Best Cheap Insurance for a Hyundai Elantra in North Carolina

The chances that you’ll find cheaper insurance for a Hyundai Elantra in North Carolina depends on a complicated rating formula that uses factors such as how you use your vehicle, the condition of your credit, and if you had any at-fault accidents in the last few years. North Carolina drivers on average pay approximately $680 a year to insure their Elantra, but that is an approximation that uses a 50-year-old married male who needs both comprehensive and collision coverage and $100 deductibles.

The issue with using an average estimated rate is the likelihood you are not a 50-year-old male, possibly single instead of married, and you need different coverage limits than the sample rates. Auto insurance is not the same for everyone, so the best way to find cheap auto insurance rates for your Hyundai is to just compare rates yourself.

Insure Your Hyundai for Less

The specific trim level will influence the coverage cost, so the rate you pay to insure a Elantra GLS Touring Station Wagon model will be $80 cheaper than the insurance cost for the higher-end Elantra SE Touring Station Wagon trim level, as shown in the chart below.

Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Rates do not factor in vehicle garaging location which can raise or lower rates substantially.

Ending up with the right insurance provider can be rather challenging considering how many companies there are to choose from in North Carolina. The ranking data shown next may help you choose which car insurance companies to look at when comparing auto insurance rates for a Hyundai Elantra. These ratings include the largest auto insurers in America, so smaller regional companies are not factored into this list.

Discounts on the best cheap insurance for a Hyundai Elantra in North Carolina

Car insurance companies that offer quotes for a Hyundai Elantra may also give you policy discounts that can reduce rates by 40% or more if you are eligible for them. Popular insurance companies and the discounts they provide are included below.

• State Farm discounts include good student, accident-free, anti-theft, driver’s education, and student away at school.
• Progressive includes discounts for online quote discount, online signing, homeowner, multi-policy, and good student.
• Progressive may offer discounts for online signing, homeowner, good student, multi-policy, online quote discount, and multi-vehicle.
• MetLife may have discounts that include good student, claim-free, defensive driver, multi-policy, and accident-free.
• Farm Bureau offers discounts for 55 and retired, safe driver, good student, youthful driver, and multi-vehicle.
• GEICO offers discounts including daytime running lights, multi-vehicle, federal employee, military active duty, and driver training.
• SAFECO has savings for anti-theft, anti-lock brakes, teen safety rewards, drive less, and homeowner.

The diagram below shows the difference between yearly insurance costs with and without discounts applied to the rates. The costs are based on a male driver, no violations or claims, North Carolina state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with anti-theft, homeowner, accident-free, multiple policy, multiple vehicle, and marriage discounts applied. When drivers qualify for the discounts, the the average yearly reduction on insurance for a Hyundai Elantra is 27% or $361.

How careless driving impacts North Carolina insurance rates

One of the best ways to enjoy low insurance prices for an Elantra is to drive carefully and avoid at-fault accidents and violations. The chart below illustrates how traffic citations and fender-benders can influence car insurance rates for each age group. The prices are based on a married male driver, comp and collision included, $500 deductibles, and no policy discounts are applied.

In the prior example, the average cost of auto insurance in North Carolina per year with no accidents or violations is $1,009. Add in one speeding ticket and the average cost jumps to $1,156, an increase of $148 each year. Now add in one accident along with the one speeding ticket and the yearly cost of insurance for a Hyundai Elantra jumps again to an average of $1,572. That’s an increase of $563, or $47 per month, just for a couple of infractions!

Geico, Progressive, State Farm, and Allstate: Who is best?

When comparing insurance for an Elantra in North Carolina, the most popular companies are Geico, Progressive, State Farm, and Allstate. All of them offer physical damage and liability coverage, but each has a slightly different set of options and discounts that buyers can choose from. The following table shows ratings and policy coverage options offered by each company.