Lower Your 2019 Kia Optima Insurance Rates in 2024

Searching for cheaper insurance rates for your Kia Optima? I really doubt anyone anticipates paying for insurance, especially knowing they could find better prices if they shop around. Insurance companies such as State Farm, GEICO and Farmers Insurance continually bombard you with catchy ads and consumers find it hard to ignore the flashy ads and do the work needed to find the best deal.

Consumers should take time to do price comparisons before your next renewal since rates are rarely the same from one policy term to another. If you had the lowest premium rates for Optima coverage last year there may be better deals available now. Forget anything you know (or think you know) about insurance because it’s time to teach you the easiest way to properly buy coverages and cut your premium.

The cheapest insurance price quotes online

Most major insurance companies like 21st Century, Allstate and State Farm allow consumers to get coverage price quotes online. This process is quite easy as you just enter your personal and coverage information into a form. After the form is submitted, the quote system requests reports for credit and driving violations and gives you a price quote based on the data you entered. Quoting online makes it a lot easier to compare rates but the process of having to visit many different websites and fill out multiple forms is a waste of time. But it is imperative to have as many quotes as possible if you want to get the lowest price.

A more efficient way to find lower prices uses one simple form to return rates from multiple companies. It’s a real time-saver, helps eliminate repetitive entry, and makes online price comparison a lot less work. As soon as the form is sent, it is rated and you are able to buy your choice of the resulting price quotes.

If the quotes result in lower rates, it’s easy to complete the application and purchase coverage. The whole process only takes a few minutes and you’ll know if lower rates are available.

If you want to find out what other companies charge, simply enter your zip code here and enter your vehicle and coverage information. If you currently have coverage, we recommend you copy your coverages exactly as shown on your declarations page. Using the same limits helps guarantee you will have rate quotes based on similar coverages.

Do you qualify for discounts?

Not too many consumers would say insurance is affordable, but you may find discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied at the time of purchase, but once in a while a discount must be specifically requested before they will apply.

• Accident Forgiveness Coverage – This isn’t a discount exactly, but a few companies such as Libery Mutual, GEICO and Allstate will forgive one accident without getting socked with a rate hike as long as you don’t have any claims prior to being involved in the accident.
• Distant Student – College-age children who live away from home at college and do not take a car to college could get you a discount.
• Homeowners Savings – Owning a house may earn you a small savings because maintaining a house requires personal responsibility.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
• Service Members Pay Less – Having a family member in the military may lower your rates slightly.
• Multi-Vehicle Discounts – Drivers who insure multiple cars or trucks with the same insurance company can get a discount on all vehicles.

As a disclaimer on discounts, some credits don’t apply to all coverage premiums. Some only apply to individual premiums such as comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

Some of the insurance companies that may offer policyholders these discounts include:

• GEICO
• USAA
• Progressive
• American Family
• Esurance
• Farmers Insurance
• State Farm

Before purchasing a policy, check with each company how you can save money. A few discounts may not be available in your area. To view insurers with significant discounts, enter your zip code here.

Don’t assume everyone needs the same auto insurance coverage

When it comes to choosing the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions could help you determine if your insurance needs would benefit from an agent’s advice.

• Am I covered if I break a side mirror?
• How much underlying liability do I need for an umbrella policy?
• Why am I required to get a high-risk car insurance policy?
• Does having multiple vehicles earn me a discount?
• Do I have coverage if my license is suspended?
• Am I covered when using my vehicle for business?
• Am I missing any policy discounts?
• Am I covered when renting a car or should I buy coverage from the car rental agency?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out your zip code. It only takes a few minutes and can help protect your family.

Seven things that affect your insurance costs

Multiple criteria are used when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, but some are more transparent like your vehicle usage or how safe your car is.

The items below are some of the things companies use to determine your premiums.

• Rural areas have lower prices – Choosing to live in a rural area is a good thing when insuring your vehicles. People who live in big cities have traffic congestion and higher rates of accident claims. Fewer drivers and short commutes means reduced accidents in addition to lower liability claims
• High premiums for younger drivers – Beginning drivers are statistically proven to be less responsible when at the wheel of a vehicle therefore insurance coverage rates are much higher. Having to add a teenage driver to your policy can increase premiums substantially. Older, more experienced drivers are viewed as being more responsible, tend to file fewer claims and get fewer tickets.
• Accidents will cost you – Even one driving citation can increase the cost of insurance by as much as thirty percent. Drivers who don’t get tickets get better rates than people who have multiple driving citations. People who have severe violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 or proof of financial responsibility with their state in order to prevent a license revocation.
• Credit score impact insurance coverage prices – Credit score will be a significant factor in calculating your insurance coverage rates. Drivers with good credit tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings. Therefore, if your credit score is low, you could save money insuring your 2019 Kia Optima by improving your rating.
• Insure car and home with the same company – Many companies will award a discount to customers that purchase more than one policy such as combining an auto and homeowners policy. The discount can be anywhere from five to ten percent in most cases. Even with this discount, you still need to compare other insurance prices to guarantee you are still saving the most.
• Too many insurance claims drive up premiums – If you tend to file frequent claims, you can definitely plan on higher rates. Car insurance companies provide discounts to people who are not frequent claim filers. Insurance coverage is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
• Lower stress equals lower premiums – Do you have a high-stress occupation? Careers such as real estate brokers, airline pilots and miners are shown to have higher premium rates due to high stress levels and incredibly demanding work hours. Conversely, occupations such as actors, historians and homemakers pay the least for Optima coverage.

But they said I’d save $462 a year!

Drivers get pounded daily by advertisements for cheaper insurance coverage from the likes of 21st Century, Allstate and State Farm. They all seem to advertise claims that drivers will save a bundle if you move your coverage to them.

Is it even possible that every company can lower your car insurance rates? It’s all in the wording.

All the different companies can use profiling for the driver that earns them a profit. One example of a desirable insured might be a married female, carries high limits, and drives a car with an anti-theft system. A customer getting a price quote who matches that profile will get a cheap rate quote and will also save quite a bit of money when switching.

Insureds who are not a match for these criteria will be charged a higher premium and the customer not buying. If you listen closely, the ads state “people who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can lure you into getting a quote.

Each company has different criteria, so you should compare as many free insurance coverage quotes as you can. It is impossible to guess with any certainty which company will give you lower car insurance rates than your current company.

Specific coverages for a 2019 Kia Optima

Learning about specific coverages of auto insurance can help you determine the right coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverage types offered by auto insurance companies.

Comprehensive or Other Than Collision – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things like theft, a tree branch falling on your vehicle, damage from a tornado or hurricane, a broken windshield and hail damage. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage – Collision insurance pays for damage to your Optima resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as hitting a parking meter, hitting a mailbox, colliding with another moving vehicle, scraping a guard rail and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are set the same as your liability limits.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like funeral costs, prosthetic devices and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability insurance – This provides protection from injuries or damage you cause to a person or their property. It protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for things like legal defense fees, repair costs for stationary objects, attorney fees, pain and suffering and loss of income. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Knowledge is power

Some insurance providers do not provide internet price quotes regional insurance providers sell through independent agents. Cheap 2019 Kia Optima insurance is possible on the web as well as from insurance agents, and you should compare rates from both so you have a total pricing picture.

We covered a lot of ways to compare 2019 Kia Optima insurance premium rates online. The key concept to understand is the more price quotes you have, the higher your chance of finding affordable insurance coverage. Consumers could even find that the lowest premium rates come from the smaller companies. These companies may often insure only within specific states and give getter rates compared to the large companies like Progressive and GEICO.

When trying to cut insurance costs, it’s very important that you do not reduce needed coverages to save money. Too many times, an accident victim reduced uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. Your focus should be to buy a smart amount of coverage at the best price while still protecting your assets.