Save on 2014 Kia Optima Insurance Cost

Searching for the cheapest insurance for a Kia Optima can turn out to be an all-consuming task, but you can learn our insurance coverage buying tips to make it easier. There are both good and bad ways to buy insurance coverage so we’re going to tell you the quickest way to price shop coverage for your Kia and get the lowest price either online or from local insurance agents.

It’s smart to get comparison quotes before your policy renews because prices tend to go up over time. Even if you think you had the lowest rates for Optima insurance a year ago there may be better deals available now. Forget all the misinformation about insurance coverage because you’re about to find out how to use the internet to get good coverage at a lower rate.

Discounts for lower-cost car insurance rates

Not too many consumers would say car insurance is affordable, but you may find discounts to help bring down the price. Certain discounts will be applied when you get a quote, but lesser-known reductions have to be specially asked for prior to receiving the credit. If you don’t get every credit you deserve, you may be paying too high a price.

  • College Student – Youth drivers living away from home attending college and do not have access to a covered vehicle may be insured at a cheaper rate.
  • Defensive Driver Discount – Taking part in a defensive driving class could save 5% or more and easily pay for the cost of the class.
  • Service Members Pay Less – Being deployed with a military unit may lower your premium rates slightly.
  • Theft Deterent – Vehicles optioned with advanced anti-theft systems can help prevent theft and can earn a small discount on your policy.
  • One Accident Forgiven – Not a discount per se, but companies like Allstate, Progressive, and Geico may permit one accident without raising rates so long as you haven’t had any claims for a specific time period.

You should keep in mind that most discount credits are not given the the whole policy. A few only apply to specific coverage prices like medical payments or collision. Even though the math looks like it’s possible to get free car insurance, you aren’t that lucky.

Car insurance companies that possibly offer most of these discounts are:

If you need lower rates, check with all companies you are considering which discounts they offer. A few discounts may not be offered in your state. For a list of companies with significant discounts, click here.

Kia Optima insurance cost factors

Consumers need to have an understanding of some of the elements that play a part in calculating your policy premiums. When you understand what positively or negatively impacts your premiums, this enables you to make decisions that may result in lower premium levels. Lots of factors are taken into consideration when you get your auto insurance bill. Some are pretty understandable such as your driving record, although others are less obvious like your vehicle usage or your commute time.

  • Car and home together may be cheaper – Many companies provide lower prices to customers who have multiple policies with them. It’s known as a multi-policy discount. Even if you already get this discount, consumers should still comparison shop to verify if the discount is saving money.
  • Deter theft and pay less – Driving a car with a theft deterrent system can save you a little every year. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms help track and prevent vehicle theft.
  • High credit scores equal low prices – Credit history is a big factor in determining your rates. If your credit score leaves room for improvement, you could be paying less to insure your 2014 Kia Optima by improving your credit score. Insureds with good credit tend to be more responsible and file fewer claims than those with worse credit.
  • Raise your deductibles for better premiums – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your vehicle. Some coverage claims are a dented fender, collision with an animal, and damage caused by flying debris. The deductibles define the amount you are required to pay if you file a covered claim. The more money you choose to pay out-of-pocket, the lower your rates will be for Optima insurance.
  • Your spouse saves you money – Having a spouse helps lower the price when shopping for car insurance. Having a significant other usually means you are more mature and statistics show married drivers tend to have fewer serious accidents.

Tailor your auto insurance coverage to you

When it comes to choosing coverage for your personal vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

For example, these questions may help highlight whether you might need an agent’s assistance.

  • Do I have coverage when pulling a U-Haul trailer?
  • What if I owe more than I can insure my car for?
  • What if I don’t agree with a claim settlement offer?
  • When can my company non-renew my policy?
  • Is my nanny covered when driving my vehicle?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do I really need UM/UIM coverage?
  • Is motorclub coverage worth it?

If you don’t know the answers to these questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and may give you better protection.

Switch companies and save? Really?

Drivers can’t ignore all the ads that promise big savings for switching by companies like 21st Century, Allstate and State Farm. All the ads advertise the message that people will save just by switching your policy.

How is it possible that every company can sell you cheaper insurance coverage? Here is the trick they use.

Companies have specific criteria for the type of driver that will generate a profit. For instance, a desirable risk might be between the ages of 40 and 55, owns a home, and drives newer vehicles. Any new insured who meets those qualifications gets the lowest premium rates as well as save when they switch companies.

Insureds who fall outside these stringent criteria may be required to pay a higher rate which results in the customer buying from a different company. If you pay close attention to the ads, they say “drivers that switch” not “everybody who quotes” can get the lowest rates when switching. That’s why companies can advertise the way they do. That is why you should compare quotes as often as possible. It’s impossible to know which insurance companies will have better rates than you’re paying now.

What car insurance coverages do you need?

Understanding the coverages of a car insurance policy can help you determine the right coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and coverage can change by endorsement.

Medical expense coverage

Med pay and PIP coverage reimburse you for short-term medical expenses for things like doctor visits, prosthetic devices, nursing services, X-ray expenses and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like falling objects, hitting a deer and a broken windshield. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your Kia Optima.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Auto liability

Liability insurance provides protection from damage that occurs to other people or property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims like attorney fees, structural damage, emergency aid, repair costs for stationary objects and court costs. 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.

Collision coverage

Collision coverage pays for damage to your Optima resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like hitting a mailbox, damaging your car on a curb, hitting a parking meter and colliding with a tree. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Be Smart and Buy Smart

When buying insurance coverage, do not reduce needed coverages to save money. There are many occasions where consumers will sacrifice collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage at the best price, but do not sacrifice coverage to save money.

Some auto insurance companies may not have internet price quotes and most of the time these smaller providers provide coverage only through independent insurance agents. Budget-conscious 2014 Kia Optima insurance can be found from both online companies and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis.

People leave their current company for any number of reasons including an unsatisfactory settlement offer, unfair underwriting practices, poor customer service or high prices. It doesn’t matter what your reason, choosing a new company is not as difficult as it may seem.

Additional information can be found on the following sites: