2014 Kia Optima Insurance Quotes

Having to pay for high-priced car insurance can deplete your budget and make it tough to pay other bills. Doing a price comparison can be a smart way to tighten up your finances.

Multiple insurers compete for your insurance dollar, and it can be difficult to compare rates and get the definite best rate

It’s a good idea to get comparison quotes at least once a year because insurance prices are usually higher with each renewal. Just because you found the best price for Optima insurance at your last renewal a different company probably has better rates today. There are lots of tips to save on car insurance online, but in just a couple of minutes you can learn some great ways to lower your car insurance bill.

If you have a policy now or are just looking to switch companies, you can use this information to cut your premiums and still get good coverage. Finding the best rates is quite easy. Drivers only need an understanding of the tricks to buy insurance on the web.

Ways to get car insurance price quotes

Getting a cheaper price on 2014 Kia Optima insurance is actually quite simple. You just have to take a couple of minutes comparing free insurance coverage quotes from online providers. It’s super easy and can be done using one of these methods.

The most efficient way to get quotes is to use a rate comparison form like this one (opens in new window). This style of form prevents you from having to do separate forms to each individual car insurance company. A single, simple form will get you rate comparisons instantly.

A more time consuming way to compare rate quotes requires a trip to the website of each company and fill out their own quote form. For examples sake, we’ll assume you need rates from Allstate, Farmers and GMAC. In order to get each rate, you would have to spend time on each company’s site and enter your policy data, which can get rather old.

For a handy list of car insurance company links in your area, click here.

You can choose any of those ways to find more affodable coverage, but compare the exact same coverage limits and deductibles for every company. If you compare different values for each quote you will not be able to get a fair rate comparison.

Are you qualifying for every discount?

Auto insurance can be pricey, but there could be significant discounts that you may not know about. Certain discounts will be applied when you quote, but some may not be applied and must be requested specifically prior to getting the savings. If you do not double check each discount available, you are throwing money away.

  • Payment Method – If you pay your entire premium ahead of time rather than paying in monthly installments you may reduce your total bill.
  • Driver Education Discount – Have your child take driver’s ed class in school or through a local driver safety program.
  • Telematics Devices – Drivers who elect to allow companies to study when and where they use their vehicle by installing a telematics device such as Progressive’s Snapshot might see lower rates if they have good driving habits.
  • Passenger Safety Discount – Vehicles with factory air bags or motorized seat belts may qualify for discounts of more than 20%.
  • Discounts for Government Workers – Simply working for the federal government could cut as much as 10% off for Optima insurance with a few auto insurance companies.
  • E-sign Discounts – Some companies give back up to $50 for buying a policy and signing up on your computer.
  • One Accident Forgiven – Not necessarily a discount, but companies like GEICO, Allstate and Liberty Mutual will turn a blind eye to one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
  • ABS Brakes – Vehicles with ABS and/or traction control have fewer accidents so companies give up to a 10% discount.
  • Mature Driver Discount – Mature drivers are able to get a slight reduction on a insurance coverage quote for Optima insurance.
  • Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you lower rates if you buy auto and life insurance together.

It’s important to note that most discount credits are not given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates it’s possible to get free car insurance, that’s just not realistic.

A list of companies and a summarized list of policyholder discounts can be read below.

  • GEICO policyholders can earn discounts including good student, federal employee, daytime running lights, membership and employees, and five-year accident-free.
  • SAFECO offers discounts for anti-theft, multi-car, teen safety rewards, teen safe driver, bundle discounts, homeowner, and drive less.
  • State Farm may offer discounts for anti-theft, Steer Clear safe driver discount, accident-free, safe vehicle, and passive restraint.
  • MetLife offers premium reductions for accident-free, good driver, good student, multi-policy, and defensive driver.
  • 21st Century includes discounts for student driver, anti-lock brakes, good student, air bags, and automatic seat belts.
  • Progressive discounts include homeowner, good student, multi-vehicle, online quote discount, multi-policy, online signing, and continuous coverage.

When quoting, ask every insurance company the best way to save money. Some of the earlier mentioned discounts might not be offered in your area. To choose insurers who offer online auto insurance quotes, click here.

Find more affordable car insurance with these tips

When buying car insurance it’s important to understand some of the things that go into determining the price you pay for car insurance. When consumers understand what influences your rates, this enables informed choices that can help you get better car insurance rates.

The itemized list below are some of the factors used by your company to calculate your rate level.

  • Stay claim-free and save money – Auto insurance companies award better rates to people who only file infrequent claims. If you file a lot of claims you can pretty much guarantee increased rates or even have your policy non-renewed. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Never let your car insurance policy lapse – Not having insurance can get you a ticket and your next policy will cost more because you let your coverage cancel without a new policy in place. Not only will rates go up, getting caught without coverage may earn you fines or a revoked license. You will then be forced to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Single vs. married – Having a wife or husband helps lower the price when shopping for car insurance. Marriage means you’re more mature than a single person and it’s statistically proven that drivers who are married are more cautious.
  • Lower physical damage deductibles cost more – Comp and collision deductibles tell how much you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage protection, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some instances where coverage would apply are colliding with a stationary object, collision with a deer, and damage caused by road hazards. The more of the claim you have to pay, the better rate you will receive for Optima insurance.
  • Premiums also based on gender – Over time, data shows women tend to be less risk to insure than men. This data doesn’t prove that females are better at driving than males. Females and males are responsible for auto accidents in similar percentages, but guys have accidents that have higher claims. Men also tend to get ticketed for serious violations like driving under the influence (DUI). Male drivers age 16 to 19 cause the most accidents and thus pay the highest rates.
  • Consolidating policies can get discounts – Most larger insurers provide a discount for people who consolidate policies with them such as combining an auto and homeowners policy. This can amount to ten percent or more. Even if you qualify for this discount already, consumers should still shop around to guarantee you are still saving the most.
  • Liability risk factors in – Your car insurance policy’s liability coverage will protect you in the event that you are responsible for personal injury or accident damage. It provides legal defense to attempt to prove you were not liable. Liability is cheap compared to physical damage coverage, so do not skimp.
  • Drive fewer miles and save – The more you drive in a year’s time the more you will pay for car insurance. A lot of companies charge rates based upon how the vehicle is primarily used. Autos used primarily for pleasure use get more affordable rates than vehicles that are driven to work every day. Ask your agent if your car insurance policy states the correct usage for each vehicle, because it can save money. A policy that improperly rates your Optima may be wasting your money.

When in doubt talk to an agent

When choosing the right insurance coverage, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions might point out whether or not you may require specific advice.

  • Is my ex-spouse still covered by my policy?
  • Are rental cars covered under my policy?
  • When can my company non-renew my policy?
  • What is the rate difference between pleasure use and commuting?
  • Am I getting all the discounts available?
  • Is my cargo covered for damage or theft?
  • Will filing a claim cost me more?
  • Does liability extend to a camper or trailer?
  • What should my uninsured motorist coverage limits be in my state?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

What auto insurance coverages do you need?

Learning about specific coverages of your auto insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages available from auto insurance companies.

Comprehensive coverage (or Other than Collision) – This pays for 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 coverage protects against things such as damage from flooding, hitting a deer, fire damage and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision – This covers damage to your Optima 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 pays for things such as driving through your garage door, colliding with another moving vehicle and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as damage to your Kia Optima.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like surgery, funeral costs, ambulance fees and dental work. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Coverage for liability – Liability coverage can cover damage that occurs to people or other property. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage pays for things such as legal defense fees, pain and suffering, repair costs for stationary objects and court costs. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Shop around and save

In this article, we covered many ways to lower your 2014 Kia Optima insurance premium rates. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may even discover the best price on auto insurance is with some of the lesser-known companies. They can often insure niche markets at a lower cost than the large multi-state companies such as State Farm or Progressive.

Some companies may not have online quoting small, regional companies sell through independent agencies. Lower-priced auto insurance can be found from both online companies as well as from independent agents, and you need to price shop both to have the best rate selection.

More information is available on the following sites: