Paying for overpriced Kia Soul insurance in Austin can diminish your funds and require stricter spending habits. Doing a rate analysis can help to cut your insurance bill.
Shockingly, almost 70% of drivers have bought car insurance from the same company for more than four years, and nearly half have never shopped around. Drivers in Austin could pocket as much as $1,770 a year just by shopping around, but they just don’t want to find cheaper car insurance rates. Numerous auto insurance companies battle for your hard-earned dollar, and because of this it can be hard to compare insurance companies to find the best price available on Kia Soul insurance in Austin.
If you already have coverage or are looking for a new policy, you can learn to find better prices and possibly find even better coverage. Finding affordable auto insurance coverage in Austin is not rocket science. Smart shoppers only have to learn the proper way to shop their coverage around online.
Most larger insurance companies like Progressive, GEICO, Allstate and State Farm allow consumers to get insurance quotes online. Getting online rates for Kia Soul insurance in Austin is quite simple because you just enter your personal and coverage information into the quote form. Once you submit the form, the company’s rating system gets your credit score and driving record and gives you a price quote. The ability to get online price quotes for Kia Soul insurance in Austin makes it simple to compare prices and it is imperative to compare as many rates as possible if you are searching for a better rate.
To compare rates using this form now, compare rate quotes from the providers shown below. To compare your current rates, we recommend you complete the form with the insurance coverages just like they are on your policy. Using the same limits helps guarantee you are getting rate quotes for exact coverage.
The companies shown below have been selected to offer comparison quotes in Texas. If several companies are displayed, it’s a good idea that you get prices from several of them to get the best price comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Soul | $282 | $580 | $430 | $26 | $128 | $1,446 | $121 |
| Soul Plus | $318 | $580 | $388 | $24 | $116 | $1,426 | $119 |
| Soul Exclaim | $158 | $260 | $358 | $22 | $108 | $906 | $76 |
| Soul Sport | $234 | $312 | $500 | $30 | $150 | $1,226 | $102 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rates do not factor in specific location which can decrease or increase coverage prices substantially.
Physical damage deductibles: Should you raise them?
The example below highlights how deductible selection and can influence Kia Soul premium costs for each different age category. The premiums are based on a married male driver, full coverage, and no other discounts are factored in.
Lower rate quotes with discounts
The cost of insuring your cars can be expensive, but there could be available discounts that could help you make your next renewal payment. Most are applied when you purchase, but lesser-known reductions have to be asked for prior to getting the savings.
- Anti-lock Brake System – Cars and trucks equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.
- Use Seat Belts – Drivers who always wear seat belts and also require passengers to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.
- Low Mileage – Driving fewer miles may allow you to get slightly better prices than normal.
- Full Payment Discount – By paying your entire bill at once instead of making monthly payments you could save 5% or more.
- Multiple Vehicles – Insuring all your vehicles with the same company can get a discount on all vehicles.
Discounts save money, but please remember that most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, insurance companies wouldn’t stay in business. But any discount will definitely reduce your policy premium.
Popular auto insurance companies and their offered discounts are shown below.
- State Farm may include discounts for Drive Safe & Save, good driver, defensive driving training, driver’s education, accident-free, and passive restraint.
- Farmers Insurance has discounts for electronic funds transfer, multi-car, early shopping, distant student, switch companies, youthful driver, and mature driver.
- GEICO may have discounts that include five-year accident-free, daytime running lights, defensive driver, emergency military deployment, and membership and employees.
- American Family offers premium reductions for mySafetyValet, good student, defensive driver, bundled insurance, and good driver.
- Nationwide has savings for Farm Bureau membership, accident-free, anti-theft, family plan, business or organization, defensive driving, and easy pay.
- Progressive discounts include good student, multi-vehicle, homeowner, online signing, continuous coverage, online quote discount, and multi-policy.
When comparing rates, check with each insurance company to apply every possible discount. Savings may not apply to policyholders in your area.
How Insurance Providers Calculate Kia Soul Insurance Prices
A large part of saving on insurance is knowing a few of the rating criteria that aid in calculating the rates you pay for insurance. If you have some idea of what controls the rates you pay, this allows you to make good choices that could result in better insurance rates.
The itemized list below are most of the major factors used by insurance companies to determine your rates.
Poor driving habits leads to higher premiums – How you drive has a huge affect on how much you pay. Having a single moving violation can boost insurance rates twenty percent or more. Drivers with clean records pay less for auto insurance than their less careful counterparts. Drivers who have serious tickets like DUI or willful reckless driving may find that they have to to file a proof of financial responsibility form (SR-22) with their state DMV in order to keep their license.
More performance means higher costs – The type of car you own makes a significant difference in your auto insurance rates. The best insurance prices tend to be for small economy passenger vehicles, but other factors influence the final cost greatly. Since the Kia Soul falls in the passenger car class, insuring your vehicle will cost similar in price or lower when compared to the average rates in Austin.
Frequent policy claims increase insurance rates – If you are the type of insured that files lots of claims you can expect higher rates. Insurance companies in Texas award discounts to drivers that do not abuse their auto insurance. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Your address can push rates up or down – Residing in a small town has it’s advantages when shopping for auto insurance. Drivers in populated areas tend to have congested traffic and longer commute times. Fewer drivers and short commutes corresponds to lower accident rates in addition to fewer liability claims.
Better prices for continuous coverage – Driving with no insurance can get your license suspended and any future policy may cost more because you let your insurance lapse for non-payment. And not only will insurance be more expensive, being ticketed for driving with no insurance can result in fines or a revoked license.
Rate your vehicle for proper use – The more miles you rack up on your Kia in a year’s time the higher your rates will be. Many insurance companies price each vehicle’s coverage based on how the vehicle is used. Cars that have low annual miles receive better premium rates than vehicles that have high annual mileage. Verify your insurance coverage reflects how each vehicle is driven, because improper ratings can cost you money. Having an incorrect usage rating on your Soul is throwing money out the window.
Kia Soul claim data – Auto insurance companies analyze the history of losses to calculate a rate that offsets possible losses. Vehicles that historically have higher claim amounts or frequency will have increased rates. The table below outlines the historical loss data for Kia Soul vehicles.
For each policy coverage type, the statistical loss for all vehicles, regardless of make or model, is considered to be 100. Numbers shown that are under 100 suggest losses that are better than average, while numbers above 100 indicate a higher chance of having a claim or tendency to have larger claims.
Kia Soul Insurance Claim Statistics
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Soul | 89 | 98 | 84 | 138 | 138 | 118 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Can’t I get rate quotes from local Austin car insurance agents?
Some consumers just want to go talk to an agent and that is a personal choice. Experienced insurance agents are very good at helping people manage risk and give you someone to call. The biggest benefit of comparing rates online is that you can find lower rates and also buy local. And supporting neighborhood insurance agencies is definitely important in Austin.
After completing this quick form, your insurance data gets sent to participating agents in Austin that can give you free Austin auto insurance quotes for your business. You won’t even need to search for any insurance agencies as quotes are delivered directly to you. If you need to compare rates from one company in particular, you would need to find their quoting web page to submit a rate quote request.
When researching a reliable insurance agency, there are two different types of agents and how they can write your policy. Insurance agents in Austin may be either independent (non-exclusive) or exclusive. Both sell affordable insurance policies, but it is a good idea to know the difference in the companies they write for since it could factor into which type of agent you select.
Independent Agents
These agents are normally appointed by many insurers and that gives them the ability to insure with multiple insurance companies and find the cheapest rate. If premiums increase, your agent can switch companies and the insured can keep the same agent. If you are comparing insurance prices, it’s recommended you compare prices from at least one independent agent to have the best price comparison.
Shown below are independent insurance agencies in Austin that may be able to give you free rate quotes.
EZ Insurance Agency – North
7600 N Lamar Blvd # E – Austin, TX 78752 – (512) 445-2700 – View Map
Ed Weeren Insurance Agency
300 E Highland Mall Blvd #208 – Austin, TX 78752 – (512) 454-5266 – View Map
AmeriFirst Insurance Agency, LLC
8300 N Mopac Expy #105 – Austin, TX 78759 – (512) 524-8808 – View Map
Exclusive Insurance Agencies
Agents of this type can usually just insure with one company such as Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agencies are unable to compare rates from other companies so keep that in mind. They are well schooled on sales techniques and that allows them to sell at a higher price point.
Shown below are exclusive insurance agents in Austin willing to provide rate quotes.
Bennie Council – State Farm Insurance Agent
6448 US-290 f110 – Austin, TX 78723 – (512) 454-4524 – View Map
Stuart Nalewaik – State Farm Insurance Agent
1717 W 6th St #214 – Austin, TX 78703 – (512) 382-6019 – View Map
Allstate Insurance: Amanda Escobar
8700 Manchaca Rd #405 – Austin, TX 78748 – (512) 280-9700 – View Map
Choosing the best insurance agency is decision based upon more than just the bottom line cost. Before buying a policy in Austin, get answers to these questions.
- Is working in the agency their full-time job?
- Are there any discounts for paying up front?
- When do they do policy reviews?
- Does the company use OEM repair parts?
- Can they provide you with a list of referrals?
- If you raise deductibles, how much can you save?
- Will they take your side in the event of a claim?
- Is every driver in your family covered?
Quote more to save more
As you shop your coverage around, you should never buy less coverage just to save a little money. There have been many situations where an insured cut uninsured motorist or liability limits only to find out that the savings was not a smart move. The aim is to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.
We covered many ways to shop for Kia Soul insurance online. The key concept to understand is the more companies you get prices for, the higher your chance of finding cheaper Austin auto insurance quotes. You may even be surprised to find that the best premium rates are with a lesser-known regional company. These smaller insurers often have lower prices on specific markets than their larger competitors like Allstate, GEICO and Progressive.
Even more information can be read at these sites:
- Booster Seat Ratings (iihs.org)
- Who Has Cheap Austin Car Insurance Rates for Drivers Under 25? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- What is a Telematics Device? (Allstate)
- Teen Driving Statistics (iihs.org)
- A Tree Fell on Your Car: Now What? (Allstate)