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2020 Kia Optima Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Apr 9, 2020

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Average insurance rates for a 2020 Kia Optima are $1,438 a year including full coverage. Comprehensive insurance costs on average $306 a year, collision costs $512, and liability coverage costs around $440. Buying a liability-only policy costs as low as $510 a year, with high-risk insurance costing $3,094 or more. Teen drivers receive the highest rates at $5,388 a year or more.

Annual premium for full coverage: $1,438

Rate estimates for 2020 Kia Optima Insurance

Comprehensive $306
Collision $512
Liability $440

Rate data is compiled from all 50 U.S. states and averaged for all 2020 Kia Optima models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For a driver in their 40's, prices range go from as low as $510 for basic liability insurance to a high of $3,094 for a driver who has had serious violations or accidents.

Liability Only $510
Full Coverage $1,438
High Risk $3,094

View Chart as Image

2020 Kia Optima insurance rates compared
Column chart showing 2020 Kia Optima insurance prices range from $842 to $5,388 for full coverage

These differences highlight why it is important for drivers to compare prices based on a specific location and risk profile, rather than using price averages.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 2020 Kia Optima Insurance

Searching Companies

Want better car insurance rates for your Kia Optima? Trying to find better insurance prices for a Kia Optima could be difficult, but you can follow the following methods to find lower rates. There is a right way and a wrong way to compare car insurance rates and you need to know the best way to get price quotes on a Kia and get the lowest price.

The quickest method to compare insurance rates in your area is to know the fact most of the bigger providers provide online access to give free rates quotes. All consumers are required to do is provide a small amount of information such as how old drivers are, deductibles desired, whether the vehicles are used for commuting, and if your license is active. Your information is automatically sent to multiple different insurance companies and they provide comparison quotes instantly to find the best rate.

Car insurance policy discounts you can’t miss

Not too many consumers would say car insurance is affordable, but companies offer discounts that can help lower your rates. Certain reductions will be credited at the time of quoting, but less common discounts must be inquired about before being credited.

  • Discounts for Federal Employees – Simply working for the federal government may reduce rates when you quote auto insurance for Optima insurance with select insurance companies.
  • Paperless Signup – Certain larger companies give back up to $50 shop auto insurance over the internet.
  • Auto/Home Discount – If you have multiple policies and insure them both with the same insurance company you may earn approximately 10% to 15%.
  • Good Driver Discounts – Insureds without accidents can get discounts for up to 45% lower rates for Optima insurance than their less cautious counterparts.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up before driving may be able to save a few bucks on the premium charged for medical payments and/or PIP.
  • Passive Restraint Discount – Factory air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
  • Good Students Pay Less – This discount can earn a discount of 20% or more. Most companies allow this discount up to age 25.
  • Senior Discount – Older drivers can get a slight reduction on a auto insurance quote for Optima insurance.
  • Save with a New Car – Insuring a new car can be considerably cheaper since newer models are generally safer.
  • Student in College – Any of your kids who live away from home to go to college without a vehicle on campus can be insured at a reduced rate.

A little note about advertised discounts, most credits do not apply to the whole policy. Some only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears it’s possible to get free car insurance, it doesn’t quite work that way. Any qualifying discounts will help lower your premiums.

If you would like to view providers offering car insurance discounts, enter your zip code here.

Insurance agents can help

When it comes to buying the best car insurance coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that could help you determine if you would benefit from an agent’s advice.

  • Do I need replacement cost coverage?
  • What happens if I owe more than my 2020 Kia Optima is worth?
  • Do I have newly-aquired coverage?
  • What is medical payments coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Where can I get insurance after a DUI in my state?
  • Do I have coverage when using my vehicle for my home business?
  • Do I have any recourse if my insurance company denies a claim?

If you’re not sure about those questions, you might consider talking to a licensed agent. To find an agent in your area, simply complete your zip code. It is quick, free and can help protect your family.

Parts of your auto insurance policy

Learning about specific coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Coverage for collisions

Collision insurance pays for damage to your Optima from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like scraping a guard rail, sustaining damage from a pot hole and crashing into a building. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Kia Optima.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims like rock chips in glass, theft, hitting a deer, hitting a bird and damage from flooding. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability

Liability coverage will cover damage that occurs to other people or property. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like medical services, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage pay for immediate expenses like nursing services, rehabilitation expenses and surgery. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Best coverage at the best price

The cheapest 2020 Kia Optima insurance is definitely available both online and with local insurance agents, so you need to quote auto insurance with both to get a complete price analysis. Some companies do not offer internet price quotes and most of the time these small, regional companies only sell coverage through independent insurance agencies.

When searching for cheap auto insurance quotes, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase plenty of coverage for the lowest cost but still have enough coverage for asset protection.

We covered a lot of information how to shop for 2020 Kia Optima insurance online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may be surprised to find that the lowest priced car insurance comes from the least-expected company.

Helpful resources

Rates by U.S. City

2020 Kia Optima Insurance Rates by City
City Premium
New York City, NY $2,271
Los Angeles, CA $2,457
Philadelphia, PA $1,918
Jacksonville, FL $2,086
Phoenix, AZ $1,672
Chicago, IL $1,922
Houston, TX $2,252
Seattle, WA $1,396
Columbus, OH $1,200
Indianapolis, IN $1,227

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2020 Kia Optima Insurance Rates by Driver Age
Driver Age Premium
16 $5,388
20 $3,298
30 $1,494
40 $1,438
50 $1,312
60 $1,288

Full coverage, $500 deductibles

Rates by Deductible

2020 Kia Optima Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,796
$250 $1,632
$500 $1,438
$1,000 $1,252

Full coverage, driver age 40

Rates by Liability Limit

Kia Optima Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,438
50/100 $1,526
100/300 $1,636
250/500 $1,922
100 CSL $1,570
300 CSL $1,812
500 CSL $1,988

Full coverage, driver age 40

Rates for High Risk Drivers

2020 Kia Optima Insurance Rates for High Risk Drivers
Age Premium
16 $7,668
20 $5,240
30 $3,156
40 $3,094
50 $2,952
60 $2,924

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $196

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $75
Multi-vehicle $74
Homeowner $21
5-yr Accident Free $102
5-yr Claim Free $91
Paid in Full/EFT $63
Advance Quote $69
Online Quote $101
Total Discounts $596
Rate after discounts $842

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

2020 Kia Optima Insurance Rates by State
State Premium
Alabama $1,300
Alaska $1,104
Arizona $1,194
Arkansas $1,438
California $1,638
Colorado $1,370
Connecticut $1,478
Delaware $1,626
Florida $1,798
Georgia $1,328
Hawaii $1,030
Idaho $974
Illinois $1,068
Indiana $1,086
Iowa $972
Kansas $1,366
Kentucky $1,960
Louisiana $2,128
Maine $890
Maryland $1,188
Massachusetts $1,148
Michigan $2,496
Minnesota $1,202
Mississippi $1,724
Missouri $1,276
Montana $1,546
Nebraska $1,134
Nevada $1,724
New Hampshire $1,036
New Jersey $1,608
New Mexico $1,272
New York $1,514
North Carolina $828
North Dakota $1,176
Ohio $992
Oklahoma $1,474
Oregon $1,316
Pennsylvania $1,370
Rhode Island $1,918
South Carolina $1,302
South Dakota $1,214
Tennessee $1,258
Texas $1,732
Utah $1,062
Vermont $986
Virginia $860
Washington $1,108
West Virginia $1,318
Wisconsin $994
Wyoming $1,282

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