2004 Kia Optima Car Insurance Quotes – 9 Ideas for Cheaper Rates

Looking for the cheapest auto insurance rates for your Kia Optima? Sick and tired of scraping the payment together to insure your Kia every month? You’re in the same situation as millions of other consumers. Drivers have so many auto insurance companies to buy insurance from, and although it’s nice to have multiple companies, so many choices can make it hard to locate the cheapest rates.

The purpose of this article is to help educate you on the best way to quote coverages and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these methods. Drivers just need to understand the most effective way to shop online.

Cut your auto insurance rates with these nine discounts

Insuring your fleet can be pricey, but companies offer discounts that you may not know about. Most are applied at the time of purchase, but a few need to be specifically requested before being credited. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Payment Discounts – If paying your policy premium upfront instead of paying each month you could save up to 5%.
  • Early Signing – Some insurance companies reward drivers for buying a policy before your current policy expires. This can save 10% or more.
  • Defensive Driving Course – Taking a course in driver safety could cut 5% off your bill if you qualify.
  • Multiple Vehicles – Insuring multiple vehicles with the same company could earn a price break for each car.
  • Distant Student – Any of your kids who are attending college and don’t have a car may be able to be covered for less.
  • Multi-policy Discount – If you have multiple policies with one company you will save up to 20% off your total premium.
  • Employee of Federal Government – Simply working for the federal government may qualify you for a discount for Optima coverage with select insurance companies.
  • Paperwork-free – A handful of insurance companies will give a small break just for signing your application digitally online.
  • Save with a New Car – Adding a new car to your policy can save up to 30% compared to insuring an older model.

Drivers should understand that many deductions do not apply to all coverage premiums. Some only apply to specific coverage prices like comprehensive or collision. So even though it sounds like you could get a free auto insurance policy, you’re out of luck. But any discount will cut your premiums.

For a list of providers with discount auto insurance rates, follow this link.

You are unique and your insurance coverage should be too

When choosing the best insurance coverage coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions might point out whether or not you may require specific advice.

  • What is PIP insurance?
  • Will filing a claim cost me more?
  • Am I covered if my car is in a flood?
  • What can I do if my company denied a claim?
  • Is pleasure use cheaper than using my 2004 Kia Optima to commute?
  • Can I get a multi-policy discount?
  • Is my cargo covered for damage or theft?
  • Am I getting all the discounts available?
  • Does my insurance cover a custom paint job?

If you don’t know the answers to these questions, you might consider talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can provide invaluable advice.

Don’t listen to company ads

Consumers can’t get away from ads for the lowest price auto insurance by Allstate, Geico and Progressive. All the ads have a common claim that you can save if you switch to their company.

How does each company make almost identical claims? It’s all in the numbers.

All the different companies can use profiling for the type of driver that earns them a profit. A good example of a driver they prefer could possibly be between 25 and 40, has no prior claims, and drives less than 10,000 miles a year. A customer getting a price quote who fits that profile is entitled to the best price and as a result will probably save when switching.

Potential insureds who fall outside the requirements must pay a higher premium which leads to business going elsewhere. Company advertisements say “customers that switch” not “people who quote” save money. That’s why insurance companies can confidently state the savings.

This illustrates why it’s extremely important to get a wide range of price quotes. You cannot predict which company will give you the biggest savings on Kia Optima insurance.

Auto insurance coverages

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages found on the average insurance policy.

Liability

This protects you from damages or injuries you inflict on other people or property in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as medical services, loss of income, attorney fees, medical expenses and emergency aid. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Kia Optima.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently the UM/UIM limits are set the same as your liablity limits.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for bills for surgery, hospital visits, dental work, funeral costs and nursing services. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from flooding, damage from a tornado or hurricane and hitting a deer. The maximum payout a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision insurance

This coverage pays for damage to your Optima from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like scraping a guard rail, driving through your garage door and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Never pay more for less

The cheapest 2004 Kia Optima insurance can be bought on the web and with local insurance agents, so compare prices from both to have the best rate selection. There are still a few companies who do not offer you the ability to get quotes online and these small, regional companies work with independent agents.

We’ve covered a lot of ways to lower your insurance rates. It’s most important to understand that the more price quotes you have, the better likelihood of reducing your rate. Drivers may discover the lowest premiums are with the least-expected company. Regional companies often have lower prices on specific markets as compared to the big name companies such as Allstate or State Farm.

As you go through the steps to switch your coverage, do not skimp on coverage in order to save money. Too many times, someone sacrificed uninsured motorist or liability limits only to find out that it was a big mistake. Your goal should be to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

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