Lower Your 2004 Kia Spectra Insurance Rates

Want the cheapest car insurance rates for your Kia Spectra? Are you sick and tired of trying to scrape together enough money to pay your car insurance bill each month? You’re in the same situation as most other car owners. You have multiple insurers to buy insurance from, and though it is a good thing to be able to choose, it makes it harder to find a good deal.

It’s a good idea to price shop coverage every six months because rates change frequently. If you had the best price for Spectra coverage a couple years back a different company probably has better rates today. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to the things you must know in order to find the best coverage while lowering your premiums.

Kia Spectra rates influenced by many factors

An important part of buying insurance is that you know the factors that go into determining your auto insurance rates. Having a good understanding of what controls the rates you pay enables informed choices that could result in big savings.

Listed below are some of the factors auto insurance companies consider when setting premiums.

  • Traffic violations increase rates – Even one ticket can bump up the cost forty percent or more. Drivers who don’t get tickets have lower premiums than their less careful counterparts. If you have dangerous violations such as DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.
  • Your location affects your rates – Choosing to live in small towns and rural areas is a positive aspect when talking about auto insurance. Drivers who live in large cities tend to have more traffic problems and a longer drive to work. Fewer drivers means fewer accidents and a lower car theft rate.
  • Pay less if you’re married – Being married actually saves money on your policy. It means you’re more mature than a single person and statistics show married drivers get in fewer accidents.
  • Too many auto insurance claims drive up costs – Auto insurance companies award better rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can definitely plan on either higher rates or even cancellation. Insurance coverage is designed for the large, substantial claims.

Quick Insurance Coverage Quotes

Lowering your 2004 Kia Spectra insurance coverage rates doesn’t have to be difficult. All that’s required is to take the time comparing rate quotes provided by online insurance companies. This can be accomplished in several different ways.

  1. One of the simplest ways to get quotes for comparison is to use a rate comparison form like this one (opens in new window). This easy form prevents you from having to do multiple quote forms for each company you want a rate for. In just a few minutes this one form will return price quotes direct from many companies.
  2. A less efficient way to obtain and compare quotes online is going to the website for every company you want to comare and complete a new quote form. For example, let’s assume you want to compare rates from Allstate, Farmers and American Family. You would have to go to every website to input your insurance information, which is why the first method is quicker.

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

  3. The least efficient method of getting rate comparisons is to spend your day driving to insurance agents’ offices. The internet has reduced the need for local agents unless you want the professional advice of a local agent. Drivers can obtain prices from the web but buy from a local insurance agent. We’ll cover that shortly.

Which method you use is up to you, but compare exactly the same quote information on every quote. If the quotes have mixed coverages it will be next to impossible to determine the best price for your Kia Spectra.

Discounts to lower Kia Spectra insurance rates

Companies offering auto insurance don’t always list every available discount very clearly, so the following is a list of both well-publicized and the more hidden savings tricks you should be using. If you’re not getting every credit you qualify for, you are throwing money away.

  • Sign Early and Save – Some companies give discounts for switching policies prior to your current policy expiring. It can save you around 10%.
  • Organization Discounts – Participating in a qualifying organization could trigger savings when buying insurance for Spectra coverage.
  • No Accidents – Good drivers with no accidents pay less compared to bad drivers.
  • Accident Waiver – A few companies allow you one accident without raising rates if your claims history is clear for a certain period of time.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • New Car Discount – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.

Keep in mind that most of the big mark downs will not be given the the whole policy. Most only apply to individual premiums such as comp or med pay. Even though it may seem like you could get a free insurance policy, it doesn’t quite work that way.

Companies that may offer these benefits may include but are not limited to:

It’s a good idea to ask each insurance company which discounts you may be entitled to. Some discounts might not apply in your state.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions can help discover whether your personal situation might need an agent’s assistance.

  • Will filing a claim cost me more?
  • What is the ISO rating for a 2004 Kia Spectra?
  • I don’t drive much so do I pay less?
  • Do I need PIP coverage since I have good health insurance?
  • Do I need medical payments coverage since I have good health insurance?
  • How much can I save by bundling my policies?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • When can I cancel my policy?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It is quick, free and may give you better protection.

Insurance coverage basics

Learning about specific coverages of your policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on most insurance policies.

Comprehensive coverages

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like a broken windshield, damage from getting keyed, hitting a bird, hitting a deer and vandalism. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for expenses such as rehabilitation expenses, dental work, prosthetic devices, nursing services and chiropractic care. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This coverage will cover damage or injury you incur to other people or property by causing an accident. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims like legal defense fees, funeral expenses, pain and suffering, structural damage and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.

Collision protection

Collision insurance pays for damage to your Spectra from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as backing into a parked car, sustaining damage from a pot hole and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection 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 Spectra.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Find Good Coverage for Less

Lower-priced 2004 Kia Spectra insurance can be found from both online companies and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get a quote online and these small insurance companies work with independent agents.

In this article, we covered a lot of techniques to reduce insurance prices online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may even discover the best prices are with the smaller companies. Regional companies may cover specific market segments cheaper than their larger competitors like Progressive or GEICO.

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