2014 Hyundai Elantra Car Insurance Rates

Trying to find the cheapest car insurance rates for your Hyundai Elantra? Finding lower rates for car insurance can seem to be hard for people who are new to comparing rates online. You have so many options available that it can easily become a lot of work to find the best price.

You need to price shop coverage yearly because prices are variable and change quite frequently. Despite the fact that you may have had the best price for Elantra insurance last year you may be paying too much now. You’ll find quite a bit of inaccurate information about car insurance on the web, but by reading this article, you’re going to learn some good information on how to find affordable car insurance.

If you currently have a car insurance policy, you will be able to cut costs considerably using these methods. Buying cheaper auto insurance coverage is simple if you know the tricks. But vehicle owners must learn how insurance companies price insurance differently and take advantage of how the system works.

Discounts on Hyundai Elantra insurance

Insurance can cost an arm and a leg, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time you complete a quote, but lesser-known reductions have to be specifically requested before you will receive the discount.

  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • More Vehicles More Savings – Insuring multiple cars or trucks with the same company qualifies for this discount.
  • Multi-policy Discount – When you have multiple policies with one company you could get a discount of approximately 10% to 15%.
  • No Charge for an Accident – A few companies will forgive one accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Military Rewards – Having a deployed family member can result in better rates.

Consumers should know that most discount credits are not given to the entire cost. Some only apply to individual premiums such as physical damage coverage or medical payments. Even though it may seem like all those discounts means the company will pay you, you won’t be that lucky. But any discount will bring down the cost of coverage.

Car insurance companies who might offer these discounts may include but are not limited to:

Double check with each insurance company which discounts they offer. All car insurance discounts may not apply in your area.

Tailor your coverage to you

When buying adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining whether your personal situation might need professional guidance.

  • When should I remove comp and collision on my 2014 Hyundai Elantra?
  • What should my uninsured motorist coverage limits be in my state?
  • Does having multiple vehicles earn me a discount?
  • Do I need motorclub coverage?
  • What exactly is covered by my policy?
  • Am I covered when driving a rental car?
  • What are the best liability limits?
  • Is other people’s property covered if stolen from my vehicle?
  • I have good health insurance, so how much medical payments coverage do I need?
  • What is the rate difference between pleasure use and commuting?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form.

Insurance coverages explained

Understanding the coverages of your policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverages

This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, a broken windshield, fire damage, damage from getting keyed and hitting a deer. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as pain medications, ambulance fees, doctor visits and nursing services. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Hyundai Elantra.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Auto collision coverage

This coverage covers damage to your Elantra resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a ditch, colliding with a tree and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Liability coverages

Liability insurance provides protection from damage that occurs to people or other property. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like repair bills for other people’s vehicles, emergency aid, legal defense fees and attorney fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Shop smart and save

As you shop your coverage around, do not skimp on critical coverages to save a buck or two. There are a lot of situations where an accident victim reduced liability coverage limits only to regret that the savings was not a smart move. The ultimate goal is to purchase a proper amount of coverage at an affordable rate.

Lower-priced 2014 Hyundai Elantra insurance is possible online and also from your neighborhood agents, so compare prices from both to have the best selection. There are still a few companies who may not provide online price quotes and most of the time these small, regional companies sell through independent agents.

You just learned many ideas to get a better price on insurance. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. Consumers could even find that the best price on auto insurance is with a lesser-known regional company.

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