Save on 2005 Kia Rio Insurance Rates

Want cheaper auto insurance rates for your Kia Rio? No one in their right mind looks forward to paying for auto insurance, in particular when the price is too high. Because there are so many different company options, it is very difficult to find the most affordable company.

Finding the best rates is not that difficult. If you have car insurance now, you will be able to lower your premiums substantially using this information. Drivers only need an understanding of the best way to compare company rates online.

Parts of the Kia Rio rate equation

Consumers need to have an understanding of some of the elements that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that can help you get better car insurance rates.

The list below includes a few of the “ingredients” used by your company to calculate your rates.

  • Where you live is a factor – Residing in a small town can save you money when buying car insurance. Lower population means reduced accidents as well as less vandalism and auto theft. City drivers tend to have traffic congestion and a longer drive to work. Longer commute distances means more change of being in an accident.
  • Too many car insurance claims drive up costs – Car insurance companies generally give cheaper rates to policyholders who file claims infrequently. If you file claims often, you can look forward to either higher rates or even cancellation. Insurance coverage is intended to be relied upon for larger claims.
  • Poor driving leads to higher costs – Just one speeding ticket can boost insurance rates by as much as thirty percent. Careful drivers get better rates than bad drivers. Drivers who have serious citations such as reckless driving, hit and run or driving under the influence may need to file a SR-22 with their state DMV in order to continue driving.
  • Don’t sacrifice liability coverage – Liability insurance is the coverage that protects you if ever you are found liable for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
  • Do you qualify for a multi-policy discount? – Many insurers give discounts to customers who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, you may still want to compare rates to ensure the best deal. You may still find better rates by splitting coverages up.
  • Bump up deductibles to save – Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Kia. Some instances where coverage would apply could be collision with another vehicle, damage from fire, and rolling your vehicle. Physical damage deductibles are how much you are required to spend before a claim is paid by your company. The more money you are required to pay out-of-pocket, the less your car insurance will be for Rio insurance.
  • Lower miles equals lower premium – The higher the mileage driven in a year the higher your rates will be. The majority of insurers rate vehicles based on how the vehicle is used. Cars not used for work or commuting receive lower rates than those used for commuting. If your policy improperly rates your Rio may be costing you. Ask your agent if your car insurance declarations sheet is rated on the correct usage for each vehicle, because improper ratings can cost you money.

Compare Quotes for Insurance

There are a variety of methods to shop for 2005 Kia Rio insurance, and some are easier and takes less work. You can spend countless hours driving to insurance companies in your area, or you could use the web to achieve your goal.

Most of the larger companies belong to a marketplace that enables customers to complete one form, and each company can provide price quotes based on that information. This prevents consumers from doing repetitive form submissions for every insurance company.

To compare 2005 Kia Rio rates now click here to open in new window.

The one disadvantage to getting quotes like this is you don’t know exactly which companies to get quotes from. So if you want to select specific insurance companies to compare rates, we put together a list of companies who write insurance in your area. Click here to view list.

It’s up to you which method you use, but compare apples-to-apples deductibles and coverage limits for every quote you compare. If each company quotes higher or lower deductibles it will be impossible to truly determine the lowest rate.

Discounts to lower 2005 Kia Rio insurance rates

Companies that sell car insurance do not list every discount very well, so here is a list some of the more common and also the lesser-known discounts you could be receiving. If you don’t get every credit available, you are paying more than you should be.

  • E-sign – Some insurance companies will give a small break just for signing your application over the internet.
  • Safety Course Discount – Completing a defensive driving course could save 5% or more if you qualify.
  • No Accidents – Claim-free drivers can save substantially when compared to bad drivers.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Student Driver Training – Require your teen driver to enroll in driver’s education in high school.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can receive discounts of more than 20%.
  • Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • Low Mileage – Keeping the miles down on your Kia can earn discounted rates on garaged vehicles.
  • Senior Discount – Older drivers may qualify for a discount up to 10% for Rio insurance.
  • Resident Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.

It’s important to note that some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like adding up those discounts means a free policy, you’re out of luck.

For a list of providers who offer auto insurance discounts, click here to view.

Tailor your coverage to you

When it comes to choosing adequate coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that may help you determine whether your personal situation might need professional guidance.

  • Do I get a pro-rated refund if I cancel my policy early?
  • Is a fancy paint job covered?
  • Am I getting all the discounts available?
  • Are my friends covered when driving my 2005 Kia Rio?
  • Is a new car covered when I drive it off the dealer lot?
  • Does my personal policy cover me when driving out-of-state?
  • Does my 2005 Kia Rio qualify for pleasure use?
  • Is my dog or cat covered if injured in an accident?
  • Can I still get insurance after a DUI?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Car insurance coverage considerations

Knowing the specifics of car insurance helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages available from car insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Kia Rio.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for immediate expenses like nursing services, chiropractic care and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, fire damage and a broken windshield. The most a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage covers damage to your Rio resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like backing into a parked car, sideswiping another vehicle, damaging your car on a curb and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Liability car insurance

Liability insurance will cover injuries or damage you cause to people or other property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

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 which stand for 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 legal defense fees, pain and suffering, structural damage, repair bills for other people’s vehicles and court costs. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Affordable insurance is out there

We covered some good ideas how you can save on 2005 Kia Rio insurance. The key thing to remember is the more providers you compare, the better your comparison will be. Consumers may even find the best prices are with some of the smallest insurance companies. They may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate and Progressive.

Discount insurance is attainable on the web and also from your neighborhood agents, so you should compare both to have the best rate selection. Some companies may not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.

More tips and info about insurance coverage can be found by following these links: