Cheapest Quotes for Kia Sedona Insurance in Anchorage

Really, the only way to get the cheapest car insurance rates in Anchorage is to compare prices once a year from providers that insure vehicles in Alaska. Drivers can shop around by following these guidelines.

Step 1: Read about what is in your policy and the steps you can take to keep rates low. Many things that cause rate increases such as speeding tickets, accidents and a substandard credit history can be rectified by making minor changes in your lifestyle.

Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or Farmers Insurance, while independent agents can give you price quotes for many different companies.

Step 3: Compare the new quotes to your existing rates and see if there is a cheaper rate. If you find a lower rate quote and change companies, make sure there is no coverage gap between policies.

Step 4: Tell your current agent or company of your intention to cancel your current car insurance policy. Submit a down payment and signed policy application to your new carrier. Make sure you keep your new certificate of insurance in your glove compartment.

The most important part of shopping around is to compare similar coverage information on each price quote and and to compare all possible companies. Doing this provides the most accurate price comparison and the best price selection.

It’s a fact that auto insurance companies want to keep you from comparing prices. Consumers who compare rates at least once a year are inclined to switch insurance companies because they stand a good chance of finding lower prices. A recent insurance study discovered that people who compared rates regularly saved over $70 a month compared to other drivers who never shopped around for better prices.

If finding the lowest price on car insurance is your target objective, then having a grasp of how to choose a company and compare coverage rates can save time and make the process easier.

If you have auto insurance now, you will definitely be able to reduce the price you pay using the ideas presented in this article. The intent of this article is to instruct you on how car insurance works and some money-saving tips. Nevertheless, Alaska drivers need to learn how companies market insurance on the web because rates are impacted by many factors.

Analysis of Kia Sedona rates

The rate information shown below highlights detailed analysis of insurance policy prices for Kia Sedona models. Learning a little about how insurance rates are determined is important for drivers to make decisions when shopping around.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Rate quotes do not factor in vehicle location which can change premium rates noticeably.

Should you raise deductibles?

When shopping for auto insurance, a common question is what deductibles to buy. The following tables determine how much more rates are when you choose different comp and collision deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second price chart uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price estimates do not factor in your specific Anchorage location which can change auto insurance rates noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible would cost the average driver about $11 more each month or $132 annually than quoting the higher $500 deductible. Since you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally go at least 23 months between claims, you would most likely save money if you elect the higher deductible.

Accidents and violations increase rates

The illustration below highlights how traffic violations and at-fault fender-benders can affect Kia Sedona car insurance costs for different insured age categories. The premium estimates are based on a married female driver, full coverage, $500 deductibles, and no additional discounts are factored in.

Verify you’re getting every discount

Companies offering auto insurance do not advertise every discount very clearly, so the following is a list of both well-publicized as well as some of the hidden credits that you can use to lower your rates.

• Student Discounts – Getting good grades could provide a savings of up to 20% or more. This discount can apply up until you turn 25.
• Cautious Driver Discounts – Drivers who avoid accidents can get discounts for up to 45% lower rates than drivers with accidents.
• Homeowners Savings – Being a homeowner may earn you a small savings since owning and maintaining a home is proof that your finances are in order.
• New Vehicle Savings – Putting coverage on a new Sedona may earn a small discount because newer vehicles keep occupants safer.
• Low Mileage Discounts – Low annual miles can earn better insurance rates on cars that stay parked.
• E-sign – Many companies give back up to $50 just for signing your application on the web.
• Policy Bundle Discount – If you insure your home and vehicles with the same insurance company you could get a discount of 10% to 20% off each policy.
• Multi-car Discount – Buying insurance for multiple cars or trucks with one company may reduce the rate for each vehicle.

While discounts sound great, it’s important to understand that most discounts do not apply to the entire cost. Most cut the price of certain insurance coverages like collision or personal injury protection. Despite the appearance that adding up those discounts means a free policy, nobody gets a free ride.

The illustration below illustrates the comparison of Kia Sedona insurance prices with and without policy discounts. The premiums are based on a female driver, no driving violations, no at-fault accidents, Alaska state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, multi-car, marriage, and homeowner discounts applied.

Companies that have most of these discounts include:

• State Farm
• GEICO
• Allstate
• SAFECO
• Farm Bureau
• Progressive
• AAA

Check with all companies you are considering what discounts are available to you. Some of the earlier mentioned discounts might not be offered on policies in your state. To see insurers who offer discounts in Anchorage, click here.

Specific coverages for a Kia Sedona

Learning about specific coverages of auto insurance aids in choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Collision insurance

This pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as crashing into a building, rolling your car, backing into a parked car, hitting a mailbox and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible on your Sedona to get cheaper collision coverage.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, hitting a deer, rock chips in glass, hail damage and damage from flooding. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability auto insurance

Liability coverage will cover injuries or damage you cause to other people or property in an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/25 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like repair bills for other people’s vehicles, legal defense fees, medical services, loss of income and structural damage. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford. Alaska requires drivers to carry at least 50/100/25 but it’s recommended drivers buy more liability than the minimum.

The next chart demonstrates why low liability limits may not be high enough to adequately cover claims.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like dental work, nursing services, rehabilitation expenses, X-ray expenses and surgery. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits (50/100/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time these coverages are identical to your policy’s liability coverage.

Do the work, save more money

Insureds who switch companies do it for any number of reasons including unfair underwriting practices, being labeled a high risk driver, denial of a claim or even poor customer service. It doesn’t matter what your reason, finding a great new company is pretty easy and you might even save some money in the process.

Some insurance companies do not provide rate quotes online and many times these regional carriers only sell through independent agents. Lower-priced insurance in Anchorage can be sourced from both online companies in addition to many Anchorage insurance agents, and you need to price shop both to get a complete price analysis.

As you go through the steps to switch your coverage, it’s a bad idea to buy poor coverage just to save money. In many instances, consumers will sacrifice collision coverage to discover at claim time that it was a big mistake. The goal is to purchase plenty of coverage for the lowest cost, but don’t skip important coverages to save money.

More resources

• Older Driver Statistics (Insurance Information Institute)
• Who Has Cheap Auto Insurance for a Toyota Corolla in Anchorage? (FAQ)
• Who Has Affordable Auto Insurance Quotes for Young Drivers in Anchorage? (FAQ)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Cellphones, Texting and Driving (iihs.org)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)