Save on Hyundai Accent Insurance in Riverside

Insurance rates Hyundai Accent in RiversideIf you want to find the absolute lowest rates, then the best way to get the cheapest Hyundai Accent insurance is to start comparing prices regularly from different companies who sell auto insurance in Riverside.

Step 1: Get a basic knowledge of individual coverages and the changes you can make to keep rates in check. Many risk factors that are responsible for high rates like speeding and a less-than-favorable credit rating can be rectified by being financially responsible and driving safely. Later in this article we will cover more details to get cheaper rates and earn larger discounts.

Step 2: Compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO or Farmers Insurance, while agents who are independent can quote prices for many different companies.

Step 3: Compare the new rates to the premium of your current policy to determine if switching companies saves money. If you find a lower rate and decide to switch, make sure coverage does not lapse between policies.

Step 4: Provide notification to your current agent or company of your decision to cancel your current policy. Submit the required down payment along with the signed application to your new carrier. Immediately upon receiving it, put the proof of insurance paperwork somewhere easily accessible.

The critical component of shopping around is to use similar deductibles and liability limits on each quote and and to compare every company you can. This helps ensure an accurate price comparison and a complete rate analysis.

Astonishing but true, almost 70% of drivers kept their policy with the same company for over three years, and approximately 40% of consumers have never compared rates from other carriers. Drivers in Riverside could save an average of nearly 35% each year just by comparing rates, but they don’t want to take the time to find affordable rates by getting comparison quotes.

Companies offering Hyundai Accent insurance in California

The companies shown below provide price quotes in California. If multiple providers are shown, we suggest you visit two to three different companies in order to get a fair rate comparison.

Insurance statistics for a Hyundai Accent

The data table displayed next highlights detailed analysis of insurance policy prices for Hyundai Accent models. Understanding how rates are formulated is important to be able to make smart choices when buying a policy.

Hyundai Accent Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $198 $430 $488 $28 $146 $1,290 $108
Accent GS 2-Dr Hatchback $232 $524 $488 $28 $146 $1,418 $118
Accent GLS 4-Dr Sedan $232 $618 $650 $38 $194 $1,732 $144
Accent SE 2-Dr Hatchback $266 $712 $488 $28 $146 $1,640 $137
Get Your Own Custom Quote Go

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Rate quotes do not factor in vehicle location which can lower or raise coverage prices greatly.

Comparison of policy deductibles

A question often asked by Riverside drivers is how high should the physical damage deductibles be. The figures shown below lay out the rate fluctuation of buying low and high policy deductibles. The first rate comparisons uses a $100 deductible for comp and collision and the second price chart uses a $500 deductible.

Hyundai Accent insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $282 $564 $376 $22 $112 $1,381 $115
Accent GS 2-Dr Hatchback $332 $686 $376 $22 $112 $1,553 $129
Accent GLS 4-Dr Sedan $332 $810 $500 $30 $150 $1,847 $154
Accent SE 2-Dr Hatchback $380 $932 $376 $22 $112 $1,847 $154
Get Your Own Custom Quote Go

Hyundai Accent insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $206 $382 $376 $22 $112 $1,098 $92
Accent GS 2-Dr Hatchback $242 $464 $376 $22 $112 $1,216 $101
Accent GLS 4-Dr Sedan $242 $546 $500 $30 $150 $1,468 $122
Accent SE 2-Dr Hatchback $278 $630 $376 $22 $112 $1,418 $118
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Estimates do not factor in specific Riverside garaging location which can raise or lower coverage prices greatly.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $30 more each month or $360 annually than requesting the higher $500 deductible. Because you would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to go more than 13 months between claims, you would come out ahead by selecting a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $138
Average monthly premium for $500 deductibles (subtract): – $108
Monthly savings from raising deductible: $30
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

One important caveat is that raising deductibles results in a higher out-of-pocket expense when you have a comprehensive or collision claim. You need enough money put aside in the event you have to pay the deductible for vehicle repair.

Cheaper rates on Hyundai Accent insurance in Riverside with these discounts

Some insurers don’t always list every discount they offer in an easy-to-find place, so we break down a few of the more common and the harder-to-find discounts that you may qualify for.Cheaper insurance with discounts

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates you could get a free insurance policy, it just doesn’t work that way. But all discounts will help lower the premium cost.

The illustration below shows the difference between Hyundai Accent car insurance costs with and without discounts applied to the policy premium. The premium estimates are based on a male driver, no accidents or driving violations, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, marriage, safe-driver, multi-policy, and homeowner discounts applied.

To find insurance companies that can offer you the previously mentioned discounts in Riverside, click this link.

How Car Insurance Companies Determine Hyundai Accent Insurance Costs

When buying auto insurance it’s important to understand the different types of things that are used to determine the price you pay for auto insurance. If you know what controls the rates you pay, this empowers consumers to make smart changes that could result in better auto insurance rates.

The factors shown below are a few of the things used by insurance companies to determine your premiums.

Younger drivers pay higher premiums – More mature drivers are proven to be safer behind the wheel, file fewer claims, and are generally more financially stable. Inexperience drivers are known to be inattentive when driving so they pay higher auto insurance rates.

The following chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.

Car plus home equals more savings – Many auto insurance companies afford lower prices to people that buy multiple policies, otherwise known as a multi-policy discount. Even with this discount, you may still want to compare Hyundai Accent rates in Riverside to make sure you are getting the best deal.

Are you male or female? – Over the last 50 years, statistics have shown that women are safer drivers than men. It does not mean women are better drivers. Women and men cause auto accidents in similar numbers, but the men have costlier accidents. Men also tend to receive more costly citations such as DWI and reckless driving.

The illustration below shows the difference between Hyundai Accent insurance costs for male and female drivers. Data assumes no claims or violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Policy add-ons may be wasting money – Policies have add-on coverages that can waste your money when buying auto insurance. Coverage for things like coverage for rental cars, high-cost glass coverage, and membership fees are probably not needed. They may seem good when deciding what coverages you need, but your needs may have changed so eliminate the coverages to reduce your premium.

How’s your driving record? – Your driving citation history has a lot to do with how much you pay for insurance. Having just one ticket can boost insurance rates substantially. Drivers with clean records pay less for auto insurance than bad drivers. Drivers with severe citations such as reckless driving, hit and run or driving under the influence may face state-mandated requirements to submit a SR-22 form with their state’s department of motor vehicles in order to prevent a license revocation.

The example below demonstrates how citations and fender-benders can drive up Hyundai Accent premium costs for different age groups of insureds. The premium estimates are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.

Raise physical damage deductibles and save – Physical damage protection, also called comprehensive and collision insurance, is used to repair damage to your vehicle. Some examples of claims that would be covered could be colliding with a building, hitting a deer, and damage caused by flying debris. The deductibles you choose define how much the insured will be required to pay before your auto insurance pays a claim. The higher the amount you pay before a claim is paid (deductible), the lower your rates will be.

Infrequent drivers can save – The more you drive your Hyundai in a year the higher your rates will be. Many insurance companies price each vehicle’s coverage based upon how you use the vehicle. Cars and trucks that have low annual miles can be on a lower rate level than those used for commuting. Improper usage on your Accent may be costing you. It’s a smart idea to ensure your auto insurance policy properly reflects the right rating data.

Loss probability for a Hyundai Accent – Insurers include the past claim history for a vehicle to help calculate a profitable premium price. Vehicles that historically have increased claim numbers or amounts will have higher rates for specific coverages. The table below shows the collected loss data for Hyundai Accent vehicles.

For each coverage type, the loss probability for all vehicles, regardless of manufacturer or model, equals 100. Values that are under 100 are indicative of better than average losses, while values that are above 100 point to more claims or larger claims.

Hyundai Accent Insurance Loss Statistics
Specific Hyundai Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Hyundai Accent 98 109 89 129 129 133

Statistics from for 2013-2015 Model Years

Car insurance is available from your local insurance agencies

Many drivers still prefer to buy from a licensed agent and that can be a great decision A good thing about comparing car insurance online is that you can obtain lower rates and still buy from a local agent.

Find insurance agent in RiversideAfter filling out this simple form, your insurance coverage information is emailed to local insurance agents in Riverside who will gladly provide quotes to get your business. You never need to leave your house due to the fact that quote results will go to the email address you provide. You can get cheaper car insurance rates and work with a local agent. If you need to quote rates from a specific car insurance provider, you would need to go to their quote page and complete a quote there.

Deciding on an company should depend on more than just a cheap price. Here are some questions you should ask.

If you’re trying to find a reliable insurance agency, it’s important to understand the different types of agents and how they are slightly different. Agents in Riverside can be described as either independent agents or exclusive agents.

Exclusive Agents

Agents of this type work for only one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to compare other company’s rates so they really need to provide good service. They receive a lot of sales training on their company’s products which helps them compete with independent agents. Drivers often use the same exclusive agent partially due to the prominence of the brand rather than having the cheapest rates.

Shown below are Riverside exclusive insurance agents who can help you get rate quotes.

More Riverside agents

Independent Car Insurance Agencies

These agents are not locked into one company so they have the ability to put coverage amongst many companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can just switch to a different company without you having to go to a different agency. If you are comparing car insurance prices, you will definitely want to contact independent agents so that you have a good selection of quotes to compare. A lot of them also have access to lesser-known insurance companies that may have much lower rates than larger companies.

The following is a list of independent agencies in Riverside that are able to give price quotes.

More Riverside agents

If you feel you receive good answers to all your questions and an acceptable price quote, chances are good that you have found an insurance agent that meets the requirements to adequately provide car insurance. Just understand that you are able to terminate coverage whenever you want so never assume that you’re stuck with a specific agent indefinitely.

Persistence is the key to cheaper rates

People change insurance companies for many reasons like being labeled a high risk driver, an unsatisfactory settlement offer, extreme rates for teen drivers or lack of trust in their agent. Regardless of your reason, choosing a new company can be easy and end up saving you some money.

In this article, we covered many ways to shop for Hyundai Accent insurance online. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the best price on car insurance is with some of the smallest insurance companies.

Low-cost Hyundai Accent insurance in Riverside is possible online as well as from independent agents in Riverside, so you should compare both to get a complete price analysis. A few companies may not offer the ability to get quotes online and many times these smaller companies work with independent agents.

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