Best Rate Quotes for Hyundai Accent Insurance in Irvine

Are you overwhelmed by the wide range of auto insurance sources that you can choose from? There are so many sources to choose from that it can quickly become a difficult mission to find the perfect company for you. Lots of people think Irvine is an awesome place to live, but high auto insurance premiums can make it difficult for lots of drivers to maintain proper levels of coverage.

Insurance for Hyundai AccentSadly, the vast majority of consumers in California renewed their policy with the same company for four years or more, and approximately 40% of consumers have never shopped around. Many consumers in the United States could cut their rates by $859 a year by just shopping around, but they assume it’s a waste of time to find cheap auto insurance rates.

If you have a current auto insurance policy, you should be able to get lower rates using the techniques covered below. The goal of this article is to familiarize you with the best way to buy inexpensive auto insurance and also save some money in the process Although California consumers do need to understand the way companies calculate your auto insurance rates because it can help you find the best coverage.

Good Decisions Result in Lower Insurance Rates

Consumers need to have an understanding of the different types of things that help calculate the price you pay for auto insurance. If you have a feel for what positively or negatively impacts your premiums, this allows you to make good choices that can earn you cheaper rates.

The itemized list below are some of the most rate-impacting factors auto insurance companies consider when setting premiums.

To find the best auto insurance rates, there are several ways of comparing price quotes from local Irvine auto insurance companies. The simplest method to find competitive Hyundai Accent insurance rates is simply to get online rate quotes. It’s important to know that getting more free quotes increases your odds of finding more affordable rates. Some smaller insurers do not give price estimates online, so it’s necessary to compare rates on coverage from those companies, too.

The companies shown below are ready to provide free quotes in Irvine, CA. If multiple companies are listed, it’s highly recommended you click on several of them to get the best price comparison.

Hyundai Accent insurance coverage information

The rate information displayed next covers a range of policy rates for Hyundai Accent models. Having a better idea how policy premiums are calculated can aid in making smart choices when choosing a car insurance company.

Hyundai Accent Insurance Rates in Irvine, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $152 $292 $384 $22 $114 $964 $80
Accent GS 2-Dr Hatchback $178 $354 $384 $22 $114 $1,052 $88
Accent GLS 4-Dr Sedan $178 $418 $510 $30 $152 $1,288 $107
Accent SE 2-Dr Hatchback $204 $482 $384 $22 $114 $1,206 $101
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Above prices assume married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Table data does not factor in zip code location which can change premium rates greatly.

Policy deductibles

A question often asked by Irvine drivers is how high should the deductibles for physical damage be. The figures shown below can help illustrate the difference in cost between low and high deductibles. The first rate estimation uses a $100 deductible and the second price table uses a $500 deductible.

Hyundai Accent insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $282 $564 $376 $22 $112 $1,381 $115
Accent GS 2-Dr Hatchback $332 $686 $376 $22 $112 $1,553 $129
Accent GLS 4-Dr Sedan $332 $810 $500 $30 $150 $1,847 $154
Accent SE 2-Dr Hatchback $380 $932 $376 $22 $112 $1,847 $154
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Hyundai Accent insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $206 $382 $376 $22 $112 $1,098 $92
Accent GS 2-Dr Hatchback $242 $464 $376 $22 $112 $1,216 $101
Accent GLS 4-Dr Sedan $242 $546 $500 $30 $150 $1,468 $122
Accent SE 2-Dr Hatchback $278 $630 $376 $22 $112 $1,418 $118
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can increase or decrease prices noticeably.

We can derive from the above data that using a $100 deductible costs roughly $30 more each month or $360 annually across all Hyundai Accent models than quoting the higher $500 deductible. Since you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 13 months between claim filings, you would save money by selecting a higher deductible.

How to determine if higher deductibles are a good idea

Average monthly premium for $100 deductibles: $138
Average monthly premium for $500 deductibles (subtract): – $108
Monthly savings from raising deductible: $30
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

One thing to note is that higher deductibles results in a higher out-of-pocket expense when you file a claim. You must have some extra funds in the event you need to pay the deductible for vehicle repair.

Hyundai Accent full coverage rates compared to liability only

The diagram below compares Hyundai Accent annual premium costs with full physical damage coverage compared to only buying liability only. The information is based on no driving violations, no at-fault accidents, $500 deductibles, single status, and no discounts are applied.

When to drop comp and collision

There is no definitive guideline to delete comp and collision coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let’s say your Hyundai Accent replacement cost is $7,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $6,000 after you pay the deductible. If it’s costing in excess of $600 annually for full coverage, then it might be time to buy liability only.

There are some cases where only buying liability is not in your best interest. If you still owe a portion of the original loan, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

It may be expensive, but it’s not optional

Even though it can be expensive, buying insurance is not optional due to several reasons.

The benefits of buying enough insurance are without a doubt worth the cost, especially if you ever need it. According to a recent study, the average American driver overpays as much as $825 a year so you should quote and compare rates at every renewal to ensure rates are inline.

Car insurance policy discounts you can’t miss

Buying car insurance is not cheap, but you might find some hidden discounts to help offset the cost. Many discounts should be triggered when you get a quote, but some must be asked for before they will apply. If you do not check that you are getting every discount available, you are paying more than you should be.Discount car insurance

While discounts sound great, it’s important to understand that many deductions do not apply to your bottom line cost. The majority will only reduce specific coverage prices like medical payments or collision. Just because you may think adding up those discounts means a free policy, you won’t be that lucky.

The example below visualizes the comparison of Hyundai Accent yearly insurance costs with and without discounts applied to the policy premium. The premium estimates are based on a male driver, no violations or claims, California state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, claim-free, marriage, safe-driver, and homeowner discounts applied.

Auto insurance companies who may offer some of the discounts shown above are:

When quoting, ask each company or agent which discounts they offer. Depending on the company, some discounts might not be offered on policies in Irvine. To see companies who offer discounts in California, click this link.

Get rate quotes but still have a local Irvine insurance agent

Some people still prefer to buy from a licensed agent and that can be a great decision The best thing about getting free rate quotes online is that drivers can save money and get cheaper auto insurance rates and also buy local. And providing support for local insurance agencies is important especially in Irvine.

Insurance agents in IrvineBy using this form (opens in new window), your insurance coverage information is emailed to local insurance agents in Irvine who will give competitive quotes and help you find cheaper coverage. You won’t need to search for any insurance agencies as quotes are delivered to you instantly. You can most likely find cheaper rates without a big time investment. If you have a need to get a comparison quote for a specific company, feel free to find their quoting web page and submit a quote form there.

Choose an insurance agent wisely

If you are wanting to purchase car insurance from a local Irvine insurance agency, it helps to know the two different types of agencies and how they can service your needs differently. Irvine agents can be classified as either independent agents or exclusive agents.

Independent Agencies or Brokers

Agents in the independent channel do not work for one specific company so they can write business through many different car insurance companies and get you the best rates possible. If you are not satisfied with one company, they simply move the coverage in-house without you having to go to a different agency. If you are comparing rate quotes, we highly recommend that you include a couple of independent agencies to have the most options to choose from. Most can insure with less well-known companies that may have much lower rates than larger companies.

Listed below is a short list of independent insurance agents in Irvine that may be able to give free car insurance rate quotes.

More insurance agents

Exclusive Agents

Exclusive insurance agents can only place business with one company and examples are American Family, State Farm, and Allstate. Exclusive agencies are unable to provide other company’s prices so they are skilled at selling on more than just price. Exclusive insurance agents are usually well trained in insurance sales which helps them sell on service rather than price. Drivers often use the same exclusive agent mainly due to the brand legacy rather than low rates.

The following are exclusive agents in Irvine that can give you price quote information.

More insurance agents

Choosing the best auto insurance agent is decision based upon more than just the price. Here are some questions you should ask.

Cheaper auto insurance is a realistic goal

As you go through the steps to switch your coverage, make sure you don’t buy poor coverage just to save money. There are many occasions where someone dropped physical damage coverage only to find out they didn’t have enough coverage. Your focus should be to get the best coverage possible at a price you can afford but still have enough coverage for asset protection.

We just showed you quite a bit of information on how to compare Hyundai Accent insurance rates in Irvine. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the lowest rates come from some of the smallest insurance companies.

Consumers switch companies for a variety of reasons including delays in responding to claim requests, not issuing a premium refund, high rates after DUI convictions and even being labeled a high risk driver. Regardless of your reason, finding a new company is easier than you think.

How to find low-cost rates for Hyundai Accent insurance in Irvine

The most effective way to find cheaper Hyundai Accent insurance in Irvine is to annually compare prices from providers who sell insurance in California.

  1. Get a basic knowledge of how car insurance works and the measures you can control to drop your rates. Many risk factors that increase rates like getting speeding tickets and a bad credit rating can be controlled by making minor changes to your lifestyle.
  2. Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Allstate, while independent agencies can give you price quotes for a wide range of insurance providers.
  3. Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available in Irvine. If you can save some money and switch companies, make sure there is no coverage gap between policies.
  4. Provide adequate notice to your current company of your decision to cancel your existing policy. Submit payment and a completed application for the new coverage. Be sure to keep your new proof of insurance paperwork along with the vehicle’s registration papers.

The most important part of this process is that you use identical coverage information on each price quote and and to compare all possible companies. Doing this guarantees the most accurate price comparison and a better comparison of the market.

Additional auto insurance information is available at these links: