Cheaper 2001 Kia Rio Insurance Quotes

Searching for the cheapest auto insurance rates for your Kia Rio? Are you tired of robbing Peter to pay Paul to pay your car insurance bill each month? You are no different than many other consumers. You have so many insurers to buy insurance from, and although it’s nice to have multiple companies, lots of choices makes it harder to adequately compare rates.

Finding the best rates is quite easy. If you have car insurance now, you will be able to lower your premiums substantially using this information. Drivers just need to learn the proper methods to buy insurance on the web.

Cheap Insurance Comparisons

Getting a cheaper price on 2001 Kia Rio insurance can be quick and easy. The only thing you need to do is take a couple of minutes getting comparison quotes online with multiple companies. This can be done in several different ways.

The most efficient way to find low rates would be an industry-wide quote request form (click to open form in new window). This type of form eliminates the need for separate quotation requests for every insurance company. Filling out one form will get you price quotes from many national carriers.

A more time consuming way to get comparison quotes is to manually visit the website for every company you want to comare to request a price quote. For example, we’ll assume you want comparison quotes from Progressive, Esurance and Farmers. To find out each rate you need to take the time to go to each site and enter your information, which is why the first method is quicker.

For a list of links to insurance companies in your area, click here.

The hardest method of comparing rate quotes is to waste gas driving to different agent offices. The internet makes this process obsolete unless you want the professional guidance that only a license agent can provide. Drivers can price shop online and get advice from an agent in your area and you’ll learn how to do that later.

However you get your quotes, ensure you are comparing exactly the same coverage limits and deductibles on every quote you get. If each company quotes differing limits it will be very difficult to make an equal comparison.

Are car insurance companies telling the truth?

Consumers constantly see and hear ads that promise big savings from the likes of Allstate, GEICO and Progressive. They all seem to make an identical promise that you can save if you switch your coverage to them.

How does each company make almost identical claims?

All companies have a certain “appetite” for the type of driver they prefer to insure. For example, a profitable customer could possibly be between the ages of 30 and 50, has no tickets, and has great credit. Any driver who matches those parameters is entitled to the best price and therefore will save a lot of money.

Potential insureds who don’t qualify for these standards will have to pay more money and ends up with the customer not buying. The ads state “people who switch” not “people who quote” save money. That’s why companies can make those claims. Because of the profiling, it is so important to get as many quotes as possible. It’s impossible to know which company will fit your personal profile best.

Why your Kia Rio insurance rates may be high

Consumers need to have an understanding of the different types of things that play a part in calculating the rates you pay for insurance coverage. Knowing what controls the rates you pay allows you to make educated decisions that may reward you with lower insurance coverage prices.

Shown below are a few of the “ingredients” companies use to determine rates.

  • Rate your vehicle for proper use – The more miles you rack up on your Kia in a year the higher your rate. Almost all companies charge to insure your cars based on their usage. Vehicles left parked in the garage qualify for better rates compared to those used for work or business. Make sure your insurance coverage policy properly reflects how each vehicle is driven. If your policy improperly rates your Rio can result in significantly higher rates.
  • Teen drivers pay high rates – Youthful drivers are known to get distracted easily in a vehicle so they pay higher insurance coverage rates. Mature drivers are more responsible, file fewer claims and are safer drivers.
  • One company can mean more discounts – Many insurers give discounts to people who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal.
  • An active claims history can cost you – Car insurance companies generally give better rates to drivers who do not rely on their insurance for small claims. If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Car insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Men pay higher rates – Statistics show women tend to be less risk to insure than men. However, don’t assume that women are better drivers. Men and women have accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like reckless driving and DUI.
  • Your stress level may be raising your rates – Jobs such as real estate brokers, executives and accountants are shown to have higher rates than average attributed to stressful work requirements and lengthy work days. On the flip side, jobs such as farmers, athletes and the unemployed pay the least for Rio coverage.
  • Adjust deductibles and save – Physical damage deductibles represent how much money you are willing to pay out-of-pocket in the event of a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply could be colliding with a building, damage from fire, and burglary. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance for Rio coverage.

Discounts on Kia Rio insurance

Car insurance companies don’t list all available discounts in an easy-to-find place, so we researched both the well known and the harder-to-find discounts you could be receiving. If they aren’t giving you every credit you qualify for, you are throwing money away.

  • Safety Course Discount – Completing a course in driver safety could save 5% or more if you qualify.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts can save up to 15% off the personal injury premium cost.
  • Paperless Signup – A few companies will give a small break for buying a policy and signing up over the internet.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may save 10% to 20% off each policy.
  • Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less for Rio coverage than drivers with accident claims.

Drivers should understand that many deductions do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like medical payments or collision. So even though it sounds like all the discounts add up to a free policy, auto insurance companies aren’t that generous.

For a list of providers with the best auto insurance discounts, follow this link.

Tailor your coverage to you

When it comes to buying coverage for your personal vehicles, there really is not a cookie cutter policy. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions might point out whether your personal situation could use an agent’s help.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • What can I do if my company won’t pay a claim?
  • Can my teen drive my company car?
  • What is PIP insurance?
  • What discounts do I qualify for?
  • Is motorclub coverage worth it?
  • How do I insure my teen driver?

If you can’t answer these questions but a few of them apply then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, free and can provide invaluable advice.

Insurance coverages explained

Having a good grasp of insurance can be of help when determining which coverages you need and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

Collision – This coverage covers damage to your Rio resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a ditch, hitting a parking meter and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a deer, hail damage and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as prosthetic devices, funeral costs, dental work, ambulance fees and surgery. They are used in conjunction with a health insurance program or if you lack health insurance entirely. It covers both the driver and occupants as well as being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Kia Rio.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability insurance – This provides protection from damage or injury you incur to other people or property in an accident. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims like loss of income, legal defense fees and attorney fees. How much liability should you purchase? That is up to you, but buy as much as you can afford.

Never pay more for less

In this article, we covered a lot of ways to shop for 2001 Kia Rio insurance online. It’s most important to understand that the more providers you compare, the better likelihood of reducing your rate. Drivers may discover the most savings is with a small mutual company. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.

As you shop your coverage around, it’s a bad idea to sacrifice coverage to reduce premiums. In many instances, an insured cut liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. Your focus should be to purchase plenty of coverage at the best price while not skimping on critical coverages.

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