Want lower insurance coverage rates for your Kia Rio? Did you make the mistake of buying overpriced insurance coverage? Trust us, you’re not the only one. Popular companies such as State Farm, Allstate, Geico and Progressive promote their brand names with fancy advertisements and it is difficult to see through the deception and take the time to shop coverage around.
It is always a good idea to compare rates before your next renewal due to the fact that insurance rates fluctuate regularly. Even if you think you had the best rate on Rio coverage on your last policy the chances are good that you can find a lower price today. Forget all the misinformation about insurance coverage because I’m going to teach you the best methods to find lower rates on insurance coverage.
The easiest way to compare rate quotes is to realize most insurance companies will pay a fee to give rate comparisons. All consumers are required to do is provide a small amount of information including whether you drive to work or school, your education level, the make and model of your vehicles, and types of safety features. That information is then sent to multiple top-rated companies and they provide comparison quotes with very little delay.
When buying coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different so your insurance needs to address that. These are some specific questions could help you determine if your situation will benefit from professional help.
If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.
Having a good grasp of your auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. These are typical coverages found on most auto insurance policies.
Liability insurance
This coverage provides protection from damage or injury you incur to other people or property in an accident. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.
Liability coverage pays for things such as medical expenses, attorney fees, emergency aid and bail bonds. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Collision coverage protection
This coverage will pay to fix damage to your Rio resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like hitting a parking meter, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.
Protection from uninsured/underinsured drivers
This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.
Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.
Comprehensive (Other than Collision)
Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as theft, hitting a bird and a broken windshield. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Medical expense insurance
Med pay and PIP coverage provide coverage for expenses such as surgery, EMT expenses and prosthetic devices. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available and may carry a deductible