2023 Kia Sportage Insurance Cost: Average Rates & Savings Tips

The Kia Sportage is one of the most affordable SUVs to insure. Here’s a detailed look at average insurance costs for the 2023 Sportage along with tips to save.

Overview of 2023 Sportage Insurance Costs

On average, insurance for the 2023 Kia Sportage costs around $401 per year for a full coverage policy. That makes it one of the most budget-friendly compact SUVs to insure.

Here’s a quick overview of average 2023 Sportage insurance rates:

• Minimum coverage: $162 per year
• Full coverage: $401 per year
• Liability limits: 50/100/50
• Deductibles: $500 collision and comprehensive
• Driver profile: 40-year-old with good credit and clean driving record

Rates will vary based on your age, location, driving history, and other factors. But the Kia Sportage tends to be very affordable compared to rivals like the Honda CR-V and Toyota RAV4.

What Impacts 2023 Sportage Insurance Costs?

Your personal profile and choices have the biggest impact on Sportage insurance rates. Key factors include:

• Age – Teen drivers pay the highest rates, over $400 per month. Rates start dropping after age 25.

• Driving record – A clean record gets the lowest rates. Tickets, accidents, and claims drive up costs.

• Credit score – Drivers with poor credit pay more for insurance. Excellent credit gets the most discounts.

• Location – Insurance averages $200 per month in high-cost states like Florida and Michigan. It’s under $100 per month in Maine and Ohio.

• Coverage limits – Minimum state requirements cost about 40% less than a full coverage policy. Higher deductibles also reduce rates.

• Mileage – The more miles driven, the more you’ll pay for insurance coverage.

Top 5 Ways to Lower 2023 Sportage Insurance Costs

1. Ask about discounts – Insurers offer discounts for things like safe driving, low mileage, good students, anti-theft devices, and more.

2. Raise your deductible – Going from a $250 to $500 deductible could save 15% or more on premiums.

3. Improve your credit – Raising your credit score from fair to excellent can save over 50% on insurance.

4. Bundle policies – You can save up to 25% by bundling home and auto insurance with one company.

5. Check prices annually – Shop around for lower rates as insurers frequently change pricing models.

Average Insurance Rates by Age for 2023 Sportage

Here’s how 2023 Kia Sportage insurance costs vary depending on the driver’s age:

Teens and young drivers pay the highest insurance rates. Premiums start to decrease after age 25 when drivers are seen as less risky. Rates plateau by middle age then start to increase again after age 60.

The Cheapest Insurance Companies for 2023 Sportage

Insurance premiums can vary significantly between different insurance providers. Here are some of the cheapest companies for 2023 Kia Sportage insurance based on sample quote data:

• National General Custom 360: $62 per year
• Kemper Personal Insurance: $123 per year
• Safeco: $311 per year
• Buckeye Insurance Group: $459 per year
• Victoria: $521 per year

National General offered the lowest rates in our sample quotes. But make sure to compare multiple insurers to find the best match for your situation.

Conclusion

The 2023 Kia Sportage is one of the most affordable compact SUVs to insure. Average annual rates are around $401 for a full coverage policy. Following tips like bundling policies, maintaining good credit, and raising your deductible can help you save even more on Sportage insurance costs. Be sure to shop around annually to find the best rates.