Scraping up a payment for overpriced Kia Magentis insurance can drain your checking account and force you to prioritize other expenses. Shopping your coverage around is free and is an excellent way to reduce premiums and put more money in your pocket. Lots of insurance companies contend to insure your vehicles, and it can be difficult to compare rates to find the lowest cost out there.
You should make it a habit to take a look at other company’s rates before your policy renews because insurance rates are usually higher with each renewal. Even if you got the best deal for Magentis insurance on your last policy you may be paying too much now. So just forget anything you know (or think you know) about auto insurance because you’re going to learn the quickest way to lower your annual insurance bill.
Do you qualify for a discount?
Car insurance can cost a lot, buy you may qualify for discounts that you may not know about. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be asked about before they will apply. If they aren’t giving you every credit possible, you are paying more than you should be.
- Multiple Vehicles – Buying insurance for multiple vehicles on the same auto insurance policy could earn a price break for each car.
- New Car Discount – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of more than 20%.
- Good Students Pay Less – A discount for being a good student can save 20 to 25%. This discount can apply until age 25.
- Payment Method – By paying your policy upfront instead of making monthly payments you may reduce your total bill.
- Senior Discount – Mature drivers may be able to get reduced rates for Magentis insurance.
- Auto/Home Discount – If you insure your home and vehicles with the same company you may earn 10% to 20% off each policy.
- Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
As a disclaimer on discounts, most discounts do not apply the the whole policy. Most cut the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will bring down the cost of coverage.
For a list of companies with discount auto insurance rates, click this link.
What coverages do I need?
When it comes to buying the best auto insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Each situation is unique so your insurance should reflect that These are some specific questions could help you determine whether your personal situation would benefit from an agent’s advice.
- Am I covered if I crash into my own garage door?
- How do I file an SR-22 for a DUI in my state?
- Can I pay claims out-of-pocket if I buy high deductibles?
- How can I get high-risk coverage after a DUI?
- Do I get a pro-rated refund if I cancel my policy early?
- What should my uninsured motorist coverage limits be in my state?
- Do I need added coverage for expensive stereo equipment?
- Is a new car covered when I drive it off the dealer lot?
- Do I pay less if my vehicle is kept in my garage?
- Is there coverage for injuries to my pets?
If you’re not sure about those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.
Do the work, save more money
Cheaper Kia Magentis insurance can be bought on the web in addition to many insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers do not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.
As you shop your coverage around, make sure you don’t buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped liability limits or collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy a smart amount of coverage at the best price.
