Want to learn the secrets to finding more affordable Kia Sorento insurance in Albuquerque? Searching for low-cost insurance for a new or used Kia Sorento in New Mexico can be an all-consuming task, but you can learn our auto insurance buying tips and make it easy.
There are both good and bad ways to compare auto insurance rates so we're going to tell you the proper way to compare rates for your Kia and locate the lowest price either online or from Albuquerque insurance agents.
It is always a good idea to take a look at other company's rates periodically because prices go up and down regularly. Just because you found the lowest price on Kia Sorento insurance in Albuquerque on your last policy a different company probably has better rate quotes today. There is a lot of bad information regarding Sorento insurance online but you can learn some proven techniques to find cheap auto insurance in Albuquerque.
Getting quotes for affordable policy in Albuquerque is easy to do. If you're already insured or just want a better rate, you will benefit by learning to reduce the price you pay without reducing coverage. Comparison shoppers only need an understanding of the most efficient way to compare insurance rates from multiple carriers.
Companies offering Kia Sorento insurance in Albuquerque
The companies shown below are ready to provide comparison quotes in Albuquerque, NM. If multiple companies are listed, it's a good idea that you get rate quotes from several of them to get the most affordable price.
How Your Sorento Insurance Rates are Determined
It's important that you understand the factors that help calculate your policy premiums. When you understand what impacts premium levels, this helps enable you to make changes that could help you find better car insurance rates. Many things are taken into consideration when you get a price on insurance. Some of the criteria are obvious such as your driving history, but other criteria are not as apparent like your continuous coverage or your financial responsibility.
The itemized list below are a few of the "ingredients" used by insurance companies to determine your rates.
Credit score impact car insurance costs - Having a bad credit history is a large factor in determining what you pay for car insurance. So if your credit score can be improved, you could be paying less to insure your Kia Sorento by repairing your credit. People that have very good credit scores tend to be better drivers and file fewer claims than drivers who have lower ratings.
Policy add-ons may not be needed - There are a ton of optional add-on coverages that can waste your money on your Sorento policy. Coverage for things like personal injury protection, high-cost glass coverage, and extra equipment coverage may be wasting your money. These coverages may sound good at first, but if you've never needed them in the past get rid of them and save.
Drive less and pay lower prices - Driving a lot of miles annually the more you will pay for car insurance. A lot of companies apply a rate based upon how the vehicle is primarily used. Autos used primarily for pleasure use receive better premium rates than vehicles that are driven to work every day. Verify your car insurance declarations sheet is showing how each vehicle is driven. An improperly rated Sorento is throwing money out the window.
Raise comp and collision deductibles and save - Insurance for physical damage to your car, also called 'full coverage', is used to repair damage to your Kia. Examples of covered claims could be colliding with a building, damage caused by hail, and damage from a fallen tree branch. Deductibles for physical damage state the amount of money you are required to spend before a claim is paid by your company. The larger the amount you have to pay, the less your company will charge you for insurance.
Avoid car insurance policy lapses - Having a lapse in insurance coverage can be a quick way to increase your car insurance rates. And not only will your rates increase, the inability to provide proof of insurance will get you a fine, jail time, or a revoked license.
Lower car insurance rates with alarm systems - Driving a car with a theft deterrent system can help lower your rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart auto theft.
Age of drivers - Older insureds are shown to be more cautious, statistically cause fewer accidents, and usually have better credit.Inexperience drivers tend to be careless and easily distracted when driving with friends so they pay higher car insurance rates.
The type of car you drive affects your rates - The type of car you own makes a big difference in your premium level. Since the Kia Sorento is a crossover, insuring your vehicle will cost slightly more as compared to the average rate in Albuquerque. Lower cost passenger models receive the most favorable rates, but there are many factors that impact the final cost.
Insurance loss data for Kia Sorento vehicles - Insurers include the past claim trends for vehicles to help calculate a profitable premium price. Vehicles that have higher claim amounts or frequency will have higher rates for specific coverages. The information below illustrates the insurance loss data for Kia Sorento vehicles.
For each policy coverage type, the loss probability for all vehicles, as an average, is a value of 100. Percentage numbers below 100 mean the vehicle has better than average losses, while percentage values above 100 indicate a higher chance of having a claim or a tendency for losses to be larger than average.
Kia Sorento Insurance Loss Statistics
|Specific Kia Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Kia Sorento 4dr 2WD||80||86||82||110||111||94|
|Kia Sorento 4dr 4WD||85||87||101||97||98||85|
Statistics from IIHS.org for 2013-2015 Model Years
Check for these rate reducing discounts
Some insurers don't always publicize every discount very clearly, so below is a list a few of the more well known in addition to some of the lesser obvious savings tricks you should be using when you buy Albuquerque auto insurance online.
- Distant Student Discount - Older children living away from Albuquerque attending college and don't have a car may be able to be covered for less.
- Good Student Discount - Performing well in school may save you up to 25%. Many companies even apply the discount to college students until age 25.
- Pay Upfront and Save - By paying your policy upfront instead of paying each month you can avoid monthly service charges.
- Low Mileage Discounts - Low mileage vehicles could earn lower prices due to less chance of an accident.
- Theft Deterrent Discount - Anti-theft and alarm system equipped vehicles prevent vehicle theft so companies will give you a small discount.
- Driver Education Discount - Have your child successfully complete driver's ed class in high school.
- New Vehicle Savings - Putting coverage on a new Sorento is cheaper compared to insuring an older model.
- Cautious Driver Discount - Insureds who avoid accidents can save up to 40% or more on their Albuquerque auto insurance quote than drivers with accident claims.
- No Claims - Insureds with no claims or accidents are rewarded with significantly better rates on Albuquerque auto insurance quote in comparison with policyholders that have many claims.
As a footnote on discounts, some of the credits will not apply to the whole policy. The majority will only reduce the price of certain insurance coverages like comp or med pay. So even though they make it sound like adding up those discounts means a free policy, companies don't profit that way.
For a list of companies that have a full spectrum of discounts in New Mexico, click this link.
Shop online but buy locally
A lot of people still like to visit with an insurance agent and that is just fine! Most agents are very good at helping people manage risk and help you file claims. One of the benefits of comparing insurance prices online is you can get lower rates and still have an agent to talk to. Buying from neighborhood insurance agencies is still important in Albuquerque.
To make it easy to find an agent, after completing this form (opens in new window), your information is immediately sent to agents in your area that can give you free Albuquerque auto insurance quotes for your business. It simplifies rate comparisons since you won't have to leave your computer as quotes are delivered to you instantly. If you want to get a price quote from a specific car insurance provider, you would need to go to their quote page and give them your coverage information.
What types of auto insurance agents are in Albuquerque?
If you prefer to buy car insurance from a local Albuquerque insurance agency, you need to know there are two different types of agencies and how they are slightly different. Albuquerque agents are classified as either independent agents or exclusive agents depending on their employer. Both can properly insure your vehicles, but it's important to point out why they differ since it can impact the type of agent you choose.
Independent Car Insurance Agencies or Brokers
Agents that choose to be independent often have many company appointments so they can insure your vehicles with a variety of different insurance companies enabling the ability to shop coverage around. If your agent finds better pricing, an independent agent can move your coverage which is easy for the insured.
If you are comparing rate quotes, it's a good idea to include a few independent agents to ensure the widest selection of prices. A lot of them also have access to different regional companies which can be an advantage.
Featured below is a short list of independent agencies in Albuquerque that can give you free price quotes.
- J B Martin Commercial, Homeowners, Auto, Health and Life Insurance Agency
2800 San Mateo Blvd NE - Albuquerque, NM 87110 - (505) 299-7444 - View Map
- Menicucci Insurance Llc
2116 Vista Oeste NW Bldg 5 - Albuquerque, NM 87120 - (505) 883-3683 - View Map
- Daniels Insurance Inc
320 Gold Ave SW # 700 - Albuquerque, NM 87102 - (505) 766-9676 - View Map
Agents that choose to be exclusive have only one company to place business with and some examples include Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot place coverage with different providers so they have no alternatives for high prices. They are well trained in insurance sales which can be an advantage. Some consumers prefer to use the same agent primarily because of the brand name instead of buying on price only.
Listed below is a short list of exclusive agencies in Albuquerque who can help you get price quotes.
- Aimee Abeyta - State Farm Insurance Agent
12836 Lomas Blvd NE a - Albuquerque, NM 87112 - (505) 292-3990 - View Map
- Reggie Gallegos - State Farm Insurance Agent
2308 Eubank Blvd #B - Albuquerque, NM 87112 - (505) 298-8100 - View Map
- Mike Volk - State Farm Insurance Agent
3716 Central Ave SE - Albuquerque, NM 87108 - (505) 232-2886 - View Map
Picking a insurance agency should include more criteria than just the quoted price. Here are some questions you should ask.
- What insurance companies do they recommend if they are an independent agent?
- How long have they worked with personal auto insurance coverage?
- Do the coverages you're quoting properly cover your vehicle?
- When do they do policy reviews?
- Will they make sure you get an adequate claim settlement?
- Do they make recommendations based only on price?
Insurance myths debunked
Consumers constantly see and hear ads that promise big savings for switching by companies like State Farm, Allstate and GEICO. All the ads advertise the message that drivers can save some big amount if you switch to their company.
How can each company offer you a better deal on Kia Sorento insurance in Albuquerque? This is the trick they use.
Insurance companies have a preferred profile for the type of driver that will most likely be profitable. For instance, a desirable risk might be described as between the ages of 30 and 45, has no claims, and drives less than 5,000 miles a year. Any new insured who fits those characteristics will get a cheap rate quote in Albuquerque and most likely will pay quite a bit less when switching companies.
People who cannot meet these stringent criteria will have to pay higher prices which usually ends up with business not being written. If you listen to the ad wording, they say "drivers that switch" not "everybody who quotes" can save as much as they claim. That's the way insurance companies can make the claims of big savings.
This really emphasizes why you need to compare free Albuquerque auto insurance quotes often. It's just too difficult to predict which insurance companies will have the best Kia Sorento insurance in Albuquerque.
There's no such thing as the perfect auto insurance policy
Keep in mind that when it comes to choosing insurance from an agent or online, there really is no perfect coverage plan. Everyone's needs are different and your policy should reflect that. These are some specific questions might help in determining if your insurance needs will benefit from professional help.
- Why am I required to buy liability insurance?
- What if I owe more than I can insure my car for?
- Is business equipment covered while in my vehicle?
- Where can I get insurance after a DUI in New Mexico?
- Why do I need rental car insurance?
- What is PIP insurance?
- Is other people's property covered if stolen from my vehicle?
If you don't know the answers to these questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can help protect your family.
Affordable coverage is out there
Cost effective Kia Sorento insurance can be found from both online companies in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies may not offer price quotes online and many times these regional insurance providers provide coverage only through independent insurance agencies.
We've covered some good ideas how to save on Kia Sorento insurance in Albuquerque. The key concept to understand is the more rate comparisons you have, the better likelihood of getting affordable Albuquerque auto insurance quotes. You may even find the lowest priced auto insurance comes from a company that doesn't do a lot of advertising. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.
More information is located at the links below
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Who Has Cheap Auto Insurance Quotes for a Jeep Grand Cherokee in New Mexico? (FAQ)
- Who Has Affordable New Mexico Car Insurance for 4x4 Vehicles? (FAQ)
- Who Has Affordable Car Insurance Quotes for Handicapped Drivers in New Mexico? (FAQ)
- What Car Insurance is Cheapest in Gallup, New Mexico? (FAQ)
- Who Has Cheap Auto Insurance for a Subaru Impreza in New Mexico? (FAQ)
- What Auto Insurance is Cheapest for a Ford Fusion in New Mexico? (FAQ)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- What is Full Coverage? (Allstate)