Kia Optima Insurance Rates

If you are struggling with the best way to shop for a Kia Optima insurance policy, this article is for you. Drivers pay an average of $1,454 per year for Optima auto insurance and that can fluctuate based on a variety of factors, such as the age of the vehicle.

For example, 2013 Kia Optima insurance rates are more affordable than what you might find when looking at 2015 Kia Optima insurance costs.

In order to adequately prepare yourself to shop for a policy like a pro, be sure to read through this detailed article. When you’re ready, be sure to enter your five-digit ZIP code to compare Kia Optima rates from multiple companies.

Average auto insurance rates for a Kia Optima are $1,288 annually for full coverage insurance. Comprehensive insurance costs approximately $230 a year, collision costs $358, and liability is estimated at $520. A liability-only policy costs approximately $576 a year, with high-risk insurance costing $2,778 or more. 16-year-old drivers receive the highest rates at $5,050 a year or more.

Average premium for full coverage: $1,288

Rate estimates by individual coverage type:

Estimates include $500 deductible amounts, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and Optima trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of auto insurance. Rural locations tend to have fewer physical damage claims than congested cities.

The diagram below illustrates how your location can change auto insurance prices.

These examples illustrate why it is important to get quotes using their specific location and their own personal driving habits, instead of using rate averages.

Use the form below to get customized rates for your location.

Detailed Rate Analysis

The chart below illustrates estimated Kia Optima insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $766
• Choosing higher $1,000 deductibles can save $1,154 each year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,288
• Buying low $100 deductibles for comp and collision coverage costs an additional $256 every year
• Unlucky drivers with multiple tickets or accidents could pay around $2,778 or more
• The cost with full coverage for a teen driver can cost $5,050 each year

View Chart as Image

Insurance rates for a Kia Optima can also vary considerably based on the trim level of your Optima, your risk profile, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high physical damage deductibles may pay as little as $1,200 annually on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they can expect to pay in the ballpark of $5,000 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,500 to $2,200 extra per year, depending on your age. A high-risk auto insurance policy ranges as much as 44% to 130% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles can save as much as $390 every year, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $468 more per year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Kia Optima insurance prices. A good driver about age 40 could pay as low as $840 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,740 on average in Florida, New York, and Michigan.

View Chart as Image

With so much variability in rates, the only way to figure out who has the best car insurance rates is to get quotes and see which company has the best rate. Each auto insurer utilizes a different rate formula, so the rates can be significantly different between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2016 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy Low Cost Kia Optima Insurance

Saving money on car insurance takes having a good driving record, having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to shop around at least every other year by requesting rates from direct insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

The next list is a review of the car insurance concepts illustrated above.

• Higher risk drivers who have several accidents or serious violations could be forced to pay on average $1,490 more per year to buy Kia Optima insurance
• It is possible to save around $150 per year simply by quoting early and online
• Increasing deductibles could save up to $400 each year
• Policyholders who purchase increased levels of liability coverage will pay around $570 annually to raise limits from a minimum limit to higher 250/500 limits

As you can see from some of the information we’ve gone over to this point, there are several individual factors that influence Optima car insurance rates. Take advantage of our free quote tool below to compare quotes from top companies right now.

What are the safety ratings of the Kia Optima?

The safety ratings of the Kia Optima are important to understand because your insurance provider is going to be interested in knowing about the durability of your car.

Take a look at the following crash test ratings of the Kia Optima with results posted by the Insurance Institute for Highway Safety.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

For a brief frame of reference, “Good” is the highest rating possible. The fact that the Kia Optima received this score in every part of the car that was tested is great news if you want an affordable policy.

Kia Optima Compared Against Other Vehicles in the Same Class

If you are curious to know how the Kia Optima stacks up to other similar models, take a look at the following midsize four-door sedans.

Each page provides information on the insurance rates for each comparable model so you can cross-reference them with the Kia Optima.

• Chevrolet Malibu
• Hyundai Sonata
• Volkswagen Jetta

Data from the IIHS shows that the Kia Optima has a bodily injury loss percentage of 34 percent and a property damage loss percentage of 9 percent. Both of these figures are a bit worse than average for this vehicle class, which might contribute to your insurance rates.

Now that we have gone into great detail about how Kia Optima insurance rates are calculated, is there anything we might have missed? If not, start comparing Kia Optima quotes from multiple companies by taking advantage of our free online tool.