Kia Soul Insurance Rates

If you’ve ever asked yourself if a Kia Soul is expensive to insure, then you’ve come to the right place. The average Kia Soul insurance rates cost around $116 per month or $1,388 annually.

While there are several elements that influence your Kia Soul car insurance rates, some of the most important factors include the driver’s age, location, and personal driving record. However, the age of your Kia Soul model as well as the trim level can also impact your premiums. 

For example, the 2018 Kia Soul auto insurance rates are slightly higher than the 2016 Kia Soul insurance rates. Older cars tend to cost less to insure because they are more affordable to fix and replace. 

So how much is car insurance on a Kia Soul going to cost you? Keep reading and we’ll explore all of these details you need in this article to give you a firm understanding of how much it costs to insure a Kia Soul, and how you can earn cheap car insurance rates.

When you’re ready, you can start comparing affordable Kia Soul insurance quotes from multiple companies right now by entering your ZIP code into our free online tool above.

The average insurance prices for a Kia Soul are $1,278 every 12 months including full coverage. Comprehensive insurance costs approximately $248, collision costs $430, and liability is estimated at $442. A liability-only policy costs approximately $496 a year, with high-risk insurance costing $2,770 or more. Teens cost the most to insure at $4,900 a year or more.

Average premium for full coverage: $1,278

Policy rates by type of insurance:

Full coverage includes $500 policy deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for all Soul models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than cities with more traffic congestion.

The example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above highlight why everyone should get quotes using their specific location and their own driving history, instead of using averaged prices.

Use the form below to get customized rates for your location.

Additional Rate Analysis

The chart below breaks down estimated Kia Soul insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $745
• Choosing higher $1,000 deductibles can save $154 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,278
• Selecting pricier low deductibles for comp and collision coverage costs an extra $300 every year
• Unlucky drivers with serious driving violations could pay around $2,770 or more
• Policy cost to insure a teen driver for full coverage can cost $4,900 each year

View Chart as Image

Car insurance rates for a Kia Soul also range considerably based on liability limits and deductibles, your driving characteristics, and the model of your Soul.

Choosing higher comprehensive and collision insurance deductibles can save as much as $460 every year, whereas buying more liability protection will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $398 extra every 12 months. View Rates by Deductible or Liability Limit

A more mature driver with no driving violations and higher deductibles may pay as little as $1,200 annually on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged in the ballpark of $4,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying anywhere from $1,500 to $2,100 extra every year, depending on your age. Kia Soul insurance for high-risk drivers ranges as much as 43% to 131% more than the average policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Kia Soul insurance prices. A good driver about age 40 could pay as low as $980 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,830 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to regularly compare rates and see which company has the best rate. Each auto insurer calculates rates differently, so rate quotes will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2020 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for More Affordable Kia Soul Insurance

Finding cheaper rates on car insurance takes being safe and accident-free, maintaining a good credit score, paying for small claims out-of-pocket, and avoiding coverage lapses. Set aside time to compare rates at least every other year by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

Below you'll find a summary of the car insurance concepts covered above.

• Higher risk drivers who have multiple accidents or major violations could be charged and average of $1,490 more per year than a low-risk driver
• You may be able to save around $150 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $450 each year
• Policyholders who purchase more liability protection will pay approximately $490 per year to raise limits from a 30/60 limit to a 250/500 level

As you’ve learned from the information above, many different factors impact your Kia Soul car insurance costs. The state you live in, your age, and even the model year of your Kia Soul will change what you pay for insurance. 

Now that you have a better understanding of how a Kia Soul car insurance company might determine an individual driver’s rates, the next step is to compare Kia Soul insurance costs from several top insurers.

You might still be asking, “Is Kia Soul expensive to insure?”. The best way to answer your question is by comparing rates. Before you actually buy Kia Soul car insurance, make sure you compare policies and rates from multiple different providers to ensure you’re getting your best policy.

You can do that right now by using our free quote tool below.

What are the Kia Soul safety ratings?

It’s important to consider the safety ratings of the Kia Soul to get an objective view of how well the car protects its occupants in the event of a collision. Insurance providers also look at this information and will set insurance rates accordingly. 

The ratings below show the breakdown of the crash test ratings for the 2021 Kia Soul. The following results were conducted by the Insurance Institute for Highway Safety (IIHS).

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good 
• Head restraints and seats: Good

A rating of ‘Good’ is the highest possible score awarded by the IIHS. As you can see, the Kia Soul achieved the highest rating possible in every area. Even better, the 2021 Kia Soul was chosen as a Top Safety Pick when equipped with specific headlights.

Your insurance rates will already reflect these impeccable safety scores. 

Like safety ratings, crash test results are also considered by insurance companies when determining car insurance rates. 

See the results of the Kia Soul crash test ratings over the years as performed by the National Highway Traffic Safety Administration (NHTSA) in the table below.

Kia Soul Crash Test Ratings

A 5-star rating is the highest score given by the NHTSA. Overall, the Kia Soul has performed very well throughout the years. 

Because this vehicle proves to be both safe and reliable, your insurance rates are positively impacted.

Should you compare the Kia Soul to other vehicles in the same car class?

Comparing your car model to other similar vehicles in the same car class is a great way to estimate your insurance costs and any potential losses. 

Technically classified as a small four-door wagon, the Kia Soul is lighter than other models on the road, making it prone to rollovers, which is something that insurance companies consider during the quoting process.

However, so long as the Insurance Institute for Highway Safety (IIHS) reflects that the Kia Soul has favorable insurance loss percentages for its class, you can still save on Kia Soul insurance rates.

See the Kia Soul insurance loss probability details in the table below.

Kia Soul Insurance Loss Probability

The higher the percentage, the worse the insurance loss ratio. The Kia Soul was average in most categories, however, this car has worse than average insurance loss ratios in the personal injury and medical payment categories.

If you require PIP or MedPay coverage, expect those specific car insurance costs to be higher than average. On the other hand, your comprehensive rates will be more competitive as the Kia Soul performs better than average in that category.  

Take a look at a few similar four-door wagons to see how their average insurance rates compare to the Kia Soul.

• Chevrolet Sonic
• Ford Focus
• Subaru Impreza

You are now an expert on securing affordable Kia Soul car insurance. Now that we have gone into great detail about how insurance rates for the Kia Soul are determined, is there anything you want to know more about?

If not, be sure to use our free online tool to start comparing Kia Soul insurance quotes from multiple providers today.

Don’t buy Kia Soul car insurance without searching for competitive rates. Simply enter your ZIP code into our free online quote comparison tool to start comparing Kia Soul rates from reputable providers near you.

References:

1. https://www.iihs.org/ratings/vehicle/Kia/soul-4-door-wagon/2021
2. https://www.nhtsa.gov/vehicle/2021/KIA/SOUL/SUV/FWD
3. https://www.iihs.org/ratings/insurance-losses-by-make-and-model