2014 Toyota Prius v Car Insurance Quotes

Searching for the cheapest car insurance rates for your Toyota Prius v? Locating the cheapest insurance for a Toyota Prius v can normally be a painful process, but you can learn a few tricks to find lower rates. There are more efficient ways to find car insurance online so you’re going to learn the proper way to price shop coverage for a new or used Toyota and get the best price possible from both online companies and local agents.

It’s a good habit to price shop coverage at least once a year because rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best premium rates for Prius v insurance two years ago you may be paying too much now. Don’t believe everything you read about car insurance on the internet, but in just a couple of minutes you can learn some solid techniques on how to put money back in your pocket.

Are you getting every discount?

Some insurance providers don’t list every available discount very clearly, so we took the time to find some of the more common as well as some of the hidden credits available to bring down your rates.

  • No Charge for an Accident – Not necessarily a discount, but certain companies may permit one accident without raising rates if you are claim-free before the accident.
  • Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for Prius v insurance compared to accident prone drivers.
  • Government Employee Discount – Active or retired federal employment could qualify for a slight premium decrease for Prius v insurance with a few car insurance companies.
  • Military Deployment Discount – Being on active deployment in the military may qualify for rate reductions.
  • No Claims – Good drivers with no accidents have much lower rates in comparison to drivers with a long claim history.
  • Discount for Multiple Policies – If you combine your auto and homeowners policies and insure them both with the same insurance company they may give you a discount of nearly 15% which can help you find the cheapest insurance.
  • Theft Deterent – Cars optioned with advanced anti-theft systems prevent vehicle theft and that can save you a little bit as well.
  • Multiple Cars – Insuring multiple cars or trucks on one policy could earn a price break for each car.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted car insurance rate on car insurance if you buy life insurance.
  • Distant Student – Kids who live away from home to go to college without a vehicle on campus could qualify for this discount.

Discounts lower rates, but some credits don’t apply to your bottom line cost. Some only reduce specific coverage prices like liability and collision coverage. So even though you would think all those discounts means the company will pay you, it doesn’t quite work that way.

To choose insurers that offer discounts, follow this link.

How you can control Toyota Prius v insurance prices

Smart consumers have a good feel for the rating factors that help calculate insurance coverage rates. When you know what positively or negatively controls the rates you pay, this allows you to make educated decisions that can help you get much lower annual insurance costs.

The itemized list below are some of the most rate-impacting factors that factor into prices.

  • More traffic equals higher premiums – Living in areas with lower population is a good thing when trying to find low car insurance rates. Drivers in populated areas have to deal with much more traffic and much longer commute distances. Fewer drivers and short commutes means reduced accidents in addition to lower liability claims
  • Vehicle theft costs us all – Choosing a vehicle with a theft deterrent system can earn a premium discount. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms help track and prevent auto theft and help lower rates.
  • How many miles do you drive? – The higher the mileage driven every year the more it will cost to insure it. The majority of insurers calculate prices based upon how the vehicle is primarily used. Vehicles that sit idle most of the time receive lower rates than those that get driven frequently. Having the wrong rating on your Prius v can cost quite a bit. It’s a good idea to make sure your policy correctly shows annual mileage, because improper ratings can cost you money.
  • Incidental coverages are wasting money – There are quite a few extra bells and whistles that can add up if you don’t pay attention. Insurance for things like coverage for rental cars, towing, and extra equipment coverage may not be needed and are just wasting money. These coverages may sound good when discussing your needs, but your needs may have changed so think about removing them and cutting costs.
  • Your liability protection limits – Liability coverage provides coverage in the event that you are determined to be liable for damages from an accident. Liability insurance provides for a legal defense which can cost a lot. Liability insurance is quite affordable when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.
  • Small frequent insurance coverage claims are not good – If you tend to file frequent claims, you can expect higher rates. Insurance companies award the best rates to insureds who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.

When in doubt talk to an agent

When it comes to choosing adequate coverage, there is no best way to insure your cars. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can help discover if your insurance needs might need professional guidance.

  • What is covered by UM/UIM coverage?
  • Is my nanny covered when driving my vehicle?
  • Do I need replacement cost coverage?
  • Does insurance cover damages from a DUI accident?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • When should I not file a claim?
  • Why does it cost so much to insure a teen driver?
  • Is my ex-spouse still covered by my policy?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.

Parts of your auto insurance policy

Having a good grasp of your auto insurance policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for bills for things like dental work, ambulance fees, rehabilitation expenses and EMT expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Collision coverage – This covers damage to your Prius v resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like colliding with another moving vehicle, hitting a parking meter, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your 2014 Toyota Prius v.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive coverage (or Other than Collision) – This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like a broken windshield, vandalism, hail damage and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability – Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage protects against claims such as emergency aid, bail bonds, medical services and court costs. How much coverage you buy is up to you, but you should buy as large an amount as possible.

A fool and his money are soon parted

We just covered quite a bit of information on how to shop for 2014 Toyota Prius v insurance online. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding the cheapest insurance. You may even discover the lowest rates are with some of the smallest insurance companies.

Some insurance companies may not offer rate quotes online and these small, regional companies work with independent agencies. More affordable insurance coverage is possible from both online companies and also from your neighborhood agents, so compare prices from both to have the best rate selection.

When trying to cut insurance costs, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced liability limits or collision coverage only to regret that it was a big mistake. The aim is to get the best coverage possible at an affordable rate.

Additional insurance coverage information is located at these links: