Cheap Rate Quotes for Kia Soul Insurance in San Antonio

  1. Home
  2. >
  3. Popular Vehicles
  4. >
  5. Kia Soul

Kia Soul insurance
Kia Soul insurance image courtesy of

Pricey Kia Soul insurance in San Antonio can stress out your budget and maybe even restrict other spending. Comparing rate quotes can help to slash your bill and have more diposable income.

Discount Kia Soul insuranceIt's well known that car insurance companies don't want policyholders to shop around. People who compare price quotes are very likely to buy a new policy because the odds are good of finding a policy with more affordable rates. A recent survey discovered that consumers who compared prices once a year saved $70 a month compared to drivers who didn't regularly shop around.

If saving the most money on car insurance is why you're reading this, then having an understanding of how to quote and compare auto insurance can make the process less intimidating. Having so many companies to choose from that have cheap insurance for a Kia Soul in San Antonio, it can be hard to locate the cheapest insurance company.

Cheap companies for Kia Soul insurance

The companies in the list below offer price comparisons in Texas. If multiple providers are shown, we suggest you get rate quotes from several of them to get the most affordable price.

Facts and figures for Kia Soul insurance

The price information displayed next covers a range of insurance coverage prices for Kia Soul models. Learning a little about how insurance prices are determined can help drivers make decisions on the best policy to buy.

Kia Soul Insurance Rates in San Antonio, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $202 $384 $514 $30 $154 $1,284 $107
Soul Plus $202 $384 $514 $30 $154 $1,284 $107
Soul Exclaim $228 $384 $514 $30 $154 $1,310 $109
Soul Sport $228 $384 $514 $30 $154 $1,310 $109
Get Your Own Custom Quote Go

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can affect coverage prices significantly.

Policy deductibles

When buying auto insurance, a common question is which comprehensive and collision deductibles to buy. The data tables below lay out how much more you'll pay when you buy lower versus higher physical damage deductibles. The first set of prices uses a $100 physical damage deductible and the second rate chart uses a $500 deductible.

Kia Soul insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $328 $592 $382 $22 $114 $1,463 $122
Soul Plus $328 $592 $382 $22 $114 $1,463 $122
Soul Exclaim $370 $592 $382 $22 $114 $1,505 $125
Soul Sport $370 $592 $382 $22 $114 $1,505 $125
Get Your Own Custom Quote Go
Kia Soul insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $240 $400 $382 $22 $114 $1,158 $97
Soul Plus $240 $400 $382 $22 $114 $1,158 $97
Soul Exclaim $270 $400 $382 $22 $114 $1,188 $99
Soul Sport $270 $400 $382 $22 $114 $1,188 $99
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Rate quotes do not factor in specific San Antonio garaging location which can modify premium rates significantly.

Based on these figures, using a $100 deductible costs roughly $26 more each month or $312 for a full year than choosing the higher $500 deductible. Since you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you have at a minimum 15 months between claims, you would probably come out ahead if you elect the higher deductible.

How to calculate deductible break even point

Average monthly premium for $100 deductibles: $124
Average monthly premium for $500 deductibles (subtract): - $98
Monthly savings from raising deductible: $26
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One important note is that raising deductibles to save money means you will have to cover more of the damage yourself at claim time. You need to have some funds available in order to pay more for the deductible.

The illustration below highlights how deductible choice and can impact Kia Soul premium costs for different age groups of insureds. The premiums assume a single male driver, comp and collision included, and no policy discounts are applied.

Full coverage rates compared to liability-only

The diagram below compares Kia Soul yearly insurance costs with full coverage and liability only. The price estimates are based on no violations or accidents, $100 deductibles, single status, and no other discounts are factored in.

Guidelines for dropping full coverage

There is no exact rule to exclude physical damage coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.

For example, let's say your Kia Soul claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after paying your policy deductible. If premiums are more than $400 annually for physical damage coverage, then you might consider buying liability only.

There are a few situations where eliminating full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Four factors that affect insurance prices

Many things are taken into consideration when you quote your car insurance policy. Most are fairly basic such as your driving history, but some are more obscure such as your credit history or how financially stable you are. Consumers need to have an understanding of the factors that help determine your premiums. When consumers understand what influences your rates, this empowers consumers to make smart changes that can earn you lower auto insurance prices.

Your gender affects premiums - Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. This data doesn't prove that males are worse at driving than females. Males and females cause auto accidents in similar percentages, but guys have accidents that have higher claims. They also receive more major tickets like DWI (DUI) or reckless driving.

The illustration below illustrates the difference between Kia Soul auto insurance rates for male and female drivers. Data assumes no driving violations, no at-fault accidents, comp and collision included, $500 deductibles, drivers are not married, and no discounts are taken into consideration.

Responsible credit saves on auto insurance - Credit history is likely to be a major factor in determining what you pay. Therefore, if your credit can be improved, you could pay less to insure your Kia Soul if you improve your credit rating. Insureds with very high credit ratings tend to be better risks to insure than drivers with poor credit scores.

Buy as much liability insurance as you can afford - The liability coverage on your policy is the coverage that protects you when a court rules you are at fault for causing damage or personal injury in an accident. It will provide legal defense coverage which can cost a lot. This coverage is very inexpensive compared to other policy coverages, so buy as much as you can afford.

Insurance premiums are higher for high performance vehicles - The type of vehicle you are buying insurance for makes a substantial difference in determining your rates. Small economy passenger cars usually are quite affordable to insure, but the final cost of insurance is determined by many other factors.

The following chart uses these assumptions: married female driver age 50, full coverage with $250 deductibles, and no discounts or violations. It compares Kia Soul insurance rates compared to other models that have a range of performance risks.

Kia Soul statistical loss data - Insurers analyze past claim statistics to calculate a price that will offset any claims. Models that historically have higher losses will have higher rates for specific coverages. The data below shows the loss history for Kia Soul vehicles.

For each insurance policy coverage type, the statistical loss for all vehicles compiled together is a value of 100. Percentage numbers below 100 imply a favorable loss record, while values that are above 100 show a trend for more claims or tendency to have larger claims.

Insurance Loss Ratings for Kia Soul Vehicles
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Kia Soul 89 98 84 138 138 118

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lower rates by qualifying for discounts

Some companies don't always publicize every available discount in an easy-to-find place, so the list below details both the well known and also the more inconspicuous discounts that you may qualify for.Car insurance discounts

  • Pay Now and Pay Less - If you pay your bill all at once rather than paying monthly you can avoid the installment charge.
  • Student in College - Children who live away from home at college and won't have access to an insured vehicle could qualify for this discount.
  • Save over 55 - Older drivers can possibly qualify for lower premium rates.
  • Drivers Ed for Students - Require your teen driver to complete a driver education course if offered at their school.
  • Discounts for Good Drivers - Accident-free drivers can pay as much as 50% less as compared to drivers with claims.
  • Drive Less and Save - Fewer annual miles on your Kia may enable drivers to earn better car insurance rates on cars that stay parked.
  • Auto/Home Discount - If you insure your home and vehicles and insure them with the same company you could get a discount of at least 10% off all policies.

Remember that some of the credits will not apply to your bottom line cost. Most only reduce individual premiums such as medical payments or collision. So when it seems like you would end up receiving a 100% discount, you won't be that lucky. Any amount of discount should help lower your policy cost.

The example below shows the difference between Kia Soul insurance rates with and without discounts. The rates are based on a female driver, no claims, a clean driving record, Texas state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, claim-free, multi-car, marriage, and safe-driver discounts applied.

To see a list of companies offering car insurance discounts in San Antonio, click this link.

Buying from insurance agents

Many people would prefer to get advice from a local agent and that is just fine! Good agents are trained to spot inefficiencies and help in the event of a claim. A good thing about comparing rate quotes online is you can get the lowest rates and also buy local.

Insurance agents in San AntonioAfter completing this quick form, your insurance data is emailed to local insurance agents in San Antonio who will gladly provide quotes for your auto insurance coverage. You don't have to contact any insurance agencies due to the fact that quote results will go instantly to you. If you need to quote rates from a specific auto insurance provider, just search and find their rate quote page and fill out the quote form the provide.

Finding the right insurance company shouldn't rely on just a cheap price quote. These are some valid questions you should ask.

  • Are claims handled at the agent's location?
  • Are they actively involved in the community?
  • Will you work with the agent or an assistant?
  • Do they offer claims assistance after hours?
  • How often do they review coverages?
  • Are there any discounts for paying up front?
  • Do they have a Better Business Bureau rating in San Antonio?
  • Will one accident increase rates?

When searching for a reputable insurance agent or broker, you should know the types of insurance agents and how they operate. Insurance agencies in San Antonio are either independent or exclusive depending on the company they work for. Either type can insure your vehicles, but it's important to point out the differences since it may influence which agent you choose.

Exclusive Agents

Exclusive insurance agents can only write with one company like Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents are unable to provide rate quotes from other companies so you might not find the best rates. Exclusive agents are well schooled on their company's products and that allows them to sell at a higher price point.

Listed below are exclusive insurance agents in San Antonio that can give you comparison quotes.

10103 TX-1604 Loop #102 - San Antonio, TX 78254 - (210) 688-7707 - View Map

7863 Callaghan Rd #105 - San Antonio, TX 78229 - (210) 616-0662 - View Map

1775 Encino Rio Boulevard - San Antonio, TX 78259 - (210) 496-9533 - View Map

More insurance agents

Independent Auto Insurance Agencies

Independent agents are not limited to a single company so as a result can place your coverage through many companies and possibly get better coverage at lower prices. If prices rise, your agent can just switch to a different company without you having to go to a different agency. When searching for an agent, you should always contact independent agents in order to compare the most rates.

Shown below are San Antonio independent agencies who can help you get price quote information.

800 Isom Rd # 100 - San Antonio, TX 78216 - (210) 366-5094 - View Map

15335 San Pedro Ave - San Antonio, TX 78232 - (210) 979-9000 - View Map

Legion Insurance Agency
5309 Wurzbach Rd - San Antonio, TX 78230 - (210) 693-1501 - View Map

More insurance agents

After talking to the agent and getting good feedback to all your questions as well as the cheapest Kia Soul insurance in San Antonio quotes, you have narrowed it down to an insurance agent that meets your needs to properly insure your vehicles. Just remember you can always cancel your coverage at any point so never assume that you're stuck with any particular company with no way to switch.

Cheap auto insurance is out there

While you're price shopping online, it's not a good idea to sacrifice coverage to reduce premiums. In many cases, an insured cut comprehensive coverage or liability limits and discovered at claim time that the small savings ended up costing them much more. Your focus should be to buy a smart amount of coverage at a price you can afford, but don't skip important coverages to save money.

We covered some good ideas how to find cheap Kia Soul insurance in San Antonio. The key concept to understand is the more you quote San Antonio auto insurance, the more likely it is that you will get a better rate. You may even be surprised to find that the most savings is with the smaller companies. Smaller companies can often provide lower prices in certain areas than their larger competitors like Progressive and GEICO.

More learning opportunities