How Much are Insurance Quotes for a Hyundai Santa Fe in Iowa?

The likelihood of finding cheap car insurance for a Hyundai Santa Fe in Iowa is dependent upon many factors like if you are single or married, if you have a lapse in coverage, and any past driving violations you may have had. Drivers pay an average of $590 each year to insure a Hyundai Santa Fe, but that rate is an estimate using a 50-year-old married male driver that includes full comprehensive and collision coverage and $500 physical damage deductibles.

It’s more than likely that you may not be 50 years old (or even male), single instead of married, or maybe you have a teen driver on your policy that needs to be considered. Different coverage needs are the reason why the most reliable way to find the cheapest coverage for your Hyundai is to make a habit of comparing prices at least once a year.

View Hyundai Santa Fe Insurance Rates

The trim level of your Hyundai will influence the insurance rate, so the price you will pay to insure a Santa Fe GLS 2WD trim level will be $72 cheaper than the insurance cost for the fancier Santa Fe Limited 4WD model, as shown in the table below.

Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Iowa minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Information does not factor in your specific Iowa location which can change coverage rates considerably.

Selecting the best insurance company can be challenging considering how many different companies sell coverage in Iowa. The information shown next may help you decide which coverage providers you want to consider to insure your vehicles.

These rankings only include companies with a national presence, so smaller companies that only insure vehicles in Iowa are not factored into the list. If you’d like to compare prices from many more Iowa auto insurance companies, just click here.

Liability-only versus full coverage

Finding cheap insurance for a Hyundai Santa Fe in Iowa is the goal of the majority of drivers, and one common way to buy cheaper insurance is to not buy full coverage. The example below shows the comparison of insurance costs when comparing full coverage to liability only. The prices are based on no tickets, no at-fault accidents, $100 deductibles, single status, and no policy discounts are applied.

If all age groups are averaged, comp and collision coverage costs $1,865 per year more than just insuring for liability. That is a big expense that brings up the question if buying full coverage is worth the expense. There is no set guideline of when to eliminate physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full coverage.

There are a few cases where dropping physical damage coverage is not a good plan. If you haven’t paid off your loan, you are required to maintain full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not drop full coverage.

Which car insurance company is best?

If you are shopping around for insurance for a Santa Fe, the four most popular companies are State Farm, Progressive, Geico, and Allstate. The following table breaks down ratings for price, service, and claims, in additional to some of the optional coverages that may be available in your state.