Cheaper 2001 Kia Optima Car Insurance Quotes

Have you had enough of not being able to afford each month for car insurance? You are in the same boat as many other drivers. You have so many insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, too many choices makes it more difficult to find the best rates for your vehicles.

Lower rates by qualifying for discounts

Insurance can be prohibitively expensive, but you can get discounts that many people don’t even know exist. Most are applied when you purchase, but some may not be applied and must be asked about before being credited. If they aren’t giving you every credit available, you are throwing money away.

  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Accident Forgiveness – A handful of insurance companies permit an accident before raising your premiums if you are claim-free for a set time period.
  • Payment Method – If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
  • Save with a New Car – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.

It’s important to understand that most discounts do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comp or med pay. So when the math indicates you could get a free auto insurance policy, auto insurance companies aren’t that generous. But any discount will cut your overall premium however.

Companies that may have these benefits are:

Check with every prospective company which discounts they offer. All car insurance discounts may not be available in your state.

Cheap Insurance Coverage Comparisons

There are a lot of ways to compare insurance coverage quotes, but one way is more efficient than others. You could waste a few hours talking about coverages with insurance agencies in your area, or you can utilize online quoting to get rates in a matter of minutes.

Many popular insurance companies participate in an industry program that enables customers to send in one quote, and at least one company then gives them pricing based on the submitted data. This system prevents you from having to do quote forms to each individual insurance coverage company. To compare 2001 Kia Optima rates now click here to open in new window.

The single downside to pricing coverage this way is you can’t choose which carriers to get pricing from. If you wish to select specific insurance companies for rate comparison, we put together a list of the cheapest insurance coverage companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just make absolute certain that you use identical coverage limits and deductibles for every quote you compare. If you are comparing different values for each quote then you won’t be able to determine the lowest rate for your Kia Optima.

What determines your Kia Optima insurance premium

An important part of buying insurance is that you know some of the elements that play a part in calculating your auto insurance rates. Knowing what influences your rates allows you to make educated decisions that could result in much lower annual insurance costs.

Shown below are a few of the “ingredients” companies use to determine premiums.

  • Teen drivers pay high rates – More mature drivers are more responsible, tend to cause fewer accidents and get fewer tickets. Youthful drivers are known to get distracted easily when driving and because of this, their auto insurance rates are much higher.
  • A clean driving record saves money – Drivers with clean records have lower premiums than bad drivers. Even one citation may increase your cost by as much as thirty percent. If you have serious violations like hit and run, DWI or reckless driving convictions may find they need to file a SR-22 with their state motor vehicle department in order to continue driving.
  • Multi-policy discounts can save money – Most companies will award you with lower prices to customers who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, you may still want to compare other company rates to verify if the discount is saving money. You may still be able to find a better deal by buying insurance from more than one company.
  • Marriage brings a discount – Getting married helps lower the price on your policy. Having a spouse means you’re more mature than a single person it has been statistically shown that married couples file fewer claims.
  • Your auto insurance rates can be influenced by your job – Did you know your auto insurance rates can be affected by your occupation? Careers like real estate brokers, business owners and dentists tend to have the highest average rates because of high stress levels and long work hours. Other jobs such as actors, historians and homemakers receive lower rates on Optima coverage.
  • Increase deductibles and save – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Kia from damage. Some examples of claims that would be covered could be running into the backend of another car, damage caused by hail, or theft. Your deductibles are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The more the insured has to pay upfront, the less your auto insurance will be on Optima coverage.

Car insurance is unique, just like you

When choosing the right insurance coverage, there really is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that can help discover whether you could use an agent’s help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Should I get collision insurance on every vehicle?
  • Is my state a no-fault state?
  • When should I not file a claim?
  • Should I have combined single limit or split liability limits?
  • Do I need PIP coverage since I have good health insurance?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Drivers who switch save $437 a year? Really?

Drivers can’t get away from ads that promise big savings from the likes of Progressive, Geico, Allstate and State Farm. All the ads make an identical promise that you’ll save big after switching your coverage to them.

But how can every company say the same thing?

All companies have a certain “appetite” for the right customer that is profitable for them. A good example of a desirable insured could possibly be between the ages of 30 and 50, has no driving citations, and has excellent credit. A customer who meets those qualifications will get the preferred rates and most likely will pay quite a bit less when switching companies.

Consumers who are not a match for these standards must pay a higher premium which usually ends up with business going elsewhere. The ads state “customers who switch” not “everybody who quotes” save money. That is how insurance companies can advertise the way they do.

This illustrates why drivers must get a wide range of price quotes. You cannot predict which company will have the lowest Kia Optima insurance rates.

Car insurance coverages explained

Learning about specific coverages of your car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Car insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages available from car insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Kia Optima.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like nursing services, dental work, doctor visits, prosthetic devices and EMT expenses. They are utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things such as fire damage, a broken windshield, rock chips in glass and vandalism. The highest amount a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability coverage

Liability coverage provides protection from damage or injury you incur to a person or their property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims like funeral expenses, repair costs for stationary objects, loss of income and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Auto collision coverage

This covers damage to your Optima resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like sustaining damage from a pot hole, colliding with another moving vehicle, backing into a parked car, colliding with a tree and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Get your money’s worth

We just showed you a lot of ways to get a better price on 2001 Kia Optima insurance. The most important thing to understand is the more providers you compare, the better likelihood of reducing your rate. You may be surprised to find that the lowest premiums are with an unexpected company. Regional companies often have lower prices on specific markets than the large multi-state companies such as State Farm, Geico and Nationwide.

Affordable insurance is definitely available on the web and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not offer online price quotes and most of the time these smaller companies sell through independent agents.

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