Paying for high-priced Kia Optima insurance can take a big chunk out of your personal savings, especially in this economy. Doing a price comparison is free and is an excellent way to help make ends meet.
Popular companies such as State Farm, Geico and Farmers Insurance continually hit you with catchy ads and it is difficult to ignore the flying pigs and cute green geckos and find the best price available.
If you currently have a car insurance policy, you will be able to lower your premiums substantially using this strategy. Choosing the best insurance company for you is not rocket science. But car owners can benefit by having an understanding of how insurance companies sell online and use this information to your advantage.
Shopping for lower insurance rates can be a lot of work if you aren’t aware of the best way to get rate quotes. You can spend countless hours talking to agents in your area, or you could save time and use the internet to accomplish the same thing much quicker.
Most car insurance companies belong to an insurance system that allows shoppers to submit one quote, and each participating company then returns a price quote based on the submitted data. This prevents consumers from doing form submissions for each company.
To get comparison pricing now click to open in new window.
The one downside to using this type of form is that you can’t choose the providers to get quotes from. If you prefer to choose specific providers to compare rates, we have a listing of low cost insurance companies in your area. View list of insurance companies.
Whichever way you use, make sure you use the exact same coverage limits and deductibles with every price quote. If you compare higher or lower deductibles it’s not possible to determine the best price for your Kia Optima. Just a small difference in limits could mean much higher rates. It’s important to know that comparing more company’s prices will improve the odds of getting the best price.
The price of auto insurance can be rather high, but companies offer discounts to reduce the price significantly. Some trigger automatically at the time you complete a quote, but lesser-known reductions have to be asked for prior to receiving the credit.
Drivers should understand that most of the big mark downs will not be given to all coverage premiums. Most only reduce specific coverage prices like liability and collision coverage. Even though it may seem like all those discounts means the company will pay you, it doesn’t quite work that way. Any qualifying discounts will reduce the amount you have to pay.
Insurance companies that may have some of the above discounts include:
Check with each company which discounts they offer. Savings may not be available in your state.
When it comes to buying proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Every situation is different so your insurance should reflect that These are some specific questions might point out if your situation would benefit from professional advice.
If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.
Knowing the specifics of your auto insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages available from auto insurance companies.
Comprehensive auto insurance
This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as damage from getting keyed, fire damage, damage from flooding, a broken windshield and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Kia Optima.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.
Coverage for medical expenses
Coverage for medical payments and/or PIP pay for expenses for things like EMT expenses, hospital visits, pain medications, rehabilitation expenses and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Liability coverage protects you from injuries or damage you cause to other people or property. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.
Liability insurance covers claims such as court costs, medical expenses, structural damage, medical services and loss of income. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.
Collision coverage protection
This coverage pays for damage to your Optima caused by collision with another car or object. You first must pay a deductible 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 crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.