Best Insurance for a Hyundai Santa Fe in Bakersfield

If you want to save money, the best way to get the cheapest Hyundai Santa Fe insurance in Bakersfield is to compare quotes once a year from providers who provide auto insurance in California.

  1. Get an understanding of how car insurance works and the measures you can control to keep rates low. Many risk factors that are responsible for high rates like getting speeding tickets and an unfavorable credit rating can be amended by making minor changes in your lifestyle. Continue reading for information to prevent high prices and find discounts that you may qualify for.
  2. Compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like Progressive and State Farm, while independent agencies can quote rates for a wide range of insurance providers. Select a company
  3. Compare the new rate quotes to your existing rates to see if a cheaper price is available. If you find a lower rate and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.

One piece of advice is to make sure you’re comparing similar coverage information on every quote request and to quote with as many different insurance providers as possible. Doing this guarantees the most accurate price comparison and a thorough price selection.

Discount Hyundai Santa Fe insuranceSad but true, the vast majority of consumers in California have bought insurance from the same company for at least four years, and just short of a majority have never shopped around. American drivers could save $859 every year just by getting comparison quotes, but they won’t spend time to compare rate quotes online.

If you have coverage now or just want to reduce your rates, take advantage of these tips to buy cheaper car insurance without reducing coverage. Locating the best rates in Bakersfield is actually quite easy if you know where to start. Shoppers only have to learn the tricks to compare company rates online from multiple companies.

Finding a better price on auto insurance is pretty simple and can save money. Just take a few minutes comparing rates to find the company with cheaper Bakersfield car insurance quotes.

Doing price comparisons online is so simple that it makes it a waste of time to waste gas driving to all the different Bakersfield insurance agencies. Quoting Hyundai Santa Fe insurance online eliminates the middleman unless you prefer the professional assistance that only a licensed agent can provide. It is possible with some companies price shop online but have a local agent actually write the policy.

The car insurance companies shown below are our best choices to provide price quotes in California. If more than one company is shown, it’s highly recommended you visit two to three different companies to get the best price comparison.

Auto insurance statistics for a Hyundai Santa Fe

The rate table displayed next outlines detailed analysis of rate quotes for Hyundai Santa Fe models. Having a better idea how insurance quotes are figured can assist in making smart choices when purchasing an auto insurance policy.

Hyundai Santa Fe Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $236 $534 $534 $32 $160 $1,496 $125
Santa Fe GLS 4WD $272 $534 $534 $32 $160 $1,532 $128
Santa Fe SE 2WD $272 $534 $534 $32 $160 $1,532 $128
Santa Fe Limited 2WD $272 $628 $534 $32 $160 $1,626 $136
Santa Fe SE 4WD $272 $628 $534 $32 $160 $1,626 $136
Santa Fe Limited 4WD $306 $628 $534 $32 $160 $1,660 $138
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Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Prices do not factor in Bakersfield location which can affect premium rates greatly.

The diagram below demonstrates how deductible levels and can influence Hyundai Santa Fe insurance costs for different age groups of insureds. Data assumes a married female driver, comprehensive and collision coverage, and no other discounts are factored in.

Auto insurance rates are higher with tickets and accidents

The illustration below highlights how traffic violations and at-fault fender-benders can influence Hyundai Santa Fe auto insurance rates for different age groups. The information is based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.

Full coverage or liability only

The chart below illustrates the difference between Hyundai Santa Fe insurance costs with full coverage compared to only the California minimum liability coverage. The costs are based on no violations or accidents, $100 deductibles, marital status is single, and no additional discounts are factored in.

When to drop full coverage

There is no definitive formula to delete physical damage insurance, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s pretend your Hyundai Santa Fe claim settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $7,000 after you pay the deductible. If you are paying over $700 annually for physical damage coverage, then it may be the right time to buy liability only.

There are some cases where dropping full coverage is not a good idea. If you still have a loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not eliminate full coverage.

How Your Santa Fe Insurance Costs are Determined

Consumers need to have an understanding of the rating factors that help calculate your policy premiums. If you have a feel for what determines premiums, this allows you to make educated decisions that could result in lower premium levels. Many things are used when premium rates are determined. Most are fairly basic such as your driving record, but other factors are more obscure like your continuous coverage or your commute time.

Drive fewer miles and save – The more miles you rack up on your Hyundai in a year’s time the higher the price you pay to insure it. The majority of insurers rate vehicles based upon how the vehicle is primarily used. Autos not used for work or commuting receive better premium rates than those that get driven frequently. Improper usage on your Santa Fe is throwing money out the window. Double check that your declarations sheet shows annual mileage, because it can save money.

Safer cars are cheaper to insure – Cars with high safety ratings are cheaper to insure. Vehicles built for safety result in less severe injuries and lower rates of occupant injuries means less claims paid and lower rates for you.

High deductibles equal low rates – The deductibles you choose represent how much money you are required to pay if the claim is covered. Insurance for physical damage to your car, also known as collision and other-than-collision, covers damage that occurs to your car. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, and damage caused by road hazards. The more expense you pay before a claim is paid (deductible), the better rate you will receive.

Does insurance cost more for men? – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. The data does not necessarily mean that females are better at driving than males. They both are responsible for fender benders at a similar rate, but men tend to have higher claims. Men also tend to have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Male teenagers tend to get in the most accidents and thus pay the highest rates.

The example below compares Hyundai Santa Fe car insurance costs for male and female drivers. Data assumes no claims or driving violations, full coverage, $250 deductibles, single marital status, and no discounts are factored in.

No car insurance policy gaps is important – Going without insurance is a sure-fire way to trigger a rate increase. And not only will your rates increase, being ticketed for driving with no insurance may result in a license revocation or jail time.

Only buy extra policy coverages you need – Insurance policies have a lot of additional extra coverages that may not really be needed if you aren’t careful. Add-on coverages like rental car reimbursement, towing, and term life insurance are some examples. The coverages may be enticing when discussing your needs, but if you’ve never needed them in the past get rid of them and save.

Insurance loss probability for a Hyundai Santa Fe – Companies analyze claim trends for every vehicle when they calculate premium rates for each model. Vehicles that the statistics show to have higher loss trends will have higher premium rates.

The table below outlines the loss history for Hyundai Santa Fe vehicles. For each coverage type, the statistical loss for all vehicles, regardless of manufacturer or model, is a value of 100. Values that are under 100 imply a favorable loss record, while values that are above 100 indicate more frequent claims or an increased chance of larger losses than average.

Insurance Loss Ratings for Hyundai Santa Fe Vehicles
Specific Hyundai 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

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Three main reasons to buy insurance

Even though Bakersfield Santa Fe insurance rates can get expensive, insuring your vehicle is most likely required but also gives you several important benefits.

The benefits of having insurance are definitely more than the cost, especially when you need to use it. The average driver in California overpays as much as $869 every year so it’s very important to do a rate comparison at every policy renewal to ensure rates are inline.