Who Has Cheap Insurance for a Kia Optima in Rhode Island?

Because the topic is auto insurance, the words “cheap” or “affordable” shouldn’t be used anywhere to describe car insurance prices. Nonetheless, cheap car insurance for a Kia Optima does not exist. Don’t let that discourage you, because we will teach you how you can still find auto insurance that you can fit into your budget.

Whether or not you can find affordable coverage for a Kia Optima in Rhode Island depends on a complex calculation that is influenced by things like driver age, where your vehicle is garaged, and any prior driving offenses you have. Drivers pay an average of $790 a year to insure an Optima, but that price is a valuation calculated using a 50-year-old married female driver who requires full comprehensive and collision coverage and $1,000 deductibles.

There is a good chance you are not a 50-year-old female, maybe you are single instead of married, or maybe you prefer higher deductibles. Everone’s needs are different, and this illustrates why your best shot at finding the most affordable coverage for your Kia is to put in the effort to do a thorough rate comparison. Compare rate quotes now and you will receive price comparisons from some of the best companies that insure Kia vehicles in Rhode Island.

Click to Compare Rates Now

The trim level of your Optima will likely have an effect on price, so the price to insure a Optima LX trim level will be $68 lower than the price to insure the more expensive Optima SX trim level, as shown below.

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Rhode Island minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Table data does not factor in garaging location in Rhode Island which can lower or raise premiums significantly.

Finding out which company has the best insurance rates for a Kia Optima calls for a little more sweat than just comparing rates from one or two companies.

Each company has their own unique process for determining rates, so let’s take a look at the insurance companies with the overall best prices in Rhode Island. Keep in mind that Rhode Island insurance rates are based on many factors which can substantially decrease or increase the cost of a policy. Simply turning a year older, moving across town, or having a fender bender can trigger rate changes that may make certain companies cheaper than competitors.

Find Cheaper Auto Insurance for Your Optima

Compare Rates Today

USAA offers some of the best car insurance rates in Rhode Island at around $698 annually. State Farm, Travelers, Amica, and Progressive also rank well as some of the cheaper Rhode Island car insurance companies.

As shown in the rates above, if you are insured with Amica and switched to USAA, you may see an annual savings of roughly $754. Policyholders with Progressive may save as much as $846 a year, and Quincy Mutual customers might realize rate reductions of up to $881 a year.

These policy prices are averaged across all ages of drivers and types of vehicles and do not factor in a specific rate value for a Kia Optima. So the auto insurance company that has the cheapest price for you may not even be in the list of companies above. That point stresses why you need to quote rates from many companies using your own personal information and vehicle type.

How to get discounts on Rhode Island car insurance rates

Auto insurance companies that sell cheap insurance for a Kia Optima in Rhode Island may also give you price discounts that could reduce prices by 40% or more if you can meet the requirements. A few popular companies and a partial list of their discounts can be read below.

The information below illustrates the difference between insurance premiums with and without some available policy discounts. The rates are based on a male driver, a clean driving record, no claims, Rhode Island state minimum liability limits, full coverage, and $1,000 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with marriage, passive restraint, multiple policy, homeowner, vehicle safety, and accident-free discounts applied. When discounts are factored in, the the amount saved on insurance for a Kia Optima is 33% or $566.

Low rates can quickly become overpriced

Rhode Island insurance rates are impacted by many things which can significantly increase or decrease the price of coverage. Improving your credit rating, buying higher coverage limits, or getting a DUI may generate price changes resulting in some rates now being cheaper than competitors.

In addition to those changes, insurers change the rates they charge in Rhode Island every year to ensure their profitability. Larger than normal claims may result in more expensive premiums, while a better claims history may result in more affordable Optima insurance rates.

The data below shows a variety of companies that have the cheapest car insurance in Rhode Island for a 45-year-old female driver with a clean driving record, no accidents, and a high credit rating. Based on her current risk profile, USAA might quote the most affordable car insurance rates in Rhode Island at $719 annually. This is $1,360 less than the average premium paid by Rhode Island drivers of $2,079. State Farm, Travelers, Amica, and Progressive also make the list of the cheapest Rhode Island auto insurance companies.

Now let’s give the driver from the first example a chargeable claim, a lower credit rating, and an imperfect driving record. Since each company has their own unique process to determine rates, comparing quotes could result in a substantially altered list of companies as shown below.

USAA now has the best price on car insurance in Rhode Island with State Farm, Peerless, Travelers, and Amica now rounding out the top five. This illustrates why it is so important to spend some time comparing rates to get the cheapest insurance rates for a Kia Optima. Insurance prices are calculated by many things and can change substantially, so the most economical company the last time you shopped your coverage around may now be quite expensive.

Best cheap Kia Optima insurance quotes

Thanks to technology, drivers have a lot of ways to shop for and buy insurance in Rhode Island, but the most frequently used ways are using a non-exclusive or independent agent, an exlusive agent like Allstate or Auto-Owners, or from a direct company like Progressive.

You can use whichever you prefer, but buyers need to know the differences in how they work.

Independent agents write business for many companies and can provide price quotes from each one. They do not work for one specific company and can give you a larger rate selection, which can give you better odds of saving money. If premiums increase, they simply move the coverage in-house and you don’t have to switch agencies.

An exlusive, or captive, agency is able to quote prices with a single insurance company, examples being a Liberty Mutual or State Farm agent. Exclusive agents cannot quote rates from more than one company, so you will not be able to compare their rates to other companies.

Direct insurance buyers do not use local insurance agents and instead shop direct online or over the phone from a company like Progressive or Esurance. This option may be a decent choice families who do not need high levels of coverage and know what coverage limits and deductibles they need.

So which of those three methods works best to find cheap insurance for a Kia Optima in Rhode Island? We’d like to tell you shopping direct saves the most money since that prevents the need to pay agent commissions, but in reality, that is not the case. It could also be said an independent agent results in the best rates since they can provide multiple quotes, but that is not necessarily true either. In many cases, exclusive agencies have extremely competitive rates that are well below what direct and independents offer.

Because there are so many factors that make up insurance rates, the only real way to ensure you are not overpaying for insurance is to compare lots of quotes. It’s a good idea to get quotes from all three types to give yourself enough choices. For a list of companies with cheap rates in Rhode Island, click here to view.

How to get cheap insurance for a Kia Optima in Rhode Island

Below you’ll find some thrifty suggestions that can help Rhode Island drivers quote cheaper car insurance.

• Violations and traffic tickets increase rates
• Avoid having at-fault accidents
• Drive a car with a high safety rating
• Pay for small claims rather than turning them in to your insurance company
• Good credit can save money
• Shop around for cheaper prices

The final tip is extremely crucial, as was affirmed in this write-up. Insurance prices go up and down frequently, so don’t be afraid to buy from a different company if a lower-cost policy is available.

Many consumers stick with the same company and that’s fine, but it’s not recommended if that inflexibility results in costing you big bucks every year. Now is a great time to compare prices and find cheaper car insurance for a Kia Optima.