How to Compare Scottsdale Hyundai Sonata Insurance

Insurance rates Hyundai Sonata in ScottsdaleIf you want to save money, the best way to find affordable Hyundai Sonata insurance in Scottsdale is to do an annual price comparison from providers who provide auto insurance in Arizona.

  1. Try to comprehend auto insurance and the things you can change to prevent expensive coverage. Many policy risk factors that increase rates such as distracted driving and poor credit history can be rectified by making lifestyle changes or driving safer.
  2. Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like GEICO or Allstate, while independent agents can quote prices from multiple sources.
  3. Compare the new quotes to your current policy to determine if you can save on Sonata insurance. If you find a lower rate, make sure coverage does not lapse between policies.

One key aspect when comparing rates is to use identical coverage information on every price quote and and to get prices from as many companies as feasibly possible. This helps ensure the most accurate price comparison and plenty of rates choose from.

It’s a known fact that insurance companies don’t want you to look for cheaper rates. People who get comparison quotes once a year will, in all likelihood, switch to a new company because of the high probability of finding discount prices. A survey found that people who routinely shopped around saved approximately $3,400 over four years compared to other drivers who never shopped for cheaper rates.

If finding the lowest rates on Hyundai Sonata insurance in Scottsdale is the reason for your visit, then learning about how to get price quotes and compare car insurance can help you succeed in finding affordable rates.

Finding the cheapest coverage in Scottsdale can initially seem challenging. Practically everyone who compares rates for auto insurance will most likely be able to cut their insurance bill. But Arizona drivers can benefit from knowing the methods companies use to market insurance on the web and use it to find better rates.

Detailed insurance information

The coverage table displayed below highlights different coverage costs for Hyundai Sonata models. Knowing how policy premiums are figured is important for you to make smart choices when selecting a policy.

Hyundai Sonata Insurance Rates in Scottsdale, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $210 $388 $458 $28 $136 $1,220 $102
Sonata GLS 4-Dr Sedan $210 $388 $458 $28 $136 $1,220 $102
Sonata GLS 4-Dr Sedan $210 $388 $458 $28 $136 $1,220 $102
Sonata SE 4-Dr Sedan $210 $456 $458 $28 $136 $1,288 $107
Sonata SE 4-Dr Sedan $210 $456 $458 $28 $136 $1,288 $107
Sonata Limited 4-Dr Sedan $236 $456 $458 $28 $136 $1,314 $110
Sonata Limited 4-Dr Sedan $236 $456 $458 $28 $136 $1,314 $110
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rates do not factor in vehicle garaging location which can decrease or increase coverage rates greatly.

Physical damage deductibles

One of the most common insurance questions is which deductible level should you buy. The following tables outline the price difference of buying low and high coverage deductibles. The first table uses a $100 comprehensive and collision deductible and the second price chart uses a $1,000 deductible.

Hyundai Sonata insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $258 $466 $338 $20 $102 $1,209 $101
Sonata GLS 4-Dr Sedan $258 $466 $338 $20 $102 $1,209 $101
Sonata GLS 4-Dr Sedan $258 $466 $338 $20 $102 $1,209 $101
Sonata SE 4-Dr Sedan $258 $548 $338 $20 $102 $1,291 $108
Sonata SE 4-Dr Sedan $258 $548 $338 $20 $102 $1,291 $108
Sonata Limited 4-Dr Sedan $292 $548 $338 $20 $102 $1,325 $110
Sonata Limited 4-Dr Sedan $292 $548 $338 $20 $102 $1,325 $110
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Hyundai Sonata insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $144 $246 $338 $20 $102 $850 $71
Sonata GLS 4-Dr Sedan $144 $246 $338 $20 $102 $850 $71
Sonata GLS 4-Dr Sedan $144 $246 $338 $20 $102 $850 $71
Sonata SE 4-Dr Sedan $144 $290 $338 $20 $102 $894 $75
Sonata SE 4-Dr Sedan $144 $290 $338 $20 $102 $894 $75
Sonata Limited 4-Dr Sedan $162 $290 $338 $20 $102 $912 $76
Sonata Limited 4-Dr Sedan $162 $290 $338 $20 $102 $912 $76
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Rate information does not factor in specific location information which can raise or lower rates considerably.

Based on this data, using a $100 deductible will cost you approximately $32 more each month or $384 every year than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 28 months between claims, you would save money if you choose a higher deductible.

How to determine if higher deductibles are a good idea

Average monthly premium for $100 deductibles: $106
Average monthly premium for $1,000 deductibles (subtract): – $74
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 28 months

An important thing to remember is that a higher deductible means you will have to cover more of the damage yourself when you have to file a claim. You need to have access to more funds in order to pay more to get your vehicle repaired.

The chart below shows how choosing a deductible and can influence Hyundai Sonata insurance prices for different age categories. The rates are based on a married male driver, comp and collision included, and no policy discounts are applied.

Annual premiums for males compared to females

The chart below compares Hyundai Sonata insurance costs for male and female drivers. The data assumes no tickets, no at-fault accidents, full physical damage coverage, $1,000 deductibles, marital status is single, and no additional discounts are factored in.

Rate comparison of full coverage and liability-only

The example below shows the comparison of Hyundai Sonata insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The rate quotes are based on no accidents, no driving violations, $500 deductibles, drivers are not married, and no discounts are applied to the premium.

When to stop buying comprehensive and collision coverage

There is no specific rule to drop physical damage insurance, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s say your Hyundai Sonata replacement cost is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $3,000 after paying your policy deductible. If you are currently paying more than $300 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.

There are some circumstances where only buying liability is not in your best interest. If you haven’t paid off your loan, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should maintain full coverage.

Why Informed Drivers Pay Less for Hyundai Sonata Insurance

The best way to find cheaper insurance is to take a look at some of the things that help calculate the rates you pay for insurance. If you know what positively or negatively impacts your premiums, this allows you to make good choices that could result in much lower annual insurance costs.

Alarms and GPS tracking lower prices – Owning a car with anti-theft technology or alarm system can help lower your premiums. Theft prevention devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart car theft.

Your address can influence price – Living in a small town can save you money when trying to find low car insurance rates. Fewer drivers and short commutes corresponds to lower accident rates and also fewer theft and vandalism claims. Drivers who live in large Arizona cities regularly have more aggressive driving styles and a longer drive to work. Higher commute times means more chances of being involved in an auto accident.

Don’t cancel your insurance policy without a new one in place – Driving without insurance is illegal and insurance companies will penalize you for letting your insurance lapse. And not only will your rates increase, not being able to provide proof of insurance might get you a revoked license or a big fine. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Arizona motor vehicle department.

Only buy what you need – There are a lot of additional extra coverages that sound like a good idea at the time on your Sonata policy. Things like replacement cost coverage, high-cost glass coverage, and extra equipment coverage are some examples. You may think they are a good idea when deciding what coverages you need, but if you don’t need them remove them and pocket the money.

Know your vehicle’s safety rating – Safe vehicles get lower rates. Safe vehicles reduce the chance of injuries and reduced instances of injuries means less money paid by your insurance company which can result in lower premiums.

Loss statistics for a Hyundai Sonata – Insurers analyze claim trends for every vehicle to help calculate a profitable premium rate. Vehicles that statistically have higher frequency or amount of claims will cost more for specific coverages.

The table below illustrates the actual insurance loss data for Hyundai Sonata vehicles. For each policy coverage type, the loss probability for all vehicles, without regard to make or model, is set at 100. Numbers below 100 suggest a positive loss record, while values that are 100 or greater show a trend for more claims or an increased likelihood of larger losses.

Insurance Loss Ratings for Hyundai Sonata Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Hyundai Sonata 129 88 101 138 149 110
Hyundai Sonata Hybrid 142 116 119 124 138 121

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

Scottsdale car insurance companies ranked

Finding a high-quality car insurance provider is difficult considering how many companies sell coverage in Arizona. The company information shown below could help you pick which car insurance providers you want to consider comparing rates with.

Top 10 Scottsdale Car Insurance Companies Ranked by Customer Service

  1. State Farm
  2. GEICO
  3. The Hartford
  4. Mercury Insurance
  5. Progressive
  6. The General
  7. Allstate
  8. AAA Insurance
  9. American Family
  10. Nationwide

Top 10 Scottsdale Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. The General
  8. Titan Insurance
  9. Progressive
  10. Mercury Insurance

Affordable insurance premiums are possible

As you quote Scottsdale car insurance, never buy poor coverage just to save money. In many cases, an insured cut comprehensive coverage or liability limits only to regret at claim time that it was a big mistake. The proper strategy is to purchase plenty of coverage at the lowest possible cost while not skimping on critical coverages.

Throughout this article, we presented a lot of techniques to save on Hyundai Sonata insurance in Scottsdale. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding the cheapest Hyundai Sonata rate quotes. You may even be surprised to find that the lowest rates come from a smaller regional carrier. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.

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