Do you want to save money by buying more competitive Hyundai Elantra insurance in Fort Wayne? When trying to find lower-cost insurance, are you overwhelmed by the sheer number of car insurance companies that you can choose from? Many other drivers are as well. Indiana vehicle owners have so many options that it can easily turn into a chore to find lower car insurance rates on Hyundai Elantra insurance. If you live there, you know that Fort Wayne is an awesome place to live, but finding the money to pay for car insurance makes it impossible to meet other financial obligations.
Unthinkable but true, a large majority of drivers renewed their policy with the same company for a minimum of four years, and approximately 40% of consumers have never compared car insurance rates at all. American drivers can save hundreds of dollars each year, but they just don't understand the large savings they would see if they swap their current policy for a cheaper one.
You need to do rate comparisons occasionally since insurance prices change frequently. Just because you found the lowest rates on Hyundai Elantra insurance in Fort Wayne at your last renewal a different company probably has better premium rates today. Ignore everything you know about car insurance because you're about to learn the quickest way to lower your annual insurance bill.
Locating the best insurance company for you in Fort Wayne is much easier if you have a good place to start. Practically anyone who has to buy auto insurance will probably be able to reduce their rates. Nevertheless, Indiana drivers must learn the way insurance companies calculate your policy premium because rates fluctuate considerably.
Auto insurance providers offering affordable rate quotes in Indiana
The companies shown below are ready to provide price quotes in Fort Wayne, IN. If multiple companies are shown, it's a good idea that you visit as many as you can to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$176||$242||$312||$18||$94||$842||$70|
|Elantra Blue 4-Dr Sedan||$210||$514||$280||$16||$84||$1,104||$92|
|Elantra GLS 4-Dr Sedan||$138||$296||$270||$16||$80||$800||$67|
|Elantra SE 4-Dr Sedan||$232||$580||$364||$22||$110||$1,308||$109|
|Elantra SE Touring Station Wagon||$170||$310||$230||$14||$68||$792||$66|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Table data does not factor in vehicle garaging location which can decrease or increase insurance rates substantially.
Tickets and at-fault accidents raise rates
The example below demonstrates how speeding tickets and accident claims can affect Hyundai Elantra auto insurance costs for each age group. The rate quotes are based on a single female driver, full coverage, $100 deductibles, and no other discounts are factored in.
Lower rate quotes with discounts
Companies don't necessarily list every possible discount in an easy-to-find place, so we took the time to find some of the best known and the more hidden credits that you can use to lower your rates.
- Discounts for Safe Drivers - Drivers who avoid accidents can save as much as half off their rates than drivers with accidents.
- Discount for Swiching Early - Some larger companies reward drivers for switching policies before your current Elantra insurance policy expires. It could save around 10% when you buy Fort Wayne car insurance online.
- No Accidents - Drivers with accident-free driving histories can earn big discounts when compared with frequent claim filers.
- Driving Data Discount - Drivers that enable data collection to analyze where and when they drive by using a small device installed in their vehicle such as Progressive's Snapshot could save a few bucks if they exhibit good driving behavior.
- Multiple Policy Discount - If you combine your home and auto policies and place coverage with the same company you may earn at least 10% off all policies.
- Buy New and Save - Insuring a new Elantra can save you some money because newer vehicles have to meet stringent safety requirements.
A little disclaimer on discounts, some credits don't apply to the entire policy premium. Most only cut the cost of specific coverages such as liability and collision coverage. So even though they make it sound like you can get free auto insurance, it's just not the way it works. Any qualifying discounts will reduce the cost of coverage.
To see providers that offer the discounts shown above in Fort Wayne, click this link.
Eight Things That Determine Your Insurance Premiums
Lots of things are used when you get your auto insurance bill. Some are obvious such as traffic violations, but other criteria are more transparent such as whether you are married or how safe your car is. Consumers need to have an understanding of the different types of things that play a part in calculating your car insurance rates. If you have a feel for what impacts premium levels, this empowers consumers to make smart changes that can help you get lower premium levels.
The list below includes some of the items used by your company to calculate rates.
Low mileage costs less - The more you drive your Hyundai every year the more you'll pay to insure your vehicle. Most insurance companies price each vehicle's coverage based on how the vehicle is used. Cars and trucks used primarily for pleasure use get more affordable rates compared to those used for work or business. Having an incorrect usage rating on your Elantra can cost quite a bit. Make sure your car insurance policy correctly shows the right rating data, because it can save money.
Your gender affects prices - The statistics show that women are safer drivers than men. That doesn't necessarily mean that men are WORSE drivers than women. Men and women tend to get into auto accidents in similar numbers, but men tend to have higher claims. Men also tend to get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.
Car and home together may be cheaper - Most major companies allow better rates to clients who have multiple policies with them in the form of a multi-policy discount. Even with this discount applied, drivers will still want to get quotes from other companies to help guarantee you have the best rates. Consumers may save money by buying from different companies
High coverage deductibles save money - Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your Hyundai. Some instances where coverage would apply would be running into the backend of another car, collision with an animal, or theft. Comprehensive and collision coverage deductibles are how much you are required to pay if you file a covered claim. The more damage repair cost you choose to pay out-of-pocket, the better rate you will receive.
Low credit rating equals high prices - A driver's credit score factor in determining premium rates. Drivers with good credit tend to file fewer claims and have better driving records than drivers who have poor credit. So if your credit score can use some improvement, you could save money insuring your Hyundai Elantra if you clean up your credit.
Prevent coverage lapses - Having an insurance coverage lapse will be a fast way to increase your rates. Not only will rates go up, the inability to provide proof of insurance might get you a license revocation or jail time. You may then have to file a SR-22 with the Indiana department of motor vehicles.
Prevent your car from being stolen - Buying a car with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft features like GM's OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft and help lower rates.
File a claims and pay more - If you're an insured who likes to file claims don't be surprised to see increased rates or even have your policy non-renewed. Insurance companies in Indiana generally give cheaper rates to drivers who do not file claims often. Insurance coverage is intended to be relied upon for larger claims.
Loss probability for a Hyundai Elantra - Insurers analyze past claim statistics to calculate a rate that will offset losses. Models that tend to have higher frequency or amount of claims will have higher rates. The table shown below demonstrates the actual insurance loss data for Hyundai Elantra vehicles.
For each coverage category, the claim probability for all vehicles, regardless of make, model or trim level, is a value of 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while percentages above 100 indicate a higher chance of having a claim or tendancy to have higher losses.
Insurance Loss Ratings for Hyundai Elantra Vehicles
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Hyundai Elantra GT||95||91||95||112||114||107|
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Different people need different insurance coverages
When quoting and comparing adequate coverage, there isn't really a perfect coverage plan. Each situation is unique.
Here are some questions about coverages that may help highlight if your insurance needs could use an agent's help.
- Are combined or split liability limits better?
- Is my Hyundai Elantra covered for flood damage?
- What happens if I owe more than my Hyundai Elantra is worth?
- What does medical payments coverage do?
- Do I have newly-acquired coverage?
- Should I file a claim if it's only slightly more than my deductible?
- What is roadside assistance coverage?
- Should I rate my vehicle as business use?
- Is there coverage for injuries to my pets?
If you're not sure about those questions, you may need to chat with a licensed agent. If you don't have a local agent, fill out this quick form.
Get rate quotes but work with a local neighborhood Fort Wayne car insurance agent
Some people prefer to get advice from a local agent and we recommend doing that The biggest benefit of price shopping on the web is that drivers can save money and get the lowest rates and still have a local agent.
To make it easy to find an agent, after completing this short form, your insurance coverage information is submitted to insurance agents in Fort Wayne who will return price quotes for your business. It's much easier because you don't need to even leave your home because quoted prices will be sent to you instantly. You can most likely find cheaper rates and a licensed agent to work with. If you have a need to quote rates from a specific company, don't hesitate to jump over to their website and submit a quote form there.
Picking the best company requires you to look at more than just a low price. Ask your prospective agent these questions:
- Can you contact them at any time?
- Which members of your family are coverage by the policy?
- Can you use your own choice of collision repair facility?
- If you are a high risk driver, do they have special markets for your coverage?
- Do they have a Better Business Bureau rating in Fort Wayne?
- How long has their agency been in business in Fort Wayne?
Choose the right car insurance agent
If you prefer to buy insurance from local Fort Wayne agents, there are a couple of different agency structures and how they function. Insurance agents in Fort Wayne are either independent or exclusive depending on the company they work for.
Exclusive insurance agents can usually just insure with one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agencies are unable to give you multiple price quotes so it's a take it or leave it situation. Exclusive agents receive extensive training on their products and sales techniques which helps them sell on service rather than price. Consumers sometimes buy insurance from these agents partially due to the prominence of the brand rather than having low rates.
Shown below is a list of exclusive insurance agencies in Fort Wayne who can help you get price quote information.
- Sam Till Jr - State Farm Insurance Agent
615 Goshen Ave - Fort Wayne, IN 46808 - (260) 482-9623 - View Map
- Allstate Insurance: Jeffrey W Griggs
4340 Maplecrest Rd - Fort Wayne, IN 46815 - (260) 486-3883 - View Map
- Terry Anderson - State Farm Insurance Agent
5668 St Joe Rd - Fort Wayne, IN 46835 - (260) 486-8663 - View Map
Independent agencies are normally appointed by many insurers and that gives them the ability to insure with any number of different companies and get you the best rates possible. If you are not satisfied with one company, your agent can switch companies and you don't have to do anything.
If you are trying to find cheaper rates, we recommend you include at a minimum one independent agency in order to have the best price comparison. Most can insure with smaller mutual companies who may have lower rates.
Listed below are Fort Wayne independent insurance agencies who can help you get comparison quotes.
- InsureOne Insurance Agency
3213 E State Blvd - Fort Wayne, IN 46805 - (260) 216-0024 - View Map
- STAR Insurance Agency
2130 E Dupont Rd - Fort Wayne, IN 46825 - (260) 467-5690 - View Map
- Real Estate Agents Health Insurance Direct
8411 Clinton Park Dr - Fort Wayne, IN 46825 - (855) 343-7344 - View Map
If you feel you receive reasonable responses to your questions and cheap Elantra insurance quotes, you may have just found an insurance agency that meets the requirements to provide insurance coverage. But remember, policyholders can terminate your policy when you choose so don't think that you are permanently stuck with a specific company for a certain time period.
Smaller companies may have the best rates
Well-known auto insurance companies like GEICO, State Farm and Progressive continually stream ads on TV and radio. They all have a common claim that people will save after switching to their company. But how can every company claim to save you money? It's all in how they say it.
Companies have specific characteristics for the type of customer they prefer to insure. For instance, this type of risk profile could possibly be between 25 and 40, has no prior claims, and has a short commute. Anybody who fits that profile will get a cheap rate quote in Fort Wayne as well as save some money.
Potential customers who do not fit this stringent profile may be forced to pay higher premiums with the end result being the prospect going elsewhere. If you listen to the ad wording, they say "customers who switch" not "everybody who quotes" save money. This is how companies can truthfully make the claims of big savings. Different companies use different criteria so you really need to get Fort Wayne car insurance quotes as often as possible. Because you cannot predict which insurance companies will have better premium rates than you're paying now.
Smart shoppers get results
Drivers who switch companies do it for many reasons like extreme rates for teen drivers, policy cancellation, questionable increases in premium or high rates after DUI convictions. No matter why you want to switch, finding a new insurance company is less work than it seems.
Cheaper Hyundai Elantra insurance in Fort Wayne is available from both online companies in addition to local insurance agencies, and you need to comparison shop both to have the best selection. A few companies may not provide the ability to get quotes online and many times these smaller providers sell through independent insurance agents.
As you restructure your insurance plan, it's very important that you do not skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at the best price while not skimping on critical coverages.
To read more, feel free to browse the following helpful articles:
- What is Gap Insurance? (Insurance Information Institute)
- Who Has Affordable Indiana Auto Insurance Quotes for Teenage Females? (FAQ)
- Who Has Affordable Indiana Car Insurance for a School Permit? (FAQ)
- Who Has Affordable Indiana Car Insurance for a GMC Sierra? (FAQ)
- Who Has Cheap Car Insurance for a Company Car in Indiana? (FAQ)
- What is the Cheapest Auto Insurance in Carmel, Indiana? (FAQ)
- What is the Cheapest Car Insurance in Elkhart, Indiana? (FAQ)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)