Save on 2011 Kia Rio Car Insurance Quotes

Feel like you’re a prisoner to an underperforming, overpriced auto insurance policy? Believe me when I say you are not the only one feeling buyer’s remorse. Numerous car insurance companies battle for your insurance dollar, so it’s not easy to compare every insurer and get the definite lowest rate

You should take the time to do rate comparisons at least once a year because prices change regularly. If you had the best rates on Rio coverage a few years ago other companies may now be cheaper. You can find a lot of misleading information regarding auto insurance on the web, but I’m going to show you some proven techniques to save money.

If you have a current insurance policy or need new coverage, you can use this information to cut your premiums and still get good coverage. Finding the best rates is not rocket science. Drivers just need to know the most efficient way to get comparison quotes on the web.

Kia Rio premiums are determined by many factors

Smart consumers have a good feel for the different types of things that play a part in calculating your car insurance rates. Understanding what controls the rates you pay enables informed choices that may reward you with better car insurance rates.

Shown below are some of the factors car insurance companies consider when setting rates.

  • Protect your assets with liability insurance – Liability coverage will protect you in the event that a court rules you are at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so do not skimp.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle with anti-theft technology or alarm system can help lower your rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.
  • Having a spouse can save you money – Being married helps lower the price on car insurance. It means you’re more mature and responsible and it’s statistically proven that being married results in fewer claims.
  • Discounts for multiple policies – Most car insurance companies give discounts to customers who carry more than one policy in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare rates to verify if the discount is saving money. You may still be able to find a better deal by insuring with multiple companies.

Discounts on 2011 Kia Rio insurance

Insurance can cost an arm and a leg, but you may find discounts that many people don’t even know exist. Some discounts apply automatically when you complete an application, but a few must be specially asked for before you will receive the discount. If you don’t get every credit possible, you are paying more than you should be.

  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • Multi-policy Discount – When you combine your home and auto insurance with one insurance company you will save up to 20% off your total premium.
  • Air Bag Discount – Cars that have air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Discount for Life Insurance – Larger companies have a break if you buy life insurance.
  • Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.
  • Save with a New Car – Insuring a new car can be considerably cheaper compared to insuring an older model.
  • Memberships – Affiliation with a civic or occupational organization may earn a discount on your policy on Rio coverage.

It’s important to understand that some of the credits will not apply to your bottom line cost. Some only reduce specific coverage prices like liability, collision or medical payments. So even though it sounds like adding up those discounts means a free policy, companies don’t profit that way. But all discounts will reduce your overall premium however.

To see a list of providers with discount insurance coverage rates, click here.

Insurance myths debunked

Consumers can’t ignore all the ads for the lowest price auto insurance from the likes of Geico, State Farm and Progressive. They all seem to say the same thing about savings if you change your coverage to them.

How does each company make the same claim? This is how they do it.

All companies have a preferred profile for the driver that earns them a profit. An example of a desirable insured might be profiled as over the age of 40, has no driving citations, and chooses high deductibles. A driver who meets those qualifications will get the preferred rates and most likely will save quite a bit of money when switching.

Consumers who don’t measure up to the “perfect” profile will have to pay a more expensive rate and ends up with business going elsewhere. The ads state “drivers who switch” not “everyone that quotes” save that much. That is how companies can state the savings.

Because of the profiling, you need to get as many quotes as possible. It’s just too difficult to predict which insurance companies will provide you with the cheapest Kia Rio insurance rates.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different so your insurance should reflect that Here are some questions about coverages that may help you determine if your insurance needs will benefit from professional help.

  • What is the ISO rating for a 2011 Kia Rio?
  • Should I have a commercial auto policy?
  • Do all my vehicles need collision coverage?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Where can I get insurance after a DUI in my state?
  • Am I covered when delivering products for my home-based business?
  • What is the rate difference between pleasure use and commuting?
  • Am I missing any policy discounts?
  • Do I need more liability coverage?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Insurance coverage specifics

Knowing the specifics of your policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages offered by insurance companies.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hail damage, damage from flooding, damage from getting keyed and damage from a tornado or hurricane. The most a 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 consider dropping full coverage.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like colliding with a tree, scraping a guard rail, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Kia Rio.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Normally these coverages are similar to your liability insurance amounts.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like dental work, X-ray expenses, nursing services, hospital visits and prosthetic devices. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability

Liability insurance provides protection from damages or injuries you inflict on other people or property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: 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 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as repair costs for stationary objects, bail bonds, attorney fees, pain and suffering and court costs. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Do the work, save more money

As you prepare to switch companies, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where an insured cut liability limits or collision coverage only to find out that it was a big error on their part. Your goal should be to buy enough coverage at a price you can afford, not the least amount of coverage.

We covered some good ideas how to get a better price on 2011 Kia Rio insurance. The most important thing to understand is the more companies you get rates for, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with an unexpected company. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate and Progressive.

Lower-priced insurance can be sourced on the web as well as from independent agents, so compare prices from both in order to have the best chance of saving money. A few companies don’t offer online price quotes and many times these small, regional companies only sell through independent insurance agents.

For more information, take a look at these articles: