It's a known fact that insurance companies don't want customers comparing rates. Drivers who shop around annually will presumably move their business because they have a good chance of finding a policy with more affordable rates. A study showed that drivers who shopped around every year saved $3,450 over four years as compared to drivers who never shopped around for cheaper prices.
If finding the best rates on Hyundai Equus insurance in Santa Ana is the reason you're reading this, then having an understanding of the best way to shop and compare auto insurance can make it easier for you to save money.
If you want to find the absolute lowest rates, then the best way to save money on Hyundai Equus insurance is to do an annual price comparison from providers who can sell car insurance in Santa Ana. You can shop around by following these steps.
- First, spend a few minutes and learn about individual coverages and the measures you can control to prevent rate increases. Many risk factors that increase rates such as accidents, careless driving, and a negative credit rating can be improved by making lifestyle changes or driving safer. This article provides more ideas to get lower rates and find possible discounts that are available.
- Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like GEICO or Farmers Insurance, while independent agencies can give you price quotes for a wide range of companies.
- Third, compare the new rate quotes to the premium of your current policy to see if cheaper Equus coverage is available in Santa Ana. If you can save some money and make a switch, verify that coverage does not lapse between policies.
- Fourth, notify your current company to cancel the current policy and submit the completed application along with a down payment for the new coverage. As soon as you can, put the new proof of insurance paperwork in your vehicle.
A tip to remember is that you'll want to make sure you compare the same physical damage deductibles and liability limits on every quote and and to get rate quotes from as many carriers as you can. This helps ensure a fair price comparison and plenty of rates choose from.
You Can Change Your Insurance Premiums
Lots of factors are considered when you get your auto insurance bill. Some factors are common sense such as your driving history, but others are not quite as obvious like where you live or your commute time.
Do males or females drive better? - Over time, data shows that women are safer drivers than men. It does not mean men are WORSE drivers than women. They both cause fender benders at a similar rate, but men tend to have more serious accidents. Not only are claims higher, but men get more serious tickets such as DWI and reckless driving.
Liability limits are a factor - Your policy's liability coverage is the protection in the event that you are found liable for causing personal injury or damage in an accident. It provides legal defense to attempt to prove you were not liable. It is affordable coverage compared to insuring for physical damage coverage, so drivers should carry high limits.
See if your company offers a multi-policy discount - Many insurers apply better rates to policyholders who carry more than one policy. It's known as a multi-policy discount. Even if you qualify for this discount already, it's still a good idea to compare Hyundai Equus rates in Santa Ana to make sure you are getting the best deal.There is a good possibility that you can save even more even if you have your coverage with different companies
Save money with higher comp and collision deductibles - The deductibles tell how much you are willing to pay in the event of a claim. Physical damage protection, aka comp and collision, is used to repair damage to your car. Some coverage claims would be collision with another vehicle, damage from fire, or theft of your vehicle. The more you pay before a claim is paid (deductible), the lower your rates will be.
Youthful drivers are expensive to insure - Older insureds are more cautious drivers, are lower risk to insure, and are generally more financially stable. Teen drivers are statistically proven to be less responsible with other occupants in the car therefore insurance rates are much higher.
Safer occupants lowers premiums - Vehicles with high crash test scores tend to have lower insurance rates. Safe vehicles help reduce the chance of injuries in an accident and lower rates of occupant injuries means less money paid by your insurance company which can mean better rates for you.
A coverage lapse can increase premiums - Not having insurance is illegal and you may have a hard time finding new coverage because you let your insurance lapse. In addition to paying higher rates, getting caught without coverage can result in a license revocation or jail time.
Marriage brings a discount - Walking down the aisle may save some money on your insurance policy. Having a spouse usually means you are less irresponsible and insurance companies like that married drivers tend to have fewer serious accidents.
Hyundai Equus insurance loss data - Companies analyze past claim statistics as a way to help calculate a profitable premium price. Models that historically have increased losses will cost more for specific coverages.
The table below demonstrates the historical insurance loss data for Hyundai Equus vehicles. For each policy coverage, the claim probability for all vehicles, regardless of make, model or trim level, is represented as 100. Numbers under 100 indicate a favorable loss history, while values that are 100 or greater point to more claims or an increased probability of a larger loss.
| Specific Hyundai Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Hyundai Equus 4dr | 155 | 83 | 225 | 85 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Get cheaper Hyundai Equus insurance in Santa Ana with discounts
Some companies do not list all possible discounts in an easy-to-find place, so the list below details a few of the more well known and also the more inconspicuous credits available to you. If you are not receiving all the discounts you deserve, you are paying more than you should be.
- E-sign - A few larger online companies will discount your bill up to fifty bucks for buying your policy over the internet.
- Accident Forgiveness - Not really a discount, but a handful of insurance companies will turn a blind eye to one accident without getting socked with a rate hike so long as you haven't had any claims prior to being involved in the accident.
- Good Students Pay Less - Maintaining excellent grades may save you up to 25%. This discount can apply up until you turn 25.
- Driver's Education for Students - Teen drivers should take driver's ed class if offered at their school.
- Anti-theft Discount - Cars and trucks equipped with anti-theft or alarm systems help deter theft so companies will give you a small discount.
- Club Memberships - Belonging to specific professional or occupational memberships or organizations is a good way to get lower rates on auto insurance.
- Save with a New Car - Adding a new car to your policy can save you some money due to better safety requirements for newer vehicles.
You should keep in mind that some credits don't apply to the entire policy premium. Most only apply to individual premiums such as comprehensive or collision. Just because you may think all those discounts means the company will pay you, auto insurance companies aren't that generous.
Some companies that may offer quotes with most of the discounts above include:
It's a good idea to ask every prospective company the best way to save money. Some of the earlier mentioned discounts may not apply in your state. To view auto insurance companies who offer cheap Hyundai Equus insurance quotes in California, follow this link.
What is the best car insurance company in Santa Ana?
Finding a high-quality insurance provider is hard considering how many different insurance companies sell coverage in California. The company information listed below can help you decide which car insurance companies to look at when looking for cheaper rates.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| AAA of Southern California | 91 | 94 | 97 | 92% | A+ | 94.1 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Compare. Compare. Compare.
When trying to cut insurance costs, do not reduce needed coverages to save money. Too many times, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that they should have had better coverage. Your focus should be to get the best coverage possible at the best possible price.
Cheaper Hyundai Equus insurance in Santa Ana can be sourced from both online companies as well as from insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers do not offer the ability to get quotes online and most of the time these regional insurance providers prefer to sell through independent insurance agencies.
For more information, feel free to visit these articles:
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Who Has the Cheapest Santa Ana Car Insurance for Low Income Drivers? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Nissan Rogue in Santa Ana? (FAQ)
- Who Has the Cheapest Auto Insurance for a Kia Forte in Santa Ana? (FAQ)
- How Much is Auto Insurance for Teenage Males in Santa Ana? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Jeep Wrangler in Santa Ana? (FAQ)
- Auto Crash Statistics (Insurance Information Institute)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)