2003 Hyundai Sonata Car Insurance Quotes – 7 Policy Discounts

Are you sick and tired of scraping the payment together to buy car insurance? Your situation is no different than many other drivers.

Online insurance companies like Geico, 21st Century and Progressive promote their brand names with fancy advertisements and it is difficult to ignore the propoganda and do the work needed to find the best deal.

If you are paying for car insurance now, you will be able to cut costs considerably using this information. Finding affordable coverage is not that difficult. But vehicle owners must know how the larger insurance companies price insurance differently and apply this information to your search.

How to Get Cheap Car Insurance

The are a couple different ways to get quotes from different insurance companies. By far the easiest way to compare 2003 Hyundai Sonata insurance prices consists of shopping online. This can be done in a couple of different ways.

The first (and easiest) way to find low rates would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for multiple quote forms to each individual car insurance company. In just a few minutes this one form will get you rate comparisons from all major companies.

A slightly less efficient method to get quotes online requires you to visit the website of each company to complete their respective quote request forms. For sake of this example, we’ll pretend you want to compare Liberty Mutual, Progressive and Travelers. To get each rate you have to go to every website and enter your policy data, and that’s why the first method is more popular.

For a list of links to insurance companies in your area, click here.

Which method you use is up to you, but make darn sure you compare apples-to-apples coverages on every quote. If your comparisons have different deductibles it will be very difficult to make an equal comparison. Just a small difference in coverages may cause a big price difference. And when quoting car insurance, remember that comparing more company’s prices helps locate the best price.

Is there deception in advertising?

Auto insurance companies such as Progressive, Allstate and Geico constantly bombard you with ads on TV and radio. They all seem to make an identical promise that you can save if you switch to them. How do they all say the same thing?

Insurance companies have a preferred profile for the right customer that earns them a profit. An example of a preferred risk could be over the age of 50, has no tickets, and drives less than 7,500 miles a year. Any driver who fits that profile will get very good rates and therefore will save when switching.

Potential customers who do not match the requirements will have to pay higher rates and ends up with the driver buying from a lower-cost company. The ads state “drivers who switch” but not “drivers who get quotes” save that much. This is how companies can truthfully advertise the way they do. Because of the profiling, it is so important to get as many comparisons as possible. You cannot predict which insurance companies will provide you with the cheapest Hyundai Sonata insurance rates.

Lots of discounts mean lots of savings

Car insurance companies don’t always advertise every available discount in a way that’s easy to find, so here is a list both the well known and also the lesser-known savings tricks you should be using.

  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks with the same company can get a discount on all vehicles.
  • Save over 55 – Mature drivers may qualify for reduced rates on Sonata coverage.
  • Early Signing – Select companies give a discount for buying a policy prior to your current policy expiring. This can save 10% or more.
  • Discounts for Safe Drivers – Insureds without accidents may save up to 50% more on Sonata coverage than their less cautious counterparts.
  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt can save 10% or more off your PIP or medical payments premium.

Drivers should understand that most of the big mark downs will not be given to all coverage premiums. Some only reduce specific coverage prices like medical payments or collision. So even though it sounds like you can get free auto insurance, you’re out of luck.

Car insurance companies that may offer some of the above discounts include:

It’s a good idea to ask all companies you are considering which discounts they offer. Discounts might not be offered in your area.

Situations that might require an agent

When buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. For example, these questions might help in determining if your insurance needs may require specific advice.

  • What if I total my 2003 Hyundai Sonata and owe more than it’s worth?
  • What are the financial responsibility laws in my state?
  • Should I drop comprehensive coverage on older vehicles?
  • How can I find cheaper teen driver insurance?
  • How do I buy GAP insurance?
  • Do I need PIP (personal injury protection) coverage in my state?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance coverages

Knowing the specifics of your policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages found on the average insurance policy.

Coverage for medical expenses – Med pay and PIP coverage provide coverage for bills for things like prosthetic devices, surgery, chiropractic care and funeral costs. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Collision – Collision insurance covers damage to your Sonata resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like colliding with another moving vehicle, sustaining damage from a pot hole, driving through your garage door, damaging your car on a curb and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Comprehensive insurance – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like fire damage, vandalism, falling objects and a broken windshield. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability – This protects you from damage or injury you incur to a person or their property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for 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. You might see liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims like repair costs for stationary objects, attorney fees, structural damage and medical services. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Coverage for uninsured or underinsured drivers – This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2003 Hyundai Sonata.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

The best insurance company isn’t always the cheapest

Budget-conscious 2003 Hyundai Sonata insurance can be found online and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and these smaller companies work with independent agents.

You just read some good ideas how to save on insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the most savings is with an unexpected company. Some small companies can often insure niche markets at a lower cost compared to the large companies like State Farm and Allstate.

Additional detailed information is available in the articles below: