2020 Kia Optima Car Insurance Calculator

Get real-time feedback how changes to risk factors and vehicle options influence insurance rates for a 2020 Kia Optima. Experiment with trim level options, driving record, policy coverages, and annual miles driven to see the impact on rates. Instantly see if and why rates increase from the option you changed.

The average estimated car insurance premium for a 2020 Kia Optima is $2,144 per year, or about $179 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,144

Cost Per Month

$179

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Kia Optima Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2020 Kia Optima.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,144
Average Rate
Your Rate
$2,144

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2020 Kia Optima trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2020 Kia Optima is $2,144.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2020 Kia Optima vs. the Midsize Car Segment

The table below compares insurance rates for the 2020 Kia Optima against all other models in the midsize car segment. The Kia Optima is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Kia Optima, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Kia Optima.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2020 Kia Optima Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Buick Regal$1,876-$268
2Honda Insight$1,890-$254
3Mazda 6$1,908-$236
4Chevrolet Malibu$1,938-$206
5Toyota Camry$2,050-$94
6Subaru Legacy$2,062-$82
7Volkswagen Passat$2,070-$74
8Honda Accord$2,076-$68
9Nissan Altima$2,082-$62
2020 Midsize Car Average$2,101-$43
10Kia Optima$2,144--
11Ford Fusion$2,202$58
12Volkswagen Arteon$2,242$98
13Tesla Model 3$2,288$144
14Hyundai Sonata$2,334$190
15Kia Stinger$2,354$210

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2020 Optima Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Kia Optima.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2020 Kia Optima Insurance Rates by Trim Level
2020 Kia Optima Trim Level Annual Premium Cost Per Month
EX Hybrid Sedan$2,042$170
LX Sedan$2,042$170
S Sedan$2,104$175
EX Sedan$2,166$181
SX Sedan$2,228$186
EX Plug-in Hybrid Sedan$2,272$189

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2020 Kia Optima for different driver ages.

2020 Kia Optima Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,770$648
17$7,483$624
18$6,626$552
19$6,063$505
20$4,623$385
21$4,407$367
22$3,933$328
23$3,257$271
24$3,069$256
25$2,488$207
30$2,280$190
35$2,204$184
40$2,144$179
45$2,012$168
50$1,910$159
55$1,778$148
60$1,782$149
65$1,904$159
70$2,070$173
75$2,458$205
80$3,034$253

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Kia Optima trim levels.