Sad but true, almost 70% of drivers kept their policy with the same company for well over three years, and approximately 38% of consumers have never even compared quotes to find lower-cost rates. Fort Wayne drivers could save nearly $700 each year just by comparing rates, but they just don’t understand the actual amount they would save if they switched.
If your goal is the lowest price, then the best way to get low-cost auto insurance rates is to do a yearly price comparison from different companies in Fort Wayne.
- First, try to comprehend how insurance companies determine prices and the modifications you can make to keep rates in check. Many risk factors that result in higher rates like at-fault accidents, careless driving, and a bad credit score can be rectified by making small lifestyle or driving habit changes.
- Second, quote rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from one company like GEICO or State Farm, while independent agencies can provide prices from multiple insurance companies. Select a company
- Third, compare the quotes to your existing rates and see if there is a cheaper rate. If you find a lower rate quote, make sure coverage is continuous and does not lapse.
- Fourth, give proper notification to your current agent or company of your decision to cancel your current policy and submit a down payment and signed policy application for your new coverage. Once coverage is bound, put the certificate of insurance above your visor, in the console, or in the glove compartment.
The critical component of shopping around is that you’ll want to compare similar limits and deductibles on every quote request and and to get rates from every company you can. This guarantees the most accurate price comparison and a thorough selection of prices.
Best Hyundai Sonata insurance price quotes in Indiana
The auto insurance companies shown below provide price comparisons in Fort Wayne, IN. To find the best car insurance in IN, we suggest you visit two to three different companies to get a more complete price comparison.
Auto insurance statistics and figures
The data table displayed next covers a range of policy rates for Hyundai Sonata models. Being aware of how prices are calculated helps drivers make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $188 | $370 | $304 | $18 | $92 | $972 | $81 |
| Sonata GLS 4-Dr Sedan | $188 | $370 | $304 | $18 | $92 | $972 | $81 |
| Sonata GLS 4-Dr Sedan | $188 | $370 | $304 | $18 | $92 | $972 | $81 |
| Sonata SE 4-Dr Sedan | $188 | $436 | $304 | $18 | $92 | $1,038 | $87 |
| Sonata SE 4-Dr Sedan | $188 | $436 | $304 | $18 | $92 | $1,038 | $87 |
| Sonata Limited 4-Dr Sedan | $212 | $436 | $304 | $18 | $92 | $1,062 | $89 |
| Sonata Limited 4-Dr Sedan | $212 | $436 | $304 | $18 | $92 | $1,062 | $89 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price estimates do not factor in specific location information which can alter insurance rates greatly.
The chart below illustrates how choosing a deductible and can increase or decrease Hyundai Sonata insurance costs for different insured age categories. The premiums are based on a married male driver, full physical damage coverage, and no discounts are applied.
Comparison of auto insurance rates by gender and age
The chart below illustrates the comparison of Hyundai Sonata insurance prices for male and female drivers. The costs are based on no accidents or driving violations, full coverage, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
Get cheaper rates with discounts
Some insurance providers don’t list every discount they offer in a way that’s easy to find, so the below list has some of the best known and also the lesser-known savings tricks you should be using when you buy Fort Wayne car insurance online. If you check and find you aren’t receiving every discount possible, you could be getting lower rates.
- Paper-free Discount – Certain insurance companies may give you up to $50 for completing your application over the internet.
- Discounts for New Vehicles – Buying a new car model can save up to 30% since newer vehicles have better safety ratings.
- Early Payment Discounts – If you can afford to pay the entire bill rather than spreading payments over time you can avoid the installment charge.
- No Charge for an Accident – Not really a discount, but some companies like Liberty Mutual and GEICO will turn a blind eye to one accident before your rates go up as long as you don’t have any claims for a set time period.
- Federal Employees – Federal government employees may reduce rates when you quote Fort Wayne car insurance with certain companies.
- Multi-car Discount – Buying insurance for multiple cars or trucks with the same company qualifies for this discount.
- Bundle and Save – If you can bundle your home and auto insurance and insure them with the same company they may give you a discount of nearly 15% which can help you find inexpensive Hyundai Sonata insurance in Fort Wayne.
- Lower Rates for Military – Being on active duty in the military can result in better prices.
- Switch and Save Discount – Some companies give discounts for switching companies prior to your current Sonata insurance policy expiration. It could save around 10% when you buy Fort Wayne car insurance online.
- Accident-Free Discounts – Drivers with accident-free driving histories pay much less in comparison with drivers with a long claim history.
Policy discounts save money, but many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, you won’t be that lucky. Any amount of discount will reduce your policy premiums.
The illustration below shows the comparison of Hyundai Sonata premium costs with and without some available policy discounts. The rates are based on a male driver, no violations or claims, Indiana state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, safe-driver, claim-free, and homeowner discounts applied.
Companies and their offered discounts can be read below.
- Progressive has savings for homeowner, multi-vehicle, online signing, continuous coverage, and multi-policy.
- AAA includes discounts for good student, pay-in-full, education and occupation, multi-policy, good driver, anti-theft, and AAA membership discount.
- Farmers Insurance policyholders can earn discounts including good student, youthful driver, early shopping, homeowner, mature driver, pay in full, and bundle discounts.
- GEICO may include discounts for membership and employees, multi-policy, five-year accident-free, emergency military deployment, multi-vehicle, seat belt use, and anti-theft.
- Esurance offers discounts including anti-theft, Pac-12 alumni, renters, Switch & Save, and paid-in-full.
- SAFECO offers premium reductions for accident prevention training, anti-theft, homeowner, teen safe driver, multi-car, and drive less.
- State Farm has discounts for Drive Safe & Save, good driver, safe vehicle, defensive driving training, accident-free, and anti-theft.
When quoting, ask each insurance company how you can save money. Discounts may not be offered everywhere. For a list of companies that offer the discounts shown above in Indiana, follow this link.
How Insurance Providers Determine Hyundai Sonata Insurance Rates
Consumers need to have an understanding of the factors that come into play when calculating your premiums. When you know what positively or negatively positively or negatively impacts your premiums, this empowers consumers to make smart changes that can earn you lower insurance prices.
- Marriage discount – Having a spouse can actually save you money compared to being single. Marriage may mean you are more mature and statistics prove married drivers tend to file fewer claims.
- Filing insurance claims can cost you more – If you’re an insured who likes to file claims you can look forward to either higher rates or even cancellation. Car insurance companies in Indiana provide the best rates to drivers who are claim-free. Auto insurance is designed for major claims that would cause financial hardship.
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Teenagers are high risk – Teen drivers in Indiana have been known to be more careless in a vehicle so they pay higher insurance rates. Parents adding a beginning driver to your insurance policy can increase premiums substantially. Older, more experienced drivers are more cautious drivers, statistically cause fewer accidents, and receive fewer citations.
The next chart uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
- Don’t cancel your insurance policy without a new one in place – Allowing your insurance policy to lapse is a sure-fire way to drive up your policy premiums. Not only will you pay higher rates, not being able to provide proof of insurance might get you a license revocation or jail time. You could then be forced to submit proof of financial responsibility or a SR-22 with the Indiana motor vehicle department.
- Liability insurance limits on your policy – A critical coverage on your policy, liability insurance kicks in when you are determined to be liable for causing damage or personal injury in an accident. It provides you with a defense in court up to the limits shown on your policy. It is affordable coverage when compared with rates for comp and collision, so do not skimp.
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Type of car determines base premiums – The performance level of the vehicle you are insuring makes a substantial difference in your rates. Economy passenger cars generally receive the lowest base rates, but many other things help determine your insurance rates.
The chart below uses these assumptions: single female driver age 40, full coverage with $250 deductibles, and no discounts or violations. It illustrates Hyundai Sonata car insurance rates compared to other models that have a range of performance rating factors.
- Policy add-ons may not be needed – There are a ton of extra add-on coverages that you can buy on your insurance policy. Insurance for replacement cost coverage, better glass coverage, and extra life insurance coverage may not be needed and are just wasting money. They may seem good initially, but your money might be better spent on other coverage so get rid of them and save.
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Hyundai Sonata insurance loss data – Insurers analyze the history of losses to help calculate a profitable premium price. Vehicles that have higher loss trends will have increased rates.
The next table illustrates the loss history for Hyundai Sonata vehicles. For each policy coverage, the loss probability for all vehicles compiled together is set at 100. Numbers under 100 indicate a favorable loss history, while numbers above 100 point to more frequent losses or an increased chance of larger losses than average.
Auto Insurance Loss Data for Hyundai Sonata Models Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Sonata 129 88 101 138 149 110 Hyundai Sonata Hybrid 142 116 119 124 138 121 BETTERAVERAGEWORSEData Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Car insurance can be complex
When it comes to the best car insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Every situation is different so your insurance should reflect that
For instance, these questions might point out whether you will benefit from professional help.
- Can I rate high risk drivers on liability-only vehicles?
- Which companies are cheaper for teen drivers?
- When can I cancel my policy?
- Are my company tools covered if they get stolen?
- Are there any extra discounts I can get?
- What is an SR-22 filing?
- Should I bundle my homeowners policy with my auto?
- Do I pay less if my vehicle is kept in my garage?
If you don’t know the answers to these questions, you may need to chat with an agent. To find an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.
Insurance is available from agents near you
Certain consumers prefer to talk to a local agent and that can be a great decision One of the best bonuses of comparing insurance prices online is the fact that drivers can get cheap rate quotes but also keep your business local.
To help locate an agent, after submitting this form (opens in new window), your information is emailed to local insurance agents in Fort Wayne who can give free rate quotes for your insurance coverage. You never need to search for an agent because prices are sent immediately to you. It’s the lowest rates and a licensed agent to talk to. If for some reason you want to compare rates for a specific company, don’t hesitate to visit that company’s website and fill out the quote form the provide.
Selecting an provider needs to be determined by more than just the bottom line cost. Any agent in Fort Wayne should have no problem answering these questions:
- Are claims handled at the agent’s location?
- Are there any discounts for paying up front?
- What is their Better Business Bureau rating?
- Does the agency provide any after hours assistance?
- Which family members are covered?
- Will the company cover a rental car if your car is getting fixed?
- Which insurance companies are they affiliated with?
Shown below are Fort Wayne auto insurance companies that may be willing to give price quote information for Hyundai Sonata insurance in Fort Wayne.
- Traxler Insurance Agency
10729 Coldwater Rd #100 – Fort Wayne, IN 46845 – (260) 494-9035 – View Map - Allstate Insurance: Justin Harkelroad
8812 Coldwater Rd – Fort Wayne, IN 46825 – (260) 489-0156 – View Map - Allstate Insurance: Susan L. Law
5308 St Joe Rd – Fort Wayne, IN 46835 – (260) 492-6254 – View Map - Nationwide Insurance: Thompson Insurance and Financial Services Inc
10355 Dawsons Creek Blvd A – Fort Wayne, IN 46825 – (260) 347-4722 – View Map
Persistence will pay off
Budget-conscious Hyundai Sonata insurance is available on the web and also from your neighborhood Fort Wayne agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not have online price quotes and most of the time these smaller companies only sell coverage through independent agents.
As you shop your coverage around, never reduce coverage to reduce premium. There have been many cases where drivers have reduced liability coverage limits to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to purchase plenty of coverage at a price you can afford, but do not sacrifice coverage to save money.
Additional articles
- Help Your Teen Be a Better Driver (State Farm)
- Vehicle Safety Ratings (iihs.org)
- Where can I buy Insurance? (Insurance Information Institute)
- Shopping for a Safe Car (Insurance Information Institute)
- Property Damage Coverage (Liberty Mutual)