2016 Kia Optima Hybrid Car Insurance Cost – 6 Tricks for Cheaper Prices

Beginners to shopping for car insurance online may discover purchasing low cost insurance is very challenging.

This article will familiarize you with how to get online quotes and some tricks to saving. If you are paying for car insurance now, you will be able to save some money using these methods. But vehicle owners do need to understand how insurance companies sell online because it can help you find the best coverage.

The method we recommend to compare policy rates is to know the trick most insurance companies actually pay money for the chance to compare their rates. All you need to do is provide a little information such as if it has an anti-theft system, the make and model of your vehicles, your occupation, and your general credit rating. Your rating data is sent automatically to all major companies and they return cost estimate instantly.

Auto insurance companies offer many discounts

Companies that sell car insurance do not list every disount available in a way that’s easy to find, so below is a list a few of the more common and also the more inconspicuous auto insurance savings.

  • First Accident Forgiveness – This one isn’t a discount, but some insurance companies will allow you to have one accident without the usual rate increase so long as you haven’t had any claims before the accident.
  • Claim Free – Insureds who avoid accidents and claims pay much less in comparison to insureds who have frequent claims or accidents.
  • Discount for Multiple Policies – If you insure your home and vehicles and insure them both with the same insurance company you could save over 10 percent off each policy depending on the company.
  • Save over 55 – If you qualify as a senior citizen, you can get a slight reduction on a insurance quote on Optima Hybrid insurance.
  • Seat Belts Save more than Lives – Requiring all passengers to fasten their seat belts could cut 10% or more off the personal injury premium cost.
  • Multi-Vehicle Discounts – Buying insurance for primary and secondary vehicles on the same auto insurance policy could earn a price break for each car.

You can save money using discounts, but some of the credits will not apply the the whole policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. Even though it appears you can get free auto insurance, that’s just not realistic.

Large auto insurance companies and some of their more popular discounts are detailed below.

  • The Hartford offers discounts for defensive driver, anti-theft, bundle, good student, driver training, vehicle fuel type, and air bag.
  • American Family has discounts for air bags, good driver, mySafetyValet, early bird, accident-free, and TimeAway discount.
  • Progressive discounts include continuous coverage, multi-policy, online signing, online quote discount, and multi-vehicle.
  • Travelers may include discounts for new car, student away at school, driver training, good student, home ownership, payment discounts, and hybrid/electric vehicle.
  • Farmers Insurance policyholders can earn discounts including multi-car, pay in full, switch companies, business and professional, and bundle discounts.
  • USAA offers discounts including vehicle storage, multi-vehicle, driver training, loyalty savings, new vehicle, military installation, and defensive driver.
  • Liberty Mutual has savings for safety features, multi-car, good student, hybrid vehicle, new graduate, and new vehicle discount.

Check with each company what discounts are available to you. Some credits might not be offered everywhere. If you would like to view insurers that offer some of these discounts, click here to view.

Do I just need basic coverages?

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

For instance, these questions can aid in determining if you might need an agent’s assistance.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Does insurance cover tools stolen from my truck?
  • Should I buy only the required minimum liability coverage?
  • Do I really need UM/UIM coverage?
  • Will my rates increase for filing one claim?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Am I covered when driving on a suspended license?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form.

Insurance policy specifics

Understanding the coverages of insurance helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement.

Liability

This coverage can cover injuries or damage you cause to other’s property or people. This insurance protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for things such as legal defense fees, repair bills for other people’s vehicles, bail bonds and loss of income. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Medical expense coverage

Med pay and PIP coverage kick in for short-term medical expenses such as pain medications, X-ray expenses, ambulance fees and EMT expenses. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, hitting a bird, a tree branch falling on your vehicle, damage from getting keyed and damage from flooding. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Auto collision coverage

Collision insurance covers damage to your Optima Hybrid from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like driving through your garage door, crashing into a ditch, sideswiping another vehicle, hitting a mailbox and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Kia Optima Hybrid.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Frequently these coverages are identical to your policy’s liability coverage.

Save for a rainy day

Consumers leave their current company for a variety of reasons including unfair underwriting practices, high rates after DUI convictions, being labeled a high risk driver or delays in paying claims. Regardless of your reason, finding a great new company is actually quite simple.

As you go through the steps to switch your coverage, it’s not a good idea to reduce coverage to reduce premium. There are too many instances where an insured dropped full coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy enough coverage for the lowest cost while still protecting your assets.

In this article, we covered a lot of tips how to shop for 2016 Kia Optima Hybrid insurance online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding inexpensive insurance. You may even discover the most savings is with an unexpected company.

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