Save on 2007 Kia Spectra Car Insurance Cost

Insurance shopping is not a procedure consumers love to do, but regardless it’s required when you drive.

Smart consumers take time to compare rates periodically since rates change quite often. Even if you think you had the lowest rates for Spectra insurance six months ago other companies may now be cheaper. Starting now, forget anything you know (or think you know) about auto insurance because you’re about to learn the best way to find lower rates on auto insurance.

This article will instruct you on how to get online quotes and some tricks to saving. If you have car insurance now, you should be able to lower your premiums substantially using these techniques. But drivers need to learn the methods companies use to sell online and take advantage of how the system works.

These factors can influence what you pay for Kia Spectra insurance

Smart consumers have a good feel for the factors that come into play when calculating the price you pay for insurance coverage. Knowing what controls the rates you pay allows you to make educated decisions that may reward you with much lower annual insurance costs.

The list below includes some of the factors companies use to determine rates.

  • Bump up deductibles to save – Physical damage coverage, also known as collision and other-than-collision, protects your Kia from damage. Examples of covered claims would be collision with another vehicle, vandalism, and rolling your vehicle. The deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The higher the amount you’re willing to pay, the lower your rates will be for Spectra insurance.
  • Discounts for multiple policies – Some insurance companies will give a discount to insureds who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare other company rates to verify if the discount is saving money.
  • Cautious drivers pay less – Good drivers receive lower rates than their less careful counterparts. Even a single ticket can increase rates twenty percent or more. If you have dangerous violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form to the state department of motor vehicles in order to prevent a license revocation.
  • More miles equals more premium – The more you drive each year the higher your rate. The majority of insurers apply a rate based on how the vehicle is used. Cars and trucks left parked in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Make sure your insurance coverage policy is showing the correct driver usage. If your policy improperly rates your Spectra may be costing you.
  • Never let your coverage lapse – Allowing your coverage to lapse will be a quick way to pay more for insurance coverage. Not only will you pay more, but not being able to provide proof of insurance may earn you a license revocation or jail time.You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.

How to Compare Insurance Coverage

There are a lot of ways to shop for insurance coverage, and some are more efficient than others. You can waste hours driving to insurance agencies in your area, or you could save time and use the web to get rates in a matter of minutes.

Most car insurance companies belong to an insurance system that allows shoppers to enter their coverage request one time, and every company returns a rated price determined by their information. This eliminates the need for form submissions to each company. To compare 2007 Kia Spectra rates using this form now click to open in new window.

The only drawback to comparing rates this way is you cannot specify the insurers to get pricing from. So if you want to choose specific insurance companies to receive pricing from, we have a page of companies who write insurance coverage in your area. Click here to view list.

It’s your choice how you get your quotes, but double check that you are using the exact same deductibles and coverage limits for every quote you compare. If you are comparing differing limits you will not be able to truly determine the lowest rate. Having just a slight variation in coverage limits may cause a big price difference. And when comparison shopping, having more price comparisons will improve the odds of getting the best offered rates.

Can switching companies really save?

Auto insurance providers like Progressive, Geico, Allstate and State Farm continually stream television and radio advertisements. They all say the same thing about savings after switching your policy. How does each company make almost identical claims? This is how they do it.

Different companies have a preferred profile for the right customer that makes them money. For example, a profitable customer could possibly be over the age of 50, has no tickets, and drives less than 7,500 miles a year. Any driver who matches those parameters will get very good rates and is almost guaranteed to save when they switch companies.

Consumers who are not a match for these standards will have to pay a more expensive rate and this can result in the driver buying from a lower-cost company. The ad wording is “drivers who switch” but not “drivers who get quotes” save money. That is how companies can advertise the way they do.

Because of the profiling, you should get a wide range of price quotes. It’s just too difficult to predict which company will provide you with the cheapest Kia Spectra insurance rates.

How much can you save with discounts?

Properly insuring your vehicles can get expensive, but there are discounts available that you may not even be aware of. Some trigger automatically when you complete an application, but a few need to be inquired about before you will receive the discount.

  • Good Student – A discount for being a good student can earn a discount of 20% or more. The discount lasts until age 25.
  • Life Insurance Discount – Larger companies have a discount if you purchase life insurance.
  • Fewer Miles Equal More Savings – Low mileage vehicles could qualify for better rates on cars that stay parked.
  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Driver’s Ed – Require your teen driver to complete a driver education course if it’s offered in school.
  • Clubs and Organizations – Being a member of a civic or occupational organization could trigger savings on your policy for Spectra insurance.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
  • Seat Belt Usage – Drivers who require all occupants to buckle their seat belts could save 15% on the medical payments or PIP coverage costs.

It’s important to note that most discount credits are not given to the entire cost. Some only apply to the cost of specific coverages such as comp or med pay. So even though it sounds like all those discounts means the company will pay you, you’re out of luck. But all discounts will cut the cost of coverage.

Companies who might offer these benefits are:

Before buying, ask each company how you can save money. Some discounts might not be offered in your area.

How much car insurance do I need?

When it comes to choosing adequate coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might help in determining whether or not you may require specific advice.

  • Does coverage extend to my business vehicle?
  • Are my friends covered when driving my 2007 Kia Spectra?
  • Should I have a commercial auto policy?
  • When would I need additional glass coverage?
  • Can I afford low physical damage deductibles?
  • Does my 2007 Kia Spectra need full coverage?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance coverages

Having a good grasp of your policy can help you determine the right coverages for your vehicles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Liability coverages – Liability insurance can cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see a combined limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as bail bonds, pain and suffering, medical services and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured or underinsured coverage – This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Kia Spectra.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages do not exceed the liability coverage limits.

Comprehensive protection – Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like theft, falling objects and hitting a deer. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for surgery, X-ray expenses, rehabilitation expenses, pain medications and ambulance fees. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision – Collision insurance will pay to fix damage to your Spectra from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as backing into a parked car, colliding with another moving vehicle, hitting a mailbox, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

More effort can pay off

We just presented quite a bit of information on how to reduce 2007 Kia Spectra insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even discover the most savings is with some of the smallest insurance companies.

Drivers change insurance companies for a variety of reasons including lack of trust in their agent, policy cancellation, an unsatisfactory settlement offer or even questionable increases in premium. It doesn’t matter what your reason, finding a great new company is not as difficult as it may seem.

Cheap insurance is available on the web in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.

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