Best Kia Optima Insurance in Las Vegas

  1. Home
  2. >
  3. Las Vegas Auto Insurance
  4. >
  5. Kia Optima

Discount Kia Optima insuranceAre you looking for a better way to compare the cheapest Kia Optima insurance in Las Vegas? Did a good deal turn into high-priced Kia Optima insurance in Las Vegas? Trust us when we tell you there are a lot of people in Las Vegas just like you who feel imprisoned by their auto insurance policy.

Regrettably, most Nevada auto insurance customers have bought auto insurance from the same company for four years or more, and nearly half have never compared auto insurance rates at all. Drivers in America can save up to 46.5% each year by just comparing quotes, but most undervalue the big savings they would realize if they bought a different policy. Vehicle owners have multiple insurers to buy insurance from, and though it is a good thing to be able to choose, more choices can make it harder to compare rates for Kia Optima insurance in Las Vegas.

The intent of this article is to instruct you on the most effective ways to compare rates and some money-saving tips. If you are already insured, you will be able to find better prices using the techniques covered below. Comparison shoppers just have to learn how to get comparison quotes on the web.

Insurance policy discounts for Kia Optima insurance in Las Vegas

Companies offering auto insurance don't always publicize all available discounts in a way that's easy to find, so we break down some of the best known and also the lesser-known credits available to you.

  • Online Discount - A handful of insurance companies will discount your bill up to fifty bucks for buying your policy online.
  • Anti-theft Discount - Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
  • Service Members Pay Less - Being deployed with a military unit could mean lower rates.
  • Anti-lock Brake System - Vehicles with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
  • Multi-car Discount - Purchasing coverage when you have several vehicles on the same insurance policy qualifies for this discount.
  • Passive Restraints and Air Bags - Vehicles equipped with air bags can qualify for discounts up to 30%.
  • Auto/Home Discount - If you can combine your homeowners and auto policy and insure them with the same company they may give you a discount of at least 10 to 15 percent or more.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Just because it seems like you can get free auto insurance, you aren't that lucky.

The illustration below compares Kia Optima car insurance rates with and without discounts applied to the premium. Data assumes a male driver, no accidents or driving violations, Nevada state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, safe-driver, marriage, and multi-car discounts applied.

Some companies that may have these discounts include:

Check with each company which discounts they offer. Some discounts might not be offered on policies everywhere. To see a list of insurers offering insurance discounts in Nevada, click this link.

The method we recommend to compare car insurance company rates for Kia Optima insurance in Las Vegas is to take advantage of the fact most of the larger companies participate in a system to give you rate quotes. The one thing you need to do is provide details including what you do for a living, the make and model of your vehicles, your general credit rating, and if your license is active. That rating data is submitted instantly to all major companies and you will get price comparisons within a short period of time.

To get price quotes for your car now, click here and enter the information requested.

The following companies are our best choices to provide free quotes in Las Vegas, NV. To get the best cheap auto insurance in Las Vegas, we recommend you click on several of them in order to find the cheapest rates.

Kia Optima insurance rate analysis

The coverage table displayed next outlines different insurance policy prices for Kia Optima models. Having knowledge of how policy rates are calculated can help guide drivers when making decisions on the best policy coverages.

Kia Optima Insurance Rates in Las Vegas, NV
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $168 $252 $456 $26 $136 $1,038 $87
Optima EX $190 $298 $456 $26 $136 $1,106 $92
Optima SX $190 $298 $456 $26 $136 $1,106 $92
Get Your Own Custom Quote Go

Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Prices do not factor in specific location which can impact premiums considerably.

Higher deductibles save money

The hardest decision when buying coverage is how high should your deductibles be. The comparisons below can help you visualize the premium difference between low and high deductibles. The first set of prices uses a $100 physical damage coverage deductible and the second price table uses a $500 deductible.

Kia Optima insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $266 $478 $348 $20 $104 $1,241 $103
Optima EX $300 $564 $348 $20 $104 $1,361 $113
Optima SX $300 $564 $348 $20 $104 $1,361 $113
Get Your Own Custom Quote Go
Kia Optima insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $194 $324 $348 $20 $104 $990 $83
Optima EX $218 $382 $348 $20 $104 $1,072 $89
Optima SX $218 $382 $348 $20 $104 $1,072 $89
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Information does not factor in Las Vegas location which can affect insurance rates greatly.

Based on these figures, using a $100 deductible costs about $23 more each month or $276 annually than opting for the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 17 months between claims, you would more than likely save some money if you elect the higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $110
Average monthly premium for $500 deductibles (subtract): - $87
Monthly savings from raising deductible: $23
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One big caveat is that raising deductibles results in a higher out-of-pocket expense if you have a claim. That will require some available funds in order to pay more to get your vehicle repaired.

Men versus women drivers and insurance cost

The example below shows the difference between Kia Optima insurance costs for male and female drivers. The rates are based on no violations or accidents, comp and collision included, $250 deductibles, drivers are not married, and no policy discounts are applied.

Cost difference between full coverage and liability

The illustration below shows the difference between Kia Optima insurance rates with full coverage compared to only the Nevada minimum liability coverage. The rate quotes are based on no claims, a clean driving record, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Guidelines for eliminating full coverage

There isn't a written rule of when to stop paying for comp and collision coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is about 10% or more of the vehicle's replacement cost less your deductible, then it might be time to buy liability only.

For example, let's pretend your Kia Optima claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $3,000 after paying your policy deductible. If premiums are more than $300 annually for full coverage, then it might be time to consider dropping full coverage.

There are some circumstances where eliminating full coverage is not in your best interest. If you haven't paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you can't afford to buy a different vehicle in case of an accident, you should not remove full coverage.

Kia Optima Insurance Rate Factors

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that go into determining car insurance rates. When you know what positively or negatively positively or negatively impacts your premiums, this enables informed choices that can earn you big savings.

  • More performance means more cost - The type of vehicle you are trying to find cheaper insurance for makes a substantial difference in determining your rates. The lowest premiums will generally be found on the lowest performance passenger models, but the cost you end up paying is determined by many additional factors.

    The following chart uses these variables: single male driver age 20, full coverage with $1000 deductibles, and no discounts or violations. The data compares Kia Optima insurance premiums compared to other models that have different performances.

  • Discounts for married couples - Having a significant other may cut your premiums compared to being single. Having a significant other means you're less irresponsible and it's proven that married drivers get in fewer accidents.
  • Reduce rates by driving safer vehicles - Vehicles that have high safety ratings tend to have better insurance rates. Safer cars result in less severe injuries and fewer serious injuries means lower claim amounts and cheaper rates on your policy. If your Kia Optima scored at minimum an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Long commutes cost more - Driving more miles in a year's time the higher your rates will be. A lot of insurance companies calculate rates based on how the vehicle is used. Cars left parked in the garage qualify for better rates than vehicles that have high annual mileage. Having an incorrect usage rating on your Optima may be wasting your money. It's always a good idea to double check that your car insurance coverage shows annual mileage.
  • Keep car insurance rates low by being claim-free - Auto insurance companies in Nevada generally give the best rates to drivers who are not frequent claim filers. If you are the type of insured that files lots of claims you can look forward to increased rates or even have your policy non-renewed. Your insurance policy is intended for more catastrophic claims.
  • Gaps in coverage mean higher car insurance rates - Having a gap between insurance policy dates can be a guaranteed way to increase your rates. Not only will rates go up, being ticketed for driving with no insurance could result in a license revocation or jail time.
  • Kia Optima insurance loss probability - Insurance companies analyze past claim statistics to calculate a price that will offset any claims. Vehicles that the data shows to have high amounts or severity of claims will have a higher premium rate. The table below shows the historical loss data for Kia Optima vehicles.

    For each coverage type, the claim probability for all vehicles, without regard to make or model, is equal to 100. Values below 100 mean the vehicle has better than average losses, while numbers shown that are more than 100 point to more frequent losses or a tendency for claims to be larger.

    Auto Insurance Loss Data for Kia Optima Models
    Vehicle 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: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

When should I have guidance from a local insurance agent?

Many people would prefer to visit with an insurance agent and doing so can bring peace of mind Good agents can help you build your policy and help you file claims. An additional benefit of comparing rate quotes online is you may find lower rates and still buy from a local agent. Buying from and supporting local insurance agents is important especially in Las Vegas.

Insurance agency in Las VegasBy using this short form, your insurance data gets sent to local insurance agents in Las Vegas that can give you free Las Vegas auto insurance quotes for your coverage. There is no need to visit any agencies because prices are sent to you directly. If you wish to get a price quote for a specific company, don't hesitate to navigate to their website and submit a quote form there.

Below is a short list of auto insurance companies in Las Vegas who can help you get rate quotes for Kia Optima insurance in Las Vegas.

348 N Nellis Blvd - Las Vegas, NV 89110 - (702) 838-5141 - View Map

6190 W Charleston Blvd - Las Vegas, NV 89146 - (702) 685-3888 - View Map

4045 Spencer St #114 - Las Vegas, NV 89119 - (702) 735-0926 - View Map

7150 N Durango Dr #130 - Las Vegas, NV 89149 - (702) 880-9000 - View Map

View more Las Vegas agents

Choosing an company needs to be determined by more than just a cheap price quote. Any agent in Las Vegas should be willing to answer these questions.

  • Does the agency provide any after hours assistance?
  • What kind of financial rating does the company have?
  • If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
  • How long has their agency been open in Las Vegas?
  • Can you get a list of referrals?
  • Will their companies depreciate repairs to your car based on the mileage?
  • Has the agent ever had any license suspensions?

If you get good feedback for all questions you ask as well as cheaper Optima insurance quotes, most likely you have located an insurer that meets your needs to service your policy.

Three reasons to not skimp on auto insurance

Despite the high cost of buying insurance for a Kia Optima in Las Vegas, maintaining insurance serves a purpose in several ways.

  • The majority of states have mandatory liability insurance requirements which means the state requires a specific minimum amount of liability insurance in order to get the vehicle licensed. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
  • If you have a lien on your vehicle, it's guaranteed your bank will stipulate that you have comprehensive coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Kia for a lot more money and require you to fork over for it.
  • Auto insurance protects not only your Kia but also your assets. It also can pay for medical bills for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive and collision coverage will cover the repair costs.

The benefits of carrying adequate insurance outweigh the cost, especially for larger claims. On average, a vehicle owner in Las Vegas is overpaying more than $855 a year so compare rates at every policy renewal to ensure rates are inline.

A little work can save a LOT of money

Cheaper insurance in Las Vegas can be bought on the web as well as from insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies may not have internet price quotes and most of the time these smaller providers work with independent insurance agencies.

As you restructure your insurance plan, never reduce coverage to reduce premium. There have been many situations where someone sacrificed collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to buy enough coverage at the lowest possible cost while still protecting your assets.

Steps to finding low-cost rates for Kia Optima insurance in Las Vegas

Truthfully, the best way to find better pricing on auto insurance rates is to regularly compare price quotes from companies who sell auto insurance in Las Vegas. You can compare prices by completing these steps.

First, try to comprehend what coverages are included in your policy and the steps you can take to drop your rates. Many factors that cause high rates such as traffic citations and a bad credit rating can be remedied by improving your driving habits or financial responsibility.

Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from a single company like GEICO or Farmers Insurance, while independent agencies can give you price quotes for a wide range of insurance providers.

Third, compare the price quotes to your existing policy to see if a cheaper rate is available in Las Vegas. If you can save money and make a switch, ensure there is no coverage lapse between policies.

An essential thing to point out is to try to compare the same deductibles and limits on every quote and and to analyze as many auto insurance providers as possible. This provides an apples-to-apples comparison and the best rate selection.

For more information, link through to the resources below: