How to Compare Oakland Hyundai Santa Fe Insurance

A recent survey discovered that nearly 70% of consumers have bought car insurance from the same company for at least four years, and 38% of customers have never even shopped around for cheaper coverage. Most drivers in Oakland could cut their rates by nearly $470 a year just by comparing rates, but they don’t believe the large savings they would see if they switched to a more affordable policy.

Insurance for Hyundai Santa FeThe best way we recommend to get cheaper Hyundai Santa Fe insurance is to regularly compare prices from insurance carriers who sell auto insurance in Oakland. You can compare prices by following these guidelines.

A good piece of advice is that you’ll want to make sure you compare the same liability limits and deductibles on each price quote and and to compare as many different insurance providers as possible. This helps ensure a fair price comparison and plenty of rates choose from.

How to buy Hyundai Santa Fe insurance online

Just remember that comparing more prices will improve the odds of getting more affordable rates.

The car insurance companies shown below provide comparison quotes in California. To buy the best cheap car insurance in Oakland, we recommend you visit two to three different companies in order to find the cheapest rates.

Why you need insurance for your Hyundai vehicle

Even though Oakland Santa Fe insurance rates can get expensive, buying car insurance may not be optional for several reasons.

The benefits of having car insurance are without a doubt worth the cost, especially with large liability claims. But the average American driver is currently overpaying as much as $700 annually so compare rates every year to make sure the price is not too high.

Hyundai Santa Fe insurance charts and tables

The rate information shown next covers detailed analysis of coverage prices for Hyundai Santa Fe models. Having knowledge of how insurance prices are determined can be of help when making smart choices when choosing a car insurance company.

Hyundai Santa Fe Insurance Rates in Oakland, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $208 $454 $500 $30 $150 $1,342 $112
Santa Fe GLS 4WD $238 $454 $500 $30 $150 $1,372 $114
Santa Fe SE 2WD $238 $454 $500 $30 $150 $1,372 $114
Santa Fe Limited 2WD $238 $536 $500 $30 $150 $1,454 $121
Santa Fe SE 4WD $238 $536 $500 $30 $150 $1,454 $121
Santa Fe Limited 4WD $270 $536 $500 $30 $150 $1,486 $124
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Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium amounts do not factor in zip code location which can impact premium rates significantly.

Physical damage deductibles

A question often asked by Oakland drivers is how high should the deductibles for physical damage be. The following tables can help you visualize the cost difference of buying low and high physical damage deductibles. The first data set uses a $100 deductible and the second pricing table uses a $1,000 deductible.

Hyundai Santa Fe insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $332 $686 $442 $26 $132 $1,643 $137
Santa Fe GLS 4WD $380 $686 $442 $26 $132 $1,691 $141
Santa Fe SE 2WD $380 $686 $442 $26 $132 $1,691 $141
Santa Fe Limited 2WD $380 $810 $442 $26 $132 $1,815 $151
Santa Fe SE 4WD $380 $810 $442 $26 $132 $1,815 $151
Santa Fe Limited 4WD $430 $810 $442 $26 $132 $1,865 $155
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Hyundai Santa Fe insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Santa Fe GLS 2WD $184 $362 $442 $26 $132 $1,146 $96
Santa Fe GLS 4WD $210 $362 $442 $26 $132 $1,172 $98
Santa Fe SE 2WD $210 $362 $442 $26 $132 $1,172 $98
Santa Fe Limited 2WD $210 $426 $442 $26 $132 $1,236 $103
Santa Fe SE 4WD $210 $426 $442 $26 $132 $1,236 $103
Santa Fe Limited 4WD $238 $426 $442 $26 $132 $1,264 $105
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Rate quotes do not factor in vehicle location which can revise premium rates substantially.

Based on the data above, we can derive that using a $100 deductible costs an average of $45 more each month or $540 each year than buying the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you average more than 20 months between claims, you would probably save some money if you decide on a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $146
Average monthly premium for $1,000 deductibles (subtract): – $101
Monthly savings from raising deductible: $45
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $45
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

One thing to note is that a higher deductible level means you will have to pay more at claim time. It will be required that you have access to more funds in order to pay the deductible for vehicle repair.

Full coverage versus liability only rates

The chart below shows the difference between Hyundai Santa Fe insurance premiums with full coverage compared to only the California minimum liability coverage. The data is based on no claims or driving violations, $500 deductibles, marital status is single, and no discounts are taken into consideration.

When to drop full coverage

There is no set rule that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is about 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Hyundai Santa Fe settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $5,000 after the deductible is paid. If you are paying more than $500 a year for full coverage, then you might want to consider buying only liability coverage.

There are some situations where eliminating full coverage is not recommended. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not drop full coverage.

Companies offer many discounts on Hyundai Santa Fe insurance in Oakland

Some insurers don’t always list the complete list of policy discounts in a way that’s easy to find, so here is a list both the well known and the harder-to-find discounts that may be available.Save money with discounts

Please keep in mind that most discounts do not apply to the entire cost. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it appears you can get free auto insurance, nobody gets a free ride.

The chart below illustrates the comparison of Hyundai Santa Fe premium costs with and without discounts being applied to the rates. The premiums assume a female driver, no violations or claims, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, safe-driver, marriage, multi-car, and homeowner discounts applied.

If you would like to choose from a list of car insurance companies with the best discounts in Oakland, click here to view.

Comparing quotes from local Oakland insurance agents

A small number of people still like to talk to an insurance agent and that is OK! The best thing about getting free rate quotes online is the fact that you can find lower rates and also buy local. Buying from and supporting local agents is definitely important in Oakland.

Find insurance agent in OaklandTo help locate an agent, after submitting this simple form, your insurance data is transmitted to local insurance agents in Oakland that provide free Oakland auto insurance quotes for your insurance coverage. There is no reason to visit any agencies as quotes are delivered directly to your email. Get lower rates and work with a local agent. If you wish to get a price quote from one company in particular, don’t hesitate to find their quoting web page and complete a quote there.

Choosing the best provider needs to be determined by more than just the quoted price. Here are some questions to ask:

Shop around and save

Cost effective Hyundai Santa Fe insurance can be bought online as well as from independent agents in Oakland, so you need to quote Oakland auto insurance with both to have the best chance of lowering rates. Some insurance companies may not offer online quoting and many times these small insurance companies provide coverage only through independent agents.

As you shop your coverage around, never skimp on coverage in order to save money. There have been many situations where an insured dropped comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

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