Have you had enough of being strong-armed to insure your Kia every month? Your situation is no different than many other vehicle owners.
With vehicle owners having so many auto insurance companies to choose from, it is very difficult to locate the right insurer.
It’s a good idea to do rate comparisons as often as possible because insurance prices fluctuate regularly. If you had the lowest rate on Cadenza coverage on your last policy you can probably find a better premium rate now. There is a lot of wrong information about auto insurance out there, but I’m going to show you some of the best ways to reduce your auto insurance bill.
It’s important that you understand the different types of things that play a part in calculating the level of your policy premiums. If you understand what influences your rates, this allows you to make good choices that may result in lower insurance prices.
The quickest method we recommend to compare insurance rates in your area is to realize most of the larger companies pay for the opportunity to compare rate quotes. The only thing you need to do is provide the companies a bit of rating information such as whether you are married, whether the vehicles are used for commuting, the type of vehicles you drive, and if a SR-22 is needed. Your insurance information gets sent immediately to multiple different insurance companies and you get price estimates very quickly.
Car insurance companies such as Progressive, Allstate and Geico endlessly run ads on TV and radio. All the companies advertise claims of big savings if you change your car insurance policy to them. But how can every company offer you a better deal? It’s all in the wording.
Different companies have specific guidelines for the driver that earns them a profit. One example of this type of driver might be described as over the age of 40, has no claims, and drives less than 5,000 miles a year. Someone who matches that profile will get very good prices and have a good chance to save a lot of money.
Potential insureds who are not a match for the “perfect” profile will get a more expensive rate which translates to the customer buying from someone else. The ads state “people who switch” not “everyone that quotes” save that much money. This is how companies can make claims like that.
This really emphasizes why you absolutely need to compare quotes as often as possible. It is impossible to predict with any certainty which company will provide you with the cheapest premium rates.
Insurance is expensive, but there could be available discounts to help bring down the price. Certain discounts will be triggered automatically when you purchase, but a few must be inquired about in order for you to get them.
While discounts sound great, it’s important to understand that most discounts do not apply to the entire cost. Most only cut the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, you’re out of luck.
A few of the larger companies and a partial list of their discounts are detailed below.
If you need cheaper insurance quotes, ask every prospective company to give you their best rates. A few discounts might not be available to policyholders in your area. To see a list of companies that can offer you the previously mentioned discounts, click here.
When it comes to buying the right insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. These are some specific questions can aid in determining whether you would benefit from professional advice.
If you’re not sure about those questions but one or more may apply to you, 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
Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your Kia Cadenza.
Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Frequently the UM/UIM limits are similar to your liability insurance amounts.
Medical payments and PIP coverage
Med pay and PIP coverage kick in for short-term medical expenses for things like surgery, rehabilitation expenses, doctor visits and ambulance fees. They can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
Collision coverage pays for damage to your Cadenza caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like crashing into a building, rolling your car, damaging your car on a curb and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.
Auto liability insurance
Liability insurance can cover damage that occurs to other’s property or people in an accident. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.
Liability insurance covers claims like pain and suffering, loss of income, medical expenses and funeral expenses. How much coverage you buy is up to you, but consider buying higher limits if possible.
Comprehensive auto coverage
This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive insurance covers claims like hitting a deer, rock chips in glass, a broken windshield, hail damage and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
We just showed you some good ideas how to get a better price on 2018 Kia Cadenza insurance. The key concept to understand is the more price quotes you have, the better likelihood of getting cheap insurance. You may even find the lowest priced insurance coverage comes from some of the smallest insurance companies. Regional companies often have lower rates on specific markets compared to the large companies like Allstate, Geico and Progressive.
While you’re price shopping online, don’t be tempted to skimp on coverage in order to save money. There have been many situations where an insured dropped uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your aim should be to find the BEST coverage for the lowest price but still have enough coverage for asset protection.
Lower-priced insurance coverage can be sourced from both online companies in addition to many insurance agents, and you should compare rates from both to have the best selection. Some insurance providers may not have price quotes online and many times these regional insurance providers work with independent insurance agents.
I compared a lot of rate quotes for a 2018 Kia Cadenza in Columbia, SC. Ended up at about $230 every six months with American Family. Was with The General. Wish I didn’t have to insure at all.
Does State Farm insure teenage drivers?
Will Allstate insure with a DUI in Colorado Springs, CO?
Quoted with Travelers for my 2018 Kia Cadenza and saved about $160 a year. Wish I didn’t have to insure at all.