Has it been a year or more since you last compared quotes for the cheapest Hyundai Sonata insurance in Colorado Springs? If shopping for Colorado Springs car insurance quotes online is new to you, it's easy to get overwhelmed by the crazy number of online insurance companies and websites vying for business in Colorado Springs.

Discount Hyundai Sonata insuranceUnimaginable but true, most consumers renewed their policy with the same company for at least four years, and just under half have never compared rate quotes at all. The average driver in Colorado could save an average of almost $610 each year just by comparing rates, but they underestimate how much savings they would realize if they moved their coverage to a different company.

The intent of this article is to help educate you on the most effective way to quote insurance and how to save the most money. If you currently have insurance, you will be able to find better prices using the techniques presented in this article. Although Colorado car owners should learn how companies charge you for coverage and use it to find better rates.

The easiest way to compare insurance rates in your area is to understand car insurance companies participate in a system to compare rate quotes. The only thing you need to do is provide a small amount of information such as if a SR-22 is needed, whether you have decent credit, if you lease or own, and distance driven. The data is instantly sent to multiple companies and you should receive rate quotes instantly.

To check Hyundai Sonata insurance prices now, click here and find out if you can get cheaper insurance in Colorado Springs.

The companies in the list below offer free rate quotes in Colorado Springs, CO. If multiple companies are shown, it's a good idea that you visit two to three different companies to find the cheapest car insurance rates.

Hyundai Sonata Insurance Costs in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $144 $296 $448 $26 $134 $1,048 $87
Sonata GLS 4-Dr Sedan $200 $340 $408 $24 $122 $1,094 $91
Sonata GLS 4-Dr Sedan $186 $354 $536 $32 $160 $1,268 $106
Sonata SE 4-Dr Sedan $302 $644 $396 $24 $118 $1,484 $124
Sonata SE 4-Dr Sedan $244 $534 $536 $32 $160 $1,506 $126
Sonata Limited 4-Dr Sedan $244 $500 $480 $28 $144 $1,396 $116
Sonata Limited 4-Dr Sedan $284 $434 $520 $30 $156 $1,424 $119
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Table data does not factor in your specific Colorado Springs location which can increase or decrease coverage prices considerably.

Physical damage deductibles: Should you raise them?

A question often asked by Colorado Springs drivers is which deductible level should you buy. The rates shown below approximate the rate fluctuation between high and low coverage deductibles. The first rate comparisons uses a $250 physical damage deductible and the second price chart uses a $500 deductible.

Hyundai Sonata insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $272 $458 $396 $24 $118 $1,293 $108
Sonata GLS 4-Dr Sedan $272 $458 $396 $24 $118 $1,293 $108
Sonata GLS 4-Dr Sedan $272 $458 $396 $24 $118 $1,293 $108
Sonata SE 4-Dr Sedan $272 $538 $396 $24 $118 $1,373 $114
Sonata SE 4-Dr Sedan $272 $538 $396 $24 $118 $1,373 $114
Sonata Limited 4-Dr Sedan $306 $538 $396 $24 $118 $1,407 $117
Sonata Limited 4-Dr Sedan $306 $538 $396 $24 $118 $1,407 $117
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Hyundai Sonata insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $220 $368 $396 $24 $118 $1,126 $94
Sonata GLS 4-Dr Sedan $220 $368 $396 $24 $118 $1,126 $94
Sonata GLS 4-Dr Sedan $220 $368 $396 $24 $118 $1,126 $94
Sonata SE 4-Dr Sedan $220 $434 $396 $24 $118 $1,192 $99
Sonata SE 4-Dr Sedan $220 $434 $396 $24 $118 $1,192 $99
Sonata Limited 4-Dr Sedan $250 $434 $396 $24 $118 $1,222 $102
Sonata Limited 4-Dr Sedan $250 $434 $396 $24 $118 $1,222 $102
Get Your Own Custom Quote Go

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

We can derive from the above data that using a $250 deductible costs about $14 more each month or $168 for a full year than requesting the higher $500 deductible. Since you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 18 months between claims, you would save money if you opt for a higher deductible.

Physical damage deductibles: Should you raise them?

The illustration below highlights how deductible selection and can raise or lower Hyundai Sonata annual premium costs for each different age group. The data is based on a married male driver, full physical damage coverage, and no other discounts are factored in.

Cheaper Hyundai Sonata insurance quotes in Colorado Springs

Some insurers do not advertise the complete list of policy discounts very clearly, so we break down both well-publicized and also the lesser-known savings tricks you should be using when you buy Colorado Springs car insurance online.Discount auto insurance

Don't be surprised that some credits don't apply to the entire cost. Most cut specific coverage prices like liability, collision or medical payments. Despite the appearance that you can get free auto insurance, companies wouldn't make money that way.

A few popular companies and some of the discounts are:

If you need the cheapest Hyundai Sonata rate quotes, ask all the companies to give you their best rates. Some of the earlier mentioned discounts may not apply to policies in your area. To see a list of insurers that offer some of these discounts in Colorado Springs, click here to view.

Three reasons to insure your Hyundai Sonata

Even though it's not necessarily cheap to insure a Hyundai in Colorado Springs, paying for insurance is required by state law in Colorado and it also provides benefits you may not be aware of.

The benefits of insuring your car are definitely more than the cost, especially for larger claims. In a recent study of 1,000 drivers, the average customer overpays more than $865 each year so smart consumers compare quotes at least once a year to make sure the price is not too high.

Buying from insurance agents

Some people just want to visit with an insurance agent and that is a smart decision One of the best bonuses of comparing rates online is that you can find the lowest rates and also buy local. Buying from and supporting local insurance agencies is important especially in Colorado Springs.

Insurance agency in Colorado SpringsBy using this simple form, your insurance coverage information is submitted to agents in your area who will gladly provide quotes for your car insurance coverage. You won't even need to drive around because prices are sent immediately to you. You can most likely find cheaper rates without having to waste a lot of time. If for some reason you want to compare prices from a specific insurance company, you would need to visit that company's website and fill out the quote form the provide.

Two types of auto insurance agents

If you want to buy car insurance from a local agent, it helps to know the two different agency structures and how they can write your policy. Colorado Springs agents are either independent or exclusive.

Independent Car Insurance Agents

These agents do not work for one specific company so they can insure your vehicles through lots of different companies and find you cheaper rates. If they quote lower rates, your agent can just switch to a different company which is easy for the insured.

If you are comparing car insurance prices, we recommend you include price quotes from several independent agencies to have the best price comparison. Many independent agencies also insure through less well-known companies that can offer cheaper rates than bigger companies.

Listed below are independent insurance agents in Colorado Springs who may provide free car insurance rate quotes.

View more Colorado Springs agents

Exclusive Insurance Agents

Agents in the exclusive channel can only place business with one company and some examples include Farmers Insurance or State Farm. They are unable to shop your coverage around so you need to shop around if the rates are high. These agents are well trained on what they offer which helps offset the inability to provide other markets. Some insured continue to use the same agent mainly due to the brand name and the convenience of having all coverages with one company.

Shown below are Colorado Springs exclusive insurance agencies willing to provide comparison quotes.

View more Colorado Springs agents

Picking an insurance agent needs to be determined by more than just a cheap quote. These are valid questions to ask:

Car insurance coverages explained

Knowing the specifics of your car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a bird, rock chips in glass, a tree branch falling on your vehicle and fire damage. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Medical costs insurance

Coverage for medical payments and/or PIP pay for immediate expenses for things like surgery, rehabilitation expenses, hospital visits and doctor visits. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision insurance

Collision insurance covers damage to your Sonata resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as damaging your car on a curb, sideswiping another vehicle and backing into a parked car. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible on your Sonata to bring the cost down.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle's occupants and damage to your Hyundai Sonata.

Since many Colorado drivers only carry the minimum required liability limits (25/50/15), their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually these coverages do not exceed the liability coverage limits.

Liability

This coverage provides protection from damage that occurs to a person or their property by causing an accident. This coverage protects you against other people's claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/15 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $15,000. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things like medical services, repair bills for other people's vehicles, repair costs for stationary objects, funeral expenses and legal defense fees. How much liability coverage do you need? That is your choice, but it's cheap coverage so purchase as much as you can afford. Colorado requires drivers to carry at least 25/50/15 but drivers should carry more coverage.