Save Money on Hyundai Genesis Insurance in San Jose

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Insurance for Hyundai GenesisThe best way to find cheaper auto insurance rates in San Jose is to compare prices once a year from providers in California.

Step 1: Get a basic knowledge of how companies set rates and the changes you can make to keep rates down. Many policy risk factors that increase rates such as at-fault accidents, speeding tickets, and poor credit can be amended by making small lifestyle or driving habit changes. Keep reading for information to get lower rates and find discounts that may have been missed.

Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agents can provide price quotes from many different companies.

Step 3: Compare the new rate quotes to your existing policy to see if cheaper Genesis coverage is available. If you find a lower rate quote and change companies, make sure there is no lapse between the expiration of your current policy and the new one.

One bit of advice is that you use identical coverages on each price quote and and to get price estimates from as many different companies as possible. Doing this guarantees an apples-to-apples comparison and a complete price analysis.

It's amazing but a large majority of drivers have bought insurance from the same company for well over three years, and nearly half have never compared rate quotes at all. The average driver in San Jose could save up to 35% a year, but they don't believe the rate savings if they replace their high priced policy.

The purpose of this post is to teach you a little about the best ways to compare prices. If you currently have a car insurance policy, you should be able to buy cheaper auto insurance using the ideas you're about to read. Consumers just have to use the quickest way to get comparison quotes over the internet.

The method we recommend to compare policy rates for Hyundai Genesis insurance in San Jose takes advantage of the fact most insurance companies actually pay money for the chance to give free rates quotes. The one thing you need to do is provide the companies a bit of rating information like level of coverage desired, driver ages, if you went to college, and the year, make and model of vehicles. Your details gets sent immediately to multiple companies and they respond with quotes immediately.

To start a quote now, click here then complete the form.

The following companies provide free rate quotes in California. If multiple providers are shown, it's a good idea that you click on several of them to get the best price comparison.

Three reasons to insure your Genesis

Despite the high insurance cost for a Hyundai Genesis in San Jose, auto insurance is most likely required but also gives you several important benefits.

  • Almost all states have mandatory insurance requirements which means you are required to buy a specific level of liability in order to be legal. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
  • If you have a loan on your Genesis, more than likely the lender will make it mandatory that you buy insurance to protect their interest in the vehicle. If you default on your policy, the bank may buy a policy for your Hyundai at a much higher premium rate and force you to pay for the expensive policy.
  • Insurance protects both your assets and your car. Insurance will pay for medical bills for you, any passengers, and anyone injured in an accident. Liability coverage also covers legal expenses if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.

The benefits of having insurance greatly outweigh the cost, especially when you need to use it. The average driver in California overpays more than $825 a year so compare rates at least once a year to save money.

Hyundai Genesis insurance coverage information

The premium information shown below showcases detailed analysis of insurance premium costs for Hyundai Genesis models. Learning how insurance prices are established can help drivers make smart choices when buying a policy.

Hyundai Genesis Insurance Rates in San Jose, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Genesis 2.0T 2-Dr Coupe $304 $616 $564 $34 $168 $1,686 $141
Genesis 3.8 4-Dr Sedan $338 $536 $384 $22 $114 $1,394 $116
Genesis 2.0T Premium 2-Dr Coupe $338 $616 $564 $34 $168 $1,720 $143
Genesis 3.8 2-Dr Coupe $338 $616 $564 $34 $168 $1,720 $143
Genesis 2.0T Track 2-Dr Coupe $338 $616 $564 $34 $168 $1,720 $143
Genesis 3.8 Grand Touring 2-Dr Coupe $338 $616 $564 $34 $168 $1,720 $143
Genesis 4.6 4-Dr Sedan $338 $616 $384 $22 $114 $1,474 $123
Genesis 3.8 Track 2-Dr Coupe $338 $698 $564 $34 $168 $1,802 $150
Get Your Own Custom Quote Go

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can increase or decrease auto insurance rates substantially.

Physical damage deductibles

One of the hardest decisions when shopping for auto insurance is which deductible level should you buy. The data tables below can help show the differences in premium rates when you choose different physical damage deductibles. The first set of rates uses a $100 deductible for physical damage and the second rate chart uses a $500 deductible.

Hyundai Genesis insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Genesis 2.0T 2-Dr Coupe $430 $932 $552 $32 $166 $2,137 $178
Genesis 3.8 4-Dr Sedan $478 $810 $376 $22 $112 $1,823 $152
Genesis 2.0T Premium 2-Dr Coupe $478 $932 $552 $32 $166 $2,185 $182
Genesis 3.8 2-Dr Coupe $478 $932 $552 $32 $166 $2,185 $182
Genesis 2.0T Track 2-Dr Coupe $478 $932 $552 $32 $166 $2,185 $182
Genesis 3.8 Grand Touring 2-Dr Coupe $478 $932 $552 $32 $166 $2,185 $182
Genesis 4.6 4-Dr Sedan $478 $932 $376 $22 $112 $1,945 $162
Genesis 3.8 Track 2-Dr Coupe $478 $1054 $552 $32 $166 $2,307 $192
Get Your Own Custom Quote Go
Hyundai Genesis insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Genesis 2.0T 2-Dr Coupe $314 $630 $552 $32 $166 $1,694 $141
Genesis 3.8 4-Dr Sedan $348 $546 $376 $22 $112 $1,404 $117
Genesis 2.0T Premium 2-Dr Coupe $348 $630 $552 $32 $166 $1,728 $144
Genesis 3.8 2-Dr Coupe $348 $630 $552 $32 $166 $1,728 $144
Genesis 2.0T Track 2-Dr Coupe $348 $630 $552 $32 $166 $1,728 $144
Genesis 3.8 Grand Touring 2-Dr Coupe $348 $630 $552 $32 $166 $1,728 $144
Genesis 4.6 4-Dr Sedan $348 $630 $376 $22 $112 $1,488 $124
Genesis 3.8 Track 2-Dr Coupe $348 $712 $552 $32 $166 $1,810 $151
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Estimates do not factor in specific location which can impact price quotes noticeably.

We can derive from the above data that using a $100 deductible costs about $38 more each month or $456 each year across all Hyundai Genesis models than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 11 months between claims, you would probably come out ahead if you choose the higher deductible.

Premiums by gender and age

The information below illustrates the comparison of Hyundai Genesis premium costs for male and female drivers. Data assumes a clean driving record, no claims, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Hyundai Genesis full coverage rates compared to liability only

The illustration below visualizes the comparison of Hyundai Genesis premium costs with full physical damage coverage compared to only buying the minimum liability limits required in California. The rates are based on no violations or claims, $250 deductibles, drivers are not married, and no discounts are applied.

When to drop comprehensive and collision coverage

There is no definitive guideline of when to exclude full coverage, but there is a guideline you can use. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let's pretend your Hyundai Genesis settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after you pay the deductible. If you are paying in excess of $800 a year to have full coverage, then you might want to think about dropping full coverage.

There are a few situations where only buying liability is not a good idea. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.

These discounts can slash Hyundai Genesis insurance rates

Auto insurance is not cheap nor is it fun to buy but companies offer discounts that could drop your premiums quite a bit. A few discounts will be applied at the time you complete a quote, but some discounts are required to be inquired about in order for you to get them.Cheaper auto insurance with discounts

  • Auto/Home Discount - If you have multiple policies and insure them with the same company you could save approximately 10% to 15%.
  • Life Insurance Discount - Some auto insurance companies give a discounted price on car insurance if you buy some life insurance too.
  • Claim-Free Discount - Insureds with no claims or accidents can save substantially in comparison with insureds who have frequent claims or accidents.
  • Military Discounts - Being on active duty in the military could qualify you for better auto insurance rates.
  • Defensive Driver Discount - Taking time to complete a safe driver course is a good idea and can lower rates and also improve your driving technique.
  • Early Payment Discounts - By paying your entire bill at once rather than spreading payments over time you can avoid the installment charge.
  • Memberships - Being a member of a professional or civic organization is a good way to get lower rates on your bill.
  • Anti-lock Brakes - Cars and trucks that have anti-lock braking systems can avoid accidents and will save you 10% or more on Genesis insurance in San Jose.
  • Theft Prevention Discount - Cars with anti-theft systems are stolen with less frequency and earn discounts up to 10% off your San Jose auto insurance quote.

A quick disclaimer, most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So even though you would think all those discounts means the company will pay you, it just doesn't work that way.

The information below illustrates the difference between Hyundai Genesis premium costs with and without policy discounts. The premiums assume a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, multi-car, marriage, claim-free, and safe-driver discounts applied.

The best auto insurance companies and some of the discounts can be found below.

  • State Farm may include discounts for accident-free, multiple autos, multiple policy, Drive Safe & Save, passive restraint, student away at school, and driver's education.
  • American Family discounts include good driver, defensive driver, bundled insurance, mySafetyValet, TimeAway discount, good student, and accident-free.
  • GEICO offers discounts including emergency military deployment, multi-policy, good student, military active duty, and defensive driver.
  • 21st Century policyholders can earn discounts including anti-lock brakes, homeowners, early bird, driver training, teen driver, and student driver.
  • Progressive offers premium reductions for multi-policy, good student, continuous coverage, online quote discount, homeowner, and multi-vehicle.

Before buying, ask each insurance company what discounts are available to you. Some discounts might not be available to policyholders in every state.

Local San Jose insurance agents

Many people would prefer to visit with an insurance agent and often times that is recommended Most agents are highly skilled in risk management and help file insurance claims. The best thing about getting free rate quotes online is that drivers can save money and get cheaper rates but also keep your business local. Supporting local insurance agents is important particularly in San Jose.

San Jose insurance agentsOnce you complete this quick form, your information is emailed to insurance agents in San Jose that provide free San Jose auto insurance quotes to get your business. It's much easier because you don't need to find an agent because prices are sent to your email. If you want to quote rates from a specific car insurance provider, don't hesitate to go to their quote page and complete a quote there.

Finding the right insurance company should include more criteria than just the bottom line cost. Ask your prospective agent these questions:

  • Can they give you a list of client referrals?
  • How long has their agency been in business in San Jose?
  • Which companies can they place coverage with?
  • Are there any discounts for paying up front?
  • Will you work with the agent or an assistant?

Cheaper car insurance is a realistic goal

More affordable car insurance in San Jose can be found on the web and also from your neighborhood San Jose agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance companies may not provide online price quotes and these small, regional companies sell through independent agencies.

We just presented a lot of information how to reduce Hyundai Genesis insurance prices online in San Jose. It's most important to understand that the more providers you compare, the better likelihood of getting affordable Hyundai Genesis insurance quotes. You may even discover the lowest prices come from the least-expected company.

When searching for affordable San Jose auto insurance quotes, do not buy less coverage just to save a little money. In many cases, an insured cut physical damage coverage only to regret that the few dollars in savings costed them thousands. Your focus should be to buy enough coverage at the lowest possible cost, but do not skimp to save money.

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