2017 Kia Soul EV Insurance Cost – 8 Tips for Best Prices

Looking for the cheapest car insurance rates for your Kia Soul EV? Have you had enough of sacrificing to pay your car insurance bill each month? You are no different than the majority of other people. People have many insurance companies to buy insurance from, and although it’s nice to be able to choose, it can be more challenging to find the best rates for your vehicles.

Eight discounts for cheaper insurance coverage rates

The cost of insuring your cars can be expensive, but you may be missing some discounts to help bring down the price. Certain credits will be shown when you quote, but some may not be applied and must be asked for before they will apply.

  • Pay Upfront and Save – If you can afford to pay the entire bill rather than spreading payments over time you can avoid the installment charge.
  • Drive Safe and Save – Insureds without accidents can save up to 40% or more on their insurance coverage quote for Soul EV insurance than their less cautious counterparts.
  • Clubs and Organizations – Participating in a civic or occupational organization may earn a discount on insurance coverage.
  • Discounts for Federal Employees – Active or former government employment may reduce rates when you quote insurance coverage for Soul EV insurance but check with your company.
  • Multi-line Discount – Insurance coverage companies who offer life insurance give better rates if you take out life insurance.
  • Discount for Good Grades – Maintaining excellent grades can get you a discount of up to 25%. Most companies allow this discount up to age 25.
  • Own a Home and Save – Simply owning a home can save you money because of the fact that having a home demonstrates responsibility.
  • Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper due to better safety requirements for newer models.

Discounts lower rates, but most discounts do not apply the the whole policy. Most only reduce specific coverage prices like collision or personal injury protection. Despite the appearance that you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

A list of insurance coverage companies and a selection of discounts are included below.

  • 21st Century includes discounts for automatic seat belts, driver training, early bird, student driver, anti-lock brakes, and 55 and older.
  • State Farm may have discounts that include Drive Safe & Save, anti-theft, safe vehicle, good driver, multiple autos, and defensive driving training.
  • AAA discounts include pay-in-full, education and occupation, multi-car, multi-policy, good driver, anti-theft, and good student.
  • Liberty Mutual has discounts for new move discount, new graduate, safety features, newly retired, teen driver discount, and good student.
  • Progressive offers discounts for homeowner, online signing, continuous coverage, multi-policy, good student, online quote discount, and multi-vehicle.

When quoting, ask all the companies which credits you are entitled to. Depending on the company, some discounts may not apply everywhere. To choose insurance companies who offer insurance coverage discounts, click here to view.

Tailor your auto insurance coverage to you

When buying proper insurance coverage, there really is no one size fits all plan. Every insured’s situation is different so this has to be addressed. For instance, these questions could help you determine if you would benefit from an agent’s advice.

  • What can I do if my company denied a claim?
  • Are all vehicle passengers covered by medical payments coverage?
  • What should my uninsured motorist coverage limits be in my state?
  • How much liability coverage do I need in my state?
  • Am I insured when driving a different vehicle?
  • Do I have coverage if my license is suspended?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Are my friends covered when driving my 2017 Kia Soul EV?
  • Do I have coverage when making deliveries for my home business?
  • Can my teen driver be rated on a liability-only vehicle?

If you can’t answer these questions, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and can help protect your family.

Insurance coverage considerations

Knowing the specifics of a insurance policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages available from insurance companies.

Comprehensive protection

This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as rock chips in glass, hitting a deer, falling objects and a tree branch falling on your vehicle. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured or underinsured coverage

This coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Kia Soul EV.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Collision coverage

Collision insurance covers damage to your Soul EV resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like hitting a parking meter, driving through your garage door, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like pain medications, prosthetic devices and chiropractic care. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Liability auto insurance

Liability coverage can cover damage that occurs to people or other property that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims like court costs, structural damage and attorney fees. How much coverage you buy is up to you, but you should buy higher limits if possible.

A penny earned…

When you buy insurance coverage online, it’s very important that you do not reduce needed coverages to save money. Too many times, an insured dropped liability coverage limits only to discover later that a couple dollars of savings turned into a financial nightmare. The goal is to buy a smart amount of coverage for the lowest price, but don’t skip important coverages to save money.

You just learned quite a bit of information on how to save on 2017 Kia Soul EV insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding cheaper insurance coverage. Consumers could even find that the best car insurance rates are with a small local company. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate, Geico and Progressive.

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