2015 Hyundai Genesis Coupe Insurance Quotes – 10 Tricks for Cheapest Rates

Want lower auto insurance rates for your Hyundai Genesis Coupe? Wish you could get out of high-priced auto insurance? It’s a common feeling and you’re not the only one.

Online insurance companies like Geico, Progressive and Allstate increase brand awareness with fancy advertisements and it can be hard to separate fact from fiction and do the work needed to find the best deal.

You need to check auto insurance prices as often as possible because insurance prices change frequently. Even if you think you had the best price for Genesis Coupe coverage two years ago you can probably find a better rate now. Forget anything you know (or think you know) about auto insurance because I’m going to teach you the proper way to remove unneeded coverages and save money.

If you are paying for car insurance now, you will most likely be able to cut costs considerably using these techniques. Finding affordable coverage is not that difficult. But vehicle owners must comprehend how companies sell insurance online and take advantage of how the system works.

Insurance coverage companies offer money-saving discounts

Insurance coverage is easily one of your largest bills, but there may be some discounts that you may not even know about. Most are applied when you purchase, but some discounts are required to be asked for prior to getting the savings.

• Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you better rates if you take out life insurance from them.
• Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. You can use this discount normally well after school through age 25.
• Accident Free – Good drivers with no accidents have much lower rates when compared to drivers who are more careless.
• Passive Restraints and Air Bags – Factory options such as air bags and/or automatic seat belt systems may qualify for discounts of 20% or more.
• Low Mileage Discounts – Low annual miles could earn cheaper premium rates.
• Accident Forgiveness Coverage – Not a discount per se, but some companies like Geico, State Farm, and Progressive allow you one accident without the usual rate increase so long as you haven’t had any claims for a certain period of time.
• Online Discount – A few larger online companies give back up to $50 for completing your application online.
• Theft Prevention System – Anti-theft and alarm system equipped vehicles are stolen less frequently and can earn a small discount on your policy.
• Save over 55 – If you’re over the age of 55, you may be able to get a slight reduction on a car insurance quote for Genesis Coupe coverage.
• Drivers Education – Teen drivers should complete a driver education course in school.

Just know that most credits do not apply to the entire cost. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates adding up those discounts means a free policy, it just doesn’t work that way. But any discount will positively reduce the cost of your policy.

Popular insurance coverage companies and some of their more popular discounts are shown below.

• State Farm may offer discounts for multiple autos, accident-free, safe vehicle, good driver, Drive Safe & Save, and driver’s education.
• American Family discounts include Steer into Savings, multi-vehicle, good driver, defensive driver, and bundled insurance.
• AAA has discounts for good driver, education and occupation, pay-in-full, multi-policy, and AAA membership discount.
• Geico offers premium reductions for military active duty, daytime running lights, air bags, emergency military deployment, and multi-policy.
• Mercury Insurance offers discounts for accident-free, ease of repair, anti-theft, multi-policy, and professional/association.
• Farmers Insurance may have discounts that include pay in full, business and professional, switch companies, good student, teen driver, youthful driver, and homeowner.
• Progressive policyholders can earn discounts including good student, multi-policy, online quote discount, multi-vehicle, continuous coverage, online signing, and homeowner.

When getting free car insurance quotes, it’s a good idea to each insurance company to give you their best rates. Some discounts may not be available in every state. For a list of insurance companies with the best insurance coverage discounts, click here to view.

Do I just need basic coverages?

When it comes to choosing proper insurance coverage, there isn’t really a one size fits all plan. Every situation is different so this has to be addressed. Here are some questions about coverages that might point out if you might need professional guidance.

• Does my policy pay for OEM or aftermarket parts?
• Is business equipment covered while in my vehicle?
• Does coverage extend to a rental car in a foreign country?
• How high should deductibles be on a 2015 Hyundai Genesis Coupe?
• Will my rates increase for filing one claim?
• Do I need PIP (personal injury protection) coverage in my state?
• Does coverage extend to Mexico or Canada?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Car insurance coverages for a 2015 Hyundai Genesis Coupe

Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on most insurance policies.

Comprehensive insurance

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as theft, hail damage and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for expenses for things like chiropractic care, prosthetic devices, pain medications, EMT expenses and funeral costs. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Auto collision coverage

This will pay to fix damage to your Genesis Coupe resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as crashing into a building, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability car insurance

Liability coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of 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 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as funeral expenses, repair bills for other people’s vehicles and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since 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 very important. Frequently these coverages do not exceed the liability coverage limits.

Have money to burn

Cheaper insurance can be sourced both online in addition to local insurance agencies, so you need to shop car insurance with both in order to have the best chance of saving money. A few companies do not provide rate quotes online and many times these small, regional companies sell through independent agents.

We covered quite a bit of information on how to reduce 2015 Hyundai Genesis Coupe insurance rates online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding the cheapest car insurance. You may even find the biggest savings come from some of the lesser-known companies. Smaller companies can often provide lower car insurance rates in certain areas than their larger competitors like State Farm, Geico and Nationwide.

More information is located below:

• Safe Vehicles for Teens (iihs.org)
• Drunk Driving Statistics (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)
• Insurance Losses by Make and Model (iihs.org)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)