How Much Does 2016 Hyundai Accent Car Insurance Cost?

Did budget coverage turn out to be an overpriced insurance coverage policy? You’re preaching to the choir because many drivers have buyer’s remorse. Due to the large number of different company options, it can be challenging to find the cheapest company.

Consumers should take time to check insurance coverage prices periodically since rates trend upward over time. Despite the fact that you may have had the best deal for Accent coverage at your last renewal you can probably find a lower rate today. Block out anything you think you know about insurance coverage because you’re going to get a crash course in the fastest and easiest way to save on insurance coverage.

Finding affordable coverage is not rocket science. If you currently have car insurance, you should be able to save some money using this strategy. Drivers just need to learn the most efficient way to get comparison rates online.

Car insurance policy discounts

Companies that sell car insurance do not list all disounts in a way that’s easy to find, so below is a list both the well known as well as the least known savings tricks you should be using when you buy insurance coverage online. If you do not check that you are getting every discount you deserve, you are throwing money away.

  • Safe Drivers – Insureds without accidents can pay as much as 50% less for Accent coverage compared to rates paid by drivers with frequent claims.
  • Payment Method – By paying your policy upfront instead of paying each month you can actually save on your bill.
  • Braking Control Discount – Vehicles that have anti-lock braking systems have fewer accidents and qualify for as much as a 10% discount.
  • Passenger Safety Discount – Options like air bags and/or automatic seat belt systems may qualify for discounts up to 30%.
  • Professional Memberships – Being a member of certain professional organizations may earn a discount on your next car insurance statement.
  • Bundled Policy Discount – If you insure your home and vehicles with one insurance company you may earn as much as 10 to 15 percent.
  • Student Driver Training – Require your teen driver to enroll in driver’s education if it’s offered in school.

One thing to note about discounts is that most of the big mark downs will not be given to the entire cost. Most only cut the cost of specific coverages such as liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, it just doesn’t work that way.

Companies who may offer most of these discounts possibly include:

Before you buy a policy, ask each insurance company which discounts you may be entitled to. A few discounts might not apply in your area. For a list of companies that provide some of the discounts listed above, click here.

How do I know if I need professional advice?

When it comes to buying proper insurance coverage, there really is no cookie cutter policy. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether or not you might need an agent’s assistance.

  • Why does it cost so much to insure a teen driver?
  • Am I covered if I hit my neighbor’s mailbox?
  • Is business equipment covered while in my vehicle?
  • What is roadside assistance coverage?
  • Do I have coverage for damage caused while driving under the influence?
  • Does having multiple vehicles earn me a discount?
  • Is my 2016 Hyundai Accent covered for flood damage?
  • Why am I required to buy liability insurance?
  • How high should my uninsured/underinsured coverage be in my state?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance 101

Understanding the coverages of insurance can help you determine the right coverages for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages available from insurance companies.

Comprehensive or Other Than Collision

This covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as falling objects, fire damage and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability

This coverage provides protection from damages or injuries you inflict on a person or their property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers claims like medical services, court costs and attorney fees. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Coverage for collisions

This pays for damage to your Accent resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as backing into a parked car, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like surgery, rehabilitation expenses and hospital visits. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Saving money makes a lot of cents

When you buy insurance coverage online, make sure you don’t skimp on coverage in order to save money. There are many occasions where an insured cut collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase plenty of coverage for the lowest cost, not the least amount of coverage.

Cheaper 2016 Hyundai Accent insurance is possible from both online companies and from local insurance agents, so you need to quote insurance coverage with both to have the best selection. Some companies may not offer the ability to get quotes online and usually these regional carriers only sell coverage through independent insurance agents.

We just covered some good ideas how you can save on 2016 Hyundai Accent insurance. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding the cheapest insurance coverage. Consumers could even find that the most savings is with a smaller regional carrier. Some small companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Geico and State Farm.

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