2008 Hyundai Elantra Insurance Rates – 10 Tips for Best Quotes

Looking for better insurance rates for your Hyundai Elantra? Paying for high-priced Hyundai Elantra insurance can deplete your checking account and force you to cut corners elsewhere. Price shopping at each renewal is a smart way to slash your bill and have more diposable income.

Many auto insurance companies compete to insure your vehicles, so it’s not easy to compare every insurer and get the definite lowest cost out there.

How to get free insurance quotes online

All the larger insurance companies like State Farm, Allstate and GEICO allow you to get price estimates online. Doing online quotes doesn’t take a lot of time because you just enter your personal and coverage information into the quote form. Once you submit the form, the quote system orders reports for credit and driving violations and gives you a price quote. This streamlines rate comparisons, but the work required to visit many different websites and complete many quote forms is repetitive and time-consuming. But it’s necessary to perform this step in order to find the lowest possible prices on insurance.

Rate comparisons made easy

A less time-consuming method to find better insurance pricing uses one form to obtain quotes from more than one company. The form is fast, helps eliminate reptitive entry, and makes online shopping a lot less work. Immediately after you send the form, it is rated and you can choose your choice of the quotes returned. If you find a better price you simply finish the application and purchase the new policy. This process can be completed in a matter of minutes and you will find out if you’re overpaying now.

To compare pricing, click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you type in your coverages exactly as they are listed on your policy. Using the same limits helps guarantee you will be getting an apples-to-apples comparison for exact coverage.

Reduce your car insurance rates with these ten discounts

Insurance can be prohibitively expensive, but there could be available discounts that can drop the cost substantially. A few discounts will automatically apply when you get a quote, but a few must be manually applied before you get the savings.

  • New Vehicle Savings – Insuring a new car can save you some money because newer vehicles are generally safer.
  • Distant College Student Discount – Any of your kids living away from home attending college and do not take a car to college can be insured at a reduced rate.
  • Claim-Free Discount – Drivers with accident-free driving histories can save substantially compared to insureds who have frequent claims or accidents.
  • Auto/Home Discount – If you combine your auto and home policies and insure them both with the same insurance company they may give you a discount of at least 10% off all policies.
  • Accident Forgiveness – Not really a discount, but some insurance companies will allow you to have one accident without raising rates so long as you are claim-free for a set time period.
  • Driver’s Ed – Teen drivers should take driver’s ed class as it will make them better drivers and lower rates.
  • Government Employees – Having worked for a branch of the government could qualify for a slight premium decrease for Elantra coverage depending on your car insurance provider.
  • Telematics Devices – People who choose to allow their car insurance company to track vehicle usage by using a telematic data system such as In-Drive from State Farm or Allstate’s Drivewise system could possibly reduce rates if they show good driving skills.
  • Seat Belt Usage – Drivers who require all vehicle occupants to fasten their seat belts can save 10% or more on medical payment and PIP coverage.
  • Low Mileage Discounts – Driving fewer miles may enable drivers to earn better prices on cars that stay parked.

One last thing about discounts, most discount credits are not given to the entire cost. Most only cut individual premiums such as collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, that’s just not realistic.

Large car insurance companies and some of the discounts are detailed below.

  • GEICO has savings for multi-policy, anti-theft, emergency military deployment, anti-lock brakes, seat belt use, and federal employee.
  • MetLife may offer discounts for good student, claim-free, accident-free, defensive driver, and good driver.
  • Progressive includes discounts for multi-vehicle, good student, online quote discount, homeowner, continuous coverage, and multi-policy.
  • Travelers may have discounts that include driver training, hybrid/electric vehicle, save driver, payment discounts, and multi-car.
  • SAFECO has discounts for accident prevention training, drive less, bundle discounts, teen safe driver, safe driver, and homeowner.
  • AAA offers discounts including anti-theft, multi-car, good driver, multi-policy, and AAA membership discount.

Before purchasing a policy, check with each company which credits you are entitled to. Depending on the company, some discounts might not be available to policyholders in your area. To see a list of insurance companies that have a full spectrum of discounts, follow this link.

You are unique and your insurance coverage should be too

When it comes to buying the right insurance coverage for your vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions can aid in determining if your situation might need professional guidance.

  • When can I cancel my policy?
  • Are split liability limits better than a combined single limit?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What should my uninsured motorist coverage limits be in my state?
  • How can I get my company to pay me more for my totalled car?
  • Is my ex-spouse still covered by my policy?
  • Am I insured when driving a different vehicle?
  • Can I afford to pay high deductible claims out of pocket?
  • Who is covered when they drive my 2008 Hyundai Elantra?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Insurance policy specifics

Having a good grasp of insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are the normal coverages available from insurance companies.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from 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 pays for things like hitting a bird, hitting a deer, falling objects and a broken windshield. The most your insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability auto insurance

This coverage provides protection from damage that occurs to a person or their property in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things such as court costs, medical expenses, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage

This covers damage to your Elantra from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sustaining damage from a pot hole, rolling your car, colliding with a tree and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Medical payments coverage and PIP

Med pay and PIP coverage pay for immediate expenses like ambulance fees, prosthetic devices, surgery, dental work and hospital visits. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Final thoughts

Low-cost 2008 Hyundai Elantra insurance is definitely available both online in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. Some insurance companies do not provide online rate quotes and usually these regional carriers provide coverage only through independent agencies.

When searching for low cost insurance quotes, it’s a bad idea to buy poor coverage just to save money. In many instances, an insured dropped collision coverage only to regret at claim time that it was a big error on their part. Your goal is to purchase plenty of coverage for the lowest price, but do not sacrifice coverage to save money.

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