Cheapest 2014 Hyundai Elantra Insurance Rates in 2024

Tired of being strong-armed to buy car insurance? You are in the same boat as many other drivers. Companies like Progressive, State Farm and GEICO persistently shower you with ad campaigns and consumers find it hard to separate fact from fiction and find the best price available. Is Hyundai Elantra 2014 a good car? It’s a solid choice in its class with reasonable 2014 Hyundai Elantra insurance rates.

If you have insurance now or are shopping for new coverage, you can learn to cut your premiums and possibly find even better coverage. Finding the best rates is not that difficult. Vehicle owners only need to know the most effective way to shop over the internet.

Stop paying too much for your 2014 Hyundai Elantra insurance cost and starting comparing 2014 Hyundai Elantra insurance quotes to find the best 2014 Hyundai Elantra auto insurance rates. Use our FREE tool above to get started with just your zip code.

Finding Auto Insurance Deals

Finding lower auto insurance rates is not rocket science. Consumers just need to take the time to compare quotes provided by online insurance companies. This can be accomplished using a couple different methods.

1. One of the best ways to get quotes is a comparison rater form click here to open form in new window. This easy form prevents you from having to do a different quote for each company. One simple form will get you rate comparisons from multiple low-cost companies.
2. A slightly less efficient method to get comparison quotes requires a trip to the website for every company you want to compare and fill out their own quote form.
3. The hardest method to get comparison rates is driving to and from local insurance agencies. The ability to buy insurance online makes this process obsolete unless you want the professional advice of a licensed agent. Drivers can get the lowest quotes online and get advice from an agent in your area and you’ll learn how to do that later.

It’s up to you which method you use, but double check that you are using the exact same coverages and limits on every quote you get. If you use different deductibles you will not be able to make a fair comparison for your Hyundai Elantra.

Lots of discounts mean lots of savings

Companies offering auto insurance don’t always publicize every available discount very well, so the following is a list of some of the more common and also the lesser-known discounts you could be receiving. If you don’t get every credit possible, you’re paying more than you need to.

• Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for better insurance coverage rates on Elantra insurance.
• Seat Belt Usage – Drivers who require all occupants to buckle their seat belts can save up to 15% off your PIP or medical payments premium.
• Student in College – Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
• Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
• Drivers Education – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in high school.
• One Accident Forgiven – Certain companies will forgive one accident before your rates go up if you are claim-free for a particular time prior to the accident.
• Payment Method – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
• E-sign – Certain companies give back up to $50 simply for signing over the internet.
• Low Mileage – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
• Discount for Switching Early – A few companies offer discounts for signing up before your current expiration date. The savings is around 10%.

Consumers should know that many deductions do not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you could get a free insurance coverage policy, insurance coverage companies aren’t that generous.

Car insurance companies that may offer some of the above discounts include:

• State Farm
• Progressive
• MetLife
• Farm Bureau
• GEICO
• SAFECO

Before buying, ask all companies you are considering what discounts are available to you. All car insurance discounts might not apply in your state.

Impacting insurance rates for a Hyundai Elantra

Smart consumers have a good feel for the rating factors that play a part in calculating the rates you pay for insurance. Understanding what determines base rates empowers consumers to make smart changes that could result in lower insurance prices.

Shown below are some of the factors used by your company to calculate premiums.

• Clean credit earns discounts – Your credit rating is a large factor in determining your rates. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers with poor credit. So if your credit rating can use some improvement, you could pay less to insure your 2014 Hyundai Elantra by spending a little time repairing your credit.
• More than one policy can earn a discount – Some insurance companies will award you with lower prices to people who buy several policies from them in the form of a multi-policy discount. Even with this discount, it’s in your best interest to comparison shop to make sure you are getting the best deal.
• A lapse in coverage is a bad thing – Driving without insurance is illegal and as a result your rates will increase for letting your coverage lapse. Not only will you pay more, but not being able to provide proof of insurance might get you a steep fine or even jail time. You may have to prove you have insurance by filing a SR-22 with your state motor vehicle department.
• Safer cars cost less to insure – Vehicles with good safety scores tend to have better insurance rates. These vehicles have better occupant injury protection and fewer injuries translates into savings for insurance companies and lower rates for you. If your Hyundai Elantra has ratings of a minimum four stars on Safercar.gov it may be receiving lower rates.
• Frequent insurance claims increase rates – If you frequently file small claims, you can pretty much guarantee higher rates. Companies give lower rates to drivers who file claims infrequently. Insurance coverage is meant to be used in the event of the large, substantial claims.
• Add-on coverages can add up – There are a ton of extra bells and whistles you can purchase on your insurance policy. Insurance for roadside assistance, better glass coverage and membership fees may be wasting your money. They may seem like a good idea at first, but your needs may have changed so eliminate the coverages to reduce your premium.

Situations that might require an agent

When it comes to choosing adequate coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different so this has to be addressed. These are some specific questions may help you determine if you would benefit from professional advice.

• Am I covered when delivering products for my home-based business?
• Do I benefit by insuring my home with the same company?
• Who is covered by my policy?
• Do I need an umbrella policy?
• Can I drive in Mexico and have coverage?
• What are the financial responsibility laws in my state?
• Do I need PIP coverage since I have good health insurance?
• Why do I need rental car insurance?
• Can I afford low physical damage deductibles?
• Do I pay less if my vehicle is kept in my garage?

If you can’t answer these questions, then you may want to think about talking to an agent.

Advertising myths

Consumers get pounded daily by advertisements for cheaper car insurance by companies like Allstate and Progressive. All the companies make the same claim about savings if you switch to them.

How can each company make the same claim?

Different companies are able to cherry pick for the type of driver they prefer to insure. For instance, a preferred risk could possibly be a mature driver, is a homeowner, and has great credit. A prospective insured who meets those qualifications will get very good rates and as a result will probably save when they switch companies.

Potential customers who fall outside the “perfect” profile must pay a higher premium which leads to the customer not buying. The ads state “drivers who switch” not “everyone that quotes” save that much money. This is how insurance companies can confidently advertise the way they do. This illustrates why you absolutely need to get as many quotes as possible. It’s not possible to predict which insurance coverage company will provide you with the cheapest Hyundai Elantra insurance rates.

Car insurance coverages for a Hyundai Elantra

Understanding the coverages of your insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are the normal coverages found on most insurance policies.

Comprehensive coverage (or Other than Collision) – This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hitting a deer, hail damage, a tree branch falling on your vehicle, damage from flooding and damage from getting keyed. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability car insurance – Liability coverage provides protection from damage that occurs to people or other property. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like bail bonds, medical expenses, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Hyundai Elantra.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Collision – This coverage pays for damage to your Elantra resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like hitting a parking meter, damaging your car on a curb, colliding with a tree, sideswiping another vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as EMT expenses, surgery, chiropractic care, hospital visits and prosthetic devices. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers both the driver and occupants as well as being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Knowledge is power

As you shop your coverage around, you should never reduce coverage to reduce premium. In many cases, drivers have reduced full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The proper strategy is to buy enough coverage for the lowest price while still protecting your assets.

The cheapest 2014 Hyundai Elantra insurance is possible from both online companies as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers don’t offer online quoting and usually these smaller companies provide coverage only through local independent agents.

We covered a lot of information how to get a better price on insurance. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may be surprised to find that the best prices are with the smaller companies. These smaller insurers often have lower prices on specific markets than their larger competitors like Progressive or GEICO.

Are there any recalls on 2014 Hyundai Elantra?

According to Cars.com, “Hyundai Motor Company (Hyundai) is recalling certain 2013-2014 Elantra sedan, coupe and GT vehicles. The brake pedal stopper pad can deteriorate allowing the brake light switch plunger to remain extended when the brake pedal is released.”

Stop paying too much for your 2014 Hyundai Elantra insurance cost and starting comparing 2014 Hyundai Elantra insurance quotes to find the best 2014 Hyundai Elantra auto insurance rates. Use our FREE tool above to get started with just your zip code.