Are you tired of trying to find more affordable Kia Soul insurance in Los Angeles? Having to pay for overpriced car insurance in Los Angeles can dry up your personal savings and force you to cut corners elsewhere.
It’s a known fact that insurance companies don’t want their policyholders to compare prices. Drivers who get price comparisons are highly likely to move their business because there is a good chance of finding coverage at a more affordable price. A survey found that drivers who made a habit of comparing rate quotes saved over $3,500 over four years as compared to drivers who didn’t regularly shop around.
If finding discount rates on auto insurance is your objective, then understanding how to find and compare insurance can help you succeed in saving money. Due to the fact that there are so many options when it comes to car insurance, it is hard for the average consumer to choose the most cost effective car insurance provider.
The companies shown below are our best choices to provide free rate quotes in California. If more than one company is shown, it’s a good idea that you visit several of them to get a more complete price comparison.
Save with these money saving discounts
Some insurance providers don’t necessarily list every possible discount in an easy-to-find place, so the following list contains both the well known and also the lesser-known discounts that you can inquire about if you buy Los Angeles auto insurance online. If you do not double check each discount you qualify for, you are just wasting money.
- Driver’s Education for Students – Teen drivers should complete a driver education course in high school.
- Multi-car Discount – Purchasing coverage when you have several vehicles with the same company can get a discount for every vehicle.
- Low Miles Discount – Maintaining low annual mileage can qualify you for discounted premium rates on garaged vehicles.
- Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
- Government Employees – Federal government employees can save as much as 8% depending on your car insurance provider.
As a disclaimer on discounts, most discount credits are not given to the entire policy premium. The majority will only reduce specific coverage prices like comp or med pay. So when the math indicates all those discounts means the company will pay you, nobody gets a free ride.
The information below shows the difference between Kia Soul auto insurance costs with and without discounts applied to the policy premium. Data assumes a female driver, no accidents, no driving violations, California state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-car, multi-policy, safe-driver, and claim-free discounts applied.
If you would like to view insurers who offer cheap Kia Soul insurance quotes in Los Angeles in California, click this link.
Kia Soul detailed coverage information
The rate table shown below highlights detailed analysis of coverage prices for Kia Soul models. Learning as much as possible about how insurance quotes are calculated can benefit drivers when making smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Soul | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| Soul Plus | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| Soul Exclaim | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Soul Sport | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Get Your Own Customized Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Table data does not factor in specific zip code location which can change premium rates greatly.
Rate difference between full and liability-only coverage
The illustration below shows the comparison of Kia Soul car insurance rates with full coverage and liability only. The price estimates are based on no claims, a clean driving record, $100 deductibles, single status, and no discounts are applied.
Guidelines for dropping full coverage
There isn’t a written rule to drop physical damage coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.
For example, let’s say your Kia Soul settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $7,000 after the deductible is paid. If you are currently paying more than $700 a year for full coverage, then it might be time to buy liability only.
There are some circumstances where removing full coverage is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.
Four factors that determine insurance costs
It’s important that you understand the factors that come into play when calculating the rates you pay for car insurance. When you understand what controls the rates you pay, this allows you to make educated decisions that could help you find cheaper rates.
The items below are some of the items utilized by car insurance companies to help set your rate level.
- Discounts for multiple policies – Most insurance companies apply lower prices to policyholders that buy multiple policies, otherwise known as a multi-policy discount. Even if you already get this discount, it’s always a smart idea to comparison shop to help guarantee you have the best rates. Consumers may find better rates by buying car insurance from a different company.
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Is your car, truck or SUV built for speed? – The type of car, truck or SUV you need to insure makes a substantial difference in determining your rates. The lowest base rates are usually for lower cost passenger cars, but other factors influence the final cost greatly.
The next chart assumes a single male driver age 30, full coverage with $100 deductibles, and no discounts or violations. It illustrates Kia Soul insurance rates compared to other models that have a range of performances.
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Gender and insurance – Statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Men and women tend to get into auto accidents in similar numbers, but the males get into accidents with more damage. Men also tend to get ticketed for serious violations like DUI and reckless driving.
The illustration below illustrates the comparison of Kia Soul yearly insurance costs for male and female drivers. The premiums assume no claims, a clean driving record, full coverage, $500 deductibles, single status, and no discounts are taken into consideration.
- Pay lower premiums if you’re married – Getting married actually saves money compared to being single. Having a spouse generally demonstrates drivers are more responsible it has been statistically shown that married couples file fewer claims.
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Insurance loss statistics a Kia Soul – Companies study historical loss data when setting premium costs. Models that the data shows to have a higher amount or frequency of claims will cost more for specific coverages.
The information below illustrates the collected loss data for Kia Soul vehicles. For each policy coverage, the claim probability for all vehicles, as a total average, is equal to 100. Values that are below 100 indicate better than average losses, while values over 100 point to more losses or statistically larger losses.
Kia Soul Insurance Claim Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Kia Soul 89 98 84 138 138 118 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Local agents and insurance
Many drivers prefer to go talk to an agent and doing so can bring peace of mind Licensed agents can point out coverage gaps and give you someone to call. One of the benefits of getting online price quotes is you may find better rates but also keep your business local. Putting coverage with local agencies is still important in Los Angeles.
To help locate an agent, after submitting this short form, your insurance data is immediately sent to insurance agents in Los Angeles who will give you quotes for your insurance coverage. You don’t have to visit any agencies due to the fact that quote results will go immediately to your email address. If you have a need to get a price quote from one company in particular, don’t hesitate to navigate to their website and give them your coverage information.
Types of auto insurance agents
If you need to find a good insurance agency, you must know there are a couple types of insurance agents that you can select. Insurance policy providers are classified as either exclusive or independent. Both types can insure your vehicles, but we need to point out the differences because it can impact your agent selection.
Independent Insurance Agencies
Agents that choose to be independent are appointed with more than one company so they have the ability to put coverage with lots of companies and find the cheapest insurance rates. If your premiums go up, the business is moved internally and you stay with the same agent. When comparison shopping, we highly recommend that you contact independent agents so that you can do a thorough price comparison.
The following is a short list of independent insurance agencies in Los Angeles that can possibly get you price quotes.
Crown Reinas Insurance Agency
5331 N Figueroa St – Los Angeles, CA 90042 – (323) 550-1444 – View Map
Solid Health Insurance Agency
11639 Chenault St – Los Angeles, CA 90049 – (310) 909-6135 – View Map
Susman Insurance Agency
11611 San Vicente Blvd #515 – Los Angeles, CA 90049 – (310) 820-5200 – View Map
Exclusive Insurance Agents
Agents of this type normally can only provide a single company’s rates like Farmers Insurance and State Farm. They usually cannot give you multiple price quotes so you might not find the best rates. Exclusive insurance agents are well schooled on the products they sell which helps them sell insurance even at higher premiums.
Below is a list of exclusive agents in Los Angeles that are able to give rate quotes.
Allyson Weber – State Farm Insurance Agent
1063 Colorado Blvd – Los Angeles, CA 90041 – (323) 258-5801 – View Map
Helen Lee – State Farm Insurance Agent
2535 W Olympic Blvd – Los Angeles, CA 90006 – (213) 738-0700 – View Map
Bob Little – State Farm Insurance Agent
11654 W Pico Blvd – Los Angeles, CA 90064 – (310) 478-2001 – View Map
Selecting an insurance agent needs to be determined by more than just a cheap quote. You should also get answers to these questions.
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Do they have 24-hour customer assistance?
- Are they actively involved in the community?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- If your car is totaled, how to they determine the replacement cost?
If you receive positive responses in addition to an acceptable price estimate, most likely you have located a car insurance agent that meets your needs to adequately provide insurance.
Do I need special coverages?
When it comes to buying coverage online or from an agent, there really is not a perfect coverage plan. Everyone’s needs are different so your insurance should reflect that
Here are some questions about coverages that could help you determine if your insurance needs would benefit from professional advice.
- When can I cancel my policy?
- Is borrowed equipment or tools covered if stolen or damaged?
- Who does medical payments coverage extend to?
- Should I sign the liability waiver when renting a car?
- Do I need higher collision deductibles?
- What companies insure drivers after a DUI or DWI?
- Can I insure my car for more than it’s worth?
- Are there any extra discounts I can get?
If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
The best insurance company isn’t always the cheapest
You just learned many tips how you can find affordable Kia Soul insurance in Los Angeles. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding affordable Los Angeles auto insurance quotes. Drivers may even discover the best car insurance rates are with a lesser-known regional company. These companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Progressive and GEICO.
Cheaper auto insurance in Los Angeles is attainable on the web and also from your neighborhood Los Angeles agents, and you should compare rates from both to get a complete price analysis. Some companies don’t offer internet price quotes and most of the time these regional carriers prefer to sell through independent agencies.
To learn more, feel free to visit these articles:
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- How Much are Auto Insurance Quotes for 17 Year Olds in Los Angeles? (FAQ)
- What Car Insurance is Cheapest for Teachers in Los Angeles? (FAQ)
- Who Has Cheap Los Angeles Auto Insurance for Immigrants? (FAQ)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Frontal Crash Tests (iihs.org)