Compare the Cost of Kia Soul Insurance by Model Year and Company

The driver’s age directly impacts insurance costs for a Kia Soul. For a full coverage policy on a 2010 model, the average annual rate for a 16-year-old driver is $5,385, while a 40-year-old driver will pay only $1,176. For a 2022 model, a 16-year-old will pay an average of $6,519 yearly, while the premium for a 40-year-old remains relatively low at $1,450.

It’s important to remember that cost is not the only factor when choosing a provider. MoneyGeek ranked the top insurance companies for a Kia Soul and considered pricing, service quality and claims handling.

The annual average cost of insuring a Kia Soul is $1,338, but your chosen provider can significantly influence your premium. State Farm stands out as the most affordable full coverage car insurance provider for a Kia Soul at an average of $1,035 annually, while Farmers is the priciest at $1,505. For minimum coverage, GEICO offers the most budget-friendly policy at $498, while Farmers tops the chart again with the most expensive plan, at $721 per year on average.

Insurance providers consider different factors when tailoring rates for a specific car model. According to the latest National Highway Traffic Safety Administration (NHTSA) data, the Kia Soul has an above-average theft rate. These statistics usually present a risk for insurers, prompting them to hit the accelerator on premium rates. However, the Kia Soul’s relative safety and overall fair value lowers its rates to below average.

The best Kia Soul insurance providers will offer competitive pricing in addition to exceptional customer service and a smooth claims experience. Our top-rated car insurance companies for this car are:

• State Farm: MoneyGeek score 90 out of 100 ($1,035 per year)
• GEICO: MoneyGeek score 90 out of 100 ($1,049 per year)

State Farm has built a reputation for providing quality coverage at competitive prices. In addition to its affordability, State Farm is known for its excellent customer service ratings.

A full coverage policy for a 2010 Kia Soul comes in at around $1,176 per year, while you'll need to pay an average of $1,450 per year to secure full coverage for a 2022 model. Vehicle model year is a key element impacting the average cost of car insurance. Newer cars are generally more expensive to insure than their older counterparts due to the depreciation of a car's value over time.

Apart from the age of your Kia Soul, average insurance costs can also differ depending on the provider. GEICO and State Farm offer the cheapest full coverage policies for a 2010 Kia Soul at an average of $957 annually. However, GEICO is the most budget-friendly option for a 2022 model, at around $1,120 a year.

Insurers will consider the driver’s age when setting premiums. Car insurance rates for teens and young adults are typically more expensive than for drivers in their 30s and 40s. A full coverage policy for a 16-year-old Kia Soul driver averages $5,914 a year, while a 40-year-old driver has a significantly reduced rate of $1,299. Rates for teens will gradually lower each year, eventually reaching a plateau as you cruise into your 20s.

Comparing teen car insurance providers can help you find the best deal for your needs and budget. State Farm charges 16-year-old drivers about $3,706 annually for a full coverage policy on a 2022 Kia Soul, while Progressive’s same policy will cost a staggering $9,102 yearly. These expensive rates are for individual plans. Teenagers can save a significant amount of money by joining a family policy instead.

The make and model of a vehicle, its year of manufacture, and the driver's age all play crucial roles in determining car insurance costs for a Kia Soul. However, your location can have an even more significant impact on your rates. Florida ranks as the priciest state for car insurance, while Idaho offers the most affordable premiums. Obtaining quotes from the cheapest insurance providers in your area can help save you money on your rates.

When getting car insurance for a Kia Soul, potential buyers often have questions regarding costs and coverage. Below are some frequently asked questions to help address your concerns.