To save the most money, the best way to get more affordable Kia Stinger insurance in Fort Wayne is to regularly compare prices from different companies that insure vehicles in Indiana. Drivers can shop around by completing these steps.
First, try to learn about how insurance companies determine prices and the things you can change to lower rates. Many rating factors that increase rates like speeding and a substandard credit history can be remedied by making minor driving habit or lifestyle changes. This article provides more details to help keep rates affordable and get discounts that may be overlooked.
Second, quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from one company like Progressive or Allstate, while agents who are independent can quote rates from multiple companies. Compare rates now
Third, compare the new rate quotes to your existing rates to determine if you can save on Stinger insurance. If you find better rates, make sure coverage is continuous and does not lapse.
The key thing to remember is that you’ll want to make sure you compare identical coverage information on each price quote and and to get rates from all possible companies. Doing this provides a level playing field and a complete selection of prices.
A recent car insurance study discovered that over 70% of consumers have stayed with the same insurance company for four years or more, and approximately 40% of consumers have never shopped around. Consumers in the U.S. could save $860 each year just by shopping around, but they just assume it takes a lot of time to shop around.
Finding cheaper Kia Stinger auto insurance rates is an easy way to save money. Consumers just need to spend a few minutes to get quotes to discover which company has low cost Fort Wayne auto insurance quotes.
The companies in the list below offer price comparisons in Fort Wayne, IN. To locate the best cheap car insurance in Fort Wayne, it’s highly recommended you compare several of them to get the most competitive price.
What Determines Kia Stinger Insurance Premiums?
Many different elements are part of the equation when pricing auto insurance. Some are pretty understandable like an MVR report, although some other factors are not as apparent like your vehicle usage or how financially stable you are.
Extra coverages push up costs – There are a lot of additional coverages that may not really be needed on your Stinger policy. Add-on coverages like vanishing deductibles, high-cost glass coverage, and motor club memberships could be just wasting money. They may seem good when you first buy your policy, but if they’re wasting money eliminate them to save money.
Youthful drivers cost more – Older people are more responsible, cost insurance companies less in claims, and usually have better credit. Beginning drivers are statistically shown to be more careless when driving with friends so they pay higher car insurance rates.
Prevent theft and save – Choosing to buy a car that has a built-in theft deterrent system can save you some money. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.
Do men or women drive better? – Over the last 50 years, statistics have shown females are less aggressive when driving. Now that doesn’t mean women are better drivers. Females and males are responsible for fender benders at a similar rate, but the male of the species have accidents that have higher claims. Not only are claims higher, but men get cited for more serious violations like reckless driving and DUI. Males from age 16 to 21 are most likely to cause an accident so they pay the highest premiums.
Never let your car insurance lapse – Having a lapse in insurance coverage can be a guaranteed way to drive up your policy premiums. And not only will insurance be more expensive, not being able to provide proof of insurance can result in a fine, jail time, or a revoked license.
Costs and your address – Being located in less populated areas can save you money when trying to find low car insurance rates. Fewer drivers means a lower chance of having an accident in addition to lower liability claims. Residents of big cities tend to have congested traffic and a longer drive to work. Spending more time driving means more chances of being involved in an auto accident.
Single drivers take more risk – Having a wife or husband may save some money compared to being single. Having a spouse usually means you are more stable financially and it’s proven that drivers who are married file infrequent claims.
Traffic violations hurt – Your driving citation history impacts your car insurance rates tremendously. Careful drivers get better prices than bad drivers. Having just one moving violation can increase rates twenty percent or more. Drivers who have received multiple violations such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with their state in order to keep their license.
Car insurance is not optional but you don’t have to overpay
Even though it’s not necessarily cheap to insure a Kia in Fort Wayne, maintaining insurance may not be optional for several reasons.
- Almost all states have mandatory insurance requirements which means you are required to buy specific minimum amounts of liability insurance coverage in order to drive the car. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Kia Stinger, most lenders will require you to have full coverage to guarantee loan repayment. If you let the policy lapse, the lender will be forced to insure your Kia for a much higher rate and force you to pay for the expensive policy.
- Car insurance preserves both your Kia and your personal assets. It will also provide coverage for medical expenses for both you and anyone you injure as the result of an accident. Liability insurance will also pay attorney fees if you cause an accident and are sued. If damage is caused by hail or an accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of having car insurance more than offset the price you pay, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer overpays as much as $850 per year so you should quote rates at every policy renewal to save money.