Comparing New Orleans auto insurance quotes online can be challenging if you are one of the millions of people new to online car insurance quotes. Don’t worry though because online price shopping is actually quite simple.
Steps to buying lower priced Hyundai Elantra insurance in New Orleans
If your goal is the lowest price, then the best way to get more affordable Hyundai Elantra insurance is to make a habit of comparing prices annually from insurers who sell auto insurance in New Orleans. Rate comparisons can be done by following these steps.
Step 1: Spend some time learning about the coverage provided by your policy and the things you can change to keep rates low. Many risk factors that cause rate increases such as at-fault accidents, careless driving, and an unfavorable credit rating can be amended by paying attention to minor details. Read the full article for more information to keep prices down and find more discounts that you may not know about.
Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from one company like GEICO and Allstate, while independent agents can provide rate quotes from multiple companies. Compare rates now
Step 3: Compare the quotes to your current policy to see if a cheaper price is available. If you find a lower rate and decide to switch, make sure there is no lapse in coverage.
Step 4: Tell your current company of your decision to cancel your current auto insurance policy. Submit payment along with a signed and completed policy application to the new company. As soon as you have the new policy, keep the new certificate of insurance somewhere easily accessible.
One thing to remember is that you use identical deductibles and limits on each quote and and to look at as many companies as possible. Doing this enables an accurate price comparison and the best price quote selection.
Unthinkable but true, over 70% of Louisiana drivers renewed their policy with the same company for more than four years, and almost 40% of drivers have never compared rates with other companies. American consumers could save $859 a year just by comparing rates, but most tend to underestimate the big savings they would realize if they bought a different policy.
Finding and comparing more affordable insurance in New Orleans can be fairly easy. Practically every car owner who has to purchase insurance stands a good chance to be able to lower their premiums. Nevertheless, Louisiana consumers do need to know how the larger insurance companies calculate your policy premium and use it to find better rates.
How to shop Hyundai Elantra insurance online
When comparing auto insurance rates, know that comparing a large number of companies will enable you to find more affordable insurance. Some smaller insurers do not give New Orleans Elantra insurance quotes over the internet, so you need to compare price estimates from the smaller companies as well.
The following companies are our best choices to provide comparison quotes in New Orleans, LA. If you want the best cheap car insurance in New Orleans, we suggest you visit two to three different companies in order to find the most competitive rates.
Cheaper rates with discounts
Properly insuring your vehicles can get expensive, but there are discounts available that can drop the cost substantially. Most are applied when you complete an application, but occasionally some discounts must be specifically requested before being credited.
- Discounts for Government Workers – Active or retired federal employment could cut as much as 10% off with certain companies.
- Theft Deterrent – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and that can save you a little bit as well.
- Driving Data Discount – Drivers who elect to allow data collection to study their driving habits by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot could see a rate decrease if they show good driving skills.
- Save over 55 – If you qualify as a senior citizen, you may receive a discount up to 10%.
- Discounts for Responsible Drivers – Insureds who avoid accidents could pay up to 40% less than less cautious drivers.
- Fewer Miles Equal More Savings – Maintaining low annual mileage can earn substantially lower prices.
- Early Payment Discounts – If paying your policy premium upfront rather than paying in monthly installments you could save 5% or more.
One thing to note about discounts is that many deductions do not apply to the entire policy premium. Some only apply to individual premiums such as medical payments or collision. So even though it sounds like you can get free auto insurance, you’re out of luck.
The chart below compares Hyundai Elantra yearly insurance costs with and without discounts applied to the premium. The prices are based on a male driver, no claims or violations, Louisiana state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, homeowner, multi-car, claim-free, and multi-policy discounts applied.
To find car insurance companies who offer cheap Hyundai Elantra insurance quotes in New Orleans in Louisiana, click here.
Insurance coverage details
The coverage information shown next outlines a range of rate quotes for Hyundai Elantra models. Having insight into how auto insurance prices are figured can assist in making decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$244||$422||$380||$22||$114||$1,182||$99|
|Elantra Blue 4-Dr Sedan||$244||$606||$446||$26||$134||$1,456||$121|
|Elantra GLS 4-Dr Sedan||$280||$606||$446||$26||$134||$1,492||$124|
|Elantra SE 4-Dr Sedan||$280||$606||$446||$26||$134||$1,492||$124|
|Elantra SE Touring Station Wagon||$280||$514||$380||$22||$114||$1,310||$109|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can lower or raise premiums greatly.
Insurance rates based on gender
The chart below compares Hyundai Elantra auto insurance costs for male and female drivers. The price estimates are based on no accidents, no driving violations, comp and collision included, $500 deductibles, drivers are not married, and no discounts are factored in.
Lower the Price of Car Insurance with These Tips
One of the most helpful ways to save on car insurance is to to have a grasp of the factors that aid in calculating the level of your policy premiums. If you have some idea of what controls the rates you pay, this helps enable you to make changes that could result in lower premium levels.
The itemized list below are a few of the things utilized by car insurance companies to help set rates.
Good credit equals lower costs – Credit score will be a significant factor in determining what you pay for car insurance. Insureds with excellent credit scores tend to be better drivers and file fewer claims than those with poor credit. If your credit is low, you could save money insuring your Hyundai Elantra by taking the time to improve your credit score.
Job can influence rates – Do you work in a high-stress field? Jobs such as military personnel, architects, and stock brokers tend to pay higher average rates attributed to job stress and long work hours. On the other hand, jobs like actors, students and retirees pay lower than average rates.
Is your car built for speed? – The type of vehicle you are insuring makes a huge difference in your car insurance bill. The cheapest insurance rates are for small economy passenger cars, but your final cost has many other factors.
The chart below assumes a married male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. It compares Hyundai Elantra insurance premiums compared to other vehicles that have a range of performances.
Rates increase with driving citations – Your driving citation history has a big impact on rates. Only having one citation can increase the cost of insurance by as much as thirty percent. Drivers who don’t get tickets receive lower rates compared to drivers with tickets. Drivers unfortunate enough to have multiple violations such as reckless driving or DUI may find that they have to to maintain a SR-22 with their state motor vehicle department in order to keep their license.
The example below illustrates how speeding tickets and fender-benders raise Hyundai Elantra auto insurance costs for different age groups. The premiums are based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.
Only buy extra policy coverages you need – Policies have extra bells and whistles that can add up if you don’t pay attention. Things like personal injury protection, high-cost glass coverage, and membership fees may not be needed and are just wasting money. You may think they are a good idea when deciding what coverages you need, but now you might not need them so think about removing them and cutting costs.
High coverage deductibles save money – Insurance for physical damage, also called comprehensive and collision insurance, insures against damage to your Hyundai. Examples of covered claims are a windshield shattered by a rock, collision with an animal, and windstorm damage. Physical damage deductibles state the amount of money you are willing to pay if you file a covered claim. The more of the claim you’re willing to pay, the less your car insurance will be.
Insurance losses for a Hyundai Elantra – Insurance companies use historical loss data to calculate a price that offsets possible losses. Models that are shown to have a higher amount or frequency of claims will cost more for specific coverages.
The data below shows the actual insurance loss data for Hyundai Elantra vehicles. For each policy coverage, the claim amount for all vehicles, without regard to make or model, is considered to be 100. Percentage numbers below 100 suggest losses that are better than average, while numbers above 100 point to more losses or an increased probability of a larger loss.
|Vehicle 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