View 2013 Kia Rio Insurance Rates

Want better insurance rates for your Kia Rio? Searching for more affordable insurance on the internet may be rather difficult for consumers that are not comfortable with quoting and buying their insurance on the web. With so many options of insurance companies available, how can drivers possibly compare all the different companies and get the cheapest price possible?

It’s a good idea to check insurance prices every six months because rates change frequently. Even if you got the best rate for Rio coverage on your last policy the chances are good that you can find a lower price today. You can find a lot of wrong information about insurance online, but in just a couple of minutes you can learn some good information on how to find cheap insurance.

Choosing the best insurance company for you is not rocket science. If you currently have car insurance, you will be able to save some money using these tips. Although consumers do need to understand how insurance companies compete online and use this information to your advantage.

Insurance premium influencing factors

Multiple criteria are considered when premium rates are determined. Some of the criteria are obvious like your driving record, although some other factors are more obscure like your vehicle usage or your financial responsibility.

The list below includes some of the items companies use to determine your rate level.

  • Employer reflects on prices – Did you know your job can affect your rates? Jobs like real estate brokersair traffic controllers and accountants tend to have higher average rates because of high stress and lengthy work days. On the flip side, careers like scientists, athletes and retirees get better rates for Rio coverage.
  • Do you need those extra coverages? – There are a lot of add-on coverages that you can get tricked into buying if you aren’t diligent. Add-on coverages like rental car reimbursement, better glass coverage, and extra life insurance coverage could be just wasting money. They may seem good when discussing your needs, but if you’ve never needed them in the past eliminate them to save money.
  • Liability coverage limits should be high – Your policy’s liability coverage will provide protection if ever you are ruled to be at fault for personal injury or accident damage. Your liability coverage provides for a legal defense to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should carry high limits.
  • Pay less after the wedding – Walking down the aisle may save some money when buying car insurance. Having a spouse translates into being more stable financially and insurance companies reward insureds because married couples file fewer claims.
  • Gender and insurance – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Females and males tend to get into fender benders in similar numbers, but guys cause more damage. Men also tend to get ticketed for serious violations like reckless driving and DUI. Teenage male drivers tend to get in the most accidents so it costs more to insure them.
  • Lower annual miles equals lower premium – The more you drive your Kia every year the more you’ll pay to insure it. Most insurance companies charge to insure your cars based on how the vehicle is used. Cars that are left in the garage qualify for better rates than vehicles that are driven to work every day. It’s a good idea to make sure your policy is showing the correct usage for each vehicle, because it can save money. A policy that improperly rates your Rio is throwing money out the window.
  • Raise deductibles and save – Physical damage coverage, also called comprehensive and collision insurance, covers your vehicle from damage. Some examples of claims that would be covered could be a dented fender, hitting a deer, and having your car stolen. The deductibles you choose define the amount you are willing to pay out-of-pocket if the claim is covered. The more damage repair cost you choose to pay out-of-pocket, the better rate you will receive for Rio coverage.

The best way we recommend to compare insurance rates in your area is to know the trick all the major auto insurance companies participate in a system to quote your coverage. The only thing you need to do is provide information including coverage limits, daily mileage, if you’re married, and your occupation. Your details gets sent immediately to insurance carriers in your area and they respond with quotes immediately.

Can you really save $436 a year?

Respected companies like GEICO, State Farm and Progressive endlessly run ads on television and other media. All the companies advertise the message of big savings if you get a free auto insurance quote and switch your policy. But how can every company offer drivers better rates? This is the trick they use.

Insurance providers have a preferred profile for a prospective insured that makes them money. For example, a desirable risk might be between the ages of 30 and 45, has never had a claim, and drives less than 5,000 miles a year. Anyone who matches those parameters is entitled to the best price and will save quite a bit of money when switching.

Potential insureds who do not match these stringent criteria must pay a higher premium and business not being written. The trick companies use is to say “drivers who switch” not “all people who quote” can get the lowest rates when switching. That is how companies can state the savings. This emphasizes why it’s extremely important to compare many company’s rates. It’s just too difficult to predict which insurance companies will fit you best based on your risk profile.

Insurance companies offer many discounts

Companies don’t necessarily list every discount they offer very clearly, so the list below gives a summary of a few of the more common and the more hidden credits that you can use to lower your rates.

  • Full Payment Discount – By paying your policy upfront as opposed to paying monthly you can avoid monthly service charges.
  • Waiver for an Accident – Not a discount per se, but companies like Progressive and Allstate will let one accident slide without getting socked with a rate hike so long as you are claim-free for a set time period.
  • Military Deployment Discount – Being on active deployment in the military could qualify you for better rates.
  • Student Discounts – This discount can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up until you turn 25.
  • Low Mileage Discounts – Low annual miles could be rewarded with lower insurancerates due to less chance of an accident.
  • Employee of Federal Government – Active or retired federal employment could provide a small rate reduction for Rio coverage with certain companies.
  • Homeowners Discount – Owning your own home or condo may trigger a policy discount on insurance because owning a home means you have a higher level of financial diligence.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, that’s just not realistic.

To view companies that offer the discounts shown above, click this link.

Do I just need basic coverages?

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine whether you may require specific advice.

  • When does my teenage driver need to be added to my policy?
  • When can I cancel my policy?
  • Exactly who is provided coverage by my policy?
  • How much can I save by bundling my policies?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Is my custom paint covered by insurance?
  • Should I bundle my homeowners policy with my auto?
  • Where can I find high-risk insurance?
  • Am I covered when driving someone else’s vehicle?
  • Does my 2013 Kia Rio need full coverage?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Car insurance 101

Having a good grasp of car insurance can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Auto liability – This coverage will cover damage that occurs to other people or property that is your fault. It protects YOU from claims by other people, and does not provide coverage for 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 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for things like repair bills for other people’s vehicles, repair costs for stationary objects and medical expenses. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like funeral costs, hospital visits and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage – Collision coverage covers damage to your Rio from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like scraping a guard rail, crashing into a building and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as damage from flooding, hitting a bird, fire damage and theft. The maximum amount your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Online plus local equals savings

Cheap 2013 Kia Rio insurance is attainable both online in addition to local insurance agencies, so get free auto insurance quotes from both of them in order to have the best chance of saving money. Some insurance companies do not provide internet price quotes and many times these smaller providers sell through independent insurance agencies.

People switch companies for any number of reasons including policy non-renewal, policy cancellation, an unsatisfactory settlement offer or even delays in responding to claim requests. It doesn’t matter why you want to switch choosing a new insurance company can be less work than you think.

As you restructure your insurance plan, don’t be tempted to sacrifice coverage to reduce premiums. In many instances, consumers will sacrifice full coverage and learned later they didn’t have enough coverage. The aim is to buy a smart amount of coverage for the lowest cost while still protecting your assets.

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