Compare 2017 Kia Soul EV Insurance Rates in 2024

Are you regretting buying overpriced car insurance? Say no more because there are lots of residents who feel the same.

Multiple auto insurance companies compete for your hard-earned dollar, so it’s not easy to compare every company to get the lowest price

It’s smart to compare prices occasionally due to the fact that insurance rates go up and down regularly. Even if you think you had the best premium rates on Soul EV coverage two years ago there may be better deals available now. Forget all the misinformation about car insurance because you’re going to get a crash course in one of the best ways to save money, get proper coverage and the best rates.

Ways to get insurance coverage quotes

To get the cheapest insurance coverage quotes, there a variety of ways to compare rate quotes from many different insurance companies. The recommended way to find affordable 2017 Kia Soul EV insurance rates is to use the internet to compare rates. This can be accomplished in several different ways.

1. The recommended way to get quotes for comparison is to use a rate comparison form. This easy form prevents you from having to do repetitive form submissions for every prospective company. One simple form gets rate comparisons from insurance coverage companies with the best prices.
2. A less efficient way to find better pricing requires a visit to each individual company website and get a separate price quote. For instance, we’ll assume you want to view quotes from GEICO, Farmers and Allstate. To find out each rate you need to spend time going to each site individually and repeatedly type in your coverage information, which can get rather old.
3. The old school way to price shop rates is making phone calls or going to different agent offices. Comparing rates online eliminates this option unless you want the trained advice of an agent trained in personal lines coverage. However, consumers can obtain prices from the web but have a local agent actually write the policy.

It’s your choice how you get your quotes, but do your best to use exactly the same coverages and limits with each company. If you compare unequal deductibles or liability limits then you won’t be able to determine which company has the best rates. Quoting even small variations in insurance coverages or limits may cause a big price difference. And when price shopping your coverage, comparing more company’s prices provides better odds of finding the best rates. Not every company does quotes online, so it’s necessary to compare price estimates on coverage from those companies, too.

Is there truth in advertising?

Popular insurance providers such as Progressive, GEICO, Allstate and State Farm consistently run television, radio, and online ads. All the companies tend to make the same promise about how much you will save if you just switch your insurance policy to them. How does every insurance company save you money? Just pay attention to how they say it.

Different companies have strict underwriting profiles for a prospective insured that will most likely be profitable. An example of a profitable insured could possibly be between 25 and 40, has no driving citations, and drives a car with an anti-theft system. Someone that meets those criteria will get very good premium rates and have a good chance to save some money.

Potential insureds who may not quite match the requirements will probably be forced to pay higher rates and this results in the customer buying from a different company. If you pay close attention to the ads, they say “people that switch” not “all people who quote” save money. This is how insurance companies can make those statements. This illustrates why you absolutely need to get insurance coverage quotes as often as possible. Because without a comparison, you cannot know which company will fit you best based on your risk profile.

Four tips to get cheap insurance rates

Smart consumers have a good feel for a few of the rating criteria that play a part in calculating the rates you pay for insurance coverage. If you understand what controls the rates you pay, this empowers consumers to make smart changes that can help you get cheaper rates. Multiple criteria are taken into consideration when you get your auto insurance bill. A few of the factors are predictable like an MVR report, but other factors are not as apparent such as your credit history and annual miles driven.

The items below are just a few of the factors utilized by car insurance companies to help set premiums.

• Use but don’t abuse your insurance – Car insurance companies generally give cheaper rates to policyholders who are claim-free. If you tend to file frequent claims, you can expect either policy cancellation or increased premiums. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
• Get a ticket, pay higher prices – Getting just one ticket can boost insurance rates forty percent or more. Good drivers pay less for auto insurance compared to drivers with tickets. Drivers who have flagrant citations such as DUI or reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
• Marriage can lower rates – Being married can actually save you money on your insurance coverage policy. Marriage may mean you are less irresponsible and statistics prove married drivers get in fewer accidents.
• Male prices may be higher – Statistics demonstrate females are less aggressive when driving. However, don’t assume that males are worse at driving than females. Both genders cause fender benders in similar percentages, but the males get into accidents with more damage. Men also statistically get cited for more serious violations such as reckless driving. Teenage male drivers tend to get in the most accidents so they pay the highest premiums.

Lower rate quotes by getting discounts

Not many people think insurance is cheap, but discounts can save money and there are some available that could help you make your next renewal payment. Many discounts should be triggered when you quote, but lesser-known reductions have to be asked for before you will receive the discount.

• Telematics Devices – Drivers who elect to allow their car insurance company to monitor their driving habits by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if they show good driving skills.
• Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.
• Sign Early and Save – A few companies allow discounts for switching to them before your current expiration date. It could save around 10% when you buy insurance coverage online.
• Theft Deterrent – Anti-theft and alarm system equipped vehicles are stolen with less frequency so companies will give you a small discount.
• Multi-Vehicle Discounts – Buying coverage for more than one vehicle with the same car insurance company could earn a price break for each car.
• Accident Waiver – This one is not really a discount per se, but a handful of insurance companies will allow you to have one accident before they charge you more for coverage if you have no claims prior to being involved in the accident.

We need to note that most credits do not apply to the whole policy. Some only reduce individual premiums such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, car insurance companies aren’t that generous. But all discounts will bring down your car insurance premiums.

To see a list of providers that offer multiple discounts, enter your zip code here.

Your car insurance coverage should be tailored to you

When it comes to buying proper insurance coverage, there is no best way to insure your cars. Each situation is unique and your policy should reflect that. Here are some questions about coverages that can help discover if you might need professional guidance.

• Are my tools covered if they get stolen from my vehicle?
• Do I pay less if my vehicle is kept in my garage?
• How do I file an SR-22 for a DUI in my state?
• Do I need Motor Club coverage?
• Is upholstery damage covered by car insurance?
• At what point should I drop full coverage?
• Why does it cost so much to insure a teen driver?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete your zip code.

Educate yourself about car insurance coverages

Having a good grasp of a car insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most car insurance policies.

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

Collision coverage protects against claims like driving through your garage door, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as doctor visits, ambulance fees, funeral costs and EMT expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as theft, vandalism and a broken windshield. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto liability insurance – Liability insurance can cover injuries or damage you cause to other’s property or people that is your fault. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things such as repair bills for other people’s vehicles, court costs and medical expenses. How much coverage you buy is your choice, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage – This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your Kia Soul EV.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Save for a rainy day

Some insurance providers may not have internet price quotes and many times these regional insurance providers provide coverage only through independent agents. Cheaper car insurance is definitely available online and from local agencies, and you should be comparing both so you have a total pricing picture.

You just learned some good ideas how to save on 2017 Kia Soul EV insurance. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the most savings is with the least-expected company. They may cover specific market segments cheaper compared to the large companies like Progressive or GEICO.