Cheaper 2002 Kia Optima Insurance Quotes

Looking for better car insurance rates for your Kia Optima? Purchasing affordable car insurance may be intimidating for buying their car insurance over the internet. When there are so many online companies available, how can drivers efficiently compare each option to find the best price?

Smart consumers take time to get comparison quotes every six months because prices change frequently. Even if you got the lowest rate for Optima insurance at your last renewal a different company probably has better premium rates today. There is a lot of wrong information about car insurance out there, but by reading this article, you’re going to learn some solid techniques on how to lower your car insurance bill.

Insurance prices are influenced by these factors

Many different elements are considered when you quote your car insurance policy. Some are obvious like your driving record, but other factors are less apparent such as your credit history or your commute time.

  • Increase physical damage deductibles and save – Physical damage deductibles define how much you are required to spend out-of-pocket if the claim is covered. Physical damage insurance, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some examples of claims that would be covered would be colliding with a stationary object, collision with a deer, and having a roll-over accident. The higher the amount the insured is willing to pay, the lower your rates will be for Optima insurance.
  • Annual mileage impacts prices – Driving more miles in a year the more it will cost to insure it. A lot of companies charge rates based on their usage. Vehicles not used for work or commuting can be on a lower rate level than vehicles that are driven to work every day. Incorrect rating for your Optima may be costing you higher rates. Double check that your car insurance policy is rated on the correct driver usage, because improper ratings can cost you money.
  • Car insurance claims cost money – Companies provide most affordable rates to policyholders who are not frequent claim filers. If you file a lot of claims you can look forward to higher premiums or even policy non-renewal. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Save money by having multiple policies – Many insurers allow lower prices to buyers that purchase more than one policy in the form of a multi-policy discount. Even with this discount applied, you may still want to check prices from other companies to verify if the discount is saving money. You may still find a better deal by buying insurance from more than one company.
  • Pay more by driving carelessly – Whether or not you get tickets has a lot to do with how much you pay for insurance. Attentive drivers get better prices than people who have multiple driving citations. Even a single speeding ticket or other violation can increase the cost of insurance by twenty percent. Drivers with severe violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form with their state DMV in order to legally drive a vehicle.
  • Urban residents pay more – Residing in small towns and rural areas can save you money when buying car insurance. Drivers in populated areas tend to have traffic congestion and much longer commute distances. Less people living in that area translates into fewer accidents in addition to fewer liability claims.
  • Excellent credit equals lower premiums – Having a bad credit history is a big factor in determining what you pay. Insureds with very good credit scores tend to file fewer claims than drivers with lower credit scores. If your credit history is low, you could potentially save money when insuring your 2002 Kia Optima if you clean up your credit.

How to buy insurance online

When shopping for affordable car insurance quotes, there are a couple of ways of comparing price quotes from different insurance companies. The best way to find competitive Kia Optima insurance rates is simply to get online rate quotes. This is quite simple and can be completed in just a few minutes using one of these methods.

  1. The best way to get quotes would be an industry-wide quote request form click here to open form in new window. This easy form prevents you from having to do separate quotes for each price estimate. In just a few minutes this one form will get you price quotes from multiple companies. Recommended for those who want to invest the least amount of time.
  2. Another way to shop for insurance online is going to each company website and go through the quote process again. For examples sake, we’ll assume you want to view quotes from Progressive, Liberty Mutual and American Family. In order to get each rate, you would have to navigate to each company’s site and punch in your information repeatedly, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Compare rates however you want, just be sure to compare the exact same coverage limits on every quote you get. If your comparisons have higher or lower deductibles you will not be able to make an equal comparison. Just slight variations in coverages could skew the results. Keep in mind that getting more free quotes increases your odds of finding lower pricing. Not every company does rate quotes online, so you also need to get prices from those companies as well.

Take policy discounts and save

Some insurance providers don’t list all possible discounts very clearly, so we researched both well-publicized and also the lesser-known savings tricks you should be using when you buy car insurance online.

  • Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen with less frequency and therefore earn up to a 10% discount.
  • Onboard Data Collection – Drivers who elect to allow their company to look at when and where they use their vehicle remotely like Drivewise from Allstate or In-Drive from State Farm could save a few bucks as long as they are good drivers.
  • Low Mileage Discounts – Maintaining low annual mileage may enable drivers to earn lower premium rates on the low mileage vehicles.
  • Air Bags and Passive Restraints – Factory air bags or automatic seat belts can receive discounts of more than 20%.
  • Accident-Free Discounts – Drivers who stay claim-free pay much less compared to insureds who have frequent claims or accidents.

A quick disclaimer, many deductions do not apply to all coverage premiums. Most only reduce specific coverage prices like liability and collision coverage. Even though the math looks like all the discounts add up to a free policy, you aren’t that lucky.

Insurance companies that have some of the above discounts are:

If you want low cost car insurance quotes, ask every company how you can save money. Some of the discounts discussed earlier might not be offered in your area.

Which policy gives me the best coverage?

When choosing coverage, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For instance, these questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Do I need to file an SR-22 for a DUI in my state?
  • How much liability insurance is required?
  • How can I find cheaper teen driver insurance?
  • Is my state a no-fault state?
  • How high should deductibles be on a 2002 Kia Optima?
  • What is high-risk coverage and where do I buy it?
  • Should I put collision coverage on all my vehicles?
  • Will I lose any money if I cancel my policy before it expires?
  • Should I buy full coverage?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Detailed coverages of your insurance policy

Learning about specific coverages of insurance can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement.

Collision insurance

Collision insurance covers damage to your Optima resulting from a collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sustaining damage from a pot hole, sideswiping another vehicle, crashing into a building and driving through your garage door. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like fire damage, theft, a tree branch falling on your vehicle, vandalism and rock chips in glass. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for expenses for prosthetic devices, ambulance fees, chiropractic care and dental work. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your 2002 Kia Optima.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are set the same as your liablity limits.

Liability insurance

Liability coverage can cover damages or injuries you inflict on other people or property that is your fault. It protects YOU against claims from other people, and does not provide coverage for 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. You commonly see limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability insurance covers claims like court costs, structural damage, attorney fees, bail bonds and repair costs for stationary objects. How much coverage you buy is your choice, but you should buy higher limits if possible.

Feed the piggy bank

When shopping online for insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase a proper amount of coverage at the best cost while not skimping on critical coverages.

We just showed you a lot of ways to save on 2002 Kia Optima insurance. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding low cost car insurance. You may even find the lowest priced insurance comes from the least-expected company.

A few companies do not offer the ability to get a quote online and usually these smaller providers provide coverage only through independent insurance agents. Budget-friendly insurance can be sourced from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates.

More information can be found on the following sites: