Cheapest Rate Quotes for Kia Soul Insurance in Henderson

Insurance quote for Kia Soul in HendersonTruthfully, the best way to get affordable Kia Soul insurance is to start comparing prices regularly from different companies in Henderson. Price quotes can be compared by following these steps.

Step 1: Get a basic knowledge of coverages and the measures you can take to prevent rate increases. Many policy risk factors that drive up the price like getting speeding tickets and a negative credit history can be improved by making small lifestyle or driving habit changes.

Step 2: Request rate estimates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like GEICO and State Farm, while independent agents can quote prices for many different companies. Select a company

Step 3: Compare the price quotes to the premium of your current policy to determine if you can save on Soul insurance in Henderson. If you can save money and change companies, ensure coverage does not lapse between policies.

Step 4: Provide written notification to your current company of your intent to cancel the current policy. Submit the application along with any required down payment to the new company. Once the application is submitted, put the new certificate verifying coverage with your registration paperwork.

The most important part of this process is to make sure you’re comparing the same amount of coverage on each price quote and to quote with as many different companies as possible. This enables a fair rate comparison and a thorough price selection.

We don’t have to point out that fact that insurance companies don’t want you to look at other companies. Consumers who shop around for a cheaper policy are highly likely to switch insurance companies because there is a high probability of finding lower rate quotes. A study showed that drivers who routinely compared rates saved $850 each year as compared to drivers who never compared rates.

If finding the best price on Kia Soul insurance in Henderson is why you’re here, then having an understanding of how to get rate quotes and compare insurance rates can help you succeed in finding affordable rates.

If you have a policy now or are looking for a new policy, you can use this information to get lower rates without sacrificing coverage. Quoting and buying the lowest cost car insurance in Henderson is actually quite simple. Consumers just have to know the most time-saving way to shop for car insurance from many companies at once.

The most recommended method to compare rates for Kia Soul insurance in Henderson is to know the trick most of the bigger providers pay for the opportunity to compare their rates. To begin a comparison, all you need to do is provide the companies a bit of rating information such as your credit rating estimate, what your job is, if it has an anti-theft system, and marital status. That rating data is submitted instantly to insurance carriers in your area and they respond with quotes with very little delay.

To find lower cheaper Kia Soul insurance rates now, click here and find out if lower rates are available in Henderson.

The companies shown below are ready to provide quotes in Nevada. If you wish to find cheap auto insurance in Nevada, we recommend you get rate quotes from several of them to get the lowest price.

Discount Henderson car insurance quotes

Companies offering auto insurance do not list every possible discount in an easy-to-find place, so we break down some of the best known and the harder-to-find savings tricks you should be using when you buy Henderson auto insurance online. If you do not double check each discount you deserve, you could be getting lower rates.Cheaper car insurance with discounts

As a sidenote, most credits do not apply to all coverage premiums. Some only apply to individual premiums such as comp or med pay. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way.

The chart below illustrates the comparison of Kia Soul premium costs with and without policy discounts. The premiums assume a male driver, no claims or driving violations, Nevada state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, marriage, claim-free, and safe-driver discounts applied.

For a list of companies that have a full spectrum of discounts in Henderson, follow this link.

Statistics and details

The rate table shown next highlights different insurance prices for Kia Soul models. Having a better idea how premiums are calculated is important for you to make informed decisions.

Kia Soul Insurance Rates in Henderson, NV
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $302 $478 $404 $24 $120 $1,328 $111
Soul Plus $302 $478 $404 $24 $120 $1,328 $111
Soul Exclaim $342 $478 $404 $24 $120 $1,368 $114
Soul Sport $342 $478 $404 $24 $120 $1,368 $114
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Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Prices do not factor in zip code location which can influence premiums greatly.

Policy deductibles

When buying car insurance, a common question is which comprehensive and collision deductibles to buy. The following tables determine the costs and benefits when you select higher and lower policy deductibles. The first set of rates uses a $250 deductible and the second rate table uses a $1,000 deductible.

Kia Soul insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $238 $402 $308 $18 $92 $1,083 $90
Soul Plus $238 $402 $308 $18 $92 $1,083 $90
Soul Exclaim $268 $402 $308 $18 $92 $1,113 $93
Soul Sport $268 $402 $308 $18 $92 $1,113 $93
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Kia Soul insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $148 $252 $308 $18 $92 $818 $68
Soul Plus $148 $252 $308 $18 $92 $818 $68
Soul Exclaim $166 $252 $308 $18 $92 $836 $70
Soul Sport $166 $252 $308 $18 $92 $836 $70
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rate information does not factor in zip code location which can increase or decrease insurance rates noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost in the ballpark of $23 more each month or $276 for a full year than buying the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have more than 33 months between claim filings, you would most likely save money by going with a higher deductible.

The diagram below illustrates how choosing a deductible and can raise or lower Kia Soul insurance prices for different age groups. The data is based on a married male driver, full physical damage coverage, and no discounts are factored in.

Liability only or full coverage

The chart below illustrates the difference between Kia Soul auto insurance costs with and without full coverage. The information is based on no violations or claims, $500 deductibles, single status, and no additional discounts are factored in.

When to drop comprehensive and collision

There is no clear-cut formula for phasing out physical damage coverage, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your Kia Soul book value is $4,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, you would only receive $3,000 after paying your policy deductible. If premium cost is more than $300 a year for comprehensive and collision coverage, then it might be time to buy liability only.

There are some cases where removing full coverage is not recommended. If you haven’t satisfied your loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.

How Your Soul Insurance Prices are Determined

A large part of saving on auto insurance is knowing some of the elements that help determine the rates you pay for auto insurance. When you understand what determines premiums, this allows you to make good choices that could help you find lower premium levels. Many things are taken into consideration when you get your auto insurance bill. Most are fairly basic such as your driving record, but others are more obscure such as your marital status or your financial responsibility.

Shown below are some of the most rate-impacting factors used by your company to calculate rates.

Avoid unnecessary extra policy coverages – Insurance companies have many extra bells and whistles you can purchase if you don’t pay attention. Add-on coverages like vanishing deductibles, high-cost glass coverage, and term life insurance are examples of these. The coverages may be enticing initially, but if they’re wasting money consider taking them off your policy.

Liability coverage – The liability section of your policy provides coverage in the event that you are found liable for causing damage or personal injury in an accident. It will provide legal defense coverage which can cost thousands of dollars. Liability insurance is pretty cheap compared to comp and collision, so do not cut corners here.

Too many auto insurance claims drive up rates – If you file a lot of claims you should expect higher premiums or even policy non-renewal. Auto insurance companies in Nevada provide most affordable rates to people who are not frequent claim filers. Insurance coverage is intended for more catastrophic claims.

Lower premiums for vehicles with better crash test results – Safe vehicles are cheaper to insure. Safe vehicles reduce injuries and reduced instances of injuries means less claims paid and thus lower rates. If your Kia scored better than four stars on it is probably cheaper to insure.

Lower rates by increasing physical damage deductibles – Physical damage coverage, otherwise known as comp (or other than collision) and collision, helps pay for damage to your vehicle. Some instances where coverage would apply are collision with another vehicle, vandalism, and having your car stolen. The deductibles tell how much you are willing to pay if the claim is covered. The more you choose to pay out-of-pocket, the better rate you will receive.

More performance means higher prices – The type of vehicle you need to insure makes a significant difference in the rate you pay. The cheapest rates will generally be found on small economy passenger cars, but that’s not the only thing that factors into the final price.

The following chart uses these assumptions: single male driver age 20, full coverage with $100 deductibles, and no discounts or violations. The chart compares Kia Soul policy rates compared to other models of vehicles that have a range of performance rating factors.

Careless drivers pay higher premiums – A bad driving record has a lot to do with how much you pay for insurance. Having just one chargeable violation can bump up the cost substantially. Careful drivers get better rates as compared to those with violations. Drivers with serious tickets like DUI or willful reckless driving may need to file a SR-22 to the state department of motor vehicles in order to legally drive.

The chart below illustrates how violations and at-fault claims increase Kia Soul car insurance costs for different ages of insureds. The data is based on a married male driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.

Claims statistics for a Kia Soul – Companies include the past claim trends for vehicles to help calculate a profitable premium price. Vehicles that have higher loss trends will have higher rates.

The next table shows the actual insurance loss data for Kia Soul vehicles. For each coverage category, the claim amount for all vehicles, regardless of make or model, is considered to be 100. Numbers under 100 suggest a better than average loss history, while values over 100 indicate frequent claims or tendency to have larger claims.

Kia Soul Insurance Loss Statistics
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Kia Soul 89 98 84 138 138 118

Statistics from for 2013-2015 Model Years