View 2002 Kia Optima Insurance Cost

Are you baffled by the sheer number of insurance sources available to you? Lot’s of other drivers are too. People have such a vast assortment of sources available that it can really be a challenge to find the lowest price.

The quickest way to compare insurance rates in your area utilizes the fact most larger insurance companies allow for online access to give you rate quotes. All consumers are required to do is provide details like how old drivers are, how much school you completed, if the vehicle is leased, and how much coverage you want. That information is instantly sent to multiple companies and you receive quotes immediately.

Insurance coverage companies offer money-saving discounts

Insurance coverage is easily one of your largest bills, but there are discounts available to help bring down the price. Certain discounts will be applied when you complete an application, but a few must be manually applied before being credited.

• Military Rewards – Having a deployed family member may qualify for rate reductions.
• Waiver for an Accident – Not a discount per se, but some companies like State Farm, Progressive and Geico will let one accident slide before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
• Government Employee Discount – Simply working for the federal government could provide a small rate reduction for Optima coverage depending on your insurance coverage provider.
• Payment Discounts – If you pay your bill all at once rather than spreading payments over time you may reduce your total bill.
• Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to wear their seat belts may be able to save a few bucks off the PIP or medical payment premium.
• Own a Home – Owning a home can earn you a little savings because maintaining a house requires personal responsibility.
• E-sign Discounts – Many insurance coverage companies will discount your bill up to fifty bucks shop auto insurance on their website.

Remember that many deductions do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as medical payments or collision. So even though you would think having all the discounts means you get insurance for free, nobody gets a free ride.

A list of insurance coverage companies and some of their more popular discounts can be found below.

• Progressive may include discounts for multi-vehicle, good student, multi-policy, homeowner, continuous coverage, and online signing.
• AAA has savings for multi-car, good driver, AAA membership discount, anti-theft, education and occupation, good student, and pay-in-full.
• Farmers Insurance offers discounts for mature driver, business and professional, early shopping, good student, and alternative fuel.
• Geico may offer discounts for five-year accident-free, defensive driver, anti-theft, anti-lock brakes, and seat belt use.
• Esurance has discounts for defensive driver, good driver, claim free, homeowner, online quote, and anti-theft.
• SAFECO offers premium reductions for bundle discounts, multi-car, accident prevention training, teen safe driver, anti-lock brakes, drive less, and teen safety rewards.
• State Farm policyholders can earn discounts including passive restraint, multiple autos, student away at school, defensive driving training, and Drive Safe & Save.

Before buying, ask each insurance company to apply every possible discount. Some discounts listed above may not apply to policyholders in your state. To see insurers that offer the discounts shown above, click this link.

Do I just need basic coverages?

When it comes to buying the right insurance coverage, there really is not a best way to insure your cars. Everyone’s situation is a little different.

For instance, these questions can help discover if your insurance needs would benefit from professional advice.

• Why am I required to buy high-risk coverage?
• Am I covered when driving someone else’s vehicle?
• Does my 2002 Kia Optima need full coverage?
• Am I covered if I wreck a rental car?
• Am I covered if my car is in a flood?
• Who is covered by my policy?
• What is roadside assistance coverage?
• Is my state a no-fault state?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, simply complete this short form.

Educate yourself about insurance coverages

Understanding the coverages of your policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverages – Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a ditch, hitting a parking meter, colliding with a tree, crashing into a building and scraping a guard rail. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Kia Optima.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive insurance – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like theft, fire damage, vandalism, hitting a bird and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability car insurance – This coverage can cover damage that occurs to other people or property that is your fault. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things like structural damage, emergency aid and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP kick in for immediate expenses such as chiropractic care, rehabilitation expenses, EMT expenses, dental work and surgery. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage