Lower Your 2014 Hyundai Elantra Coupe Insurance Quotes

Expensive auto insurance can overdraw your bank account and make it impossible to make ends meet. Shopping your coverage around is a great way to help make ends meet.

With consumers having so many insurance companies to choose from, it can be challenging to choose the lowest price car insurance company.

It’s a great practice to shop coverage around quite often since insurance rates are adjusted regularly by insurance companies. Even if you got the best rates for Elantra Coupe coverage a few years ago you may be paying too much now. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the proper way to eliminate unnecessary coverages and save money.

Complexity of Hyundai Elantra Coupe insurance rates

Smart consumers have a good feel for the rating factors that come into play when calculating your car insurance rates. Having a good understanding of what impacts premium levels enables informed choices that will entitle you to big savings.

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

  • Bad driving skills means higher rates – Your driving citation history impacts your car insurance rates tremendously. Just one citation can increase rates by twenty percent. Good drivers have lower premiums than bad drivers. Drivers who have serious citations like DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
  • Marriage brings a discount – Being married can actually save you money when buying car insurance. It usually means you are more mature than a single person and it’s proven that married couples file fewer claims.
  • Lower rates with optional equipment – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.
  • Better credit means lower rates – Credit score is a important factor in your rate calculation. If your credit rating is lower than you’d like, you could pay less to insure your 2014 Hyundai Elantra Coupe by improving your rating. Drivers who have high credit scores tend to be better drivers and file fewer claims than those with poor credit.
  • What are your deductibles? – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Hyundai. Examples of covered claims would be colliding with a building, damage from fire, and burglary. Your deductibles are how much you are willing to pay before your car insurance pays a claim. The higher the amount you’re willing to pay, the lower your rates will be for Elantra Coupe coverage.
  • Choose a safe vehicle and save – Cars with high safety ratings get lower rates. These vehicles protect occupants better and fewer injuries means less money paid by your insurance company and more competitive rates for policyholders. If your Hyundai Elantra Coupe is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • High numbers of claims are not good – Companies generally give lower rates to policyholders who do not file claims often. If you file claims often, you can look forward to either policy cancellation or increased premiums. Auto insurance is intended to be relied upon for larger claims.
  • How your age affects price – Teenage drivers are statistically proven to be less responsible in a vehicle so car insurance rates are higher. Mature drivers tend to be more responsible, file fewer claims and get fewer tickets.

Quick Insurance Coverage Quotes

There are a variety of methods you can shop for 2014 Hyundai Elantra Coupe insurance coverage but one way is less labor-intensive and much quicker. You could spend your day driving to local insurance agents in your area, or you could save time and use online quoting to achieve your goal.

The majority of car insurance companies are enrolled in a marketplace that enables customers to submit one quote, and each company then gives them pricing based on that data. This saves time by eliminating quote requests to each individual insurance coverage company.

To fill out one form to compare multiple rates now click here to open in new window.

The one downside to comparing rates this way is buyers cannot specifically choose which companies to get quotes from. So if you prefer to choose specific insurance companies to compare rates, we put together a list of insurance coverage companies in your area. Click here for list of insurance companies.

It’s up to you which method you use, but ensure you are comparing identical deductibles and coverage limits with each company. If you are comparing different limits and deductibles on each one it’s not possible to determine the best price for your Hyundai Elantra Coupe. Just a small difference in limits may cause a big price difference. Just remember that getting more free quotes will enable you to find the best rates.

Can you really save $416 a year?

Auto insurance companies such as State Farm, GEICO and Progressive continually stream ads on TV and radio. They all seem to make an identical promise that you’ll save big after switching your policy. How does each company make almost identical claims?

Different companies can use profiling for the type of customer that earns them a profit. For instance, a desirable insured might be a mature driver, owns a home, and has great credit. Any new insured that hits that “sweet spot” will get very good rates and is almost guaranteed to save a lot of money.

Consumers who do not match the requirements will be quoted higher prices which leads to business going elsewhere. The ad wording is “customers who switch” but not “drivers who get quotes” save that much. That is how companies can truthfully advertise the way they do. This emphasizes why you absolutely need to get a wide range of price quotes. You cannot predict which insurance companies will have the lowest Hyundai Elantra Coupe insurance rates.

Take advantage of discounts

Companies that sell car insurance do not advertise all available discounts in an easy-to-find place, so we break down both well-publicized as well as the least known ways to save on car insurance.

  • Fewer Miles Equal More Savings – Low mileage vehicles can earn a substantially lower rate.
  • Discount for Life Insurance – Some companies give a discount if you purchase life insurance.
  • Multiple Policy Discount – When you have multiple policies with the same company you could get a discount of at least 10% off all policies.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and earn discounts up to 10%.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt can save 10% or more off your medical payments premium.

Keep in mind that most credits do not apply to your bottom line cost. Some only reduce individual premiums such as comprehensive or collision. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky.

Companies that may have these benefits include:

Before buying, ask each company which discounts they offer. All car insurance discounts may not apply everywhere.

How to know if you need help

When it comes to choosing the best auto insurance coverage for your vehicles, there really is no best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions may help you determine if you would benefit from professional advice.

  • Do I need special endorsements for business use of my vehicle?
  • Does having multiple vehicles earn me a discount?
  • What companies insure drivers after a DUI or DWI?
  • Am I covered if I crash into my own garage door?
  • Does coverage extend to my business vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I have any recourse if my insurance company denies a claim?
  • Is a new car covered when I drive it off the dealer lot?
  • What is UM/UIM insurance?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Car insurance 101

Understanding the coverages of a car insurance policy helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on the average car insurance policy.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for bills like chiropractic care, X-ray expenses, dental work, prosthetic devices and EMT expenses. They are used in conjunction with a health insurance program or if you are not covered by health insurance. They cover all vehicle occupants in addition to 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

Coverage for collisions

This coverage will pay to fix damage to your Elantra Coupe resulting from colliding 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 protects against things such as driving through your garage door, colliding with a tree, sustaining damage from a pot hole, hitting a parking meter and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Liability insurance

Liability coverage protects you from damage that occurs to other’s property or people. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things like funeral expenses, bail bonds, loss of income, pain and suffering and attorney fees. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, fire damage and vandalism. The most your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

More quotes. Lower rates.

When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped liability coverage limits and found out when filing a claim that the savings was not a smart move. Your aim should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

In this article, we covered a lot of techniques to compare 2014 Hyundai Elantra Coupe insurance prices online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Consumers could even find that the biggest savings come from some of the lesser-known companies. They can often insure niche markets at a lower cost as compared to the big name companies such as State Farm or Progressive.

Much more information about car insurance can be read at these links: