Affordable Hyundai Accent Insurance in Las Vegas

Searching for better insurance prices for a new or used Hyundai Accent in Nevada can be an all-consuming task, but you can follow our auto insurance buying tips to make it easier.

There is a right way and a wrong way to compare auto insurance rates so we’re going to tell you the quickest way to get price quotes for your Hyundai and locate the lowest possible price.

It’s hard to believe, but a large majority of drivers have purchased from the same company for four years or more, and virtually 40% of consumers have never shopped around. Consumers in Nevada could save themselves as much as 35% a year by just comparing quotes, but they just assume it takes a lot of time to go online and compare rates.

It’s a good idea to compare rates before your policy renews because prices tend to go up over time. Despite the fact that you may have had the lowest price on Hyundai Accent insurance in Las Vegas on your last policy you can probably find a better rate now. Forget anything you know (or think you know) about auto insurance because it’s time to teach you how to use the internet to save money, get proper coverage and the best rates.

If you already have coverage or just want a better rate, you can use this information to cut your premiums while maximizing coverage. Finding and comparing the cheapest insurance coverage in Las Vegas is simple if you know the tricks. Drivers just need to use the tricks to compare rate quotes instantly.

Getting a cheaper price on insurance isn’t really that difficult. The only requirement is to take a few minutes comparing rates from different insurance companies.

The car insurance companies shown below offer free quotes in Las Vegas, NV. To get cheap car insurance in Las Vegas, we recommend you visit two to three different companies to get a more complete price comparison.

Why do I need car insurance?

Despite the fact that auto insurance is not cheap in Las Vegas, insurance is a good idea for several reasons.

• Most states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability coverage in order to get the vehicle licensed. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a loan on your Accent, it’s most likely the lender will require that you have full coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank or lender will purchase a policy for your Hyundai at a significantly higher premium and force you to reimburse them the higher price.
• Auto insurance preserves both your vehicle and your personal assets. It also can pay for medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance will also pay attorney fees if you cause an accident and are sued. If mother nature or an accident damages your car, your policy will pay to have it repaired.

The benefits of buying enough insurance greatly outweigh the cost, particularly if you ever have a claim. As of last year, the average driver in Nevada is wasting up to $869 every year so compare rates each time the policy renews to ensure rates are inline.

Hyundai Accent insurance statistics and information

The information shown next highlights detailed analysis of insurance rates for Hyundai Accent models. Being aware of how auto insurance policy rates are figured can benefit drivers when making smart choices when comparing insurance rates.

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Prices do not factor in vehicle garaging location which can impact price quotes considerably.

Rate comparison for different deductibles

One of the more difficult decisions when buying insurance is how high should your deductibles be. The following tables highlight how much more you’ll pay between high and low insurance deductibles. The first rate quote example uses a $250 physical damage coverage deductible and the second set of prices uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Rate information does not factor in your specific Las Vegas location which can influence premium rates substantially.

Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $12 more each month or $144 a year across all Hyundai Accent models than requesting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 21 months between claims, you would probably save some money going with the higher deductible.

Rate difference between full and liability-only coverage

The information below illustrates the comparison of Hyundai Accent insurance costs with and without full coverage. The price estimates are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no policy discounts are applied.

When to stop buying comprehensive and collision coverage

There is no definitive formula that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Hyundai Accent replacement cost is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after the policy deductible has been paid. If you are paying in excess of $800 a year for your policy with full coverage, then you might want to consider buying only liability coverage.

There are some circumstances where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.

Lower rates by qualifying for discounts

Auto insurance companies don’t always list every discount available very well, so here is a list both well-publicized in addition to some of the lesser obvious discounts that you can inquire about if you buy Las Vegas auto insurance online. If you do not check that you are getting every discount you qualify for, it’s possible you qualify for a lower rate.

• Defensive Driving Course – Taking part in a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
• Early Switch Discount – Some insurance companies reward drivers for switching companies prior to the expiration date on your current Accent insurance policy. It could save around 10% when you buy Las Vegas auto insurance online.
• Military Rewards – Being on active duty in the military could mean lower insurance rates.
• Driver’s Education for Students – It’s a good idea to have your young drivers successfully take a driver’s education course as it can save substantially.
• Multi-Vehicle Discounts – Purchasing coverage when you have more than one vehicle on the same insurance policy can get a discount for every vehicle.
• Low Miles Discount – Low mileage vehicles may enable drivers to earn slightly better premium rates than normal.
• Passive Restraints and Air Bags – Factory options such as air bags or automatic seat belts may get savings of 20 to 30 percent.
• Distant College Student Discount – Older children who are attending college and do not take a car to college could get you a discount.
• Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more on Accent insurance in Las Vegas.
• Accident-Free Discounts – Drivers with accident-free driving histories are rewarded with significantly better rates on Las Vegas auto insurance quote compared to bad drivers.

As a disclaimer on discounts, many deductions do not apply to the entire cost. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way.

The diagram below visualizes the comparison of Hyundai Accent insurance premiums with and without discounts applied to the policy rates. Data assumes a male driver, no claims or driving citations, Nevada 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 safe-driver, homeowner, multi-car, marriage, claim-free, and multi-policy discounts applied.

To see a list of insurers that offer discounts in Las Vegas, click this link.

Everyone needs different car insurance coverages

Always keep in mind that when comparing proper insurance coverage for your vehicles, there isn’t really a one-size-fits-all type of policy. Everyone’s situation is a little different.

For example, these questions can help discover whether or not you could use an agent’s help.

• Should I put collision coverage on all my vehicles?
• Am I covered when driving someone else’s vehicle?
• Should I have combined single limit or split liability limits?
• Can I make deliveries for my home business?
• Should I bundle my homeowners policy with my auto?
• Is my ex-spouse still covered by my policy?
• Why am I be forced to buy a membership to get insurance from some companies?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.