Finding competitive auto insurance for a Hyundai Elantra hinges on many different factors such as age of the vehicle, your credit rating, and blemishes on your driving record. Drivers pay around $1,105 annually to insure their Elantra, but that is an estimation based on a 30-year-old single male driver with both comprehensive and collision coverage and $500 deductibles.
If we were betting, you may not be 30 years old (or even male), you might be married instead of single, and you might want liability-only or different deductibles. Having what appears to be a very minor change in policy rating criteria or coverages can result in a large change in the cost of insurance.
This demonstrates why the way we recommend to find the cheapest coverage for your Hyundai is to put in the effort to do a thorough rate comparison. Get a free quote now and you will be able to see rates from some of the best companies that offer coverage in Texas.
The specific model of Elantra can impact the cost of coverage, so the cost to insure a Elantra GLS Touring Station Wagon model will be $106 cheaper than the insurance cost for the fancier Elantra SE Touring Station Wagon model, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$238||$328||$424||$26||$128||$1,144||$95|
|Elantra Blue 4-Dr Sedan||$238||$472||$500||$30||$150||$1,390||$116|
|Elantra GLS 4-Dr Sedan||$272||$472||$500||$30||$150||$1,424||$119|
|Elantra SE 4-Dr Sedan||$272||$472||$500||$30||$150||$1,424||$119|
|Elantra SE Touring Station Wagon||$272||$400||$424||$26||$128||$1,250||$104|
|Get Your Own Custom Quote Go|
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Price estimates do not factor in specific zip code location which can modify coverage prices noticeably.
Buying low-cost auto insurance is challenging, and deciding which companies offer the cheapest car insurance rates for a Hyundai Elantra will require a little more work. Every insurance company has a proprietary formula to set policy rates, so let’s begin by examining the most budget-friendly car insurance companies in San Antonio, TX.
We do need to point out that San Antonio, TX car insurance rates are based on many factors that may substantially change the cost of having a policy. Price variation is why it is critical to perform a complete rate comparison when trying to find cheap insurance rates for a Hyundai Elantra. Auto insurance prices are made up of many different factors and change substantially, so the best price the last time you shopped your coverage around may now be priced much higher than other options.
Cheapest Insurance Rates for Your Hyundai
Travelers quotes some of the best car insurance rates in San Antonio at around $1,010 each year. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also some of the more affordable San Antonio, TX insurance companies.
As depicted above, if you buy coverage from Germania Mutual and switched to USAA, you could earn annual savings of approximately $128. Texas drivers with California Casualty may save as much as $268 a year, and Esurance policyholders might see rate reductions of $279 a year.
Bear in mind that those prices are averages for all types of insureds and vehicles and and are not figured with an exact vehicle garaging location for a Hyundai Elantra. So the auto insurance company that can offer you the lowest price may not even be in the top 23 companies in the list above. That is why you need to get car insurance quotes using your own specific driver and vehicle information.
The chart below highlights how deductible choice can affect insurance rates when trying to find cheap insurance for a Hyundai Elantra. The data is based on a married female driver, full coverage, and no policy discounts are applied.
The data above shows that a 50-year-old driver could save $352 a year by changing from a $100 deductible up to a $500 deductible, or save $528 by choosing a $1,000 deductible. Younger drivers, like the Age 20 chart data, can save up to $870 every year just by choosing larger deductibles.
If you make the decision to raise deductibles, it is a good idea to have spare funds to offset the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Impact of careless driving on car insurance rates
The recommended way to get the best car insurance rates in San Antonio for an Elantra is to drive safe and avoid accidents and keep your driving record clean. The chart below highlights how traffic violations and at-fault claims can affect insurance premiums for different insured age categories. The price estimates are based on a single female driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.
In the previous chart, the average cost of a car insurance policy in San Antonio per year with no accidents and a clean driving record is $2,400. Receive two speeding tickets and the average cost swells to $3,231, an increase of $830 each year. Next add two accidents along with the two speeding tickets and the 12-month cost of car insurance for a Hyundai Elantra goes up to an average of $6,220. That’s an increase of $3,820, or $318 per month, just for not being more responsible behind the wheel!
How to find the cheapest auto insurance for a Hyundai Elantra
It’s not impossible to find cheaper rates, and here are a few penny-pinching suggestions that can help Texas drivers find cheaper coverage.
- Buy safe vehicles
- Raise deductibles
- Save money by observing traffic laws and speed limits
- Accident-free drivers may qualify for discounts
- Increase your credit rating
- Look for cheaper rates once a year by shopping around
That final tip is incredibly important, as was stressed in this write-up. Prices charged by car insurance companies in San Antonio change frequently, so drivers shouldn’t be reluctant to change to a new company if you find a better deal.
Having brand loyalty is commendable, but is isn’t recommended if it’s costing you lots of money. Take a couple minutes and shop around to find cheaper insurance for a Hyundai Elantra.
The San Antonio, TX, insurance agents below are willing to help you decide which coverages and limits you need, since lots of drivers aren’t clear which coverage they need and would like to get some guidance when comparing insurance rates for a Hyundai Elantra. It can be time-consuming to find the best policy yourself, and insurance agents licensed in the state of Texas can provide you peace of mind knowing you have adequate asset protection. To locate a San Antonio auto insurance agent by location nearest to you, click the button after the list or click here to compare price quotes now.
Jacqui Lugar – State Farm Insurance Agent
1248 Austin Hwy Ste. 202 – San Antonio, TX 78209 – (210) 822-2121
A and A Insurance Agency
1317 Castroville Rd – San Antonio, TX 78237 – (210) 434-2311
Garcia Insurance Agency
1255 SW Military Dr – San Antonio, TX 78221 – (210) 593-8935
Trent Rosenkranz – State Farm Insurance Agent
1840 S General McMullen Dr #109 – San Antonio, TX 78226 – (210) 433-9000