Are you researching more competitive car insurance rates in Chicago, IL? Chicago buyers have lots of choices when searching for affordable Hyundai Genesis insurance. They can either waste time driving around to get rate comparisons or save time using the internet to find the lowest rates.
There are more efficient ways to shop for car insurance so we’re going to tell you the absolute fastest way to get price quotes for your Hyundai and locate the best price possible from both online companies and Chicago agents.
You should make it a habit to compare premium rates before your next renewal because rates change regularly. Just because you had the best premium rates on Hyundai Genesis insurance in Chicago at your last renewal you will most likely find a better price today. Ignore everything you know about car insurance because I’m going to teach you one of the quickest ways to save on car insurance.
If you are insured now or want to find a cheaper company, use these cost-cutting techniques to get lower rates while maximizing coverage. Our goal is to help educate you on how insurance works. Comparison shoppers only need to know the best way to compare prices instantly.
The majority of larger companies such as Progressive, Allstate and GEICO give prices from their websites. Getting quotes for Hyundai Genesis insurance in Chicago doesn’t take a lot of time because you just enter your personal and coverage information on the page. After you submit the form their rating system automatically orders your driving record and credit report and generates pricing information.
This makes it simple to compare prices and it’s absolutely necessary to perform this step if you want to find the most affordable premium possible.
To save time and compare rates using this form now, consider comparing rates from the companies shown below. If you have a policy now, it’s recommended you copy coverages and limits identical to your current policy. This helps ensure you will get a fair comparison using the exact same coverages.
The companies in the list below have been selected to offer price comparisons in Chicago, IL. If several companies are displayed, we suggest you visit two to three different companies to find the most affordable auto insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Genesis 2.0T 2-Dr Coupe | $224 | $530 | $394 | $24 | $118 | $1,290 | $108 |
| Genesis 3.8 4-Dr Sedan | $152 | $246 | $226 | $14 | $68 | $706 | $59 |
| Genesis 2.0T Premium 2-Dr Coupe | $178 | $364 | $368 | $22 | $110 | $1,042 | $87 |
| Genesis 3.8 2-Dr Coupe | $198 | $420 | $424 | $26 | $126 | $1,194 | $100 |
| Genesis 2.0T Track 2-Dr Coupe | $248 | $530 | $394 | $24 | $118 | $1,314 | $110 |
| Genesis 3.8 Grand Touring 2-Dr Coupe | $218 | $474 | $368 | $22 | $110 | $1,192 | $99 |
| Genesis 4.6 4-Dr Sedan | $246 | $452 | $226 | $14 | $68 | $1,006 | $84 |
| Genesis 3.8 Track 2-Dr Coupe | $290 | $522 | $428 | $26 | $128 | $1,394 | $116 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Illinois minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Estimates do not factor in specific garaging location which can increase or decrease price quotes noticeably.
Analysis of deductible levels
The chart below highlights how deductible choice and can raise or lower Hyundai Genesis insurance prices for each different age group. Data assumes a married female driver, comp and collision included, and no other discounts are factored in.
Safe drivers Chicago pay cheaper rates
The chart below illustrates how traffic citations and at-fault claims can affect Hyundai Genesis insurance rates for different age groups. Data assumes a single female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
Hyundai Genesis full coverage rates compared to liability only
The chart below shows the comparison of Hyundai Genesis car insurance costs with and without physical damage coverage. The prices are based on a clean driving record, no at-fault accidents, $250 deductibles, married male driver, and no policy discounts are applied.
Are you wasting money paying for full coverage?
There isn’t a steadfast formula for dropping full coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.
For example, let’s pretend your Hyundai Genesis replacement cost is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $4,000 after paying your deductible. If you are currently paying more than $400 annually for physical damage coverage, then you may need to consider dropping full coverage.
There are a few situations where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not remove full coverage.
You may qualify for discounts for Hyundai Genesis insurance in Chicago
Companies don’t always list all available discounts in an easy-to-find place, so the following list contains a few of the more well known and also the more inconspicuous credits available to you. If you check and find you aren’t receiving every discount available, you may be paying too high a price.
- Military Rewards – Being on active duty in the military may qualify for rate reductions.
- Buy New and Save – Insuring a vehicle that is new may earn a small discount because newer models have to meet stringent safety requirements.
- Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems could see savings of 20% or more.
- Save over 55 – Drivers over the age of 55 could receive a small decrease in premiums.
- Paperwork-free – A few larger online companies will give a small break get Chicago car insurance online.
- Early Switch Discount – A few insurance companies give discounts for signing up before your current coverage expires. It’s a savings of about 10%.
- Seat Belt Discounts – Requiring all passengers to buckle up before driving can save a little off PIP or medical payments premium.
- Responsible Driver Discount – Insureds without accidents can save up to 40% or more on their Chicago car insurance quote than less cautious drivers.
- Professional Organizations – Being in a civic or occupational organization in Chicago could qualify you for a break on your bill.
Policy discounts save money, but some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as liability and collision coverage. So even though they make it sound like it’s possible to get free car insurance, auto insurance companies aren’t that generous.
Some of the larger companies who might offer most of the discounts above possibly include:
When getting a coverage quote, ask all the companies which discounts they offer. A few discounts may not be offered in your area. To choose insurers that offer some of these discounts in Illinois, click here to view.
Car insurance is not optional in Illinois
Even though it can be expensive, car insurance serves several important purposes.
First, the majority of states have compulsory liability insurance requirements which means state laws require a specific minimum amount of liability protection in order to license the vehicle. In Illinois these limits are 20/40/15 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you have a lien on your vehicle, more than likely the lender will stipulate that you buy insurance to guarantee loan repayment. If you let the policy lapse, the bank may insure your Hyundai for a much higher rate and require you to pay the higher premium.
Third, insurance protects both your assets and your Hyundai Genesis. It will also cover many types of medical costs that are the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of insuring your Genesis definitely exceed the price paid, especially for larger claims. The average driver in America is overpaying over $865 each year so we recommend shopping around at every renewal to ensure rates are competitive.
Car insurance agents are professional risk managers
A lot of people would prefer to visit with an insurance agent and that can be a great decision Licensed agents can help you choose the best coverages and help you file claims. One of the benefits of price shopping on the web is you can get better rates but still work with a licensed agent. And providing support for local agents is important particularly in Chicago.
Upon completion of this form (opens in new window), your insurance coverage information is sent to local insurance agents that provide free Chicago car insurance quotes and help you find cheaper coverage. It’s much easier because you don’t need to find an agent on your own due to the fact that quote results will go to you instantly. In the event you want to get a comparison quote from a particular provider, don’t hesitate to search and find their rate quote page and give them your coverage information.
Types of car insurance agents in Chicago
When searching for a reputable insurance agent or broker, it’s helpful to know the different types of agencies and how they can write your policy. Auto insurance agencies can be categorized as either exclusive or independent agents depending on their company appointments. Both sell auto insurance policies, but it’s important to know how they are different because it can factor into buying decisions.
Independent Auto Insurance Agents
These type of agents often have many company appointments so they can write business through lots of different companies and get you the best rates possible. If they quote lower rates, your agent can switch companies and you won’t have to switch agencies. When comparing rate quotes, you definitely need to get quotes from several independent agencies to get the best comparison. Most can insure with smaller companies that can offer cheaper rates than bigger companies.
Listed below is a short list of independent agencies in Chicago that can give you free auto insurance quotes.
- ABI Insurance Agency
4806 N Milwaukee Ave – Chicago, IL 60630 – (773) 202-9666 – View Map - Eagle Insurance Agency
3517 N Spaulding Ave – Chicago, IL 60618 – (773) 463-7576 – View Map - AArdvark Insurance Agency
1228 W Wilson Ave – Chicago, IL 60640 – (773) 961-8781 – View Map
Exclusive Agents
Exclusive agencies can only quote rates from one company like American Family, State Farm, and Allstate. They usually cannot compare rates from other companies so always compare other rates. They are very knowledgeable on their company’s products which helps them sell insurance even at higher premiums. Consumers often buy from exclusive agents mainly due to the brand legacy and the convenience of having all coverages with one company.
The following is a short list of exclusive agencies in Chicago who can help you get price quotes.
- Allstate Insurance: Maribel Marron
3060 W Armitage Ave – Chicago, IL 60647 – (773) 572-9495 – View Map - Jim Tom – State Farm Insurance Agent
4317 N Lincoln Ave – Chicago, IL 60618 – (773) 477-3300 – View Map - Bill Dillard – State Farm Insurance Agent
516 W Diversey Pkwy – Chicago, IL 60614 – (773) 549-2605 – View Map
Choosing the best insurance agent requires more thought than just a low price. You should also get answers to these questions.
- In the event of vehicle damage, can you pick the collision repair facility?
- Do they have designations such as AIC, CPCU, or CIC?
- Does the agency support the community they serve?
- Does the agency have a positive business rating?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Do you have coverage for a rental car if your vehicle is in the repair shop?