Affordable Columbus Kia Rio Insurance

Really, the only way to get cheaper Kia Rio insurance is to make a habit of comparing prices annually from providers who sell insurance in Columbus. You can shop around by following these guidelines.

First, try to learn a little about the different coverages in a policy and the modifications you can make to prevent rate increases. Many rating criteria that increase rates like speeding tickets, accidents and an unacceptable credit rating can be amended by making lifestyle changes or driving safer. Continue reading for ideas to prevent high prices and find hidden discounts.

Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from a single company like GEICO or Farmers Insurance, while independent agencies can quote rates for many different companies.

Third, compare the new rates to your current policy premium to see if a cheaper price is available in Columbus. If you find better rates, make sure coverage does not lapse between policies.

The key aspect of shopping around is to make sure you’re comparing the same physical damage deductibles and liability limits on every price quote and and to get quotes from all possible companies. This guarantees the most accurate price comparison and maximum price selection.

It’s amazing but most car insurance buyers in Ohio have purchased from the same company for over three years, and almost half have never compared quotes from other companies. American drivers could save almost $859 every year by just shopping around, but they just assume it’s a time-consuming process to compare rate quotes.

Save Money with These Tips

When buying insurance it’s important to understand the rating factors that help determine the level of your policy premiums. If you know what influences your rates, this enables you to make decisions that can help you get much lower annual insurance costs. Many factors are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, but some are not as apparent like your vehicle usage or how financially stable you are.

Add-on coverages are wasting money – There are many additional coverages that may not really be needed on your insurance policy. Coverage for things like replacement cost coverage, better glass coverage, and extra equipment coverage may be costing you every month. They may sound like good ideas when deciding what coverages you need, but if you’ve never needed them in the past get rid of them and save.

Your liability coverage limits – The liability coverage on your policy kicks in if ever you are found liable for causing damage or personal injury in an accident. It will provide legal defense coverage up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so do not skimp.

Combine policies and save money – Most insurance companies afford a discount for people that have more than one policy such as combining an auto and homeowners policy. Even with this discount, consumers should still compare other Columbus Rio insurance rates to make sure you are getting the best deal.

Vehicle features that cut rates – Selecting a car model with an alarm system can save you some money. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your vehicle from being stolen.

Insurance loss probability for a Kia Rio – Insurers analyze past claim statistics as a way to help calculate a profitable premium rate. Models that the statistics show to have higher frequency or amount of claims will have increased rates.

The table shown below demonstrates the loss history for Kia Rio vehicles. For each type of coverage, the claim probability for all vehicles, regardless of make, model or trim level, is a value of 100. Values that are 100 or less suggest a better than average loss history, while numbers above 100 indicate frequent claims or tendency to have higher losses.

When quoting car insurance, remember that getting more free quotes will increase your chances of finding a lower rate than you’re paying now. Some smaller insurers do not give online price quotes, so it’s necessary to compare price quotes from the smaller companies as well.

The auto insurance companies shown below are ready to provide quotes in Ohio. If several companies are displayed, we suggest you visit as many as you can in order to get a fair rate comparison.

Kia Rio coverage analysis

The premium table displayed below highlights different policy rates for Kia Rio models. Being aware of how insurance policy rates are figured can aid in making decisions on the best policy to buy.

Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Estimates do not factor in vehicle location which can modify coverage prices substantially.

Higher deductibles lower rates

A question often asked by Columbus drivers is which deductibles should you choose. The comparisons below can help you understand how much more rates are when you buy lower versus higher deductibles. The first rate table uses a $100 physical damage coverage deductible and the second price table uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Prices do not factor in specific garaging location which can modify price quotes substantially.

Based on the data above, we can derive that using a $100 deductible will cost you approximately $16 more each month or $192 each year averaged for all Rio models than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at least 25 months between claims, you would probably be better off if you choose the higher deductible.

Auto insurance rates are higher with tickets and accidents

The diagram below illustrates how violations and fender-benders can influence Kia Rio insurance premiums for different insured age categories. The rate quotes are based on a married male driver, full coverage, $100 deductibles, and no other discounts are factored in.

Cost difference between full coverage and liability

The illustration below visualizes the comparison of Kia Rio insurance prices with full coverage compared to only the Ohio minimum liability coverage. The premiums assume no tickets, no at-fault accidents, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Should you buy full coverage or liability only?

There isn’t a steadfast formula to eliminate comp and collision coverage, but there is a guideline you can consider. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.

For example, let’s pretend your Kia Rio replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after paying your deductible. If you are paying in excess of $800 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are some scenarios where only buying liability is not a good plan. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Insuring your Rio just makes sense

Despite the fact that insurance is not cheap in Columbus, buying insurance may be mandatory for several reasons.

• The majority of states have compulsory liability insurance requirements which means the state requires a specific level of liability coverage in order to be legal. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your vehicle with a loan, most banks will require that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the lender will be forced to insure your Kia at an extremely high rate and force you to reimburse them a much higher amount than you were paying before.
• Insurance protects both your assets and your Kia. It will also reimburse you for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability insurance will also pay to defend you in the event you are sued. If damage is caused by hail or an accident, your insurance policy will pay all costs to repair after the deductible has been paid.

The benefits of having insurance are without a doubt worth the cost, particularly for liability claims. An average driver in America is currently overpaying as much as $800 each year so shop around each time the policy renews to save money.

Discounts mean cheaper rates for Kia Rio insurance in Columbus

Some providers don’t always list all possible discounts very well, so the list below details a few of the more common in addition to some of the lesser obvious ways to save on insurance. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

• ABS Brakes – Anti-lock brake equipped vehicles are safer to drive so you can save 10 percent or more.
• Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen so companies will give you a small discount.
• Resident Student – Older children who live away from home to go to college without a vehicle on campus could get you a discount.
• No Accidents – Drivers with accident-free driving histories pay much less when compared with frequent claim filers.
• More Vehicles More Savings – Purchasing coverage when you have more than one vehicle with the same insurance company may reduce the rate for each vehicle.
• Senior Discount – Drivers over the age of 55 can possibly qualify for reduced rates.
• Student Discounts – Maintaining excellent grades may save as much as 25% on a Columbus auto insurance quote. Many companies even apply the discount to college students up until you turn 25.
• Savings for New Vehicles – Adding a new car to your policy is cheaper because new vehicles keep occupants safer.
• Lower Rates for Military – Having a deployed family member may qualify for rate reductions.
• Columbus Homeowners Discount – Owning a home in Columbus can get you a discount because owning a home is proof that your finances are in order.

You can save money using discounts, but some of the credits will not apply to the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though it sounds like you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will reduce the premium cost.

The information below compares Kia Rio insurance costs with and without discounts applied to the rates. The premium estimates are based on a female driver, no claims or violations, Ohio state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, safe-driver, homeowner, multi-policy, and multi-car discounts applied.

A list of insurance companies and some of their more popular discounts can be read below.

• GEICO may include discounts for federal employee, emergency military deployment, membership and employees, military active duty, and defensive driver.
• Travelers discounts include new car, good student, driver training, payment discounts, and continuous insurance.
• Nationwide offers discounts including defensive driving, family plan, easy pay, good student, and business or organization.
• Farmers Insurance offers premium reductions for multi-car, distant student, switch companies, bundle discounts, youthful driver, mature driver, and good student.
• Esurance policyholders can earn discounts including multi-policy, renters, safety device, online quote, online shopper, good student, and anti-theft.
• State Farm may have discounts that include passive restraint, good driver, anti-theft, accident-free, defensive driving training, good student, and driver’s education.
• Progressive may offer discounts for online signing, continuous coverage, good student, online quote discount, multi-vehicle, and multi-policy.
• Mercury Insurance has savings for age of vehicle, good student, multi-car, location of vehicle, and ease of repair.

When comparing rates, check with every company how you can save money. Some credits might not be available to policyholders in your area. To find insurers that can offer you the previously mentioned discounts in Columbus, click here.

Local Columbus insurance agents

Some people would prefer to sit down and talk to an agent and that is a smart decision The biggest benefit of comparing rates online is you may find lower rates but also keep your business local. Buying from and supporting local agencies is important especially in Columbus.

To help locate an agent, after submitting this simple form, your insurance coverage information gets sent to participating agents in Columbus who will give you bids for your business. It’s much easier because you don’t need to drive around because quoted prices will be sent to the email address you provide. You can most likely find cheaper rates without a big time investment. If you wish to get a price quote for a specific company, you can always go to their quote page and give them your coverage information.

Selecting an insurer requires more thought than just a cheap price. A good agent in Columbus will have answers to these questions.

• Do the agents have professional certifications like CPCU or CIC?
• Do they see any coverage gaps in your plan?
• If independent agents, which companies do they recommend?
• Do they receive special compensation for putting your coverage with one company over another?
• Is auto insurance their primary focus in Columbus?

Insurance agents can help

When quoting and choosing proper insurance coverage, there is no best way to insure your cars. Your needs are unique to you and your policy should reflect that.
Here are some questions about coverages that may help you determine whether or not you might need professional guidance.

• Should I carry comprehensive and collision coverage?
• What is glass protection for?
• Can I drive in Mexico and have coverage?
• What is the rate difference between pleasure use and commuting?
• Is my ex-spouse still covered by my policy?
• Do I really need UM/UIM coverage?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Be persistent to save money

We’ve covered a lot of ways to shop for Kia Rio insurance online. It’s most important to understand that the more price quotes you have, the higher your chance of finding cheaper Columbus auto insurance quotes. You may even be surprised to find that the best auto insurance rates are with the least-expected company. These smaller insurers may often insure only within specific states and give better rates as compared to the big name companies such as Progressive or GEICO.

When buying insurance coverage, it’s very important that you do not buy less coverage just to save a little money. Too many times, drivers have reduced liability limits or collision coverage only to regret at claim time that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find at the lowest possible cost, but do not sacrifice coverage to save money.

To learn more, take a look at the following helpful articles:

• Collision Coverage (Liberty Mutual)
• Who Has Cheap Columbus Auto Insurance Quotes for a Toyota RAV4? (FAQ)
• Who Has Affordable Car Insurance Quotes for Police Officers in Columbus? (FAQ)
• Who Has Affordable Columbus Auto Insurance for a GMC Sierra? (FAQ)
• Who Has Affordable Car Insurance Rates for Seniors in Columbus? (FAQ)
• Who Has Affordable Auto Insurance for a Chevrolet Traverse in Columbus? (FAQ)
• Choosing a Car for Your Teen (State Farm)
• Auto Theft Statistics (Insurance Information Institute)
• New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)