2007 Toyota Yaris Insurance Quotes

If you’re shopping for lower-cost insurance, do you get overwhelmed by the wide range of insurance coverage providers? You’re not alone. people have so many providers available that it can easily become a real hassle to find a cheaper company.

Compare insurance quotes

To get affordable auto insurance quotes, there a variety of ways to compare quotes from lots of insurance companies. By far the easiest way to find cheaper 2007 Toyota Yaris rates is simply to get online rate quotes. It is quite easy and can be accomplished in a couple minutes as outlined below.

  • Probably the best way to get the best comparison quotes is a comparison rater form like this one (opens in new window). This easy form prevents you from having to do multiple quote forms for every prospective company. One quote request gets you coverage quotes instantly. Just one form and you’re done.
  • A more difficult way to get comparison quotes consists of visiting the website for each individual company and repeat the quote process again and again. For instance, we’ll pretend you want comparison quotes from Geico, Safeco and Progressive. You would have to spend time going to each site individually and punch in your information repeatedly, which can get old fast.

    For a list of links to companies insuring cars in your area, click here.

Which method you use is up to you, but try to use apples-to-apples information for every company. If the quotes have different limits and deductibles on each one it will be very difficult to determine the best price for your Toyota Yaris. Even a minor difference in limits could mean much higher rates. Keep in mind that comparing a wide range of rates provides better odds of finding the best offered rates. Some insurance companies are not set up to provide prices over the internet, so it’s important to compare price quotes from them as well.

These discounts can slash auto insurance rates

Buying auto insurance is not cheap, but there are discounts available that can help lower your rates. Certain discounts will be triggered automatically at quote time, but some need to be asked for prior to receiving the credit.

  • Lower Rates for Military – Having an actively deployed family member may qualify for rate reductions.
  • Senior Citizen Rates – If you’re over the age of 55, you may receive lower premium rates for Yaris insurance.
  • Waiver for an Accident – Not really a discount, but a few companies such as Liberty Mutual, Allstate and State Farm may permit one accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
  • Drivers Ed for Students – Teen drivers should sucessfully take a drivers education course as it can save substantially.
  • Federal Government Employee – Having worked for a branch of the government could provide a small rate reduction for Yaris insurance depending on your auto insurance provider.
  • Bundled Policy Discount – If you can combine your auto and home policy and insure them with the same company you could save up to 20% off your total premium.
  • Good Student – Getting good grades can get you a discount of up to 25%. This discount can apply until age 25.

As a disclaimer on discounts, most credits do not apply to all coverage premiums. Some only apply to individual premiums such as liability, collision or medical payments. Even though the math looks like you can get free auto insurance, nobody gets a free ride.

Auto insurance companies that may offer policyholders most of the discounts above include:

When getting a coverage quote, ask each company which discounts can lower your rates. Depending on the company, some discounts may not apply to policies in your area. To find insurers that offer discounts, follow this link.

When do I need an agent’s advice?

When it comes to choosing the right insurance coverage, there really is not a single plan that fits everyone. Each situation is unique.

Here are some questions about coverages that may help highlight if you might need an agent’s assistance.

  • Why is insurance for a teen driver so high?
  • Am I covered if I break a side mirror?
  • If my pet gets injured in an accident are they covered?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I have newly-aquired coverage?
  • What is the ISO rating for a 2007 Toyota Yaris?

If you can’t answer these questions, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form.

Learn about auto insurance coverages for a 2007 Toyota Yaris

Learning about specific coverages of your auto insurance policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability auto insurance – Liability insurance protects you from damages or injuries you inflict on a person or their property in an accident. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like bail bonds, repair bills for other people’s vehicles, pain and suffering, medical services and court costs. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance kick in for immediate expenses like dental work, funeral costs, EMT expenses, prosthetic devices and chiropractic care. They are used in conjunction with a health insurance program or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Toyota Yaris.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage – This covers damage to your Yaris caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like scraping a guard rail, sideswiping another vehicle, sustaining damage from a pot hole, rolling your car and crashing into a building. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision) – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, a broken windshield, damage from flooding, rock chips in glass and falling objects. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

In any little way, save everyday

As you shop your coverage around, make sure you don’t buy lower coverage limits just to save a few bucks. In many instances, someone dropped comprehensive coverage or liability limits only to discover later that they should have had better coverage. Your strategy should be to find the BEST coverage for the lowest price while not skimping on critical coverages.

You just learned many ideas to lower your 2007 Toyota Yaris insurance premium rates. It’s most important to understand that the more price quotes you have, the higher the chance of saving money. You may even find the lowest priced auto insurance comes from an unexpected company.

Drivers leave their current company for any number of reasons including poor customer service, policy cancellation, unfair underwriting practices and even an unsatisfactory settlement offer. Whatever your reason, finding the right auto insurance provider is easier than you think.

For more information, feel free to browse the resources below: