent or more. Even with this discount, you may still want to compare rates to ensure the best deal.
  • Occupation reflects on rates – Occupations like real estate brokers, social workers and dentists tend to pay the highest average rates because of high stress and lots of time spent at work. Other professions such as scientists, historians and retirees have the lowest average rates for Elantra insurance.
  • Poor credit can mean higher rates – Credit score is a important factor in determining what you pay for insurance coverage. So if your credit is lower than you’d like, you could potentially save money when insuring your 2002 Hyundai Elantra by spending a little time repairing your credit. Drivers who have high credit scores tend to be better drivers and file fewer claims than those with poor credit.
  • Poor driving leads to higher costs – A bad driving record impacts your car insurance rates tremendously. Careful drivers tend to pay less for car insurance compared to drivers with tickets. Even a single ticket can boost insurance rates forty percent or more. If you have flagrant violations like reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 form with their state motor vehicle department in order to keep their license.
  • Safer cars cost less to insure – Safer cars tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If the Hyundai Elantra is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Don’t skimp on liability – Liability insurance is the protection if ever you are found liable for damages caused by your negligence. Liability provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • More miles equals more premium – The more miles you rack up on your Hyundai in a year’s time the higher your rate. Most companies charge to insure your cars based on their usage. Autos left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Make sure your insurance coverage policy properly reflects how each vehicle is driven, because it can save money. If your policy improperly rates your Elantra may be wasting your money.

Don’t assume everyone needs the same coverage

When it comes to choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that might point out if your insurance needs might need an agent’s assistance.

  • Does coverage extend to Mexico or Canada?
  • What is PIP insurance?
  • How high should my medical payments coverage be?
  • When would I need additional glass coverage?
  • Why am I required to buy liability insurance?
  • Do I need roadside assistance coverage?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I have coverage when pulling a U-Haul trailer?
  • Exactly who is provided coverage by my policy?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Insurance coverage basics

Learning about specific coverages of a insurance policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on most insurance policies.

Liability coverage – This coverage will cover damages or injuries you inflict on a person or their property by causing an accident. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as emergency aid, medical expenses, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Comprehensive insurance – This covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as falling objects, rock chips in glass, hail damage, theft and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for medical expenses – Med pay and PIP coverage provide coverage for short-term medical expenses for things like rehabilitation expenses, hospital visits, doctor visits and dental work. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers – This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Normally these limits are identical to your policy’s liability coverage.

Collision coverages – This covers damage to your Elantra caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as hitting a parking meter, rolling your car and driving through your garage door. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

More quotes. Lower rates.

When buying insurance coverage, it’s not a good idea to skimp on coverage in order to save money. There have been many cases where someone sacrificed physical damage coverage to discover at claim time that they should have had better coverage. Your focus should be to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

Affordable 2002 Hyundai Elantra insurance can be found online and with local insurance agents, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who do not offer online quoting and most of the time these small, regional companies sell through independent agents.

We’ve covered many tips how you can reduce insurance prices online. The key concept to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the best price on car insurance is with an unexpected company. They can often provide lower rates in certain areas than their larger competitors like Progressive and Geico.

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