Cheap Insurance for a Kia Forte in Vermont

Because the topic is auto insurance, the word “cheap” really shouldn’t be used anywhere in the article to describe car insurance prices. Excuse the oxymoron, but cheap car insurance for a Kia Forte is not easy to find. But don’t let us ruin your dream, because we are going to tell you how you can still get car insurance that you can afford.

Buying cheap insurance for a Kia Forte in Vermont depends upon factors such as the number of years of driving experience you have, if you have prior claims, and driving citations. Drivers pay on average $570 annually to insure their Forte, but that is using rate data for a 50-year-old single male driver who purchased full coverage including both comprehensive and collision and $1,000 deductibles.

But there is a high probability that you are not 50 and possibly not even male, maybe you are married instead of single, or maybe you have a teen driver on your policy that needs to be considered. What seems to be a minor change in policy rating factors can cause significant differences in the amount insurance costs for a Kia Forte.

This illustrates why the most reliable method for finding cheap insurance rates for your Kia is to comparison shop your policy at each renewal.

Find Cheaper Kia Forte Insurance

The trim level of your Forte has an effect on the annual cost of coverage, so the price you will be charged to insure a Forte LX 4-Dr Sedan trim level will be $132 cheaper than the price to insure the more well-appointed Forte SX 2-Dr Coupe version, as demonstrated by the prices below.

Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Vermont minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price estimates do not factor in specific garaging location which can impact insurance rates substantially.

Buying coverage from the right company can be a challenge considering how many different insurance companies sell coverage in Vermont. The company ratings below may help you choose which auto insurance companies to look at when trying to find cheaper insurance for a Kia Forte.

The rankings below only include the companies with a significant amount of written premium nationwide, so companies that may only write in Vermont are not taken into consideration for this list. If you wish to compare rates from these and other competitive companies, click here.

The diagram below demonstrates how choosing different deductibles can change insurance prices when quoting cheap insurance for a Kia Forte. The costs are based on a married male driver, comp and collision included, and no discounts are factored in.

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As shown above, a 50-year-old driver could lower their policy premium by $232 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $348 by using a $1,000 deductible. Younger drivers, like the Age 20 category, can cut $774 or more just by choosing higher deductibles. If you make the decision to raise deductibles, it is a good idea to have additional funds in a savings account to offset the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Rate difference between full and liability-only coverage

Finding cheap insurance for a Kia Forte in Vermont is important to most vehicle owners, and one of the best ways to buy cheap insurance is to not insure for full coverage. The information below illustrates the difference between insurance prices with and without physical damage coverage. The data assumes no claims, a clean driving record, $250 deductibles, drivers are single, and no discounts are applied.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 2917,959],[‘Age 30’, 1519,529],[‘Age 40’, 1501,491],[‘Age 50’, 1367,461],[‘Age 60’, 1321,453],[‘Age 70’, 1611,603]]);var options = {title: ‘Full Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Kia Forte in Vermont’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If all age groups are averaged, comprehensive and collision coverage on your policy costs an additional $1,706 per year over having just liability coverage. That is a big expense that brings up the question if it’s worth it to buy full coverage. There is no definitive formula to delete comp and collision coverage, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

There are some scenarios where dropping physical damage coverage is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage on your policy.

Find cheap insurance for a Kia Forte in Vermont

The list below summarizes some of the better thrifty solutions that can help Vermont drivers get more affordable auto insurance.

• Frequent claims will increase rates
• Buying home and auto insurance together can earn discounts
• Increase the comprehensive and collision deductibles on your policy
• Clean up your credit rating
• Don’t waste money on full coverage for older vehicles
• Choose a safer vehicle and pay lower rates
• Compare rates often to find the best deal

That final tip is extraordinarily necessary, as was discussed in the prior article. Prices charged by companies change frequently, so don’t be tentative to buy a different policy if you can save money. Staying with the same car insurance company is fine, but it’s not recommended if that faithfulness ends up costing you thousands of dollars over the life of your policy. Take a couple minutes and shop around to find cheaper car insurance for a Kia Forte.

State Farm, Allstate, Progressive, or Geico: Which is best?

When researching auto insurance, four companies to take a look at are State Farm, Allstate, Progressive, and Geico. Combined they insure about 50% of all auto insurance written. The data below rates some of the ratings and options that are available for policyholders.