Did a good deal turn into an expensive car insurance policy? Don’t sweat it because there are many Houston consumers feeling the pinch from expensive car insurance.
It’s amazing but the majority of drivers kept their coverage with the same car insurance company for at least the last four years, and just short of a majority have never quoted rates to find affordable coverage. Drivers in the U.S. can save hundreds of dollars each year just by getting comparison quotes, but they feel it’s too difficult to go online and compare rates. Multiple insurers compete for your business, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest price on Hyundai Accent insurance in Houston.
It’s a good idea to do price comparisons occasionally because car insurance rates change frequently. Despite the fact that you may have had the best deal on Hyundai Accent insurance in Houston two years ago you will most likely find a better price today. Forget anything you know (or think you know) about car insurance because you’re about to learn how to use online quotes to reduce your cost while improving coverage.
The following companies are ready to provide free rate quotes in Houston, TX. If multiple providers are shown, we suggest you compare several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Accent Blue 2-Dr Hatchback||$198||$376||$334||$20||$100||$1,028||$86|
|Accent GS 2-Dr Hatchback||$200||$422||$310||$18||$94||$1,044||$87|
|Accent GLS 4-Dr Sedan||$274||$788||$560||$34||$168||$1,824||$152|
|Accent SE 2-Dr Hatchback||$282||$788||$340||$20||$102||$1,532||$128|
|Get Your Own Custom Quote Go|
Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Rate information does not factor in specific Houston garaging location which can increase or decrease premium rates greatly.
Auto insurance premiums by gender
The example below illustrates the comparison of Hyundai Accent insurance rates for male and female drivers. The premium estimates are based on a clean driving record, no claims, comp and collision included, $100 deductibles, drivers are not married, and no additional discounts are factored in.
Auto insurance does more than just protect your car
Despite the high cost of buying insurance for a Hyundai Accent in Houston, auto insurance is mandatory in Texas but it also protects more than you think.
First, almost all states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability coverage if you don’t want to risk a ticket. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you have a lien on your car, it’s guaranteed your bank will make it a condition of the loan that you have insurance to ensure loan repayment if the vehicle is totalled. If you do not pay your insurance premiums, the lender may insure your Hyundai at a much higher rate and require you to reimburse them for the expensive policy.
Third, insurance safeguards not only your Hyundai but also your assets. It also can pay for hospital and medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are sued as the result of an accident. If you have damage to your Hyundai as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your Accent are without a doubt worth the cost, especially for larger claims. An average driver in America overpays as much as $810 a year so it’s recommended you shop around at every policy renewal to be sure current rates are still competitive.
How to Lower Your Insurance Costs
Multiple criteria are part of the calculation when premium rates are determined. Some of the criteria are obvious like an MVR report, but other criteria are more obscure like where you live or how safe your car is. The best way to find cheaper insurance is to take a look at the different types of things that help calculate the level of your policy premiums. If you know what determines base rates, this enables you to make decisions that could help you find lower insurance prices.
The following are some of the major factors used by companies to determine your premiums.
Lower stress equals lower premiums – Occupations such as military generals, air traffic controllers, and financial analysts are shown to have the highest average rates due to high stress and lots of time spent at work. On the flip side, jobs such as professors, students and homemakers receive lower rates.
File a claims and pay more – If you file a lot of claims you can look forward to either a policy non-renewal or much higher rates. Companies in Texas provide cheaper rates to people who are claim-free. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Fast cars cost more to insure – The performance level of the vehicle you are insuring makes a huge difference in your car insurance bill. Since the Hyundai Accent is considered a passenger car, insurance will be similar in price or lower when compared to the average rates in Houston. Low performance passenger models generally have the cheapest insurance rates, but there are many factors that impact the final cost.
Additional coverages that may be costing you – There are a lot of extra bells and whistles that you can get tricked into buying but may not be useful. Coverages like roadside assistance, death and dismemberment, and extra equipment coverage could be just wasting money. You may think they are a good idea when discussing your needs, but if you don’t need them consider taking them off your policy.
Marriage can lower rates – Having a wife or husband actually saves money when shopping for insurance. Marriage is viewed as being more mature and responsible and statistics prove married drivers tend to have fewer serious accidents.
Hyundai Accent insurance loss statistics – Companies use past loss statistics for each vehicle to help calculate premium prices. Models that the data determines to have higher claim frequency or loss amount will cost more for specific coverages.
The information below illustrates the collected loss data for Hyundai Accent vehicles. For each policy coverage, the statistical loss for all vehicles, regardless of make, model or trim level, is equal to 100. Values under 100 represent a good loss history, while percentages above 100 indicate more frequent claims or an increased probability of a larger loss.
Hyundai Accent Insurance Loss Statistics
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics from IIHS.org for 2013-2015 Model Years
Cheaper rates with these premium slashing discounts
Some insurers don’t always publicize the complete list of policy discounts in an easy-to-find place, so the following list contains a few of the more well known and the more hidden credits that you can use to lower your rates.
- Air Bag Discount – Cars that have air bags or automatic seat belts can get savings up to 30%.
- Professional Organizations – Being in a qualifying organization could qualify you for a break when shopping for car insurance.
- Multi-line Discount – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase life insurance from them.
- Discounts for Safe Drivers – Insureds who avoid accidents can pay as much as 50% less than less cautious drivers.
- Data Collection Discounts – People who choose to allow companies to spy on vehicle usage by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they show good driving skills.
- Low Mileage Discounts – Fewer annual miles on your Hyundai may allow you to get cheaper car insurance rates.
- Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents so companies give up to a 10% discount.
Don’t be surprised that some of the credits will not apply to all coverage premiums. Most only apply to specific coverage prices like collision or personal injury protection. Even though the math looks like all those discounts means the company will pay you, you aren’t that lucky.
A list of car insurance companies and a partial list of their discounts include:
- State Farm has savings for defensive driving training, good driver, safe vehicle, good student, and accident-free.
- Progressive may include discounts for homeowner, continuous coverage, online quote discount, multi-vehicle, and online signing.
- Travelers has discounts for IntelliDrive, multi-car, new car, save driver, and hybrid/electric vehicle.
- American Family may offer discounts for multi-vehicle, air bags, good driver, early bird, accident-free, Steer into Savings, and TimeAway discount.
- Liberty Mutual may have discounts that include newly retired, safety features, hybrid vehicle, multi-policy, and multi-car.
When getting a coverage quote, ask all companies you are considering what discounts are available to you. Some discounts listed above may not apply to policies everywhere. For a list of companies that offer discounts in Texas, click here to view.
You are unique and your car insurance should be too
When it comes to buying the best car insurance coverage for your personal vehicles, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that can aid in determining if your situation may require specific advice.
- If my pet gets injured in an accident are they covered?
- Who sells insurance for high-risk drivers?
- If I drive on a suspended license am I covered?
- Can I make deliveries for my home business?
- How many claims can I have before being canceled?
- Will filing a claim cost me more?
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and may give you better protection.
Exclusive and independent insurance agencies
Some people would prefer to get professional advice from a licensed agent and that can be a smart move Good insurance agents are trained to spot inefficiencies and help you file claims. The best thing about comparing rate quotes online is that you can obtain cheap rate quotes but still work with a licensed agent.
By using this short form, your insurance data is emailed to local insurance agents in Houston who can give free rate quotes and help you find cheaper coverage. There is no need to search for an agent because quoted prices will be sent to you directly. If you want to get a rate quote from a specific company, feel free to visit that company’s website and give them your coverage information.
Finding the right provider needs to be determined by more than just the quoted price. Any agent in Houston should have no problem answering these questions:
- Has the agent ever had any license suspensions?
- Will their companies depreciate repairs to your car based on the mileage?
- Do they offer rental car reimbursement?
- What discounts might you be missing?
- Can they provide you with a list of referrals?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
If you want to use a reliable agent, you must know there are a couple different agency structures that you can choose from. Car insurance agents in Houston can either be independent or exclusive. Both handle car insurance, but it is important to understand the subtle differences because it may have an impact on your selection of an agent.
Exclusive Car Insurance Agencies
Exclusive insurance agents have only one company to place business with such as State Farm, AAA, and Liberty Mutual. They usually cannot place coverage with different providers so it’s a take it or leave it situation. Exclusive insurance agents are very knowledgeable on sales techniques which helps them compete with independent agents.
Shown below are Houston exclusive agencies who can help you get price quote information.
Agents of this type are not restricted to one company so they can insure your vehicles through many different car insurance companies and find the cheapest car insurance rates. To move your coverage to a new company, they simply move your policy to a different company and you don’t have to do anything.
When shopping rates, we highly recommend that you get several quotes from a couple of independent agencies so that you have a good selection of quotes to compare.
The following is a short list of independent agents in Houston that can give you comparison quotes.
Compare. Compare. Compare.
As you quote Houston auto insurance, don’t be tempted to buy poor coverage just to save money. There have been many cases where consumers will sacrifice physical damage coverage only to find out that the small savings ended up costing them much more. Your goal is to purchase a proper amount of coverage at the best possible price while not skimping on critical coverages.
Throughout this article, we presented many ideas to reduce Hyundai Accent insurance premium rates online in Houston. The key concept to understand is the more rate quotes you have, the higher your chance of finding inexpensive Houston auto insurance quotes. Consumers could even find that the best price on auto insurance is with some of the smallest insurance companies.
People who switch companies do it for a variety of reasons including denial of a claim, policy non-renewal, lack of trust in their agent or extreme rates for teen drivers. Whatever your reason, finding a great new company can be easy and end up saving you some money.
Helpful learning opportunities
- Vehicle Insurance in the U.S. (Wikipedia)
- How Much is Car Insurance for a Ford Fusion in Houston? (FAQ)
- What Car Insurance is Cheapest for Good Students in Houston? (FAQ)
- How Much are Auto Insurance Quotes for High Risk Drivers in Houston? (FAQ)
- Who Has Cheap Auto Insurance Quotes for High School Students in Houston? (FAQ)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Frontal Crash Tests (iihs.org)