If you are in the market for a used compact car, the Kia Soul is one of your most affordable options. This 5-door hatchback is available for a median price as low as $11,995 in Connecticut, though its median price can go up to $17,988 in New Mexico. But if you are planning to buy a Kia Soul, you must also factor in the insurance costs.
Insuring a Kia Soul is the least expensive in the state of Maine, where the annual average insurance rate is $777. This is not surprising, considering the fact that Maine is one of the least expensive states to buy auto insurance in. The annual average insurance rate of the state of Maine is $827. This shows us that insuring a Kia Soul is even cheaper than most other cars in Maine.
Georgia, on the other hand, has a reputation for high insurance rates. The annual average auto insurance rate in Georgia is $2155. Georgia is the third most expensive state to buy auto insurance. The annual average rate of the Kia Soul in Georgia is $2784. The median price of the Kia Soul is $14,355 in Georgia. Insurance costs account for a whopping 19% of overall costs in Georgia.
The Kia Soul may be the least expensive in Connecticut, but its insurance costs are high in this state. With an average annual insurance rate of $1737, drivers in Connecticut have to spend around 14% of their total costs on insurance.
Michigan is also an expensive state to buy auto insurance. The median price of the Kia Soul is $14980, and the average insurance is $2485, i.e., 16% of the total costs. In Louisiana too, both the median price as well as the insurance costs are high. The median price of the Kia Soul is $15,500 and the insurance average is $2183, i.e., 14% of the total costs.