Astonishing but true, most auto insurance customers have bought auto insurance from the same company for at least the last four years, and nearly the majority have never quoted rates to find affordable coverage. With the average auto insurance premium being $2,158, Miami drivers can save about 55% each year just by getting comparison quotes, but most just don’t grasp the big savings they would realize if they moved their coverage to a different company.
Really, the only way to get affordable Kia Sorento insurance in Miami is to start comparing prices yearly from different companies who sell auto insurance in Florida.
First, learn about coverages and the things you can control to keep rates down. Many things that increase rates such as speeding tickets, careless driving and an imperfect credit score can be remedied by making small lifestyle or driving habit changes.
Second, compare prices from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO or State Farm, while agents who are independent can provide rate quotes from multiple sources. Get quotes now
Third, compare the new quotes to your current policy to see if switching to a new carrier will save money. If you find a better price and buy the policy, ensure there is no coverage lapse between policies.
Fourth, notify your current company to cancel your current coverage. Submit the application along with any required down payment to the new company. As soon as coverage is bound, put the certificate of insurance in your vehicle.
One piece of advice is to try to compare the same deductibles and limits on every price quote and and to get rates from as many different companies as possible. This provides a fair price comparison and a complete price analysis.
Seven Tips to Get Lower-cost Miami Insurance Prices
Many factors are considered when you get a price on insurance. Most are fairly basic such as your driving history, but some are less obvious like your continuous coverage or your vehicle rating.
Teen vs. experienced drivers – Inexperience drivers are statistically proven to be inattentive and easily distracted when at the wheel of a vehicle so they pay higher auto insurance rates. Older drivers tend to be more responsible, cost insurance companies less in claims, and usually have better credit.
Low physical damage deductibles can be expensive – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Examples of covered claims are colliding with a building, hitting a deer, and having your car stolen. Comprehensive and collision coverage deductibles define the amount you are willing to pay out-of-pocket before your auto insurance pays a claim. The more expense you choose to pay out-of-pocket, the less money you will pay for auto insurance.
Policy add-ons may be wasting money – Policies have add-on coverages that you can get tricked into buying on your Sorento policy. Add-on coverages like personal injury protection, accidental death, and extra equipment coverage may not be needed and are just wasting money. They may seem good when talking to your agent, but if you have no use for them remove them from your policy.
Gaps in coverage mean higher premiums – Driving without insurance can get you a ticket and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. In addition to paying higher premiums, not being able to provide proof of insurance might get you a revoked license or a big fine.
Gender impacts premiums – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. The data does not necessarily mean that men are worse drivers. Both genders cause accidents in similar percentages, but males tend to have higher claims. Not only that, but men also get more serious tickets such as DWI and reckless driving.
Alarm systems save money – Driving a car that has an advanced theft prevention system can help bring down rates. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping your car from being stolen.
Use but don’t abuse your insurance – If you tend to file frequent claims, don’t be surprised to see increased rates or even have your policy non-renewed. Car insurance companies in Florida generally give discounts to insureds who are not frequent claim filers. Your insurance policy is meant to be used in the event of claims that pose a financial burden.
Kia Sorento claim data – Car insurance companies analyze historical claim data in order to profitably underwrite each model. Models that historically have higher loss trends will have increased rates. The next table shows the insurance loss data for Kia Sorento vehicles.
For each coverage category, the loss probability for all vehicles, as a total average, is equal to 100. Values below 100 represent a good loss history, while values over 100 point to more losses or a tendency for losses to be larger than average.
| Specific Kia Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Sorento 4dr 2WD | 80 | 86 | 82 | 110 | 111 | 94 |
| Kia Sorento 4dr 4WD | 85 | 87 | 101 | 97 | 98 | 85 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Auto insurance policy discounts you can’t miss
Auto insurance companies don’t list every available discount very well, so the below list has a few of the more common as well as some of the hidden credits available to lower your premiums when you buy Miami car insurance online.
- Payment Discounts – By paying your policy upfront rather than paying monthly you can actually save on your bill.
- Discount for Home Ownership – Simply owning a home can earn you a little savings since owning and maintaining a home is proof that your finances are in order.
- Accident Free – Claim-free drivers are rewarded with significantly better rates on Miami car insurance quote when compared with drivers who are more careless.
- Theft Prevention Discount – Vehicles that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
- Waiver for an Accident – This one isn’t a discount, but a handful of insurance companies will turn a blind eye to one accident before hitting you with a surcharge as long as you don’t have any claims before the accident.
- Defensive Driver – Taking time to complete a class that teaches defensive driving techniques could cut 5% off your bill depending on where you live.
- Data Collection Discounts – Policyholders that allow data collection to spy on driving habits by using a telematics device in their vehicle such as State Farm’s In-Drive may see discounts as long as they are good drivers.
- Employee of Federal Government – Having worked for a branch of the government could provide a small rate reduction but check with your company.
You should keep in mind that most discounts do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like you can get free auto insurance, it just doesn’t work that way.
For a list of auto insurance companies with the best Kia Sorento insurance discounts in Miami in Florida, click here.
In conclusion
As you go through the steps to switch your coverage, don’t be tempted to skimp on coverage in order to save money. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible at the best possible price but still have enough coverage for asset protection.
We just presented a lot of ways to find cheap Kia Sorento insurance in Miami. The key concept to understand is the more you quote Miami car insurance, the higher your chance of finding cheaper Miami car insurance quotes. You may even find the most savings is with the least-expected company. These companies may often insure only within specific states and give better rates than the large multi-state companies such as Allstate and Progressive.
Cost effective Kia Sorento insurance is possible on the web in addition to local insurance agencies, and you should compare price quotes from both in order to have the best price selection to choose from. Some auto insurance companies do not provide rate quotes online and most of the time these small insurance companies sell through independent agents.
More learning opportunities
- Event Data Recorders FAQ (iihs.org)
- What Car Insurance is Cheapest for a Ford Explorer in Miami? (FAQ)
- What Auto Insurance is Cheapest for Safe Drivers in Miami? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Chevrolet Silverado in Miami? (FAQ)
- What is Full Coverage? (Allstate)
- How to shop for a safer car (Insurance Institute for Highway Safety)