Although Kia are inexpensive to purchase, they are very expensive to insure. According to the Insurance Research Council, the average price for a Kia Soul EV insurance cost is $174 per month ($2,088 per year). This amounts to $800 higher than the national average. The insurance cost–to–base automobile price ratio is 6.5%, higher than the industry average of 4%.
About the Kia Soul EV
Kia has offered an all-electric variant of the Soul since 2015, and the new model is scheduled to be unveiled soon. Kia’s Soul EV is a highly small electric car with a smooth and quiet ride. The EPA rated the range of the Kia Soul EV at 93 miles.
Kia Soul EV money-saving safety features
If your Kia Soul EV has these extra safety features, you may be able to save money on your Kia Soul EV insurance cost.
- Anti-lock brakes
- Stability control
- Seatbelt pretensioners
- Anti theft system
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How safe is the Kia Soul EV?
No independent test has been done to ascertain the car’s crashworthiness or safety rating by the Insurance Institute of Highway Safety or the National Highway Traffic Safety Administration.
A pedestrian warning system, parking sensors, and blind spot monitoring are standard features on the newest edition of the Kia Soul EV.
How does the Kia Soul EV compare to other car models?
With regard to the cost, the Kia Soul EV is the 360th most expensive car model to insure.
Check out our review of Hyundai Kona Insurance Cost.