Lower Your 2014 Hyundai Accent Insurance Cost

Feel like you have high-priced car insurance? It’s quite common and you are not the only one feeling buyer’s remorse. Many car insurance companies vie for your business, so it’s not easy to compare every company to get the cheapest price

If you have insurance now or need a new policy, you will benefit by learning to get lower rates and still get good coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers just need to learn the proper methods to compare company rates on the web.

Finding insurance coverage

Finding more affordable insurance coverage prices is not rocket science. Just take a couple of minutes comparing rates to find. This can easily be done using a couple different methods.

  • The most efficient method to find low rates is to use a rate comparison form like this one (opens in new window). This style of form keeps you from doing separate quote forms for each company. One form submission compares rates from many national carriers.
  • A more time consuming way to compare prices is to manually visit each company’s website and repeat the quote process. For instance, we’ll assume you want comparison quotes from Farmers, GEICO and GMAC. To do that, you would have to visit each site to input your insurance information, and that explains why we recommend the first method.

    For a list of companies in your area, click here.

It’s up to you how you get prices quotes, just make sure you compare nearly identical quote data for every quote you compare. If you compare unequal deductibles or liability limits you will not be able to determine which rate is truly the best.

Don’t believe everything you hear

Drivers can’t get away from all the ads that claim the lowest premium rates by companies like GEICO, State Farm and Progressive. All the companies have a common claim of big savings after switching your car insurance policy to them.

Is it even possible that every company can claim to save you money?

Most companies quote the lowest rates for the type of customer that will add to their bottom line. For example, a profitable customer might be over the age of 35, has a clear driving record, and has a high credit rating. Any driver that fits those parameters will most likely get cheap prices and as a result will probably cut their rates if they switch.

Potential insureds who do not meet those standards may be forced to pay a more expensive rate with the end result being business going elsewhere. The wording the ads use say “customers that switch” but not “everyone who gets a quote” save that kind of money. That’s why insurance companies can confidently state the savings. Each company has different criteria, so you absolutely need to compare many company’s prices. It’s not possible to predict which car insurance company will fit you best based on your risk profile.

Seven things that affect your insurance costs

Lots of factors are used when you get your auto insurance bill. Most are fairly basic such as traffic violations, although some other factors are not quite as obvious like where you live and annual miles driven.A large part of saving on auto insurance is knowing some of the things that go into determining auto insurance rates. When you know what positively or negatively determines base rates, this allows you to make educated decisions that will entitle you to much lower annual insurance costs.

  • Better prices with anti-theft devices – Owning a car with a theft deterrent system can help lower your premiums. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.
  • Little extras can really add up – Policies have extra coverages that can waste your money on your Accent policy. Insurance for personal injury protection, better glass coverage, and motor club memberships are some examples. The coverages may be enticing when you first buy your policy, but if they’re wasting money remove them and pocket the money.
  • Youthful drivers pay more – Older drivers are more responsible, cause fewer claims and accidents and receive fewer citations.Teen drivers are statistically proven to get distracted easily in a vehicle therefore auto insurance rates are much higher.
  • Vehicles with better crash test results means lower auto insurance rates – Vehicles with good safety scores can get you lower premiums. Safer cars reduce injuries and fewer injuries means less money paid by your insurance company and thus lower rates.
  • Gender impacts prices – Statistics show females are less aggressive when driving. The data does not necessarily mean that men are worse drivers. Both sexes tend to get into fender benders in similar numbers, but the male of the species cause more damage and cost insurance companies more money. Not only that, but men also get cited for more serious violations like DWI (DUI) or reckless driving.
  • Insure your auto and home with one company – Most larger insurers provide discounts to clients who carry more than one policy such as combining an auto and homeowners policy. Even though this discount sounds good, you may still want to compare other company rates to verify if the discount is saving money. Consumers may save money even if you insure with multiple companies
  • Bad drivers pay high rates – Drivers who don’t get tickets pay less for auto insurance than bad drivers. Having just one speeding ticket or other violation may increase your cost to the point where it’s not affordable. People who have severe violations like DWI, reckless driving or hit and run convictions may find that they have to to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to drive a vehicle legally.

These discounts can cut insurance coverage rates

Some providers do not advertise the complete list of policy discounts in a way that’s easy to find, so we researched a few of the more well known in addition to some of the lesser obvious discounts that you may qualify for. If you are not receiving all the discounts available, you’re paying more than you need to.

  • No Claim Discounts – Good drivers with no accidents have much lower rates when compared with accident-prone drivers.
  • Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and therefore earn up to a 10% discount.
  • Renewal Discounts – Some insurance coverage companies reward drivers for signing up prior to your current policy expiration. The savings is around 10%.
  • Drivers Ed for Students – Require your teen driver to successfully complete driver’s ed class if offered at their school.
  • Policy Bundle Discount – If you can bundle your auto and home insurance and place coverage with the same company you could save at least 10 to 15 percent or more.
  • Savings for New Vehicles – Insuring a new car is cheaper because new model year vehicles have to meet stringent safety requirements.
  • 55 and Retired – Mature drivers may receive a small decrease in premiums for Accent insurance.
  • Cautious Driver Discounts – Drivers without accidents can save as much as half off their rates for Accent insurance than drivers with accident claims.

Don’t be shocked that some of the credits will not apply the the whole policy. Most only apply to individual premiums such as liability and collision coverage. So even though you would think it’s possible to get free car insurance, you won’t be that lucky.

To choose insurers that provide some of the discounts listed above, click this link.

When do I need an agent’s advice?

When buying the right insurance coverage, there really is no “perfect” insurance plan. Each situation is unique so your insurance needs to address that. For instance, these questions could help you determine if your insurance needs would benefit from professional advice.

  • Why does it cost so much to insure a teen driver?
  • Am I better off with higher deductibles on my 2014 Hyundai Accent?
  • Why am I required to buy high-risk coverage?
  • Is my dog or cat covered if injured in an accident?
  • Are my tools covered if they get stolen from my vehicle?
  • Does liability extend to a camper or trailer?
  • How can I get high-risk coverage after a DUI?
  • Am I covered when driving on a suspended license?

If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

Car insurance coverages for a 2014 Hyundai Accent

Understanding the coverages of your policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. These are the usual coverages offered by insurance companies.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Hyundai Accent.

Due to the fact that 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.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for short-term medical expenses for X-ray expenses, hospital visits and prosthetic devices. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverages – This coverage will pay to fix damage to your Accent caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a parking meter, sideswiping another vehicle, driving through your garage door, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Comprehensive insurance – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, damage from getting keyed, a broken windshield, theft and damage from a tornado or hurricane. 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.

Liability car insurance – Liability coverage protects you from damage that occurs to people or other property in an accident. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage pays for claims such as emergency aid, structural damage, pain and suffering, bail bonds and court costs. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Summing up your car insurance search

We covered many ways to lower your 2014 Hyundai Accent insurance auto insurance rates. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even find the lowest auto insurance rates come from a lesser-known regional company. Some small companies may have significantly lower premium rates on certain market segments than the large multi-state companies such as Progressive or GEICO.

As you quote insurance coverage, it’s a bad idea to reduce needed coverages to save money. There are too many instances where someone sacrificed collision coverage only to regret at claim time that the few dollars in savings costed them thousands. Your goal is to purchase a proper amount of coverage at the best possible price.

Even more information can be found in the articles below: