Kia Rio Car Insurance Cost for 2023

How much does Kia Rio car insurance cost? We analyzed insurance rates for the LX and S trim levels to see how average prices compared to the rest of the compact car segment.

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How much is average Kia Rio car insurance?

Kia Rio car insurance rates average $1,644 a year, or about $137 a month. With the average small car costing $1,706 a year to insure, the Kia Rio could save around $62 or more each year.

Average Kia Rio insurance cost per month ranges from $136 to $138 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 $1,308 per year for a 60-year-old driver with high policy deductibles to a high policy cost of $3,600 per year for a driver age 20 with a $250 policy deductible.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2022 Kia Rio with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Kia Rio trim levels.Data last updated on January 23, 2023
Kia Rio Insurance Cost Summary
Kia Rio Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,884$240
$500$3,236$270
$250$3,600$300
30$1,000$1,492$124
$500$1,696$141
$250$1,906$159
40$1,000$1,456$121
$500$1,644$137
$250$1,836$153
50$1,000$1,336$111
$500$1,502$125
$250$1,674$140
60$1,000$1,308$109
$500$1,470$123
$250$1,638$137

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 $1,470 up to the average rate for a 20-year-old driver of $3,236 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 $6,246 while a 16-year-old female would pay about $5,520. By age 18, rates drop to around $5,284 for males and $4,572 for female drivers.

How does Kia Rio car insurance cost rank?

The Kia Rio ranks ninth out of 20 total comparison vehicles in the small car class. The Rio costs an average of $1,644 per year for full coverage insurance, while the category average rate is $1,706 per year, a difference of $62 per year.

When comparing rates to the top-selling vehicles in the small car segment, insurance for a Kia Rio costs $2 more per year than the Honda Civic, $10 more than the Toyota Corolla, $28 more than the Nissan Sentra, and $230 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.

Insurance Cost Comparison: Kia Rio vs Small Cars
Rank Make/Model Insurance Cost Difference
1Subaru Impreza$1,436-$208
2Chevrolet Spark$1,446-$198
3Volkswagen Golf$1,592-$52
4Volkswagen Jetta$1,612-$32
5Nissan Sentra$1,616-$28
6Toyota Corolla$1,634-$10
7Honda Civic$1,642-$2
8Mazda 3$1,642-$2
9Kia Rio$1,644--
10Toyota Prius$1,652$8
11Hyundai Accent$1,686$42
12Hyundai Veloster$1,690$46
13Kia Forte$1,694$50
14Nissan Leaf$1,768$124
15Hyundai Ioniq$1,774$130
16Honda Clarity$1,822$178
17Hyundai Elantra$1,874$230
18Nissan Versa$1,880$236
19Mitsubishi Mirage G4$1,884$240
20Toyota Mirai$2,134$490

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2022 model year, 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 vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Insurance Cost Comparison: Kia Rio vs Small Cars

 What is the cheapest Kia Rio insurance?

With Kia Rio insurance cost ranging from $1,626 to $1,654 annually for an average driver, the cheapest trim level to insure is the LX. Expect to pay around $136 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.

2022 Kia Rio Insurance Cost by Trim Level
Kia Rio Trim Level Annual Policy 6-month Policy Per Month
LX$1,626$813$136
S$1,648$824$137
S 5-door Hatchback$1,654$827$138

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2022 Kia Rio, 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 January 23, 2023
Kia Rio Insurance Cost by Trim Level

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 $560 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.

Kia Rio Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2022 Kia Rio$3,236$1,644$1,470
2021 Kia Rio$2,990$1,506$1,352
2020 Kia Rio$2,964$1,494$1,340
2019 Kia Rio$3,112$1,568$1,408
2018 Kia Rio$3,264$1,642$1,476
2017 Kia Rio$3,156$1,588$1,428
2016 Kia Rio$2,662$1,342$1,204
2015 Kia Rio$2,464$1,246$1,118
2014 Kia Rio$2,190$1,110$992
2013 Kia Rio$2,144$1,084$970

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a 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 January 23, 2023
Kia Rio Insurance Cost by Model Year

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 $496 per year, depending on the deductible level and the age of the driver rated on the vehicle.