It’s a fact that car insurance companies want to keep you from comparing prices. Insureds who shop rates annually will probably switch auto insurance companies because the odds are good of finding a policy with more affordable rates. Remarkably, a study showed that drivers who shopped around annually saved over $3,450 over four years compared to people who never compared prices.
If finding discount rates on insurance is your ultimate goal, then having a grasp of how to find and compare auto insurance can help you be more efficient.
The preferred way to find affordable quotes for Hyundai Veracruz insurance is to start comparing prices regularly from insurers who sell auto insurance in San Jose. Price quotes can be compared by following these steps.
- Learn about individual coverages and the measures you can take to prevent high rates. Many policy risk factors that increase rates such as accidents, careless driving, and an unacceptable credit history can be amended by improving your driving habits or financial responsibility. Continue reading for information to get cheaper rates and get discounts that may be overlooked.
- Compare rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive and State Farm, while independent agents can provide rate quotes from many different companies.
- Compare the new rate quotes to your current policy and see if you can save money. If you find a better price, make sure coverage is continuous and does not lapse.
- Tell your current agent or company to cancel the current policy. Submit a down payment along with a completed application to your new company or agent. Immediately place the new proof of insurance certificate in your vehicle’s glove compartment or console.
The key aspect of shopping around is that you’ll want to compare the same liability limits and deductibles on each quote and and to analyze as many different insurance providers as possible. Doing this provides a fair price comparison and a complete selection of prices.
Quote San Jose Hyundai Veracruz insurance online
Many insurance companies provide pricing direct online. Getting Hyundai Veracruz insurance prices online can be done by anyone as you just type in the coverages you want into the quote form. When complete, their quoting system gets credit information and your driving record and generates pricing information based on the data you entered.
The ability to get online price quotes for Hyundai Veracruz insurance in San Jose makes comparing rates easy, and it is important to do this if you want to get lower-cost rates.
To get comparison pricing now, compare rates now from the companies shown below. To compare your current rates, we recommend you complete the form with the coverages as shown on your current policy. This ensures you will receive rate comparison quotes based on the exact same insurance coverage.
The following companies have been selected to offer free rate quotes in San Jose, CA. If the list has multiple companies, it’s highly recommended you compare several of them in order to get a fair rate comparison.
Here’s why car insurance is not optional
Despite the fact that car insurance is not cheap in San Jose, car insurance is required by state law in California and it also provides benefits you may not be aware of.
- Most states have mandatory insurance requirements which means the state requires a specific level of liability insurance coverage if you don’t want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Hyundai has a lienholder, most banks will require that you have comprehensive coverage to guarantee payment of the loan. If you let the policy lapse, the lender will be forced to insure your Hyundai for a much higher rate and force you to pay the higher price.
- Car insurance preserves your Hyundai and your assets. It will also reimburse you for medical bills incurred in an accident. Liability insurance also covers all legal expenses up to the policy limit if you cause an accident and are sued. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of insuring your car definitely exceed the price paid, particularly for liability claims. The average driver in California overpays as much as $810 a year so you should quote your policy with other companies at every renewal to ensure rates are competitive.
Hyundai Veracruz detailed coverage information
The data table shown below outlines estimates of insurance rates for Hyundai Veracruz models. Understanding how insurance prices are formulated is important for you to make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Veracruz GLS 2WD | $238 | $454 | $424 | $26 | $128 | $1,270 | $106 |
| Veracruz GLS AWD | $270 | $454 | $424 | $26 | $128 | $1,302 | $109 |
| Veracruz Limited 2WD | $270 | $536 | $424 | $26 | $128 | $1,384 | $115 |
| Veracruz Limited AWD | $270 | $536 | $424 | $26 | $128 | $1,384 | $115 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rate information does not factor in specific location which can alter prices greatly.
Auto insurance deductibles
One of the hardest decisions when shopping for auto insurance is what deductibles to buy. The comparisons below can help you visualize the costs and benefits between low and high coverage deductibles. The first set of rates uses a $100 deductible for comp and collision and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Veracruz GLS 2WD | $380 | $686 | $376 | $22 | $112 | $1,601 | $133 |
| Veracruz GLS AWD | $430 | $686 | $376 | $22 | $112 | $1,651 | $138 |
| Veracruz Limited 2WD | $430 | $810 | $376 | $22 | $112 | $1,775 | $148 |
| Veracruz Limited AWD | $430 | $810 | $376 | $22 | $112 | $1,775 | $148 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Veracruz GLS 2WD | $278 | $464 | $376 | $22 | $112 | $1,252 | $104 |
| Veracruz GLS AWD | $314 | $464 | $376 | $22 | $112 | $1,288 | $107 |
| Veracruz Limited 2WD | $314 | $546 | $376 | $22 | $112 | $1,370 | $114 |
| Veracruz Limited AWD | $314 | $546 | $376 | $22 | $112 | $1,370 | $114 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate quotes do not factor in garaging location in San Jose which can increase or decrease insurance rates noticeably.
Based on the data above, we can derive that using a $100 deductible costs an average of $32 more each month or $384 for a full year across all Hyundai Veracruz models than opting for the higher $500 deductible. Since you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 13 months between claims, you would more than likely save some money going with the higher deductible.
Hyundai Veracruz full coverage rates compared to liability only
The information below illustrates the difference between Hyundai Veracruz insurance premiums with liability coverage only compared to full coverage. The rates are based on no accidents or driving violations, $100 deductibles, single marital status, and no policy discounts are applied.
When to stop buying physical damage coverage
There is no set rule of when to exclude physical damage insurance, but there is a guideline you can use. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
For example, let’s pretend your Hyundai Veracruz settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after paying the physical damage deductible. If you are paying in excess of $800 a year for your policy with full coverage, then it may be the right time to buy liability only.
There are some scenarios where dropping physical damage coverage is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Get cheaper Hyundai Veracruz insurance in San Jose with discounts
Companies do not advertise all available discounts in an easy-to-find place, so the list below details a few of the more well known in addition to some of the lesser obvious ways to save on insurance. If you don’t get every credit you deserve, it’s possible you qualify for a lower rate.
- Multiple Policy Discount – If you combine your home and auto policies and insure them with the same company you could get a discount of up to 20% and get you the cheapest Hyundai Veracruz insurance in San Jose.
- New Car Discount – Putting insurance coverage on a new Veracruz can save you some money because new model year vehicles are generally safer.
- College Student Discount – Children who are attending college and do not have access to a covered vehicle may be insured at a cheaper rate.
- Seat Belt Usage – Buckling up and requiring all passengers to buckle up before driving may be able to save a few bucks on medical payment and PIP coverage.
- Discount for Life Insurance – Insurance companies who offer life insurance give a discounted price on car insurance if you buy life insurance.
- Telematics Data – Drivers who elect to allow their insurance company to scrutinize driving manner through the use of a telematics system like Allstate’s Drivewise may get a rate reduction if they have good driving habits.
- Multi-car Discount – Buying insurance for multiple cars on the same insurance policy may reduce the rate for each vehicle.
While discounts sound great, it’s important to understand that most discount credits are not given to the entire policy premium. The majority will only reduce individual premiums such as collision or personal injury protection. Just because it seems like you would end up receiving a 100% discount, it’s just not the way it works.
The example below visualizes the comparison of Hyundai Veracruz auto insurance rates with and without discounts applied. The premium estimates are based on a male driver, a clean driving record, no claims, California state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, claim-free, multi-policy, multi-car, and safe-driver discounts applied.
A few of the larger companies and their possible discounts can be found below.
- Progressive may have discounts that include multi-vehicle, good student, multi-policy, online quote discount, and homeowner.
- Farmers Insurance discounts include multi-car, electronic funds transfer, business and professional, distant student, teen driver, and early shopping.
- Farm Bureau offers premium reductions for 55 and retired, youthful driver, multi-vehicle, good student, multi-policy, and safe driver.
- State Farm may include discounts for anti-theft, multiple policy, good driver, multiple autos, and safe vehicle.
- GEICO has savings for daytime running lights, good student, membership and employees, federal employee, driver training, and anti-lock brakes.
- SAFECO policyholders can earn discounts including drive less, bundle discounts, teen safe driver, anti-lock brakes, teen safety rewards, and multi-car.
- Liberty Mutual offers discounts for new graduate, multi-policy, hybrid vehicle, newly married, and exclusive group savings.
If you want the cheapest Hyundai Veracruz rate quotes, ask every company to apply every possible discount. A few discounts may not apply to policyholders in every state. If you would like to see a list of insurance companies that have a full spectrum of discounts in San Jose, click here to view.
Are car insurance agents a thing of the past?
Many people still like to talk to an insurance agent and that is a personal choice. The biggest benefit of comparing insurance prices online is that you can obtain the best rates and still have a local agent. Putting coverage with local insurance agencies is important especially in San Jose.
To help locate an agent, after submitting this quick form, the quote information is sent to agents in your area who will give you bids for your car insurance coverage. You never need to contact an agency since rate quotes are delivered to your email. It’s the lowest rates and a licensed agent to work with. If for some reason you want to compare rates from a specific company, you can always visit that company’s website and fill out the quote form the provide.
The type of auto insurance agent you choose is important
If you’re trying to find a reliable agent, it’s important to understand the types of insurance agents and how they differ in how they quote coverages. Car insurance agents may be either exclusive or independent (non-exclusive).
Independent Agencies or Brokers
Independent agents are not locked into one company and that allows them to write policies with many different companies and get you the best rates possible. If you are not satisfied with one company, an independent agent can move your coverage which is easy for the insured.
When comparing car insurance prices, it’s a good idea to include price quotes from a few independent agents so that you can do a thorough price comparison. Most have the option of insuring with lesser-known insurance companies that can offer cheaper rates than bigger companies.
Shown below are independent agencies in San Jose who may be able to give you price quotes.
- Gatewood Insurance Agency Inc
1095 Bird Ave #2 – San Jose, CA 95125 – (408) 298-1611 – View Map - Lords Insurance Agency Inc
2239 Moorpark Ave #100 – San Jose, CA 95128 – (408) 289-5445 – View Map - Taylor Benefits Insurance Agency
4820 Harwood Rd #130 – San Jose, CA 95124 – (408) 358-7502 – View Map
Exclusive Car Insurance Agents
Agents in the exclusive channel are contracted to one company like State Farm, Allstate and AAA. Exclusive agents are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive agents are highly trained on their products and sales techniques which aids in selling service over price. Many people buy from exclusive agents mainly due to the brand name and the convenience of having all coverages with one company.
The following are exclusive insurance agencies in San Jose who can help you get price quote information.
- Farmers Insurance: Jose Manabat
1620 Oakland Rd #D107 – San Jose, CA 95131 – (408) 437-5456 – View Map - Joe Fiorentino – State Farm Insurance Agent
1153 Redmond Ave Ste C – San Jose, CA 95120 – (408) 927-7526 – View Map - Farmers Insurance – Jeff Senigaglia
950 S Bascom Ave #2113 – San Jose, CA 95128 – (408) 297-6686 – View Map
Finding the right insurance agent should depend on more than just a cheap price. Agents should be asked these questions:
- When do they do a full risk review?
- Is the agency covered by Errors and Omissions coverage?
- Does the agency support the community they serve?
- How long have they been in business?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Does the company have a local claim office in San Jose?
- How many companies do they write for?
Your situation helps dictate your coverage
When buying proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Your needs are unique to you so your insurance needs to address that.
For example, these questions can aid in determining whether your personal situation might need professional guidance.
- Am I covered if I crash into my own garage door?
- Who is covered when they drive my Hyundai Veracruz?
- Are rock-chip repairs free?
- Does medical payments coverage apply to all occupants?
- What does roadside assistance cover?
- What can I do if my company denied a claim?
- Is rental equipment covered for theft or damage?
- How much can I save by bundling my policies?
- Who is covered by my policy?
If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier
Compare. Compare. Compare.
Some insurance companies may not provide internet price quotes and these smaller providers work with independent insurance agents. Cheaper Hyundai Veracruz insurance in San Jose can be found from both online companies as well as from independent agents in San Jose, so you need to compare both to have the best selection.
We just showed you some good ideas how to get a better price on Hyundai Veracruz insurance in San Jose. The key concept to understand is the more times you quote, the better chance you’ll have of finding affordable San Jose auto insurance quotes. You may even find the lowest rates come from some of the smallest insurance companies. These companies may cover specific market segments cheaper compared to the large companies like State Farm and Allstate.
For more information, feel free to visit these articles:
- Auto Insurance Learning Center (State Farm)
- Who Has Cheap Car Insurance Quotes for Drivers Under 25 in San Jose? (FAQ)
- How Much are Auto Insurance Quotes for a Toyota 4Runner in San Jose? (FAQ)
- Who Has Cheap Car Insurance for Police Officers in San Jose? (FAQ)
- Who Has Cheap Car Insurance Quotes for Seniors in San Jose? (FAQ)
- Frontal Crash Tests (iihs.org)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Event Data Recorders FAQ (iihs.org)
- How to shop for a safer car (Insurance Institute for Highway Safety)