2002 Kia Rio Insurance Cost – 7 Savings Tips

I can’t think of anyone who looks forward to buying insurance, especially when it costs too dang much.

Companies like State Farm, Geico and Farmers Insurance continually hit you with advertising and it can be hard to see through the cute green geckos and mayhem and find the best price available.

It is always a good idea to compare rates yearly because rates change regularly. If you had the lowest premium rates on Rio insurance a year ago you will most likely find a better price today. You can find a lot of information about insurance on the internet, but I’m going to show you some of the best ways to lower your insurance rates.

How to find the cheapest insurance

Most major insurance companies such as State Farm, Geico and Progressive allow consumers to get pricing from their websites. Getting online quotes is quite simple as you just type in your personal and coverage information into the quote form. After you submit the form their system gets reports for credit and driving violations and gives you a price quote determined by many factors. Quoting online simplifies rate comparisons, but the process of having to visit different websites and fill out multiple forms is a big time waster. But it is imperative to perform this step if you want to find the lowest possible prices on insurance.

There is an easier way to compare rates

The smarter way to find better insurance pricing requires only one form that gets prices from several companies at one time. It saves time, eliminates repetitive work, and makes rate comparisons much more enjoyable and efficient. After sending your information, it is quoted and you can choose your choice of the quotes returned. If one or more price quotes are lower than your current rates, you can simply submit the application and purchase coverage. This process can be completed in a matter of minutes and you will find out if you’re overpaying now.

In order to use this form to compare rates, simply click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you complete the form with deductibles and limits identical to your current policy. Doing this guarantees you will have a fair comparison based on similar coverages.

Auto insurance quotes and discounts

Some companies do not list all their discounts in an easy-to-find place, so the following is a list of some of the best known as well as the least known ways to save on auto insurance.

  • No Claim Discounts – Claim-free drivers pay less compared to drivers who are more careless.
  • Multi-policy Discount – If you can combine your home and auto policy and insure them both with the same insurance company you will save nearly 15% which can help you find affordable insurance coverage.
  • College Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home and do not take a car to college can receive lower rates.
  • Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up can save a little off the personal injury premium cost.
  • Employee of Federal Government – Active or retired federal employment may qualify for a discount when you quote insurance coverage on Rio insurance depending on your auto insurance provider.
  • Membership in Organizations – Being in specific professional or occupational memberships or organizations could trigger savings on your policy.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of 25 to 30%.

It’s important to note that most credits do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. So even though you would think you could get a free auto insurance policy, insurance companies wouldn’t stay in business.

The best auto insurance companies and a selection of discounts are outlined below.

  • Travelers policyholders can earn discounts including save driver, driver training, payment discounts, multi-car, early quote, and multi-policy.
  • 21st Century offers discounts including theft prevention, driver training, good student, homeowners, teen driver, and defensive driver.
  • State Farm may include discounts for accident-free, defensive driving training, safe vehicle, student away at school, multiple autos, anti-theft, and Steer Clear safe driver discount.
  • Geico has discounts for air bags, driver training, multi-policy, military active duty, daytime running lights, and anti-theft.
  • SAFECO discounts include multi-car, homeowner, teen safe driver, anti-theft, safe driver, bundle discounts, and anti-lock brakes.
  • AAA offers premium reductions for education and occupation, good driver, AAA membership discount, pay-in-full, and good student.

If you want affordable insurance coverage quotes, ask every company which discounts can lower your rates. Depending on the company, some discounts may not apply everywhere. If you would like to view insurers who offer free auto insurance quotes, click this link.

Situations that may require an agent’s advice

When it comes to buying adequate coverage, there is no perfect coverage plan. Every situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover whether or not you will benefit from professional help.

  • How can I get my company to pay me more for my totalled car?
  • Am I covered if I crash into my own garage door?
  • Should I rate my 2002 Kia Rio as pleasure use or commute?
  • Should I get collision insurance on every vehicle?
  • Do I get a pro-rated refund if I cancel my policy early?
  • How high should my uninsured/underinsured coverage be in my state?
  • At what point should I drop full coverage?
  • What happens if I owe more than my 2002 Kia Rio is worth?
  • Should I waive the damage coverage when renting a car?
  • Will my insurance pay for OEM parts?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Coverage specifics

Knowing the specifics of car insurance can be of help when determining the right coverages and proper limits and deductibles. Car insurance terms can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverages available from car insurance companies.

Comprehensive protection

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, hail damage, falling objects and a broken windshield. The maximum amount a car 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 consider removing comprehensive coverage.

Medical expense coverage

Med pay and PIP coverage provide coverage for expenses for surgery, funeral costs and rehabilitation expenses. They are often used in conjunction with a health insurance plan or if you do not have health coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your 2002 Kia Rio.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important.

Collision protection

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a building, scraping a guard rail and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Auto liability

This coverage will cover damage that occurs to other people or property. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as court costs, pain and suffering, repair bills for other people’s vehicles, attorney fees and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Be a smart shopper

We just presented some good ideas how to save on 2002 Kia Rio insurance. The key thing to remember is the more quotes you get, the higher the chance of saving money. Drivers may discover the lowest car insurance rates are with the least-expected company. Regional companies may often insure only within specific states and give getter rates compared to the large companies like State Farm or Progressive.

Some insurance companies do not provide rate quotes online and many times these regional carriers sell through independent agents. Lower-priced insurance can be sourced from both online companies and from local agencies, and you should compare price quotes from both in order to have the best price selection to choose from.

Additional information can be read at these links: