- Kia Rio car insurance costs an average of $1,494 per year, $747 for a 6-month policy, or $125 per month.
- The Rio ranks #7 out of 20 vehicles in the small car class for insurance affordability.
- Drivers can find the cheapest Kia Rio insurance on the Rio LX trim level at $1,478 per year.
How much is average Kia Rio car insurance?
Kia Rio car insurance rates average $1,494 a year, or about $125 a month. With the average small car costing $1,557 a year to insure, the Kia Rio could save around $63 or more each year.
Average Kia Rio insurance cost per month ranges from $123 to $125 depending on the trim level being insured. This amount will vary depending on where you live, however.
The following chart demonstrates how average Kia Rio car insurance rates fluctuate depending on the age of the driver and policy deductibles. The values shown vary from as low as $1,182 per year for a 60-year-old driver with high policy deductibles to a high policy cost of $3,270 per year for a driver age 20 with a $250 policy deductible.
As with all auto insurance policies, the higher the deductibles, the lower the policy costs. In the chart above, insurance rates for a 2022 Kia Rio range from an average rate for a 60-year-old driver of $1,334 up to the average rate for a 20-year-old driver of $2,932 per year.
Expect to pay much higher rates for teen drivers on a Kia Rio. For example, a 16-year-old male driver with a clean driving record would pay around $5,634 while a 16-year-old female would pay about $4,980. By age 18, rates drop to around $4,776 for males and $4,132 for female drivers.
How does Kia Rio car insurance cost rank?
The Kia Rio ranks #7 out of 20 total comparison vehicles in the small car class. The Rio costs an average of $1,494 per year for full coverage insurance, while the category average rate is $1,557 per year, a difference of $63 per year.
When comparing rates to the top-selling vehicles in the small car segment, insurance for a Kia Rio costs $4 less per year than the Honda Civic, $8 more than the Toyota Corolla, $18 more than the Nissan Sentra, and $212 less than the Hyundai Elantra.
The table below shows how well average car insurance rates for a 2022 Kia Rio compare to all 20 vehicles in the compact car segment.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Subaru Impreza | $1,312 | -$182 |
| 2 | Chevrolet Spark | $1,320 | -$174 |
| 3 | Volkswagen Golf | $1,456 | -$38 |
| 4 | Volkswagen Jetta | $1,470 | -$24 |
| 5 | Nissan Sentra | $1,476 | -$18 |
| 6 | Toyota Corolla | $1,486 | -$8 |
| 7 | Kia Rio | $1,494 | -- |
| 8 | Honda Civic | $1,498 | $4 |
| 9 | Mazda 3 | $1,500 | $6 |
| 10 | Toyota Prius | $1,512 | $18 |
| 11 | Hyundai Accent | $1,530 | $36 |
| 12 | Hyundai Veloster | $1,546 | $52 |
| 13 | Kia Forte | $1,550 | $56 |
| 14 | Nissan Leaf | $1,616 | $122 |
| 15 | Hyundai Ioniq | $1,620 | $126 |
| 16 | Honda Clarity | $1,666 | $172 |
| 17 | Hyundai Elantra | $1,706 | $212 |
| 18 | Nissan Versa | $1,708 | $214 |
| 19 | Mitsubishi Mirage G4 | $1,714 | $220 |
| 20 | Toyota Mirai | $1,956 | $462 |
What is the cheapest Kia Rio insurance?
With Kia Rio insurance cost ranging from $1,478 to $1,504 annually for an average driver, the cheapest trim level to insure is the LX. Expect to pay around $123 per month for full coverage Rio insurance.
The table below shows the average annual and semi-annual car insurance rates, plus a monthly budget estimate, for each Kia Rio model trim level.
| Kia Rio Trim Level | Annual Policy | 6-month Policy | Per Month |
|---|---|---|---|
| LX | $1,478 | $739 | $123 |
| S | $1,496 | $748 | $125 |
| S 5-door Hatchback | $1,504 | $752 | $125 |
Does a used Kia Rio cost less to insure?
Opting for a 2013 Rio instead of a shiny 2022 model year could save up to $500 per year. Newer models have higher replacement cost values, which causes insurance cost to be higher.
The following data table details average Kia Rio car insurance policy costs for different driver age groups and for the 2013 through 2022 model years.
| Model Year | Driver Age 20 | Age 30 | Age 40 | Age 50 | Age 60 |
|---|---|---|---|---|---|
| 2022 | $2,932 | $1,540 | $1,494 | $1,360 | $1,334 |
| 2021 | $2,700 | $1,410 | $1,364 | $1,248 | $1,222 |
| 2020 | $2,666 | $1,390 | $1,346 | $1,230 | $1,206 |
| 2019 | $2,822 | $1,464 | $1,420 | $1,302 | $1,278 |
| 2018 | $2,958 | $1,526 | $1,490 | $1,366 | $1,336 |
| 2017 | $2,882 | $1,484 | $1,450 | $1,330 | $1,302 |
| 2016 | $2,430 | $1,262 | $1,228 | $1,122 | $1,100 |
| 2015 | $2,284 | $1,186 | $1,154 | $1,056 | $1,032 |
| 2014 | $2,018 | $1,054 | $1,024 | $934 | $916 |
| 2013 | $1,970 | $1,022 | $994 | $910 | $892 |
Eventually, as the vehicle ages it is a good idea to remove physical damage coverage from a policy. As a Kia Rio gets older and loses value because of depreciation, the extra cost of full coverage starts to exceed the benefits.
Dropping physical damage insurance coverage on an older Kia Rio may save $466 per year, depending on the deductible level and the age of the driver rated on the vehicle.
