How to Compare Lexington Hyundai Sonata Insurance

The best way we recommend to get discount auto insurance rates in Lexington is to compare quotes annually from different companies in Kentucky.

A good tip to remember is to make sure you enter identical deductibles and limits on every quote request and and to get quotes from as many auto insurance providers as possible. This provides an apples-to-apples comparison and a complete price analysis.

Insurance rates Hyundai Sonata in LexingtonUnbelievable but true according to a study the vast majority of consumers in Kentucky renewed their policy with the same company for at least four years, and practically 40% of auto insurance customers have never taken the time to shop around. With the average auto insurance premium being $1,847, U.S. drivers could cut their rates by nearly 46.5% a year, but they just don’t understand the rate savings if they moved their coverage to a different company.

Finding affordable insurance coverage in Lexington is not that difficult as long as you know where to start. If you are already insured, you will definitely be able to reduce the price you pay using the ideas presented in this article. But Kentucky vehicle owners benefit from understanding the way companies sell online.

Lower-cost Lexington car insurance rates with discounts

Car insurance is expensive, but there are discounts available to reduce the price significantly. Some of these discounts will be visible when you get a quote, but some must be asked for before they will apply.

Discounts lower rates, but most of the big mark downs will not be given to the entire cost. Most only reduce specific coverage prices like comprehensive or collision. If you do the math and it seems like all those discounts means the company will pay you, that’s just not realistic.

The information below shows the difference between Hyundai Sonata premium costs with and without discounts. The prices are based on a male driver, no violations or accidents, Kentucky state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, homeowner, multi-policy, multi-car, and claim-free discounts applied.

A few popular companies and the discounts they provide can be found below.

When comparing rates, check with each company which discounts can lower your rates. Some of the discounts discussed earlier might not be offered in your area.

Just keep in mind that comparing a large number of companies increases the chance that you will find a lower rate than you’re paying now. Not every company allows you to get online Lexington Sonata insurance quotes, so it’s necessary to compare rates on coverage from those companies, too.

The companies shown below provide comparison quotes in Lexington, KY. If you want to find the cheapest car insurance in Kentucky, we suggest you compare several of them to get a more complete price comparison.

Auto insurance analysis for a Hyundai Sonata

The data table below showcases detailed analysis of insurance prices for Hyundai Sonata models. Having a better understanding of how rate quotes are determined can be valuable when making decisions on which coverage to buy.


Hyundai Sonata Insurance Rates in Lexington, KY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $288 $426 $484 $28 $144 $1,370 $114
Sonata GLS 4-Dr Sedan $288 $426 $484 $28 $144 $1,370 $114
Sonata GLS 4-Dr Sedan $288 $426 $484 $28 $144 $1,370 $114
Sonata SE 4-Dr Sedan $288 $500 $484 $28 $144 $1,444 $120
Sonata SE 4-Dr Sedan $288 $500 $484 $28 $144 $1,444 $120
Sonata Limited 4-Dr Sedan $324 $500 $484 $28 $144 $1,480 $123
Sonata Limited 4-Dr Sedan $324 $500 $484 $28 $144 $1,480 $123
Get Your Own Custom Quote Go

Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Rate information does not factor in vehicle garaging location which can modify price quotes substantially.

Policy deductible comparison

One frequently asked question is how high should your deductibles be. The premium rates below may aid in understanding the difference in cost when you select higher and lower coverage deductibles. The first data set uses a $250 deductible and the second set of prices uses a $1,000 deductible.


Hyundai Sonata insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $252 $426 $368 $22 $110 $1,203 $100
Sonata GLS 4-Dr Sedan $252 $426 $368 $22 $110 $1,203 $100
Sonata GLS 4-Dr Sedan $252 $426 $368 $22 $110 $1,203 $100
Sonata SE 4-Dr Sedan $252 $500 $368 $22 $110 $1,277 $106
Sonata SE 4-Dr Sedan $252 $500 $368 $22 $110 $1,277 $106
Sonata Limited 4-Dr Sedan $284 $500 $368 $22 $110 $1,309 $109
Sonata Limited 4-Dr Sedan $284 $500 $368 $22 $110 $1,309 $109
Get Your Own Custom Quote Go

Hyundai Sonata insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $156 $268 $368 $22 $110 $924 $77
Sonata GLS 4-Dr Sedan $156 $268 $368 $22 $110 $924 $77
Sonata GLS 4-Dr Sedan $156 $268 $368 $22 $110 $924 $77
Sonata SE 4-Dr Sedan $156 $316 $368 $22 $110 $972 $81
Sonata SE 4-Dr Sedan $156 $316 $368 $22 $110 $972 $81
Sonata Limited 4-Dr Sedan $176 $316 $368 $22 $110 $992 $83
Sonata Limited 4-Dr Sedan $176 $316 $368 $22 $110 $992 $83
Get Your Own Custom Quote Go

Table data assumes 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, claim-free, and multi-vehicle. Rate quotes do not factor in vehicle location which can lower or raise premiums substantially.

Based on the figures above, using a $250 deductible will cost in the ballpark of $24 more each month or $288 each year across all Hyundai Sonata models than choosing the higher $1,000 deductible. Because you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 31 months between claim filings, you would probably come out ahead by selecting a higher deductible.

How to determine when to raise deductibles

Average monthly premium for $250 deductibles: $104
Average monthly premium for $1,000 deductibles (subtract): – $80
Monthly savings from raising deductible: $24
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $24
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 31 months

One important issue to know is that raising deductibles to save money results in more money out-of-pocket when you have a comprehensive or collision claim. You will want to have enough extra money in the event you need to pay the higher deductible in order to repair your vehicle.

The illustration below illustrates how your choice of deductibles and can impact Hyundai Sonata insurance rates for different categories of driver ages. Data assumes a single male driver, full physical damage coverage, and no discounts are taken into consideration.

Full coverage or liability only

The illustration below illustrates the difference between Hyundai Sonata auto insurance rates with liability coverage only compared to full coverage. The premiums assume a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are taken into consideration.

Guidelines for dropping full coverage

There is no exact rule of when to exclude comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.

For example, let’s assume your Hyundai Sonata replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $6,000 after the policy deductible has been paid. If it’s costing in excess of $600 a year for full coverage, then it could be time to drop full coverage.

There are some cases where eliminating full coverage is not advised. If you haven’t paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.

How Car Insurance Companies Determine Hyundai Sonata Insurance Prices

Lots of things are part of the calculation when you quote your car insurance policy. A few of the factors are predictable such as your driving record, but others are less obvious like where you live or your commute time.

The items below are a few of the things companies use to determine rates.

Local Lexington car insurance agents

Some consumers just want to sit down and talk to an agent and that is a personal choice. One of the best bonuses of comparing rate quotes online is you can get cheap rate quotes and still choose a local agent.

Upon completion of this short form, the coverage information gets sent to agents in your area who want to provide quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to search for any insurance agencies as quotes are delivered to you instantly. Get lower rates and work with a local agent. If you want to get a price quote for a specific company, feel free to jump over to their website and give them your coverage information.

Finding a good insurance company should depend on more than just a low price. A good agent in Lexington will have answers to these questions.

If you want to buy auto insurance from a local Lexington insurance agent, it helps to know the two types of insurance agents to choose from. Lexington agents can be described as either independent (non-exclusive) or exclusive.

Exclusive Agencies

These agents can only quote rates from one company and some examples include Allstate and State Farm. These agents are unable to provide prices from multiple companies so you might not find the best rates. They are very knowledgeable on their company’s products and that can be a competitive advantage. Some insured continue to buy from the same agent for years mostly because of high brand loyalty rather than having the cheapest rates.

Listed below is a list of exclusive agencies in Lexington who may provide you with price quotes.

View more Lexington agents

Independent Agencies or Brokers

Agents that elect to be independent are not required to write business for one company and that is an advantage because they can write policies with lots of companies and find the cheapest auto insurance rates. If they find a lower price, they simply switch companies in-house and you don’t have to switch agencies.

When comparing auto insurance rates, you definitely need to contact a few independent agents so that you have a good selection of quotes to compare. Many independent agencies also insure through smaller regional carriers which could offer lower prices.

Listed below is a short list of independent insurance agencies in Lexington that are able to give rate quotes.

View more Lexington agents

Choosing Hyundai vehicle insurance is an important decision

Despite the potentially high cost of Hyundai Sonata insurance, paying for auto insurance may be mandatory for several reasons.

The benefits of buying auto insurance outweigh the cost, especially if you ever need it. The average driver in America is currently overpaying as much as $810 a year so shop around at every renewal to ensure rates are competitive.

Quote. Compare. Save.

Insureds who switch companies do it for many reasons like being labeled a high risk driver, high rates after DUI convictions, unfair underwriting practices and even poor customer service. Regardless of your reason, finding a great new company is easier than you think.

Lower-priced car insurance in Lexington is possible online in addition to local insurance agencies, and you should compare rates from both to get a complete price analysis. There are still a few companies who do not offer internet price quotes and many times these smaller providers only sell through local independent agents.

We just presented many ideas to save on Hyundai Sonata insurance in Lexington. The most important thing to understand is the more providers you compare, the better your chances of lowering your premium rates. Drivers may even discover the most savings is with an unexpected company.

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