2014 Kia Soul Insurance Rates – 8 Policy Discounts

Online price comparisons for the cheapest insurance coverage might seem complicated at first if you have never taken advantage of quoting online. Don’t let that stop you because online price shopping is actually quite simple.

It’s a good habit to compare rates yearly because prices go up and down regularly. If you had the lowest rate for Soul insurance a few years ago other companies may now be cheaper. Forget anything you know (or think you know) about car insurance because it’s time to teach you the easiest way to reduce your cost while increasing coverage.

Use discounts on car insurance

The cost of insuring your cars can be expensive, but you may qualify for discounts to help offset the cost. Some trigger automatically at quote time, but a few need to be specifically requested prior to getting the savings.

  • Discount for Swiching Early – A few larger companies give discounts for switching policies prior to the expiration date on your current policy. You could save around 10% when you buy insurance coverage online.
  • More Vehicles More Savings – Buying coverage for all your vehicles on one policy can reduce rates for all insured vehicles.
  • Service Members Pay Less – Being deployed in the military could be rewarded with lower car insurance rates.
  • Organization Discounts – Being a member of a professional or civic organization may earn a discount on your next renewal.
  • Passenger Safety Discount – Factory options such as air bags could see savings up to 30%.
  • Onboard Data Collection – People who choose to allow their car insurance company to monitor their driving habits by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they have good driving habits.
  • Senior Citizens – Drivers over the age of 55 may be able to get reduced rates for Soul insurance.
  • Low Mileage Discounts – Keeping the miles down on your Kia may allow you to get substantially lower rates.

You should keep in mind that most discounts do not apply to the entire cost. Most only apply to individual premiums such as liability and collision coverage. So even though you would think you could get a free car insurance policy, it just doesn’t work that way.

If you would like to choose from a list of car insurance companies offering car insurance discounts, follow this link.

The cheapest insurance price quotes online

To find the best insurance rates, there are several ways to compare rate quotes from insurance companies in your area. The easiest way by far to find affordable 2014 Kia Soul insurance rates is to perform an online rate comparison. This is very easy and can be done in a couple of different ways.

  1. The fastest and easiest way consumers can make multiple comparisons is to use a rate comparison form (click to open form in new window). This quick form saves time by eliminating boring form submissions for each price estimate. One simple form gets prices estimates from several companies. This is perfect if you don’t have a lot of time.
  2. A slightly less efficient method to get quotes online consists of visiting each company’s website to complete a price quote. For sake of this example, let’s say you want comparison quotes from GEICO, 21st Century and State Farm. You would be required to visit each site to input your insurance information, which can be really labor intensive.

    For a list of links to companies insuring cars in your area, click here.

You can choose any of those ways to find more affodable coverage, but do your best to enter the exact same coverages and limits on every price quote you get. If each company quotes different liability limits it’s impossible to truly determine the lowest rate. Just a small difference in insurance coverages or limits can result in a big premium difference. And when price shopping your coverage, obtaining a wide range of quotes increases the change that you will find more affordable rates. Some smaller insurers to not give online price quotes, so it’s important to compare price estimates from them, too.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out whether you may require specific advice.

  • What happens if I owe more than my 2014 Kia Soul is worth?
  • When do I need to add a new car to my policy?
  • Do I need special endorsements for business use of my vehicle?
  • Should I buy only the required minimum liability coverage?
  • Does my car insurance cover rental cars?
  • When can my company non-renew my policy?
  • Exactly who is provided coverage by my policy?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance coverage information

Understanding the coverages of your policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Collision – This pays to fix your vehicle from damage resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a ditch, driving through your garage door, crashing into a building and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Auto liability insurance – This provides protection from damages or injuries you inflict on people or other property by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things like pain and suffering, legal defense fees, court costs and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Kia Soul.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like rehabilitation expenses, EMT expenses, ambulance fees, surgery and hospital visits. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverages – This coverage pays to fix your vehicle from 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 pays for things such as damage from a tornado or hurricane, hitting a bird and hitting a deer. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Don’t be a big spender

Cheaper insurance can be sourced on the web and from local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some companies do not offer internet price quotes and most of the time these smaller companies work with independent insurance agents.

Drivers who switch companies do it for a number of reasons such as denial of a claim, extreme rates for teen drivers, high prices and even poor customer service. Regardless of your reason for switching companies, finding a new company is not as difficult as it may seem.

When you buy insurance coverage online, make sure you don’t buy poor coverage just to save money. There are a lot of situations where consumers will sacrifice liability coverage limits to discover at claim time that they should have had better coverage. Your strategy should be to purchase a proper amount of coverage for the lowest price, but do not skimp to save money.

Additional information