Looking for cheaper Kia Optima Plug-In Hybrid insurance in Chicago? Finding the cheapest insurance for a new or used Kia Optima Plug-In Hybrid in Illinois could be a lot of work, but you can use these tips to find lower rates.
There is a better way to compare car insurance rates and we’ll show you the proper way to price shop coverage for a Kia and locate the cheapest rates from Chicago insurance agents and online providers.
Buy Chicago Kia Optima Plug-In Hybrid insurance online
The auto insurance companies shown below can provide price quotes in Illinois. If several companies are displayed, it’s a good idea that you visit two to three different companies to get the best price comparison.
Affordable rates on Kia Optima Plug-In Hybrid insurance in Chicago with these ten car insurance discounts
Companies don’t necessarily list all their discounts very well, so the list below details both well-publicized as well as some of the hidden credits that you can use to lower your rates.
- Discount for Home Ownership – Just owning your own home may earn you a small savings because of the fact that having a home is proof of financial responsibility.
- Anti-lock Brake System – Vehicles equipped with ABS or steering control are safer to drive so you can save 10 percent or more.
- Pay Upfront and Save – By making one initial payment instead of monthly or quarterly installments you may have a lower total premium amount.
- Distant Student – Any of your kids who are enrolled in a college that is more than 100 miles from Chicago and leave their car at home could qualify for this discount.
- Paperless Signup – Some companies will give a small break for buying your policy on the internet.
- Multiple Cars – Buying coverage for primary and secondary vehicles on the same car insurance policy can get a discount on all vehicles.
- Use Seat Belts – Drivers who always wear seat belts and also require passengers to wear their seat belts can save 10% or more off the PIP or medical payment premium.
- Theft Deterrent – Anti-theft and alarm system equipped vehicles help deter theft and therefore earn up to a 10% discount.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems could see savings of 20% or more.
- Discount for Life Insurance – If the company offers life insurance, you could get a discount if you purchase life insurance.
As a sidenote, many deductions do not apply to the entire policy premium. Most only apply to individual premiums such as comprehensive or collision. Despite the appearance that all those discounts means the company will pay you, it just doesn’t work that way. Any amount of discount will reduce the amount you have to pay.
Large car insurance companies and some of the premium reductions they offer are shown below.
- Travelers offers discounts including continuous insurance, home ownership, new car, multi-policy, and student away at school.
- 21st Century may include discounts for theft prevention, good student, air bags, teen driver, student driver, and defensive driver.
- State Farm offers discounts for good student, defensive driving training, anti-theft, student away at school, passive restraint, accident-free, and good driver.
- GEICO may offer discounts for anti-theft, seat belt use, air bags, military active duty, anti-lock brakes, and multi-policy.
- SAFECO may have discounts that include anti-lock brakes, anti-theft, teen safe driver, multi-car, accident prevention training, and bundle discounts.
- AAA offers premium reductions for education and occupation, anti-theft, good student, AAA membership discount, good driver, and multi-policy.
It’s a good idea to ask every company what discounts are available to you. Some discounts may not apply to policyholders in every state. If you would like to view providers who offer free Kia Optima Plug-In Hybrid insurance quotes in Illinois, click here.
When to have guidance from an agent
Certain consumers just want to buy from a licensed agent and that is not a bad decision Agents can point out coverage gaps and help submit paperwork. A good thing about price shopping on the web is that you can obtain the best rates and still have an agent to talk to. Buying from and supporting neighborhood agents is important especially in Chicago.
After completing this quick form, the coverage information is submitted to participating agents in Chicago who will give competitive quotes for your insurance coverage. There is no need to find an agent due to the fact that quote results will go instantly to you. If you wish to get a price quote from a specific company, feel free to navigate to their website and complete a quote there.
If you are searching for a reputable insurance agent or broker, it’s important to understand the different types of agencies and how they function. Auto insurance agents in Chicago are considered either independent agents or exclusive agents. Both types of agents can do a good job, but it’s a good idea to understand the difference in the companies they write for since it can affect the type of agent you choose.
Independent Agents (or Brokers)
Independent agencies do not write with just one company so they have the ability to put coverage with many different companies and help determine which has the cheapest rates. If they quote lower rates, your agent can switch companies and you don’t have to do anything. If you are comparing rate quotes, you absolutely need to contact several independent agencies for the best price selection. Many independent agencies also insure through companies you’ve never heard of who may have lower rates.
Below is a partial list of independent agencies in Chicago that can possibly get you comparison quotes.
- Eagle Insurance Agency
3517 N Spaulding Ave – Chicago, IL 60618 – (773) 463-7576 – View Map
- Riehn Insurance
4541 N Lincoln Ave – Chicago, IL 60625 – (773) 561-4200 – View Map
- Amigo Insurance Agency
5902 W Fullerton Ave – Chicago, IL 60639 – (877) 999-2644 – View Map
Agents of this type have only one company to place business with like State Farm, Allstate and AAA. Exclusive agents cannot compare rates from other companies so they are skilled at selling on more than just price. Exclusive agencies receive a lot of sales training on their products and sales techniques which helps offset the inability to provide other markets. Some consumers prefer to choose to use an exclusive agent mainly due to the brand name rather than low rates.
Shown below are exclusive agents in Chicago that can give you price quotes.
- Mark Mackey – State Farm Insurance Agent
3338 W Foster Ave – Chicago, IL 60625 – (773) 604-4334 – View Map
- Tamika Echols – State Farm Insurance Agent
1611 N Clybourn Ave – Chicago, IL 60614 – (312) 944-9700 – View Map
- Linda Kuczka – State Farm Insurance Agent
954 W Webster Ave – Chicago, IL 60614 – (773) 975-9111 – View Map
Picking the best auto insurance agent should depend on more than just a cheap price quote. Here are some questions to ask:
- Do they specialize in personal lines coverage in Chicago?
- Are there any discounts for paying up front?
- Can you get a list of referrals?
- Do they prorate repair cost based on vehicle mileage?
- Is there a Errors and Omissions policy in force?
What is the best insurance coverage?
When it comes to buying coverage online or from an agent for your vehicles, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.
For instance, these questions may help you determine whether you could use an agent’s help.
- I have health insurance so do I need medical payments coverage?
- Are my company tools covered if they get stolen?
- Does low annual mileage earn a discount?
- What does medical payments coverage do?
- Can I get a multi-policy discount?
- How can I get my company to pay me more for my totalled car?
- Do I have coverage if my license is suspended?
- Do I have newly-aquired coverage?
If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and may give you better protection.
Auto insurance 101
Understanding the coverages of your insurance policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.
Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Kia Optima Plug-In Hybrid.
Due to the fact that many Illinois drivers only purchase the least amount of liability that is required (20/40/15 in Illinois), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Comprehensive (Other than Collision) – This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like falling objects, a broken windshield and theft. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Liability auto insurance – This can cover damage or injury you incur to other’s property or people that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 20/40/15 that means you have $20,000 bodily injury coverage, $40,000 for the entire accident, and a total limit of $15,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.
Liability insurance covers claims such as bail bonds, repair costs for stationary objects and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible. Illinois state minimum liability requirements are 20/40/15 but you should consider buying higher limits.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like EMT expenses, chiropractic care and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Collision – This covers damage to your Optima Plug-In Hybrid caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like crashing into a ditch, hitting a parking meter and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible on your Optima Plug-In Hybrid in order to get cheaper collision rates.
One last thing about your coverage
Consumers who switch companies do it for a number of reasons such as an unsatisfactory settlement offer, high prices, denial of a claim and even delays in paying claims. Regardless of your reason for switching companies, choosing a new company is pretty simple and you could end up saving a buck or two.
Low-cost Kia Optima Plug-In Hybrid insurance in Chicago is attainable online and with local Chicago insurance agents, so you should be comparing quotes from both to have the best rate selection. A few companies do not offer internet price quotes and usually these small, regional companies only sell coverage through independent agents.
When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. There are a lot of situations where drivers have reduced collision coverage only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy a smart amount of coverage at the best price.
More tips and info about insurance is available in these articles:
- How to Avoid Common Accidents (State Farm)
- How Much are Chicago Auto Insurance Quotes for Used Cars? (FAQ)
- Who Has Affordable Car Insurance for a Kia Optima in Chicago? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Welfare Recipients in Chicago? (FAQ)
- What is the Best Car Insurance in Chicago, IL? (FAQ)
- How Much are Auto Insurance Quotes for Seniors in Chicago? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Police Officers in Chicago? (FAQ)
- Preventing Carjacking and Theft (Insurance Information Institute)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)