Who Has Cheap Insurance for a Hyundai Elantra in Alaska?

Our content editors always give us grief that when writing about car insurance, the word cheap should not appear anywhere in the article to describe car insurance prices. Unfortunately, cheap auto insurance for a Hyundai Elantra does not exist. Don’t let that discourage you, because we can show you some ways you can still get auto insurance that is more affordable.

The chances of buying the best cheap auto insurance for a Hyundai Elantra in Alaska is dependent upon a complicated rating formula that uses factors such as if you are single or married, if you have ever had a coverage lapse, and any past driving violations you may have had. Drivers in Alaska pay on average $690 every 12 months to insure their Elantra, but that cost is an estimate based upon a 30-year-old single male driver that includes both comprehensive and collision coverage and $1,000 deductibles.

More than likely, you are not 30 and possibly not even male, maybe you are married instead of single, and maybe your credit level is not the same as what was rated. This example demonstrates why the best way to quote cheap insurance rates for your Hyundai is to comparison shop your policy at each renewal.

Find Cheaper Hyundai Elantra Insurance

The specific trim level will most likely have an effect on price, so the price you will be charged to insure a Elantra GLS Touring Station Wagon will be $56 less than the price to insure the higher-priced Elantra SE Touring Station Wagon trim level, as shown in the prices below.

Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Premium costs do not factor in specific Alaska garaging location which can lower or raise auto insurance rates substantially.

Ending up with the right insurer can be difficult considering how many companies sell insurance in Alaska. The company information displayed below can help you select which auto insurance companies you want to consider purchasing coverage from. These rankings are only made up of the largest auto insurers in America, so companies that focus mainly on Alaska business are not taken into consideration for the list.

Get discounts on Alaska auto insurance

Car insurance companies that sell cheap insurance for a Hyundai Elantra in Alaska could also offer policy discounts that can reduce rates by as much as 35% or more if you meet specific eligibility requirements. A list of companies and some of the discounts are detailed below.

• Travelers policyholders can earn discounts including student away at school, good student, early quote, driver training, and multi-policy.
• 21st Century may include discounts for early bird, air bags, student driver, anti-lock brakes, driver training, automatic seat belts, and homeowners.
• State Farm has discounts for multiple autos, Steer Clear safe driver discount, anti-theft, driver’s education, good student, and good driver.
• GEICO may have discounts that include seat belt use, federal employee, five-year accident-free, daytime running lights, and air bags.
• SAFECO offers discounts including teen safety rewards, safe driver, multi-car, anti-lock brakes, and teen safe driver.
• AAA may offer discounts for education and occupation, anti-theft, good driver, multi-car, and good student.

The example below shows the difference between car insurance costs with and without discounts applied to the policy rates. The price estimates are based on a female driver, no violations or claims, Alaska state minimum liability limits, full coverage, and $100 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with vehicle safety, passive restraint, multiple policy, accident-free, claim-free, and defensive driving course discounts applied. When drivers qualify for the discounts, the average savings per year on insurance for a Hyundai Elantra is 28% or $522.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 2781,2005],[‘Age 30’, 1923,1397],[‘Age 40’, 1787,1291],[‘Age 50’, 1559,1133],[‘Age 60’, 1511,1095],[‘Age 70’, 1759,1269]]);var options = {title: ‘Insurance Premium Comparison for a Hyundai Elantra’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Insurance Cost for a Hyundai Elantra in Alaska’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

The illustration below illustrates how your deductible choice can impact insurance premiums when searching for cheap insurance for a Hyundai Elantra. The premiums are based on a married female driver, full coverage, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2189,1993,1773,1565],[‘Age 30’, 1537,1397,1237,1083],[‘Age 40’, 1517,1381,1225,1079],[‘Age 50’, 1329,1211,1079,951],[‘Age 60’, 1267,1155,1027,903],[‘Age 70’, 1369,1245,1111,985]]);var options = {title: ‘Comparison of Deductible Levels and Hyundai Elantra Insurance Rates in Alaska’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Hyundai Elantra’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

In the chart above, a 30-year-old driver could reduce rates by $292 a year by changing from a $100 deductible up to a $500 deductible, or save $438 by selecting a $1,000 deductible. Young drivers, such as the Age 20 example, have the ability to save as much as $624 every year just by using higher deductibles. When increasing deductibles, it will now be necessary to have enough in a savings account to be able to cover the extra out-of-pocket expense. That is the one drawback of using higher deductibles.

How to get cheap insurance for a Hyundai Elantra in Alaska

Here are some of the recommended money-saving suggestions that can help you get cheap car insurance.

• Drive a car with a high safety rating
• Accidents can significantly increase rates
• Save money by observing traffic laws and speed limits
• Avoid price increases by not filing claims
• Home or renters coverage can save on auto insurance
• Comparison shop frequently

The last tip in the list is extremely necessary, as we hit on in the article above. Prices change frequently, so don’t be hesitant to buy from a new company if a more affordable rate is found. Many consumers stick with the same company and that’s fine, but we do not recommend it if that devotedness results in you overpaying a small fortune. Take a couple minutes and compare prices and find cheaper insurance for a Hyundai Elantra.