How Much Does 1996 Hyundai Elantra Insurance Cost?

Searching for better insurance prices for a Hyundai Elantra can be a lot of work, but you can learn these tips to save time.

There are more efficient ways to compare insurance rates so we’re going to tell you the quickest way to get price quotes for a Hyundai and obtain the lowest possible price from both online companies and local agents.

If you are insured now or need new coverage, you will benefit by learning to cut your premiums while maintaining coverages. Finding the best coverage is not that difficult. Vehicle owners just need to know the best way to get comparison quotes on the web.

Hyundai Elantra rates influenced by many factors

Consumers need to have an understanding of the different types of things that play a part in calculating the rates you pay for insurance. Understanding what impacts premium levels enables informed choices that could result in better insurance rates.

  • Men are more aggressive – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Men and women have accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also receive more costly citations like reckless driving and DUI.
  • Your job and insurance rates – Careers like judges, social workers and accountants have higher rates than average attributed to high stress and long work days. On the flip side, jobs such as actors, athletes and the unemployed get better rates for Elantra insurance.
  • A clean driving record saves money – A bad driving record has a lot to do with how much you pay for insurance. Drivers with clean records get better rates than their less careful counterparts. Just one ticket may increase your cost forty percent or more. If you have dangerous violations such as hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to prevent a license revocation.
  • Lower rates come with age – Young drivers are statistically proven to be careless and easily distracted when driving so they pay higher insurance rates. Having to add a young driver to your insurance policy can really hurt. More mature drivers are more cautious drivers, tend to cause fewer accidents and get fewer tickets.
  • Always keep insurance in force – Allowing your coverage to lapse is a guaranteed way to increase your insurance rates. And not only will your rates increase, getting caught without coverage might get you a license revocation or jail time.
  • Multiple policies with one company can save – Many insurance companies provide better rates to policyholders who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s still a good idea to compare rates to confirm you are receiving the best rates possible.

Insurance Coverage Prices

Lowering your 1996 Hyundai Elantra insurance coverage rates is not a difficult process. All you need to do is take a few minutes comparing price quotes provided by online insurance companies. This is very easy and can be done using a couple different methods.

  • One of the best ways to find low rates is an all-inclusive rate comparison (click to open form in new window). This type of form eliminates the need for repetitive form submissions for each company you want a rate for. Completing one form will get you price quotes from multiple companies.It’s the quickest way to get rates.
  • A less efficient way to shop for insurance coverage online requires you to visit each company website and fill out their own quote form. For examples sake, let’s assume you want to compare State Farm, GEICO and American Family. You would have to take the time to go to each site and enter your policy data, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  • The least recommended way of getting rate comparisons is to spend time driving to and from local insurance agencies. The internet makes this process obsolete unless you prefer the professional advice that only a license agent can provide. Drivers can get the lowest quotes online but still have the advice of a local agent. We’ll cover that shortly.

Whichever method you choose, double check that you are using the exact same coverages for every company. If you enter different liability limits it will be very difficult to determine the lowest rate for your Hyundai Elantra.

How much can you save with discounts?

Insuring your vehicles can cost a lot, but there could be available discounts to reduce the price significantly. Some trigger automatically when you quote, but less common discounts must be asked about before being credited. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save up to 15% off your PIP or medical payments premium.
  • No Accidents – Good drivers with no accidents pay less when compared with accident-prone drivers.
  • Driver Safety – Taking part in a course teaching defensive driving skills can save you 5% or more if your company offers it.
  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. The good student discount can last until age 25.
  • Driver’s Ed – Require your teen driver to take driver’s ed class if offered at their school.

A little note about advertised discounts, many deductions do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, companies don’t profit that way. But any discount will reduce your premiums.

Car insurance companies who might offer these discounts may include but are not limited to:

Double check with each company which discounts you may be entitled to. Savings might not be offered in your area.

How much car insurance do I need?

When it comes to choosing proper insurance coverage, there is no “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that might help in determining if you will benefit from professional help.

  • Why do I only qualify for high-risk insurance?
  • Is business property covered if stolen from my car?
  • Does my medical payments coverage pay my health insurance deductible?
  • Why does it cost so much to insure a teen driver?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I waive the damage coverage when renting a car?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and may give you better protection.

Car insurance coverages and their meanings

Knowing the specifics of a car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Collision coverages – Collision coverage covers damage to your Elantra from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like backing into a parked car, crashing into a building, hitting a parking meter and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Auto liability – Liability insurance provides protection from damage that occurs to other people or property by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like medical expenses, bail bonds, emergency aid, attorney fees and repair bills for other people’s vehicles. How much coverage you buy is up to you, but consider buying as much as you can afford.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like prosthetic devices, hospital visits, doctor visits and pain medications. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 1996 Hyundai Elantra.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally the UM/UIM limits are set the same as your liablity limits.

Comprehensive coverages – This covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like hail damage, theft, falling objects, a broken windshield and vandalism. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Summing up your insurance search

People who switch companies do it for any number of reasons including questionable increases in premium, an unsatisfactory settlement offer, delays in paying claims or even denial of a claim. It doesn’t matter what your reason, switching insurance companies is pretty easy and you might even save some money in the process.

We’ve covered some good ideas how to get a better price on 1996 Hyundai Elantra insurance. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with some of the smallest insurance companies.

While you’re price shopping online, do not sacrifice coverage to reduce premiums. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy the best coverage you can find at the best price.

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