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Updated
The popular South Korean car company, Kia Motors, has a long history of expansion and growth. Kia originally started as a manufacturer for bicycle parts in 1944. Since then, the company has expanded their operations to include trucks and cars.
Now, the Kia brand is known all over the world, and has its Canadian headquarters located in Mississauga, Ontario.
The Forte and Soul are among Canada’s bestselling vehicles of 2020, according to GoodCarBadCar.net. On the strength of Kia’s characteristic affordability, safety and design, both the Forte and Soul won multiple awards in 2020.
The Soul, a four-door hatchback, was as a 2020 Safety Pick by the Insurance Institute for Highway Safety (IIHS) . Because the safety rating of the vehicle you own helps determine the premiums you pay, the Soul is usually a relatively cheap car to insure.
The Forte is also a Top Safety Pick by the IIHS. It comes as a hatchback, sedan or coup. While the Soul and Forte are fairly evenly matched in their engine sizes, transmissions and horsepower, the Forte has a slighter higher MPG fuel economy. This makes the Forte a little less fuel efficient overall, but it is similarly cheap to insure.
Among the top 10 best selling cars in Canada, the Kia Soul was the cheapest to insure, while the Forte finished sixth.
| Kia model | Rank of insurance economy among top selling vehicles | Estimated annual fuel cost |
|---|---|---|
| Soul | First | $1,763 - $1,966 |
| Forte | Sixth | $1,559 - $2,011 |
| Seltos | Fourth | $1,740 - $1,966 |
| Make & model | 2020 Sales | 2019 Sales | Change |
|---|---|---|---|
| Kia Forte | 16,715 | 15,549 | 7.5% |
| Kia Soul | 9,869 | 11,868 | -16.84% |
| Kia Seltos | 16,881 | 0 | 0 |
The safety rating of your car is one factor that determines your car insurance rates. Popular Kia brands, such as the Forte and Soul, have strong safety ratings that may help to get you lower premiums.
Remember to shop around and compare car insurance quotes when you are getting auto insurance for your Kia.
Alexandra Bosanac has been a content manager for RATESDOTCA since 2021, specializing in auto insurance. She began covering auto insurance in 2017. Alexandra has a bachelor's degree in journalism from Toronto Metropolitan University. Before joining the RATESDOTCA editorial team, she reported for the Canadian Business, the Toronto Star, the National Post, and the CBC.
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