How Much Does 2014 Hyundai Elantra GT Car Insurance Cost in 2024?

Do you get exhausted from not being able to afford to pay your insurance coverage bill each month? You are no different than most other people.

Insurance companies such as Progressive, State Farm and GEICO persistently shower you with advertising and it is challenging if not impossible to see through the cute green geckos and mayhem and do the work needed to find the best deal.

It’s a great practice to shop coverage around before your policy renews since insurance prices trend upward over time. If you had the best deal for Elantra GT coverage a year ago you can probably find a better rate now. There is lot of inaccurate information about insurance coverage online but by reading this article, you’re going to learn some great ways to lower your insurance coverage rates.

How to lower your insurance cost

The are a couple different ways to compare rate quotes from different companies. The best method to find the cheapest Hyundai Elantra GT insurance rates consists of shopping online. This can be done by using one of the methods below.

1. Without a doubt, the easiest way to compare a lot of rates at once is to use a rate comparison form. This style of form prevents you from having to do separate quotes for every company. Filling out one form gets coverage cost estimates from insurance companies with the best prices.
2. A more time consuming way to find better pricing is to take the time to go to each company’s website and fill out their own quote form. For sake of this example, let’s say you want rates from Liberty Mutual, State Farm and American Family. You would be required to visit each site and repeatedly enter your information, which can get old fast.
3. The most time-consuming method to comparison shop is driving to and from local insurance agencies. Comparing rates online eliminates the middleman unless you require the personal advice that can only be provided by a licensed insurance agent. It is possible with some companies compare the best prices online and still use a local agent.

Whichever way you choose to compare rates, do your best to enter exactly the same quote information with each company. If you are comparing different data then you won’t be able to truly determine the lowest rate. Even a minor difference in limits could throw off the whole comparison. And when comparing insurance rates, know that quoting more will enable you to find the best price.

More affordable rates by getting discounts

Insurance can be prohibitively expensive, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically at the time you complete a quote, but some must be inquired about prior to receiving the credit.

• Accident-Free Discounts – Insureds who avoid accidents and claims get the best insurance coverage rates as compared to accident-prone drivers.
• Discount for New Cars – Adding a new car to your policy is cheaper due to better safety requirements for newer models.
• Early Switch Discount – A few insurance coverage companies give discounts for renewing your policy prior to the expiration date on your current policy. You can save around 10% with this discount.
• Driver Training Discounts – Successfully completing a course in defensive driving could save 5% or more depending on where you live.
• Paperless Signup – Certain companies will give a small break for signing up on their website.
• College Student – Children who are attending college and don’t have a car could get you a discount.
• Own a Home and Save – Being a homeowner may trigger a policy discount on insurance coverage because maintaining a house demonstrates responsibility.
• Low Mileage Discounts – Driving fewer miles can qualify you for lower insurance coverage rates due to less chance of an accident.
• Telematics Devices – Insureds that choose to allow companies to spy on their driving habits through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease as long as the data is positive.
• Mature Driver Discount – If you’re over the age of 55, you may receive better insurance coverage rates for Elantra GT coverage.

A little disclaimer on discounts, most discount credits are not given to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, it’s just not the way it works.

If you would like to view companies with discount insurance coverage rates, enter your zip code here.

Your insurance coverage should be tailored to you

When it comes to buying the best insurance coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that may help highlight if you might need an agent’s assistance.

• Will I lose any money if I cancel my policy before it expires?
• Is my custom paint covered by insurance?
• Do I need higher collision deductibles?
• What is PIP insurance?
• Is my babysitter covered when using my vehicle?
• How can I find cheaper teen driver insurance?
• What discounts do I qualify for?
• Where can I find high-risk insurance?
• Am I covered when renting a car or should I buy coverage from the car rental agency?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete your zip code.

Information about specific coverages

Learning about specific coverages of your policy can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages offered by car insurance companies.

Liability

Liability coverage will cover damages or injuries you inflict on people or other property that is your fault. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage pays for things like funeral expenses, structural damage and pain and suffering. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Coverage for collisions

Collision insurance will pay to fix damage to your Elantra GT from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as scraping a guard rail, hitting a parking meter, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Comprehensive insurance

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as a broken windshield, theft, hail damage, falling objects and damage from getting keyed. The maximum amount you can receive from a comprehensive 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.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for immediate expenses like dental work, pain medications, prosthetic devices, chiropractic care and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Hyundai Elantra GT.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.