Finding cheaper car insurance for a Hyundai Elantra in Nevada depends on a lot of factors such as whether you are single or married, your address, and your policy deductibles. Drivers in Nevada pay on average $1,002 annually for Elantra insurance, but that cost is a projection based on a 30-year-old single male driver with full comprehensive and collision coverage and $250 deductibles.
When projecting a rate like this, the problem is that you aren't exactly 30 years old or even a male, married instead of single, and maybe you want higher deductibles. Auto insurance requires individual risk assessment, so the best way to find the most affordable coverage for your Hyundai is to compare rates from as many companies as possible.
The trim level of your vehicle will likely have an effect on the annual cost of coverage, so the price you will pay to insure a Elantra GLS Touring Station Wagon model will cost $108 less than the cost to insure the more well-appointed Elantra SE Touring Station Wagon model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$236||$330||$344||$20||$102||$1,032||$86|
|Elantra Blue 4-Dr Sedan||$236||$472||$404||$24||$120||$1,256||$105|
|Elantra GLS 4-Dr Sedan||$272||$472||$404||$24||$120||$1,292||$108|
|Elantra SE 4-Dr Sedan||$272||$472||$404||$24||$120||$1,292||$108|
|Elantra SE Touring Station Wagon||$272||$402||$344||$20||$102||$1,140||$95|
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Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in specific Nevada garaging location which can revise price quotes significantly.
Selecting the best insurer can be difficult considering how many different companies insure vehicles in Nevada. The ranking information shown below could help you choose which auto insurance companies you want to consider comparing prices from.
The rankings below are only comprised of companies that insure vehicles nationwide, so smaller regional companies are not included in this list. If you wish to compare rates and find the cheapest rates for a Hyundai Elantra, simply click here.
Top 10 Large Auto Insurance Providers Overall in Nevada
- American Family
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
- Mercury Insurance
Top Companies for Hyundai Elantra Insurance in Nevada
Careless drivers pay higher rates
The best way to enjoy the best insurance prices in Nevada for an Elantra is to pay attention while driving and avoid tickets and accidents. The example below demonstrates how citations and at-fault accidents influence annual premium costs for different age groups. Data assumes a married male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
The chart shows that the average cost of auto insurance in Nevada per year with a clean driving record and no accidents is $1,684. Factor in two speeding tickets and the average cost swells to $2,336, an increase of $651 each year. Next add two accidents along with the two speeding tickets and the yearly cost of insurance for a Hyundai Elantra in Nevada goes up to an average of $4,537. That's an increase of $2,852, or $238 per month, just for being a little careless behind the wheel!
Chances are good that you're overpaying for Elantra insurance
Nevada insurance rates are influenced by many factors that can increase the policy price. Simply getting older, marrying your spouse, or getting a speeding ticket may prompt premium changes resulting in some rates now being more affordable than competitors.
Not only that, but car insurance companies amend pricing every year as an adjustment for underwriting gains or losses. Larger than normal claims can result in rate hikes, while profitable underwriting may cause lower-cost Elantra insurance rates.
The bar chart below compares the cheapest car insurance in Nevada for a 35-year-old male driver with no accidents or violations, and a high credit rating. Based on his personal profile, Allied quotes the cheapest car insurance rates in Nevada at $921 each year. This is $653 less than the average price paid by Nevada drivers of $1,574. Travelers, Capital, Oregon Mutual, and American Family are the remainder of the top five cheapest Nevada auto insurance companies.
Now we will pretend the driver from the first set of rates some claims, poor credit, and a speeding ticket. Because each company uses a different method to establish rates, analyzing rates will most likely result in a new list of the cheapest car insurance companies in Nevada as shown below.
GEICO now has the lowest price on auto insurance in Nevada with USAA, Safeco, Nationwide, and Travelers also being competitive. This shows why consumers need to take the time to compare rates when trying to find the most economical insurance rates for a Hyundai Elantra.
Rates are impacted by many different factors and can decrease or increase without notice, so the best price three years ago may now cost much more than other companies.