Insurance rates Kia Soul in Las VegasWant to know an easy way to compare the cheapest Kia Soul insurance in Las Vegas? When trying to find lower-cost insurance, do you get confused by the wide range of insurance choices in your area? You have so many choices available that it can really be a challenge to compare insurance rates on Kia Soul insurance. Las Vegas is a great place to live, but the high cost of insurance can make it nearly impossible to be able to afford adequate insurance coverage limits.

It's astonishing, but nearly 70% of consumers have stayed with the same insurance company for over three years, and about 40% of consumers have never quoted rates to find cheaper coverage. American insurance shoppers could save approximately 46.5% every year, but they don't believe the big savings they would realize if they replace their high priced policy.

Verify you're earning every discount

Car insurance companies do not advertise the entire discount list in an easy-to-find place, so we took the time to find a few of the more common in addition to some of the lesser obvious insurance savings.

Discounts lower rates, but most of the big mark downs will not be given to the entire policy premium. Most cut specific coverage prices like liability and collision coverage. Despite the appearance that you could get a free insurance policy, you're out of luck. Any qualifying discounts should definitely cut your policy premiums.

If you would like to view insurance companies with the best discounts in Nevada, click here.

There are several ways to compare rate quotes from many available car insurance companies in Nevada. By far the easiest way to comparison shop involves getting comparison quotes online. Keep in mind that making a lot of price comparisons increases the chance that you will find more affordable rates.

The following companies can provide price quotes in Las Vegas, NV. If more than one company is shown, it's a good idea that you click on several of them to find the cheapest car insurance rates.

Kia Soul Insurance Cost Estimates in Las Vegas, NV
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $166 $334 $348 $20 $104 $972 $81
Soul Plus $254 $542 $400 $24 $120 $1,340 $112
Soul Exclaim $258 $470 $348 $20 $104 $1,200 $100
Soul Sport $214 $372 $372 $22 $112 $1,092 $91
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Premium amounts do not factor in the specific area where the vehicle is garaged which can decrease or increase insurance rates noticeably.

Higher deductibles lower rates

The example below demonstrates how deductible levels and can change Kia Soul insurance premiums for different ages of insureds. The premiums are based on a married male driver, full physical damage coverage, and no discounts are taken into consideration.

Policy deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The rates below may help you to understand the difference in cost between low and high coverage deductibles. The first table uses a $100 deductible for comp and collision and the second data table uses a $1,000 deductible.

Kia Soul insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $266 $478 $308 $18 $92 $1,187 $99
Soul Plus $266 $478 $308 $18 $92 $1,187 $99
Soul Exclaim $300 $478 $308 $18 $92 $1,221 $102
Soul Sport $300 $478 $308 $18 $92 $1,221 $102
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Kia Soul insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $148 $252 $308 $18 $92 $818 $68
Soul Plus $148 $252 $308 $18 $92 $818 $68
Soul Exclaim $166 $252 $308 $18 $92 $836 $70
Soul Sport $166 $252 $308 $18 $92 $836 $70
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in specific Las Vegas garaging location which can affect rates considerably.

Using the premium rates above, we can conclude that using a $100 deductible will cost in the ballpark of $32 more each month or $384 each year than selecting the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you go at least 28 months between claim filings, you would more than likely save some money if you choose a higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $100 deductibles: $101
Average monthly premium for $1,000 deductibles (subtract): - $69
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 28 months

Insurance can get complicated

When quoting and choosing insurance from an agent or online, there is no "best" method to buy coverage. You are unique and a cookie cutter policy won't apply. Here are some questions about coverages that may help you determine whether you would benefit from an agent's advice.

If it's difficult to answer those questions, you may need to chat with a licensed insurance agent. If you don't have a local agent, complete this form or you can go here for a list of companies in your area.

Buying car insurance from Las Vegas car insurance agents

A small number of people prefer to buy from a local agent and that can be a great decision A nice benefit of comparing insurance prices online is the fact that you can find the best rates and still buy from a local agent.

Insurance agency in Las VegasTo make it easy to find an agent, after completing this quick form, your coverage information is transmitted to agents in your area that provide free Las Vegas car insurance quotes for your coverage. There is no reason to visit any agencies since price quotes are sent immediately to you. Get lower rates AND a local agent. If for some reason you want to get a price quote from one company in particular, you can always search and find their rate quote page and fill out their quote form.

Selecting an insurance company should depend on more than just a cheap price quote. The following questions are important to ask.

If you need to find a reliable insurance agent, it helps to know the two types of insurance agents and how they are distinctly different. Car insurance agencies are classified as either exclusive or independent.

Exclusive Insurance Agencies

Agents that choose to be exclusive are contracted to one company and some examples include Allstate and State Farm. They usually cannot compare rates from other companies so it's a take it or leave it situation. Exclusive agents receive extensive training on what they offer which aids in selling service over price. Consumers sometimes use the same agent mainly due to the brand legacy rather than low price.

Listed below is a short list of exclusive insurance agencies in Las Vegas that can give you price quotes.

More Las Vegas agents

Independent Agents (or Brokers)

These type of agents are normally appointed by many insurers and that allows them to write policies through lots of different companies and find you the best rates. If prices rise, they can switch companies in-house and you don't have to do anything. When comparing rates, it's recommended you include rate quotes from several independent insurance agents for maximum quote selection. Most also have access to additional companies that you may not be familiar with that many times have cheaper rates.

Below are Las Vegas independent insurance agencies willing to provide price quotes.

More Las Vegas agents

Three main reasons to buy insurance

Despite the potentially high cost of Kia Soul insurance, insurance is a good idea for several reasons.

First, most states have minimum liability requirements which means state laws require a minimum amount of liability coverage in order to be legal. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your Kia Soul, almost every bank will stipulate that you buy insurance to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender will be forced to insure your Kia for a lot more money and require you to fork over for it.

Third, insurance safeguards both your assets and your Kia Soul. It will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay for a defense attorney in the event you are sued. If you have damage to your Kia as the result of the weather or an accident, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance are definitely more than the cost, especially when you need to use it. Today the average American driver is wasting up to $800 each year so compare rates at least once a year to ensure rates are inline.

Car insurance coverage information

Having a good grasp of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you'll find typical coverages available from car insurance companies.

Collision coverages - Collision coverage pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sustaining damage from a pot hole, crashing into a building and rolling your car. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible on your Soul to bring the cost down.

Medical expense insurance - Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as doctor visits, ambulance fees, surgery and dental work. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Comprehensive (Other than Collision) - This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as hail damage, damage from getting keyed, falling objects and rock chips in glass. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers - Your UM/UIM coverage protects you and your vehicle's occupants when the "other guys" are uninsured or don't have enough coverage. Covered claims include medical payments for you and your occupants as well as your vehicle's damage.

Due to the fact that many Nevada drivers have only the minimum liability required by law (Nevada limits are 15/30/10), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Liability auto insurance - Liability insurance provides protection from damages or injuries you inflict on other people or property that is your fault. It protects you against other people's claims, and doesn't cover your injuries or vehicle damage.

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. As an example, you may have limits of 15/30/10 which stand for $15,000 in coverage for each person's injuries, a per accident bodily injury limit of $30,000, and a total limit of $10,000 for damage to vehicles and property.

Liability can pay for things such as medical expenses, repair costs for stationary objects, legal defense fees and emergency aid. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible. Nevada state law requires minimum liability limits of 15/30/10 but it's recommended drivers buy more coverage.

Car insurance savings summarized

You just read a lot of techniques to get a better price on Kia Soul insurance in Las Vegas. The most important thing to understand is the more price quotes you have, the higher your chance of finding affordable Kia Soul insurance quotes. You may even discover the best price on car insurance is with a small local company. Smaller companies may cover specific market segments cheaper than their larger competitors like Allstate, GEICO and Progressive.

Discount Kia Soul insurance in Las Vegas is possible from both online companies and also from your neighborhood Las Vegas agents, so you need to quote Las Vegas car insurance with both in order to have the best price selection to choose from. A few companies do not offer internet price quotes and most of the time these smaller companies prefer to sell through local independent agents.

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