The best way to get cheaper car insurance rates in Mesa is to start comparing rates regularly from insurers who sell auto insurance in Arizona.
First, take a little time to learn about how companies set rates and the measures you can take to keep rates low. Many risk factors that cause rate increases like inattentive driving and poor credit can be controlled by making minor changes in your lifestyle.
Second, compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes from multiple insurance companies.
Third, compare the quotes to the premium of your current policy to see if a cheaper price is available in Mesa. If you find a better price and decide to switch, ensure there is no coverage lapse between policies.
The key thing to know about shopping around is to compare identical coverage information on every quote request and and to compare every company you can. This enables an apples-to-apples comparison and a thorough price selection.
It’s a fact that insurance companies don’t want their customers to go rate shopping. Drivers who shop around at least once a year are very likely to buy a new policy because there is a good chance of finding a cheaper policy. Surprisingly, a recent survey revealed that consumers who made a habit of comparing rates saved as much as $3,450 over four years compared to policyholders who don’t regularly compare prices.
If finding the lowest price on Kia Rio insurance in Mesa is the reason you’re reading this, then learning a little about how to find companies and compare insurance coverage can save time, money, and frustration.
Finding the cheapest car insurance coverage in Mesa is actually very simple if you learn how to start. If you have coverage now, you should be able to save money using the concepts covered in this article. Drivers just have to know the most effective way to get comparison quotes online.
The companies shown below provide free quotes in Mesa, AZ. If you want the best cheap car insurance in AZ, we suggest you get price quotes from several of them to get the best price comparison.
Analysis of Kia Rio rates
The rate table shown below showcases estimates of insurance rates for Kia Rio models. Having a better idea how auto insurance premiums are calculated can help guide drivers when making smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Information does not factor in specific garaging location which can affect auto insurance rates significantly.
Should you buy full coverage?
The information below shows the comparison of Kia Rio insurance premiums with liability coverage only compared to full coverage. The premium estimates are based on no violations or accidents, $100 deductibles, marital status is single, and no discounts are applied to the premium.
Should you pay for full coverage or liability only?
There is no clear-cut rule to drop physical damage coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let’s pretend your Kia Rio claim settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $6,000 after paying your deductible. If it’s costing you more than $600 a year for full coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where only buying liability is not financially feasible. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage.
Buying the right Kia Rio insurance in Arizona is an important decision
Despite the potentially high cost of Kia Rio insurance, insurance is mandatory in Arizona but it also protects more than you think.
- Almost all states have mandatory liability insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to drive the car legally. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Kia Rio has a loan, most lenders will force you to have insurance to ensure loan repayment if the vehicle is totaled. If you default on your policy, the lender will be forced to insure your Kia for a lot more money and force you to pay for the expensive policy.
- Insurance safeguards not only your Kia but also your financial assets. It will also cover hospital and medical expenses incurred in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of carrying adequate insurance more than offset the price you pay, especially with large liability claims. Despite what companies tell you, the average driver overpays as much as $750 every year so smart consumers compare quotes every year to ensure rates are inline.
Why Smart Buyers Pay Less for Kia Rio Insurance
The best way to find cheaper insurance is to take a look at the rating factors that play a part in calculating the price you pay for insurance. If you have a feel for what determines base rates, this allows you to make good choices that can earn you lower premium levels.
- Low coverage deductibles can be expensive – Physical damage deductibles are how much you are required to spend in the event of a claim. Insurance for physical damage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some examples of claims that would be covered are colliding with a stationary object, animal collisions, and damage caused by road hazards. The more damage repair cost the insured is willing to pay, the lower your rates will be.
- Too many policy claims drive up premiums – If you are a frequent claim filer, you shouldn’t be surprised to get either higher rates or even cancellation. Car insurance companies in Arizona provide lower rates to people who only file infrequent claims. Your car insurance is intended to be relied upon for the large, substantial claims.
- Use credit responsibly and save – Having a bad credit history will be a significant factor in calculating your insurance rates. If your credit history can use some improvement, you could potentially save money when insuring your Kia Rio by improving your credit score. Insureds that have excellent credit tend to be more responsible than drivers who have bad credit.
Performance makes a difference – The type of vehicle you are trying to find cheaper insurance for makes a huge difference in your auto insurance rates. The best insurance prices are usually found on smaller low performance passenger vehicles, but your final cost has many other factors.
The data below uses these assumptions: married female driver age 20, full coverage with $100 deductibles, and no discounts or violations. The chart compares Kia Rio rates compared to other models of vehicles that have different performance risks.
- Stress out and pay more – Do you have a high-stress occupation? Occupational choices like fire fighters, business owners, and accountants tend to pay higher rates than average attributed to stressful work requirements and extremely grueling work hours. Conversely, careers like actors, athletes and homemakers have the lowest average rates.
Kia Rio insurance loss probability – Insurance companies use past loss statistics for each vehicle when they calculate premium prices for each model. Models that the data shows to have high amounts or severity of claims will be charged more to insure. The table below illustrates the actual insurance loss data for Kia Rio vehicles.
For each insurance policy coverage type, the claim amount for all vehicles, as an average, equals 100. Percentage numbers below 100 are indicative of better than average losses, while numbers shown that are more than 100 show a trend for more claims or an increased probability of a larger loss.
Insurance Loss Ratings for Kia Rio Vehicles Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Kia Rio 90 109 81 141 158 127BETTERAVERAGEWORSE
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
What is the best auto insurance coverage?
When it comes to the right insurance coverage, there really is no perfect coverage plan. Your needs are unique to you.
These are some specific questions could help you determine if you could use an agent’s help.
- Is my business laptop covered if it gets stolen from my vehicle?
- How do I file an SR-22 for a DUI in Arizona?
- Are my friends covered when driving my Kia Rio?
- Can my teen driver be rated on a liability-only vehicle?
- What are good deductibles for a Kia Rio?
- When should I buy a commercial auto policy?
- Can I rent a car in Mexico?
- What if I don’t agree with a claim settlement offer?
If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.
Persistent drivers can save
We just showed you a lot of techniques to compare Kia Rio insurance prices in Mesa. The key concept to understand is the more companies you get rates for, the higher your chance of finding affordable Kia Rio insurance quotes. You may even be surprised to find that the best prices are with an unexpected company.
Lower-priced Kia Rio insurance in Mesa is possible from both online companies in addition to many Mesa insurance agents, and you need to price shop both to get a complete price analysis. Some insurance providers do not provide the ability to get a quote online and many times these smaller providers prefer to sell through local independent agents.
People leave their current company for a variety of reasons including not issuing a premium refund, delays in paying claims, policy cancellation and unfair underwriting practices. Regardless of your reason, finding the right car insurance provider is easier than you think.
For more information, feel free to browse the resources below:
- Where can I buy Insurance? (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for a Kia Optima in Mesa? (FAQ)
- Who Has the Cheapest Mesa Auto Insurance Quotes for Infrequent Drivers? (FAQ)
- How Much are Mesa Car Insurance Quotes for Nurses? (FAQ)
- Which Company has the Cheapest Car Insurance in Mesa, Arizona? (FAQ)
- Who Has Affordable Auto Insurance for Drivers Over Age 70 in Mesa? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Hyundai Santa Fe in Mesa? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a School Permit in Mesa? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers with Accidents in Mesa? (FAQ)
- Winter Driving (Insurance Information Institute)
- Car Insurance: When not to Skimp (BankRate.com)