Compare Kia Sedona Insurance Quotes in Raleigh

It’s a known fact that insurance companies don’t want policyholders to shop around. Consumers who compare other rates will probably switch to a new company because they stand a good chance of finding lower rate quotes. A recent survey found that drivers who did price comparisons regularly saved on average $865 a year as compared to drivers who don’t regularly compare prices.

If finding the cheapest price on car insurance in Raleigh is your ultimate target, then having some knowledge of the best ways to find and compare insurance coverage can make it easier for you to save money.

The easiest way to get the cheapest car insurance rates is to regularly compare prices from insurers in Raleigh.

1. It will benefit you to learn about what coverages are included in your policy and the factors you can control to prevent expensive coverage. Many rating factors that result in higher rates like speeding tickets, accidents and a poor credit rating can be amended by improving your driving habits or financial responsibility.
2. Compare rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like Progressive or State Farm, while agents who are independent can give you price quotes from many different companies.
3. Compare the new quotes to the premium of your current policy to see if you can save by switching companies. If you can save money and switch companies, make sure there is no coverage gap between policies.
4. Provide notification to your current agent or company of your decision to cancel your current auto insurance policy and submit the completed application along with a down payment to the newly selected company. As soon as you have the new policy, put the proof of insurance certificate with your vehicle’s registration.

The most important part of shopping around is that you use the same physical damage deductibles and liability limits on each quote and and to get rate quotes from as many different companies as possible. Doing this ensures a fair rate comparison and the best price quote selection.

Informed Consumers Save More

Many factors are considered when pricing auto insurance. Most are fairly basic like an MVR report, but other factors are less apparent such as your marital status and annual miles driven. The best way to find cheaper insurance is to take a look at the rating factors that go into determining your premiums. If you understand what determines base rates, this allows you to make good choices that may result in lower rates.

• Prices can be impacted by your occupation – Careers such as real estate brokers, business owners, and stock brokers tend to pay the highest average rates because of high stress levels and lots of time spent away from family. Conversely, occupations like professors, athletes and retirees generally pay rates lower than average.
• Frequent insurance claims will increase rates – Car insurance companies in North Carolina award lower rates to insureds who do not rely on their insurance for small claims. If you file a lot of claims you can pretty much guarantee higher rates. Insurance coverage is designed for larger claims.
• Your location is important – Residing in less populated areas of the country has definite advantages when insuring your vehicles. Less people living in that area translates into fewer accident claims and a lower car theft rate. Drivers who live in large North Carolina cities have much more traffic and higher rates of accident claims. More time on the road means more chance of being in an accident.
• Higher coverage deductibles are cheaper – Comp and collision deductibles tell how much you are required to pay if a claim is determined to be covered. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some examples of claims that would be covered could be rear-ending another vehicle, collision with a deer, and damage caused by road hazards. The more you have to pay, the lower your rates will be.

• Claims statistics for a Kia Sedona – Companies analyze claim trends for every vehicle when setting premium rates. Models that the data shows to have a trend towards higher claim severity or frequency will cost more for specific coverages.

  The information below illustrates the compiled insurance loss statistics for Kia Sedona vehicles. For each coverage type, the claim amount for all vehicles, without regard to make or model, is a value of 100. Values below 100 suggest a positive loss record, while values over 100 point to more losses or an increased probability of a larger loss.

  
  

  Insurance Loss Ratings for Kia Sedona Vehicles

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Kia Sedona	102	64	96	116

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Kia Sedona insurance analysis

The data table below covers different insurance prices for Kia Sedona models. Being aware of how insurance quotes are formulated can be useful when making smart choices when selecting a policy.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Table data does not factor in specific garaging location which can increase or decrease premium rates significantly.

Policy deductible comparison

When comparing insurance rates, the most common question is the level to set your comp and collision deductibles. The following tables approximate the rate fluctuation of buying low and high insurance deductibles. The first table uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can revise coverage rates considerably.

Using the premium rates above, we can conclude that using a $250 deductible will cost in the ballpark of $18 more each month or $216 every year than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 42 months between claims, you would save more money by going with a higher deductible.

The example below demonstrates how choosing different deductibles and can raise or lower Kia Sedona insurance prices for each age group. The prices are based on a single female driver, comp and collision included, and no discounts are applied.

Drive safe and save

The example below demonstrates how citations and accident claims can influence Kia Sedona insurance prices for each age group. The premium estimates are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no additional discounts are factored in.

Annual premiums for males compared to females in Raleigh

The example below visualizes the comparison of Kia Sedona annual premium costs for male and female drivers. Data assumes a clean driving record, no claims, full physical damage coverage, $250 deductibles, drivers are not married, and no discounts are factored in.

Full coverage versus liability only rates

The diagram below illustrates the comparison of Kia Sedona premium costs with and without full coverage. The prices are based on no driving violations, no at-fault accidents, $100 deductibles, single status, and no discounts are taken into consideration.

When to buy liability coverage only

There is no definitive guideline of when to phase out full coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Kia Sedona book value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $6,000 after paying your policy deductible. If you are paying in excess of $600 annually for your policy with full coverage, then you might want to think about dropping full coverage.

There are some cases where dropping full coverage is not financially feasible. If you still owe money on your vehicle, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not consider dropping full coverage.

Do you qualify for discounts on Kia Sedona insurance in Raleigh?

Some insurance providers do not advertise every discount they offer very well, so the following is a list of both the well known and also the more inconspicuous credits available to you.

• Discount for Life Insurance – Insurance companies who offer life insurance give better premium rates if you take out some life insurance too.
• Payment Discounts – By paying your policy upfront rather than paying monthly you can actually save on your bill.
• Braking Control Discount – Cars and trucks with ABS and/or traction control can reduce accidents and the ABS can save up to 10%.
• Theft Deterrent Discount – Cars equipped with anti-theft or alarm systems are less likely to be stolen and can earn a small discount on your policy.
• Paperless Signup – Some of the larger companies will discount your bill up to fifty bucks simply for signing digitally online.

Please keep in mind that some credits don’t apply to the whole policy. Most only reduce specific coverage prices like comp or med pay. Despite the fact that it seems like you would end up receiving a 100% discount, you’re out of luck.

The illustration below compares Kia Sedona annual premium costs with and without discounts applied to the policy rates. The data assumes a male driver, no claims, a clean driving record, North Carolina state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, multi-car, safe-driver, claim-free, and marriage discounts applied.

Larger car insurance companies and some of the discounts include:

• Farm Bureau includes discounts for multi-vehicle, safe driver, driver training, 55 and retired, good student, and youthful driver.
• State Farm discounts include driver’s education, good student, passive restraint, defensive driving training, and Steer Clear safe driver discount.
• Progressive may have discounts that include online quote discount, continuous coverage, multi-policy, homeowner, and online signing.
• Allstate offers discounts including new car, FullPay discount, auto/life discount, anti-lock brakes, and early signing.
• Nationwide may offer discounts for good student, Farm Bureau membership, anti-theft, business or organization, family plan, and multi-policy.
• MetLife has savings for accident-free, claim-free, defensive driver, good student, multi-policy, good driver

If you are trying to find cheaper Raleigh car insurance quotes, ask each company to give you their best rates. A few discounts might not be offered on policies in your state. If you would like to see a list of companies that offer many of these discounts in Raleigh, click here to view.

Don’t give up on affordable rates

Drivers leave their current company for any number of reasons including lack of trust in their agent, poor customer service, extreme rates for teen drivers or even policy non-renewal. No matter why you want to switch, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Lower-priced insurance in Raleigh is definitely available on the web and also from your neighborhood Raleigh agents, so you need to quote Raleigh car insurance with both to get a complete price analysis. Some insurance providers may not provide rates over the internet and most of the time these regional carriers prefer to sell through independent insurance agencies.

When shopping online for insurance, make sure you don’t skimp on critical coverages to save a buck or two. In many cases, drivers have reduced liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase a proper amount of coverage at the lowest possible cost while not skimping on critical coverages.

Helpful information

• Auto Insurance FAQ (Farmers Insurance)
• Who Has Cheap Auto Insurance for Teenage Females in Raleigh? (FAQ)
• How Much is Auto Insurance for a Nissan Altima in Raleigh? (FAQ)
• Who Has Affordable Auto Insurance Rates for a Chevrolet Malibu in Raleigh? (FAQ)
• Who Has the Cheapest Auto Insurance for a Honda Civic in Raleigh? (FAQ)
• Who Has Affordable Auto Insurance Rates for Drivers Over Age 70 in Raleigh? (FAQ)
• Who Has Cheap Auto Insurance Quotes for Uninsured Drivers in Raleigh? (FAQ)
• Vehicle Insurance (Wikipedia)
• How do I File a Claim? (Insurance Information Institute)
• Uninsured Motorist Statistics (Insurance Information Institute)
• Speed and Speed Limit FAQ (iihs.org)