2004 Scion xB Insurance Rates

I can’t think of a single person who loves paying for auto insurance, especially when they know the price is too high. Popular companies such as Allstate and Progressive all claim big savings, bombarding you with catchy ads and it is difficult to separate fact from fiction and effectively compare rates to find the best deal.

It’s a good idea to quote other rates on a regular basis because prices are variable and change quite frequently. Even if you got the lowest rates for xB coverage last year you will most likely find a better premium rate today. Forget all the misinformation about auto insurance because it’s time to teach you the best methods to remove unneeded coverages and save money.

Don’t miss with these discounts

Some insurers don’t always advertise their entire list of discounts in an easy-to-find place, so we break down some of the best known in addition to some of the lesser obvious discounts you could be receiving when you buy insurance coverage online.

  • No Accidents – Insureds who avoid accidents and claims can earn big discounts compared to insureds who have frequent claims or accidents.
  • Safety Course Discount – Taking part in a class that teaches safe driver techniques is a good idea and can lower rates and make you a better driver.
  • Discounts for Federal Employees – Federal government employees could qualify for a slight premium decrease for xB coverage but check with your company.
  • Telematics Discount – Policyholders that allow their company to track driving manner through the use of a telematics system such as Progressive’s Snapshot might get better premium rates as long as they are good drivers.
  • Accident Forgiveness – Not really a discount, but certain companies permit an accident without the usual rate increase so long as you are claim-free for a specific time period.
  • Drive Less and Save – Driving fewer miles may allow you to get lower prices due to less chance of an accident.
  • Early Signing – Some insurance companies reward drivers for renewing your policy before your current policy expires. You may see this discount when you get insurance coverage quotes online.
  • Seat Belts Save – Drivers who require all vehicle occupants to buckle their seat belts can save 10% or more on medical payment and PIP coverage.

One last thing about discounts, most of the big mark downs will not be given to the entire cost. A few only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, insurance companies wouldn’t stay in business.

A list of auto insurance companies and a selection of discounts can be found below.

  • Geico has discounts for multi-vehicle, anti-theft, membership and employees, air bags, federal employee, and daytime running lights.
  • MetLife discounts include claim-free, good student, defensive driver, accident-free, and good driver.
  • Progressive policyholders can earn discounts including multi-vehicle, continuous coverage, homeowner, online quote discount, and multi-policy.
  • Travelers has savings for early quote, student away at school, IntelliDrive, driver training, home ownership, and multi-policy.
  • SAFECO includes discounts for drive less, teen safety rewards, multi-car, homeowner, anti-lock brakes, safe driver, and bundle discounts.
  • AAA may offer discounts for anti-theft, education and occupation, good student, multi-car, pay-in-full, and good driver.

When comparing rates, check with every prospective company which discounts you qualify for. Some discounts listed above may not be offered in your area. If you would like to view insurers who offer discounts, click here.

Compare car insurance rates

Reducing your 2004 Scion xB insurance rates doesn’t have to be difficult. The only thing you need to do is invest a little time comparing rates online from several insurance companies. You can get a good selection of rate quotes using one of these methods.

If you are pressed for time, the simplest way to get the best comparison quotes is to use a rate comparison form like this one (opens in new window). This method eliminates the need for separate forms for every company. In just a few minutes this one form gets you coverage quotes from all major companies.

A different way to find lower rates is to take the time to go to the website for each individual company and fill out their own quote form. For examples sake, let’s say you want to get rates from Geico, State Farm and Travelers. To get rate quotes you would need to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

For a list of companies in your area, click here.

The old school way to find and compare rates is driving to insurance agencies in your area. Doing it all online has reduced the need for local agents unless you prefer the professional assistance of a licensed agent. You can, however, comparison shop online but have your policy serviced through an agent.

You can use whichever method you prefer to find lower rates, just do your best to use identical quote information with every price quote. If the quotes have different liability limits you will not be able to determine which company has the best rates.

Smart buyers can lower insurance rates

Multiple criteria are part of the equation when you get a price on insurance. Some are obvious like a motor vehicle report, but other criteria are more transparent such as whether you are married or how financially stable you are.

The factors shown below are a few of the things companies use to determine your rates.

  • Men tend to take more risk – Statistics demonstrate that men are more aggressive behind the wheel. That doesn’t necessarily mean that females are better at driving than males. Males and females are responsible for auto accidents in similar numbers, but the men cause more damage and cost insurance companies more money. Not only that, but men also get cited for more serious violations like driving under the influence (DUI).
  • Save money by eliminating incidental coverages – There are many extra bells and whistles that can waste your money when buying car insurance. Coverages like replacement cost coverage, better glass coverage, and additional equipment coverage may be costing you every month. The coverages may be enticing when you first buy your policy, but if they’re wasting money remove them and pocket the money.
  • Teenagers vs. mature drivers – Older, more experienced drivers are proven to be safer behind the wheel, cause fewer claims and accidents and get fewer tickets.Young drivers are known to be more careless in a vehicle so they pay higher car insurance rates.
  • Do you know you’re credit rating? – An insured’s credit rating can be an important factor in determining premium rates. If your credit history leaves room for improvement, you could pay less to insure your 2004 Scion xB if you improve your credit rating. Insureds with excellent credit tend to be less risk to insure as compared to drivers with lower credit scores.
  • Deter theft and pay less – Owning a car with a theft deterrent system can save you some money. Systems that thwart theives such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
  • Single drivers take more risk – Getting married may save some money on car insurance. Having a spouse means you’re more mature and responsible and statistics prove drivers who are married are more cautious.
  • Responsible drivers pay less – Careful drivers have lower premiums than bad drivers. Only having one citation can bump up the cost twenty percent or more. Drivers with severe violations such as DUI, reckless driving or excessive speeding may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.

Your situation helps dictate your coverage

When buying proper insurance coverage, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that can help discover whether your personal situation might need professional guidance.

  • How many claims can I have before being cancelled?
  • What is an SR-22 filing?
  • How much liability insurance is required?
  • How does medical payments coverage work?
  • Exactly who is provided coverage by my policy?
  • Is business equipment covered while in my vehicle?
  • Does coverage extend to a rental car in a foreign country?
  • Am I covered if I crash into my own garage door?
  • Can I rate high risk drivers on liability-only vehicles?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Insurance coverages 101

Learning about specific coverages of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from insurance companies.

Uninsured/Underinsured Motorist coverage

This gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your 2004 Scion xB.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a deer, hail damage, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage protection

Collision insurance pays for damage to your xB from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like hitting a parking meter, colliding with a tree and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible to bring the cost down.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for bills like doctor visits, rehabilitation expenses, chiropractic care, nursing services and dental work. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Coverage for liability

Liability insurance protects you from damage or injury you incur to other’s property or people. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims such as pain and suffering, funeral expenses, emergency aid and medical services. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Save your cold hard cash

We just covered a lot of ways to get a better price on 2004 Scion xB insurance. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the biggest savings come from an unexpected company. Regional companies may cover specific market segments cheaper as compared to the big name companies such as Allstate and Progressive.

When getting insurance coverage quotes online, it’s a bad idea to buy poor coverage just to save money. There have been many situations where drivers have reduced collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at the best possible price and still be able to protect your assets.

Lower-priced car insurance can be purchased both online and from local agencies, so you need to shop insurance coverage with both to have the best rate selection. Some car insurance companies may not offer online rate quotes and these small insurance companies provide coverage only through independent insurance agencies.

Even more information can be found at these sites: