2002 Kia Optima Insurance Cost – 9 Savings Tips

Trying to find the cheapest insurance coverage rates for your Kia Optima? Have you had enough of not being able to afford to pay insurance coverage each month? You are no different than many other drivers. Vehicle owners have so many auto insurance companies to choose from, and though it is a good thing to have a choice, it makes it harder to compare rates and find the lowest cost insurance coverage.

It’s a great practice to compare premium rates on a regular basis because prices are adjusted regularly by insurance companies. Even if you got the best deal for Optima insurance a few years ago there may be better deals available now. Forget all the misinformation about insurance coverage because you’re going to get a crash course in how to use online quotes to save on insurance coverage.

Finding affordable coverage is not rocket science. If you currently have car insurance, you should be able to lower your premiums substantially using these methods. Consumers just need to understand the tricks to compare price quotes on the web.

Use discounts to get cheaper auto insurance rates

Insurance can be prohibitively expensive, but you may be missing some discounts to reduce the price significantly. Certain credits will be shown at the time of purchase, but a few must be specially asked for prior to receiving the credit.

  • Passive Restraints – Vehicles with factory air bags or automatic seat belts can qualify for discounts of up to 25% or more.
  • Driver Safety – Taking time to complete a course in defensive driving may get you a small discount and easily pay for the cost of the class.
  • Multi-Vehicle Discounts – Drivers who insure several vehicles on a single policy may reduce the rate for each vehicle.
  • Active Military Service – Having an actively deployed family member could qualify you for better rates.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and qualify for as much as a 10% discount.
  • Accident Waiver – This isn’t a discount exactly, but companies like Allstate and Progressive will forgive one accident without the usual rate increase so long as you haven’t had any claims before the accident.
  • Early Switch Discount – Select insurance companies give a discount for buying a policy before your current coverage expires. You could save around 10% when you buy auto insurance online.
  • Discounts for New Vehicles – Buying insurance coverage on a new vehicle is cheaper because new model year vehicles keep occupants safer.
  • Homeowners Savings – Simply owning a home can save a few bucks since owning and maintaining a home requires personal responsibility.

A little disclaimer on discounts, most discount credits are not given the the whole policy. Some only reduce specific coverage prices like comp or med pay. Even though it may seem like adding up those discounts means a free policy, that’s just not realistic.

A few popular companies and some of the premium reductions they offer are:

  • Progressive policyholders can earn discounts including continuous coverage, online signing, online quote discount, multi-policy, good student, homeowner, and multi-vehicle.
  • Farmers Insurance discounts include switch companies, multi-car, mature driver, business and professional, and homeowner.
  • Farm Bureau offers discounts including youthful driver, multi-policy, safe driver, good student, renewal discount, 55 and retired, and driver training.
  • State Farm offers premium reductions for good driver, multiple policy, student away at school, accident-free, and multiple autos.
  • GEICO may offer discounts for driver training, membership and employees, federal employee, good student, anti-lock brakes, and multi-policy.
  • SAFECO may include discounts for homeowner, teen safe driver, safe driver, multi-car, accident prevention training, teen safety rewards, and bundle discounts.
  • Liberty Mutual may have discounts that include teen driver discount, new move discount, multi-car, new vehicle discount, and new graduate.

Before buying, ask every insurance company how many discounts you can get. Depending on the company, some discounts may not apply in your area. If you would like to see a list of insurance companies who offer free auto insurance quotes, click here.

Free insurance coverage price quotes

The majority of larger companies allow consumers to get prices on their websites. Getting prices online is quite easy as you just type in the coverages you want into the form. After you submit the form the system will order credit information and your driving record and returns a price based on many factors. Quoting online makes it a lot easier to compare rates but having to visit many different websites and fill out multiple forms can be a bit tiresome and repetitive. But it’s very important to do this if you are searching for the lowest possible prices on insurance coverage.

A more efficient way to lower your insurance coverage bill utilizes a single form that gets prices from multiple companies. It saves time, eliminates form submissions, and makes comparison shopping a little more enjoyable. As soon as the form is sent, it gets priced and you are able to buy any one of the quotes returned. If you find a better price it’s easy to complete the application and purchase the new policy. The whole process can be completed in a matter of minutes and could lower your rates considerably.

To save time and compare rates now, click here to open in a new tab and complete the simple form. To compare your current rates, we recommend that you enter coverages and limits identical to your current policy. This guarantees you are getting a fair comparison for similar insurance coverage.

Tailor your insurance coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there is no perfect coverage plan. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Is my cargo covered for damage or theft?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How can I find cheaper teen driver insurance?
  • Am I covered if my car is in a flood?
  • Does insurance cover damages from a DUI accident?
  • How much underlying liability do I need for an umbrella policy?
  • Am I covered when pulling a rental trailer?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance coverage information

Having a good grasp of insurance aids in choosing which coverages you need for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by insurance companies.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like funeral costs, prosthetic devices, hospital visits and X-ray expenses. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Collision protection

Collision insurance pays for damage to your Optima resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a parking meter, damaging your car on a curb, crashing into a ditch, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive insurance

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

Comprehensive can pay for things such as damage from a tornado or hurricane, theft, falling objects, a broken windshield and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Kia Optima.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Auto liability insurance

Liability coverage will cover damage that occurs to people or other property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Liability coverage has 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 liability limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage pays for claims such as structural damage, legal defense fees and attorney fees. How much coverage you buy is up to you, but consider buying higher limits if possible.

More quotes. Lower rates.

We just presented a lot of techniques to save on 2002 Kia Optima insurance. The most important thing to understand is the more you quote auto insurance, the better your comparison will be. Consumers may even find the lowest prices are with some of the lesser-known companies. These smaller insurers often have lower rates on specific markets than their larger competitors like Progressive and GEICO.

As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. There have been many cases where someone sacrificed collision coverage only to regret they didn’t purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

Additional detailed information can be read at these sites: