What is my Neighbors paying for their Multi-Vehicle Insurance – 2019 Kia Sorento?

A multi-vehicle insurance policy provides full coverage for multiple vehicles under one plan. Full coverage includes liability, collision, and comprehensive insurance, offering financial protection for accidents, theft, or damage to your vehicles.

(Female, 43 Married, Colorado Springs CO )
Year/Make Model: 2019 Kia Sorento
Ownership Status: Owned
Discounts: Paperless, Auto Pay, Homeownership – Multi-vehicle Discount
2019 Kia Sorent
Selected Coverages with Suncoast
Bodily Injury Liability: $25,000/$50,000
Property Damage Liability: $25,000

Uninsured Motorist Coverage: Rejected
Comprehensive and Collision: $1000
Other Rejected Coverages: Roadside Assistance, Towing, Medical Payments, Underinsured Motorist

We were able to find our client decent rates in Colorado springs for their 2019 Kia Sorento. This was a multi-vehicle full coverage insurance rate.. We ended up with full coverage as well as two other vehicles applied to the policy with additional drivers as well. Rates for 3 vehicles are not bad with Suncoast. Typically liability rates in the Springs are not too bad if you find yourself the right agency to work with!

Total 6 Month Premium: $1,171

Estimated Monthly Rates for Multi-Vehicle Full Coverage:

Two Vehicles:

  • Standard Drivers: $200–$300/month.
  • High-Risk Drivers: $350–$500/month.
  • Young Drivers (under 25): $300–$450/month.

Three Vehicles:

  • Standard Drivers: $300–$450/month.
  • High-Risk Drivers: $500–$750/month.
  • Young Drivers: $450–$650/month.

What Full Coverage Includes:

  1. Liability Coverage: Covers bodily injury and property damage to others.
  2. Collision Coverage: Pays for damage to your vehicles from accidents, regardless of fault.
  3. Comprehensive Coverage: Protects against non-collision incidents like theft, vandalism, or weather damage.
  4. Uninsured/Underinsured Motorist Coverage: Optional, but highly recommended for additional protection.

Factors Affecting Multi-Vehicle Insurance Rates:

  1. Driver Profile: Clean driving records and good credit scores lower premiums.
  2. Vehicle Types: Sports cars and luxury vehicles cost more to insure than sedans or older cars.
  3. Location: Urban areas with higher theft or accident rates increase premiums.
  4. Usage: Daily commuting or high annual mileage raises costs.
  5. Coverage Levels: Higher limits and lower deductibles increase premiums.

Monthly Installments: $195.70

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