Affordable Hyundai Sonata Insurance in Lubbock

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Are you burned out from not being able to afford to keep your car insured? Your situation is no different than many other Texas drivers.

Insurance quote for Hyundai Sonata in LubbockIt's a fact that auto insurance companies don't want policyholders to compare prices from other companies. Insureds who compare price quotes are inclined to buy a different policy because the odds are good of finding discount prices. A study discovered that consumers who routinely shopped for cheaper coverage saved about $70 a month compared to drivers who didn't regularly shop around.

If finding the cheapest price for car insurance in Lubbock is your intention, then learning about how to get free comparison quotes and analyze insurance premiums can help simplify the process.

You have so many auto insurance companies to pick from, and although it's a good thing to have a selection, too many choices makes it more difficult to find the lowest rates for Hyundai Sonata insurance in Lubbock.

The quickest method to get policy rate comparisons for Hyundai Sonata insurance in Lubbock is to know most of the larger companies pay for the opportunity to give rate comparisons. The only thing you need to do is provide a small amount of information such as whether you are married, the type of vehicles you drive, what you do for a living, and if you have an active license. Your information is instantly provided to many highly-rated insurers and they return quotes with very little delay.

To get price quotes for your Hyundai Sonata now, click here and enter your zip code.

The providers in the list below have been selected to offer price comparisons in Texas. If you want to find cheap car insurance in Lubbock, it's highly recommended you click on several of them to get the cheapest price.

Detailed insurance information

The price information below showcases a range of prices for Hyundai Sonata models. Having a good grasp of how premiums are established can help you make informed decisions when comparing rates.

Hyundai Sonata Insurance Rates in Lubbock, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $282 $580 $486 $28 $146 $1,522 $127
Sonata GLS 4-Dr Sedan $282 $580 $486 $28 $146 $1,522 $127
Sonata GLS 4-Dr Sedan $282 $580 $486 $28 $146 $1,522 $127
Sonata SE 4-Dr Sedan $282 $684 $486 $28 $146 $1,626 $136
Sonata SE 4-Dr Sedan $282 $684 $486 $28 $146 $1,626 $136
Sonata Limited 4-Dr Sedan $318 $684 $486 $28 $146 $1,662 $139
Sonata Limited 4-Dr Sedan $318 $684 $486 $28 $146 $1,662 $139
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Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Premium costs do not factor in specific Lubbock garaging location which can impact premiums substantially.

Higher deductibles save money

When comparing car insurance rates, the most common question is how high or low should comp and collision deductibles be. The comparisons below illustrate the differences in premium rates between high and low deductibles. The first data table uses a $100 comprehensive and collision deductible and the second rate table uses a $500 deductible.

Hyundai Sonata insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $328 $592 $430 $26 $128 $1,529 $127
Sonata GLS 4-Dr Sedan $328 $592 $430 $26 $128 $1,529 $127
Sonata GLS 4-Dr Sedan $328 $592 $430 $26 $128 $1,529 $127
Sonata SE 4-Dr Sedan $328 $698 $430 $26 $128 $1,635 $136
Sonata SE 4-Dr Sedan $328 $698 $430 $26 $128 $1,635 $136
Sonata Limited 4-Dr Sedan $370 $698 $430 $26 $128 $1,677 $140
Sonata Limited 4-Dr Sedan $370 $698 $430 $26 $128 $1,677 $140
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Hyundai Sonata insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $240 $400 $430 $26 $128 $1,224 $102
Sonata GLS 4-Dr Sedan $240 $400 $430 $26 $128 $1,224 $102
Sonata GLS 4-Dr Sedan $240 $400 $430 $26 $128 $1,224 $102
Sonata SE 4-Dr Sedan $240 $472 $430 $26 $128 $1,296 $108
Sonata SE 4-Dr Sedan $240 $472 $430 $26 $128 $1,296 $108
Sonata Limited 4-Dr Sedan $270 $472 $430 $26 $128 $1,326 $111
Sonata Limited 4-Dr Sedan $270 $472 $430 $26 $128 $1,326 $111
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Rate information does not factor in specific garaging location which can impact auto insurance rates substantially.

Based on the figures above, using a $100 deductible costs roughly $27 more each month or $324 annually across all Hyundai Sonata models than quoting the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 15 months between claims, you would come out ahead if you choose a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $133
Average monthly premium for $500 deductibles (subtract): - $106
Monthly savings from raising deductible: $27
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $27
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One important caveat is that increasing deductibles to lower your rates means you pay more out-of-pocket when you have a physical damage claim. You need to have some funds available in the event you need to pay the deductible.

Impact of careless driving on car insurance rates

The illustration below demonstrates how traffic citations and accidents impact Hyundai Sonata auto insurance rates for different categories of driver ages. The price estimates are based on a married male driver, full coverage, $500 deductibles, and no discounts are applied to the premium.

Here's why insurance is not optional

Despite the high insurance cost for a Hyundai Sonata in Lubbock, insurance may be required and benefits you in several ways.

  • Most states have minimum liability requirements which means you are required to carry a specific level of liability if you want to drive legally. 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.
  • If you bought your Hyundai with a loan, almost all lenders will stipulate that you buy full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank may insure your Hyundai at a much higher rate and make you pay much more than you were paying before.
  • Insurance safeguards not only your Hyundai Sonata but also your financial assets. It will also provide coverage for most medical and hospital costs for not only you but also any passengers injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If you have damage to your Hyundai as the result of the weather or an accident, collision and comprehensive coverages will pay to have it repaired.

The benefits of buying insurance more than cancel out the cost, specifically if you ever have a liability claim. But the average American driver is wasting up to $865 each year so it's recommended you shop around at every renewal to be sure current rates are still competitive.

Informed Consumers Can Slash Their Insurance Costs

Part of the auto insurance buying process is learning some of the things that aid in calculating the rates you pay for auto insurance. When you know what positively or negatively positively or negatively impacts your premiums, this helps enable you to make changes that may reward you with big savings.

Premiums are high for teenagers - Older people tend to be more responsible, tend to cause fewer accidents, and usually have better credit. Drivers with little experience have a tendency to be easily distracted when driving therefore auto insurance rates are much higher.

The following data uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Higher coverage deductibles lower rates - Physical damage insurance, aka comp and collision, covers damage that occurs to your Hyundai. Some examples of covered claims would be collision with another vehicle, hitting a deer, or theft. The deductibles define how much you are required to spend out-of-pocket if a covered claim is submitted. The more expense the insured is willing to pay, the less your company will charge you for insurance.

Safeguard your assets with liability protection - The liability coverage on your policy provides coverage in the event that you are found to be at fault for personal injury or accident damage. Your liability coverage provides you with a defense in court starting from day one. Liability insurance is quite affordable compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.

Fast cars cost more to insure - The performance of the car, truck or SUV you drive makes a significant difference in determining your rates. Smaller low performance passenger models normally have pretty low rates, but the final cost of insurance is determined by many other factors.

The next chart uses these assumptions: married female driver age 30, full coverage with $250 deductibles, and no discounts or violations. It compares Hyundai Sonata rates compared to other vehicles that have different risk factors.

Coverage lapses raise auto insurance rates - Driving any period of time without insurance can get your license suspended and your next policy will cost more because you let your insurance lapse. In addition to paying higher rates, getting caught without coverage could earn you fines or a revoked license.

Insurance losses for a Hyundai Sonata - Insurers analyze the history of losses to help calculate premium costs. Vehicles that are shown to have a trend towards higher claims will have a higher cost to insure. The data below shows the insurance loss data used by companies for Hyundai Sonata vehicles.

For each coverage category, the statistical loss for all vehicles, as an average, is represented as 100. Values that are under 100 imply a favorable loss record, while percentages above 100 indicate higher probability of having a loss or statistically larger losses.

Hyundai Sonata Insurance Claim Statistics
Vehicle Make and 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

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

Lower rates by qualifying for discounts

Auto insurance is neither fun to buy or cheap, but you might find some hidden discounts that could help you make your next renewal payment. Certain discounts will be applied at quote time, but some discounts are required to be manually applied before you get the savings.Discount auto insurance

  • New Vehicle Savings - Buying coverage on a new vehicle may earn a small discount compared to insuring an older model.
  • Anti-theft Discount - Vehicles with anti-theft systems are less likely to be stolen so companies will give you a small discount.
  • Federal Government Employee - Being employed by or retired from a federal job can save as much as 8% depending on your auto insurance provider.
  • One Accident Forgiven - This one is not really a discount per se, but some insurance companies will allow you to have one accident before your rates go up so long as you are claim-free prior to being involved in the accident.
  • Professional Organizations - Being a member of a qualifying organization could qualify you for a break on your policy.
  • Multi-car Discount - Insuring several vehicles on a single policy could earn a price break for each car.
  • Lower Rates for Military - Being on active deployment in the military could qualify you for better premium rates.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, nobody gets a free ride.

The illustration below compares Hyundai Sonata premium costs with and without discounts applied to the rates. The costs are based on a male driver, no accidents, no driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-policy, safe-driver, multi-car, and marriage discounts applied.

Companies and a selection of discounts are shown below.

  • State Farm may offer discounts for good student, accident-free, anti-theft, multiple policy, and driver's education.
  • GEICO discounts include defensive driver, anti-theft, seat belt use, emergency military deployment, five-year accident-free, and military active duty.
  • SAFECO has savings for multi-car, teen safety rewards, drive less, homeowner, anti-theft, bundle discounts, and safe driver.
  • Farmers Insurance may have discounts that include teen driver, electronic funds transfer, alternative fuel, pay in full, multi-car, distant student, and early shopping.
  • AAA may include discounts for multi-car, good driver, multi-policy, anti-theft, and good student.
  • USAA includes discounts for military installation, family discount, safe driver, multi-vehicle, and loyalty savings.

Before purchasing a policy, check with every insurance company the best way to save money. Depending on the company, some discounts may not be available everywhere. To locate providers that offer some of these discounts in Texas, click here to view.

Shop online but buy locally

Certain consumers would rather visit with an insurance agent and that can be a smart move One of the benefits of comparing insurance online is the fact that drivers can get cheap insurance quotes and still choose a local agent.

Insurance agents in LubbockTo make it easy to find an agent, after completing this simple form, the quote information is immediately sent to insurance agents in Lubbock who will give competitive quotes for your coverage. There is no need to contact any agents because prices are sent to the email address you provide. Get lower rates without the usual hassles of price shopping. If you wish to get a comparison quote from a specific company, you would need to visit that company's website and give them your coverage information.

Picking the best insurance company needs to be determined by more than just the bottom line cost. These are some questions you should get answers to.

  • Will their companies depreciate repairs to your car based on the mileage?
  • Do they receive special compensation for putting your coverage with one company over another?
  • Are claim adjusters local or do you have to take your car somewhere else?
  • How much will you save each year by using a higher deductible?
  • How long have they been in business?
  • What are the financial ratings for the companies they represent?
  • How experienced are they in personal risk management?
  • Will they make sure you get an adequate claim settlement?

Upon receiving good feedback to any questions you may have and a good coverage price, it's a good possibility that you have found an insurance company that is a good match to properly service your insurance policy. Just keep in mind policyholders can cancel your policy whenever you choose to so never assume you are locked into a specific agent with no way out.

Find cheap insurance prices by comparing often

Cheaper Hyundai Sonata insurance in Lubbock is attainable online as well as from insurance agents, and you need to comparison shop both to have the best rate selection. Some companies do not provide rate quotes online and most of the time these regional insurance providers only sell coverage through local independent agents.

You just learned quite a bit of information on how to find lower-cost Hyundai Sonata insurance in Lubbock. The most important thing to understand is the more rate comparisons you have, the better chance you'll have of finding inexpensive Lubbock car insurance quotes. Consumers could even find that the most savings is with a small mutual company. Regional companies often have lower car insurance rates on specific markets as compared to the big name companies such as Allstate, GEICO and Progressive.

How to buy cheaper Hyundai Sonata insurance in Lubbock

The best way to get budget Hyundai Sonata insurance is to regularly compare quotes from providers who sell auto insurance in Lubbock.

Step 1: Learn about policy coverages and the measures you can take to keep rates low. Many rating factors that cause high rates like at-fault accidents and a bad credit rating can be controlled by being financially responsible and driving safely.

Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give prices from one company like Progressive and State Farm, while independent agencies can provide price quotes from multiple companies.

Step 3: Compare the new rate quotes to your existing rates and determine if there is any savings. If you find better rates and switch companies, ensure there is no coverage lapse between policies.

An important part of this process is to make sure you're comparing the same deductibles and limits on each quote and and to get rate quotes from as many companies as feasibly possible. Doing this guarantees the most accurate price comparison and a complete selection of prices.

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