Save on 2015 Kia Optima Insurance Cost

Looking for lower insurance coverage rates for your Kia Optima? Frustrated by the sheer number of insurance coverage companies in your area? There are such a large number of options that it can easily become a chore to find the lowest price.

If you have car insurance now, you should be able to lower your premiums substantially using these methods. Pricing the lowest cost car insurance can be fairly easy. Nevertheless, vehicle owners do need to learn how companies determine prices.

Where can I get affordable auto insurance?

Comparing auto insurance rates can be exhausting if you don’t understand the easiest way. You could waste a few hours discussing policy coverages with local insurance agents in your area, or you could save time and use online quotes to accomplish the same thing much quicker.

Most of the best insurance companies belong to a marketplace where insurance shoppers send in one quote, and each participating company returns a rated price based on the submitted data. This eliminates the need for form submissions to each individual auto insurance company.

To compare rates now click here to start a free quote.

The single downside to using this type of form is buyers cannot specifically choose the insurers you want to price. So if you prefer to pick from a list of companies to compare prices, we have a listing of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just be sure you’re using exactly the same coverage limits and deductibles on every price quote you get. If each company quotes different limits and deductibles on each one it’s not possible to determine which company has the best rates. Just slight variations in coverages may result in large price differences. And when comparing auto insurance rates, know that obtaining a wide range of quotes helps locate more affordable insurance. Not every company allows you to get rate quotes online, so it’s important to compare rates from the smaller companies as well.

Insurance Discounts

Insurance can cost an arm and a leg, but you may be missing some discounts that could help you make your next renewal payment. Some of these disounts will be visible when you purchase, but occassionally some discounts must be asked about prior to receiving the credit.

Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up before driving could save 15% off PIP or medical payments premium.
Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates for Optima coverage than drivers with accident claims.
Senior Citizen Rates – Seniors may receive lower premium rates for Optima coverage.
Discounts for Multiple Vehicles – Buying a policy with several vehicles with the same insurance company can get a discount on all vehicles.
Passenger Safety Discount – Cars that have air bags and/or automatic seat belt systems may qualify for discounts of more than 20%.
Anti-theft System – Cars and trucks that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10% off your car insurance quote.
Driver Training Discounts – Participating in a class that teaches defensive driver techniques could cut 5% off your bill if your company offers it.
Service Members Pay Less – Having a deployed family member may lower your insurance rates slightly.

It’s important to understand that most discounts do not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

If you would like to view insurance companies with the best discounts, click this link.

Tailor your car insurance coverage to you

When choosing the right insurance coverage for your vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might point out if your situation would benefit from an agent’s advice.

Should I have combined single limit or split liability limits?
I have health insurance so do I need medical payments coverage?
Does my policy cover my teen driver if they drive my company car?
Am I missing any policy discounts?
When would I need rental car insurance?
Is a blown tire covered by insurance?
If I drive on a suspended license am I covered?
Does coverage extend to Mexico or Canada?
Am I covered when driving a rental car?
How much can I save by bundling my policies?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form.

Six things that affect your insurance costs

The best way to find cheaper insurance is to take a look at the factors that go into determining the level of your policy premiums. If you know what influences your rates, this enables informed choices that can help you get cheaper rates. Lots of things are considered when you get a price on insurance. Some are obvious such as your driving record, although some other factors are more obscure like where you live or how safe your car is.

The itemized list below are just a few of the factors insurance companies consider when setting your prices.

Poor credit rating equals high premiums – Credit score can be a huge factor in determining premium rates. If your credit is low, you may save money insuring your 2015 Kia Optima if you improve your credit rating. Insureds that have very high credit ratings tend to be less risk to insure than drivers with worse credit.
Limits of liability insurance – A critical coverage on your policy, liability insurance will provide protection if you are found liable for physical damage or personal injury to other. It provides legal defense starting from day one. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.
No policy lapses lowers prices – Letting your insurance expire is a quick way to pay more for insurance. In addition to paying higher rates, not being able to provide proof of insurance might get you a license revocation or jail time.
Physical damage deductibles – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers your vehicle from damage. A few examples of covered claims could be running into the backend of another car, collision with an animal, and damage caused by flying debris. Comp and collision deductibles state the amount of money you are required to pay if you file a covered claim. The more of the claim you pay before a claim is paid (deductible), the lower your rates will be for Optima coverage.
Infrequent drivers can save – The higher the mileage driven each year the more you’ll pay to insure your vehicle. Many insurance companies apply a rate determined by how the vehicle is used. Cars and trucks that are left in the garage get more affordable rates than vehicles that are driven to work every day. Having an incorrect usage rating on your Optima is throwing money out the window. Make sure your insurance policy correctly shows the correct driver usage.
Rates can change based on your address – Residing in less populated areas of the country has it’s advantages if you are looking for the lowest rates. Less people living in that area translates into fewer accident claims and lower theft and vandalism rates. Drivers who live in large cities tend to have traffic congestion and a longer drive to work. More time commuting can result in more accidents.

The insurance bait and switch

Well-known insurance companies like Geico, State Farm and Progressive constantly bombard you with television, radio, and online ads. They all seem to make the promise about how much you will save if you switch your insurance coverage to their company. That’s great but how can every company have lower policy pricing? It’s all in the wording.

Insurance companies have an ideal profile for the type of insured they prefer to insure. An example of a desirable insured may be between 25 and 40, has no claims, and has a high credit rating. Any customer who fits that profile will most likely get cheap prices as well as save quite a bit of money when switching.

People who may not quite match these standards will see higher premium rates and this can result in business not being written. The wording the ads use say “drivers that switch” but not “everyone who gets a quote” will save that much if they switch. That is how companies can claim big savings.

Because of the profiling, you should get car insurance quotes as often as possible. It’s just not possible to know which insurance companies will have the lowest rate quotes.

Parts of your insurance policy

Knowing the specifics of insurance can be of help when determining appropriate coverage for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like doctor visits, ambulance fees, surgery and chiropractic care. They can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as vandalism, a tree branch falling on your vehicle and damage from flooding. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

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. For this reason, having high UM/UIM coverages is a good idea. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Collision insurance

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like driving through your garage door, sideswiping another vehicle and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Auto liability insurance

Liability insurance will cover injuries or damage you cause to other people or property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against claims like medical expenses, medical services, emergency aid, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Save your hard earned cash

Consumers leave their current company for many reasons like extreme rates for teen drivers, poor customer service, lack of trust in their agent or delays in paying claims. Whatever your reason, choosing a new company is not as hard as you think.

When buying insurance coverage, it’s very important that you do not buy less coverage just to save a little money. There have been many situations where someone sacrificed liability limits or collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your goal is to get the best coverage possible for the lowest price while still protecting your assets.

In this article, we covered a lot of tips how to lower your 2015 Kia Optima insurance rates. It’s most important to understand that the more providers you compare, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with some of the smallest insurance companies.