2005 Kia Spectra Car Insurance Rates – 10 Discounts for Cheapest Quotes

Paying for pricey Kia Spectra insurance can drain your personal savings and put the squeeze on your family’s finances. Comparing price quotes can lower your rates and help to lower your monthly bill.

People have so many auto insurance companies to purchase coverage from, and even though it’s nice to have multiple companies, lots of choices makes it harder to compare rates and cut insurance costs.

You should make it a habit to get comparison quotes on a regular basis since prices are rarely the same from one policy term to another. Just because you found the best price on Spectra insurance at your last renewal you may be paying too much now. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to the tricks you need to know to find the best coverage while lowering your premiums.

Which insurance coverage is cheapest?

Performing a rate comparison can be challenging if you aren’t aware of the most efficient way to do it. You can waste a few hours (or days) talking about coverages with insurance companies in your area, or you can stay home and use the internet to get rate comparisons in just a few minutes.

Most of the larger companies participate in a marketplace that allows shoppers to send in one quote, and each participating company provides a quote. This system prevents you from having to do form submissions to every company.

To access this free quoting program, click to open in new window.

The only drawback to using this type of system is you can’t choose the providers to get pricing from. If you wish to select specific providers to compare, we put together a list of low cost insurance coverage companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just be certain you are entering the same deductibles and coverage limits on every price quote you get. If you use different limits and deductibles on each one it will be impossible to determine which rate is truly the best. Just a small difference in coverage limits may cause a big price difference. Just remember that obtaining a wide range of quotes helps you find more affordable rates.

Get lower-cost rates by earning these ten discounts

Companies don’t always advertise the entire discount list very clearly, so the list below details some of the more common as well as some of the hidden credits available to lower your premiums when you buy car insurance online. If you don’t get every credit you deserve, you are paying more than you should be.

ABS Braking Discount – Vehicles equipped with ABS or steering control prevent accidents and the ABS can save up to 10%.
Discount for Swiching Early – A few larger companies allow discounts for signing up prior to your current policy expiring. You may see this discount when you get car insurance quotes online.
Full Payment Discount – If paying your policy premium upfront rather than spreading payments over time you can avoid the installment charge.
One Accident Forgiven – This one is not really a discount per se, but a handful of insurance companies may permit one accident without the usual rate increase if you are claim-free prior to the accident.
Discounts for Seat Belt Usage – Drivers who require all occupants to buckle up could cut 10% or more off PIP or medical payments premium.
Good Students Pay Less – Getting good grades may save you up to 25%. Most companies allow this discount up until you turn 25.
Claim Free – Claim-free drivers pay much less in comparison to bad drivers.
New Vehicle Savings – Insuring a vehicle that is new can be considerably cheaper because new model year vehicles have to meet stringent safety requirements.
Professional Memberships – Having an affiliation with qualifying clubs or civic groups is a simple method to lower premiums on your bill.
Fewer Miles Equal More Savings – Maintaining low annual mileage could be rewarded with cheaper car insurancerates.

As is typical with insurance, most discounts do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears all those discounts means the company will pay you, you aren’t that lucky.

A few of the larger companies and some of their more popular discounts are:

State Farm offers discounts for student away at school, multiple policy, defensive driving training, Steer Clear safe driver discount, passive restraint, and good driver.
Liberty Mutual has savings for preferred payment discount, newly retired, new vehicle discount, multi-policy, new move discount, newly married, and hybrid vehicle.
American Family may include discounts for bundled insurance, mySafetyValet, accident-free, defensive driver, and early bird.
Progressive policyholders can earn discounts including online quote discount, multi-policy, homeowner, online signing, and multi-vehicle.
Farmers Insurance offers discounts including mature driver, electronic funds transfer, homeowner, early shopping, and youthful driver.
Auto-Owners Insurance discounts include anti-lock brakes, student away at school, mature driver, paperless, air bags, and safe driver.
SAFECO may offer discounts for teen safety rewards, safe driver, anti-theft, teen safe driver, multi-car, anti-lock brakes, and bundle discounts.

When getting a coverage quote, ask every prospective company to give you their best rates. Depending on the company, some discounts may not apply to policyholders in your state. For a list of companies that offer many of these discounts, click here.

Your insurance coverage coverage should be tailored to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Each situation is unique so your insurance should reflect that For example, these questions may help highlight if your situation may require specific advice.

Am I covered if I crash into my own garage door?
Do I pay less for low miles?
Does coverage extend to a rental car in a foreign country?
What is roadside assistance coverage?
Should I put collision coverage on all my vehicles?
When can I cancel my policy?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Insurance specifics

Understanding the coverages of a insurance policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the normal coverages available from insurance companies.

Collision coverages – This coverage will pay to fix damage to your Spectra resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like driving through your garage door, colliding with a tree, rolling your car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for surgery, rehabilitation expenses, nursing services and EMT expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a bird, damage from getting keyed, hail damage, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2005 Kia Spectra.

Due to the fact that 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 is a good idea.

Liability – Liability coverage provides protection from injuries or damage you cause to people or other property that is your fault. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers claims such as legal defense fees, attorney fees, emergency aid, court costs and pain and suffering. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Quote often and quote early

Budget-friendly auto insurance can be found from both online companies and from local insurance agents, so you need to quote car insurance with both to have the best chance of lowering rates. A few companies don’t offer online price quotes and most of the time these smaller companies only sell coverage through independent agents.

When you buy car insurance online, do not buy less coverage just to save a little money. There have been many situations where consumers will sacrifice physical damage coverage to discover at claim time that the small savings ended up costing them much more. Your goal is to purchase a proper amount of coverage at the best cost.