Are you burned out from not being able to scrape enough together to buy auto insurance? You are in the same boat as millions of other people.
It’s a known fact that insurance companies don’t want you to look for cheaper rates. People who shop around for cheaper prices will presumably buy a different policy because the odds are good of finding a more affordable policy. A study showed that people who routinely shopped around saved over $850 each year compared to policyholders who never shopped around for lower prices.
If finding budget-friendly rates on car insurance in Los Angeles is your objective, then having some insight into the best way to shop and compare insurance coverage can make the process less intimidating.
Insurance companies such as State Farm and GEICO constantly bombard you with catchy ads and it can be hard to not get sucked in by the cute commercials and take the time to shop coverage around.
If you have a policy now, you will definitely be able to save money using this information. Finding the cheapest insurance coverage in Los Angeles is much easier if you have a good place to start. But California drivers need to have an understanding of the way insurance companies set your policy premium because rates are impacted by many factors.
The most recommended method to get rate comparisons for Hyundai Elantra insurance in Los Angeles is to take advantage of the fact all the major auto insurance companies provide online access to provide you with free rate quotes. The one thing you need to do is provide details including how much you drive, whether you drive to work or school, which vehicles you own, and how old drivers are. Your insurance information gets transmitted to multiple companies and they return rate quotes immediately.
If you would like to start a quote now, click here and complete the quick form.
The companies shown below are our best choices to provide free quotes in California. If multiple companies are shown, it’s a good idea that you compare several of them to get a more complete price comparison.
Insurance coverage details
The rate information displayed below showcases different policy rates for Hyundai Elantra models. Learning as much as possible about how insurance policy premiums are figured can be of help when making decisions on which insurance to purchase.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$242||$382||$376||$22||$112||$1,134||$95|
|Elantra Blue 4-Dr Sedan||$242||$546||$442||$26||$132||$1,388||$116|
|Elantra GLS 4-Dr Sedan||$278||$546||$442||$26||$132||$1,424||$119|
|Elantra SE 4-Dr Sedan||$278||$546||$442||$26||$132||$1,424||$119|
|Elantra SE Touring Station Wagon||$278||$464||$376||$22||$112||$1,252||$104|
|Get Your Own Customized Quote Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can raise or lower insurance rates greatly.
Impact of citations and accidents on insurance rates
The illustration below shows how speeding tickets and at-fault collisions impact Hyundai Elantra insurance costs for each different age group. The prices are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.
Impact of age and gender on insurance rates
The information below compares Hyundai Elantra insurance rates for male and female drivers. The rates are based on no claims or driving citations, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no discounts are applied to the premium.
Should you buy full coverage?
The information below shows the comparison of Hyundai Elantra auto insurance costs with full physical damage coverage compared to only buying liability only. The information is based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no policy discounts are applied.
When to stop buying physical damage coverage
There is no definitive guideline of when to eliminate full coverage, but there is a general convention. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s say your Hyundai Elantra book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $2,000 after paying your policy deductible. If it’s costing you more than $200 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are some conditions where dropping full coverage is not advised. If you still have a loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not drop full coverage.
Do you qualify for discounts on Hyundai Elantra insurance in Los Angeles?
Not too many consumers would say auto insurance is affordable, but companies offer discounts to help offset the cost. A few discounts will automatically apply when you quote, but some may not be applied and must be asked for before you will receive the discount.
- Senior Citizens – Mature drivers may qualify for reduced rates.
- Low Mileage Discounts – Low annual miles may enable drivers to earn lower auto insurance rates on the low mileage vehicles.
- Membership in Organizations – Affiliation with a professional or civic organization could trigger savings when shopping for auto insurance.
- Student Discount for Driver Training – Require your teen driver to take driver’s ed class as it can save substantially.
- Active Service Discounts – Having a family member in the military could mean lower auto insurance rates.
- Good Grades Discount – Being a good student may save as much as 25% on a Los Angeles auto insurance quote. The good student discount can last up until you turn 25.
- Accident-Free Discounts – Los Angeles drivers who stay claim-free can earn big discounts compared to insureds who have frequent claims or accidents.
- Anti-lock Brake Discount – Cars and trucks with ABS braking systems or traction control can avoid accidents and will save you 10% or more on Elantra insurance in Los Angeles.
One thing to note about discounts is that most credits do not apply to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, companies wouldn’t make money that way.
The diagram below illustrates the comparison of Hyundai Elantra yearly insurance costs with and without discounts applied. The data assumes a male driver, no claims or driving citations, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, claim-free, multi-policy, and multi-car discounts applied.
To locate insurers who offer cheap Hyundai Elantra insurance quotes in Los Angeles in Los Angeles, click here to view.
Insurance is not optional in California
Despite the high cost, buying insurance is required by state law in California and it also provides benefits you may not be aware of.
- The majority of states have minimum liability requirements which means state laws require a specific minimum amount of liability in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Hyundai Elantra has a lienholder, most banks will require that you carry insurance to guarantee loan repayment. If you do not keep the policy in force, the lender may insure your Hyundai at an extremely high rate and make you pay a much higher amount than you were paying before.
- Insurance safeguards not only your car but also your financial assets. It will also provide coverage for all forms of medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if someone files suit against you as the result of an accident. If you have damage to your Hyundai as the result of the weather or an accident, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance more than offset the price you pay, particularly for liability claims. But the average driver in California overpays more than $869 every year so it’s recommended you shop around at every renewal to help ensure money is not being wasted.
Local Los Angeles insurance agents
A small number of people prefer to talk to an insurance agent and that can be a great decision A good thing about comparing rate quotes online is you can get cheap auto insurance rates and still choose a local agent. Buying insurance from local insurance agencies is still important in Los Angeles.
To find an agent, once you fill out this short form, your information is submitted to local insurance agents that give free quotes for your insurance coverage. You never need to do any legwork as quotes are delivered to you. It’s the lowest rates and a licensed agent to talk to. If you want to get a price quote from a particular provider, you can always go to their quote page and submit a quote form there.
Below is a list of auto insurance companies in Los Angeles that may be willing to give comparison quotes for Hyundai Elantra insurance in Los Angeles.
Picking an insurer needs to be determined by more than just the quoted price. Below are some questions you should ask.
- What companies can they write with?
- Do they specialize in personal lines auto insurance in Los Angeles?
- Is the agent CPCU or CIC certified?
- Does the agent have a valid license to sell insurance in California?
- How many years of experience in personal auto insurance do they have?
- Which insurance company do they prefer to write with?
- What are their preferred companies if they are an independent agency?