Discount Hyundai Accent insuranceShopping for cheap Accent insurance might seem complicated at first if you are someone who has never done price quotes online. Don't let the process intimidate you because it's actually quite easy to find lower-cost Hyundai Accent in Raleigh.

Statistics show that almost 70% of insureds have bought car insurance from the same company for a minimum of four years, and almost half have never compared quotes from other companies. With the average car insurance premium being $980, North Carolina drivers can save hundreds of dollars each year just by shopping around, but they feel it's too difficult to find lower-cost rates by getting comparison quotes.

If you are already insured, you will definitely be able to lower your rates using this information. Obtaining price quotes for cheaper coverage in Raleigh is not as time-consuming as you think. But North Carolina consumers do need to understand how the larger insurance companies market on the web because rates fluctuate considerably.

Auto insurance quotes and discounts

Auto insurance is neither fun to buy or cheap, but there may be some discounts to cut the cost considerably. Certain discounts will be applied when you quote, but some may not be applied and must be inquired about before you will receive the discount.

It's important to note that most discounts do not apply to your bottom line cost. Most only cut specific coverage prices like liability and collision coverage. Despite the fact that it seems like you would end up receiving a 100% discount, companies wouldn't make money that way.

The best auto insurance companies and a summarized list of policyholder discounts can be found below.

When getting a coverage quote, ask every insurance company what discounts are available to you. Savings might not be offered on policies in Raleigh. To locate companies that offer the discounts shown above in Raleigh, click this link.

The best way we recommend to get policy rate comparisons for Hyundai Accent insurance in Raleigh is to understand car insurance companies allow for online access to provide you with free rate quotes. To start a quote, the only thing you need to do is take a few minutes to give details like your credit rating estimate, daily mileage, if you are currently licensed, and if the car is leased. The rating information is automatically sent to insurance carriers in your area and you will receive price estimates quickly.

To check rates for your Hyundai Accent now, click here and complete the form.

The following companies are ready to provide free rate quotes in Raleigh, NC. If multiple providers are shown, we recommend you visit as many as you can to get a more complete price comparison.

Hyundai Accent Insurance Rates in Raleigh, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $86 $164 $216 $12 $64 $542 $45
Accent GS 2-Dr Hatchback $160 $366 $276 $16 $82 $900 $75
Accent GLS 4-Dr Sedan $100 $236 $286 $16 $86 $724 $60
Accent SE 2-Dr Hatchback $214 $524 $212 $12 $64 $1,026 $86
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Rate quotes do not factor in specific Raleigh garaging location which can influence auto insurance rates considerably.

Full coverage or liability only

The example below visualizes the comparison of Hyundai Accent car insurance rates with liability coverage only compared to full coverage. The rates are based on no claims or driving citations, $500 deductibles, married male driver, and no discounts are applied to the premium.

When to stop buying comprehensive and collision coverage

There is no definitive formula for eliminating full coverage, but there is a general school of thought. If the annual cost of coverage is more than 10% of the vehicle's replacement cost less your deductible, then you might consider buying liability only.

For example, let's pretend your Hyundai Accent replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after paying your deductible. If premium cost is more than $700 annually to have full coverage, then it might be time to consider dropping full coverage.

There are some conditions where dropping physical damage coverage is not financially feasible. If you still owe money on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.

Choosing deductibles

When comparing car insurance rates, the most common question is which deductible level should you buy. The premium rates below illustrate the price difference when you select higher and lower deductibles. The first set of rates uses a $100 deductible and the second price table uses a $500 deductible.

Hyundai Accent insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $160 $318 $212 $12 $64 $791 $66
Accent GS 2-Dr Hatchback $186 $386 $212 $12 $64 $885 $74
Accent GLS 4-Dr Sedan $186 $456 $282 $16 $84 $1,049 $87
Accent SE 2-Dr Hatchback $214 $524 $212 $12 $64 $1,051 $88
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Hyundai Accent insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accent Blue 2-Dr Hatchback $116 $214 $212 $12 $64 $618 $52
Accent GS 2-Dr Hatchback $136 $262 $212 $12 $64 $686 $57
Accent GLS 4-Dr Sedan $136 $308 $282 $16 $84 $826 $69
Accent SE 2-Dr Hatchback $156 $354 $212 $12 $64 $798 $67
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Information does not factor in specific location information which can influence auto insurance rates significantly.

Based on the data above, we can derive that using a $100 deductible could cost the average driver approximately $18 more each month or $216 for a full year than buying the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 22 months between claims, you would save more money if you decide on a higher deductible.

How to calculate if a higher deductible is a good decision

Average monthly premium for $100 deductibles: $79
Average monthly premium for $500 deductibles (subtract): - $61
Monthly savings from raising deductible: $18
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $18
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 22 months

One thing to note is that a higher deductible level results in more money out-of-pocket when you file a claim. That will necessitate some money saved in the event you have to pay the higher deductible in order to repair your vehicle.

Why Your Insurance Costs might be higher

Lots of factors are used when you get your auto insurance bill. Some are obvious such as your driving history, but other factors are more obscure like your vehicle usage or how safe your car is. An important part of buying insurance is that you know the factors that go into determining the price you pay for car insurance. If you have some idea of what influences your rates, this helps enable you to make changes that could result in cheaper rates.

Certain jobs pay higher rates - Jobs such as real estate brokers, airline pilots, and emergency personnel usually pay higher premium rates attributed to intense work-related stress and long work hours. Other occupations such as scientists, historians and performers generally pay rates lower than average.

High coverage deductibles equal low rates - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Some examples of claims that would be covered would be colliding with a building, collision with an animal, and burglary. The deductibles you choose are how much you are required to spend before a claim is paid by your company. The more expense the insured is willing to pay, the less your car insurance will be.

Premiums are affected by your credit history - Credit history will be a significant factor in determining what you pay. If your credit score leaves room for improvement, you may save money insuring your Hyundai Accent if you improve your credit rating. Consumers who have high credit ratings tend to be more responsible than those with poor credit scores.

Frequent policy claims will cost you - Auto insurance companies in North Carolina generally give discounts to policyholders who file claims infrequently. If you're an insured who likes to file claims you can definitely plan on much higher rates or policy non-renewal. Your insurance policy is intended for larger claims.

Don't cut corners with liability protection - The liability coverage on your policy will protect you if you are ruled to be at fault for causing personal injury or damage in an accident. Your policy's liability insurance provides you with a defense in court to attempt to prove you were not liable. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.

Multi-policy discounts can save money - Some car insurance companies allow lower prices to people who buy several policies from them such as combining an auto and homeowners policy. Even if you qualify for this discount already, consumers should still compare other company rates to guarantee you are still saving the most.

Hyundai Accent historical loss data - Companies analyze past claim statistics to help calculate a profitable premium rate. Vehicles that statistically have higher number or severity of losses will have higher rates for specific coverages. The information below illustrates the historical loss data for Hyundai Accent vehicles.

For each type of coverage, the claim probability for all vehicles averaged together is considered to be 100. Percentages below 100 indicate better than average losses, while numbers above 100 show a trend for more claims or statistically larger losses.

Insurance Loss Ratings for Hyundai Accent Vehicles

Specific Hyundai Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Hyundai Accent 98 109 89 129 129 133

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Your insurance coverage should be tailored to you

When quoting and comparing the right insurance coverage for your personal vehicles, there really is no one-size-fits-all type of policy. Your situation is unique and your insurance should unique, too. For example, these questions can aid in determining if your insurance needs might need an agent's assistance.

If you don't know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Buying from insurance agencies

A lot of people would prefer to have an agent's advice and that is recommended in a lot of cases One of the benefits of price shopping on the web is the fact that drivers can get better rates and still have an agent to talk to.

Raleigh insurance agentsAfter filling out this short form, the quote information is submitted to companies in Raleigh that give free quotes for your business. There is no need to find an agent on your own because prices are sent to you directly. You can find lower rates and a licensed agent to work with. In the event you want to get a rate quote from a specific insurance company, you just need to visit that company's website to submit a rate quote request.

Picking an provider requires you to look at more than just the bottom line cost. Any agent in Raleigh should be willing to answer these questions.

Best reasons to buy car insurance in North Carolina

Even though it's not necessarily cheap to insure a Hyundai in Raleigh, insuring your vehicle is required in North Carolina but also provides important benefits.

The benefits of carrying adequate insurance definitely exceed the cost, particularly if you ever have a claim. Unknowingly, the average driver overpays more than $865 each year so smart consumers compare quotes each time the policy renews to be sure current rates are still competitive.

Lower rates by being persistent

You just read quite a bit of information on how to shop for Hyundai Accent insurance online. The key concept to understand is the more you quote Raleigh auto insurance, the better your chances of lowering your prices. You may even be surprised to find that the most savings is with a company that doesn't do a lot of advertising. These smaller insurers can often provide lower prices in certain areas than the large multi-state companies such as State Farm and Allstate.

More affordable car insurance in Raleigh is possible both online and with local Raleigh insurance agents, so you should compare both so you have a total pricing picture. There are still a few companies who may not have rate quotes online and usually these regional insurance providers only sell coverage through independent agencies.

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