Cheap 2006 Kia Spectra Insurance Rates

Having to pay for overpriced auto insurance can drain your bank account and force you to prioritize other expenses. Shopping your coverage around is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.

With consumers having so many options when it comes to auto insurance, it is very difficult to locate the best company.

It’s a great practice to check auto insurance prices once or twice a year because rates are usually higher with each renewal. Just because you had the best rates for Spectra insurance a year ago you can probably find a better price now. Forget anything you know (or think you know) about auto insurance because we’re going to demonstrate how to quote online to find the best coverage while lowering your premiums.

This article will familiarize you with how car insurance quotes work. If you currently have car insurance, you will most likely be able to cut costs considerably using this strategy. But drivers do need to learn how insurance companies sell online and apply this information to your search.

Compare the Market for Auto Insurance

The are a couple different ways of comparing rate quotes from different insurance companies. One of the best ways to find competitive 2006 Kia Spectra insurance rates involves getting comparison quotes online. This can be accomplished in several different ways.

  1. The most efficient way to get quotes is to use a rate comparison form click here to open form in new window. This form saves time by eliminating multiple quote forms for each company you want a rate for. Filling out one form compares rates from multiple companies.
  2. A more difficult way to find lower rates requires a visit to the website of each company and complete a new quote form. For sake of this example, let’s say you want to compare rates from State Farm, Esurance and American Family. You would have to visit each site to input your insurance information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but double check that you are using identical coverage limits on every quote you get. If you enter unequal deductibles or liability limits it will be next to impossible to truly determine the lowest rate. Just a small difference in insurance coverages can make a big difference in price. And when comparison shopping, having more price comparisons will increase your chances of finding the best rates.

You probably qualify for some discounts

Car insurance can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Some discounts apply automatically when you complete an application, but a few must be manually applied before they will apply.

  • New Car Discount – Insuring a new car is cheaper compared to insuring an older model.
  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class in school.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Bundle and Save – If you insure your home and vehicles with one insurance company you will save approximately 10% to 15%.
  • Drive Safe and Save – Drivers who avoid accidents may save up to 50% more for Spectra insurance than their less cautious counterparts.
  • One Accident Forgiven – Some insurance companies will forgive one accident without raising rates as long as you don’t have any claims prior to the accident.

It’s important to note that many deductions do not apply to the entire cost. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, insurance companies aren’t that generous. But any discount will bring down the amount you have to pay.

For a list of insurance companies with discount insurance rates, click this link.

There’s no such thing as the perfect policy

When it comes to buying adequate coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is a little different so your insurance needs to address that. These are some specific questions can aid in determining whether your personal situation might need professional guidance.

  • Should I put collision coverage on all my vehicles?
  • Do I need motorclub coverage?
  • What discounts do I qualify for?
  • Is upholstery damage covered by car insurance?
  • What are the financial responsibility laws in my state?
  • Does my medical payments coverage pay my health insurance deductible?
  • What is the ISO rating for a 2006 Kia Spectra?
  • Can I afford to buy a different vehicle if my 2006 Kia Spectra is totaled?
  • How much can I save by bundling my policies?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Specific coverages for a 2006 Kia Spectra

Understanding the coverages of insurance helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average insurance policy.

Comprehensive coverages

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, a broken windshield, damage from getting keyed, hitting a bird and fire damage. The maximum amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage

Collision insurance covers damage to your Spectra resulting from a collision with an object or car. 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, colliding with another moving vehicle, sustaining damage from a pot hole and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for prosthetic devices, surgery and doctor visits. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP is not available in all states and may carry a deductible

Liability auto insurance

Liability coverage provides protection from injuries or damage you cause to people or other property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as attorney fees, loss of income and bail bonds. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your 2006 Kia Spectra.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.