How Much Does 2022 Hyundai Accent Insurance Cost in 2024?

Looking for lower auto insurance rates for your Hyundai Accent? Wish you could get out of an underperforming, overpriced auto insurance policy? You’re in good company because many consumers are feeling buyer’s remorse and feel like there’s no way out. Multiple insurers compete for your insurance dollar, and it can be difficult to compare rates to get the best price available.

Smart consumers take time to get comparison quotes yearly due to the fact that insurance rates go up and down regularly. Even if you think you had the best premium rates for Accent insurance a couple years back you may be paying too much now. Forget all the misinformation about auto insurance because we’re going to show you one of the quickest ways to find lower rates on auto insurance.

If you have a policy now or need a new policy, you can follow these tips to find better prices while maximizing coverage. Finding affordable coverage is quite easy. Drivers just need to learn the best way to compare price quotes over the internet.

Compare auto insurance price quotes online

Most larger insurance companies such as State Farm and Allstate give prices online. Getting prices online is quite easy as you just type in your coverage preferences into the form. After the form is submitted, their rating system automatically orders your driving and credit reports and returns pricing information based on many factors. Quoting online makes it a lot easier to compare rates but having to visit several different sites and complete many quote forms can get tiresome after awhile. But it’s also necessary to compare as many rates as possible if you are searching for the lowest auto insurance rates.

A better way to get multiple rate quotes is to use a quote form to return rates from several companies at one time. The form is fast, helps eliminate repetitive entry, and makes comparison shopping much more efficient. After sending your information, your coverage is rated and you can choose any one of the quote results.

If you find a better price it’s easy to complete the application and buy the new coverage. The whole process takes 15 minutes at the most and could lower your rates considerably.

To compare pricing, simply enter your zip code here and fill out the form. To compare your current rates, we recommend you input the coverages just like they are on your policy. This makes sure you will receive comparison quotes based on identical coverages.

Verify you’re applying every discount

Some insurance providers don’t always publicize every discount they offer in an easy-to-find place, so the below list has a few of the more well known and the more hidden credits that may apply to you.

• Defensive Driver – Completing a defensive driver course could cut 5% off your bill if your company offers it.
• Telematics Devices – People who choose to allow driving data submission to scrutinize where and when they drive by using a telematic data system such as State Farm’s In-Drive might see lower rates if their driving habits are good.
• Renewal Discounts – A few insurance companies offer discounts for switching companies before your current policy expires. It can save you around 10%.
• Discount for New Cars – Insuring a vehicle that is new is cheaper since new model year vehicles have better safety ratings.
• Online Discount – Some insurance coverage companies will discount your bill up to fifty bucks just for signing your application on your computer.
• Discount for Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems can get savings of 20% or more.
• Anti-theft System – Anti-theft and alarm system equipped vehicles can help prevent theft and will qualify for a discount on a auto insurance quote.
• Military Discounts – Being on active deployment in the military could qualify you for better insurance coverage rates.
• Anti-lock Brakes – Cars that have anti-lock braking systems can avoid accidents and earn discounts up to 10%.

Discounts save money, but please remember that most of the big mark downs will not be given to the entire policy premium. Some only reduce individual premiums such as comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.

Auto insurance companies that have these benefits possibly include:

• GEICO
• Auto-Owners Insurance
• American Family
• Esurance
• Progressive
• State Farm
• AAA

Before buying, ask each company or agent how you can save money. Savings may not apply to policyholders everywhere.

You can change your insurance prices

Many things are considered when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, although others are more transparent like your continuous coverage or your commute time.

• Pay more of a claim out-of-pocket – Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Hyundai. Some coverage claims are a dented fender, collision with an animal, and rolling your vehicle. The deductibles you choose are how much you are willing to pay out-of-pocket if you file a covered claim. The more damage repair cost the insured has to pay upfront, the less your insurance coverage will be for Accent insurance.
• Credit history impacts premium premiums – Your credit score factor in determining premium rates. Therefore, if your credit can use some improvement, you could potentially save money when insuring your 2022 Hyundai Accent by taking the time to improve your credit score. Drivers who have very high credit ratings tend to file fewer claims and have better driving records as compared to drivers with bad credit.
• Your gender affects rates – Statistics show women tend to be less risk to insure than men. However, this does not mean men are WORSE drivers than women. Both sexes get in at-fault accidents at about the same rate, but the males tend to have higher claims. Men also statistically get ticketed for serious violations like driving under the influence (DUI).
• When should you not file a insurance claims? – Insurance companies generally give the lowest premiums to insureds who do not rely on their insurance for small claims. If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Auto insurance is designed for larger claims.
• Don’t skimp on liability coverage – Liability insurance will provide protection in the event that you are found liable for causing personal injury or damage in an accident. Liability provides for a legal defense which can cost a lot. Liability insurance is quite affordable compared to other policy coverages, so buy as much as you can afford.
• Your address can affect costs – Choosing to live in small towns and rural areas is a good thing when buying insurance coverage. Fewer drivers and short commutes translates into fewer accident claims. Residents of big cities tend to have more auto accidents and higher rates of accident claims. More time commuting means a statistically higher chance of an accident.

When should I discuss my situation with an agent?

When it comes to choosing proper insurance coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different and your policy should reflect that. These are some specific questions might point out whether or not you will benefit from professional help.

• When should I not file a claim?
• Can I get a multi-policy discount?
• Is my business laptop covered if it gets stolen from my vehicle?
• How can I get high-risk coverage after a DUI?
• Is my teenager covered with friends in the car?
• Do all my vehicles need collision coverage?
• Does my policy cover my teen driver if they drive my company car?
• Do I have coverage when pulling a U-Haul trailer?
• Do I really need UM/UIM coverage?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and enter your zip code. It is quick, free and may give you better protection.

The largest companies are not always cheapest

Consumers can’t avoid all the ads for the lowest price insurance coverage from the likes of State Farm and Allstate. They all seem to advertise claims about saving some big amount just by moving your coverage.

How does every insurance coverage company lower your prices? Here is how they do it.

Many companies have an ideal profile for the type of driver that will not have excessive claims. For example, this type of risk profile might have to be over age 30, has a clean driving record, and has a short commute. Any new insured that fits those parameters will probably get cheap prices and as a result will probably save some money.

Insureds who may not quite match these stringent criteria will probably be forced to pay higher premiums which results in business going elsewhere. If you pay close attention to the ads, they say “drivers that switch” not “all people who quote” can get the lowest rates when switching. That’s why insurance companies can advertise the way they do.

This really drives home the point why you should compare price quotes frequently. It’s impossible to know which company will have better premium rates than you’re paying now.

Car insurance 101

Understanding the coverages of a insurance policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages available from insurance companies.

Auto liability

Liability coverage protects you from injuries or damage you cause to other people or property. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things such as pain and suffering, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive auto coverage

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a broken windshield, hail damage, a tree branch falling on your vehicle, rock chips in glass and falling objects. The maximum payout your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

This covers damage to your Accent caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as rolling your car, colliding with another moving vehicle, driving through your garage door and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as X-ray expenses, prosthetic devices, hospital visits and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Money doesn’t grow on trees

In this article, we covered a lot of ways to get a better price on 2022 Hyundai Accent insurance. The most important thing to understand is the more quotes you get, the higher the chance of saving money. Consumers may even find the best price on insurance coverage is with a small local company. They can often insure niche markets at a lower cost than the large multi-state companies such as State Farm or Progressive.

Budget-friendly insurance coverage can be sourced online and also from your neighborhood agents, so you need to quote auto insurance with both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get quotes online and most of the time these smaller companies prefer to sell through independent agents.