Car Insurance Quotes for a Kia Rio in New Orleans

Insurance rates Kia Rio in New OrleansAre you searching for cheaper Kia Rio insurance in New Orleans? Comparing and finding cheaper premium rates for Kia Rio insurance in New Orleans can be very difficult for beginners to quoting and comparing prices online. There are so many agents and companies to choose from that it can easily turn into a burden to find the lowest price on Kia Rio insurance.

It’s easy to assume that auto insurance companies don’t want you to compare rates. People who shop around for a cheaper policy will, in all likelihood, switch insurance companies because there is a significant possibility of finding coverage at a more affordable price. A recent insurance study revealed that drivers who make a habit of shopping around saved $72 a month compared to people who don’t regularly compare prices.

If saving money on auto insurance in New Orleans is your goal, then having an understanding of the best way to quote and compare car insurance can help you succeed in saving money.

Companies offering Kia Rio insurance in Louisiana

The car insurance companies shown below are our best choices to provide price comparisons in New Orleans, LA. To find the best cheap auto insurance in New Orleans, LA, it’s a good idea that you visit several of them to get the most affordable price.

Kia Rio insurance rates and statistics

The coverage table displayed next covers estimates of policy rates for Kia Rio models. Having knowledge of how insurance policy rates are calculated can aid in making smart buying decisions.

Kia Rio Insurance Rates in New Orleans, LA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $268 $592 $552 $32 $166 $1,610 $134
Rio LX $268 $592 $552 $32 $166 $1,610 $134
Rio SX $308 $698 $552 $32 $166 $1,756 $146
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Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rates do not factor in vehicle location which can alter coverage rates considerably.

The chart below shows how different deductible levels and can change Kia Rio insurance rates for different categories of driver ages. The premiums assume a married male driver, full coverage, and no discounts are taken into consideration.

Full coverage rates vs. liability-only

The diagram below visualizes the comparison of Kia Rio premium costs with full physical damage coverage compared to only buying liability only. Data assumes no driving violations, no at-fault accidents, $500 deductibles, single marital status, and no discounts are factored in.

Are you wasting money on full coverage?

There is no specific rule to drop full coverage, but there is a general convention. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Kia Rio settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $2,000 after paying your policy deductible. If you are paying more than $200 a year for comprehensive and collision coverage, then you may need to consider dropping full coverage.

There are some situations where eliminating full coverage is not a good plan. If you still owe money on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.

Cut your auto insurance rates with discounts

Car insurance is not cheap, but companies offer discounts that may help make it more affordable. Some trigger automatically when you complete an application, but some discounts are required to be asked for before you get the savings.Save money with discounts

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. A few only apply to individual premiums such as liability, collision or medical payments. Despite the appearance that adding up those discounts means a free policy, auto insurance companies aren’t that generous.

The illustration below illustrates the comparison of Kia Rio insurance prices with and without discounts applied to the policy rates. The data is based on a female driver, no claims or driving violations, Louisiana state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, safe-driver, homeowner, multi-policy, and marriage discounts applied.

To choose insurance companies that offer many of these discounts in New Orleans, click here to view.

What Determines Kia Rio Insurance Costs?

Smart consumers have a good feel for the different types of things that come into play when calculating the price you pay for auto insurance. When you know what positively or negatively determines premiums, this enables informed choices that may result in big savings. Many things are used when quoting car insurance. Some are obvious like your driving record, but others are more obscure such as your credit history or your vehicle rating.

The items below are just a few of the factors used by companies to determine your prices.

Local New Orleans car insurance agents and auto insurance

Some consumers prefer to visit with an insurance agent and that is not a bad decision An additional benefit of getting online price quotes is you can get cheaper prices but also keep your business local.

New Orleans insurance agentsTo help locate an agent, after submitting this form (opens in new window), the coverage information is transmitted to companies in New Orleans that give free quotes and help you find cheaper coverage. It’s much easier because you don’t need to leave your house because quoted prices will be sent to you. You’ll get the best rates and a licensed agent to talk to. If for some reason you want to get a price quote for a specific company, you can always search and find their rate quote page and complete a quote there.

Finding the right insurer is decision based upon more than just a cheap price. These are some questions your agent should answer.

The different types of auto insurance agents

When researching a good New Orleans insurance agent, you should know the types of insurance agents and how they are distinctly different. Auto insurance agencies are either exclusive agents or independent agents.

Exclusive Agents

These type of agents can only write with one company and some examples include Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents cannot compare other company’s rates so you need to shop around if the rates are high. Exclusive agents are usually well trained on their company’s products and that can be a competitive advantage. A lot of people use the same agent partially due to the prominence of the brand rather than having the cheapest rates.

The following are New Orleans exclusive insurance agents who can help you get comparison quotes.

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Independent Agencies or Brokers

Agents of this type are not locked into one company so they can insure your vehicles through many companies and find you cheaper rates. If prices rise, the business is moved internally and you don’t have to find a new agent. When shopping rates, it’s a good idea to get rate quotes from at a minimum one independent agency to have the most options to choose from. Most independent agents also contract with companies that do not advertise much who may have lower rates.

Listed below is a short list of independent insurance agencies in New Orleans that are able to give rate quotes.

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Cheaper auto insurance is a realistic goal

Drivers change insurance companies for many reasons like lack of trust in their agent, not issuing a premium refund, high prices and even unfair underwriting practices. No matter why you want to switch, finding a great new company is not as hard as you think.

Low-cost Kia Rio insurance in New Orleans can be bought online in addition to local insurance agencies, so get free New Orleans auto insurance quotes from both of them in order to have the best price selection to choose from. A few companies do not offer online price quotes and usually these regional carriers only sell through local independent agents.

As you go through the steps to switch your coverage, it’s not a good idea to reduce needed coverages to save money. In many cases, consumers will sacrifice full coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase a proper amount of coverage at a price you can afford and still be able to protect your assets.

How to buy cheaper Kia Rio insurance in New Orleans

If you want to save the most money, the best way to find lower priced Kia Rio insurance in New Orleans is to regularly compare quotes from companies that insure vehicles in Louisiana. You can compare rates by following these steps.

The most important part of this process is to use identical coverages on every quote request and and to look at all possible companies. Doing this ensures an apples-to-apples comparison and a good representation of prices.

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