Save on 2010 Kia Optima Car Insurance Rates

Trying to find better car insurance rates for your Kia Optima? Scraping up a payment for pricey Kia Optima insurance can consume your personal savings and possibly require you to analyze your spending habits. Performing a price comparison can save money and help to lower your monthly bill.

Numerous insurance companies battle for your business, and it can be difficult to compare rates to find the absolute lowest cost out there.

You may qualify for discounts

Some insurance providers do not list all their discounts in an easy-to-find place, so we took the time to find a few of the more common and the more hidden discounts that you can inquire about if you buy insurance coverage online.

  • Buy New and Save – Buying a new car model can save you some money compared to insuring an older model.
  • Seat Belts Save more than Lives – Requiring all passengers to use a seat belt can save up to 15% on the premium charged for medical payments and/or PIP.
  • Paperwork-free – A handful of insurance companies give back up to $50 for signing up online.
  • Accident Forgiveness – This isn’t a discount exactly, but some companies like GEICO, State Farm, and Progressive permit an accident before they charge you more for coverage so long as you are claim-free for a set time period.
  • Military Discounts – Being deployed in the military may qualify for rate reductions.
  • Passive Restraint Discount – Vehicles equipped with air bags may qualify for discounts of more than 20%.
  • Onboard Data Collection – Drivers who elect to allow driving data collection to monitor vehicle usage by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive might see lower rates if they are good drivers.

One last thing about discounts, most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, that’s just not realistic. Any amount of discount should help reduce your policy premiums.

A list of companies and some of their more popular discounts include:

  • State Farm discounts include anti-theft, driver’s education, Steer Clear safe driver discount, multiple policy, and safe vehicle.
  • GEICO offers discounts for emergency military deployment, membership and employees, daytime running lights, multi-vehicle, multi-policy, anti-lock brakes, and driver training.
  • Liberty Mutual may include discounts for hybrid vehicle, teen driver discount, multi-car, safety features, and newly retired.
  • The Hartford has savings for anti-theft, defensive driver, bundle, good student, driver training, vehicle fuel type, and air bag.
  • MetLife may offer discounts for multi-policy, accident-free, good student, defensive driver, and claim-free.
  • Progressive has discounts for online quote discount, multi-policy, good student, online signing, homeowner, and continuous coverage.

If you want cheaper insurance coverage quotes, ask every prospective company to give you their best rates. Some credits might not apply in your area.

The cheapest insurance coverage price quotes

When shopping for insurance coverage there are multiple ways to compare rate quotes from many available insurance coverage companies in your state. The best way to find affordable 2010 Kia Optima insurance rates involves getting comparison quotes online. This is very easy and can be done in a couple minutes as outlined below.

  1. The first (and easiest) way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This type of form eliminates the need for boring form submissions for each price estimate. Completing one form gets you coverage quotes from several companies.
  2. A more time consuming way to find better pricing requires visiting the website of each company and fill out their own quote form. For sake of this example, let’s assume you want to compare rates from GEICO, 21st Century and State Farm. To get rate quotes you would need to go to each individual site to enter your coverage information, which explains why we recommend starting with the first method. For a list of links to insurance companies in your area, click here.
  3. The least recommended method to get price estimates is driving around to local insurance agencies. Buying insurance online has reduced the need for local agents unless you require the guidance of a local agent. It is possible with some companies get the lowest quotes online but still have the advice of a local agent.

Compare rates however you want, just try to keep the exact same coverage limits and deductibles on every quote you get. If each company quotes mixed coverages it’s impossible to make an equal comparison. Quoting even small variations in insurance coverages may result in a large different in cost. Just keep in mind that obtaining a wide range of quotes helps improve the odds of finding lower pricing.

There’s no such thing as the perfect insurance policy

When choosing the best insurance coverage for your personal vehicles, there is no one size fits all plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions can help discover if you will benefit from professional help.

  • What is an SR-22 filing?
  • Am I covered when driving a rental car?
  • When should I buy a commercial auto policy?
  • I have good health insurance, so how much medical payments coverage do I need?
  • How many claims can I have before being cancelled?
  • Should I drop comprehensive coverage on older vehicles?
  • Am I covered if I hit a deer?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Information about specific coverages

Knowing the specifics of insurance helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Liability coverage

This coverage can cover damage or injury you incur to people or other property that is your fault. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as repair bills for other people’s vehicles, attorney fees, emergency aid, medical services and repair costs for stationary objects. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Collision insurance

Collision coverage will pay to fix damage to your Optima caused by collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like crashing into a ditch, damaging your car on a curb, backing into a parked car, colliding with another moving vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as rock chips in glass, falling objects, vandalism and hitting a bird. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for immediate expenses like rehabilitation expenses, dental work, funeral costs and EMT expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Smart consumers save more

As you go through the steps to switch your coverage, make sure you don’t buy less coverage just to save a little money. In too many instances, someone sacrificed uninsured motorist or liability limits only to regret at claim time they didn’t purchase enough coverage. Your aim should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.

We just covered many ideas to lower your 2010 Kia Optima insurance rates. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest rates are with a small mutual company. Some small companies may have significantly lower car insurance rates on certain market segments than their larger competitors like Allstate and Progressive.

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