Cheap 2002 Kia Rio Insurance Cost

Searching for the cheapest car insurance rates for your Kia Rio? Are you tired of scraping the payment together to buy car insurance? You are in the same boat as most other car owners. With so many online and local companies to choose from, it’s difficult to find the best car insurance company.

This information will teach you the most effective way to quote insurance and some money-saving tips. If you are paying for car insurance now, you should be able to save some money using these tips. Vehicle owners only need an understanding of the most efficient way to get comparison rates on the web.

Compare the Market for Insurance Coverage

There are a lot of ways to compare insurance coverage quotes, but some are less time-consuming than others. You can waste a few hours (or days) driving to local insurance agents in your area, or you can utilize the internet to get pricing more quickly.

Most car insurance companies take part in a program that enables customers to enter their policy data once, and at least one company can provide price quotes based on that information. This eliminates the need for form submissions to each company. To participate in this free quote system, click here to open in new window.

The only drawback to pricing coverage this way is you are unable to specify which insurance companies you want pricing from. If you would rather choose specific insurance companies to compare rates, we have a listing of the cheapest insurance coverage companies in your area. Click to view list.

It’s your choice how you get your quotes, but be sure to compare the exact same coverages and limits for every company. If the quotes have different liability limits it will be very difficult to find the best deal for your Kia Rio.

Ads can be misleading

Consumers can’t get away from ads that promise big savings from companies such as Geico, State Farm and Progressive. All the companies say the same thing that you’ll save big if you move your policy.

But how can every company make almost identical claims? It’s all in the numbers.

All the different companies have a certain “appetite” for the right customer they prefer to insure. An example of a preferred risk might be over the age of 50, is a homeowner, and has excellent credit. Any new insured that hits that “sweet spot” will get the preferred rates and most likely will save a lot of money.

Consumers who fall outside the “perfect” profile must pay higher rates and ends up with business not being written. Company advertisements say “customers that switch” not “everybody who quotes” save that much. That is how companies can truthfully state the savings.

This illustrates why you absolutely need to compare as many rates as you can. It’s just too difficult to predict which insurance companies will give you the biggest savings on Kia Rio insurance.

Don’t pay full price with these discounts

Insuring your vehicles can cost a lot, but you may find discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time of purchase, but a few must be requested specifically prior to receiving the credit. If you don’t get every credit you qualify for, you’re paying more than you need to.

  • Employee of Federal Government – Active or retired federal employment can save as much as 8% for Rio insurance with a few insurance coverage companies.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
  • Passive Restraint Discount – Factory air bags can get savings of more than 20%.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills could save 5% or more if your company offers it.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if offered at their school.
  • Resident Student – Children living away from home attending college and do not have a car may qualify for this discount.

Consumers should know that some of the credits will not apply to all coverage premiums. Most cut individual premiums such as liability, collision or medical payments. Just because it seems like it’s possible to get free car insurance, companies wouldn’t make money that way. But all discounts will reduce your premiums.

To see a list of insurers who offer insurance coverage discounts, click here.

Your personal situation dictates your coverage

When choosing the best car insurance coverage for your vehicles, there really is no one size fits all plan. Each situation is unique and your policy should reflect that. These are some specific questions might help in determining whether your personal situation would benefit from professional advice.

  • Who is covered when they drive my 2002 Kia Rio?
  • Does coverage extend to a rental car in a foreign country?
  • How much liability insurance is required?
  • I have health insurance so do I need medical payments coverage?
  • Is my 2002 Kia Rio covered for flood damage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered if hit by an uninsured driver?
  • How can I find cheaper teen driver insurance?
  • What should my uninsured motorist coverage limits be in my state?
  • Am I covered when driving a rental car?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Auto insurance coverages 101

Having a good grasp of your policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types found on the average auto insurance policy.

Comprehensive insurance

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, rock chips in glass, falling objects and vandalism. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as X-ray expenses, dental work, ambulance fees, EMT expenses and funeral costs. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage

This coverage covers damage to your Rio resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as driving through your garage door, crashing into a ditch, crashing into a building, sustaining damage from a pot hole and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Liability insurance

This coverage can cover injuries or damage you cause to a person or their property in an accident. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as bail bonds, funeral expenses and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Kia Rio.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these limits are set the same as your liablity limits.

Shop smart and save

Low-cost 2002 Kia Rio insurance can be purchased both online and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

You just read a lot of information how to lower your insurance rates. The key concept to understand is the more quotes you get, the better likelihood of reducing your rate. You may be surprised to find that the biggest savings come from a lesser-known regional company. They may only write in your state and offer lower rates than the large multi-state companies such as Allstate or State Farm.

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