Are you sick and tired of trying to scrape together enough money to buy auto insurance? You are in the same boat as many other vehicle owners in Colorado.
Remarkably, a study showed that most auto insurance customers kept buying from the same company for at least four years, and roughly 40% of drivers have never shopped around. The average driver in Colorado can save hundreds of dollars each year just by comparing rates, but they just feel it's too hard to find cheaper insurance by shopping around.
Companies like State Farm, Allstate, GEICO and Progressive increase brand awareness with ad campaigns and it is difficult to see past the corporate glitz and take the time to shop coverage around.
It's smart to get comparison quotes at least once a year due to the fact that insurance prices go up and down regularly. Despite the fact that you may have had the lowest rate on Hyundai Genesis insurance in Aurora a couple years back there may be better deals available now. Forget anything you know (or think you know) about auto insurance because you're going to get a crash course in how to quote online to remove unneeded coverages and save money.
If you have a policy now, you stand a good chance to be able to buy cheaper insurance using the concepts you're about to learn. Choosing the best insurance company for you in Aurora can initially seem challenging. But Colorado vehicle owners do need to learn the way companies sell online.
Free Aurora Hyundai Genesis insurance rate quotes
To find cheap quotes, there are a couple of ways of comparing rate quotes from lots of Colorado auto insurance companies. The fastest way to find cheaper Hyundai Genesis rates consists of obtaining rate quotes online.
Getting rate quotes online is very simple and it makes it obsolete to call or drive to and from local Aurora insurance agencies. Comparing Hyundai Genesis insurance rate quotes online eliminates this option unless you require the trained guidance only provided by licensed Aurora agents. However, consumers can comparison shop online but have a local agent actually write the policy. It's important to know that more quotes increases your odds of finding a better price. Not every company allows you to get Aurora Genesis insurance quotes online, so you also need to get rates from them, too.
The companies shown below have been selected to offer price comparisons in Aurora, CO. If multiple companies are listed, we suggest you click on several of them to find the cheapest car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Genesis 2.0T 2-Dr Coupe||$278||$570||$452||$26||$136||$1,462||$122|
|Genesis 3.8 4-Dr Sedan||$182||$332||$314||$18||$94||$940||$78|
|Genesis 2.0T Premium 2-Dr Coupe||$346||$682||$452||$26||$136||$1,642||$137|
|Genesis 3.8 2-Dr Coupe||$364||$836||$570||$34||$170||$1,974||$165|
|Genesis 2.0T Track 2-Dr Coupe||$380||$740||$440||$26||$132||$1,718||$143|
|Genesis 3.8 Grand Touring 2-Dr Coupe||$342||$620||$440||$26||$132||$1,560||$130|
|Genesis 4.6 4-Dr Sedan||$332||$608||$304||$18||$92||$1,354||$113|
|Genesis 3.8 Track 2-Dr Coupe||$326||$862||$496||$30||$148||$1,862||$155|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rates do not factor in specific location information which can lower or raise prices noticeably.
Rate comparison for different deductibles
The information below illustrates how your choice of deductibles and can affect Hyundai Genesis insurance costs for different age groups. The premiums assume a single male driver, comp and collision included, and no discounts are applied to the premium.
Get cheaper Hyundai Genesis insurance rates in Aurora
Companies offering auto insurance do not list every policy discount very clearly, so the list below gives a summary of a few of the more common in addition to some of the lesser obvious discounts that you can inquire about if you buy Aurora auto insurance online.
- Home Ownership Discount - Owning your own home or condo may earn you a small savings since home ownership shows financial diligence.
- Paperwork-free - Many insurance companies will provide an incentive get Aurora auto insurance on their website.
- Defensive Driver - Taking time to complete a course in driver safety could save 5% or more depending on where you live.
- Club Memberships - Affiliation with qualifying employment or professional organizations is a good way to get lower rates on your next insurance statement.
- Senior Citizen Discount - If you qualify as a senior citizen, you are able to get lower premium rates.
- Accident Waiver - This one is not really a discount per se, but certain companies permit an accident before they charge you more for coverage if you are claim-free prior to being involved in the accident.
- College Student Discount - Kids who live away from home at college and do not take a car to college can be insured at a reduced rate.
As is typical with insurance, most of the big mark downs will not be given to your bottom line cost. Most only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like it's possible to get free car insurance, companies don't profit that way. But any discount will definitely reduce your policy premiums.
A few popular companies and some of the premium reductions they offer can be read below.
- Progressive includes discounts for good student, continuous coverage, multi-policy, online signing, and homeowner.
- AAA may have discounts that include good student, AAA membership discount, education and occupation, anti-theft, pay-in-full, and multi-car.
- Farmers Insurance policyholders can earn discounts including distant student, good student, switch companies, teen driver, and pay in full.
- GEICO has discounts for military active duty, multi-vehicle, emergency military deployment, anti-theft, seat belt use, and defensive driver.
- Esurance has savings for emergency road assistance, online quote, paid-in-full, DriveSense, multi-car, good driver, and defensive driver.
- SAFECO offers premium reductions for homeowner, drive less, teen safety rewards, multi-car, bundle discounts, and safe driver.
- State Farm discounts include good driver, Drive Safe & Save, multiple policy, multiple autos, defensive driving training, passive restraint, and driver's education.
Check with every company to apply every possible discount. Some of the discounts discussed earlier may not apply to policyholders in every state. If you would like to see a list of providers who offer online Hyundai Genesis insurance quotes in Colorado, click here.
Local Aurora car insurance agents and insurance
A small number of people prefer to get professional advice from a licensed agent and that is not a bad decision A nice benefit of getting online price quotes is the fact that you can find lower rates but also keep your business local.
For easy comparison, once you complete this quick form, the coverage information is sent to local insurance agents in Aurora that can provide free Aurora auto insurance quotes for your insurance coverage. There is no need to leave your computer because prices are sent to your email. You'll get the best rates and a licensed agent to work with. If you wish to get a price quote for a specific company, just visit that company's website and submit a quote form there.
Selecting an insurance company should depend on more than just a cheap quote. These are some valid questions you should ask.
- Will high miles depreciate repair valuations?
- Do they feel the quoted coverages are adequate?
- Does the agency have a good rating with the Better Business Bureau?
- Will the company cover a rental car if your car is getting fixed?
- Does the company have a local claim office in Aurora?
Exclusive or Independent: There is a difference
If you want a reliable insurance agency, it's important to understand the types of agencies and how they can write your policy. Aurora agents are categorized either exclusive or independent agents depending on their company appointments.
Exclusive Insurance Agencies
Agents of this type can only place business with one company like Farmers Insurance or State Farm. These agents are unable to shop your coverage around so they are skilled at selling on more than just price. Exclusive agents are trained well on the products they sell and that enables them to sell even at higher rates.
The following is a short list of exclusive insurance agents in Aurora that can give you price quotes.
Independent agencies often have affiliation with several companies so they can quote policies with lots of companies and get you the best rates possible. If they find a cheaper price, an independent agent can move your coverage and the insured can keep the same agent.
When shopping rates, we recommend you include multiple independent agents so that you can do a thorough price comparison.
Listed below are independent insurance agents in Aurora that can give you rate quotes.
Amercian Affordable Insurance: Arthur Blaszczyszn
10660 E Bethany Dr - Aurora, CO 80014 - (303) 577-9998 - View Map
What insurance coverages do I need?
When selecting proper insurance coverage, there is no "perfect" insurance plan. Every insured's situation is different.
For example, these questions might help in determining whether you might need an agent's assistance.
- Does insurance cover tools stolen from my truck?
- Do I need PIP coverage since I have good health insurance?
- Should I buy only the required Colorado minimum liability coverage?
- How high should my uninsured/underinsured coverage be in Colorado?
- What can I do if my company won't pay a claim?
- Do I need special endorsements for business use of my vehicle?
- What if an uninsured driver hits me?
- Is my dog or cat covered if injured in an accident?
- I have health insurance so do I need medical payments coverage?
If you're not sure about those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Auto insurance is not optional
Even though it's not necessarily cheap to insure a Hyundai in Aurora, paying for auto insurance is required in Colorado but it also protects you in many ways.
First, just about all states have mandatory insurance requirements which means it is punishable by state law to not carry specific limits of liability protection if you don't want to risk a ticket. 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.
Second, if you have a loan on your Genesis, it's guaranteed your bank will make it mandatory that you buy insurance to guarantee their interest in the vehicle. If you let the policy lapse, the lender will be forced to insure your Hyundai for a lot more money and require you to reimburse them much more than you were paying before.
Third, auto insurance preserves your vehicle and your assets. It will also pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay for a defense attorney in the event you are sued. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.
The benefits of having insurance greatly outweigh the cost, especially with large liability claims. But the average American driver overpays more than $855 a year so it's important to compare rates at every policy renewal to make sure the price is not too high.
Parts of your car insurance policy
Knowing the specifics of a car insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.
This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as crashing into a building, driving through your garage door, crashing into a ditch and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible on your Genesis in order to get cheaper collision rates.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance provide coverage for bills for things like nursing services, hospital visits, pain medications and ambulance fees. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance
This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and also any damage incurred to your Hyundai Genesis.
Due to the fact that many Colorado drivers carry very low liability coverage limits (25/50/15 in Colorado), it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Comprehensive coverage (or Other than Collision)
This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as falling objects, hail damage, damage from flooding and a tree branch falling on your vehicle. The maximum amount you'll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Liability auto insurance
This coverage protects you from damages or injuries you inflict on people or other property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/15 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $15,000.
Liability coverage protects against things like funeral expenses, emergency aid, repair costs for stationary objects, court costs and repair bills for other people's vehicles. How much coverage you buy is up to you, but it's cheap coverage so purchase as high a limit as you can afford. Colorado requires minimum liability limits of 25/50/15 but you should consider buying more coverage.
Lower-priced Hyundai Genesis insurance in Aurora can be sourced from both online companies as well as from independent agents in Aurora, and you should be comparing both to get a complete price analysis. There are still a few companies who may not have rates over the internet and many times these regional insurance providers work with independent agencies.
You just read a lot of techniques to reduce Hyundai Genesis insurance rates online in Aurora. It's most important to understand that the more providers you compare, the better your chances of lowering your auto insurance rates. You may even discover the lowest rates come from a lesser-known regional company.
People leave their current company for any number of reasons including denial of a claim, extreme rates for teen drivers, high prices and even delays in responding to claim requests. No matter why you want to switch, finding a new car insurance company can be less work than you think.
Additional information can be read on the following sites:
- Teen Driving Statistics (GEICO)
- How Much are Colorado Auto Insurance Rates for Teenage Males? (FAQ)
- Who Has Cheap Colorado Car Insurance Rates for Good Students? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Drivers Under 25 in Colorado? (FAQ)
- What Insurance is Cheapest for State Employees in Colorado? (FAQ)
- Safety Features for Your New Car (State Farm)
- Determining Your Vehicle's Value and Repair Cost (Insurance Information Institute)
- Understanding Limits and Deductibles (Allstate)
- Car Insurance: When not to Skimp (BankRate.com)