View 2018 Kia Optima Car Insurance Cost

When searching for lower-cost insurance, do you get overwhelmed by the sheer number of insurance coverage choices in your area? Drivers have such a vast assortment of choices available that it can easily become a real difficult job to find a cheaper company.

If you currently have a car insurance policy, you should be able to reduce your rates substantially using these techniques. The purpose of this article is to introduce you to how to effectively get price quotes and some money-saving tips. But drivers benefit from understanding how insurance companies market on the web.

Ways to get auto insurance quotes

To find the best auto insurance rates, there are several ways to compare quotes from many different insurance companies. The best way to find the cheapest 2018 Kia Optima insurance rates consists of shopping online. It is quite easy and can be accomplished by using one of the methods below.

  1. The first (and easiest) way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This style of form saves time by eliminating repetitive form submissions for each price estimate. One form gets you price quotes from several companies.It’s the quickest way to get rates.
  2. A slightly less efficient method to obtain and compare quotes online is going to the website for every company you want to comare and repeat the quote process. For sake of this example, let’s assume you want to compare Farmers, GEICO and Travelers. In order to get each rate, you would have to go to each individual site and repeatedly type in your coverage information, which can get rather old. For a list of companies in your area, click here.

It doesn’t matter which method you choose, just compare nearly identical information for every company. If your comparisons have different coverage information it will be very difficult to make a fair comparison for your Kia Optima. Quoting even small variations in insurance coverages can result in a big premium difference. Just remember that having more price comparisons helps you find the best rates. Not every company allows you to get quotes online, so it’s necessary to compare price estimates on coverage from those companies, too.

Big brands don’t always mean big savings

Car insurance providers like State Farm and Allstate consistently run ads on TV and radio. All the ads try to convey promises about saving some big amount if you move your coverage. How does each company save you money? Here is how they do it.

Insurance providers have a certain “appetite” for the right customer that is profitable for them. An example of a profitable risk profile should be over age 30, has a low-risk occupation, and has great credit. A customer getting a price quote that meets those criteria is entitled to the best price and as a result will probably save some money.

People who are not a match for those standards will be charged a more expensive rate with the end result being the driver buying from a lower-cost company. If you pay attention, the ads say “people that switch” not “everybody who quotes” will save that much if they switch. That’s the way insurance companies can confidently make claims like that.

Because of these techniques, you really need to compare quotes as often as possible. Because you cannot predict the company that will provide you with the cheapest premium rates.

You can change your insurance premiums

Smart consumers have a good feel for the factors that come into play when calculating your premiums. If you have some idea of what impacts premium levels, this enables informed choices that could result in lower premium levels.

  • Get married and pay less – Having a wife or husband can actually save you money on your auto insurance bill. Having a spouse may mean you are more mature and responsible and it’s statistically proven that married drivers tend to have fewer serious accidents.
  • Know your credit history – An insured’s credit rating is a large factor in determining premium rates. If your credit history is low, you could potentially save money when insuring your 2018 Kia Optima if you clean up your credit. People that have high credit scores tend to be better drivers and file fewer claims as compared to drivers with bad credit.
  • High claims frequency drives up prices – If you file a lot of claims you can pretty much guarantee higher rates. Auto insurance companies award better rates to policyholders that do not abuse their auto insurance. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Coverage deductibles are a factor – Insurance for physical damage, also called ‘full coverage’, insures against damage to your Kia. Some instances where coverage would apply could be collision with another vehicle, vandalism, and damage from a fallen tree branch. The deductibles you choose define the amount you are required to spend before a claim is paid by your company. The higher the amount you’re willing to pay, the lower your rates will be on Optima insurance.
  • More miles equals more premium – The more you drive annually the more you will pay for auto insurance. Most insurance companies apply a rate based on how the vehicle is used. Vehicles that do not get driven very much receive better premium rates than those used for commuting. An improperly rated Optima can result in significantly higher rates. Double check that your auto insurance policy correctly shows the proper vehicle usage.

Lower rates by qualifying for discounts

Companies don’t necessarily list the complete list of policy discounts very clearly, so the next list breaks down a few of the more common as well as some of the hidden savings tricks you should be using when you buy insurance coverage online.

  • Good Grades Discount – Excelling in school can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • Include Life Insurance and Save – Some insurance coverage companies give a break if you buy a life insurance policy as well.
  • Driver’s Ed – It’s a good idea to have your young drivers successfully complete driver’s ed class if it’s offered in school.
  • Seat Belt Discounts – Buckling up and requiring all passengers to use their safety belts can save 10% or more off the PIP or medical payment premium.
  • Pay Upfront and Save – If you can afford to pay the entire bill instead of paying each month you can actually save on your bill.
  • Military Rewards – Having a deployed family member could mean lower prices.

One thing to note about discounts is that most credits do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

Large insurance coverage companies and some of the discounts can be read below.

  • GEICO policyholders can earn discounts including good student, driver training, daytime running lights, defensive driver, and federal employee.
  • Travelers offers premium reductions for hybrid/electric vehicle, new car, save driver, payment discounts, early quote, driver training, and student away at school.
  • Nationwide may offer discounts for multi-policy, anti-theft, good student, easy pay, accident-free, and family plan.
  • Farmers Insurance has savings for pay in full, homeowner, business and professional, early shopping, bundle discounts, multi-car, and mature driver.
  • Esurance may have discounts that include online shopper, safety device, renters, paid-in-full, and good driver.
  • State Farm may include discounts for driver’s education, Steer Clear safe driver discount, multiple policy, student away at school, accident-free, and multiple autos.
  • Progressive offers discounts including homeowner, continuous coverage, online quote discount, multi-vehicle, online signing, and multi-policy.
  • Mercury Insurance has discounts for age of vehicle, multi-policy, ease of repair, low natural disaster claims, type of vehicle, and good driver.

It’s a good idea to ask every company the best way to save money. Some credits may not apply in your state. To see a list of providers that offer multiple discounts, click here to view.

Insurance is unique, just like you

When it comes to choosing the best insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine whether you might need an agent’s assistance.

  • Should I rate my 2018 Kia Optima as pleasure use or commute?
  • Can I make deliveries for my home business?
  • Is my teen driver covered when they drive my company car?
  • Do I need replacement cost coverage on my 2018 Kia Optima?
  • Which is better, split liability limits or combined limits?
  • Is my state a no-fault state?
  • I have health insurance so do I need medical payments coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Am I covered if I drive in a foreign country?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form.

Learn about auto insurance coverages for a Kia Optima

Understanding the coverages of your auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Liability

This coverage provides protection from damage or injury you incur to other people or property that is your fault. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as medical services, funeral expenses, loss of income, structural damage and emergency aid. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Kia Optima.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally these coverages are set the same as your liablity limits.

Collision coverage protection

Collision coverage pays for damage to your Optima from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as rolling your car, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive insurance

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hitting a bird, damage from getting keyed, rock chips in glass, damage from flooding and a tree branch falling on your vehicle. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for bills such as funeral costs, dental work, ambulance fees, doctor visits and prosthetic devices. They are often utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Summing up your insurance search

Drivers who switch companies do it for a number of reasons such as extreme rates for teen drivers, not issuing a premium refund, delays in paying claims or even high prices. No matter why you want to switch, finding the right insurance provider is not as hard as you think.

Some insurance companies don’t offer online rate quotes and many times these smaller companies sell through independent agents. Cheaper 2018 Kia Optima insurance is definitely available on the web and also from your neighborhood agents, and you need to comparison shop both to have the best selection.

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. There are too many instances where an insured dropped uninsured motorist or liability limits and discovered at claim time that they should have had better coverage. The goal is to buy the best coverage you can find at the best price and still be able to protect your assets.

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