2010 Kia Optima Car Insurance Cost – 8 Ideas for Cheaper Prices

Trying to come up with a payment for high-priced car insurance can overdraw your family’s budget and put a big crunch on your finances. Comparing rates annually can lower your rates and help to reduce premiums and put more money in your pocket.

Big companies like Allstate and Progressive persitently shower you with ad campaigns and consumers find it hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.

If you have car insurance now, you will be able to cut costs considerably using these techniques. Finding affordable coverage is not rocket science. But drivers must comprehend how big insurance companies price insurance differently and apply this information to your search.

Compare insurance coverage rate quotes online

The are a couple different ways to compare rate quotes from all the different companies. The best method to find the lowest Kia Optima rates is to perform an online rate comparison. It’s really quite simple and can be done in several different ways.

  1. Hands down the most simple method consumers can analyze rates is to use a rate comparison form click here to open form in new window. This style of form keeps you from doing repetitive form submissions for every insurance coverage company. One form submission will return quotes from several companies.
  2. A more time consuming way to analyze rates is to take the time to go to each company’s website and repeat the quote process again and again. For example, we’ll pretend you want rates from Auto-Owners, GEICO and American Family. You would be required to take the time to go to each site and enter your policy data, which is why first method is reommended. For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but make sure you use the same coverages for each price quote. If you use different values for each quote it will be impossible to make a fair comparison for your Kia Optima. Just a small difference in limits may cause a big price difference. Keep in mind that comparing a wide range of rates will enable you to find better pricing. Not every company allows you to get online quotes, so you also need to get price quotes from them as well.

Do you qualify for discount insurance coverage?

Insuring your vehicles can cost a lot, but you might be missing out on some discounts that may help make it more affordable. Some of these disounts will be visible when you get a quote, but a few must be asked for before being credited.

  • Pay Now and Pay Less – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control are safer to drive and therefore earn up to a 10% discount.
  • Accident-Free Discounts – Drivers who don’t have accidents can earn big discounts when compared to insureds who have frequent claims or accidents.
  • No Charge for an Accident – Not a discount per se, but some companies like Liberty Mutual, Allstate and State Farm will allow you to have one accident without the usual rate increase if you have no claims for a particular time prior to the accident.
  • Discounts for Good Drivers – Drivers who avoid accidents could pay up to 40% less for Optima coverage than drivers with accident claims.
  • Discounts for Federal Employees – Active or former government employment could provide a small rate reduction for Optima coverage with a few insurance coverage companies.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle up before driving could cut 10% or more on the medical payments or PIP coverage costs.
  • Student in College – Kids who are enrolled in higher education away from home and won’t have access to an insured vehicle can receive lower rates.

Keep in mind that some of the credits will not apply to the entire policy premium. The majority will only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, it’s just not the way it works.

Companies who may offer these benefits possibly include:

If you are trying to find the cheapest insurance coverage quotes, ask all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts might not be offered on policies in your area.

What insurance coverages do I need?

When it comes to buying the best auto insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different so this has to be addressed. For instance, these questions may help highlight if your situation might need professional guidance.

  • How do I insure my teen driver?
  • Does insurance cover damages from a DUI accident?
  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered if I hit my neighbor’s mailbox?
  • Is a new car covered when I drive it off the dealer lot?
  • Is my babysitter covered when using my vehicle?
  • Can my teen drive my company car?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my 2010 Kia Optima covered for flood damage?

If you can’t answer these questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Car insurance coverage specifics

Understanding the coverages of your policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverages available from car insurance companies.

Liability coverages

Liability coverage will cover damages or injuries you inflict on other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims such as court costs, loss of income, legal defense fees, attorney fees and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Medical expense coverage

Med pay and PIP coverage provide coverage for expenses for surgery, prosthetic devices, X-ray expenses, hospital visits and doctor visits. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision insurance

This coverage covers damage to your Optima resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things like hitting a mailbox, crashing into a building, scraping a guard rail, driving through your garage door and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2010 Kia Optima.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits are set the same as your liablity limits.

Comprehensive protection

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a bird, falling objects and vandalism. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.