Are you a victim of an overpriced insurance policy? Believe me, you’re not alone.
With so many choices, it’s nearly impossible to locate the cheapest company.
Finding affordable coverage is easy if you know what you’re doing. Just about anyone who has to buy auto insurance most likely will be able to find lower rates. But vehicle owners must comprehend how companies determine prices and use this information to your advantage.
The easiest way to compare insurance rates in your area is to take advantage of the fact most of the bigger providers actually pay money for the chance to provide you with a free rate quote. To get started, all you need to do is give the companies some data like what your job is, if the car is leased, how much coverage you want, and if you have a valid license. The rating information is then submitted to multiple different insurance companies and they provide comparison quotes instantly.
Auto insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on television and other media. They all seem to make the same claim about savings if you switch to their company. How do they all make the same claim? It’s all in the numbers.
All the different companies can use profiling for the right customer they prefer to insure. A good example of a preferred risk might be profiled as between the ages of 30 and 50, a clean driving record, and has a high credit rating. A driver who meets those qualifications receives the best rates and therefore will save when switching.
Drivers who do not match the requirements will be quoted higher rates which usually ends up with business not being written. The ads state “drivers who switch” not “people who quote” save that much money. That’s the way insurance companies can state the savings.
This emphasizes why it is so important to get quotes from several different companies. Because you never know which auto insurance company will provide you with the cheapest Kia Sportage insurance rates.
An important part of buying insurance is that you know some of the elements that play a part in calculating auto insurance rates. Having a good understanding of what influences your rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
Insurance can cost an arm and a leg, but you may find discounts to help offset the cost. Some trigger automatically at the time of purchase, but a few need to be specifically requested before you get the savings.
It’s important to note that some credits don’t apply the the whole policy. The majority will only reduce individual premiums such as physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will bring down your premiums.
To see a list of insurance companies with the best insurance discounts, click here to view.
When it comes to choosing coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your insurance needs might need professional guidance.
If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Learning about specific coverages of a car insurance policy can help you determine the best coverages and the correct deductibles and limits. Car insurance terms can be ambiguous and coverage can change by endorsement. These are the usual coverages found on most car insurance policies.
This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Kia Sportage.
Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
This protects you from damage or injury you incur to people or other property that is your fault. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, 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. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.
Liability can pay for claims like court costs, funeral expenses and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.
This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like vandalism, hitting a deer and fire damage. The maximum payout a car insurance company will pay at claim time 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.
Medical payments and Personal Injury Protection insurance kick in for bills such as funeral costs, doctor visits and surgery. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. It covers you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
This pays for damage to your Sportage from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things such as sideswiping another vehicle, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.
When you buy insurance online, it’s a bad idea to buy poor coverage just to save money. There are too many instances where consumers will sacrifice liability coverage limits only to discover later that the small savings ended up costing them much more. The proper strategy is to buy the best coverage you can find at the best price, not the least amount of coverage.
Budget-conscious 2011 Kia Sportage insurance can be bought online and with local insurance agents, so compare prices from both in order to have the best price selection to choose from. Some car insurance companies do not offer online quoting and these regional insurance providers work with independent agents.
Additional information can be found below: