Trying to come up with a payment for high-priced insurance can eat up your personal savings and force you to tighten up your finances. Price shopping at each renewal is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.
A recent insurance study discovered that over 70% of consumers kept their coverage with the same insurance company for a minimum of four years, and roughly 40% of drivers have never even compared quotes to find cheaper rates. Many drivers in North Carolina could save as much as $90 every year just by comparing rates, but they don’t understand how simple it is to shop their coverage around.
Companies like Allstate, Liberty Mutual and State Farm promote their brand names with advertising and it is challenging if not impossible to see past the geckos and flying pigs and effectively compare rates to find the best deal.
You should take the time to get comparison quotes every six months because insurance prices trend upward over time. Just because you had the best quotes on Hyundai Accent insurance in Raleigh a year ago you will most likely find a better rate today. Ignore everything you know about insurance because you’re about to learn how to use the internet to reduce your cost while increasing coverage.
If you have a current auto insurance policy, you will surely be able to buy cheaper auto insurance using the tips covered below. Buying the cheapest auto insurance in Raleigh can be easy if you know a few tricks. But North Carolina vehicle owners must learn how the larger insurance companies compete online and take advantage of how the system works.
Companies offering low-cost Hyundai Accent rates in Raleigh, NC
The companies shown below are ready to provide free quotes in North Carolina. To buy the cheapest auto insurance in North Carolina, we recommend you get rates from several of them to get the most affordable price.
Insurance coverage details
The premium table shown below outlines detailed analysis of policy rates for Hyundai Accent models. Learning more about how car insurance premiums are calculated can help guide drivers when making decisions on which insurance to purchase.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Accent Blue 2-Dr Hatchback||$154||$312||$216||$12||$64||$758||$63|
|Accent GS 2-Dr Hatchback||$182||$380||$216||$12||$64||$854||$71|
|Accent GLS 4-Dr Sedan||$182||$446||$286||$16||$86||$1,016||$85|
|Accent SE 2-Dr Hatchback||$208||$514||$216||$12||$64||$1,014||$85|
|Get Your Own Custom Quote Go|
Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Rates do not factor in specific location which can increase or decrease auto insurance rates noticeably.
Smart Buyers Save Money
It’s important that you understand some of the elements that are used to determine your auto insurance rates. If you know what determines base rates, this helps enable you to make changes that could result in lower premium levels. Lots of factors are used when you get a price on insurance. Some factors are common sense such as traffic violations, although some other factors are more transparent such as your credit history or your commute time.
Performance makes a difference – The performance of the car or truck you are buying insurance for makes a significant difference in determining your rates. Economy passenger cars generally have the cheapest insurance rates, but the cost you end up paying is determined by many additional factors.
The following chart is based on a single male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Hyundai Accent insurance premiums compared to other models of vehicles that have a range of risk factors.
- Save money with higher deductibles – Physical damage deductibles are how much you are required to pay if a covered claim is submitted. Physical damage coverage, also known as collision and other-than-collision, insures against damage to your car. A few examples of covered claims are rear-ending another vehicle, fire damage, and having a roll-over accident. The more damage repair cost you’re willing to pay, the bigger discount you will receive.
Gender and insurance – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Females and males are responsible for at-fault accidents at a similar rate, but guys have accidents that have higher claims. Not only that, but men also get cited for more serious violations like driving under the influence (DUI).
The diagram below visualizes the comparison of Hyundai Accent insurance premiums for male and female drivers. The rates are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied.
Poor driving habits means higher costs – Having a single speeding ticket or other violation can increase rates by as much as twenty percent. Drivers who don’t get tickets get better prices compared to drivers with tickets. Drivers who have received severe tickets like hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 form with their state motor vehicle department in order to legally drive.
The diagram below shows how violations and accident claims influence Hyundai Accent yearly insurance costs for each age group. The rate quotes are based on a single female driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
- Having a spouse reduces risk – Your spouse may save some money compared to being single. Having a significant other translates into being more responsible and statistics prove married drivers tend to file fewer claims.
Hyundai Accent claim statistics – Insurers analyze claim trends for every vehicle to help calculate premium costs. Models that the statistics show to have higher frequency or amount of claims will have higher rates for specific coverages. The information below illustrates the loss history for Hyundai Accent vehicles.
For each policy coverage, the claim probability for all vehicles, regardless of make, model or trim level, equals 100. Percentage values below 100 mean the vehicle has better than average losses, while values over 100 point to more frequent losses or an increased probability of a larger loss.
Insurance Loss Ratings for Hyundai Accent Vehicles Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Accent 98 109 89 129 129 133BETTERAVERAGEWORSE
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
You may qualify for discounts for Hyundai Accent insurance in Raleigh
Insurance can be pricey, but there could be significant discounts that can help lower your rates. Certain credits will be shown when you get a quote, but some discounts are required to be manually applied prior to receiving the credit.
- Professional Memberships – Joining qualifying clubs or civic groups may earn a discount on insurance.
- Paperless Signup – A handful of insurance companies give back up to $50 for completing your application online.
- Life Insurance – Some insurance carriers give a break if you buy a life policy as well.
- Driving Data Discount – Drivers that enable companies to study vehicle usage through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates as long as the data is positive.
- Home Ownership Discount – Just being a homeowner may trigger a policy discount on insurance due to the fact that maintaining a home requires a higher level of personal finance.
Remember that most discount credits are not given to the entire cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like you could get a free insurance policy, insurance companies wouldn’t stay in business.
The diagram below illustrates the difference between Hyundai Accent car insurance rates with and without discounts. The premiums assume a male driver, no violations or claims, North Carolina state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, safe-driver, homeowner, claim-free, and marriage discounts applied.
Some companies that may offer some of the above discounts may include but are not limited to:
If you need lower rates, check with all companies you are considering which discounts you qualify for. Some of the discounts discussed earlier might not apply in Raleigh. To see a list of providers who offer online Hyundai Accent insurance quotes in Raleigh, follow this link.
Independent and exclusive insurance agents
Certain consumers would rather go talk to an agent and that is not a bad decision The biggest benefit of getting free rate quotes online is that drivers can save money and get cheap auto insurance quotes but still work with a licensed agent.
After filling out this quick form, your information is transmitted to local insurance agents in Raleigh who can give free rate quotes for your auto insurance coverage. There is no reason to find an agent on your own since price quotes are sent directly to your email. You can most likely find cheaper rates without requiring a lot of work. If for some reason you want to get a price quote from a specific insurance company, you can always navigate to their website to submit a rate quote request.
Deciding on a provider requires more thought than just the premium amount. Ask your prospective agent these questions:
- Can you contact them at any time?
- How long has their agency been open in Raleigh?
- Is the agent CPCU or CIC certified?
- Does the agency provide any after hours assistance?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- What insurance companies do they recommend if they are an independent agent?
Multiple types of auto insurance agents in Raleigh
When looking for a good insurance agency, it’s important to understand the types of insurance agents and how they work. Agents in Raleigh are either independent or exclusive.
Exclusive Auto Insurance Agencies
Exclusive agents normally can only provide a single company’s rates and examples are Allstate, State Farm and Farmers Insurance. These agents are unable to compare other company’s rates so you might not find the best rates. Exclusive agents receive extensive training on their company’s products which helps offset the inability to provide other markets.
Below is a short list of exclusive insurance agencies in Raleigh who may provide you with rate quotes.
Independent Insurance Agents
Agents in the independent channel are normally appointed by many insurers and that enables them to quote your coverage with any number of different companies and potentially find a lower price. To transfer your coverage to a different company, they simply move your policy to a different company and you won’t have to switch agencies.
When searching for an agent, we recommend you get insurance quotes from at a minimum one independent agency for the best price selection.
Listed below is a list of independent agencies in Raleigh that can give you price quote information.
Get the best coverage at the best price
We just presented a lot of techniques to find lower-cost Hyundai Accent insurance in Raleigh. The most important thing to understand is the more companies you get premium rates for, the more likely it is that you will get a better rate. Consumers may even find the lowest car insurance rates come from the least-expected company. These companies may have significantly lower premium rates on certain market segments compared to the large companies like State Farm or Progressive.
When you buy Raleigh car insurance online, never buy lower coverage limits just to save a few bucks. There have been many situations where an insured dropped uninsured motorist or liability limits and discovered at claim time that it was a big error on their part. The goal is to buy enough coverage at the lowest possible cost while not skimping on critical coverages.
How to find cheaper quotes for Hyundai Accent insurance in Raleigh
If you want to save money, the best way to quote cheaper car insurance rates in Raleigh is to compare prices annually from companies who sell auto insurance in North Carolina. You can compare rates by completing these steps.
First, spend a few minutes and learn about individual coverages and the measures you can take to drop your rates. Many risk factors that are responsible for high rates such as speeding and an unacceptable credit score can be improved by making lifestyle changes or driving safer.
Second, compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from many different companies.
Third, compare the new rate quotes to the price on your current policy to see if cheaper Accent coverage is available in Raleigh. If you find a better price, make sure there is no lapse between the expiration of your current policy and the new one.
The most important part of shopping around is that you use similar limits and deductibles on every quote request and and to get rates from as many car insurance companies as possible. This guarantees a fair price comparison and the best price quote selection.
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