2010 Hyundai Accent Car Insurance Rates

Using the web to shop for insurance coverage might seem complicated at first if you are a beginner to online price comparisons. But don’t let that discourage you because it’s actually quite easy.

You should take the time to compare rates occasionally because rates trend upward over time. Even if you think you had the best price for Accent coverage six months ago a different company probably has better rates today. Ignore everything you know about insurance coverage because you’re about to learn the things you must know in order to buy cheaper insurance coverage.

Hyundai Accent rates influenced by many factors

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for auto insurance. Having a good understanding of what impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

The list below includes a few of the “ingredients” auto insurance companies consider when setting prices.

  • Being married can save on auto insurance – Having a spouse actually saves money on your auto insurance policy. Marriage is viewed as being more responsible it has been statistically shown that being married results in fewer claims.
  • Lower rates with optional equipment – Purchasing a vehicle with a theft deterrent system can get you a discount on your auto insurance. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your car from being stolen.
  • Higher deductibles cost less – The deductibles represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some instances where coverage would apply could be colliding with a building, vandalism, and burglary. The more expense you are required to pay out-of-pocket, the less your auto insurance will be for Accent coverage.
  • Traffic violations increase rates – Your driving record has a lot to do with how much you pay for insurance. Even a single ticket may increase your cost by as much as thirty percent. Drivers with clean records tend to pay less for car insurance compared to drivers with tickets. Drivers who get flagrant violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form with their state DMV in order to keep their license.
  • Safer occupants lowers premiums – Vehicles with good safety scores tend to have better insurance rates. Safe vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims and lower rates for you. If your Hyundai Accent earned at least four stars on Safercar.gov you may qualify for a discount.
  • Discounts for multiple policies – Some insurance companies give discounts to insureds who have multiple policies with them. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even with this discount, you may still want to compare rates to verify if the discount is saving money.
  • Do you have enough liability coverage? – Your policy’s liability coverage is the protection if ever you are found to be at fault for damages caused by your negligence. Liability provides legal defense starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so buy as much as you can afford.

Automobile Insurance Quotes

All the larger auto insurance companies allow you to get prices for coverage directly from their websites. The process is pretty painless as you just type in your coverage information into the quote form. Behind the scenes, the system pulls your driving record and credit report and quotes a price based on many factors.

This simplifies rate comparisons, but having to visit multiple sites and enter the same data into a form is monotonous and tiresome. But it’s very important to do this if you want to find the lowest auto insurance rates.

The easiest way to find lower prices makes use of a single form to get prices from several different companies. The form is fast, eliminates repetitive work, and makes online price comparison much more enjoyable. As soon as you send your information, it is quoted and you can choose any one of the quotes returned. If you find a better price you can simply submit the application and purchase the new policy. The entire process takes less than 15 minutes and you will know how your current rates stack up.

If you want to find out what other companies charge, click here to open in a new tab and fill out the form. If you have a policy now, it’s recommended you copy the limits and deductibles just like they are on your policy. This guarantees you will get a rate comparison based on the exact same insurance coverage.

Drivers who switch save $381 a year? Really?

Car insurance providers like Geico, State Farm and Progressive consistently run television and radio advertisements. They all make an identical promise about savings if you change your coverage to them. But how can every company make the same claim? This is how they do it.

All the different companies have a preferred profile for the right customer they prefer to insure. An example of a desirable insured might be profiled as between the ages of 30 and 50, insures multiple vehicles, and drives less than 10,000 miles a year. A driver who matches those parameters will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential insureds who are not a match for the requirements will be quoted higher prices which leads to the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “people who quote” save that much. That’s why companies can truthfully claim big savings. This emphasizes why you absolutely need to quote coverage with many companies. It’s impossible to know which insurance companies will provide you with the cheapest Hyundai Accent insurance rates.

Save big with these discounts

Auto insurance companies don’t list every discount very well, so we break down both the well known and also the lesser-known discounts you could be receiving.

  • Defensive Driver – Taking a course teaching defensive driving skills could cut 5% off your bill depending on where you live.
  • Save with a New Car – Adding a new car to your policy is cheaper due to better safety requirements for new cars.
  • No Charge for an Accident – Some insurance companies permit an accident before your rates go up if your claims history is clear prior to the accident.
  • Good Student – A discount for being a good student can get you a discount of up to 25%. The good student discount can last up until you turn 25.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you may earn at least 10% off all policies.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. Some only apply to specific coverage prices like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, companies don’t profit that way.

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

Check with every prospective company which discounts you may be entitled to. All car insurance discounts may not apply in your state.

But I don’t know anything about car insurance

When buying coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that could help you determine whether or not you would benefit from an agent’s advice.

  • Why is insurance for a teen driver so high?
  • Should I carry comprehensive and collision coverage?
  • Is a blown tire covered by insurance?
  • Are rock chip repairs covered?
  • Are my friends covered when driving my car?
  • What is an SR-22 filing?
  • How high should my medical payments coverage be?
  • I have health insurance so do I need medical payments coverage?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverage considerations

Knowing the specifics of insurance aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Coverage for collisions

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

Collision coverage pays for things like damaging your car on a curb, backing into a parked car and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Liability

This coverage protects you from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as structural damage, legal defense fees, emergency aid and loss of income. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Hyundai Accent.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Medical costs insurance

Med pay and PIP coverage kick in for short-term medical expenses for dental work, surgery, chiropractic care, X-ray expenses and pain medications. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. 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 available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, rock chips in glass, damage from a tornado or hurricane, a broken windshield and hail damage. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Buy Smart and Save

Throughout this article, we presented a lot of tips how to get a better price on 2010 Hyundai Accent insurance. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. Consumers could even find that the lowest premiums are with some of the lesser-known companies.

Insureds switch companies for a variety of reasons including delays in paying claims, questionable increases in premium, unfair underwriting practices and even poor customer service. It doesn’t matter why you want to switch finding a new company is actually quite simple.

As you shop your coverage around, make sure you don’t reduce coverage to reduce premium. There are a lot of situations where someone sacrificed full coverage to discover at claim time they didn’t have enough coverage. The aim is to find the BEST coverage for the lowest price.

More detailed insurance information can be found in the articles below: