When trying to find lower-priced insurance, are you baffled by the number of car insurance companies in Toledo? You have so many companies available that it can easily become a big hassle to find the lowest price for Hyundai Accent insurance in Toledo. Toledo is an excellent city in which to live, but high car insurance premiums can make it hard for many drivers to pay other bills every month.
Steps to finding low-cost rates for Hyundai Accent insurance in Toledo
If you want to find the absolute lowest rates, then the best way to get cheaper Hyundai Accent insurance in Toledo is to do a yearly price comparison from insurance carriers who provide car insurance in Ohio.
- Get an understanding of the different coverages in a policy and the measures you can take to prevent expensive coverage. Many things that result in higher prices like careless driving and a negative credit score can be rectified by making lifestyle changes or driving safer.
- Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Allstate, while agents who are independent can give you price quotes from multiple companies.
- Compare the price quotes to your current policy premium and see if you can save money. If you find a better price, ensure there is no coverage lapse between policies.
- Notify your current company of your intention to cancel your existing policy and submit a completed policy application and payment to your new company or agent. As soon as you can, keep the new proof of insurance paperwork in your glove compartment.
The key thing to remember is to make sure you enter the same level of coverage on every quote and and to analyze as many companies as you can. This helps ensure the most accurate price comparison and a good representation of prices.
It’s an obvious conclusion that insurance companies don’t want you shop around. Consumers who get comparison quotes once a year are highly likely to switch companies because they have good chances of finding lower prices. Surprisingly, a recent survey revealed that people who shopped around saved $850 each year compared to people who don’t make a habit of comparing rates.
If finding budget-friendly insurance is your goal, then knowing how to find companies and compare coverages can save time, money, and frustration.
If you currently have a car insurance policy, you will be able to find the best rates using these techniques. Finding quotes for the best policy in Toledo is actually quite simple. But Ohio car owners must comprehend the way companies market on the web because rates fluctuate considerably.
Car insurance providers offering cheap price quotes in Ohio
The companies in the list below have been selected to offer comparison quotes in Toledo, OH. To find the best cheap car insurance in Toledo, it’s highly recommended you compare several of them in order to find the most competitive rates.
Detailed insurance information
The coverage information shown below showcases detailed analysis of coverage costs for Hyundai Accent models. Understanding more about how insurance prices are calculated can help guide drivers when making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accent Blue 2-Dr Hatchback | $124 | $274 | $250 | $14 | $76 | $738 | $62 |
| Accent GS 2-Dr Hatchback | $146 | $334 | $250 | $14 | $76 | $820 | $68 |
| Accent GLS 4-Dr Sedan | $146 | $394 | $334 | $20 | $100 | $994 | $83 |
| Accent SE 2-Dr Hatchback | $168 | $452 | $250 | $14 | $76 | $960 | $80 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in Toledo location which can lower or raise auto insurance rates considerably.
Deductible analysis
One frequently asked question is how high should the deductibles for physical damage be. The comparison tables below may help to conceptualize the differences in price when you buy lower versus higher deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accent Blue 2-Dr Hatchback | $130 | $242 | $192 | $12 | $58 | $659 | $55 |
| Accent GS 2-Dr Hatchback | $152 | $296 | $192 | $12 | $58 | $735 | $61 |
| Accent GLS 4-Dr Sedan | $152 | $348 | $256 | $16 | $76 | $873 | $73 |
| Accent SE 2-Dr Hatchback | $176 | $400 | $192 | $12 | $58 | $863 | $72 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accent Blue 2-Dr Hatchback | $106 | $196 | $192 | $12 | $58 | $564 | $47 |
| Accent GS 2-Dr Hatchback | $124 | $238 | $192 | $12 | $58 | $624 | $52 |
| Accent GLS 4-Dr Sedan | $124 | $280 | $256 | $16 | $76 | $752 | $63 |
| Accent SE 2-Dr Hatchback | $142 | $324 | $192 | $12 | $58 | $728 | $61 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Estimates do not factor in specific location information which can influence price quotes considerably.
Based on this data, using a $250 deductible will cost you approximately $9 more each month or $108 annually averaged for all Accent models than choosing the higher $500 deductible. Due to the fact that you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to average at least 28 months between claim filings, you would most likely save money if you elect the higher deductible. Here is how you can do this calculation yourself.
| Average monthly premium for $250 deductibles: | $65 |
| Average monthly premium for $500 deductibles (subtract): | – $56 |
| Monthly savings from raising deductible: | $9 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $9 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 28 months |
The diagram below illustrates how your choice of deductibles and can raise or lower Hyundai Accent yearly insurance costs for different age categories. The data assumes a married female driver, comp and collision included, and no discounts are factored in.
Tickets and at-fault accidents raise rates
The example below illustrates how violations and at-fault fender-benders can raise Hyundai Accent insurance premiums for different ages of insureds. The rate quotes are based on a single male driver, full coverage, $250 deductibles, and no policy discounts are applied.
Get cheaper rates on Hyundai Accent insurance in Toledo with these discounts
Insurance can cost an arm and a leg, but there may be some discounts that could help you make your next renewal payment. Certain credits will be shown at the time of quoting, but a few must be inquired about before you will receive the discount.
- Multi-Vehicle Discounts – Purchasing coverage when you have primary and secondary vehicles on one policy qualifies for this discount.
- Include Life Insurance and Save – Not all companies offer life insurance, but some may give you better rates if you take out life insurance.
- Cautious Driver Discounts – Drivers without accidents may save up to 50% more than less cautious drivers.
- Low Mileage – Keeping the miles down on your Hyundai could be rewarded with discounted rates on garaged vehicles.
- 55 and Retired – Drivers over the age of 55 are able to get a small decrease in premiums.
- Good Student – This discount can save 20 to 25%. The discount lasts up to age 25.
- Defensive Driver – Taking time to complete a course teaching driver safety skills could earn you a small percentage discount and easily recoup the cost of the course.
- Military Rewards – Being on active duty in the military can result in better premium rates.
- Theft Prevention System – Vehicles optioned with advanced anti-theft systems are stolen less frequently and can earn a small discount on your policy.
- Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts may earn rate discounts up to 30%.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like comp or med pay. Despite the appearance that adding up those discounts means a free policy, companies wouldn’t make money that way.
The illustration below shows the difference between Hyundai Accent car insurance rates with and without discounts. The premium estimates are based on a male driver, no accidents or driving violations, Ohio state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, marriage, safe-driver, claim-free, and multi-car discounts applied.
The best auto insurance companies and their possible discounts are included below.
- Progressive includes discounts for homeowner, multi-policy, online quote discount, multi-vehicle, online signing, and good student.
- SAFECO has savings for accident prevention training, teen safety rewards, anti-lock brakes, safe driver, anti-theft, bundle discounts, and homeowner.
- American Family offers discounts for TimeAway discount, air bags, bundled insurance, accident-free, defensive driver, good driver, and mySafetyValet.
- MetLife may include discounts for defensive driver, accident-free, claim-free, multi-policy, and good driver.
- GEICO has discounts for multi-vehicle, multi-policy, federal employee, emergency military deployment, and seat belt use.
- The Hartford policyholders can earn discounts including defensive driver, anti-theft, air bag, vehicle fuel type, bundle, and driver training.
When getting free Toledo auto insurance quotes, it’s a good idea to each company which credits you are entitled to. A few discounts may not be offered in Toledo.
When to contact a local insurance agent
Many people still like to talk to a local agent. One of the benefits of comparing insurance online is that you can find lower rates and still have an agent to talk to. And buying from neighborhood insurance agencies is important particularly in Toledo.
After completing this form (opens in new window), your insurance coverage information is immediately sent to agents in your area who will give you bids and help you find cheaper coverage. You don’t have to search for any insurance agencies because prices are sent to the email address you provide. You’ll get the best rates and a licensed agent to talk to. In the event you want to compare prices from a particular provider, you just need to find their quoting web page and give them your coverage information.
If you need to find a good Toledo insurance agent, it’s important to understand the different types of agencies that you can choose from. Insurance agents in Toledo may be either independent (non-exclusive) or exclusive.
Independent Insurance Agencies or Brokers
Independent agencies do not sell for just one brand and that gives them the ability to insure with a variety of different insurance companies and get the cheapest rates. If you want to switch companies, your policy is moved internally and that require little work on your part.
When searching for an agent, we highly recommend that you get insurance quotes from at a minimum one independent agency to have the most options to choose from. Most independent agents also contract with companies you’ve never heard of which could offer lower prices.
Listed below is a partial list of independent insurance agencies in Toledo that may be able to give you pricing information.
- Mann Insurance
3005 Douglas Rd – Toledo, OH 43606 – (419) 255-0040 – View Map - American Casualty Insurance
6060 Renaissance Pl i – Toledo, OH 43623 – (419) 885-3571 – View Map - D and R Insurance Inc
240 S Reynolds Rd – Toledo, OH 43615 – (419) 535-5600 – View Map
Exclusive Insurance Agencies
Agents of this type normally can only provide a single company’s rates like Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents cannot provide other company’s prices so keep that in mind. Exclusive agents are well trained on sales techniques and that can be a competitive advantage. Some insured continue to use the same exclusive agent mostly because of loyalty to the company rather than having the cheapest rates.
Listed below are exclusive agents in Toledo willing to provide price quotes.
- Nathan Ensey – State Farm Insurance Agent
4024 N Holland Sylvania Rd Ste 6 – Toledo, OH 43623 – (419) 517-8811 – View Map - Allstate Insurance: Arrow Dickerson
5415 Monroe St #2a – Toledo, OH 43623 – (419) 841-5017 – View Map - Henry Geha – State Farm Insurance Agent
4750 Monroe Street – Toledo, OH 43623 – (419) 472-1399 – View Map
Selecting an auto insurance agent should include more criteria than just a cheap price. These are valid questions to ask:
- Are they properly licensed to sell insurance in Ohio?
- How much training do they have in personal risk management?
- Do they assist clients in filing claims?
- What insurance companies do they recommend if they are an independent agent?
- Can they provide you with a list of referrals?
Best auto insurance in Toledo
Insuring your vehicle with a good quality auto insurance provider is hard considering how many different companies sell coverage in Ohio. The ranking information shown below may help you decide which car insurance companies you want to consider shopping your coverage with.
Top 10 Toledo Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Affordable insurance premiums are possible
In this article, we presented quite a bit of information on how to save on Hyundai Accent insurance in Toledo. The key concept to understand is the more rate quotes you have, the better likelihood of getting inexpensive Toledo auto insurance quotes. You may even be surprised to find that the best rates are with a smaller regional carrier.
Lower-priced Hyundai Accent insurance in Toledo is available on the web and from local agencies, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies may not have online rate quotes and most of the time these small, regional companies work with independent agents.
When getting Toledo auto insurance quotes online, never reduce coverage to reduce premium. There have been many situations where consumers will sacrifice collision coverage only to regret at claim time they didn’t have enough coverage. The ultimate goal is to purchase a proper amount of coverage at the best cost while not skimping on critical coverages.
How to quote cheaper Hyundai Accent insurance in Toledo
If you want to save money, the best way to get budget car insurance rates in Toledo is to start comparing prices regularly from insurance carriers who can sell car insurance in Ohio.
- Step 1: Read about how companies price auto insurance and the modifications you can make to lower rates. Many factors that drive up the price such as at-fault accidents, speeding tickets, and a bad credit rating can be remedied by making minor changes in your lifestyle.
- Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give prices from a single company like GEICO or Allstate, while independent agencies can quote prices for a wide range of companies. Start a quote
- Step 3: Compare the quotes to the price on your current policy to see if switching to a new carrier will save money. If you find better rates and make a switch, ensure coverage does not lapse between policies.
- Step 4: Provide proper notification to your current company of your intention to cancel your existing policy. Submit the signed application along with the required initial payment for your new policy. Once coverage is bound, place your new proof of insurance paperwork in an accessible location in your vehicle.
One tip to remember is to make sure you enter similar deductibles and liability limits on each price quote and and to compare all possible companies. This helps ensure a fair rate comparison and a complete price analysis.
To learn more, link through to the resources below:
- Distracted Driving Extends Beyond Texting (State Farm)
- Who Has the Cheapest Auto Insurance Quotes for First-time Drivers in Toledo? (FAQ)
- How Much are Toledo Auto Insurance Quotes for Teenage Females? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Ford Focus in Toledo? (FAQ)
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
- Things to Know Before you Cancel Insurance (Allstate)