Insurance for Hyundai AccentLooking for low-cost Hyundai Accent insurance in Denver? High-priced auto insurance in Denver can drain your accounts and make it hard to pay other bills.

Sad but true, nearly 70% of drivers have stayed with the same insurance company for at least the last four years, and almost 40% of drivers have never shopped around. Denver drivers can save hundreds of dollars each year by just comparing rate quotes, but they just don't want to compare rate quotes.

Companies like Allstate and Progressive persitently shower you with ads and it is difficult to avoid their marketing magic and take the time to shop coverage around.

Consumers need to do rate comparisons yearly due to the fact that insurance rates fluctuate regularly. Just because you found the best premium rates on Hyundai Accent insurance in Denver last year the chances are good that you can find a lower price today. You'll find quite a bit of inaccurate information about Accent insurance online, but in a few minutes you can learn some of the best ways to slash your auto insurance rates in Denver.

If you have car insurance now, you will definitely be able to save money using the techniques presented in this article. Buying the cheapest car insurance in Denver is really quite simple as long as you have a good starting point. Nevertheless, Colorado vehicle owners need to learn how big insurance companies sell insurance online and use it to your advantage.

How to shop Hyundai Accent insurance online

It's important to know that obtaining a wide range of quotes increases your odds of finding a better price.

The providers in the list below have been selected to offer free quotes in Denver, CO. If multiple companies are shown, it's a good idea that you click on several of them to get the lowest price.

Hyundai Accent Insurance Estimates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $172 $372 $280 $16 $84 $924 $77
Accent GS 2-Dr Hatchback $262 $562 $404 $24 $120 $1,372 $114
Accent GLS 4-Dr Sedan $292 $792 $536 $32 $160 $1,812 $151
Accent SE 2-Dr Hatchback $200 $460 $308 $18 $92 $1,078 $90
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Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium amounts do not factor in specific Denver garaging location which can revise prices significantly.

Cost comparison with and without full coverage

The diagram below illustrates the difference between Hyundai Accent auto insurance costs with and without physical damage coverage. The rate quotes are based on no violations or accidents, $100 deductibles, married female driver, and no other discounts are factored in.

When to buy liability coverage only

There is no definitive guideline to exclude comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is about 10% or more of the vehicle's replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let's pretend your Hyundai Accent replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after the deductible is paid. If you are paying over $700 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.

There are a few situations where dropping physical damage coverage is not a good plan. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Choosing deductibles

One of the hardest decisions when shopping for auto insurance is which comprehensive and collision deductibles to buy. The data tables below may help to illustrate the rate difference when you choose different physical damage deductibles. The first data table uses a $100 deductible and the second price table uses a $500 deductible.

Hyundai Accent insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $224 $448 $298 $18 $90 $1,103 $92
Accent GS 2-Dr Hatchback $264 $546 $298 $18 $90 $1,241 $103
Accent GLS 4-Dr Sedan $264 $644 $396 $24 $118 $1,471 $123
Accent SE 2-Dr Hatchback $302 $740 $298 $18 $90 $1,473 $123
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Hyundai Accent insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $164 $304 $298 $18 $90 $874 $73
Accent GS 2-Dr Hatchback $192 $368 $298 $18 $90 $966 $81
Accent GLS 4-Dr Sedan $192 $434 $396 $24 $118 $1,164 $97
Accent SE 2-Dr Hatchback $220 $500 $298 $18 $90 $1,126 $94
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Premium 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, multi-policy, multi-vehicle, and claim-free. Prices do not factor in vehicle garaging location which can raise or lower premiums significantly.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $24 more each month or $288 for a full year than requesting the higher $500 deductible. Because you would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 17 months between claim filings, you would probably save some money if you decide on a higher deductible.

How to calculate when to raise deductibles

Average monthly premium for $100 deductibles: $110
Average monthly premium for $500 deductibles (subtract): - $86
Monthly savings from raising deductible: $24
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $24
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One thing to note is that raising deductibles to get cheaper rates means you pay more out-of-pocket when you have a comprehensive or collision claim. It will be required that you have enough savings in order to pay the higher deductible in order to repair your vehicle.

Hyundai Accent insurance premiums by gender and age

The information below visualizes the comparison of Hyundai Accent car insurance rates for male and female drivers. The prices are based on no accidents or driving violations, full coverage, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.

Here's why auto insurance is not optional

Even though it's not necessarily cheap to insure a Hyundai in Denver, insuring your vehicle is not optional due to several reasons.

The benefits of carrying enough insurance definitely exceed the price paid, especially when you need to use it. An average driver in America is currently overpaying as much as $869 every year so compare quotes from several companies each time the policy renews to make sure the price is not too high.

Informed Consumers Save on Insurance

One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that help calculate your policy premiums. If you understand what determines base rates, this empowers consumers to make smart changes that could result in lower premium levels.

Lower physical damage deductibles cost more - Coverage for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your Hyundai. Some examples of covered claims are running into the backend of another car, flood damage, and rolling your vehicle. The deductibles you choose define the amount you are willing to pay if you file a covered claim. The more you have to pay, the better rate you will receive.

How much liability - The liability section of your policy provides coverage in the event that you are found liable for causing damage or personal injury in an accident. It will provide for a legal defense up to the limits shown on your policy. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so buy as much as you can afford.

Credit history impact insurance premiums - A driver's credit history will be a significant factor in determining your rates. If your credit is not that good, you could potentially save money when insuring your Hyundai Accent by spending a little time repairing your credit. Drivers who have good credit tend to be better risks to insure than those with lower credit scores.

Impacts performance impacts auto insurance prices - The make and model of the car or truck you are buying insurance for makes a substantial difference in determining your rates. Since the Hyundai Accent is classified as a passenger car, rates will be similar in price or lower than the average rate where you live in Denver. Economy passenger models usually have the lowest premiums, but many other things help determine your insurance rates.

Avoid tickets and save - Having just one driving citation can bump up the cost forty percent or more. Careful drivers tend to pay less for car insurance as compared to those with violations. Drivers with dangerous violations such as DUI or willful reckless driving are required to prove financial responsibility with their state in order to continue driving.

Do you really need roadside assistance? - There are a ton of optional add-on coverages that may not really be needed but may not be useful. Coverages like coverage for rental cars, towing, and motor club memberships are some examples. They may seem good when deciding what coverages you need, but if they're wasting money get rid of them and save.

Teenage vs. mature drivers - Older drivers are more responsible, file fewer claims, and receive fewer citations.Young drivers have a tendency to be less responsible behind the wheel so they pay higher insurance rates.

Being married is a bonus - Your spouse may cut your premiums when buying insurance. Having a spouse may mean you are more responsible and insurance companies like that married drivers tend to file fewer claims.

Loss statistics for a Hyundai Accent - Companies include the past claim trends for vehicles to calculate a rate that will offset losses. Models that are shown to have higher loss trends will have higher premium rates.

The information below illustrates the collected loss data for Hyundai Accent vehicles. For each policy coverage type, the claim probability for all vehicles averaged together is represented as 100. Values that are below 100 indicate better than average losses, while numbers that are greater than 100 indicate more frequent claims or an increased likelihood of larger losses.

Hyundai Accent Insurance Claim Statistics

Specific Hyundai Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Hyundai Accent 98 109 89 129 129 133

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

These discounts can lower Hyundai Accent insurance rates

Insurance can cost an arm and a leg, but you can get discounts to reduce the price significantly. Many of these discounts will be applied automatically when you purchase, but once in a while a discount must be manually applied before you get the savings. If you're not getting every credit you qualify for, you may be paying too high a price.Insurance discounts

A quick disclaimer, some credits don't apply to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, insurance companies wouldn't stay in business.

To view insurance companies that offer many of these discounts in Colorado, click here.

Tailor your insurance coverage to you

When it comes to adequate coverage, there really is no cookie cutter policy. Each situation is unique so this has to be addressed.Drive safe and save For example, these questions could help you determine if you would benefit from an agent's advice.

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. If you don't have a local agent, fill out this quick form or click here for a list of insurance companies in your area.

Compare prices but buy from a local neighborhood Denver car insurance agent

Certain consumers just want to sit down with an agent and that can be a great decision One of the great benefits of getting online price quotes is the fact that you can find lower rates and still have a local agent.

Denver insurance agentsFor easy comparison, once you complete this simple form, your insurance data is transmitted to participating agents in Denver who will return price quotes for your auto insurance coverage. You won't even need to visit any agencies because prices are sent to you directly. You can find better rates AND a local agent. In the event you want to compare rates for a specific company, feel free to visit that company's website and complete a quote there.

Picking an insurance company needs to be determined by more than just a low price. Any agent in Denver should have no problem answering these questions:

If you want a local Denver insurance agency, it's important to understand the different types of agents and how they work. Auto insurance agents in Denver are categorized either exclusive agents or independent agents.

Exclusive Auto Insurance Agencies

Exclusive agents can usually just insure with one company and examples are Farmers Insurance, State Farm, or Allstate. These agents are unable to place coverage with different providers so you might not find the best rates. They are usually well trained on the products they sell which helps them sell insurance even at higher premiums.

Listed below are exclusive insurance agencies in Denver that are able to give rate quotes.

1100 S Shoshone St - Denver, CO 80223 - (303) 922-1001 - View Map

2855 Speer Blvd Suite D - Denver, CO 80211 - (303) 333-0205 - View Map

3900 E Mexico Ave # 105 - Denver, CO 80210 - (303) 320-7859 - View Map

More insurance agents

Independent Auto Insurance Agents

Independent agencies often have affiliation with several companies so as a result can place your coverage through many different auto insurance companies and possibly get better coverage at lower prices. If you want to switch companies, an independent agent can move your coverage and you can keep the same agent. When shopping rates, you need to get rate quotes from several independent insurance agents for the best price selection.

The following is a short list of independent agencies in Denver willing to provide price quote information.

7900 E Union Ave #200 - Denver, CO 80237 - (303) 752-5806 - View Map

179 S Colorado Blvd - Denver, CO 80246 - (303) 321-9300 - View Map

Westwood Insurance
57 W Alameda Ave - Denver, CO 80223 - (303) 722-2841 - View Map

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Find cheaper rates by being thorough

Some insurance companies do not provide rates over the internet and these regional carriers prefer to sell through independent agents. Budget-conscious Hyundai Accent insurance is possible both online and from local insurance agents, so compare prices from both in order to have the best price selection to choose from.

As you go through the steps to switch your coverage, it's not a good idea to buy poor coverage just to save money. There are a lot of situations where someone sacrificed collision coverage and discovered at claim time they didn't purchase enough coverage. The aim is to purchase plenty of coverage at an affordable rate, but don't skip important coverages to save money.

We've covered some good ideas how you can compare Hyundai Accent insurance rates in Denver. The key concept to understand is the more you quote Denver car insurance, the higher the chance of saving money. You may even discover the lowest priced auto insurance comes from a small local company. They often have lower car insurance rates on specific markets compared to the large companies like GEICO and State Farm.

Additional detailed information can be read by following these links: