Save Money on Kia Optima Insurance in Irvine

To save the most money, the best way to get cheaper Kia Optima insurance in Irvine is to start comparing rates regularly from providers in California.

1. Try to comprehend how auto insurance works and the modifications you can make to prevent expensive coverage. Many factors that result in higher rates like accidents, careless driving, and poor credit history can be improved by making minor changes in your lifestyle.
2. Quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from a single company like Progressive or State Farm, while agents who are independent can provide price quotes from multiple insurance companies. View companies
3. Compare the new quotes to your current policy to see if a cheaper price is available. If you find a lower rate quote and switch companies, verify that coverage does not lapse between policies.
4. Provide notification to your current agent or company to cancel your current coverage and submit payment along with a signed and completed policy application to your new carrier. Once the application is submitted, keep the new proof of insurance certificate in a readily accessible location in your vehicle.

The key thing to remember is to use similar coverage information on each quote and and to analyze as many car insurance companies as possible. This guarantees the most accurate price comparison and the best price selection.

It’s an obvious conclusion that car insurance companies want to keep you from comparing prices. Drivers who shop for lower rates are very likely to switch to a new company because they stand a good chance of finding a lower-priced policy. A recent study showed that drivers who shopped around saved $865 annually compared to other drivers who never shopped for cheaper rates.

If finding the cheapest rates on car insurance is your objective, learning how to quote prices and compare car insurance can help you succeed in finding affordable rates.

Cheapest Kia insurance prices in Irvine

The companies shown below are our best choices to provide free quotes in Irvine, CA. If you wish to find cheap auto insurance in Irvine, CA, we suggest you visit several of them to get a more complete price comparison.

Premium rates and analysis

The rate table below outlines different insurance rates for Kia Optima models. Understanding how policy rates are figured can be valuable when making smart choices when purchasing an insurance policy.

Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Price information does not factor in vehicle location which can raise or lower rates substantially.

Deductible analysis

One of the hardest decisions when shopping for insurance is how high should the physical damage coverage deductibles be. The tables below help summarize the price difference between low and high physical damage coverage deductibles. The first set of prices uses a $250 deductible for comp and collision and the second rate chart uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Rate quotes do not factor in vehicle location which can revise coverage prices greatly.

Based on these figures, using a $250 deductible will cost in the ballpark of $34 more each month or $408 a year than selecting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 22 months between claim filings, you would probably save some money if you decide on a higher deductible.

One thing to note is that raising deductibles means you pay more out-of-pocket when you do file a claim. You need to have access to more funds in order to pay the higher deductible.

The diagram below demonstrates how choosing different deductibles and can influence Kia Optima yearly insurance costs for each different age group. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are factored in.

Cost difference between full coverage and liability

The example below shows the comparison of Kia Optima insurance costs with and without full coverage. The costs are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no policy discounts are applied.

When to drop comprehensive and collision

There is no definitive guideline to eliminate comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.

For example, let’s pretend your Kia Optima claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $5,000 after the deductible is paid. If you are currently paying more than $500 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are some circumstances where only buying liability is not financially feasible. If you still owe a portion of the original loan, you have to keep full coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not remove full coverage.

Find Kia Optima Insurance Cheaper

Consumers need to have an understanding of some of the things that help calculate your car insurance rates. When you know what positively or negatively controls the rates you pay, this empowers consumers to make smart changes that can earn you lower rates. Lots of factors are used in the calculation when pricing auto insurance. Most are fairly basic such as your driving history, although some other factors are less obvious such as whether you are married or how financially stable you are.

• Lower comp and collision deductibles cost more – Physical damage protection, also called ‘full coverage’, is used to repair damage to your vehicle. A few examples of covered claims are a broken side mirror, collision with an animal, and burglary. The deductibles tell how much you are willing to pay out-of-pocket before a claim is paid by your company. The more expense the insured has to pay upfront, the less money you will pay for car insurance.

• Does insurance coverage cost less for females? – Statistics demonstrate women tend to be less risk to insure than men. The data does not necessarily mean that males are worse at driving than females. Women and men tend to get into at-fault accidents at about the same rate, but the male of the species have costlier accidents. In addition to higher claims, males also receive more major tickets like reckless driving and DUI.

  The example below shows the difference between Kia Optima insurance prices for male and female drivers. The data is based on no claims or driving citations, full physical damage coverage, $100 deductibles, drivers are not married, and no discounts are applied to the premium.

• Qualify for multi-policy discounts – Many insurers afford discounts to people that buy multiple policies in the form of a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s in your best interest to comparison shop to help ensure you have the lowest rates.
• Filing insurance claims can cost you more – If you tend to file frequent claims, don’t be surprised to see either a policy non-renewal or much higher rates. Auto insurance companies in California generally give the best rates to policyholders who are not frequent claim filers. Your car insurance is intended to be relied upon for the large, substantial claims.

• Premiums are high for teenagers – More experienced drivers are viewed as being more responsible, statistically cause fewer accidents, and receive fewer citations. Inexperience drivers have been known to be careless and easily distracted when at the wheel of a vehicle so car insurance rates are higher.

  The next chart uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.

• Safer cars save money – Vehicles with high crash test scores get lower rates. Safe vehicles reduce occupant injuries and lower injury rates means less money paid by your insurance company and lower rates for you.

• Driving citations can increase rates – Your driving record impacts premiums far more than you think. Even a single speeding ticket can increase rates by twenty percent. Drivers who don’t get tickets have lower premiums as compared to those with violations. Drivers unfortunate enough to have dangerous violations such as DUI or willful reckless driving might be required by their state to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive.

  The chart below demonstrates how speeding tickets and at-fault fender-benders can raise Kia Optima yearly insurance costs for different ages of insureds. The price estimates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are taken into consideration.

• More performance means more cost – The type of vehicle you own makes a huge difference in your premium level. The cheapest rates are usually found on the lowest performance passenger cars, but the final cost of insurance is determined by many other factors.

  The data below uses these assumptions: single male driver age 30, full coverage with $100 deductibles, and no discounts or violations. It shows Kia Optima insurance premiums compared to other models that have different performance rating factors.

• Insurance loss data for Kia Optima vehicles – Insurers use data from past claims to help calculate a profitable premium rate. Models that are shown to have higher prevalence or dollar amount of losses will have higher premium rates. The table below outlines the insurance loss data for Kia Optima vehicles.

  For each policy coverage type, the claim probability for all vehicles, regardless of manufacturer or model, is considered to be 100. Percentage values below 100 are indicative of better than average losses, while numbers shown that are more than 100 point to more frequent losses or a tendency for claims to be larger.

  
  

  Kia Optima Insurance Loss Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Kia Optima	115	101	107	133	142	120
  Kia Optima Hybrid	143	115	116	139	158	151

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Get cheaper rates on Kia Optima insurance in Irvine with these discounts

Some insurance providers don’t always publicize all their discounts in an easy-to-find place, so the list below details a few of the more common and also the more inconspicuous credits that you can use to lower your rates.

• Homeowners Savings – Owning your own home or condo may earn you a small savings because owning a home is proof of financial responsibility.
• Telematics Discount – Irvine drivers who agree to allow their company to analyze driving manner by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they exhibit good driving behavior.
• Driver’s Ed – It’s a good idea to have your young drivers take driver’s ed class in high school.
• Theft Deterrent – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and can earn a small discount on your policy.
• Service Members Pay Less – Having an actively deployed family member could be rewarded with lower premium rates.
• Fewer Miles Equal More Savings – Keeping the miles down on your Kia could earn slightly better premium rates than normal.
• No Accidents – Irvine drivers who stay claim-free pay much less in comparison to accident-prone drivers.
• Waiver for an Accident – This one isn’t a discount, but a few companies such as Allstate, State Farm and GEICO will allow you to have one accident before raising your premiums with the catch being you have to be claim-free for a certain period of time.
• Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you a break if you buy life insurance.
• Clubs and Organizations – Belonging to certain professional organizations could qualify you for a break on your next auto insurance statement.

A little disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Even though the math looks like adding up those discounts means a free policy, you won’t be that lucky.

The example below shows the comparison of Kia Optima insurance premiums with and without some available policy discounts. The rate quotes are based on a female driver, no violations or claims, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, claim-free, marriage, multi-policy, and homeowner discounts applied.

Some companies that may offer many of the previously listed discounts are:

• GEICO
• USAA
• Progressive
• American Family
• Esurance
• Farmers Insurance
• State Farm

It’s a good idea to ask all companies you are considering which discounts can lower your rates. Discounts may not apply in every state. To choose companies with the best discounts in California, follow this link.

Insurance agencies can help

Many people prefer to visit with an insurance agent and that can be a great decision One of the benefits of comparing auto insurance online is that you can obtain cheaper prices and also buy local. Supporting local insurance agencies is important especially in Irvine.

After completing this form (opens in new window), the quote information gets sent to agents in your area who will give competitive quotes for your business. It makes it easy because there is no need to leave your computer because quoted prices will be sent to you. You can find lower rates without a big time investment. If you want to compare prices from a particular provider, don’t hesitate to visit that company’s website and give them your coverage information.

Independent or Exclusive: It’s your choice

When researching a local agent, it helps to know the two different types of agents and how they differ in how they quote coverages. Agencies in Irvine can be classified as either exclusive or independent (non-exclusive).

Independent Insurance Agents

These type of agents are appointed with more than one company and that gives them the ability to insure through many different auto insurance companies enabling the ability to shop coverage around. If they find a cheaper price, your agent can just switch to a different company and that require little work on your part.

When comparing rate quotes, you definitely need to contact a few independent agents for maximum quote selection.

Featured below is a list of independent insurance agencies in Irvine that can possibly get you free rate quotes.

View more agents

Exclusive Agents

Agents in the exclusive channel work for only one company and some examples include Farmers Insurance and State Farm. These agents are unable to shop your coverage around so it’s a take it or leave it situation. Exclusive agents are usually well trained on their company’s products and that allows them to sell at a higher price point.

Listed below are Irvine exclusive agencies who can help you get price quotes.

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Picking a car insurance agent requires more thought than just a low price. You should also get answers to these questions.

• Are they properly licensed to sell insurance in California?
• Will high miles depreciate repair valuations?
• How much experience to they have in personal lines coverages?
• Will they make sure you get an adequate claim settlement?
• Do they specialize in personal lines coverage in Irvine?
• Do they have designations such as AIC, CPCU, or CIC?

How much can you save?

Lower-priced Kia Optima insurance in Irvine is available both online in addition to local insurance agencies, and you need to price shop both to get a complete price analysis. There are still a few companies who may not offer online quoting and usually these small, regional companies sell through independent agents.

We just covered a lot of information how to find lower-cost Kia Optima insurance in Irvine. The most important thing to understand is the more times you quote, the higher your chance of finding the cheapest Kia Optima rate quotes. Consumers could even find that the biggest savings come from a small local company. They can often provide lower rates in certain areas compared to the large companies like GEICO and State Farm.

Additional information can be found below:

• Distracted Driving Extends Beyond Texting (State Farm)
• Who Has Affordable Auto Insurance for a Ford F-150 in Irvine? (FAQ)
• What Car Insurance is Cheapest for a Toyota Corolla in Irvine? (FAQ)
• Who Has Cheap Car Insurance Rates for a Honda CR-V in Irvine? (FAQ)
• Who Has Affordable Car Insurance for Retired Military in Irvine? (FAQ)
• Who Has Affordable Irvine Auto Insurance Quotes for Drivers Over Age 70? (FAQ)
• What are my Rights when Filing a Claim? (Insurance Information Institute)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)