Auto Insurance Rates for a Kia Rio in Dallas

The best way we recommend to get low-cost Kia Rio insurance is to start comparing rates regularly from providers who can sell car insurance in Dallas. Rates can be compared by following these steps.

The most important part of shopping around is to use similar deductibles and liability limits on every quote request and and to analyze as many auto insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and a good representation of prices.

Discount Kia Rio insuranceSmart shoppers know that insurance companies don’t want you quoting rates from other companies. Drivers who get comparison quotes once a year are likely to switch to a new company because there are good odds of finding a more affordable policy premium. A study discovered that consumers who faithfully checked for cheaper rates saved approximately $865 a year compared to people who never shopped around for lower prices.

If finding the cheapest price on insurance is your goal, learning the best ways to shop for insurance rates can help simplify the process.

To get inexpensive Dallas car insurance quotes, there a variety of ways of comparing rates from lots of Texas insurance companies. The easiest way to comparison shop is to use the internet to compare rates.

When quoting insurance, remember that quoting more will increase your chances of finding more affordable insurance.

The providers in the list below can provide comparison quotes in Dallas, TX. If multiple companies are listed, we suggest you compare several of them in order to find the cheapest rates.

Rates and detailed analysis

The rate table displayed below outlines different insurance coverage prices for Kia Rio models. Learning how insurance prices are established can be of help when making decisions on the best policy to buy.

Kia Rio Insurance Rates in Dallas, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $274 $670 $560 $34 $168 $1,706 $142
Rio LX $274 $670 $560 $34 $168 $1,706 $142
Rio SX $314 $788 $560 $34 $168 $1,864 $155
Get Your Own Custom Quote Go

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Price information does not factor in specific Dallas garaging location which can change price quotes greatly.

Raise deductibles and save

One of the most common car insurance questions is how high should your deductibles be. The rates shown below can help show the premium difference when you select higher and lower insurance deductibles. The first pricing table uses a $250 deductible for physical damage and the second rate chart uses a $500 deductible.

Kia Rio insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $256 $496 $430 $26 $128 $1,361 $113
Rio LX $256 $496 $430 $26 $128 $1,361 $113
Rio SX $294 $584 $430 $26 $128 $1,487 $124
Get Your Own Custom Quote Go

Kia Rio insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Rio $208 $400 $430 $26 $128 $1,192 $99
Rio LX $208 $400 $430 $26 $128 $1,192 $99
Rio SX $240 $472 $430 $26 $128 $1,296 $108
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Estimates do not factor in Dallas location which can alter price quotes significantly.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $15 more each month or $180 each year 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 usually have more than 17 months between claims, you would save money going with the higher deductible.

How to determine if higher deductibles are a good idea

Average monthly premium for $250 deductibles: $117
Average monthly premium for $500 deductibles (subtract): – $102
Monthly savings from raising deductible: $15
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $15
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

The example below demonstrates how deductible levels and can increase or decrease Kia Rio premium costs for different age groups of insureds. Data assumes a single male driver, full physical damage coverage, and no discounts are applied to the premium.

Drive responsibly or pay higher rates

The diagram below illustrates how violations and at-fault fender-benders raise Kia Rio car insurance rates for different age groups. The data is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied to the premium.

Full coverage or liability only

The chart below illustrates the comparison of Kia Rio insurance premiums with full physical damage coverage compared to only buying liability only. The costs are based on no claims, a clean driving record, $250 deductibles, drivers are not married, and no discounts are factored in.

Deciding between full coverage and liability only

There is no set rule to exclude full coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is about 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s pretend your Kia Rio replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after the policy deductible has been paid. If you are currently paying more than $800 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where dropping physical damage coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not eliminate full coverage.

Protect more than your Kia vehicle

Even though it can be expensive, maintaining insurance serves several important purposes.

The benefits of having insurance more than cancel out the cost, particularly when you have a large claim. The average driver in Texas is wasting up to $800 each year so smart consumers compare quotes at least once a year to ensure rates are inline.

Auto insurance coverage considerations

Understanding the coverages of a auto insurance policy can help you determine which coverages you need for your vehicles. Auto insurance terms can be ambiguous and reading a policy is terribly boring.

Medical costs insurance

Med pay and PIP coverage pay for short-term medical expenses for hospital visits, X-ray expenses, doctor visits and ambulance fees. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Liability insurance

This coverage will cover damage or injury you incur to people or other property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 30/60/25 that translate to $30,000 in coverage for each person’s injuries, a limit of $60,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for claims such as medical expenses, bail bonds, attorney fees, loss of income and structural damage. How much liability should you purchase? That is your choice, but buy as large an amount as possible. Texas state minimum liability requirements are 30/60/25 but you should consider buying better liability coverage.

The illustration below shows why buying minimum limits may not be enough coverage.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hail damage, a tree branch falling on your vehicle and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as driving through your garage door, backing into a parked car, colliding with another moving vehicle, hitting a mailbox and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible on your Rio to save money on collision insurance.

UM/UIM Coverage

This coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and damage to your Kia Rio.

Because many people only purchase the least amount of liability that is required (30/60/25), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Cheaper coverage is out there

Drivers change insurance companies for a number of reasons such as policy cancellation, not issuing a premium refund, high rates after DUI convictions and questionable increases in premium. Regardless of your reason for switching companies, choosing a new insurance company can be less work than you think.

Lower-priced Kia Rio insurance in Dallas can be bought from both online companies in addition to many Dallas insurance agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies do not offer online quoting and most of the time these regional insurance providers only sell coverage through independent agents.

Throughout this article, we presented a lot of tips how to save on Kia Rio insurance in Dallas. It’s most important to understand that the more providers you compare, the better your chances of lowering your prices. Consumers may even find the most savings is with the smaller companies.

Much more information about auto insurance in Texas can be found at the links below