Best Cheap Insurance for a Kia Forte in Michigan

Finding cheaper coverage for a Kia Forte in Michigan is dependent upon a fairly complex equation with a lot of factors such as how many miles you drive each year, if you are a frequent claim filer, and if you have any chargeable driving offenses. Drivers in Michigan will pay on average $2,040 per year to buy insurance for a Kia Forte, but that cost is an estimation based on a 30-year-old married female who purchased full coverage including both comprehensive and collision and $250 physical damage deductibles.

It’s highly likely that you are not 30 and possibly not even female, possibly single instead of married, and you want different coverage limits than the example. Having just a slight change in rating criteria or coverage limits can result in a big discrepancy in rates.

Every policy is rated specifically for the driver, so the most reliable way to find cheap insurance prices for your Kia is to make a habit of regularly comparing rates from other companies. In just a few minutes you can get rates from the cheapest companies that insure vehicles in Michigan.

Find Cheaper Kia Forte Insurance

The trim level of your Forte will be a contributing factor to the insurance rate, so the price to insure a Forte LX 4-Dr Sedan trim level will be $506 less than the cost to insure the higher-end Forte SX 2-Dr Coupe model, as shown in the prices below.

Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Price information does not factor in vehicle garaging location which can increase or decrease insurance rates noticeably.

Finding out which company has the most affordable insurance rates for a Kia Forte calls for more work than just comparing a company or two. Each company has a proprietary formula for setting prices, so we’ll take a look at the overall cheapest insurance companies in Michigan.

Find the Best Cheap Insurance for Your Forte

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USAA quotes some of the most affordable car insurance rates in Michigan at around $949 each year. GEICO, Safeco, MetLife, and Chubb also make the cut as some of the best Michigan car insurance companies.

In the rate table above, if you buy coverage from Chubb and switched to GEICO, you could see an annual savings of around $383. Policyholders with MEEMIC could save as much as $405 a year, and Pioneer State Mutual policyholders might reduce prices by as much as $441 a year.

Remember that these policy rates are averages across all types of drivers and the different vehicles they drive and do not factor in a specific rate factor for a Kia Forte. So the company that is best suited for you may not even be shown in the list of companies above. That is why you need to get auto insurance quotes using your own specific driver and vehicle information.

The information below shows how different deductible levels can increase or decrease yearly insurance costs when getting quotes for cheap insurance for a Kia Forte. The premium estimates are based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.

The chart above illustrates that a 30-year-old driver could lower rates by $872 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $1,314 by changing to a $1,000 deductible. Younger drivers, like the 20-year-old example, have the ability to save up to $1,946 annually just by choosing higher deductibles when buying full coverage. When increasing deductibles, it will be required to have spare funds to pay the extra out-of-pocket expense associated with higher deductibles.

Liability only or full coverage

Finding the best cheap insurance for a Kia Forte in Michigan is probably important to most people, and one easy way to buy cheap insurance is to not insure for full coverage. The illustration below illustrates the difference between premium costs with and without physical damage coverage. The premiums are based on no tickets, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are applied to the premium.

Averaged for all age groups, full coverage on your policy costs an additional $4,387 per year over and above liability only. That may make you wonder when is the right time to remove full coverage. There is no clear-cut formula of when to drop physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.

There are some circumstances where removing full coverage is not financially feasible. If you haven’t satisfied your loan, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not buy liability only.

How to find budget-friendly auto insurance for a Kia Forte

The list below details a few penny-pinching suggestions that can help Michigan drivers get the cheapest car insurance.

• Buy a car with high safety ratings
• Home or renters coverage can save on auto insurance
• Assess whether full coverage is needed
• Serious violations like DUI or reckless driving can increase rates dramatically
• Avoid price increases by not filing claims
• Avoid preventable accidents
• Ensure you have the best deal by shopping around regularly

The last tip in the list is extremely important, as was discussed in this write-up. Car insurance rates change a lot, so drivers shouldn’t be resistant to switch companies if a cheaper rate is available. Many consumers stick with the same company and that’s fine, but it’s not a good idea if that loyalty ends up costing hundreds of dollars year after year. If you have a few minutes, now is a great time to shop around and find cheaper car insurance for a Kia Forte.

Allstate, Progressive, Geico, or State Farm: Who is cheapest?

When comparing rates for auto insurance, four companies to definitely compare rates with are Allstate, Progressive, Geico, and State Farm. When combined, they make up over 45% of all policies written. They all offer your standard coverages, but each one has a slightly different set of options and discounts that may steer you one way or another. The following table ranks some of the different features that may be available in your state.

Who has the cheapest Kia Forte insurance quotes?

Drivers have a lot of ways to find cheap insurance in Michigan, but the most popular methods are through an exclusive agency such as Auto-Owners or State Farm, an independent agent, or buying direct from a company like Progressive or Geico. All three ways are similar, but each is slightly different in how they give price quotes.

Independent agencies write for multiple companies and can compare coverage rates with each one. These agents have the ability to quote rates with many companies, which can help you get a better overall rate comparison. If cheaper coverage is found, your agent can just switch to a different company and you can remain with the same agent.

Exclusive agencies are only able to quote rates from a single company, two of the more popular are Allstate or State Farm agents. Exclusive agents generally are unable to quote rates from more than one company, so if their pricing is high, there is no alternative.

Drivers who opt to buy insurance direct forego an agent and instead buy from a direct company like Geico. Shopping for insurance direct can be good for families who do not need high levels of coverage and have a good understanding of what coverages, limits, and deductibles they need.

So which one of the three ways works best to buy the best cheap insurance for a Kia Forte in Michigan? We’d like to tell you buying from a direct car insurance company saves the most money because there is no agent involved, but unfortunately, that is not always true. A valid argument could also be made that an independent agent is the best way to save since they can quote with many companies, but that assumption is also not accurate. In the right set of circumstances, the exclusive agents have coverage prices that are the cheapest.

Because there is so much variation in insurance prices, the one way to ensure you are not overpaying for insurance is to get quotes and compare the rates. Make the effort to get quotes from all three to have a good selection of rates to choose from. A great place to start is our list of online companies offering discounts: click here to view.