How to Save on Kia Soul Insurance in Milwaukee

Insurance for Kia SoulWant to know an easy way to compare lower-priced Kia Soul insurance in Milwaukee? Have you had enough of paying out the nose to insure your Kia every month? Your situation is no different than many other drivers in Wisconsin.

Sadly, the vast majority of drivers have been with the same company for four years or more, and practically 40% of car insurance customers have never compared rates to find cheap insurance. Milwaukee drivers could pocket $370 a year by just comparing quotes, but they just don’t understand the amount of money they would save if they switch to a new company. Drivers have many auto insurance companies to purchase coverage from, and although it’s nice to have a choice, it can be more challenging to compare rates and cut insurance costs.

Discount Milwaukee car insurance quotes

Insurance can be prohibitively expensive, but discounts can save money and there are some available to help bring down the price. Certain credits will be shown when you purchase, but occasionally some discounts must be requested specifically before you get the savings. If you do not check that you are getting every discount possible, you are throwing money away.

Consumers should know that some of the credits will not apply to the entire cost. Some only reduce the cost of specific coverages such as medical payments or collision. Even though it appears all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts should help lower your policy premiums.

Larger car insurance companies and their offered discounts are detailed below.

When getting a coverage quote, ask every company how many discounts you can get. Depending on the company, some discounts might not apply everywhere. For a list of insurance companies who offer cheap Kia Soul insurance quotes in Milwaukee, click here to view.

The companies in the list below are ready to provide comparison quotes in Wisconsin. If more than one company is shown, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.

Kia Soul Insurance Estimates in Milwaukee, WI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $170 $350 $242 $14 $72 $848 $71
Soul Plus $86 $160 $220 $14 $66 $546 $46
Soul Exclaim $200 $300 $230 $14 $68 $812 $68
Soul Sport $180 $298 $310 $18 $92 $898 $75
Get Your Own Custom Quote Go

Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Table data does not factor in Milwaukee location which can change auto insurance rates significantly.

Insurance rate increases from tickets or accidents

The information below shows how speeding tickets and accident claims influence Kia Soul annual premium costs for different ages of insureds. Data assumes a single male driver, comp and collision included, $500 deductibles, and no discounts are applied.

Comparison of policy deductibles

One of the more difficult decisions when buying car insurance is where should you set your physical damage deductibles. The figures shown below help summarize the differences in price when you buy lower versus higher deductibles. The first data table uses a $250 comprehensive and collision deductible and the second rate chart uses a $1,000 deductible.

Kia Soul insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $178 $300 $230 $14 $68 $815 $68
Soul Plus $178 $300 $230 $14 $68 $815 $68
Soul Exclaim $200 $300 $230 $14 $68 $837 $70
Soul Sport $200 $300 $230 $14 $68 $837 $70
Get Your Own Custom Quote Go

Kia Soul insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $110 $188 $230 $14 $68 $610 $51
Soul Plus $110 $188 $230 $14 $68 $610 $51
Soul Exclaim $124 $188 $230 $14 $68 $624 $52
Soul Sport $124 $188 $230 $14 $68 $624 $52
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Prices do not factor in specific location information which can influence coverage prices significantly.

Based on this data, using a $250 deductible will cost you approximately $17 more each month or $204 a year than buying the higher $1,000 deductible. Because you would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at a minimum 44 months between claim filings, you would come out ahead if you elect the higher deductible.

Calculation for determining deductible levels

Average monthly premium for $250 deductibles: $69
Average monthly premium for $1,000 deductibles (subtract): – $52
Monthly savings from raising deductible: $17
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 44 months

One important issue to know is that raising deductibles means you will have to pay more of your own money when you have a claim. That will necessitate enough disposable income in the event you need to pay more to get your vehicle repaired.

Kia Soul Insurance Premiums Can Be Reduced

Smart consumers have a good feel for the different types of things that go into determining your policy premiums. When you understand what influences your rates, this enables informed choices that may result in lower rates. Lots of things are taken into consideration when you get a price on insurance. Some are obvious like your driving record, although others are less apparent like your continuous coverage or your commute time.

Minor frequent policy claims are not good – Car insurance companies in Wisconsin generally give cheaper rates to drivers who are not frequent claim filers. If you file a lot of claims you can expect much higher rates or policy non-renewal. Your car insurance is meant to be used in the event of claims that pose a financial burden.

Is you job costing you more? – Jobs like fire fighters, social workers and dentists generally pay higher average rates attributed to stressful work requirements and long work days. On the other hand, occupations like actors, students and retirees receive lower rates.

Where you call home plays a part – Having an address in small towns and rural areas may provide you with better prices when talking about auto insurance. People who live in big cities have traffic congestion and longer commute times. Fewer people means fewer accidents and lower theft and vandalism rates.

Never let your coverage expire – Driving with no insurance is not a good idea and your next policy will cost more because you let your coverage lapse. Not only will you pay more, the inability to provide proof of insurance will get you a fine, jail time, or a revoked license. You may then have to file a SR-22 with the Wisconsin motor vehicle department.

Extra policy coverages push up costs – Insurance policies have a lot of additional extra coverages that can add up if you aren’t careful. Insurance for things like coverage for rental cars, towing, and Farm Bureau memberships may be wasting your money. You may think they are a good idea initially, but now you might not need them so eliminate them to save money.

Insurance losses for a Kia Soul – Companies include the past claim trends for vehicles to calculate a rate that offsets possible losses. Vehicles that are shown to have a higher amount or frequency of claims will have a higher cost to insure. The table below illustrates the collected loss data for Kia Soul vehicles.

For each coverage type, the claim amount for all vehicles, as an average, equals 100. Values that are 100 or less suggest losses that are better than average, while percentage values above 100 point to more frequent losses or an increased probability of a larger loss.

Insurance Loss Ratings for Kia Soul Vehicles

Vehicle 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

Auto insurance can get complicated

When buying your policy for your vehicles, there really isn’t a best way to insure your cars. Everyone’s situation is unique so your insurance should reflect that For instance, these questions might help in determining if your insurance needs would benefit from professional advice.

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

Buying car insurance from Milwaukee insurance agencies

Some people would rather go talk to an agent and doing that can be a smart decision Licensed agents will help you protect your assets and help file insurance claims. One of the best bonuses of comparing car insurance online is that you can obtain lower rates and still buy from a local agent.

By using this simple form, the coverage information is emailed to agents in your area who will gladly provide quotes for your car insurance coverage. It makes it easy because there is no need to search for any insurance agencies because quoted prices will be sent directly to your email. If for some reason you want to quote rates for a specific company, feel free to navigate to their website and fill out the quote form the provide.

Deciding on an provider needs to be determined by more than just a cheap price. These are some questions you should get answers to.

Two different types of auto insurance agents

If you are wanting to find a good insurance agency, it’s important to understand the types of insurance agents and how they are slightly different. Car insurance agents in Milwaukee may be either exclusive or independent (non-exclusive). Both properly insure your vehicles, but it is important to understand the differences because it can impact your selection of an agent.

Exclusive Car Insurance Agents

Agents in the exclusive channel normally can only provide a single company’s rates like Farmers Insurance or State Farm. They are unable to give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agents are trained well on sales techniques which helps them sell insurance even at higher premiums.

The following is a list of exclusive insurance agencies in Milwaukee that can give you comparison quotes.

5220 S 27th StMilwaukee, WI 53221(414) 282-3600View Map

4724 W Forest Home AveMilwaukee, WI 53219(414) 545-6820View Map

5913 W Howard AveMilwaukee, WI 53220(414) 988-5271View Map

More Milwaukee agents

Independent Car Insurance Agencies

These agents are not restricted to one company and that allows them to write policies through lots of different companies and potentially find a lower price. If your agent finds better pricing, they can switch companies in-house and you don’t have to switch agencies.

When searching for an agent, you will want to get quotes from a couple of independent agencies to have the most options to choose from.

Below is a short list of independent insurance agencies in Milwaukee that are able to give comparison quotes.

7817 W Brown Deer RdMilwaukee, WI 53223(414) 355-5433View Map

2016 W Howard AveMilwaukee, WI 53221(414) 282-5955View Map

Wesley Insurance
5600 W Center StMilwaukee, WI 53210(414) 873-4500View Map

More Milwaukee agents

Why you need auto insurance

Despite the high cost of buying insurance for a Kia Soul in Milwaukee, insurance is most likely required but also gives you several important benefits.

The benefits of buying enough insurance definitely exceed the cost, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver is wasting up to $825 a year so you should quote and compare rates once a year at a minimum to ensure rates are inline.

More quotes mean more auto insurance savings

We just covered a lot of techniques to save on Kia Soul insurance in Milwaukee. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the most savings is with the least-expected company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as State Farm or Progressive.

Lower-priced Kia Soul insurance in Milwaukee can be found online and with local Milwaukee insurance agents, so you need to shop Milwaukee car insurance with both to get a complete price analysis. Some insurance companies may not offer online quoting and most of the time these smaller companies only sell coverage through independent insurance agents.

As you restructure your insurance plan, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. Your objective should be to find the BEST coverage for the lowest cost, but do not sacrifice coverage to save money.

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