Kia Rio Insurance Quotes in Riverside

Regrettably, a large majority of drivers have purchased from the same company for at least the last four years, and about 40% of consumers have never shopped around. California insurance shoppers can save up to 35% each year by just comparing rate quotes, but they don’t want to spend time to shop their coverage around.

Insurance for Kia RioIf you want to save money, the best way to find cheaper prices for Kia Rio insurance is to compare quotes annually from companies who can sell car insurance in Riverside. This can be done by following these steps.

An important part of this process is to use the same liability limits and deductibles on every price quote and and to compare as many companies as possible. This ensures an accurate price comparison and the most accurate and complete price analysis.

If you currently have insurance, you will most likely be able to find better prices using this information. Buying the cheapest insurance in Riverside is really quite simple as long as you have a good starting point. Although California car owners should learn how insurance companies price online insurance because it can help you find the best coverage.

Low Cost Kia insurance prices in Riverside

The car insurance companies shown below offer price quotes in Riverside, CA. If more than one company is shown, we recommend you visit two to three different companies in order to get a fair rate comparison.

Insurance coverage details

The coverage information displayed next covers detailed analysis of coverage prices for Kia Rio models. Being more informed about how prices are established can be of help when making smart choices when purchasing an auto insurance policy.


Kia Rio Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $158 $372 $564 $34 $168 $1,296 $108
Rio LX $158 $372 $564 $34 $168 $1,296 $108
Rio SX $182 $440 $564 $34 $168 $1,388 $116
Get Your Own Custom Quote Go

Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Prices do not factor in your specific Riverside location which can increase or decrease premium rates noticeably.

Analysis of deductible levels

A question often asked by Riverside drivers is how high should your deductibles be. The following insurance rates lay out how much more rates are when you select higher and lower insurance deductibles. The first rate quote example uses a $250 deductible and the second price chart uses a $500 deductible.


Kia Rio insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $298 $576 $500 $30 $150 $1,579 $132
Rio LX $298 $576 $500 $30 $150 $1,579 $132
Rio SX $342 $678 $500 $30 $150 $1,725 $144
Get Your Own Custom Quote Go

Kia Rio insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $242 $464 $500 $30 $150 $1,386 $116
Rio LX $242 $464 $500 $30 $150 $1,386 $116
Rio SX $278 $546 $500 $30 $150 $1,504 $125
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Price information does not factor in specific location information which can raise or lower auto insurance rates significantly.

Based on the figures above, using a $250 deductible will cost you about $17 more each month or $204 a year than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have at least 15 months between claims, you would come out ahead if you choose the higher deductible.

How to determine if higher deductibles are a good idea

Average monthly premium for $250 deductibles: $136
Average monthly premium for $500 deductibles (subtract): – $119
Monthly savings from raising deductible: $17
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One important note is that a higher deductible means you pay more out-of-pocket at claim time. You must have a higher level of savings in order to pay more to get your vehicle repaired.

Illustration showing the impact of accidents and violations

The example below illustrates how speeding tickets and at-fault fender-benders can increase Kia Rio insurance costs for different insured age categories. The data assumes a single female driver, full coverage, $1,000 deductibles, and no discounts are factored in.

Kia Rio liability rates compared to full coverage

The chart below visualizes the comparison of Kia Rio insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume no violations or accidents, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Should you buy full coverage or liability only?

There is no definitive rule that works best for making the decision to drop full coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is more than about 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your Kia Rio claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after the deductible is paid. If you are paying over $400 annually for comprehensive and collision coverage, then it could be time to drop full coverage.

There are a few situations where only buying liability is not recommended. If you haven’t paid off your loan, you have to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage.

Do you qualify for discounts?

Some providers don’t always publicize every discount they offer in an easy-to-find place, so the next list breaks down both well-publicized and also the more inconspicuous credits that may apply to you.Discount car insurance

As is typical with insurance, most discounts do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, car insurance companies aren’t that generous.

The diagram below shows the comparison of Kia Rio insurance costs with and without discounts applied to the policy rates. The information is based on a female driver, no claims or driving violations, California state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, marriage, multi-policy, homeowner, and claim-free discounts applied.

A list of car insurance companies and some of their more popular discounts are included below.

Before you buy a policy, ask each insurance company to apply every possible discount. A few discounts may not apply to policies in your area. If you would like to see a list of car insurance companies who offer cheap Kia Rio insurance quotes in Riverside, follow this link.

Informed Drivers Can Slash Their Insurance Rates

Many things are used when quoting car insurance. Some are obvious like a motor vehicle report, although others are not quite as obvious such as your credit history or your commute time. Smart consumers have a good feel for some of the factors that aid in calculating your premiums. If you have a feel for what determines base rates, this allows you to make good choices that can earn you lower premium levels.

The factors shown below are some of the major factors used by your company to calculate premiums.

Big city or small town – Being located in small towns and rural areas has it’s advantages when talking about car insurance. Urban drivers have to deal with much more traffic and higher rates of accident claims. Fewer people means less chance of accidents and a lower car theft rate.

Never go without car insurance – Having an insurance coverage lapse is a quick way to increase your car insurance rates. Not only will rates go up, the inability to provide proof of insurance will get you a revoked license or a big fine.

Save money by having multiple policies – Lots of car insurance companies afford discounts to buyers who consolidate policies with them in the form of a multi-policy discount. Even if you qualify for this discount already, consumers should still get quotes from other companies to guarantee you are still saving the most.

Insurance premiums are higher for high performance vehicles – The type of vehicle you are buying insurance for makes a significant difference in your car insurance bill. Low performance passenger cars normally have pretty low rates, but that’s not the only thing that factors into the final price.

The data below assumes a married male driver age 40, full coverage with $250 deductibles, and no discounts or violations. The data compares Kia Rio policy rates compared to other models of vehicles that have a range of performance rating factors.

Kia Rio claim probability – Companies use claims history to help calculate a profitable premium price. Models that the data determines to have higher claim amounts or frequency will have increased rates. The data below shows the loss history for Kia Rio vehicles.

For each insurance policy coverage type, the statistical loss for all vehicles, regardless of make or model, is set at 100. Values that are below 100 indicate better than average losses, while percentage values above 100 point to more losses or an increased likelihood of larger losses.


Auto Insurance Loss Data for Kia Rio Models
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Kia Rio 90 109 81 141 158 127
BETTER
AVERAGE
WORSE

Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

When should I discuss my situation with an agent?

When it comes to choosing the right insurance coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s situation is a little different and your car insurance should be unique as well.Safe vehicles cost less to insure
For instance, these questions can aid in determining whether you could use an agent’s help.

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Can’t I compare rate quotes from local Riverside insurance agencies?

Certain consumers still like to sit down with an agent and that is just fine! One of the great benefits of comparing rates online is the fact that you can find lower rates and also buy local.

To help locate an agent, after submitting this short form, your coverage information is submitted to companies in Riverside who can give free rate quotes for your car insurance coverage. There is no need to contact an agency since price quotes are sent to you directly. You can find better rates AND an agent nearby. If you have a need to get a price quote from a specific car insurance provider, just navigate to their website and fill out their quote form.

Deciding on an provider needs to be determined by more than just a low price. A good agent in Riverside will have answers to these questions.

When researching a local Riverside insurance agency, you should know the types of insurance agents and how they can quote your rates. Riverside agents can either be independent agents or exclusive agents depending on their employer.

Exclusive Insurance Agencies

Agents that elect to be exclusive have only one company to place business with like Allstate, Farmers Insurance or State Farm. They usually cannot compare other company’s rates so they have no alternatives for high prices. They are trained well on what they offer and that enables them to sell even at higher rates.

The following are exclusive agencies in Riverside who may provide you with rate quotes.


3590 Central Ave #212Riverside, CA 92506(951) 274-0047View Map


6325 Rutland AveRiverside, CA 92503(951) 527-5050View Map


3333 Central Ave bRiverside, CA 92506(951) 367-1490View Map

View more Riverside agents

Independent Agents

Independent agencies often have affiliation with several companies and that enables them to quote your coverage with many different companies and find you the best rates. If they find a cheaper price, they simply move the coverage in-house and that require little work on your part. If you need lower rates, it’s a good idea to check rates from independent agents so that you have a good selection of quotes to compare.

Listed below is a list of independent agencies in Riverside who can help you get rate quotes.


6200 Pegasus Dr #1Riverside, CA 92503(951) 785-8521View Map


11728 Magnolia Ave Suite BRiverside, CA 92503(951) 202-1871View Map


5586 Mission BoulevardRiverside, CA 92509(951) 684-0494View Map

View more Riverside agents

How much can you save?

We just presented many ideas to reduce Kia Rio insurance prices online in Riverside. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest prices are with a small local company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Allstate and Progressive.

When shopping online for insurance, it’s very important that you do not buy less coverage just to save a little money. There are many occasions where an accident victim reduced liability coverage limits to discover at claim time that the few dollars in savings costed them thousands. Your objective should be to purchase plenty of coverage for the lowest cost, not the least amount of coverage.

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