2012 Hyundai Equus Insurance Quotes – 8 Ideas for Best Rates

Shoppers have options when shopping for low-cost Hyundai Equus insurance. You can either spend your time contacting agents to get rate comparisons or leverage the internet to compare rates. There are more efficient ways to compare car insurance rates and we’ll show you the quickest way to quote coverages on a Hyundai and get the lowest possible price from both online companies and local agents.

Car Insurance Comparison Rates

Finding cheaper 2012 Hyundai Equus car insurance prices can be surprisingly simple. All that’s required is to take time to compare rate quotes online with multiple companies. This is very easy and can be done in several different ways.

  1. One of the best ways to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This easy form saves time by eliminating a different quote for each company you want a rate for. One simple form will get you rate comparisons from several companies. It’s the fastest way to compare.
  2. A different way to get quotes online is going to each company website and request a quote. For instance, we’ll pretend you want to compare Progressive, Allstate and State Farm. You would have to spend time on each company’s site to enter your coverage information, which is why the first method is more popular.

    To view a list of companies in your area, click here.

It doesn’t matter which method you choose, just be sure to compare exactly the same deductibles and coverage limits on every quote you get. If you enter differing limits it will be impossible to decipher which rate is best.

Can switching companies really save?

Consumers can’t get away from ads for cheaper car insurance by companies like Allstate and Progressive. All the companies have a common claim of big savings if you move to them.

How does each company make almost identical claims? It’s all in the numbers.

All companies can use profiling for the type of customer they prefer to insure. For instance, a preferred risk might be profiled as a mature driver, owns a home, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications gets the lowest rates and therefore will cut their rates substantially.

Potential insureds who fall outside the “perfect” profile must pay higher rates and ends up with the customer not buying. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. That’s why companies can truthfully state the savings. This illustrates why it’s extremely important to get as many comparisons as possible. You cannot predict the company that will fit your personal profile best.

Discounts to lower 2012 Hyundai Equus insurance rates

Companies don’t always advertise all their discounts very well, so we took the time to find some of the more common and the more hidden discounts you could be receiving. If you don’t get every credit available, you are throwing money away.

  • Defensive Driver – Completing a defensive driving course could cut 5% off your bill and easily recoup the cost of the course.
  • Discount for Swiching Early – Some insurance companies reward drivers for buying a policy prior to your current policy expiration. The savings is around 10%.
  • Senior Discount – If you qualify as a senior citizen, you may receive a small decrease in premiums for Equus coverage.
  • Good Students Pay Less – Performing well in school can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Multiple Vehicles – Having multiple vehicles with the same company may reduce the rate for each vehicle.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out life insurance from them.
  • Paperwork-free – Some insurance companies give back up to $50 just for signing your application on their website.

A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

Car insurance companies who might offer these money-saving discounts include:

Before buying, ask every prospective company what discounts are available to you. Some discounts might not apply everywhere.

Tailor your coverage to you

When it comes to buying the best auto insurance coverage, there isn’t really a perfect coverage plan. Every situation is different.

Here are some questions about coverages that might point out whether or not you would benefit from an agent’s advice.

  • Should I drop comprehensive coverage on older vehicles?
  • How does medical payments coverage work?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my teen driver covered when they drive my company car?
  • What vehicles should carry emergency assistance coverage?
  • Does my car insurance cover rental cars?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form. It is quick, free and can help protect your family.

Coverage specifics

Having a good grasp of your policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Collision insurance

Collision insurance covers damage to your Equus resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like driving through your garage door, damaging your car on a curb and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as prosthetic devices, chiropractic care and pain medications. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Auto liability insurance

Liability insurance provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 which means $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.

Liability coverage protects against claims such as attorney fees, repair costs for stationary objects, emergency aid and funeral expenses. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Comprehensive coverage (or Other than Collision)

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like theft, vandalism, damage from flooding and damage from a tornado or hurricane. The maximum payout a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Buy online or local, you save

Throughout this article, we presented some good ideas how to save on 2012 Hyundai Equus insurance. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. Consumers could even find that the best prices are with the smaller companies.

Lower-priced insurance can be found from both online companies and also from your neighborhood agents, and you should be comparing both to get a complete price analysis. Some insurance providers may not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

Consumers leave their current company for any number of reasons including policy non-renewal, denial of a claim, being labeled a high risk driver or high rates after DUI convictions. It doesn’t matter why you want to switch finding a great new company can be less work than you think.

More tips and info about auto insurance is located in these articles: