Auto Insurance Rates for a Hyundai Azera in Tampa

It’s an obvious assumption that car insurance companies don’t want you shop around. Consumers who shop around for cheaper prices are inclined to switch auto insurance companies because there is a good probability of finding a more affordable policy premium. A recent auto insurance study revealed that drivers who regularly shopped around saved as much as $3,400 over four years compared to other drivers who never compared rates.

If finding the lowest price on Hyundai Azera insurance is your target objective, then having some knowledge of the best way to shop and compare insurance rates can save money and time.

If you want to save money, the best way to get cheaper car insurance rates is to start comparing rates regularly from insurance carriers who sell insurance in Tampa.

First, try to learn about how companies price auto insurance and the measures you can control to drop your rates. Many rating factors that increase rates such as traffic violations, accidents, and a poor credit rating can be eliminated by making minor changes to your lifestyle.

Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from a single company like Progressive and State Farm, while independent agencies can quote prices for a wide range of companies. View prices

Third, compare the new rates to your existing rates and determine if there is any savings. If you can save money, ensure there is no coverage lapse between policies.

A good tip to remember is to use similar limits and deductibles on each quote request and and to get quotes from all possible companies. Doing this ensures the most accurate price comparison and a complete price analysis.

Most of the larger companies such as GEICO, State Farm and Progressive give prices for coverage directly from their websites. Doing online price comparisons for Hyundai Azera insurance in Tampa is pretty painless as all you need to do is type in your required coverages as detailed in the form. Once entered, their system automatically orders your driving and credit reports and generates pricing information based on the data you entered. Getting online rates for Hyundai Azera insurance in Tampa makes it a lot easier to compare rates and it’s very important to compare as many rates as possible if you are searching for the most affordable premium.

To save time and compare rates now, visit the companies below or click here to submit a quote request to multiple companies at once. If you have your current policy handy, we recommend you replicate coverages and limits identical to your current policy. Doing this guarantees you will be getting a fair comparison for similar insurance coverage.

The companies shown below provide quotes in Florida. If you wish to find cheap auto insurance in Tampa, we suggest you visit as many as you can to get a more complete price comparison.

Tampa auto insurance discounts

Companies offering auto insurance don’t list the entire discount list very well, so we researched a few of the more well known and the harder-to-find credits available to you.

• Drive Less and Save – Low annual miles could qualify for discounted premium rates on garaged vehicles.
• Payment Discounts – By paying your policy upfront rather than paying in monthly installments you could save 5% or more.
• Discounts for Multiple Vehicles – Drivers who insure more than one vehicle with one company can reduce rates for all insured vehicles.
• Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of more than 20%.
• Early Renewal Discounts – A few auto insurance companies give discounts for buying a new policy prior to your current Azera insurance policy expiration. You could save around 10% when you buy Tampa auto insurance online.
• Senior Discount – Older drivers could receive a discount up to 10%.
• Waiver for an Accident – Not a discount per se, but companies like State Farm and GEICO will allow you to have one accident before raising your premiums so long as you are claim-free for a set time period.
• Tampa Homeowners Discount – Just being a homeowner can help you save on auto insurance because maintaining a house means you have a higher level of financial diligence.
• Sign Online – Some insurance companies will give you a small discount for buying your policy on your computer.
• Multi-policy Discount – When you have multiple policies with the same company you may save at least 10% off all policies.

Consumers should know that most discounts do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as medical payments or collision. So when it seems like all those discounts means the company will pay you, that’s just not realistic.

The chart below visualizes the comparison of Hyundai Azera insurance costs with and without discounts applied to the premium. The information is based on a male driver, no accidents, no driving violations, Florida state minimum liability limits, comp and collision included, 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, marriage, claim-free, and homeowner discounts applied.

The best auto insurance companies and the discounts they provide are:

• State Farm may offer discounts for Steer Clear safe driver discount, good driver, multiple policy, accident-free, student away at school, and good student.
• Esurance offers premium reductions for defensive driver, Pac-12 alumni, emergency road assistance, safety device, homeowner, and renters.
• Progressive policyholders can earn discounts including online signing, multi-vehicle, multi-policy, homeowner, good student, online quote discount, and continuous coverage.
• Liberty Mutual offers discounts for multi-car, newly married, new move discount, hybrid vehicle, preferred payment discount, new vehicle discount, and safety features.
• Auto-Owners Insurance may include discounts for paid in full, anti-theft, teen driver, multi-policy, student away at school, and safe driver.
• GEICO may have discounts that include good student, seat belt use, five-year accident-free, anti-lock brakes, and federal employee.

Check with every company how many discounts you can get. Some of the earlier mentioned discounts might not apply in Tampa.

Hyundai Azera coverage statistics

The information shown next covers estimates of coverage costs for Hyundai Azera models. Having knowledge of how prices are determined can help you make decisions when shopping your coverage around.

Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Price estimates do not factor in specific location information which can modify insurance rates significantly.

Policy deductible comparison

The hardest decision when buying coverage is what deductibles to buy. The rates below can help show the premium difference when you select higher and lower deductibles. The first data set uses a $250 comprehensive and collision deductible and the second rate table uses a $500 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium costs do not factor in specific zip code location which can influence premium rates considerably.

Using the premium rates above, we can conclude that using a $250 deductible costs roughly $17 more each month or $204 a year than buying the higher $500 deductible. Due to the fact that you would have to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to go at least 15 months between claims, you would save more money by going with a higher deductible.

The diagram below highlights how deductible choice and can increase or decrease Hyundai Azera insurance rates for different age groups. The costs are based on a married male driver, comp and collision included, and no discounts are applied to the premium.

Hyundai Azera insurance costs by gender and age in Tampa

The diagram below illustrates the comparison of Hyundai Azera insurance costs for male and female drivers. The rates are based on no claims or driving violations, comprehensive and collision coverage, $500 deductibles, drivers are single, and no policy discounts are applied.

Liability only or full coverage

The information below shows the comparison of Hyundai Azera auto insurance costs when comparing full coverage to liability only. Data assumes no accidents or driving violations, $250 deductibles, single status, and no policy discounts are applied.

When to stop buying physical damage coverage

There is no written rule for phasing out 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 around 10% of replacement cost minus your deductible, then you might consider buying liability only.

For example, let’s say your Hyundai Azera replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after the policy deductible has been paid. If premiums are more than $600 annually for your policy with full coverage, then you might consider buying liability only.

There are some cases where removing full coverage is not in your best interest. If you still have a lienholder on your title, you have to maintain full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not remove full coverage.

Learn How to Quote Auto Insurance at a Discount

The best way to find cheaper auto insurance is to take a look at some of the things that come into play when calculating your premiums. If you understand what determines base rates, this enables you to make decisions that could help you find lower auto insurance prices.

The factors shown below are some of the items used by your company to calculate rates.

• Good drivers pay the best prices – Careful drivers get better rates than people who have multiple driving citations. Having just one speeding ticket or other violation may cause rates to rise twenty percent or more. Drivers who have received license-revoking citations such as hit and run, DWI or reckless driving convictions may find that they have to to complete a SR-22 with their state’s department of motor vehicles in order to legally drive a vehicle.

  The example below illustrates how traffic citations and fender-benders can affect Hyundai Azera insurance rates for different age groups. The rates are based on a married male driver, full coverage, $1,000 deductibles, and no other discounts are factored in.

• Lower deductibles cost more – Insurance for physical damage, also called comprehensive and collision insurance, is used to repair damage to your vehicle. Some examples of covered claims would be a windshield shattered by a rock, damage caused by hail, and windstorm damage. Comprehensive and collision coverage deductibles state the amount of money you are required to spend out-of-pocket if the claim is covered. The more expense you pay before a claim is paid (deductible), the bigger discount you will receive.
• Use one insurance company and save – The majority of companies allow better rates for people who have multiple policies with them, otherwise known as a multi-policy discount. The amount of the discounts can be 10 percent or more. Even with this discount applied, you still need to get quotes from other companies to help guarantee you have the best rates.

• Premiums drop with age – Older drivers are proven to be safer behind the wheel, cause fewer claims and accidents, and tend to be get fewer driving tickets. Beginning drivers tend to be less responsible when driving so auto insurance rates are higher.

  The data below is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.

• Save money with high credit – Credit score factor in determining what you pay for auto insurance. Therefore, if your credit score leaves room for improvement, you could pay less to insure your Hyundai Azera by improving your rating. Drivers with very high credit ratings tend to file fewer claims and have better driving records than drivers who have poor credit.
• Discounts for married couples – Getting married actually saves money compared to being single. It usually means you are more mature and responsible and insurance companies reward insureds because married couples file fewer claims.

• Claims statistics for a Hyundai Azera – Auto insurance companies factor in insurance loss information to calculate a price that will offset any claims. Vehicles that the data shows to have higher losses will have a higher cost to insure.

  The information below illustrates the actual insurance loss data for Hyundai Azera vehicles. For each coverage category, the claim probability for all vehicles averaged together equals 100. Percentages below 100 are indicative of better than average losses, while values over 100 point to more claims or tendency to have larger claims.

  
  

  Insurance Loss Ratings for Hyundai Azera Vehicles

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Hyundai Azera	115	83	101	99	106	91

  BETTER

  AVERAGE

  WORSE

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