How Much are Insurance Quotes for a Hyundai Santa Fe in Nevada?

Your chances of finding cheaper insurance for a Hyundai Santa Fe in Nevada depends upon a whole bunch of factors such as the safety features of your vehicle, if you are currently insured, and if you had any at-fault accidents in the last few years. Nevada drivers pay on average $1,070 every 12 months for Santa Fe insurance, but that rate is an estimate assuming a 40-year-old single male driver who requires full comprehensive and collision coverage and $250 physical damage deductibles.

When projecting a rate like this, the problem is that you are not 40 and maybe not even a male, maybe you are married instead of single, or you want lower deductibles. There is no one cookie-cutter policy that works for everyone, so the best way to quote cheap car insurance rates for your Hyundai is to just compare rates yourself.

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Vehicle trim level tends to have a direct impact on price, so the rate you will pay to insure a Santa Fe GLS 2WD will be $142 less than the price to insure the fancier Santa Fe Limited 4WD version, as shown in the chart below.

Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price information does not factor in Nevada location which can increase or decrease premiums substantially.

Finding a good quality auto insurance provider can be challenging considering how many choices you have in Nevada. The ranking data below may help you choose which car insurance providers you want to consider when shopping your coverage around. The ratings below include large, nationwide insurance companies, so smaller regional companies will not be included in these rankings.

Top 10 Large Auto Insurers in Nevada Ranked by Claims Service

1. State Farm
2. Esurance
3. AAA Insurance
4. Progressive
5. GEICO
6. Liberty Mutual
7. Allstate
8. Titan Insurance
9. The Hartford
10. Mercury Insurance

Top Companies for Hyundai Santa Fe Insurance in Nevada

Comparison of full coverage and liability-only policies

Finding cheap insurance for a Hyundai Santa Fe in Nevada is the goal of the majority of drivers, and one common way to buy cheaper insurance is to buy liability only. The chart below shows the comparison of auto insurance costs with full phyical damage coverage and with liability coverage only. The premium estimates are based on a clean driving record, no claims, $1,000 deductibles, drivers are not married, and no discounts are factored in.

On average, physical damage insurance costs an additional $1,532 per year more than carrying just liability coverage. That is a large expense and it proposes the question if buying full coverage is worth the money. There isn’t a written rule of when to phase out full coverage, but there is a general convention. If the annual cost of your full coverage insurance is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

Rate increases following a ticket or accident

The easiest way to enjoy the most affordable auto insurance premiums in Nevada for a Santa Fe is to be a cautious driver and have a clean driving record. The example below highlights how speeding tickets and at-fault fender-benders raise insurance costs for different categories of driver ages. The premiums assume a single male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.

In the previous chart, the average cost of auto insurance in Nevada per year with no violations or accidents is $2,298. Factor in one speeding ticket and the average cost rises to $2,585, an increase of $287 each year. Now throw in two accidents along with the one speeding ticket and the annual cost of auto insurance for a Hyundai Santa Fe increases to an average of $4,943. That’s an increase of $2,645, or $220 per month, just for being a little careless behind the wheel!

How to find cheap insurance for a Hyundai Santa Fe in Nevada

Below you’ll find some of the recommended money-saving solutions that can help Nevada drivers find low-cost coverage.

• Do not waste money insuring older vehicles for full coverage
• Bundle home and auto and earn a discount
• Buy a safer vehicle
• Avoid accidents and claims
• Drivers with good credit ratings often pay less
• Comparison shop frequently

The last tip in the list is incredibly critical, as was stressed in the prior article. Auto insurance rates in Nevada change a lot, so don’t be tentative to buy from a new company if you can save money.

Loyalty to a specific company is fine, but it’s not a great idea if that dedication is costing potentially thousands of dollars a year. Now is a great time to compare rates to find cheaper car insurance for a Hyundai Santa Fe.

Best cheap Hyundai Santa Fe insurance quotes

Thanks to the internet, there are a lot of ways to find cheap auto insurance in Nevada, but the most frequently used methods are through an exclusive agency such as State Farm or Liberty Mutual, an independent insurance agent, or buying direct from a company like Geico or Progressive.

Each way is similar, but each is slightly different in how they function.

Independent agencies are appointed by several companies and can quote your policy with each one. These types of agencies can sell policies from many different companies and can compare multiple rates, which can give you improved odds of finding cheaper coverage. If your agent finds better pricing, they can switch companies in-house which prevents you from having to find a new agency.

An exlusive, or captive, agency is usually restricted to a single company, examples being an Allstate or State Farm agent. These agents are not able to provide a range of price quotes, which does not give you the best rate comparison.

If you choose to buy auto insurance direct, you skip an independent or exclusive agent and buy buying direct from a company like Progressive or Geico. Shopping for auto insurance direct can be good for people who have limited assets and have a decent understanding of what auto insurance covers and what it doesn’t.

So what is the best way to buy cheap insurance for a Hyundai Santa Fe in Nevada? We’d like to tell you buying from a direct car insurance company results in the best prices since there is no middleman, but that is generally not the case. We could also say that buying auto insurance from an independent agent is the best way to save since they have more companies to choose from, but again, it’s not necessarily true. In a lot of cases, exclusive agents have coverage prices that other auto insurance companies cannot touch.

Due to that fact that auto insurance uses so many rating variables, the only true way to buy the cheapest policy is to compare, compare, and compare some more. Put in the effort to get price quotes all three ways to have the best rate selection. For a list of companies with some of the cheapest Nevada auto insurance rates, click here to view.