How Much Does 2012 Toyota Prius Plug-in Insurance Cost?

Trying to find lower auto insurance rates for your Toyota Prius Plug-in? Did budget coverage turn out to be an expensive auto insurance policy? Say no more because you’re not alone. Numerous car insurance companies battle to insure your vehicles, and because of this it can be hard to compare insurers to discover the definitive best rates possible.

It’s a good idea to shop coverage around occasionally since insurance rates are constantly changing. Just because you found the lowest premium rates on Prius Plug-in insurance a year ago there is a good chance you can find better prices now. There is lot of inaccurate information about auto insurance on the web, but I’m going to show you some proven techniques to find cheap auto insurance.

Compare quotes for car insurance

Finding a lower price on 2012 Toyota Prius Plug-in insurance is surprisingly easy. Drivers just need to spend a few minutes to compare rate quotes from online providers. Rate comparisons can be done using a couple different methods.

1. If you are pressed for time, the simplest way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This form prevents you from having to do boring form submissions for each company. Taking the time to complete one form will return price quotes from many national carriers.
2. A less efficient way to get quotes online requires visiting the website for every company you want to comare and fill out their own quote form. For instance, let’s assume you want to compare rates from State Farm, Farmers and Progressive. To get each rate you have to visit each site to enter your coverage information, and that explains why we recommend the first method.

   For a handy list of car insurance company links in your area, click here.

However you get your quotes, make sure you use equivalent coverages for each price quote. If you compare differing limits it will be impossible to determine the best price for your Toyota Prius Plug-in.

Find discounts to get cheap insurance quotes

Insurance is not an enjoyable expense, but you might be missing out on some discounts that could help you make your next renewal payment. Some discounts apply automatically when you purchase, but a few need to be inquired about prior to getting the savings.

• E-sign Discounts – Many larger companies will provide an incentive simply for signing digitally online.
• Claim Free – Drivers who stay claim-free pay much less in comparison to accident-prone drivers.
• Student in College – Children who are enrolled in higher education away from home and do not take a car to college could get you a discount.
• Full Payment Discount – If you pay your bill all at once instead of paying each month you can avoid the installment charge.
• Telematics Data Discounts – People who choose to allow their insurance company to study driving patterns by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they have good driving habits.
• Multi-line Discount – Select insurance companies reward you with better insurancerates if you take out life insurance.
• Drive Safe and Save – Drivers who don’t get into accidents could pay up to 40% less on Prius Plug-in insurance than drivers with accident claims.
• Savings for New Vehicles – Buying a new car model can save you some money since newer vehicles are generally safer.
• Homeowners Savings – Just being a homeowner may trigger a policy discount on insurance because owning a home demonstrates responsibility.
• Anti-theft System – Anti-theft and alarm system equipped vehicles are stolen less frequently and earn discounts up to 10% off your insurance coverage quote.

Discounts lower rates, but many deductions do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like collision or personal injury protection. Even though it appears you would end up receiving a 100% discount, nobody gets a free ride.

The best insurance companies and their offered discounts include:

• State Farm discounts include Drive Safe & Save, Steer Clear safe driver discount, accident-free, multiple policy, anti-theft, and student away at school.
• Geico may include discounts for military active duty, multi-policy, driver training, membership and employees, multi-vehicle, and emergency military deployment.
• SAFECO policyholders can earn discounts including accident prevention training, safe driver, teen safe driver, bundle discounts, and anti-theft.
• Farmers Insurance has savings for distant student, pay in full, multi-car, early shopping, teen driver, homeowner, and switch companies.
• AAA has discounts for good driver, multi-policy, education and occupation, AAA membership discount, anti-theft, and good student.
• USAA offers premium reductions for military installation, vehicle storage, new vehicle, defensive driver, and multi-policy.

Before buying, ask each company which discounts they offer. Depending on the company, some discounts may not apply in your area.

Tailor your insurance coverage coverage to you

When it comes to choosing the right insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions can help discover whether you might need professional guidance.

• Do I pay less if my vehicle is kept in my garage?
• Am I getting all the discounts available?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Should I drop comprehensive coverage on older vehicles?
• How much liability coverage do I need in my state?
• Is a fancy paint job covered?
• Does coverage extend to a rental car in a foreign country?
• When can I cancel my policy?
• Do I have coverage for damage caused while driving under the influence?
• Do I need more liability coverage?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Learn about auto insurance coverages for a Toyota Prius Plug-in

Understanding the coverages of your auto insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most auto insurance policies.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for bills like rehabilitation expenses, nursing services, hospital visits, ambulance fees and surgery. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Collision coverage – Collision coverage pays for damage to your Prius Plug-in resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a ditch, crashing into a building, damaging your car on a curb and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.

Comprehensive coverage – This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as theft, damage from getting keyed and falling objects. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability insurance – Liability insurance protects you from damages or injuries you inflict on other people or property that is your fault. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers things such as legal defense fees, bail bonds, emergency aid and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.