It’s hard to believe, but most drivers have stayed with the same insurance company for well over three years, and almost half have never compared rates from other carriers. Many consumers in Charlotte can save hundreds of dollars each year just by getting comparison quotes, but they just don’t understand the actual amount they would save if they switch to a new company.
The preferred way to get the cheapest car insurance rates is to make a habit of regularly comparing prices from different companies in Charlotte.
- Step 1: Try to learn about how your policy works and the modifications you can make to prevent expensive coverage. Many rating criteria that are responsible for high rates such as accidents, careless driving, and an imperfect credit history can be remedied by making lifestyle changes or driving safer. Read the full article for the details to get cheaper coverage and find discounts that may have been missed.
- Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from a single company like Progressive or State Farm, while independent agents can provide price quotes from multiple companies.
- Step 3: Compare the new quotes to your existing policy to see if you can save by switching companies. If you find a lower rate, make sure there is no lapse in coverage.
One key aspect when comparing rates is to use identical coverage information on each price quote and and to get rates from as many car insurance companies as possible. Doing this enables a level playing field and the most accurate and complete price analysis.
Buying the cheapest auto insurance in Charlotte can initially seem challenging. If you have insurance now or want to find a cheaper company, you can learn to find better prices without reducing coverage. Comparison shoppers just have to know the quickest method to get comparison quotes from multiple carriers.
Most major insurance companies like GEICO, State Farm and Progressive allow consumers to get pricing online. Obtaining pricing for Kia Sportage insurance in Charlotte is quite easy as you just type in the coverage amounts you desire into the form. After you complete the form, the quote system requests information on your driving record and credit history and returns a price based on many factors. The ability to get online price quotes for Kia Sportage insurance in Charlotte makes it simple to compare prices and it is important to get many rate quotes in order to find the best car insurance rates.
If you want to compare rates now, compare rates from the companies below. If you currently have coverage, we recommend you complete the form with the coverages exactly as shown on your declarations page. This helps ensure you will be getting a rate comparison for similar coverage.
The companies shown below can provide price comparisons in North Carolina. If multiple companies are listed, we recommend you click on several of them to get the best price comparison.
Rates and information analytics
The rate table shown next covers different insurance costs for Kia Sportage models. Learning as much as possible about how rate quotes are determined can be of help when making smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $102 | $192 | $302 | $18 | $90 | $704 | $59 |
| Sportage LX 2WD 4-Dr | $102 | $192 | $302 | $18 | $90 | $704 | $59 |
| Sportage EX 2WD 4-Dr | $116 | $234 | $302 | $18 | $90 | $760 | $63 |
| Sportage LX 4WD 4-Dr | $116 | $234 | $302 | $18 | $90 | $760 | $63 |
| Sportage LX | $116 | $234 | $302 | $18 | $90 | $760 | $63 |
| Sportage EX 4WD 4-Dr | $116 | $234 | $302 | $18 | $90 | $760 | $63 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Rate information does not factor in specific location information which can lower or raise auto insurance rates significantly.
Higher deductibles lower rates
One of the hardest decisions when shopping for car insurance is how high should the physical damage coverage deductibles be. The rates below may help you to understand the premium difference between high and low insurance deductibles. The first data set uses a $100 physical damage deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $186 | $318 | $250 | $14 | $74 | $867 | $72 |
| Sportage LX 2WD 4-Dr | $186 | $318 | $250 | $14 | $74 | $867 | $72 |
| Sportage EX 2WD 4-Dr | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| Sportage LX 4WD 4-Dr | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| Sportage LX | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| Sportage EX 4WD 4-Dr | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $136 | $214 | $250 | $14 | $74 | $688 | $57 |
| Sportage LX 2WD 4-Dr | $136 | $214 | $250 | $14 | $74 | $688 | $57 |
| Sportage EX 2WD 4-Dr | $156 | $262 | $250 | $14 | $74 | $756 | $63 |
| Sportage LX 4WD 4-Dr | $156 | $262 | $250 | $14 | $74 | $756 | $63 |
| Sportage LX | $156 | $262 | $250 | $14 | $74 | $756 | $63 |
| Sportage EX 4WD 4-Dr | $156 | $262 | $250 | $14 | $74 | $756 | $63 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Estimates do not factor in garaging location in Charlotte which can change auto insurance rates substantially.
Based on this data, using a $100 deductible will cost you roughly $16 more each month or $192 every year than requesting the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average more than 25 months between claim filings, you would come out ahead by going with a higher deductible.
How to calculate deductible break even period
| Average monthly premium for $100 deductibles: | $77 |
| Average monthly premium for $500 deductibles (subtract): | – $61 |
| Monthly savings from raising deductible: | $16 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $16 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 25 months |
The chart below illustrates how your deductible choice and can impact Kia Sportage yearly insurance costs for different ages of insureds. The premium estimates are based on a married male driver, comp and collision included, and no additional discounts are factored in.
Safe drivers pay less for car insurance
The information below shows how traffic citations and at-fault collisions influence Kia Sportage car insurance costs for each age group. The price estimates are based on a married male driver, full coverage, $250 deductibles, and no additional discounts are factored in.
Males versus Females
The diagram below visualizes the comparison of Kia Sportage annual premium costs for male and female drivers. The premium estimates are based on no violations or accidents, full physical damage coverage, $1,000 deductibles, single status, and no discounts are applied.
Full coverage rates vs. liability-only
The information below shows the comparison of Kia Sportage premium costs with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. The premium estimates are based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no additional discounts are factored in.
When to stop buying full coverage
There is no definitive guideline of when to phase out comp and collision coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Kia Sportage replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $8,000 after you pay the deductible. If you are currently paying more than $800 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some scenarios where only buying liability is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not drop full coverage.
Choosing the best Kia Sportage insurance in North Carolina is an important decision
Despite the potentially high cost of Kia Sportage insurance, buying auto insurance is mandatory in North Carolina but it also protects more than you think.
- Almost all states have minimum liability requirements which means you are required to buy a specific minimum amount of liability insurance coverage if you drive a vehicle. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a lien on your Sportage, most lenders will force you to have full coverage to guarantee loan repayment. If you default on your policy, the bank or lender will purchase a policy for your Kia at a much higher premium rate and force you to pay the higher price.
- Auto insurance preserves your Kia Sportage and your assets. It will also reimburse you for many types of medical costs for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If mother nature or an accident damages your car, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying auto insurance are without a doubt worth the cost, particularly when you have a large claim. But the average driver in North Carolina is overpaying over $700 annually so compare rates at every policy renewal to make sure the price is not too high.
Kia Sportage Insurance Price Factors
Multiple criteria are considered when you get your auto insurance bill. Some of the criteria are obvious like an MVR report, but some are more obscure such as your credit history or how financially stable you are.
The items below are some of the things used by companies to determine your premiums.
Discounts for multiple policies – Most insurance companies afford better rates to policyholders that purchase more than one policy such as combining an auto and homeowners policy. The discount can be as much as ten percent or more Even if you already get this discount, it’s always a smart idea to comparison shop to help guarantee you have the best rates.There is a good possibility that you can save even more than the discount even if you insure with multiple companies
The type of car, truck or SUV makes a difference – The performance of the vehicle you own makes a big difference in your rates. The cheapest insurance rates are generally reserved for economy passenger models, but other factors influence the final cost greatly.
The data below is based on a married female driver age 20, full coverage with $500 deductibles, and no discounts or violations. It compares Kia Sportage rates compared to other vehicles that have a range of risk factors.
File policy claims and pay more – If you file a lot of claims you shouldn’t be surprised to get either higher rates or even cancellation. Insurance companies in North Carolina provide better rates to drivers who do not rely on their insurance for small claims. Your car insurance is intended for major claims that would cause financial hardship.
Lower rates come with age – Older, more experienced drivers are more cautious drivers, cost insurance companies less in claims, and usually have better credit. Teen drivers have a tendency to be more careless behind the wheel and because of this, their insurance rates are much higher.
The chart below is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.
Kia Sportage claim probability – Car insurance companies analyze claim trends for every vehicle in order to profitably underwrite each model. Models that have increased losses will cost more to insure. The table below illustrates the historical insurance loss data for Kia Sportage vehicles.
For each type of coverage, the claim amount for all vehicles, as a total average, is considered to be 100. Values that are under 100 imply a favorable loss record, while numbers shown that are more than 100 indicate more frequent losses or statistically larger losses.
| Specific Kia Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Sportage 4dr 2WD | 82 | 100 | 66 | 113 | 127 | 109 |
| Kia Sportage 4dr 4WD | 90 | 100 | 83 | 116 | 108 | 101 |
Statistics from IIHS.org for 2013-2015 Model Years
You are unique and your auto insurance should be too
When selecting your policy for your vehicles, there really is no one size fits all plan. Your financial needs are unique.
Here are some questions about coverages that may help you determine if you might need an agent’s assistance.
- How do I insure my teen driver?
- Does my policy pay for OEM or aftermarket parts?
- Are split liability limits better than a combined single limit?
- Do I need motorclub coverage?
- Can I cancel at any time?
- Should I rate my Kia Sportage as pleasure use or commute?
- Do I need PIP coverage since I have good health insurance?
- What is the premium to book value ratio for dropping full coverage?
- Does my car insurance cover rental cars?
- Do I need special coverage while pulling a rented trailer?
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.
In conclusion
When shopping online for auto insurance, it’s very important that you do not reduce needed coverages to save money. There are too many instances where an accident victim reduced liability limits or collision coverage only to regret at claim time that the savings was not a smart move. Your focus should be to buy a smart amount of coverage at an affordable rate, but do not sacrifice coverage to save money.
Cost effective Kia Sportage insurance can be sourced from both online companies as well as from independent agents in Charlotte, and you need to price shop both in order to have the best price selection to choose from. A few companies may not provide online price quotes and usually these regional carriers only sell coverage through independent insurance agents.
Drivers leave their current company for a variety of reasons including not issuing a premium refund, poor customer service, denial of a claim or even unfair underwriting practices. Whatever your reason, switching auto insurance companies is not as hard as you think.
For more information, feel free to browse the resources below:
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Who Has the Cheapest Car Insurance for Retired Military in Charlotte? (FAQ)
- Who Has Affordable Charlotte Auto Insurance Quotes for 16 Year Olds? (FAQ)
- Alcohol Impaired Driving FAQ (iihs.org)
- Your Car has been Stolen: Now What? (Allstate)
- Learn About Car Insurance (GEICO)
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)