How Much Does 2005 Kia Optima Car Insurance Cost?

Cutting costs on auto insurance could be hard for drivers new to online price comparisons. Consumers have so many agents and companies to choose from that it can turn into a chore to compare prices.

It’s a great practice to compare prices on a regular basis because auto insurance rates are usually higher with each renewal. Just because you had the best rate on Optima coverage six months ago there may be better deals available now. Ignore everything you know about auto insurance because it’s time to teach you how to quote online to properly buy coverages and cut your premium.

Buying the best protection is easy if you know what you’re doing. Just about every driver who is required by state law to have insurance stands a good chance to be able to find lower rates. But vehicle owners benefit from understanding how big insurance companies sell online and use this information to your advantage.

Auto Insurance Discounts

Not too many consumers would say auto insurance is affordable, but there could be available discounts to cut the cost considerably. Many discounts should be triggered at the time you complete a quote, but a few must be asked for before you will receive the discount. If they aren’t giving you every credit you deserve, you could be paying more than you need to.

• Mature Driver Discount – If you’re over the age of 55, you can get better auto insurance rates on Optima coverage.
• Passenger Safety Discount – Cars that have air bags or automatic seat belts can receive discounts of 20 to 30 percent.
• Bundle and Save – If you can bundle your auto and home insurance with the same insurance company you will save 10% to 20% off each policy.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in school or through a local driver safety program.
• No Accidents – Insureds who avoid accidents and claims can earn big discounts as compared to policyholders that have many claims.
• Theft Deterent – Cars, trucks, and SUVs that have factory anti-theft systems have a lower chance of being stolen and earn discounts up to 10% off your insurance quote.
• Payment Discounts – If you pay your entire premium ahead of time rather than spreading payments over time you can avoid the installment charge.
• Discounts for New Vehicles – Adding a new car to your policy can be considerably cheaper compared to insuring an older model.

Discounts save money, but please remember that some of the credits will not apply to the entire cost. A few only apply to the cost of specific coverages such as medical payments or collision. So even though you would think you would end up receiving a 100% discount, you’re out of luck.

To view insurers that offer many of these discounts, click here to view.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage for your personal vehicles, there is no one size fits all plan. Everyone’s situation is unique.

For example, these questions can help discover whether you will benefit from professional help.

• Can my teen drive my company car?
• I have good health insurance, so how much medical payments coverage do I need?
• Is motorclub coverage worth it?
• Should I buy only the required minimum liability coverage?
• Can I afford low physical damage deductibles?
• Do I have coverage when using my vehicle for my home business?
• Does my insurance cover a custom paint job?
• Do I have coverage when making deliveries for my home business?
• Why does it cost so much to insure a teen driver?
• What is high-risk coverage and where do I buy it?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form.

Auto insurance coverage options for a Kia Optima

Knowing the specifics of your policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your 2005 Kia Optima.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for expenses like chiropractic care, ambulance fees and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Liability coverages

This provides protection from damage or injury you incur to other’s property or people that is your fault. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers things like bail bonds, pain and suffering, structural damage, legal defense fees and medical expenses. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.

Collision protection

Collision insurance will pay to fix damage to your Optima caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like driving through your garage door, backing into a parked car, sideswiping another vehicle and crashing into a building. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as rock chips in glass, hitting a deer, hail damage, a tree branch falling on your vehicle and fire damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Shop Smart and Save

While you’re price shopping online, you should never skimp on coverage in order to save money. In too many instances, an insured cut collision coverage to discover at claim time that it was a big mistake. The ultimate goal is to buy the best coverage you can find at the best cost, but do not skimp to save money.

Affordable 2005 Kia Optima insurance is available on the web as well as from insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some companies do not provide online rate quotes and these small, regional companies work with local independent agencies.

People switch companies for any number of reasons including high rates after DUI convictions, delays in paying claims, extreme rates for teen drivers or even an unsatisfactory settlement offer. It doesn’t matter why you want to switch choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Other information

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Auto Insurance FAQ (Farmers Insurance)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Older Drivers FAQ (iihs.org)