2014 Hyundai Elantra GT Insurance Cost – 10 Tricks for Cheapest Prices

Looking for better insurance coverage rates for your Hyundai Elantra GT? Getting low-cost insurance coverage on the web can appear to be intimidating for people not familiar with comparing rates and buying insurance coverage online. With so many agents and insurers available, how can people be able to compare all the different companies and get the best available rates?

How to get free insurance quotes online

When looking for cheaper auto insurance quotes, there are a couple ways of comparing price quotes from different insurance companies. The fastest way to find affordable 2014 Hyundai Elantra GT insurance rates is to perform an online rate comparison. This is quite simple and can be completed in a couple of different ways.

The fastest 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 easy form prevents you from having to do repetitive form submissions for every insurance company. A single form compares rates from multiple low-cost companies. It’s definitely the quickest method.

A less efficient way to compare prices is to take the time to go to the website for every company you want to comare and go through the quote process again. For instance, let’s say you want comparison quotes from Liberty Mutual, GEICO and American Family. To do that, you would have to spend time on each company’s site to enter the same coverage data repeatedly, which can get rather old.

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

It doesn’t matter which method you choose, just make sure you compare identical coverage limits on every quote you get. If you enter different data you can’t possibly find the best deal for your Hyundai Elantra GT. Having just a slight variation in coverages may result in a large different in cost. And when comparing insurance rates, know that having more price comparisons helps locate the best rates.

Get cheap insurance coverage quotes with discounts

The price of auto insurance can be rather high, but there could be available discounts that you may not know about. A few discounts will automatically apply when you get a quote, but occassionally some discounts must be specifically requested before they will apply.

  • Auto/Home Discount – If you can bundle your homeowners and auto insurance and insure them both with the same insurance company you could get a discount of nearly 15% which can help you find the cheapest auto insurance.
  • Active Service Discounts – Being on active duty in the military could qualify you for better premium rates.
  • New Car Discount – Putting coverage on a new car is cheaper compared to insuring an older model.
  • Distant College Student Discount – Youth drivers who live away from home at college and do not take a car to college can be insured at a reduced rate.
  • Passenger Safety Discount – Factory air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Home Ownership Discount – Simply owning a home may earn you a small savings because it is proof that your finances are in order.
  • Waiver for an Accident – This one is not really a discount per se, but certain companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a certain period of time.
  • Telematics Discount – Drivers who elect to allow their insurance company to scrutinize where and when they drive by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive may get a rate reduction as long as the data is positive.
  • Payment Discounts – By making one initial payment instead of paying each month you can avoid the installment charge.
  • Defensive Driver – Completing a defensive driving course could earn you a small percentage discount if you qualify.

While discounts sound great, it’s important to understand that most credits do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Despite the appearance that adding up those discounts means a free policy, you won’t be that lucky.

A few popular companies and a summarized list of policyholder discounts can be found below.

  • Progressive includes discounts for continuous coverage, multi-policy, multi-vehicle, online quote discount, homeowner, good student, and online signing.
  • AAA may offer discounts for AAA membership discount, multi-policy, anti-theft, good driver, multi-car, and education and occupation.
  • Farmers Insurance offers discounts including alternative fuel, teen driver, pay in full, early shopping, mature driver, bundle discounts, and business and professional.
  • GEICO policyholders can earn discounts including seat belt use, air bags, emergency military deployment, driver training, daytime running lights, multi-vehicle, and membership and employees.
  • Esurance may include discounts for Pac-12 alumni, online quote, defensive driver, homeowner, good student, and paid-in-full.
  • SAFECO has savings for bundle discounts, anti-theft, teen safe driver, drive less, and teen safety rewards.
  • State Farm has discounts for accident-free, Drive Safe & Save, safe vehicle, anti-theft, multiple policy, Steer Clear safe driver discount, and driver’s education.

Before you buy a policy, ask each insurance company to give you their best rates. Some of the earlier mentioned discounts might not be available to policyholders in every state. To see insurance coverage companies who offer discounts, follow this link.

Tailor your car insurance coverage to you

When choosing coverage for your personal vehicles, there is no perfect coverage plan. Every insured’s situation is different.

For example, these questions might point out if your insurance needs would benefit from an agent’s advice.

  • Is my state a no-fault state?
  • Do I need added coverage for expensive stereo equipment?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Should I rate my 2014 Hyundai Elantra GT as pleasure use or commute?
  • Am I getting all the discounts available?
  • Why do I need rental car insurance?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverage breakdown

Knowing the specifics of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Auto collision coverage

Collision insurance pays for damage to your Elantra GT resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like rolling your car, backing into a parked car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive protection

This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hail damage, a tree branch falling on your vehicle, fire damage and hitting a bird. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability insurance

Liability insurance will cover damages or injuries you inflict on other’s property or people by causing an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as legal defense fees, loss of income, emergency aid, pain and suffering and funeral expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Hyundai Elantra GT.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like rehabilitation expenses, EMT expenses, ambulance fees, funeral costs and pain medications. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Power to the consumer

As you shop your coverage around, it’s a bad idea to reduce coverage to reduce premium. In many instances, an accident victim reduced full coverage only to discover later that the savings was not a smart move. Your aim should be to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Throughout this article, we presented some good ideas how you can reduce 2014 Hyundai Elantra GT insurance prices online. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the lowest prices are with a small mutual company.

There are still a few companies who do not offer online price quotes and most of the time these smaller companies sell through independent agents. Low-cost 2014 Hyundai Elantra GT insurance is possible online in addition to many insurance agents, and you need to price shop both to have the best rate selection.

More information can be read at the links below