About Kia Car Insurance
Kia cars are known for being environmentally friendly and dynamic. With all the options available for Kia car insurance in Canada, finding the best and cheapest insurance can be overwhelming. This page should give you enough information on what you can expect to pay to insure your Kia in Canada.
At MyChoice, we aim to make the car insurance process as painless as possible. Compare car insurance quotes for your Kia with us today and save money.
How Much Does it Cost to Insure Your Kia in Canada?
On average, it costs around $1,177 per year to insure your Kia in Canada. The price will vary depending on your Kia model, year make, region you’re living in and your driving history.
Here’s how much it would cost you on average to insure your Kia in the following cities in Canada:
| City | Average Annual Insurance Premium |
|---|---|
| Oshawa, ON | $1,568 |
| Toronto, ON | $1,956 |
| Burlington, ON | $1,451 |
| Barrie, ON | $1,428 |
| Montreal, QC | $505 |
| Calgary, AB | $1,382 |
| Edmonton, AB | $1,292 |
| Corner Brook, NL | $1,022 |
| Halifax, NS | $1,212 |
| Moncton, NB | $830 |
How Kia Car Insurance Costs Compare to Similar Vehicle Brands
When selecting a vehicle, many potential buyers often weigh the insurance rates of different brands, including Kia, against each other. Insurance costs can significantly influence the decision-making process.
Based on internal customer quote data, our analysis shows that Kia’s insurance costs are relatively affordable compared to other car brands. Kia’s rates are lower than those of Toyota, Hyundai, and Nissan but slightly less competitive than Honda’s. This makes Kia an appealing option for budget-conscious buyers looking to balance insurance costs and vehicle value.
Kia Car Insurance Rates Through The Years
In recent years, Kia vehicle insurance rates have shown an upward trend following an initial decline. While premiums dropped from $937 in 2020 to $811 in 2021, they began to rise again in subsequent years, reaching $1,002 in 2022, $1,092 in 2023, and $1,177 in 2024.
Models such as the Kia Rio and Kia Soul, which previously experienced reductions in insurance costs, have now seen increases, while the Kia Sorento and Sportage have also followed a similar upward trajectory.
Kia Car Insurance Rates by Model & Year Make
When insuring your Kia, the model you choose significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Kia models from different years.
A Brief History of Kia
Founded in 1944, Kia is the oldest vehicle manufacturer in Korea. The company began by making motorcycles and bicycles and has since expanded to one of the top vehicle producers in the world. The name “Kia” translates loosely to “coming from Asia.”
Kia put out its first car in 1974. However, in 1981 the company was only able to make trucks because of industry consolidation. The Kia brand got a big boost when it joined Ford in 1986 to produce over 95,000 trucks.
By 1995, there were Kia dealerships in over 30 US states. Today, Kia has 14 assembly and manufacturing plants in different countries. They also make some of the industry’s most notable cars, such as the Kia Soul.
The Kia corporation also has a European division with headquarters in Germany. The European sector houses its design center, which is part of the reason for Kia’s success in Europe.
Kia Insurance FAQs
Are Kia vehicles expensive to insure?
Generally, Kia vehicles are considered insurance-friendly and are not expensive to insure, with most costs falling within the average range for your location.
Which Kia model is the cheapest to insure?
The 2024 Soul model is the most affordable Kia vehicle to insure in Canada, with an annual premium of $1,036.