Best Hyundai Sonata Insurance in Milwaukee

Hyundai Sonata insurance policy
Hyundai Sonata insurance policy image courtesy of QuoteInspector.com

Insurance quote for Hyundai Sonata in MilwaukeeHaving to pay for expensive car insurance in Milwaukee can drain your savings and maybe even restrict other spending. Getting a rate comparison can lower your rates and help to lower your bills every month.

A study showed that a large majority of car insurance policyholders have stayed with the same insurance company for at least four years, and just under half have never even shopped around for affordable coverage. Many drivers in Milwaukee could save themselves as much as $370 a year just by shopping around, but they don't want to take the time to shop around.

Multiple auto insurance companies compete for your insurance dollar, so it can be very hard to choose a company and get the best coverage at the lowest price on Hyundai Sonata insurance in Milwaukee.

Lower rates by qualifying for discounts

Properly insuring your vehicles can get expensive, but companies offer discounts that could help you make your next renewal payment. Most are applied when you purchase, but some need to be specially asked for prior to receiving the credit.

It's important to note that some credits don't apply to the entire policy premium. The majority will only reduce specific coverage prices like liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, you won't be that lucky. But all discounts will help reduce your overall bill.

Companies who might offer some of the above discounts are:

If you need affordable Hyundai Sonata insurance quotes, ask all companies you are considering which discounts you qualify for. A few discounts might not be offered on policies in every state. If you would like to view companies that offer many of these discounts in Milwaukee, click here.

When looking for cheaper Milwaukee auto insurance quotes, there are a couple ways of comparing rate quotes from different Milwaukee insurance companies. By far the easiest way to find competitive Hyundai Sonata insurance rates is to get quotes online.

It's so easy to compare rate quotes online that it makes it obsolete to call or drive to local Milwaukee insurance agencies. Quoting Hyundai Sonata insurance online eliminates the middleman unless you require the professional assistance of an agent trained in personal lines coverage. Some companies do allow you to get prices online but still have the advice of a local agent.

Just remember that more quotes helps increase your odds of locating the best price. Some regional insurers cannot provide price estimates online, so it's necessary to compare quotes from the smaller companies as well.

The companies shown below are ready to provide comparison quotes in Milwaukee, WI. If multiple providers are shown, it's highly recommended you click on several of them to get a more complete price comparison.

Hyundai Sonata Insurance Costs in Milwaukee, WI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $172 $294 $266 $16 $80 $828 $69
Sonata GLS 4-Dr Sedan $106 $212 $338 $20 $102 $778 $65
Sonata GLS 4-Dr Sedan $170 $368 $294 $18 $88 $938 $78
Sonata SE 4-Dr Sedan $132 $262 $268 $16 $80 $758 $63
Sonata SE 4-Dr Sedan $178 $352 $260 $16 $78 $884 $74
Sonata Limited 4-Dr Sedan $96 $188 $250 $14 $74 $622 $52
Sonata Limited 4-Dr Sedan $156 $300 $250 $14 $74 $794 $66
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Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Premium costs do not factor in specific Milwaukee garaging location which can lower or raise premium rates noticeably.

Illustration showing the impact of accidents and violations

The diagram below demonstrates how traffic citations and fender-benders can affect Hyundai Sonata insurance premiums for different age groups. The data is based on a single male driver, full physical damage coverage, $100 deductibles, and no other discounts are factored in.

Raise deductibles and save

When buying car insurance, a common question is at what level do you set your deductibles. The rates shown below can help you understand the price difference between low and high physical damage coverage deductibles. The first rate table uses a $100 deductible for physical damage and the second rate chart uses a $500 deductible.

Hyundai Sonata insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $198 $358 $260 $16 $78 $935 $78
Sonata GLS 4-Dr Sedan $198 $358 $260 $16 $78 $935 $78
Sonata GLS 4-Dr Sedan $198 $358 $260 $16 $78 $935 $78
Sonata SE 4-Dr Sedan $198 $422 $260 $16 $78 $999 $83
Sonata SE 4-Dr Sedan $198 $422 $260 $16 $78 $999 $83
Sonata Limited 4-Dr Sedan $224 $422 $260 $16 $78 $1,025 $85
Sonata Limited 4-Dr Sedan $224 $422 $260 $16 $78 $1,025 $85
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Hyundai Sonata insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $144 $242 $260 $16 $78 $740 $62
Sonata GLS 4-Dr Sedan $144 $242 $260 $16 $78 $740 $62
Sonata GLS 4-Dr Sedan $144 $242 $260 $16 $78 $740 $62
Sonata SE 4-Dr Sedan $144 $284 $260 $16 $78 $782 $65
Sonata SE 4-Dr Sedan $144 $284 $260 $16 $78 $782 $65
Sonata Limited 4-Dr Sedan $164 $284 $260 $16 $78 $802 $67
Sonata Limited 4-Dr Sedan $164 $284 $260 $16 $78 $802 $67
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Information does not factor in the specific area where the vehicle is garaged which can decrease or increase premiums noticeably.

Using the premium rates above, we can conclude that using a $100 deductible could cost the average driver approximately $17 more each month or $204 each year than quoting the higher $500 deductible. Since you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you usually have at least 24 months between claims, you would save money if you choose a higher deductible.

Calculation for raising deductibles

Average monthly premium for $100 deductibles: $81
Average monthly premium for $500 deductibles (subtract): - $64
Monthly savings from raising deductible: $17
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

Deductible comparison

The diagram below highlights how deductible selection and can raise or lower Hyundai Sonata annual premium costs for different categories of driver ages. The costs are based on a single female driver, comp and collision included, and no discounts are applied.

Decisions You Make Can Impact Your Insurance Costs

Many things are taken into consideration when you quote your car insurance policy. A few of the factors are predictable like a motor vehicle report, but other criteria are less apparent such as your marital status or your vehicle rating. It's important that you understand some of the things that help determine your insurance rates. When you understand what determines premiums, this allows you to make good choices that can earn you lower premium levels.

Men drivers tend to cost more - The statistics show that women are safer drivers than men. It does not mean females are better drivers. Women and men are responsible for auto accidents at about the same rate, but guys cause more damage and cost insurance companies more money. Men also statistically get more serious tickets such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers cause the most accidents and are penalized with high insurance rates.

Long commutes cost more - The higher the mileage driven in a year's time the higher your rate. Most insurance companies price each vehicle's coverage based on their usage. Autos that sit idle most of the time can be on a lower rate level compared to those used for work or business. Ask your agent if your insurance coverage reflects the right rating data, because improper ratings can cost you money. A policy that improperly rates your Sonata may be costing you higher rates.

Safer vehicles lower insurance rates - Cars with five star safety ratings tend to have lower insurance rates. Safer cars have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims and thus lower rates.

Lower coverage deductibles cost more - Comprehensive and collision coverage deductibles are how much you are required to spend if a claim is determined to be covered. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some instances where coverage would apply are colliding with a stationary object, animal collisions, or theft of your vehicle. The more money you pay before a claim is paid (deductible), the lower your rates will be.

Bundling policies can get discounts - Many companies will give better rates to policyholders that purchase more than one policy in the form of a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. Even with this discount, it's still a good idea to shop around to confirm you are receiving the best rates possible. Consumers may save even more by insuring with multiple companies.

Hyundai Sonata historical loss data - Insurance companies use claims history as a tool for profitable underwriting. Models that the statistics show to have higher loss trends will have a higher cost to insure. The table below illustrates the insurance loss data for Hyundai Sonata vehicles.

For each coverage category, the statistical loss for all vehicles, regardless of make or model, is represented as 100. Numbers shown that are under 100 suggest a better than average loss history, while values that are 100 or greater indicate a higher chance of having a claim or tendency to have higher losses.

Hyundai Sonata Insurance Loss Statistics

Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Hyundai Sonata 129 88 101 138 149 110
Hyundai Sonata Hybrid 142 116 119 124 138 121
BETTER
AVERAGE
WORSE

Statistics from IIHS.org for 2013-2015 Model Years

Everyone needs different car insurance coverages

When selecting your policy for your vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that may help you determine whether you might need professional guidance.

If you don't know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Independent and exclusive insurance agents

Certain consumers just prefer to get advice from a local agent. A nice benefit of comparing insurance prices online is that you can obtain lower rates and also buy local. And supporting local agencies is especially important in Milwaukee.

Find insurance agent in MilwaukeeUpon completion of this simple form, the quote information is emailed to local insurance agents in Milwaukee who can give free rate quotes and help you find cheaper coverage. You don't have to search for any insurance agencies because quoted prices will be sent to you instantly. You can find the lowest rates without a big time investment. If you need to compare prices from a particular provider, don't hesitate to search and find their rate quote page to submit a rate quote request.

If you would like to find a reliable insurance agency, you need to know there are two different types of agencies and how they differ in how they can insure your vehicles. Milwaukee agents are considered either exclusive or independent (non-exclusive).

Independent Auto Insurance Agents (or Brokers)

Agents that elect to be independent often have many company appointments and that is an advantage because they can write policies with many different companies and find you the best rates. To move your coverage to a new company, they simply move your policy to a different company and you stay with the same agent.

When comparing rates, you need to get rate quotes from independent agents to get the best comparison.

Shown below are Milwaukee independent agents that can give you pricing information.


342 N Water St Ste 600 - Milwaukee, WI 53202 - (414) 877-0777 - View Map


2016 W Howard Ave - Milwaukee, WI 53221 - (414) 282-5955 - View Map


11046 W Bluemound Rd - Milwaukee, WI 53226 - (414) 257-2070 - View Map

View more Milwaukee agents

Exclusive Auto Insurance Agents

Exclusive agencies can only provide pricing for a single company like AAA, State Farm, Farmers Insurance, and Allstate. They are unable to give you multiple price quotes so it's a take it or leave it situation. These agents are well schooled on their company's products which can be an advantage.

Shown below is a short list of exclusive insurance agencies in Milwaukee who can help you get comparison quotes.


1410 E Capitol Dr - Milwaukee, WI 53211 - (414) 964-8680 - View Map


6111 W Bluemound Rd - Milwaukee, WI 53213 - (414) 259-0040 - View Map


5913 W Howard Ave - Milwaukee, WI 53220 - (414) 988-5271 - View Map

View more Milwaukee agents

Selecting a insurance agent requires you to look at more than just the price. Ask your prospective agent these questions:

Three reasons to not skimp on auto insurance

Even though it can be expensive, paying for auto insurance is required by state law in Wisconsin and it also provides benefits you may not be aware of.

First, just about all states have minimum mandated liability insurance limits which means you are required to carry specific minimum amounts of liability in order to drive the car. In Wisconsin these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you have a lien on your Sonata, it's guaranteed your bank will have a requirement that you have comprehensive coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Hyundai at a significantly higher premium and force you to pay for the much more expensive policy.

Third, auto insurance preserves both your vehicle and your personal assets. Insurance will pay for most medical and hospital costs for yourself as well as anyone injured by you. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance greatly outweigh the cost, specifically if you ever have a liability claim. According to a 2015 survey, the average American driver is wasting up to $825 a year so compare rates every year to save money.

One last thing about your coverage

Cheaper Hyundai Sonata insurance in Milwaukee is possible both online and from local insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance companies may not have rate quotes online and these small insurance companies provide coverage only through independent agents.

You just read many tips how you can get a better price on Hyundai Sonata insurance in Milwaukee. The most important thing to understand is the more quotes you get, the better chance you'll have of finding inexpensive Milwaukee auto insurance quotes. You may even find the lowest priced insurance comes from an unexpected company. Regional companies may only write in your state and offer lower rates than their larger competitors like State Farm and Allstate.

As you prepare to switch companies, it's a bad idea to skimp on coverage in order to save money. There have been many cases where an accident victim reduced liability coverage limits only to find out that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy enough coverage at the best possible price.

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