Locating cheaper insurance for your Kia Rio in Florida can turn out to be a painful process, but you can learn a few tricks and make it easy.
There are more efficient ways to compare auto insurance rates so you’re going to learn the absolute fastest way to quote coverages for a new or used Kia and find the cheapest rates from both online companies and Orlando agents.
It’s smart to price shop coverage every six months due to the fact that insurance prices fluctuate regularly. Just because you had the lowest rate on Kia Rio insurance in Orlando at your last renewal you can probably find a lower rate today. There is too much inaccurate information about Rio insurance out there, but I’m going to show you some of the best techniques to lower your auto insurance bill.
The majority of larger companies allow consumers to get prices for coverage online. Comparing Kia Rio insurance rates online is fairly simple because it’s just a matter of typing in your personal and coverage information into the form. Once entered, their quoting system orders your credit score and driving record and returns pricing information based on these and other factors.
This makes it easy to compare insurance prices and it’s necessary to get many rate quotes in order to find lower-cost rates.
In order to get comparison pricing now, take a look at the companies shown below. If you have your current policy handy, we recommend you enter the coverages identical to your current policy. Doing this assures you will have comparison quotes based on identical coverages.
The following companies can provide free rate quotes in Florida. If you want the best car insurance in Orlando, we suggest you compare several of them to get the cheapest price.
Insurance coverage details
The data table below outlines different insurance costs for Kia Rio models. Learning how insurance prices are figured can be useful when making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $242 | $532 | $494 | $30 | $148 | $1,446 | $121 |
| Rio LX | $242 | $532 | $494 | $30 | $148 | $1,446 | $121 |
| Rio SX | $278 | $628 | $494 | $30 | $148 | $1,578 | $132 |
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Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Price estimates do not factor in vehicle garaging location which can impact premium rates greatly.
Policy deductible comparison
When comparing auto insurance rates, the most common question is where to set your physical damage deductibles. The tables below approximate the differences in premium rates when you choose different insurance deductibles. The first rate quote example uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $280 | $544 | $472 | $28 | $142 | $1,491 | $124 |
| Rio LX | $280 | $544 | $472 | $28 | $142 | $1,491 | $124 |
| Rio SX | $322 | $640 | $472 | $28 | $142 | $1,629 | $136 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $174 | $342 | $472 | $28 | $142 | $1,158 | $97 |
| Rio LX | $174 | $342 | $472 | $28 | $142 | $1,158 | $97 |
| Rio SX | $200 | $402 | $472 | $28 | $142 | $1,244 | $104 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Price information does not factor in the specific area where the vehicle is garaged which can affect coverage rates significantly.
Using the data above, we can ascertain that using a $250 deductible could cost the average driver approximately $29 more each month or $348 annually than selecting the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at least 26 months between claims, you would probably come out ahead if you choose a higher deductible.
The example below shows how different deductible levels and can impact Kia Rio insurance costs for different age groups of insureds. The rates are based on a married female driver, full coverage, and no discounts are applied to the premium.
Cost difference between full coverage and liability
The diagram below shows the difference between Kia Rio auto insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no accidents or driving violations, $100 deductibles, single marital status, and no additional discounts are factored in.
When to drop full coverage
There isn’t a steadfast formula of when to stop paying for physical damage coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is about 10% or more of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s say your Kia Rio settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would receive is $8,000 after paying the physical damage deductible. If premium cost is more than $800 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.
There are some cases where dropping physical damage coverage is not advised. If you still owe money on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not drop full coverage.
Lower rates by qualifying for discounts
Auto insurance companies do not advertise the entire discount list very well, so we break down a few of the more well known and the more hidden discounts that may be available.
- E-sign Discounts – Some auto insurance companies will discount your bill up to fifty bucks simply for signing digitally online.
- 55 and Retired – Mature drivers may receive reduced rates.
- Drivers Education – Have your child successfully complete driver’s ed class in school.
- Fewer Miles Equal More Savings – Driving fewer miles may enable drivers to earn lower premium rates on the low mileage vehicles.
- Passive Restraint Discount – Options like air bags or motorized seat belts can receive discounts of 25 to 30%.
- Data Collection Discounts – Drivers that enable driving data collection to track when and where they use their vehicle by using a telematic data system like Allstate’s Drivewise could possibly reduce rates if they show good driving skills.
Discounts lower rates, but most discount credits are not given to the whole policy. Most only reduce specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, it doesn’t quite work that way.
The chart below visualizes the comparison of Kia Rio auto insurance rates with and without discounts being applied to the rates. The premiums are based on a female driver, no claims or driving violations, Florida state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, multi-policy, marriage, and multi-car discounts applied.
A partial list of companies that may offer quotes with these money-saving discounts include:
Before purchasing a policy, check with each company or agent which discounts you qualify for. Some of the earlier mentioned discounts might not be offered everywhere. If you would like to choose from a list of insurers that offer multiple discounts in Florida, click here to view.
Three reasons insurance is important
Despite the high cost of buying insurance for a Kia Rio in Orlando, maintaining insurance may be required for several reasons.
- The majority of states have minimum liability requirements which means you are required to carry specific minimum amounts of liability coverage if you want to drive legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your vehicle has a loan, it’s most likely the lender will have a requirement that you have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Kia at a more expensive rate and force you to pay a much higher amount than you were paying before.
- Insurance protects both your vehicle and your assets. It will also cover many types of medical costs for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also covers legal expenses if you are named as a defendant in an auto accident. If your Kia gets damaged, your policy will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance are without a doubt worth the cost, particularly when you have a large claim. But the average driver in Florida is overpaying more than $825 a year so you should quote your policy with other companies at least once a year to make sure the price is not too high.
Best car insurance in Florida
Choosing the best car insurance company can be difficult considering how many companies there are in Florida. The company information shown next could help you analyze which providers to look at shopping prices with.
Top 10 Orlando Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Orlando Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Don’t I need to have guidance from an agent?
A lot of people just prefer to visit with an insurance agent and doing so can bring peace of mind Professional insurance agents are trained risk managers and will help you if you have claims. A good thing about getting free rate quotes online is the fact that drivers can get the lowest rates and still have a local agent. Buying from local agents is important particularly in Orlando.
After filling out this simple form, the quote information is transmitted to agents in your area that provide free Orlando auto insurance quotes to get your business. It simplifies rate comparisons since you won’t have to do any legwork since price quotes are sent to you instantly. If you have a need to get a rate quote from a specific company, don’t hesitate to visit that company’s website and give them your coverage information.
If you’re trying to find a reliable insurance agent, it’s helpful to know the different agency structures that differ in how they can insure your vehicles. Insurance agencies in Orlando are considered either independent or exclusive. Either type can sell affordable auto insurance policies, but it’s important to know the subtle differences because it can factor into the kind of agent you use.
Independent Agents (or Brokers)
Independent agents are not required to write business for one company so they have the ability to put coverage with lots of companies depending on which coverage is best. If premiums increase, they simply move the coverage in-house which makes it simple for you. If you are comparing rate quotes, it’s recommended you get several quotes from at a minimum one independent agency in order to have the best price comparison. They also have the ability to place coverage with companies you’ve never heard of that may have much lower rates than larger companies.
Featured below is a short list of independent agents in Orlando that can give you free rate quotes.
- MacLeish Insurance
634 Virginia Dr – Orlando, FL 32803 – (407) 647-8000 – View Map - Brightway Insurance, The Ourso Agency
4100 Edgewater Dr – Orlando, FL 32804 – (407) 901-0040 – View Map - Risk Transfer Insurance Agency
219 E Livingston St – Orlando, FL 32801 – (407) 481-9363 – View Map
Exclusive Agencies
Agents of this type can usually just insure with one company like State Farm, AAA, Farmers Insurance or Allstate. These agents are not able to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive agents are well schooled on their products and sales techniques which helps overcome the inability to quote other rates. Some consumers prefer to use the same exclusive agent partially due to the brand rather than low rates.
Below are exclusive insurance agents in Orlando that are able to give price quotes.
- Lorenzo Hayward – State Farm Insurance Agent
5218 W Colonial Dr – Orlando, FL 32808 – (407) 299-4642 – View Map - Michael Moore – State Farm Insurance Agent
9161 Narcoossee Rd Ste 207 – Orlando, FL 32827 – (407) 208-9930 – View Map - Curtis Hunter – State Farm Insurance Agent
3354 Curry Ford Rd – Orlando, FL 32806 – (407) 898-0061 – View Map
Deciding on an auto insurance agent shouldn’t rely on just the premium amount. Any good agent in Orlando should know the answers to these questions.
- How many years of experience in personal auto insurance do they have?
- Do they see any coverage gaps in your plan?
- Do they review policy coverages at every renewal?
- How is replacement cost determined on your vehicle?
- Is there a 24/7 contact number?
- Do you qualify for any additional discounts?
- Can they give you a list of client referrals?