Do you want to save money by buying low-cost Hyundai Santa Fe insurance in El Paso? If you’re new to shopping for El Paso auto insurance quotes online, you may be overwhelmed thanks to the vast number of insurance providers competing for business in El Paso.
A recent survey discovered that a large majority of insurance policyholders have remained with the same insurance company for at least four years, and 38% of customers have never compared rates with other companies. With the average premium in Texas being $2,700, drivers can save hundreds of dollars each year by just shopping around, but most tend to underestimate the benefits if they replace their high priced policy.
Smart consumers take time to compare premium rates yearly since insurance prices fluctuate regularly. Despite the fact that you may have had the best quotes on Hyundai Santa Fe insurance in El Paso last year you can probably find a better rate now. Ignore everything you know about insurance because you’re about to learn the tricks you need to know to eliminate unnecessary coverages and save money on Hyundai Santa Fe insurance in El Paso.
This article will teach you a little about how insurance works and some money-saving tips. If you already have coverage, you will most likely be able to shop for the lowest rates using this strategy. But Texas consumers must comprehend how insurance companies market insurance on the web because it can help you find the best coverage.
Cheap Hyundai insurance rate quotes in El Paso
The companies shown below can provide quotes in Texas. If several companies are displayed, we recommend you visit two to three different companies to get the best price comparison.
Car insurance statistics and figures
The information below highlights different insurance rates for Hyundai Santa Fe models. Having knowledge of how insurance prices are figured can help you make informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Santa Fe GLS 2WD | $222 | $504 | $366 | $22 | $110 | $1,224 | $102 |
| Santa Fe GLS 4WD | $256 | $504 | $366 | $22 | $110 | $1,258 | $105 |
| Santa Fe SE 2WD | $256 | $504 | $366 | $22 | $110 | $1,258 | $105 |
| Santa Fe Limited 2WD | $256 | $594 | $366 | $22 | $110 | $1,348 | $112 |
| Santa Fe SE 4WD | $256 | $594 | $366 | $22 | $110 | $1,348 | $112 |
| Santa Fe Limited 4WD | $288 | $594 | $366 | $22 | $110 | $1,380 | $115 |
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Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Price estimates do not factor in specific location which can increase or decrease coverage prices considerably.
Comparison of policy deductibles
One common question asked by El Paso drivers is at what level do you set your deductibles. The comparison tables below help summarize the rate differences when you select higher and lower policy deductibles. The first pricing table uses a $250 physical damage deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Santa Fe GLS 2WD | $256 | $496 | $382 | $22 | $114 | $1,295 | $108 |
| Santa Fe GLS 4WD | $294 | $496 | $382 | $22 | $114 | $1,333 | $111 |
| Santa Fe SE 2WD | $294 | $496 | $382 | $22 | $114 | $1,333 | $111 |
| Santa Fe Limited 2WD | $294 | $584 | $382 | $22 | $114 | $1,421 | $118 |
| Santa Fe SE 4WD | $294 | $584 | $382 | $22 | $114 | $1,421 | $118 |
| Santa Fe Limited 4WD | $332 | $584 | $382 | $22 | $114 | $1,459 | $122 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Santa Fe GLS 2WD | $158 | $312 | $382 | $22 | $114 | $988 | $82 |
| Santa Fe GLS 4WD | $182 | $312 | $382 | $22 | $114 | $1,012 | $84 |
| Santa Fe SE 2WD | $182 | $312 | $382 | $22 | $114 | $1,012 | $84 |
| Santa Fe Limited 2WD | $182 | $368 | $382 | $22 | $114 | $1,068 | $89 |
| Santa Fe SE 4WD | $182 | $368 | $382 | $22 | $114 | $1,068 | $89 |
| Santa Fe Limited 4WD | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium costs do not factor in vehicle location which can alter price quotes significantly.
We can derive from the above data that using a $250 deductible will cost you approximately $28 more each month or $336 every year averaged for all Santa Fe models than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 27 months between claim filings, you would save money by going with a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $250 deductibles: | $115 |
| Average monthly premium for $1,000 deductibles (subtract): | – $87 |
| Monthly savings from raising deductible: | $28 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $28 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 27 months |
The diagram below shows how different deductible levels and can impact Hyundai Santa Fe yearly insurance costs for different age categories. The premium estimates are based on a married female driver, full physical damage coverage, and no policy discounts are applied.
Careless driving habits raise El Paso car insurance rates
The example below shows how traffic citations and at-fault collisions raise Hyundai Santa Fe yearly insurance costs for different age categories. The data assumes a single male driver, full coverage, $500 deductibles, and no discounts are factored in.
You may qualify for discounts for Hyundai Santa Fe insurance in El Paso
Companies that sell car insurance don’t list all available discounts very clearly, so the next list breaks down both well-publicized and the more hidden auto insurance savings.
- Low Miles Discount – Keeping the miles down on your Hyundai could qualify for lower auto insurance rates due to less chance of an accident.
- Senior Citizens – Seniors can possibly qualify for a slight reduction on a El Paso auto insurance quote.
- Professional Memberships – Participating in qualifying employment or professional organizations could qualify you for a break when getting a El Paso auto insurance quote.
- Multi-car Discount – Buying coverage for more than one vehicle on one policy could earn a price break for each car.
- Passenger Safety Discount – Options like air bags or motorized seat belts may earn rate discounts of 20% or more.
- Multiple Policy Discount – If you insure your home and vehicles with the same company they may give you a discount of at least 10 to 15 percent or more.
- Theft Deterrent System – Cars and trucks that have factory anti-theft systems have a lower chance of being stolen and will qualify for a discount on a El Paso auto insurance quote.
Consumers should know that most credits do not apply to the entire policy premium. Most only reduce specific coverage prices like liability, collision or medical payments. Even though the math looks like it’s possible to get free car insurance, that’s just not realistic. But all discounts will definitely reduce the cost of your policy.
The diagram below compares Hyundai Santa Fe yearly insurance costs with and without some available policy discounts. The premiums are based on a male driver, no violations or claims, Texas 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 marriage, homeowner, claim-free, safe-driver, multi-car, and multi-policy discounts applied.
A list of companies and the discounts they provide are shown below.
- Esurance includes discounts for emergency road assistance, good student, safety device, homeowner, anti-theft, online quote, and paid-in-full.
- The Hartford offers premium reductions for air bag, driver training, vehicle fuel type, defensive driver, bundle, and good student.
- AAA has savings for anti-theft, multi-car, multi-policy, AAA membership discount, and good driver.
- GEICO may have discounts that include emergency military deployment, driver training, military active duty, membership and employees, multi-policy, good student, and daytime running lights.
- State Farm discounts include accident-free, multiple policy, anti-theft, Drive Safe & Save, defensive driving training, and passive restraint.
Double check with every insurance company the best way to save money. Discounts might not be available to policyholders in your area.
Learn How to Lower Your Insurance Costs
Lots of factors are part of the equation when you quote your car insurance policy. Some of the criteria are obvious like your driving record, but others are more transparent like your continuous coverage or how safe your car is.
The factors shown below are some of the major factors used by companies to determine premiums.
- Do you have enough liability coverage? – A critical coverage on your policy, liability insurance provides coverage if ever you are found liable for physical damage or personal injury to other. Your liability coverage provides legal defense which can cost thousands of dollars. It is affordable coverage compared to insuring for physical damage coverage, so do not skimp.
- You may save more by bundling policies – Most larger insurers will award better rates to policyholders that buy multiple policies. It’s known as a multi-policy discount. Even though this discount sounds good, it’s always a smart idea to get quotes from other companies to guarantee you are still saving the most. You may still be able to save even more than the discount even if you insure with multiple companies
- You might get higher prices if you are single – Having a wife or husband helps lower the price compared to being single. Having a significant other usually means you are more responsible and statistics show married drivers get in fewer accidents.
- Higher comp and collision deductibles cost less – Comprehensive and collision coverage deductibles represent how much money you are willing to pay out-of-pocket in the event of a claim. Insurance for physical damage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some instances where coverage would apply could be colliding with a stationary object, collision with a deer, and damage from wind. The more damage repair cost you pay before a claim is paid (deductible), the less your car insurance will be.
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Insurance loss data for a Hyundai Santa Fe – Insurance companies include the past claim history for a vehicle when they set coverage costs for each model. Vehicles that have increased claim numbers or amounts will have increased rates.
The next table illustrates the historical loss data for Hyundai Santa Fe vehicles. For each coverage category, the statistical loss for all vehicles, without regard to make or model, is represented as 100. Percentage numbers below 100 suggest a better than average loss history, while numbers shown that are more than 100 point to more losses or a tendency for losses to be larger than average.
Hyundai Santa Fe Insurance Loss Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Hyundai Santa Fe 4dr 2WD 91 94 82 86 92 91 Hyundai Santa Fe 4dr 4WD 109 115 97 96 84 94 Hyundai Santa Fe Sport 4dr 2WD 88 90 93 90 89 93 Hyundai Santa Fe Sport 4dr 4WD 95 91 110 90 96 84 BETTERAVERAGEWORSEStatistics from IIHS.org for 2013-2015 Model Years
Compare rate quotes but buy from a local El Paso insurance agency
Some people just prefer to talk to a local agent and that is OK! A good thing about comparing rate quotes online is that you can find cheaper auto insurance rates and still choose a local agent. And buying from local insurance agencies is important especially in El Paso.
Once you complete this short form, your insurance coverage information is immediately sent to agents in your area that provide free El Paso auto insurance quotes for your car insurance coverage. You won’t need to search for an agent since rate quotes are delivered immediately to your email address. You can find lower rates AND a local agent. In the event you want to get a comparison quote from a specific car insurance provider, just visit that company’s website and fill out the quote form the provide.
If you are wanting to find a reliable insurance agent, you must know there are a couple types of agencies and how they differ in how they quote coverages. El Paso agents are categorized either independent agents or exclusive agents.
Independent Agents
Independent insurance agents do not work for one specific company and that allows them to write policies with many different companies and find you cheaper rates. If you want to switch companies, they can switch companies in-house which makes it simple for you. If you are comparing rate quotes, you will want to get some free quotes from multiple independent agents for the best price selection. Most also write with smaller companies who may have lower rates.
Below is a list of independent agencies in El Paso who may be able to give you free rate quotes.
- Home Insurance Agency
1760 Airway Blvd – El Paso, TX 79925 – (915) 771-8552 – View Map - Tony Ramos Insurance
7230 Gateway Blvd E H – El Paso, TX 79915 – (915) 599-1678 – View Map - Nationwide Insurance: Pinon and Associates Financial Corporation
1515 E Missouri Ave – El Paso, TX 79902 – (915) 857-6890 – View Map
Exclusive Car Insurance Agents
Agents in the exclusive channel can only provide one company’s prices like Farmers Insurance, State Farm, Allstate, and AAA. These agents are not able to provide other company’s prices so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well schooled on their company’s products and that allows them to sell at a higher price point. Many people use the same exclusive agent primarily because of the brand name and the convenience of having a single billing for all their coverages.
Shown below is a list of exclusive agents in El Paso that can give you comparison quotes.
- Tessie Maestas – State Farm Insurance Agent
4727 Hondo Pass Dr b – El Paso, TX 79904 – (915) 757-1090 – View Map - James Cuilty – State Farm Insurance Agent
10318 McCombs St – El Paso, TX 79924 – (915) 881-4956 – View Map - Paul Rosales – State Farm Insurance Agent
2731 Montana Ave c – El Paso, TX 79903 – (915) 566-3933 – View Map
Choosing an car insurance agent needs to be determined by more than just a cheap price. Any good agent in El Paso should know the answers to these questions.
- How much will you save each year by using a higher deductible?
- Are there any extra charges for paying monthly?
- What company holds the largest book of business for them?
- How long has their agency been open in El Paso?
- Who is covered by the car insurance policy?
If you receive acceptable answers to these questions as well as affordable Hyundai Santa Fe insurance rates in El Paso quotes, you have narrowed it down to a car insurance agent that meets your needs to adequately provide car insurance.
Affordable rates are available
When trying to cut insurance costs, you should never reduce coverage to reduce premium. There have been many situations where someone dropped liability limits or collision coverage to discover at claim time that it was a big mistake. The ultimate goal is to find the BEST coverage at the best possible price while not skimping on critical coverages.
Drivers change insurance companies for any number of reasons including high rates after DUI convictions, delays in paying claims, policy cancellation or high prices. No matter why you want to switch, choosing a new insurance company can be pretty painless.
Affordable Hyundai Santa Fe insurance in El Paso is definitely available on the web and also from your neighborhood El Paso agents, so you should compare both in order to have the best chance of saving money. Some insurance companies don’t offer rate quotes online and most of the time these small insurance companies only sell through independent agents.
Steps to finding affordable Hyundai Santa Fe insurance in El Paso
If your goal is the lowest price, then the best way to find lower priced Hyundai Santa Fe insurance is to regularly compare quotes from insurers in El Paso.
First, it will benefit you to learn about car insurance and the things you can control to prevent expensive coverage. Many policy risk factors that drive up the price like speeding tickets, careless driving and a negative credit score can be rectified by making minor changes in your lifestyle.
Second, compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can give you price quotes for a wide range of insurance providers.
Third, compare the new rate quotes to your existing rates and see if you can save money. If you find a lower rate and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
One thing to remember is to use similar coverage information on each quote request and and to get rate quotes from as many auto insurance providers as possible. Doing this guarantees a fair rate comparison and a complete price analysis.
More resources
- Older Driver Statistics (Insurance Information Institute)
- Senior Drivers (Insurance Information Institute)
- How to Avoid Staged Accidents (State Farm)
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- Keeping Children Safe in Crashes Video (iihs.org)