2012 Toyota Prius v Insurance Quotes

Shoppers have a choice when shopping for affordable Toyota Prius v insurance. You can either spend your time contacting agents to get rate comparisons or use the internet to compare rates.

There are both good and bad ways to buy auto insurance and we’ll show you the quickest way to quote coverages on a Toyota and find the lowest possible price either online or from local insurance agents.

The quickest method to compare insurance rates from multiple companies is to understand most larger insurance companies have advanced systems to compare rate quotes. The only thing you need to do is provide a small amount of information like if the vehicle is leased, your general credit rating, whether the vehicles are used for commuting, and if your license is active. The rating information is then sent to many highly-rated insurers and they return rate quotes quickly.

Cheaper car insurance rates with discounts

The price of auto insurance can be rather high, but you might find some hidden discounts to cut the cost considerably. Some trigger automatically at the time of purchase, but some discounts are required to be requested specifically before you will receive the discount.

  • College Student Discount – College-age children who are attending college without a vehicle on campus could get you a discount.
  • Passive Restraints and Air Bags – Options like air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Braking Control Discount – Cars with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Policy Bundle Discount – If you combine your homeowners and auto policies with one insurance company they may give you a discount of nearly 15% which can help you find affordable insurance coverage.
  • Military Discounts – Being on active deployment in the military could be rewarded with lower rates.

While discounts sound great, it’s important to understand that some of the credits will not apply the the whole policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, nobody gets a free ride. Any qualifying discounts will cut your overall premium however.

Popular car insurance companies and a partial list of their discounts can be found below.

  • Geico may offer discounts for five-year accident-free, multi-policy, daytime running lights, air bags, good student, and federal employee.
  • Travelers offers discounts including student away at school, home ownership, save driver, good student, new car, and multi-car.
  • Farm Bureau offers discounts for renewal discount, multi-vehicle, youthful driver, multi-policy, and driver training.
  • Liberty Mutual may have discounts that include preferred payment discount, safety features, good student, newly married, and new graduate.
  • American Family discounts include good driver, mySafetyValet, Steer into Savings, air bags, good student, and multi-vehicle.
  • Progressive may include discounts for online signing, online quote discount, homeowner, multi-vehicle, continuous coverage, multi-policy, and good student.

If you want low cost insurance coverage quotes, ask each company which discounts can lower your rates. All car insurance discounts may not apply to policyholders in every state. To see car insurance companies that offer multiple discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage, there really is no best way to insure your cars. Everyone’s situation is a little different.

For instance, these questions could help you determine whether your personal situation would benefit from professional advice.

  • Do I have coverage for damage caused while driving under the influence?
  • What exactly is covered by my policy?
  • Do I have coverage if my license is suspended?
  • When can my company non-renew my policy?
  • Is extra glass coverage worth it?
  • How much liability coverage do I need in my state?
  • How high should my medical payments coverage be?
  • Do I have any recourse if my insurance company denies a claim?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Auto insurance coverage information

Learning about specific coverages of your policy can help you determine the best coverages at the best deductibles and correct limits. Car insurance terms can be confusing and coverage can change by endorsement.

Collision insurance

This pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like colliding with a tree, sideswiping another vehicle, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for expenses like pain medications, rehabilitation expenses and EMT expenses. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Comprehensive auto coverage

This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a broken windshield, a tree branch falling on your vehicle, vandalism, hitting a deer and hitting a bird. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Toyota Prius v.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability auto insurance

Liability insurance protects you from damage or injury you incur to a person or their property. It protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims such as medical services, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but buy higher limits if possible.