2015 Kia Rio Insurance Quotes

Want better auto insurance rates? Drivers have options when trying to find the lowest priced Kia Rio insurance. You can either spend your time struggling with agents getting price quotes or leverage the internet to get rate quotes. There are more efficient ways to buy auto insurance and you need to know the best way to get price quotes for a Kia and get the lowest possible price from both online companies and local agents.

How car insurance companies determine Kia Rio insurance prices

Lots of things are used when quoting car insurance. A few of the factors are predictable like an MVR report, but other criteria are more transparent such as your marital status or your commute time.A large part of saving on insurance coverage is knowing some of the elements that are used to determine your premiums. If you understand what influences your rates, this empowers consumers to make smart changes that may reward you with better insurance coverage rates.

Listed below are most of the major factors companies use to determine premiums.

  • Accidents mean higher prices – Getting just one speeding ticket or other violation may increase your cost twenty percent or more. Good drivers tend to pay less for car insurance as compared to those with violations. Drivers who have gotten severe citations such as reckless driving, hit and run or driving under the influence may find that they have to to submit a SR-22 form with the DMV in their state in order to keep their license.
  • Certain occupations pay higher rates – Did you know that where you work can have an impact on rates? Careers such as lawyers, business owners and stock brokers tend to have the highest average rates because of job stress and long work hours. On the flip side, jobs such as farmers, students and homemakers have lower than average premiums on Rio coverage.
  • Five star crash test rating saves money – Cars with high safety ratings tend to have better insurance rates. Vehicles built for safety have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Kia scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
  • You may save more by bundling policies – Many insurance companies apply lower prices for people that buy multiple policies. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. Even if you’re getting this discount you still need to compare other insurance prices to help ensure you have the lowest rates. Drivers may still find a better deal by insuring with multiple companies.
  • Marriage is a factor – Walking down the aisle can get you a discount on your insurance coverage bill. Having a significant other may mean you are more financially stable and insurance companies reward insureds because married couples file fewer claims.
  • Bump up physical damage deductibles to lower rates – Protection for physical damage, termed comprehensive and collision coverage on your policy, helps pay for damage to your vehicle. Some coverage claims would be colliding with a building, collision with an animal, and having your car stolen. Your deductibles define the amount you are willing to pay if a claim is determined to be covered. The more expense the insured is willing to pay, the less money you will pay for insurance coverage on Rio coverage.
  • Do you know you’re credit rating? – Having a bad credit score can be an important factor in determining your rates. People that have high credit ratings tend to file fewer claims and have better driving records as compared to drivers with poor credit scores. If your credit could use some work, you could save money insuring your 2015 Kia Rio by improving your rating.

Shop insurance online

Finding a better price on insurance is not rocket science. The only thing you need to do is take time to compare rate quotes to find. Price comparisons can be done in just a few minutes using one of these methods.

  1. One of the fastest ways to find low rates would be an industry-wide quote request form like this one (opens in new window). This method keeps you from doing boring form submissions for every insurance company. One form submission will return quotes direct from many companies.It’s the quickest way to get rates.
  2. A different way to get comparison quotes is going to each individual company website and request a quote. For examples sake, let’s assume you want comparison quotes from Nationwide, 21st Century and GEICO. To get each rate you have to take the time to go to each site and repeatedly enter your information, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

  3. Even if you have time, the least recommended method to shop rates is making phone calls or going to insurance agents’ offices. The ability to buy insurance online eliminates the need for an insurance agent unless you require the professional abilities of a local agency. However, consumers can price shop online but purchase the actual policy in an agency.

You can use whichever method you prefer to find lower rates, just make sure you compare nearly identical coverage information for every quote you compare. If you compare unequal deductibles or liability limits you can’t possibly find the best deal for your Kia Rio.

Well known brands might not be cheapest

Consumers get pounded daily by advertisements that promise big savings by companies like State Farm, Allstate and GEICO. They all seem to convey the message that drivers will save a bundle if you change your policy.

How does every insurance coverage company say the same thing? It’s all in how they say it.

Most companies provide the lowest rates for the right customer that earns them the highest profit. For instance, this type of insured might be between the ages of 30 and 45, has a clean driving record, and does not commute to work. A propective insured who fits those characteristics will most likely get cheap premium rates and most likely will save money with a new company.

Potential insureds who cannot meet those standards may receive a more expensive rate and this results in business going elsewhere. If you pay attention, the ads say “drivers that switch” not “all people who quote” save that kind of money. That’s why insurance companies can advertise the way they do. Each company has different criteria, so you really should compare many company’s prices. It’s impossible to know which insurance coverage company will fit your personal profile best.

Save money with these discounts

Not too many consumers would say insurance is affordable, but there are discounts available to reduce the price significantly. Many discounts should be triggered when you quote, but occassionally some discounts must be requested specifically prior to getting the savings. If you do not check that you are getting every discount possible, you’re paying more than you need to.

  • Early Payment Discounts – By paying your entire bill at once instead of paying each month you may have a lower total premium amount.
  • Safety Course Discount – Taking part in a driver safety course is a good idea and can lower rates and easily recoup the cost of the course.
  • Telematics Devices – People who choose to allow driving data submission to scrutinize where and when they drive by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks as long as they are good drivers.
  • Sign Online – Some of the larger companies may give you up to $50 shop insurance on your computer.
  • Air Bag Discount – Options like air bags or automatic seat belts may qualify for discounts up to 30%.
  • Good Driver Discounts – Safe drivers could pay up to 40% less on Rio coverage as compared to drivers with claims.
  • Government Employees – Being employed by or retired from a federal job can save as much as 8% on Rio coverage depending on your insurance provider.
  • Drivers Education – Teen drivers should complete a driver education course in school.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and therefore earn up to a 10% discount.

Discounts save money, but please remember that most discounts do not apply to the entire cost. The majority will only reduce individual premiums such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

The best insurance companies and a partial list of their discounts can be found below.

  • American Family has savings for TimeAway discount, early bird, air bags, accident-free, and good driver.
  • Farm Bureau policyholders can earn discounts including good student, multi-policy, 55 and retired, driver training, safe driver, renewal discount, and multi-vehicle.
  • State Farm may offer discounts for Steer Clear safe driver discount, Drive Safe & Save, good student, defensive driving training, anti-theft, and student away at school.
  • Travelers offers premium reductions for early quote, home ownership, payment discounts, continuous insurance, and new car.
  • The Hartford offers discounts for vehicle fuel type, driver training, anti-theft, good student, and defensive driver.
  • GEICO includes discounts for seat belt use, daytime running lights, driver training, emergency military deployment, and five-year accident-free.
  • Progressive may have discounts that include multi-vehicle, multi-policy, homeowner, good student, online signing, and continuous coverage.

It’s a good idea to ask each company how you can save money. Some of the discounts discussed earlier may not be offered in every state. If you would like to see a list of insurers that can offer you the previously mentioned discounts, click here.

Insurance coverage can be complex

When buying proper insurance coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can aid in determining whether or not you would benefit from an agent’s advice.

  • What is the ISO rating for a 2015 Kia Rio?
  • Should I sign the liability waiver when renting a car?
  • Where can I get insurance after a DUI in my state?
  • Am I covered if I wreck a rental car?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • When would I need additional glass coverage?
  • Am I getting all the discounts available?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and may give you better protection.

Insurance specifics

Learning about specific coverages of your insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your 2015 Kia Rio.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for immediate expenses for prosthetic devices, surgery, dental work, ambulance fees and doctor visits. The coverages can be used in conjunction with a health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive insurance

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as falling objects, hitting a bird and theft. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for collisions

Collision insurance pays for damage to your Rio resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with a tree, hitting a parking meter, sustaining damage from a pot hole, colliding with another moving vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Liability car insurance

This provides protection from damage or injury you incur to other people or property by causing an accident. It protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things like bail bonds, medical services and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Make a quick buck

Budget-friendly insurance coverage is available both online as well as from insurance agents, and you should be comparing both to get a complete price analysis. Some insurance coverage companies don’t offer the ability to get quotes online and these regional carriers sell through independent insurance agents.

Insureds leave their current company for any number of reasons including policy non-renewal, delays in responding to claim requests, not issuing a premium refund or delays in paying claims. It doesn’t matter what your reason, choosing a new company can be easy and end up saving you some money.

As you go through the steps to switch your coverage, do not reduce coverage to reduce premium. There are many occasions where someone sacrificed physical damage coverage and discovered at claim time that it was a big error on their part. Your objective should be to get the best coverage possible for the lowest cost.

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