Who Has Cheap Insurance Quotes for a Hyundai Sonata in Utah?

The chances of finding affordable coverage for a Hyundai Sonata in Utah hinges on lots of different factors such as your vehicle’s safety rating, if you have ever had a gap in coverage, and driving citations. Utah drivers pay an average of $930 each year to insure their Sonata, but that amount is an estimation based on cost data for a 40-year-old married male that included full physical damage coverage and $100 deductibles.

Most likely you are not a 40-year-old male, single instead of married, or you have a violation or two on your driving record. Every policy is rated specifically for the driver, so the only way to find the cheapest insurance price for your Hyundai is to make a habit of regularly comparing rates from other companies. Quotes only take a couple of minutes and you will receive rate quotes from the best companies available.

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The trim level of your Hyundai can impact the coverage cost, so the price you will pay to insure a Sonata GLS 4-Dr Sedan will be $96 lower than the insurance cost for the more costly Sonata Limited 4-Dr Sedan version, as shown in the chart below.

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Utah minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Information does not factor in vehicle garaging location which can raise or lower price quotes substantially.

Establishing which insurers offer the cheapest car insurance rates for a Hyundai Sonata will involve more time than just picking a company at random.

Each company uses a slightly different approach to set their prices, so let’s rank the car insurance companies with the most affordable rates in Utah. Keep in mind that Utah car insurance rates are determined by lots of factors that control the cost of a policy. Simply having a birthday, moving across town, or getting a ticket for running a stop sign can trigger price changes resulting in some companies being cheaper in comparison to the competition.

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Bear River generally has some of the cheapest car insurance rates in Utah at around $584 each year. USAA, Auto-Owners, American Family, and Allied are also some of the most economical Utah auto insurance companies.

In the rate table above, if you currently buy coverage from Allied and switched to USAA, you might realize an annual premium reduction of in the vicinity of $241. Utah drivers with GEICO could save as much as $256 a year, and Safeco insureds might realize rate reductions of up to $263 a year.

If you would like to find cheap insurance for a Hyundai Sonata in Utah, click here to start your custom quote or quote prices from the following companies.

Remember that these estimates are averages for all drivers and vehicles in Utah and and are not figured with a specific rating modification for a Hyundai Sonata. So the auto insurance company that fits you best may not even be featured in the chart above. That illustrates why you need to compare rates from multiple companies using your own individual information.

The diagram below demonstrates how deductibles can impact insurance rates when trying to find cheap insurance for a Hyundai Sonata. The price estimates are based on a single female driver, comp and collision included, and no other discounts are factored in.

As shown above, a 30-year-old driver could lower rates by $328 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $492 by choosing a $1,000 deductible. Younger drivers, like the age 20 example, could potentially save $738 each year just by choosing higher deductibles.

If you do make the decision to raise your deductibles, it will now be necessary to have additional funds in a savings account to satisfy the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

Rate difference between full and liability-only coverage

Finding cheap insurance for a Hyundai Sonata in Utah should be important to most people, and one of the best ways to pay lower rates for insurance is to not buy full coverage. The example below compares annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Utah. The premium estimates are based on no claims, a clean driving record, $1,000 deductibles, drivers are single, and no other discounts are factored in.

As an average for all age groups, physical damage coverage costs an additional $1,432 per year over having just liability coverage. That may make you wonder when is it a good idea to stop buying full coverage. There is no clear-cut rule to stop buying comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let’s say your vehicle’s replacement value is $5,500 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $4,500 after the deductible is paid. If you are paying more than $450 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are a few cases where buying only liability insurance is not advised. If you haven’t satisfied your loan, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.