Kia Soul Insurance Quotes in Jacksonville

If you want to find the absolute lowest rates, then the best way to find cheaper prices for Kia Soul insurance in Jacksonville is to regularly compare quotes from insurance carriers who provide car insurance in Florida. Rate comparisons can be done by following these guidelines.

First, try to comprehend how car insurance works and the changes you can make to prevent rate increases. Many rating criteria that result in higher prices like inattentive driving and an unfavorable credit rating can be remedied by improving your driving habits or financial responsibility.

Second, obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from one company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes for a wide range of insurance providers.

Third, compare the new quotes to the premium of your current policy to determine if you can save on Soul insurance. If you find a better price and decide to switch, make sure there is no coverage gap between policies.

Fourth, give notification to your current company of your intent to cancel the current policy and submit a completed application and payment for your new coverage. As soon as you have the new policy, store the certificate verifying coverage with your registration paperwork.

One piece of advice is that you’ll want to compare the same level of coverage on each quote and and to look at as many different insurance providers as possible. This enables an apples-to-apples comparison and a thorough selection of prices.

Amazingly, a recent NerdWallet.com study showed that almost 70% of insureds in Florida kept buying from the same company for a minimum of four years, and 38% of customers have never even compared quotes to find cheaper rates. American insurance shoppers could save an average of almost $860 each year just by shopping around, but they don’t invest the time required to find cheaper rates by getting comparison quotes.

If you’re already insured, you stand a good chance to be able to buy cheaper insurance using these tips. Getting quotes for the best-priced insurance in Jacksonville is actually quite simple. But Florida vehicle owners need to have an understanding of how companies calculate your insurance rates because it varies considerably.

Data for Kia Soul insurance

The information shown next covers a range of insurance policy prices for Kia Soul models. Having knowledge of how insurance prices are determined can help customers make informed decisions when comparing rate quotes.

Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Premium amounts do not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates significantly.

Comparison of policy deductibles

One frequently asked question is how high should the physical damage coverage deductibles be. The comparison tables below can help you visualize the premium difference of buying low and high policy deductibles. The first rate quote example uses a $100 deductible for comprehensive and collision coverage and the second price chart uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Estimates do not factor in specific garaging location which can influence prices significantly.

We can estimate from the data above that using a $100 deductible costs an average of $42 more each month or $504 a year across all Kia Soul models than requesting the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 21 months between claims, you would most likely save money if you choose the higher deductible. The numbers below show how you can perform this determination yourself.

An important thing to remember is that a higher deductible level results in having to pay to pay more out-of-pocket when you file a claim. That will require enough savings in order to pay the higher deductible in order to repair your vehicle.

The information below shows how different deductible levels and can impact Kia Soul insurance rates for each age group. The information is based on a married male driver, comp and collision included, and no other discounts are factored in.

Careless driving habits raise insurance rates

The illustration below illustrates how traffic citations and fender-benders impact Kia Soul insurance prices for different ages of insureds. The costs are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied.

Kia Soul liability rates compared to full coverage

The information below shows the difference between Kia Soul yearly insurance costs with full coverage compared to only the Florida minimum liability coverage. The data is based on no claims, a clean driving record, $250 deductibles, drivers are not married, and no discounts are factored in.

When to drop full coverage

There is no set guideline that is best for determining when to drop full coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your Kia Soul replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $8,000 after you pay the deductible. If it’s costing in excess of $800 a year for comprehensive and collision coverage, then it might be time to buy liability only.

There are some cases where buying only liability insurance is not advised. If you haven’t satisfied your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Car insurance policy coverages for a Kia Soul

Learning about specific coverages of a car insurance policy can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like X-ray expenses, funeral costs, ambulance fees, chiropractic care and dental work. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Coverage for liability

Liability insurance will cover damage or injury you incur to people or other property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 10/20/10 which means a limit of $10,000 per injured person, $20,000 for the entire accident, and $10,000 of coverage for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as repair bills for other people’s vehicles, pain and suffering, funeral expenses and loss of income. How much liability should you purchase? That is up to you, but you should buy as much as you can afford. Florida requires drivers to carry at least 10/20/10 but you should consider buying higher limits.

The illustration below demonstrates why minimum state limits may not provide adequate coverage.

Collision protection

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as hitting a parking meter, damaging your car on a curb, crashing into a ditch, sustaining damage from a pot hole and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to raise the deductible on your Soul to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Kia Soul.

Due to the fact that many Florida drivers only carry the minimum required liability limits (which is 10/20/10), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive car insurance

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like falling objects, damage from flooding and vandalism. The most your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Cover all your bases

We covered a lot of tips how to lower your Kia Soul insurance rates in Jacksonville. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the best rates are with an unexpected company.

Drivers leave their current company for any number of reasons including denial of a claim, high prices, poor customer service and an unsatisfactory settlement offer. It doesn’t matter what your reason, choosing a new company is not as hard as you think.

Cost effective Kia Soul insurance is attainable online as well as from independent agents in Jacksonville, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies don’t offer internet price quotes and many times these small, regional companies only sell through independent agents.

More tips and info about insurance can be found by following these links:

• Coverage Information (Progressive Insurance)
• What is the Best Cheap Auto Insurance in Jacksonville, Florida? (FAQ)
• Who Has Cheap Auto Insurance for Veterans in Jacksonville? (FAQ)
• Who Has the Cheapest Auto Insurance for a Nissan Rogue in Jacksonville? (FAQ)
• What are my Rights when Filing a Claim? (Insurance Information Institute)
• Distracted Driving Extends Beyond Texting (State Farm)
• Side Impact Crash Tests (iihs.org)