Smart shoppers know that insurance companies don’t want you to compare rates. Insureds who shop around at least once a year will most likely switch companies because of the high probability of finding a lower rate. A survey found that people who compared rates once a year saved on average $865 annually compared to other drivers who never shopped for cheaper rates.
If finding the cheapest price for auto insurance in Dallas is your goal, then learning about how to get price quotes and compare insurance coverage can help simplify the process.
The best way we recommend to get the cheapest auto insurance rates is to regularly compare quotes from different companies who provide car insurance in Dallas.
First, it will benefit you to learn about car insurance and the things you can control to prevent rate increases. Many rating factors that cause high rates like traffic citations and an unfavorable credit rating can be improved by making minor driving habit or lifestyle changes.
Second, request rate estimates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO and Allstate, while independent agencies can give you price quotes from multiple insurance companies. View companies
Third, compare the new rate quotes to the price on your current policy to see if a cheaper rate is available in Dallas. If you can save some money and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, give notification to your current company of your intention to cancel your current coverage. Submit a down payment and signed policy application to the newly selected company. Don’t forget to keep the new certificate verifying proof of insurance in your glove compartment.
A crucial key to this process is to use the same level of coverage on every quote request and to quote with as many carriers as you can. This provides a level playing field and a good representation of prices.
Choosing the most cost-effective car insurance policy in Dallas is much easier if you have a good place to start. If you’re already insured, you will definitely be able to shop for the lowest rates using these methods. Nevertheless, Texas drivers need to have an understanding of how insurance companies set your policy premium.
How much is Hyundai Elantra insurance in Dallas, TX?
When comparing auto insurance rates, know that making a lot of price comparisons will increase your chances of finding more affordable insurance. Some regional insurers cannot provide Dallas Elantra insurance quotes online, so it’s important to also get price estimates from them, too.
The companies shown below provide price quotes in Texas. If multiple companies are listed, we suggest you click on several of them in order to get a fair rate comparison.
Auto insurance analysis for a Hyundai Elantra
The price information shown below showcases a range of insurance prices for Hyundai Elantra models. Having knowledge of how insurance policy premiums are determined is important for you to make informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Elantra GLS Touring Station Wagon | $284 | $502 | $438 | $26 | $130 | $1,380 | $115 |
| Elantra Blue 4-Dr Sedan | $284 | $720 | $514 | $30 | $154 | $1,702 | $142 |
| Elantra GLS 4-Dr Sedan | $326 | $720 | $514 | $30 | $154 | $1,744 | $145 |
| Elantra SE 4-Dr Sedan | $326 | $720 | $514 | $30 | $154 | $1,744 | $145 |
| Elantra SE Touring Station Wagon | $326 | $610 | $438 | $26 | $130 | $1,530 | $128 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Price information does not factor in vehicle location which can modify auto insurance rates substantially.
Rate comparison for different deductibles
One frequently asked question is how high should the physical damage deductibles be. The following tables help summarize the differences in premium rates between low and high comp and collision deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Elantra GLS Touring Station Wagon | $286 | $486 | $324 | $20 | $96 | $1,237 | $103 |
| Elantra Blue 4-Dr Sedan | $286 | $698 | $382 | $22 | $114 | $1,527 | $127 |
| Elantra GLS 4-Dr Sedan | $328 | $698 | $382 | $22 | $114 | $1,569 | $131 |
| Elantra SE 4-Dr Sedan | $328 | $698 | $382 | $22 | $114 | $1,569 | $131 |
| Elantra SE Touring Station Wagon | $328 | $592 | $324 | $20 | $96 | $1,385 | $115 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Elantra GLS Touring Station Wagon | $158 | $256 | $324 | $20 | $96 | $854 | $71 |
| Elantra Blue 4-Dr Sedan | $158 | $368 | $382 | $22 | $114 | $1,044 | $87 |
| Elantra GLS 4-Dr Sedan | $182 | $368 | $382 | $22 | $114 | $1,068 | $89 |
| Elantra SE 4-Dr Sedan | $182 | $368 | $382 | $22 | $114 | $1,068 | $89 |
| Elantra SE Touring Station Wagon | $182 | $312 | $324 | $20 | $96 | $934 | $78 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Rate quotes do not factor in specific Dallas garaging location which can raise or lower insurance rates considerably.
Based on this data, using a $100 deductible could cost the average driver approximately $38 more each month or $456 for a full year than opting for the higher $1,000 deductible. Because you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go at least 24 months between claim filings, you would come out ahead by selecting a higher deductible. The numbers below show an example of how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $121 |
| Average monthly premium for $1,000 deductibles (subtract): | – $83 |
| Monthly savings from raising deductible: | $38 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $38 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 24 months |
Why you need insurance
Even though it can be expensive, buying insurance may be required and benefits you in several ways.
- Most states have mandatory liability insurance requirements which means state laws require specific limits of liability insurance coverage in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Elantra has a lienholder, almost all lenders will make it mandatory that you carry insurance to guarantee loan repayment. If you default on your policy, the lender may have to buy a policy to insure your Hyundai at a significantly higher premium and force you to reimburse them the higher price.
- Insurance preserves not only your Hyundai Elantra but also your financial assets. It will also cover hospital and medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, comprehensive and collision coverage will pay to repair the damage.
The benefits of carrying adequate insurance are definitely more than the cost, especially with large liability claims. According to a 2015 survey, the average American driver overpays more than $865 each year so shop around at every renewal to help ensure money is not being wasted.
How Your Elantra Insurance Rates are Determined
Part of the car insurance buying process is learning some of the things that help determine your car insurance rates. When you know what positively or negatively impacts premium levels, this enables you to make decisions that can help you get lower premium levels. Lots of things are considered when you quote your car insurance policy. A few of the factors are predictable such as your driving record, but other factors are more transparent such as your marital status or your commute time.
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Type of car, truck or SUV determines base prices – The performance of the car you are trying to find cheaper insurance for makes a big difference in the rate you pay. The most favorable rates are usually for smaller low performance passenger cars, but many other things help determine your insurance rates.
The next chart assumes a single female driver age 30, full coverage with $500 deductibles, and no discounts or violations. The chart compares Hyundai Elantra insurance rates compared to other models of vehicles that have a range of performance rating factors.
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Avoid traffic tickets – Having a single ticket can increase the cost of insurance substantially. Good drivers pay lower auto insurance prices as compared to careless drivers. Drivers with flagrant violations like hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 form with their state motor vehicle department in order to legally drive a vehicle.
The diagram below illustrates how speeding tickets and at-fault accidents influence Hyundai Elantra insurance premiums for different age groups. The premium estimates are based on a single female driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
- Bundle policies with the same company – Many car insurance companies afford discounts to insureds that have more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount drivers will still want to compare other company rates to make sure you are getting the best deal.
- Is you job costing you more? – Occupational choices like doctors, business owners, and dentists usually pay higher premiums than the average policyholder in part from high stress levels and long work hours. On the other hand, occupations like scientists, historians and retirees pay the least.
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Insurance loss data for Hyundai Elantra vehicles – Companies use statistical claims data to help determine the rate you pay. Models that tend to have a trend towards higher claims will cost more for specific coverages. The table below shows the compiled insurance loss statistics for Hyundai Elantra vehicles.
For each type of coverage, the claim amount for all vehicles, regardless of make or model, is equal to 100. Numbers under 100 indicate a favorable loss history, while values that are 100 or greater indicate more frequent losses or larger claims.
Hyundai Elantra Insurance Claim Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Elantra 102 102 90 133 137 117 Hyundai Elantra GT 95 91 95 112 114 107 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Auto insurance policy discounts you can’t miss
Insurance can be prohibitively expensive, but there could be significant discounts that you may not even be aware of. A few discounts will automatically apply at quote time, but some must be manually applied before you will receive the discount.
- Online Discount – A few larger online companies will give a small break get Dallas car insurance digitally online.
- Defensive Driver – Participating in a defensive driver course could earn you a small percentage discount and easily pay for the cost of the class.
- Distant Student Discount – Any of your kids who live away from home at college and do not take a car to college could qualify for this discount.
- Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn lower auto insurance rates if you buy auto and life insurance together.
- Driving Data Discount – Drivers who elect to allow their company to monitor their driving habits by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may see discounts if they exhibit good driving behavior.
- Safe Driver Discount – Drivers without accidents can save up to 40% or more on their Dallas car insurance quote than less cautious drivers.
A quick disclaimer, most credits do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like you could get a free auto insurance policy, companies don’t profit that way. Any amount of discount should help lower your policy premium.
The illustration below illustrates the comparison of Hyundai Elantra annual premium costs with and without policy discounts. The data is based on a male driver, no accidents, no driving violations, Texas 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, homeowner, multi-car, claim-free, and safe-driver discounts applied.
A list of auto insurance companies and the discounts they provide are outlined below.
- State Farm discounts include Steer Clear safe driver discount, multiple policy, safe vehicle, accident-free, driver’s education, and anti-theft.
- Progressive may have discounts that include good student, online signing, multi-policy, multi-vehicle, continuous coverage, homeowner, and online quote discount.
- Travelers has savings for save driver, student away at school, new car, payment discounts, IntelliDrive, home ownership, and multi-car.
- American Family offers discounts including multi-vehicle, bundled insurance, mySafetyValet, defensive driver, and good student.
- Liberty Mutual policyholders can earn discounts including safety features, new vehicle discount, newly retired, good student, and new graduate.
When getting free Dallas car insurance quotes, it’s a good idea to all companies you are considering which discounts you may be entitled to. All car insurance discounts may not be available in Dallas. If you would like to choose from a list of companies with the best discounts in Dallas, click here.
Your situation helps dictate your coverage
When it comes to choosing insurance from an agent or online for your personal vehicles, there really isn’t a cookie cutter policy. Everyone’s situation is unique.
For example, these questions may help highlight whether or not you would benefit from an agent’s advice.
- Should I sign the liability waiver when renting a car?
- Is other people’s property covered if stolen from my vehicle?
- How much liability coverage do I need in Texas?
- Can I drive in Mexico and have coverage?
- Can I cancel at any time?
- What is covered by UM/UIM coverage?
If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form.
Are car insurance agents of importance?
Many people just want to talk to a local agent and that is OK! One of the best bonuses of getting online price quotes is that you can obtain the lowest rates and still have a local agent.
Upon completion of this quick form, your insurance coverage information is sent to local insurance agents in Dallas who will give you bids for your coverage. You never need to find an agent on your own since rate quotes are delivered immediately to your email address. It’s the lowest rates without a big time investment. In the event you want to get a rate quote from a particular provider, just jump over to their website and fill out their quote form.
Deciding on a insurer needs to be determined by more than just the price. These are some questions your agent should answer.
- Will they give you a referral list?
- Is working in the agency their full-time job?
- Do they carry Errors and Omissions coverage?
- Do they regularly work with personal auto policies in Dallas?
- What are the financial ratings for the companies they represent?
- Is the agency active in community causes in Dallas?
Below are agents in Dallas who can help you get comparison quotes for Hyundai Elantra insurance in Dallas.
Dan Stanton – State Farm Insurance Agent
3767 Forest Ln #107 – Dallas, TX 75244 – (972) 243-8894 – View Map
Laurence Cole Insurance Agency
6500 Greenville Ave #680 – Dallas, TX 75206 – (214) 823-2653 – View Map
The Phoenix Insurance
11615 Forest Central Dr #103 – Dallas, TX 75243 – (214) 253-0570 – View Map
La Familia Auto Insurance
8702 Spring Valley Rd – Dallas, TX 75240 – (972) 586-7488 – View Map
Shop around and save
We just showed you many tips how you can reduce Hyundai Elantra insurance prices online in Dallas. The key thing to remember is the more price quotes you have, the higher the chance of saving money. You may even be surprised to find that the lowest priced insurance comes from a small local company.
The cheapest Hyundai Elantra insurance in Dallas is definitely available online and with local Dallas insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some companies don’t offer online rate quotes and most of the time these small, regional companies provide coverage only through local independent agents.
Insureds leave their current company for a number of reasons such as lack of trust in their agent, policy cancellation, being labeled a high risk driver and even extreme rates for teen drivers. No matter why you want to switch, switching companies is pretty easy and you might even save some money in the process.
Additional articles
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for Welfare Recipients in Dallas? (FAQ)
- What Insurance is Cheapest for a Ford Explorer in Dallas? (FAQ)
- Who Has Affordable Car Insurance Rates for Low Income Drivers in Dallas? (FAQ)
- Understanding Limits and Deductibles (Allstate)
- All About Airbag Safety (State Farm)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Your Car has been Stolen: Now What? (Allstate)