Trying to find lower-priced auto insurance rates in Anchorage, AK? Anchorage drivers have lots of choices when trying to find the lowest priced Hyundai Sonata insurance. You can either spend your time driving around getting price quotes or save time using the internet to make rate comparisons.
There are more efficient ways to compare auto insurance rates and you need to know the absolute fastest way to get price quotes for a new or used Hyundai and locate the lowest possible price from both online companies and Anchorage agents.
Smart consumers take time to compare premium rates as often as possible because auto insurance prices are constantly changing. Despite the fact that you may have had the best quotes on Hyundai Sonata insurance in Anchorage a year ago you will most likely find a better rate today. There is a lot of bad information regarding Sonata insurance online, but we’re going to give you some good information on how to reduce your auto insurance bill.
Companies offering Hyundai Sonata insurance in Anchorage
The companies shown below are ready to provide comparison quotes in Anchorage, AK. If you wish to find cheap auto insurance in Anchorage, AK, we recommend you compare several of them in order to get a fair rate comparison.
Hyundai Sonata insurance coverage information
The information displayed below showcases different rate quotes for Hyundai Sonata models. Being more informed about how policy premiums are formulated can aid in making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $148 | $222 | $402 | $24 | $120 | $916 | $76 |
| Sonata GLS 4-Dr Sedan | $148 | $222 | $402 | $24 | $120 | $916 | $76 |
| Sonata GLS 4-Dr Sedan | $148 | $222 | $402 | $24 | $120 | $916 | $76 |
| Sonata SE 4-Dr Sedan | $148 | $262 | $402 | $24 | $120 | $956 | $80 |
| Sonata SE 4-Dr Sedan | $148 | $262 | $402 | $24 | $120 | $956 | $80 |
| Sonata Limited 4-Dr Sedan | $168 | $262 | $402 | $24 | $120 | $976 | $81 |
| Sonata Limited 4-Dr Sedan | $168 | $262 | $402 | $24 | $120 | $976 | $81 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in specific garaging location which can modify coverage rates significantly.
Physical damage deductibles
The hardest decision when buying coverage is the level to set your comp and collision deductibles. The rates shown below can help you understand the differences in price between low and high coverage deductibles. The first rate table uses a $100 deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $234 | $422 | $308 | $18 | $92 | $1,099 | $92 |
| Sonata GLS 4-Dr Sedan | $234 | $422 | $308 | $18 | $92 | $1,099 | $92 |
| Sonata GLS 4-Dr Sedan | $234 | $422 | $308 | $18 | $92 | $1,099 | $92 |
| Sonata SE 4-Dr Sedan | $234 | $498 | $308 | $18 | $92 | $1,175 | $98 |
| Sonata SE 4-Dr Sedan | $234 | $498 | $308 | $18 | $92 | $1,175 | $98 |
| Sonata Limited 4-Dr Sedan | $264 | $498 | $308 | $18 | $92 | $1,205 | $100 |
| Sonata Limited 4-Dr Sedan | $264 | $498 | $308 | $18 | $92 | $1,205 | $100 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $170 | $286 | $308 | $18 | $92 | $874 | $73 |
| Sonata GLS 4-Dr Sedan | $170 | $286 | $308 | $18 | $92 | $874 | $73 |
| Sonata GLS 4-Dr Sedan | $170 | $286 | $308 | $18 | $92 | $874 | $73 |
| Sonata SE 4-Dr Sedan | $170 | $336 | $308 | $18 | $92 | $924 | $77 |
| Sonata SE 4-Dr Sedan | $170 | $336 | $308 | $18 | $92 | $924 | $77 |
| Sonata Limited 4-Dr Sedan | $192 | $336 | $308 | $18 | $92 | $946 | $79 |
| Sonata Limited 4-Dr Sedan | $192 | $336 | $308 | $18 | $92 | $946 | $79 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can revise prices greatly.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $20 more each month or $240 a year averaged for all Sonata models than opting for the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to average more than 20 months between claim filings, you would come out ahead if you decide on a higher deductible.
The diagram below shows how different deductible levels and can impact Hyundai Sonata insurance costs for each age group. Data assumes a single male driver, comprehensive and collision coverage, and no discounts are applied.
Take policy discounts and save on Hyundai Sonata insurance in Anchorage
Some insurers don’t necessarily list every discount very clearly, so the below list has some of the more common and the more hidden credits available to you.
- Online Discount – Certain companies will provide an incentive for buying your policy on the internet.
- Federal Employees – Active or former government employment could provide a small rate reduction with a few insurance companies.
- Anchorage Homeowners Pay Less – Just being a homeowner can earn you a little savings because of the fact that having a home requires personal responsibility.
- Buy New and Save – Insuring a new Sonata is cheaper since newer vehicles are generally safer.
- Distant Student Discount – Kids who live away from home to go to college and leave their car at home could qualify for this discount.
- Air Bags and Passive Restraints – Factory options such as air bags or automatic seat belts can receive discounts up to 30%.
- Discount for Life Insurance – Some companies give better insurance rates if you take out a life insurance policy as well.
A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though the math looks like you would end up receiving a 100% discount, companies wouldn’t make money that way.
The information below compares Hyundai Sonata insurance costs with and without discounts. The information is based on a female driver, no violations or accidents, Alaska state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, safe-driver, multi-policy, multi-car, and homeowner discounts applied.
A list of companies and a partial list of their discounts are shown below.
- Progressive includes discounts for good student, homeowner, multi-policy, online signing, online quote discount, continuous coverage, and multi-vehicle.
- MetLife offers discounts for claim-free, multi-policy, defensive driver, good student, and accident-free.
- Mercury Insurance has savings for accident-free, multi-car, location of vehicle, multi-policy, professional/association, and good student.
- Nationwide offers premium reductions for family plan, Farm Bureau membership, business or organization, accident-free, good student, and multi-policy.
- GEICO offers discounts including defensive driver, daytime running lights, driver training, multi-policy, federal employee, anti-lock brakes, and anti-theft.
- AAA may have discounts that include pay-in-full, multi-car, good student, education and occupation, anti-theft, and multi-policy.
Double check with every prospective company the best way to save money. Depending on the company, some discounts may not be offered in Anchorage. If you would like to choose from a list of companies who offer free Hyundai Sonata insurance quotes in Alaska, click here to view.
How much car insurance do I need?
When quoting and choosing insurance from an agent or online for your vehicles, there really is no one-size-fits-all type of policy. You are unique.
For example, these questions may help you determine if you may require specific advice.
- What is medical payments coverage?
- Am I covered while delivering pizza?
- How do I buy GAP insurance?
- Exactly who is provided coverage by my policy?
- Does coverage extend to my business vehicle?
- If my pet gets injured in an accident are they covered?
If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form. It’s fast, free and may give you better protection.
When should I contact an insurance agency?
Some people just prefer to have an agent’s advice and that is a smart decision Professional insurance agents can point out coverage gaps and help submit paperwork. A nice benefit of getting online price quotes is you may find cheap rate quotes and still choose a local agent. Putting coverage with local insurance agencies is definitely important in Anchorage.
To help locate an agent, after submitting this short form, your information is submitted to participating agents in Anchorage that provide free Anchorage car insurance quotes for your coverage. It makes it easy because there is no need to search for any insurance agencies since rate quotes are delivered to you instantly. If you wish to compare prices from a specific car insurance provider, don’t hesitate to visit that company’s website and submit a quote form there.
Car insurance agents in Anchorage come in two varieties
When finding an insurance agent, it can be helpful to understand the types of agencies that you can select. Car insurance agents in Anchorage can be described as either exclusive or independent. Both types can properly insure your vehicles, but it’s worth mentioning the subtle differences because it can influence the selection process.
Independent Agents (or Brokers)
Agents that choose to be independent are not locked into one company so they can quote policies through lots of different companies and get the cheapest rates. If your agent finds better pricing, they simply move the coverage in-house and you don’t have to do anything.
If you are trying to find cheaper rates, we recommend you get rate quotes from at a minimum one independent agency to have the most options to choose from. Most have the option of insuring with mutual insurance companies which could offer lower prices.
The following is a list of independent agents in Anchorage that can possibly get you price quote information.
- Aurora Insurance Services – A Horace Mann Company
4450 Cordova St #120 – Anchorage, AK 99503 – (907) 563-5300 – View Map - Dewar Insurance Agency
205 E Benson Blvd – Anchorage, AK 99503 – (907) 258-8888 – View Map - J C Morris Insurance Services
4011 Arctic Blvd #105 – Anchorage, AK 99503 – (907) 272-2524 – View Map
Exclusive Insurance Agencies
These type of agents are contracted to one company and examples are State Farm, Allstate, and Farm Bureau. These agents are unable to place coverage with different providers so you might not find the best rates. Exclusive agents are very knowledgeable on their products and sales techniques and that enables them to sell even at higher rates. Some insured continue to choose to use an exclusive agent primarily because of the prominence of the brand and solid financial strength.
Listed below is a list of exclusive agents in Anchorage who can help you get rate quotes.
- Amanda Juliussen – State Farm Insurance Agent
5600 Debarr Road Ste 140 – Anchorage, AK 99504 – (907) 333-4131 – View Map - Allstate Insurance: Katrina J. Cain
540 Karluk St – Anchorage, AK 99501 – (907) 274-2886 – View Map - Stacey Roy – State Farm Insurance Agent
9220 Lake Otis Pkwy Ste A6 – Anchorage, AK 99507 – (907) 345-0505 – View Map
Picking a auto insurance agent shouldn’t rely on just a cheap price quote. Here are some questions to ask:
- How often do they review coverages?
- Is working in the agency their full-time job?
- Can glass claims be handled at your home?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- If your car is in the repair shop, do you have coverage for a rental car?
- What insurance company do they write the most business with?
- If you are a high risk driver, do they have special markets for your coverage?
What is the best car insurance company in Alaska?
Insuring your vehicle with the best insurer is difficult considering how many choices drivers have in Anchorage. The rank data in the lists below may help you decide which companies to look at comparing prices from.
Top 10 Anchorage Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- GEICO – 89%
- The Hartford – 89%
- The General – 88%
- 21st Century – 88%
- Allstate – 88%
- Liberty Mutual – 88%
- Esurance – 87%
Top 10 Anchorage Car Insurance Companies by A.M. Best Rank
- USAA – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Allstate – A+
- Progressive – A+
- The Hartford – A+
- The General – A-
- AAA Insurance – A
- Liberty Mutual – A
The best rates come from being thorough
Affordable Hyundai Sonata insurance in Anchorage is possible from both online companies and with local Anchorage insurance agents, so you should compare both in order to have the best chance of saving money. A few companies may not provide online rate quotes and most of the time these smaller companies prefer to sell through independent agencies.
Consumers switch companies for any number of reasons including policy cancellation, extreme rates for teen drivers, high rates after DUI convictions or being labeled a high risk driver. Whatever your reason, choosing a new company is easier than you think.
While you’re price shopping online, do not reduce coverage to reduce premium. In many cases, drivers have reduced full coverage only to find out that the small savings ended up costing them much more. Your objective should be to buy enough coverage at an affordable rate and still be able to protect your assets.
Steps to finding better rates for Hyundai Sonata insurance in Anchorage
The most effective way to find lower priced car insurance rates is to start doing a yearly price comparison from companies who sell insurance in Anchorage. This can be done by following these steps.
- Step 1: Get a basic knowledge of the coverage provided by your policy and the measures you can control to keep rates in check. Many policy risk factors that are responsible for high rates such as distracted driving and a negative credit rating can be improved by making lifestyle changes or driving safer.
- Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agents can quote rates for many different companies. Select a company
- Step 3: Compare the new quotes to your existing policy and determine if cheaper Sonata coverage is available. If you find a lower rate and decide to switch, make sure there is no lapse in coverage.
- Step 4: Notify your company or agent of your intention to cancel your existing policy. Submit a signed application and payment to your new company or agent. Once received, put the proof of insurance certificate with the vehicle registration.
One bit of advice is to compare similar deductibles and liability limits on each price quote and and to get rate quotes from as many car insurance companies as possible. This provides a level playing field and a thorough selection of prices.
To read more, take a look at the following helpful articles:
- Auto Insurance Basics (Insurance Information Institute)
- Who Has Affordable Car Insurance Rates for Drivers Over Age 60 in Anchorage? (FAQ)
- Airbag FAQ (iihs.org)
- Collision Coverage (Liberty Mutual)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Eight Auto Insurance Myths (Insurance Information Institute)