Car Insurance Rate Quotes for a Kia Soul in Raleigh

If you want to save the most money, the best way to get budget Kia Soul insurance in Raleigh is to do an annual price comparison from providers who sell auto insurance in North Carolina. Price quotes can be compared by completing these steps.

• First, get an understanding of how your policy works and the measures you can control to prevent expensive coverage. Many risk factors that result in higher prices such as traffic citations, accidents, and bad credit can be improved by making minor changes in your lifestyle.
• Second, quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive and State Farm, while independent agencies can provide prices for a wide range of insurance providers.
• Third, compare the price quotes to your existing policy to see if you can save by switching companies. If you find a lower rate quote and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
• Fourth, provide adequate notice to your current company of your intention to cancel your current policy and submit payment along with a signed and completed policy application to the new company. Once the application is submitted, keep the new certificate verifying coverage with your vehicle’s registration.

The key aspect of shopping around is that you’ll want to compare identical limits and deductibles on every quote request and and to look at every company you can. Doing this helps ensure the most accurate price comparison and the best price quote selection.

It’s a fact that auto insurance companies don’t want you to look for a cheaper policy. Consumers who compare other rates are likely to switch companies because there is a significant possibility of finding a policy with better rates. Remarkably, a study showed that drivers who made a habit of comparing rates saved an average of $3,400 over four years compared to other drivers who never shopped for cheaper rates.

If finding the lowest rates on Kia Soul insurance in Raleigh is why you’re here, then learning about how to quote prices and compare auto insurance can help make the process easier.

Finding affordable auto insurance coverage in Raleigh is not that difficult as long as you know where to start. Just about every vehicle owner who needs lower cost auto insurance will probably buy a cheaper policy. Nevertheless, North Carolina consumers do need to know the way companies sell online because it can help you find the best coverage.

Best Kia Soul insurance rates in North Carolina

The companies shown below have been selected to offer free rate quotes in Raleigh, NC. If you want the best car insurance in Raleigh, NC, we recommend you visit as many as you can to get the best price comparison.

Car insurance data for a Kia Soul

The coverage information shown below showcases a range of coverage costs for Kia Soul models. Understanding more about how car insurance premiums are established can be of help when making smart policy decisions.

Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Prices do not factor in specific garaging location which can influence prices substantially.

Deductible comparison

The hardest decision when buying coverage is what deductibles to buy. The premium rates below can help illustrate the price difference when you select higher and lower physical damage deductibles. The first rate table uses a $250 physical damage deductible and the second price chart uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Premium costs do not factor in specific location which can modify coverage rates considerably.

We can estimate from the data above that using a $250 deductible costs roughly $10 more each month or $120 annually across all Kia Soul models than requesting the higher $500 deductible. Because you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you average at a minimum 25 months between claims, you would probably be better off if you elect the higher deductible.

Comparison of car insurance rates by gender and age

The chart below shows the comparison of Kia Soul car insurance costs for male and female drivers. The costs are based on no tickets, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no discounts are applied.

Do you need full coverage?

The illustration below compares Kia Soul insurance premiums with full coverage compared to only the North Carolina minimum liability coverage. The premiums assume no claims or driving violations, $500 deductibles, drivers are single, and no other discounts are factored in.

When to stop buying comprehensive and collision coverage

There is no set rule to exclude physical damage insurance, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then you might consider buying liability only.

For example, let’s assume your Kia Soul replacement value is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after paying your deductible. If it’s costing you more than $200 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where eliminating full coverage is not financially feasible. If you still have a loan on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not consider dropping full coverage.

The Kia Soul Insurance Cost Equation

Multiple criteria are taken into consideration when premium rates are determined. Some are obvious like a motor vehicle report, although others are more obscure like where you live or your vehicle rating. The best way to find cheaper auto insurance is to take a look at some of the things that help calculate the rates you pay for auto insurance. When you know what positively or negatively determines base rates, this enables you to make decisions that can earn you lower auto insurance prices.

Responsible drivers pay less – How you drive has a huge affect on how much you pay. Drivers with clean records receive lower rates compared to bad drivers. Even one moving violation can bump up the cost to the point where it’s not affordable. Drivers who have gotten severe violations such as DWI, reckless driving or hit and run convictions may be required to file a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.

The illustration below demonstrates how traffic citations and accidents impact Kia Soul insurance costs for each different age category. The price estimates are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

Low mileage costs less – The more you drive your Kia in a year the more you will pay for auto insurance. Almost all companies rate vehicles based upon how much you drive. Vehicles not used for work or commuting cost less to insure as compared to vehicles used primarily for driving to work. It’s a smart idea to ensure your auto insurance declarations sheet properly reflects the right rating data, because improper ratings can cost you money. An incorrectly rated Soul may be wasting your money.

How much liability – A critical coverage on your policy, liability insurance will afford coverage if ever you are found liable for an accident. It provides legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.

Impacts performance impacts auto insurance costs – The make and model of the car you need insurance for makes a big difference in your premium level. The best insurance prices are usually for the lowest performance passenger cars, but that’s not the only thing that factors into the final price.

The chart below is based on a single male driver age 20, full coverage with $250 deductibles, and no discounts or violations. It compares Kia Soul insurance premiums compared to other models of vehicles that have a range of performance risks.

Big cities mean more claims – Having an address in less populated areas of the country is a good thing when shopping for auto insurance. Fewer drivers on the road means less chance of accidents and a lower car theft rate. Drivers who live in large North Carolina cities have more traffic problems and more time behind the wheel. Spending more time driving means a statistically higher chance of an accident.

Extra policy coverages that may not be needed – Insurance companies have many extra bells and whistles that can waste your money on your auto insurance policy. Coverages for vanishing deductibles, accident forgiveness, and term life insurance are some examples. These coverages may sound good when discussing your needs, but if they’re wasting money eliminate the coverages to reduce your premium.

Kia Soul historical loss data – Insurance companies use statistical claims data to calculate a rate that will offset losses. Vehicles that are shown to have higher claim amounts or frequency will cost more for coverage. The table below shows the actual insurance loss data for Kia Soul vehicles.

For each policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is considered to be 100. Values that are below 100 suggest losses that are better than average, while values that are above 100 indicate frequent claims or an increased chance of larger losses than average.

Discounts for lower-cost insurance rates

Car insurance companies do not list every available discount in a way that’s easy to find, so the following list contains a few of the more well known and also the more inconspicuous discounts that you can inquire about if you buy Raleigh auto insurance online. If you do not check that you are getting every discount available, you are throwing money away.

• Safety Course Discount – Taking part in a course teaching defensive driver skills could earn you a small percentage discount if your company offers it.
• Clubs and Organizations – Participating in a civic or occupational organization in Raleigh could trigger savings on your bill.
• 55 and Retired – Drivers over the age of 55 are able to get a small decrease in premiums.
• Onboard Data Collection – Insureds that choose to allow their insurance company to scrutinize where and when they drive through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they have good driving habits.
• College Student Discount – Youth drivers who live away from home at college and do not take a car to college may be insured at a cheaper rate.
• Payment Method – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
• Discount for New Cars – Insuring a vehicle that is new can get you a discount due to better safety requirements for new vehicles.
• Military Deployment Discount – Being on active deployment in the military may lower your insurance rates slightly.
• Policy Bundle Discount – If you have multiple policies with one insurance company they may give you a discount of at least 10 to 15 percent or more.

As a disclaimer on discounts, most credits do not apply to the entire cost. Some only apply to individual premiums such as physical damage coverage or medical payments. So when it seems like you can get free auto insurance, it doesn’t quite work that way. But any discount will definitely reduce your overall bill.

The example below illustrates the difference between Kia Soul auto insurance rates with and without discounts being applied to the rates. The prices are based on a male driver, no claims or violations, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-car, multi-policy, and claim-free discounts applied.

To find insurance companies who offer online Kia Soul insurance quotes in Raleigh, follow this link.

When to get advice from an insurance agency

Some consumers still prefer to buy from a licensed agent and that can be a great decision The best thing about getting online price quotes is the fact that you can find the lowest rates but still work with a licensed agent.

Upon completion of this form (opens in new window), the quote information is transmitted to companies in Raleigh who will give you quotes and help you find cheaper coverage. There is no need to drive around because quoted prices will be sent to you. You can most likely find cheaper rates without requiring a lot of work. If you need to compare rates from one company in particular, you just need to go to their quote page and submit a quote form there.

Finding the right provider should depend on more than just the quoted price. Below are some questions you should ask.

• Which companies do they recommend if they are an independent agency?
• Do you work with a CSR or direct with the agent?
• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• Are they giving you every discount you deserve?
• What insurance company do they write the most business with?
• What kind of financial rating does the company have?
• Are claim adjusters local or do you have to take your car somewhere else?

If you would like to find a reputable agency, it’s important to understand the different types of agents and how they can service your needs differently. Insurance agencies are categorized either independent or exclusive.

Exclusive Insurance Agents

Exclusive agents are contracted to one company and examples are Allstate, State Farm and Farmers Insurance. They are unable to compare other company’s rates so they have no alternatives for high prices. These agents are very knowledgeable on the products they sell which helps overcome the inability to quote other rates. Drivers often buy from the same agent for years partially due to the brand legacy rather than having the cheapest rates.

The following is a short list of exclusive agencies in Raleigh that are able to give rate quotes.

• Lindsay Gianni – State Farm Insurance Agent
  12333 Strickland Rd #106 – Raleigh, NC 27613 – (919) 329-2913 – View Map
• Allstate Insurance: Thomas Walters
  5620 Six Forks Rd Ste 103 – Raleigh, NC 27609 – (919) 848-8105 – View Map
• Anthony Sykes – State Farm Insurance Agent
  4030 Wake Forest Rd Ste 106 – Raleigh, NC 27609 – (919) 850-0560 – View Map

View more Raleigh agents

Independent Agencies or Brokers

Agents that elect to be independent can quote rates with many companies and that allows them to write policies with lots of companies and find the cheapest insurance rates. If they find a lower price, they simply move the coverage in-house and you won’t have to switch agencies. If you are comparing rate quotes, you will definitely want to get some free quotes from a few independent agents to get the best comparison. Most can insure with small mutual carriers which can be an advantage.

Listed below are independent agents in Raleigh that are able to give price quote information.

• Blackmon Insurance Agency of North Carolina, Inc.
  4280 Louisburg Rd – Raleigh, NC 27604 – (919) 875-8500 – View Map
• HealthMarkets Insurance Agency
  3700 National Dr #100 – Raleigh, NC 27612 – (919) 720-4724 – View Map
• Nationwide Insurance: Carter Glass Insurance Agency
  5901 Falls of Neuse Rd – Raleigh, NC 27609 – (919) 872-1778 – View Map

View more Raleigh agents

If you feel you receive good responses to all your questions as well as offering an affordable quote, most likely you have located an auto insurance agent that can insure your vehicles. But keep in mind it’s your coverage and you can terminate coverage at any time so don’t feel that you’re stuck with any specific agency for the full term.

What is the best auto insurance coverage?

When selecting the best auto insurance coverage for your personal vehicles, there really is no one-size-fits-all type of policy. Everyone’s situation is a little different.

These are some specific questions can help discover if your insurance needs might need an agent’s assistance.

• Where can I find high-risk insurance?
• Is my teenager covered with friends in the car?
• Am I covered by my spouse’s policy after a separation?
• Am I covered if I crash into my own garage door?
• Are my company tools covered if they get stolen?
• Is my camper covered by my car insurance policy?
• Who is covered when they drive my Kia Soul?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Don’t give up on cheap rates

While you’re price shopping online, don’t be tempted to buy less coverage just to save a little money. There are too many instances where consumers will sacrifice collision coverage only to discover later that the small savings ended up costing them much more. The ultimate goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

Budget-conscious Kia Soul insurance can be bought from both online companies as well as from independent agents in Raleigh, and you need to comparison shop both to get a complete price analysis. Some insurance providers may not provide the ability to get a quote online and most of the time these small insurance companies only sell coverage through local independent agents.

Throughout this article, we presented some good ideas how you can shop for Kia Soul insurance online. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers could even find that the lowest premium rates come from a lesser-known regional company.

To learn more, link through to these articles:

• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• What Car Insurance is Cheapest for a Toyota 4Runner in Raleigh? (FAQ)
• Who Has Cheap Raleigh Car Insurance Quotes for a Toyota Camry? (FAQ)
• Who Has the Cheapest Raleigh Auto Insurance Rates for Teachers? (FAQ)
• Who Has Cheap Raleigh Auto Insurance Quotes for Electric Cars? (FAQ)
• What Auto Insurance is Cheapest for Good Drivers in Raleigh? (FAQ)
• Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• Electronic Stability Control FAQ (iihs.org)
• Older Driver Statistics (Insurance Information Institute)