2008 Kia Spectra Car Insurance Cost

Pretty sure you bought an underperforming, overpriced insurance coverage policy? Don’t sweat it because there are lots of residents who feel the same.

Due to the fact that there are so many insurance coverage companies to choose from, it can be challenging to locate the cheapest company.

Choosing the best insurance company for you is not rocket science. In a nutshell, everyone who shops for car insurance will more than likely be able to find better rates. But car owners should learn how insurance companies price insurance differently and take advantage of how the system works.

Low cost car insurance prices

Most larger insurance companies like Progressive, GEICO, Allstate and State Farm allow you to get price estimates direct online. Getting online quotes is fairly straightforward as all you need to do is type in the amount of coverage you want on the page. Behind the scenes, the system gets your driving record and credit report and returns a price based on these and other factors. Online quotes makes it a lot easier to compare rates but having to visit many different websites and fill out multiple forms gets old quite quickly. But it’s absolutely necessary to get many rate quotes in order to find a better rate.

Keep reading for an easier way to compare prices

A better way to find better car insurance pricing makes use of a single form that analyzes rates from many companies. It saves time, reduces the work, and makes rate comparisons much more efficient. Once the form is submitted, your coverage is rated with multiple companies and you can pick your choice of the price quotes you receive. If you find a better price it’s easy to complete the application and buy the new coverage. The entire process takes 15 minutes at the most and you’ll know if lower rates are available.

If you want to compare pricing, click here to open in a new tab and input your coverage information. If you have a policy now, it’s recommended you type in your coverages as shown on your current policy. Doing this guarantees you are getting a fair comparison based on identical coverages.

Do auto insurance companies bend the truth?

Companies like Progressive, GEICO, Allstate and State Farm continually stream television and radio advertisements. They all seem to tend to make the same promise that you’ll save big if you move to their company. How is it plausible that every one can make the same claim? It’s all in the wording.

Most companies provide the lowest rates for a prospective insured that makes them money. An example of a profitable insured could possibly be over the age of 35, owns their home, and drives a vehicle with a low ISO rating. A customer that meets those criteria will most likely get cheap car insurance rates and will also save when switching.

Consumers who may not quite match the “perfect” profile will be charged a higher rate and ends up with the customer not purchasing. If you listen to the ad wording, they say “drivers who switch” not “everybody who quotes” save that kind of money. That’s the way companies can truthfully lure you into getting a quote. This emphasizes why it’s extremely important to get as many free insurance coverage quotes as possible. It’s just too difficult to predict with any certainty which company will fit your personal profile best.

Find cheap car insurance with these tips

It’s important that you understand the rating factors that are used to determine your premiums. If you have some idea of what influences your rates, this allows you to make educated decisions that could result in cheaper rates. Many different elements are taken into consideration when premium rates are determined. Some factors are common sense such as your driving history, but other criteria are more obscure like your vehicle usage or how financially stable you are.

The list below includes most of the major factors utilized by car insurance companies to help set prices.

  • Pay less with a high IIHS safety rating – Cars with five star safety ratings tend to have lower insurance rates. Vehicles engineered for safety have better occupant injury protection and fewer injuries means less claims paid passed on to you as lower rates. If your Kia is rated at least four stars on Safercar.gov it is probably cheaper to insure.
  • Get hitched and get cheaper prices – Walking down the aisle actually saves money on your car insurance policy. Having a significant other generally demonstrates drivers are more mature and insurance companies reward insureds because married couples file fewer claims.
  • Amount of liability – Your policy’s liability coverage is the protection if ever you are found to be at fault for an accident. Your liability coverage provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive when compared to the cost of physical damage coverage, so do not cut corners here.
  • Rural areas have lower rates – Being located in small towns and rural areas has it’s advantages when it comes to car insurance. People in densly populated areas have to deal with more traffic problems and higher rates of accident claims. Less people living in that area translates into fewer accident claims and a lower car theft rate.
  • Policy add-ons could be costing you – Policies have additional coverages that you can get tricked into buying on your car insurance policy. Add-on coverages like personal injury protection, better glass coverage, and Farm Bureau memberships are probably not needed. They may seem good when discussing your needs, but if you have no use for them eliminate the coverages to reduce your premium.
  • Gender and auto insurance rates – Statistics demonstrate that females tend to be a little less risky than males. However, this does not mean men are WORSE drivers than women. Both genders are responsible for accidents at a similar rate, but the males have costlier accidents. Men also tend to receive more major tickets like DUI and reckless driving.

Save with these rate-reducing discounts

Auto insurance is neither fun to buy or cheap, but you may find discounts that many consumers don’t even know exist. Certain discounts will be applied at the time you complete a quote, but occassionally some discounts must be specially asked for before you get the savings.

  • Professional Organizations – Being in a professional or civic organization could earn you a nice discount on your next renewal.
  • Senior Citizens – If you qualify as a senior citizen, you may receive a slight reduction on a insurance coverage quote for Spectra coverage.
  • Discounts for Good Drivers – Drivers who don’t get into accidents may receive a discount up to 45% for Spectra coverage than drivers with accident claims.
  • Discount for Passive Restraints – Cars that have air bags and/or automatic seat belt systems could see savings of up to 25% or more.
  • Discount for Life Insurance – Companies who offer life insurance give lower premium rates if you buy auto and life insurance together.
  • Anti-lock Brakes – Cars equipped with ABS or steering control are much safer to drive and earn discounts up to 10%.
  • Multiple Vehicles – Buying a policy with more than one vehicle with the same auto insurance company can reduce the rates for all insured vehicles.
  • Bundled Policy Discount – If you can combine your auto and homeowners policy and insure them with the same company you could earn a discount of over 10 percent off each policy depending on the company.
  • Low Mileage Discounts – Keeping the miles down on your Kia may allow you to get lower prices due to less chance of an accident.
  • Sign Online – Many companies will give you a small discount for buying your policy over the internet.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, companies don’t profit that way.

Some companies that may offer policyholders these money-saving discounts include:

Before purchasing a policy, check with each company or agent how many discounts you can get. Some of the discounts discussed earlier may not be offered in your area. If you would like to view providers that offer some of these discounts, follow this link.

Do I need special coverages?

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s needs are different so this has to be addressed. These are some specific questions could help you determine whether you may require specific advice.

  • Does coverage extend to a rental car in a foreign country?
  • Why am I required to get a high-risk car insurance policy?
  • Why is insurance for a teen driver so high?
  • Should I put collision coverage on all my vehicles?
  • Is my custom paint covered by insurance?
  • Is upholstery damage covered by car insurance?
  • Does car insurance cover theft of personal property?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Insurance policy coverages for a 2008 Kia Spectra

Understanding the coverages of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages available from insurance companies.

Liability

Liability coverage can cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you against other people’s claims. It does not 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 limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims such as repair costs for stationary objects, funeral expenses, medical expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like vandalism, falling objects, damage from flooding, fire damage and hail damage. The highest amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your 2008 Kia Spectra.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Collision insurance

Collision insurance pays for damage to your Spectra resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like sideswiping another vehicle, crashing into a building, hitting a parking meter and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses like rehabilitation expenses, ambulance fees, chiropractic care and X-ray expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Final thoughts

We just presented a lot of information how to get a better price on 2008 Kia Spectra insurance. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the lowest car insurance rates are with a small mutual company. Regional companies may have significantly lower premium rates on certain market segments compared to the large companies like State Farm or Progressive.

Cost effective 2008 Kia Spectra insurance is possible online and also from your neighborhood agents, and you should be comparing both in order to have the best chance of saving money. Some auto insurance companies may not provide rate quotes online and many times these regional insurance providers sell through independent agents.

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