Affordable Insurance for a Kia Rio in Tampa

If you want to find the absolute lowest rates, then the best way to save on auto insurance rates is to make a habit of comparing prices annually from companies who sell insurance in Tampa.

• First, read and learn about how insurance works and the factors you can control to keep rates down. Many things that are responsible for high rates like inattentive driving and a bad credit score can be eliminated by improving your driving habits or financial responsibility. Later in this article we will cover more information to get affordable coverage and find more discounts that you may not know about.
• Second, compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from a single company like GEICO and State Farm, while independent agencies can provide price quotes from multiple sources.
• Third, compare the quotes to the premium of your current policy to see if a cheaper rate is available. If you can save some money, make sure there is no coverage gap between policies.
• Fourth, give notification to your current company of your decision to cancel the current policy and submit payment and a signed application for the new coverage. Once coverage is bound, put the proof of insurance certificate in a readily accessible location in your vehicle.

One thing to point out is to use the same level of coverage on every quote and and to get price estimates from as many companies as you can. This ensures an apples-to-apples comparison and a thorough selection of prices.

Smart shoppers know that auto insurance companies don’t want you shop around. Consumers who shop around will, in all likelihood, switch insurance companies because the odds are good of getting low-cost coverage. A study discovered that people who compared rate quotes regularly saved over $865 a year compared to drivers who don’t regularly compare prices.

If saving money on car insurance is your intention, then having an understanding of how to quote and compare insurance can help make the process easier.

If you have a current auto insurance policy, you should be able to get lower rates using the techniques covered below. This information will teach you the best ways to compare prices and some money-saving tips. But Florida consumers do need to know how big insurance companies calculate their prices and use this information to your advantage.

Companies offering Kia Rio insurance in Florida

The providers in the list below are our best choices to provide free quotes in Tampa, FL. To get the cheapest car insurance in FL, it’s a good idea that you compare several of them in order to find the most affordable rates.

Rates and statistics

The premium information below outlines estimates of prices for Kia Rio models. Learning as much as possible about how rates are figured is important for making decisions when choosing a new policy provider.

Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Table data does not factor in Tampa location which can decrease or increase premium rates substantially.

Should you raise deductibles?

When comparing car insurance rates, the most common question is how high should the deductibles for physical damage be. The figures shown below illustrate the costs and benefits between low and high deductibles. The first pricing table uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Price estimates do not factor in specific zip code location which can modify auto insurance rates significantly.

We can estimate from the data above that using a $250 deductible costs roughly $16 more each month or $192 every year than buying the higher $500 deductible. Since you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 16 months between claim filings, you would more than likely save some money going with the higher deductible.

The example below demonstrates how choosing different deductibles and can increase or decrease Kia Rio insurance prices for different age groups of insureds. The prices are based on a single male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

What Determines Kia Rio Insurance Premiums?

Lots of things are taken into consideration when you get a price on insurance. Some factors are common sense such as your driving record, but others are less obvious such as your credit history and annual miles driven.

• Responsible drivers pay less – Having a clean driving record impacts premiums far more than you think. Even one chargeable violation can boost insurance rates forty percent or more. Attentive drivers pay less for auto insurance than their less careful counterparts. Drivers with severe tickets like DUI or reckless driving are required to submit a SR-22 form to the state department of motor vehicles in order to legally drive.

  The chart below highlights how speeding tickets and at-fault fender-benders can influence Kia Rio insurance prices for different age groups. Data assumes a married female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

• Coverage lapses lead to higher rates – Having a lapse in insurance coverage will be a quick way to increase your insurance rates. And not only will your rates increase, failure to provide proof of insurance will get you a revoked license or a big fine.
• Eliminate unneeded extra policy coverages – There are a ton of optional add-on coverages that you can buy on your Rio policy. Add-on coverages like roadside assistance, better glass coverage, and membership fees are probably not needed. They may seem good when talking to your agent, but your money might be better spent on other coverage so remove them and pocket the money.
• Prices impacted by your city – Choosing to live in a small town is a good thing if you are looking for the lowest rates. City drivers have to deal with more aggressive driving styles and more severe claims. Fewer drivers and short commutes translates into fewer accidents and lower theft and vandalism rates.

• Are males or females drivers cheaper? – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. They both cause fender benders at about the same rate, but the male of the species tend to have higher claims. Not only are claims higher, but men receive more costly citations such as DWI and reckless driving. Young men ages 16 to 20 are most likely to cause an accident and therefore are the most expensive to insure.

  The chart below shows the difference between Kia Rio insurance costs for male and female drivers. Data assumes no tickets, no at-fault accidents, full coverage, $250 deductibles, marital status is single, and no discounts are applied to the premium.

• Insurance loss probability for a Kia Rio – Companies analyze past claim statistics to calculate a price that offsets possible losses. Models that the data shows to have a trend towards higher claim severity or frequency will have a higher cost to insure.

  The table shown below demonstrates the insurance loss data used by companies for Kia Rio vehicles. For each policy coverage type, the claim probability for all vehicles combined as an average is a value of 100. Values that are below 100 suggest losses that are better than average, while numbers shown that are more than 100 point to more frequent losses or a tendency for claims to be larger.

  
  

  Kia Rio Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Kia Rio	90	109	81	141	158	127

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Tampa insurance discounts for a Kia Rio

Car insurance can cost a lot, but you may be missing some discounts to help offset the cost. A few discounts will be applied when you purchase, but less common discounts must be asked about prior to receiving the credit.

• Paper-free Discount – Some larger companies will provide an incentive for buying a policy and signing up on the internet.
• Professional Organizations – Belonging to a civic or occupational organization in Tampa could earn you a nice discount when shopping for car insurance.
• Drive Safe and Save – Insureds who avoid accidents could pay up to 40% less compared to rates paid by drivers with frequent claims.
• Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more on Rio insurance in Tampa.
• Federal Government Employee – Employees or retirees of the government could qualify for a slight premium decrease but check with your company.
• Pay Now and Pay Less – If you can afford to pay the entire bill instead of monthly or quarterly installments you may reduce your total bill.
• Telematics Data – Tampa drivers who agree to allow companies to analyze driving patterns by using a telematics device in their vehicle like Allstate’s Drivewise may see discounts as long as the data is positive.
• Multiple Cars – Purchasing coverage when you have several vehicles with one company qualifies for this discount.
• One Accident Forgiven – This isn’t a discount exactly, but companies like Progressive, Allstate, and Liberty Mutual will allow you to have one accident before they charge you more for coverage so long as you haven’t had any claims prior to being involved in the accident.
• Defensive Driving Course – Completing a defensive driving course can save you 5% or more and also improve your driving technique.

As a footnote on discounts, some of the credits will not apply to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. If you do the math and it seems like you could get a free car insurance policy, company stockholders wouldn’t be very happy.

The illustration below illustrates the comparison of Kia Rio annual premium costs with and without discounts being applied to the rates. The costs are based on a male driver, no violations or claims, Florida state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, claim-free, safe-driver, homeowner, and multi-policy discounts applied.

Companies that may include most of these discounts include:

• GEICO
• Mercury Insurance
• Farmers Insurance
• Auto-Owners Insurance
• Liberty Mutual
• SAFECO
• Progressive
• USAA

If you need lower rates, check with every company how many discounts you can get. Some discounts listed above may not apply to policyholders in your state. For a list of providers who offer discounts in Florida, follow this link.

When to get advice from an insurance agency

A small number of people just prefer to sit down and talk to an agent and that is OK! One of the benefits of comparing insurance prices online is that drivers can save money and get the best rates and still choose a local agent.

After filling out this quick form, your insurance coverage information gets sent to companies in Tampa that give free quotes for your car insurance coverage. It makes it easy because there is no need to search for any insurance agencies since price quotes are sent to you. You can get cheaper car insurance rates without requiring a lot of work. If you need to compare prices from one company in particular, you just need to find their quoting web page to submit a rate quote request.

Picking an insurance company should depend on more than just a cheap price. The answers to these questions are important, too.

• By raising physical damage deductibles, how much would you save?
• What company holds the largest book of business for them?
• Will the agent help in case of a claim?
• How often do they review coverages?
• Do they see any coverage gaps in your plan?

The different types of auto insurance agents

When looking for a local agent, you must know there are a couple different types of agents and how they can service your needs differently. Car insurance agents are classified as either independent agents or exclusive agents depending on their employer.

Exclusive Agents

These type of agents can only provide one company’s prices and some examples include AAA, Allstate, and State Farm. They usually cannot compare other company’s rates so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are very knowledgeable on sales techniques and that allows them to sell at a higher price point. Many people buy insurance from these agents partially due to the brand legacy rather than having low rates.

Below are Tampa exclusive agencies who can help you get comparison quotes.

• Doug MacDaid – State Farm Insurance Agent
  8910 N Dale Mabry Hwy #3 – Tampa, FL 33614 – (813) 935-2937 – View Map
• Jim Cornwell – State Farm Insurance Agent
  4305 W Bay to Bay Blvd – Tampa, FL 33629 – (813) 835-8892 – View Map
• Mike Foley – State Farm Insurance Agent
  3704 W Swann Ave – Tampa, FL 33609 – (813) 289-7888 – View Map

More insurance agents

Independent Agents

Independent agencies are not limited to a single company so they can quote policies through many companies and find the cheapest car insurance rates. If prices rise, they simply move your policy to a different company and you stay with the same agent. If you are trying to find cheaper rates, we recommend you check rates from at least one independent agent to ensure the widest selection of prices. Most independent agents also contract with lesser-known insurance companies that may have much lower rates than larger companies.

The following is a list of independent agents in Tampa who can help you get comparison quotes.

• Duarte Insurance Agency, Inc.
  5512 N Armenia Ave # A – Tampa, FL 33603 – (813) 874-3222 – View Map
• Ken Anthony Insurance Agency – Affinity Insurance
  8010 N 56th St – Tampa, FL 33617 – (813) 251-8685 – View Map
• A Complete Insurance Agency
  5008 W Linebaugh Ave – Tampa, FL 33624 – (813) 865-9000 – View Map

More insurance agents

Don’t give up on cheap rates

When you buy Tampa auto insurance online, don’t be tempted to buy less coverage just to save a little money. There have been many situations where an accident victim reduced comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

We just covered quite a bit of information on how to reduce Kia Rio insurance car insurance rates online in Tampa. It’s most important to understand that the more times you quote, the better chance you’ll have of finding affordable Tampa auto insurance quotes. You may even discover the lowest car insurance rates are with the smaller companies.

Insureds leave their current company for a number of reasons such as questionable increases in premium, policy cancellation, high prices and even delays in responding to claim requests. It doesn’t matter what your reason, choosing a new insurance company is actually quite simple.

Additional insurance information can be read on the following sites:

• How Can I Save Money on Auto Insurance? (Insurance Information Institute)
• Who Has Cheap Auto Insurance Quotes for a Toyota RAV4 in Tampa? (FAQ)
• Who Has the Cheapest Tampa Auto Insurance for College Graduates? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for a Honda CR-V in Tampa? (FAQ)
• How Much is Car Insurance for Felons in Tampa? (FAQ)
• Auto Insurance for Teen Drivers (Insurance Information Institute)
• Property Damage Coverage (Liberty Mutual)
• What Does No-Fault Insurance Cover? (Allstate)