Cheaper 2003 Kia Rio Car Insurance Quotes

Trying to find lower insurance rates for your Kia Rio? Do you get frustrated by the number of insurance choices? You have so many options that it is a real hassle to find the best rates.

You should take the time to get comparison quotes as often as possible because insurance prices are constantly changing. Just because you had the best deal for Rio insurance a few years ago you can probably find a better rate now. Forget all the misinformation about insurance because you’re about to find out the things you must know in order to lower your rates without sacrificing coverage.

If you have car insurance now, you will most likely be able to reduce your rates substantially using these techniques. This article will help you learn how to effectively get price quotes and some tips to save money. But car owners need to learn the way insurance companies determine prices and apply this information to your search.

How car insurance companies determine Kia Rio insurance costs

Multiple criteria are used in the calculation when you get your auto insurance bill. Some factors are common sense such as traffic violations, although some other factors are more obscure such as your credit history or your financial responsibility.One of the most helpful ways to save on auto insurance is to to have a grasp of some of the things that help calculate the rates you pay for auto insurance. If you have a feel for what impacts premium levels, this empowers consumers to make smart changes that may result in cheaper rates.

The items below are some of the most rate-impacting factors used by companies to determine rates.

  • More mileage equals more premium – The more you drive in a year the higher your rate. Almost all companies calculate prices based upon how you use the vehicle. Vehicles used primarily for pleasure use can get a lower rate than vehicles that have high annual mileage. Having the wrong rating on your Rio can result in significantly higher rates. It’s a smart idea to ensure your auto insurance coverage shows the correct usage, because it can save money.
  • Liability – Liability coverage is the protection if ever you are found to be at fault for an accident. Liability provides legal defense which can cost a lot. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Cheaper rates by consolidating – Lots of companies apply discounts to people that purchase more than one policy in the form of a multi-policy discount. The discount can add up to ten or even fifteen percent. Even though this discount sounds good, it’s still a good idea to get quotes from other companies to verify if the discount is saving money.
  • Safer occupants lowers prices – Safe vehicles cost less to insure. Safer cars have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and thus lower rates.
  • High credit saves on auto insurance – Having a bad credit rating is a large factor in determining what you pay for auto insurance. If your credit rating can be improved, you could potentially save money when insuring your 2003 Kia Rio by repairing your credit. Insureds with good credit tend to be more responsible and file fewer claims than drivers who have bad credit.
  • Rates also based on gender – Statistics have proven women are more cautious behind the wheel. Now that doesn’t mean men are WORSE drivers than women. Men and women get in at-fault accidents in similar numbers, but the males get into accidents with more damage. They also get more serious tickets like reckless driving and DUI. Young men ages 16 to 20 cause the most accidents and thus pay the highest rates.
  • An active claims history can cost you – Insurance companies award lower rates to drivers who file claims infrequently. If you file claims often, you can definitely plan on much higher rates or policy non-renewal. Auto insurance is intended for claims that you cannot pay yourself.

How much is insurance?

There are a variety of methods you can shop for insurance but there is one way that is less labor-intensive and much quicker. You could spend your day talking about coverages with insurance agencies in your area, or you can stay home and use online quotes to achieve your goal.

Many popular insurance companies are enrolled in a marketplace where insurance shoppers complete one form, and every company then returns a price quote. This prevents consumers from doing quote requests for each company you want a rate for.

To find out how much you’re overpaying now click here to start a free quote.

The only downside to doing it this way is you are unable to specify the insurers you want pricing from. So if you want to select individual companies to compare, we have a listing of the cheapest insurance companies in your area. Click here to view list.

It’s your choice how you get your quotes, but make darn sure you compare identical information for each quote you get. If you use unequal deductibles or liability limits it will be very difficult to decipher which rate is best. Just slight variations in insurance coverages may result in large price differences. Keep in mind that comparing more quotes increases your odds of finding a better price. Not every company provides rate quotes online, so you should also compare prices from the smaller companies as well.

Insurance coverage buyers beware

Well-known insurance coverage companies like Progressive, Allstate and Geico endlessly run ads in print and on television. They all make the same claim about savings if you move your policy. That’s great but how can every company make the same claim? Here is how they do it.

Many companies are able to cherry pick for a prospective insured that will add to their bottom line. One example of this type of risk profile could be between the ages of 30 and 45, has had continuous coverage, and drives newer vehicles. Any person that hits that “sweet spot” will qualify for the lowest premium rates and will also save money with a new company.

Insureds who cannot meet the “perfect” profile will have to pay a higher rate which results in the customer buying from someone else. The ad wording is “drivers who switch” but not “everyone who gets a quote” save the amount stated. That’s why companies can make the claims of big savings. Because of the profiling, you absolutely need to compare quotes as often as possible. It’s just not possible to know which insurance coverage company will have better car insurance rates than you’re paying now.

Discounts to earn cheap insurance coverage rates

Insurance coverage is expensive, but you may qualify for discounts that can dramatically reduce your bill. Certain reductions will be credited at quote time, but a few must be specially asked for in order for you to get them. If they aren’t giving you every credit available, you could be paying more than you need to.

  • Drivers Ed for Students – Have your child participate in a local driver’s education class as it will make them better drivers and lower rates.
  • Include Life Insurance and Save – If the company offers life insurance, you could get better premium rates if you take out life insurance from them.
  • Switch and Save Discount – Some insurance coverage companies reward drivers for switching companies prior to your current policy expiring. You can save around 10% with this discount.
  • Bundled Policy Discount – If you insure your home and vehicles and insure them with the same company you could get a discount of approximately 10% to 15%.
  • Mature Driver Discount – Older drivers can get a slight reduction on a auto insurance quote for Rio insurance.
  • No Claims – Drivers who stay claim-free are rewarded with significantly better rates on auto insurance quote in comparison with frequent claim filers.

It’s important to note that most of the big mark downs will not be given to the entire cost. A few only apply to specific coverage prices like liability, collision or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, it doesn’t quite work that way.

Large insurance coverage companies and some of the premium reductions they offer are included below.

  • State Farm includes discounts for driver’s education, good student, Drive Safe & Save, good driver, defensive driving training, and accident-free.
  • Progressive policyholders can earn discounts including multi-policy, continuous coverage, homeowner, multi-vehicle, and online quote discount.
  • Progressive may offer discounts for continuous coverage, online signing, multi-policy, homeowner, good student, multi-vehicle, and online quote discount.
  • MetLife may have discounts that include multi-policy, accident-free, good student, good driver, claim-free, and defensive driver.
  • Farm Bureau has discounts for multi-vehicle, 55 and retired, youthful driver, renewal discount, safe driver, and good student.
  • Geico has savings for five-year accident-free, defensive driver, good student, multi-policy, and anti-theft.
  • SAFECO offers discounts including bundle discounts, teen safe driver, accident prevention training, teen safety rewards, multi-car, and anti-theft.

When comparing rates, check with all the companies the best way to save money. Discounts might not be offered in your area. To find insurers that offer multiple discounts, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying coverage for your vehicles, there is no best way to insure your cars. Each situation is unique.

These are some specific questions might point out if your insurance needs could use an agent’s help.

  • Can my teen driver be rated on a liability-only vehicle?
  • How much liability insurance is required?
  • Does insurance cover tools stolen from my truck?
  • What are the financial responsibility laws in my state?
  • Do I need added coverage for expensive stereo equipment?
  • Is my nanny covered when driving my vehicle?
  • How high should my uninsured/underinsured coverage be in my state?
  • Can I make deliveries for my home business?
  • When does my teenage driver need to be added to my policy?
  • Should I buy more coverage than the required minimum liability coverage?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverages explained

Having a good grasp of car insurance can be of help when determining which coverages you need and proper limits and deductibles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive auto coverage – This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as a broken windshield, hail damage, theft and falling objects. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability – Liability insurance protects you from injuries or damage you cause to people or other property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has 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 policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as repair bills for other people’s vehicles, structural damage, repair costs for stationary objects, bail bonds and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision – This will pay to fix damage to your Rio resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like damaging your car on a curb, sustaining damage from a pot hole, hitting a mailbox, backing into a parked car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your 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 important protection for you and your family.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance pay for expenses such as rehabilitation expenses, EMT expenses, dental work, funeral costs and chiropractic care. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Coverage on a shoestring budget

As you restructure your insurance plan, do not buy poor coverage just to save money. There are a lot of situations where an insured dropped liability coverage limits only to discover later they didn’t purchase enough coverage. Your goal should be to get the best coverage possible at the best cost, but don’t skip important coverages to save money.

We just presented some good ideas how to get a better price on 2003 Kia Rio insurance. The key thing to remember is the more providers you compare, the better your chances of lowering your car insurance rates. You may even find the most savings is with some of the smallest insurance companies.

Consumers switch companies for a variety of reasons including not issuing a premium refund, questionable increases in premium, denial of a claim or policy non-renewal. Whatever your reason, choosing a new insurance company is less work than it seems.

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