How Much Does 2003 Hyundai Accent Insurance Cost?

Trying to find better insurance rates for your Hyundai Accent? Being forced to pay for high-priced insurance premiums can sap your monthly budget and force you to make sacrifices. Since consumers have many companies and agents to choose from, it is very difficult to locate a more affordable insurance provider.

Consumers need to compare prices every six months because insurance rates tend to go up over time. Even if you got the best premium rates on Accent insurance six months ago there may be better deals available now. Block out anything you think you know about insurance because you’re going to learn one of the quickest ways to remove unneeded coverages and save money.

Finding affordable coverage is quite easy. If you have car insurance now, you will most likely be able to lower your premiums substantially using these techniques. Drivers just need to know how to compare price quotes online.

More discounts mean affordable premiums

Insurance coverage is not an enjoyable expense, but you may be missing some discounts to help offset the cost. Some trigger automatically when you quote, but some discounts are required to be specifically requested prior to getting the savings. If you don’t get every credit possible, you are not getting the best rate possible.

  • Seat Belts Save – Drivers who always wear seat belts and also require passengers to use their safety belts can save up to 15% off the personal injury premium cost.
  • Discount for New Cars – Adding a new car to your policy may earn a small discount compared to insuring an older model.
  • Accident Free – Drivers who stay claim-free can earn big discounts as opposed to drivers with a long claim history.
  • Theft Deterent Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and will save you 10% or more.
  • Student Driver Training – It’s a good idea to have your young drivers take driver’s ed class in high school.
  • Government Employees – Active or retired federal employment could cut as much as 10% off on Accent insurance depending on your company.
  • Payment Method – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Distant College Student Discount – Older children who attend college more than 100 miles from home and do not have a car may be insured at a cheaper rate.
  • Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts as much as 30%.
  • More Vehicles More Savings – Purchasing coverage when you have all your vehicles on one policy may reduce the rate for each vehicle.

As a disclaimer on discounts, most credits do not apply to the entire cost. Most cut the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

A few popular companies and their offered discounts are outlined below.

  • 21st Century may have discounts that include good student, student driver, early bird, automatic seat belts, teen driver, and homeowners.
  • State Farm policyholders can earn discounts including anti-theft, Drive Safe & Save, driver’s education, multiple policy, good driver, and Steer Clear safe driver discount.
  • AAA discounts include good driver, good student, multi-policy, anti-theft, AAA membership discount, multi-car, and education and occupation.
  • Liberty Mutual may offer discounts for newly married, multi-policy, new graduate, safety features, exclusive group savings, and hybrid vehicle.
  • Progressive offers premium reductions for multi-policy, continuous coverage, multi-vehicle, online signing, online quote discount, and homeowner.

If you need lower rates, check with each insurance company to give you their best rates. Some of the earlier mentioned discounts might not be offered in every state. To find companies offering insurance coverage discounts, click here.

Which car insurance is cheapest?

Finding a better price on car insurance is surprisingly easy. Just take time comparing free insurance quotes to find the company with inexpensive insurance quotes. This can be done in several different ways.

The most efficient method consumers can make multiple comparisons is an all-inclusive rate comparison click here to open form in new window. This form keeps you from doing repetitive form entry for each company you want a rate for. One form gets you price quotes from multiple companies.

A harder way to get comparison quotes requires a visit to each company’s website and fill out their own quote form. For sake of this example, let’s assume you want to view quotes from Liberty Mutual, Safeco and State Farm. You would be required to take the time to go to each site and repeatedly enter your information, which is why the first method is more popular.

For a list of links to insurance companies in your area, click here.

The method you choose is up to you, but be sure to compare equivalent coverage limits and deductibles for each price quote. If you use different limits and deductibles on each one it will be nearly impossible to make a fair comparison for your Hyundai Accent.

It’s not one size fits all

When buying coverage, there is no perfect coverage plan. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions might point out if your insurance needs will benefit from professional help.

  • Does my personal policy cover me when driving out-of-state?
  • Why is insurance for a teen driver so high?
  • Does car insurance cover theft of personal property?
  • Am I covered when driving in Canada or Mexico?
  • How do I file an SR-22 for a DUI in my state?
  • Do I have any recourse if my insurance company denies a claim?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Insurance coverage options for a 2003 Hyundai Accent

Understanding the coverages of insurance helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types available from insurance companies.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like X-ray expenses, prosthetic devices, pain medications, nursing services and ambulance fees. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage

Collision coverage pays for damage to your Accent caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as sustaining damage from a pot hole, crashing into a building, colliding with a tree, hitting a mailbox and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Uninsured or underinsured coverage

This coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2003 Hyundai Accent.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Auto liability

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

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which stand for a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things like legal defense fees, medical expenses, structural damage and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive protection

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as falling objects, hitting a bird, hail damage, vandalism and theft. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Never pay more for less

As you prepare to switch companies, don’t be tempted to reduce needed coverages to save money. There are a lot of situations where an insured dropped full coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your goal is to buy enough coverage for the lowest cost, but do not sacrifice coverage to save money.

You just read some good ideas how to save on 2003 Hyundai Accent insurance. The key concept to understand is the more providers you compare, the better chance you’ll have of finding cheaper insurance. Consumers may even find the lowest priced insurance comes from the least-expected company. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm, Geico and Nationwide.

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