Save Money on Kia Optima Insurance in Detroit

If your goal is the lowest price, then the best way to get discount Kia Optima insurance is to compare prices regularly from providers in Detroit. Rate comparisons can be done by following these steps.

First, read and learn about auto insurance and the things you can control to drop your rates. Many rating factors that cause high rates like traffic violations and a negative credit rating can be controlled by improving your driving habits or financial responsibility.

Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from a single company like Progressive and State Farm, while independent agents can provide rate quotes for many different companies. Compare rates now

Third, compare the price quotes to the premium of your current policy and determine if cheaper Optima coverage is available in Detroit. If you find better rates and buy the policy, make sure coverage is continuous and does not lapse.

The most important part of this process is to use similar coverage information on each quote request and and to compare every insurance company. Doing this helps ensure a fair rate comparison and the most accurate and complete price analysis.

Unbelievable but true according to a study a large majority of auto insurance policyholders in Michigan have stayed with the same insurance company for over three years, and 38% of customers have never quoted rates to find affordable coverage. American consumers could save 46.5% each year by just comparing rate quotes, but they don’t understand how simple it is to compare other rate quotes.

When comparing car insurance rates, know that comparing more quotes will improve the odds of getting better pricing. Not every company allows you to get Detroit Optima insurance quotes online, so you should also compare price estimates on coverage from those companies, too.

The companies shown below can provide price quotes in Michigan. If you want the best cheap car insurance in MI, we recommend you click on several of them to get the most competitive price.

Protect your vehicle and other assets

Despite the potentially high cost of Kia Optima insurance, maintaining insurance is required by state law in Michigan and it also provides benefits you may not be aware of.

• Just about all states have mandatory insurance requirements which means you are required to carry specific limits of liability protection in order to drive the car. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a loan on your vehicle, most banks will force you to carry insurance to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank will be required to insure your Kia at a significantly higher premium and force you to pay a much higher amount than you were paying before.
• Insurance protects your car and your assets. Insurance will pay for many types of medical costs for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.

The benefits of insuring your car are definitely more than the cost, especially for larger claims. The average driver in America overpays more than $869 every year so it’s recommended you shop around once a year at a minimum to be sure current rates are still competitive.

Kia Optima insurance analysis

The premium information below highlights different coverage costs for Kia Optima models. Having a better idea how insurance policy premiums are figured can benefit drivers when making smart choices when buying a policy.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Michigan minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can revise coverage prices considerably.

Physical damage deductibles

When buying car insurance, a common question is at what level do you set your deductibles. The comparison tables below show the difference in cost between low and high policy deductibles. The first rate comparisons uses a $100 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Premium amounts do not factor in specific zip code location which can decrease or increase rates considerably.

Using the data above, we can ascertain that using a $100 deductible will cost you approximately $73 more each month or $876 for a full year than quoting the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 12 months between claim filings, you would probably come out ahead if you decide on a higher deductible.

The chart below shows how choosing a deductible and can impact Kia Optima annual premium costs for different ages of insureds. The costs are based on a single female driver, comprehensive and collision coverage, and no policy discounts are applied.

Detroit insurance discounts for a Kia Optima

Companies that sell car insurance do not list every policy discount very well, so we took the time to find both well-publicized as well as the least known discounts you could be receiving when you buy Detroit auto insurance online.

• Club Memberships – Belonging to qualifying clubs or civic groups can get you a small discount on your policy.
• Good Student – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
• ABS Brakes – Vehicles with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
• 55 and Retired – Older drivers could receive reduced rates.
• Discounts for Federal Employees – Federal government employees may qualify for a discount when you quote Detroit auto insurance with a few car insurance companies.
• Discount for Passive Restraints – Factory air bags or motorized seat belts can qualify for discounts of 25 to 30%.
• Use Seat Belts – Drivers who require all vehicle occupants to wear their seat belts could cut 10% or more off PIP or medical payments premium.
• Anti-theft System – Vehicles with anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
• Discounts for Multiple Vehicles – Drivers who insure multiple cars or trucks with one company can reduce the rates for all insured vehicles.
• Own a Home – Being a homeowner may trigger a policy discount on car insurance because it shows financial diligence.

Remember that some credits don’t apply to the entire cost. Most cut the price of certain insurance coverages like liability and collision coverage. Even though it appears all those discounts means the company will pay you, it’s just not the way it works.

The information below compares Kia Optima insurance costs with and without discounts applied to the policy premium. Data assumes a female driver, no accidents, no driving violations, Michigan state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-car, marriage, homeowner, and multi-policy discounts applied.

If you would like to see a list of insurance companies with discount rates in Michigan, click here.

You are unique and your auto insurance should be too

When selecting a policy for your personal vehicles, there isn’t really a one-size-fits-all type of policy. You are unique so this has to be addressed.
For instance, these questions may help you determine whether your personal situation might need professional guidance.

• How does medical payments coverage work?
• Why is insurance for a teen driver so high in Detroit?
• When should I drop full coverage on my Kia Optima?
• How high should my medical payments coverage be?
• Do I need higher collision deductibles?
• Does my medical payments coverage pay my health insurance deductible?
• What is no-fault insurance?
• Should I bundle my homeowners policy with my auto?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.