2006 Hyundai Elantra Insurance Cost – 7 Savings Tips

Want cheaper insurance rates for your Hyundai Elantra? No one gets a kick out of paying for insurance, especially when they know they are paying too much.

Consumers have so many insurance companies to choose from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to find the best rates for your vehicles.

It’s important to check insurance prices quite often since insurance rates tend to go up over time. Even if you got the lowest premium rates on Elantra coverage on your last policy you may be paying too much now. There are lots of tips to save on insurance on the web, but I’m going to show you some tested techniques to lower your insurance bill.

The quickest method we recommend to compare rates is to take advantage of the fact auto insurance companies provide online access to quote your coverage. To get started, all you need to do is give the companies some data like if it has an anti-theft system, if you are currently licensed, whether you are single or married, and how old drivers are. That information is instantly submitted to many highly-rated insurers and they return rate quotes within a short period of time.

To get price quotes for your Hyundai Elantra now, click here and enter the information requested.

Auto insurance discounts are available to slash your rates

Car insurance can cost a lot, but there may be some discounts that can dramatically reduce your bill. Some of these disounts will be visible at the time you complete a quote, but once in a while a discount must be requested specifically before being credited.

• Pay Upfront and Save – If you can afford to pay the entire bill instead of paying each month you may have a lower total premium amount.
• Government Employee Discount – Federal government employees could provide a small rate reduction on Elantra coverage with select insurance companies.
• Active Military Service – Having an actively deployed family member can result in better prices.
• Seat Belt Usage – Drivers who require all vehicle occupants to use a seat belt may be able to save a few bucks on the premium charged for medical payments and/or PIP.
• No Claims – Drivers who don’t have accidents pay much less when compared to drivers with a long claim history.
• Waiver for an Accident – Not really a discount, but a handful of insurance companies allow you one accident before raising your premiums with the catch being you have to be claim-free before the accident.
• Good Driver Discount – Accident-free drivers could pay up to 40% less on Elantra coverage than less cautious drivers.

As is typical with insurance, some credits don’t apply to the entire cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though the math looks like it’s possible to get free car insurance, it doesn’t quite work that way.

Some of the insurance companies that may include most of the discounts above possibly include:

• The Hartford
• American Family
• Progressive
• Travelers
• Farmers Insurance
• USAA
• Liberty Mutual

If you need lower rates, check with each company to apply every possible discount. Some discounts may not be offered everywhere. If you would like to view auto insurance companies that offer many of these discounts, click here.

Everyone needs different insurance coverages

When it comes to buying proper insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions might help in determining whether your personal situation could use an agent’s help.

• Why am I required to buy liability insurance?
• What are the financial responsibility laws in my state?
• What is the minimum liability in my state?
• Do I pay less if my vehicle is kept in my garage?
• Are my friends covered when driving my car?
• Where can I find DUI or SR-22 insurance?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Coverages available on your policy

Understanding the coverages of your auto insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages found on the average auto insurance policy.

Comprehensive insurance

This covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like vandalism, damage from getting keyed and rock chips in glass. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision protection

Collision coverage pays for damage to your Elantra caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like colliding with a tree, damaging your car on a curb, rolling your car, scraping a guard rail and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Hyundai Elantra.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Liability auto insurance

Liability coverage will cover injuries or damage you cause to people or other property that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers things such as bail bonds, court costs and medical expenses. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses for rehabilitation expenses, EMT expenses, nursing services, hospital visits and ambulance fees. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible