How Much Does 2004 Hyundai Accent Insurance Cost?

Searching for cheaper car insurance rates? Consumers have options when looking for the best price on Hyundai Accent insurance. They can either spend hours calling around to get rate comparisons or leverage the internet to compare rates.

There are more efficient ways to find car insurance online so you’re going to learn the proper way to quote coverages on a Hyundai and get the lowest price from both online companies and local agents.

Informed drivers can save money

It’s important that you understand some of the factors that aid in calculating car insurance rates. If you have some idea of what impacts premium levels, this helps enable you to make changes that can help you get lower car insurance prices. Many different elements are considered when premium rates are determined. A few of the factors are predictable like an MVR report, but others are not quite as obvious like where you live and annual miles driven.

  • High claims frequency drives up premiums – If you file a lot of claims you can pretty much guarantee either policy cancellation or increased premiums. Companies award the best rates to drivers that do not abuse their auto insurance. Insurance coverage is designed for the large, substantial claims.
  • How many coverages with the same company – The majority of insurers will award discounts for people that buy multiple policies such as combining an auto and homeowners policy. Even if you’re getting this discount you still need to comparison shop to help ensure you have the lowest rates. Drivers may still save even more by insuring with multiple companies.
  • Gender as a rate factor – Statistics show females are less aggressive when driving. It does not mean females are better drivers. Men and women get in at-fault accidents at a similar rate, but the male of the species get into accidents with more damage. Men also statistically have more aggressive citations such as DWI and reckless driving.
  • Driving citations will cost you – Having a single citation can increase the cost of insurance by as much as twenty percent. Good drivers tend to pay less for car insurance than bad drivers. Drivers who have gotten flagrant citations such as reckless driving, hit and run or driving under the influence might be required by their state to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Do you really need roadside assistance? – There are many additional coverages that sound like a good idea at the time if you aren’t careful. Coverages like rental car reimbursement, death and dismemberment, and membership fees may not be needed and are just wasting money. You may think they are a good idea when buying your policy, but if you have no use for them eliminate the coverages to reduce your premium.
  • Five star IIHS safety rating saves money – Cars with five star safety ratings tend to have better insurance rates. Highly rated vehicles help reduce the chance of injuries in an accident and lower injury rates means your insurance company pays less which can mean better rates for you. If your Hyundai Accent has at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Teenagers are high risk – Mature drivers tend to be more responsible, tend to cause fewer accidents .Young drivers tend to be inattentive and easily distracted with other occupants in the car and because of this, their car insurance rates are much higher.
  • Improve your credit score – Your credit score can be an important factor in calculating your car insurance rates. People with high credit ratings tend to be better drivers and file fewer claims than those with bad credit. If your credit can be improved, you could pay less to insure your 2004 Hyundai Accent if you clean up your credit.

How to get free auto insurance quotes online

Getting low cost 2004 Hyundai Accent auto insurance pricing is not rocket science. You just need to take a couple of minutes comparing price quotes provided by online insurance companies. This can be accomplished using one of these methods.

  • The first (and easiest) way to get the best comparison quotes would be an industry-wide quote request form (click to open form in new window). This quick form keeps you from doing separate quotation requests for each price estimate. One quote request gets coverage cost estimates direct from many companies. Recommended for those who want to invest the least amount of time.
  • Another way to shop for auto insurance online is to take the time to go to each company’s website to request a price quote. For sake of this example, we’ll assume you want to view quotes from GEICO, Progressive and Allstate. You would need to go to each individual site and repeatedly enter your information, and that explains why we recommend the first method. To view a list of companies in your area, click here.

It’s up to you which method you use, but make sure you compare the exact same coverage limits and deductibles on every price quote you get. If the quotes have different values for each quote it will be nearly impossible to make an equal comparison.

Discounts for affordable insurance quotes

Some companies don’t necessarily list every discount they offer in a way that’s easy to find, so we researched a few of the more well known as well as some of the hidden credits available to you.

  • Policy Bundle Discount – If you insure your home and vehicles with one company you will save as much as 10 to 15 percent.
  • Seat Belt Discounts – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off the personal injury premium cost.
  • Switch and Save Discount – Select insurance companies give a discount for buying a policy prior to the expiration date on your current policy. This discount can save up to 10%.
  • Discounts for Government Workers – Employees or retirees of the government may qualify for a discount when you quote insurance on Accent insurance with select insurance companies.
  • Driving Data Discount – Insureds who allow driving data collection to study where and when they drive by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm might see lower rates if their driving habits are good.
  • College Student – College-age children who attend college more than 100 miles from home and do not have a car may be able to be covered for less.
  • Air Bags and Passive Restraints – Cars that have air bags or automatic seat belts may get savings up to 30%.

As a footnote on discounts, most discounts do not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. Despite the fact that it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

Companies and some of the discounts include:

  • State Farm may have discounts that include Drive Safe & Save, anti-theft, defensive driving training, passive restraint, good driver, multiple autos, and multiple policy.
  • GEICO offers premium reductions for five-year accident-free, good student, federal employee, military active duty, daytime running lights, air bags, and membership and employees.
  • Allstate has savings for resident student, utility vehicle, senior citizen, auto/life discount, premier plus, and safe driver.
  • SAFECO offers discounts for anti-lock brakes, homeowner, accident prevention training, teen safety rewards, safe driver, and teen safe driver.
  • Farm Bureau offers discounts including youthful driver, 55 and retired, driver training, good student, multi-vehicle, and safe driver.
  • Progressive may offer discounts for homeowner, continuous coverage, multi-policy, online signing, good student, and multi-vehicle.
  • AAA may include discounts for anti-theft, multi-policy, good student, AAA membership discount, education and occupation, good driver, and pay-in-full.

If you want low cost insurance quotes, ask all companies you are considering how you can save money. Some credits might not be available to policyholders in every state.

You may need specialized insurance coverage

When it comes to choosing adequate coverage for your personal vehicles, there really is not a “perfect” insurance plan. Every situation is different.

For example, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Why is insurance for a teen driver so high?
  • Does my 2004 Hyundai Accent need full coverage?
  • Am I getting all the discounts available?
  • Is my custom paint covered by insurance?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and you can get the answers you need.

Car insurance policy coverages for a 2004 Hyundai Accent

Knowing the specifics of a car insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Hyundai Accent.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, hitting a deer, damage from flooding, damage from getting keyed and vandalism. The most your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision – This pays for damage to your Accent resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like sustaining damage from a pot hole, driving through your garage door and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Liability auto insurance – This will cover damage or injury you incur to people or other property by causing an accident. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability can pay for things such as repair bills for other people’s vehicles, pain and suffering and loss of income. How much coverage you buy is your choice, but consider buying higher limits if possible.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for immediate expenses like chiropractic care, hospital visits and dental work. They are used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Pennies from heaven

Budget-friendly auto insurance is attainable online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who do not provide online rate quotes and many times these regional insurance providers sell through local independent agents.

When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. In many cases, someone sacrificed liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The goal is to find the BEST coverage at a price you can afford, but don’t skip important coverages to save money.

People who switch companies do it for a variety of reasons including unfair underwriting practices, denial of a claim, poor customer service and questionable increases in premium. Regardless of your reason for switching companies, switching auto insurance companies can be less work than you think.

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