Discount Hyundai Genesis insuranceThere isn't a single person who anticipates paying for car insurance, especially when they are aware that their premiums are through the roof.

Amazingly, most car insurance buyers have bought car insurance from the same company for well over three years, and approximately 40% of consumers have never compared car insurance rates at all. Columbia insurance shoppers could save $750 a year just by getting comparison quotes, but they assume it's a waste of time to compare rate quotes. Popular companies such as Allstate and Progressive continually hit you with advertising and consumers find it hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.

Companies offering Hyundai Genesis insurance in Columbia

The following companies can provide free quotes in Columbia, SC. If multiple companies are shown, it's a good idea that you click on several of them to get a more complete price comparison.

Hyundai Genesis Insurance Cost Estimates in Columbia, SC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Genesis 2.0T 2-Dr Coupe $230 $500 $400 $24 $120 $1,274 $106
Genesis 3.8 4-Dr Sedan $324 $602 $350 $20 $106 $1,402 $117
Genesis 2.0T Premium 2-Dr Coupe $234 $380 $558 $34 $168 $1,374 $115
Genesis 3.8 2-Dr Coupe $256 $500 $400 $24 $120 $1,300 $108
Genesis 2.0T Track 2-Dr Coupe $196 $428 $554 $32 $166 $1,376 $115
Genesis 3.8 Grand Touring 2-Dr Coupe $264 $558 $516 $30 $154 $1,522 $127
Genesis 4.6 4-Dr Sedan $186 $348 $298 $18 $90 $940 $78
Genesis 3.8 Track 2-Dr Coupe $362 $936 $516 $30 $154 $1,998 $167
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Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and South Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Premium costs do not factor in your specific Columbia location which can affect coverage rates significantly.

Difference between full coverage and liability only rates

The diagram below illustrates the comparison of Hyundai Genesis insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premium estimates are based on no accidents or driving violations, $500 deductibles, single female driver, and no additional discounts are factored in.

Should you be buying full coverage?

There is no clear-cut formula to eliminate full coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let's assume your Hyundai Genesis replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $2,000 after you pay the deductible. If you are paying in excess of $200 annually for full coverage, then you might consider buying liability only.

There are some conditions where buying only liability insurance is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Higher deductibles lower rates

When comparing auto insurance rates, the most common question is where to set your physical damage deductibles. The rates below can help you visualize the premium difference of buying low and high coverage deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second rate chart uses a $500 deductible.

Hyundai Genesis insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Genesis 2.0T 2-Dr Coupe $298 $602 $426 $26 $128 $1,505 $125
Genesis 3.8 4-Dr Sedan $332 $524 $290 $18 $86 $1,275 $106
Genesis 2.0T Premium 2-Dr Coupe $332 $602 $426 $26 $128 $1,539 $128
Genesis 3.8 2-Dr Coupe $332 $602 $426 $26 $128 $1,539 $128
Genesis 2.0T Track 2-Dr Coupe $332 $602 $426 $26 $128 $1,539 $128
Genesis 3.8 Grand Touring 2-Dr Coupe $332 $602 $426 $26 $128 $1,539 $128
Genesis 4.6 4-Dr Sedan $332 $602 $290 $18 $86 $1,353 $113
Genesis 3.8 Track 2-Dr Coupe $332 $682 $426 $26 $128 $1,619 $135
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Hyundai Genesis insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Genesis 2.0T 2-Dr Coupe $242 $486 $426 $26 $128 $1,308 $109
Genesis 3.8 4-Dr Sedan $270 $422 $290 $18 $86 $1,086 $91
Genesis 2.0T Premium 2-Dr Coupe $270 $486 $426 $26 $128 $1,336 $111
Genesis 3.8 2-Dr Coupe $270 $486 $426 $26 $128 $1,336 $111
Genesis 2.0T Track 2-Dr Coupe $270 $486 $426 $26 $128 $1,336 $111
Genesis 3.8 Grand Touring 2-Dr Coupe $270 $486 $426 $26 $128 $1,336 $111
Genesis 4.6 4-Dr Sedan $270 $486 $290 $18 $86 $1,150 $96
Genesis 3.8 Track 2-Dr Coupe $270 $550 $426 $26 $128 $1,400 $117
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and South Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Table data does not factor in specific location information which can increase or decrease auto insurance rates noticeably.

Based on the figures above, using a $250 deductible could cost the average driver approximately $17 more each month or $204 a year than opting for the higher $500 deductible. Since you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 15 months between claims, you would come out ahead if you decide on a higher deductible.

How to calculate if higher deductibles make sense

Average monthly premium for $250 deductibles: $124
Average monthly premium for $500 deductibles (subtract): - $107
Monthly savings from raising deductible: $17
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

An important thing to remember is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you file a claim. You must have some savings in the event you need to pay the deductible.

Save money on Hyundai Genesis insurance in Columbia with these eight discounts

The price of auto insurance can be rather high, but there's a good chance there are discounts that you may not know about. Some of these discounts will be visible at the time of purchase, but lesser-known reductions have to be asked about before being credited.Cheaper insurance with discounts

One last thing about discounts, most discount credits are not given to all coverage premiums. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, that's just not realistic. Any amount of discount will lower your premiums.

If you would like to view insurance companies that provide some of the discounts listed above in Columbia, follow this link.

Local Columbia insurance agents

A lot of people just prefer to sit down and talk to an agent and that can be a smart move Good insurance agents can make sure you are properly covered and will help you if you have claims. An additional benefit of comparing rates online is that drivers can save money and get cheap rate quotes and still choose a local agent. And supporting local agents is important especially in Columbia.

Find insurance agent in ColumbiaFor easy comparison, once you complete this form (opens in new window), your insurance data is immediately sent to companies in Columbia that can provide free Columbia car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won't have to do any legwork due to the fact that quote results will go directly to you. In the event you want to get a rate quote from a particular provider, you can always navigate to their website and fill out the quote form the provide.

If you want to buy insurance from a reputable agency, it can be helpful to understand the different types of agencies from which to choose. Columbia agents may be either exclusive agents or independent agents. Either can write insurance policies, but it's good to learn the differences because it may have an impact on the type of agent you choose.

Independent Insurance Agencies or Brokers

Independent agencies can quote rates with many companies and that gives them the ability to insure with many different companies and help determine which has the cheapest rates. To move your coverage to a new company, they can switch companies in-house and you don't have to find a new agent.

When shopping rates, you will definitely want to check rates from a few independent agents for maximum quote selection.

The following is a short list of independent agents in Columbia who may be able to give you free price quotes.

1 Fernandina Ct - Columbia, SC 29212 - (803) 732-0060 - View Map

Smoak Insurance Agency, Inc.
1534 Leesburg Rd - Columbia, SC 29209 - (803) 254-4323 - View Map

6168 St Andrews Rd - Columbia, SC 29212 - (803) 798-4499 - View Map

View more Columbia agents

Exclusive Agencies

Exclusive insurance agents can only quote rates from one company like Farmers Insurance and State Farm. These agents are not able to compare rates from other companies so they have to upsell other benefits. Exclusive insurance agents are well schooled on the products they sell and that allows them to sell at a higher price point.

Below is a short list of exclusive agencies in Columbia that can give you rate quotes.

6911 N Trenholm Rd #3 - Columbia, SC 29206 - (803) 782-5445 - View Map

4429 Broad River Rd - Columbia, SC 29210 - (803) 798-5377 - View Map

Ste A16, 7001 St Andrews Rd - Columbia, SC 29212 - (803) 732-3800 - View Map

View more Columbia agents

Choosing the best car insurance agent requires you to look at more than just a low price. Before buying a policy in Columbia, get answers to these questions.

After talking to the agent and getting satisfactory answers and locked in a price quote, you may have found an auto insurance agent that is professional and can service your policy. Just understand that you can terminate your policy at any time so don't feel that you're stuck with any specific agency with no way to switch.

Can you really save $416 a year?

Consumers in South Carolina can't avoid all the ads for cheaper insurance from companies such as State Farm, Allstate and GEICO. They all seem to seem to make the promise that people will save after switching to them.

That's great but how can every company offer drivers better rates? It's all in how they say it.

Insurance companies give the cheapest rates for the type of customer that will most likely be profitable. For example, a profitable customer may be over the age of 40, has a clean driving record, and drives a safe vehicle. A propective insured that meets those criteria will probably get cheap premium rates and is almost guaranteed to cut their rates substantially.

People who fall outside the requirements will get higher prices which usually ends up with the customer buying from a different company. The ad wording is "customers that switch" not "everybody who quotes" save that kind of money. That's the way insurance companies can advertise the savings.

Each company has different criteria, so you should compare free Columbia car insurance quotes often. You cannot predict with any certainty which company will have the lowest Hyundai Genesis insurance in Columbia.

Insurance agents can help

When quoting and choosing the best insurance coverage for your vehicles, there is no one size fits all plan. You are unique so your insurance should reflect thatSafe vehicles cost less to insure These are some specific questions could help you determine whether or not you might need an agent's assistance.

If it's difficult to answer those questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and can help protect your family.

Detailed coverages of your car insurance policy

Knowing the specifics of a car insurance policy can be of help when determining the right coverages and proper limits and deductibles. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for immediate expenses like rehabilitation expenses, surgery, ambulance fees, chiropractic care and pain medications. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your Hyundai Genesis.

Since a lot of drivers carry very low liability coverage limits (South Carolina limits are 25/50/25), their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time these limits are similar to your liability insurance amounts.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, vandalism, damage from getting keyed and hail damage. The highest amount your car insurance company will pay is the market value of your vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Collision protection

This will pay to fix damage to your Genesis from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sustaining damage from a pot hole, hitting a mailbox, crashing into a ditch, colliding with another moving vehicle and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also choose a higher deductible on your Genesis to get cheaper collision coverage.

Liability coverages

This coverage protects you from damage that occurs to other's property or people that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as emergency aid, loss of income, court costs, medical services and attorney fees. How much liability coverage do you need? That is a personal decision, but it's cheap coverage so purchase as high a limit as you can afford. South Carolina requires drivers to carry at least 25/50/25 but drivers should carry more liability than the minimum.

You can lower your auto insurance rates

Some insurance providers do not offer rate quotes online and these smaller companies only sell coverage through independent agents. Lower-priced Hyundai Genesis insurance in Columbia can be bought on the web and from local insurance agents, and you should be comparing both to have the best selection.

In this article, we covered a lot of techniques to get a better price on Hyundai Genesis insurance in Columbia. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even discover the lowest car insurance rates are with the smaller companies. Some small companies may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.

As you go through the steps to switch your coverage, you should never reduce coverage to reduce premium. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. The proper strategy is to purchase plenty of coverage for the lowest price, but don't skip important coverages to save money.

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