Truthfully, the best way to find cheaper Hyundai Azera insurance in Louisville is to compare prices once a year from companies in Kentucky. You can compare prices by following these guidelines.
- Try to understand how companies price auto insurance and the modifications you can make to drop your rates. Many factors that cause rate increases such as speeding tickets, accidents and poor credit can be remedied by making minor changes to your lifestyle. Later in this article we will cover ideas to help prevent high rates and get additional discounts that may be available.
- Compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive and State Farm, while agents who are independent can provide price quotes from multiple insurance companies.
- Compare the new rate quotes to your existing policy to see if a cheaper rate is available. If you find a lower rate and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Give proper notification to your current agent or company to cancel your current policy. Submit a signed application and payment to the new company. As soon as you can, safely store the proof of insurance paperwork somewhere easily accessible.
An important part of this process is to compare the same liability limits and deductibles on each quote and and to get prices from as many different insurance providers as possible. Doing this provides a level playing field and the most accurate and complete price analysis.
Amazingly, over 70% of drivers have remained with the same insurance company for at least the last four years, and approximately 40% of consumers have never shopped around. With the average insurance premium being $2,100, Kentucky drivers can cut their rates by as much as $600 a year by just shopping around, but they don’t invest the time required to shop their coverage around.
If you’re already insured, you will definitely be able to reduce the price you pay using the following tips. Shopping for affordable insurance policy in Louisville is not as hard as you think. But Kentucky car owners do need to learn the way insurance companies calculate your insurance rates.
Auto insurance policy discounts you can’t miss
Insurance can cost an arm and a leg, but discounts can save money and there are some available that could help you make your next renewal payment. Many of these discounts will be applied automatically at the time you complete a quote, but some may not be applied and must be inquired about before they will apply.
- E-sign Discounts – A few auto insurance companies will discount your bill up to fifty bucks for completing your application on your computer.
- Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up may be able to save a few bucks on the medical payments or PIP coverage costs.
- Theft Prevention Discount – Vehicles that have factory anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
- Homeowners Savings – Being a homeowner may earn you a small savings because of the fact that having a home is proof of financial responsibility.
- Student Driver Training – It’s a good idea to have your young drivers take driver’s ed class in school.
Discounts save money, but please remember that many deductions do not apply to the whole policy. A few only apply to individual premiums such as comp or med pay. So even though you would think adding up those discounts means a free policy, insurance companies wouldn’t stay in business.
The information below illustrates the comparison of Hyundai Azera yearly insurance costs with and without discounts applied to the policy premium. The data is based on a male driver, no accidents or driving violations, Kentucky state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, claim-free, homeowner, and multi-car discounts applied.
Some companies that have some of the above discounts include:
When quoting, ask each company which discounts you qualify for. Some of the discounts discussed earlier might not be available to policyholders in Louisville.
Just keep in mind that comparing more prices will improve the odds of getting more affordable insurance. Not every company does online Louisville Azera insurance quotes, so you need to compare price quotes from them, too.
The following companies are our best choices to provide free quotes in Louisville, KY. In order to find cheap auto insurance in Louisville, KY, we recommend you visit several of them to get the most affordable price.
Hyundai Azera coverage statistics
The coverage table shown next outlines a range of insurance coverage prices for Hyundai Azera models. Understanding how policy rates are formulated can help you make smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $176 | $396 | $368 | $22 | $110 | $1,072 | $89 |
| Azera Limited 4-Dr Sedan | $200 | $396 | $368 | $22 | $110 | $1,096 | $91 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Rates do not factor in zip code location which can influence prices greatly.
Where to set your deductibles
When shopping for car insurance, a common question is how high should the deductibles for physical damage be. The rates shown below approximate how much more rates are when you buy lower versus higher insurance deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $280 | $598 | $326 | $20 | $98 | $1,347 | $112 |
| Azera Limited 4-Dr Sedan | $318 | $598 | $326 | $20 | $98 | $1,385 | $115 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $206 | $404 | $326 | $20 | $98 | $1,054 | $88 |
| Azera Limited 4-Dr Sedan | $232 | $404 | $326 | $20 | $98 | $1,080 | $90 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Estimates do not factor in vehicle garaging location which can impact coverage rates substantially.
Based on these figures, using a $100 deductible costs an average of $25 more each month or $300 annually than choosing the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 16 months between claim filings, you would more than likely save some money if you decide on a higher deductible. Here’s how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $114 |
| Average monthly premium for $500 deductibles (subtract): | – $89 |
| Monthly savings from raising deductible: | $25 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $25 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
One big caveat is that raising deductibles results in more money out-of-pocket if you have a claim. You must have some extra savings in the event you need to pay the higher deductible in order to repair your vehicle.
The chart below shows how different deductible levels and can impact Hyundai Azera yearly insurance costs for different age groups. Data assumes a single female driver, comprehensive and collision coverage, and no discounts are applied.
Bad driving habits will cost you more
The illustration below shows how traffic citations and accidents raise Hyundai Azera premium costs for different ages of insureds. The information is based on a married female driver, comp and collision included, $250 deductibles, and no other discounts are factored in.
When to have guidance from an insurance agency
A small number of people prefer to get advice from a local agent and that can be a smart move An additional benefit of price shopping on the web is that drivers can save money and get cheap rate quotes and still have an agent to talk to. And providing support for small agencies is important particularly in Louisville.
After filling out this form (opens in new window), your insurance data is immediately sent to local insurance agents in Louisville who can give free rate quotes and help you find cheaper coverage. There is no reason to search for an agent due to the fact that quote results will go to the email address you provide. You can find the lowest rates and an insurance agent to talk to. If you want to get a rate quote from a specific insurance company, just search and find their rate quote page and submit a quote form there.
What types of car insurance agents are in Louisville?
If you’re trying to find a good insurance agency, it can be helpful to understand the different types of agencies and how they differ in how they quote coverages. Agents are considered either exclusive or independent agents depending on their company appointments.
Independent Agents (or Brokers)
Agents that elect to be independent often have affiliation with several companies and that allows them to write policies with any number of different companies and get you the best rates possible. If your agent finds better pricing, they simply move the coverage in-house and you won’t have to switch agencies.
When comparing rates, it’s recommended you compare quotes from at least one independent agent for the best price selection. Most can insure with smaller companies that can offer cheaper rates than bigger companies.
The following is a partial list of independent agencies in Louisville that can give you cheap rate quotes.
- Logan, Stanley – Logan Lavelle Hunt Insurance
11420 Bluegrass Pkwy – Louisville, KY 40299 – (502) 499-6880 – View Map - Epic Insurance Solutions
9700 Ormsby Station Rd #200 – Louisville, KY 40223 – (502) 805-3742 – View Map - Louisville Kentucky Insurance
4500 Dixie Hwy – Louisville, KY 40216 – (502) 447-3711 – View Map
Exclusive Agencies
Exclusive agents work for only one company like Farmers Insurance, American Family, State Farm and Allstate. They usually cannot shop your coverage around so they have to upsell other benefits. Exclusive agents are highly trained on sales techniques and that can be a competitive advantage. Many people purchase coverage from exclusives partially due to the brand legacy and the convenience of having a single billing for all their coverages.
Below is a short list of exclusive insurance agencies in Louisville willing to provide comparison quotes.
- Tom Kanaly – State Farm Insurance Agent
6608 Bardstown Rd a – Louisville, KY 40291 – (502) 231-2350 – View Map - Peggy Druin – State Farm Insurance Agent
1547 Old Preston Hwy N b – Louisville, KY 40229 – (502) 955-9746 – View Map - Terryl McCray – State Farm Insurance Agent
1827 W Broadway – Louisville, KY 40203 – (502) 774-3373 – View Map
Picking a auto insurance agent should include more criteria than just a cheap price. Some important questions to ask are:
- Is coverage determined by price?
- What kind of financial rating does the company have?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- How will an accident affect your rates?
- How long has their agency been in business in Louisville?
- What will you get paid if your car is a total loss? How is that amount determined?
- Does the company use OEM repair parts?
- Which family members are covered?
Choosing vehicle insurance is an important decision
Even though Louisville Azera insurance rates can get expensive, maintaining insurance may be mandatory for several reasons.
- Almost all states have minimum mandated liability insurance limits which means state laws require a minimum amount of liability insurance coverage in order to get the vehicle licensed. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Azera, most banks will stipulate that you have insurance to protect their interest in the vehicle. If you default on your policy, the lender will be forced to insure your Hyundai at a significantly higher premium and require you to pay the higher premium.
- Car insurance preserves not only your car but also your assets. Insurance will pay for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also covers legal expenses in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of having car insurance more than offset the price you pay, particularly if you ever have a claim. According to a recent study, the average American driver is wasting up to $700 annually so you should quote your policy with other companies at every policy renewal to be sure current rates are still competitive.
Auto insurance coverage information
Having a good grasp of a auto insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring.
Comprehensive coverage
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as hail damage, vandalism and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Hyundai Azera.
Due to the fact that many Kentucky drivers only carry the minimum required liability limits (25/50/10 in Kentucky), it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP pay for bills for surgery, pain medications, nursing services, doctor visits and hospital visits. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Coverage for liability
Liability insurance can cover injuries or damage you cause to other people or property by causing an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/10 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $10,000 paid for damaged property. Another option is a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as emergency aid, medical services, structural damage and attorney fees. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford. Kentucky requires drivers to carry at least 25/50/10 but it’s recommended drivers buy more liability than the minimum.
The illustration below shows why buying the state minimum limits may not provide adequate coverage.
Collision coverage
This pays to fix your vehicle from damage from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for claims such as sideswiping another vehicle, sustaining damage from a pot hole, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible on your Azera in order to get cheaper collision rates.
What is the best auto insurance company in Louisville?
Buying coverage from a highly-rated company can be challenging considering how many companies sell coverage in Louisville. The ranking data displayed below could help you analyze which companies to look at when comparing rate quotes.
Top 10 Louisville Car Insurance Companies Ranked by Claims Service
- Travelers
- Allstate
- Nationwide
- State Farm
- GEICO
- Liberty Mutual
- American Family
- Esurance
- AAA Insurance
- Titan Insurance
Compare car insurance rates regularly to save
Discount Hyundai Azera insurance in Louisville can be found from both online companies as well as from insurance agents, so you need to quote Louisville auto insurance with both to get a complete price analysis. Some car insurance companies may not provide rate quotes online and many times these small, regional companies work with independent insurance agents.
Drivers change insurance companies for a number of reasons such as policy cancellation, lack of trust in their agent, being labeled a high risk driver and not issuing a premium refund. Regardless of your reason, finding the right car insurance provider is not as hard as you think.
In this article, we covered quite a bit of information on how to find affordable Hyundai Azera insurance in Louisville. It’s most important to understand that the more quotes you get, the better your chances of lowering your prices. You may even be surprised to find that the best premium rates are with a company that doesn’t do a lot of advertising.
Additional car insurance information can be read at the links below
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Who Has Affordable Louisville Auto Insurance Quotes for College Students? (FAQ)
- Who Has the Cheapest Louisville Car Insurance Quotes for Good Drivers? (FAQ)
- Property Damage Coverage (Liberty Mutual)
- Reducing Your Risks in a Car Crash Video (iihs.org)