2013 Hyundai Veloster Insurance Cost – 10 Ways to Save

No one in their right mind likes buying auto insurance, especially knowing they could find better rates elsewhere.

Lots of car insurance companies contend for your insurance dollar, so it can be very hard to choose a insurer to find the lowest price

It’s a great practice to compare rates as often as possible because auto insurance prices trend upward over time. Even if you got the best rates on Veloster insurance at your last renewal there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to the fastest way to find great coverage at a great price.

If you currently have a car insurance policy, you will most likely be able to cut costs considerably using this information. Buying car insurance is easy if you know what you’re doing. But drivers must understand the way insurance companies price insurance differently and use this information to your advantage.

Finding auto insurance

To find low cost prices, there are a couple of ways to compare prices from different insurance companies. The recommended way to find affordable 2013 Hyundai Veloster insurance rates is simply to get online rate quotes. This can be done in just a few minutes using one of these methods.

The most efficient way consumers can analyze rates would be an industry-wide quote request form like this one (opens in new window). This type of form prevents you from having to do separate forms for every prospective company. One form submission gets you coverage quotes direct from many companies.

A slightly less efficient method to compare rate quotes is spending the time to visit the website of each company and repeat the quote process. For instance, we’ll assume you want to compare rates from Nationwide, Allstate and State Farm. You would be required to go to every website and enter your policy data, which can get old fast.

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

Whichever method you choose, make absolute certain that you use apples-to-apples coverages on every quote. If your comparisons have different liability limits you will not be able to make a fair rate comparison. Quoting even small variations in insurance coverages can make a big difference in price. Just keep in mind that comparing a wide range of rates gives you a better chance of getting the best price. Some regional insurers cannot provide online quotes, so you need to compare price quotes from them as well.

Find discounts on auto insurance

Some insurers don’t necessarily list every available discount very clearly, so we took the time to find both the well known in addition to some of the lesser obvious auto insurance savings.

  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Accident Waiver – This isn’t a discount exactly, but some companies like Allstate and Progressive will allow you to have one accident without the usual rate increase if your claims history is clear for a certain period of time.
  • Policy Bundle Discount – When you combine your auto and homeowners insurance with one company you may earn up to 20% off your total premium.
  • Government Employee Discount – Being employed by or retired from a federal job can save as much as 8% on Veloster insurance with certain companies.
  • Driver Training Discounts – Taking time to complete a safe driver course could cut 5% off your bill depending on where you live.
  • Save over 55 – If you’re over the age of 55, you may qualify for a discount up to 10% on Veloster insurance.
  • Early Payment Discounts – If paying your policy premium upfront rather than paying monthly you could save 5% or more.
  • Good Student – Excelling in school can get you a discount of up to 25%. The good student discount can last up to age 25.
  • Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase life insurance.
  • Online Discount – A few larger online companies may give you up to $50 for completing your application over the internet.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most cut individual premiums such as comprehensive or collision. Despite the fact that it seems like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

Car insurance companies who may offer these money-saving discounts include:

If you need cheaper auto insurance quotes, ask every insurance company to apply every possible discount. Depending on the company, some discounts may not apply in your area.

Tailor your insurance coverage coverage to you

When it comes to buying adequate coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your situation could use an agent’s help.

  • Am I insured when driving a different vehicle?
  • When can my company non-renew my policy?
  • Should I carry comprehensive and collision coverage?
  • Is business property covered if stolen from my car?
  • What vehicles should carry emergency assistance coverage?
  • When should I drop full coverage on my 2013 Hyundai Veloster?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Are all vehicle passengers covered by medical payments coverage?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Can you really save that much by switching?

Insurance providers like State Farm, Allstate and Geico consistently run ads in print and on television. All the ads state the claim of big savings after switching to them. How does every company cost less than your current company? It’s all in the wording.

Most companies require specific criteria for the type of driver that earns them a profit. An example of this type of driver could possibly be over the age of 35, has never had a claim, and drives a lower-performance vehicle. Any person who matches that profile will most likely get cheap prices and will also save when switching.

People who don’t measure up to these criteria will have to pay higher premiums which results in the customer not buying. The wording the ads use say “drivers that switch” but not “everyone who gets a quote” save money. That’s the way companies can truthfully make it sound like they have such great rates. This really drives home the point why it is so important to compare quotes as often as possible. Because without a comparison, you cannot know with any certainty which company will fit your personal profile best.

Car insurance coverages for a 2013 Hyundai Veloster

Knowing the specifics of your insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverage types found on most insurance policies.

Collision coverage – Collision coverage will pay to fix damage to your Veloster resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as rolling your car, driving through your garage door, sustaining damage from a pot hole and colliding with a tree. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for expenses like doctor visits, funeral costs and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle from other motorists when they 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.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability car insurance – This provides protection from damage that occurs to other people or property that is your fault. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against things such as bail bonds, medical services and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive insurance – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like rock chips in glass, damage from a tornado or hurricane and hitting a bird. The maximum amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Saving money is sweet as honey

We just showed you many ideas to shop for 2013 Hyundai Veloster insurance online. The key thing to remember is the more providers you compare, the better your comparison will be. Drivers may discover the best car insurance rates are with a lesser-known regional company. These companies can often insure niche markets at a lower cost than their larger competitors like Allstate, Geico and Progressive.

Some auto insurance companies do not provide rates over the internet and most of the time these small insurance companies provide coverage only through local independent agents. Low-cost 2013 Hyundai Veloster insurance can be found on the web as well as from independent agents, and you need to comparison shop both in order to have the best price selection to choose from.

Much more information about auto insurance is located at these links: