How Much Does 1995 Hyundai Elantra Insurance Cost?

Searching for better auto insurance rates for your Hyundai Elantra? High-priced Hyundai Elantra insurance can drain your checking account and make it hard to pay other bills. Performing a price comparison is free and is an excellent way to cut your insurance bill.

You have multiple insurance companies to insure vehicles with, and although it’s nice to have a choice, having more insurance companies makes it harder to compare rates.

Consumers need to price shop coverage once or twice a year since insurance prices change frequently. Even if you think you had the lowest price on Elantra coverage a few years ago there is a good chance you can find better rate quotes now. Block out anything you think you know about auto insurance because you’re about to learn the only way to save money, get proper deductibles and limits, all at the lowest rate.

Discounts to earn lower-cost auto insurance rates

Companies that sell car insurance don’t always list every disount available very clearly, so the following list contains a few of the more well known and also the more inconspicuous ways to save on auto insurance.

  • Accident Forgiveness – This isn’t a discount exactly, but companies like Allstate and Geico allow you one accident before hitting you with a surcharge if you are claim-free for a set time period.
  • Anti-theft System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and that can save you a little bit as well.
  • Membership in Organizations – Affiliation with a qualifying organization may earn a discount on auto insurance.
  • Student Discount for Driver Training – Cut your cost by having your teen driver sucessfully take a drivers education course in school or through a local driver safety program.
  • Pay Now and Pay Less – By paying your entire bill at once instead of paying each month you can avoid the installment charge.
  • Lower Rates for Military – Having an actively deployed family member may qualify for rate reductions.
  • Sign Early and Save – A few auto insurance companies offer discounts for buying a policy prior to your current policy expiring. It can save you around 10%.
  • Multi-Vehicle Discounts – Insuring several vehicles on one policy can get a discount on all vehicles.

Don’t be surprised that most of the big mark downs will not be given to all coverage premiums. Some only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like adding up those discounts means a free policy, it just doesn’t work that way. But any discount will reduce the premium cost.

Popular auto insurance companies and a selection of discounts can be found below.

  • Geico offers premium reductions for seat belt use, air bags, anti-theft, driver training, daytime running lights, multi-vehicle, and multi-policy.
  • USAA includes discounts for vehicle storage, defensive driver, annual mileage, family discount, new vehicle, multi-policy, and military installation.
  • Progressive offers discounts including online quote discount, good student, multi-vehicle, homeowner, online signing, and multi-policy.
  • American Family has savings for accident-free, multi-vehicle, bundled insurance, mySafetyValet, early bird, TimeAway discount, and good student.
  • Esurance may have discounts that include online shopper, safety device, emergency road assistance, defensive driver, and good driver.
  • Farmers Insurance discounts include homeowner, pay in full, electronic funds transfer, distant student, business and professional, alternative fuel, and teen driver.
  • State Farm offers discounts for driver’s education, good driver, Drive Safe & Save, safe vehicle, multiple policy, anti-theft, and defensive driving training.

When getting a coverage quote, ask every company what discounts are available to you. All car insurance discounts may not apply to policies everywhere.

How to get auto insurance price quotes

Finding more affordable auto insurance prices is actually easier than you may think. The only thing you need to do is invest a few minutes comparing price quotes provided by online insurance companies. Insurance prices can be quoted in just a few minutes using one of these methods.

If you don’t have a lot of time, the easiest way to compare a lot of rates at once would be an industry-wide quote request form click here to open form in new window. This method keeps you from doing repetitive form submissions to each individual auto insurance company. Taking the time to complete one form gets coverage cost estimates from all major companies.

A harder way to find better pricing is to take the time to go to each company’s website and request a quote. For instance, let’s assume you want to compare prices for Progressive, Liberty Mutual and Farmers. To get rate quotes you would need to go to each individual site and type in your information over and over, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

The last method of getting rate comparisons is driving around to insurance agents’ offices. Buying insurance online has made agencies unnecessary unless your situation requires the professional assistance of a licensed agent. Although you can get the lowest quotes online and have a local agent actually service the policy.

It’s your choice how you get your quotes, but double check that you are using equivalent coverages on every quote. If your comparisons have differing limits it’s impossible to decipher which rate is best.

Tailor your insurance coverage to you

When it comes to choosing coverage, there really is not a perfect coverage plan. Every situation is different so your insurance should reflect that For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Are there companies who specialize in insuring high-risk drivers?
  • Should I rate my 1995 Hyundai Elantra as pleasure use or commute?
  • Why does it cost so much to insure a teen driver?
  • Do I have coverage when using my vehicle for my home business?
  • What is the minimum liability in my state?
  • Is my ex-spouse still covered by my policy?
  • Where can I get insurance after a DUI in my state?
  • Do all my vehicles need collision coverage?
  • Can I get a multi-policy discount?
  • When would I need additional glass coverage?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Learn about insurance coverages for a Hyundai Elantra

Having a good grasp of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types available from insurance companies.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like chiropractic care, pain medications, doctor visits and ambulance fees. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Hyundai Elantra.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Auto liability

This coverage provides protection from damage that occurs to other people or property. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for claims like funeral expenses, emergency aid, court costs and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

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

Auto collision coverage

Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like hitting a parking meter, colliding with a tree, driving through your garage door, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

In conclusion

As you shop your coverage around, you should never skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced liability coverage limits only to find out they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

In this article, we covered some good ideas how you can reduce 1995 Hyundai Elantra insurance premium rates online. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the lowest premium rates are with some of the lesser-known companies. Some small companies often have lower prices on specific markets than their larger competitors like Allstate or State Farm.

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