Cheap 2016 Kia Soul EV Insurance Cost

Finding low-cost insurance for a Kia Soul EV can normally be a lot of work, but you can follow these tips to save time. There is a right way and a wrong way to shop for car insurance and we’ll show you the quickest way to compare rates for a Kia and get the best price possible.

Quote insurance online

Many insurance companies allow you to get coverage price quotes on the web. Obtaining pricing doesn’t take a lot of time as you just type in the amount of coverage you want on the page. After you complete the form, the system requests your driving and credit reports and provides a quote based on these factors.

Quoting online makes it simple to compare prices but having to visit many different websites and enter the same data into a form can be a bit tiresome and repetitive. But it’s also necessary to compare as many rates as possible in order to find lower prices.

Keep reading for an easier way to compare prices

The easiest way to find lower prices requires only one form that obtains quotes from multiple companies. The form is fast, requires less work, and makes online price comparison much more enjoyable. After sending your information, your coverage is rated and you are able to buy your choice of the resulting price quotes. If a lower price is quoted, you can click and sign and buy the new coverage. The entire process just takes a couple of minutes and can result in significant savings.

To save time and find out what other companies charge, click here and begin entering your coverage information. If you have coverage now, it’s recommended you duplicate your coverages as close as possible to your current policy. This helps ensure you will get a rate comparison for the exact same coverage.

Will you really save $442 on auto insurance?

Consumers can’t get away from ads for cheaper auto insurance by State Farm, GEICO and Progressive. All the ads advertise claims that people will save if you move your policy.

How is it plausible that every one can make the same claim? You have to listen carefully.

Auto insurance companies have strict underwriting profiles for the type of insured that earns them a profit. For example, this type of driver might be between the ages of 30 and 45, carries high limits, and drives a vehicle with a low ISO rating. A driver who meets those qualifications is entitled to the best price and have a good chance to save some money.

People who are not a match for these standards will be quoted higher premiums which leads to the driver buying from a lower-cost company. If you pay attention, the ads say “customers that switch” not “all people who quote” can get the lowest rates when switching. That’s why insurance companies can confidently make claims that they all have the best rates. This illustrates why drivers should get as many free insurance quotes as possible. Because you never know which insurance companies will have the best prices.

Use discounts on insurance

Car insurance is not cheap, but you may qualify for discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you get a quote, but some discounts are required to be specially asked for in order for you to get them. If you check and find you aren’t receiving every discount available, you are just wasting money.

  • Discounts for Cautious Drivers – Insureds without accidents can save up to 40% or more on their insurance quote on Soul EV coverage as compared to drivers with claims.
  • ABS Braking Discount – Vehicles with ABS braking systems or traction control prevent accidents and will save you 10% or more.
  • Discount for Home Ownership – Simply owning a home can earn you a little savings because of the fact that having a home requires a higher level of personal finance.
  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and therefore earn up to a 10% discount.
  • Military Rewards – Having a deployed family member could be rewarded with lower premium rates.

A little note about advertised discounts, some of the credits will not apply to the entire cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you could get a free insurance policy, insurance companies aren’t that generous.

Popular insurance companies and a partial list of their discounts are included below.

  • The Hartford has savings for bundle, air bag, vehicle fuel type, anti-theft, good student, and defensive driver.
  • American Family may offer discounts for defensive driver, early bird, multi-vehicle, good driver, TimeAway discount, bundled insurance, and Steer into Savings.
  • Progressive offers discounts including online signing, multi-vehicle, good student, homeowner, and continuous coverage.
  • Travelers policyholders can earn discounts including new car, save driver, multi-policy, multi-car, early quote, and good student.
  • Farmers Insurance includes discounts for alternative fuel, electronic funds transfer, good student, multi-car, distant student, and bundle discounts.
  • USAA offers discounts for new vehicle, defensive driver, vehicle storage, family discount, annual mileage, multi-policy, and safe driver.
  • Liberty Mutual may include discounts for multi-policy, newly married, safety features, newly retired, and good student.

When getting free insurance quotes, it’s a good idea to every insurance company which credits you are entitled to. A few discounts may not be available in your area. If you would like to choose from a list of insurance companies that offer discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

For instance, these questions may help you determine whether your personal situation would benefit from an agent’s advice.

  • When should I buy a commercial auto policy?
  • Do I need an umbrella policy?
  • How do I buy GAP insurance?
  • Is my state a no-fault state?
  • Is extra glass coverage worth it?
  • Can I drive in Mexico and have coverage?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance specifics

Having a good grasp of your policy can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Coverage for collisions

Collision insurance covers damage to your Soul EV from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like sideswiping another vehicle, crashing into a ditch, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Auto liability insurance

Liability coverage will cover damage or injury you incur to other people or property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for claims such as emergency aid, bail bonds and medical services. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills for chiropractic care, dental work, surgery and ambulance fees. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, falling objects, a broken windshield and damage from flooding. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Kia Soul EV.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

A tidy conclusion

More affordable car insurance is definitely available online as well as from insurance agents, and you should be comparing both to have the best chance of lowering rates. Some insurance providers do not offer rates over the internet and usually these smaller companies prefer to sell through independent agents.

As you shop your coverage around, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice comprehensive coverage or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy a smart amount of coverage at the lowest possible cost and still be able to protect your assets.

We covered a lot of tips how to reduce 2016 Kia Soul EV insurance rates online. The key thing to remember is the more times you quote, the higher your chance of finding cheap insurance. Consumers could even find that the lowest rates come from a small mutual company.

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