Would you like to stop wasting money and find more affordable Kia Rio insurance in Honolulu? Feel like you have overpriced Kia Rio insurance in Honolulu? Trust us, you’re not the only one.
It’s well known that insurance companies don’t want you to look at other companies. Insureds who shop around annually will presumably switch auto insurance companies because there is a great chance of finding a policy with more affordable rates. A recent survey found that people who compared rates regularly saved as much as $850 each year compared to drivers who never compared rates.
If finding budget-friendly rates on auto insurance in Honolulu is your ultimate target, then learning a little about how to quote and compare cheaper coverage can make it easier to shop your coverage around.
How to buy affordable Kia Rio insurance in Honolulu
Truthfully, the best way to get low-cost Kia Rio insurance in Honolulu is to do an annual price comparison from insurers who can sell car insurance in Hawaii.
First, read about how insurance companies determine prices and the factors you can control to keep rates down. Many risk factors that drive up the price like your driving record and poor credit history can be amended by making minor changes to your lifestyle.
Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from one company like GEICO and Allstate, while agents who are independent can quote prices from multiple sources.
Third, compare the price quotes to the price on your current policy to determine if you can save on Rio insurance. If you find a lower rate quote and change companies, make sure coverage is continuous and does not lapse.
Fourth, provide notification to your current agent or company of your decision to cancel your current car insurance policy. Submit the completed application along with a down payment to the newly selected company. Don’t forget to keep the new certificate verifying proof of insurance in your vehicle’s glove compartment or console.
A key point to remember is to compare the same physical damage deductibles and liability limits on each price quote and and to get quotes from every company you can. Doing this helps ensure a level playing field and the most accurate and complete price analysis.
Multiple car insurance companies compete for your business, so it’s not easy to compare every insurance company to find the cheapest price on Kia Rio insurance in Honolulu.
If you have a policy now or want to find a cheaper company, you can use these techniques to buy cheaper insurance and possibly find even better coverage. Locating the best insurance company for you in Honolulu can be much easier if you know how to start. Comparison shoppers just need to know the quickest way to shop their coverage around on the web.
Affordable rates on Kia Rio insurance in Honolulu with these auto insurance discounts
Car insurance companies don’t always advertise every discount they offer very clearly, so we break down both well-publicized as well as the least known discounts you could be receiving when you buy Honolulu car insurance online. If you do not check that you are getting every discount available, it’s possible you qualify for a lower rate.
- Discounts for Responsible Drivers – Drivers without accidents can pay as much as 50% less as compared to drivers with claims.
- Theft Deterrent System – Cars equipped with anti-theft or alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
- Multi-Vehicle Discounts – Buying insurance for primary and secondary vehicles with the same auto insurance company qualifies for this discount.
- Senior Citizen Discount – Drivers over the age of 55 could receive better auto insurance rates.
- Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted premium rate on car insurance if you buy life insurance.
Don’t be shocked that most of the big mark downs will not be given to the entire policy premium. Most only cut the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, you aren’t that lucky.
The illustration below illustrates the difference between Kia Rio insurance prices with and without discounts applied to the policy rates. Data assumes a female driver, no driving violations, no at-fault accidents, Hawaii state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-car, safe-driver, marriage, and multi-policy discounts applied.
The best auto insurance companies and a selection of discounts are detailed below.
- GEICO offers discounts for daytime running lights, military active duty, air bags, defensive driver, good student, and multi-policy.
- Travelers policyholders can earn discounts including save driver, student away at school, new car, multi-car, and continuous insurance.
- Nationwide offers discounts including accident-free, defensive driving, easy pay, Farm Bureau membership, multi-policy, business or organization, and good student.
- Farmers Insurance has savings for electronic funds transfer, early shopping, business and professional, homeowner, youthful driver, and bundle discounts.
- Esurance may have discounts that include renters, online shopper, multi-policy, defensive driver, good student, Switch & Save, and Pac-12 alumni.
- State Farm has discounts for Steer Clear safe driver discount, passive restraint, multiple autos, anti-theft, good driver, student away at school, and driver’s education.
- Progressive may include discounts for multi-policy, multi-vehicle, good student, online signing, homeowner, continuous coverage, and online quote discount.
- Mercury Insurance may offer discounts for good student, professional/association, good driver, anti-theft, multi-policy, and ease of repair.
It’s a good idea to ask every company how you can save money. All car insurance discounts might not be offered in every state. To see a list of insurers who offer online Kia Rio insurance quotes in Hawaii, click here to view.
Most of the larger companies such as Allstate, GEICO and Progressive allow you to get prices on the web. Getting quotes for Kia Rio insurance in Honolulu doesn’t take much effort as you simply enter the amount of coverage you want as requested by the quote form. Upon sending the form, the company’s rating system sends out for your credit score and driving record and gives you a price quote. Being able to quote online for Kia Rio insurance in Honolulu makes it simple to compare prices and it is important to get many rate quotes if you are searching for the most affordable premium.
To find out what other companies charge, consider comparing rates from the companies shown below. If you have coverage now, it’s recommended you input deductibles and limits exactly as shown on your declarations page. This ensures you’re receiving an apples-to-apples comparison using the same coverage and limits.
The companies in the list below provide free rate quotes in Hawaii. If multiple companies are shown, we suggest you visit two to three different companies in order to find the cheapest rates.
Rates and other information
The information below showcases different insurance premium costs for Kia Rio models. Learning more about how insurance premiums are calculated can be of help when making decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $94 | $224 | $338 | $20 | $102 | $778 | $65 |
| Rio LX | $94 | $224 | $338 | $20 | $102 | $778 | $65 |
| Rio SX | $108 | $264 | $338 | $20 | $102 | $832 | $69 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can impact coverage rates significantly.
Insurance deductibles
One common question asked by Honolulu drivers is what deductibles to buy. The comparisons below show the costs and benefits between high and low physical damage deductibles. The first set of prices uses a $100 physical damage deductible and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $198 | $412 | $300 | $18 | $90 | $1,043 | $87 |
| Rio LX | $198 | $412 | $300 | $18 | $90 | $1,043 | $87 |
| Rio SX | $228 | $484 | $300 | $18 | $90 | $1,145 | $95 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rio | $110 | $216 | $300 | $18 | $90 | $734 | $61 |
| Rio LX | $110 | $216 | $300 | $18 | $90 | $734 | $61 |
| Rio SX | $126 | $256 | $300 | $18 | $90 | $790 | $66 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Information does not factor in Honolulu location which can raise or lower premiums noticeably.
Based on this data, using a $100 deductible costs approximately $27 more each month or $324 every year than choosing the higher $1,000 deductible. Because you would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 33 months between claim filings, you would save more money going with the higher deductible.
The information below illustrates how your choice of deductibles and can impact Kia Rio annual premium costs for different insured age categories. Data assumes a married male driver, comp and collision included, and no policy discounts are applied.
Poor driving habits will raise your insurance rates
The diagram below shows how violations and at-fault fender-benders can influence Kia Rio insurance costs for each age group. The costs are based on a married female driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
Full coverage rates vs. liability-only in Honolulu
The diagram below compares Kia Rio insurance costs with full coverage compared to only the Hawaii minimum liability coverage. The costs are based on no claims or driving citations, $1,000 deductibles, single status, and no policy discounts are applied.
When to switch to liability coverage only
There isn’t a written rule for dropping full coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s assume your Kia Rio claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $6,000 after paying the physical damage deductible. If it’s costing in excess of $600 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are some circumstances where removing full coverage is not a good idea. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not buy liability only.
Good Decisions Result in Lower Insurance Prices
Many things are part of the calculation when you get a price on insurance. Some are obvious such as your driving history, but other factors are more obscure such as your credit history or your commute time. A large part of saving on car insurance is knowing some of the elements that help calculate the price you pay for car insurance. If you have a feel for what determines premiums, this enables you to make decisions that will entitle you to lower car insurance prices.
Pay more out-of-pocket – Physical damage deductibles state the amount of money you are required to spend if a covered claim is submitted. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered could be colliding with a stationary object, collision with a deer, and damage from wind. The more the insured is willing to pay, the less your company will charge you for insurance.
What type of car do you drive? – The make and model of the car or truck you need insurance for makes a significant difference in how high your rates are. The cheapest rates will normally be found when insuring lower performance four cylinder passenger cars, but the final cost of insurance is determined by many other factors.
The data below is based on a single male driver age 30, full coverage with $500 deductibles, and no discounts or violations. It illustrates Kia Rio rates compared to other makes and models that have different performance risks.
Your liability insurance limits – Your car insurance policy’s liability coverage is the coverage that protects you if you are determined to be liable for an accident. Your liability coverage provides legal defense coverage which can cost a lot. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
Your gender affects premiums – Over the last 50 years, statistics have shown females are less aggressive when driving. However, this does not mean males are worse at driving than females. Males and females cause accidents in similar numbers, but the males have accidents that have higher claims. In addition to higher claims, males also receive more costly citations like DWI (DUI) or reckless driving. Male drivers age 16 to 19 cause the most accidents so they pay the highest premiums.
The information below visualizes the comparison of Kia Rio annual premium costs for male and female drivers. Data assumes no violations or accidents, comp and collision included, $250 deductibles, drivers are not married, and no policy discounts are applied.
Your vocation can affect rates – Did you know your job can affect your rates? Jobs such as judges, architects, and emergency personnel have higher rates than average due to job stress and lots of time spent away from family. On the flip side, jobs such as farmers, students and homemakers have the lowest average rates.
Alarms and GPS tracking lower premiums – Purchasing a vehicle with an alarm system can get you a discount on your car insurance. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.
Youthful drivers are expensive to insure – Teenage drivers in Hawaii have been known to get distracted easily when at the wheel of a vehicle so they pay higher car insurance rates. Having to add a young driver onto a policy can be quite pricey. Older drivers are proven to be safer behind the wheel, tend to file fewer claims, and are generally more financially stable.
The chart below uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
Save money by having responsible credit – Having a bad credit score factor in determining what you pay for car insurance. If your credit score is lower than you’d like, you could be paying less to insure your Kia Rio by taking the time to improve your credit score. Drivers with high credit ratings tend to file fewer claims than drivers who have bad credit.
Kia Rio insurance claim data – Companies analyze past claim statistics to help set a rate to offset losses. Models that the data determines to have higher frequency or amount of claims will cost more for specific coverages. The next table shows the insurance loss data used by companies for Kia Rio vehicles.
For each insurance policy coverage type, the statistical loss for all vehicles, without regard to make or model, is equal to 100. Numbers shown that are under 100 represent a good loss history, while numbers that are greater than 100 indicate frequent claims or an increased chance of larger losses than average.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Rio | 90 | 109 | 81 | 141 | 158 | 127 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Do I need a local insurance agent?
A small number of people prefer to get professional advice from a licensed agent and that is just fine! Experienced insurance agents can help you choose the best coverages and help submit paperwork. An additional benefit of getting online price quotes is you may find cheap rate quotes but still work with a licensed agent. And providing support for local agents is especially important in Honolulu.
After completing this quick form, your insurance data is immediately sent to companies in Honolulu who will gladly provide quotes for your auto insurance coverage. There is no need to leave your house because quoted prices will be sent to your email. In the event you want to quote rates for a specific company, you would need to jump over to their website to submit a rate quote request.
Choosing the best provider needs to be determined by more than just the bottom line cost. These are some questions your agent should answer.
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- What will you get paid if your car is a total loss? How is that amount determined?
- Does the agency have a positive business rating?
- How much training do they have in personal risk management?
- Which companies can they place coverage with?
- Is the agent CPCU or CIC certified?
- Who is covered by the car insurance policy?
Three reasons car insurance is important
Despite the high cost of buying insurance for a Kia Rio in Honolulu, maintaining insurance is not optional due to several reasons.
First, the majority of states have minimum liability requirements which means state laws require a specific level of liability if you want to drive legally. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your car, most lenders will force you to have insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the bank may insure your Kia at a more expensive rate and force you to reimburse them for it.
Third, car insurance preserves both your car and your assets. It also can pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of carrying adequate insurance are without a doubt worth the cost, especially when you need to use it. On average, a vehicle owner in Honolulu overpays more than $850 per year so compare rate quotes each time the policy renews to make sure the price is not too high.
Final considerations
The cheapest Kia Rio insurance in Honolulu can be bought from both online companies and with local Honolulu insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance companies may not offer internet price quotes and most of the time these regional carriers only sell coverage through independent agents.
In this article, we covered some good ideas how to find cheap Kia Rio insurance in Honolulu. The key concept to understand is the more rate quotes you have, the better likelihood of getting cheaper Honolulu car insurance quotes. Drivers may even discover the lowest priced auto insurance comes from some of the smallest insurance companies. Regional companies may often insure only within specific states and give better rates than the large multi-state companies such as Progressive and GEICO.
How to find better rates for Kia Rio insurance in Honolulu
It takes a few minutes, but the best way to get the cheapest auto insurance rates in Honolulu is to regularly compare prices from different companies in Hawaii.
- Step 1: Try to understand individual coverages and the measures you can take to keep rates low. Many rating factors that increase rates such as your driving record and a less-than-favorable credit score can be rectified by making small lifestyle or driving habit changes.
- Step 2: Get rate quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Farmers Insurance, while independent agents can provide prices for a wide range of companies. Find a Honolulu insurance agent
- Step 3: Compare the new rate quotes to your current policy premium and determine if cheaper Rio coverage is available in Honolulu. If you can save money and make a switch, make sure there is no lapse in coverage.
- Step 4: Give notification to your current company to cancel your current coverage. Submit a completed application and payment to the new company. Make sure you safely store the proof of insurance certificate in your vehicle’s glove compartment or console.
A tip to remember is to compare similar coverage information on each quote request and and to get price quotes from all possible companies. Doing this provides a fair rate comparison and the best rate selection.
More tips and info about auto insurance can be read in these articles:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Who Has the Cheapest Honolulu Auto Insurance for Handicapped Drivers? (FAQ)
- How Much are Car Insurance Quotes for a Dodge Ram in Honolulu? (FAQ)
- Who Has Affordable Auto Insurance for a School Permit in Honolulu? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Postal Workers in Honolulu? (FAQ)
- Who Has the Cheapest Honolulu Auto Insurance Quotes for Ride Shares? (FAQ)
- Think You’re a Safe Driver? (State Farm)
- Teen Driving Statistics (iihs.org)