2013 Kia Soul Car Insurance Cost – 8 Tricks for Cheaper Prices

Looking for lower insurance coverage rates for your Kia Soul? Did a good deal turn into overpriced insurance coverage? Believe me, there are lots of people in the same boat.

Consumers have so many car insurance companies to pick from, and though it is a good thing to have a choice, lots of choices makes it harder to compare rates and cut insurance costs.

Shopping for the lowest cost auto insurance coverage can be fairly easy. Essentially every driver who is shopping for auto insurance most likely will be able to lower their premiums. Although consumers can benefit by having an understanding of how companies determine prices and take advantage of how the system works.

Cheap insurance rates with discounts

Not too many consumers would say insurance is affordable, but companies offer discounts that could help you make your next renewal payment. Some of these disounts will be visible at the time you complete a quote, but lesser-known reductions have to be specifically requested before you get the savings.

  • Good Grades Discount – This discount can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
  • Senior Citizen Rates – Seniors may receive reduced rates for Soul insurance.
  • Low Mileage Discounts – Driving fewer miles can qualify you for substantially lower insurancerates.
  • Payment Discounts – If paying your policy premium upfront instead of paying each month you can avoid the installment charge.
  • Discount for Home Ownership – Being a homeowner may earn you a small savings since home ownership requires a higher level of personal finance.
  • Save with More Vehicles Insured – Buying a policy with all your vehicles on one policy can get a discount on all vehicles.
  • Theft Prevention System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems help deter theft and that can save you a little bit as well.
  • Policy Bundle Discount – If you can combine your home and auto policy with the same insurance company you could earn a discount of 10% to 20% off each policy.

We need to note that most discounts do not apply to all coverage premiums. Most only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, you’re out of luck.

Larger insurance companies and the discounts they provide are outlined below.

  • The Hartford may have discounts that include defensive driver, driver training, anti-theft, vehicle fuel type, air bag, bundle, and good student.
  • American Family offers discounts including accident-free, good student, mySafetyValet, TimeAway discount, early bird, defensive driver, and Steer into Savings.
  • Progressive offers premium reductions for multi-vehicle, continuous coverage, online signing, good student, online quote discount, homeowner, and multi-policy.
  • Travelers offers discounts for home ownership, payment discounts, good student, student away at school, hybrid/electric vehicle, multi-policy, and continuous insurance.
  • Farmers Insurance has savings for switch companies, youthful driver, alternative fuel, teen driver, bundle discounts, distant student, and mature driver.
  • USAA policyholders can earn discounts including multi-policy, family discount, good student, loyalty savings, annual mileage, defensive driver, and new vehicle.
  • Liberty Mutual may offer discounts for safety features, exclusive group savings, good student, multi-car, and hybrid vehicle.

When getting a coverage quote, ask all companies you are considering to apply every possible discount. Some of the earlier mentioned discounts might not apply in your area. For a list of insurers that offer many of these discounts, follow this link.

The largest companies are not always cheapest

Auto insurance providers like Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on television and other media. All the ads seem to make the promise that people will save if you switch your policy. How do they all charge you a lower premium? It’s all in the numbers.

Many companies can use profiling for the type of customer that will most likely be profitable. For instance, this type of risk profile might be described as over the age of 50, has no claims, and drives less than 10,000 miles a year. A propective insured that hits that “sweet spot” will probably get cheap car insurance rates and therefore will save quite a bit of money when switching.

People who don’t qualify for those criteria will see more expensive rates with the end result being the driver buying from a lower-cost company. The wording the ads use say “customers who switch” not “everyone that quotes” can get the lowest rates when switching. That’s why companies can truthfully advertise the savings.

This really drives home the point why drivers should compare free car insurance quotes often. You cannot predict which insurance companies will give you the biggest savings.

Tailor your auto insurance coverage to you

When buying the right insurance coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions might point out whether your personal situation would benefit from professional advice.

  • Why is insurance for a teen driver so high?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have coverage if my license is suspended?
  • Is my 2013 Kia Soul covered for smoke damage?
  • Should I sign the liability waiver when renting a car?
  • What can I do if my company won’t pay a claim?
  • What is the rate difference between pleasure use and commuting?
  • Who is covered by my policy?
  • Do I need to file an SR-22 for a DUI in my state?
  • What vehicles should carry emergency assistance coverage?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance 101

Understanding the coverages of a insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages found on most insurance policies.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for expenses for things like chiropractic care, EMT expenses, pain medications and funeral costs. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Liability coverage

This coverage provides protection from injuries or damage you cause to people or other property. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as court costs, attorney fees and pain and suffering. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hitting a deer, a broken windshield, damage from getting keyed, theft and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto collision coverage

This pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a building, colliding with a tree, damaging your car on a curb, sustaining damage from a pot hole and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Smart shoppers get results

Lower-priced 2013 Kia Soul insurance is definitely available online in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. Some insurance companies may not provide online rate quotes and most of the time these regional insurance providers prefer to sell through independent agents.

We covered many ideas to get a better price on 2013 Kia Soul insurance. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding cheaper car insurance. You may even find the lowest rates come from a company that doesn’t do a lot of advertising. Regional companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as GEICO and State Farm.

Even more information can be found by following these links: