Lower Your 2002 Kia Optima Insurance Quotes

Having to pay for overpriced Kia Optima insurance can drain your personal savings and put the squeeze on your family’s finances. Comparing price quotes is a smart way to cut your insurance bill.

Popular companies such as State Farm, Progressive and GEICO continually bombard you with catchy ads and it is challenging if not impossible to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

Comprehensive Insurance Comparison Quotes

The are a couple different ways to compare quotes from different insurance companies. The recommended way to find the lowest 2002 Kia Optima rates is simply to get online rate quotes. This is very easy and can be done in just a few minutes using one of these methods.

  • The fastest way to get quotes for comparison is an all-inclusive rate comparison click here to open form in new window. This method prevents you from having to do separate quotes to each individual insurance company. One form submission gets rate comparisons from several companies.
  • A more time consuming way to compare prices requires visiting the website for every company you want to comare and complete a new quote form. For example, we’ll pretend you want rates from GEICO, Farmers and Allstate. To find out each rate you need to go to every website to input your insurance information, which is why the first method is quicker. To view a list of companies in your area, click here.
  • The hardest method to get comparison rates is to drive around to and from local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you have a need for the professional advice that only a license agent can provide. You can, however, comparison shop your insurance online and get advice from an agent in your area. We’ll cover that shortly.

However you get your quotes, make absolute certain that you use exactly the same information on every quote you get. If each company quotes mixed coverages it’s impossible to decipher which rate is best. Just a small difference in coverage limits may result in large price differences. Keep in mind that comparing a large number of companies will increase your chances of finding better pricing.

Can you really save that much by switching?

Auto insurance providers like Allstate and Progressive continually stream television and radio advertisements. They all have a common claim of big savings after switching to them. How does each company make the same claim?

All the different companies have a preferred profile for the type of customer that is profitable for them. A good example of a profitable customer might be profiled as over the age of 50, has no tickets, and drives less than 7,500 miles a year. A customer who matches those parameters gets the lowest rates and is almost guaranteed to save when switching.

Drivers who fall outside this ideal profile will be charged more money and ends up with the customer not buying. The ads state “customers that switch” not “people who quote” save money. That’s the way insurance companies can advertise the savings.

That is why you need to compare as many rates as you can. It’s impossible to know which company will give you the biggest savings on Kia Optima insurance.

Lesser-known factors impacting Kia Optima insurance rates

Smart consumers have a good feel for the different types of things that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that can help you get better auto insurance rates.

Shown below are some of the items companies use to determine your rates.

  • Rates may be higher depending on your occupation – Occupations like doctors, architects and financial analysts have higher average rates attributed to job stress and lengthy work days. Conversely, professions such as scientists, engineers and the unemployed get better rates on Optima coverage.
  • Do you need the policy add-ons? – There are quite a few extra bells and whistles that you can buy when buying auto insurance. Insurance for rental car reimbursement, towing coverage and membership fees may be costing you every month. They may seem good at first, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Lower miles equals lower premium – The higher the mileage driven each year the higher your rate. Almost all companies price each vehicle’s coverage based on their usage. Cars used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. Double check that your auto insurance declarations sheet shows the correct usage for each vehicle, because it can save money. If your policy improperly rates your Optima can cost quite a bit.
  • Where you reside plays a part – Being located in a rural area has it’s advantages when buying auto insurance. City drivers have congested traffic and longer commutes to work. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims.

Don’t pay full price with these discounts

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Some trigger automatically at the time you complete a quote, but some may not be applied and must be manually applied before you get the savings.

  • Early Signing – Select companies give a discount for buying a policy prior to your current policy expiration. This can save 10% or more.
  • Homeowners Pay Less – Being a homeowner can save you money due to the fact that maintaining a home requires personal responsibility.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of paying each month you could save 5% or more.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance.
  • Service Members Pay Less – Having a family member in the military can result in better rates.
  • No Accidents – Drivers who don’t have accidents can earn big discounts when compared with drivers who are more careless.
  • College Student – Any of your kids who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.

It’s important to note that most discount credits are not given to all coverage premiums. Some only apply to individual premiums such as collision or personal injury protection. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky. But all discounts will reduce your premiums.

For a list of insurers who offer auto insurance discounts, click here to view.

Your personal situation dictates your coverage

When it comes to buying the best insurance coverage coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions could help you determine whether your personal situation might need an agent’s assistance.

  • Is my Kia Optima covered if I use it for business?
  • Is a new car covered when I drive it off the dealer lot?
  • Is my 2002 Kia Optima covered for smoke damage?
  • Do I need an umbrella policy?
  • Will filing a claim cost me more?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area.

Insurance coverages explained

Understanding the coverages of your insurance policy aids in choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and reading a policy is terribly boring. These are the normal coverages found on most insurance policies.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for expenses such as pain medications, nursing services, dental work, X-ray expenses and surgery. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like fire damage, hail damage, rock chips in glass, vandalism and a broken windshield. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability insurance provides protection from damage that occurs to a person or their property in an accident. This coverage protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like emergency aid, medical services and medical expenses. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage 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. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these coverages are set the same as your liablity limits.

Collision coverage

This pays for damage to your Optima caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as hitting a parking meter, sideswiping another vehicle, scraping a guard rail, hitting a mailbox and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

Coverage on a shoestring budget

Low-cost 2002 Kia Optima insurance can be bought from both online companies and with local insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance providers do not offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

We just showed you many tips how you can shop for insurance online. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from the smaller companies. Some small companies may have significantly lower rates on certain market segments than their larger competitors like State Farm, GEICO and Nationwide.

Even more information can be read at these sites: