To save the most money, the best way to find cheaper prices for car insurance rates in Riverside is to compare prices regularly from different companies that sell auto insurance in California. You can compare rates by following these guidelines.
Step 1: Take a few minutes and learn about coverages and the factors you can control to keep rates low. Many things that are responsible for high rates such as accidents, careless driving, and a less-than-favorable credit score can be improved by making minor changes to your lifestyle. Read the full article for additional tips to get cheaper rates and find discounts that you may qualify for.
Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like Progressive or Allstate, while independent agencies can provide prices from many different companies. Begin your rate comparison
Step 3: Compare the price quotes to your existing coverage and see if you can save money. If you find a lower rate quote and switch companies, make sure there is no lapse in coverage.
The most important part of this process is to use identical deductibles and limits on each price quote and and to get rate quotes from as many different companies as possible. Doing this provides an accurate price comparison and plenty of rates choose from.
It’s safe to conclude that auto insurance companies want to keep you from shopping around. Drivers who perform rate comparisons will presumably move their business because there is a significant possibility of finding coverage at a more affordable price. A recent auto insurance study revealed that consumers who made a habit of comparing rate quotes saved over $865 annually as compared to drivers who never shopped for cheaper rates.
If finding the best price on car insurance is the reason you’re reading this, then understanding how to quote prices and compare coverage rates can make it easier for you to save money.
Cheaper Riverside auto insurance quotes with discounts
Auto insurance is not an enjoyable expense, but you may qualify for discounts that can dramatically reduce your bill. Certain reductions will be credited at quote time, but a few need to be requested specifically prior to getting the savings.
- Air Bag Discount – Vehicles equipped with air bags may earn rate discounts as much as 30%.
- Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
- Anti-lock Brake System – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
- Waiver for an Accident – Not a discount per se, but some companies like GEICO, Progressive, and Allstate allow you one accident before your rates go up if you have no claims for a specific time period.
- E-sign – Certain companies provide a small discount just for signing your application over the internet.
- Professional Memberships – Being in qualifying clubs or civic groups could earn you a nice discount on your policy.
- Senior Citizen Discount – Drivers that qualify as senior citizens may receive reduced rates.
- Government Employee Discount – Having worked for a branch of the government could provide a small rate reduction with certain companies.
Just know that most of the big mark downs will not be given to your bottom line cost. Most cut individual premiums such as medical payments or collision. So even though you would think all those discounts means the company will pay you, that’s just not realistic. But any discount will cut the cost of coverage.
The chart below illustrates the difference between Hyundai Genesis premium costs with and without discounts applied. The data assumes a female driver, no claims, a clean driving record, California state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, marriage, multi-car, homeowner, and safe-driver discounts applied.
To view auto insurance companies with the best Hyundai Genesis insurance discounts in Riverside in California, click here.
How to buy Riverside Hyundai Genesis insurance online
The majority of larger companies give coverage price quotes online. This process is possible for anyone as you simply enter your personal and coverage information on the page. When complete, the quote system sends out for reports for credit and driving violations and gives you a price quote.
This makes comparing rates easy, and it is important to get many rate quotes in order to get the most affordable premium.
If you want to fill out one form to compare multiple rates now, compare rates from the companies below. If you have coverage now, it’s recommended you replicate your coverages as close as possible to your current policy. This makes sure you will get rate quotes based on similar coverages.
The companies shown below are ready to provide price comparisons in California. If multiple companies are shown, we suggest you visit as many as you can to get the most affordable price.
Insurance coverage details
The coverage table shown below outlines estimates of coverage costs for Hyundai Genesis models. Learning more about how car insurance premiums are established can be of help when making decisions on the best policy coverages.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Genesis 2.0T 2-Dr Coupe||$370||$912||$580||$34||$174||$2,070||$173|
|Genesis 3.8 4-Dr Sedan||$412||$792||$394||$24||$118||$1,740||$145|
|Genesis 2.0T Premium 2-Dr Coupe||$412||$912||$580||$34||$174||$2,112||$176|
|Genesis 3.8 2-Dr Coupe||$412||$912||$580||$34||$174||$2,112||$176|
|Genesis 2.0T Track 2-Dr Coupe||$412||$912||$580||$34||$174||$2,112||$176|
|Genesis 3.8 Grand Touring 2-Dr Coupe||$412||$912||$580||$34||$174||$2,112||$176|
|Genesis 4.6 4-Dr Sedan||$412||$912||$394||$24||$118||$1,860||$155|
|Genesis 3.8 Track 2-Dr Coupe||$412||$1032||$580||$34||$174||$2,232||$186|
|Get Your Own Custom Quote Go|
Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Information does not factor in your specific Riverside location which can alter premiums noticeably.
Full coverage or liability only
The illustration below illustrates the difference between Hyundai Genesis auto insurance rates with liability coverage only compared to full coverage. The premiums assume a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are taken into consideration.
Guidelines for dropping full coverage
There is no clear-cut rule for eliminating physical damage coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.
For example, let’s say your Hyundai Genesis book value is $7,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $6,000 after you pay the deductible. If you are paying more than $600 a year to have full coverage, then it may be the right time to buy liability only.
There are some circumstances where buying only liability insurance is not a good idea. If you haven’t paid off your loan, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should keep full coverage in place.
Why Your Insurance Prices might be higher
Lots of things are taken into consideration when quoting car insurance. Some factors are common sense like a motor vehicle report, although others are less obvious like your vehicle usage or your vehicle rating. Part of the insurance buying process is learning some of the factors that help calculate your insurance rates. When you understand what determines base rates, this allows you to make educated decisions that could result in cheaper rates.
Better drivers pay better premiums – Your driving record has a big impact on rates. Even one chargeable violation can bump up the cost by as much as thirty percent. Careful drivers get better rates as compared to those with violations. Drivers who have gotten careless violations such as reckless driving, hit and run or driving under the influence may be required to file a SR-22 with their state in order to continue driving.
The chart below illustrates how speeding tickets and at-fault collisions can drive up Hyundai Genesis insurance costs for different insured age categories. The data is based on a single female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.
- Advanced GPS tracking and theft deterrents – Choosing to buy a car with a theft deterrent system can save you a little every year. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent car theft and help bring rates down.
- Liability protection is peace of mind – A critical coverage on your policy, liability insurance will protect you if ever a court rules you are at fault for causing personal injury or damage in an accident. Liability provides you with a defense in court starting from day one. Liability insurance is pretty cheap compared to physical damage coverage, so insureds should have plenty of protection for their assets.
- How credit rating affects insurance prices – Having a good credit rating will be a significant factor in determining what you pay. Insureds with good credit tend to file fewer claims and have better driving records than drivers with worse credit. So if your credit can use some improvement, you could potentially save money when insuring your Hyundai Genesis if you improve your credit rating.
Performance influences premiums – The performance of the car you are trying to find cheaper insurance for makes a significant difference in your premium level. Low performance passenger models generally have the cheapest insurance rates, but other factors influence the final cost greatly.
The following chart assumes a married female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The data compares Hyundai Genesis rates compared to other models of vehicles that have different risk factors.
Hyundai Genesis historical loss data – Car insurance companies include the past claim history for a vehicle when setting premium rates. Vehicles that the statistics show to have higher claim frequency or loss amount will have higher rates. The information below illustrates the actual insurance loss data for Hyundai Genesis vehicles.
For each coverage type, the claim probability for all vehicles averaged together equals 100. Numbers under 100 indicate a favorable loss history, while numbers shown that are more than 100 point to more frequent losses or a tendency for losses to be larger than average.
Car Insurance Loss Data for Hyundai Genesis Models Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Genesis 178 122 117 119 103 117 Hyundai Genesis 4dr 154 71 154 85 99BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
How do I know if I need professional advice?
When quoting and comparing a policy for your personal vehicles, there really is not a “perfect” insurance plan. You are unique so this has to be addressed. For example, these questions can aid in determining if you might need professional guidance.
- What can I do if my company won’t pay a claim?
- How much liability insurance is required?
- How much liability do I need to cover my assets?
- How much can I save by bundling my policies?
- Do all my vehicles need collision coverage?
- Why are teen drivers so expensive to add on to my policy?
- Should I buy full coverage?
- How long can I keep a teen driver on my policy?
- Is my vehicle covered by my employer’s policy when using it for work?
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.
What if I want to buy from local Riverside insurance agents?
Certain consumers still prefer to get professional advice from a licensed agent and that is just fine! The biggest benefit of comparing insurance prices online is that you can find lower rates and also buy local. Buying from and supporting local insurance agents is important especially in Riverside.
After completing this quick form, your information is sent to companies in Riverside who want to provide quotes to get your business. It’s much easier because you don’t need to leave your computer due to the fact that quote results will go to the email address you provide. Get lower rates without the usual hassles of price shopping. If for some reason you want to compare rates from a specific insurance company, you would need to jump over to their website to submit a rate quote request.
Is an exclusive or independent auto insurance agent right for you?
If you would like to find an insurance agent, you must know there are a couple types of agencies and how they operate. Agencies in Riverside can either be independent agents or exclusive agents.
Independent Agencies or Brokers
Agents that elect to be independent are not restricted to one company and that enables them to quote your coverage with multiple insurance companies and possibly get better coverage at lower prices. If they quote lower rates, they simply move the coverage in-house without you having to go to a different agency.
When comparing rate quotes, you will want to get several quotes from at a minimum one independent agency to maximize your price options. A lot of them also have access to companies you’ve never heard of who may have lower rates.
Below is a short list of independent agencies in Riverside who may provide pricing information.
- Adriana’s Insurance Services
6200 Van Buren Boulevard #105 – Riverside, CA 92503 – (951) 710-1100 – View Map
- Nationwide Insurance: EG Insurance Agency Inc
11728 Magnolia Ave Suite B – Riverside, CA 92503 – (951) 202-1871 – View Map
- Gibson-Hadley Insurance Agency Inc – Mercury Insurance Agent
10363 Hole Ave – Riverside, CA 92505 – (888) 955-0950 – View Map
Exclusive Insurance Agencies
Agents in the exclusive channel have only one company to place business with such as State Farm, Allstate and AAA. These agents are not able to provide other company’s prices so they have no alternatives for high prices. Exclusive insurance agents are trained well on their company’s products and that can be a competitive advantage. Consumers frequently buy insurance from these agents partially due to the brand legacy rather than having the cheapest rates.
Below are Riverside exclusive agents that can give you rate quotes.
- Lynne Dattilo – State Farm Insurance Agent
6560 Van Buren Boulevard a – Riverside, CA 92503 – (951) 689-3700 – View Map
- Farmers Insurance: Edward Lavalle
19318 Jesse Ln Ste 200 – Riverside, CA 92508 – (951) 222-3038 – View Map
- Farmers Insurance Eric Wilkins Agency
7177 Brockton Ave #109 – Riverside, CA 92506 – (951) 680-9213 – View Map
Choosing an auto insurance agent is decision based upon more than just a cheap quote. Before buying a policy in Riverside, get answers to these questions.
- Are all drivers listed on the coverage quote?
- Is the agent CPCU or CIC certified?
- How many years have they been established?
- Are they actively involved in the community?
- Is their price quote a firm figure or are their hidden costs?
- Do they prorate repair cost based on vehicle mileage?
- What company holds the largest book of business for them?
It may be expensive, but it’s not optional
Despite the high cost, insuring your vehicle may be required for several reasons.
First, almost all states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability insurance if you want to drive legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if you have a loan on your Hyundai Genesis, it’s guaranteed your bank will require you to carry insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank will be required to insure your Hyundai at a significantly higher premium and make you pay the higher premium.
Third, auto insurance preserves your Hyundai Genesis and your assets. Insurance will pay for most medical and hospital costs incurred in an accident. As part of your policy, liability insurance also covers legal expenses if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of carrying enough insurance outweigh the cost, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is overpaying more than $869 every year so you should quote your policy with other companies at every renewal to ensure rates are competitive.
Which car insurance company is best in California?
Choosing the top company can be a challenge considering how many companies there are to choose from in Riverside. The company rank data in the next section may help you analyze which car insurance providers you want to consider buying from.
Top 10 Riverside Car Insurance Companies Ranked by Claims Service
- AAA of Southern California
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
Don’t give up on cheaper rates
As you shop your coverage around, make sure you don’t buy less coverage just to save a little money. There have been many cases where someone sacrificed full coverage and found out when filing a claim that it was a big mistake. The aim is to purchase plenty of coverage at the best price while still protecting your assets.
More affordable car insurance in Riverside is possible from both online companies and also from your neighborhood Riverside agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not offer online rate quotes and many times these small insurance companies sell through independent agents.
You just read a lot of techniques to save on Hyundai Genesis insurance in Riverside. It’s most important to understand that the more rate quotes you have, the higher your chance of finding affordable Hyundai Genesis insurance quotes. You may even be surprised to find that the lowest priced car insurance comes from some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or GEICO.
- Help Your Teen Be a Better Driver (State Farm)
- Who Has the Cheapest Riverside Car Insurance Rates for Police Officers? (FAQ)
- Who Has Cheap Auto Insurance Quotes for 16 Year Olds in Riverside? (FAQ)
- Who Has Affordable Riverside Auto Insurance Quotes for a 20 Year Old Female? (FAQ)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)