Cheap Insurance Kansas City

The Heart of America

There’s a good reason Kansas City, Missouri is called “The Heart of America.” The city is near the country’s major population center and geographical center. But there’s even more to love about KC. It’s a major jazz music hub, has casinos, amazing barbecue, and some of the best performing arts centers in the nation! The city has undergone extensive downtown redevelopment, with the purpose of attracting more and more tourism dollars. While this is great for the local economy, it also makes it harder for residents to find all the cheap insurance Kansas City can offer. This is because rapid growth causes insurance companies to restructure their rates more frequently.

If it’s been more than six months since you looked at your insurance policies, now is the perfect time. There is a great chance you’re on an older rating structure, so there is probably a cheaper option for you out there.

Facts about Kansas City

Kansas City is one of the nation’s earliest major cities. Founded in the 1830s as a Missouri River port town, the city was incorporated in 1850 after the establishment of the Kansas Territory. Since then its economy has shifted from transport to auto and drug manufacturing, to agriculture and business. The Federal Government and health care industry are now large employers, and contribute to the economic stability of its residents.

  • The median income in KC is just under $50,000. Paired with the lower-than-average cost of living, the city is very affordable for middle-class families.
  • KC is the 37th largest city in the US, with a population of just under half a million.
  • Local breweries provide extra attraction for tourists, as well as the Kansas City Underground. The Underground is a network of “speakeasies,” giving the city a quirky feel.
  • Tourism is managed by Visit KC, which is the city’s official tourism site. A quick visit can give local residents and tourists pages of events and attractions. It’s one of the best tourism sites we’ve seen, with frequent updates and an active event calendar.

While we could talk about Kansas City all day, we know you’re here for insurance tips. So let’s break down the types of insurance available in KC, so you can get the deals you need.

Car Insurance

Maybe it’s because of the city’s auto manufacturing history, but we’ve found that KC loves its classic cars! There are tons of “joy ride” or “cruising” events, and various clubs to belong to. Most of you have a daily commute, but take some time over the weekend to take a road trip up and down the Missouri River. Just being around nature has a calming effect, which can help take the stress off your week. Thankfully Kansas City residents experience some of the shortest commute times in the nation, with an average of just 20 minutes! The rest of us get even more jealous when we think about the great options for cheap insurance Kansas City residents enjoy. Remember, the shorter your commute, the cheaper your rates!

We’ll talk about more ways to lower your car insurance, but first you need to know the basics.

Minimum Coverage in Kansas City

The state of Missouri requires certain minimum coverage, which obviously includes Kansas City. Here they are:

  • Bodily Injury (BI) Liability, per person, per accident: $25,000
  • BI Liability for multiple people per accident: $50,000
  • Property Damage Liability, per accident: $10,000

This coverage is pretty typical for other states, but doesn’t give you a whole lot of protection. Especially for you or your vehicle. To make sure you have proper coverage, we recommend some (or all) of these additions.

  • Increased liability. This is probably the most overlooked. But increasing your liability is usually the cheapest upgrade. Considering the cost of medical care, it could help protect you against lawsuit if you seriously injure someone or cause more than $10,000 in property damage.
  • Collision coverage: Part of what is typically known as “full coverage,” this will cover damage to your vehicle if you are at-fault in an accident.
  • Comprehensive coverage: Covers your vehicle against theft or other damage not related to an auto collision (like if a tree falls on your car).
  • Rental coverage: Reimburses you for rental fees while your car is being repaired (or if you’re shopping for a replacement vehicle due to a total loss).
  • Towing or Roadside Assistance
  • Medical Payments coverage: Pays for ambulance rides or other immediate care.

Let’s talk about discounts

  • Discounts for safety courses taken – taking a safety course proves you are a safe driver.
  • Marital discounts
  • Good driver discounts – given for having a clean driving record.
  • Multi-car discounts – Make sure all your cars are on the same insurance policy.
  • Multi-policy discounts- Combining your auto with your home or renter’s policy can save you even more.
  • Association discounts – Such as triple-A or union memberships
  • Education discounts – Some companies give discounts for having a post-high school education.
  • Occupation discounts – Some employment fields offer discounts, such as government or health-care work.
  • Mileage discounts- Keeping low annual miles on your vehicle will keep your premiums lower.

Car Quote

Motorcycle Insurance

 

Motorcycle insurance in Kansas City is required for all riders. The basic minimums match the requirements for car insurance, at $25,000/$50,000/$10,000 for Bodily Injury/Property Damage liability. But remember, this only pays for damage you cause, and will leave you at risk if the accident is your fault. Most motorcycle accidents aren’t the fault of the rider, so many people try to save by buying only minimum coverage. But if you take the time to look at all the options for cheap motorcycle insurance Kansas City can offer, you can extra coverage at a low cost.

What are my options?

  • Because of the higher risk of a total loss, it is recommended you purchase physical damage coverage with your Motorcycle Insurance policy (Comprehensive and Collision coverage)
  • If you are financing your motorcycle most banks will require physical damage coverage with up to a $1000 deductible
  • You can purchase policies with specific coverage for your accessories (helmets, jackets, boots, etc.)
  • Rates can vary depending on frequency of use and the “riding season.”
  • Mopeds are vehicles with two or three wheels (can be propelled by pedals) with a maximum speed of 30 mph and an engine with less than 50 ccs.
  • All cycles with more powerful engines and a faster maximum speed are classified as motorcycles/scooters (i.e., Vespas).
  • You will still need to have your current proof of insurance and registration when riding. If you get pulled over, just like in a car, you will need to show these items. Most riders choose to have a special compartment on their bike where they can store this. Others wear in on their person.

Are there other discounts?

Some motorcycle discounts mirror auto insurance. Here are the most common:

  • Discounts for safety courses- there are many safety and training courses available and usually take up one whole day to complete.
  • Discounts for more than one motorcycle- if you have multiple motorcycles or vehicles, you could bundle and save!
  • Discounts for additional products purchased
  • Discounts for being a safe driver- years of a good driving record will save you when searching for the right insurance.

Talk with a broker today and find out more about why motorcycle insurance is so important.
Cycle Quote

 

Homeowners Insurance

Purchasing a home in Kansas City is a great idea. The median home value is around $165,000 right now, so it’s a great time to invest. Whether this is your first home, or your fifth rental property, buying a home is a large investment. In fact it is probably the largest you will ever make. When you are ready to take out a loan for this investment, a lender will want you to have insurance to cover the cost of the home. Even though there are no laws requiring you to have homeowners insurance, your bank will make you attain it, so make sure to get the cheap homeowners insurance Kansas City buyers need to feel protected.

You can even save money on your policy by putting in an alarm system or living in a gated community. Talk to your broker about all of the ways you can get discounts. The best way to do this is by knowing how much protection you are looking for. You could be covered for theft, liability and damages.

 

What does homeowners insurance do for me?

  • When you purchase a home, home lenders require you to have a minimum amount of coverage in order to protect what they are financing.
  • Homeowners insurance is in place in case a disaster such as a fire occurs and your home is destroyed. You will need it insured to pay off the loan on the home and recover damages.
  • You have a few different types of coverage: a cash value coverage, a replacement cost coverage and a guaranteed or exceeded cost coverage.
  • Not every type of damage is covered by homeowners insurance. Ask your agent if you have something specific you would like covered.Usually a standard liability policy with homeowners insurance is around $100,000. When you have a pool in your house, the suggested amount of liability coverage goes up to $500,000. Why? Pools are considered dangerous to visitors.
  • Consider talking with someone who has already attained homeowners insurance and get there opinion.

Calling one of our brokers will allow you to speak to a professional who can help search all the available companies. They’ll ask you all the necessary questions to find you every possible discount.

Home Quote

Life Insurance

Life insurance helps takes care of your loved ones when you are gone. The best gift you can give your loved ones is financial security. Policies can cover funeral expenses, debts, mortgages and obligations. They can give your children money for college, or their first home, and replace your income if the worst happens before you retire. A few minutes of your time can help you find the cheap life insurance Kansas City residents are already finding.

But you don’t have to look at it as an unnecessary expense. Some life insurance policies can actually serve as investments or savings accounts.

Here are the basic types:

Term Life:

  • Term life insurance is temporary because it’s meant to protect you for a certain period of time.
  • It usually comes in 5 year, 10 year, or up to 40 year terms.
  • For example, if you purchase a 20 year term policy, your rate will be locked in for 20 years and will not go up or down in a level term product.
  • If you die within those 20 years, your dependents will receive the money.
  • However if the 20 year term expires and you don’t convert or renew the coverage, you’re no longer covered.
  • The downside to this type of policy is that you will have to replace it at the end of your term. And the older you are the more expensive the premiums get.

Permanent Life:

  • Permanent life insurance provides protection for your entire life.
  • The age limits usually extend to 90 years, but can also come with no limit (in case you live to be over 100)!
  • Most Permanent Life insurance policies can act as an investment. A portion of your payment can be withdrawn or borrowed against.
  • This is known as “cash value.”
  • The catch is that these policies can more expensive than Term Life, or policies that only pay out a “death benefit”.
  • There is a “Permanent Term” option, which the most affordable permanent insurance, although it is more effective as life insurance protection than an investment.

Again, it’s also recommended to speak to a professional. There is a reason insurance agents carry licenses. They’ve spent years studying policies, and can find you the best insurance for your lifestyle.
Life Quote

Health Insurance

Health insurance is a tool that protects you from paying health-care costs out of pocket. We all know how expensive health care is, including the rising cost of medication in America. You might be perfectly healthy, exercising and eating right. But at some point you will need to visit a doctor. It’s just a fact of life. Now that health insurance is a requirement for all US residents, it pays to search for all the many choices for cheap health insurance Kansas City providers have available.

Here are some ways to save on your health insurance:

 

  • Spend more time researching what you need. How often do you go to the doctor? How many family members do you want covered and for how much?
  • Cut your prescription costs, which is part of your out-of-pocket costs.
  • Most insurance plans give you the option to call a nurse practicitioner. Sometimes they can diagnose common illnesses and give advice without having to make an actual appointment. That way you can avoid extra bills or copays.
  • Always look twice at your medical bills. They could have missed something, or added something by mistake. Any time you get a bill, examine each line.
  • Emergency room visits are the most expensive. Try to avoid them. If you can wait to get in with your regular doctor, this is the cheapest option.
  • Take advantage of your free preventative screenings or flu-shots.
  • Ask your doctor if there is a generic version of the medicine they are prescribing. Doctors won’t always give you all your options unless you ask.
  • Always double check with your doctor if the screenings and tests they want to give you are necessary. Especially if you are paying for them out of pocket, or you are close to reaching your annual limits.
  • Practice living healthy and focusing on preventative care. This will save you the most money throughout your life.

Health Quote

Renters Insurance

When you rent a house or apartment, it is still home. And it still contains your assets, heirlooms, and all your personal property. You don’t need to have your name on the deed to want to protect your assets. This overlooked type of policy is actually one of the cheapest. With all the options for cheap renters insurance Kansas City has available, you can easily cover your assets. $25 per month can get you tens of thousands of dollars of personal property protection!

Renters Insurance can cover:

  • Personal property, including all your clothes, furniture, appliances, and valuables. This coverage extends outside your home as well! So if your car is broken into, or your camera is stolen on vacation, your policy will usually cover it!
  • Liability. Just because you don’t own the property doesn’t mean you’re not liability for any accidents or injuries that take place in your home. Make sure you’re covered, because your landlord isn’t.
  • Loss-of-Use coverage will help provide temporary living arrangements if you are forced to move due to flooding, fire, or other loss of your rental.

A few minutes of your time can get you multiple renter’s insurance quotes. You can even lower your car or motorcycle rates by adding a renter’s policy to your existing insurance!

Renters Quote