Save Money on Kia Sedona Insurance in Honolulu

Really, the only way to find cheaper quotes for Kia Sedona insurance in Honolulu is to do an annual price comparison from companies that insure vehicles in Hawaii.

1. Spend a few minutes and learn about how companies price auto insurance and the measures you can control to prevent expensive coverage. Many factors that are responsible for high rates like at-fault accidents, careless driving, and poor credit history can be rectified by paying attention to minor details.
2. Quote rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agencies can provide price quotes for many different companies.
3. Compare the new rates to your existing policy and determine if cheaper Sedona coverage is available. If you can save money, make sure coverage is continuous and does not lapse.
4. Provide notification to your current company to cancel your current coverage and submit payment and a signed application to the new insurer. Once the paperwork is finalized, safely store the certificate verifying coverage with your vehicle’s registration.

One thing to point out is to make sure you enter similar limits and deductibles on each quote request and and to get price estimates from every company you can. Doing this ensures an apples-to-apples comparison and the best price selection.

We don’t have to tell you that insurance companies don’t want customers comparing rates. Insureds who shop around for cheaper prices will presumably switch companies because there is a great chance of finding a cheaper policy. A recent survey found that consumers who make a habit of shopping around saved about $3,400 over four years compared to policyholders who never compared prices.

If finding the cheapest price on auto insurance in Honolulu is your ultimate goal, learning the best way to shop and compare insurance rates can make shopping around easier.

Find Cheap Insurance with These Tips

Lots of factors are used in the calculation when pricing auto insurance. A few of the factors are predictable like a motor vehicle report, although others are more transparent such as whether you are married or your financial responsibility.

Shown below are most of the major factors used by your company to calculate your rates.

• Marriage is a bonus – Having a wife or husband may cut your premiums on insurance. It generally demonstrates drivers are more financially stable and it’s statistically proven that drivers who are married file infrequent claims.
• You may save more by consolidating policies – Most larger insurance companies give better rates for people who consolidate policies with them such as combining an auto and homeowners policy. Discounts can be ten or even fifteen percent. Even though this discount sounds good, consumers should still compare other Honolulu Sedona insurance rates to help ensure you have the lowest rates. It’s possible to still find lower rates by buying from different companies

• Gender matters – Over the last 50 years, statistics have shown women are more cautious behind the wheel. This data doesn’t prove that women are BETTER drivers than men. Females and males tend to get into at-fault accidents in similar percentages, but the males get into accidents with more damage. Men also tend to have more aggressive citations like reckless driving and DUI.

  The chart below shows the comparison of Kia Sedona insurance rates for male and female drivers. Data assumes no tickets, no at-fault accidents, comp and collision included, $1,000 deductibles, single status, and no discounts are factored in.

• Type of car, truck or SUV determines base premiums – The type of car you are insuring makes a substantial difference in your car insurance bill. Lower cost passenger models generally receive the lowest base rates, but other factors influence the final cost greatly.

  The next chart assumes a single male driver age 50, full coverage with $250 deductibles, and no discounts or violations. It illustrates Kia Sedona insurance premiums compared to other makes and models that have a range of performances.

• Insurance losses for a Kia Sedona – Companies include the past claim history for a vehicle to determine a rate that will be profitable for them. Vehicles that have a trend towards higher claims will have increased rates. The table below illustrates the insurance loss data for Kia Sedona vehicles.

  For each type of coverage, the claim probability for all vehicles averaged together equals 100. Percentages below 100 suggest a positive loss record, while numbers above 100 indicate higher probability of having a loss or an increased probability of a larger loss.

  
  

  Insurance Loss Ratings for Kia Sedona Vehicles

  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
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Kia Sedona insurance rates and statistics

The data table shown next highlights detailed analysis of rate quotes for Kia Sedona models. Learning as much as possible about how insurance prices are figured can help you make smart choices when buying a policy.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Information does not factor in zip code location which can affect price quotes significantly.

Policy deductible comparison

When buying auto insurance, a common question is how low should you set your deductibles. The comparison tables below may help to conceptualize the differences in premium rates when you select higher and lower physical damage coverage deductibles. The first data table uses a $250 deductible for comp and collision and the second data table uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Price information does not factor in your specific Honolulu location which can decrease or increase insurance rates substantially.

Based on the data above, we can derive that using a $250 deductible costs roughly $10 more each month or $120 annually averaged for all Sedona models than buying the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally go more than 25 months between claim filings, you would probably be better off if you choose the higher deductible.

The diagram below demonstrates how deductible levels and can influence Kia Sedona insurance prices for different age categories. The premiums are based on a married male driver, full coverage, and no discounts are applied.

Do you qualify for discounts?

Companies that sell car insurance don’t list every discount available very well, so we researched both the well known as well as some of the hidden auto insurance savings. If you’re not getting every credit available, you are paying more than you should be.

• Drivers Education – Reduce the cost of insurance for teen drivers by having them participate in a local driver’s education class in school.
• No Claims – Honolulu drivers who stay claim-free pay much less when compared to drivers with a long claim history.
• Discount for New Cars – Insuring a vehicle that is new can cost up to 25% less since newer vehicles have better safety ratings.
• Renewal Discounts – A few auto insurance companies offer discounts for signing up prior to your current Sedona insurance policy expiring. It’s a savings of about 10%.
• Telematics Data Discounts – Drivers who elect to allow their company to scrutinize where and when they drive by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if their driving habits are good.

Please keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only cut specific coverage prices like liability and collision coverage. Despite the fact that it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

The information below compares Kia Sedona premium costs with and without discounts applied. The data assumes a male driver, no claims or driving violations, Hawaii state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, homeowner, multi-car, and multi-policy discounts applied.

Auto insurance companies that may include these discounts include:

• State Farm
• GEICO
• SAFECO
• Farmers Insurance
• AAA
• USAA

It’s a good idea to ask all companies you are considering the best way to save money. Some discounts might not apply in Honolulu. For a list of auto insurance companies who offer online Kia Sedona insurance quotes in Honolulu, click this link.

Cheap coverage is out there

Low-cost Kia Sedona insurance in Honolulu can be purchased both online as well as from independent agents in Honolulu, and you should compare rates from both in order to have the best price selection to choose from. Some insurance providers do not provide online price quotes and usually these regional carriers only sell coverage through independent agents.

While you’re price shopping online, never reduce needed coverages to save money. There are many occasions where an insured cut physical damage coverage and found out when filing a claim that it was a big mistake. The aim is to buy a smart amount of coverage at a price you can afford but still have enough coverage for asset protection.

Additional information is located at these links:

• Drunk Driving Statistics (Insurance Information Institute)
• Who Has Affordable Car Insurance for Low Mileage Drivers in Honolulu? (FAQ)
• What Car Insurance is Cheapest for Uninsured Drivers in Honolulu? (FAQ)
• Who Has the Cheapest Honolulu Auto Insurance for 18 Year Olds? (FAQ)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
• What Does No-Fault Insurance Cover? (Allstate)
• Safe Vehicles for Teens (iihs.org)
• Understanding Limits and Deductibles (Allstate)