Cheap Insurance for a Kia Optima in Florida

Whether or not you can find affordable insurance for a Kia Optima in Florida hinges on a very complex rating algorithm that uses multiple factors like how old the vehicle is, if you have a lapse in coverage, and if you have any chargeable driving offenses. Florida drivers pay around $820 annually for Optima insurance, but that policy rate is an estimation that uses rate data for a 50-year-old married female driver that includes full coverage and $1,000 deductibles.

When making auto insurance estimates, the issue arises that you are not a 50-year-old female, you might be single instead of married, or maybe you need higher liability limits than the state minimum. There is no one cookie-cutter policy that works for everyone, so the only real way to find affordable rates for your Kia is to regularly compare rates at renewal.

Save Now on Optima Insurance

The trim level of your Optima tends to have a direct effect on the insurance rate, so the rate you pay to insure a Optima LX will be $70 cheaper than the price to insure the higher-priced Optima SX model, as shown in the table below.

Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Rate quotes do not factor in vehicle garaging location which can influence prices greatly.

Selecting the top car insurance company can be a challenge considering how many choices there are in Florida. The company information displayed below could help you decide which coverage providers to look at buying from.

The ratings below are only made up of companies with a nationwide focus, so companies with more of a regional focus are not factored into the list. To compare prices from these top-rated insurers and more, click this link.

Discounts on cheap insurance for a Kia Optima in Florida

Insurance companies that offer coverage for a Kia Optima may also offer special discounts that can reduce rates by 40% or more if you are eligible. Popular insurance companies and a summarized list of policyholder discounts are outlined below.

• State Farm may offer discounts for student away at school, Drive Safe & Save, multiple autos, good driver, and defensive driving training.
• Farmers Insurance discounts include mature driver, early shopping, business and professional, teen driver, and homeowner.
• GEICO may have discounts that include good student, anti-lock brakes, multi-vehicle, air bags, daytime running lights, anti-theft, and military active duty.
• American Family has savings for mySafetyValet, multi-vehicle, accident-free, air bags, and defensive driver.
• Nationwide offers discounts including anti-theft, multi-policy, accident-free, Farm Bureau membership, easy pay, and good student.
• Progressive may include discounts for continuous coverage, multi-vehicle, good student, online signing, multi-policy, online quote discount, and homeowner.

The diagram below illustrates the comparison of insurance costs with and without policy discounts. The premiums assume a female driver, a clean driving record, no claims, Florida state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with passive restraint, homeowner, marriage, defensive driving course, safe-driver, and anti-theft discounts applied. When discounts are applied, the the average yearly reduction on insurance for a Kia Optima is 28% or $726.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 3865,2777],[‘Age 30’, 2647,1915],[‘Age 40’, 2463,1781],[‘Age 50’, 2153,1559],[‘Age 60’, 2083,1505],[‘Age 70’, 2439,1755]]);var options = {title: ‘Insurance Rate Comparison for a Kia Optima’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Insurance Cost for a Kia Optima in Florida’,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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

How accidents and violations affect rates

The ideal way to get cheap insurance for a Kia Optima in Florida is to be a good driver and have a clean driving record. The diagram below highlights how traffic violations and fender-benders impact auto insurance costs for different categories of driver ages. The rates are based on a married male driver, full coverage, $100 deductibles, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and Two Accidents’],[‘Age 20’, 4831,5243,8683],[‘Age 30’, 2525,2937,6377],[‘Age 40’, 2419,2827,6273],[‘Age 50’, 2211,2625,6067],[‘Age 60’, 2175,2587,6027],[‘Age 70’, 2495,2907,6349]]);var options = {title: ‘Effect of Citations and Accidents on Florida Kia Optima Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Kia Optima in Florida’,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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous example, the average cost of a car insurance policy per year with no accidents or violations is $2,776. Get one speeding ticket and the average cost increases to $3,188, an increase of $412 each year. Next add two accidents along with the one speeding ticket and the 12-month cost of insurance for a Kia Optima increases to an average of $6,629. That’s an increase of $3,853, or $321 per month, just for being a less-than-perfect driver!

Which auto insurance company is best?

If you are looking for the best insurance for an Optima, four good companies to start with are Progressive, Allstate, State Farm, and Geico. The following table rates ratings for price and service, as well as some optional coverages offered by each one.

Who has the cheapest Kia Optima insurance quotes?

There are a variety of different ways to get cheap insurance quotes in Florida, but the most prevalent methods are from an independent agent, a captive (or exclusive) agent such as State Farm or Auto-Owners, or direct online or over the phone from a company like Geico or Progressive. Each way has the same basic process, but each is different in how they work.

Independent agencies write business for many companies and can get rate quotes from each one. These types of agencies are not employed by only one company and can provide you with more rates, which may provide you with a better chance of saving money. If prices rise, they simply move the coverage in-house and you stay with the same agent.

Exclusive agents are usually restricted to a single insurance company, two examples being Farmers Insurance or State Farm agents. These guys and gals cannot quote prices from more than a single company, so if prices are high they cannot provide alternatives.

If you want to buy insurance direct, you bypass an independent or exclusive agent and instead buy from a direct company like Geico or Progressive. This option may be the best choice drivers who have little risk and know more than average about the limitations of insurance.

Which way works best to buy cheap insurance for a Kia Optima in Florida? The quick answer would be buying direct results in the cheapest price because there are no middleman commissions, but in reality, that is not true. It would also be easy to say an independent agent guarantees the cheapest rates due to having more companies to select from, but that is not accurate either. And often times, exclusive agents have extremely competitive rates that cannot be beaten by either independent or direct companies.

Since insurance prices are based on many different factors, the one way to get the cheapest rates is to get as many comparison quotes as possible. If you have the time, get quotes from all three types in order to find the best price. For a list of companies offering online discounts, click here to view.