Would you like to stop overpaying and find the cheapest Kia Optima Hybrid insurance in Philadelphia? No sane person is fond of buying auto insurance, especially when their premiums are too high.
Anyone knows that insurance companies want to prevent you from shopping around. People who compare price quotes will presumably move their business because there are good odds of finding a cheaper policy. Surprisingly, a recent survey revealed that drivers who routinely shopped for cheaper coverage saved on average $850 each year compared to drivers who never shopped around for better prices.
If finding the lowest rates on Kia Optima Hybrid insurance in Philadelphia is your goal, then knowing the best way to shop and compare cheaper coverage can make shopping around easier.
Because there are so many companies and agents to choose from, it’s difficult to choose the right insurer.
Locating the best rates in Philadelphia is not that difficult. Essentially anyone who is required by state law to have insurance stands a good chance to find a cheaper policy. But Pennsylvania vehicle owners do need to understand how big insurance companies determine premium rates and apply this information to your search.
Companies offering Kia Optima Hybrid insurance in Philadelphia
The companies shown below are our best choices to provide free rate quotes in Pennsylvania. If multiple companies are shown, it’s a good idea that you visit several of them in order to find the most competitive rates.
What Determines Kia Optima Hybrid Insurance Prices?
One of the most helpful ways to save on car insurance is to to have a grasp of the rating factors that come into play when calculating your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make good choices that will entitle you to lower rates. Many factors are used in the calculation when pricing auto insurance. Some are pretty understandable such as traffic violations, but other criteria are more transparent like your vehicle usage or your financial responsibility.
The items below are some of the major factors used by insurance companies to determine prices.
Low credit rating equals high prices – Your credit history is a big factor in calculating your car insurance rates. Drivers with high credit ratings tend to be more responsible as compared to drivers with poor credit. So if your credit history is lower than you’d like, you could potentially save money when insuring your Kia Optima Hybrid by spending a little time repairing your credit.
Prevent your car from being stolen – Choosing a vehicle that has a built-in theft deterrent system can help bring down rates. Anti-theft features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping your car from being stolen.
Tickets cost more than a fine – Your driving record has a huge affect on how much you pay. Even a single speeding ticket or other violation could increase your next policy renewal twenty percent or more. Drivers who don’t get tickets get better prices than people who have multiple driving citations. Drivers who get careless tickets such as DUI or reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to legally drive.
Pay more out-of-pocket – Insurance for physical damage, also known as collision and other-than-collision, helps pay for damage to your vehicle. Examples of some claims that would be covered are colliding with a building, damage caused by hail, and burglary. The deductibles tell how much you are willing to pay in the event of a claim. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance.
Extra coverages are wasting money – There are a lot of extra coverages that can add up on your Optima Hybrid policy. Coverages like rental car coverage, accident forgiveness, and extra equipment coverage are probably not needed. They may seem good when buying your policy, but if you have no use for them think about removing them and cutting costs.
Teen drivers cost more – Older drivers are more cautious drivers, are lower risk to insure, and tend to be get fewer driving tickets. Inexperience drivers are proven to be inattentive when behind the wheel so car insurance rates are higher.
Insurance losses for a Kia Optima Hybrid – Companies take into consideration historical loss data for every vehicle to help determine costs. Vehicles that historically have a trend towards higher claim severity or frequency will have increased rates. The table shown below demonstrates the compiled insurance loss statistics for Kia Optima Hybrid vehicles.
For each type of coverage, the claim amount for all vehicles as a whole equals 100. Values that are under 100 indicate a favorable loss history, while values that are 100 or greater indicate more frequent losses or tendency to have higher losses.
| Specific Kia Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Optima Hybrid | 143 | 115 | 116 | 139 | 158 | 151 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Discount Philadelphia auto insurance quotes
Auto insurance companies do not advertise every discount they offer very clearly, so the next list breaks down some of the best known as well as the least known credits available to lower your premiums when you buy Philadelphia auto insurance online. If you check and find you aren’t receiving every discount you qualify for, you could be paying more than you need to.
- Anti-lock Brakes – Cars with ABS and/or traction control can reduce accidents and the ABS can save up to 10%.
- Life Insurance – Larger insurance companies have lower prices if you buy a life policy as well.
- Online Discount – Many insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
- Pay Early and Save – If you can afford to pay the entire bill rather than paying in monthly installments you may have a lower total premium amount.
- Passenger Safety Discount – Vehicles with factory air bags or automatic seat belts can qualify for discounts of 20 to 30 percent.
- New Vehicle Savings – Buying a new car model can save you some money because newer vehicles are generally safer.
- Low Mileage Discounts – Keeping the miles down on your Kia may enable drivers to earn discounted prices on garaged vehicles.
- Seat Belts Save – Drivers who always wear seat belts and also require passengers to use their safety belts could cut 10% or more off the personal injury premium cost.
Keep in mind that many deductions do not apply to all coverage premiums. Most cut individual premiums such as liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, you won’t be that lucky.
Insurance companies who might offer most of these discounts include:
Double check with every prospective company which credits you are entitled to. Depending on the company, some discounts may not apply to policies in Philadelphia. If you would like to view providers that can offer you the previously mentioned discounts in Pennsylvania, follow this link.
Car insurance agents can help
Many people prefer to sit down and talk to an agent and that is just fine! The biggest benefit of comparing rates online is you can get the lowest rates and also buy local.
After filling out this short form, the quote information is transmitted to participating agents in Philadelphia who will give you quotes for your coverage. It’s much easier because you don’t need to contact any insurance agencies because quoted prices will be sent straight to your inbox. You’ll get the best rates without requiring a lot of work. If you need to get a price quote from a specific company, just visit that company’s website and submit a quote form there.
Finding the right insurance company needs to be determined by more than just a cheap price quote. You should also get answers to these questions.
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- What discounts might you be missing?
- Does the agency provide any after hours assistance?
- Is the agent and/or agency licensed to do business in Pennsylvania?
- Is the agent CPCU or CIC certified?
- In the event of vehicle damage, can you pick the collision repair facility?
If you want a good insurance agency, there are a couple of different types of agencies that differ in how they can insure your vehicles. Auto insurance agents in Philadelphia are classified as either exclusive or independent (non-exclusive).
Exclusive Insurance Agents
These agents can only provide pricing for a single company like Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot provide prices from multiple companies so keep that in mind. Exclusive agencies receive a lot of sales training on what they offer which helps them compete with independent agents.
Listed below are exclusive agencies in Philadelphia who can help you get price quotes.
John Nicolucci – State Farm Insurance Agent
6001 Ridge Ave – Philadelphia, PA 19128 – (215) 482-7000 – View Map
Erica Bantom Martin – State Farm Insurance Agent
1124 S Broad St – Philadelphia, PA 19146 – (215) 875-8100 – View Map
Jack Stabler – State Farm Insurance Agent
6726 Torresdale Ave – Philadelphia, PA 19135 – (215) 331-4300 – View Map
Independent Insurance Agents
Agents of this type are not required to write business for one company and that allows them to write policies with multiple insurance companies and get the cheapest rates. If you want to switch companies, your policy is moved internally and you won’t have to switch agencies. When comparison shopping, you should always get rate quotes from several independent insurance agents in order to have the best price comparison.
Shown below are independent agencies in Philadelphia that are able to give price quotes.
Wade Insurance Agency
143 E Roosevelt Blvd – Philadelphia, PA 19120 – (215) 457-4995 – View Map
Larry Lewis Insurance Agency, LLC
4548 Market St #208 – Philadelphia, PA 19139 – (215) 243-4110 – View Map
Pa Auto Insurance Outlet
4901 Frankford Ave – Philadelphia, PA 19124 – (215) 827-0800 – View Map
Be persistent and save
When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. In too many instances, an insured dropped physical damage coverage only to find out that the small savings ended up costing them much more. Your objective should be to purchase a proper amount of coverage at the best possible price while still protecting your assets.
Some insurance providers don’t offer online rate quotes and these smaller providers only sell coverage through local independent agents. Discount Kia Optima Hybrid insurance is definitely available both online as well as from independent agents in Philadelphia, and you need to comparison shop both to have the best rate selection.
Additional insurance information is located at these links:
- Distracted Driving (Insurance Information Institute)
- Who Has the Cheapest Philadelphia Car Insurance for a Learners Permit? (FAQ)
- Who Has the Cheapest Philadelphia Car Insurance for Electric Cars? (FAQ)
- What Auto Insurance is Cheapest for College Graduates in Philadelphia? (FAQ)
- How Much are Auto Insurance Quotes for a 20 Year Old Female in Philadelphia? (FAQ)
- Auto Insurance FAQ (Farmers Insurance)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Anti-Lock Brake FAQ (iihs.org)
- Prom Night Tips for Teen Drivers (State Farm)