2005 Kia Spectra Insurance Quotes

Looking for the cheapest insurance coverage rates for your Kia Spectra? Are you sick and tired of trying to scrape together enough money each month for car insurance? You are in the same boat as many other drivers. Lots of insurers contend for your business, and it can be difficult to compare rates and get the best coverage at the best price available.

It’s important to compare prices once or twice a year since insurance rates are variable and change quite frequently. If you had the lowest rates for Spectra coverage six months ago you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because we’re going to demonstrate one of the best ways to properly buy coverages while reducing your premium.

Auto Insurance Quote Comparison

Cutting your auto insurance rates is not rocket science. You just need to invest a little time to compare rate quotes online with multiple companies. This can be accomplished in a couple of different ways.

The easiest and least time consuming way to get the best comparison quotes would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for a different quote for each company you want a rate for. In just a few minutes this one form will get you price quotes from all major companies.

A harder way to compare rate quotes is spending the time to visit the website of each company and fill out their own quote form. For examples sake, we’ll assume you want to compare rates from Liberty Mutual, State Farm and GEICO. To get each rate you have to go to every website and enter your policy data, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

The least recommended method to compare rates is to spend your day driving to different agent offices. Shopping for auto insurance online can eliminate the need for a local agent unless you want the trained guidance that only a license agent can provide. You can, however, get prices online but still have the advice of a local agent and we’ll touch on that later.

Whichever way you use, compare the exact same coverages on every quote you get. If you enter differing limits you will not be able to make a fair comparison for your Kia Spectra.

Insurance coverage myths debunked

Consumers can’t ignore all the ads for car insurance savings from the likes of Progressive, Allstate and GEICO. All the ads have a common claim of big savings after switching your coverage to them.

But how can every company claim to save you money? It’s all in the numbers.

Insurance companies have a certain “appetite” for the right customer that earns them a profit. An example of a driver they prefer could be over the age of 50, has no prior claims, and chooses high deductibles. A propective insured who fits that profile will get the preferred rates and therefore will save when switching.

Potential insureds who don’t measure up to the “perfect” profile will be charged a higher premium and ends up with the customer not buying. The ads say “drivers who switch” not “people who quote” save that much money. That’s why companies can state the savings.

That is why drivers should get a wide range of price quotes. It’s just too difficult to predict which insurance coverage company will provide you with the cheapest Kia Spectra insurance rates.

Discounts can save BIG

The price of auto insurance can be rather high, but companies offer discounts that you may not know about. Certain discounts will be applied when you quote, but a few must be manually applied prior to receiving the credit. If you don’t get every credit possible, you are throwing money away.

  • Use Seat Belts – Drivers who require all occupants to wear their seat belts can save up to 15% off your PIP or medical payments premium.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class in school.
  • Life Insurance – Larger companies have lower rates if you buy life insurance.
  • Employee of Federal Government – Employees or retirees of the government may qualify you for a discount for Spectra coverage with certain companies.
  • No Accidents – Claim-free drivers pay much less as compared to drivers who are more careless.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • Multiple Policy Discount – When you have multiple policies with one company you could get a discount of at least 10% off all policies.
  • Theft Prevention System – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.

Drivers should understand that many deductions do not apply the the whole policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. So when it seems like you could get a free insurance policy, it just doesn’t work that way. But all discounts will bring down the cost of coverage.

To see a list of companies with the best insurance discounts, click here.

Will just any policy work for me?

When it comes to buying proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. These are some specific questions might point out if your insurance needs could use an agent’s help.

  • Should I carry comprehensive and collision coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • Should I have combined single limit or split liability limits?
  • When should I remove comp and collision on my 2005 Kia Spectra?
  • Is upholstery damage covered by car insurance?
  • If I drive on a suspended license am I covered?
  • Which companies will insure high-risk drivers?
  • Do I need medical payments coverage since I have good health insurance?
  • Will I lose any money if I cancel my policy before it expires?

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, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Auto insurance policy coverages for a 2005 Kia Spectra

Having a good grasp of your auto insurance policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types found on the average auto insurance policy.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for hospital visits, chiropractic care, surgery, nursing services and X-ray expenses. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability insurance

This coverage provides protection from damage that occurs to people or other property in an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like bail bonds, medical services, loss of income and attorney fees. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

Collision coverage

This coverage will pay to fix damage to your Spectra resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as sideswiping another vehicle, crashing into a ditch and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

This coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like falling objects, damage from flooding and damage from getting keyed. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Smart shoppers get results

You just learned a lot of tips how to shop for 2005 Kia Spectra insurance online. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. Consumers could even find that the most savings is with an unexpected company. Some small companies can often insure niche markets at a lower cost than their larger competitors like Progressive or GEICO.

As you go through the steps to switch your coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many cases where someone dropped physical damage coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

More detailed auto insurance information can be read at these sites: