Cheaper 2014 Kia Optima Car Insurance Quotes

Trying to find lower auto insurance rates for your Kia Optima? Are you regretting the purchase of an overpriced auto insurance policy? You’re in good company because many consumers are feeling buyer’s remorse and feel like there’s no way out. Having so many insurance companies to choose from, it can be impossible to find the lowest price company.

You may qualify for discounts

The price of auto insurance can be rather high, but there may be some discounts that can dramatically reduce your bill. A few discounts will be applied at quote time, but occassionally some discounts must be specially asked for before they will apply.

  • Multiple Policy Discount – If you have multiple policies and insure them with the same company they may give you a discount of up to 20% off your total premium.
  • Service Members Pay Less – Being on active duty in the military may lower your car insurance rates slightly.
  • Onboard Data Collection – Insureds that choose to allow their car insurance company to track their driving habits by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot may get a rate reduction if they show good driving skills.
  • Government Employees – Active or former government employment can save as much as 8% for Optima insurance with certain companies.
  • Multiple Cars – Buying insurance for multiple vehicles with the same company can get a discount for every vehicle.

Drivers should understand that many deductions do not apply the the whole policy. Some only reduce individual premiums such as physical damage coverage or medical payments. Despite the appearance that all the discounts add up to a free policy, car insurance companies aren’t that generous.

Popular car insurance companies and a partial list of their discounts are shown below.

  • Progressive offers discounts including online quote discount, online signing, homeowner, good student, multi-vehicle, and multi-policy.
  • The Hartford may offer discounts for defensive driver, good student, driver training, vehicle fuel type, and air bag.
  • Mercury Insurance offers discounts for location of vehicle, professional/association, multi-policy, annual mileage, multi-car, low natural disaster claims, and age of vehicle.
  • GEICO offers premium reductions for emergency military deployment, federal employee, good student, multi-policy, seat belt use, and anti-lock brakes.
  • AAA may have discounts that include multi-car, good student, education and occupation, multi-policy, anti-theft, pay-in-full, and good driver.
  • State Farm policyholders can earn discounts including student away at school, defensive driving training, Drive Safe & Save, multiple autos, and multiple policy.

It’s a good idea to ask each company what discounts are available to you. A few discounts may not apply in your area.

Eight factors that determine insurance prices

Consumers need to have an understanding of the different types of things that help calculate the price you pay for insurance. If you know what determines premiums, this enables informed choices that will entitle you to much lower annual insurance costs.

  • Insure car and home with the same company – Most insurance companies give discounts to insureds that buy multiple policies. It’s known as a multi-policy discount. Even if you’re getting this discount it’s always a smart idea to shop around to guarantee you are still saving the most.
  • Men drivers tend to cost more – Over the last 30 years, statistics show women are more cautious behind the wheel. This data doesn’t prove that men are worse drivers. Males and females are responsible for accidents in similar numbers, but the males cause more damage and cost insurance companies more money. Men also tend to get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Better prices on cars with good safety ratings – Cars with high safety ratings get lower rates. The safest vehicles result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims which can mean better rates for you.
  • Cut premiums and deter theft – Owning a car with a theft deterrent system can help lower your premiums. Theft prevention devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart auto theft and help lower rates.
  • Your location is a factor – Having an address in areas with lower population can be a good thing if you are looking for the lowest rates. Fewer drivers and short commutes means less chance of accidents. Urban drivers have to deal with more auto accidents and longer commutes to work. The longer drive time means more chances of being involved in an auto accident.
  • Certain employers pay higher rates – Careers such as real estate brokers, executives and miners tend to have the highest average rates in part from stressful work requirements and lengthy work days. Conversely, careers such as farmers, engineers and retirees pay the least for Optima insurance.
  • Your liability coverage limits – Liability insurance will protect you if ever you are responsible for causing damage or personal injury in an accident. Liability provides legal defense coverage to defend your case. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Policy add-ons can waste money – Insurance policies have a lot of extra bells and whistles that you can get tricked into buying but may not be useful. Things like replacement cost coverage, towing, and motor club memberships are some examples. The coverages may be enticing when discussing your needs, but if you’ve never needed them in the past remove them from your policy.

There’s no such thing as the perfect insurance coverage policy

When choosing adequate coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions may help you determine whether or not you would benefit from professional advice.

  • Is upholstery damage covered by car insurance?
  • Can my teen driver be rated on a liability-only vehicle?
  • Where can I find high-risk insurance?
  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered if I crash into my own garage door?
  • Do I have coverage when making deliveries for my home business?
  • I have health insurance so do I need medical payments coverage?
  • Does insurance cover damages from a DUI accident?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Advertising and insurance

Consumers can’t get away from all the ads for the lowest price insurance from the likes of Progressive, Allstate and GEICO. All the companies advertise claims that drivers can save some big amount after switching your policy.

How do they all give you a lower rate? It’s all in the words they use.

All companies give the cheapest rates for the type of driver that earns them the most money. An example of a desirable insured might be described as between 25 and 40, has few claims, and drives a car with an anti-theft system. Any driver who meets those qualifications is entitled to the best price and therefore will save when switching.

Insureds who may not quite match those criteria will be charged a higher rate with the end result being business going elsewhere. The wording the ads use say “drivers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why companies can make those statements. That is why drivers should do a quote comparison often. It is just not possible to predict with any certainty which company will have the best car insurance rates for your profile.

Insurance coverage options for a Kia Optima

Understanding the coverages of insurance can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages found on most insurance policies.

Coverage for medical expenses

Med pay and PIP coverage provide coverage for immediate expenses such as chiropractic care, hospital visits, doctor visits and prosthetic devices. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and damage to your 2014 Kia Optima.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Comprehensive insurance

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like theft, hitting a deer and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision protection

This coverage covers damage to your Optima from colliding 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 such as colliding with another moving vehicle, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability coverages

This coverage protects you from damages or injuries you inflict on other’s property or people. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability can pay for claims such as repair costs for stationary objects, legal defense fees and loss of income. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

Shop smart and save

Budget-conscious 2014 Kia Optima insurance can be found on the web and from local agencies, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who may not offer internet price quotes and many times these smaller providers only sell through independent agents.

We’ve covered many ways to compare 2014 Kia Optima insurance prices online. The most important thing to understand is the more price quotes you have, the better likelihood of getting inexpensive auto insurance. You may even discover the biggest savings come from a company that doesn’t do a lot of advertising. Regional companies can often insure niche markets at a lower cost than their larger competitors like Progressive and GEICO.

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