Trying to find cheaper insurance coverage rates for your Kia Soul EV? If you’re new to shopping for insurance coverage quotes online, it’s easy to be confused by the large number insurance agents and companies vying for business.
Shopping for more affordable coverage is not that difficult. Just about anyone who shops for insurance should be able to lower their premiums. Although consumers can benefit by having an understanding of the way companies market insurance on the web and take advantage of how the system works.
Shopping for lower auto insurance rates can be a lot of work if you don’t utilize the best way to get rate quotes. You could spend your day discussing policy coverages with agents in your area, or you could use the web to get pricing more quickly.
All the larger companies participate in an industry program that allows shoppers to only type in their quote data once, and each participating company returns a rated price based on that information. This system prevents you from having to do repetitive form submissions to each company.
To access this free quoting program, click to open in new window.
One minor caviat to pricing coverage this way is you don’t know exactly which insurance companies to get pricing from. If you wish to select individual companies to compare rates, we have assembled a list of low cost auto insurance companies in your area. Click here to view list.
Whichever method you choose, make sure you compare the exact same coverage information on every price quote you get. If you are comparing different values for each quote then you won’t be able to make a fair comparison for your Kia Soul EV. Even a minor difference in coverage limits could throw off the whole comparison. And when comparison shopping, comparing all the rates in your area helps improve the odds of finding a better price.
Auto insurance is easily one of your largest bills, but you might already qualify for some discounts that many consumers don’t even know exist. Certain credits will be shown at the time you complete a quote, but less common discounts must be manually applied before being credited.
You should keep in mind that some credits don’t apply to all coverage premiums. Some only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like you can get free auto insurance, companies don’t profit that way. Any qualifying discounts will definitely reduce your policy cost.
For a list of insurers with the best auto insurance discounts, click here to view.
When choosing coverage for your personal vehicles, there really is no “perfect” insurance plan. Each situation is unique.
For example, these questions may help highlight if your insurance needs may require specific advice.
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form.
Smart consumers have a good feel for some of the things that aid in calculating the level of your policy premiums. When you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may result in cheaper rates. Lots of things are used in the calculation when quoting car insurance. Some of the criteria are obvious like an MVR report, although others are more obscure like your vehicle usage or how safe your car is.
Car insurance providers like 21st Century, Allstate and State Farm regularly use ads on TV and radio. All the ads advertise claims that you’ll save big if you just switch your policy. How do they all give you a better price? Here is how they do it.
Companies have specific characteristics for a prospective insured that will generate a profit. A good example of this type of risk profile might be over the age of 50, has a low-risk occupation, and has great credit. Any driver that matches those criteria receives the best auto insurance rates and therefore will save some money.
Potential insureds who do not match the requirements may be required to pay higher prices and the customer buying from someone else. The ads say “drivers that switch” not “everybody who quotes” will save that much if they switch. That is how insurance companies can claim big savings.
Each company has different criteria, so you really need to quote coverage with many companies. It is just not possible to predict the company that will have better prices than you’re paying now.
Having a good grasp of insurance can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.
Medical payments coverage and PIP
Med pay and PIP coverage provide coverage for expenses for things like surgery, pain medications, dental work and doctor visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your 2016 Kia Soul EV.
Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally the UM/UIM limits do not exceed the liability coverage limits.
Coverage for liability
Liability insurance protects you from injuries or damage you cause to other’s property or people that is your fault. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage pays for claims such as pain and suffering, bail bonds and loss of income. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.
This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like hitting a deer, falling objects and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims such as crashing into a building, scraping a guard rail and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also bump up the deductible to save money on collision insurance.
As you prepare to switch companies, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where consumers will sacrifice full coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal is to find the BEST coverage at an affordable rate and still be able to protect your assets.
Some car insurance companies may not offer online quoting and many times these regional insurance providers only sell coverage through local independent agencies. Budget-conscious 2016 Kia Soul EV insurance is definitely available on the web and from local agencies, so you should be comparing quotes from both in order to have the best chance of saving money.
We just showed you many ideas to save on 2016 Kia Soul EV insurance. The key thing to remember is the more you quote insurance coverage, the higher your chance of finding affordable insurance coverage. Drivers may discover the best price on car insurance is with a small local company.
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