Best Cheap Insurance Quotes for a Hyundai Elantra in Louisiana

When writing about car insurance, the word “cheap” really shouldn’t be used anywhere in the article as a descriptor for car insurance rates. Sad but true, cheap auto insurance for a Hyundai Elantra can be hard, if not impossible, to find. We’ll try to make it up to you, because there may be ways you can get auto insurance that is cheaper than what you are paying now.

The odds of finding cheap insurance for a Hyundai Elantra in Louisiana is contingent on an enormous amount of rating factors like when you were born, if you currently have coverage, and violations on your driving record. Drivers pay on average $1,060 every 12 months for Elantra insurance, but that cost is a valuation using a 50-year-old single male driver that includes full coverage and $1,000 physical damage deductibles.

There is a very good chance that you are not a 50-year-old male, married instead of single, or maybe your Louisiana zip code is rated cheaper than the example. What seems to be a minor change in rating variables can result in a large change in how much coverage for a Hyundai Elantra costs.

There is no one cookie-cutter policy that works for everyone, so the best way to quote the cheapest rates for your Hyundai is to compare rates from as many companies as possible. Quotes are free and easy and you can get prices from the best companies in Louisiana.

Save Now on Elantra Insurance

Your Hyundai’s trim level tends to have a direct effect on price, so the price to insure a Elantra GLS Touring Station Wagon model will be $94 lower than the price to insure the more well-appointed Elantra SE Touring Station Wagon model, as shown below.

Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate quotes do not factor in your specific Louisiana location which can raise or lower coverage prices considerably.

Ratings for Louisiana car insurance companies

Buying coverage from a high-quality insurance company is hard considering how many choices drivers have in Louisiana. The ranking information in the next section could help you decide which providers to look at putting your business with.

These rankings only include the largest companies in the United States, so companies that may only write in Louisiana are not included in these rankings. To compare prices from the insurers below and more, click this link.

Top 10 Major Auto Insurance Providers in Louisiana Ranked by Value

1. American Family
2. AAA Insurance
3. Safeco Insurance
4. The Hartford
5. Progressive
6. 21st Century
7. The General
8. Esurance
9. USAA
10. State Farm

Top Companies for Hyundai Elantra Insurance in Louisiana

Rate difference between full and liability-only coverage

Finding the best cheap insurance for a Hyundai Elantra in Louisiana is important to most drivers, and one common way to save on the cost of insurance is to not buy full coverage. The example below shows the comparison of insurance premiums with liability coverage only compared to full coverage. The premium estimates are based on no claims, a clean driving record, $500 deductibles, single marital status, and no discounts are applied.

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On average, physical damage coverage costs $2,744 per year over and above liability coverage. Many people question when is the right time to remove full coverage. There isn’t a steadfast formula of when to exclude 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 any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s assume your vehicle’s replacement cost is $6,500 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $5,500 after you pay the deductible. If you are paying more than $550 annually for physical damage coverage, then you may need to consider dropping full coverage.

There are a few situations where eliminating full coverage is not a good plan. If you still have a loan on your vehicle, 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 in the event your current vehicle is totaled, you should not eliminate full coverage.

Which car insurance company is best?

When comparing insurance for an Elantra, four good companies to start with are State Farm, Progressive, Allstate, and Geico. The following table compares ratings and policy coverage options that may be available in Louisiana.