Who Has Cheap Insurance for a Kia Optima in Kentucky?

We always joke that when we write about car insurance, the words “affordable” or “cheap” really should not be used as a descriptor for auto insurance rates. The fact is, cheap car insurance for a Kia Optima can be hard to find. Don’t let that bother you, though, because we are going to show you how you can still find coverage that is easy on your budget.

The likelihood of finding the best cheap car insurance for a Kia Optima in Kentucky relies on a lot of factors such as whether you own a home, your profession, and driving citations. Drivers pay on average $1,090 annually to buy insurance for a Kia Optima, but that amount is a ballpark figure calculated based on a 40-year-old single female driver that wants full physical damage coverage and $250 physical damage deductibles.

There is a very good chance that you aren’t exactly 40 years old or even a female, maybe you are married instead of single, or maybe you just want liability only instead of full coverage. Just a minor difference in price quote data may result in a big change in quoted rates.

Every driver has different characteristics, so the best way to quote cheap car insurance rates for your Kia is to make a habit of comparing rates at every renewal.

Compare Kia Optima Insurance Rates

The specific trim level will most likely have an effect on price, so the rate you will pay to insure a Optima LX will be $118 cheaper than the cost to insure the higher-priced Optima SX version, as shown below.

Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Premium amounts do not factor in zip code location which can change coverage prices significantly.

Trying to buy affordable auto insurance is not always easy, and deciding which company quotes the lowest-priced insurance rates for a Kia Optima may require even more shopping around. Every car insurance company has a different formula for determining prices, so let’s rank the most competitive insurance companies in Kentucky.

It’s important that readers know that Kentucky insurance rates are calculated based on many things that can increase your annual premium. This is why drivers need to compare as many rates as possible when trying to find affordable insurance quotes for a Kia Optima. Car insurance prices consist of many risk factors and can decrease or increase without notice, so the best option when you last compared rates may now be one of the higher cost companies.

Best Insurance Companies for Your Optima

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Cincinnati Insurance quotes some of the lowest car insurance rates in Kentucky at around $1,082 annually. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual are also some of the more affordable Kentucky car insurance companies.

As depicted above, if you are a policyholder with Auto-Owners and switched to Kentucky Farm Bureau, you may see savings of around $243. Drivers with Motorists Mutual could save as much as $425 a year, and Grange Mutual customers might reduce rates by $449 a year.

To find cheap insurance for a Kia Optima in Kentucky for your vehicle, click here to start your custom quote or visit any of the companies below.

It’s important to note that these policy rates are averaged for all types of drivers and the different vehicles they drive and and are not figured with a specific rate factor for a Kia Optima. So the insurer that fits your age and vehicle best may not even be in the list above. That emphasizes why you need to get car insurance quotes using your own specific driver and vehicle information.

How accidents and violations affect rates in Kentucky

The ideal way to snag cheap insurance for a Kia Optima in Kentucky is to drive cautiously and not have accidents or get tickets. The information below shows how traffic citations and at-fault claims influence insurance prices for different insured age categories. The data is based on a single male driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.

In the previous chart, the average cost of auto insurance in Kentucky per year with no accidents or violations is $2,088. Get two speeding tickets and the average cost hikes up to $2,761, an increase of $673 each year. Now add in one accident along with the two speeding tickets and the 12-month cost of insurance for a Kia Optima jumps again to an average of $3,441. That’s an increase of $1,353, or $113 per month, just for not being a responsible driver!

The diagram below illustrates how your choice of deductibles can impact insurance premiums when searching for cheap insurance for a Kia Optima. The premiums are based on a married male driver, full physical damage coverage, and no discounts are taken into consideration.

In the chart above, a 40-year-old driver could lower their car insurance rates by $316 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $478 by changing to a $1,000 deductible. Even younger insureds, like the 20-year-old example, could drop their prices up to $1,060 each year just by choosing larger deductibles.

When increasing deductibles, it will be important to have emergency funds available to be able to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Which car insurance company is best?

If you want reliable insurance for an Optima in Kentucky, some of the largest companies to start with are State Farm, Progressive, Geico, and Allstate. They all offer your standard coverages, but each one has a distict selection of optional coverages and features that drivers can select from. The table below illustrates ratings for price, service, and claims, in additional to some of the optional coverages that policyholders can buy.