How Much Does 2017 Kia Optima Car Insurance Cost?

Trying to find the cheapest auto insurance rates for your Kia Optima? Searching for the cheapest insurance for a Kia Optima can be an all-consuming task, but you can follow our auto insurance buying tips to save time.

There is a right way and a wrong way to find auto insurance online so we’re going to tell you the best way to price shop coverage for your Kia and obtain the best price possible.

You need to shop coverage around periodically since rates go up and down regularly. Even if you got the best rate on Optima insurance a year ago you can probably find a lower rate today. Block out anything you think you know about auto insurance because you’re going to get a crash course in the proper way to lower your annual insurance bill.

Shopping for the lowest cost auto insurance can be fairly easy. If you are insured now or are shopping for new coverage, you can use these techniques to get lower rates and possibly find even better coverage. Drivers just need to understand the most effective way to get comparison quotes online.

Discounts to earn affordable insurance rates

Companies that sell car insurance do not list every discount in an easy-to-find place, so we took the time to find both the well known and the more hidden insurance savings.

  • Distant Student – Children living away from home attending college without a vehicle on campus could qualify for this discount.
  • Telematics Data – Insureds that choose to allow their company to track driving patterns by using a telematics device like Allstate’s Drivewise could possibly reduce rates as long as the data is positive.
  • New Car Discount – Insuring a vehicle that is new is cheaper since newer vehicles are generally safer.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying in monthly installments you can actually save on your bill.
  • Homeowners Pay Less – Just owning your own home can earn you a little savings because maintaining a house shows financial diligence.
  • Discounts for Multiple Vehicles – Buying insurance for multiple vehicles on a single policy could earn a price break for each car.
  • Drivers Ed for Students – Have your child participate in a local driver’s education class in school or through a local driver safety program.
  • Paper-free Discount – Certain insurance companies will provide an incentive simply for signing on your computer.
  • Save over 55 – If you’re over the age of 55, you may be able to get lower premium rates on Optima insurance.

Keep in mind that most credits do not apply to your bottom line cost. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though the math looks like you would end up receiving a 100% discount, that’s just not realistic.

Companies that may include most of these discounts include:

When comparing rates, check with each insurance company which discounts you qualify for. Some credits may not apply to policyholders everywhere. To see a list of providers that offer many of these discounts, click here.

The quickest way to get policy rate comparisons is to know the fact all the major auto insurance companies pay for the opportunity to provide you with a free rate quote. To begin a comparison, all you need to do is take a few minutes to give details such as types of safety features, if the vehicle is leased, distance driven, and coverage limits. Your information is instantly provided to multiple companies and they provide comparison quotes immediately.

Why you might pay increased rates

Consumers need to have an understanding of the different types of things that are used to determine your car insurance rates. If you understand what determines premiums, this enables informed choices that may reward you with lower car insurance prices. Many different elements are considered when you get a price on insurance. A few of the factors are predictable such as your driving history, but others are more obscure like where you live or how financially stable you are.

The itemized list below are a few of the things used by insurance companies to determine premiums.

  • Cautious drivers pay the best prices – Only having one driving citation could increase your next policy renewal twenty percent or more. Careful drivers tend to pay less for car insurance compared to drivers with tickets. Drivers who get careless citations like DUI or reckless driving are required to prove financial responsibility to the state department of motor vehicles in order to continue driving.
  • Only buy what you need – Policies have additional coverages you can purchase when buying car insurance. Things like coverage for rental cars, accidental death, and term life insurance are probably not needed. These may sound like a good investment at first, but now you might not need them so consider taking them off your policy.
  • Cheaper prices using alarm systems – Driving a car with a theft deterrent system can save you some money. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
  • Rates also based on gender – Statistics demonstrate that females tend to be a little less risky than males. Now that doesn’t mean males are worse at driving than females. Women and men get in fender benders in similar percentages, but males have costlier accidents. Not only are claims higher, but men get ticketed for serious violations like DWI (DUI) or reckless driving.
  • Rates can drop if you have more than one policy – Many car insurance companies provide discounts to clients who have multiple policies with them in the form of a multi-policy discount. Even with this discount applied, it’s always a smart idea to check prices from other companies to help ensure you have the lowest rates.
  • Age of drivers impacts rates – Teenage drivers have a tendency to get distracted easily when at the wheel of a vehicle and because of this, their car insurance rates are much higher. More mature drivers are more cautious drivers, cause fewer claims and accidents and tend to be get fewer driving tickets.
  • Don’t cancel your car insurance without a new one in place – Having a gap between insurance policy dates can be a fast way to increase your rates. In addition to paying higher premiums, failure to provide proof of insurance could result in a hefty fine and possibly a revoked license. You may need to prove you have insurance by filing a SR-22 with your state DMV.

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s needs are different.

For example, these questions might help in determining if your situation may require specific advice.

  • Should I put collision coverage on all my vehicles?
  • Does my policy cover me when driving someone else’s vehicle?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need special endorsements for business use of my vehicle?
  • What is roadside assistance coverage?
  • Should I buy additional glass protection?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does my personal policy cover me when driving out-of-state?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, complete this form. It’s fast, free and can help protect your family.

Advertising myths

Consumers get pounded daily by advertisements for car insurance savings from the likes of State Farm, Allstate and Geico. They all tend to make the same promise about saving some big amount after switching your coverage to them.

Is it even possible that every company can lower your auto insurance rates? This is how they do it.

All the different companies have underwriting criteria for the type of driver that will most likely be profitable. One example of this type of insured could be between the ages of 30 and 50, has a clear driving record, and drives newer vehicles. A customer getting a price quote that meets those criteria will probably get the lowest rates and will save a lot if they switch.

Insureds who do not match these criteria will probably have to pay a higher rate which translates to business not being written. Company advertisements say “customers who switch” not “everyone that quotes” save money. This is how companies can state the savings.

Because of the profiling, you should get insurance coverage quotes as often as possible. Because without a comparison, you cannot know which insurance companies will give you the biggest savings.

Detailed coverages of your auto insurance policy

Learning about specific coverages of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Kia Optima.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, hail damage, hitting a bird, a tree branch falling on your vehicle and damage from flooding. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage covers damage to your Optima caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a building, driving through your garage door and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability

This will cover injuries or damage you cause to a person or their property. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things such as court costs, legal defense fees, emergency aid and pain and suffering. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Medical expense coverage

Med pay and PIP coverage provide coverage for immediate expenses for surgery, pain medications, X-ray expenses and dental work. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Affordable insurance is out there

We’ve covered many ideas to reduce 2017 Kia Optima insurance premium rates online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding the cheapest insurance coverage. Consumers may even find the lowest premium rates are with a lesser-known regional company.

As you restructure your insurance plan, don’t be tempted to skimp on coverage in order to save money. Too many times, someone sacrificed liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. Your goal is to get the best coverage possible for the lowest cost, but don’t skip important coverages to save money.

Drivers switch companies for any number of reasons including being labeled a high risk driver, poor customer service, policy non-renewal and even high prices. Regardless of your reason, switching companies is easier than you think.

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