Do you want to learn to get the cheapest Hyundai Azera insurance in Riverside? Pricey insurance in Riverside can overdraw your savings account and force you to make sacrifices.
Everyone knows that insurance companies don’t want policyholders to compare prices from other companies. Insureds who shop around for better prices will most likely buy a different policy because there is a high probability of finding a more affordable policy. A study discovered that consumers who routinely shopped around saved as much as $850 each year compared to drivers who never shopped around for cheaper prices.
If finding the best rates on car insurance is your ultimate objective, then having a grasp of the best ways to shop for car insurance can help simplify the process. Big-name insurance companies like GEICO, 21st Century and Progressive all promote huge savings with ads and it is challenging if not impossible to not get sucked in by the cute commercials and effectively compare rates to find the best deal.
How Insurance Providers Determine Hyundai Azera Insurance Rates
The best way to find cheaper insurance is to take a look at a few of the rating criteria that come into play when calculating your insurance rates. If you have a feel for what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with much lower annual insurance costs. Multiple criteria are considered when you get a price on insurance. A few of the factors are predictable such as traffic violations, but some are more transparent such as your marital status or your vehicle rating.
Shown below are a few of the things companies use to determine your rates.
- The more you drive the more you pay – The more you drive in a year’s time the more you’ll pay to insure your vehicle. Most insurance companies calculate rates based on how the vehicle is used. Vehicles that do not get driven very much receive better premium rates than vehicles that are driven to work every day. Having an incorrect usage rating on your Azera is just wasting money. Double check that your insurance policy is showing how each vehicle is driven, because it can save money.
- Deter car thieves – Owning a car with a theft deterrent system can help bring down rates. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop your vehicle from being stolen.
- More policies can equal more savings – Most major companies will give lower prices for people that have more than one policy. It’s known as a multi-policy discount. Even with this discount applied, consumers should still get quotes from other companies to make sure you are getting the best deal.
- Know your vehicle’s NHTSA crash test rating – Vehicles with good safety scores cost less to insure. Highly rated vehicles reduce occupant injuries and lower injury rates means less money paid by your insurance company and thus lower rates.
- Liability coverage – The liability coverage on your policy will protect you if ever you are found to be at fault for causing damage or personal injury in an accident. Your liability coverage provides for a legal defense which can be incredibly expensive. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.
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How your age affects rates – More mature drivers are shown to be more cautious, tend to cause fewer accidents, and tend to be get fewer driving tickets. Inexperience drivers are statistically proven to be more careless when at the wheel of a vehicle therefore insurance rates are much higher.
The following chart uses these assumptions: single driver, full coverage with $500 deductibles, and no discounts or violations.
- How credit rating affects insurance prices – Credit score is a big factor in determining what you pay. If your credit score can use some improvement, you could pay less to insure your Hyundai Azera by improving your credit score. Drivers with very high credit ratings tend to be more responsible and file fewer claims as compared to drivers with bad credit.
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Hyundai Azera insurance loss statistics – Insurers use data from past claims when they file their rates in each state. Models that the data shows to have higher loss trends will have higher rates.
The next table illustrates the collected loss data for Hyundai Azera vehicles. For each coverage category, the loss probability for all vehicles, without regard to make or model, equals 100. Numbers shown that are under 100 suggest losses that are better than average, while percentage numbers above 100 point to more frequent losses or tendency to have higher losses.
Auto Insurance Loss Data for Hyundai Azera Models Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Azera 115 83 101 99 106 91 BETTERAVERAGEWORSEData Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Getting a low cost price on Hyundai Azera insurance is surprisingly easy. The only requirement is to spend a few minutes on the computer getting comparison quotes provided by online insurance companies.
It’s so fast and easy to compare quotes online that it makes it a waste of time to spend time driving to and from local Riverside insurance agencies. The fact that you can get quotes online has made agencies unnecessary unless you’re the type of person who wants the professional advice that only an agent can give. Drivers can comparison shop online and have a local agent actually service the policy.
The providers in the list below are our best choices to provide price comparisons in California. If multiple companies are listed, we recommend you compare several of them in order to get a fair rate comparison.
Hyundai Azera insurance charts and tables
The information shown below outlines detailed analysis of rate quotes for Hyundai Azera models. Learning how rate quotes are formulated is important for you to make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $238 | $536 | $500 | $30 | $150 | $1,454 | $121 |
| Azera Limited 4-Dr Sedan | $270 | $536 | $500 | $30 | $150 | $1,486 | $124 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Rate quotes do not factor in specific zip code location which can impact premiums greatly.
Policy deductibles
When comparing car insurance rates, the most common question is where should you set your physical damage deductibles. The following tables show how much more rates are between low and high physical damage coverage deductibles. The first set of rates uses a $250 deductible for comp and collision and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $342 | $678 | $442 | $26 | $132 | $1,645 | $137 |
| Azera Limited 4-Dr Sedan | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Azera Limited 4-Dr Sedan | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rate information does not factor in specific location which can increase or decrease premiums greatly.
We can derive from the above data that using a $250 deductible costs approximately $35 more each month or $420 each year than selecting the higher $1,000 deductible. Since you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 21 months between claim filings, you would probably be better off if you choose the higher deductible.
The diagram below shows how different deductible levels and can influence Hyundai Azera insurance prices for each age group. The costs are based on a single female driver, full physical damage coverage, and no discounts are factored in.
Safe drivers pay less for car insurance
The example below shows how violations and accident claims influence Hyundai Azera yearly insurance costs for different age groups. The premiums are based on a married male driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.
Full coverage rates compared to liability-only
The diagram below shows the comparison of Hyundai Azera insurance costs when comparing full coverage to state minimum liability only. The prices are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no policy discounts are applied.
When to drop comprehensive and collision
There is no exact formula to stop paying for physical damage coverage, but there is a general guideline. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Hyundai Azera replacement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after you pay the deductible. If you are paying in excess of $400 a year for your policy with full coverage, then you might consider buying liability only.
There are a few situations where removing full coverage is not recommended. If you still have a lienholder on your title, you must maintain physical damage coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Three main reasons to buy car insurance
Despite the high cost, maintaining insurance is not optional due to several reasons.
- Just about all states have compulsory liability insurance requirements which means you are required to carry a specific minimum amount of liability coverage in order to get the vehicle licensed. 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.
- If your Hyundai Azera has a lienholder, almost every bank will make it a condition of the loan that you carry insurance to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may have to buy a policy to insure your Hyundai at a more expensive rate and force you to pay for the much more expensive policy.
- Car insurance protects both your Hyundai and your assets. It will also pay for medical bills for you, any passengers, and anyone injured in an accident. Liability insurance will also pay attorney fees if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of having car insurance definitely exceed the price paid, particularly if you ever have a claim. But the average driver in California overpays as much as $855 a year so smart consumers compare quotes every year to save money.
Affordable rates on Hyundai Azera insurance in Riverside with these discounts
Auto insurance is not inexpensive, but you might be missing out on some discounts that could drop your premiums quite a bit. A few discounts will be applied when you quote, but a few must be manually applied before you will receive the discount. If you check and find you aren’t receiving every discount available, you’re just leaving money on the table.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of 25 to 30%.
- Professional Memberships – Being in a civic or occupational organization in Riverside may earn a discount on your next renewal.
- Senior Citizens – Older drivers may be able to get a discount up to 10%.
- Discount for Swiching Early – A few companies give discounts for signing up prior to your current Azera insurance policy expiration. It could save around 10% when you buy Riverside car insurance online.
- Own a Home – Simply owning a home may trigger a policy discount on auto insurance since home ownership shows financial diligence.
- Responsible Driver Discounts – Drivers without accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
- Buy New and Save – Buying a new car instead of a used Azera can save you some money due to better safety requirements for new vehicles.
- Onboard Data Collection – Riverside drivers who agree to allow companies to spy on when and where they use their vehicle by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if they are good drivers.
- Payment Method – By paying your entire bill at once rather than paying in monthly installments you can actually save on your bill.
- Discounts for Multiple Vehicles – Buying insurance for more than one vehicle on the same auto insurance policy qualifies for this discount.
A quick disclaimer, most discounts do not apply to the entire policy premium. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, you aren’t that lucky.
The chart below compares Hyundai Azera insurance premiums with and without discounts applied to the policy rates. The prices are based on a male driver, no accidents or driving violations, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, marriage, multi-policy, multi-car, and safe-driver discounts applied.
A list of companies and some of the premium reductions they offer are included below.
- GEICO may include discounts for membership and employees, daytime running lights, driver training, good student, multi-policy, multi-vehicle, and federal employee.
- Travelers includes discounts for early quote, good student, save driver, hybrid/electric vehicle, and driver training.
- Farm Bureau policyholders can earn discounts including multi-vehicle, renewal discount, 55 and retired, safe driver, youthful driver, and good student.
- Liberty Mutual has savings for hybrid vehicle, good student, multi-car, teen driver discount, and newly married.
- American Family may offer discounts for good student, good driver, early bird, bundled insurance, and mySafetyValet.
- Progressive may have discounts that include online quote discount, continuous coverage, online signing, multi-policy, multi-vehicle, and good student.
If you need lower rates, check with each company which discounts they offer. Some of the discounts discussed earlier may not apply to policyholders in Riverside.
Insurance agent or online?
A small number of people would prefer to get advice from a local agent and often times that is recommended Most agents can help you build your policy and help in the event of a claim. One of the great benefits of comparing rates online is the fact that drivers can get the lowest rates and still buy from a local agent.
For easy comparison, once you complete this quick form, the quote information is transmitted to local insurance agents in Riverside that can give you free Riverside car insurance quotes for your coverage. You won’t need to contact any agents because quoted prices will be sent instantly to you. If for some reason you want to compare rates from a specific insurance company, you can always go to their quote page and submit a quote form there.
Picking an insurer is decision based upon more than just the premium amount. Below are some questions you should ask.
- Does the agent help file claims?
- Will the company cover a rental car if your car is getting fixed?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Will high miles depreciate repair valuations?
- Is the agent and/or agency licensed to do business in California?
Do you need an independent or exclusive car insurance agent?
If you want a local agent, there are a couple of different types of agents and how they function. Insurance agencies are considered either exclusive or independent. Either type can write policy coverage, but it’s important to know the subtle differences since it could factor into the type of agent you choose.
Exclusive Insurance Agents
These agents work for only one company like State Farm, Allstate, and Farm Bureau. Exclusive agents are unable to compare other company’s rates so you need to shop around if the rates are high. Exclusive agencies are usually well trained on their company’s products which aids in selling service over price.
Listed below are exclusive agencies in Riverside who can help you get price quote information.
Adolfo Saldana – State Farm Insurance Agent
7344 Magnolia Ave #100 – Riverside, CA 92504 – (951) 637-3100 – View Map
Farmers Insurance: Ronald Alldis
6600 Jurupa Ave #202 – Riverside, CA 92504 – (951) 788-2005 – View Map
Allstate Insurance: Mike Ponce
1525 3rd St b – Riverside, CA 92507 – (951) 784-0951 – View Map
Independent Agents
Independent agencies often have many company appointments so as a result can place your coverage through many different insurance companies and get you the best rates possible. To transfer your coverage to a different company, an independent agent can move your coverage without you having to go to a different agency. When comparing rate quotes, you definitely need to compare quotes from several independent agencies to maximize your price options.
The following are independent agents in Riverside who can help you get rate quotes.
Jay Pogue Insurance- Riverside Ca
6200 Pegasus Dr #1 – Riverside, CA 92503 – (951) 785-8521 – View Map
Mercury Insurance Agent – Quotes
3410 La Sierra Ave – Riverside, CA 92503 – (951) 732-7770 – View Map
Olmedo Insurance Agency
10600 Magnolia Avenue, #B – Riverside, CA 92505 – (951) 689-0540 – View Map
Situations that may require an agent’s advice
When it comes to buying coverage online or from an agent for your personal vehicles, there is no single plan that fits everyone. Your situation is unique.
For instance, these questions might point out whether you could use an agent’s help.
- Do I need roadside assistance coverage?
- How do I buy GAP insurance?
- How much cheaper are high deductibles?
- Is extra glass coverage worth it?
- How high should deductibles be on a Hyundai Azera?
- Is my son or daughter covered when driving my car?
- What if I total my Hyundai Azera and owe more than it’s worth?
- Are all vehicle passengers covered by medical payments coverage?
- Does my car insurance cover rental cars?
- What can I do if my company won’t pay a claim?
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It is quick, free and can provide invaluable advice.
Cheaper car insurance premiums are out there
Some car insurance companies do not offer online rate quotes and most of the time these smaller companies work with local independent agents. Cheap Hyundai Azera insurance in Riverside can be sourced on the web and from local agencies, so you should compare both to have the best rate selection.
People change insurance companies for a number of reasons such as policy non-renewal, extreme rates for teen drivers, unfair underwriting practices or even poor customer service. Whatever your reason, choosing a new company is less work than it seems.
When you buy Riverside car insurance online, it’s not a good idea to reduce coverage to reduce premium. There have been many situations where someone dropped physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your focus should be to find the BEST coverage at the best price, but do not sacrifice coverage to save money.
How to buy lower priced Hyundai Azera insurance in Riverside
If you want to save money, the best way to get more affordable car insurance rates in Riverside is to compare quotes annually from insurance carriers who sell auto insurance in California. Prices can be compared by following these steps.
Step 1: It will benefit you to learn about how auto insurance works and the things you can control to prevent expensive coverage. Many rating factors that cause rate increases such as multiple speeding tickets and a negative credit history can be amended by being financially responsible and driving safely.
Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like Progressive or Farmers Insurance, while independent agencies can quote rates for a wide range of companies.
Step 3: Compare the new rate quotes to your existing policy to determine if switching companies saves money. If you can save some money and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
The most important part of this process is that you use similar deductibles and liability limits on each price quote and and to analyze as many auto insurance providers as possible. This provides an apples-to-apples comparison and plenty of rates choose from.
For more information, feel free to browse the resources below:
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- What Auto Insurance is Cheapest for a Jeep Grand Cherokee in Riverside? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Drivers with Good Credit in Riverside? (FAQ)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- Learn About Car Insurance (GEICO)