Compare 2016 Hyundai Accent Insurance Quotes

Searching for cheaper auto insurance rates for your Hyundai Accent? Nobody that owns a car looks forward to buying auto insurance, especially when they could find better prices if they shop around. Many auto insurance companies vie for your insurance dollar, and it can be difficult to compare rates to find the lowest price

Consumers should take time to get comparison quotes yearly because prices change regularly. Despite the fact that you may have had the lowest rates for Accent coverage at your last renewal there is a good chance you can find better premium rates now. Block out anything you think you know about auto insurance because we’re going to show you the easiest way to find lower rates on auto insurance.

Where can I get cheap auto insurance?

Finding cheaper auto insurance quotes is not a difficult process. You just have to take a few minutes getting comparison quotes from some recommended companies. You can get a good selection of rate quotes using a couple different methods.

  1. Experts agree that the best way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This type of form keeps you from doing separate quotes for each company you want a rate for. One form gets prices estimates instantly.
  2. A less efficient way to analyze rates is going to each company’s website and repeat the quote process. For sake of this example, we’ll assume you want to compare Allstate, State Farm and American Family. To get each rate you have to navigate to each company’s site to input your insurance information, which can take a lot of time.

    For a handy list of car insurance company links in your area, click here.

  3. Even if you have time, the least recommended method to compare price estimates is physically going to insurance agents’ offices. Quoting and buying insurance online has reduced the need for local agents unless you have a complicated situation and need the peace of mind that you can only get from talking to an agent. Although, it is possible find lower rates online but buy from a local insurance agent.

You can choose any of those ways to find more affodable coverage, but make sure you use equivalent coverages for every company. If you are comparing mixed coverages it will be nearly impossible to determine the lowest rate for your Hyundai Accent.

More discounts mean cheap premiums

Car insurance companies don’t list all their discounts very well, so we took the time to find a few of the more common as well as the least known discounts that you may qualify for.

  • College Student – Older children who are enrolled in higher education away from home and do not take a car to college may be insured at a cheaper rate.
  • Professional Organizations – Being a member of a professional or civic organization can get you a small discount when getting a car insurance quote.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in school.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying in monthly installments you may reduce your total bill.
  • Accident Waiver – This one isn’t a discount, but companies like Progressive, Allstate, and GEICO will allow you to have one accident without getting socked with a rate hike if you have no claims prior to being involved in the accident.
  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts can receive discounts of 20% or more.
  • Telematics Discount – Drivers who agree to allow their car insurance company to track when and where they use their vehicle by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system might see lower rates if they show good driving skills.

Keep in mind that most credits do not apply to the entire cost. Most only apply to specific coverage prices like medical payments or collision. So even though you would think you would end up receiving a 100% discount, company stockholders wouldn’t be very happy. Any amount of discount will help reduce the cost of your policy.

A few of the larger companies and a summarized list of policyholder discounts are:

  • GEICO may offer discounts for emergency military deployment, seat belt use, daytime running lights, multi-policy, and driver training.
  • Auto-Owners Insurance has savings for mature driver, anti-lock brakes, company car, safe vehicle, multi-policy, anti-theft, and good student.
  • American Family may have discounts that include good student, bundled insurance, multi-vehicle, Steer into Savings, early bird, and defensive driver.
  • Esurance policyholders can earn discounts including emergency road assistance, anti-theft, Pac-12 alumni, good driver, anti-lock brakes, safety device, and claim free.
  • Progressive offers premium reductions for continuous coverage, good student, online quote discount, homeowner, online signing, and multi-vehicle.
  • State Farm offers discounts including multiple policy, Steer Clear safe driver discount, anti-theft, safe vehicle, good driver, student away at school, and Drive Safe & Save.
  • AAA may include discounts for multi-car, education and occupation, AAA membership discount, multi-policy, pay-in-full, anti-theft, and good driver.

Before you buy a policy, ask every prospective company which discounts can lower your rates. Some credits may not apply everywhere. To locate companies offering car insurance discounts, click here to view.

It’s not one size fits all

When buying adequate coverage, there really is not a best way to insure your cars. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions can help discover if your situation may require specific advice.

  • If I drive on a suspended license am I covered?
  • What is the minimum liability in my state?
  • Do I need more liability coverage?
  • Is my Hyundai Accent covered if I use it for business?
  • What is UM/UIM insurance?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I insured when driving a different vehicle?
  • What is covered by UM/UIM coverage?
  • Am I covered if I break a side mirror?

If you’re not sure about those questions then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

How insurance companies calculate Hyundai Accent insurance prices

A large part of saving on auto insurance is knowing some of the elements that help determine the level of your policy premiums. If you have a feel for what determines base rates, this empowers consumers to make smart changes that may result in much lower annual insurance costs.

The following are some of the most rate-impacting factors that factor into your rate level.

  • Do safer cars cost less to insure? – Safer cars get lower rates. These vehicles help reduce the chance of injuries in an accident and lower rates of occupant injuries means lower claim amounts which can mean better rates for you. If your Hyundai scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.
  • Lower premiums with continuous auto insurance coverage – Going without insurance is a fast way to pay more for auto insurance. And not only will insurance be more expensive, getting caught without coverage may result in fines or a revoked license. You may then be required to file a SR-22 with your state motor vehicle department.
  • Pay more if you have a long commute – Being located in small towns and rural areas is a good thing if you are looking for the lowest rates. People who live in big cities have to deal with more road rage incidents and more time behind the wheel. Fewer people translates into fewer accidents and a lower car theft rate.
  • File a policy claims and pay more – Companies award the lowest premiums to people who only file infrequent claims. If you file a lot of claims you can expect much higher rates or policy non-renewal. Your car insurance is intended to be relied upon for larger claims.

Do drivers who switch really save?

Drivers constantly see and hear ads that claim the lowest rates by companies like GEICO, State Farm and Progressive. All the companies tend to make the same promise about saving some big amount if you just switch to them.

How does every company charge you less for car insurance? This is the way they can do it.

Insurance providers give the best rates for the type of customer that will most likely be profitable. One example of this type of risk profile may need to be a married female, has a low-risk occupation, and has a high credit rating. Anybody who meets those qualifications receive the lowest rate quotes and will also pay quite a bit less when switching companies.

Drivers who fall short of the ideal profile will see a higher rate which results in the customer buying from someone else. If you pay attention, the ads say “people who switch” not “everyone that quotes” can get the lowest rates when switching. That’s the way companies can make the claims of big savings. Different companies use different criteria so it is so important to do a price quote comparison at every renewal. It’s not possible to predict which auto insurance company will fit your personal profile best.

Parts of your auto insurance policy

Knowing the specifics of your auto insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages offered by auto insurance companies.

Collision insurance

This coverage covers damage to your Accent resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as hitting a parking meter, sustaining damage from a pot hole, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Hyundai Accent.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for expenses like chiropractic care, surgery and funeral costs. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Auto liability insurance

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

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things like loss of income, medical services, emergency aid and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Comprehensive auto insurance

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as vandalism, rock chips in glass, a tree branch falling on your vehicle, damage from flooding and fire damage. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

More quotes. Lower rates.

As you restructure your insurance plan, never skimp on coverage in order to save money. There are too many instances where someone dropped liability coverage limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage for the lowest price.

We covered a lot of tips how to compare 2016 Hyundai Accent insurance rates online. The key concept to understand is the more times you quote, the better chance you’ll have of finding affordable car insurance. Drivers may discover the lowest rates are with the smaller companies. Regional companies may have significantly lower auto insurance rates on certain market segments as compared to the big name companies such as Progressive and GEICO.

Additional car insurance information is located at the links below