Looking for better insurance rates for your Kia Optima? Expensive insurance can dwindle your savings account and force you to prioritize other expenses. Shopping your coverage around is a great way to cut your insurance bill.
There are many insurance companies to purchase coverage from, and although it’s nice to have multiple companies, it makes it harder to get the best deal.
Consumers need to shop coverage around at least once a year since rates are usually higher with each renewal. Even if you think you had the best price on Optima coverage a few years ago you can probably find a better price now. Forget anything you know (or think you know) about insurance because you’re about to learn the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.
Companies offering auto insurance do not advertise all available discounts in a way that’s easy to find, so the following is a list of some of the best known as well as the least known savings tricks you should be using.
It’s important to note that many deductions do not apply to the entire policy premium. The majority will only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like adding up those discounts means a free policy, you’re out of luck.
Insurance companies who might offer these discounts are:
Check with each insurance company which discounts they offer. Some discounts might not apply in your area.
All the larger car insurance companies such as Progressive, GEICO, Allstate and State Farm provide prices directly from their websites. This process doesn’t take much effort as you simply type in your personal and coverage information as detailed in the form. Once entered, the company’s rating system automatically orders your driving and credit reports and quotes a price based on these factors. This simplifies rate comparisons, but the time required to go to a lot of sites and complete many quote forms can be a bit tiresome and repetitive. Unfortunately, it is important to get many rate quotes if you want to find the best price on car insurance.
The smarter way to find lower prices is to use a quote form to return rates from several different companies. It saves time, eliminates repetitive work, and makes rate comparisons much easier. Once the form is submitted, it gets priced with multiple companies and you can pick any or none of the quote results. If the quotes result in lower rates, you can simply submit the application and buy the new coverage. The whole process takes less than 15 minutes and you’ll know if lower rates are available.
In order to find out how much you’re overpaying now, simply click here to open in new window and enter your information. If you have your current policy handy, we recommend you enter the coverage information as shown on your current policy. Using the same limits helps guarantee you will receive a rate comparison based on the exact same insurance coverage.
When buying proper insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every situation is different so your insurance needs to address that. For example, these questions might point out if your insurance needs will benefit from professional help.
If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Knowing the specifics of your policy aids in choosing the right coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverages offered by insurance companies.
Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things such as damage from flooding, damage from getting keyed and rock chips in glass. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
This coverage protects you from damage that occurs to other’s property or people in an accident. It protects YOU against other people’s claims, and does not provide coverage for 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. As an example, you may have values of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability can pay for things like medical services, loss of income and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.
Medical expense coverage
Med pay and PIP coverage pay for bills such as funeral costs, ambulance fees and surgery. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Uninsured or underinsured coverage
This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Kia Optima.
Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.
Collision coverage protection
Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as sustaining damage from a pot hole, driving through your garage door and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
As you prepare to switch companies, it’s not a good idea to buy less coverage just to save a little money. There are too many instances where consumers will sacrifice physical damage coverage only to regret at claim time they didn’t have enough coverage. Your focus should be to get the best coverage possible for the lowest price.
Cheap 2010 Kia Optima insurance can be purchased from both online companies in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some companies do not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.