2001 Kia Rio Car Insurance Rates

Having to pay for overpriced car insurance can empty your checking account and put a big crunch on your finances. Shopping your coverage around is a smart way to lower your monthly bill.

Multiple insurance companies compete for your business, and because of this it can be hard to compare car insurance companies to discover the definitive lowest rate possible.

It’s a great practice to take a look at other company’s rates periodically because prices trend upward over time. Just because you had the lowest rates on Rio insurance a year ago a different company probably has better rates today. Block out anything you think you know about car insurance because you’re about to learn the only way to lower your rates without sacrificing coverage.

How to Get Insurance Coverage Comparison Quotes

Performing a rate comparison can take time and effort if you don’t understand the most efficient way. You could waste a few hours discussing policy coverages with insurance companies in your area, or you can utilize online quotes to achieve your goal.

Many of the larger companies participate in an industry program where insurance shoppers enter their coverage request one time, and each participating company then gives them pricing for coverage. This saves time by eliminating form submissions to every company.

To find out what other companies charge for 2001 Kia Rio insurance click here to start a free quote.

The single downside to using this type of system is buyers cannot specifically choose the companies you want pricing from. If you wish to select individual companies to compare prices, we have a listing of low cost insurance coverage companies in your area. Click here to view list.

It doesn’t matter which method you choose, just make darn sure you compare the exact same coverages and limits for each price quote. If you are comparing mixed coverages it’s impossible to determine which rate is truly the best. Having just a slight variation in insurance coverages may result in large price differences. It’s important to know that getting more free quotes will enable you to find better pricing.

Do you qualify for a discount?

The cost of insuring your cars can be expensive, but there could be available discounts that you may not even be aware of. Some trigger automatically when you get a quote, but a few need to be specially asked for before you get the savings.

  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts when compared with bad drivers.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills could save 5% or more depending on where you live.
  • Drive Less and Save – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Multiple Policy Discount – If you insure your home and vehicles with the same company you will save approximately 10% to 15%.
  • Paperwork-free – Some insurance companies will discount your bill up to fifty bucks simply for signing on their website.

Drivers should understand that some credits don’t apply to all coverage premiums. The majority will only reduce individual premiums such as liability and collision coverage. Just because it seems like having all the discounts means you get insurance for free, you’re out of luck. Any amount of discount will reduce your premiums.

For a list of insurers who offer insurance coverage discounts, click here.

What coverages do I need?

When buying the right insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions can help discover if your situation will benefit from professional help.

  • Is business equipment covered while in my vehicle?
  • What is the rate difference between pleasure use and commuting?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • How can I force my company to pay a claim?
  • Do I really need UM/UIM coverage?
  • Should I buy only the required minimum liability coverage?
  • Can my teen drive my company car?
  • Which companies will insure high-risk drivers?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Insurance coverage basics

Learning about specific coverages of insurance helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages offered by insurance companies.

Uninsured and underinsured coverage

This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 2001 Kia Rio.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from a tornado or hurricane, hitting a deer, vandalism and a broken windshield. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability

Liability insurance will cover damage or injury you incur to a person or their property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like attorney fees, bail bonds, structural damage, court costs and pain and suffering. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like chiropractic care, doctor visits, EMT expenses and dental work. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Collision protection

This pays for damage to your Rio from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like sustaining damage from a pot hole, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.