Best Hyundai Elantra Insurance in Aurora

The recommended way to find cheaper auto insurance rates is to compare quotes annually from insurance carriers in Aurora. Rate comparisons can be done by completing these steps.

First, try to learn a little about how insurance companies determine prices and the things you can change to prevent expensive coverage. Many rating factors that result in higher prices such as multiple speeding tickets and a not-so-good credit score can be improved by making minor changes in your lifestyle.

Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from many different companies.

Third, compare the new rate quotes to your current policy premium to determine if you can save on Elantra insurance. If you can save money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

Fourth, give notification to your current company of your intention to cancel your existing policy. Submit a down payment along with a completed application to the new company. Immediately upon receiving it, place your new proof of insurance paperwork in your glove compartment.

One thing to point out is to use similar limits and deductibles on every quote and to quote with as many different companies as possible. This enables an apples-to-apples comparison and many rates to choose from.

Regrettably, most car insurance policyholders in Colorado kept their coverage with the same car insurance company for a minimum of four years, and approximately 40% of consumers have never compared rates to find lower-cost insurance. Most drivers in the United States could cut their rates by almost 46.5% a year just by getting comparison quotes, but they don’t invest the time required to compare rates and save money.

Low Cost companies for Hyundai Elantra insurance in Colorado

The companies in the list below can provide free quotes in Aurora, CO. To buy cheap car insurance in Aurora, CO, we recommend you click on several of them to get the best price comparison.

Detailed insurance information

The information below highlights different insurance policy prices for Hyundai Elantra models. Having a good grasp of how insurance premiums are figured can be of help when making informed coverage decisions.

Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Premium costs do not factor in Aurora location which can alter coverage rates substantially.

Deductible analysis

One of the hardest decisions when shopping for insurance is how high should the physical damage deductibles be. The data tables below may aid in understanding the premium difference between high and low deductibles. The first rate quote example uses a $250 deductible for comp and collision and the second rate table uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Rate information does not factor in specific Aurora garaging location which can revise price quotes considerably.

We can derive from the above data that using a $250 deductible costs about $14 more each month or $168 every year than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you go more than 18 months between claim filings, you would more than likely save some money if you decide on a higher deductible. The table below shows the way you can make this decision for your own policy.

The information below illustrates how your choice of deductibles and can affect Hyundai Elantra yearly insurance costs for different age groups of insureds. The price estimates are based on a married male driver, full coverage, and no additional discounts are factored in.

Hyundai Elantra insurance costs by gender and age

The information below visualizes the comparison of Hyundai Elantra auto insurance costs for male and female drivers. The price estimates are based on no claims or driving citations, comp and collision included, $100 deductibles, single status, and no additional discounts are factored in.

Does full coverage make sense?

The diagram below shows the difference between Hyundai Elantra yearly insurance costs with full physical damage coverage and with liability coverage only. The data is based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are applied.

Should you pay for full coverage?

There is no set guideline for dropping physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

For example, let’s pretend your Hyundai Elantra claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $3,000 after paying your policy deductible. If you are paying in excess of $300 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are some cases where dropping physical damage coverage is not advised. If you haven’t satisfied your loan, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not drop full coverage.

Get affordable Hyundai Elantra insurance in Aurora with discounts

Some providers don’t always publicize all available discounts in an easy-to-find place, so the list below details some of the best known as well as the least known insurance savings.

• Driver Education Discount – Cut your cost by having your teen driver enroll and complete driver’s education in high school.
• Discount for New Cars – Adding a new car to your policy is cheaper because newer models have to meet stringent safety requirements.
• Onboard Data Collection – Drivers that enable their insurance company to scrutinize driving patterns by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates as long as they are good drivers.
• 55 and Retired – Older drivers are able to get reduced rates.
• Claim Free – Insureds who avoid accidents and claims can earn big discounts compared to drivers with a long claim history.
• Theft Deterrent System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and therefore earn up to a 10% discount.
• Federal Government Employee – Having worked for a branch of the government may reduce rates when you quote Aurora auto insurance with certain companies.
• Early Switch Discount – Select insurance companies give a discount for signing up before your current coverage expires. It’s a savings of about 10%.

One thing to note about discounts is that some of the credits will not apply to the entire cost. A few only apply to the cost of specific coverages such as comp or med pay. Despite the fact that it seems like you can get free auto insurance, it’s just not the way it works.

The illustration below illustrates the comparison of Hyundai Elantra insurance premiums with and without discounts applied to the policy premium. The costs are based on a male driver, no accidents, no driving violations, Colorado state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, safe-driver, multi-policy, multi-car, and homeowner discounts applied.

To see a list of providers that offer some of these discounts in Colorado, click this link.

Shop online but buy locally

Some consumers still prefer to sit down and talk to an agent and there is nothing wrong with that. One of the great benefits of getting online price quotes is the fact that drivers can get the lowest rates and still choose a local agent. And supporting local insurance agencies is important particularly in Aurora.

To find an agent, once you fill out this quick form, the quote information is immediately sent to companies in Aurora that can provide free Aurora auto insurance quotes for your insurance coverage. You won’t need to visit any agencies due to the fact that quote results will go to your email. Get lower rates and a licensed agent to work with. If you wish to compare rates from a particular provider, you would need to jump over to their website and fill out the quote form the provide.

If you want to buy car insurance from a local agent, it can be helpful to understand the types of insurance agents and how they differ in how they can insure your vehicles. Car insurance agencies can be categorized as either independent (non-exclusive) or exclusive.

Independent Car Insurance Agents (or Brokers)

Independent insurance agents often have affiliation with several companies so as a result can place your coverage with an assortment of companies and potentially find a lower price. If they quote lower rates, your agent can switch companies and that require little work on your part.

When searching for an agent, you absolutely need to get some free quotes from several independent insurance agents to have the most options to choose from. They often place coverage with companies you’ve never heard of which could offer lower prices.

Listed below are Aurora independent insurance agents that can possibly get you rate quotes.

• Dickson Insurance Agency
  4093 S Olathe Ct – Aurora, CO 80013 – (303) 693-1936 – View Map
• A Complete Auto Insurance Agency
  543 Sable Blvd – Aurora, CO 80011 – (303) 650-0060 – View Map
• BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
  2222 S Fraser St Unit 4 – Aurora, CO 80014 – (303) 368-5839 – View Map

More insurance agents

Exclusive Agencies

Exclusive agents can only provide pricing for a single company such as American Family, State Farm, and Allstate. Exclusive agents are unable to provide prices from multiple companies so they have to upsell other benefits. Exclusive insurance agents are usually well trained on the products they sell which can be an advantage. Some consumers prefer to buy from the same agent for years mostly because of the brand instead of buying on price only.

The following are Aurora exclusive agencies who can help you get rate quotes.

• State Farm: Joel Kruschwitz
  9801 E Colfax Ave – Aurora, CO 80010 – (303) 344-1175 – View Map
• Rick Simmons – State Farm Insurance Agent
  14571 E Mississippi Ave – Aurora, CO 80012 – (303) 369-4100 – View Map
• Allstate Insurance: Bernard Demichelis
  15062 E Mississippi Ave – Aurora, CO 80012 – (303) 750-5555 – View Map

More insurance agents

Deciding on a insurance agency shouldn’t rely on just the bottom line cost. Below are some questions you should ask.

• Is the agency involved in supporting local community causes?
• Do they have any clout with companies to ensure a fair claim settlement?
• Does the agency provide any after hours assistance?
• Does the company have a solid financial rating?
• If you have an accident, will your rates go up?
• Can you choose the body shop in case repairs are needed?
• How many companies do they write for?
• Do they write coverage based solely on cost?

Insurance specifics

Understanding the coverages of your policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Uninsured and underinsured coverage – This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as damage to your Hyundai Elantra.

Since a lot of drivers only purchase the least amount of liability that is required (25/50/15 in Colorado), it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally these coverages are set the same as your liability limits.

Auto liability insurance – This coverage protects you from damage that occurs to other’s property or people by causing an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/15 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $15,000. Some companies may use a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for things like funeral expenses, pain and suffering, medical services and medical expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible. Colorado requires minimum liability limits of 25/50/15 but it’s recommended drivers buy better liability coverage.

The chart below shows why buying the state minimum limits may not provide you with enough coverage.

Collision coverage – This will pay to fix damage to your Elantra caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with a tree, sideswiping another vehicle and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible on your Elantra to get cheaper collision coverage.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for immediate expenses such as hospital visits, X-ray expenses, rehabilitation expenses, surgery and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive coverages – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like damage from flooding, hail damage, fire damage and a broken windshield. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Don’t give up on affordable rates

Cheaper Hyundai Elantra insurance in Aurora can be bought online in addition to local insurance agencies, and you need to price shop both so you have a total pricing picture. Some auto insurance companies may not provide price quotes online and these smaller providers sell through local independent agents.

While you’re price shopping online, it’s very important that you do not buy less coverage just to save a little money. There have been many situations where an accident victim reduced uninsured motorist or liability limits only to discover later they didn’t have enough coverage. Your strategy should be to find the BEST coverage at the best cost, but don’t skip important coverages to save money.

Consumers leave their current company for any number of reasons including lack of trust in their agent, denial of a claim, policy cancellation and even an unsatisfactory settlement offer. Whatever your reason, finding a new company is less work than it seems.

Additional articles

• Car Insurance FAQ (Trusted Choice)
• Who Has Cheap Car Insurance Rates for Drivers with Accidents in Aurora? (FAQ)
• How Much are Aurora Auto Insurance Quotes for High School Students? (FAQ)
• Vehicle Safety Ratings (iihs.org)
• Teen Driving Statistics (GEICO)