Who Has Cheap Insurance for a Hyundai Santa Fe in New Hampshire?

Your chances of finding cheaper auto insurance for a Hyundai Santa Fe in New Hampshire is contingent on a lot of different factors such as whether you are married, if you have ever let your coverage lapse, and any past driving violations you may have had. Drivers pay an average rate of $830 a year for Santa Fe insurance, but that is based on a 30-year-old single male driver that included both comprehensive and collision coverage and $250 physical damage deductibles.

The issue with using an average estimated rate is the likelihood you are not a 30-year-old male, maybe you are married instead of single, and maybe your Santa Fe just needs liability-only coverage. Just a slight change in quote information can produce large changes in policy price.

Every driver has a different risk profile, so your best chance at finding the cheapest coverage for your Hyundai is to compare rates from as many companies as possible. Rate quotes are easy and you will receive prices from the best auto insurance companies that sell coverage in New Hampshire.

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The trim level of your vehicle can impact price, so the rate you pay to insure a Santa Fe GLS 2WD will be $108 less expensive the cost to insure the high end Santa Fe Limited 4WD version, as shown in the chart below.

Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and New Hampshire minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Premium amounts do not factor in specific location information which can lower or raise coverage rates greatly.

Best auto insurance company in New Hampshire

Ending up with a high-quality insurance provider can be rather challenging considering how many choices drivers have in New Hampshire. The rank data in the lists below could help you decide which providers you want to consider shopping prices with.

These ratings only include large nationwide companies, so companies that focus mainly on New Hampshire business will not be included in this list. To get price quotes from the insurers below and more, simply click here.

Top 10 Large Auto Insurers in New Hampshire Ranked by A.M. Best Rating

1. GEICO – A++
2. Travelers – A++
3. State Farm – A++
4. USAA – A++
5. Esurance – A+
6. Allstate – A+
7. Nationwide – A+
8. Progressive – A+
9. The Hartford – A+
10. The General – A-

Top 10 Large Auto Insurers in New Hampshire Ranked by Customer Satisfaction

1. The Hartford – 93%
2. The General – 91%
3. Progressive – 90%
4. 21st Century – 89%
5. Travelers – 87%
6. State Farm – 87%
7. USAA – 87%
8. Safeco Insurance – 86%
9. AAA Insurance – 86%
10. GEICO – 85%

Top Companies for Hyundai Santa Fe Insurance in New Hampshire

How much more does full coverage cost in New Hampshire?

Finding cheap insurance for a Hyundai Santa Fe in New Hampshire is the goal of the majority of vehicle owners, and a great way to buy cheaper insurance is to only buy liability insurance. The illustration below illustrates the comparison of insurance rates with full coverage compared to only the New Hampshire minimum liability coverage. The rates are based on no violations or claims, $100 deductibles, marital status is single, and no discounts are taken into consideration.

If all age groups are averaged, physical damage insurance costs $1,776 per year over having just liability coverage. At some point, almost every driver questions if full coverage is worth the money. There isn’t a steadfast formula to delete physical damage insurance, but there is a guideline you can consider. If the annual cost of having full coverage is more than 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your vehicle’s book value is $7,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after you pay the deductible. If premiums are more than $600 a year for physical damage coverage, then you might consider buying liability only.

Responsible drivers pay cheaper New Hampshire auto insurance rates

The easiest method to enjoy cheap insurance for a Hyundai Santa Fe in New Hampshire is to pay attention while driving and avoid tickets and accidents. The example below highlights how speeding tickets and at-fault accidents influence insurance costs for different age groups of insureds. The premiums are based on a married female driver, full coverage, $500 deductibles, and no additional discounts are factored in.

The data charted above shows the average cost of auto insurance per year with a clean driving record and no accidents is $1,025. Receive two speeding tickets and the average cost jumps to $1,451, an increase of $426 each year. Now add one accident along with the two speeding tickets and the annual cost of auto insurance for a Hyundai Santa Fe goes up to an average of $1,880. That’s an increase of $855, or $71 per month, just for not paying attention while driving!

How to find cheap insurance for a Hyundai Santa Fe in New Hampshire

Here are many penny-pinching solutions that can help drivers locate lower-cost coverage.

• Drive vehicles with five-star safety ratings
• At-fault accidents will increase rates
• Do not waste money insuring older vehicles for full coverage
• Do not get tickets
• Insure your home and auto with the same company
• Earn discounts for being claim-free
• Keep rates low by shopping around frequently

That final tip is very important, as we discussed in the article above. Coverage rates in New Hampshire vary greatly, so drivers shouldn’t be resistant to switch to a new company if a better rate can be found. Staying with the same company for years is fine, but it’s not recommended if that inflexibility results in costing you several hundred dollars every year. If you have a few minutes, compare prices to find cheaper insurance for a Hyundai Santa Fe.

Cheapest Hyundai Santa Fe insurance quotes

There are many ways to quote cheap auto insurance rates in New Hampshire, but the most common methods are through an independent agent, an exlusive agent like State Farm or Liberty Mutual, or direct either online or via phone. They all have the same end result, but buyers should know the differences in how they work.

Independent agencies have contracts with many companies and can get policy pricing from all of them. Independent agents have the freedom to give you more rate choices, which may provide you with improved odds of finding cheaper coverage. If a cheaper price is found, they simply move your policy to a different company which makes it simple for you.

Exclusive agents are only able to give rates for just one company such as an Allstate or Liberty Mutual agent. They generally cannot compare rates from other companies, so if finding the cheapest auto insurance is your goal, you will want to shop around.

The last way is buying direct, which means you bypass a local agent and instead buy from a direct company like Progressive or Esurance. Buying auto insurance direct may be the best choice families who do not have a lot of assets and have a good understanding of what specific coverages they need.

So which of the methods works best to find cheap insurance for a Hyundai Santa Fe in New Hampshire? It would be premature to say buying direct results in the best prices since there is no need to pay agent commissions, but that turns out to not be true. We could also assume that an independent agency guarantees the lowest rates because they can quote many companies, but that is not necessarily true either. In the right set of circumstances, exclusive agents have price quotes well below independent agents AND direct companies.

Since auto insurance rates vary so much, the only real way to ensure the lowest rates is to obtain price quotes and compare them. If you want to save money, get quotes from all three to give yourself plenty of rates to compare. For a list of auto insurance companies with low rates, click here to view.