Cheap Rates for Kia Soul Insurance in Stockton

Unthinkable but true, over 70% of California drivers have remained with the same car insurance company for more than four years, and just under half have never shopped around. American insurance shoppers could save themselves about $850 a year just by comparing rates, but they just don’t understand how much money they would save if they switched to a cheaper policy.

The most effective way to get more affordable Kia Soul insurance is to do an annual price comparison from companies who provide auto insurance in Stockton.

Step 1: Try to comprehend how companies set rates and the things you can control to lower rates. Many rating factors that drive up the price such as speeding tickets, careless driving and a less-than-favorable credit rating can be remedied by paying attention to minor details.

Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO and Allstate, while agents who are independent can quote prices from multiple sources. View a list of agents

Step 3: Compare the price quotes to your existing policy and see if you can save money. If you find better rates and switch companies, make sure there is no lapse in coverage.

Step 4: Notify your current company to cancel your current coverage. Submit payment along with a signed and completed policy application to the newly selected company. Once the paperwork is finalized, store the certificate of insurance with your vehicle’s registration.

One key aspect when comparing rates is to make sure you enter similar deductibles and liability limits on every quote request and and to get quotes from every company you can. Doing this helps ensure the most accurate price comparison and the best price selection.

Insurance coverage details

The rate table displayed below highlights estimates of policy rates for Kia Soul models. Having a good understanding how insurance premiums are calculated can benefit drivers when making smart choices when comparing insurance rates.

Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Premium amounts do not factor in specific garaging location which can modify insurance rates substantially.

Auto insurance deductibles

One of the more difficult decisions when buying auto insurance is where should you set your physical damage deductibles. The premium rates below can help you understand the price difference of buying low and high physical damage coverage deductibles. The first data set uses a $100 deductible for comp and collision and the second data table uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Table data does not factor in specific location information which can impact auto insurance rates noticeably.

Based on these figures, using a $100 deductible will cost in the ballpark of $44 more each month or $528 annually than requesting the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at least 20 months between claims, you would probably save some money if you choose the higher deductible.

Drive safe and save

The example below demonstrates how speeding tickets and fender-benders can affect Kia Soul insurance costs for each age group. The rate quotes are based on a married female driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.

Full coverage or liability only

The information below illustrates the difference between Kia Soul insurance premiums with and without full coverage. The rates are based on no violations or accidents, $250 deductibles, marital status is single, and no additional discounts are factored in.

Guidelines for dropping full coverage

There is no clear-cut rule of when to eliminate physical damage coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Kia Soul claim settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $2,000 after paying your policy deductible. If it’s costing you more than $200 annually for physical damage coverage, then you might want to consider buying only liability coverage.

There are some situations where dropping full coverage is not financially feasible. If you still have a lienholder on your title, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not buy liability only.

Choices You Make Can Impact Your Insurance Premiums

Part of the auto insurance buying process is learning some of the factors that help determine your auto insurance rates. If you understand what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get better auto insurance rates.

The items below are some of the most common factors auto insurance companies consider when setting your rate level.

• Men drivers tend to cost more – Statistics show females are less aggressive when driving. However, don’t assume that women are better drivers. Men and women have auto accidents in similar numbers, but men have accidents that have higher claims. Men also have more aggressive citations like reckless driving and DUI. Male drivers age 16 to 19 tend to get in the most accidents and therefore are the most expensive to insure.

  The chart below illustrates the difference between Kia Soul car insurance costs for male and female drivers. The premiums assume no accidents, no driving violations, comp and collision included, $500 deductibles, single marital status, and no other discounts are factored in.

• Always keep your coverage in place – Having a gap between insurance policy dates is a fast way to pay more for auto insurance. Not only will you pay higher rates, not being able to provide proof of insurance will get you a revoked license or a big fine.
• Lower comp and collision deductibles cost more – Your deductibles state the amount of money the insured will be required to pay if you file a covered claim. Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. A few examples of covered claims could be a windshield broken by a bird, fire damage, or theft of your vehicle. The more of the claim you are required to pay out-of-pocket, the less money you will pay for auto insurance.
• If you don’t need it don’t buy it – There are quite a few additional extra coverages that sound like a good idea at the time when buying auto insurance. Insurance for vanishing deductibles, high-cost glass coverage, and additional equipment coverage are examples of these. They may seem like a good idea when buying your policy, but your money might be better spent on other coverage so get rid of them and save.

• Loss probability for a Kia Soul – Companies analyze the history of losses when determining insurance rates. Vehicles that tend to have higher loss trends will have a higher premium rate. The table shown below demonstrates the historical insurance loss data for Kia Soul vehicles.

  For each type of coverage, the claim amount for all vehicles, regardless of manufacturer or model, is represented as 100. Numbers that are below 100 suggest a better than average loss history, while numbers shown that are more than 100 indicate frequent claims or tendency to have larger claims.

  
  

  Car Insurance Loss Data for Kia Soul Models

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

  BETTER

  AVERAGE

  WORSE

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Cheaper rates are available

While you’re price shopping online, do not skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed comprehensive coverage or liability limits and learned later that it was a big error on their part. Your objective should be to buy enough coverage at an affordable rate but still have enough coverage for asset protection.

In this article, we presented many ways to get a better price on Kia Soul insurance in Stockton. It’s most important to understand that the more times you quote, the higher your chance of finding the cheapest Kia Soul rate quotes. Drivers may even discover the most savings is with the least-expected company. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate, GEICO and Progressive.

Cheaper Kia Soul insurance in Stockton can be found on the web in addition to many Stockton insurance agents, and you should compare price quotes from both so you have a total pricing picture. Some car insurance companies do not offer online price quotes and many times these small, regional companies prefer to sell through local independent agencies.

More resources

• Cellphones, Texting and Driving (iihs.org)
• Who Has the Cheapest Car Insurance for Teenage Females in Stockton? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Retired Military in Stockton? (FAQ)
• How Much are Car Insurance Quotes for a 20 Year Old Female in Stockton? (FAQ)
• Who Has the Cheapest Stockton Car Insurance Quotes for Drivers Over Age 60? (FAQ)
• Who Has the Cheapest Stockton Auto Insurance for a Toyota Highlander? (FAQ)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Insuring a Leased Car (Insurance Information Institute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)