Compare 2002 Kia Spectra Insurance Rates

Searching for better auto insurance rates for your Kia Spectra? Locating better insurance prices for a new or used Kia Spectra can turn out to be a lot of work, but you can learn these tips to make it easier. There are both good and bad ways to compare auto insurance rates so you’re going to learn the proper way to get price quotes for a Kia and locate the lowest price either online or from local insurance agents.

The method we recommend to compare policy rates takes advantage of the fact auto insurance companies provide online access to give free rates quotes. To begin a comparison, all you need to do is provide a small amount of information such as driver ages, whether you drive to work or school, whether you are married, and how much education you have. Your details is instantly provided to many of the top insurers and you should receive rate quotes within a short period of time.

Lower rates by qualifying for discounts

Companies don’t always list every discount they offer in a way that’s easy to find, so we break down some of the best known and also the more inconspicuous credits that you can use to lower your rates.

  • Save with a New Car – Putting insurance coverage on a new car can get you a discount because new vehicles are generally safer.
  • Student Driver Training – Have your child successfully complete driver’s ed class in high school.
  • Passive Restraint Discount – Factory options such as air bags may earn rate discounts of more than 20%.
  • Telematics Discount – Drivers who elect to allow data collection to analyze when and where they use their vehicle remotely such as Progressive’s Snapshot may see discounts if they have good driving habits.
  • ABS Brakes – Cars and trucks with ABS braking systems or traction control have fewer accidents and therefore earn up to a 10% discount.
  • Good Student Discount – Getting good grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students up to age 25.
  • Accident Free – Drivers with accident-free driving histories are rewarded with significantly better rates on insurance coverage quote as compared to insureds who have frequent claims or accidents.
  • Senior Citizen Discount – Older drivers can possibly qualify for a discount up to 10% on Spectra coverage.
  • Low Miles Discount – Driving fewer miles may enable drivers to earn slightly better premium rates than normal.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. Most cut specific coverage prices like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business. Any amount of discount will reduce your auto insurance premiums.

Some companies that may include some of the discounts shown above may include but are not limited to:

It’s a good idea to ask each company to apply every possible discount. All car insurance discounts may not be available everywhere.

Why your insurance rates might be higher

An important part of buying insurance is that you know the different types of things that help determine your premiums. When consumers understand what impacts premium levels, this helps enable you to make changes that can help you get cheaper rates.

The itemized list below are a few of the “ingredients” used by insurance companies to determine your prices.

  • Reserve insurance claims for larger damages – Companies give most affordable rates to drivers who file claims infrequently. If you frequently file small claims, you can pretty much guarantee higher rates. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • High physical damage deductibles save money – Comprehensive and collision coverage deductibles are the amount of money the insured will be required to pay before your insurance coverage pays a claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some examples of claims that would be covered are rearending another vehicle, vandalism, and having a roll-over accident. The more of the claim the insured is willing to pay, the lower your rates will be on Spectra coverage.
  • Single drivers may get higher costs – Having a wife or husband actually saves money when buying insurance coverage. Having a spouse is viewed as being more financially stable it has been statistically shown that drivers who are married file infrequent claims.
  • Is insurance cheaper for men or women? – Statistics show that men are more aggressive behind the wheel. However, don’t assume that women are BETTER drivers than men. Males and females tend to get into fender benders in similar percentages, but men have costlier accidents. Not only that, but men also have more aggressive citations like DWI (DUI) or reckless driving. Young males generally have the highest accident percentage so they pay the highest premiums.
  • Where you live is a factor – Having an address in less populated areas may provide you with better prices if you are looking for the lowest rates. Fewer drivers on the road translates into fewer accident claims in addition to lower liability claims City drivers have to deal with congested traffic and longer commutes to work. More time on the road means more chance of being in an accident.
  • Better premiums for uninterrupted coverage – Driving without insurance can get your license suspended and insurance coverage companies will penalize you for letting your insurance lapse for non-payment. Not only will you pay more, not being able to provide proof of insurance might get you fines or a revoked license. You may then be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Don’t skimp on liability insurance – The liability section of your policy provides coverage if ever you are determined to be liable for physical damage or personal injury to other. This coverage provides legal defense coverage which can be incredibly expensive. Liability is cheap when compared to the cost of physical damage coverage, so buy as much as you can afford.
  • Save money with good credit – Having a bad credit history will be a significant factor in your rate calculation. If your credit history is lower than you’d like, you could pay less to insure your 2002 Kia Spectra by improving your rating. Insureds with very high credit ratings tend to file fewer claims and have better driving records than drivers who have poor credit.

Auto insurance is unique, just like you

When it comes to choosing the right insurance coverage, there really is no one size fits all plan. Everyone’s situation is unique.

Here are some questions about coverages that may help you determine whether you would benefit from professional advice.

  • Why am I required to get a high-risk car insurance policy?
  • Is pleasure use cheaper than using my 2002 Kia Spectra to commute?
  • Is extra glass coverage worth it?
  • Do I need rental car coverage?
  • Are split liability limits better than a combined single limit?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Insurance advertising gotchas

Consumers can’t get away from ads for cheaper insurance from the likes of Allstate and Progressive. All the companies tend to make the same promise about how much you will save if you move your insurance policy to them.

It sounds good, but how can they all charge you a lower premium?

Many companies quote their best rates for the type of driver that will add to their bottom line. One example of a preferred risk may need to be between the ages of 30 and 45, has other policies, and has great credit. A customer who fits that profile will probably get the lowest car insurance rates and is almost guaranteed to save a lot if they switch.

People who don’t meet these standards will have to pay a more expensive rate which translates to the customer buying from a different company. If you pay attention, the ads say “customers that switch” not “everyone who quotes” save that kind of money. That’s why insurance companies can confidently lure you into getting a quote. Because of these techniques, you need to compare many company’s prices. It is impossible to predict with any certainty which company will give you the biggest savings.

Detailed coverages of your insurance policy

Understanding the coverages of insurance can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

Collision coverages – Collision insurance pays for damage to your Spectra caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a ditch, colliding with a tree, hitting a mailbox and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Auto liability – This protects you from injuries or damage you cause to other people or property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

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 policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against claims such as court costs, medical expenses, loss of income, pain and suffering and funeral expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive or Other Than Collision – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as rock chips in glass, a tree branch falling on your vehicle, fire damage, a broken windshield and damage from flooding. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for bills for nursing services, EMT expenses and chiropractic care. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

UM/UIM Coverage – This provides protection from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your 2002 Kia Spectra.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Buy Smart and Save

You just learned some good ideas how to lower your 2002 Kia Spectra insurance premium rates. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. You may even discover the best premium rates are with a company that doesn’t do a lot of advertising.

When getting insurance coverage quotes online, do not buy poor coverage just to save money. There are too many instances where consumers will sacrifice full coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy enough coverage at a price you can afford but still have enough coverage for asset protection.

People who switch companies do it for a variety of reasons including poor customer service, not issuing a premium refund, denial of a claim and even being labeled a high risk driver. No matter why you want to switch, finding a new company is pretty simple and you could end up saving a buck or two.

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