Has it been over a year since you last compared quotes for low-cost insurance rates in Chicago, IL? Chicago shoppers have many options when shopping for the lowest priced Hyundai Azera insurance. They can either waste time contacting agents to get rate comparisons or utilize the internet to find the lowest rates.
There are both good and bad ways to buy insurance and we’ll show you the quickest way to compare rates for your Hyundai and obtain the best price possible either online or from Chicago insurance agents.
It’s a good habit to quote other rates yearly because insurance rates trend upward over time. Despite the fact that you may have had the best deal on Hyundai Azera insurance in Chicago two years ago you can probably find a lower rate today. Forget anything you know (or think you know) about insurance because you’re going to learn one of the quickest ways to lower your annual insurance bill.
If you’re already insured or just want to save money, you can use these techniques to reduce premiums without having to cut coverage. These techniques will teach you a little about how to compare rates easily and also pocket some savings Shoppers just have to understand the tricks to compare different rates on the web.
Auto insurance discounts help lower rates for Hyundai Azera insurance in Chicago
Buying auto insurance is not cheap, but you may find discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically when you quote, but some must be asked about before you will receive the discount. If you aren’t receiving every discount possible, you are paying more than you should be.
- Good Student – Getting good grades may save as much as 25% on a Chicago auto insurance quote. The good student discount can last until age 25.
- Theft Prevention System – Vehicles that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
- Seat Belts Save more than Lives – Requiring all passengers to use a seat belt could save 15% off PIP or medical payments premium.
- Braking Control Discount – Vehicles with ABS and/or traction control are much safer to drive so you can save 10 percent or more.
- Club Memberships – Participating in specific professional or occupational memberships or organizations can get you a small discount on auto insurance.
As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. So when it seems like it’s possible to get free car insurance, that’s just not realistic. But any discount will bring down the cost of your policy.
Some of the larger companies that may have these discounts are:
Double check with all the companies which discounts can lower your rates. Savings might not be offered on policies in Chicago. To see a list of auto insurance companies who offer discounts in Illinois, follow this link.
The majority of larger companies provide insurance quotes directly from their websites. Getting quotes for Hyundai Azera insurance in Chicago is fairly straightforward as you just type in your required coverages as detailed in the form. Upon sending the form, the quote system will order your driving record and credit report and gives you a price quote based on these and other factors.
Getting online rates for Hyundai Azera insurance in Chicago makes it a lot easier to compare rates and it’s also necessary to do this if you want to find cheap rates.
To quickly find out what other companies charge, compare rate quotes from the providers shown below. If you have a policy now, it’s recommended you replicate the coverages identical to your current policy. Doing this guarantees you will have a price comparison for the exact same coverage.
The providers in the list below can provide free quotes in Illinois. If several companies are displayed, we recommend you get price quotes from several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $122 | $290 | $316 | $18 | $94 | $840 | $70 |
| Azera Limited 4-Dr Sedan | $138 | $290 | $316 | $18 | $94 | $856 | $71 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Illinois minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Rates do not factor in vehicle location which can influence prices significantly.
Choosing deductibles
The illustration below demonstrates how deductibles and can affect Hyundai Azera insurance rates for each different age group. The rates are based on a single male driver, full coverage, and no other discounts are factored in.
Physical damage deductibles
One of the more difficult decisions when buying auto insurance is how low should you set your deductibles. The rates below sum up the cost difference between low and high physical damage deductibles. The first data set uses a $100 deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $224 | $478 | $262 | $16 | $78 | $1,083 | $90 |
| Azera Limited 4-Dr Sedan | $254 | $478 | $262 | $16 | $78 | $1,113 | $93 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $124 | $252 | $262 | $16 | $78 | $732 | $61 |
| Azera Limited 4-Dr Sedan | $140 | $252 | $262 | $16 | $78 | $748 | $62 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Rate quotes do not factor in vehicle garaging location which can impact insurance rates greatly.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs about $30 more each month or $360 annually than quoting the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 30 months between claim filings, you would save more money if you choose a higher deductible.
How to determine if a higher deductible is a good idea
| Average monthly premium for $100 deductibles: | $92 |
| Average monthly premium for $1,000 deductibles (subtract): | – $62 |
| Monthly savings from raising deductible: | $30 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $30 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 30 months |
One thing to note is that a higher deductible level results in a higher out-of-pocket expense at claim time. That will require enough disposable savings in the event you need to pay more to get your vehicle repaired.
Do you need full coverage?
The diagram below shows the difference between Hyundai Azera insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premium estimates are based on no claims, a clean driving record, $500 deductibles, single male driver, and no other discounts are factored in.
When to drop comprehensive and collision
There is no definitive formula that is best for determining when to drop physical damage insurance, but there is a general school of thought. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s say your Hyundai Azera replacement cost is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $7,000 after paying your policy deductible. If it’s costing in excess of $700 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.
There are a few situations where eliminating full coverage is not in your best interest. If you still have a loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Auto insurance is available from local insurance agents
Many drivers still like to sit down and talk to an agent and that is a smart decision Good agents can help you choose the best coverages and help you file claims. A good thing about comparing rates online is that you can find better rates and still choose a local agent. Supporting local insurance agents is definitely important in Chicago.
After completing this simple form, the quote information is transmitted to local insurance agents that can provide free Chicago auto insurance quotes and help you find cheaper coverage. There is no need to leave your house because quoted prices will be sent immediately to your email address. In the event you want to quote rates from a specific company, you would need to search and find their rate quote page to submit a rate quote request.
Below is a list of insurers in Chicago willing to provide comparison quotes for Hyundai Azera insurance in Chicago.
- Neal Gallo – State Farm Insurance Agent
6666 N Western Ave – Chicago, IL 60645 – (773) 743-6565 – View Map - ABI Insurance Agency
4806 N Milwaukee Ave – Chicago, IL 60630 – (773) 202-9666 – View Map - Illinois Vehicle Auto Insurance (Xpert)
1858 W 18th St – Chicago, IL 60608 – (312) 226-1033 – View Map - Bill Dillard – State Farm Insurance Agent
516 W Diversey Pkwy – Chicago, IL 60614 – (773) 549-2605 – View Map
Finding the right insurer shouldn’t rely on just a cheap price quote. These questions are important to ask:
- Do they offer claims assistance after hours?
- Do they get extra compensation for selling add-on coverages?
- Will the quote change when the policy is issued?
- When do they do policy reviews?
- Do they have a Better Business Bureau rating in Chicago?
One last thing about your coverage
Affordable Hyundai Azera insurance in Chicago is attainable from both online companies in addition to many Chicago insurance agents, and you need to price shop both so you have a total pricing picture. A few companies don’t offer rate quotes online and many times these regional insurance providers prefer to sell through local independent agents.
You just learned many ways to find lower-cost Hyundai Azera insurance in Chicago. It’s most important to understand that the more quotes you get, the better your chances of lowering your car insurance rates. Drivers may even discover the lowest rates are with the smaller companies.
Drivers leave their current company for a variety of reasons including delays in responding to claim requests, policy cancellation, being labeled a high risk driver and even high prices. Whatever your reason, finding a great new company can be easier than you think.
More tips and info about auto insurance is located in the articles below:
- Learn About Car Insurance (GEICO)
- How Much are Chicago Auto Insurance Quotes for Used Cars? (FAQ)
- Who Has Cheap Auto Insurance Rates for Veterans in Chicago? (FAQ)
- Who Has Affordable Car Insurance Quotes for a Ford Fusion in Chicago? (FAQ)
- What Insurance is Cheapest for a Chevrolet Malibu in Chicago? (FAQ)
- Who Has Affordable Car Insurance for Teenage Males in Chicago? (FAQ)
- Who Has Affordable Chicago Auto Insurance for Drivers with Good Credit? (FAQ)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- What is Gap Insurance? (Insurance Information Institute)
- Help Your Teen Be a Better Driver (State Farm)