How to Compare Colorado Springs Kia Sedona Insurance

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Insurance rates Kia Sedona in Colorado SpringsIf your goal is the lowest price, then the best way to quote cheaper Kia Sedona insurance is to compare quotes annually from providers in Colorado Springs.

  • First, gain an understanding of individual coverages and the things you can control to keep rates low. Many risk factors that cause rate increases like speeding and a not-so-good credit score can be eliminated by improving your driving habits or financial responsibility.
  • Second, request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agencies can provide price quotes for a wide range of companies. View a list of agents
  • Third, compare the quotes to the price on your current policy to see if cheaper Sedona coverage is available. If you find a lower rate quote, verify that coverage does not lapse between policies.

The most important part of shopping around is that you'll want to compare the same liability limits and deductibles on every quote and and to get prices from as many companies as feasibly possible. This helps ensure a fair rate comparison and and a good selection of different prices.

It's hard to fathom, but almost 70% of insureds kept buying from the same company for more than four years, and approximately 38% of consumers have never even compared quotes to find affordable rates. Many consumers in Colorado can save hundreds of dollars each year, but they think it's difficult to find affordable rates by getting comparison quotes.

If you have a current insurance policy or are looking for a new policy, follow these tips to reduce premiums without reducing protection. Quoting and comparing the most affordable insurance coverage in Colorado Springs is not as confusing as people think. Consumers only need an understanding of the most efficient way to get comparison rates from multiple carriers.

How much is Kia Sedona insurance in Colorado Springs?

Most of the larger companies provide prices online. This process can be done by anyone as you just type in the amount of coverage you want as detailed in the form. When complete, the quote system will obtain your credit score and driving record and returns a price quote based on the information you submitted.

Quoting online for Kia Sedona insurance in Colorado Springs makes it a lot easier to compare rates and it's necessary to compare as many rates as possible in order to find a lower rate.

To get comparison pricing now, consider comparing rates from the companies shown below. If you have a policy now, it's recommended you replicate the coverages as shown on your current policy. This makes sure you will get a price comparison based on similar coverages.

The companies shown below have been selected to offer free quotes in Colorado Springs, CO. If you want to find the best cheap car insurance in CO, we suggest you click on several of them to find the cheapest auto insurance rates.

Rate information and statistics

The coverage table shown next highlights a range of insurance prices for Kia Sedona models. Having a good grasp of how car insurance premiums are determined is important to be able to make smart buying decisions.

Kia Sedona Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sedona $152 $218 $308 $18 $92 $788 $66
Sedona LX $152 $264 $308 $18 $92 $834 $70
Sedona EX $172 $264 $308 $18 $92 $854 $71
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Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Premium costs do not factor in specific Colorado Springs garaging location which can modify prices greatly.

Rate comparison for different deductibles

When shopping for auto insurance, a common question is at what level do you set your deductibles. The premium rates below approximate the rate difference when you select higher and lower deductibles. The first rate comparisons uses a $250 physical damage deductible and the second price grid uses a $500 deductible.

Kia Sedona insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sedona $272 $376 $298 $18 $90 $1,079 $90
Sedona LX $272 $458 $298 $18 $90 $1,161 $97
Sedona EX $306 $458 $298 $18 $90 $1,195 $100
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Kia Sedona insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sedona $220 $304 $298 $18 $90 $930 $78
Sedona LX $220 $368 $298 $18 $90 $994 $83
Sedona EX $250 $368 $298 $18 $90 $1,024 $85
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Information does not factor in specific Colorado Springs garaging location which can influence auto insurance rates significantly.

Based on the above data, using a $250 deductible costs approximately $14 more each month or $168 for a full year across all Kia Sedona models than opting for the higher $500 deductible. Because you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you have more than 18 months between claims, you would save money if you choose the higher deductible.

The information below shows how choosing a deductible and can impact Kia Sedona premium costs for different age categories. The price estimates are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.

Violations and accidents raise rates

The example below demonstrates how traffic citations and accident claims can raise Kia Sedona premium costs for different age groups. The information is based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.

Auto insurance rates based on gender

The chart below illustrates the difference between Kia Sedona insurance premiums for male and female drivers. The price estimates are based on no claims or violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no additional discounts are factored in.

Does it make sense to buy full coverage?

The illustration below illustrates the difference between Kia Sedona yearly insurance costs with full physical damage coverage and with liability coverage only. The premiums are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no discounts are taken into consideration.

When to buy liability coverage only

There is no specific rule of when to stop paying for full coverage on your policy, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let's assume your Kia Sedona settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after paying your policy deductible. If you are paying over $200 a year to have full coverage, then you may need to consider dropping full coverage.

There are a few cases where only buying liability is not a good idea. If you still owe a portion of the original loan, you have to keep full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage.

Car insurance is not optional

Even though Colorado Springs Sedona insurance rates can get expensive, buying car insurance serves several important purposes.

First, just about all states have minimum mandated liability insurance limits which means you are required to carry a minimum amount of liability protection if you drive a vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if your Kia Sedona has a lienholder, almost every bank will stipulate that you buy insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank may buy a policy for your Kia at a more expensive rate and force you to reimburse them the higher premium.

Third, insurance safeguards both your assets and your vehicle. It will also pay for most medical and hospital costs for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If you have damage to your Kia as the result of the weather or an accident, comprehensive and collision coverage will cover the repair costs.

The benefits of insuring your Sedona greatly outweigh the cost, specifically if you ever have a liability claim. Unknowingly, the average driver overpays more than $800 each year so you should quote and compare rates at every renewal to be sure current rates are still competitive.

Colorado Springs Insurance Premiums are Influenced by These Factors

Lots of things are considered when pricing auto insurance. Some of the criteria are obvious such as traffic violations, but others are more obscure like your continuous coverage or how safe your car is. One of the most helpful ways to save on insurance is to to have a grasp of some of the factors that help calculate your premiums. When you know what positively or negatively controls the rates you pay, this empowers consumers to make smart changes that will entitle you to lower insurance prices.

Keep policy claims to a minimum - Auto insurance companies in Colorado generally give discounts to people that do not abuse their auto insurance. If you file a lot of claims you can expect either higher rates or even cancellation. Your insurance policy is intended to be relied upon for claims that pose a financial burden.

Higher physical damage deductibles are cheaper - Physical damage protection, also called 'full coverage', helps pay for damage to your vehicle. Some instances where coverage would apply would be colliding with a building, vandalism, or theft. Physical damage deductibles are the amount of money you are required to pay if a covered claim is submitted. The more money you are required to pay out-of-pocket, the less your insurance will be.

Bundle policies and save - Most major insurers afford discounts to buyers who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to comparison shop to help ensure you have the lowest rates.

Poor credit score equals high costs - Having a bad credit history factor in calculating your premium rate. Therefore, if your credit score can use some improvement, you could pay less to insure your Kia Sedona by improving your credit score. Drivers with excellent credit tend to be better risks to insure than drivers who have poor credit scores.

Rental and towing coverage may not be needed - There are a lot of add-on coverages that may not really be needed when buying insurance. Insurance for things like vanishing deductibles, better glass coverage, and extra life insurance coverage are probably not needed. You may think they are a good idea when buying your policy, but now you might not need them so think about removing them and cutting costs.

Better rates on safer vehicles - Vehicles with high crash test scores tend to be cheaper to insure. These vehicles help reduce the chance of injuries in an accident and fewer serious injuries translates directly to fewer claims and cheaper rates on your policy.

Single drivers take more risk - Getting married helps lower the price on your insurance policy. Marriage generally demonstrates drivers are more responsible it has been statistically shown that married couples file fewer claims.

Kia Sedona insurance loss probability - Insurers factor in insurance loss information to help calculate a profitable premium rate. Models that the data shows to have a trend towards higher claims will have a higher premium rate. The next table illustrates the collected loss data for Kia Sedona vehicles.

For each policy coverage, the claim probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Percentage values below 100 indicate better than average losses, while percentage values above 100 indicate frequent claims or statistically larger losses.

Kia Sedona Insurance Claim Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Kia Sedona 102 64 96 116
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Auto insurance company ratings

Selecting the best car insurance provider can be rather challenging considering how many choices you have in Colorado. The ranking data shown next could help you analyze which providers to look at putting your business with.

Top 10 Colorado Springs Car Insurance Companies Ranked by Customer Service

  1. State Farm
  2. GEICO
  3. The Hartford
  4. Mercury Insurance
  5. Progressive
  6. The General
  7. Allstate
  8. AAA Insurance
  9. American Family
  10. Nationwide

Top 10 Colorado Springs Car Insurance Companies by A.M. Best Rank

  1. USAA - A++
  2. Travelers - A++
  3. State Farm - A++
  4. GEICO - A++
  5. Esurance - A+
  6. Nationwide - A+
  7. Allstate - A+
  8. Mercury Insurance - A+
  9. Progressive - A+
  10. Titan Insurance - A+

Car insurance savings summarized

Low-cost Kia Sedona insurance in Colorado Springs can be found online in addition to many Colorado Springs insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies do not provide online rate quotes and most of the time these small insurance companies work with independent agencies.

Consumers switch companies for a variety of reasons including questionable increases in premium, lack of trust in their agent, policy cancellation and policy non-renewal. It doesn't matter what your reason, finding a great new company is pretty easy and you might even save some money in the process.

We just presented many ways to save on Kia Sedona insurance in Colorado Springs. The key thing to remember is the more rate comparisons you have, the better chance you'll have of finding low cost Colorado Springs car insurance quotes. You may even discover the most savings is with some of the lesser-known companies.

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