Who Has Cheap Insurance for a Kia Optima in North Carolina?

Our editors have a joke that when writing about car insurance, the words “cheap” or “affordable” should never appear anywhere to describe car insurance prices. It’s a simple fact that cheap auto insurance for a Kia Optima is pretty hard to find. But don’t let us ruin your dream, because we are going to tell you how you can still find and buy auto insurance that works with your budget.

Whether or not you can find the best cheap coverage for a Kia Optima in North Carolina is contingent on a calculation that uses factors such as whether you use your Optima for business use, if you have ever let your coverage lapse, and driving violations and tickets. Drivers in North Carolina pay on average $650 annually to insure their Optima, but that figure is an estimation using a 50-year-old single female that wants both comprehensive and collision coverage and $500 physical damage deductibles.

When making auto insurance estimates, the issue arises that you are not 50 years old and maybe not even female, possibly married instead of single, and maybe you want different deductibles. What seems to be a small difference in the rating criteria used to formulate rates can make a huge difference in how much coverage for a Kia Optima costs.

Having different needs demonstrates why the only way to find cheap insurance rates for your Kia is to do the rate comparisons yourself. Get a free quote now and you can get prices from some of the best companies that offer coverage in North Carolina.

Cheapest Kia Optima Insurance Rates

The trim level of your Optima impacts the cost of coverage, so the rate you will pay to insure a Optima LX model will be $64 less expensive the price to insure the more costly Optima SX model, as shown by the rates below.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Prices do not factor in North Carolina location which can decrease or increase premiums substantially.

Finding dependable, cheap insurance is not easy, and deciding which insurers offer the cheapest car insurance rates for a Kia Optima involves even more diligence. Every auto insurer uses a little different formula for setting prices, so let’s take a look at the overall cheapest car insurance companies in North Carolina.

Best Insurance Companies for Your Optima

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Progressive may have some of the lowest car insurance rates in North Carolina at around $658 annually. Utica National, NC Farm Bureau, Liberty Mutual, and Penn National also make the cut as some of the cheaper North Carolina car insurance companies.

In this example, if you are insured with NC Farm Bureau and switched to Progressive, you might realize yearly savings of in the neighborhood of $51. Drivers with Liberty Mutual could save as much as $70 a year, and Penn National insureds might cut rates by $81 a year.

Be aware that those rates are averaged across all types of insureds and vehicles and and are not calculated with a specific rate factor for a Kia Optima. So the car insurance company that fits your age and vehicle best may not even be shown in the above rate chart. That illustrates why you need to get rate quotes from many companies using your own driver data and vehicle information.

Discounts on cheap insurance for a Kia Optima in North Carolina

Insurance companies that offer quotes for a Kia Optima may provide policy discounts that could lower prices by as much as 40% or more if you are eligible to receive them. A list of companies and their offered discounts are included below.

• GEICO has savings for defensive driver, membership and employees, federal employee, seat belt use, daytime running lights, and military active duty.
• SAFECO may have discounts that include multi-car, anti-theft, bundle discounts, homeowner, teen safe driver, and accident prevention training.
• State Farm offers premium reductions for Drive Safe & Save, safe vehicle, student away at school, passive restraint, Steer Clear safe driver discount, multiple policy, and multiple autos.
• MetLife has discounts for good driver, multi-policy, defensive driver, claim-free, and accident-free.
• 21st Century policyholders can earn discounts including driver training, air bags, early bird, 55 and older, automatic seat belts, and homeowners.
• Progressive may offer discounts for online quote discount, multi-vehicle, homeowner, multi-policy, continuous coverage, good student, and online signing.

The example below shows the comparison of insurance rates with and without discounts applied to the policy rates. The prices are based on a female driver, no accidents, no driving violations, North Carolina state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with safe-driver, homeowner, defensive driving course, multiple policy, claim-free, and anti-theft discounts applied. When discounts are applied, the average savings per year on car insurance for a Kia Optima is 28% or $510.

Tickets and at-fault accidents raise rates

The best way to maintain the most affordable car insurance prices in North Carolina for an Optima is to drive safely and not receive tickets or have accidents. The illustration below illustrates how traffic citations and accidents influence insurance rates for each different age category. The premiums assume a married female driver, full coverage, $100 deductibles, and no other discounts are factored in.

In the example above, the average cost of auto insurance in North Carolina per year with a clean driving record and no accidents is $1,379. Get written up for two speeding tickets and the average cost rises to $1,961, an increase of $582 each year. Then throw in two accidents along with the two speeding tickets and the 12-month cost of car insurance for a Kia Optima goes up to an average of $4,093. That’s an increase of $2,715, or $226 per month, just for not keeping your driving record clean!

Best rates: Progressive, Geico, State Farm, or Allstate

When shopping for insurance for an Optima, four of the best places to start are Progressive, Geico, State Farm, and Allstate. If you add them together, they insure nearly half of all auto insurance written. The next table shows price and claims rank as well as some different options offered by each one.