View 2018 Kia Soul Insurance Rates

Trying to find better insurance coverage rates for your Kia Soul? Locating the lowest cost insurance coverage can appear to be somewhat difficult for people new to quoting and shopping for insurance online. With so many insurance agents and insurers to choose from, how are people able to possibly compare them all to find better rates?

It is always a good idea to do rate comparisons periodically because insurance coverage prices are variable and change quite frequently. Just because you had the lowest price for Soul insurance on your last policy you can probably find a lower rate today. Block out anything you think you know about insurance coverage because I’m going to let you in on the secrets to the only way to lower your rates without sacrificing coverage.

Lower your insurance prices

A large part of saving on car insurance is knowing the different types of things that go into determining car insurance rates. If you understand what impacts premium levels, this helps enable you to make changes that could result in much lower annual insurance costs. Many things are part of the equation when you get a price on insurance. Some are obvious such as traffic violations, although some other factors are not quite as obvious like your vehicle usage and annual miles driven.

  • Mature drivers are lower risk – Older drivers are shown to be more cautious, file fewer claims .Teenage drivers are known to be easily distracted when at the wheel of a vehicle and because of this, their car insurance rates are much higher.
  • Your spouse saves you money – Having a wife or husband may earn you lower rates on your car insurance policy. It usually means you are more responsible and insurance companies reward insureds because drivers who are married are more cautious.
  • Save by driving cars with good safety ratings – Safe vehicles are cheaper to insure. Vehicles engineered for safety reduce occupant injuries and fewer serious injuries translates into fewer and smaller insurance claims which can mean better rates for you. If your Kia Soul scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
  • Do you have a demanding employer? – Did you know your car insurance rates can be affected by your occupation? Jobs like lawyers, executives and emergency personnel are shown to have the highest average rates in part from intense work requirements and long work days. On the other hand, jobs like professors, historians and the unemployed receive lower rates for Soul insurance.
  • Your car’s features help determine rates – Selecting a car model with a theft deterrent system can earn a premium discount. Anti-theft features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart auto theft and help lower rates.
  • The more you drive the more you pay – The more you drive annually the higher your rates will be. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars left parked in the garage can be on a lower rate level than those used for commuting. Ask your agent if your car insurance declarations sheet shows the right rating data, because it can save money. Having an incorrect usage rating on your Soul may be wasting your money.
  • Gender and insurance coverage prices – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both genders cause auto accidents in similar percentages, but the men have accidents that have higher claims. They also get higher numbers of serious violations like driving under the influence (DUI). Young males are several times more likely to be in an accident and therefore pay the highest rates.
  • Obey driving laws and save – Careful drivers get better rates as compared to those with violations. Getting just one speeding ticket may cause rates to rise by as much as twenty percent. Drivers who have gotten careless tickets like DWI, reckless driving or hit and run convictions may be required to maintain a SR-22 with the DMV in their state in order to legally drive.

How to find the cheapest car insurance

Most companies allow consumers to get coverage prices on the web. Doing online quotes is fairly straightforward because you just enter as detailed in the form. After the form is submitted, their rating system automatically orders your driving record and credit report and returns a price quote based on these factors.

Online price estimates makes it easy to compare insurance prices but the time required to go to multiple sites and complete many quote forms is a big time waster. But it is imperative to perform this step if you want to get better prices.

A more efficient way to compare rates uses one form that gets prices from many companies. It’s a real time-saver, eliminates form submissions, and makes quoting online much easier. As soon as the form is sent, it is quoted and you are able to buy any one of the resulting price quotes.

If a lower price is quoted, you can simply submit the application and buy the policy. The entire process can be completed in a matter of minutes and may save quite a bit of money.

To save time and use this form to compare rates, simply click here to open in new window and input your coverage information. To compare your current rates, we recommend that you enter the limits and deductibles as close as possible to your current policy. This ensures you are getting comparison quotes based on identical coverages.

Don’t listen to company ads

Big name companies like 21st Century, Allstate and State Farm consistently run television and radio advertisements. All the ads advertise the message that drivers can save some big amount just by moving your policy. Is it even possible that every company can make the same claim? It’s all in the wording.

Insurance companies are able to cherry pick for the type of driver that will add to their bottom line. For instance, a profitable customer might be described as a married male, has no prior claims, and does not commute to work. A driver who fits that profile will get a cheap rate quote and have a good chance to save quite a bit of money when switching.

People who fall outside the requirements may be forced to pay higher premium rates and the prospect going elsewhere. If you pay attention, the ads say “people that switch” not “everyone that quotes” save the amount stated. That’s the way companies can truthfully make claims that they all have the best auto insurance rates.

Because of the profiling, drivers should get price quotes at each policy renewal. It’s not possible to predict with any certainty which company will have the lowest rates for your situation.

Discounts for affordable insurance rates

Insurance is not cheap nor is it fun to buy but companies offer discounts to help bring down the price. A few discounts will automatically apply when you quote, but a few need to be requested specifically prior to getting the savings.

  • Data Collection Discounts – Drivers who elect to allow data collection to track where and when they drive by using a telematics device in their vehicle like Allstate’s Drivewise may get a rate reduction as long as they are good drivers.
  • Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in school.
  • Discount for New Cars – Buying a new car model is cheaper due to better safety requirements for newer models.
  • Fewer Miles Equal More Savings – Driving fewer miles can earn lower insurancerates on the low mileage vehicles.
  • Accident Free – Insureds who avoid accidents and claims pay less compared to bad drivers.

As is typical with insurance, some credits don’t apply to your bottom line cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. So when it seems like adding up those discounts means a free policy, you’re out of luck.

Auto insurance companies who might offer some of the above discounts are:

It’s a good idea to ask every insurance company how many discounts you can get. Some of the earlier mentioned discounts might not be offered everywhere. If you would like to see a list of insurers that provide some of the discounts listed above, click here.

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone’s situation is a little different.

These are some specific questions can aid in determining if your insurance needs might need an agent’s assistance.

  • What are the best liability limits?
  • Are my tools covered if they get stolen from my vehicle?
  • What is medical payments coverage?
  • Do I pay less for low miles?
  • What is the rate difference between pleasure use and commuting?
  • Will I lose any money if I cancel my policy before it expires?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance 101

Having a good grasp of a insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Comprehensive coverages – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hail damage, vandalism, hitting a deer, falling objects and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for expenses such as funeral costs, X-ray expenses, dental work, rehabilitation expenses and nursing services. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Collision coverage – Collision insurance pays for damage to your Soul caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like sideswiping another vehicle, damaging your car on a curb, sustaining damage from a pot hole, colliding with a tree and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Kia Soul.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for liability – This provides protection from damages or injuries you inflict on other people or property in an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims like legal defense fees, repair bills for other people’s vehicles, court costs and structural damage. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Final thoughts

Budget-conscious 2018 Kia Soul insurance is available from both online companies and from local agencies, and you need to comparison shop both to have the best rate selection. Some companies do not offer online price quotes and most of the time these regional carriers only sell through local independent agents.

As you quote car insurance, make sure you don’t skimp on critical coverages to save a buck or two. There are a lot of situations where an insured dropped liability limits or collision coverage and learned later they didn’t purchase enough coverage. Your aim should be to get the best coverage possible at the lowest possible cost, but don’t skip important coverages to save money.

Drivers switch companies for a variety of reasons including questionable increases in premium, extreme rates for teen drivers, policy cancellation and being labeled a high risk driver. Regardless of your reason, finding a great new company is not as difficult as it may seem.

More detailed auto insurance information is available in these articles: