Finding cheap Hyundai Sonata insurance in Jacksonville might be nearly impossible for drivers who have little experience buying insurance online. With so many insurance agents and insurers available, it can easily become a challenge to lower your rates on Hyundai Sonata insurance.
Steps to saving on Hyundai Sonata insurance in Jacksonville
The recommended way to find discount Hyundai Sonata insurance is to compare prices annually from insurers in Jacksonville. Price quotes can be compared by completing these steps.
- Try to comprehend coverages and the things you can change to drop your rates. Many things that cause high rates such as careless driving and a low credit rating can be rectified by improving your driving habits or financial responsibility.
- Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agents can provide price quotes from multiple sources. Find a Jacksonville insurance agent
- Compare the new rates to the premium of your current policy and see if you can save money. If you find a lower rate quote and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Provide adequate notice to your current company to cancel your existing policy. Submit a completed application and payment for your new policy. When you receive it, place the new proof of insurance certificate in a readily accessible location in your vehicle.
The key aspect of shopping around is that you’ll want to make sure you compare the same liability limits and deductibles on every price quote and and to analyze as many companies as possible. This enables an accurate price comparison and plenty of rates choose from.
A recent NerdWallet.com study revealed that the majority of drivers kept their policy with the same company for at least four years, and practically 40% of insurance customers have never even compared rates from other companies. Jacksonville insurance shoppers could save themselves nearly $1,100 a year, but they just don’t understand how easy it is to go online and compare rates.
If you have a current insurance policy, you will definitely be able to find the best rates using these techniques. Finding and comparing the most affordable insurance coverage in Jacksonville is not as time-consuming as you think. But Florida drivers can benefit by having an understanding of how the larger insurance companies sell insurance online and use it to find better rates.
Cheapest companies for Hyundai Sonata insurance
The auto insurance companies shown below can provide comparison quotes in Florida. If multiple providers are shown, it’s highly recommended you visit two to three different companies to find the cheapest auto insurance rates.
Rates and data analysis
The information shown below highlights estimates of prices for Hyundai Sonata models. Understanding more about how policy rates are calculated can help customers make informed decisions when shopping around for a new policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $248 | $450 | $444 | $26 | $132 | $1,300 | $108 |
| Sonata GLS 4-Dr Sedan | $248 | $450 | $444 | $26 | $132 | $1,300 | $108 |
| Sonata GLS 4-Dr Sedan | $248 | $450 | $444 | $26 | $132 | $1,300 | $108 |
| Sonata SE 4-Dr Sedan | $248 | $532 | $444 | $26 | $132 | $1,382 | $115 |
| Sonata SE 4-Dr Sedan | $248 | $532 | $444 | $26 | $132 | $1,382 | $115 |
| Sonata Limited 4-Dr Sedan | $280 | $532 | $444 | $26 | $132 | $1,414 | $118 |
| Sonata Limited 4-Dr Sedan | $280 | $532 | $444 | $26 | $132 | $1,414 | $118 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Information does not factor in zip code location which can influence prices noticeably.
Raise deductibles and save
One of the hardest decisions when shopping for auto insurance is at what level do you set your deductibles. The comparisons below sum up the rate fluctuation between high and low physical damage coverage deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $322 | $544 | $472 | $28 | $142 | $1,533 | $128 |
| Sonata GLS 4-Dr Sedan | $322 | $544 | $472 | $28 | $142 | $1,533 | $128 |
| Sonata GLS 4-Dr Sedan | $322 | $544 | $472 | $28 | $142 | $1,533 | $128 |
| Sonata SE 4-Dr Sedan | $322 | $640 | $472 | $28 | $142 | $1,629 | $136 |
| Sonata SE 4-Dr Sedan | $322 | $640 | $472 | $28 | $142 | $1,629 | $136 |
| Sonata Limited 4-Dr Sedan | $364 | $640 | $472 | $28 | $142 | $1,671 | $139 |
| Sonata Limited 4-Dr Sedan | $364 | $640 | $472 | $28 | $142 | $1,671 | $139 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $262 | $438 | $472 | $28 | $142 | $1,342 | $112 |
| Sonata GLS 4-Dr Sedan | $262 | $438 | $472 | $28 | $142 | $1,342 | $112 |
| Sonata GLS 4-Dr Sedan | $262 | $438 | $472 | $28 | $142 | $1,342 | $112 |
| Sonata SE 4-Dr Sedan | $262 | $516 | $472 | $28 | $142 | $1,420 | $118 |
| Sonata SE 4-Dr Sedan | $262 | $516 | $472 | $28 | $142 | $1,420 | $118 |
| Sonata Limited 4-Dr Sedan | $296 | $516 | $472 | $28 | $142 | $1,454 | $121 |
| Sonata Limited 4-Dr Sedan | $296 | $516 | $472 | $28 | $142 | $1,454 | $121 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Rate quotes do not factor in vehicle garaging location which can revise coverage prices considerably.
Using the premium rates above, we can conclude that using a $250 deductible costs roughly $17 more each month or $204 annually across all Hyundai Sonata models than selecting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to go more than 15 months between claims, you would save money going with the higher deductible.
Full coverage rates compared to liability-only
The illustration below visualizes the comparison of Hyundai Sonata insurance costs with full coverage and liability only. The data assumes no tickets, no at-fault accidents, $250 deductibles, drivers are single, and no policy discounts are applied.
When to drop comprehensive and collision coverage
There is no specific rule for dropping comp and collision coverage, but there is a guideline you can consider. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s say your Hyundai Sonata settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after paying your deductible. If you are paying more than $800 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some situations where dropping physical damage coverage is not in your best interest. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not consider dropping full coverage.
Why Your Insurance Rates might be higher
Lots of factors are used when pricing auto insurance. Some are obvious such as your driving history, but some are less obvious like where you live and annual miles driven.
Shown below are some of the items used by companies to determine premiums.
Your job is a factor – Jobs such as fire fighters, air traffic controllers, and financial analysts tend to have higher average rates attributed to intense work requirements and lots of time spent away from family. On the flip side, professions such as scientists, historians and retirees receive lower rates.
Cheaper rates by combining – Many insurers provide a discount to buyers that buy multiple policies such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it’s always a smart idea to compare Hyundai Sonata rates in Jacksonville to ensure the best deal.
Safer vehicles are cheaper to insure – Cars with five star safety ratings can get you lower premiums. Highly rated vehicles have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies and cheaper rates on your policy.
Prices may be higher where you live – Residing in small towns and rural areas has it’s advantages when talking about insurance. City drivers have traffic congestion and a longer drive to work. Fewer drivers and short commutes translates into fewer accident claims and also fewer theft and vandalism claims.
Save money with responsible credit – Having a bad credit score factor in your rate calculation. Drivers with high credit scores tend to file fewer claims than drivers who have poor credit. Therefore, if your credit can use some improvement, you could pay less to insure your Hyundai Sonata if you clean up your credit.
Hyundai Sonata statistical loss data – Auto insurance companies factor in historical loss data when they calculate premium rates for each model. Models that historically have higher prevalence or dollar amount of losses will have higher rates for specific coverages. The table below demonstrates the collected loss data for Hyundai Sonata vehicles.
For each coverage type, the claim probability for all vehicles, as a total average, is considered to be 100. Numbers that are below 100 indicate better than average losses, while percentages above 100 show a trend for more claims or tendency to have higher losses.
| 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 |
Statistics from IIHS.org for 2013-2015 Model Years
Insurance discounts help lower rates for Hyundai Sonata insurance in Jacksonville
Companies offering auto insurance don’t always list the entire discount list very well, so we break down both the well known in addition to some of the lesser obvious credits available to you.
- Online Discount – Many insurance companies will give a small break shop Jacksonville auto insurance digitally online.
- Discount for Swiching Early – Select insurance companies give a discount for signing up early. It could save around 10% when you buy Jacksonville auto insurance online.
- Use Seat Belts – Using a seat belt and requiring all passengers to buckle up can save a little off the medical payments premium.
- Senior Discount – Drivers over the age of 55 may qualify for a small discount on rates.
- Professional Memberships – Belonging to a qualifying organization can get you a small discount on your bill.
- First Accident Forgiveness – Not necessarily a discount, but companies like Progressive, Allstate, and GEICO will forgive one accident before raising your premiums so long as you are claim-free for a set time period.
- Multiple Vehicles – Buying insurance for several vehicles with the same insurance company can get a discount for every vehicle.
- Federal Employees – Simply working for the federal government can earn a discount up to 10% with some insurance companies.
- College Student – Older children living away from Jacksonville attending college without a vehicle on campus could get you a discount.
Please keep in mind that most discount credits are not given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you could get a free insurance policy, insurance companies wouldn’t stay in business.
The example below illustrates the comparison of Hyundai Sonata annual premium costs with and without discounts applied to the policy premium. Data assumes a male driver, no tickets, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, multi-car, claim-free, and marriage discounts applied.
A partial list of companies that have some of the above discounts possibly include:
Check with each company which credits you are entitled to. All car insurance discounts may not apply to policyholders in Jacksonville.
You may need advice from an insurance agency
Some people just want to visit with an insurance agent and that is just fine! The biggest benefit of comparing rate quotes online is that you can obtain the best rates but still work with a licensed agent. Buying from neighborhood agents is definitely important in Jacksonville.
After filling out this form (opens in new window), your information is transmitted to local insurance agents in Jacksonville that provide free Jacksonville auto insurance quotes for your coverage. It makes it easy because there is no need to find an agent due to the fact that quote results will go straight to your inbox. You can find the lowest rates without the usual hassles of price shopping. In the event you want to get a price quote from a specific insurance company, you would need to go to their quote page and submit a quote form there.
If you need to find an insurance agent, you must know there are a couple different agency structures and how they function. Agencies in Jacksonville can be classified as either independent agents or exclusive agents depending on their employer.
Independent Agencies or Brokers
These type of agents often have many company appointments so they can insure your vehicles with a variety of different insurance companies and help determine which has the cheapest rates. If you are not satisfied with one company, they simply move your policy to a different company and you stay with the same agent.
When comparison shopping, we recommend you include rate quotes from several independent agencies in order to have the best price comparison. Most also write with smaller regional carriers which may have better rates.
Listed below is a short list of independent agencies in Jacksonville that can possibly get you price quote information.
- Brightway Insurance
8206 Philips Hwy – Jacksonville, FL 32256 – (904) 527-3029 – View Map - Contemporary Affordable Insurance Agency
212 E Forsyth St – Jacksonville, FL 32202 – (904) 350-0014 – View Map - Erwin Insurance, LLC
841 Prudential Drive, 12th Floor – Jacksonville, FL 32207 – (904) 764-7531 – View Map
Exclusive Agents
Exclusive agents can only quote rates from one company and examples are State Farm, Allstate, and Farm Bureau. These agents are unable to compare other company’s rates so you might not find the best rates. Exclusive agents are usually well trained on their company’s products which helps offset the inability to provide other markets. Consumers frequently buy from the same agent for years primarily because of the brand legacy and the convenience of having a single billing for all their coverages.
Listed below is a short list of exclusive agents in Jacksonville that can give you price quote information.
- Therese Quinn – State Farm Insurance Agent
1944 Southside Blvd – Jacksonville, FL 32216 – (904) 724-6040 – View Map - Edie Williams – State Farm Insurance Agent
2325 Park St – Jacksonville, FL 32204 – (904) 425-4054 – View Map - Randy Taylor – State Farm Insurance Agent
3041 Monument Rd #1 – Jacksonville, FL 32225 – (904) 642-2400 – View Map
Finding the right insurance agent should depend on more than just the price. Ask your prospective agent these questions:
- Will the agent help in case of a claim?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Which companies do they recommend if they are an independent agency?
- Can they help ensure a fair claim settlement?
- Do they write coverage based solely on cost?
- How experienced are they in personal risk management?
- Is insurance their full-time profession?
Cheap auto insurance premiums are out there
As you quote Jacksonville auto insurance, you should never sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice uninsured motorist or liability limits and learned later that it was a big error on their part. The goal is to get the best coverage possible at the lowest possible cost while still protecting your assets.
Drivers change insurance companies for a variety of reasons including being labeled a high risk driver, policy cancellation, unfair underwriting practices and not issuing a premium refund. Whatever your reason, switching companies is not as hard as you think.
Some auto insurance companies do not offer price quotes online and these smaller companies provide coverage only through independent insurance agents. Budget-conscious Hyundai Sonata insurance can be sourced both online in addition to local insurance agencies, and you need to comparison shop both to have the best chance of lowering rates.
Steps to buying discount Hyundai Sonata insurance in Jacksonville
If you want to save money, the best way to find affordable quotes for Hyundai Sonata insurance is to start doing a yearly price comparison from providers in Jacksonville. You can compare rates by following these guidelines.
- Read about auto insurance and the factors you can control to prevent expensive coverage. Many risk factors that drive up the price such as at-fault accidents, careless driving, and an unacceptable credit score can be controlled by making small lifestyle or driving habit changes.
- Quote rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from a single company like Progressive or Farmers Insurance, while independent agents can quote rates from many different companies. Compare rates
- Compare the quotes to your existing policy to see if you can save by switching companies. If you find a lower rate and switch companies, make sure coverage does not lapse between policies.
- Provide notification to your current company of your intention to cancel your current car insurance policy and submit the signed application along with the required initial payment to the new company. Once received, keep your new proof of insurance paperwork along with your vehicle registration.
One key aspect when comparing rates is that you’ll want to compare identical coverage information on every quote request and and to get rate quotes from as many different insurance providers as possible. Doing this guarantees an apples-to-apples comparison and a complete price analysis.
More information is located at the links below
- What is Full Coverage? (Allstate)
- What Car Insurance is Cheapest for High Mileage Drivers in Jacksonville? (FAQ)
- Parking Tips to Reduce Door Dings (State Farm)
- Medical Payments Coverage (Liberty Mutual)
- What is a Telematics Device? (Allstate)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)