2013 Hyundai Santa Fe Car Insurance Cost in 2024 – 8 Ideas for Cheaper Prices

No one in their right mind gets a kick out of paying for insurance, especially when their premiums are through the roof. There are many auto insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, having more insurance companies makes it harder to compare company pricing.

Don’t overlook these eight car insurance discounts

Car insurance is not cheap, but there may be some discounts that you may not even know about. Certain discounts will be applied when you purchase, but some must be specially asked for prior to receiving the credit.

• Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in school or through a local driver safety program.
• Senior Citizen Discount – Older drivers can get lower premium rates on Santa Fe coverage.
• Multi-car Discount – Purchasing coverage when you have multiple vehicles on a single policy can reduce rates for all insured vehicles.
• Theft Prevention Discount – Vehicles equipped with tracking devices and advanced anti-theft systems are stolen with less frequency so companies will give you a small discount.
• ABS Brakes – Cars with ABS and/or traction control have fewer accidents so companies give up to a 10% discount.
• E-sign – A handful of car insurance companies will give a small break just for signing your application on the internet.
• Good Driver Discount – Safe drivers may receive a discount up to 45% on Santa Fe coverage than drivers with accident claims.
• Driver Training Discounts – Completing a course teaching defensive driving skills could cut 5% off your bill depending on where you live.

One last thing about discounts, most discount credits are not given to your bottom line cost. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck.

Larger car insurance companies and the discounts they provide are shown below.

• State Farm includes discounts for defensive driving training, accident-free, multiple policy, Steer Clear safe driver discount, driver’s education, and Drive Safe & Save.
• Liberty Mutual may include discounts for newly retired, preferred payment discount, exclusive group savings, hybrid vehicle, new graduate, multi-car, and new vehicle discount.
• American Family has discounts for early bird, bundled insurance, good driver, accident-free, defensive driver, good student, and Steer into Savings.
• Progressive discounts include online signing, online quote discount, good student, continuous coverage, multi-policy, and multi-vehicle.
• Farmers Insurance policyholders can earn discounts including early shopping, business and professional, electronic funds transfer, mature driver, and bundle discounts.
• Auto-Owners Insurance offers premium reductions for paid in full, safe vehicle, mature driver, air bags, group or association, teen driver, and anti-lock brakes.
• SAFECO offers discounts for teen safe driver, teen safety rewards, homeowner, drive less, accident prevention training, bundle discounts, and safe driver.

When getting a coverage quote, ask each company or agent which discounts they offer. Savings may not be offered in your area. For a list of insurance companies who offer online car insurance quotes, enter your zip code here.

Slick advertising tricks that work

Consumers constantly see and hear ads that promise big savings by GEICO, State Farm and Progressive. All the ads make an identical promise about how much you will save if you just switch your coverage.

How does each company have lower policy pricing? It’s all in the wording.

All the different companies look for specific characteristics for the type of insured that will generate a profit. One example of a profitable risk profile could be a married female, carries high limits, and drives a lower-performance vehicle. Anybody that fits those parameters gets the lowest premium rates and will also save a lot if they switch.

Potential customers who are not a match for the requirements will see higher premiums which translates to the driver buying from a lower-cost company. If you pay attention, the ads say “people who switch” not “everybody who quotes” save that much money. This is how companies can truthfully make those statements. That is why you absolutely need to compare free car insurance quotes often. Because you never know the company that will have the lowest rates.

When to get professional advice

When buying the best car insurance coverage for your vehicles, there really is not a one size fits all plan. Everyone’s situation is a little different so your insurance needs to address that. These are some specific questions might point out if your situation would benefit from an agent’s advice.

• How many claims can I have before being cancelled?
• Where can I find DUI or SR-22 insurance?
• Am I missing any policy discounts?
• Do all my vehicles need collision coverage?
• Does coverage extend to a rental car in a foreign country?
• How do I buy GAP insurance?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an agent. To find an agent in your area, fill out your zip code. It’s fast, free and you can get the answers you need.

Specific coverage details

Having a good grasp of your car insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. These are the normal coverages found on the average car insurance policy.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like fire damage, hitting a deer, hitting a bird, falling objects and vandalism. The most your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability

Liability coverage can cover damage or injury you incur to people or other property. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged property.

Liability coverage protects against claims such as repair bills for other people’s vehicles, bail bonds, funeral expenses and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Collision insurance

Collision coverage covers damage to your Santa Fe from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like crashing into a building, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Medical expense coverage

Med pay and PIP coverage provide coverage for immediate expenses for doctor visits, funeral costs, dental work and X-ray expenses. They are utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Final considerations

In this article, we presented some good ideas how to save on 2013 Hyundai Santa Fe insurance. The most important thing to understand is the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may even discover the lowest priced auto insurance comes from a lesser-known regional company. Some small companies may only write in your state and offer lower car insurance rates compared to the large companies like State Farm and Allstate.

When getting car insurance quotes online, it’s a bad idea to reduce needed coverages to save money. There are a lot of situations where an accident victim reduced full coverage only to regret they didn’t purchase enough coverage. The goal is to purchase a proper amount of coverage at the best possible price but still have enough coverage for asset protection.