Average Hyundai Tucson insurance costs can run as high as $1,294 annually depending on factors like your age, driving record and location.
Save money by improving your credit score in states that use it to set rates, and by shopping around for discounts. A higher deductible could also help bring down premiums.
1. Liability Coverage
Hyundai Tucson SUVs are highly-desirable SUVs that come equipped with various trim levels and features. Average car insurance cost will depend on various factors such as state, coverage level and your driving record/age/credit score - however overall the average Tucson car insurance cost falls well under its base price of $22,700.
Full coverage car insurance policies typically cost $1,294 annually or $108 monthly and provide protection for bodily injury liability, property damage liability and uninsured motorist coverage. If you want to save money on your Hyundai Tucson insurance premiums consider getting minimum liability only policies instead.
On average, men pay $14 more in car insurance monthly than women. This may be due to women typically driving safer cars and having fewer accidents. Furthermore, as you get older your rates decrease; often hundreds can be saved annually simply by purchasing an older model Hyundai Tucson car insurance policy.
One way to reduce Hyundai Tucson insurance costs is by selecting a higher deductible, as this usually leads to lower monthly rates. For even further savings, look for companies offering usage-based or pay-per-mile policies, which provide a base monthly rate and then calculates your final bill based on how many miles you drive each month.
Your Hyundai Tucson can get an accurate quote by entering its ZIP code and comparing quotes from top car insurance providers. However, keep in mind that average Tucson insurance rates don't reflect your individual driving habits or history - for instance if there are tickets or accidents on your record they could significantly raise premiums; to see how much your personal rates would be enter your ZIP code above and compare multiple quotes within minutes; safe drivers with good records could qualify for additional discounts to reduce premium costs further.
2. Collision Coverage
Insurance rates for the Hyundai Tucson depend on many variables beyond just its make and model, such as driver age, driving record and location. Insurance providers also take into account accident statistics and theft rates when setting rates - so it is crucial that drivers shop around to compare prices before choosing their policy.
Hyundai Tucsons with full coverage average an annual cost of $1,2994 or approximately $108 monthly to insure with Farm Bureau offering the cheapest insurance policy followed by Nationwide and Liberty Mutual for maximum savings on rates. Drivers looking to lower their rates could consider improving both their credit score and driving record to do so.
Collision insurance - which covers the costs associated with repairs following an accident - costs an average of $656 annually and is often required by most lenders if your car is leased or financed. Your rates could be lower if you have an excellent driving record than those who have had multiple accidents or traffic violations in their driving history.
Comprehensive (or other-than-collision) coverage is another type of auto insurance coverage included with standard policies. It pays out for repairs if your vehicle is damaged in an event other than collision, such as flooding. In many cases, additional collision or comprehensive coverage can be purchased if your deductible is large enough so that any out of pocket expenses can be covered outright.
Keep your insurance rates down by obeying traffic rules. Be wary of traffic violations and try not to cause accidents whenever possible. In the event of an accident, report it immediately and follow all steps necessary for filing a claim; your insurer can then assess damage and determine if compensation should be granted - in which case they will cover repairs as well as cover any medical costs that might occur as a result of their determinations.
3. Comprehensive Coverage
Comprehensive insurance can pay to repair damage that wasn't your responsibility if your Hyundai Tucson gets involved in an accident that isn't your responsibility, known as other than collision coverage (OTCC) coverage or "otherwise than collision" coverage by lenders when leasing or financing your Tucson. A standard comprehensive policy costs $294 annually.
Like collision coverage, the type of car you drive has an effect on your insurance rates. SUVs tend to be higher-risk vehicles than sedans and thus typically cost more to insure. Furthermore, your Tucson's age may impact premiums; according to MoneyGeek research older Tucsons are usually cheaper to insure than newer models.
Location can have a substantial effect on your insurance rates, along with factors like crime statistics and population density. Insurance providers take these elements into consideration when calculating rates; so it's wise to shop around before selecting an insurer; it may be worthwhile paying slightly higher premiums in an area less prone to accidents and theft, with lower premiums.
Your driving record and credit rating also have a direct effect on the costs of Tucson car insurance policies. Teenagers and drivers in their 20s typically see the biggest increase with just two traffic violations on their record, while poor credit can increase premiums by more than $240 annually.
Take steps to improve your driving record and credit history to bring down Tucson car insurance rates, such as improving your credit and accumulating no claims history, working certain occupations, signing your policy early or being employed by military or federal entities. Additional discounts may also apply - airbags, anti-theft systems or lane departure warning systems can reduce rates significantly.
Men tend to pay more for Hyundai Tucson car insurance than women due to being more likely to receive tickets and cause collisions, with certain exceptions such as the Veloster being cheaper to insure for drivers age 30 due to having plenty of storage space and being sportier - while Accent's smaller dimensions mean it may cost more due to reduced storage space.
4. Uninsured Motorist Coverage
Your comprehensive and collision coverage may include uninsured motorist coverage as part of its overall package, providing medical expenses as well as repairs to your Hyundai Tucson in the event of an accident caused by someone without car insurance. On average, uninsured motorist coverage costs for Hyundai Tucson owners average about $386 annually.
Comparatively to similar SUVs and body styles, the Tucson is usually less costly to insure. However, its prices remain higher than some sedans; therefore it is wise to compare rates between various insurers before making your purchase decision.
Hyundai Tucson SE trim vehicles are the least costly to insure, followed by the SEL, Hybrid Blue and Plug-in Hybrid Limited vehicles. When looking for your next Hyundai Tucson vehicle, remember to investigate your insurance options and budget carefully - consider usage based or pay-per-mile policies as alternatives to traditional auto policies for optimal protection.
Auto insurance rates can depend on various variables that vary based on a variety of criteria, which can range from your age and driving record, credit score and location to what car model and safety features your ride contains. These factors all can have an impact on premium calculations for different policies from one insurer or even among similar policies with different carriers.
Young drivers typically face higher car insurance rates than older ones, while gender can also play a factor. If you are male in your 20s seeking to save money by lowering full coverage in favor of liability only coverage, this might be worth exploring as an option for your Hyundai Tucson insurance policy.
This guide's information about the Hyundai Tucson is derived from estimates calculated using rates from multiple insurers, excluding any discounts or credits you might qualify for.