Having to pay for expensive car insurance in Columbia can draw down your budget and force you to make tough financial choices. Getting a rate comparison is an excellent way to lower your bills every month.

Insurance quote for Kia Soul in ColumbiaInconceivable but true, the majority of drivers have bought car insurance from the same company for at least the last four years, and almost 40% of drivers have never compared car insurance rates at all. Consumers in Columbia could cut their rates by 55% a year by just comparing rate quotes, but they don't want to spend time to find lower-cost insurance by shopping around. Big companies like Allstate, Progressive and GEICO constantly bombard you with advertising and it can be hard to ignore the propaganda and do the work needed to find the best deal.

If you have insurance now or are just looking to switch companies, follow these tips to save money and still get good coverage. Locating the best insurance company for you in Columbia is really not that difficult. Comparison shoppers just have to understand the fastest way to get comparison quotes from multiple carriers.

Cheap companies for Kia Soul insurance in South Carolina

The companies shown below provide price comparisons in South Carolina. If more than one company is shown, we suggest you get price quotes from several of them in order to find the most affordable rates.

Kia Soul Insurance Price Estimates in Columbia, SC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $252 $546 $386 $22 $116 $1,322 $110
Soul Plus $186 $280 $448 $26 $134 $1,074 $90
Soul Exclaim $158 $274 $358 $22 $108 $920 $77
Soul Sport $270 $408 $352 $20 $106 $1,156 $96
Get Your Own Custom Quote Go

Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and South Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Estimates do not factor in specific location which can alter premium rates noticeably.

Where to set your deductibles

One of the most common auto insurance questions is how low should you set your deductibles. The tables below approximate the rate fluctuation of buying low and high insurance deductibles. The first rate table uses a $100 deductible for comp and collision and the second rate chart uses a $1,000 deductible.

Kia Soul insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $294 $530 $342 $20 $102 $1,313 $109
Soul Plus $294 $530 $342 $20 $102 $1,313 $109
Soul Exclaim $332 $530 $342 $20 $102 $1,351 $113
Soul Sport $332 $530 $342 $20 $102 $1,351 $113
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Kia Soul insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Soul $162 $280 $342 $20 $102 $906 $76
Soul Plus $162 $280 $342 $20 $102 $906 $76
Soul Exclaim $184 $280 $342 $20 $102 $928 $77
Soul Sport $184 $280 $342 $20 $102 $928 $77
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and South Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Prices do not factor in the specific area where the vehicle is garaged which can raise or lower coverage prices substantially.

Based on these figures, using a $100 deductible costs about $34 more each month or $408 for a full year than opting for the higher $1,000 deductible. Due to the fact that 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 26 months between claim filings, you would probably be better off if you decide on a higher deductible. The table below shows a better example of how you can do this calculation yourself.

Average monthly premium for $100 deductibles: $111
Average monthly premium for $1,000 deductibles (subtract): - $77
Monthly savings from raising deductible: $34
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $34
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 26 months

Deductible analysis

The diagram below highlights how deductible selection and can influence Kia Soul insurance rates for different age groups of insureds. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Responsible drivers pay cheaper Columbia auto insurance rates

The information below demonstrates how traffic citations and at-fault collisions can influence Kia Soul insurance costs for different age groups. Data assumes a single male driver, comp and collision included, $500 deductibles, and no discounts are applied.

Why Your Insurance Prices might be higher

Consumers need to have an understanding of some of the elements that play a part in calculating auto insurance rates. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that will entitle you to lower premium levels. Lots of things are used when pricing auto insurance. Some of the criteria are obvious such as your driving record, although some other factors are not as apparent like your vehicle usage or how safe your car is.

Liability coverage - Your policy's liability coverage will provide protection in the event that a court rules you are at fault for personal injury or accident damage. Your liability coverage provides legal defense coverage to defend your case. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.

Married people drive safer - Having a spouse actually saves money on your policy. Having a spouse means you're more stable financially and statistics show married drivers tend to have fewer serious accidents.

Policy add-ons may be wasting money - Insurance policies have a lot of extra coverages that sound like a good idea at the time on your Soul policy. Add-on coverages like roadside assistance, death and dismemberment, and motor club memberships may be costing you every month. They may sound like good ideas when buying your policy, but if you've never needed them in the past eliminate the coverages to reduce your premium.

More policies can equal more savings - Most major insurers give discounts for people who carry more than one policy such as combining an auto and homeowners policy. Even though this discount sounds good, it's in your best interest to compare other Columbia Soul insurance rates to confirm you are receiving the best rates possible. You may still find better rates by insuring with multiple companies.

How your age affects prices - Young drivers in South Carolina are statistically shown to get distracted easily when driving and because of this, their auto insurance rates are much higher. Older, more experienced drivers are more responsible, file fewer claims, and are generally more financially stable.

Kia Soul insurance loss probability - Car insurance companies analyze the history of losses to help calculate premium rates. Models that have a higher amount or frequency of claims will have a higher cost to insure. The table below shows the historical loss data for Kia Soul vehicles.

For each policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is represented as 100. Values that are 100 or less are indicative of better than average losses, while values that are above 100 point to more losses or an increased likelihood of larger losses.

Kia Soul Insurance Loss Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Kia Soul 89 98 84 138 138 118

Statistics from IIHS.org for 2013-2015 Model Years

Cheaper rates with discounts

The cost of insuring your cars can be expensive, but there could be significant discounts that many people don't even know exist. Certain credits will be shown when you complete an application, but occasionally some discounts must be specially asked for before you get the savings.Discount auto insurance

One thing to note about discounts is that most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as collision or personal injury protection. Despite the fact that it seems like all the discounts add up to a free policy, it's just not the way it works.

If you would like to view providers that offer some of these discounts in South Carolina, click here to view.

Are car insurance agents obsolete?

A small number of people prefer to go talk to an agent and that is a smart decision Insurance agents can make sure you are properly covered and help in the event of a claim. A good thing about comparing rates online is the fact that you can find the best rates but also keep your business local. Buying from and supporting small agencies is important especially in Columbia.

Insurance agency in ColumbiaBy using this quick form, the quote information is emailed to local insurance agents in Columbia who can give free rate quotes for your coverage. You won't need to search for an agent since price quotes are sent to you instantly. In the event you want to quote rates from a specific insurance company, don't hesitate to go to their quote page and submit a quote form there.

Is an exclusive or independent car insurance agent right for you?

When researching a reliable insurance agency, it's helpful to know the different types of agents and how they work. Agencies in Columbia can either be independent (non-exclusive) or exclusive. Either can handle car insurance, but it's worth learning the difference in how they write coverage since it could factor into which agent you choose.

Independent Agents (or Brokers)

These agents often have affiliation with several companies so as a result can place your coverage with multiple insurance companies and possibly get better coverage at lower prices. If premiums increase, they can switch companies in-house and you don't have to find a new agent. If you are comparing rate quotes, we highly recommend that you get rate quotes from several independent insurance agents so that you have a good selection of quotes to compare.

Below is a list of independent insurance agents in Columbia that can possibly get you rate quotes.

7340 Parklane Rd a - Columbia, SC 29223 - (803) 786-2224 - View Map

2718 Middleburg Dr - Columbia, SC 29204 - (803) 779-7666 - View Map

8313 Two Notch Rd - Columbia, SC 29223 - (803) 788-4211 - View Map

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Exclusive Insurance Agencies

Agents in the exclusive channel are contracted to one company such as Farmers Insurance, American Family, State Farm and Allstate. They generally cannot shop your coverage around so always compare other rates. They are trained well on their products and sales techniques and that enables them to sell even at higher rates.

Below are exclusive insurance agencies in Columbia that are able to give rate quotes.

132 Harbison Blvd #100 - Columbia, SC 29212 - (803) 749-1279 - View Map

Ste A16, 7001 St Andrews Rd - Columbia, SC 29212 - (803) 732-3800 - View Map

1945 Decker Blvd Ste 13 - Columbia, SC 29206 - (803) 661-6690 - View Map

More insurance agents

Picking the best auto insurance agent shouldn't rely on just a cheap price. Before buying a policy in Columbia, get answers to these questions.

After getting acceptable answers to all your questions and a good coverage price, you have narrowed it down to an insurance agency that can properly service your car insurance policy. But keep in mind policyholders can cancel coverage when you choose so don't think you're contractually obligated to any particular company indefinitely.

Advertising and car insurance

Consumers in South Carolina can't ignore all the ads for cheaper car insurance from companies such as Allstate, GEICO and Progressive. All the companies make an identical promise of big savings if you just switch your car insurance coverage to their company.

How is it possible that every company can offer drivers better rates? It's all in the numbers.

Insurance providers give the best rates for the type of driver that will be a good risk. One example of a driver they prefer might have to be between the ages of 30 and 50, carries full coverage, and does not commute to work. Any customer that meets those criteria receive the lowest rate quotes in Columbia and most likely will save when they switch companies.

People who cannot meet those standards will have to pay higher rates which translates to the customer buying from someone else. If you listen closely, the ads state "people who switch" not "everybody who quotes" will save that much if they switch. This is how companies can truthfully advertise the savings.

Because of this risk profiling, you should compare free Columbia car insurance quotes often. It is impossible to guess the company that will provide you with the cheapest Kia Soul insurance in Columbia.

Cover all your bases

Some insurance providers do not provide rates over the internet and many times these smaller providers prefer to sell through independent agents. Discount Kia Soul insurance is available online and from local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.

In this article, we presented many ideas to compare Kia Soul insurance premium rates in Columbia. The key thing to remember is the more companies you get prices for, the higher your chance of finding cheaper Columbia car insurance quotes. You may even discover the biggest savings come from some of the smallest insurance companies. These smaller insurers can often provide lower prices in certain areas than the large multi-state companies such as Allstate and Progressive.

Additional auto insurance information can be found below: