Best Cheap Insurance Quotes for a Kia Optima in Indiana

When we talk about car insurance, the words cheap or affordable should never appear anywhere in the article to describe car insurance rates. Nonetheless, cheap auto insurance for a Kia Optima can be hard to find. Don’t get your dauber down, because we are going to show you how you can still get insurance that may not be cheap, but it is affordable.

The chances of finding cheap auto insurance for a Kia Optima in Indiana depends upon a fairly complex equation with a lot of factors such as the amount of driving experience you have, whether or not you have had gaps between policies, and if your driving record is clean. Drivers in Indiana on average pay approximately $900 each year to insure an Optima, but that is a ballpark figure using rate data for a 30-year-old single female driver that wants full coverage and $500 physical damage deductibles.

There is a good possibility you may not be 30 years old (or even female), you might be married instead of single, or maybe you had a chargeable driving offense. Even a slight change in the rating input factors can result in big changes in the cost of insurance.

This example demonstrates why the way we recommend to find the cheapest coverage for your Kia is to just take the time to compare rates yourself.

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Your vehicle’s trim level will most likely have an effect on the yearly cost, so the price to insure a Optima LX will be $90 less than the cost to insure the fancier Optima SX trim level, as shown by the rates below.

Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium amounts do not factor in Indiana location which can alter coverage rates noticeably.

Figuring out which company quotes the cheapest car insurance rates for a Kia Optima will require a little more work in order to find the best policy.

Every car insurance company has a different formula to set their prices, so let’s take a look at the car insurance companies that tend to have lower prices in Indiana.

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Travelers offers some of the most affordable car insurance rates in Indiana at around $596 a year. Cincinnati Insurance, USAA, Erie, and Western Reserve also qualify as some of the lowest-priced Indiana car insurance companies.

In this example, if you buy coverage from Erie and switched to Travelers, you could see annual savings of in the neighborhood of $137. Indiana drivers with Western Reserve may save as much as $250 a year, and Indiana Farmers Mutual customers might see rate reductions of $253 a year.

Be aware that those estimates are averages across all types of drivers and the different vehicles they drive and do not factor in a specific rate factor for a Kia Optima. So the car insurance company that fits your age and vehicle best may not even be in the above rate chart. That illustrates why you need to compare prices as often as possible using your own specific driver information and vehicle.

Discount Indiana auto insurance rates

Car insurance companies that sell the best cheap insurance for a Kia Optima in Indiana may also offer discounts that can lower rates by as much as 35% or more if you are eligible for them. A list of car insurance companies and some of the discounts can be read below.

• State Farm offers discounts including student away at school, safe vehicle, defensive driving training, driver’s education, and anti-theft.
• American Family may include discounts for multi-vehicle, accident-free, TimeAway discount, good driver, Steer into Savings, and defensive driver.
• AAA has discounts for AAA membership discount, multi-policy, pay-in-full, multi-car, and good student.
• GEICO offers premium reductions for anti-lock brakes, driver training, multi-policy, air bags, and multi-vehicle.
• Mercury Insurance offers discounts for type of vehicle, multi-car, annual mileage, multi-policy, low natural disaster claims, and ease of repair.
• Farmers Insurance discounts include homeowner, business and professional, youthful driver, pay in full, good student, and mature driver.
• Progressive policyholders can earn discounts including multi-vehicle, online signing, homeowner, multi-policy, and good student.

The example below compares insurance costs with and without discounts applied to the policy rates. The data assumes a male driver, no tickets, no at-fault accidents, Indiana state minimum liability limits, comp and collision included, and $250 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with claim-free, vehicle safety, accident-free, passive restraint, anti-theft, and homeowner discounts applied. When drivers take advantage of discounts, the average savings per year on car insurance for a Kia Optima is 28% or $556.

The information below highlights how deductible choice can affect insurance costs when researching cheap insurance for a Kia Optima. The prices are based on a single male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

The data above shows that a 50-year-old driver could pocket $322 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $484 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old category, could drop their prices $1,066 every year by choosing larger deductibles on their policy.

When increasing deductibles, it is a good idea to have additional funds in a savings account to cover the extra out-of-pocket expense. That is the one drawback of using higher deductibles.

Allstate, Progressive, Geico, and State Farm compared

When it comes to buying insurance for an Optima in Indiana, four companies you’ll want quotes from are Allstate, Progressive, Geico, and State Farm. If you combine them together, they insure about half of the entire U.S. auto insurance market. All offer liability and physical damage insurance, but each one has slightly different coverage options that may influence which company you choose. The data below rates pricing and service ratings, as well as optional policy coverages that are available from each company.