Shocking but true, the vast majority of drivers have bought insurance from the same company for four years or more, and approximately 40% of consumers have never even compared quotes to find affordable rates. Tulsa drivers can save hundreds of dollars each year, but they don’t believe the big savings they would realize if they just switched companies.
To save the most money, the best way to quote cheaper Kia Optima insurance is to regularly compare prices from insurance carriers that insure vehicles in Tulsa.
- First, try to learn about how insurance works and the things you can change to prevent expensive coverage. Many rating criteria that result in higher rates such as accidents, traffic tickets, and a substandard credit history can be remedied by making minor changes to your lifestyle. This article gives instructions to help prevent expensive coverage and get bigger discounts.
- Second, request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from a single company like Progressive or Allstate, while agents who are independent can provide prices from multiple sources.
- Third, compare the new rate quotes to your current policy premium to determine if you can save on Optima insurance. If you can save some money and change companies, make sure coverage does not lapse between policies.
- Fourth, provide adequate notice to your current company of your intention to cancel the current policy and submit payment and a completed application for the new policy. Be sure to put the proof of insurance paperwork in your glove compartment.
One key aspect of rate comparisons is to make sure you enter the same level of coverage on each price quote and and to analyze as many companies as feasibly possible. Doing this provides an accurate price comparison and a complete price analysis.
Buying the cheapest insurance in Tulsa is really quite simple as long as you have a good starting point. If you already have coverage, you stand a good chance to be able to shop for the lowest rates using this strategy. But Oklahoma consumers must understand the way companies price online insurance because it can help you find the best coverage.
Shop Kia Optima insurance online
When looking for affordable Kia Optima insurance quotes, there are a couple ways of comparing rates from companies that offer car insurance in Oklahoma. The fastest way to compare Kia Optima insurance prices is to jump online and get quotes.
Online shopping is fast and free, and it replaces the need to spend time driving to all the different insurance agencies. The ability to buy insurance online has made agencies unnecessary unless you have a need for the extra assistance only provided by licensed agents. You can, however, price shop online but buy from a local insurance agent.
Just keep in mind that comparing more rates from different companies gives you a better chance of getting the best offered rates. Not every company does online Tulsa Optima insurance quotes, so you also need to get quotes from those companies as well.
The providers in the list below are ready to provide free rate quotes in Tulsa, OK. If multiple companies are listed, it’s highly recommended you visit several of them to get the best price comparison.
Lower your insurance rates with discounts
Not too many consumers would say insurance is affordable, but you might be missing out on some discounts to reduce the price significantly. A few discounts will automatically apply when you get a quote, but a few must be inquired about in order for you to get them.
- Service Members Pay Less – Having a family member in the military could qualify you for better insurance rates.
- Pay Early and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can avoid monthly service charges.
- Discounts for Federal Employees – Having worked for a branch of the government may reduce rates when you quote Tulsa auto insurance with a few insurance companies.
- Anti-lock Brake System – Cars with ABS braking systems or traction control are much safer to drive so you can save 10 percent or more.
- Policy Bundle Discount – When you combine your home and auto insurance with the same company you may save over 10 percent off each policy depending on the company.
- Senior Discount – Drivers that qualify as senior citizens can get a discount up to 10%.
- Discounts for Responsible Drivers – Accident-free drivers can save up to 40% or more on their Tulsa auto insurance quote than less cautious drivers.
- Renewal Discounts – A few insurance companies give discounts for buying a new policy before your current Optima insurance policy expires. This discount can save up to 10%.
- Multiple Cars – Insuring all your vehicles on one policy can get a discount for every vehicle.
While discounts sound great, it’s important to understand that many deductions do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy. Any amount of discount will help lower your insurance premiums.
The illustration below illustrates the comparison of Kia Optima insurance costs with and without discounts being applied to the rates. The premiums are based on a male driver, no claims or driving violations, Oklahoma state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, safe-driver, multi-policy, marriage, and claim-free discounts applied.
Companies who might offer some of the above discounts include:
When getting free Tulsa auto insurance quotes, it’s a good idea to all the companies how you can save money. Some discounts might not be offered on policies in your state. If you would like to view insurance companies that offer some of these discounts in Tulsa, click here.
Premium rates and analysis
The rate table shown below covers different insurance costs for Kia Optima models. Being aware of how car insurance premiums are figured is important for making informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Optima LX | $266 | $484 | $476 | $28 | $142 | $1,396 | $116 |
| Optima EX | $302 | $572 | $476 | $28 | $142 | $1,520 | $127 |
| Optima SX | $302 | $572 | $476 | $28 | $142 | $1,520 | $127 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Prices do not factor in specific location which can alter premium rates noticeably.
Policy deductibles
When buying auto insurance, a common question is what deductibles to buy. The tables below can help you visualize the premium difference of buying low and high comp and collision deductibles. The first price estimate table uses a $100 deductible for physical damage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Optima LX | $386 | $698 | $506 | $30 | $152 | $1,797 | $150 |
| Optima EX | $436 | $822 | $506 | $30 | $152 | $1,971 | $164 |
| Optima SX | $436 | $822 | $506 | $30 | $152 | $1,971 | $164 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Optima LX | $282 | $472 | $506 | $30 | $152 | $1,442 | $120 |
| Optima EX | $318 | $554 | $506 | $30 | $152 | $1,560 | $130 |
| Optima SX | $318 | $554 | $506 | $30 | $152 | $1,560 | $130 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Rate information does not factor in specific location which can decrease or increase premiums substantially.
Based on this data, using a $100 deductible will cost you roughly $32 more each month or $384 a year than selecting the higher $500 deductible. Because you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 13 months between claims, you would probably come out ahead if you elect the higher deductible.
Careless drivers pay higher rates
The chart below shows how speeding tickets and at-fault claims can raise Kia Optima insurance prices for each different age group. The costs are based on a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no additional discounts are factored in.
Get rate quotes but buy from a local Tulsa insurance agent
Some people just prefer to buy from a licensed agent and we recommend doing that A good thing about getting free rate quotes online is that you can obtain the best rates and still choose a local agent.
To find an agent, once you fill out this form (opens in new window), your insurance data is immediately sent to local insurance agents that give free quotes for your car insurance coverage. There is no need to even leave your home because prices are sent to you. You can find lower rates without a big time investment. If you have a need to get a price quote from a specific insurance company, you just need to search and find their rate quote page and complete a quote there.
Picking an insurance company requires you to look at more than just a cheap quote. Below are some questions you should ask.
- In the event of vehicle damage, can you pick the collision repair facility?
- How are claims handled?
- Is the agency involved in supporting local community causes?
- What insurance company do they write the most business with?
- How does the company pay claims for a total loss?
If you want to use a local Tulsa insurance agency, there are two different types of agents and how they work. Car insurance policy providers are either independent or exclusive depending on the company they work for.
Exclusive Agents
Agents that elect to be exclusive can only quote rates from one company such as AAA, Allstate, and State Farm. Exclusive agencies are unable to provide prices from multiple companies so they really need to provide good service. They are highly trained on their company’s products and that can be a competitive advantage.
Listed below are Tulsa exclusive insurance agents who can help you get price quotes.
Jonathan Gibson – State Farm Insurance Agent
205 E Pine St #102 – Tulsa, OK 74106 – (918) 382-5717 – View Map
Farmers Insurance: Teresa Sotelo
3309 S Yale Ave – Tulsa, OK 74135 – (918) 627-3855 – View Map
Allstate Insurance: David D’Arcangelo
4502 E 51st St – Tulsa, OK 74135 – (918) 858-5000 – View Map
Independent Insurance Agents
These agents are appointed with more than one company so as a result can place your coverage with lots of companies and help determine which has the cheapest rates. If your premiums go up, your policy is moved internally and that require little work on your part.
If you need cheaper car insurance rates, we recommend you include several independent insurance agents to have the most options to choose from.
Shown below is a short list of independent agencies in Tulsa that can give you comparison quotes.
Louis Blosch Agency
9726 E 42nd St #210 – Tulsa, OK 74146 – (918) 664-7100 – View Map
Jimmie A Neely Insurance
4444 E 66th St – Tulsa, OK 74136 – (918) 494-0600 – View Map
All American Insurance Agency
6145 E 21st St – Tulsa, OK 74114 – (918) 832-8823 – View Map
If you get positive feedback to any questions you may have and affordable Kia Optima insurance rates in Tulsa quotes, you’ve probably found an insurance agent that is a good match to insure your vehicles.
Get Lower-cost Car Insurance with These Tips
Consumers need to have an understanding of some of the factors that help determine the level of your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this enables informed choices that may reward you with big savings.
Shown below are some of the most common factors companies use to determine prices.
- Too many insurance claims will drive car insurance rates up – If you file a lot of claims you should expect higher rates. Car insurance companies in Oklahoma award most affordable rates to insureds who do not rely on their insurance for small claims. Auto insurance is designed for claims that pose a financial burden.
- Drive less and save – The higher the mileage driven in a year the more it will cost to insure it. Most insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Cars that do not get driven very much cost less to insure than those used for commuting. Having an incorrect usage rating on your Optima may be wasting your money. Verify your vehicle rating is showing how each vehicle is driven.
- Combine home and auto and save – The majority of insurance companies give better rates to insureds who consolidate policies with them in the form of a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even if you qualify for this discount already, it’s in your best interest to compare other company rates to help ensure you have the lowest rates.
- Lower rates with alarm systems – Owning a car that has a built-in theft deterrent system can help lower your rates. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft.
- Higher coverage deductibles cost less – Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your Kia. Examples of some claims that would be covered are a broken side mirror, damage caused by hail, and burglary. Comprehensive and collision coverage deductibles tell how much you are willing to pay out-of-pocket if a claim is determined to be covered. The more of the claim you’re willing to pay, the less your car insurance will be.
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High performance vehicles cost more to insure – The type of vehicle you are buying insurance for makes a significant difference in your car insurance bill. The most favorable rates will normally be found when insuring low performance passenger cars, but your final cost has many other factors.
The following chart uses these variables: single male driver age 40, full coverage with $250 deductibles, and no discounts or violations. It compares Kia Optima insurance premiums compared to other models that have different risk factors.
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Kia Optima claim data – Insurers analyze the history of losses in order to profitably underwrite each model. Vehicles that the statistics show to have higher number or severity of losses will have higher premium rates. The table below illustrates the collected loss data for Kia Optima vehicles.
For each coverage type, the claim probability for all vehicles, as an average, is equal to 100. Values that are below 100 imply a favorable loss record, while values over 100 indicate more frequent losses or a tendency for claims to be larger.
Car Insurance Loss Data for Kia Optima Models Vehicle Make and 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 BETTERAVERAGEWORSEData Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Insuring your Kia vehicle just makes sense
Despite the high insurance cost for a Kia Optima in Tulsa, buying auto insurance may be mandatory for several reasons.
- Most states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability in order to get the vehicle licensed. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a lien on your Optima, most lenders will require that you have comprehensive coverage to protect their interest in the vehicle. If you do not keep the policy in force, the lender may have to buy a policy to insure your Kia for a lot more money and make you pay for it.
- Insurance protects both your assets and your car. Insurance will also pay for medical bills for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay for a defense attorney if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will cover the repair costs.
The benefits of insuring your Optima outweigh the cost, especially with large liability claims. According to a survey of 1,000 drivers, the average driver overpays more than $750 every year so you should quote rates each time the policy renews to ensure rates are inline.
Quote. Compare. Save.
When shopping online for insurance, never buy poor coverage just to save money. Too many times, drivers have reduced physical damage coverage and found out when filing a claim that the few dollars in savings costed them thousands. Your aim should be to purchase plenty of coverage at the best price while not skimping on critical coverages.
Discount Kia Optima insurance in Tulsa is available online and from local agencies, so you should be comparing quotes from both to have the best rate selection. Some insurance companies don’t offer online price quotes and usually these smaller companies provide coverage only through independent insurance agents.
We just presented a lot of information how to shop for Kia Optima insurance online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding the cheapest Kia Optima rate quotes. You may even find the biggest savings come from some of the lesser-known companies. Regional companies can often provide lower premium rates in certain areas as compared to the big name companies such as Progressive or GEICO.
Additional insurance information can be found on the following sites:
- Liability Insurance Coverage (Nationwide)
- Who Has Affordable Car Insurance Quotes for a Subaru Outback in Tulsa? (FAQ)
- What Auto Insurance is Cheapest for Drivers Over Age 50 in Tulsa? (FAQ)
- What Car Insurance is Cheapest for Drivers Under 25 in Tulsa? (FAQ)
- How Much is Auto Insurance for College Students in Tulsa? (FAQ)
- Vehicle Insurance in the U.S. (Wikipedia)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)