Finding the cheapest insurance for a new or used Hyundai Sonata in Oregon can be difficult, but you can follow the following methods to save time. There is a right way and a wrong way to shop for auto insurance and we’ll show you the absolute fastest way to price shop coverage on a Hyundai and locate the cheapest rates.
Choosing the most cost-effective car insurance policy in Portland is really quite easy. If you are insured now or need new coverage, use these cost-cutting techniques to find the best rates without reducing protection. Drivers just need to know the quickest method to find the lowest price online.
Cheaper rates on Hyundai Sonata insurance in Portland with these discounts
Some insurance providers don’t list the entire discount list very well, so the next list breaks down a few of the more well known in addition to some of the lesser obvious discounts that you may qualify for.
- 55 and Retired – Drivers over the age of 55 can get reduced rates.
- No Claims – Portland drivers who stay claim-free pay much less in comparison to policyholders that have many claims.
- Lower Rates for Military – Having an actively deployed family member could trigger a small discount.
- Seat Belts Save – Requiring all passengers to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
- Membership in Organizations – Affiliation with qualifying clubs or civic groups could earn you a nice discount on your next renewal.
- Portland Homeowners Discount – Just being a homeowner can help you save on auto insurance since owning and maintaining a home is proof that your finances are in order.
Discounts reduce rates, but you should keep in mind that some credits don’t apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, it doesn’t quite work that way.
The diagram below shows the comparison of Hyundai Sonata annual premium costs with and without discounts applied to the policy premium. The premiums are based on a female driver, no claims or driving citations, Oregon 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-car, marriage, claim-free, safe-driver, homeowner, and multi-policy discounts applied.
Companies that possibly offer most of the discounts above include:
When comparing rates, check with every prospective company which discounts can lower your rates. A few discounts may not apply to policies everywhere. If you would like to view providers with the best Hyundai Sonata insurance discounts in Portland, follow this link.
The cheapest Portland Hyundai Sonata insurance
Most major insurance companies allow consumers to get prices for coverage on the web. Getting quotes for Hyundai Sonata insurance in Portland doesn’t take a lot of time because you just enter your coverage information into the form. After the form is submitted, the system requests your credit score and driving record and returns a price based on these and other factors.
The ability to get online quotes for Hyundai Sonata insurance in Portland makes it easy to compare insurance prices and it is imperative to have as many quotes as possible if you are searching for a lower rate.
To compare rates using this form now, take a look at the companies shown below. If you have your current policy handy, we recommend you replicate the coverages as shown on your current policy. This helps ensure you are getting comparison quotes for similar insurance coverage.
The companies shown below are our best choices to provide comparison quotes in Portland, OR. To locate cheaper auto insurance in OR, we suggest you visit two to three different companies in order to get a fair rate comparison.
Analysis of Hyundai Sonata rates
The table shown below covers detailed analysis of coverage prices for Hyundai Sonata models. Having a better idea how insurance policy premiums are determined is important for you to make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sonata GLS 4-Dr Sedan | $270 | $572 | $436 | $26 | $130 | $1,434 | $120 |
| Sonata GLS 4-Dr Sedan | $270 | $572 | $436 | $26 | $130 | $1,434 | $120 |
| Sonata GLS 4-Dr Sedan | $270 | $572 | $436 | $26 | $130 | $1,434 | $120 |
| Sonata SE 4-Dr Sedan | $270 | $672 | $436 | $26 | $130 | $1,534 | $128 |
| Sonata SE 4-Dr Sedan | $270 | $672 | $436 | $26 | $130 | $1,534 | $128 |
| Sonata Limited 4-Dr Sedan | $304 | $672 | $436 | $26 | $130 | $1,568 | $131 |
| Sonata Limited 4-Dr Sedan | $304 | $672 | $436 | $26 | $130 | $1,568 | $131 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in specific location information which can raise or lower rates greatly.
Males versus Females
The illustration below shows the difference between Hyundai Sonata premium costs for male and female drivers. The premiums assume no claims, a clean driving record, full coverage, $500 deductibles, drivers are not married, and no other discounts are factored in.
Liability only or full coverage
The example below visualizes the comparison of Hyundai Sonata insurance prices with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The information is based on no claims or violations, $100 deductibles, single status, and no discounts are taken into consideration.
When to drop full coverage
There is no specific rule to eliminate physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Hyundai Sonata replacement cost is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would receive is $4,000 after paying your deductible. If you are paying more than $400 annually for full coverage, then you may want to consider only buying liability coverage.
There are some cases where buying only liability insurance is not a good plan. If you still have a lienholder on your title, you have to carry full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.
Compare rate quotes but buy from a neighborhood Portland auto insurance agent
Some people would prefer to go talk to an agent and often times that is recommended Most agents are highly skilled in risk management and will help you if you have claims. One of the best bonuses of comparing car insurance online is the fact that drivers can get lower rates and still have an agent to talk to.
To make it easy to find an agent, after completing this quick form, your insurance data is immediately sent to insurance agents in Portland that give free quotes for your coverage. It makes it easy because there is no need to even leave your home as quotes are delivered directly to you. If for some reason you want to get a rate quote from one company in particular, you just need to search and find their rate quote page and fill out their quote form.
Choosing an insurance company should depend on more than just a cheap price quote. Before buying a policy in Portland, get answers to these questions.
- Which family members are covered?
- Are you getting all the discounts the company offers?
- Will your rates increase after a single accident?
- Are they properly licensed to sell insurance in Oregon?
- If independent agents, which companies do they recommend?
Insurance agent types
If you are searching for a local agent, you need to know there are two types of insurance agents that you can choose from. Insurance agencies in Portland may be either independent (non-exclusive) or exclusive. Both can write policy coverage, but it’s good to learn why they differ since it could factor into the type of agent you choose.
Exclusive Agencies
Exclusive agents have only one company to place business with and examples are Allstate, Farmers Insurance or State Farm. Exclusive agents are unable to provide other company’s prices so they are skilled at selling on more than just price. Exclusive insurance agents receive extensive training on their products and sales techniques which helps them sell on service rather than price. Drivers often buy from the same agent for years mostly because of loyalty to the company rather than having low rates.
Shown below are exclusive agencies in Portland that can give you rate quotes.
- John Lokting – State Farm Insurance Agent
307 SE 102nd Ave – Portland, OR 97216 – (503) 252-5581 – View Map - Vu Han – State Farm Insurance Agent
322 NE 82nd Ave – Portland, OR 97220 – (503) 252-1114 – View Map - Bill Northfield – State Farm Insurance Agent
5915 SE 43rd Ave – Portland, OR 97206 – (503) 775-8202 – View Map
Independent Insurance Agents
Agents in the independent channel do not write with just one company and that enables them to quote your coverage through many different car insurance companies and help determine which has the cheapest rates. If premiums increase, they can switch companies in-house which requires no work on your part. When comparing rates, it’s a good idea to include rate quotes from at a minimum one independent agency in order to have the best price comparison. Most independent agents also contract with additional companies that you may not be familiar with which may provide better rates.
Listed below is a short list of independent agents in Portland who can help you get price quotes.
- Wix Insurance Agency
8037 SE Stark St – Portland, OR 97215 – (503) 760-6826 – View Map - Fox Insurance Agency
1819 SW 5th Ave – Portland, OR 97201 – (503) 277-2300 – View Map - Chamberlain Insurance
7831 SE Stark St #102 – Portland, OR 97215 – (503) 256-1448 – View Map
Once you have received good answers for all questions you ask and an acceptable price quote, you may have just found an auto insurance agent that is reputable and can adequately provide car insurance. But keep in mind once you purchase a policy you can cancel a policy whenever you want so don’t assume that you’re stuck with any specific agency for a certain time period.
What is the best car insurance company in Portland?
Insuring your vehicle with the highest-rated insurance company is hard considering how many different companies sell coverage in Portland. The rank data in the next section could help you select which auto insurers you want to consider purchasing coverage from.
Top 10 Portland Car Insurance Companies Ranked by Claims Service
- State Farm
- Esurance
- AAA Insurance
- Progressive
- Liberty Mutual
- GEICO
- Allstate
- Titan Insurance
- The Hartford
- Mercury Insurance
Top 10 Portland Car Insurance Companies Overall
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
- Mercury Insurance
Cheap insurance prices are available
People switch companies for many reasons like lack of trust in their agent, not issuing a premium refund, unfair underwriting practices or delays in paying claims. Regardless of your reason, choosing a new insurance company can be easier than you think.
When buying insurance coverage, do not buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped liability coverage limits to discover at claim time that the few dollars in savings costed them thousands. Your aim should be to purchase plenty of coverage at the best price, but don’t skip important coverages to save money.
Low-cost Hyundai Sonata insurance in Portland can be bought on the web and also from your neighborhood Portland agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who may not have online quoting and many times these small insurance companies sell through independent agents.
Steps to finding low-cost rates for Hyundai Sonata insurance in Portland
If your goal is the lowest price, then the best way to get the cheapest Hyundai Sonata insurance in Portland is to start doing an annual price comparison from different companies that insure vehicles in Oregon. Drivers can shop around by completing these steps.
First, try to understand the different coverages in a policy and the things you can change to lower rates. Many factors that result in higher rates like traffic citations, accidents, and a less-than-favorable credit score can be amended by making minor changes in your lifestyle.
Second, compare price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO and Allstate, while independent agencies can provide price quotes for many different companies.
Third, compare the quotes to your current policy to see if you can save by switching companies. If you can save some money, ensure there is no coverage lapse between policies.
Fourth, give notification to your agent or company of your decision to cancel the current policy. Submit any necessary down payment along with the completed application to your new carrier. Immediately upon receiving it, safely store the certificate of insurance in a readily accessible location in your vehicle.
The critical component of shopping around is to try to compare the same deductibles and limits on each quote and and to get price estimates from as many car insurance companies as possible. Doing this enables the most accurate price comparison and the best price quote selection.
For more information, take a look at the resources below:
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Who Has the Cheapest Portland Auto Insurance for a Toyota Corolla? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Side Impact Crash Tests (iihs.org)
- Prom Night Tips for Teen Drivers (State Farm)