How Much Does 2012 Kia Rio Car Insurance Cost?

Having to pay for overpriced insurance can overdraw your checking account and make it impossible to make ends meet. Doing a price comparison is a smart way to reduce premiums and put more money in your pocket.

Multiple insurance companies compete for your business, and it can be difficult to compare rates to find the best price available.

Car Insurance Prices Online

The are a couple different ways to compare quotes from different insurance companies. The fastest way to find the cheapest 2012 Kia Rio insurance rates is to perform an online rate comparison. This can be done in just a few minutes using one of these methods.

  1. Probably the best way to get quotes is an all-inclusive rate comparison (click to open form in new window). This form eliminates the need for separate forms for each company. A single, simple form will return price quotes from car insurance companies with the best prices.
  2. Another way to analyze rates requires a visit to each company website and fill out their own quote form. For instance, we’ll assume you want to compare Liberty Mutual, Progressive and Farmers. You would have to go to every website and enter your policy data, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Which method you use is up to you, but make darn sure you compare exactly the same coverages and limits for each price quote. If you enter different liability limits it’s impossible to make a fair comparison for your Kia Rio. Having just a slight variation in coverage limits can result in a big premium difference. Just keep in mind that quoting more helps locate a lower rate.

Do you qualify for discounts?

Insuring your fleet can be pricey, but you can get discounts to help bring down the price. Most are applied when you get a quote, but less common discounts must be inquired about prior to getting the savings.

  • Discount for Swiching Early – A few companies offer discounts for switching policies before your current policy expires. The savings is around 10%.
  • Drive Less and Save – Fewer annual miles on your Kia can qualify you for better rates on cars that stay parked.
  • Memberships – Affiliation with a qualifying organization could qualify you for a break on your policy for Rio insurance.
  • Service Members Pay Less – Being on active duty in the military can result in better rates.
  • College Student – Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Defensive Driving Course – Taking part in a defensive driving course could cut 5% off your bill if you qualify.
  • Auto/Life Discount – Select insurance companies reward you with lower rates if you buy life insurance.
  • Sign Online – Certain companies may give you up to $50 just for signing your application on their website.

A little note about advertised discounts, most discount credits are not given the the whole policy. A few only apply to specific coverage prices like collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, companies don’t profit that way. But any discount will help reduce the cost of coverage.

Insurance companies who might offer these benefits include:

Check with every prospective company how you can save money. Some discounts may not apply in your area.

Don’t assume everyone needs the same coverage

When choosing adequate coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions could help you determine whether or not you may require specific advice.

  • Should I rate my 2012 Kia Rio as pleasure use or commute?
  • When should I drop full coverage on my 2012 Kia Rio?
  • Should I buy more coverage than the required minimum liability coverage?
  • Should I have combined single limit or split liability limits?
  • How do I buy GAP insurance?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Can I afford to pay high deductible claims out of pocket?
  • Can I afford low physical damage deductibles?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Elements that influence Kia Rio insurance rates

It’s important that you understand the factors that help determine the price you pay for auto insurance. Knowing what controls the rates you pay helps enable you to make changes that can help you get much lower annual insurance costs.

The following are some of the factors that factor into your rates.

  • Pleasure use or commuting – The more miles you rack up on your Kia each year the higher your rate. Most insurance companies price each vehicle’s coverage based upon how you use the vehicle. Autos not used for work or commuting qualify for better rates than those used for commuting. Ask your agent if your auto insurance policy properly reflects how each vehicle is driven. If your policy improperly rates your Rio may be wasting your money.
  • Marriage brings a discount – Having a wife or husband can actually save you money when buying auto insurance. Having a spouse translates into being more mature and it’s statistically proven that drivers who are married are more cautious.
  • Mature drivers pay less – Teen drivers are known to be careless and easily distracted when driving so they pay higher auto insurance rates. Having to add a teenage driver to your auto insurance policy can break the bank. More mature drivers are more cautious drivers, tend to file fewer claims and receive fewer citations.
  • Car features impact rates – Driving a car with anti-theft technology or alarm system can help lower your rates. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
  • Safer cars are cheaper to insure – Vehicles with high crash test scores can get you lower premiums. These vehicles result in less severe injuries and fewer injuries translates into fewer and smaller insurance claims and lower rates for you. If your Kia earned at least four stars on Safercar.gov it may be receiving lower rates.
  • An active claims history can cost you – Auto insurance companies generally give cheaper rates to policyholders who file claims infrequently. If you file claims often, you can definitely plan on either higher rates or even cancellation. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Are you male or female? – Statistics show women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Both sexes are in accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also get more serious tickets such as DWI and reckless driving.

Save 15 percent in 15 minutes? Is it for real?

Companies like Geico, State Farm and Progressive constantly bombard you with ads in print and on television. All the ads say the same thing of big savings if you switch to their company. But how can every company make the same claim? It’s all in the numbers.

All the different companies have a certain “appetite” for the right customer they prefer to insure. A good example of a driver they prefer might be between 30 and 50, owns a home, and has a high credit rating. A customer who matches those parameters gets the lowest rates and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t measure up to these standards will be charged more money and this can result in the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “everybody who quotes” save that kind of money. That’s the way companies can advertise the way they do.

That is why it’s extremely important to compare as many rates as you can. It is impossible to predict the company that will give you the biggest savings on Kia Rio insurance.

Car insurance 101

Having a good grasp of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Kia Rio.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liablity limits.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as chiropractic care, hospital visits, EMT expenses, prosthetic devices and nursing services. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Coverage for collisions

This covers damage to your Rio resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like backing into a parked car, colliding with a tree, scraping a guard rail, hitting a parking meter and driving through your garage door. 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.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a bird, a tree branch falling on your vehicle, a broken windshield, fire damage and hitting a deer. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability coverage

This can cover damage that occurs to other’s property or people. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like repair bills for other people’s vehicles, funeral expenses, loss of income, medical services and legal defense fees. How much coverage you buy is a personal decision, but buy higher limits if possible.

Save for a rainy day

You just learned many ways to get a better price on 2012 Kia Rio insurance. The key thing to remember is the more companies you get rates for, the higher your chance of finding lower rates. You may be surprised to find that the best price on insurance is with a smaller regional carrier. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Geico and State Farm.

Affordable insurance can be bought from both online companies as well as from independent agents, and you should be comparing both to get a complete price analysis. Some insurance companies don’t offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

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