Cheap 2017 Kia Soul EV Insurance Cost

Trying to find the cheapest car insurance rates for your Kia Soul EV? Trying to find cheaper car insurance could be frustrating for drivers who have little experience online insurance quotes. Drivers have so many options available that it can turn into a lot of work to find better prices.

You should take the time to get comparison quotes quite often since insurance prices go up and down regularly. Even if you think you had the best rate for Soul EV insurance six months ago you may be paying too much now. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to one of the easiest ways to find better coverage at a better price.

If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these methods. The purpose of this article is to instruct you on how to get online quotes and some tips to save money. Although vehicle owners must know how insurance companies sell insurance online.

Compare free insurance rate quotes

There are several ways of comparing rates from different companies. One of the best ways to do a complete rate comparison involves getting comparison quotes online. This can be done in just a few minutes using one of these methods.

  1. Hands down the most simple method to get quotes for comparison is an all-inclusive rate comparison click here to open form in new window. This easy form saves time by eliminating repetitive form submissions for each company you want a rate for. Just one form gets insurance cost estimates direct from many companies. Just one form and you’re done.
  2. A more time consuming way to shop for insurance online consists of going to each company website and fill out their own quote form. For examples sake, let’s assume you are doing a rate comparison from USAA, State Farm and Farmers. You would have to go to each individual site and punch in your information repeatedly, which is why first method is reommended.

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

It’s your choice how you get your quotes, but ensure you are comparing exactly the same quote data for every quote you compare. If you use different deductibles it will be nearly impossible to get a fair rate comparison. Quoting even small variations in limits could mean much higher rates. And when comparison shopping, comparing all the rates in your area helps improve the odds of finding a lower rate than you’re paying now. Not every company provides online price quotes, so you need to compare prices from those companies as well.

You may qualify for discounts

Companies do not list every possible discount very clearly, so the list below details some of the best known and also the lesser-known discounts that you can inquire about if you buy insurance coverage online.

  • Student in College – Youth drivers living away from home attending college and don’t have a car can be insured at a reduced rate.
  • Low Mileage Discounts – Low annual miles may enable drivers to earn discounted prices on garaged vehicles.
  • Braking Control Discount – Cars and trucks that have steering control and anti-lock brakes have fewer accidents and therefore earn up to a 10% discount.
  • Drivers Education – Teen drivers should successfully complete driver’s ed class if offered at their school.
  • Air Bags and Passive Restraints – Factory air bags and/or automatic seat belt systems may earn rate discounts of 25 to 30%.

It’s important to note that some of the credits will not apply to the overall cost of the policy. Most cut specific coverage prices like comp or med pay. Even though it appears you would end up receiving a 100% discount, it just doesn’t work that way.

Popular insurance companies and some of the discounts are shown below.

  • 21st Century offers discounts for homeowners, driver training, teen driver, early bird, defensive driver, theft prevention, and air bags.
  • Progressive may have discounts that include good student, online quote discount, multi-vehicle, multi-policy, homeowner, and continuous coverage.
  • State Farm has discounts for defensive driving training, good student, student away at school, multiple autos, accident-free, passive restraint, and multiple policy.
  • Nationwide may offer discounts for good student, accident-free, anti-theft, multi-policy, family plan, defensive driving, and easy pay.
  • Esurance offers premium reductions for emergency road assistance, homeowner, Pac-12 alumni, online quote, good driver, renters, and safety device.
  • The Hartford offers discounts including driver training, good student, bundle, air bag, and anti-theft.

When comparing rates, check with every insurance company to apply every possible discount. Some discounts listed above may not be available in your area.

There’s no such thing as the perfect auto insurance policy

When it comes to choosing coverage, there really is no single plan that fits everyone. Every situation is different.

For instance, these questions may help highlight whether or not you may require specific advice.

  • What is an SR-22 filing?
  • Am I covered by my spouse’s policy after a separation?
  • Why am I required to get a high-risk car insurance policy?
  • Is other people’s property covered if stolen from my vehicle?
  • Should I drop comprehensive coverage on older vehicles?
  • Do I have any recourse if my insurance company denies a claim?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form.

Insurance premium influencing factors

Many things are used in the calculation when quoting car insurance. Some of the criteria are obvious such as your driving history, but others are more obscure such as your marital status or your vehicle rating.

Listed below are some of the most common factors car insurance companies consider when setting your prices.

  • Defend yourself with liability – Liability coverage kicks in when you are determined to be liable for causing damage or personal injury in an accident. Liability provides for a legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to physical damage coverage, so do not cut corners here.
  • Premiums are high for teenagers – Older drivers are viewed as being more responsible, are lower risk to insure and receive fewer citations.Teenage drivers are proven to get distracted easily when behind the wheel therefore car insurance rates are much higher.
  • Single drivers take more risk – Having a wife or husband may earn you lower rates on your car insurance policy. Having a spouse means you’re more responsible and it’s proven that married couples file fewer claims.
  • A good credit rating can save money – Your credit rating factor in calculating your car insurance rates. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower credit ratings. Therefore, if your credit is not that good, you could save money insuring your 2017 Kia Soul EV if you clean up your credit.
  • Better premiums on safer cars – Cars with high safety ratings cost less to insure. Safe vehicles reduce occupant injuries and better occupant protection means less money paid by your insurance company and thus lower rates.

Car insurance advertisements

21st Century, Allstate and State Farm seem to constantly run ads in print and on television. They all seem to state the claim that drivers will save a bundle if you get a free insurance coverage quote and switch your policy. But how can every company make almost identical claims? It’s all in the wording.

Companies have a certain “appetite” for the type of driver that will add to their bottom line. For example, this type of insured may be a female over age 40, owns a home, and drives less than 7,500 miles a year. Any person that meets those criteria receives the best prices and will most likely save money with a new company.

Consumers who are not a match for this ideal profile will probably be forced to pay a more expensive rate which translates to the customer not buying. The ad wording is “people who switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way insurance companies can make claims like that. Because of the profiling, it is so important to quote coverage with many companies. Because you never know which insurance companies will have the best prices at this point in time.

The coverage is in the details

Learning about specific coverages of auto insurance can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Liability car insurance – This coverage can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as court costs, medical services, structural damage, bail bonds and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like hospital visits, dental work and X-ray expenses. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Collision – This coverage covers damage to your Soul EV caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sustaining damage from a pot hole, backing into a parked car, rolling your car, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and damage to your Kia Soul EV.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive protection – This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like a broken windshield, theft, damage from flooding, damage from a tornado or hurricane and hitting a bird. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

In conclusion

We just showed you a lot of tips how to compare 2017 Kia Soul EV insurance prices online. The most important thing to understand is the more you quote insurance coverage, the more likely it is that you will get a better rate. You may even find the lowest prices come from a lesser-known regional company.

As you go through the steps to switch your coverage, never reduce coverage to reduce premium. There have been many cases where an insured cut liability coverage limits only to regret at claim time that the savings was not a smart move. The aim is to purchase a proper amount of coverage at the lowest possible cost but still have enough coverage for asset protection.

There are still a few companies who may not have the ability to get quotes online and most of the time these smaller providers work with local independent agencies. Budget-friendly insurance coverage is possible on the web and with local insurance agents, and you should be comparing both to have the best chance of lowering rates.

Much more information about insurance coverage is available at these links: