Kia Optima Car Insurance Rates for 2022

• Kia Optima insurance costs an average of $1,538 per year on average, or about $128 per month for a policy with full coverage.
• The Optima EX Hybrid Sedan trim level is the cheapest to insure at around $1,466 per year. The most expensive trim is the EX Plug-in Hybrid Sedan at $1,628 per year.
• When compared to the entire 2020 midsize car segment, the Optima falls in the bottom half at #10 out of 15 total comparison vehicles.
• Kia Optima car insurance rates in a few larger cities include $1,818 in San Jose, CA, $1,420 in Fort Worth, TX, and $1,620 in Minneapolis, MN.

How much does Kia Optima insurance cost?

Kia Optima car insurance costs on average $1,538 annually for full coverage, or $128 each month. You can expect to pay around $31 more each year to insure a Kia Optima compared to similar vehicles, and $29 less per year than the $1,567 national average.

The following chart details how average Optima car insurance rates change depending on driver age and policy deductibles. The rates shown are per year and range from the cheapest price of $1,182 per year for a 60-year-old driver with high policy deductibles to the highest cost of $3,512 annually for a driver age 20 with low physical damage deductibles.

The bar chart above shows a fairly small set of auto insurance costs. There is a great reason for this, because if we displayed all rates for every possible risk combination (driver age, marrital status, credit rating, etc.), included all six Kia Optima trim levels, AND rated for all 41,000+ zip codes in the U.S., the chart would contain 580,608,000,000 values, give or take a few billion.

For a more relatable example, liability-only insurance on an Optima in the cheapest areas of Illinois or Vermont can cost as little as $219 a year, while a teenager with a few tickets in some urban areas in New York City could total as much as $14,462 a year for full coverage.

Again, that’s quite the range of insurance prices, so our recommendation is to simply get a price quote. It will save you the work of navigating through 580+ billion rates to find the perfect one.

The following table shows average car insurance rates for the 2010 through 2020 model years for the Kia Optima. Where is the 2021 Optima? The Optima was renamed the Kia K5 starting with the 2021 model year.

What is the cheapest Kia Optima insurance?

With Kia Optima insurance rates ranging from $1,466 to $1,628 per year for the average driver, the cheapest trim level to insure is the EX Hybrid Sedan.

The next cheapest trim level to insure is the LX Sedan at $1,470 per year. Expect to pay at the least around $122 per month to insure a Optima for full coverage.

The priciest models of Kia Optima to insure are the EX Plug-in Hybrid Sedan at $1,628 and the SX Sedan at $1,602 per year. Those trim levels will cost an extra $162 and $136 per year, respectively, over the lowest cost EX Hybrid Sedan model.

The next table breaks down average annual and 6-month car insurance costs, in addition to a monthly budget estimate, for each Kia Optima trim level.

How does Optima insurance cost rank?

The Kia Optima ranks #10 out of 15 total comparison vehicles in the midsize car category. The Optima costs an average of $1,538 per year to insure and the segment average cost is $1,507 per year, a difference of $31 per year. So yes, there are definitely models in the same class with cheaper insurance rates.

When compared to other popular midsize models for the 2020 model year, Kia Optima car insurance costs $70 more per year than the Toyota Camry, $54 more than the Honda Accord, $46 more than the Nissan Altima, and $102 less than the Tesla Model 3, which is not exactly an apples-to-apples comparison to the Optima.

The chart below can help visualize where the Optima ranks in relation to the other top midsize cars. For the full comparison, a rate table is included after the chart showing typical insurance rates for all 15 models in the segment for the 2020 model year.

Does where I live impact the cost of car insurance?

The cost of car insurance for a Kia Optima can range from cheaper amounts like $1,100 a year in Charlotte, NC, or $1,034 in Virginia Beach, VA, to expensive rates like $2,558 a year in Las Vegas, NV, and $2,904 in New York, NY.

The cost to insure an Optima in some additional cities include Kansas City, MO, costing $1,938 per year, Houston, TX, at an estimated $1,634, San Jose, CA, averaging $1,818, and Denver, CO, at $1,896.

The next chart illustrates typical Kia Optima insurance cost in 15 large metro areas in the United States. Additionally, a table is appended detailing insurance rates in the 50 largest metro areas.

Kia Optima insurance rates by U.S. state

From a state perspective, states like North Carolina ($978), Ohio ($894), and Maine ($1,064) have cheaper auto insurance, while states like Florida ($2,248), Michigan ($2,454), and Louisiana ($2,230) have more expensive insurance costs.

Most other states align closer to the median, with states like Alabama, Missouri, and Maryland included in this group with average Kia Optima insurance rates of $1,252, $1,634, and $1,390 per year, respectively.

How much is Kia Optima Hybrid car insurance?

The hybrid version of the Optima is one of the more affordable models to insure, costing an average of $1,500 per year, or $125 per month for full coverage.

The Optima Hybrid model increases fuel economy to 39 mpg city and 46 mpg highway. The electric motor is used exclusively during vehicle start-up and driving at low speeds.

How much does Kia Optima Plug-in Hybrid insurance cost?

The Kia Optima Plug-in Hybrid model costs an average of $1,632 per year to insure, or $136 per month. Insurance rates for the plug-in version cost $132 more per year than the regular hybrid model.

The plug-in hybrid model allows drivers to charge the Optima battery via a charging port, whereas the regular hybrid model provides charging from the gasoline engine and does not allow outlet charging.

Additional Facts and Figures

Here are some bonus insights that may be of interest.

• Lots of policy discounts equals cheaper Optima insurance. Discounts may be available if the insured drivers are accident-free, belong to certain professional organizations, choose electronic billing, are good students, or many other policy discounts which could save the average driver as much as $264 per year.
• Obey the law and get cheaper Optima insurance. To pay the lowest Optima insurance rates, it’s necessary to obey traffic laws. As a matter of fact, just a couple minor driving infractions have the potential to increase policy cost by at least $410 per year.
• Your job could earn you policy discounts. Many auto insurance providers offer policy discounts for having a job in professions like engineers, members of the military, emergency medical technicians, lawyers, farmers, and other occupations. By getting this discount, you may save between $46 and $149 on your annual Optima insurance premium, subject to policy limits.
• Raise your credit score for cheaper insurance rates. In states that allow a policyholder’s credit data to be used as a policy cost factor, having a high credit score of 800+ could see savings as high as $241 per year over a decent credit rating of 670-739. Conversely, a weak credit rating could cost as much as $280 more per year.
• The higher the deductibles, the lower the cost. Jacking up your deductibles from $500 to $1,000 could save around $220 per year for a 40-year-old driver and $430 per year for a 20-year-old driver.
• The lower deductible you choose, the higher the policy cost. Cutting your deductibles from $500 to $250 could cost an additional $230 per year for a 40-year-old driver and $452 per year for a 20-year-old driver.
• Expect to pay a lot for high risk insurance. For a 50-year-old driver, having too many driving record violations or accidents could increase the cost by $1,826 or more per year.
• Young male drivers pay the highest rates. For a 2020 Kia Optima, a 20-year-old male driver pays an average price of $3,060 per year, while a 20-year-old woman pays $2,276, a difference of $784 per year in favor of the women by a long shot. But by age 50, the male rate is $1,402 and female driver rates are $1,376, a difference of only $26.

An Optima FYI: For 2021, Kia killed the Optima name and is now using the K5 moniker for this car model. Hence the lack of 2021 Kia Optima insurance rates in our comparison. All table and chart data uses the 2020 model year for rate calculation purposes.