2015 Kia Optima Insurance Cost – 10 Savings Tips

Want lower auto insurance rates for your Kia Optima? Feel like you’re a prisoner to overpriced auto insurance? Trust us, many consumers feel financially strained by their auto insurance policy. Drivers have so many insurance companies to purchase coverage from, and even though it’s nice to have a choice, lots of choices makes it harder to find the lowest cost provider.

How to save on 2015 Kia Optima insurance

Car insurance can cost a lot, but there could be available discounts to reduce the price significantly. A few discounts will automatically apply at the time you complete a quote, but less common discounts must be asked for prior to getting the savings. If you’re not getting every credit available, you are throwing money away.

  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts could save 15% off your medical payments premium.
  • Low Mileage – Fewer annual miles on your Kia can qualify you for lower rates on the low mileage vehicles.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Save over 55 – Mature drivers may qualify for reduced rates for Optima coverage.
  • Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for Optima coverage than drivers with accident claims.
  • Life Insurance Discount – Some companies give lower rates if you buy life insurance from them.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up until you turn 25.
  • Resident Student – Children who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper compared to insuring an older model.

Keep in mind that many deductions do not apply to the entire policy premium. Most only reduce individual premiums such as liability, collision or medical payments. Just because you may think you can get free auto insurance, companies don’t profit that way. But any discount will cut your overall premium however.

A partial list of companies who might offer these discounts are:

Check with each company which discounts they offer. Savings may not be available in every state.

Comprehensive Insurance Comparison

All major insurance companies like 21st Century, Allstate and State Farm provide insurance quotes online. Getting online quotes is quite easy as you just type in the amount of coverage you want as requested by the quote form. When the form is submitted, their rating system requests reports for credit and driving violations and returns a price based on these and other factors. Online price quotes streamlines rate comparisons, but having to visit several different sites and type in the same information gets old quite quickly. Unfortunately, it is important to perform this step if you are searching for the best price on insurance.

The better way to compare rates

A more efficient way to find lower prices makes use of a single form that analyzes rates from a lot of companies. This type of form saves time, eliminates repetitive work, and makes online shopping a little more enjoyable. Immediately after you send the form, it gets priced and you can choose any of the quote results.

If one or more price quotes are lower than your current rates, you can simply submit the application and purchase the new policy. It can be completed in less than 10 minutes and could lower your rates considerably.

To compare rates using this form now, simply click here to open in new window and input your coverage information. To compare your current rates, we recommend you duplicate the insurance coverages just like they are on your policy. Doing this assures you will have rate comparison quotes for similar insurance coverage.

Tailor your coverage to you

When buying adequate coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions might help in determining whether or not you would benefit from professional advice.

  • Do I have coverage if my license is suspended?
  • Are rock chip repairs covered?
  • What is an SR-22 filing?
  • What can I do if my company denied a claim?
  • I don’t drive much so do I pay less?
  • Is my nanny covered when driving my vehicle?
  • What if I owe more than I can insure my car for?
  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered when pulling a rental trailer?
  • Can I afford low physical damage deductibles?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

Save $433 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings by 21st Century, Allstate and State Farm. All the companies have a common claim that you’ll save big after switching to their company.

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

Insurance companies have a preferred profile for the type of driver that is profitable for them. For example, a profitable customer could be over the age of 50, has no driving citations, and has a short commute. A driver that hits that “sweet spot” will qualify for the lowest rates and is almost guaranteed to save quite a bit of money when switching.

Potential insureds who don’t meet the requirements must pay higher premiums which leads to the driver buying from a lower-cost company. The ads state “customers who switch” not “everyone that quotes” save that kind of money. That’s why companies can truthfully make those claims.

This illustrates why it’s extremely important to get as many quotes as possible. It’s not possible to predict the company that will have the lowest Kia Optima insurance rates.

Coverage specifics

Understanding the coverages of your car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Below you’ll find the normal coverages available from car insurance companies.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like funeral costs, prosthetic devices and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Auto liability insurance

Liability coverage can cover damages or injuries you inflict on a person or their property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as legal defense fees, pain and suffering, medical services, attorney fees and court costs. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Collision protection

This will pay to fix damage to your Optima from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as colliding with another moving vehicle, crashing into a building, sustaining damage from a pot hole and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also raise the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like damage from getting keyed, rock chips in glass, hail damage and theft. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Kia Optima.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Final considerations

Throughout this article, we presented a lot of techniques to compare 2015 Kia Optima insurance prices online. It’s most important to understand that the more times you quote, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm and Allstate.

When you buy insurance online, it’s very important that you do not buy less coverage just to save a little money. Too many times, someone dropped collision coverage only to find out that the few dollars in savings costed them thousands. The proper strategy is to purchase plenty of coverage at an affordable rate while still protecting your assets.

The cheapest insurance can be found online and with local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some companies do not offer the ability to get a quote online and these smaller companies work with independent agents.

Much more information about insurance coverage is available at the links below