2014 Kia Optima Insurance Rates – 10 Policy Discounts

Locating better insurance prices for your Kia Optima can turn out to be difficult, but you can use the following methods and make it easy. There is a better way to compare insurance rates so you’re going to learn the quickest way to get price quotes on a Kia and find the cheapest rates from local insurance agents and online providers.

Choosing the best insurance company for you is not that difficult. If you have a current insurance policy or need new coverage, you can learn to find the best rates and still get good coverage. Drivers only need an understanding of the tricks to buy insurance online.

These ten discounts can slash insurance coverage rates

Companies that sell car insurance don’t always publicize all available discounts in an easy-to-find place, so here is a list both the well known as well as the least known insurance coverage savings. If they aren’t giving you every credit available, you are paying more than you should be.

  • Senior Citizens – Older drivers may qualify for reduced rates on Optima coverage.
  • Passive Restraints and Air Bags – Vehicles with factory air bags can get savings of 20% or more.
  • Multiple Vehicles – Insuring multiple vehicles on one policy could earn a price break for each car.
  • Save with a New Car – Adding a new car to your policy can cost up to 25% less due to better safety requirements for new cars.
  • Accident Free – Drivers with accident-free driving histories can save substantially when compared with accident-prone drivers.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% on Optima coverage with select insurance companies.
  • College Student – Kids in college who attend school more than 100 miles from home and do not have a car may qualify for this discount.
  • Life Insurance – Some companies give lower rates if you buy a life insurance policy as well.
  • Multi-policy Discount – When you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you could save 5% or more.

It’s important to note that most of the big mark downs will not be given to the entire policy premium. Most only reduce the price of certain insurance coverages like comprehensive or collision. So when the math indicates you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.

For a list of insurers with the best insurance coverage discounts, click here.

How to Get Insurance Coverage

Finding lower insurance coverage rates can be relatively painless. Drivers just need to take a couple of minutes to compare quotes from different insurance companies. This can be done using a couple different methods.

  1. The most efficient way to get the best comparison quotes is an all-inclusive rate comparison click here to open form in new window. This easy form prevents you from having to do separate quote forms to each individual insurance coverage company. A single form will return quotes from several companies. It’s the fastest way to compare.
  2. A more difficult way to obtain and compare quotes online is going to each company website and fill out their own quote form. For examples sake, let’s assume you want rates from GEICO, State Farm and Travelers. To get each rate you have to go to every website and enter your information, which is why most consumers use the first method.

    For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just double check that you are using identical coverages with each company. If you compare different liability limits it’s impossible to determine which rate is truly the best.

When might I need the advice of an agent?

When choosing coverage, there is no perfect coverage plan. Every insured’s situation is different.

Here are some questions about coverages that can help discover if your situation might need an agent’s assistance.

  • When should I not file a claim?
  • Can I get a multi-policy discount?
  • Is my dog or cat covered if injured in an accident?
  • Am I covered when driving on a suspended license?
  • How much liability insurance is required?
  • Does my 2014 Kia Optima need full coverage?
  • When would I need rental car insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • Are rock chip repairs covered?

If you can’t answer these questions then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Coverage specifics

Knowing the specifics of auto insurance aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like X-ray expenses, nursing services, funeral costs, ambulance fees and chiropractic care. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and may carry a deductible

Comprehensive coverages – This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hail damage, damage from flooding, theft and a tree branch falling on your vehicle. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision – Collision insurance covers damage to your Optima caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sustaining damage from a pot hole, rolling your car, colliding with a tree, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Liability insurance – This can cover injuries or damage you cause to people or other property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims such as funeral expenses, attorney fees and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Kia Optima.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Money doesn’t grow on trees

Cheaper 2014 Kia Optima insurance is available from both online companies and also from your neighborhood agents, so you should compare both in order to have the best chance of saving money. Some insurance companies may not provide you the ability to get quotes online and these smaller companies work with independent agents.

You just read quite a bit of information on how to compare insurance prices online. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the lowest priced insurance comes from a lesser-known regional company.

While you’re price shopping online, don’t be tempted to buy less coverage just to save a little money. There are too many instances where an insured dropped collision coverage and learned later that it was a big error on their part. The ultimate goal is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Additional insurance information can be found on the following sites: