Who Has Cheap Insurance Quotes for a Hyundai Santa Fe in Maine?

Finding cheaper auto insurance for a Hyundai Santa Fe in Maine depends on lots of different factors like if you own your home, your current insurance company, and your motor vehicle report. Drivers in Maine will pay around $590 each year for Santa Fe insurance, but that cost is a projection based on a 40-year-old married male driver that wants both comprehensive and collision coverage and $250 deductibles.

But there is a high probability that you are not a 40-year-old male, maybe you are single instead of married, or you just prefer to insure for liability only. Every car insurance policy is unique to the driver, so the way we recommend to find cheap insurance rates for your Hyundai is to do a thorough rate comparison.

View Hyundai Santa Fe Insurance Rates

The trim level of your Santa Fe tends to have a direct effect on price, so the price you will be charged to insure a Santa Fe GLS 2WD model will be $82 less expensive the insurance cost for the more costly Santa Fe Limited 4WD model, as shown in the table below.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Maine minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Table data does not factor in garaging location in Maine which can influence premium rates greatly.

Insuring your vehicle with the top auto insurance provider is difficult considering how many different companies sell coverage in Maine. The ranking information shown next may help you analyze which insurers to look at buying from. These ratings are only comprised of large insurance companies, so companies with more of a regional focus will not be included in this list.

Full coverage versus liability only rates

Finding cheap insurance for a Hyundai Santa Fe in Maine is probably important to most people, and a good way to buy cheaper insurance is to not pay for full coverage. The chart below compares premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Maine. The premiums assume no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are factored in.

Averaged for all age groups, comprehensive and collision coverage on your policy costs $1,279 per year more than carrying just liability coverage. Many drivers may wonder when is it a good idea to stop buying full coverage. There is no definitive guideline to stop paying for physical damage insurance, but there is a guideline you can use. If the annual cost of having full coverage is more than about 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let’s assume your vehicle’s replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $8,000 after you pay the deductible. If you are paying in excess of $800 annually for full coverage, then you might want to think about dropping full coverage.

Discount Maine car insurance rates

Insurance companies that offer cheap insurance for a Hyundai Santa Fe in Maine may also provide rate discounts that could potentially reduce rates by as much as 35% if you are eligible to receive them. Large car insurance companies and some of their more popular discounts are outlined below.

• State Farm offers premium reductions for anti-theft, Drive Safe & Save, safe vehicle, accident-free, driver’s education, and student away at school.
• Liberty Mutual may have discounts that include new move discount, multi-car, good student, exclusive group savings, and multi-policy.
• American Family may include discounts for early bird, bundled insurance, air bags, good driver, Steer into Savings, TimeAway discount, and multi-vehicle.
• Progressive offers discounts for online quote discount, continuous coverage, multi-vehicle, multi-policy, and homeowner.
• Farmers Insurance has discounts for electronic funds transfer, business and professional, distant student, alternative fuel, and good student.
• Auto-Owners Insurance discounts include multi-policy, anti-theft, safe vehicle, paperless, air bags, mature driver, and company car.
• SAFECO policyholders can earn discounts including multi-car, bundle discounts, anti-lock brakes, drive less, homeowner, and teen safe driver.

The information below shows the comparison of insurance premiums with and without discounts applied to the policy premium. The prices are based on a male driver, no violations or accidents, Maine state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with defensive driving course, multiple policy, vehicle safety, anti-theft, claim-free, and marriage discounts applied. In this example, the average amount saved each year on car insurance for a Hyundai Santa Fe is 28% or $336.

Who is cheaper: State Farm, Allstate, Geico, or Progressive?

If you want the best insurance for a Santa Fe in Maine, the first places to look would be State Farm, Allstate, Geico, and Progressive. When combined, they have nearly half of the entire U.S. auto insurance market. The table below shows some of the different options and features you can expect with each one.