Who Has the Cheapest Insurance for a Kia Optima in Georgia?

The odds of finding cheap car insurance for a Kia Optima in Georgia depends on an enormous amount of factors such as how far you drive to work, where you live, and violations on your driving record. Drivers in Georgia pay approximately $1,260 each year to insure a Kia Optima, but that rate is an estimate using rate data for a 30-year-old single female that wants full physical damage coverage and $500 policy deductibles.

There is a good probability you are not 30 and maybe not even a female, possibly married instead of single, or maybe you have a teen driver on your policy that needs to be considered. What seems to be a small difference in the factors used in pricing a policy can result in a large change in the cost of insurance for a Kia Optima.

Everyone has unique insurance needs, and this illustrates why the only way to find the most affordable coverage for your Kia is to comparison shop your policy at each renewal.

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Your vehicle’s trim level will influence the yearly cost, so the rate you pay to insure a Optima LX will be $126 less than the insurance cost for the more well-appointed Optima SX trim level, as shown by the rates below.

Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in vehicle location which can increase or decrease price quotes greatly.

Determining which companies have the cheapest auto insurance rates for a Kia Optima takes a little more sweat in order to find the best policy. Every car insurance company has their own formula to set policy rates, so to begin we’ll rank the auto insurance companies with the overall best prices in Georgia.

We do need to point out that Georgia auto insurance rates are impacted by many factors which can substantially change the cost of a policy. Improving your credit rating, increasing liability limits, or getting a DUI can trigger changes in premium that may make certain companies cheaper than before.

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Auto-Owners normally has some of the lowest car insurance rates in Georgia at around $864 a year. The Hartford, USAA, Central Mutual, and MetLife also are some of the best Georgia insurance companies.

As the example above demonstrates, if you currently have coverage with Central Mutual and switched to The Hartford, you could see annual savings of in the vicinity of $292. Policyholders with MetLife could save as much as $313 a year, and Georgia Farm Bureau insureds might lower prices by $360 a year.

Bear in mind that those estimates are averaged for all types of insureds and vehicles and and are not calculated with a specific rate value for a Kia Optima. So the insurer that is best suited for you may not even be featured in the list of companies above. That underscores the importance of why you need to quote rates from many companies using your own driver and vehicle profiles.

Difference between liability only and full coverage rates

Finding the cheapest insurance for a Kia Optima in Georgia is important to the majority of vehicle owners, and one easy way to save on the cost of insurance is to not pay for full coverage. The example below visualizes the comparison of auto insurance rates with full coverage compared to only the Georgia minimum liability coverage. The information is based on no violations or accidents, $100 deductibles, single status, and no discounts are applied to the premium.

As an overall average, physical damage coverage costs $2,814 per year over liability only. At some point, almost every driver questions if paying for full coverage is worth it. There isn’t a written rule to delete physical damage coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

There are some situations where removing full coverage is not a good idea. If you haven’t satisfied your loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not remove full coverage.

Don’t stick with an overpriced policy

Georgia auto insurance rates are based on many factors that will increase or decrease the cost of a policy. Simply getting older, buying higher coverage limits, or getting into an accident may prompt premium changes that can make some companies affordable when they were higher priced. In addition, insurance companies file new Georgia auto insurance rates as often as every quarter in order to remain profitable. Higher than normal claims can cause more expensive prices, while a profitable period can result in cheaper Optima insurance rates.

As an example, the graph below shows the company with the cheapest car insurance in Georgia for a 40-year-old female driver with no violations or accidents, and good financial standing. When quoting prices based on her current rating profile, Auto-Owners offers the most affordable car insurance rates in Georgia at $839 a year. This is $690 less than the average premium paid by Georgia drivers of $1,529. The Hartford, USAA, Central Mutual, and MetLife also make the list of the top five cheapest Georgia auto insurance companies.

Let’s now give the driver from above an accident surcharge, a lower credit rating, and a couple of points charged on her driving record. Due to the fact that each insurance company has their own process to set premium rates, comparing quotes could now result in a completely different list of the cheapest companies as shown below.

The Hartford now has the lowest price in Georgia with Georgia Farm Bureau, Mercury, Safeco, and Country completing the list. This example proves why it is important to compare lots of rates to get the lowest auto insurance rates for a Kia Optima. Rates are made up of many different factors and can change without notice, so the cheapest option a year ago may now be one of the more expensive options.

How to find more affordable car insurance for a Kia Optima

Below you’ll find some of the better money-saving solutions that can help drivers locate the cheapest car insurance.

• Do not pay for full coverage on older vehicles
• Good credit can save money
• Buy a safer vehicle
• Be a cautious driver
• Do not get into accidents
• Increase your deductibles
• Comparison shop at least once a year

The last item on the list is extraordinarily critical, as we hit on in the article above. Auto insurance prices change a lot, so drivers shouldn’t be reluctant to buy a policy from a new company if you can find a cheaper rate.

Staying with the same car insurance company is fine, but it’s not a good idea if that stubbornness costs you a lot of money every month. Now is a great time to compare rates to find cheaper insurance for a Kia Optima.

Who has the cheapest Kia Optima insurance quotes?

You have a lot of ways to purchase auto insurance in Georgia, but the most common methods are using an independent insurance agent, a captive (or exclusive) agency such as Auto-Owners or State Farm, or direct either online or via phone. Each way has the same basic steps, but auto insurance buyers need to understand the differences in how they price policies.

Independent agencies write for multiple companies and can quote your policy with all of them. These types of agencies are not restricted to one company and can give you more rates, which can give you the best chance of saving money. If a cheaper price is found, the business is moved internally and you won’t have to switch agencies.

An exlusive, or captive, agency is only able to quote rates with one company, examples being an Auto-Owners or Allstate agent. These agents normally cannot place coverage with different providers, so if finding the cheapest coverage is your goal, you will need to shop around.

The third popular method of shopping for auto insurance is direct, which means you do not use an agent and instead buy direct either online or via phone. Shopping direct can be a good choice for people who have limited assets and have a decent understanding of how auto insurance works.

So which way is best for finding the cheapest insurance for a Kia Optima in Georgia? It would be simple to say shopping direct results in the best prices since that prevents the need to pay agent commissions, but unfortunately, it’s not that cut and dried. And we’d like to say buying from an independent agent guarantees the best prices since they can quote with many companies, but that assumption is not true either. And often times, exclusive agencies may have very competitive prices that are impossible to beat.

Due to that fact that auto insurance uses so many rating variables, really the only way to get the cheapest rates is to compare, compare, and compare some more. To find the best rates, be sure to get prices 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.