Are you tired of overpaying and want the cheapest Hyundai Elantra insurance in Las Vegas? Trying to find low-cost insurance for your Hyundai Elantra in Nevada can normally be a painful process, but you can use a few tricks to make it easier. There is a better way to shop for insurance and you need to know the best way to compare rates for a new or used Hyundai and find the best price possible from Las Vegas insurance agents and online providers.
Unimaginable but true, the vast majority of insurance customers in Nevada have been with the same company for over three years, and just under half have never shopped around. U.S. drivers could save almost 46.5% every year, but most tend to underestimate how much they could save if they switched.
It's a good habit to check insurance prices once or twice a year since rates are usually higher with each renewal. Just because you found the best deal on Hyundai Elantra insurance in Las Vegas a few years ago you will most likely find a better price today. Forget all the misinformation about insurance because we're going to demonstrate how to use the internet to buy cheaper Hyundai Elantra insurance in Las Vegas.
Buying the cheapest car insurance in Las Vegas is not that difficult. If you already have coverage or just want a better rate, use these techniques to save money and still get good coverage. You just have to understand the fastest way to compare rate quotes from many different companies online.
Verify you're receiving every discount
Companies offering auto insurance don't always list every policy discount in an easy-to-find place, so the following is a list of a few of the more well known and the more hidden discounts you could be receiving when you buy Las Vegas auto insurance online.
- Lower Rates for Military - Having a deployed family member could mean lower car insurance rates.
- Telematics Discount - Drivers that enable their car insurance company to look at driving manner remotely such as State Farm's In-Drive could save a few bucks as long as the data is positive.
- Use Seat Belts - Drivers who require all occupants to fasten their seat belts can save a little on medical payment and PIP coverage.
- Early Switch Discount - A few insurance companies give discounts for switching to them prior to the expiration date on your current Elantra insurance policy. You may see this discount when you get Las Vegas auto insurance quotes online.
- Homeowners Savings - Just being a homeowner may trigger a policy discount on car insurance due to the fact that maintaining a home requires personal responsibility.
- Save over 55 - Seniors may be able to get a small discount on rates.
- Discount for Life Insurance - Larger insurance companies have a small discount if you purchase some life insurance too.
While discounts sound great, it's important to understand that most credits do not apply to the entire cost. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, you won't be that lucky.
A list of car insurance companies and a summarized list of policyholder discounts are detailed below.
- GEICO policyholders can earn discounts including air bags, anti-lock brakes, anti-theft, emergency military deployment, membership and employees, and defensive driver.
- MetLife may have discounts that include good student, accident-free, defensive driver, multi-policy, claim-free, good driver
- Progressive offers discounts including homeowner, multi-vehicle, good student, multi-policy, online signing, continuous coverage, and online quote discount.
- Travelers has savings for student away at school, multi-car, multi-policy, hybrid/electric vehicle, early quote, new car, and IntelliDrive.
- SAFECO has discounts for anti-theft, anti-lock brakes, bundle discounts, drive less, and homeowner.
- AAA includes discounts for good driver, education and occupation, pay-in-full, good student, multi-car, multi-policy, and anti-theft.
If you need lower rates, check with all the companies what discounts are available to you. All car insurance discounts might not apply in Las Vegas. To see a list of car insurance companies who offer online Hyundai Elantra insurance quotes in Nevada, click this link.
How to get free Hyundai Elantra insurance quotes online
The providers in the list below have been selected to offer price quotes in Nevada. If several companies are displayed, it's a good idea that you click on several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$116||$190||$270||$16||$80||$672||$56|
|Elantra Blue 4-Dr Sedan||$146||$392||$348||$20||$104||$1,010||$84|
|Elantra GLS 4-Dr Sedan||$204||$464||$324||$20||$96||$1,108||$92|
|Elantra SE 4-Dr Sedan||$190||$438||$372||$22||$112||$1,134||$95|
|Elantra SE Touring Station Wagon||$264||$494||$354||$20||$106||$1,238||$103|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Premium costs do not factor in specific location which can affect coverage rates considerably.
Physical damage deductibles: Should you raise them?
The illustration below illustrates how your deductible choice and can raise or lower Hyundai Elantra annual premium costs for different ages of insureds. The rate quotes are based on a single female driver, full physical damage coverage, and no discounts are applied.
Reduce Insurance Rates with These Tips
Part of the insurance buying process is learning some of the elements that help calculate the level of your policy premiums. When you know what positively or negatively impacts premium levels, this helps enable you to make changes that could help you find cheaper rates. Lots of things are part of the equation when you quote your car insurance policy. Some factors are common sense like an MVR report, but other factors are less apparent like your vehicle usage and annual miles driven.
The list below includes some of the things companies use to determine premiums.
Be proud to be claim-free - If you frequently file small claims, you can look forward to higher premiums or even policy non-renewal. Companies in Nevada award lower rates to policyholders who only file infrequent claims. Your insurance policy is designed for larger claims.
Prices increase with policy add-ons - There are a lot of additional coverages that can waste your money on your insurance policy. Coverage for things like rental car coverage, accident forgiveness, and membership fees could be just wasting money. The coverages may be enticing when deciding what coverages you need, but now you might not need them so eliminate the coverages to reduce your premium.
Where you reside factors in - Residing in areas with lower population can be a good thing when insuring your vehicles. People in densely populated areas have to deal with more road rage incidents and more time behind the wheel. Fewer drivers corresponds to lower accident rates as well as less vandalism and auto theft.
Better credit means lower costs - Credit score factor in your rate calculation. If your credit could use some work, you could potentially save money when insuring your Hyundai Elantra if you clean up your credit. Insureds with good credit tend to be more responsible than drivers who have lower credit ratings.
Bundle policies to earn discounts - Most insurers apply lower prices to people who buy several policies from them, otherwise known as a multi-policy discount. Discounts can amount to as much as ten percent or more Even if you already get this discount, you may still want to get quotes from other companies to guarantee you are still saving the most.There is a good possibility that you can save even more than the discount by buying insurance from a different company.
Pay more by driving carelessly - Even a single moving violation can bump up the cost to the point where it's not affordable. Attentive drivers receive lower rates compared to drivers with tickets. People who have severe violations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 or proof of financial responsibility with their state's department of motor vehicles in order to continue driving.
Having a spouse can lower rates - Having a spouse may earn you lower rates on your insurance policy. It generally demonstrates drivers are more financially stable it has been statistically shown that being married results in fewer claims.
Is your vehicle theft-ready? - Buying a car with anti-theft technology or alarm system can help bring down rates. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent car theft and help bring rates down.
Hyundai Elantra historical loss data - Car insurance companies use past loss statistics for each vehicle to calculate a rate that will offset losses. Vehicles that statistically have higher prevalence or dollar amount of losses will have increased rates. The table below demonstrates the historical insurance loss data for Hyundai Elantra vehicles.
For each policy coverage, the claim probability for all vehiclescombined as an average is equal to 100. Numbers under 100 indicate better than average losses, while numbers shown that are more than 100 indicate higher probability of having a loss or an increased probability of a larger loss.
Hyundai Elantra Insurance Loss Statistics
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Hyundai Elantra GT||95||91||95||112||114||107|
Statistics from IIHS.org for 2013-2015 Model Years
Can't I compare rate quotes from local Las Vegas insurance agents?
Many people just prefer to visit with an insurance agent and that is a personal choice. Good insurance agents are trained risk managers and will help you if you have claims. An additional benefit of comparing car insurance online is the fact that drivers can get the lowest rates but also keep your business local.
To make it easy to find an agent, after completing this short form, your coverage information gets sent to participating agents in Las Vegas who want to provide quotes for your insurance coverage. You don't have to contact any agents because quoted prices will be sent immediately to your email address. If for some reason you want to compare prices for a specific company, you can always search and find their rate quote page and submit a quote form there.
Choosing the best insurer should include more criteria than just the price. You should also get answers to these questions.
- How long has their agency been open in Las Vegas?
- Do you work with a CSR or direct with the agent?
- Is the agency involved in supporting local community causes?
- If your car is in the repair shop, do you have coverage for a rental car?
- How much training do they have in personal risk management?
The difference between Las Vegas auto insurance agents
If you want an insurance agent, it's helpful to know the types of agencies and how they operate. Insurance agencies in Las Vegas are considered either exclusive or independent agents depending on their company appointments. Both write policy coverage, but it's important to point out the difference in how they write coverage since it may influence buying decisions.
Agents of this type can only provide pricing for a single company and examples are State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to place coverage with different providers so they have no alternatives for high prices. Exclusive agents are very knowledgeable on their products and sales techniques and that enables them to sell even at higher rates. Some insured continue to purchase coverage from exclusives partially due to the prominence of the brand rather than low rates.
Shown below is a short list of exclusive insurance agents in Las Vegas that are able to give price quotes.
- Allstate Insurance: Yukin Kwan
4001 S Decatur Blvd Ste 4 - Las Vegas, NV 89103 - (702) 530-8822 - View Map
- Jason Paszek - State Farm Insurance Agent
4250 E Bonanza Rd #16 - Las Vegas, NV 89110 - (702) 453-9500 - View Map
- State Farm: Gregory A Moore
4312 W Charleston Blvd - Las Vegas, NV 89102 - (702) 870-9298 - View Map
Independent Car Insurance Agents
These type of agents are not employed by any specific company and that enables them to quote your coverage through many different car insurance companies and potentially find a lower price. If they find a lower price, they simply switch companies in-house and you don't have to do anything. If you are comparing car insurance prices, it's recommended you get some free quotes from independent agents so that you have a good selection of quotes to compare. They often place coverage with small regional insurance companies which can save you money.
The following is a short list of independent insurance agents in Las Vegas who can help you get comparison quotes.
- All Around Insurance Agency, Inc.
3970 N Tenaya Way #110 - Las Vegas, NV 89129 - (725) 696-7707 - View Map
- Harrison Insurance Agency
724 S 9th St - Las Vegas, NV 89101 - (702) 648-1634 - View Map
- Lanny Maren CIG Insurance Las Vegas
4175 S Riley St #200 - Las Vegas, NV 89147 - (702) 597-5998 - View Map
Upon receiving answers to your satisfaction to any questions you may have and an affordable coverage quote, you may have just found an insurance agent that is professional and can service your policy. But keep in mind you are entitled to cancel your policy at any time so never assume that you are obligated to a policy with no way to switch.
Three main reasons to buy car insurance
Even though Las Vegas Elantra insurance rates can get expensive, insurance is mandatory in Nevada but it also protects more than you think.
First, the majority of states have minimum liability requirements which means state laws require specific minimum amounts of liability insurance coverage if you want to drive legally. In Nevada 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.
Second, if your car has a lienholder, it's guaranteed your bank will have a requirement that you have insurance to guarantee payment of the loan. If you let the policy lapse, the bank may buy a policy for your Hyundai at a more expensive rate and require you to fork over a much higher amount than you were paying before.
Third, insurance protects both your assets and your vehicle. It will also cover all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage will also pay for a defense attorney if you are sued as the result of an accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to repair the damage.
The benefits of having insurance definitely exceed the price paid, particularly for liability claims. The average driver in Nevada overpays more than $820 a year so you should quote and compare rates once a year at a minimum to ensure rates are inline.
Don't give up on affordable rates
Consumers switch companies for a number of reasons such as being labeled a high risk driver, not issuing a premium refund, policy cancellation or even high prices. It doesn't matter what your reason, switching companies is easier than you think.
Cheap Hyundai Elantra insurance in Las Vegas is attainable from both online companies and with local Las Vegas insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance providers may not offer internet price quotes and many times these small insurance companies prefer to sell through independent insurance agents.
We covered a lot of ways to compare Hyundai Elantra insurance auto insurance rates in Las Vegas. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your premium rates. Consumers may even find the best price on car insurance is with a small mutual company.
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