How Much is Insurance for a Kia Optima in Oregon?

Our editors keep telling us that when writing about car insurance, the words cheap or affordable really shouldn’t be used as a descriptor for car insurance rates. The fact is, cheap auto insurance for a Kia Optima may be a thing of the past. Don’t let that spoil your day, because we will tell you how you can still get insurance that is considered budget-friendly.

Buying the cheapest auto insurance for a Kia Optima in Oregon hinges on a calculation that uses factors such as the safety rating for your Optima, if you have a tendancy to file claims, and if you have tickets or violations. Drivers in Oregon will pay on average $1,150 every 12 months for Optima insurance, but that price is an estimate that uses rate data for a 30-year-old single female driver that has full coverage including both comprehensive and collision and $250 physical damage deductibles.

It’s highly likely you are not 30 years old and maybe not even female, married instead of single, or maybe your Oregon zip code is rated higher than the example. Just a minor difference in policy rating data can induce significant differences in the coverage rate.

This shows why the most reliable method for finding affordable rates for your Kia is to start the habit of comparing rates at least once a year.

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The trim level of your Kia tends to have a direct impact on the annual cost of coverage, so the price to insure a Optima LX will cost $126 less than the cost to insure the fancier Optima SX version, as demonstrated by the prices below.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Information does not factor in specific location information which can influence coverage prices considerably.

Ending up with a highly-rated car insurance company is difficult considering how many choices you have in Oregon. The company rank data shown next can help you choose which car insurance companies you want to consider when comparing auto insurance rates for a Kia Optima. The rankings below are for companies who write in the majority of U.S. states, so smaller regional companies are not factored into these rankings.

Top 10 Major Auto Insurance Providers in Oregon Ranked by A.M. Best Rating

1. USAA – A++
2. GEICO – A++
3. Travelers – A++
4. State Farm – A++
5. The Hartford – A+
6. Esurance – A+
7. Progressive – A+
8. Allstate – A+
9. Nationwide – A+
10. The General – A-

Top Companies for Kia Optima Insurance in Oregon

The example below highlights how deductible choice can increase or decrease insurance premiums when researching cheap insurance for a Kia Optima. The premium estimates are based on a single female driver, full coverage, and no discounts are applied to the premium.

In the chart above, a 40-year-old driver could lower their car insurance rates by $354 a year by switching from a $100 deductible up to a $500 deductible, or save $534 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old example, could lower their rates $902 each year by using a higher deductible. When raising deductibles, it will now be necessary to have enough spare savings to enable you to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

How to find more affordable insurance for a Kia Optima

Below you’ll find some of the better penny-pinching solutions that can help Oregon drivers get the cheapest car insurance.

• Buy a safer vehicle
• Being accident-free can lower rates significantly
• Do not pay for full coverage on older vehicles
• Save money by bundling your home and auto policies
• Earn a discount by not filing claims
• Do not get tickets or violations
• Compare rates regularly to ensure the best deal

That last tip is incredibly critical, as we pointed out in this article. Rates in Oregon can be adjusted at any time, so don’t be tentative to buy from a new company if a more affordable rate is found. Many drivers prefer to stick with one company, but we do not recommend it if that devotedness results in you overpaying several hundred dollars every year. It only takes a couple minutes to shop around to find cheaper auto insurance for a Kia Optima.

Who has the cheapest Kia Optima insurance quotes?

There are a variety of different ways to quote and buy insurance in Oregon, but the most preferred ways are using an independent or non-exclusive agent, an exlusive agent such as Allstate or Auto-Owners, or direct from companies such as Progressive or Geico.

They all have the same basic principle, but they are slightly different in how they work.

Independent agencies have contracts with many companies and can quote your policy with every one. Agents of this type do not work for one specific company and can give you a larger rate selection, which can help you get a better chance of finding cheaper coverage. If cheaper coverage is found, you can get a different policy which makes it simple for you.

An exclusive agent is only able to quote your policy with just one company, two popular examples being Liberty Mutual and Allstate agents. These agents are unable to quote prices from more than just one company, which necessitates shopping around.

Drivers who opt to buy insurance direct do not use an independent or exclusive agent and buy buying direct from a company like Geico or Progressive. Buying insurance direct is good for people who have lower risk management needs and understand what specific coverages and deductibles they need.

So which of those three methods works best for finding cheap insurance for a Kia Optima in Oregon? It would be easy to say buying from a direct car insurance company results in the cheapest rates because you bypass the middleman, but unfortunately, it’s not that cut and dried. We could also assume that buying from an independent agent can save the most money due to increased selection, but that assumption is not true either. In the right set of circumstances, exclusive agencies have very competitive rates that other companies cannot beat.

Due to the fact that insurance rates vary so much, really the only way to get the cheapest rates is to get as many comparison quotes as possible. The best approach is to get rate quotes from independent agents, exclusive agents, and direct companies to give yourself enough choices. For a list of companies offering online discounts in Oregon, click here to view.