Hyundai Accent Insurance Quotes in Mesa

Would you like to save money by finding the cheapest Hyundai Accent insurance in Mesa? Are you drained from not being able to afford to buy car insurance? You’re in the same situation as millions of other people.

It’s easy to assume that insurance companies want to keep your business as long as possible. People who shop around at least once a year are likely to switch to a new company because they have a good chance of getting low-cost coverage. A recent survey discovered that consumers who compared prices once a year saved as much as $865 a year as compared to drivers who never shopped for cheaper rates.

If saving the most money on Hyundai Accent insurance in Mesa is your ultimate target, then having some insight into how to shop for coverages can help you be more efficient.

Having so many online and local companies to choose from, it can be hard to find the lowest price car insurance provider.

Detailed insurance information

The rate table displayed next covers different insurance policy prices for Hyundai Accent models. Understanding how auto insurance policy rates are calculated can help drivers make decisions when shopping your coverage around.

Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium costs do not factor in vehicle location which can impact coverage rates considerably.

Where to set your deductibles

When comparing car insurance rates, the most common question is where should you set your physical damage deductibles. The rates shown below can help illustrate the rate difference between high and low coverage deductibles. The first data set uses a $250 physical damage deductible and the second price grid uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Prices do not factor in the specific area where the vehicle is garaged which can change rates noticeably.

Based on the data above, we can derive that using a $250 deductible will cost you roughly $12 more each month or $144 every year across all Hyundai Accent models than buying the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to average at least 21 months between claim filings, you would probably be better off if you decide on a higher deductible. The table below shows how you can perform this determination yourself.

An important thing to remember is that increasing deductibles to lower your rates means you will have to cover more of the damage yourself when you do file a claim. That will force you to have access to more funds in the event you have to pay the deductible to have repairs made.

The illustration below demonstrates how deductibles and can raise or lower Hyundai Accent yearly insurance costs for different insured age categories. The rates are based on a single female driver, full coverage, and no discounts are applied to the premium.

Cost difference between full coverage and liability

The information below compares Hyundai Accent premium costs with full physical damage coverage compared to only buying liability only. The data is based on no driving violations, no at-fault accidents, $250 deductibles, single marital status, and no discounts are applied to the premium.

Guidelines for dropping full coverage

There is no exact rule for eliminating physical damage coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of replacement cost minus your deductible, then it might be time to buy liability only.

For example, let’s say your Hyundai Accent settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $4,000 after paying the physical damage deductible. If you are paying in excess of $400 a year for full coverage, then you might consider buying liability only.

There are some circumstances where only buying liability is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.

How do Insurance Providers Determine Hyundai Accent Insurance Premiums?

Lots of factors are taken into consideration when premium rates are determined. Some of the criteria are obvious such as your driving history, but some are not quite as obvious like where you live or your financial responsibility. It’s important that you understand some of the things that come into play when calculating your policy premiums. If you know what determines base rates, this enables informed choices that may reward you with lower rates.

• Getting married reduces risk – Getting married may save some money when shopping for insurance. It means you’re less irresponsible and it’s statistically proven that drivers who are married file infrequent claims.
• Use one insurance company and save – Some insurance companies allow lower prices to people who carry more than one policy such as combining an auto and homeowners policy. The discount can be five, ten or even twenty percent. Even with this discount applied, you still need to compare other company rates to make sure you are getting the best deal. Drivers may still find lower rates even if you insure with multiple companies
• More stress means more cost – Careers like military generals, airline pilots, and stock brokers usually pay higher premiums than the average policyholder attributed to stressful work requirements and lengthy work days. Other careers such as professors, engineers and homemakers receive lower rates.
• Fewer miles means better prices – Driving more miles every year the higher the price you pay to insure it. A lot of insurance companies rate vehicles based on how the vehicle is used. Cars used primarily for pleasure use can be on a lower rate level than vehicles that have high annual mileage. Double check that your insurance coverage is rated on the correct usage for each vehicle. Improper usage on your Accent is throwing money out the window.

• Tickets and citations cost more than a fine – Drivers who don’t get tickets get better prices compared to drivers with tickets. Just one ticket can increase rates by twenty percent. Drivers with license-revoking citations like DUI or reckless driving may find that they have to to maintain a SR-22 with their state’s department of motor vehicles in order to prevent their license from being revoked.

  The chart below demonstrates how traffic citations and at-fault accidents can raise Hyundai Accent annual premium costs for each different age group. The prices are based on a married female driver, full coverage, $100 deductibles, and no policy discounts are applied.

• Hyundai Accent insurance loss statistics – Insurance companies analyze the history of losses in order to profitably underwrite each model. Vehicles that statistically have increased losses will have higher rates for specific coverages.

  The data below shows the collected loss data for Hyundai Accent vehicles. For each insurance policy coverage type, the statistical loss for all vehicles averaged together is represented as 100. Numbers under 100 represent a good loss history, while values over 100 indicate more frequent losses or tendency to have larger claims.

  
  

  Insurance Loss Ratings for Hyundai Accent Vehicles

  Specific Hyundai Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Hyundai Accent	98	109	89	129	129	133

  BETTER

  AVERAGE

  WORSE

  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

One last thing about your coverage

We just showed you a lot of tips how to shop for Hyundai Accent insurance online. The key thing to remember is the more price quotes you have, the higher your chance of finding inexpensive Mesa car insurance quotes. Consumers could even find that the best price on auto insurance is with a company that doesn’t do a lot of advertising. Regional companies can often insure niche markets at a lower cost compared to the large companies like Progressive or GEICO.

When searching for the cheapest Hyundai Accent rate quotes, you should never skimp on coverage in order to save money. In many instances, an insured dropped comprehensive coverage or liability limits and discovered at claim time they didn’t have enough coverage. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.

Affordable Hyundai Accent insurance in Mesa can be sourced online in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not provide online price quotes and most of the time these smaller companies only sell coverage through independent agents.

How to find the cheapest rates for Hyundai Accent insurance in Mesa

If saving money is your primary concern, then the best way to save on car insurance rates is to start comparing prices yearly from insurance carriers that sell auto insurance in Mesa. Rates can be compared by following these guidelines.

Step 1: Spend some time learning about auto insurance and the measures you can control to keep rates low. Many risk factors that cause rate increases like traffic tickets, fender benders, and a less-than-favorable credit history can be remedied by improving your driving habits or financial responsibility.

Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give prices from one company like Progressive or Allstate, while independent agents can provide prices for a wide range of companies.

Step 3: Compare the new rate quotes to your current policy to determine if you can save on Accent insurance. If you can save some money and change companies, ensure coverage does not lapse between policies.

Step 4: Give notification to your agent or company of your intent to cancel your current car insurance policy. Submit payment and a signed application to your new insurance company. Make sure you put the certificate of insurance somewhere easily accessible.

An important bit of advice to remember is to try to compare the same liability limits and deductibles on each quote and and to get price quotes from as many companies as possible. This provides a fair price comparison and a complete price analysis.

To learn more, take a look at these articles:

• New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
• Who Has Affordable Mesa Car Insurance for a Ford Escape? (FAQ)
• Who Has Affordable Mesa Auto Insurance with Multiple Speeding Tickets? (FAQ)
• How Much are Mesa Car Insurance Rates for College Students? (FAQ)
• Side Impact Crash Tests (iihs.org)
• Can I Drive Legally without Insurance? (Insurance Information Institute)