1993 Hyundai Elantra Insurance Cost – 7 Tips for Best Prices

Paying for high-priced Hyundai Elantra insurance can diminish your accounts and possibly require postponing other expenditures.

Lots of insurers contend for your hard-earned dollar, and it can be difficult to compare rates to find the lowest rate possible.

Consumers need to take a look at other company’s rates periodically because insurance prices fluctuate regularly. Despite the fact that you may have had the best rates for Elantra insurance a year ago you will most likely find a better premium rate today. Ignore everything you know about insurance coverage because you’re about to learn the proper way to buy cheaper insurance coverage.

How to compare free car insurance price quotes

Effectively comparing car insurance prices can be a daunting task if you don’t understand the best way to get rate quotes. You could waste time discussing policy coverages with insurance agencies in your area, or you could save time and use online quoting to get rates in a matter of minutes.

All the larger companies participate in an industry program where prospective buyers submit their information once, and each company returns a competitive quote for coverage. This prevents consumers from doing repetitive form submissions for each company.

To compare rates now click here (opens in new window).

The only downside to using this type of system is that you can’t choose the providers to get quotes from. So if you want to choose specific providers for rate comparison, we put together a list of car insurance companies in your area. Click here for list of insurance companies.

Compare rates however you want, just try to keep the exact same coverages and limits for every company. If you enter different values for each quote it’s impossible to find the best deal for your Hyundai Elantra. Just a small difference in limits can result in a big premium difference. And when quoting car insurance, remember that obtaining a wide range of quotes helps increase your odds of locating better pricing. Some smaller insurers to not give online quotes, so it’s necessary to compare price quotes from the smaller companies as well.

You may qualify for discounts

Some insurers don’t necessarily list all their discounts in a way that’s easy to find, so below is a list both well-publicized as well as some of the hidden discounts that may be available.

  • Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up before driving can save 10% or more off the PIP or medical payment premium.
  • Anti-lock Brakes – Vehicles with ABS and/or traction control prevent accidents and the ABS can save up to 10%.
  • Discount for Low Mileage – Maintaining low annual mileage can qualify you for cheaper rates.
  • Defensive Driving Course – Passing a defensive driver class is a good idea and can lower rates if your company offers it.
  • Passive Restraints and Air Bags – Cars that have air bags may qualify for discounts of 20% or more.
  • Auto/Home Discount – If you have multiple policies with one insurance company you may earn at least 10% off all policies.
  • Full Payment Discount – If paying your policy premium upfront as opposed to paying monthly you can actually save on your bill.

Remember that some credits don’t apply to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that adding up those discounts means a free policy, companies don’t profit that way.

If you would like to see a list of companies that provide some of the discounts listed above, click here.

There’s no such thing as the perfect car insurance policy

When buying coverage, there is no one size fits all plan. Each situation is unique so your insurance should reflect that For instance, these questions may help you determine if your situation may require specific advice.

  • Does my 1993 Hyundai Elantra qualify for pleasure use?
  • How much liability insurance is required?
  • Do I need motorclub coverage?
  • Is my dog or cat covered if injured in an accident?
  • How do I insure my teen driver?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I need roadside assistance coverage?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Insurance coverage specifics

Learning about specific coverages of a insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages offered by insurance companies.

Collision coverage

Collision coverage will pay to fix damage to your Elantra from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like sideswiping another vehicle, colliding with a tree and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for hospital visits, pain medications and surgery. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Coverage for liability

This protects you from injuries or damage you cause to other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage pays for claims like legal defense fees, pain and suffering and bail bonds. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive insurance

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, fire damage, hitting a deer and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Quote more. Save more.

When buying insurance coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. There are too many instances where drivers have reduced uninsured motorist or liability limits and learned later that they should have had better coverage. Your strategy should be to find the BEST coverage at an affordable rate but still have enough coverage for asset protection.

More affordable insurance is possible from both online companies and from local agencies, and you should be comparing both to have the best chance of lowering rates. Some insurance companies don’t offer the ability to get quotes online and usually these small insurance companies sell through independent agencies.

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