Do you think you bought an overpriced auto insurance policy? You’re preaching to the choir because there are many people just like you.
Inconceivable but true, nearly 70% of drivers have been with the same company for four years or more, and practically 40% of auto insurance customers have never quoted rates to find affordable coverage. Consumers in Arizona could save themselves $733 a year, but they think it’s difficult to compare rate quotes.
Numerous car insurance companies battle for your insurance dollar, and because of this it can be hard to compare car insurance companies and get the definite lowest rate on Hyundai Sonata Hybrid insurance in Phoenix.
Best companies for Hyundai Sonata Hybrid insurance
The providers in the list below have been selected to offer free quotes in Arizona. If multiple companies are listed, we suggest you get prices from several of them to get a more complete price comparison.
Why Smart Buyers Pay Less for Hyundai Sonata Hybrid Insurance
Smart consumers have a good feel for the rating factors that help determine insurance rates. If you know what controls the rates you pay, this helps enable you to make changes that may reward you with much lower annual insurance costs.
The factors shown below are a few of the “ingredients” used by your company to calculate your rate level.
Single drivers take more risk – Being married may save some money on insurance. Having a spouse usually means you are more stable financially and it’s proven that married drivers get in fewer accidents.
Cut insurance rates and deter theft – Purchasing a vehicle with an alarm system can save you some money. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder vehicle theft.
Higher prices for stressful occupations – Jobs such as fire fighters, air traffic controllers, and medical professionals have higher premium rates in part from stressful work requirements and lots of time spent at work. On the flip side, jobs like actors, historians and retirees receive lower rates.
Discounts for auto and home policies – The majority of insurers apply a discount to policyholders that have more than one policy in the form of a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. If you currently are using one company, drivers will still want to compare other company rates to guarantee you are still saving the most. You may still be able to save more without the discount by splitting coverages up.
Hyundai Sonata Hybrid historical loss data – Insurers analyze the history of losses when setting rates for each model. Vehicles that are shown to have higher claim frequency or loss amount will cost more to insure. The information below illustrates the historical insurance loss data for Hyundai Sonata Hybrid vehicles.
For each coverage category, the loss probability for all vehicles, as a total average, is a value of 100. Numbers below 100 represent a good loss history, while numbers above 100 point to more losses or an increased chance of larger losses than average.
Car Insurance Loss Data for Hyundai Sonata Hybrid Models
|Specific Hyundai Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Hyundai Sonata Hybrid||142||116||119||124||138||121|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Discount Phoenix auto insurance rates
The price of auto insurance can be rather high, but there could be available discounts to help bring down the price. Larger premium reductions will be automatically applied at the time of purchase, but a few must be specifically requested before being credited.
- E-sign – Certain companies will give a small break for buying your policy digitally online.
- Anti-lock Brake System – Cars and trucks with ABS and/or traction control have fewer accidents and the ABS can save up to 10%.
- Organization Discounts – Joining a professional or civic organization can get you a small discount when getting a Phoenix auto insurance quote.
- Life Insurance – Not all auto insurance companies offer life insurance, but some may give you better prices if you take out a life insurance policy as well.
- Fewer Miles Equal More Savings – Fewer annual miles on your Hyundai can earn lower prices due to less chance of an accident.
Remember that some credits don’t apply to the overall cost of the policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you can get free auto insurance, you aren’t that lucky. Any amount of discount will definitely lower your premiums.
If you would like to choose from a list of insurers that offer multiple discounts in Phoenix, follow this link.
Buying from car insurance agents
Many people just want to talk to an insurance agent and that can be a great decision The biggest benefit of comparing auto insurance online is you may find lower premium rates and still have a local agent. And supporting local agencies is still important in Phoenix.
By using this simple form, the coverage information is transmitted to local insurance agents in Phoenix that give free quotes and help you find cheaper coverage. You don’t have to drive around because prices are sent to your email. You can most likely find cheaper rates without requiring a lot of work. If you want to quote rates for a specific company, you just need to jump over to their website to submit a rate quote request.
What type of Phoenix auto insurance agent is right for you?
When narrowing the list to find a reputable agency, you must know there are a couple different types of agents and how they function. Auto insurance agents in Phoenix are categorized either exclusive or independent agents depending on their company appointments.
Independent Auto Insurance Agencies or Brokers
Independent agents are not employed by any specific company so as a result can place your coverage with an assortment of companies and possibly get better coverage at lower prices. If they quote lower rates, they can switch companies in-house and you stay with the same agent.
When shopping rates, you will want to compare quotes from independent agents to have the best price comparison.
Below is a partial list of independent agents in Phoenix that may be able to give rate quotes.
Agents that elect to be exclusive write business for a single company like Farmers Insurance, Allstate, or State Farm. Exclusive agents are unable to provide prices from multiple companies so you might not find the best rates. Exclusive agents are usually quite knowledgeable on their company’s products which helps them sell insurance even at higher premiums.
Listed below is a short list of exclusive agencies in Phoenix that are able to give rate quotes.
Susan Cox – State Farm Insurance Agent
2715 W Northern Ave #110 – Phoenix, AZ 85051 – (602) 995-2821 – View Map
Severiano Torres III – State Farm Insurance Agent
1820 N 75th Ave #106 – Phoenix, AZ 85035 – (623) 846-0240 – View Map
Finding the right auto insurance agent needs to be determined by more than just the quoted price. Before buying a policy in Phoenix, get answers to these questions.
- Which members of your family are coverage by the policy?
- Do you qualify for any additional discounts?
- How will an accident affect your rates?
- Is the agent properly licensed in Arizona?
- Which companies do they recommend if they are an independent agency?
In the end, you can save money
When shopping online for car insurance, make sure you don’t buy less coverage just to save a little money. There have been many situations where drivers have reduced full coverage and learned later they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage at a price you can afford but still have enough coverage for asset protection.
We covered many ideas to reduce Hyundai Sonata Hybrid insurance rates online in Phoenix. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from some of the lesser-known companies. These smaller insurers may have significantly lower auto insurance rates on certain market segments as compared to the big name companies such as State Farm and Allstate.
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- Learn About Car Insurance (GEICO)
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