2003 Kia Spectra Insurance Cost

Are you drained from trying to scrape together enough money each month for auto insurance? You have the same problem as many other consumers. Consumers have many insurance companies to insure vehicles with, and though it is a good thing to have a selection, too many choices makes it more difficult to find a good deal.

It’s smart to shop coverage around before your next renewal since rates change quite often. If you had the lowest rate on Spectra insurance a couple years back there is a good chance you can find better prices now. Forget anything you know (or think you know) about auto insurance because it’s time to teach you how to quote online to remove unneeded coverages and save money.

The quickest method we recommend to compare rates is to know almost all companies allow for online access to give free rates quotes. To begin a comparison, all you need to do is give them rating details like your education level, your job, coverage limits, and an estimate of your credit level. Your insurance information is sent automatically to many of the top insurers and they return rate quotes within a short period of time.

If you would like to compare rates now, click here and see if a lower rate is available.

Discounts can really help lower rates

Properly insuring your vehicles can get expensive, but you can get discounts that can dramatically reduce your bill. Some of these disounts will be visible at the time of purchase, but once in a while a discount must be asked for in order for you to get them.

  • Use Seat Belts – Drivers who require all occupants to buckle their seat belts can save up to 10 percent (depending on the company) off the personal injury premium cost.
  • Mature Driver Discount – If you qualify as a senior citizen, you may be able to get lower premium rates on Spectra insurance.
  • Student in College – Kids who are enrolled in higher education away from home without a vehicle on campus can receive lower rates.
  • Discount for New Cars – Insuring a new car can be considerably cheaper because newer vehicles have to meet stringent safety requirements.
  • No Claim Discounts – Drivers with accident-free driving histories are rewarded with significantly better rates on insurance quote when compared with drivers who are more careless.
  • Discount for Good Grades – Being a good student may save as much as 25% on a insurance quote. Most companies allow this discount up to age 25.
  • Student Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class as it will make them better drivers and lower rates.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.
  • Discount for Life Insurance – Companies who offer life insurance give better insurancerates if you take out life insurance from them.
  • Pay Upfront and Save – By making one initial payment rather than spreading payments over time you could save 5% or more.

Consumers should know that most of the big mark downs will not be given to the entire cost. A few only apply to the cost of specific coverages such as comp or med pay. Even though it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way. But all discounts will positively reduce your policy premium.

Companies and some of the premium reductions they offer are:

  • 21st Century may offer discounts for student driver, homeowners, early bird, anti-lock brakes, driver training, and teen driver.
  • Progressive offers discounts including multi-policy, multi-vehicle, continuous coverage, good student, and online quote discount.
  • State Farm discounts include student away at school, safe vehicle, anti-theft, defensive driving training, and Drive Safe & Save.
  • Nationwide has savings for accident-free, multi-policy, business or organization, family plan, Farm Bureau membership, and easy pay.
  • Esurance may include discounts for Pac-12 alumni, emergency road assistance, good driver, homeowner, and good student.
  • The Hartford includes discounts for good student, anti-theft, vehicle fuel type, driver training, defensive driver, and air bag.

Before you buy a policy, ask all companies you are considering how many discounts you can get. Discounts may not be available in your area. If you would like to see a list of insurance companies with the best discounts, click this link.

Will just any policy work for me?

When choosing the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. These are some specific questions might point out if your insurance needs would benefit from professional advice.

  • Should I have a commercial auto policy?
  • What is the minimum liability in my state?
  • Am I insured when driving a different vehicle?
  • Am I covered when delivering products for my home-based business?
  • Is rental equipment covered for theft or damage?
  • What exactly is covered by my policy?
  • How can I force my company to pay a claim?
  • Do I benefit by insuring my home with the same company?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

How you can control Kia Spectra insurance costs

Many things are taken into consideration when you get your auto insurance bill. Most are fairly basic like an MVR report, although some other factors are more obscure such as your credit history or your vehicle rating.A large part of saving on car insurance is knowing some of the factors that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively controls the rates you pay, this helps enable you to make changes that could help you find big savings.

  • Battle of the sexes – Over the last 50 years, statistics have shown that females take fewer risks when driving. This data doesn’t prove that women are better drivers. Women and men are responsible for at-fault accidents in similar percentages, but the males get into accidents with more damage. Men also get higher numbers of serious violations like DWI (DUI) or reckless driving.
  • If you don’t need it don’t buy it – There are many add-on coverages that can waste your money if you don’t pay attention. Things like coverage for rental cars, accident forgiveness, and motor club memberships are probably not needed. They may seem good when discussing your needs, but now you might not need them so get rid of them and save.
  • Multiple policies with one company can save – The majority of companies will award a discount to clients that have more than one policy in the form of a multi-policy discount. Discounts can add up to 10 percent or more. Even if you’re getting this discount you still need to compare other company rates to verify if the discount is saving money.There is a chance you can find lower rates by buying insurance from more than one company.
  • Alarms and GPS tracking systems cut rates – Purchasing a vehicle that has a built-in theft deterrent system can save you a little every year. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft and help lower rates.
  • Credit score impacts rates – An insured’s credit score can be an important factor in determining your rates. People that have high credit scores tend to be more responsible than drivers who have worse credit. Therefore, if your credit rating can be improved, you may save money insuring your 2003 Kia Spectra by taking the time to improve your credit score.
  • How much liability – Your car insurance policy’s liability coverage will afford coverage if you are determined to be liable for damages caused by your negligence. Liability insurance provides for a legal defense to attempt to prove you were not liable. This coverage is relatively inexpensive compared to physical damage coverage, so do not skimp.

Insurance coverage specifics

Having a good grasp of your insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverages found on most insurance policies.

Comprehensive protection – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like rock chips in glass, falling objects, damage from a tornado or hurricane, vandalism and damage from getting keyed. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability insurance – This coverage can cover damages or injuries you inflict on other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

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 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims like funeral expenses, structural damage, bail bonds, medical expenses and loss of income. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured or underinsured coverage – This coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2003 Kia Spectra.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical expense coverage – Med pay and PIP coverage pay for bills for things like doctor visits, rehabilitation expenses, hospital visits, ambulance fees and EMT expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision coverage – Collision coverage will pay to fix damage to your Spectra from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a parking meter, scraping a guard rail, sideswiping another vehicle and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Best coverage at the best price

As you prepare to switch companies, it’s very important that you do not skimp on coverage in order to save money. There are many occasions where an insured cut liability limits or collision coverage only to regret they didn’t purchase enough coverage. The ultimate goal is to buy a smart amount of coverage for the lowest price but still have enough coverage for asset protection.

Throughout this article, we presented a lot of information how to get a better price on 2003 Kia Spectra insurance. The key thing to remember is the more rate quotes you have, the better your comparison will be. Consumers may even find the biggest savings come from a lesser-known regional company. They may have significantly lower premium rates on certain market segments than their larger competitors like Progressive and GEICO.

Lower-priced car insurance is attainable online in addition to local insurance agencies, so you should be comparing quotes from both so you have a total pricing picture. Some car insurance companies may not have price quotes online and these smaller companies work with independent agents.

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