2016 Hyundai Elantra Insurance Quotes – 10 Tips for Best Rates

Trying to find lower insurance rates for your Hyundai Elantra? Searching for low-cost insurance for a Hyundai Elantra could be a painful process, but you can follow a few tricks and make it easy.

There is a right way and a wrong way to shop for insurance so we’re going to tell you the best way to compare rates for a new or used Hyundai and obtain the best price possible.

It’s a great practice to take a look at other company’s rates periodically due to the fact that insurance rates go up and down regularly. Just because you had the best deal on Elantra insurance two years ago you can probably find a lower rate today. Starting right now, forget all the misinformation about insurance because you’re going to learn the only way to lower your annual insurance bill.

Free Quotes for Insurance

All major insurance companies give price estimates on their websites. Getting quotes is quite simple as you simply enter the coverage amounts you desire into the quote form. Once you submit the form, the system orders your driving record and credit report and returns pricing information based on these factors.

Being able to quote online makes comparing rates easy, but the work required to visit several different sites and fill out multiple forms can be a bit tiresome and repetitive. But it’s absolutely necessary to compare as many rates as possible if you want to find the lowest price.

There is a better way!

An easier way to find better insurance pricing utilizes a single form that gets prices from many companies. The form is fast, helps eliminate reptitive entry, and makes comparison shopping much more efficient. As soon as you send your information, it gets priced and you can select your choice of the resulting price quotes.

If a lower price is quoted, it’s easy to complete the application and purchase coverage. The whole process takes 15 minutes at the most and could lower your rates considerably.

To save time and compare rates using this form now, simply click here to open in new window and enter your vehicle and coverage information. If you currently have coverage, we recommend you duplicate deductibles and limits identical to your current policy. This makes sure you will get rate comparison quotes for exact coverage.

Do insurance companies bend the truth?

Consumers constantly see and hear ads for the lowest price auto insurance from companies such as State Farm, Allstate and Geico. All the companies make an identical promise that you’ll save big if you switch your policy.

But how can every company claim to save you money? It’s all in the numbers.

Different companies have a preferred profile for the type of driver that is profitable for them. For instance, a driver they prefer could possibly be between 25 and 40, has no driving citations, and drives less than 7,500 miles a year. A propective insured who matches those parameters will get the preferred rates and as a result will probably save when they switch companies.

Consumers who fall outside the requirements will be quoted more money and ends up with the customer not buying. The ad wording is “drivers who switch” not “everybody who quotes” save that much. That is how insurance companies can confidently claim big savings.

This emphasizes why it’s extremely important to get quotes from several different companies. It’s not possible to predict which insurance companies will provide you with the cheapest Hyundai Elantra insurance rates.

Discounts can save BIG

Insurance can cost an arm and a leg, but you can get discounts that can drop the cost substantially. Certain discounts will be applied at quote time, but less common discounts must be requested specifically prior to getting the savings. If you’re not getting every credit you qualify for, you are throwing money away.

  • Multi-policy Discount – When you have multiple policies with the same insurance company you will save approximately 10% to 15%.
  • Payment Method – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
  • Low Mileage – Driving fewer miles can earn discounted rates on garaged vehicles.
  • Student in College – Children living away from home attending college and don’t have a car can be insured at a reduced rate.
  • Student Driver Training – Have your child complete a driver education course in school.
  • Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts as compared to bad drivers.
  • Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less on Elantra insurance than drivers with accident claims.
  • Military Discounts – Having a family member in the military can result in better rates.

It’s important to note that most discount credits are not given to your bottom line cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you would end up receiving a 100% discount, you won’t be that lucky. Any qualifying discounts will bring down the cost of coverage.

Insurance companies that may have these discounts are:

It’s a good idea to ask every prospective company which discounts they offer. Savings may not apply in your area.

Will just any policy work for me?

When it comes to choosing adequate coverage, there isn’t really a cookie cutter policy. Every situation is different.

Here are some questions about coverages that could help you determine if your situation may require specific advice.

  • Is my teenager covered with friends in the car?
  • Is my 2016 Hyundai Elantra covered for flood damage?
  • Is my dog or cat covered if injured in an accident?
  • Should I sign the liability waiver when renting a car?
  • How does medical payments coverage work?
  • Should I bundle my homeowners policy with my auto?
  • Is pleasure use cheaper than using my 2016 Hyundai Elantra to commute?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Car insurance coverage information

Learning about specific coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Liability car insurance

Liability insurance will cover damage that occurs to people or other property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like medical expenses, loss of income and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive auto coverage

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hitting a bird, vandalism, theft, damage from getting keyed and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage protection

Collision insurance pays for damage to your Elantra from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as crashing into a building, sustaining damage from a pot hole, colliding with a tree, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for expenses for chiropractic care, prosthetic devices, dental work and doctor visits. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

More effort can pay off

We just presented a lot of techniques to lower your 2016 Hyundai Elantra insurance rates. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from a lesser-known regional company.

As you prepare to switch companies, don’t be tempted to buy poor coverage just to save money. There are many occasions where someone dropped collision coverage only to find out that they should have had better coverage. Your goal should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

Cheap insurance can be bought on the web in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis. Some companies do not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

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