2015 Kia Soul Insurance Cost

Want cheaper insurance rates for your Kia Soul? I really doubt anyone fancies paying their premiums for insurance, especially knowing they could find lower prices if they just compared rates.

Because there are so many insurance companies to choose from, it’s nearly impossible to locate the right insurance provider.

Consumers should take time to price shop coverage quite often because insurance prices fluctuate regularly. Just because you had the lowest rates on Soul insurance two years ago you may be paying too much now. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the quickest way to find great coverage at a great price.

The method we recommend to compare rates is to take advantage of the fact auto insurance companies provide online access to give you rate quotes. To get started, all you need to do is give them some information such as daily mileage, if you went to college, whether your vehicle is owned or leased, and your occupation. The data is instantly sent to all major companies and they return quotes with very little delay.

Get lower rates by taking advantage of discounts

Auto insurance is not inexpensive, but companies offer discounts that can help lower your rates. Some trigger automatically at the time you complete a quote, but some discounts are required to be inquired about before being credited.

  • Discount for Swiching Early – A few companies allow discounts for switching companies prior to the expiration date on your current policy. It can save you around 10%.
  • Active Service Discounts – Being on active duty in the military could be rewarded with lower prices.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
  • Drive Less and Save – Driving less may allow you to get lower rates on the low mileage vehicles.
  • Discounts for New Vehicles – Putting coverage on a new car can save up to 30% since new vehicles have better safety ratings.
  • No Claim Discounts – Insureds with no claims or accidents have much lower rates when compared to insureds who have frequent claims or accidents.
  • Driver Training Discounts – Successfully completing a course teaching safe driver skills could cut 5% off your bill and also improve your driving technique.
  • Data Collection Discounts – Drivers who agree to allow companies to look at driving habits remotely such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates if they are good drivers.
  • Passive Restraint Discount – Factory air bags can get savings of 20% or more.
  • Multi-Vehicle Discounts – Buying insurance for multiple cars or trucks on the same auto insurance policy qualifies for this discount.

As is typical with insurance, some credits don’t apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky. Any qualifying discounts will help lower your premiums.

To find companies that offer many of these discounts, click this link.

How much insurance do I need?

When choosing the right insurance coverage for your vehicles, there really is no cookie cutter policy. Every situation is different so your insurance should reflect that These are some specific questions could help you determine whether you would benefit from professional advice.

  • What is an SR-22 filing?
  • How many claims can I have before being cancelled?
  • What is UM/UIM insurance?
  • When can I cancel my policy?
  • Should I bundle my homeowners policy with my auto?
  • Do I need special endorsements for business use of my vehicle?
  • Do I have newly-aquired coverage?
  • Do I need higher collision deductibles?
  • How can I get high-risk coverage after a DUI?
  • Am I covered when driving someone else’s vehicle?

If it’s difficult to answer those questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Auto insurance coverage information

Having a good grasp of your policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Listed below are typical coverages found on most insurance policies.

Collision – This will pay to fix damage to your Soul from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a parking meter, backing into a parked car, crashing into a ditch and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – This gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Kia Soul.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical expense coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as pain medications, X-ray expenses, funeral costs, ambulance fees and dental work. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from flooding, theft, hail damage, rock chips in glass and falling objects. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Coverage for liability – This protects you from damage or injury you incur to a person or their property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things like emergency aid, loss of income, medical expenses and pain and suffering. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.