How Much Does 2008 Hyundai Accent Car Insurance Cost?

Trying to find the cheapest insurance rates for your Hyundai Accent? Are you tired of being strong-armed to insure your Hyundai every month? You’re in the same situation as many other consumers.

Big-name insurance companies like State Farm, Geico and Farmers Insurance constantly bombard you with TV and radio ads and it can be hard to avoid their marketing magic and take the time to shop coverage around.

If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these techniques. Choosing the best insurance company for you is not rocket science. Although car owners do need to know the way companies determine prices because it can help you find the best coverage.

How to compare auto insurance price quotes

When looking for the cheapest car insurance quotes, there are a couple ways of comparing rates from lots of auto insurance companies. The recommended way to find affordable 2008 Hyundai Accent insurance rates consists of obtaining rate quotes online. It’s really quite simple and can be done in a couple minutes as outlined below.

1. The fastest way consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This form eliminates the need for separate quotes for each company you want a rate for. One form gets coverage cost estimates from multiple low-cost companies.
2. A slightly less efficient method to get quotes online is to take the time to go to each company website and complete a new quote form. For examples sake, we’ll assume you want comparison quotes from Auto-Owners, State Farm and Geico. To do that, you would have to go to each individual site and enter your policy data, which can get old fast. To view a list of companies in your area, click here.
3. The least recommended way to compare price quotes is to waste gas driving to all the different insurance agencies. Shopping for auto insurance online makes this unnecessary unless you have a complicated situation and need the professional guidance of an agent trained in personal lines coverage. You can, however, obtain prices from the web and get advice from an agent in your area.

You can use whichever method you prefer to find lower rates, just make sure you use the same coverage limits for every quote you compare. If each company quotes unequal deductibles or liability limits it will be very difficult to determine which rate is truly the best. Slightly different limits can result in a big premium difference. And when comparison shopping, quoting more helps increase your odds of locating the best price.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Affordable insurance coverage rates with discounts

Insurance coverage is neither fun to buy or cheap, but you might already qualify for some discounts to reduce the price significantly. Certain discounts will be applied when you get a quote, but a few need to be specially asked for before you get the savings.

• 55 and Retired – Drivers that qualify as senior citizens may be able to get lower premium rates on Accent coverage.
• Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
• Safety Course Discount – Passing a class that teaches safe driver techniques could earn you a small percentage discount depending on where you live.
• Save with a New Car – Insuring a vehicle that is new can save up to 30% compared to insuring an older model.
• One Accident Forgiven – This one is not really a discount per se, but companies like State Farm, Progressive and Geico permit an accident without the usual rate increase so long as you haven’t had any claims for a certain period of time.
• Theft Deterent – Anti-theft and alarm system equipped vehicles are stolen with less frequency and therefore earn up to a 10% discount.
• Discount for Swiching Early – Some companies reward drivers for renewing your policy prior to your current policy expiration. It can save you around 10%.

It’s important to understand that many deductions do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears all the discounts add up to a free policy, you won’t be that lucky.

Popular insurance coverage companies and a summarized list of policyholder discounts include:

• Geico has discounts for good student, membership and employees, defensive driver, anti-lock brakes, and driver training.
• MetLife includes discounts for multi-policy, good student, defensive driver, accident-free, good driver, claim-free
• Progressive may offer discounts for multi-vehicle, multi-policy, online quote discount, online signing, continuous coverage, and homeowner.
• Travelers policyholders can earn discounts including continuous insurance, hybrid/electric vehicle, IntelliDrive, payment discounts, and student away at school.
• SAFECO has savings for multi-car, safe driver, homeowner, teen safe driver, accident prevention training, teen safety rewards, and anti-theft.
• AAA offers premium reductions for good student, education and occupation, AAA membership discount, pay-in-full, good driver, multi-policy, and multi-car.

When comparing rates, check with each company which discounts they offer. Depending on the company, some discounts might not be available to policyholders in your area. For a list of insurance coverage companies that have a full spectrum of discounts, click this link.

Tailor your insurance coverage coverage to you

When buying adequate coverage, there really is no perfect coverage plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions can aid in determining if your situation would benefit from an agent’s advice.

• How do I file an SR-22 for a DUI in my state?
• What are the financial responsibility laws in my state?
• What is high-risk coverage and where do I buy it?
• Should I get collision insurance on every vehicle?
• Is a blown tire covered by insurance?
• Is my custom paint covered by insurance?
• Who is covered by my policy?
• How many claims can I have before being cancelled?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Four things that impact your insurance prices

One of the most helpful ways to save on insurance coverage is to to have a grasp of some of the elements that help determine the price you pay for insurance coverage. When you know what positively or negatively determines premiums, this enables you to make decisions that can help you get lower insurance coverage prices.

The items below are some of the items that factor into your rates.

• Don’t skimp on liability protection – The liability section of your policy will provide protection when a court rules you are at fault for an accident. Liability provides you with a defense in court which can be incredibly expensive. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.
• Never let your policy expire – Driving your car without having proper coverage can get your license suspended and insurance coverage companies will penalize you for letting your coverage lapse. In addition to paying higher rates, failure to provide proof of insurance may earn you a license revocation or jail time.
• Stay claim-free and lower premiums – If you are a frequent claim filer, you can look forward to increased rates or even have your policy non-renewed. Car insurance companies award most affordable rates to drivers who are not frequent claim filers. Insurance coverage is intended for claims that pose a financial burden.
• Save money with higher deductibles – Deductibles for physical damage define how much you are required to spend out-of-pocket in the event of a claim. Insurance for physical damage, aka comp and collision, insures against damage to your car. Some examples of claims that would be covered are colliding with a stationary object, fire damage, and having a roll-over accident. The more damage repair cost you are required to pay out-of-pocket, the less money you will pay for insurance coverage on Accent coverage.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Tricks in insurance advertising

Big name companies like Progressive, Allstate and Geico constantly bombard you with ads in print and on television. All the ads advertise claims that drivers can save some big amount after switching your coverage to them. How does every insurance company charge lower premium rates? You have to listen carefully.

Most companies can use profiling for a prospective insured that earns them a profit. For instance, a profitable insured may need to be between 25 and 40, has no prior claims, and drives less than 10,000 miles a year. A driver that fits those parameters is entitled to the best price as well as pay quite a bit less when switching companies.

Potential insureds who do not fit these criteria will probably be forced to pay a higher rate and ends up with business not being written. If you listen closely, the ads state “drivers who switch” not “everyone who quotes” save that much money. That’s why insurance companies can confidently advertise the way they do.

This illustrates why you need to do a rate comparison at every renewal. It’s impossible to know which insurance company will have better rates than you’re paying now.

Specifics of your car insurance policy

Knowing the specifics of your policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.

Comprehensive (Other than Collision) – Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like fire damage, a tree branch falling on your vehicle, damage from flooding, hitting a bird and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for expenses such as chiropractic care, nursing services, dental work, pain medications and funeral costs. The coverages 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 as well as if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these limits are set the same as your liablity limits.

Liability coverages – This can cover damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as attorney fees, pain and suffering, medical services and court costs. How much liability coverage do you need? That is up to you, but you should buy as large an amount as possible.

Collision coverage – This coverage will pay to fix damage to your Accent resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like damaging your car on a curb, sustaining damage from a pot hole, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

Take this to the bank

As you restructure your insurance plan, you should never skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced comprehensive coverage or liability limits only to find out that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase plenty of coverage at an affordable rate and still be able to protect your assets.

Cheap 2008 Hyundai Accent insurance is attainable online in addition to local insurance agencies, so you should compare both to have the best chance of lowering rates. Some companies do not offer price quotes online and these regional insurance providers work with local independent agents.

Even more information is available in the articles below:

• Auto Theft Statistics (Insurance Information Insitute)
• Child Safety Seats (Insurance Information Insitute)
• Distracted Driving (Insurance Information Insitute)
• How do I File a Claim? (Insurance Information Insitute)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption