2014 Hyundai Accent Insurance Rates

Tired of trying to scrape together enough money each month for car insurance? Your situation is no different than millions of other consumers. Lots of car insurance companies contend for your hard-earned dollar, and it can be difficult to compare rates to find the lowest rate possible.

Don’t overlook these discounts

Car insurance is not cheap, but you can get discounts that you may not know about. Some discounts apply automatically at the time of quoting, but a few need to be specially asked for before you get the savings. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • Low Mileage Discounts – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.
  • Sign Online – Some insurance companies give back up to $50 for buying a policy and signing up on their website.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy could earn a price break for each car.
  • Early Signing – Some insurance companies reward drivers for switching to them prior to your current policy expiration. This can save 10% or more.
  • Accident Free – Claim-free drivers pay much less as compared to frequent claim filers.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
  • New Vehicle Savings – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.

Drivers should understand that many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will cut your premiums.

To see a list of insurers offering auto insurance discounts, click here to view.

Is my situation unique?

When choosing adequate coverage, there isn’t really a “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your situation may require specific advice.

  • What if I total my 2014 Hyundai Accent and owe more than it’s worth?
  • Is a fancy paint job covered?
  • Do I need rental car coverage?
  • Is my ex-spouse still covered by my policy?
  • Are my friends covered when driving my car?
  • Why do I only qualify for high-risk insurance?
  • Am I insured when driving a different vehicle?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.

The fine print in auto insurance ads

Consumers get pounded daily by advertisements for cheaper car insurance from companies such as State Farm and Allstate. They all seem to make the same claim that you’ll save big if you change your policy.

How do they all make the same claim?

All companies are able to cherry pick for the type of customer they prefer to insure. For example, a driver they prefer could be between 25 and 40, owns a home, and has a high credit rating. A customer who meets those qualifications gets the lowest rates and therefore will pay quite a bit less when switching companies.

Potential insureds who don’t qualify for the “perfect” profile will be charged more money which leads to business going elsewhere. The ad wording is “customers that switch” not “everybody who quotes” save that kind of money. That’s why companies can state the savings.

That is why you should get quotes from several different companies. It’s just too difficult to predict the company that will give you the biggest savings on Hyundai Accent insurance.

Auto insurance policy specifics

Knowing the specifics of your auto insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages found on most auto insurance policies.

Comprehensive or Other Than Collision

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as fire damage, rock chips in glass and damage from a tornado or hurricane. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability car insurance

This coverage protects you from injuries or damage you cause to people or other property that is your fault. It protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as emergency aid, bail bonds, loss of income, medical expenses and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical costs insurance

Med pay and PIP coverage reimburse you for bills for things like ambulance fees, pain medications and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

Collision insurance covers damage to your Accent resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as crashing into a building, hitting a mailbox, backing into a parked car, driving through your garage door and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Keep this in mind

Discount 2014 Hyundai Accent insurance can be sourced on the web in addition to many insurance agents, and you should compare price quotes from both to have the best rate selection. A few companies do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced liability coverage limits and discovered at claim time that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage for the lowest price while not skimping on critical coverages.

Additional insurance information is located at the links below