2014 Hyundai Genesis Car Insurance Rates

Paying for high-priced Hyundai Genesis insurance can draw down your savings account and force you to cut corners elsewhere. Getting a rate comparison can save money and help to make ends meet.

Due to the abundance of choices of insurance companies, it’s difficult to locate the lowest cost insurer.

It’s a great practice to price shop coverage every six months because car insurance prices fluctuate regularly. If you had the best quotes on Genesis insurance on your last policy there is a good chance you can find better rates now. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the best methods to find great coverage at a great price.

Finding affordable coverage is quite easy. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. But drivers must comprehend how companies price online insurance.

Save a ton with these discounts

Companies that sell car insurance do not advertise every available discount very clearly, so the list below gives a summary of both well-publicized and the more hidden credits available to lower your premiums when you buy insurance online.

  • Anti-lock Brake Discount – Cars, trucks, and SUVs with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Early Switch Discount – Some companies give discounts for switching companies early. You could save around 10% when you buy insurance online.
  • Defensive Driver – Participating in a defensive driver course may get you a small discount and easily pay for the cost of the class.
  • Home Ownership Discount – Owning your own home or condo may earn you a small savings because it is proof of financial responsibility.
  • Driver’s Education for Students – Require your teen driver to complete a driver education course in high school.

Policy discounts save money, but many deductions do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

To view companies who offer discounts, click this link.

The method we recommend to compare car insurance company rates is to know almost all companies allow for online access to give you rate quotes. The only thing you need to do is provide a little information like driver details, distance driven, if the car is leased, and if you went to college. Your rating data is automatically sent to multiple car insurance providers and they return cost estimate very quickly.

To compare multiple company rates now, click here and find out if you can get cheaper insurance.

Insurance can be complex

When it comes to buying coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions may help highlight if you would benefit from an agent’s advice.

  • Are my tools covered if they get stolen from my vehicle?
  • Why am I required to get a high-risk car insurance policy?
  • Am I covered if I break a side mirror?
  • When would I need rental car insurance?
  • Do I need special endorsements for business use of my vehicle?
  • When should I drop full coverage on my 2014 Hyundai Genesis?
  • What should my uninsured motorist coverage limits be in my state?
  • Why am I required to buy liability insurance?
  • Do I pay less if my vehicle is kept in my garage?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Car insurance coverages for a Hyundai Genesis

Understanding the coverages of a auto insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. These are the normal coverages found on most auto insurance policies.

Liability coverages – This protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for claims like attorney fees, funeral expenses and pain and suffering. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision – This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as backing into a parked car, damaging your car on a curb, colliding with a tree, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical payments coverage and PIP – Med pay and PIP coverage pay for expenses for nursing services, ambulance fees, pain medications, dental work and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. 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. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive coverage – This coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, damage from a tornado or hurricane and hitting a bird. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Make an honest buck

We just presented a lot of ways to reduce 2014 Hyundai Genesis insurance car insurance rates online. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding the cheapest insurance. You may be surprised to find that the best car insurance rates are with a lesser-known regional company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.

As you restructure your insurance plan, do not skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice uninsured motorist or liability limits only to discover later that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible at the best possible price, but don’t skip important coverages to save money.

More detailed auto insurance information is located at these sites: