2014 Hyundai Genesis Coupe Insurance Quotes – 6 Savings Tips

Trying to find the cheapest car insurance rates for your Hyundai Genesis Coupe? Have you had enough of robbing Peter to pay Paul to buy car insurance? You are no different than many other drivers. With consumers having so many car insurance companies to choose from, it is very difficult to find the best provider.

Compare the Market for Car Insurance

Comparing car insurance rates is a ton of work if you aren’t aware of the best way to get rate quotes. You can waste hours discussing policy coverages with local insurance agents in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Most major companies participate in an industry program where insurance shoppers enter their coverage request one time, and each company returns a rated price determined by their information. This saves time by eliminating form submissions for each company you want a rate for. To find out how much you’re overpaying now click here to start a free quote.

The one disadvantage to pricing coverage this way is that you can’t choose which carriers you want pricing from. So if you prefer to choose individual companies to compare, we have a page of car insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just double check that you are using the exact same coverage limits for every company. If the quotes have higher or lower deductibles it will be next to impossible to determine the best price for your Hyundai Genesis Coupe.

Cut prices on Hyundai Genesis Coupe insurance

Companies don’t always list every discount in a way that’s easy to find, so we researched some of the more common as well as the least known discounts you could be receiving. If you aren’t receiving every discount possible, you are throwing money away.

  • Homeowners Discount – Owning a house can help you save on auto insurance because owning a home requires personal responsibility.
  • Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
  • No Claims – Drivers who don’t have accidents pay much less compared to bad drivers.
  • Save with a New Car – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Paperwork-free – A handful of insurance companies will give a small break for buying your policy digitally online.
  • Distant Student – Any of your kids who live away from home without a vehicle on campus can receive lower rates.

It’s important to understand that some credits don’t apply to the entire policy premium. Some only reduce the cost of specific coverages such as medical payments or collision. Just because you may think you can get free auto insurance, companies wouldn’t make money that way.

A partial list of companies that may offer these discounts include:

It’s a good idea to ask every prospective company how you can save money. Some discounts might not be offered in your area.

Tailor your coverage to you

When buying adequate coverage, there really is no one size fits all plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions might point out whether you might need an agent’s assistance.

  • How does medical payments coverage work?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • What is UM/UIM insurance?
  • Which companies will insure high-risk drivers?
  • Should I put collision coverage on all my vehicles?
  • Can I make deliveries for my home business?
  • What is covered by UM/UIM coverage?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

Educate yourself about auto insurance coverages

Understanding the coverages of your auto insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the normal coverages available from auto insurance companies.

Comprehensive coverage (or Other than Collision)

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as rock chips in glass, damage from getting keyed, vandalism and a broken windshield. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses for nursing services, hospital visits, surgery and X-ray expenses. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability car insurance

Liability coverage will cover damage or injury you incur to a person or their property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like repair costs for stationary objects, court costs, pain and suffering and legal defense fees. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Collision protection

This coverage covers damage to your Genesis Coupe from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as backing into a parked car, crashing into a building, sustaining damage from a pot hole, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2014 Hyundai Genesis Coupe.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage on a shoestring budget

As you go through the steps to switch your coverage, it’s not a good idea to buy poor coverage just to save money. There are too many instances where consumers will sacrifice collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at a price you can afford.

Affordable 2014 Hyundai Genesis Coupe insurance can be found on the web and with local insurance agents, so compare prices from both to get a complete price analysis. There are still a few companies who do not offer online price quotes and most of the time these small, regional companies sell through independent agents.

Much more information about auto insurance is located below: