How Much Does 2013 Hyundai Elantra Coupe Insurance Cost?

Scraping up a payment for high-priced Hyundai Elantra Coupe insurance can stress out your accounts and put a big crunch on your finances.

Due to the abundance of choices, it is very difficult to find the lowest price auto insurance provider.

It’s a good habit to compare premium rates every six months since insurance prices are adjusted regularly by insurance companies. Even if you got the lowest rates on Elantra Coupe insurance two years ago other companies may now be cheaper. You can search a lot of auto insurance online but we’re going to give you some tested techniques to stop overpaying for insurance.

Finding auto insurance

When shopping for auto insurance there are multiple ways of comparing price quotes from all the different companies. The simplest method to find cheaper 2013 Hyundai Elantra Coupe rates is simply to get online rate quotes. This can be done using a couple different methods.

  • If you don’t have a lot of time, the easiest way to get the best comparison quotes is a comparison rater form (click to open form in new window). This method prevents you from having to do a different quote for every auto insurance company. Completing one form will return quotes from multiple low-cost companies.
  • A more time consuming way to analyze rates consists of visiting the website for every company you want to comare to complete a price quote. For examples sake, let’s say you want to compare prices for Allstate, Safeco and Travelers. To get rate quotes you would need to visit each site and repeatedly type in your coverage information, which explains why we recommend starting with the first method.

    To view a list of companies in your area, click here.

  • The final way to get price estimates is driving to all the different insurance agencies. The ability to buy insurance online has made agencies unnecessary unless you have a need for the professional assistance that can only be provided by a licensed insurance agent. Although, it is possible compare the best prices online but have a local agent actually write the policy.

Whichever way you choose to compare rates, make sure you compare nearly identical quote information on every quote. If you enter different values for each quote it will be next to impossible to make an equal comparison. Just a small difference in insurance coverages or limits could throw off the whole comparison. Keep in mind that comparing a wide range of rates increases your odds of finding a lower rate. Some companies don’t provide prices over the internet, so it’s necessary to compare price quotes from the smaller companies as well.

Brand name doesn’t guarantee savings

Car insurance companies such as Progressive, Allstate and Geico seem to constantly run ads on TV and radio. All the companies make the same claim about how much you will save just by switching your policy. How is it plausible that every one can cost less than your current company? It’s all in the words they use.

Many companies have specific guidelines for the type of customer they prefer to insure. For instance, this type of insured should be between 30 and 50, is a homeowner, and drives less than 7,500 miles a year. Anybody that hits that “sweet spot” receive the lowest rate quotes and as a result will probably pay quite a bit less when switching companies.

Insureds who may not quite match these standards will get a higher rate and ends up with the customer buying from a different company. The trick is to say “people that switch” not “all people who quote” save the amount stated. That’s the way insurance companies can confidently make claims that they all have the best auto insurance rates. This really emphasizes why you really should compare rate quotes every year. It’s impossible to know which company will fit you best based on your risk profile.

These discounts can reduce insurance rates

Insurance is easily one of your largest bills, but you can get discounts that many consumers don’t even know exist. A few discounts will automatically apply at quote time, but occassionally some discounts must be specially asked for in order for you to get them.

  • Driver Training Discounts – Participating in a course in defensive driving could cut 5% off your bill if your company offers it.
  • ABS and Traction Control Discounts – Cars equipped with ABS or steering control prevent accidents so you can save 10 percent or more.
  • Active Military Service – Being deployed with a military unit could be rewarded with lower rates.
  • Payment Discounts – By paying your entire bill at once instead of making monthly payments you can avoid the installment charge.
  • Paper-free Discount – A few larger online companies provide a small discount for signing up online.
  • Anti-theft System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and will save you 10% or more.
  • Savings for New Vehicles – Buying a new car model can get you a discount because new vehicles are generally safer.
  • Good Grades Discount – A discount for being a good student may save as much as 25% on a car insurance quote. The good student discount can last until age 25.
  • Auto/Home Discount – When you have multiple policies and insure them both with the same insurance company you may earn at least 10% off all policies.
  • No Claims – Good drivers with no accidents can earn big discounts in comparison with policyholders that have many claims.

As a footnote on discounts, most credits do not apply to your bottom line cost. The majority will only reduce specific coverage prices like collision or personal injury protection. Even though it appears all those discounts means the company will pay you, companies wouldn’t make money that way.

A list of insurance companies and some of the premium reductions they offer are detailed below.

  • Progressive offers premium reductions for multi-policy, continuous coverage, homeowner, good student, online quote discount, multi-vehicle, and online signing.
  • Farmers Insurance has discounts for distant student, homeowner, switch companies, multi-car, and teen driver.
  • Farm Bureau discounts include 55 and retired, multi-vehicle, driver training, multi-policy, and good student.
  • State Farm may have discounts that include good student, defensive driving training, Steer Clear safe driver discount, Drive Safe & Save, good driver, anti-theft, and safe vehicle.
  • Geico offers discounts for membership and employees, multi-policy, daytime running lights, air bags, anti-lock brakes, and five-year accident-free.
  • SAFECO offers discounts including homeowner, anti-lock brakes, accident prevention training, safe driver, teen safe driver, drive less, and teen safety rewards.
  • Liberty Mutual policyholders can earn discounts including multi-car, exclusive group savings, good student, newly married, multi-policy, new move discount, and new graduate.

When comparing rates, check with each company or agent which discounts can lower your rates. Some credits may not apply to policyholders everywhere. If you would like to see a list of providers that have a full spectrum of discounts, click here to view.

When do I need an agent’s advice?

When choosing coverage, there is no one size fits all plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that could help you determine if your situation will benefit from professional help.

  • When should my teen driver be added to my policy?
  • Does coverage extend to Mexico or Canada?
  • What are the best liability limits?
  • Is my Hyundai Elantra Coupe covered if I use it for business?
  • Does my car insurance cover rental cars?
  • Am I missing any policy discounts?
  • Should I carry comprehensive and collision coverage?
  • Is my trailer covered?
  • Is other people’s property covered if stolen from my vehicle?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.

Car insurance coverages 101

Understanding the coverages of a car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by car insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Hyundai Elantra Coupe.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Coverage for collisions

This pays for damage to your Elantra Coupe resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, hitting a parking meter, sideswiping another vehicle and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Auto liability

This coverage protects you from damage that occurs to a person or their property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims such as repair bills for other people’s vehicles, funeral expenses, court costs and emergency aid. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses like prosthetic devices, dental work, rehabilitation expenses, EMT expenses and surgery. They can be used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as theft, hitting a deer, vandalism and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Compare but don’t skimp

As you shop your coverage around, it’s very important that you do not sacrifice coverage to reduce premiums. In many cases, an insured cut full coverage only to discover later that the few dollars in savings costed them thousands. Your objective should be to buy enough coverage for the lowest cost.

We just presented many tips how you can shop for 2013 Hyundai Elantra Coupe insurance online. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on insurance coverage is with some of the lesser-known companies. These companies may have significantly lower rates on certain market segments than their larger competitors like State Farm or Progressive.

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