Save Money on Hyundai Elantra Insurance in Plano

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Discount Hyundai Elantra insuranceAre you at wits end from not being able to afford to keep your car insured? You're in the same situation as many other Texas consumers.

It's an obvious assumption that insurance companies want to keep your business as long as possible. People who do rate comparisons will presumably switch companies because they have a good chance of finding good coverage at a lower price. A recent survey discovered that drivers who regularly compared price quotes saved $860 a year compared to other drivers who don't regularly compare prices.

If finding the lowest price for car insurance in Plano is your ultimate target, then learning a little about how to get rate quotes and compare insurance premiums can help simplify the process.

How to save money on Hyundai Elantra insurance in Plano

The recommended way to get low-cost Hyundai Elantra insurance is to make a habit of regularly comparing prices from insurance carriers in Plano. Drivers can shop around by completing these steps.

First, take a few minutes and learn about the coverage provided by your policy and the factors you can control to keep rates in check. Many rating criteria that cause rate increases like inattentive driving and a not-so-good credit history can be eliminated by being financially responsible and driving safely. Keep reading for more ideas to prevent high rates and find overlooked discounts.

Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from a single company like GEICO or Allstate, while agents who are independent can provide prices from multiple insurance companies.

Third, compare the new rates to the price on your current policy to determine if switching companies saves money. If you can save some money and make a switch, verify that coverage does not lapse between policies.

Fourth, give notification to your agent or company of your intention to cancel your existing policy. Submit the signed application along with the required initial payment to the new company. When you receive it, place the new certificate of insurance in your glove compartment.

One important bit of advice is to make sure you enter identical coverage information on each quote and to quote with as many companies as you can. Doing this guarantees an accurate price comparison and plenty of rates choose from.

Companies like GEICO, Farmers Insurance and State Farm persitently shower you with TV and radio ads and consumers find it hard to ignore the propaganda and take the time to shop coverage around.

Best companies for Hyundai Elantra insurance

The companies in the list below provide free quotes in Texas. If you want to find cheap car insurance in TX, we recommend you compare several of them to get the lowest price.

Hyundai Elantra insurance rate analysis

The data table below showcases estimates of coverage prices for Hyundai Elantra models. Understanding more about how policy premiums are calculated can aid in making decisions when choosing a new policy provider.

Hyundai Elantra Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Elantra GLS Touring Station Wagon $252 $468 $392 $24 $118 $1,254 $105
Elantra Blue 4-Dr Sedan $252 $672 $462 $28 $138 $1,552 $129
Elantra GLS 4-Dr Sedan $288 $672 $462 $28 $138 $1,588 $132
Elantra SE 4-Dr Sedan $288 $672 $462 $28 $138 $1,588 $132
Elantra SE Touring Station Wagon $288 $570 $392 $24 $118 $1,392 $116
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Information does not factor in vehicle garaging location which can influence premiums considerably.

Where to set your deductibles

A question often asked by Plano drivers is where to set your physical damage deductibles. The figures shown below can help illustrate the price difference of buying low and high physical damage coverage deductibles. The first table uses a $100 physical damage coverage deductible and the second set of prices uses a $500 deductible.

Hyundai Elantra insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Elantra GLS Touring Station Wagon $286 $486 $324 $20 $96 $1,237 $103
Elantra Blue 4-Dr Sedan $286 $698 $382 $22 $114 $1,527 $127
Elantra GLS 4-Dr Sedan $328 $698 $382 $22 $114 $1,569 $131
Elantra SE 4-Dr Sedan $328 $698 $382 $22 $114 $1,569 $131
Elantra SE Touring Station Wagon $328 $592 $324 $20 $96 $1,385 $115
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Hyundai Elantra insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Elantra GLS Touring Station Wagon $208 $328 $324 $20 $96 $976 $81
Elantra Blue 4-Dr Sedan $208 $472 $382 $22 $114 $1,198 $100
Elantra GLS 4-Dr Sedan $240 $472 $382 $22 $114 $1,230 $103
Elantra SE 4-Dr Sedan $240 $472 $382 $22 $114 $1,230 $103
Elantra SE Touring Station Wagon $240 $400 $324 $20 $96 $1,080 $90
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Estimates do not factor in specific garaging location which can raise or lower insurance rates noticeably.

Based on the data above, we can derive that using a $100 deductible costs an average of $26 more each month or $312 annually across all Hyundai Elantra models than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you average at a minimum 15 months between claims, you would save money if you decide on a higher deductible.

Cheap Plano auto insurance rates with discounts

Car insurance companies don't necessarily list all discounts very well, so the following list contains both the well known and also the lesser-known savings tricks you should be using when you buy Plano car insurance online. If you aren't receiving every discount you qualify for, you're paying more than you need to.

  • Professional Organizations - Being a member of a civic or occupational organization in Plano may earn a discount on your next renewal.
  • Passive Restraints - Factory air bags or automatic seat belts could see savings of 20 to 30 percent.
  • Seat Belts Save - Drivers who require all vehicle occupants to fasten their seat belts could save 15% off PIP or medical payments premium.
  • Auto/Home Discount - When you combine your home and auto insurance with the same company you could earn a discount of over 10 percent off each policy depending on the company.
  • Lower Rates for Military - Being deployed in the military could be rewarded with lower auto insurance rates.

You can save money using discounts, but most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like collision or personal injury protection. Just because you may think it's possible to get free car insurance, you aren't that lucky.

The example below illustrates the comparison of Hyundai Elantra auto insurance costs with and without discounts. The premium estimates are based on a male driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, safe-driver, multi-car, and homeowner discounts applied.

Popular auto insurance companies and the discounts they provide are detailed below.

  • American Family policyholders can earn discounts including good driver, Steer into Savings, mySafetyValet, good student, multi-vehicle, and air bags.
  • State Farm may offer discounts for multiple policy, driver's education, defensive driving training, anti-theft, good student, Drive Safe & Save, and Steer Clear safe driver discount.
  • 21st Century discounts include defensive driver, anti-lock brakes, good student, air bags, early bird, student driver, and automatic seat belts.
  • Travelers offers discounts for continuous insurance, driver training, save driver, multi-policy, and student away at school.
  • GEICO offers premium reductions for air bags, five-year accident-free, emergency military deployment, multi-vehicle, anti-lock brakes, and federal employee.

Check with all the companies which discounts you qualify for. Some discounts might not be available to policyholders everywhere. To see companies that offer discounts in Plano, click here.

What is the best insurance coverage?

When selecting insurance from an agent or online, there isn't really a "perfect" insurance plan. Each situation is unique.

These are some specific questions may help you determine whether you might need professional guidance.

  • If my car is totaled with they pay enough to replace it?
  • Should I put collision coverage on all my vehicles?
  • Is my ex-spouse still covered by my policy?
  • Is coverage enough to protect my assets?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What is the difference between personal and commercial auto insurance policies?
  • I have health insurance so do I need medical payments coverage?
  • When would I need additional glass coverage?

If you don't know the answers to these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form.

When to have guidance from a local insurance agent

Certain consumers still like to have an agent's advice and that is a personal choice. The best thing about comparing rate quotes online is the fact that you can find better rates and also buy local. Supporting local agencies is especially important in Plano.

Insurance agents in PlanoAfter filling out this form (opens in new window), your insurance coverage information is transmitted to participating agents in Plano who will return price quotes and help you find cheaper coverage. You won't even need to even leave your home since rate quotes are delivered directly to you. You can find the lowest rates without the usual hassles of price shopping. If you need to compare prices from one company in particular, you just need to search and find their rate quote page and complete a quote there.

If you're trying to find a reliable insurance agent, it can be helpful to understand the different types of agents that you can choose from. Auto insurance agents in Plano can be described as either exclusive or independent (non-exclusive).

Independent Auto Insurance Agencies or Brokers

Independent insurance agents can sell policies from many different companies and that allows them to write policies with many different companies and help determine which has the cheapest rates. If they find a cheaper price, your agent can switch companies and that require little work on your part. If you need lower rates, you need to get rate quotes from independent agents to have the best price comparison.

Featured below is a list of independent insurance agents in Plano who may be able to give you price quote information.

Choice Insurance LLC
5045 Bridge Creek Dr - Plano, TX 75093 - (469) 467-6379 - View Map

6500 Pinecrest Dr - Plano, TX 75024 - (800) 486-5616 - View Map

6900 Alma Dr - Plano, TX 75023 - (469) 229-9080 - View Map

More Plano agents

Exclusive Agencies

Agents of this type normally can only provide a single company's rates and some examples include State Farm, Allstate, or Farmers Insurance. Exclusive agencies are unable to provide prices from multiple companies so you need to shop around if the rates are high. Exclusive agents are very knowledgeable on what they offer and that can be a competitive advantage.

Shown below is a short list of exclusive agents in Plano that are able to give price quotes.

1106 14th St - Plano, TX 75074 - (469) 814-0551 - View Map

801 E Plano Pkwy #206 - Plano, TX 75074 - (972) 244-6560 - View Map

7965 Custer Rd #122 - Plano, TX 75025 - (972) 517-9175 - View Map

More Plano agents

Finding a good auto insurance agent shouldn't rely on just the quoted price. You should also get answers to these questions.

  • What is their Better Business Bureau rating?
  • Will the agent help in case of a claim?
  • Which members of your family are coverage by the policy?
  • What company holds the largest book of business for them?
  • Does the agency provide any after hours assistance?
  • Which companies do they recommend if they are an independent agency?
  • How is replacement cost determined on your vehicle?
  • Are they giving you every discount you deserve?

Find cheap rates by being thorough

People change insurance companies for a number of reasons such as lack of trust in their agent, delays in paying claims, poor customer service or even high prices. Regardless of your reason, finding a great new company is easier than you think.

Budget-conscious Hyundai Elantra insurance is possible on the web as well as from insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies don't offer online quoting and many times these small insurance companies work with local independent agencies.

You just read quite a bit of information on how to lower your Hyundai Elantra insurance rates in Plano. The key thing to remember is the more rate quotes you have, the higher your chance of finding affordable Plano car insurance quotes. Drivers may even discover the lowest priced insurance comes from an unexpected company.

How to buy affordable Hyundai Elantra insurance in Plano

If you want to save money, the best way to get more affordable auto insurance rates is to start doing an annual price comparison from insurance carriers in Plano. You can compare rates by completing these steps.

  1. Try to understand auto insurance and the modifications you can make to keep rates low. Many rating criteria that cause rate increases like speeding and a not-so-good credit history can be eliminated by being financially responsible and driving safely.
  2. Compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give prices from one company like GEICO or Farmers Insurance, while independent agents can provide prices from multiple insurance companies.
  3. Compare the quotes to your existing coverage to see if you can save by switching companies. If you find a better price and decide to switch, make sure coverage does not lapse between policies.
  4. Give notification to your agent or company of your decision to cancel your current policy. Submit a down payment along with a completed application for your new policy. Once received, store the certificate of insurance with the vehicle registration.

A crucial key to this process is to try to compare the same liability limits and deductibles on each quote and and to get quotes from as many companies as you can. This enables an accurate price comparison and and a good selection of different prices.

Even more information is available by following these links: