Cheaper 2016 Kia Soul Insurance Quotes

There isn’t anyone who likes paying for auto insurance, especially when they know they are paying too much. Insurance companies such as Allstate, Progressive and GEICO all claim big savings with fancy advertisements and it is difficult to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s important to do price comparisons at least once a year because auto insurance prices are adjusted regularly by insurance companies. Even if you got the lowest quotes on Soul coverage on your last policy there is a good chance you can find better rates now. Block out anything you think you know about auto insurance because you’re about to learn the proper way to lower your annual insurance bill.

How much does insurance cost?

Effectively comparing insurance prices can take hours if you don’t utilize the most efficient way. You can spend your afternoon talking to insurance agencies in your area, or you can utilize the web to get rate comparisons in just a few minutes.

Most car insurance companies participate in a marketplace that enables customers to submit their information once, and at least one company provides a quote for coverage. This eliminates the need for quote forms for every insurance company. To fill out one form to compare multiple rates now click here to open in new window.

The only downside to getting quotes like this is you don’t know exactly the companies to get quotes from. So if you prefer to pick individual companies to compare rates, we put together a list of low cost insurance companies in your area. View list of insurance companies.

Compare rates however you want, just double check that you are using the same coverage limits and deductibles with every price quote. If you use different data it will be next to impossible to decipher which rate is best.

Informed drivers can slash their insurance premiums

A large part of saving on insurance coverage is knowing the different types of things that help calculate the rates you pay for insurance coverage. When consumers understand what controls the rates you pay, this allows you to make good choices that could result in cheaper rates. Many factors are used in the calculation when pricing auto insurance. Some are pretty understandable like a motor vehicle report, but some are more transparent like your continuous coverage or your vehicle rating.

  • Cheaper rates after marriage – Getting married may cut your premiums on insurance coverage. Having a significant other translates into being more mature and it’s statistically proven that married drivers tend to file fewer claims.
  • Safer cars means cheaper prices – Vehicles with good safety scores can get you lower premiums. The safest vehicles protect occupants better and any reduction in injury severity translates into savings for insurance companies and cheaper rates on your policy.
  • Increase physical damage deductibles to save – Insurance for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your vehicle. A few examples of covered claims could be a broken windshield, flood damage, and having your car stolen. The deductibles represent how much money you are willing to pay in the event of a claim. The more money you pay before a claim is paid (deductible), the lower your rates will be on Soul coverage.
  • Pay more if you have a long commute – Being located in small towns and rural areas may provide you with better prices when it comes to insurance coverage. Urban drivers have congested traffic and longer commute times. Fewer drivers on the road corresponds to lower accident rates and lower theft and vandalism rates.

Do you qualify for discounts?

Companies do not list all their discounts in an easy-to-find place, so we researched a few of the more common as well as some of the hidden credits that may apply to you.

  • Telematics Discount – Drivers who agree to allow driving data collection to study vehicle usage by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive may get a rate reduction as long as the data is positive.
  • Seat Belts Save – Requiring all passengers to fasten their seat belts can save 10% or more off the PIP or medical payment premium.
  • Accident Forgiveness – but some companies like GEICO, Allstate and Liberty Mutual may permit one accident without getting socked with a rate hike with the catch being you have to be claim-free for a set time period.
  • Military Discounts – Having an actively deployed family member could be rewarded with lower prices.
  • Good Grades Discount – Excelling in school can earn a discount of 20% or more. The discount lasts until age 25.
  • Auto/Home Discount – If you combine your auto and home policies and insure them with the same company you could get a discount of nearly 15% which can help you find low cost insurance coverage.
  • New Car Discount – Buying insurance on a new vehicle is cheaper compared to insuring an older model.
  • Anti-theft Discount – Cars and trucks with anti-theft systems are stolen with less frequency and earn discounts up to 10% off your insurance coverage quote.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to the entire policy premium. Some only reduce the price of certain insurance coverages like comp or med pay. So even though they make it sound like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

The best insurance companies and their possible discounts are outlined below.

  • State Farm includes discounts for Drive Safe & Save, driver’s education, multiple autos, good driver, and safe vehicle.
  • GEICO may offer discounts for anti-lock brakes, federal employee, driver training, multi-policy, defensive driver, and daytime running lights.
  • SAFECO may include discounts for safe driver, teen safe driver, accident prevention training, multi-car, drive less, anti-theft, and homeowner.
  • Farmers Insurance offers discounts for youthful driver, multi-car, bundle discounts, early shopping, alternative fuel, mature driver, and distant student.
  • AAA may have discounts that include anti-theft, multi-policy, good student, good driver, multi-car, AAA membership discount, and pay-in-full.
  • USAA has savings for defensive driver, family discount, driver training, multi-policy, and good student.

If you want the cheapest insurance coverage quotes, ask every insurance company which discounts you qualify for. Some discounts listed above might not be offered in your area.

Don’t assume everyone needs the same insurance coverage coverage

When it comes to buying the best insurance coverage coverage, there is no cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For instance, these questions may help you determine if your situation will benefit from professional help.

  • Can I make deliveries for my home business?
  • What discounts do I qualify for?
  • How much liability insurance is required?
  • When should I drop full coverage on my 2016 Kia Soul?
  • If my pet gets injured in an accident are they covered?
  • Do I need added coverage for expensive stereo equipment?
  • Are my tools covered if they get stolen from my vehicle?
  • When would I need rental car insurance?
  • What vehicles should carry emergency assistance coverage?
  • Is my cargo covered for damage or theft?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Specifics of your insurance policy

Understanding the coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hail damage, damage from getting keyed, hitting a deer and damage from flooding. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like dental work, ambulance fees, doctor visits and funeral costs. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision coverages – Collision insurance covers damage to your Soul from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a building, damaging your car on a curb, backing into a parked car, crashing into a ditch and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Kia Soul.

Since a lot of 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.

Liability auto insurance – This provides protection from damage that occurs to other people or property. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims such as medical services, pain and suffering, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Cheaper insurance is a realistic goal

Affordable 2016 Kia Soul insurance is available from both online companies and also from your neighborhood agents, and you should compare rates from both in order to have the best chance of saving money. Some companies don’t offer the ability to get a quote online and usually these smaller providers work with local independent agents.

We’ve covered a lot of information how to lower your 2016 Kia Soul insurance car insurance rates. The key concept to understand is the more you quote insurance coverage, the better likelihood of getting low cost insurance coverage. Drivers may discover the lowest car insurance rates come from a smaller regional carrier. These smaller insurers may have significantly lower premium rates on certain market segments as compared to the big name companies such as GEICO and State Farm.

Helpful learning opportunities