View 2002 Hyundai Sonata Car Insurance Quotes

Looking for lower auto insurance rates? Shoppers have a choice when shopping for the lowest priced Hyundai Sonata insurance. You can either waste hours calling around to get rate comparisons or use the internet to find the lowest rates.

There are more efficient ways to shop for auto insurance and we’ll show you the proper way to compare rates for your Hyundai and find the cheapest rates from both online companies and local agents.

Smart consumers take time to check auto insurance prices yearly due to the fact that insurance prices are variable and change quite frequently. Just because you had the best deal for Sonata insurance a year ago you may be paying too much now. Block out anything you think you know about auto insurance because it’s time to teach you the fastest way to lower your annual insurance bill.

If you have a policy now or are just looking to switch companies, you can use these techniques to reduce the price you pay and still get good coverage. This information will help educate you on how to effectively get price quotes and some money-saving tips. Consumers only need an understanding of the best way to get comparison quotes online.

Insurance costs are influenced by these factors

Consumers need to have an understanding of the factors that help calculate the price you pay for insurance coverage. If you know what impacts premium levels, this allows you to make educated decisions that can earn you cheaper rates. Many factors are used when quoting car insurance. Some of the criteria are obvious such as your driving history, but some are more transparent such as whether you are married or how financially stable you are.

Shown below are a few of the things used by companies to determine premiums.

  • Save annual miles and save money – The higher the miles on your Hyundai each year the higher the price you pay to insure it. The majority of insurers charge to insure your cars based on how the vehicle is used. Autos not used for work or commuting get more affordable rates than those that get driven frequently. Ask your agent if your insurance coverage declarations sheet properly reflects the proper vehicle usage. Improper usage on your Sonata is just wasting money.
  • Avoid coverage lapses – Driving without insurance coverage in place is a big no-no and you will pay a penalty because you let your insurance coverage expire. In addition to paying higher rates, not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license. You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Your liability insurance limits – The liability section of your policy will provide protection in the event that you are found liable for damages caused by your negligence. Your policy’s liability insurance provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive when compared to the cost of physical damage coverage, so buy as much as you can afford.
  • Combine policies and save money – Most major insurance companies provide better rates to clients that buy multiple policies, otherwise known as a multi-policy discount. Even if you qualify for this discount already, you still need to check prices from other companies to guarantee you are still saving the most. You may still save more without the discount even if you have your coverage with different companies
  • Poor credit decisions can cost you – Having a bad credit rating is likely to be a major factor in calculating your premium rate. If your credit history is lower than you’d like, you may save money insuring your 2002 Hyundai Sonata if you clean up your credit. Insureds that have excellent credit scores tend to file fewer claims and have better driving records than drivers who have poor credit.
  • Safer the car lower the rate – Cars with five star safety ratings tend to have lower insurance rates. Highly rated vehicles help reduce the chance of injuries in an accident and fewer serious injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Hyundai has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • If you don’t need it don’t buy it – Insurance companies have many extra add-on coverages that can waste your money when buying insurance coverage. Coverages for rental car coverage, towing, and term life insurance may not be needed and are just wasting money. They may sound like good ideas when buying your policy, but if you don’t need them get rid of them and save.

These discounts can lower your auto insurance rates

Not many people think insurance is cheap, but you can get discounts that may help make it more affordable. Certain credits will be shown when you quote, but occassionally some discounts must be asked about prior to receiving the credit.

  • Paperless Signup – A handful of insurance companies will provide an incentive for buying your policy on the web.
  • Responsible Driver Discounts – Accident-free drivers can save up to 40% or more on their auto insurance quote for Sonata insurance than drivers with accident claims.
  • Renewal Discounts – Some insurance companies provide a discount for buying a new policy prior to your current policy expiration. It could save around 10% when you buy auto insurance online.
  • Distant College Student Discount – Kids who are enrolled in higher education away from home and don’t have a car could qualify for this discount.
  • Discounts for Federal Employees – Federal government employees may reduce rates when you quote auto insurance for Sonata insurance with some auto insurance companies.
  • Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a lower auto insurance rate if you buy life insurance from them.
  • ABS and Traction Control Discounts – Anti-lock brake equipped vehicles have fewer accidents and qualify for as much as a 10% discount.
  • Defensive Driving Course – Taking a course that instructs on driving safety may get you a small discount and also improve your driving technique.
  • Multi-policy Discount – If you have multiple policies and insure them both with the same insurance company you may earn 10% to 20% off each policy.
  • Safety Restraint Discount – Forcing all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.

While discounts sound great, it’s important to understand that most credits do not apply the the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. Even though it appears it’s possible to get free car insurance, it just doesn’t work that way.

Some companies that may offer these discounts are:

When quoting, ask each company to apply every possible discount. Some credits might not be offered in your area. To choose providers offering auto insurance discounts, click here to view.

Different people need different insurance coverages

When it comes to choosing adequate coverage, there really is no one size fits all plan. Every insured’s situation is different.

Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • Does insurance cover tools stolen from my truck?
  • How can I get high-risk coverage after a DUI?
  • What should my uninsured motorist coverage limits be in my state?
  • Can I get a multi-policy discount?
  • Do I benefit by insuring my home with the same company?
  • Am I covered when using my vehicle for business?
  • Is my teenager covered with friends in the car?
  • Should I put collision coverage on all my vehicles?
  • Do I need added coverage for expensive stereo equipment?

If you can’t answer these questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Insurance specifics

Having a good grasp of your policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive auto coverage

Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like rock chips in glass, theft and damage from flooding. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for bills for things like surgery, chiropractic care, X-ray expenses and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability coverage will cover injuries or damage you cause to other’s property or people that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as loss of income, medical expenses, repair bills for other people’s vehicles, legal defense fees and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your 2002 Hyundai Sonata.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages are identical to your policy’s liability coverage.

Collision insurance

Collision coverage pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as hitting a parking meter, colliding with a tree, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

In the end, you save

As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped liability coverage limits to discover at claim time they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage at the lowest possible cost while not skimping on critical coverages.

You just read some good ideas how to compare 2002 Hyundai Sonata insurance auto insurance rates online. The key concept to understand is the more providers you compare, the higher your chance of finding the cheapest auto insurance. You may even discover the lowest auto insurance rates come from an unexpected company.

Cheap 2002 Hyundai Sonata insurance can be sourced online and also from your neighborhood agents, so get free auto insurance quotes from both of them to get a complete price analysis. A few companies may not offer rate quotes online and most of the time these small insurance companies only sell coverage through independent agents.

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