Paying for expensive Hyundai Azera insurance in Boston can dry up your accounts and make it tough to pay other bills. Comparing rates annually is a fast and free way to reduce premiums and put more money in your pocket.
A recent NerdWallet.com study revealed that most car insurance policyholders have stayed with the same insurance company for at least the last four years, and practically 40% of car insurance customers have never even shopped around for affordable coverage. Boston drivers could cut their rates by $588 a year by just comparing quotes, but most tend to underestimate the large savings they would see if they bought a different policy.
Due to the large number of different company options, it is hard for the average consumer to locate the best insurer.
Consumers should take time to take a look at other company’s rates on a regular basis since insurance prices change quite often. Despite the fact that you may have had the best price on Hyundai Azera insurance in Boston two years ago you will most likely find a better rate quote today. You can find a lot of misleading information regarding Azera insurance on the internet, but you can learn some tested techniques to save money.
This information will instruct you on how to get online quotes and how to save the most money. If you currently have a car insurance policy, you will be able to find better prices using these techniques. Although Massachusetts car owners must comprehend the way companies determine what you pay because rates are impacted by many factors.
How do Insurance Companies Determine Hyundai Azera Insurance Prices?
Many factors are considered when quoting car insurance. A few of the factors are predictable such as your driving record, although some other factors are less obvious like your vehicle usage or your commute time. A large part of saving on car insurance is knowing some of the factors that help calculate the rates you pay for car insurance. If you know what determines premiums, this enables you to make decisions that could help you find lower car insurance prices.
The items below are a few of the things used by insurance companies to determine your premiums.
- Urban residents pay more – Having an address in less populated areas is a good thing when buying car insurance. Drivers in populated areas have to deal with more auto accidents and longer commute times. Fewer drivers on the road translates into fewer accident claims and a lower car theft rate.
- Incidental coverages can add up – Insurance companies have many add-on coverages that can add up on your car insurance policy. Insurance for rental car coverage, death and dismemberment, and Farm Bureau memberships are examples of these. They may seem good when talking to your agent, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
- Married drivers get cheaper prices – Being married may save some money on your policy. Marriage generally demonstrates drivers are more financially stable and statistics prove married couples file fewer claims.
-
Driver age impacts costs – Youthful drivers in Massachusetts have a tendency to be more careless when at the wheel of a vehicle therefore car insurance rates are much higher. If you’ve ever had to add a first-time driver to your policy can cause a big jump in price. Older, more experienced drivers are more cautious drivers, file fewer claims, and get fewer tickets.
The data below uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
-
Claims statistics for a Hyundai Azera – Insurance companies include the past claim trends for vehicles when setting rates for each model. Models that tend to have a trend towards higher claims will cost more to insure.
The next table shows the collected loss data for Hyundai Azera vehicles. For each type of coverage, the claim probability for all vehicles, as a total average, is considered to be 100. Values that are below 100 suggest a better than average loss history, while numbers above 100 indicate higher probability of having a loss or larger claims.
Hyundai Azera Insurance Claim Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Azera 115 83 101 99 106 91 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When price shopping your coverage, getting more free quotes increases your odds of finding better pricing.
The providers in the list below provide price quotes in Boston, MA. If you want cheap auto insurance in Boston, MA, we recommend you visit several of them in order to get a fair rate comparison.
Rates and information analytics
The data table shown below showcases estimates of insurance policy prices for Hyundai Azera models. Having insight into how insurance prices are established can be useful when making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $204 | $406 | $340 | $20 | $102 | $1,072 | $89 |
| Azera Limited 4-Dr Sedan | $230 | $406 | $340 | $20 | $102 | $1,098 | $92 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Information does not factor in specific zip code location which can impact rates noticeably.
Higher deductibles save money
One of the more difficult decisions when buying car insurance is how high should the deductibles for physical damage be. The tables below can help you visualize the cost difference when you buy lower versus higher coverage deductibles. The first rate table uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $288 | $612 | $334 | $20 | $100 | $1,379 | $115 |
| Azera Limited 4-Dr Sedan | $324 | $612 | $334 | $20 | $100 | $1,415 | $118 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $210 | $414 | $334 | $20 | $100 | $1,078 | $90 |
| Azera Limited 4-Dr Sedan | $236 | $414 | $334 | $20 | $100 | $1,104 | $92 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Estimates do not factor in your specific Boston location which can decrease or increase premiums greatly.
Based on these figures, using a $100 deductible costs approximately $26 more each month or $312 annually than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to have more than 15 months between claims, you would probably come out ahead if you choose a higher deductible.
Hyundai Azera full coverage rates compared to liability only
The chart below illustrates the difference between Hyundai Azera annual premium costs when comparing full coverage to liability only. The rates are based on no violations or accidents, $100 deductibles, drivers are not married, and no discounts are applied.
Guidelines for eliminating full coverage
There is no definitive formula to stop paying for physical damage insurance, but there is a general guideline you can use. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your Hyundai Azera settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $3,000 after paying the physical damage deductible. If you are paying more than $300 a year to have full coverage, then it might be time to buy liability only.
There are a few cases where dropping physical damage coverage is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not buy liability only.
Insurance is not optional
Despite the fact that insurance is not cheap in Boston, maintaining insurance is most likely required but also gives you several important benefits.
- The majority of states have minimum liability requirements which means state laws require specific limits of liability coverage if you want to drive legally. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your Hyundai Azera, most lenders will require that you have physical damage coverage to guarantee loan repayment. If you default on your policy, the lender may have to buy a policy to insure your Hyundai at a much higher rate and force you to pay much more than you were paying before.
- Insurance protects both your assets and your Hyundai Azera. Insurance will also pay for most medical and hospital costs incurred in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to repair the damage.
The benefits of insuring your Azera are without a doubt worth the cost, especially when you need to use it. On average, a vehicle owner in Boston is overpaying over $700 annually so smart consumers compare quotes every year to be sure current rates are still competitive.
Cheaper rates on Hyundai Azera insurance in Boston with these insurance discounts
Insurance is expensive, but you might already qualify for some discounts that can drop the cost substantially. Some of these discounts will be visible at quote time, but some may not be applied and must be asked about in order for you to get them. If you do not double check each discount you qualify for, you’re paying more than you need to.
- Onboard Data Collection – Drivers that enable their insurance company to scrutinize driving patterns by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if they exhibit good driving behavior.
- Anti-lock Brake Discount – Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
- Fewer Miles Equal More Savings – Low mileage vehicles could qualify for slightly better insurance rates than normal.
- Discount for Good Grades – This discount can save 20 to 25%. Earning this discount can benefit you up until you turn 25.
- Discounts for Government Workers – Employees or retirees of the government can earn a discount up to 10% but check with your company.
- Waiver for an Accident – Not necessarily a discount, but certain companies will allow you to have one accident before your rates go up if you are claim-free prior to being involved in the accident.
- Club Memberships – Being a member of qualifying clubs or civic groups could trigger savings on insurance.
- Buy New and Save – Insuring a new Azera can save up to 30% compared to insuring an older model.
Just know that most of the big mark downs will not be given to your bottom line cost. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, it’s just not the way it works.
The illustration below compares Hyundai Azera auto insurance costs with and without policy discounts. Data assumes a male driver, no claims or driving citations, Massachusetts 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 marriage, multi-policy, multi-car, claim-free, safe-driver, and homeowner discounts applied.
Popular insurance companies and a summarized list of policyholder discounts are detailed below.
- Farmers Insurance offers discounts including mature driver, bundle discounts, good student, switch companies, early shopping, and multi-car.
- State Farm has savings for good student, student away at school, defensive driving training, safe vehicle, passive restraint, and Steer Clear safe driver discount.
- Liberty Mutual policyholders can earn discounts including good student, new move discount, exclusive group savings, safety features, and new vehicle discount.
- MetLife may offer discounts for accident-free, good student, good driver, claim-free, and multi-policy.
- Progressive may include discounts for continuous coverage, homeowner, online signing, online quote discount, good student, and multi-vehicle.
When getting a coverage quote, ask each insurance company which discounts you may be entitled to. Discounts may not apply in Boston.
Are car insurance agents a thing of the past?
A small number of people would prefer to talk to an insurance agent and that is a personal choice. The best thing about getting free rate quotes online is the fact that you can find the lowest rates but also keep your business local. Buying from local agents is still important in Boston.
To find an agent, once you fill out this form (opens in new window), your information is sent to local insurance agents in Boston who will give you quotes for your insurance coverage. You won’t even need to visit any agencies because quoted prices will be sent to you. You can most likely find cheaper rates AND a local agent. If you wish to get a rate quote from a particular provider, you can always find their quoting web page and complete a quote there.
Pick the best car insurance agent in Boston for you
When finding a local Boston insurance agency, there are two types of insurance agents and how they work. Insurance agencies in Boston may be either exclusive agents or independent agents.
Independent Agents
Agents in the independent channel are not employed by any specific company so they can write business with a variety of different insurance companies depending on which coverage is best. If you are not satisfied with one company, the agent simply finds a different carrier without you having to go to a different agency. If you need lower rates, we recommend you include price quotes from multiple independent agents to have the best price comparison.
Below is a list of independent insurance agents in Boston that may be able to give free price quotes.
Saratoga Insurance
452 Bennington St – Boston, MA 02128 – (617) 567-1100 – View Map
Arbella Insurance
120 Middlesex Ave – Somerville, MA 02145 – (617) 666-0222 – View Map
Knapp Schenck Insurance Services
1 India St #204 – Boston, MA 02109 – (617) 742-3366 – View Map
Exclusive Insurance Agencies
Exclusive agencies normally can only provide a single company’s rates such as Farmers Insurance, State Farm, Allstate, and AAA. They generally cannot compare other company’s rates so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are usually well trained in insurance sales which helps them sell insurance even at higher premiums.
Shown below are exclusive insurance agents in Boston that are able to give price quote information.
Allstate Insurance: Abner Joseph
571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490 – View Map
AAA Boston
125 High St – Boston, MA 02110 – (617) 443-9300 – View Map
Finding a good insurance agent is decision based upon more than just the price. Any agent in Boston should be willing to answer these questions.
- Does the agency provide any after hours assistance?
- In the event of vehicle damage, can you pick the collision repair facility?
- Do they offer accident forgiveness?
- Which companies do they recommend if they are an independent agency?
- How often do they review coverages?
Your situation helps dictate your coverage
When it comes to choosing adequate coverage for your vehicles, there really is no “perfect” insurance plan. Every situation is different.
For example, these questions might help in determining whether your personal situation may require specific advice.
- Can my babysitter drive my car?
- Do I need higher collision deductibles?
- What if a claim settlement is too low?
- What is covered by UM/UIM coverage?
- Is my Hyundai Azera covered for smoke damage?
- What vehicles should carry emergency assistance coverage?
- Who is covered by my policy?
- Is my state a no-fault state?
- Why do I need rental car insurance?
- Which companies will insure high-risk drivers?
If you don’t know the answers to these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.
Quote often and quote early
Consumers change insurance companies for many reasons like being labeled a high risk driver, an unsatisfactory settlement offer, questionable increases in premium and even unfair underwriting practices. Whatever your reason, finding a new insurance company is pretty easy and you might even save some money in the process.
You just learned some good ideas how you can shop for Hyundai Azera insurance online. The key concept to understand is the more price quotes you have, the better likelihood of getting inexpensive Boston auto insurance quotes. Drivers may even discover the lowest rates are with a small mutual company.
As you quote Boston auto insurance, don’t be tempted to buy less coverage just to save a little money. In many instances, an accident victim reduced liability coverage limits to discover at claim time that it was a big error on their part. The aim is to buy the best coverage you can find for the lowest cost, not the least amount of coverage.
Steps to finding affordable Hyundai Azera insurance in Boston
If your goal is the lowest price, then the best way to save money on Hyundai Azera insurance is to start doing a yearly price comparison from companies who provide auto insurance in Boston.
- Step 1: Take a little time to learn about how insurance works and the things you can control to lower rates. Many risk factors that cause high rates like speeding tickets, careless driving and a lousy credit rating can be remedied by making minor driving habit or lifestyle changes.
- Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like Progressive or State Farm, while independent agencies can give you price quotes for a wide range of companies.
- Step 3: Compare the new quotes to the premium of your current policy to see if switching to a new carrier will save money. If you find better rates and make a switch, ensure coverage does not lapse between policies.
- Step 4: Give notification to your agent or company to cancel your current car insurance policy and submit the required down payment along with the signed application for the new coverage. Make sure you place the new certificate of insurance with your vehicle’s registration.
The most important part of this process is to compare the same liability limits and deductibles on each quote and and to get rates from as many car insurance companies as possible. Doing this helps ensure a fair rate comparison and plenty of rates choose from.
To learn more, take a look at the following helpful articles:
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- How Much are Car Insurance Rates for Electric Cars in Boston? (FAQ)
- How Much are Auto Insurance Rates for a Subaru Impreza in Boston? (FAQ)
- Who Has the Cheapest Boston Car Insurance Quotes for High School Students? (FAQ)
- Who Has Affordable Auto Insurance for Unemployed Drivers in Boston? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Immigrants in Boston? (FAQ)
- Who Has Cheap Auto Insurance for High Risk Drivers in Boston? (FAQ)
- Who Has Cheap Boston Auto Insurance for 19 Year Olds? (FAQ)
- What Insurance is Cheapest for Low Mileage Drivers in Boston? (FAQ)
- Anti-Lock Brake FAQ (iihs.org)
- Vehicle Insurance (Wikipedia)
- Should I Buy a New or Used Car? (Allstate)