Finding cheap insurance for a Hyundai Sonata hinges on an enormous amount of rating factors such as your marital status, your credit status, and citations on your driving record. Ohio drivers pay approximately $781 per year for Sonata insurance, but that cost is a projection based upon a 40-year-old single female driver with both comprehensive and collision coverage and $500 deductibles.
It’s highly likely you are not 40 years old and maybe not even female, possibly married instead of single, or maybe you don’t qualify for the same discounts. Just a very minor change in rating criteria or coverage limits can result in a massive change in the cost of insuring your Sonata.
Auto insurance requires individual risk assessment, so the only way to find cheap auto insurance rates for your Hyundai is to do a thorough rate comparison.
Cheapest Hyundai Sonata Insurance Rates
Your vehicle’s trim level will likely have an effect on the cost of coverage, so the price you will pay to insure a Sonata GLS 4-Dr Sedan model will be $66 lower than the price to insure the more costly Sonata Limited 4-Dr Sedan version, as shown in the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $136 | $270 | $334 | $20 | $100 | $860 | $72 |
| Sonata GLS 4-Dr Sedan | $136 | $270 | $334 | $20 | $100 | $860 | $72 |
| Sonata GLS 4-Dr Sedan | $136 | $270 | $334 | $20 | $100 | $860 | $72 |
| Sonata SE 4-Dr Sedan | $136 | $318 | $334 | $20 | $100 | $908 | $76 |
| Sonata SE 4-Dr Sedan | $136 | $318 | $334 | $20 | $100 | $908 | $76 |
| Sonata Limited 4-Dr Sedan | $154 | $318 | $334 | $20 | $100 | $926 | $77 |
| Sonata Limited 4-Dr Sedan | $154 | $318 | $334 | $20 | $100 | $926 | $77 |
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Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Price estimates do not factor in specific garaging location which can affect prices substantially.
Finding cost effective auto insurance is not always easy, and figuring out which company offers the best car insurance rates for a Hyundai Sonata will involve even more rate comparisons. Every insurance company uses different criteria to establish rates, so let’s begin by taking a look at the most affordable car insurance companies in Toledo.
It’s important that readers know that Ohio car insurance rates are influenced by many factors that will increase or decrease the policy price. Improving your financial situation, having a teenage driver, or getting a couple of tickets may cause policy rate changes that can now make some companies more expensive than others.
Find the Cheapest Auto Insurance for Your Sonata
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $628 |
| 2 | Erie | $661 |
| 3 | Allied | $676 |
| 4 | Frankenmuth | $687 |
| 5 | Travelers | $712 |
| 6 | USAA | $733 |
| 7 | Merchants Insurance Group | $748 |
| 8 | Cincinnati Insurance | $779 |
| 9 | Motorists Mutual | $800 |
| 10 | General Casualty | $805 |
| 11 | Grange Mutual | $812 |
| 12 | Hastings Mutual | $866 |
| 13 | State Farm | $867 |
| 14 | Central Mutual | $874 |
| 15 | Atlantic States | $904 |
| 16 | Westfield | $946 |
| 17 | Auto-Owners | $968 |
| 18 | Western Reserve | $970 |
| 19 | Progressive | $982 |
| 20 | Nationwide | $988 |
| Find Cheaper Rates Go | ||
Utica National may offer some of the cheapest car insurance rates in Toledo at around $628 each year. This is $412 less than the average rate paid by Ohio drivers of $1,040. Erie, Allied, Frankenmuth, and Travelers would also make the list of some of the best Toledo, OH car insurance companies.
In the above rates, if you are a policyholder with Frankenmuth and switched to Utica National, you might achieve a yearly price reduction of around $59. Policyholders with Travelers may save as much as $84 a year, and USAA insureds might reduce prices by as much as $105 a year.
Understand that those premium estimates are averaged for all insureds and vehicles and and are not calculated with an exact vehicle garaging location for a Hyundai Sonata. So the car insurance company that is most affordable for your situation may not even be in the list above. That point stresses why you need to get auto insurance quotes using your own personal information and vehicle type.
Do you need full coverage?
Saving money when shopping for car insurance should be important to the majority of people, and a great way to find cheap insurance for a Hyundai Sonata is to buy liability only. The information below illustrates the difference between car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The information is based on a clean driving record, no claims, $500 deductibles, drivers are single, and no discounts are factored in.
If all age groups are averaged, full coverage costs $1,436 per year over liability only. That is a large expense and it proposes the question if physical damage coverage is worth the money. There is no clear-cut rule to drop comp and collision coverage, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
Accidents and violations increase rates
The easiest way to earn the most affordable car insurance rates for a Sonata is to be an attentive driver and avoid accidents and traffic violations. The example below shows how violations and fender-benders drive up auto insurance costs for each age group. The costs are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.
In the previous example, the average cost of auto insurance in Toledo per year with no accidents and a clean driving record is $1,345. Receive two speeding tickets and the average cost hikes up to $1,917, an increase of $572 each year. Then throw in one accident along with the two speeding tickets and the 12-month cost of car insurance for a Hyundai Sonata goes up to an average of $2,504. That’s an increase of $1,158, or $97 per month, just for a couple of infractions!
Discounts on Toledo auto insurance rates
Auto insurance companies that provide coverage for a Hyundai Sonata may also provide premium discounts that could reduce prices by 35% or more if you can meet the requirements. A list of car insurance companies and some of the premium reductions they offer are included below.
- Esurance has discounts for good student, emergency road assistance, good driver, claim free, renters, and homeowner.
- The Hartford includes discounts for vehicle fuel type, defensive driver, bundle, driver training, air bag, anti-theft, and good student.
- AAA discounts include pay-in-full, anti-theft, AAA membership discount, good student, and multi-policy.
- GEICO offers discounts including seat belt use, emergency military deployment, defensive driver, good student, federal employee, and five-year accident-free.
- State Farm offers premium reductions for driver’s education, passive restraint, good student, student away at school, multiple policy, and Steer Clear safe driver discount.
The diagram below visualizes the comparison of insurance rates with and without discounts being applied to the rates. The rates are based on a male driver, no claims or violations, Ohio state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with homeowner, claim-free, anti-theft, passive restraint, accident-free, and defensive driving course discounts applied. With discounts applied, the average savings per year on car insurance for a Hyundai Sonata is 28% or $485.
The insurance agencies below can help you make a decision which car insurance policy is best, since lots of people like to have a little guidance when comparing insurance rates for a Hyundai Sonata. It’s not always easy to find coverage yourself, and getting professional guidance from a licensed agent can provide comfort knowing you have sufficient protection if you have a claim.
To locate a Toledo auto insurance agent nearest to you, click the button link following the list or click here to compare prices now.
- Powell Insurance Inc
6029 Renaissance Pl # A – Toledo, OH 43623 – (419) 882-1076 - Knight Insurance Group
22 N Erie St – Toledo, OH 43624 – (419) 241-5133 - Allstate Insurance: Evans Insurance Group Corp.
1900 Monroe St – Toledo, OH 43604 – (419) 241-8061