Cheap 2014 Hyundai Elantra GT Insurance Rates

Feel like you’re a prisoner to an overpriced insurance policy? Believe me, you’re not the only one. Having so many online and local companies to choose from, it can be diffult for consumers to choose the right provider.

It’s important to compare rates once or twice a year due to the fact that insurance rates are adjusted regularly by insurance companies. Even if you think you had the lowest rates on Elantra GT coverage two years ago a different company probably has better rates today. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to how to use the internet to find great coverage at a great price.

Finding the best rates is quite easy. If you currently have car insurance, you will most likely be able to reduce your rates substantially using these techniques. Vehicle owners just need to understand the proper methods to compare company rates over the internet.

Compare the Market for Car Insurance

There are several ways to compare Hyundai Elantra GT car insurance quotes, but there is one way that is less time-consuming than others. You could spend your day talking about coverages with agents in your area, or you can utilize online quotes to get the quickest rates.

Most of the best insurance companies take part in a program where insurance shoppers enter their policy data once, and at least one company then gives them pricing based on that data. This system prevents you from having to do quote forms for each company.

To find out how much you’re overpaying now click here to start a free quote.

The single downside to pricing coverage this way is you can’t choose which companies you want pricing from. If you wish to select specific insurance companies to compare, we have assembled a list of the cheapest car insurance companies in your area. View list of insurance companies.

Whichever way you use, make absolute certain that you use the exact same coverage limits and deductibles on every quote you get. If you have different liability limits then you won’t be able to find the best deal for your Hyundai Elantra GT.

Pay less for 2014 Hyundai Elantra GT insurance

Companies that sell car insurance do not advertise every discount in an easy-to-find place, so we researched both the well known and the more hidden discounts you could be receiving. If they aren’t giving you every credit you deserve, you are paying more than you should be.

  • No Charge for an Accident – A few companies will allow you to have one accident before your rates go up if you are claim-free for a set time period.
  • Defensive Driver – Taking part in a course in driver safety could possibly earn you a 5% discount depending on where you live.
  • Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper due to better safety requirements for new cars.
  • Seat Belts Save – Requiring all passengers to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
  • Early Switch Discount – Select companies give a discount for buying a policy prior to your current policy expiring. It’s a savings of about 10%.

It’s important to understand that most of the big mark downs will not be given the the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, car insurance companies aren’t that generous.

To see a list of providers who offer car insurance discounts, click this link.

Hyundai Elantra GT rates are complex

Smart consumers have a good feel for the rating factors that play a part in calculating insurance coverage rates. Understanding what influences your rates empowers consumers to make smart changes that could result in better insurance coverage rates.

Shown below are a few of the “ingredients” used by your company to calculate premiums.

  • Lower rates with optional equipment – Choosing a vehicle with anti-theft technology or alarm system can get you a discount on your insurance coverage. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.
  • High crash test scores lower rates – Vehicles with high crash test scores get lower rates. Safe vehicles protect occupants better and lower injury rates means less money paid by your insurance company passed on to you as lower rates. If your Hyundai is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Rural vs Urban Areas – Residing in a small town is a positive aspect when it comes to insurance coverage. City drivers regularly have more traffic problems and a longer drive to work. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft.
  • Being married is a good thing – Getting married actually saves money on your policy. Marriage means you’re more mature than a single person and it’s proven that married drivers get in fewer accidents.
  • Better credit means lower rates – A driver’s credit score is a large factor in determining your rates. If your credit rating is lower than you’d like, you could be paying less to insure your 2014 Hyundai Elantra GT by improving your rating. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers who have poor credit.

Tailor your coverage to you

When buying the best insurance coverage coverage, there is no cookie cutter policy. Every situation is different and your policy should reflect that. For instance, these questions might point out if you will benefit from professional help.

  • Can I drive in Mexico and have coverage?
  • Should I buy additional glass protection?
  • Am I covered if I hit my neighbor’s mailbox?
  • Are my friends covered when driving my car?
  • Is my ex-spouse still covered by my policy?
  • Will I lose any money if I cancel my policy before it expires?
  • Is my babysitter covered when using my vehicle?
  • Can I afford to pay high deductible claims out of pocket?
  • Why am I required to get a high-risk car insurance policy?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Ads can be misleading

Consumers can’t ignore all the ads for the lowest price auto insurance by Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise that you can save if you switch to their company.

How does each company claim to save you money? It’s all in the numbers.

All the different companies have a preferred profile for the type of driver they prefer to insure. A good example of a profitable customer could possibly be between the ages of 40 and 55, has no driving citations, and drives less than 7,500 miles a year. A customer getting a price quote who matches those parameters receives the best rates and most likely will pay quite a bit less when switching companies.

Potential customers who do not match the “perfect” profile must pay a more expensive rate which leads to business not being written. The ads state “customers that switch” not “everybody who quotes” save that much money. This is how insurance companies can make those claims. This illustrates why it’s extremely important to quote coverage with many companies. It’s impossible to know which insurance company will give you the biggest savings on Hyundai Elantra GT insurance.

Information about specific coverages

Understanding the coverages of your insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are the normal coverages available from insurance companies.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for bills for things like surgery, nursing services and rehabilitation expenses. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, hitting a bird, vandalism, hitting a deer and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision protection

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like rolling your car, crashing into a building, hitting a mailbox, hitting a parking meter and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Liability auto insurance

This coverage protects you from damage that occurs to other people or property in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things like emergency aid, attorney fees, loss of income, medical expenses and court costs. How much coverage you buy is a personal decision, but buy higher limits if possible.

Uninsured/Underinsured Motorist coverage

This provides protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Better coverage you can count on

When shopping online for auto insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced collision coverage to discover at claim time that it was a big error on their part. Your aim should be to buy enough coverage at an affordable rate, not the least amount of coverage.

You just learned some good ideas how to get a better price on 2014 Hyundai Elantra GT insurance. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the most savings is with some of the smallest insurance companies. Some small companies may only write in your state and offer lower rates than their larger competitors like Allstate, GEICO and Progressive.

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