Cheap 1998 Hyundai Elantra Car Insurance Quotes

Searching for the cheapest insurance coverage rates for your Hyundai Elantra? Tired of sacrificing other expenses to buy insurance coverage? You’re in the same situation as millions of other vehicle owners.

Many car insurance companies compete to insure your vehicles, so it can be very hard to choose a insurance company to find the lowest rate possible.

If you are paying for car insurance now, you will be able to reduce your rates substantially using this strategy. Finding the best rates is not that difficult. But car owners can benefit from knowing the way insurance companies sell online because it can help you find the best coverage.

Insurance policy discounts

Insurance can be prohibitively expensive, but you might already qualify for some discounts that may help make it more affordable. Some trigger automatically at the time of purchase, but some must be asked about before you will receive the discount.

  • No Accidents – Claim-free drivers have much lower rates compared to accident-prone drivers.
  • Distant Student – Youth drivers who attend college more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Multiple Policy Discount – When you combine your homeowners and auto insurance and place coverage with the same company you could earn a discount of up to 20% off your total premium.
  • Driver’s Ed – Have your child enroll in driver’s education in school or through a local driver safety program.
  • Smart Student Discounts – Being a good student can earn a discount of 20% or more. The good student discount can last until age 25.

As is typical with insurance, most discount credits are not given to the entire cost. Most only reduce specific coverage prices like liability, collision or medical payments. So even though you would think it’s possible to get free car insurance, you aren’t that lucky.

A few of the larger companies and a selection of discounts include:

  • GEICO offers premium reductions for daytime running lights, air bags, anti-theft, anti-lock brakes, and membership and employees.
  • Mercury Insurance policyholders can earn discounts including good driver, ease of repair, age of vehicle, anti-theft, accident-free, good student, and location of vehicle.
  • Farmers Insurance discounts include electronic funds transfer, multi-car, alternative fuel, youthful driver, mature driver, bundle discounts, and good student.
  • Auto-Owners Insurance includes discounts for multiple vehicles, teen driver, air bags, paid in full, mature driver, and group or association.
  • Liberty Mutual has discounts for safety features, multi-car, teen driver discount, hybrid vehicle, newly married, and new graduate.
  • SAFECO may offer discounts for drive less, accident prevention training, bundle discounts, teen safe driver, and teen safety rewards.
  • Progressive has savings for online quote discount, continuous coverage, multi-policy, homeowner, online signing, and good student.
  • USAA may have discounts that include multi-policy, good student, driver training, loyalty savings, and defensive driver.

If you need inexpensive insurance quotes, ask all companies you are considering which discounts you may be entitled to. Some discounts listed above may not apply to policyholders in your state. For a list of companies with the best insurance discounts, click here.

Buy insurance coverage online

The are a couple different ways to compare rate quotes from different companies. By far the easiest way to find the cheapest 1998 Hyundai Elantra insurance rates is to perform an online rate comparison. This is very easy and can be done using a couple different methods.

  1. If you don’t have a lot of time, the easiest way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This type of form prevents you from having to do a different quote for every insurance coverage company. Completing one form gets you coverage quotes from many national carriers.
  2. A harder way to compare prices is going to the website for each individual company and go through the quote process again. For example, let’s assume you want to compare prices for Farmers, State Farm and Progressive. In order to get each rate, you would have to navigate to each company’s site to enter the same coverage data repeatedly, which can take a lot of time. To view a list of companies in your area, click here.
  3. The hardest way to comparison shop rate quotes is going to local insurance agencies. Comparing online rate quotes eliminates the need for an insurance agent unless you require the professional advice only provided by licensed agents. Drivers can price shop your coverage online but purchase the actual policy in an agency.

Take whichever approach you prefer, but make darn sure you compare the same deductibles and coverage limits on every quote. If each company quotes differing limits you can’t possibly truly determine the lowest rate. Having just a slight variation in insurance coverages could throw off the whole comparison. And when quoting insurance coverage, remember that getting more free quotes increases your odds of finding the best offered rates.

Insurance prices are influenced by these factors

It’s important that you understand a few of the rating criteria that play a part in calculating your premiums. When you understand what controls the rates you pay, this enables you to make decisions that could result in lower premium levels.

The following are a few of the things insurance companies consider when setting your prices.

  • Pay more of a claim out-of-pocket – Comp and collision deductibles define the amount you are required to spend in the event of a claim. Physical damage protection, aka comp and collision, insures against damage to your car. Some instances where coverage would apply would be a windshield broken by a bird, vandalism, and damage caused by road hazards. The more damage repair cost you pay before a claim is paid (deductible), the less money you will pay for insurance for Elantra insurance.
  • Bundle policies to earn discounts – Most major insurance companies will award lower prices to buyers that buy multiple policies in the form of a multi-policy discount. The discount can add up to ten or even fifteen percent. Even if you qualify for this discount already, it’s still a good idea to get quotes from other companies to verify if the discount is saving money.
  • When should you file a policy claims? – If you are the type of insured that files lots of claims you shouldn’t be surprised to get higher premiums or even policy non-renewal. Insurance companies provide better rates to drivers who file claims infrequently. Your car insurance is intended for claims that pose a financial burden.
  • Policy add-ons add up – There are quite a few optional add-on coverages that may not really be needed if you aren’t diligent. Coverages for personal injury protection, towing coverage, and extra life insurance coverage are probably not needed. These may sound like a good investment when buying your policy, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
  • Accidents cost more than a fine – How you drive has a huge affect on how much you pay. Even one speeding ticket or other violation can bump up the cost forty percent or more. Attentive drivers tend to pay less for car insurance as compared to those with violations. Drivers who get serious tickets like hit and run, DWI or reckless driving convictions may need to maintain a SR-22 with their state in order to legally drive a vehicle.
  • Discounts for married drivers – Your spouse can actually save you money compared to being single. Marriage is viewed as being more mature than a single person and statistics show being married results in fewer claims.
  • Proper usage rating affects costs – Driving more miles each year the higher the price you pay to insure it. A lot of companies calculate prices based upon how you use the vehicle. Cars not used for work or commuting get more affordable rates than cars that get driven a lot. An incorrectly rated Elantra may be wasting your money. Double check that your declarations sheet reflects how each vehicle is driven, because improper ratings can cost you money.
  • Vehicle theft costs us all – Choosing to buy a car with an alarm system can help lower your rates. Theft prevention devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent your car from being stolen.

How do I know if I need professional advice?

When it comes to choosing the right insurance coverage, there really is no perfect coverage plan. Every situation is different so this has to be addressed. Here are some questions about coverages that might help in determining if your situation might need professional guidance.

  • Is rental equipment covered for theft or damage?
  • Can I rent a car in Mexico?
  • Can I still get insurance after a DUI?
  • Does medical payments coverage apply to all occupants?
  • Should I have combined single limit or split liability limits?
  • When would I need rental car insurance?
  • Do I really need UM/UIM coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Tricks in car insurance advertising

21st Century, Allstate and State Farm continually stream ads on television and other media. All the ads convey the message about savings if you change to them. But how can every company offer you a better deal? You have to listen carefully.

Car insurance companies quote their cheapest rates for the right customer that earns them a profit. One example of a driver they prefer could possibly be between the ages of 30 and 45, owns their home, and has a high credit rating. A customer that meets those criteria will most likely get cheap rates and will most likely save a lot if they switch.

Drivers who are not a match for these stringent criteria will be charged a higher rate and the customer not buying. The ad wording is “drivers who switch” not “everyone that quotes” can get the lowest rates when switching. That’s why companies can truthfully advertise the savings.

Because of these techniques, it is so important to get as many free insurance quotes as possible. You cannot predict with any certainty which company will have the lowest rate quotes.

Specifics of your car insurance policy

Having a good grasp of a car insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverage types available from car insurance companies.

Comprehensive auto coverage

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

Comprehensive coverage pays for things such as rock chips in glass, falling objects and damage from getting keyed. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision insurance

This coverage will pay to fix damage to your Elantra from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things such as driving through your garage door, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Hyundai Elantra.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverage

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

It consists of 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 values of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims like repair bills for other people’s vehicles, funeral expenses, pain and suffering, medical services and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses like surgery, prosthetic devices, rehabilitation expenses and EMT expenses. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers you and your occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Shop around and save

When you buy insurance online, never reduce needed coverages to save money. There are a lot of situations where an insured dropped liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The aim is to purchase plenty of coverage at the best price while not skimping on critical coverages.

Throughout this article, we presented many tips how you can shop for 1998 Hyundai Elantra insurance online. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding inexpensive insurance. You may be surprised to find that the best car insurance rates are with a small local company. These companies often have lower premium rates on specific markets as compared to the big name companies such as State Farm or Progressive.

Even more information is available at these sites: