2006 Kia Optima Insurance Quotes – 7 Tricks for Cheaper Rates

Keep in mind that most credits do not apply to your bottom line cost. Most only apply to individual premiums such as liability, collision or medical payments. Despite the fact that it seems like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

A list of companies and some of the discounts are detailed below.

• 21st Century may have discounts that include automatic seat belts, 55 and older, early bird, good student, theft prevention, and defensive driver.
• Progressive may offer discounts for online signing, homeowner, good student, multi-policy, online quote discount, and multi-vehicle.
• State Farm discounts include Drive Safe & Save, anti-theft, student away at school, multiple autos, and accident-free.
• Nationwide policyholders can earn discounts including multi-policy, family plan, Farm Bureau membership, anti-theft, good student, easy pay, and accident-free.
• Esurance has savings for paid-in-full, claim free, anti-lock brakes, good student, and renters.
• The Hartford offers premium reductions for air bag, bundle, vehicle fuel type, driver training, and defensive driver.

Check with each insurance company which credits you are entitled to. Savings might not be available to policyholders in your state. If you would like to view insurers who offer online insurance quotes, click here to view.

Will just any policy work for me?

When choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your insurance needs might need professional guidance.

• When can my company non-renew my policy?
• What happens if I owe more than my 2006 Kia Optima is worth?
• Can I make deliveries for my home business?
• Should I have combined single limit or split liability limits?
• Why am I required to buy liability insurance?
• Why am I required to buy high-risk coverage?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Don’t listen to company ads

Companies like 21st Century, Allstate and State Farm seem to constantly run ads on TV and radio. All the companies state the claim of big savings if you get a free auto insurance quote and switch your coverage to them. How does each company charge you a lower premium? Here is how they do it.

Companies have specific criteria for the type of driver that will most likely be profitable. A good example of a preferred risk may need to be a mature driver, owns their home, and the vehicle is rated for pleasure use. Any customer that fits those parameters receives the best premium rates and will also save money with a new company.

Consumers who don’t qualify for this ideal profile may be required to pay higher rates and this results in business not being written. The trick is to say “customers who switch” not “everyone that quotes” save that much when switching. That’s why companies can truthfully make claims like that. This really illustrates why drivers must get as many free auto insurance quotes as possible. Because you cannot predict the company that will fit your personal profile best.

Car insurance 101

Learning about specific coverages of a car insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages offered by car insurance companies.

Auto collision coverage

Collision coverage covers damage to your Optima caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a ditch, sideswiping another vehicle and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to get cheaper collision coverage.

Comprehensive auto coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as theft, hitting a deer and a tree branch falling on your vehicle. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for immediate expenses like prosthetic devices, pain medications, funeral costs and ambulance fees. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2006 Kia Optima.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Liability insurance

This coverage protects you from injuries or damage you cause to other people or property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as repair costs for stationary objects, court costs, attorney fees and medical expenses. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Shop around and save

When you buy auto insurance online, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced collision coverage to discover at claim time that it was a big error on their part. Your aim should be to purchase a proper amount of coverage at a price you can afford and still be able to protect your assets.

Some insurance companies do not offer the ability to get a quote online small, regional companies only sell through local independent agents. Affordable 2006 Kia Optima insurance is available online and from local insurance agents, and you should compare price quotes from both to get a complete price analysis.

More information can be found below:

• Distracted Driving (Insurance Information Insitute)
• Collision Insurance Coverage (Nationwide)
• Older Drivers FAQ (iihs.org)
• Young Drivers: The High Risk Years Video (iihs.org)