Are you sick and tired of sacrificing each month for auto insurance? Your situation is no different than millions of other consumers.
Unthinkable but true, a large majority of drivers kept their coverage with the same auto insurance company for a minimum of four years, and roughly 40% of drivers have never shopped around. Consumers in the United States could save almost $859 each year just by shopping around, but they don’t understand how simple it is to compare rates.
Insurance companies such as State Farm and GEICO continually hit you with catchy ads and consumers find it hard to see past the corporate glitz and do the work needed to find the best deal.
It’s smart to quote other rates once or twice a year due to the fact that insurance rates are variable and change quite frequently. Just because you had the lowest rate on Kia Optima insurance in San Antonio a few years ago you can probably find a better price now. You can find a lot of wrong information about Optima insurance online but we’re going to give you some solid techniques on how to quit paying high auto insurance rates in San Antonio.
The best way we recommend to compare rates for Kia Optima insurance in San Antonio is to know all the major auto insurance companies actually pay money for the chance to give rate comparisons. All you need to do is provide details like your credit rating estimate, whether you are single or married, if it has an alarm system, and if a SR-22 is needed. Those rating factors is instantly provided to many of the top insurers and you receive quotes within a short period of time.
To start a quote now, click here and see if a lower rate is available in San Antonio.
The companies shown below have been selected to offer quotes in Texas. If several companies are displayed, we recommend you visit as many as you can to get the best price comparison.
Get cheaper Kia Optima insurance in San Antonio with discounts
Car insurance companies don’t list the complete list of policy discounts in an easy-to-find place, so we took the time to find some of the best known and also the more inconspicuous credits that may apply to you.
- No Claims – Insureds who avoid accidents and claims are rewarded with significantly better rates on San Antonio car insurance quote in comparison with drivers with a long claim history.
- Low Mileage Discounts – Low annual miles may enable drivers to earn lower rates due to less chance of an accident.
- Senior Citizen Discount – If you qualify as a senior citizen, you can get a small decrease in premiums.
- Good Students Pay Less – This discount can be rewarded with saving of up to 25%. Most companies allow this discount up to age 25.
- Federal Government Employee – Federal government employees may qualify for a discount when you quote San Antonio car insurance but check with your company.
- Switch and Save Discount – A few larger companies offer discounts for renewing your policy early. The savings is around 10%.
Drivers should understand that many deductions do not apply to the entire cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, it’s just not the way it works.
The chart below visualizes the comparison of Kia Optima auto insurance costs with and without discounts applied to the policy rates. The data is based on a female driver, no violations or claims, Texas state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-car, homeowner, multi-policy, and marriage discounts applied.
Some of the larger companies who may offer some of the discounts shown above possibly include:
When quoting, ask each company which discounts you qualify for. Some of the earlier mentioned discounts may not apply to policyholders in San Antonio. To view providers with the best discounts in Texas, click here.
Insurance coverage analysis
The coverage table displayed next highlights detailed analysis of prices for Kia Optima models. Being able to understand how auto insurance premiums are figured is important for making informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Optima LX | $156 | $322 | $486 | $28 | $146 | $1,138 | $95 |
| Optima EX | $176 | $378 | $486 | $28 | $146 | $1,214 | $101 |
| Optima SX | $176 | $378 | $486 | $28 | $146 | $1,214 | $101 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Premium costs do not factor in vehicle garaging location which can alter auto insurance rates greatly.
The chart below demonstrates how choosing different deductibles and can affect Kia Optima insurance prices for each different age group. The rate quotes are based on a single female driver, full coverage, and no discounts are taken into consideration.
Difference between liability only and full coverage rates
The example below compares Kia Optima yearly insurance costs with liability coverage only compared to full coverage. The rates are based on no driving violations, no at-fault accidents, $100 deductibles, marital status is single, and no other discounts are factored in.
When to drop comprehensive and collision
There is no set guideline to stop buying full coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let’s assume your Kia Optima replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after the policy deductible has been paid. If premiums are more than $200 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are some cases where eliminating full coverage is not a good plan. If you still have a loan on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not remove full coverage.
How Car Insurance Companies Determine Kia Optima Insurance Costs
Many things are part of the equation when premium rates are determined. Some factors are common sense like an MVR report, but other factors are more transparent like where you live or how financially stable you are.
The itemized list below are some of the major factors used by your company to calculate prices.
Does auto insurance cost more for men? – The statistics show that females take fewer risks when driving. This data doesn’t prove that females are better at driving than males. They both are in accidents in similar percentages, but men tend to have higher claims. Not only that, but men also get higher numbers of serious violations like DWI (DUI) or reckless driving.
The illustration below visualizes the comparison of Kia Optima insurance rates for male and female drivers. Data assumes no claims or driving violations, full physical damage coverage, $500 deductibles, drivers are single, and no discounts are taken into consideration.
Having a spouse reduces risk – Your spouse can get you a discount on your auto insurance bill. Having a spouse usually means you are more stable financially and insurance companies reward insureds because married couples file fewer claims.
Never go without auto insurance – Having a lapse in insurance coverage will be a fast way to increase your auto insurance rates. And not only will insurance be more expensive, getting caught without coverage will get you a hefty fine and possibly a revoked license.
Premiums and job – Did you know your career choice can influence rates? Occupations like real estate brokers, social workers, and financial analysts usually pay higher rates than the rest of us attributed to high stress levels and extremely grueling work hours. Other careers such as actors, students and the unemployed have the lowest average rates.
Where do you drive? – The more you drive each year the more you will pay for auto insurance. Most insurance companies calculate prices based on how the vehicle is used. Cars and trucks left parked in the garage receive better premium rates than those that get driven frequently. Having an incorrect usage rating on your Optima may be costing you higher rates. It’s always a good idea to double check that your auto insurance declarations sheet correctly shows the correct usage for each vehicle.
Insurance losses for a Kia Optima – Companies use statistical claims data to help determine the price you pay. Vehicles that historically have a trend towards higher claim severity or frequency will have a higher cost to insure.
The table below shows the historical loss data for Kia Optima vehicles. For each coverage type, the claim probability for all vehicles, as a total average, is represented as 100. Percentage numbers below 100 indicate a favorable loss history, while numbers that are greater than 100 indicate more frequent losses or a tendency for claims to be larger.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Optima | 115 | 101 | 107 | 133 | 142 | 120 |
| Kia Optima Hybrid | 143 | 115 | 116 | 139 | 158 | 151 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Buying from insurance agents
Many drivers would prefer to have an agent’s advice and that is a smart decision An additional benefit of price shopping on the web is that you can find cheap insurance quotes and also buy local.
By using this simple form, the quote information is emailed to local insurance agents in San Antonio who will gladly provide quotes to get your business. There is no reason to leave your house because prices are sent to your email. You can most likely find cheaper rates and an insurance agent to talk to. In the event you want to get a comparison quote from a particular provider, don’t hesitate to find their quoting web page and submit a quote form there.
Finding the right insurer should include more criteria than just a cheap quote. The answers to these questions are important, too.
- What discounts might you be missing?
- Will your rates increase after a single accident?
- What kind of financial rating does the company have?
- Do they have designations such as AIC, CPCU, or CIC?
- Can you use your own choice of collision repair facility?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Does the company have a local claim office in San Antonio?
Do you need an independent or exclusive auto insurance agent?
When searching for a good insurance agency, you must know there are a couple types of agencies and how they are slightly different. Insurance agents can be described as either independent (non-exclusive) or exclusive.
Exclusive Insurance Agencies
These agents can only write with one company such as AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents are unable to provide prices from multiple companies so they have no alternatives for high prices. Exclusive agencies are usually quite knowledgeable on their company’s products which aids in selling service over price.
Listed below is a list of exclusive insurance agencies in San Antonio who can help you get rate quotes.
Alex Post – State Farm Insurance Agent
2602 North Loop 1604 W #108 – San Antonio, TX 78248 – (210) 479-2539 – View Map
Joe Trevino – State Farm Insurance Agent
4951 De Zavala Rd – San Antonio, TX 78249 – (210) 694-0866 – View Map
Jacqui Lugar – State Farm Insurance Agent
1248 Austin Hwy Ste. 202 – San Antonio, TX 78209 – (210) 822-2121 – View Map
Independent Agents
Agents of this type can sell policies from many different companies and that enables them to quote your coverage with multiple insurance companies depending on which coverage is best. If you are not satisfied with one company, they simply switch companies in-house without you having to go to a different agency. If you need lower rates, it’s recommended you include rate quotes from a couple of independent agencies in order to compare the most rates.
Below is a short list of independent agencies in San Antonio that can give you price quote information.
Bapodra Insurance Agency, Inc
8607 Wurzbach Rd #101 – San Antonio, TX 78240 – (210) 696-1133 – View Map
Ellis Insurance Agency
15335 San Pedro Ave – San Antonio, TX 78232 – (210) 979-9000 – View Map
A and A Insurance Agency
1317 Castroville Rd – San Antonio, TX 78237 – (210) 434-2311 – View Map
Cheaper car insurance rates are available
In this article, we covered some good ideas how to compare Kia Optima insurance rates in San Antonio. It’s most important to understand that the more companies you get auto insurance rates for, the higher your chance of finding inexpensive San Antonio car insurance quotes. You may even find the lowest rates are with some of the lesser-known companies. These smaller insurers often have lower auto insurance rates on specific markets as compared to the big name companies such as State Farm, GEICO and Nationwide.
When buying insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice liability limits or collision coverage only to discover later that the small savings ended up costing them much more. Your objective should be to find the BEST coverage at the best price while still protecting your assets.
Additional information
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- How Much is Car Insurance for Police Officers in San Antonio? (FAQ)
- How Much are Car Insurance Rates for 17 Year Olds in San Antonio? (FAQ)
- Vehicle Insurance (Wikipedia)
- Older Drivers FAQ (iihs.org)
- Choosing a Car for Your Teen (State Farm)