Buying cheaper coverage for a Kia Optima depends on a fairly complex equation with a lot of factors such as how far you drive to work, the performance level of your vehicle, and any driving offenses on your record. Drivers pay approximately $1,087 annually for Optima insurance, but that is an estimation based upon a 40-year-old married male driver with full physical damage coverage and $500 deductibles.
There’s a high likelihood you’re not a 40-year-old male, maybe you are single instead of married, or maybe you prefer to not insure for full coverage. Having different needs demonstrates why the best method for finding cheap auto insurance rates for your Kia is to do the rate comparisons yourself.
Cheapest Kia Optima Insurance Rates
Your vehicle’s trim level will influence the cost of coverage, so the price you will be charged to insure a Optima LX trim level will be $110 less expensive the price to insure the fancier Optima SX trim level, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rates do not factor in your specific Long Beach location which can revise rates substantially.
How to find a good Long Beach insurance company
Selecting the best insurer can be difficult considering how many different companies sell coverage in Long Beach. The ranking data in the next section can help you select which providers you want to consider when trying to find the cheapest insurance for a Kia Optima.
These ratings are for the largest companies in America, so smaller companies are not included in the list. To view rates from the most competitive companies in California, click this link.
Top 10 Large Auto Insurers Overall in Long Beach
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
Top 10 Large Auto Insurers in Long Beach Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA of Southern California – 92%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
Difference between full coverage and liability only rates
Finding cheaper insurance is the goal of most people, and one of the fastest ways to save on the cost of insurance for a Kia Optima is to not buy full coverage. The example below compares car insurance costs with liability coverage only compared to full coverage. The price estimates are based on no claims or driving citations, $250 deductibles, marital status is single, and no additional discounts are factored in.
As an average, physical damage insurance costs an extra $2,903 per year more than buying just liability insurance. That may make you wonder if full coverage is worth the money. There is no definitive rule that works best for making the decision to drop physical damage coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your vehicle’s book value is $5,500 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would receive is $4,500 after paying the physical damage deductible. If you are paying more than $450 annually for physical damage coverage, then you may need to consider dropping full coverage.
Low rates can quickly become overpriced
Long Beach, CA insurance rates are determined by lots of factors which can substantially change the cost of your policy. Simply improving your credit, becoming a homeowner, or getting a ticket for running a stop sign may generate price changes that can cause some rates to be more affordable than the competition.
Not only may things change on your end, but car insurance companies change premium rates as often as every three months in order to be able to pay unexpected claims. Unexpectedly high claims can cause increased rates, while profitable underwriting may result in more affordable Optima insurance rates.
As an example, the graph below shows the companies that have the cheapest car insurance in Long Beach, CA for a 40-year-old female driver with a good driving record, no prior claims, and a good credit rating. When quoting prices based on her current rating profile, USAA might offer the lowest car insurance rates in Long Beach at $1,362 annually. This is $289 less than the average price paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the remaining top five cheapest Long Beach, CA auto insurance companies.
Now let’s give the driver from the first rate comparison an at-fault accident, poor credit, and a traffic citation. Because each insurer has their own process for establishing rates, analyzing rate quotes may now result in a different ranking of the cheapest companies as shown below.
Grange now has the cheapest rate in Long Beach with Progressive, Allstate, GEICO, and Mercury completing the list. This example demonstrates why it is critical to perform a complete rate comparison when trying to find the cheapest auto insurance rates for a Kia Optima. Insurance rates consist of many risk factors and change dramatically, so the lowest-price company two years ago may now not even be in the top five.
The Long Beach car insurance agencies listed below are a good start to help you determine which policy is best, since some drivers have questions and prefer to get some help when comparing insurance rates for an Optima. It can be challenging to find the cheapest car insurance policy, so agents can give comfort knowing you have adequate coverage when you need it most.
To locate a Long Beach car insurance agency close to where you live, click the button following the list or click here to compare price quotes now.
- Susie Atwood – State Farm Insurance Agent
5624 E 2nd St – Long Beach, CA 90803 – (562) 434-5729
- Joe Lopez Jr – State Farm Insurance Agent
5199 Pacific Coast Hwy Ste 616 – Long Beach, CA 90804 – (562) 597-5547
- Allstate Insurance: Victoria L. Avery
4510 Pacific Coast Hwy #340 – Long Beach, CA 90804 – (562) 597-2371
- Jeff Morgan – State Farm Insurance Agent
4087 Long Beach Blvd – Long Beach, CA 90807 – (562) 595-6969
- C. Diamond Insurance Agency
5538 Long Beach Blvd – Long Beach, CA 90805 – (562) 428-4995
Find a Long Beach, CA insurance agent near you
How to find cheaper auto insurance for a Kia Optima
The list below shows some penny-pinching ideas that can help Long Beach drivers find cheaper auto insurance.
- Safe vehicles cost less to insure
- Buying car and homeowners insurance together can save money
- Try to remain claim-free
- Higher physical damage deductibles lower rates
- Drop full coverage on older vehicles
- Maintaining good credit helps earn cheaper rates
- Compare price quotes at least once a year
The final tip is especially vital, as was noted in the prior article. Coverage rates change constantly, so drivers shouldn’t be reluctant to switch carriers if a cheaper rate is available.
Many drivers tend to have loyalty to a certain company, but is isn’t recommended if that inflexibility results in costing you a lot of money. If you have a few minutes, now is a great time to compare rates to find cheaper car insurance for a Kia Optima in Long Beach.