Lower Your 2016 Kia Optima Car Insurance Cost

Buying low-cost insurance coverage on the web may be intimidating for consumers not familiar with shopping for insurance online. Since there are so many insurers available, how can consumers even start to compare every company to locate the cheapest available price?

Shopping for the lowest cost auto insurance is not that difficult. Just about anyone who is required by state law to have auto insurance will most likely be able to reduce their rates. But vehicle owners do need to understand the methods companies use to sell insurance online and take advantage of how the system works.

Quick Insurance Coverage Quotes

Shopping for lower insurance coverage rates can take hours if you aren’t aware of the best way to get rate quotes. You can waste a few hours (or days) talking to agents in your area, or you could use online quotes for quick rates.

All the larger companies belong to a marketplace where prospective buyers only type in their quote data once, and at least one company provides a quote. This saves time by eliminating repetitive form submissions to every company.

To access this free quoting program, click here (opens in new window).

The one disadvantage to comparing rates this way is you can’t choose the providers you want to price. So if you prefer to choose from a list of companies to request quotes from, we have a page of low cost insurance coverage companies in your area. Click to view list.

It doesn’t matter which method you choose, just ensure you are comparing identical deductibles and coverage limits for every company. If you use different values for each quote then you won’t be able to find the best deal for your Kia Optima. Quoting even small variations in limits may result in large price differences. Keep in mind that getting more free quotes helps you find a better price.

Tailor your coverage to you

When it comes to buying adequate coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s situation is unique.

For example, these questions may help you determine whether your personal situation might need an agent’s assistance.

Can I afford to buy a different vehicle if my 2016 Kia Optima is totaled?
At what point should I drop full coverage?
Do I need to file an SR-22 for a DUI in my state?
Am I covered when pulling a rental trailer?
Do I have coverage when using my vehicle for my home business?
How much can I save by bundling my policies?
When do I need to add a new car to my policy?
Can I drive in Mexico and have coverage?
Are there companies who specialize in insuring high-risk drivers?

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 an insurance agent. To find an agent in your area, complete this form.

Auto insurance coverages

Having a good grasp of your auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording.

Auto collision coverage

This pays for damage to your Optima from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sideswiping another vehicle, backing into a parked car, sustaining damage from a pot hole, colliding with a tree and rolling your car. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Liability coverages

Liability coverage provides protection from damage or injury you incur to people or other property that is your fault. It protects you from legal claims by others. It does not 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 policy limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like medical services, funeral expenses, court costs, pain and suffering and structural damage. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as vandalism, hitting a bird and damage from flooding. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills for rehabilitation expenses, nursing services, ambulance fees and doctor visits. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay