Car Insurance Rates for a Hyundai Sonata in Newark

Insurance rates Hyundai Sonata in NewarkIf you want to save the most money, the best way to get affordable Hyundai Sonata insurance is to compare prices regularly from insurers in Newark.

An important bit of advice to remember is to use identical limits and deductibles on each price quote and and to get prices from as many auto insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and many rates to choose from.

It’s easy to assume that car insurance companies want to keep you from comparing prices. Drivers who compare price quotes will probably switch to a new company because the odds are good of finding a more affordable policy. A recent survey revealed that consumers who regularly compared price quotes saved approximately $850 each year compared to those who never compared prices.

If saving the most money on Hyundai Sonata insurance is your ultimate target, knowing how to get price quotes and compare coverages can help make the process easier and more efficient.

When shopping for Hyundai Sonata insurance in Newark there are multiple ways to compare rate quotes from different Newark insurance companies. The best way to do a complete rate comparison is to perform an online rate comparison.

Getting free price quotes online is quite simple, and it makes it obsolete to actually drive to all the different Newark insurance agencies. Quoting Hyundai Sonata insurance online has reduced the need for local agents unless you want the professional advice of a local Newark agent. Drivers can get prices online but have your policy serviced through an agent.

When comparing insurance rates, know that getting more free quotes provides better odds of finding better pricing. Some companies don’t provide online price quotes, so it’s necessary to compare price estimates on coverage from those companies, too.

The companies shown below can provide quotes in New Jersey. To buy cheaper car insurance in Newark, we recommend you visit two to three different companies in order to get a fair rate comparison.

Why you need to buy car insurance

Despite the high cost of buying insurance for a Hyundai Sonata in Newark, insuring your vehicle may be required and benefits you in several ways.

The benefits of carrying adequate insurance are without a doubt worth the cost, especially with large liability claims. But the average driver in New Jersey overpays more than $700 annually so you should quote and compare rates at every renewal to ensure rates are competitive.

Data for Hyundai Sonata insurance

The rate table displayed below highlights a range of policy rates for Hyundai Sonata models. Having a better understanding of how auto insurance prices are formulated is important for making informed decisions when comparing rates.

Hyundai Sonata Insurance Rates in Newark, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $224 $452 $658 $38 $196 $1,568 $131
Sonata GLS 4-Dr Sedan $224 $452 $658 $38 $196 $1,568 $131
Sonata GLS 4-Dr Sedan $224 $452 $658 $38 $196 $1,568 $131
Sonata SE 4-Dr Sedan $224 $534 $658 $38 $196 $1,650 $138
Sonata SE 4-Dr Sedan $224 $534 $658 $38 $196 $1,650 $138
Sonata Limited 4-Dr Sedan $254 $534 $658 $38 $196 $1,680 $140
Sonata Limited 4-Dr Sedan $254 $534 $658 $38 $196 $1,680 $140
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Price data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Estimates do not factor in vehicle location which can change insurance rates substantially.

Drive safe and save

The chart below highlights how speeding tickets and at-fault collisions can drive up Hyundai Sonata insurance premiums for each different age group. The rates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.

Comparison of full coverage and liability-only policies

The illustration below visualizes the comparison of Hyundai Sonata insurance prices with and without full coverage. The premium estimates are based on no claims or driving violations, $100 deductibles, drivers are not married, and no policy discounts are applied.

Deciding between full coverage and liability only

There isn’t a steadfast formula for excluding comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your Hyundai Sonata settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $3,000 after paying your policy deductible. If it’s costing you more than $300 a year for full coverage, then it may be the right time to buy liability only.

There are some circumstances where dropping physical damage coverage is not recommended. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should keep full coverage.

Car insurance policy discounts for Hyundai Sonata insurance in Newark

Insurance can cost an arm and a leg, but there’s a good chance there are discounts to help bring down the price. Certain credits will be shown at the time of quoting, but once in a while a discount must be asked for before being credited.Car insurance discounts

Discounts save money, but please remember that some of the credits will not apply to the whole policy. Most only cut individual premiums such as comp or med pay. So even though they make it sound like all the discounts add up to a free policy, companies don’t profit that way.

The chart below illustrates the comparison of Hyundai Sonata insurance costs with and without discounts applied to the policy rates. The premium estimates are based on a male driver, no claims or driving violations, New Jersey state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-policy, safe-driver, claim-free, and multi-car discounts applied.

The best car insurance companies and their possible discounts can be read below.

If you are trying to find the cheapest Hyundai Sonata rate quotes, ask each company or agent which discounts you qualify for. Discounts may not be offered everywhere. If you would like to choose from a list of insurers that provide some of the discounts listed above in Newark, click here to view.

Auto insurance quotes from local neighborhood Newark car insurance agents

Some people would rather get advice from a local agent and that can be a great decision One of the benefits of price shopping on the web is that you can obtain the best rates and still buy from a local agent.

For easy comparison, once you complete this simple form, your insurance data is transmitted to local insurance agents who will give competitive quotes for your coverage. It’s much easier because you don’t need to find an agent due to the fact that quote results will go to you directly. You can find lower rates and a licensed agent to work with. If you wish to compare prices from a specific auto insurance provider, don’t hesitate to navigate to their website and submit a quote form there.

Deciding on an company is decision based upon more than just a cheap price. Ask your prospective agent these questions:

If you want to buy auto insurance from a reputable insurance agent or broker, you should know the types of insurance agents and how they differ in how they can insure your vehicles. Newark agents are either independent (non-exclusive) or exclusive.

Exclusive Auto Insurance Agents

These type of agents can only provide pricing for a single company and examples are Allstate and State Farm. Exclusive agents cannot provide prices from multiple companies so you need to shop around if the rates are high. Exclusive insurance agents are well trained on their company’s products and that enables them to sell even at higher rates.

Listed below are exclusive agents in Newark who may provide you with price quote information.

360 Chestnut StNewark, NJ 07105(800) 701-5909View Map

681 1/2 Mt Prospect AveNewark, NJ 07104(973) 484-5772View Map

229 Bloomfield AveNewark, NJ 07104(973) 482-1975View Map

View more agents

Independent Auto Insurance Agencies

These type of agents are normally appointed by many insurers so they can insure your vehicles amongst many companies and find you cheaper rates. If they quote lower rates, the business is moved internally and you won’t have to switch agencies. When comparing rate quotes, you will want to check rates from independent agents in order to have the best price comparison.

Below is a short list of independent insurance agents in Newark willing to provide price quotes.

775 Newark AveJersey City, NJ 07306(201) 217-1780View Map

Arabo Insurance Group Inc
675 Bergen StNewark, NJ 07108(973) 391-9595View Map

Acosta Agency
568 Broadway # BNewark, NJ 07104(973) 482-5898View Map

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Don’t assume everyone needs the same auto insurance coverage

When selecting coverage, there really is no best way to insure your cars. Your needs are unique to you.Safe vehicles cost less to insure

Here are some questions about coverages that may help you determine whether you may require specific advice.

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form.

Cheaper coverage is out there

As you restructure your insurance plan, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

We covered many ways to get a better price on Hyundai Sonata insurance in Newark. The key concept to understand is the more companies you get prices for, the better your comparison will be. You may even find the biggest savings come from some of the lesser-known companies.

People who switch companies do it for many reasons like high prices, lack of trust in their agent, questionable increases in premium or even policy cancellation. Regardless of your reason, choosing a new company can be easy and end up saving you some money.

Additional information can be found at the links below