Who Has Cheap Insurance for a Kia Optima in Mississippi?

Our editors keep telling us that when writing about car insurance, the word affordable should never be used as a descriptor for car insurance rates. Sad but true, cheap auto insurance for a Kia Optima is almost non-existent. Don’t let that spoil your day, because we will show you how you can still get car insurance that is more affordable than your current policy.

The chances that you’ll find cheap coverage for a Kia Optima in Mississippi relies on a lot of rating criteria like your date of birth, if you are a frequent claim filer, and if you have any chargeable driving offenses. Drivers in Mississippi will pay on average $1,070 per year to insure a Kia Optima, but that price is a projection based on rate data for a 30-year-old single male driver who needs full comprehensive and collision coverage and $250 physical damage deductibles.

This brings up the issue that more than likely you are not 30 and possibly not even male, you might be married instead of single, and there is a good chance that there are other drivers on your policy. Auto insurance requires individual risk assessment, so the most reliable method for finding cheap auto insurance rates for your Kia is to make a habit of regularly comparing rates from other companies. It only takes a few minutes and you will get price quotes from the cheapest companies in Mississippi.

Start Your Free Quote

Your Kia’s trim level will be a contributing factor to the yearly cost, so the price you will be charged to insure a Optima LX trim level will be $110 cheaper than the price to insure the higher-end Optima SX version, as shown below.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium amounts do not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates considerably.

Determining which company offers the most affordable insurance rates for a Kia Optima calls for a bit more effort than just quoting one company’s rates.

Each auto insurance company has a different formula to determine premium rates, so let’s examine the insurance companies with the most affordable rates in Mississippi. Keep in mind that Mississippi insurance rates are based on many factors which can substantially change your annual premium. Simply having another birthday, adding a teenager to your policy, or getting a couple of tickets can trigger rate changes that can now make some companies cheaper than competitors.

Cheap Insurance Rates for Your Optima

Click to Compare Rates Now

USAA may offer some of the most affordable car insurance rates in Mississippi at around $839 annually. Travelers, Unitrin, Direct General, and ALFA also rank well as some of the best Mississippi car insurance companies.

As shown above, if you currently have a policy with Direct General and switched to USAA, you may realize savings of around $452. Policyholders with ALFA could save as much as $498 a year, and Safeway customers might realize rate reductions of up to $576 a year.

If you want to see how much you could save, click here to begin a quote or visit several of the following companies.

Be aware that those rates are averaged for all drivers and vehicles in Mississippi and are not factoring in a specific rating modification for a Kia Optima. So the car insurance company that can offer you the lowest price may not even be included in the above list. That underscores the importance of why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.

The information below shows how different deductible levels can influence insurance premiums when getting quotes for cheap insurance for a Kia Optima. The premium estimates are based on a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3239,2993,2721,2463],[‘Age 30’, 2231,2051,1843,1645],[‘Age 40’, 2071,1907,1721,1543],[‘Age 50’, 1811,1669,1505,1349],[‘Age 60’, 1751,1611,1457,1307],[‘Age 70’, 2047,1889,1715,1551]]);var options = {title: ‘Deductible Levels and Kia Optima Insurance Rates in Mississippi’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Kia Optima’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

As shown above, a 50-year-old driver could lower their car insurance rates by $306 a year by switching from a $100 deductible up to a $500 deductible, or save $462 by changing to a $1,000 deductible. Even younger drivers, like the 20-year-old, have the ability to save as much as $776 or even more just by choosing higher deductibles when buying full coverage.

When increasing deductibles, it will be required to have enough savings to satisfy the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

Why you should be shopping around

Mississippi insurance rates are impacted by many factors that may substantially change the price you pay. Simply having another birthday, moving to a new city, or getting a ticket for careless driving can produce rate changes that can now make some companies more affordable than the competition.

Not only may your risk profile change, but companies change the rates they charge in Mississippi multiple times each year in order to be able to pay unexpected claims. An unexpected high level of claims may result in additional price hikes, while lower claim expenses may cause lower-priced Optima insurance rates.

To illustrate this point, the chart below shows the companies that have the cheapest car insurance in Mississippi for a 40-year-old female driver with no accidents, a clean driving record, and solid credit. If we estimate rates based on her current risk profile, USAA might offer the cheapest car insurance rates in Mississippi at $807 a year. This is $961 less than the average policy premium paid by Mississippi drivers of $1,768. Travelers, Unitrin, Direct General, and ALFA are the remainder of the top five cheapest Mississippi auto insurance companies.

google.charts.setOnLoadCallback(drawMSWitcqcibChart);function drawMSWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘USAA’, 807, ‘#0D6781’],[‘Travelers’, 990, ‘#0A556B’],[‘Unitrin’, 1179, ‘#084659’],[‘Direct General’, 1278, ‘#063A4A’],[‘ALFA’, 1337, ‘#05303D’]]);var options = {title: ‘Best Cheap Auto Insurance for a Kia Optima’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1437,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

Now let’s give the driver from the first set of rates a chargeable claim, poor credit, and an imperfect driving record. Due to the fact that each insurance company uses their own calculation to set their prices, comparing quotes may now show a new list of the cheapest car insurance companies in Mississippi as shown below.

google.charts.setOnLoadCallback(drawMSWcqcibChart);function drawMSWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘Travelers’, 1485, ‘#C75000’],[‘Safeway’, 1587.3, ‘#A54200’],[‘Southern Farm Bureau’, 1595, ‘#893700’],[‘Shelter’, 1620.3, ‘#722D00’],[‘USAA’, 1710.5, ‘#5F2500’]]);var options = {title: ‘Best Rates with Imperfect Driving Record’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1810.5,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

Travelers now has the cheapest car insurance in Mississippi with Safeway, Southern Farm Bureau, Shelter, and USAA also being competitive. This example shows why it is so important to take the time to shop around to find the lowest insurance quotes for a Kia Optima.

Insurance rates are influenced by many risk factors and change dramatically, so the most economical company the last time you shopped your coverage around may now be quite expensive.

Cheapest Kia Optima insurance quotes

Thanks to technology, there are a lot of ways to buy insurance in Mississippi, but the three most common are through an independent or non-exclusive agent, an exclusive insurance agent such as Liberty Mutual or State Farm, or from a direct company like Progressive. You can use whichever you prefer, but insurance shoppers should know the differences in how they give price quotes.

Independent insurance agents are appointed by several companies and can compare rates with every one. They are not employed by one specific company and can give you more rate choices, which can help you get the best chance of finding a lower price. If they find a cheaper price, you can get a different policy which makes it simple for you.

An exclusive agent is only able to quote rates from a single insurance company, examples being State Farm and Allstate agents. This type of agents cannot compare rates from other companies, so if rates are not competitive, they cannot shop around.

Buying from a direct company means forego the middleman (the agent) and instead shop direct online or over the phone from a company like Geico or Progressive. This option may be good for families who have little risk and know more than average about what limits they need.

So which of those three methods works best to find cheap insurance for a Kia Optima in Mississippi? The quick answer would be buying from a direct company results in the cheapest price since there isn’t an agent involved, but that is not always the case. We could also say that buying insurance from an independent agent results in the best rates since they have more companies to choose from, but that assumption is also not accurate. In a lot of cases, exclusive agencies have coverage prices that other companies cannot beat.

Because there are so many factors that make up insurance rates, really the only way to find out which one is cheapest is to get rate quotes and compare. Set aside the time to get quotes from all three types to have the best selection of rates to choose from. For a list of companies offering online discounts in Mississippi, click here to view.

How to find the cheapest auto insurance for a Kia Optima

It’s not impossible to find cheaper rates, and here are many thrifty suggestions that can help Mississippi drivers buy cheaper auto insurance.

• Vehicles with safetly features generally cost less to insure
• Increase your comprehensive and collision deductibles
• Remove physical damage coverage on older vehicles
• Avoid preventable accidents
• Higher credit ratings may save you money
• Do not get traffic citations
• Ensure you have the best deal by shopping around regularly

The last tip in the list is notably crucial, as we stressed in the prior article. Coverage rates in Mississippi adjust often, so you should be ready to buy a different policy if a better deal can be had.

Sticking with a specific company is fine, but it’s not a good idea if that dedication is costing potentially thousands of dollars a year. Spend a few minutes and compare rates to find cheaper car insurance for a Kia Optima.