How Much Does 2016 Kia Soul EV Insurance Cost?

Are you drained from not being able to scrape enough together to pay high insurance coverage rates every month? You are no different than most other drivers.

With drivers having so many companies and agents to choose from, it is very difficult to find the best insurance company.

The purpose of this article is to instruct you on how to get online quotes and some tricks to saving. If you currently have a car insurance policy, you should be able to save some money using this information. Although car owners should learn how the larger insurance companies market insurance on the web and apply this information to your search.

More affordable rates with these discounts

Some insurers don’t always list every discount they offer very well, so we researched a few of the more well known in addition to some of the lesser obvious credits available to lower your premiums when you buy car insurance online.

  • Organization Discounts – Affiliation with specific professional or occupational memberships or organizations could qualify you for a break on car insurance.
  • ABS and Traction Control Discounts – Cars and trucks with ABS and/or traction control can avoid accidents so companies give up to a 10% discount.
  • Bundled Policy Discount – If you have multiple policies and insure them both with the same insurance company you will save at least 10% off all policies.
  • New Car Discount – Putting car insurance coverage on a new car can get you a discount because newer vehicles have to meet stringent safety requirements.
  • Service Members Pay Less – Having a family member in the military could trigger a small discount.
  • Driver’s Ed – Have your child enroll and complete driver’s education if it’s offered in school.
  • Multiple Cars – Insuring multiple cars on one policy could earn a price break for each car.
  • Homeowners Savings – Being a homeowner may trigger a policy discount on car insurance due to the fact that maintaining a home requires personal responsibility.
  • Payment Method – By making one initial payment rather than spreading payments over time you could save 5% or more.
  • Online Discount – Some of the larger companies give back up to $50 for buying your policy digitally online.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce specific coverage prices like collision or personal injury protection. Even though the math looks like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

A few popular companies and a selection of discounts are included below.

  • State Farm may include discounts for student away at school, multiple policy, good driver, Steer Clear safe driver discount, and safe vehicle.
  • Farmers Insurance includes discounts for early shopping, good student, distant student, bundle discounts, switch companies, business and professional, and homeowner.
  • Geico offers discounts for seat belt use, driver training, anti-theft, defensive driver, daytime running lights, military active duty, and air bags.
  • American Family has savings for TimeAway discount, early bird, Steer into Savings, defensive driver, accident-free, and air bags.
  • Nationwide policyholders can earn discounts including business or organization, defensive driving, easy pay, anti-theft, good student, and accident-free.
  • Progressive may have discounts that include online signing, multi-vehicle, online quote discount, continuous coverage, good student, and homeowner.

When getting a coverage quote, ask all the companies which discounts they offer. Some discounts might not be available to policyholders in your area. To find providers that have a full spectrum of discounts, click this link.

How to find the cheapest auto insurance

The are a couple different ways to compare rate quotes from different companies. The simplest method to do a complete rate comparison is to jump online and get quotes. It’s really quite simple and can be done using a couple different methods.

  1. Experts agree that the best way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This method eliminates the need for separate quote forms to each individual auto insurance company. Just one form gets rate comparisons instantly.
  2. Another way to compare prices requires a trip to the website for every company you want to comare and request a quote. For instance, we’ll assume you want comparison quotes from Geico, Esurance and American Family. You would be required to go to each individual site and enter your policy data, which can get rather old. For a list of companies in your area, click here.

It doesn’t matter which method you choose, just be certain you are entering equivalent coverage information with each company. If you compare different limits and deductibles on each one it will be next to impossible to make an equal comparison. Even a minor difference in insurance coverages can make a big difference in price. Just keep in mind that comparing all the rates in your area provides better odds of finding the best offered rates.

Insurance can be complex

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different and your policy should reflect that. For example, these questions can aid in determining if you may require specific advice.

  • Why is insurance for a teen driver so high?
  • Exactly who is provided coverage by my policy?
  • Am I better off with higher deductibles on my 2016 Kia Soul EV?
  • Does my insurance cover my expensive audio equipment?
  • Am I insured when driving a different vehicle?
  • Are rock chip repairs covered?
  • What happens if I owe more than my 2016 Kia Soul EV is worth?
  • Should I buy full coverage?
  • Do I need rental car coverage?

If it’s difficult to answer those questions, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Car insurance policy specifics

Knowing the specifics of your car insurance policy can help you determine which coverages you need for your vehicles. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by car insurance companies.

Auto collision coverage

Collision coverage will pay to fix damage to your Soul EV from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as colliding with another moving vehicle, rolling your car and damaging your car on a curb. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for bills like chiropractic care, ambulance fees, rehabilitation expenses and X-ray expenses. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as damage to your Kia Soul EV.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability auto insurance

This provides protection 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 doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like court costs, attorney fees, funeral expenses and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, damage from flooding, fire damage, theft and rock chips in glass. The highest amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Spend less. Save more.

When getting car insurance quotes online, make sure you don’t sacrifice coverage to reduce premiums. Too many times, someone dropped liability limits or collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Discount 2016 Kia Soul EV insurance can be found on the web as well as from insurance agents, so get free car insurance quotes from both of them to have the best selection. Some insurance providers do not provide online rate quotes and these regional insurance providers prefer to sell through independent insurance agencies.

More detailed auto insurance information can be found at these sites: