Surprisingly, a recent survey revealed that almost 70% of insureds in California kept their policy with the same company for well over three years, and almost half have never shopped around. American insurance shoppers could save $859 a year, but most just don’t grasp how much money they would save if they changed companies.
The best way to save money on Hyundai Santa Fe insurance in Fresno is to begin comparing prices regularly from insurance carriers in California. Price quotes can be compared by following these steps.
- Step 1: Try to learn a little about car insurance and the changes you can make to keep rates low. Many policy risk factors that result in higher rates like at-fault accidents, speeding tickets, and a lousy credit rating can be rectified by making minor changes to your lifestyle.
- Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from one company like Progressive or Farmers Insurance, while independent agencies can quote rates for a wide range of companies.
- Step 3: Compare the new rate quotes to your current policy premium to determine if you can save on Santa Fe insurance. If you can save money and change companies, make sure coverage does not lapse between policies.
One important bit of advice is to try to compare identical limits and deductibles on every quote request and to quote with as many different insurance providers as possible. This helps ensure an accurate price comparison and and a good selection of different prices.
Where can I get cheap Fresno Hyundai Santa Fe insurance?
Lowering your auto insurance rates is actually easier than you may think. You just have to take time comparing rates provided by online insurance companies.
The companies shown below provide quotes in Fresno, CA. If you want cheap car insurance in CA, we suggest you get prices from several of them to get the most affordable price.
Car insurance statistics for a Hyundai Santa Fe
The data table displayed next outlines estimates of insurance premium costs for Hyundai Santa Fe models. Having a good grasp of how insurance prices are formulated can help customers make smart choices when comparing insurance quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Santa Fe GLS 2WD||$284||$708||$500||$30||$150||$1,672||$139|
|Santa Fe GLS 4WD||$326||$708||$500||$30||$150||$1,714||$143|
|Santa Fe SE 2WD||$326||$708||$500||$30||$150||$1,714||$143|
|Santa Fe Limited 2WD||$326||$834||$500||$30||$150||$1,840||$153|
|Santa Fe SE 4WD||$326||$834||$500||$30||$150||$1,840||$153|
|Santa Fe Limited 4WD||$370||$834||$500||$30||$150||$1,884||$157|
|Get Your Own Custom Quote Go|
Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate information does not factor in vehicle garaging location which can decrease or increase prices noticeably.
The diagram below shows how choosing a deductible and can change Hyundai Santa Fe insurance premiums for each age group. The rate quotes are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
Cost comparison with and without full coverage
The diagram below illustrates the comparison of Hyundai Santa Fe yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in California. The data assumes no claims, a clean driving record, $1,000 deductibles, drivers are single, and no other discounts are factored in.
When to drop comprehensive and collision coverage
There is no clear-cut rule for dropping physical damage coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
For example, let’s say your Hyundai Santa Fe replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $3,000 after the deductible is paid. If you are currently paying more than $300 annually for your policy with full coverage, then you might want to think about dropping full coverage.
There are some conditions where dropping full coverage is not recommended. If you still have a lienholder on your title, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
Auto insurance is not optional
Even though it’s not necessarily cheap to insure a Hyundai in Fresno, maintaining insurance is not optional due to several reasons.
- The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Santa Fe has a lienholder, almost every bank will require you to buy insurance to guarantee payment of the loan. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Hyundai at a significantly higher premium and force you to reimburse them for the expensive policy.
- Insurance safeguards not only your Hyundai but also your assets. It will also provide coverage for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability insurance will also pay for a defense attorney if you are sued as the result of your driving. If mother nature or an accident damages your car, your policy will pay to repair the damage minus the deductible amount.
The benefits of having insurance outweigh the cost, particularly when you have a large claim. The average driver in America is wasting up to $865 each year so smart consumers compare quotes at every renewal to save money.
Lower Your Fresno Insurance Rates
Many different elements are part of the equation when you quote your car insurance policy. Most are fairly basic such as traffic violations, but other factors are not quite as obvious such as your marital status or your financial responsibility. The best way to find cheaper auto insurance is to take a look at the rating factors that play a part in calculating your premiums. If you know what impacts premium levels, this helps enable you to make changes that may result in big savings.
The items below are some of the major factors companies use to determine your rate level.
Poor driving habits means higher premiums – Whether or not you get tickets influences premium rates substantially. Drivers with clean records receive lower rates than people who have multiple driving citations. Only having one citation could increase your next policy renewal by twenty percent. Drivers with severe violations like DWI, reckless driving or hit and run convictions are required to submit a SR-22 form with their state motor vehicle department in order to prevent a license revocation.
The information below shows how speeding tickets and at-fault collisions drive up Hyundai Santa Fe insurance costs for different age groups of insureds. The costs are based on a married male driver, comp and collision included, $500 deductibles, and no discounts are applied.
Does insurance cost more for men? – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. That doesn’t necessarily mean that men are worse drivers. Females and males cause auto accidents at a similar rate, but men tend to have more serious accidents. In addition to higher claims, males also get more serious tickets such as reckless driving. Males from age 16 to 21 are several times more likely to be in an accident and therefore pay the highest rates.
The information below visualizes the comparison of Hyundai Santa Fe annual premium costs for male and female drivers. The costs are based on no claims or violations, full coverage, $1,000 deductibles, single status, and no discounts are applied to the premium.
Age of drivers – Youthful drivers in California have a tendency to be inattentive with other occupants in the car therefore auto insurance rates are much higher. Older people are proven to be safer behind the wheel, tend to cause fewer accidents, and get fewer tickets.
The following data uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
Keep policy claims to a minimum – If you are the type of insured that files lots of claims you can expect higher rates. Companies in California provide discounts to people who are claim-free. Your car insurance is intended to be relied upon for more catastrophic claims.
Never let your auto insurance expire – Driving your car without having proper coverage is illegal and you will pay a penalty because you let your insurance lapse. And not only will your rates increase, not being able to provide proof of insurance may earn you fines and jail time. You will then be forced to submit proof of financial responsibility or a SR-22 with the California department of motor vehicles.
Being married pays dividends – Having a significant other may earn you lower rates on your policy. Marriage translates into being less irresponsible and statistics show being married results in fewer claims.
Physical damage deductibles are a factor – The deductibles state the amount of money you are required to pay if a covered claim is submitted. Physical damage protection, also known as collision and other-than-collision, covers damage that occurs to your car. Examples of some claims that would be covered are colliding with a stationary object, fire damage, and having a roll-over accident. The more of the claim you are required to pay out-of-pocket, the better rate you will receive.
Multi-policy discounts can save money – Most major companies afford better rates to insureds who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare other Fresno Santa Fe insurance rates to ensure the best deal. It’s possible to still find a better deal by splitting coverages up.
Insurance loss probability for a Hyundai Santa Fe – Car insurance companies analyze historical claim data when setting premium costs. Vehicles that historically have increased losses will have higher rates for specific coverages.
The data below shows the compiled insurance loss statistics for Hyundai Santa Fe vehicles. For each policy coverage type, the claim probability for all vehicles compiled together is equal to 100. Numbers below 100 are indicative of better than average losses, while values over 100 indicate more frequent losses or a tendency for claims to be larger.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Hyundai Santa Fe 4dr 2WD||91||94||82||86||92||91|
|Hyundai Santa Fe 4dr 4WD||109||115||97||96||84||94|
|Hyundai Santa Fe Sport 4dr 2WD||88||90||93||90||89||93|
|Hyundai Santa Fe Sport 4dr 4WD||95||91||110||90||96||84|
Statistics from IIHS.org for 2013-2015 Model Years
How to find a good Fresno auto insurance company
Selecting a good quality car insurance provider can be rather challenging considering how many different companies there are to choose from in Fresno. The company ratings listed below can help you select which car insurance providers you want to consider purchasing coverage from.
Top 10 Fresno Car Insurance Companies Ranked by Customer Service
- AAA of Southern California
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Top 10 Fresno Car Insurance Companies Ranked by Claims Service
- AAA of Southern California
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
One last note
We covered a lot of ways to save on Hyundai Santa Fe insurance in Fresno. The key thing to remember is the more price quotes you have, the better likelihood of getting affordable Hyundai Santa Fe insurance quotes. Consumers could even find that the best car insurance rates are with a company that doesn’t do a lot of advertising.
Insureds switch companies for a variety of reasons including policy cancellation, policy non-renewal, not issuing a premium refund or even an unsatisfactory settlement offer. Whatever your reason, switching auto insurance companies is not as difficult as it may seem.
A few companies do not offer rates over the internet and many times these smaller companies sell through local independent agents. Lower-priced Hyundai Santa Fe insurance in Fresno is possible online and from local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.
Additional auto insurance information is located below:
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Who Has Affordable Auto Insurance for State Employees in Fresno? (FAQ)
- How Much are Fresno Auto Insurance Quotes for Welfare Recipients? (FAQ)
- What Auto Insurance is Cheapest for a Dodge Ram in Fresno? (FAQ)
- What Auto Insurance is Cheapest for a Toyota Corolla in Fresno? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers with Bad Credit in Fresno? (FAQ)
- Who Has Affordable Auto Insurance After a Speeding Ticket in Fresno? (FAQ)
- Liability Insurance Coverage (Nationwide)
- Rental Car Insurance Tips (Insurance Information Institute)