2006 Kia Optima Insurance Quotes – 10 Tips for Cheaper Rates

Searching for cheaper car insurance rates for your Kia Optima? Consumers who just recently started comparing insurance coverage prices on the web can find locating cheaper auto insurance can be quite difficult.

Find hidden discounts on car insurance

Some providers don’t always publicize every policy discount very well, so the list below gives a summary of both well-publicized and the more hidden credits available to bring down your rates.

  • Fewer Miles Equal More Savings – Keeping the miles down on your Kia can earn slightly better car insurancerates than normal.
  • Military Rewards – Having a deployed family member could qualify you for better rates.
  • Senior Citizens – If you qualify as a senior citizen, you are able to get a small discount on rates for Optima coverage.
  • Pay Early and Save – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Passive Restraint Discount – Vehicles equipped with air bags can receive discounts of 20% or more.
  • Anti-lock Brakes – Cars and trucks that have steering control and anti-lock brakes have fewer accidents and qualify for as much as a 10% discount.
  • Multi-line Discount – Not every insurance company offers life insurance, but if they do you may earn a lower price if you buy life insurance.
  • Multiple Policy Discount – When you have multiple policies with one insurance company they may give you a discount of at least 10 to 15 percent or more.
  • Multi-Vehicle Discounts – Having multiple cars or trucks with one company qualifies for this discount.
  • Switch and Save Discount – A few companies allow discounts for signing up prior to your current policy expiration. This discount can save up to 10%.

Please keep in mind that most credits do not apply to the entire cost. Most cut individual premiums such as physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, it just doesn’t work that way. But all discounts will positively reduce your policy cost.

If you would like to view companies with discount rates, follow this link.

Tailor your car insurance coverage to you

When buying the best car insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine whether you could use an agent’s help.

  • Am I covered when driving someone else’s vehicle?
  • Does insurance cover damages from a DUI accident?
  • Do I have coverage if my license is suspended?
  • How high should my medical payments coverage be?
  • Am I covered by my spouse’s policy after a separation?
  • How can I find cheaper teen driver insurance?
  • Should I sign the liability waiver when renting a car?
  • Should I drop comprehensive coverage on older vehicles?

If you can’t answer these questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form.

Coverages available on your insurance policy

Understanding the coverages of insurance can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Coverage for uninsured or underinsured drivers

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

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision coverage protection

This coverage pays for damage to your Optima resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like hitting a mailbox, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability insurance

Liability insurance can cover damages or injuries you inflict on other people or property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as court costs, structural damage, repair costs for stationary objects, bail bonds and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive insurance

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, falling objects, fire damage and rock chips in glass. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for expenses like EMT expenses, rehabilitation expenses and chiropractic care. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Keep this in mind

Cheaper car insurance is attainable on the web and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance providers do not provide online quoting and most of the time these small, regional companies sell through independent insurance agents.

In this article, we presented quite a bit of information on how to lower your 2006 Kia Optima insurance premium rates. The key concept to understand is the more you quote auto insurance, the higher your chance of finding inexpensive auto insurance. You may even discover the biggest savings come from an unexpected company.

As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are too many instances where consumers will sacrifice full coverage and discovered at claim time that the few dollars in savings costed them thousands. The proper strategy is to get the best coverage possible at the lowest possible cost, not the least amount of coverage.

For more information, take a look at the resources below: