2002 Kia Rio Insurance Cost

Searching for cheaper car insurance rates for your Kia Rio? Locating cheaper insurance for a Kia Rio could be an all-consuming task, but you can learn our car insurance buying tips and make it easy. There are both good and bad ways to buy car insurance so you’re going to learn the proper way to quote coverages for your Kia and obtain the lowest possible price either online or from local insurance agents.

Consumers should take time to do price comparisons quite often because prices tend to go up over time. Even if you got the best deal on Rio coverage at your last renewal you can probably find a lower rate today. Forget all the misinformation about car insurance because you’re about to learn one of the easiest ways to get good coverage at a lower rate.

The quickest method to compare car insurance company rates utilizes the fact most of the bigger providers will pay a fee to compare their rates. The one thing you need to do is provide a small amount of information like how many miles driven, the year, make and model of vehicles, how much school you completed, and whether you drive to work or school. That rating information is instantly provided to all major companies and you should receive rate quotes quickly.

Take policy discounts and save

Companies offering auto insurance don’t always advertise every policy discount very clearly, so we break down some of the more common and the more hidden discounts that you can inquire about if you buy auto insurance online.

  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for a slight reduction on a auto insurance quote on Rio coverage.
  • Early Switch Discount – A few larger companies allow discounts for switching companies prior to your current policy expiring. It’s a savings of about 10%.
  • Active Military Service – Being deployed with a military unit may lower your insurance rates slightly.
  • Savings for New Vehicles – Buying a new car instead of a used car is cheaper compared to insuring an older model.
  • Home Ownership Discount – Owning your own home or condo can help you save on insurance because of the fact that having a home is proof of financial responsibility.
  • First Accident Forgiveness – This one isn’t a discount, but a few companies such as State Farm and GEICO will turn a blind eye to one accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Multi-policy Discount – If you combine your homeowners and auto policies and place coverage with the same company they may give you a discount of at least 10% off all policies.
  • Good Students Pay Less – Maintaining excellent grades can earn a discount of 20% or more. The good student discount can last well after school through age 25.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents and earn discounts up to 10%.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, nobody gets a free ride.

The best insurance companies and their possible discounts can be found below.

  • State Farm may offer discounts for safe vehicle, accident-free, good driver, Drive Safe & Save, multiple autos, and defensive driving training.
  • American Family has discounts for multi-vehicle, early bird, TimeAway discount, Steer into Savings, mySafetyValet, defensive driver, and good driver.
  • GEICO has savings for daytime running lights, anti-theft, military active duty, driver training, anti-lock brakes, and defensive driver.
  • 21st Century offers discounts including homeowners, defensive driver, early bird, anti-lock brakes, driver training, and 55 and older.
  • Progressive discounts include multi-vehicle, online quote discount, homeowner, good student, and multi-policy.

It’s a good idea to ask each company or agent to apply every possible discount. Some of the earlier mentioned discounts may not apply to policies in your area. To find insurance companies that have a full spectrum of discounts, click this link.

Which policy gives me the best coverage?

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions may help highlight if you may require specific advice.

  • Am I insured when driving a different vehicle?
  • Is my dog or cat covered if injured in an accident?
  • When can my company non-renew my policy?
  • Where can I find DUI or SR-22 insurance?
  • Do I need an umbrella policy?
  • When do I need to add a new car to my policy?
  • Can my babysitter drive my car?
  • Should I buy only the required minimum liability coverage?
  • How high should my uninsured/underinsured coverage be in my state?
  • What if I owe more than I can insure my car for?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and may give you better protection.

What insurance coverages do you need?

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Auto liability insurance

Liability coverage provides protection from damage or injury you incur to a person or their property in an accident. It protects YOU against claims from other people, 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 might see values of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims like funeral expenses, loss of income, bail bonds and emergency aid. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your 2002 Kia Rio.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision protection

This covers damage to your Rio from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as rolling your car, crashing into a ditch, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hitting a bird, falling objects and damage from flooding. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like ambulance fees, hospital visits, funeral costs, nursing services and doctor visits. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage