Finding the cheapest car insurance for a Hyundai Elantra in Florida can be pretty simple, but it relies on a lot of different factors such as how safe your vehicle is, where you live, and driving citations. Drivers in Florida pay approximately $1,006 a year to insure their Elantra, but that cost is a projection using a 40-year-old married male driver with full coverage and $500 deductibles.
There’s a good chance you are not 40 years old and maybe not even male, maybe you are single instead of married, or maybe you just want liability only instead of full coverage. Having different needs demonstrates why the only way to find cheap car insurance rates for your Hyundai is to compare as many rates as you can. In just a few minutes you will be able to compare rates from top-rated companies around.
The specific model of Elantra will have an impact the yearly cost, so the cost to insure a Elantra GLS Touring Station Wagon will be $100 lower than the price to insure the more costly Elantra SE Touring Station Wagon model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$208||$332||$366||$22||$110||$1,038||$87|
|Elantra Blue 4-Dr Sedan||$208||$474||$430||$26||$128||$1,266||$106|
|Elantra GLS 4-Dr Sedan||$238||$474||$430||$26||$128||$1,296||$108|
|Elantra SE 4-Dr Sedan||$238||$474||$430||$26||$128||$1,296||$108|
|Elantra SE Touring Station Wagon||$238||$402||$366||$22||$110||$1,138||$95|
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Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price information does not factor in vehicle garaging location which can change premium rates noticeably.
Buying coverage from the right auto insurance company can be difficult considering how many different companies insure vehicles in Florida. The ranking information shown below may help you decide which companies you want to consider when shopping insurance around for a Hyundai Elantra. These rankings are only made up of the largest companies in the United States, so companies without a large exposure are not included in the list.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
The example below shows how different deductible levels can affect insurance costs when quoting cheap insurance for a Hyundai Elantra. The information is based on a single female driver, full coverage, and no discounts are applied to the premium.
As shown above, a 40-year-old driver could lower their policy premium by $436 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $652 by changing to a $1,000 deductible. Young drivers, like the 20-year-old example, could reduce their rates as much as $1,120 each year by using a higher deductible. If you do raise deductibles, it is important to have plenty of discretionary funds to offset the extra out-of-pocket expense that is associated with using high deductibles.
How accidents and violations affect rates
The easiest method to obtain the cheapest auto insurance prices for an Elantra is to be an attentive driver and have a clean driving record. The illustration below demonstrates how citations and accidents influence car insurance rates for different ages of insureds. The costs are based on a single female driver, full coverage, $250 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of a car insurance policy per year with a clean driving record and no accidents is $2,577. Add in two speeding tickets and the average cost rises to $3,468, an increase of $890 each year. Then throw in one accident along with the two speeding tickets and the yearly cost of auto insurance for a Hyundai Elantra goes up to an average of $4,389. That’s an increase of $1,811, or $151 per month, just for not keeping your driving record clean!
Types of discounts on Tampa insurance rates
Car insurance companies that offer cheap quotes for a Hyundai Elantra may additionally offer premium discounts that could potentially reduce rates by 35% or more if you meet eligibility requirements. Popular auto insurance companies and their possible discounts can be found below.
- Progressive offers premium reductions for online signing, continuous coverage, multi-policy, homeowner, online quote discount, and good student.
- AAA offers discounts for education and occupation, pay-in-full, AAA membership discount, multi-policy, anti-theft, and multi-car.
- Farmers Insurance includes discounts for teen driver, good student, homeowner, switch companies, and electronic funds transfer.
- GEICO discounts include anti-lock brakes, emergency military deployment, daytime running lights, military active duty, multi-vehicle, and good student.
- Esurance offers discounts including paid-in-full, anti-lock brakes, homeowner, claim free, and renters.
- SAFECO policyholders can earn discounts including drive less, bundle discounts, anti-lock brakes, teen safe driver, accident prevention training, homeowner, and anti-theft.
- State Farm may include discounts for safe vehicle, driver’s education, multiple policy, defensive driving training, accident-free, and Steer Clear safe driver discount.
The information below shows the comparison of premium costs with and without discounts being applied to the rates. The prices are based on a female driver, no claims, a clean driving record, Florida state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with multiple policy, homeowner, marriage, defensive driving course, safe-driver, and multiple vehicle discounts applied. When discounts are factored in, theamount saved on auto insurance for a Hyundai Elantra is 28% or $654.
If you have questions and prefer to get some professional input when shopping for the best coverage for a Hyundai Elantra, the agents shown below can most likely aid you in deciding which coverages you need.
To find an agent by location nearest to you, click the button at the bottom.
ABC Neighborhood Insurance
1336 W Fletcher Ave – Tampa, FL 33612 – (813) 932-0000
Geocite Insurance Agency
3105 W Waters Ave #313 – Tampa, FL 33614 – (813) 510-5366
Allstate Insurance: Rich Lovinger
4016 Henderson Blvd l – Tampa, FL 33629 – (813) 837-9329