Want to learn a better way to compare lower-priced Kia Rio insurance in Aurora? Finding the cheapest insurance for a new or used Kia Rio in Colorado can turn out to be a painful process, but you can follow a few tricks and make it easy. There is a right way and a wrong way to shop for car insurance and we’ll show you the best way to price shop coverage for a new or used Kia and locate the lowest price.
It’s a good habit to do price comparisons quite often since prices are usually higher with each renewal. Just because you found the best rates on Kia Rio insurance in Aurora on your last policy you may be paying too much now. Forget anything you know (or think you know) about car insurance because you’re about to learn the things you must know in order to find lower rates on car insurance.
Cheap Kia insurance price quotes in Aurora
The companies shown below are our best choices to provide price comparisons in Aurora, CO. If you want the best car insurance in Colorado, it’s highly recommended you visit as many as you can to get the best price comparison.
Premium rates and analysis
The price information displayed next outlines detailed analysis of prices for Kia Rio models. Understanding more about how auto insurance policy rates are figured can help you make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $114 | $244 | $382 | $22 | $114 | $876 | $73 |
| Rio LX | $114 | $244 | $382 | $22 | $114 | $876 | $73 |
| Rio SX | $130 | $288 | $382 | $22 | $114 | $936 | $78 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in Aurora location which can decrease or increase rates greatly.
Should you raise deductibles?
One of the more difficult decisions when buying insurance is how high should the physical damage coverage deductibles be. The following insurance rates outline how much more you’ll pay between high and low insurance deductibles. The first rate table uses a $100 deductible for comp and collision and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $264 | $546 | $396 | $24 | $118 | $1,373 | $114 |
| Rio LX | $264 | $546 | $396 | $24 | $118 | $1,373 | $114 |
| Rio SX | $302 | $644 | $396 | $24 | $118 | $1,509 | $126 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $146 | $288 | $396 | $24 | $118 | $972 | $81 |
| Rio LX | $146 | $288 | $396 | $24 | $118 | $972 | $81 |
| Rio SX | $168 | $340 | $396 | $24 | $118 | $1,046 | $87 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Estimates do not factor in specific Aurora garaging location which can raise or lower auto insurance rates substantially.
Based on the data above, we can derive that using a $100 deductible costs an average of $35 more each month or $420 a year than quoting the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 26 months between claims, you would probably come out ahead if you choose a higher deductible. Below is an example of how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $118 |
| Average monthly premium for $1,000 deductibles (subtract): | – $83 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 26 months |
One important note is that a higher deductible means you will have to pay more out-of-pocket when you have a claim. That will force you to have a higher level of savings in the event you need to pay the higher deductible.
Impact of citations and accidents on insurance rates
The diagram below illustrates how speeding tickets and accidents raise Kia Rio insurance rates for different age groups. The rates are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.
Kia Rio insurance premiums by gender in Aurora
The information below compares Kia Rio annual premium costs for male and female drivers. The information is based on no claims, a clean driving record, full coverage, $500 deductibles, drivers are not married, and no policy discounts are applied.
Informed Drivers Know How to Find Auto Insurance Cheaper
It’s important that you understand the different types of things that aid in calculating the rates you pay for auto insurance. If you understand what determines premiums, this helps enable you to make changes that will entitle you to lower premium levels. Many factors are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious like your driving record, although some other factors are not as apparent such as your marital status or your financial responsibility.
Shown below are some of the most common factors used by your company to calculate rates.
Improve your credit score – A driver’s credit history can be an important factor in determining what you pay. Drivers who have high credit ratings tend to be more responsible and file fewer claims than those with lower credit ratings. So if your credit history leaves room for improvement, you could be paying less to insure your Kia Rio by improving your rating.
Don’t skimp on liability insurance – Liability insurance is the coverage that protects you when you are found liable for causing damage or personal injury in an accident. This coverage provides you with a defense in court to defend your case. Liability is cheap compared to other policy coverages, so buy as much as you can afford.
Qualify for multi-policy discounts – Most insurance companies give a discount to customers that buy multiple policies, otherwise known as a multi-policy discount. Discounts can be 10 percent or more. Even if you qualify for this discount already, you still need to compare Kia Rio rates in Aurora to confirm you are receiving the best rates possible.
Drive less and get lower premiums – The higher the miles on your Kia in a year’s time the more you’ll pay to insure it. Most insurance companies rate vehicles based on how the vehicle is used. Cars that do not get driven very much can get a lower rate than cars that get driven a lot. A policy that improperly rates your Rio can result in significantly higher rates. Make sure your auto insurance policy reflects the proper vehicle usage.
No auto insurance claims equals better prices – If you file a lot of claims don’t be surprised to see either higher rates or even cancellation. Car insurance companies in Colorado award lower rates to drivers who only file infrequent claims. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Does your vocation cost you more? – Occupations such as fire fighters, social workers, and emergency personnel generally pay higher premium rates because of high stress and long work hours. Other careers such as professors, students and homemakers receive lower rates.
Kia Rio insurance loss probability – Insurers include the past claim trends for vehicles to help determine the rate you pay. Vehicles that the data determines to have a trend towards higher claims will have higher rates for specific coverages. The table below outlines the actual insurance loss data for Kia Rio vehicles.
For each coverage type, the statistical loss for all vehicles, as a total average, equals 100. Values under 100 suggest a positive loss record, while percentage values above 100 indicate frequent claims or a tendency for losses to be larger than average.
| Specific Kia Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Rio | 90 | 109 | 81 | 141 | 158 | 127 |
Statistics from IIHS.org for 2013-2015 Model Years
Discount Aurora insurance quotes
Insurance can be prohibitively expensive, but you may qualify for discounts that you may not even be aware of. Certain discounts will be applied when you quote, but some must be inquired about prior to getting the savings. If they aren’t giving you every credit available, you are just wasting money.
- One Accident Forgiven – Not a discount per se, but some companies like Liberty Mutual, Allstate and State Farm will let one accident slide without raising rates with the catch being you have to be claim-free for a specific time period.
- Telematics Data – Aurora drivers who agree to allow their insurance company to look at their driving habits by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they are good drivers.
- Defensive Driving Course – Passing a class that teaches defensive driving techniques could save 5% or more and easily pay for the cost of the class.
- Homeowners Savings – Simply owning a home may trigger a policy discount on insurance since home ownership is proof of financial responsibility.
- Multiple Vehicles – Drivers who insure all your vehicles with one company can get a discount for every vehicle.
- Discount for Passive Restraints – Factory options such as air bags and/or automatic seat belt systems can qualify for discounts of 20 to 30 percent.
Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most cut individual premiums such as liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, that’s just not realistic.
The chart below shows the comparison of Kia Rio insurance rates with and without discounts applied to the policy premium. The data is based on a female driver, no accidents, no driving violations, Colorado state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, claim-free, homeowner, multi-car, and multi-policy discounts applied.
If you would like to view companies that can offer you the previously mentioned discounts in Aurora, click this link.
Shop online but buy locally
A lot of people would rather visit with an insurance agent. Experienced insurance agents are highly skilled in risk management and help file insurance claims. The biggest benefit of comparing auto insurance online is that you can obtain lower rates and still buy from a local agent.
By using this simple form, the quote information is submitted to insurance agents in Aurora who want to provide quotes to get your business. You won’t need to leave your computer due to the fact that quote results will go to you. If you have a need to get a price quote from a particular provider, just search and find their rate quote page to submit a rate quote request.
Finding the right insurance company is decision based upon more than just a cheap price. These are valid questions to ask:
- What is their Better Business Bureau rating?
- Does the company have a local claim office in Aurora?
- How much training do they have in personal risk management?
- Does the agent help file claims?
- Do they offer claims assistance after hours?
- Are there any extra charges for paying monthly?
Different types of Aurora auto insurance agents
If you prefer to buy auto insurance from a reliable agent, it’s helpful to know the different types of agencies and how they differ in how they quote coverages. Auto insurance agents in Aurora are categorized either exclusive agents or independent agents. Both types of agents can do a good job, but it’s a good idea to understand why they differ because it can impact your selection of an agent.
Exclusive Insurance Agents
Agents that choose to be exclusive normally can only provide a single company’s rates and examples are Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents cannot provide prices from multiple companies so you need to shop around if the rates are high. Exclusive insurance agents are trained well on their products and sales techniques which aids in selling service over price. Some consumers prefer to buy insurance from these agents mainly due to the brand legacy and solid financial strength.
The following is a list of exclusive agents in Aurora that are able to give price quote information.
- Allstate Insurance: Bernard Demichelis
15062 E Mississippi Ave – Aurora, CO 80012 – (303) 750-5555 – View Map - Allstate Insurance: Norma Contreras
4272 S Chambers Rd – Aurora, CO 80014 – (303) 699-3327 – View Map - Jody Roberts – State Farm Insurance Agent
15260 E Hampden Ave – Aurora, CO 80014 – (303) 693-1650 – View Map
Independent Agencies or Brokers
Agents in the independent channel can sell policies from many different companies and that enables them to quote your coverage amongst many companies and find the cheapest auto insurance rates. To transfer your coverage to a different company, an independent agent can move your coverage and the insured can keep the same agent. When searching for an agent, we highly recommend that you compare prices from a few independent agents to get the best comparison. Many write coverage with smaller regional carriers that may have much lower rates than larger companies.
Below is a list of independent insurance agents in Aurora that can give you rate quotes.
- Premier Insurance
2241 S Peoria St # 202 – Aurora, CO 80014 – (303) 337-3600 – View Map - A Complete Auto Insurance Agency
543 Sable Blvd – Aurora, CO 80011 – (303) 650-0060 – View Map - All Drivers Insurance
12142 E Mississippi Ave – Aurora, CO 80012 – (303) 695-1000 – View Map
Upon getting good feedback and an acceptable price quote, you’ve probably found a car insurance agent that will properly service your auto insurance policy. It’s important to know that you have the power to cancel a policy when you choose so don’t think you are locked into a policy for any length of time.
There’s no such thing as the perfect car insurance policy
Keep in mind that when it comes to choosing the right insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different.
For instance, these questions could help you determine if your insurance needs might need professional guidance.
- Am I insured when driving a different vehicle?
- Am I covered if I have no license?
- Is coverage enough to protect my assets?
- I don’t drive much so do I pay less?
- When does my teenage driver need to be added to my policy?
- Are rental cars covered under my policy?
- Is my dog or cat covered if injured in an accident?
If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and may give you better protection.
Smart consumers save more
Drivers change insurance companies for a variety of reasons including being labeled a high risk driver, poor customer service, not issuing a premium refund or delays in paying claims. Regardless of your reason, choosing a new company is not as difficult as it may seem.
The cheapest Kia Rio insurance in Aurora can be sourced both online as well as from independent agents in Aurora, and you should be comparing both to get a complete price analysis. There are still a few companies who do not offer internet price quotes and usually these regional insurance providers only sell through independent insurance agents.
When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. There have been many cases where an insured cut collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal is to get the best coverage possible at a price you can afford, but do not sacrifice coverage to save money.
Steps to quoting cheaper Kia Rio insurance in Aurora
The best way we recommend to get budget Kia Rio insurance is to start comparing rates regularly from different companies in Aurora. You can compare rates by following these steps.
- Take a few minutes and learn about how insurance works and the measures you can control to keep rates down. Many things that drive up the price such as traffic citations, accidents, and an imperfect credit score can be rectified by improving your driving habits or financial responsibility.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from one company like GEICO or State Farm, while independent agencies can give you price quotes from multiple companies.
- Compare the new quotes to your current policy premium to see if a cheaper price is available in Aurora. If you find a lower rate quote and switch companies, make sure there is no lapse in coverage.
- Notify your company or agent to cancel your current car insurance policy. Submit the completed application along with a down payment to the new insurer. As soon as coverage is bound, keep your new certificate of insurance in your vehicle.
The most important part of shopping around is to try to compare identical coverages on every quote and and to compare as many car insurance companies as possible. Doing this ensures a fair rate comparison and and a good selection of different prices.
Other resources
- Cellphones, Texting and Driving (iihs.org)
- Who Has Cheap Car Insurance Quotes for Young Drivers in Aurora? (FAQ)
- Who Has Affordable Car Insurance for Drivers with a DUI in Aurora? (FAQ)
- Who Has the Cheapest Car Insurance for a Chevrolet Equinox in Aurora? (FAQ)
- Insuring a Leased Car (Insurance Information Institute)
- Senior Drivers (Insurance Information Institute)
- Auto Insurance 101 (About.com)