Cheap 1998 Hyundai Elantra Car Insurance Quotes

Paying for high-priced Hyundai Elantra insurance can drain your savings account and put the squeeze on your family’s finances. Comparing price quotes is free, only takes a few minutes, and is a good way to cut your insurance bill. You have so many insurance companies to insure vehicles with, and even though it’s nice to have multiple companies, it can be more challenging to compare rates and find the lowest cost insurance coverage.

Don’t miss out on these money-saving discounts

Properly insuring your vehicles can get expensive, but you may find discounts that you may not even be aware of. Most are applied at quote time, but less common discounts must be manually applied in order for you to get them. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Good Student Discount – A discount for being a good student can earn a discount of 20% or more. The discount lasts up until you turn 25.
  • Lower Rates for Military – Having a family member in the military could be rewarded with lower premiums.
  • Low Mileage – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper due to better safety requirements for new cars.
  • Homeowners Discount – Owning a home may trigger a car insurance policy discount because maintaining a house requires personal responsibility.

Drivers should understand that some of the credits will not apply to your bottom line cost. A few only apply to individual premiums such as physical damage coverage or medical payments. So when it seems like you could get a free car insurance policy, you’re out of luck. But any discount will help reduce the cost of coverage.

To see a list of insurers with discount car insurance rates, follow this link.

The fastest way that we advise to compare insurance rates in your area utilizes the fact most insurance companies will pay a fee to give rate comparisons. All consumers are required to do is give them rating details like deductibles desired, your credit rating estimate, how old drivers are, and types of safety features. That information is sent automatically to many different companies and they return quotes almost instantly.

Factors that might impact rates for a Hyundai Elantra

It’s important that you understand the different types of things that come into play when calculating the rates you pay for car insurance. Knowing what controls the rates you pay enables informed choices that could result in better car insurance rates.

The list below includes some of the factors car insurance companies consider when setting premiums.

  • How’s your driving record? – Your driving record has a big impact on rates. Even a single citation may increase your cost by as much as thirty percent. Drivers with clean records get better rates compared to drivers with tickets. Drivers who get flagrant violations like hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form with their state DMV in order to keep their license.
  • Do you need those extra coverages? – There are many additional coverages that you can buy if you aren’t careful. Things like rental car reimbursement, towing coverage and membership fees may be costing you every month. These may sound like a good investment at first, but your needs may have changed so remove them from your policy.
  • Lower deductibles cost more – Physical damage insurance, also known as collision and other-than-collision, protects your Hyundai from damage. Examples of covered claims would be running into the backend of another car, collision with an animal, or theft. The deductibles are the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The higher the amount you’re willing to pay, the lower your rates will be on Elantra insurance.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings tend to have better insurance rates. Safe vehicles reduce injuries and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Hyundai Elantra scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Marriage pays dividends – Getting married can actually save you money on your car insurance policy. Having a significant other is viewed as being more mature than a single person it has been statistically shown that married couples file fewer claims.

Do I need special coverages?

When buying adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions could help you determine whether you might need an agent’s assistance.

  • Am I covered when pulling a rental trailer?
  • Do I need more liability coverage?
  • Do I need an umbrella policy?
  • What is PIP insurance?
  • Do I need special endorsements for business use of my vehicle?
  • How high should my uninsured/underinsured coverage be in my state?
  • Where can I find high-risk insurance?
  • What exactly is covered by my policy?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It’s fast, free and you can get the answers you need.

Auto insurance coverage information

Having a good grasp of your policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. These are typical coverage types available from insurance companies.

Liability coverage

Liability coverage can cover injuries or damage you cause to other people or property. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as legal defense fees, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Collision insurance

Collision insurance will pay to fix damage to your Elantra caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things like driving through your garage door, damaging your car on a curb, sustaining damage from a pot hole, rolling your car and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, falling objects, a broken windshield and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your 1998 Hyundai Elantra.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits are similar to your liability insurance amounts.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as nursing services, surgery, ambulance fees, prosthetic devices and X-ray expenses. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Buy online or local, you save

Discount 1998 Hyundai Elantra insurance is possible online as well as from independent agents, so compare prices from both to have the best selection. Some insurance providers don’t offer online quoting and these small insurance companies work with independent agents.

You just learned some good ideas how to lower your insurance rates. It’s most important to understand that the more companies you get rates for, the higher your chance of finding lower rates. Drivers may discover the most savings is with an unexpected company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.

To read more, feel free to browse the articles below: