2008 Scion xB Insurance Cost – 10 Savings Tips

Looking for better insurance coverage rates for your Scion xB? Paying for overpriced Scion xB insurance can bottom out your savings account and possibly require you to analyze your spending habits. Price shopping at each renewal can help to cut your insurance bill.

Big companies like State Farm, Allstate, Geico and Progressive constantly blast consumers with TV and radio ads and it is challenging if not impossible to ignore the flying pigs and cute green geckos and take the time to shop coverage around.

If you have car insurance now, you will be able to cut costs considerably using these methods. Buying car insurance is quite easy. Although drivers can benefit by having an understanding of the way insurance companies price online insurance and use this information to your advantage.

The quickest method we recommend to compare car insurance rates is to know the trick most larger insurance companies pay for the opportunity to compare their rates. The only thing you need to do is provide details such as driver ages, the type of vehicles you drive, how your vehicles are used, and marital status. Your information is instantly provided to many highly-rated insurers and you get price estimates immediately.

To find the cheapest car insurance rates, click here and find out if you can get cheaper insurance.

But the ad said I’d save 15% in 15 minutes!

Insurance coverage providers like State Farm, Geico and Progressive continually stream ads in print and on television. All the ads have a common claim about saving some big amount just by moving your policy. How do they all cost less than your current company? Here is the trick they use.

Insurance coverage companies have a preferred profile for a prospective insured that earns them the highest profit. One example of this type of insured could be between 30 and 50, has never had a claim, and drives less than 10,000 miles a year. A propective insured who fits that profile will get a cheap rate quote and most likely will save when they switch companies.

Consumers who do not match the requirements will get a more expensive rate and this can result in business not being written. If you listen to the ad wording, they say “customers that switch” but not “everyone who gets a quote” save money. That is how companies can advertise the way they do. This really illustrates why you really should get as many free insurance quotes as possible. Because you never know which company will have the best rates.

Discount auto insurance quotes

Auto insurance is not cheap nor is it fun to buy but there’s a good chance there are discounts that many consumers don’t even know exist. Some of these disounts will be visible at the time of quoting, but a few must be specially asked for in order for you to get them.

  • Student Discount for Driver Training – Require your teen driver to complete a driver education course as it will make them better drivers and lower rates.
  • New Car Discount – Buying a new car instead of a used car may earn a small discount compared to insuring an older model.
  • Homeowners Discount – Just owning your own home can save a few bucks due to the fact that maintaining a home requires a higher level of personal finance.
  • Active Military Service – Being deployed in the military could trigger a small discount.
  • Anti-theft Discount – Vehicles that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Telematics Data Discounts – Insureds that choose to allow driving data submission to spy on when and where they use their vehicle by installing a telematics device such as State Farm’s In-Drive could see a rate decrease if they are good drivers.
  • Payment Discounts – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.
  • Use Seat Belts – Drivers who require all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
  • Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. This discount can apply until age 25.
  • First Accident Forgiveness – Not necessarily a discount, but a handful of insurance companies will turn a blind eye to one accident without getting socked with a rate hike if your claims history is clear for a particular time prior to the accident.

Policy discounts save money, but most of the big mark downs will not be given to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. Despite the fact that it seems like you can get free auto insurance, you’re out of luck.

Large auto insurance companies and the discounts they provide include:

  • Farmers Insurance has discounts for good student, distant student, early shopping, business and professional, homeowner, mature driver, and pay in full.
  • State Farm offers discounts for defensive driving training, driver’s education, good driver, accident-free, student away at school, Drive Safe & Save, and Steer Clear safe driver discount.
  • Liberty Mutual may offer discounts for multi-car, newly married, exclusive group savings, safety features, new graduate, and hybrid vehicle.
  • MetLife discounts include good student, multi-policy, defensive driver, claim-free, and good driver.
  • Progressive includes discounts for continuous coverage, multi-vehicle, online signing, multi-policy, good student, and homeowner.

If you need inexpensive insurance quotes, ask each company how many discounts you can get. Some discounts listed above may not apply in your area.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions could help you determine if you would benefit from professional advice.

  • Is pleasure use cheaper than using my 2008 Scion xB to commute?
  • How can I find cheaper teen driver insurance?
  • Do I need added coverage for expensive stereo equipment?
  • Can I drive in Mexico and have coverage?
  • Do I need replacement cost coverage?
  • Does my insurance cover a custom paint job?
  • How many claims can I have before being cancelled?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Specifics of your auto insurance policy

Learning about specific coverages of your auto insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most auto insurance policies.

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like rolling your car, hitting a mailbox, damaging your car on a curb, hitting a parking meter and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive insurance

This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like a tree branch falling on your vehicle, hitting a bird, rock chips in glass and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for liability

This coverage can cover damage or injury you incur to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things like court costs, legal defense fees, medical services and emergency aid. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Scion xB.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for bills such as doctor visits, hospital visits and rehabilitation expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Smart consumers save more

As you prepare to switch companies, never sacrifice coverage to reduce premiums. There are a lot of situations where drivers have reduced liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. Your aim should be to buy a smart amount of coverage at a price you can afford, but do not sacrifice coverage to save money.

Some companies do not offer online price quotes and most of the time these small insurance companies prefer to sell through independent agents. Cheap 2008 Scion xB insurance can be sourced on the web and also from your neighborhood agents, and you should be comparing both to have the best rate selection.

Much more information about auto insurance can be read at the links below