Best Kia Forte Insurance in Lincoln

Discount Kia Forte insuranceThe best way we recommend to find the cheapest price for Kia Forte insurance in Lincoln is to start doing a yearly price comparison from insurance carriers who provide car insurance in Nebraska.

An essential thing to point out is to compare similar deductibles and liability limits on every quote and and to get prices from all possible companies. This provides a fair price comparison and the best price selection.

It’s an obvious assumption that auto insurance companies don’t want their customers to go rate shopping. Drivers who shop around for cheaper price quotes are inclined to buy a different policy because the odds are good of finding a lower-cost company. A study discovered that consumers who shopped around annually saved on average $3,400 over four years compared to those who never shopped around for lower prices.

If finding low prices for insurance is why you’re here, then having an understanding of the best ways to find and compare coverages can make it easier for you to save money.

If you have a current auto insurance policy, you should be able to get lower rates using the concepts covered in this article. Locating the most cost-effective auto insurance policy in Lincoln can really be easy if you know what you’re doing. But Nebraska vehicle owners should learn the methods companies use to market on the web and apply this information to your search.

When quoting car insurance, remember that comparing more quotes helps increase your odds of locating better pricing. Some companies don’t provide rate quotes online, so it’s important to also get quotes from them as well.

The companies shown below are our best choices to provide price comparisons in Nebraska. If you want the cheapest car insurance in Lincoln, NE, we recommend you click on several of them in order to find the most affordable rates.

Insurance data for a Kia Forte

The coverage information below outlines detailed analysis of insurance prices for Kia Forte models. Understanding how insurance quotes are formulated can help you make smart choices when purchasing an insurance policy.

Kia Forte Insurance Rates in Lincoln, NE
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Forte LX 4-Dr Sedan $234 $352 $308 $18 $92 $1,004 $84
Forte EX 4-Dr Sedan $234 $352 $308 $18 $92 $1,004 $84
Forte SX 4-Dr Sedan $264 $428 $308 $18 $92 $1,110 $93
Forte EX 2-Dr Coupe $264 $506 $348 $20 $104 $1,242 $104
Forte SX 2-Dr Coupe $264 $506 $348 $20 $104 $1,242 $104
Get Your Own Custom Quote Go

Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Rate quotes do not factor in specific location information which can decrease or increase prices noticeably.

Rate comparison for different deductibles

One of the most common insurance questions is how high should the physical damage deductibles be. The data tables below can help you visualize the differences in price between low and high deductibles. The first data table uses a $100 deductible and the second rate table uses a $1,000 deductible.

Kia Forte insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Forte LX 4-Dr Sedan $258 $382 $300 $18 $90 $1,073 $89
Forte EX 4-Dr Sedan $258 $382 $300 $18 $90 $1,073 $89
Forte SX 4-Dr Sedan $292 $466 $300 $18 $90 $1,191 $99
Forte EX 2-Dr Coupe $292 $548 $338 $20 $102 $1,325 $110
Forte SX 2-Dr Coupe $292 $548 $338 $20 $102 $1,325 $110
Get Your Own Custom Quote Go

Kia Forte insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Forte LX 4-Dr Sedan $144 $202 $300 $18 $90 $754 $63
Forte EX 4-Dr Sedan $144 $202 $300 $18 $90 $754 $63
Forte SX 4-Dr Sedan $162 $246 $300 $18 $90 $816 $68
Forte EX 2-Dr Coupe $162 $290 $338 $20 $102 $912 $76
Forte SX 2-Dr Coupe $162 $290 $338 $20 $102 $912 $76
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rates do not factor in garaging location in Lincoln which can change coverage rates significantly.

Based on the above data, using a $100 deductible will cost in the ballpark of $30 more each month or $360 each year than choosing the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 30 months between claims, you would most likely save money if you elect the higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $100 deductibles: $99
Average monthly premium for $1,000 deductibles (subtract): – $69
Monthly savings from raising deductible: $30
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 30 months

An important thing to remember is that raising deductibles to get cheaper rates means you will have to pay more of your own money when you have a comprehensive or collision claim. You should have a higher level of savings in order to pay the deductible.

The diagram below shows how different deductible levels and can impact Kia Forte insurance costs for each age group. Data assumes a married male driver, comp and collision included, and no discounts are applied.

Responsible drivers pay cheaper insurance rates

The illustration below illustrates how speeding tickets and at-fault collisions can increase Kia Forte insurance prices for different age groups of insureds. The rates are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.

Cost comparison with and without full coverage

The chart below illustrates the difference between Kia Forte insurance rates with full coverage and liability only. The data assumes no claims or violations, $500 deductibles, drivers are single, and no discounts are taken into consideration.

When to drop comp and collision

There is no exact rule to exclude full coverage, but there is a general guideline you can use. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Kia Forte book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $8,000 after paying the physical damage deductible. If it’s costing you more than $800 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are a few cases where only buying liability is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.

What Affects Kia Forte Insurance Premiums?

Many things are part of the equation when you get your auto insurance bill. Some of the criteria are obvious such as traffic violations, but other criteria are less apparent such as your credit history or your financial responsibility.

The factors shown below are some of the most common factors auto insurance companies consider when setting your rates.

Protect your Kia Forte and other assets

Despite the high cost of buying insurance for a Kia Forte in Lincoln, insuring your vehicle may be required and benefits you in several ways.

The benefits of buying enough insurance are without a doubt worth the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver overpays more than $830 a year so you should quote rates every year to ensure rates are competitive.