Cheap Rate Quotes for Kia Forte Insurance in Anchorage

High-priced Kia Forte insurance in Anchorage can diminish your savings and make it tough to pay other bills. Doing a rate analysis is a fast and free way to lower your monthly bill.

Sadly, the majority of drivers have remained with the same car insurance company for well over three years, and nearly the majority have never even shopped around for cheap coverage. Alaska drivers could save $368 a year by just comparing rate quotes, but they don’t invest the time required to compare rate quotes online.

How to buy low-cost Kia Forte insurance in Anchorage

If you want to find the absolute lowest rates, then the best way to get more affordable Kia Forte insurance in Anchorage is to make a habit of regularly comparing prices from companies in Alaska.

1. Try to learn a little about the coverage provided by your policy and the things you can change to keep rates in check. Many rating factors that result in higher rates like traffic violations and a substandard credit score can be rectified by making lifestyle changes or driving safer.
2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from one company like GEICO or Allstate, while agents who are independent can give you price quotes for a wide range of companies.
3. Compare the new quotes to your current policy and determine if cheaper Forte coverage is available in Anchorage. If you can save money, verify that coverage does not lapse between policies.
4. Give notification to your agent or company to cancel your current car insurance policy. Submit any necessary down payment along with the completed application to your new carrier. Once the application is submitted, put the new proof of insurance certificate in your glove compartment.

One key aspect of rate comparisons is to compare the same coverage limits and deductibles on every price quote and and to get price quotes from as many car insurance companies as possible. This helps ensure an accurate price comparison and the best price selection.

Insurance companies such as Allstate, Liberty Mutual and State Farm constantly blast consumers with ad campaigns and it can be hard to see past the corporate glitz and take the time to shop coverage around.

The providers in the list below have been selected to offer price comparisons in Alaska. If multiple companies are listed, we recommend you visit as many as you can to get a more complete price comparison.

Insurance policy discounts for Kia Forte insurance in Anchorage

Insurance is easily one of your largest bills, but companies offer discounts that could drop your premiums quite a bit. Some trigger automatically when you get a quote, but a few need to be manually applied before they will apply.

• Life Insurance Discount – Larger insurance companies have a discount if you purchase life insurance from them.
• New Car Discount – Buying coverage on a new vehicle can save you some money because newer models are generally safer.
• Sign Early and Save – Some larger companies reward drivers for renewing your policy early. It’s a savings of about 10%.
• Anti-lock Brakes – Cars, trucks, and SUVs with ABS and/or traction control can stop better under adverse conditions and qualify for as much as a 10% discount.
• Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems could see savings of more than 20%.
• Seat Belts Save – Drivers who require all occupants to use a seat belt can save 10% or more on medical payment and PIP coverage.
• Drive Less and Save – Driving less can earn cheaper rates.
• Multiple Cars – Buying a policy with multiple cars or trucks on one policy can reduce rates for all insured vehicles.

One thing to note about discounts is that most of the big mark downs will not be given to the whole policy. The majority will only reduce individual premiums such as comprehensive or collision. Even though it may seem like having all the discounts means you get insurance for free, nobody gets a free ride. But all discounts will bring down your policy premium.

The example below illustrates the comparison of Kia Forte yearly insurance costs with and without some available policy discounts. Data assumes a female driver, no claims or violations, Alaska 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 marriage, multi-policy, safe-driver, homeowner, multi-car, and claim-free discounts applied.

If you would like to view insurance companies who offer online Kia Forte insurance quotes in Anchorage, click here to view.

Detailed insurance information

The data table below outlines different insurance rates for Kia Forte models. Being more informed about how policy rates are determined can benefit drivers when making smart choices when selecting a policy.

Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rates do not factor in specific Anchorage garaging location which can influence insurance rates considerably.

Comparison of policy deductibles

One of the hardest decisions when shopping for car insurance is at what level do you set your deductibles. The following tables illustrate the cost difference between low and high comp and collision deductibles. The first price estimate table uses a $100 deductible and the second price table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Price information does not factor in specific zip code location which can influence auto insurance rates substantially.

Based on the figures above, using a $100 deductible would cost the average driver about $27 more each month or $324 annually averaged for all Forte models than opting for the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you normally go more than 33 months between claim filings, you would save money going with the higher deductible.

Annual premiums for males versus females in Anchorage

The example below compares Kia Forte insurance rates for male and female drivers. The prices are based on no claims or violations, comprehensive and collision coverage, $100 deductibles, single marital status, and no discounts are factored in.

Difference between liability only and full coverage rates

The example below shows the difference between Kia Forte insurance prices with full physical damage coverage and with liability coverage only. The premiums assume no claims, a clean driving record, $100 deductibles, single marital status, and no discounts are applied to the premium.

When to switch to liability coverage only

There is no specific rule for phasing out comprehensive and collision coverage on your policy, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then you might consider buying liability only.

For example, let’s assume your Kia Forte book value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $5,000 after the deductible is paid. If you are paying over $500 a year to have full coverage, then it might be time to consider dropping full coverage.

There are a few cases where buying only liability insurance is not a good plan. If you still owe money on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should maintain full coverage.

Local agents and insurance

Some people just prefer to buy from a licensed agent and we recommend doing that Experienced insurance agents can help determine the best coverages and help submit paperwork. One of the best bonuses of getting free rate quotes online is you can get cheap rate quotes but also keep your business local. And buying from neighborhood insurance agencies is especially important in Anchorage.

Once you complete this simple form, your coverage information is sent to agents in your area who will give competitive quotes for your coverage. You won’t need to search for an agent since rate quotes are delivered to you instantly. In the event you want to get a rate quote for a specific company, you just need to navigate to their website and submit a quote form there.

If you want a reliable agent, you should know the different types of agents and how they can service your needs differently. Agencies in Anchorage are categorized either exclusive or independent agents depending on their company appointments. Either one can write policy coverage, but it’s worth mentioning the subtle differences since it can impact the kind of agent you use.

Independent Insurance Agencies

These agents are not employed by any specific company so they can write business with any number of different companies and potentially find a lower price. If your premiums go up, the business is moved internally and you don’t have to switch agencies.

If you are trying to find cheaper rates, you will want to include price quotes from at a minimum one independent agency to get the best comparison.

Below are independent insurance agencies in Anchorage that may be able to provide rate quotes.

View more Anchorage agents

Exclusive Insurance Agencies

Agents that choose to be exclusive can only provide one company’s prices and some examples include Farmers Insurance or State Farm. Exclusive agencies are unable to place coverage with different providers so they are skilled at selling on more than just price. Exclusive agents receive extensive training on their company’s products which helps them compete with independent agents.

The following is a list of exclusive agencies in Anchorage that are able to give rate quotes.

View more Anchorage agents

Finding the right insurance agency should depend on more than just a cheap price. The following questions are important to ask.

• If your car is in the repair shop, do you have coverage for a rental car?
• Can you contact them at any time?
• Will they give you a referral list?
• Do they have any clout with companies to ensure a fair claim settlement?
• Do they offer accident forgiveness?
• Are claim adjusters local or do you have to take your car somewhere else?

Insurance does more than just repair your car

Despite the high insurance cost for a Kia Forte in Anchorage, insurance is not optional due to several reasons.

• Almost all states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability insurance in order to be legal. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you took out a loan on your Kia Forte, most lenders will require you to have comprehensive coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Kia for a lot more money and require you to reimburse them much more than you were paying before.
• Insurance preserves both your Kia Forte and your assets. It also can pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also covers legal expenses if someone files suit against you as the result of an accident. If you have damage to your Kia as the result of the weather or an accident, comprehensive and collision coverage will cover the repair costs.

The benefits of having insurance are definitely more than the cost, especially with large liability claims. According to a 2015 survey, the average American driver is currently overpaying as much as $865 each year so smart consumers compare quotes at least once a year to make sure the price is not too high.

Specific coverage details

Knowing the specifics of your auto insurance policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement. Below you’ll find typical coverages found on most auto insurance policies.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like damage from a tornado or hurricane, damage from flooding, hitting a bird, a tree branch falling on your vehicle and falling objects. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many Alaska drivers only carry the minimum required liability limits (which is 50/100/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits are set the same as your liability limits.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as X-ray expenses, EMT expenses, nursing services, pain medications and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision coverage pays for damage to your Forte resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like damaging your car on a curb, crashing into a building, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to raise the deductible on your Forte to get cheaper collision coverage.

Liability auto insurance

Liability insurance will cover damage that occurs to other people or property in an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/25 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers things such as medical services, pain and suffering, medical expenses, legal defense fees and loss of income. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford. Alaska requires drivers to carry at least 50/100/25 but you should think about purchasing higher limits.

The next chart shows why low liability limits may not be enough coverage.

Alaska auto insurance companies ranked

Picking the right car insurance provider can be rather challenging considering how many choices drivers have in Alaska. The rank data below could help you decide which car insurance companies to look at shopping prices with.

Top 10 Anchorage Car Insurance Companies Overall

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Progressive
9. Allstate
10. Liberty Mutual

Top 10 Anchorage Car Insurance Companies Ranked by Customer Service

1. State Farm
2. GEICO
3. The Hartford
4. Progressive
5. The General
6. Allstate
7. American Family
8. AAA Insurance
9. Liberty Mutual
10. Farmers Insurance

In Summary

You just learned many ideas to get a better price on Kia Forte insurance in Anchorage. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers may even find the biggest savings come from a small local company. They may have significantly lower prices on certain market segments compared to the large companies like State Farm or Progressive.

As you quote Anchorage auto insurance, make sure you don’t reduce coverage to reduce premium. In many instances, someone dropped uninsured motorist or liability limits and learned later that it was a big error on their part. Your objective should be to purchase a proper amount of coverage at the best possible price and still be able to protect your assets.

How to find low-cost rates for Kia Forte insurance in Anchorage

To save the most money, the best way to find lower priced Kia Forte insurance is to do a yearly price comparison from insurers that insure vehicles in Anchorage.

Step 1: Get an understanding of how insurance companies determine prices and the steps you can take to keep rates low. Many risk factors that increase rates such as speeding tickets, accidents and poor credit can be rectified by paying attention to minor details.

Step 2: Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes from multiple companies. Click to view companies

Step 3: Compare the new quotes to your existing rates to see if cheaper Forte coverage is available. If you find a lower rate quote and decide to switch, make sure there is no lapse in coverage.

Step 4: Give proper notification to your current agent or company of your decision to cancel your current policy. Submit payment and a signed application for your new coverage. Don’t forget to place the new certificate of insurance above your visor, in the console, or in the glove compartment.

One key aspect when comparing rates is to make sure you enter identical limits and deductibles on every quote and and to analyze every company you can. This guarantees an accurate price comparison and a thorough selection of prices.

Additional information

• Distracted Driving (Insurance Information Institute)
• Who Has Affordable Car Insurance Rates for Government Employees in Anchorage? (FAQ)
• How Much are Auto Insurance Quotes for a Toyota Camry in Anchorage? (FAQ)
• Should I Buy a New or Used Car? (Allstate)
• Anti-Lock Brake FAQ (iihs.org)