Do you want more competitive Hyundai Genesis insurance in Austin? Are you intimidated by the dozens of insurance providers available to you? Lot’s of other drivers are too. People have such a large number of options that it can quickly become a real hassle to find a cheaper company. Austin is an awesome place to live, but expensive insurance rates can make it nearly impossible for many drivers to be able to afford adequate coverage.
Unbelievable but true according to a study the vast majority of drivers have stayed with the same insurance company for more than four years, and almost 40% of drivers have never quoted rates to find cheaper coverage. With the average premium in Texas being $2,679, drivers can save hundreds of dollars each year just by getting comparison quotes, but they don’t want to take the time to shop around.
You should make it a habit to price shop coverage occasionally because prices are rarely the same from one policy term to another. Just because you found the lowest price on Hyundai Genesis insurance in Austin a couple years back you may be paying too much now. Don’t believe everything you read about Genesis insurance online but you can learn some solid techniques on how to slash your insurance rates in Austin.
If you’re already insured, you will be able to get lower rates using the ideas covered in this article. Pricing the best-priced auto insurance in Austin is quite easy. Although Texas car owners must understand the way insurance companies market insurance on the web because rates are impacted by many factors.
Most larger insurance companies make it easy to get coverage prices from their websites. Getting quotes for Hyundai Genesis insurance in Austin doesn’t take a lot of time as you simply type in your personal and coverage information as detailed in the form. Once you submit the form, their quoting system automatically retrieves reports for credit and driving violations and gives you a price quote based on these factors.
Quoting online for Hyundai Genesis insurance in Austin makes it a lot easier to compare rates and it’s very important to do this if you are searching for cheaper auto insurance pricing.
To find out if lower rates are available, compare rates now from the companies shown below. If you currently have coverage, we recommend you input your coverages as close as possible to your current policy. This helps ensure you will get a rate comparison based on similar coverages.
The following companies have been selected to offer free quotes in Austin, TX. If multiple companies are listed, we recommend you visit two to three different companies to find the cheapest car insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Genesis 2.0T 2-Dr Coupe | $356 | $908 | $620 | $36 | $186 | $2,106 | $176 |
| Genesis 3.8 4-Dr Sedan | $228 | $368 | $324 | $20 | $96 | $1,036 | $86 |
| Genesis 2.0T Premium 2-Dr Coupe | $288 | $572 | $458 | $28 | $136 | $1,482 | $124 |
| Genesis 3.8 2-Dr Coupe | $396 | $908 | $620 | $36 | $186 | $2,146 | $179 |
| Genesis 2.0T Track 2-Dr Coupe | $422 | $672 | $624 | $36 | $186 | $1,940 | $162 |
| Genesis 3.8 Grand Touring 2-Dr Coupe | $260 | $424 | $624 | $36 | $186 | $1,530 | $128 |
| Genesis 4.6 4-Dr Sedan | $260 | $424 | $424 | $26 | $128 | $1,262 | $105 |
| Genesis 3.8 Track 2-Dr Coupe | $258 | $632 | $538 | $32 | $162 | $1,622 | $135 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Information does not factor in zip code location which can influence insurance rates significantly.
Raise deductibles and save
When buying auto insurance, a common question is how low should you set your deductibles. The figures shown below may help you to understand how much more rates are between low and high insurance deductibles. The first pricing table uses a $100 deductible for comp and collision and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Genesis 2.0T 2-Dr Coupe | $370 | $804 | $476 | $28 | $142 | $1,845 | $154 |
| Genesis 3.8 4-Dr Sedan | $412 | $698 | $324 | $20 | $96 | $1,575 | $131 |
| Genesis 2.0T Premium 2-Dr Coupe | $412 | $804 | $476 | $28 | $142 | $1,887 | $157 |
| Genesis 3.8 2-Dr Coupe | $412 | $804 | $476 | $28 | $142 | $1,887 | $157 |
| Genesis 2.0T Track 2-Dr Coupe | $412 | $804 | $476 | $28 | $142 | $1,887 | $157 |
| Genesis 3.8 Grand Touring 2-Dr Coupe | $412 | $804 | $476 | $28 | $142 | $1,887 | $157 |
| Genesis 4.6 4-Dr Sedan | $412 | $804 | $324 | $20 | $96 | $1,681 | $140 |
| Genesis 3.8 Track 2-Dr Coupe | $412 | $908 | $476 | $28 | $142 | $1,991 | $166 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Genesis 2.0T 2-Dr Coupe | $206 | $424 | $476 | $28 | $142 | $1,276 | $106 |
| Genesis 3.8 4-Dr Sedan | $228 | $368 | $324 | $20 | $96 | $1,036 | $86 |
| Genesis 2.0T Premium 2-Dr Coupe | $228 | $424 | $476 | $28 | $142 | $1,298 | $108 |
| Genesis 3.8 2-Dr Coupe | $228 | $424 | $476 | $28 | $142 | $1,298 | $108 |
| Genesis 2.0T Track 2-Dr Coupe | $228 | $424 | $476 | $28 | $142 | $1,298 | $108 |
| Genesis 3.8 Grand Touring 2-Dr Coupe | $228 | $424 | $476 | $28 | $142 | $1,298 | $108 |
| Genesis 4.6 4-Dr Sedan | $228 | $424 | $324 | $20 | $96 | $1,092 | $91 |
| Genesis 3.8 Track 2-Dr Coupe | $228 | $478 | $476 | $28 | $142 | $1,352 | $113 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price information does not factor in Austin location which can alter rates considerably.
We can estimate from the data above that using a $100 deductible costs about $48 more each month or $576 annually than choosing the higher $1,000 deductible. Since you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average at a minimum 19 months between claims, you would come out ahead if you decide on a higher deductible. The table below shows an example of how you can make this decision for your own policy.
| Average monthly premium for $100 deductibles: | $152 |
| Average monthly premium for $1,000 deductibles (subtract): | – $104 |
| Monthly savings from raising deductible: | $48 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $48 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
One thing to be aware of is that raising deductibles to get cheaper rates results in having to pay to pay more out-of-pocket when you have a claim. That will force you to have a higher level of savings in the event you need to pay the deductible to have repairs made.
Irresponsible driving raises your rates
The diagram below demonstrates how citations and at-fault claims drive up Hyundai Genesis car insurance rates for each different age group. The information is based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.
Male drivers compared to female drivers
The illustration below shows the difference between Hyundai Genesis insurance premiums for male and female drivers. The premium estimates are based on no accidents or driving violations, full coverage, $1,000 deductibles, drivers are single, and no discounts are factored in.
Do you qualify for discounts on Hyundai Genesis insurance in Austin?
Car insurance companies don’t always list the entire discount list in a way that’s easy to find, so the next list breaks down both the well known and also the more inconspicuous credits available to bring down your rates.
- Discounts for Good Drivers – Insureds without accidents could pay up to 40% less compared to accident prone drivers.
- Accident Waiver – This one is not really a discount per se, but certain companies allow you one accident without raising rates if you have no claims for a particular time prior to the accident.
- E-sign Discounts – A few insurance companies will give a small break get Austin car insurance on the internet.
- Low Mileage Discounts – Low mileage vehicles may allow you to get lower prices due to less chance of an accident.
- Distant College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from Austin and leave their car at home may be able to be covered for less.
- Telematics Devices – Austin drivers who agree to allow their car insurance company to track driving habits by installing a telematics device such as Progressive’s Snapshot might get better premium rates if they show good driving skills.
- Theft Deterrent System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and qualify for as much as a 10% discount.
Don’t be shocked that some of the credits will not apply to your bottom line cost. Most cut the cost of specific coverages such as comp or med pay. If you do the math and it seems like it’s possible to get free car insurance, that’s just not realistic.
Companies and a selection of discounts can be read below.
- Farm Bureau discounts include renewal discount, multi-vehicle, youthful driver, 55 and retired, good student, and driver training.
- State Farm may include discounts for anti-theft, multiple policy, safe vehicle, good driver, passive restraint, Drive Safe & Save, and good student.
- Progressive may offer discounts for multi-vehicle, multi-policy, homeowner, continuous coverage, and online quote discount.
- Allstate has savings for safe driver, senior citizen, premier plus, utility vehicle, 55 and retired, premier discount, and auto/life discount.
- Nationwide may have discounts that include accident-free, easy pay, good student, anti-theft, business or organization, multi-policy, and family plan.
- MetLife policyholders can earn discounts including accident-free, multi-policy, good student, good driver, defensive driver, claim-free
It’s a good idea to ask every insurance company which discounts they offer. Some of the earlier mentioned discounts may not apply to policies in Austin. To locate insurance companies with the best discounts in Austin, click here to view.
It may be expensive, but it’s not optional
Despite the potentially high cost of Hyundai Genesis insurance, paying for car insurance serves several important purposes.
- Most states have minimum liability requirements which means you are required to buy a specific minimum amount of liability in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a loan, it’s guaranteed your bank will make it mandatory that you buy full coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the bank may buy a policy for your Hyundai for a much higher rate and force you to pay the higher premium.
- Car insurance protects not only your vehicle but also your financial assets. It will also pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability coverage will also pay for a defense attorney if you are named as a defendant in an auto accident. If your Hyundai gets damaged, your policy will pay to repair the damage minus the deductible amount.
The benefits of insuring your car more than cancel out the cost, especially for larger claims. The average driver in America is currently overpaying as much as $865 each year so it’s very important to do a rate comparison at every renewal to ensure rates are inline.
Shop online but buy locally
Many drivers just prefer to talk to a local agent and that is not a bad decision The biggest benefit of getting free rate quotes online is you can get better rates and also buy local. Putting coverage with small agencies is especially important in Austin.
For easy comparison, once you complete this quick form, your information is transmitted to insurance agents in Austin who will return price quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to contact any insurance agencies since price quotes are sent to you. You’ll get the best rates and a licensed agent to work with. If you wish to compare rates from a specific company, you would need to navigate to their website and complete a quote there.
Independent or Exclusive: It’s your choice
If you’re trying to find a reliable insurance agent, you must know there are a couple types of insurance agents to choose from. Insurance agencies in Austin are classified as either independent agents or exclusive agents depending on their employer.
Independent Agents (or Brokers)
Independent insurance agents are not restricted to one company and that gives them the ability to insure amongst many companies and find you the best rates. If prices rise, they simply move your policy to a different company and that require little work on your part.
If you need lower rates, you will want to get several quotes from several independent agencies to get the most accurate price comparison. Most can insure with smaller regional carriers which could offer lower prices.
Shown below is a small list of independent insurance agents in Austin who may be able to give you free car insurance rate quotes.
- All Texas Insurance
6700 Middle Fiskville Rd # 303 – Austin, TX 78752 – (512) 459-7979 – View Map - Lezam Insurance
4301 W. William Cannon Dr., Ste. B-120 – Austin, TX 78749 – (512) 263-4333 – View Map - Capitol City Insurance
8030 N Mopac Expy – Austin, TX 78759 – (512) 343-0280 – View Map
Exclusive Car Insurance Agencies
Agents that choose to be exclusive have only one company to place business with such as State Farm, Allstate, or Farmers Insurance. Exclusive agencies are unable to compare rates from other companies so you might not find the best rates. They are usually quite knowledgeable in insurance sales which helps them sell insurance even at higher premiums. Some consumers prefer to purchase coverage from exclusives partially due to loyalty to the company rather than having the cheapest rates.
Shown below are Austin exclusive insurance agents willing to provide rate quotes.
- Robert Ndegwa – State Farm Insurance Agent
1200 W Howard Ln f – Austin, TX 78753 – (512) 837-8818 – View Map - Dick Cohalla – State Farm Insurance Agent
10711 Burnet Rd #102 – Austin, TX 78758 – (512) 837-4210 – View Map - John Kirk – State Farm Insurance Agent
11130 Jollyville Rd Ste 201 – Austin, TX 78759 – (512) 343-7758 – View Map
Choosing the best auto insurance agent should include more criteria than just a cheap price quote. These are valid questions to ask:
- Where would glass claims be handled in Austin?
- What are their preferred companies if they are an independent agency?
- Are aftermarket or OEM parts used to repair vehicles?
- Will the quote change when the policy is issued?
- Will the agent or a CSR service your policy?
- Which companies can they place coverage with?
- Do they offer claims assistance after hours?
After receiving reasonable responses for all questions you ask in addition to an acceptable price estimate, it’s a good possibility that you have found an insurance agent that can be trusted to adequately provide car insurance. Just remember it’s your coverage and you can terminate your policy when you choose so don’t assume you are locked into the car insurance policy for a certain time period.