2016 Kia Soul Car Insurance Rates

Having to pay for expensive auto insurance can deplete your monthly budget and make it tough to pay other bills. Comparing rate quotes is a fast and free way to make sure you’re not throwing money away.

Multiple auto insurance companies compete for your insurance dollar, so it can be very hard to choose a insurer and get the definite lowest cost out there.

If you are insured now or need new coverage, you can use these techniques to get lower rates and possibly find even better coverage. Finding the best rates is not rocket science. Drivers just need to know the proper methods to compare prices over the internet.

Compare quotes for car insurance

Cutting your car insurance rates is an easy way to save money. All that’s required is to take the time comparing rate quotes to see which company has the cheapest insurance coverage quotes. It’s really simple and can be done in a couple of different ways.

  1. If you don’t have a lot of time, the easiest way to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This form keeps you from doing a different quote for every company. Completing one form will get you rate comparisons from all major companies.
  2. A different way to analyze rates is to manually visit the website of each company and complete a new quote form. For example, we’ll pretend you want to compare prices for Liberty Mutual, Esurance and American Family. You would have to go to each individual site and repeatedly type in your coverage information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
  3. The hardest method to find lower rates is making phone calls or going to local insurance agencies. The ability to buy insurance online eliminates this option unless you have a complicated situation and need the personal advice that can only be provided by a licensed insurance agent. You can, however, comparison shop online but still have the advice of a local agent.

The method you choose is up to you, but make sure you are using apples-to-apples coverages and limits for every quote you compare. If you use mixed coverages it will be nearly impossible to determine the lowest rate for your Kia Soul.

Discounts for cheap insurance coverage rates

Companies that sell car insurance don’t always advertise every policy discount in an easy-to-find place, so we break down some of the more common in addition to some of the lesser obvious credits available to lower your premiums when you buy insurance coverage online.

  • First Accident Forgiveness – This one is not really a discount per se, but companies like Geico, State Farm, and Progressive will turn a blind eye to one accident without getting socked with a rate hike so long as you haven’t had any claims for a particular time prior to the accident.
  • Homeowners Pay Less – Just owning your own home may trigger a policy discount on insurance coverage because of the fact that having a home shows financial diligence.
  • Defensive Driving Course – Taking a driver safety course could earn you a small percentage discount and easily pay for the cost of the class.
  • Braking Control Discount – Vehicles with anti-lock braking systems can stop better under adverse conditions and will save you 10% or more.
  • Senior Citizens – Drivers that qualify as senior citizens may be able to get reduced rates on Soul insurance.
  • Low Mileage Discounts – Keeping the miles down on your Kia could qualify for lower premium rates on the low mileage vehicles.
  • Good Students Pay Less – Getting good grades may save you up to 25%. Earning this discount can benefit you up until you turn 25.

Just know that some credits don’t apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like comp or med pay. Despite the fact that it seems like adding up those discounts means a free policy, it’s just not the way it works.

Larger insurance coverage companies and a partial list of their discounts are:

  • Mercury Insurance has savings for age of vehicle, good driver, multi-car, accident-free, low natural disaster claims, and location of vehicle.
  • Farmers Insurance policyholders can earn discounts including homeowner, multi-car, switch companies, electronic funds transfer, and alternative fuel.
  • Farm Bureau discounts include youthful driver, driver training, good student, safe driver, and multi-policy.
  • State Farm offers discounts for defensive driving training, Steer Clear safe driver discount, anti-theft, multiple policy, Drive Safe & Save, and passive restraint.
  • Allstate may offer discounts for anti-lock brakes, teenSMART discount, defensive driver, senior citizen, anti-theft, and good payer.
  • Geico offers discounts including driver training, multi-policy, air bags, defensive driver, membership and employees, and anti-lock brakes.

It’s a good idea to ask every prospective company the best way to save money. Savings might not be offered in your area. To choose insurance companies who offer online insurance coverage quotes, click this link.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage, there really is not a single plan that fits everyone. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions might point out if you might need an agent’s assistance.

  • Do I need to file an SR-22 for a DUI in my state?
  • Should I get collision insurance on every vehicle?
  • What if I total my 2016 Kia Soul and owe more than it’s worth?
  • Am I covered if I crash into my own garage door?
  • Does my medical payments coverage pay my health insurance deductible?
  • Should I buy additional glass protection?
  • Do I benefit by insuring my home with the same company?
  • Do I need an umbrella policy?
  • Does car insurance cover theft of personal property?
  • Am I insured when driving a different vehicle?

If you’re not sure about those questions, 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 is quick, free and may give you better protection.

Specific coverages for a Kia Soul

Having a good grasp of auto insurance aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverage types available from auto insurance companies.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like falling objects, damage from flooding and vandalism. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Kia Soul.

Due to the fact that many drivers only purchase the least amount of liability that is required, 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. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as crashing into a ditch, rolling your car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Liability coverage

This coverage can cover injuries or damage you cause to other’s property or people that is your fault. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as attorney fees, pain and suffering, court costs, loss of income and medical expenses. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses for surgery, nursing services, doctor visits and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Final considerations

We just presented quite a bit of information on how to shop for 2016 Kia Soul insurance online. The most important thing to understand is the more providers you compare, the better your comparison will be. You may be surprised to find that the lowest car insurance rates are with the least-expected company. Smaller companies may only write in your state and offer lower premium rates than the large multi-state companies such as Allstate, Geico and Progressive.

Budget-conscious 2016 Kia Soul insurance is possible from both online companies in addition to local insurance agencies, so you need to shop insurance coverage with both in order to have the best price selection to choose from. A few companies do not offer price quotes online and most of the time these small insurance companies work with independent insurance agents.

When you buy insurance coverage online, it’s a bad idea to buy poor coverage just to save money. There are too many instances where someone dropped liability limits or collision coverage only to find out that it was a big error on their part. The proper strategy is to purchase a proper amount of coverage at the best price.

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