Are you tired of trying to find low-cost Hyundai Elantra insurance in Denver? Comparison shopping for cheap Hyundai Elantra insurance in Denver could be kind of frustrating for drivers who are new to online rate comparisons. There are so many agents and companies to choose from that it can turn into a difficult situation to find a cheaper company.
Shockingly, the majority of drivers have remained with the same insurance company for four years or more, and just short of a majority have never compared quotes from other companies. American drivers can save hundreds of dollars each year, but they don't invest the time required to find lower-cost insurance rates.
It's important to compare rates occasionally since insurance rates change regularly. Even if you think you had the best premium rates on Hyundai Elantra insurance in Denver a year ago you will most likely find a better price today. Forget anything you know (or think you know) about insurance because you're about to learn how to use online quotes to get good coverage on Hyundai Elantra insurance in Denver at a lower rate.
The quickest method we recommend to compare policy rates for Hyundai Elantra insurance in Denver is to know the fact almost all companies have advanced systems to provide you with free rate quotes. All consumers are required to do is provide details such as how much you drive, whether you have decent credit, how old drivers are, and your occupation. Your rating data gets transmitted to multiple different insurance companies and you will get price comparisons instantly.
To get price quotes for your Hyundai Elantra now, click here and enter your zip code.
The companies in the list below have been selected to offer comparison quotes in Colorado. If the list has multiple companies, it's a good idea that you visit as many as you can to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$146||$236||$298||$18||$90||$788||$66|
|Elantra Blue 4-Dr Sedan||$166||$448||$396||$24||$118||$1,152||$96|
|Elantra GLS 4-Dr Sedan||$186||$416||$474||$28||$142||$1,246||$104|
|Elantra SE 4-Dr Sedan||$260||$630||$368||$22||$110||$1,390||$116|
|Elantra SE Touring Station Wagon||$170||$306||$280||$16||$84||$856||$71|
|Get Your Own Custom Quote Go|
Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rate quotes do not factor in specific zip code location which can modify insurance rates significantly.
Bad driving habits will cost you more
The chart below highlights how traffic violations and at-fault collisions can influence Hyundai Elantra insurance costs for different categories of driver ages. The premiums assume a married male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
Here's why insurance is not optional
Despite the high cost, insurance may be required and benefits you in several ways.
- Almost all states have minimum liability requirements which means you are required to buy a minimum amount of liability insurance in order to license the vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Elantra has a lienholder, almost all lenders will require you to buy full coverage to ensure loan repayment if the vehicle is totalled. If coverage lapses or is cancelled, the lender will be forced to insure your Hyundai at a significantly higher premium and require you to pay for the much more expensive policy.
- Insurance protects both your Hyundai and your personal assets. It will also pay for medical bills that are the result of an accident. Liability coverage will also pay attorney fees if you are sued as the result of your driving. If your Hyundai gets damaged, collision and comprehensive coverages will pay to repair the damage.
The benefits of carrying adequate insurance are definitely more than the cost, especially when you need to use it. According to a recent study, the average American driver is overpaying more than $700 annually so you should quote and compare rates at least once a year to help ensure money is not being wasted.
Lower rate quotes by taking advantage of these ten discounts
Car insurance is expensive, but you may find discounts that you may not know about. Most are applied when you purchase, but a few must be requested specifically prior to getting the savings.
- Telematics Devices - Drivers that enable driving data collection to spy on their driving habits by using a telematics device in their vehicle like In-Drive from State Farm and Progressive's Snapshot could possibly reduce rates if their driving habits are good.
- Policy Bundle Discount - When you have multiple policies and insure them with the same company you could get a discount of at least 10 to 15 percent or more.
- Senior Discount - Seniors may receive a small decrease in premiums.
- Discounts for New Vehicles - Insuring a vehicle that is new can save you some money due to better safety requirements for newer models.
- First Accident Forgiveness - Not really a discount, but a handful of insurance companies will let one accident slide without raising rates as long as you don't have any claims prior to being involved in the accident.
- More Vehicles More Savings - Having multiple cars or trucks on one policy can reduce rates for all insured vehicles.
- Anti-lock Brake Discount - Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
- Life Insurance - Select insurance companies reward you with a small discount if you purchase life insurance.
- Service Members Pay Less - Having a deployed family member could qualify you for better rates.
- Discounts for Government Workers - Having worked for a branch of the government may reduce rates when you quote Denver car insurance with some car insurance companies.
It's important to understand that most of the big mark downs will not be given to the entire cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though the math looks like having all the discounts means you get insurance for free, car insurance companies aren't that generous.
Larger car insurance companies and their offered discounts include:
- State Farm discounts include good driver, passive restraint, defensive driving training, Steer Clear safe driver discount, and multiple autos.
- Progressive has discounts for online quote discount, multi-vehicle, homeowner, good student, continuous coverage, and multi-policy.
- Travelers may have discounts that include continuous insurance, student away at school, hybrid/electric vehicle, IntelliDrive, and save driver.
- American Family offers premium reductions for Steer into Savings, accident-free, air bags, mySafetyValet, good student, multi-vehicle, and good driver.
- Liberty Mutual offers discounts including newly married, teen driver discount, new graduate, multi-car, exclusive group savings, and new move discount.
If you need lower rates, check with each company or agent what discounts are available to you. Some of the discounts discussed earlier might not be offered on policies in Denver. To see a list of car insurance companies that provide some of the discounts listed above in Denver, click this link.
Exclusive or independent insurance agencies
Many drivers prefer to get advice from a local agent and doing that can be a smart decision One of the benefits of getting online price quotes is you can get the lowest rates but still work with a licensed agent.
Upon completion of this short form, your insurance coverage information is submitted to insurance agents in Denver who will gladly provide quotes for your business. It makes it easy because there is no need to search for an agent because prices are sent directly to your email. You can find better rates and an insurance agent to talk to. If you wish to get a comparison quote from a particular provider, feel free to go to their quote page and complete a quote there.
Choosing an insurer requires more thought than just a cheap quote. Here are some questions to ask:
- Do they review policy coverages at every renewal?
- What discounts might you be missing?
- Do they get paid more for recommending certain coverages?
- Do they see any coverage gaps in your plan?
- What insurance companies do they work with in Denver?
- Can glass claims be handled at your home?
- Are they actively involved in the community?
Listed below are Denver car insurance companies that are able to give price quotes for Hyundai Elantra insurance in Denver.
- Mile High Insurance Agency
4704 Harlan St #360 - Denver, CO 80212 - (303) 237-5445 - View Map
- Farmers Insurance - Mike Schmisek
1100 S Shoshone St - Denver, CO 80223 - (303) 922-1001 - View Map
- Jack Sunahara - State Farm Insurance Agent
3525 S Tamarac Dr #160 - Denver, CO 80237 - (303) 779-4848 - View Map
- Allstate Insurance: Paul Novak
3900 E Mexico Ave # 105 - Denver, CO 80210 - (303) 320-7859 - View Map
Car insurance 101
Understanding the coverages of your insurance policy can be of help when determining which coverages you need for your vehicles. Insurance terms can be ambiguous and nobody wants to actually read their policy.
Collision insurance pays to fix your vehicle from damage resulting from a 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 can pay for claims such as sustaining damage from a pot hole, driving through your garage door, backing into a parked car, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible on your Elantra to bring the cost down.
This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things such as a tree branch falling on your vehicle, damage from getting keyed, hitting a deer, rock chips in glass and theft. The maximum 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 it's not worth carrying full coverage.
Auto liability insurance
This coverage provides protection from injuries or damage you cause to other people or property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/15 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $15,000.
Liability coverage pays for things like structural damage, medical expenses, repair bills for other people's vehicles and pain and suffering. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford. Colorado requires minimum liability limits of 25/50/15 but it's recommended drivers buy more liability than the minimum.
Uninsured/Underinsured Motorist coverage
This provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Hyundai Elantra.
Since a lot of drivers only carry the minimum required liability limits (25/50/15 in Colorado), their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP pay for expenses for things like rehabilitation expenses, EMT expenses and surgery. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Persistence pays off
Insureds change insurance companies for a number of reasons such as not issuing a premium refund, extreme rates for teen drivers, high prices and being labeled a high risk driver. Whatever your reason, finding a new auto insurance company is pretty easy and you might even save some money in the process.
Budget-friendly auto insurance in Denver can be bought from both online companies and also from your neighborhood Denver agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies may not have rates over the internet and these small insurance companies prefer to sell through independent insurance agents.
We just covered some good ideas how to get a better price on Hyundai Elantra insurance in Denver. The key concept to understand is the more companies you get prices for, the higher the chance of saving money. Consumers could even find that the lowest priced auto insurance comes from the least-expected company.
For more information, feel free to visit the articles below:
- What is Full Coverage? (Allstate)
- Who Has Affordable Car Insurance Quotes for a Dodge Ram in Colorado? (FAQ)
- Who Has Affordable Car Insurance Rates for Safe Drivers in Colorado? (FAQ)
- How Much are Auto Insurance Rates for Drivers Under 21 in Colorado? (FAQ)
- What is the Best Auto Insurance in Boulder, Colorado? (FAQ)
- What is the Best Car Insurance in Brighton, Colorado? (FAQ)
- Who Has Cheap Auto Insurance for Uber Drivers in Colorado? (FAQ)
- Who Has Cheap Car Insurance Rates for 19 Year Olds in Colorado? (FAQ)
- Who Has Cheap Auto Insurance for Lyft Drivers in Colorado? (FAQ)
- How to shop for a safer car (Insurance Institute for Highway Safety)
- Teen Driving Statistics (iihs.org)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- A Tree Fell on Your Car: Now What? (Allstate)