Having to pay for overpriced Kia Sportage insurance can empty your checking account and force you to make sacrifices. Shopping your coverage around is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.
Numerous insurance companies battle for your insurance dollar, and it can be difficult to compare rates to find the best rate
It’s a good habit to compare rates every six months because prices trend upward over time. Just because you had the best price for Sportage coverage on your last policy other companies may now be cheaper. So just forget anything you know (or think you know) about car insurance because you’re going to learn the right way to lower your annual insurance bill.
Companies don’t always advertise all available discounts very well, so we researched some of the best known as well as the least known discounts you could be receiving.
As a disclaimer on discounts, many deductions do not apply to the entire cost. A few only apply to the price of certain insurance coverages like comp or med pay. Even though it may seem like all those discounts means the company will pay you, it doesn’t quite work that way.
A partial list of companies that may offer some of the above discounts include:
Double check with each insurance company which discounts you may be entitled to. Some discounts may not be available everywhere.
It’s important that you understand the rating factors that come into play when calculating insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that can help you get better insurance rates.
The list below includes a partial list of the pieces used by your company to calculate your rates.
When it comes to choosing adequate coverage for your vehicles, there is no “best” method to buy coverage. Every situation is different so your insurance should reflect that These are some specific questions could help you determine if you will benefit from professional help.
If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.
Car insurance companies such as State Farm and Allstate constantly bombard you with ads on television and other media. They all seem to say the same thing of big savings if you switch your coverage to them. How can each company make almost identical claims? This is how they do it.
Insurance companies have a certain “appetite” for the driver they prefer to insure. A good example of a preferred risk might be between 30 and 50, owns a home, and has excellent credit. Any new insured who matches those parameters is entitled to the best price and as a result will probably cut their rates substantially.
Potential insureds who do not match this ideal profile will be charged higher prices which leads to business not being written. The ad wording is “drivers who switch” not “people who quote” save that much money. That’s why companies can claim big savings. That is why drivers should get as many quotes as possible. It’s not possible to predict which car insurance company will provide you with the cheapest Kia Sportage insurance rates.
Having a good grasp of your policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are typical coverage types found on the average insurance policy.
Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for bills for ambulance fees, nursing services, pain medications and dental work. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible
Auto liability – Liability insurance protects you from injuries or damage you cause to a person or their property that is your fault. This coverage protects you against claims from other people. 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. Your policy might show limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000.
Liability insurance covers claims such as bail bonds, emergency aid, repair bills for other people’s vehicles and court costs. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 2015 Kia Sportage.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.
Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for claims such as rolling your car, colliding with a tree, crashing into a ditch and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.
Comprehensive auto coverage – This pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as hitting a bird, damage from a tornado or hurricane, a broken windshield and falling objects. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
We covered some good ideas how to reduce 2015 Kia Sportage insurance prices online. The key thing to remember is the more quotes you get, the higher your chance of finding lower rates. You may even find the most savings is with an unexpected company. Smaller companies may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate and Progressive.
Low-cost insurance is possible from both online companies in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.
When shopping online for auto insurance, it’s very important that you do not skimp on coverage in order to save money. In many instances, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that the savings was not a smart move. Your goal should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.