2016 Kia Optima Insurance Rates

Want the cheapest auto insurance rates for your Kia Optima? Trying to find the cheapest insurance for a Kia Optima can normally be difficult, but you can learn the following methods and make it easy. There are more efficient ways to shop for auto insurance and you need to know the proper way to price shop coverage on a Kia and get the lowest price from both online companies and local agents.

If you have a current auto insurance policy or are shopping for new coverage, you can learn to reduce the price you pay while maximizing coverage. Finding more affordable coverage is not that difficult. Consumers just need to learn the proper methods to compare rates online.

Discounts for cheap car insurance rates

Car insurance companies do not list every available discount very clearly, so the following is a list of some of the more common as well as some of the hidden ways to save on car insurance.

  • Discounts for Seat Belt Usage – Requiring all passengers to buckle up can save up to 15% on medical payment and PIP coverage.
  • Telematics Devices – Insureds who allow driving data collection to analyze driving manner by using a small device installed in their vehicle such as State Farm’s In-Drive could save a few bucks if they have good driving habits.
  • Save with More Vehicles Insured – Buying a policy with more than one vehicle on the same car insurance policy can get a discount on all vehicles.
  • Safe Driver Discount – Insureds without accidents can save as much as half off their rates for Optima coverage as compared to drivers with claims.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current expiration date. You may see this discount when you get insurance quotes online.
  • Federal Employees – Employees or retirees of the government may reduce rates when you quote insurance for Optima coverage with a few car insurance companies.
  • Multi-policy Discount – If you have multiple policies and insure them both with the same insurance company you may save approximately 10% to 15%.

It’s important to understand that most credits do not apply the the whole policy. Most cut individual premiums such as liability, collision or medical payments. Even though it may seem like you could get a free car insurance policy, it doesn’t quite work that way.

To view providers that offer multiple discounts, click here to view.

What determines Kia Optima insurance costs?

Many factors are taken into consideration when you get a price on insurance. A few of the factors are predictable like your driving record, but some are less apparent like where you live or how safe your car is.

  • Cut prices and deter theft – Choosing a vehicle with advanced anti-theft systems can save you some money. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft and help bring rates down.
  • Gender impacts premiums – Over the last 30 years, statistics show that women are safer drivers than men. This data doesn’t prove that men are WORSE drivers than women. They both get in auto accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also receive more costly citations such as reckless driving.
  • Your location is a factor – Being located in small towns and rural areas can be a good thing when it comes to auto insurance. Lower population means reduced accidents and also fewer theft and vandalism claims. Residents of big cities have to deal with traffic congestion and longer commutes to work. Higher commute times means higher likelihood of an accident.
  • Low comp and collision deductibles can be expensive – Insurance for physical damage to your car, also called ‘full coverage’, helps pay for damage to your vehicle. A few examples of covered claims are a windshield shattered by a rock, flood damage, and windstorm damage. The deductibles you choose represent how much money you are willing to pay if the claim is covered. The more you choose to pay out-of-pocket, the bigger discount you will receive for Optima coverage.
  • Accidents are costly – Having a single chargable violation can increase rates forty percent or more. Drivers who don’t get tickets pay less for auto insurance compared to bad drivers. Drivers unfortunate enough to have careless violations such as reckless driving, hit and run or driving under the influence might be required by their state to file a SR-22 with their state’s licensing department in order to keep their license.
  • How much liability – The liability section of your policy is the coverage that protects you if you are found liable for an accident. This coverage provides legal defense starting from day one. This coverage is very inexpensive compared to comp and collision, so insureds should have plenty of protection for their assets.
  • Annual mileage impacts rates – The higher the miles on your Kia annually the more you will pay for auto insurance. A lot of insurance companies apply a rate determined by how the vehicle is used. Vehicles that do not get driven very much receive lower rates than vehicles that have high annual mileage. It’s a smart idea to ensure your auto insurance declarations sheet is rated on the correct driver usage, because it can save money. Having the wrong rating on your Optima can cost quite a bit.
  • Vehicles with better crash test results cost less to insure – Safer cars cost less to insure. Highly rated vehicles result in less severe injuries and better occupant protection translates directly to fewer claims which can mean better rates for you.

Tailor your insurance coverage coverage to you

When buying proper insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

These are some specific questions can help discover if your insurance needs could use an agent’s help.

  • Is my nanny covered when driving my vehicle?
  • Does my medical payments coverage pay my health insurance deductible?
  • What is no-fault insurance?
  • Can my teen driver be rated on a liability-only vehicle?
  • Am I covered if I drive in a foreign country?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • Can I afford to pay high deductible claims out of pocket?
  • Are all vehicle passengers covered by medical payments coverage?
  • Why am I required to buy liability insurance?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

Specific coverages for a Kia Optima

Having a good grasp of a auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2016 Kia Optima.

Since many drivers only carry the minimum required liability limits, 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.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance provide coverage for expenses such as chiropractic care, prosthetic devices and ambulance fees. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, damage from flooding and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision – This coverage will pay to fix damage to your Optima caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as hitting a mailbox, crashing into a building, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Auto liability insurance – This coverage can cover damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability can pay for claims such as structural damage, legal defense fees, attorney fees and emergency aid. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Saving money is sweet as honey

When you buy insurance online, don’t be tempted to buy poor coverage just to save money. Too many times, drivers have reduced uninsured motorist or liability limits only to regret at claim time that the savings was not a smart move. Your focus should be to buy the best coverage you can find for the lowest cost while still protecting your assets.

Affordable 2016 Kia Optima insurance can be bought from both online companies as well as from independent agents, so you need to quote insurance with both in order to have the best price selection to choose from. Some insurance providers may not offer the ability to get quotes online and most of the time these regional insurance providers only sell coverage through independent insurance agencies.

Insureds switch companies for a number of reasons such as high rates after DUI convictions, delays in paying claims, being labeled a high risk driver or high prices. Regardless of your reason for switching companies, finding a new company can be pretty painless.

Helpful information