It’s a known fact that insurance companies want to keep your business as long as possible. Drivers who get comparison quotes at least once a year will presumably move their business because there is a high probability of finding a more affordable policy premium. A recent auto insurance study revealed that drivers who did price comparisons regularly saved about $850 each year as compared to drivers who didn’t regularly shop around.
If finding the best price on Hyundai Elantra insurance is your objective, knowing the best way to quote and compare auto insurance can help make the process easier.
It takes a few minutes, but the best way to get affordable auto insurance rates is to start doing an annual price comparison from companies who sell insurance in Chandler. Prices can be compared by following these guidelines.
- Learn about how auto insurance works and the measures you can control to prevent high rates. Many risk factors that cause rate increases such as careless driving and bad credit can be remedied by making minor changes to your lifestyle. Keep reading for additional tips to prevent high rates and find discounts that you may qualify for.
- Compare prices from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from multiple companies. Click to view companies
- Compare the price quotes to your current policy to see if you can save by switching companies. If you find a lower rate and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
A good tip to remember is that you’ll want to make sure you compare similar limits and deductibles on each quote and and to get rate quotes from all possible companies. This helps ensure an accurate price comparison and plenty of rates choose from.
If you have a current auto insurance policy or just want to reduce your rates, you can use these techniques to save money while maintaining coverages. Quoting and buying affordable auto insurance in Chandler is easy to do. Smart buyers only need to know the most efficient way to compare different rates online.
You Can Change Your Insurance Prices
Many different elements are part of the calculation when you get a price on insurance. Some of the criteria are obvious such as traffic violations, but some are not as apparent such as your credit history or your commute time.
Don’t cut corners with liability insurance – Liability coverage provides coverage if ever you are found to be at fault for damages caused by your negligence. It will provide legal defense to attempt to prove you were not liable. This coverage is very inexpensive compared to comp and collision, so insureds should have plenty of protection for their assets.
Small claims can cost you – Auto insurance companies in Arizona award the best rates to policyholders that do not abuse their auto insurance. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Insurance coverage is intended to be relied upon for claims that pose a financial burden.
Know your vehicle’s IIHS safety rating – Cars with five star safety ratings cost less to insure. These vehicles reduce injuries and lower injury rates means less claims paid and cheaper rates on your policy.
How many coverages with the same company – Some companies will award lower prices to clients that have more than one policy. It’s known as a multi-policy discount. The discount can be ten or even fifteen percent. Even though this discount sounds good, consumers should still compare other company rates to make sure you are getting the best deal.
Lower prices with continuous coverage – Driving with no insurance can get your license suspended and your next policy will cost more because you let your insurance lapse for non-payment. And not only will insurance be more expensive, the inability to provide proof of insurance may result in a steep fine or even jail time.
Hyundai Elantra insurance loss probability – Auto insurance companies analyze the history of losses to calculate a rate that will offset losses. Vehicles that the statistics show to have higher losses will have higher rates for specific coverages. The next table shows the compiled insurance loss statistics for Hyundai Elantra vehicles.
For each policy coverage, the claim amount for all vehicles, as an average, is considered to be 100. Values that are below 100 suggest losses that are better than average, while percentage numbers above 100 indicate a higher chance of having a claim or tendency to have larger claims.
| Specific Hyundai Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Hyundai Elantra | 102 | 102 | 90 | 133 | 137 | 117 |
| Hyundai Elantra GT | 95 | 91 | 95 | 112 | 114 | 107 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The fastest way that we advise to compare insurance rates in your area is to understand most larger insurance companies provide online access to provide you with a free rate quote. All you need to do is provide details including the type of vehicles you drive, your occupation, whether you are married, and your education level. The data is submitted instantly to multiple car insurance providers and they respond with quotes very quickly.
To get price quotes for your Hyundai Elantra now, click here and find out if you can get cheaper insurance in Chandler.
The companies shown below have been selected to offer free rate quotes in Chandler, AZ. If you wish to find cheap auto insurance in Arizona, it’s highly recommended you compare several of them in order to find the most competitive rates.
Data for Hyundai Elantra insurance
The rate information displayed below outlines different rate quotes for Hyundai Elantra models. Being more informed about how car insurance premiums are figured can help drivers make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Elantra GLS Touring Station Wagon | $256 | $382 | $334 | $20 | $100 | $1,092 | $91 |
| Elantra Blue 4-Dr Sedan | $256 | $548 | $392 | $24 | $118 | $1,338 | $112 |
| Elantra GLS 4-Dr Sedan | $294 | $548 | $392 | $24 | $118 | $1,376 | $115 |
| Elantra SE 4-Dr Sedan | $294 | $548 | $392 | $24 | $118 | $1,376 | $115 |
| Elantra SE Touring Station Wagon | $294 | $466 | $334 | $20 | $100 | $1,214 | $101 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Rate quotes do not factor in garaging location in Chandler which can influence insurance rates noticeably.
Analysis of deductible levels
When comparing auto insurance rates, the most common question is how high should your deductibles be. The comparison tables below help summarize the differences in premium rates between low and high comp and collision deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Elantra GLS Touring Station Wagon | $224 | $382 | $254 | $16 | $76 | $977 | $81 |
| Elantra Blue 4-Dr Sedan | $224 | $548 | $300 | $18 | $90 | $1,205 | $100 |
| Elantra GLS 4-Dr Sedan | $258 | $548 | $300 | $18 | $90 | $1,239 | $103 |
| Elantra SE 4-Dr Sedan | $258 | $548 | $300 | $18 | $90 | $1,239 | $103 |
| Elantra SE Touring Station Wagon | $258 | $466 | $254 | $16 | $76 | $1,095 | $91 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Elantra GLS Touring Station Wagon | $164 | $258 | $254 | $16 | $76 | $768 | $64 |
| Elantra Blue 4-Dr Sedan | $164 | $370 | $300 | $18 | $90 | $942 | $79 |
| Elantra GLS 4-Dr Sedan | $188 | $370 | $300 | $18 | $90 | $966 | $81 |
| Elantra SE 4-Dr Sedan | $188 | $370 | $300 | $18 | $90 | $966 | $81 |
| Elantra SE Touring Station Wagon | $188 | $314 | $254 | $16 | $76 | $848 | $71 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Rates do not factor in specific Chandler garaging location which can influence prices considerably.
Based on the figures above, using a $100 deductible will cost you approximately $21 more each month or $252 for a full year across all Hyundai Elantra models than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 19 months between claims, you would save money if you decide on a higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $100 deductibles: | $96 |
| Average monthly premium for $500 deductibles (subtract): | – $75 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
One important caveat is that increasing deductibles to save money results in a higher out-of-pocket expense at claim time. That will force you to have some money saved in the event you have to pay the deductible to have repairs made.
The information below shows how choosing a deductible and can impact Hyundai Elantra premium costs for each different age group. Data assumes a married male driver, comprehensive and collision coverage, and no other discounts are factored in.
Violations and accidents raise rates
The illustration below demonstrates how speeding tickets and at-fault collisions can raise Hyundai Elantra auto insurance costs for each age group. The rate quotes are based on a single female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
Gender-based auto insurance rates by age in Chandler
The illustration below illustrates the comparison of Hyundai Elantra car insurance rates for male and female drivers. The data assumes no violations or accidents, full coverage, $500 deductibles, drivers are single, and no policy discounts are applied.
Choosing Hyundai Elantra insurance is an important decision
Despite the high insurance cost for a Hyundai Elantra in Chandler, maintaining insurance may be required and benefits you in several ways.
- Almost all states have mandatory insurance requirements which means state laws require a specific level of liability coverage in order to drive the car. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Hyundai Elantra with a loan, almost all lenders will require that you have physical damage coverage to guarantee loan repayment. If you default on your policy, the bank may insure your Hyundai at an extremely high rate and force you to pay much more than you were paying before.
- Insurance protects your vehicle and your assets. It will also cover most medical and hospital costs for you, any passengers, and anyone injured in an accident. Liability coverage will also pay to defend you if anyone sues you for causing an accident. If you have damage to your Hyundai as the result of the weather or an accident, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of insuring your car definitely exceed the cost, particularly for liability claims. But the average driver in Arizona is overpaying over $869 every year so we recommend shopping around every year to ensure rates are competitive.
Determine discounts on Chandler car insurance
Auto insurance companies don’t always publicize every policy discount very clearly, so the next list breaks down both the well known as well as some of the hidden savings tricks you should be using when you buy Chandler car insurance online.
- Defensive Driver Discounts – Successfully completing a course that instructs on driving safety could earn you a small percentage discount depending on where you live.
- 55 and Retired – Seniors can get reduced rates.
- Good Drivers – Safe drivers may save up to 50% more than drivers with accidents.
- Good Student – Getting good grades may save as much as 25% on a Chandler car insurance quote. You can use this discount normally up until you turn 25.
- Drivers Ed for Students – It’s a good idea to have your young drivers enroll and complete driver’s education if it’s offered in school.
- Theft Prevention System – Cars, trucks, and SUVs with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
- Save with More Vehicles Insured – Buying coverage for several vehicles with one company may reduce the rate for each vehicle.
- Safety Restraint Discount – Buckling up and requiring all passengers to buckle up before driving can save a little off the PIP or medical payment premium.
- Passenger Safety Discount – Factory options such as air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
- No Claim Discounts – Insureds who avoid accidents and claims are rewarded with significantly better rates on Chandler car insurance quote when compared to policyholders that have many claims.
Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that you could get a free car insurance policy, insurance companies wouldn’t stay in business.
The diagram below visualizes the comparison of Hyundai Elantra insurance costs with and without discounts. The information is based on a male driver, no tickets, no at-fault accidents, Arizona state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, safe-driver, claim-free, marriage, and multi-policy discounts applied.
A list of companies and the discounts they provide can be found below.
- GEICO may offer discounts for air bags, anti-lock brakes, federal employee, seat belt use, and driver training.
- Mercury Insurance offers premium reductions for good driver, good student, type of vehicle, annual mileage, accident-free, and ease of repair.
- Farmers Insurance discounts include mature driver, pay in full, distant student, electronic funds transfer, business and professional, alternative fuel, and multi-car.
- Auto-Owners Insurance includes discounts for student away at school, anti-theft, paid in full, paperless, air bags, and safe driver.
- Liberty Mutual may include discounts for new vehicle discount, preferred payment discount, safety features, good student, hybrid vehicle, exclusive group savings, and multi-policy.
- SAFECO has discounts for anti-theft, safe driver, anti-lock brakes, multi-car, and teen safety rewards.
- Progressive may have discounts that include online quote discount, good student, online signing, multi-policy, and continuous coverage.
- USAA offers discounts for new vehicle, vehicle storage, safe driver, defensive driver, and good student.
When getting free Chandler car insurance quotes, it’s a good idea to every insurance company how you can save money. Savings might not apply in Chandler.
Local Chandler insurance agencies
Certain consumers prefer to sit down with an agent and often times that is recommended Professional agents can answer important questions and help in the event of a claim. An additional benefit of comparing car insurance online is the fact that you can find lower prices and still buy from a local agent. Supporting local insurance agents is important particularly in Chandler.
Upon completion of this short form, the coverage information is emailed to agents in your area who will give you bids for your coverage. There is no need to leave your computer because quoted prices will be sent directly to your email. If you have a need to get a price quote from a particular provider, feel free to go to their quote page and give them your coverage information.
If you’re trying to find a local Chandler insurance agent, there are a couple of different agency structures and how they differ in how they quote coverages. Car insurance policy providers are considered either exclusive agents or independent agents. Both types can properly insure your vehicles, but we need to point out the difference in how they write coverage because it can factor into the selection process.
Independent Car Insurance Agencies
Independent insurance agents are not required to write business for one company so as a result can place your coverage with an assortment of companies and get you the best rates possible. If you are not satisfied with one company, your agent can switch companies without you having to go to a different agency. If you are trying to find cheaper rates, you should always include several independent insurance agents to get the most accurate price comparison. Many write coverage with smaller regional carriers which can be an advantage.
Featured below are independent insurance agents in Chandler that can possibly get you cheap rate quotes.
- San Marcos Insurance Group
584 W Chandler Blvd – Chandler, AZ 85225 – (480) 899-6633 – View Map - Legacy Insurance and Investment Group LLC
633 E Ray Rd #106 – Chandler, AZ 85225 – (480) 968-3655 – View Map - Southwind Ins Agency, Inc.
2169 E Warner Rd Suite 103 – Tempe, AZ 85284 – (480) 543-1797 – View Map
Exclusive Agencies
Agents that elect to be exclusive work for only one company and some examples include Allstate, State Farm and Farmers Insurance. They usually cannot place coverage with different providers so it’s a take it or leave it situation. Exclusive agents receive extensive training on their company’s products which aids in selling service over price. Consumers often purchase coverage from exclusives mainly due to the brand legacy rather than low rates.
The following are exclusive agencies in Chandler that are able to give comparison quotes.
- Farmers Insurance – Larry Little
2420 W Ray Rd #2 – Chandler, AZ 85224 – (480) 966-9449 – View Map - Farmers Insurance – Joe Baselice
5355 W Chandler Blvd #8 – Chandler, AZ 85226 – (480) 940-0909 – View Map - Allstate Insurance: Jason Thorpe
3107 S Gilbert Rd #109 – Gilbert, AZ 85295 – (480) 732-9696 – View Map
Choosing an insurance agency should depend on more than just a cheap quote. These are some questions you should get answers to.
- Do they specialize in personal lines auto insurance in Chandler?
- How long has their agency been in business in Chandler?
- Does the company allow you to choose your own collision repair facility?
- Are they actively involved in the community?
- How many companies do they write for?
- What company holds the largest book of business for them?
When in doubt talk to an agent
Keep in mind that when it comes to choosing adequate coverage, there really is no “best” method to buy coverage. Your needs are unique to you so your insurance should reflect that
Here are some questions about coverages that may help you determine whether or not you could use an agent’s help.
- Which companies are cheaper for teen drivers?
- What should my uninsured motorist coverage limits be in Arizona?
- Are split liability limits better than a combined single limit?
- Do I need added coverage for expensive stereo equipment?
- Does my policy cover my teen driver if they drive my company car?
- What is an SR-22 filing?
- Is my state a no-fault state?
- Why do I only qualify for high-risk insurance?
- Does my car insurance cover rental cars?
If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.
More effort can pay off
Lower-priced auto insurance in Chandler can be found online and also from your neighborhood Chandler agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers may not offer rates over the internet and these regional insurance providers prefer to sell through independent agencies.
When shopping online for auto insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced liability coverage limits and learned later they didn’t have enough coverage. Your focus should be to purchase plenty of coverage at a price you can afford while still protecting your assets.
Throughout this article, we presented a lot of ways to lower your Hyundai Elantra insurance rates in Chandler. The key thing to remember is the more rate quotes you have, the better your comparison will be. Consumers may even find the biggest savings come from the smaller companies. Some small companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as GEICO and State Farm.
Additional information can be found at the links below
- Auto Theft Statistics (Insurance Information Institute)
- What Auto Insurance is Cheapest for Young Drivers in Chandler? (FAQ)
- What Insurance is Cheapest for Unemployed Drivers in Chandler? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Can I Drive Legally without Insurance? (Insurance Information Institute)