How to Save on Hyundai Santa Fe Insurance in Charlotte

Sadly, the vast majority of car insurance customers in North Carolina renewed their policy with the same company for four years or more, and virtually 40% of consumers have never shopped around. U.S. consumers could cut their rates by roughly 47% a year by just comparing quotes, but they assume it’s a waste of time to compare rates online.

Insurance for Hyundai Santa FeIf you want to save the most money, the best way to find the cheapest price for car insurance rates in Charlotte is to compare prices regularly from insurance carriers who sell insurance in North Carolina.

First, try to understand how insurance companies determine prices and the things you can change to keep rates down. Many risk factors that drive up the price such as at-fault accidents, speeding tickets, and a less-than-favorable credit rating can be eliminated by making minor driving habit or lifestyle changes. This article gives tips to help prevent expensive coverage and find discounts that you may qualify for.

Second, request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give prices from a single company like Progressive or State Farm, while independent agencies can quote rates from multiple sources.

Third, compare the price quotes to your current policy premium to see if a cheaper rate is available. If you can save money and decide to switch, make sure coverage is continuous and does not lapse.

Fourth, give proper notification to your current agent or company of your decision to cancel your existing policy. Submit a signed application and payment for the new coverage. Once the paperwork is finalized, keep your new certificate of insurance in a readily accessible location in your vehicle.

The critical component of shopping around is to compare the same coverage limits and deductibles on every quote request and to quote with as many car insurance companies as possible. This helps ensure a level playing field and the best rate selection.

Most companies allow you to get prices for coverage from their websites. Comparing Hyundai Santa Fe insurance rates online is fairly simple as you simply enter your required coverages into the quote form. When the form is submitted, the company’s rating system collects information on your driving record and credit history and generates a price determined by many factors.

Using the web to get rates for Hyundai Santa Fe insurance in Charlotte makes comparing rates easy, and it’s very important to perform this step in order to find cheap car insurance pricing.

To save time and find out if lower rates are available, compare rate quotes from the providers shown below. If you currently have coverage, we recommend you enter the coverages as shown on your current policy. Using the same limits helps guarantee you will have a rate comparison based on identical coverages.

The car insurance companies shown below are ready to provide comparison quotes in Charlotte, NC. To get cheaper auto insurance in NC, we suggest you visit several of them to get the cheapest price.

Hyundai Santa Fe insurance coverage information

The coverage information shown below highlights a range of insurance costs for Hyundai Santa Fe models. Having a good understanding how insurance policy premiums are figured helps drivers make decisions on the best policy to buy.


Hyundai Santa Fe Insurance Rates in Charlotte, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $118 $204 $326 $20 $98 $766 $64
Santa Fe GLS 4WD $136 $204 $326 $20 $98 $784 $65
Santa Fe SE 2WD $136 $204 $326 $20 $98 $784 $65
Santa Fe Limited 2WD $136 $240 $326 $20 $98 $820 $68
Santa Fe SE 4WD $136 $240 $326 $20 $98 $820 $68
Santa Fe Limited 4WD $152 $240 $326 $20 $98 $836 $70
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Price estimates do not factor in specific location which can increase or decrease price quotes substantially.

Can higher deductibles save money?

One of the more difficult decisions when buying car insurance is which deductible level should you buy. The tables below highlight the premium difference between high and low insurance deductibles. The first table uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.


Hyundai Santa Fe insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $186 $386 $250 $14 $74 $935 $78
Santa Fe GLS 4WD $214 $386 $250 $14 $74 $963 $80
Santa Fe SE 2WD $214 $386 $250 $14 $74 $963 $80
Santa Fe Limited 2WD $214 $456 $250 $14 $74 $1,033 $86
Santa Fe SE 4WD $214 $456 $250 $14 $74 $1,033 $86
Santa Fe Limited 4WD $242 $456 $250 $14 $74 $1,061 $88
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Hyundai Santa Fe insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $136 $262 $250 $14 $74 $736 $61
Santa Fe GLS 4WD $156 $262 $250 $14 $74 $756 $63
Santa Fe SE 2WD $156 $262 $250 $14 $74 $756 $63
Santa Fe Limited 2WD $156 $308 $250 $14 $74 $802 $67
Santa Fe SE 4WD $156 $308 $250 $14 $74 $802 $67
Santa Fe Limited 4WD $176 $308 $250 $14 $74 $822 $69
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in the specific area where the vehicle is garaged which can modify coverage prices noticeably.

Based on this data, using a $100 deductible could cost the average driver approximately $18 more each month or $216 for a full year averaged for all Santa Fe models than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 22 months between claims, you would probably be better off if you elect the higher deductible.

Calculation for determining deductible levels

Average monthly premium for $100 deductibles: $83
Average monthly premium for $500 deductibles (subtract): – $65
Monthly savings from raising deductible: $18
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $18
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 22 months

Learn How to Find Car Insurance Cheaper

It’s important that you understand some of the elements that play a part in calculating the price you pay for car insurance. If you understand what controls the rates you pay, this enables you to make decisions that will entitle you to better car insurance rates.

Here’s why insurance is not optional

Despite the high cost, paying for insurance is mandatory in North Carolina but it also protects more than you think.

First, almost all states have minimum liability requirements which means it is punishable by state law to not carry a minimum amount of liability protection if you don’t want to risk a ticket. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you bought your Santa Fe with a loan, most lenders will force you to have insurance to guarantee payment of the loan. If you let the policy lapse, the bank may buy a policy for your Hyundai for a much higher rate and require you to pay the higher price.

Third, insurance protects both your car and your personal assets. It will also pay for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if anyone sues you for causing an accident. If mother nature or an accident damages your car, comprehensive and/or collision insurance will cover the repair costs.

The benefits of carrying adequate insurance are without a doubt worth the cost, especially for larger claims. Today the average American driver is wasting up to $850 per year so shop around once a year at a minimum to help ensure money is not being wasted.