2008 Hyundai Elantra Insurance Cost – 9 Ideas for Best Prices

Searching for better insurance rates for your Hyundai Elantra? Scraping up a payment for expensive Hyundai Elantra insurance can dry up your monthly budget and put the squeeze on your family’s finances. Comparison shopping can help to ensure you are getting the best deal.

Due to the fact that there are so many companies and agents to choose from, it’s nearly impossible to find the best company.

Compare car insurance quotes online

There are several ways you can shop for car insurance but there is one way that is less labor-intensive and much quicker. You could spend the better part of a day discussing policy coverages with local insurance agents in your area, or you could save time and use online quotes to get rate comparisons in just a few minutes.

Most car insurance companies are enrolled in a marketplace that enables customers to enter their policy data once, and every company then returns a price quote determined by their information. This system prevents you from having to do quote forms to every company.

To find out what other companies charge click here to open in new window.

The one downside to pricing coverage this way is you don’t know exactly the providers you want to price. If you prefer to choose from a list of companies to request quotes from, we have a listing of low cost car insurance companies in your area. Click to view list.

Whichever method you choose, be certain you are entering exactly the same quote data on every quote you get. If you enter mixed coverages then you won’t be able to make a fair comparison for your Hyundai Elantra.

Find hidden discounts to get affordable car insurance quotes

Companies don’t list all their discounts very well, so the next list breaks down a few of the more common as well as some of the hidden discounts you could be receiving when you buy auto insurance online.

• College Student – Youth drivers who are attending college and don’t have a car may be able to be covered for less.
• Theft Deterent Discount – Cars optioned with advanced anti-theft systems are stolen less frequently and that can save you a little bit as well.
• Multiple Cars – Buying coverage for multiple cars or trucks with the same car insurance company can get a discount on all vehicles.
• Online Discount – A handful of companies will discount your bill up to fifty bucks for signing up on the web.
• Good Student – Maintaining excellent grades could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
• Professional Memberships – Participating in a professional or civic organization could qualify you for a break on your policy.
• Seat Belt Usage – Drivers who require all vehicle occupants to buckle up before driving can save up to 15% off PIP or medical payments premium.
• Pay Now and Pay Less – If you pay your entire premium ahead of time as opposed to paying monthly you can avoid monthly service charges.
• New Vehicle Savings – Insuring a vehicle that is new can save you some money since new vehicles have better safety ratings.

Policy discounts save money, but most of the big mark downs will not be given to the overall cost of the policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. Even though the math looks like it’s possible to get free car insurance, it’s just not the way it works.

Some companies that may include these benefits include:

• State Farm
• Geico
• Allstate
• SAFECO
• Farm Bureau
• Progressive
• AAA

Before you buy a policy, ask all companies you are considering which discounts you may be entitled to. Depending on the company, some discounts might not be offered in your area. To find providers with discount car insurance rates, click here to view.

Tailor your insurance coverage coverage to you

When choosing proper insurance coverage, there really is not a one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions may help highlight if your situation may require specific advice.

• Does my insurance cover my expensive audio equipment?
• What is UM/UIM insurance?
• Who is covered by my policy?
• How much liability do I need to cover my assets?
• Should I bundle my homeowners policy with my auto?
• Are all vehicle passengers covered by medical payments coverage?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Coverages available on your policy

Knowing the specifics of a auto insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are the normal coverages found on the average auto insurance policy.

Auto liability insurance

This protects you from injuries or damage you cause to people or other property by causing an accident. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims like pain and suffering, medical expenses, court costs and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your Hyundai Elantra.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits do not exceed the liability coverage limits.

Collision insurance

Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a ditch, hitting a parking meter and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive protection

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like theft, falling objects and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like EMT expenses, prosthetic devices and surgery. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay