2015 Scion iQ Car Insurance Rates – 6 Policy Discounts

Want the cheapest auto insurance rates for your Scion iQ? Sick and tired of not being able to scrape enough together to buy auto insurance? You have the same problem as many other consumers. Due to the large number of companies to choose from, it can be diffult for people to choose the best company.

How to get low cost insurance coverage

Getting a cheaper price on 2015 Scion iQ insurance is not a difficult process. Just spend a little time getting comparison quotes online from several insurance companies. Insurance prices can be quoted by following the guidelines below.

  1. The most efficient way to get the best comparison quotes is an all-inclusive rate comparison like this one (opens in new window). This style of form eliminates the need for separate quotation requests for every company. Completing one form will return quotes from all major companies.
  2. A harder way to analyze rates requires a visit to the website for every company you want to comare and get a separate price quote. For sake of this example, we’ll assume you want rates from Nationwide, State Farm and Geico. To get rate quotes you would need to go to every website and enter your policy data, which is why the first method is more popular. To view a list of companies in your area, click here.
  3. The least recommended method to compare price quotes is physically going to insurance agencies in your area. The internet makes this process obsolete unless you have a complicated situation and need the extra assistance that can only be provided by a licensed insurance agent. However, consumers can get prices online but buy from a local insurance agent.

The method you choose is up to you, but make darn sure you compare nearly identical coverage data with each company. If you use different coverage information you can’t possibly determine the lowest rate for your Scion iQ.

What insurance coverages do I need?

When it comes to choosing the best insurance coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s and your policy should reflect that. Here are some questions about coverages that can help discover if your situation might need professional guidance.

  • Is other people’s property covered if stolen from my vehicle?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Does car insurance cover theft of personal property?
  • How much liability insurance is required?
  • What is PIP insurance?
  • Are my friends covered when driving my car?
  • Can I still get insurance after a DUI?
  • Can I rent a car in Mexico?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.

Specific coverage details

Understanding the coverages of your policy helps when choosing the right coverages and the correct deductibles and limits. Insurance terms can be ambiguous and nobody wants to actually read their policy. These are typical coverage types found on most insurance policies.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills such as hospital visits, surgery and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Liability coverage – This coverage can cover damage or injury you incur to other’s property or people in an accident. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things like medical services, emergency aid, bail bonds and structural damage. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive or Other Than Collision – This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, rock chips in glass, fire damage and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision – This coverage will pay to fix damage to your iQ from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, hitting a mailbox, rolling your car, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.

UM/UIM Coverage – This provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.