How Much Does 2018 Hyundai Santa Fe Car Insurance Cost in 2024?

Want cheaper auto insurance rates for your Hyundai Santa Fe? Nobody that owns a car anticipates paying for auto insurance, particularly when the cost is too high.

With consumers having so many insurance providers from which to choose, it is very difficult to find the cheapest company.

Finding affordable coverage is quite easy. If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using this information. Although vehicle owners need to have an understanding of how companies price online insurance and use this information to your advantage.

Auto insurance policy discounts you can’t miss

Not many people think insurance is cheap, but you might be missing out on some discounts to cut the cost considerably. Some of these discounts will be visible at the time you complete a quote, but a few need to be asked for before you will receive the discount.

• Multiple Policy Discount – If you can bundle your auto and homeowners insurance with one insurance company you will save at least 10% off all policies.
• Discount for Life Insurance – Larger companies have a discounted auto insurance rate on car insurance if you buy a life insurance policy as well.
• Telematics Data – Drivers who agree to allow driving data submission to look at driving manner by using a telematics device such as Progressive’s Snapshot might get better premium rates if they show good driving skills.
• New Vehicle Savings – Insuring a vehicle that is new may earn a small discount since new model year vehicles have better safety ratings.
• Renewal Discounts – Select larger companies give a discount for switching companies early. This can save 10% or more.
• Passive Restraints and Air Bags – Factory air bags or motorized seat belts may qualify for discounts of 25 to 30%.
• Safety Restraint Discount – Requiring all passengers to buckle up can save up to 15% off the personal injury premium cost.
• One Accident Forgiven – This isn’t a discount exactly, but companies like Progressive, Allstate, and GEICO will let one accident slide without the usual rate increase if your claims history is clear for a particular time prior to the accident.

Don’t be shocked that most of the big mark downs will not be given to all coverage premiums. Most cut specific coverage prices like comprehensive or collision. If you do the math and it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

A list of auto insurance companies and their possible discounts are outlined below.

• Progressive includes discounts for continuous coverage, multi-vehicle, multi-policy, online quote discount, homeowner, good student, and online signing.
• SAFECO offers premium reductions for homeowner, teen safe driver, bundle discounts, accident prevention training, and safe driver.
• American Family discounts include good student, TimeAway discount, air bags, accident-free, early bird, and bundled insurance.
• MetLife has discounts for accident-free, multi-policy, claim-free, good driver, good student, defensive driver
• GEICO offers discounts including multi-policy, emergency military deployment, driver training, federal employee, and military active duty.
• The Hartford has savings for good student, air bag, driver training, anti-theft, bundle, and vehicle fuel type.

When quoting, ask each company or agent which credits you are entitled to. All car insurance discounts may not apply to policyholders in your state. To view auto insurance companies who offer discounts, enter your zip code here.

Insurance agents can help

When it comes to buying the best auto insurance coverage, there really is no one size fits all plan. Everyone’s situation is a little different so this has to be addressed. For instance, these questions may help you determine whether your personal situation may require specific advice.

• Does my 2018 Hyundai Santa Fe need full coverage?
• Should I buy only the required minimum liability coverage?
• Who is covered by my policy?
• Do I need medical payments coverage since I have good health insurance?
• I have good health insurance, so how much medical payments coverage do I need?
• Why am I required to buy liability insurance?
• Is my business laptop covered if it gets stolen from my vehicle?
• What if I total my 2018 Hyundai Santa Fe and owe more than it’s worth?
• What are the financial responsibility laws in my state?
• Does coverage extend to Mexico or Canada?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete your zip code.

Advertising and insurance

Respected companies like GEICO, State Farm and Progressive continually stream ads in print and on television. They all convey the message that drivers will save a bundle if you get a free insurance quote and switch your coverage to them. How is it plausible that every one can charge you a lower premium? Here is how they do it.

Insurance companies quote the lowest rates for the driver that earns them a profit. For example, a profitable insured could be between the ages of 30 and 50, owns their home, and drives less than 10,000 miles a year. Anyone who matches that profile receives the best premium rates and as a result will probably save when they switch companies.

Potential insureds who do not fit these stringent criteria may receive a higher rate with the end result being the prospect going elsewhere. If you pay close attention to the ads, they say “drivers who switch” but not “all drivers who get quotes” save that kind of money. That’s the way companies can claim big savings. Because of this risk profiling, you really should compare as many free insurance quotes as you can. It’s not possible to predict which insurance company will provide you with the cheapest prices.

Auto insurance coverage basics

Knowing the specifics of auto insurance can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages available from auto insurance companies.

Liability coverages

This protects you from damages or injuries you inflict on other people or property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged property.

Liability insurance covers things such as pain and suffering, repair costs for stationary objects, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Collision protection

Collision insurance pays for damage to your Santa Fe resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like backing into a parked car, damaging your car on a curb, hitting a parking meter, sustaining damage from a pot hole and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.

Medical costs insurance

Med pay and PIP coverage provide coverage for bills like dental work, funeral costs, nursing services, surgery and pain medications. They are used in conjunction with a health insurance program or if you do not have health coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like theft, hitting a deer, rock chips in glass and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

UM/UIM Coverage

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Hyundai Santa Fe.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Saving money makes a lot of cents

More affordable auto insurance can be found on the web and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not provide the ability to get quotes online and usually these smaller companies prefer to sell through local independent agencies.

We just showed you a lot of ways to reduce 2018 Hyundai Santa Fe insurance prices online. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers could even find that the best price on auto insurance is with a small local company. They can often insure niche markets at a lower cost than their larger competitors like GEICO and State Farm.