Cheaper 2014 Kia Rio Insurance Quotes

Looking for better auto insurance rates for your Kia Rio? Scraping up a payment for high-priced Kia Rio insurance can bottom out your monthly budget and put the squeeze on your family’s finances. Performing a rate comparison is free and is an excellent way to tighten up your finances.

Lots of insurers contend for your insurance dollar, and it can be difficult to compare rates and uncover the absolute lowest cost out there.

If you are insured now or are looking for a new policy, you can follow these tips to get lower rates and still get good coverage. Finding the best rates is quite easy. Vehicle owners just need to understand how to compare rates online.

How car insurance companies determine Kia Rio insurance premiums

Many factors are part of the calculation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, but other factors are more obscure such as whether you are married or how financially stable you are.

The factors shown below are most of the major factors auto insurance companies consider when setting your prices.

• Where you reside factors in – Choosing to live in less populated areas of the country is a positive aspect when shopping for auto insurance. Lower population means fewer accidents and a lower car theft rate. People who live in big cities tend to have more aggressive driving styles and a longer drive to work. More time commuting means a statistically higher chance of an accident.
• Save mileage and save money – The higher the mileage driven in a year’s time the higher your rate. Almost all companies calculate prices based on their usage. Autos that are left in the garage can get a lower rate than vehicles that have high annual mileage. An incorrectly rated Rio may be costing you higher rates. It’s a smart idea to ensure your auto insurance coverage correctly shows annual mileage, because improper ratings can cost you money.
• Gender matters – Over the last 30 years, statistics show that women are safer drivers than men. It does not mean women are better drivers. Men and women cause at-fault accidents at about the same rate, but men tend to have more serious accidents. They also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
• Get better rates if married – Getting married can actually save you money compared to being single. Marriage generally demonstrates drivers are more mature than a single person and insurance companies like that married couples file fewer claims.

Cheap auto insurance rates with discounts

Companies offering auto insurance do not list every possible discount very well, so the following list contains a few of the more well known and also the more inconspicuous credits that may apply to you. If you’re not getting every credit you deserve, it’s possible you qualify for a lower rate.

• Claim-Free Discount – Drivers who don’t have accidents are rewarded with significantly better rates on insurance quote as compared to accident-prone drivers.
• Discount for Low Mileage – Maintaining low annual mileage can qualify you for lower rates due to less chance of an accident.
• Distant Student Discount – who are enrolled in higher education away from home and do not have a car can be insured at a reduced rate.
• Discount for Multiple Policies – When you have multiple policies and insure them both with the same insurance company you could get a discount of 10% to 20% off each policy.
• Membership in Organizations – Belonging to certain professional organizations is a simple method to lower premiums on auto insurance.
• Senior Discount – Seniors may receive a small decrease in premiums for Rio insurance.
• Anti-lock Brakes – Cars and trucks that have steering control and anti-lock brakes are much safer to drive and earn discounts up to 10%.

As a sidenote, some of the credits will not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Just because you may think adding up those discounts means a free policy, it’s just not the way it works. But any discount will positively reduce your policy premiums.

Companies and the discounts they provide are included below.

• State Farm has discounts for safe vehicle, Steer Clear safe driver discount, passive restraint, good student, accident-free, student away at school, and multiple policy.
• Progressive offers discounts for homeowner, online quote discount, good student, multi-vehicle, online signing, and multi-policy.
• Travelers discounts include good student, early quote, IntelliDrive, student away at school, hybrid/electric vehicle, and continuous insurance.
• American Family may include discounts for multi-vehicle, good driver, accident-free, defensive driver, and bundled insurance.
• Liberty Mutual has savings for good student, newly retired, new move discount, multi-policy, and hybrid vehicle.

It’s a good idea to ask each insurance company which discounts you may be entitled to. Some of the discounts discussed earlier may not be offered in your area.

Brand name doesn’t guarantee savings

Consumers can’t get away from ads for cheaper car insurance by companies like Allstate and Progressive. They all seem to tend to make the same promise that people will save if you just switch your coverage.

How does each company give you a better price?

Insurance companies are able to cherry pick for the type of driver that will generate a profit. A good example of this type of driver might have to be over the age of 40, has never had a claim, and drives a car with an anti-theft system. A propective insured who matches those parameters will most likely get cheap premium rates and most likely will save if they switch.

Insureds who don’t measure up to these standards will be charged a higher premium and ends up with the customer buying from someone else. If you pay close attention to the ads, they say “people that switch” not “everyone who quotes” save the amount stated. This is how insurance companies can advertise the savings.

This really emphasizes why it is so important to compare quotes as often as possible. Because you never know which company will have the lowest rate quotes.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a one size fits all plan. Every situation is different so this has to be addressed. For example, these questions might help in determining whether your personal situation might need professional guidance.

• Does my medical payments coverage pay my health insurance deductible?
• Which companies will insure high-risk drivers?
• Is upholstery damage covered by car insurance?
• Am I covered when driving in Canada or Mexico?
• How high should my uninsured/underinsured coverage be in my state?
• Should I have combined single limit or split liability limits?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick 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.

Parts of your car insurance policy

Having a good grasp of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are the usual coverages found on most car insurance policies.

Coverage for liability – This coverage will cover damage that occurs to a person or their property by causing an accident. It protects you from claims by other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for things like pain and suffering, court costs, emergency aid and structural damage. How much coverage you buy is up to you, but consider buying as much as you can afford.

Protection from uninsured/underinsured drivers – This provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Kia Rio.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually these limits are similar to your liability insurance amounts.

Collision coverages – This coverage will pay to fix damage to your Rio from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as rolling your car, crashing into a building and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hail damage, damage from a tornado or hurricane, a broken windshield, fire damage and damage from getting keyed. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense insurance – Coverage for medical payments and/or PIP pay for short-term medical expenses for EMT expenses, rehabilitation expenses, hospital visits and ambulance fees. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Keep this in mind

While you’re price shopping online, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where drivers have reduced liability coverage limits only to regret at claim time that it was a big error on their part. The ultimate goal is to buy the best coverage you can find for the lowest cost and still be able to protect your assets.

Cheaper 2014 Kia Rio insurance is possible online in addition to many insurance agents, so you should compare both to get a complete price analysis. Some insurance providers do not provide the ability to get a quote online and most of the time these regional insurance providers provide coverage only through independent insurance agents.

For more information, feel free to browse the resources below:

• Tools for Teen Driving Safety (State Farm)
• Property Damage Coverage (Liberty Mutual)
• Help Your Teen Be a Better Driver (State Farm)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• All About Airbag Safety (State Farm)