Kia Optima Car Insurance Rates for 2023

Are car insurance rates expensive for a Kia Optima?

From the LX trim level up to the more costly EX Plug-in Hybrid Sedan trim level, we looked at insurance rates on the Optima to find out how prices rank when compared to similar models.

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  • Kia Optima insurance costs an average of $1,734 per year on average, or about $145 per month for a policy with full coverage.
  • The Optima EX Hybrid Sedan trim level is the cheapest to insure at around $1,652 per year. The most expensive trim is the EX Plug-in Hybrid Sedan at $1,834 per year.
  • When compared to the entire 2020 midsize car segment, the Optima falls in the bottom half at 10th out of 15 total comparison vehicles.
  • Kia Optima car insurance rates in a few larger cities include $1,940 in San Jose, CA, $1,548 in Fort Worth, TX, and $1,742 in Minneapolis, MN.

How much does Kia Optima insurance cost?

Kia Optima car insurance costs on average $1,734 annually for full coverage, or $145 each month. You can expect to pay around $37 more each year to insure a Kia Optima compared to similar vehicles, and $6 more per year than the $1,728 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 $1,336 per year for a 60-year-old driver with high policy deductibles to the highest cost of $3,958 annually for a driver age 20 with low physical damage deductibles.

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Chart Data Details: Chart shows average insurance cost for a 2020 Kia Optima with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Kia Optima trim levels.Data last updated on August 11, 2023
Kia Optima Car Insurance Rates
2020 Kia Optima Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,974$248
$500$3,454$288
$250$3,958$330
30$1,000$1,546$129
$500$1,814$151
$250$2,096$175
40$1,000$1,488$124
$500$1,734$145
$250$1,992$166
50$1,000$1,360$113
$500$1,582$132
$250$1,812$151
60$1,000$1,336$111
$500$1,554$130
$250$1,780$148

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, marital 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 $15,084 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.

Kia Optima Insurance Cost for 2010-2020 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2020 Kia Optima$1,734$867$145
2019 Kia Optima$1,556$778$130
2018 Kia Optima$1,608$804$134
2017 Kia Optima$1,598$799$133
2016 Kia Optima$1,508$754$126
2015 Kia Optima$1,544$772$129
2014 Kia Optima$1,428$714$119
2013 Kia Optima$1,288$644$107
2012 Kia Optima$1,262$631$105
2011 Kia Optima$1,237$618$103
2010 Kia Optima$1,212$606$101

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Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Kia Optima Car Insurance Cost by Model Year

What is the cheapest Kia Optima insurance?

With Kia Optima insurance rates ranging from $1,652 to $1,834 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 $1,658 per year. Expect to pay at the least around $138 per month to insure an Optima for full coverage.

The priciest models of Kia Optima to insure are the EX Plug-in Hybrid Sedan at $1,834 and the SX Sedan at $1,806 per year. Those trim levels will cost an extra $182 and $154 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.

2020 Kia Optima Insurance Cost by Trim Level
Kia Optima Trim Level Annual Policy Six-Month Policy Per Month
EX Hybrid Sedan$1,652$826$138
LX Sedan$1,658$829$138
S Sedan$1,706$853$142
EX Sedan$1,754$877$146
SX Sedan$1,806$903$151
EX Plug-in Hybrid Sedan$1,834$917$153

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2020 Kia Optima, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Kia Optima Insurance Cost by Trim Level

How does Kia Optima insurance cost rank?

The Kia Optima ranks 10th out of 15 total comparison vehicles in the midsize car category. The Optima costs an average of $1,734 per year to insure and the segment average cost is $1,697 per year, a difference of $37 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 $82 more per year than the Toyota Camry, $60 more than the Honda Accord, $50 more than the Nissan Altima, and $108 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.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2020 model year Kia Optima, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Kia Optima trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Kia Optima vs Top 10 Midsize Cars Insurance Cost Comparison
Kia Optima Insurance Cost Compared to All Midsize Cars
Rank Make/Model Insurance Cost Difference
1Buick Regal$1,514-$220
2Honda Insight$1,522-$212
3Mazda 6$1,540-$194
4Chevrolet Malibu$1,570-$164
5Toyota Camry$1,652-$82
6Subaru Legacy$1,668-$66
7Honda Accord$1,674-$60
8Volkswagen Passat$1,674-$60
9Nissan Altima$1,684-$50
10Kia Optima$1,734--
11Ford Fusion$1,784$50
12Volkswagen Arteon$1,810$76
13Tesla Model 3$1,842$108
14Hyundai Sonata$1,894$160
15Kia Stinger$1,898$164

Insurance rates for a Kia Optima by U.S. city and state

The cost of car insurance for a Kia Optima can range from cheaper amounts like $1,234 a year in Charlotte, NC, or $1,168 in Virginia Beach, VA, to expensive rates like $2,672 a year in Las Vegas, NV, and $3,016 in New York, NY.

The cost to insure an Optima in some additional cities include Kansas City, MO, costing $2,062 per year, Houston, TX, at an estimated $1,758, San Jose, CA, averaging $1,940, and Denver, CO, at $2,022.

The next chart illustrates typical Kia Optima insurance cost in thirty of the largest metro areas in the United States.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2020 Kia Optima, 40-year-old married male driver with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are the average for all Kia Optima trim levels.Data last updated on August 11, 2023
Kia Optima Insurance Rates in Large U.S. Cities
Kia Optima Insurance Rates by Location
City/State Annual Rate Monthly Rate
New York, NY$3,016$251
Philadelphia, PA$2,678$223
Las Vegas, NV$2,672$223
Los Angeles, CA$2,664$222
San Francisco, CA$2,312$193
Kansas City, MO$2,062$172
Oklahoma City, OK$2,062$172
Denver, CO$2,022$169
Memphis, TN$2,022$169
Atlanta, GA$1,996$166
San Jose, CA$1,940$162
Phoenix, AZ$1,892$158
Portland, OR$1,866$156
San Diego, CA$1,856$155
Boston, MA$1,848$154
Jacksonville, FL$1,840$153
Chicago, IL$1,798$150
Dallas, TX$1,770$148
Houston, TX$1,758$147
Seattle, WA$1,756$146
Nashville, TN$1,690$141
Milwaukee, WI$1,680$140
Albuquerque, NM$1,652$138
San Antonio, TX$1,600$133
Omaha, NE$1,554$130
Fort Worth, TX$1,548$129
Austin, TX$1,528$127
Indianapolis, IN$1,396$116
Columbus, OH$1,288$107
Charlotte, NC$1,234$103

From a state perspective, states like North Carolina ($1,090), Ohio ($1,216), and Maine ($1,052) have cheaper auto insurance, while states like Florida ($2,132), Michigan ($2,332), and Louisiana ($2,040) 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 $1,554, $1,944, and $1,606 per year, respectively.

Average rates for a Kia Optima in all fifty U.S. states are detailed in the table below.

Kia Optima Average Insurance Cost by State for 2023
U.S. State Annual Cost Six-month Cost Monthly Cost
Alabama$1,554$777$130
Alaska$1,314$657$110
Arizona$1,586$793$132
Arkansas$1,804$902$150
California$2,080$1,040$173
Colorado$1,848$924$154
Connecticut$1,920$960$160
Delaware$1,958$979$163
Florida$2,132$1,066$178
Georgia$1,762$881$147
Hawaii$1,188$594$99
Idaho$1,242$621$104
Illinois$1,518$759$127
Indiana$1,296$648$108
Iowa$1,166$583$97
Kansas$1,698$849$142
Kentucky$1,846$923$154
Louisiana$2,040$1,020$170
Maine$1,052$526$88
Maryland$1,606$803$134
Massachusetts$1,878$939$157
Michigan$2,332$1,166$194
Minnesota$1,484$742$124
Mississippi$1,686$843$141
Missouri$1,944$972$162
Montana$1,586$793$132
Nebraska$1,450$725$121
Nevada$2,058$1,029$172
New Hampshire$1,166$583$97
New Jersey$2,082$1,041$174
New Mexico$1,426$713$119
New York$1,992$996$166
North Carolina$1,090$545$91
North Dakota$1,436$718$120
Ohio$1,216$608$101
Oklahoma$1,900$950$158
Oregon$1,614$807$135
Pennsylvania$1,658$829$138
Rhode Island$2,130$1,065$178
South Carolina$1,454$727$121
South Dakota$1,774$887$148
Tennessee$1,644$822$137
Texas$1,606$803$134
Utah$1,516$758$126
Vermont$1,266$633$106
Virginia$1,160$580$97
Washington$1,562$781$130
West Virginia$1,544$772$129
Wisconsin$1,244$622$104
Wyoming$1,536$768$128

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2020 Kia Optima, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Kia Optima trim levels. Physical damage deductibles are $500 and rates are averaged for all Zip Codes in each state.Data last updated on August 11, 2023
Kia Optima insurance rates by U.S. state

Additional Facts and Figures

Here are some bonus insights that may be of interest.

  • Lots of policy discounts equal 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 other policy discounts which could save the average driver as much as $296 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 of minor driving infractions have the potential to increase policy costs by at least $460 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 $52 and $168 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 $272 per year over a decent credit rating of 670-739. Conversely, a weak credit rating could cost as much as $316 more per year.
  • The higher the deductibles, the lower the cost. Jacking up your deductibles from $500 to $1,000 could save around $246 per year for a 40-year-old driver and $480 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 $258 per year for a 40-year-old driver and $504 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 $2,066 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 $3,454 per year, while a 20-year-old woman pays $2,564, a difference of $890 per year in favor of the women by a long shot. But by age 50, the male rate is $1,582 and female driver rates are $1,550, a difference of only $32.

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 use the 2020 model year for rate calculation purposes.