Save Money on Kia Optima Insurance in Irvine

Discount Kia Optima insuranceTo 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.

Kia Optima Insurance Rates in Irvine, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $334 $662 $604 $36 $180 $1,816 $151
Optima EX $378 $780 $604 $36 $180 $1,978 $165
Optima SX $378 $780 $604 $36 $180 $1,978 $165
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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.

Kia Optima insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $342 $576 $500 $30 $150 $1,623 $135
Optima EX $386 $678 $500 $30 $150 $1,769 $147
Optima SX $386 $678 $500 $30 $150 $1,769 $147
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Kia Optima insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $210 $362 $500 $30 $150 $1,252 $104
Optima EX $238 $426 $500 $30 $150 $1,344 $112
Optima SX $238 $426 $500 $30 $150 $1,344 $112
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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.

How to determine if raising deductibles makes sense

Average monthly premium for $250 deductibles: $143
Average monthly premium for $1,000 deductibles (subtract): – $109
Monthly savings from raising deductible: $34
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $34
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 22 months

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.

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.Auto insurance discounts

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:

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.

Irvine insurance agentsAfter 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.

201 Sandpointe Ave Suite 600Santa Ana, CA 92707(866) 845-9815View Map

17621 Irvine Blvd #112Tustin, CA 92780(714) 838-1704View Map

14795 Jeffrey RdIrvine, CA 92618(949) 786-6888View Map

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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.

17702 Mitchell NIrvine, CA 92614(949) 216-3620View Map

4000 Barranca Pkwy # 250Irvine, CA 92604(949) 262-3238View Map

15333 Culver Dr #130Irvine, CA 92604(949) 552-3600View Map

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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.

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: