Cheaper 2016 Toyota Prius Car Insurance Quotes

Searching for better insurance coverage rates for your Toyota Prius? Paying for high-priced Toyota Prius insurance can bleed your savings and make it impossible to make ends meet. Doing a rate comparison is recommended to slash your bill and have more diposable income.

Companies like Geico, 21st Century and Progressive continually hit you with TV and radio ads and it can be hard to avoid their marketing magic and effectively compare rates to find the best deal.

Consumers should take time to shop coverage around occasionally because insurance prices trend upward over time. Even if you think you had the best price on Prius coverage a few years ago a different company probably has better rates today. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to the quickest way to save money, get proper deductibles and limits, all at the lowest rate.

Toyota Prius insurance cost factors

An important part of buying insurance is that you know a few of the rating criteria that play a part in calculating your auto insurance rates. If you know what controls the rates you pay, this enables you to make decisions that can help you get big savings. Multiple criteria are used in the calculation when you quote your car insurance policy. A few of the factors are predictable such as your driving history, although others are not quite as obvious such as your marital status or your vehicle rating.

  • Youthful driver insurance premiums – Mature drivers are more cautious drivers, statistically cause fewer accidents , and usually have better credit.Young drivers have been known to be less responsible when driving with friends and because of this, their auto insurance rates are much higher.
  • Single drivers take more risk – Having a spouse can actually save you money on your auto insurance bill. Marriage usually means you are more stable financially it has been statistically shown that married drivers get in fewer accidents.
  • Do you have a high stress job? – Do you work in a high-stress field? Careers like lawyers, business owners and financial analysts tend to have higher rates than the rest of us attributed to high stress and long work days. Conversely, careers like farmers, athletes and retirees have lower than average premiums on Prius coverage.
  • Pay less with a high NHTSA crash test rating – Vehicles with high crash test scores cost less to insure. Highly rated vehicles reduce the chance of injuries and fewer serious injuries means lower claim amounts and cheaper rates on your policy. If your Toyota is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
  • More traffic equals higher premiums – Choosing to live in smaller towns and rural areas of the country is a positive aspect when it comes to auto insurance. Fewer drivers corresponds to lower accident rates and lower theft and vandalism rates. Drivers in populated areas have traffic congestion and longer commutes to work. Higher commute times means higher likelihood of an accident.
  • Save money by having multiple policies – Lots of insurers give lower prices to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, you may still want to compare rates to confirm you are receiving the best rates possible. You may still find better rates by splitting coverages up.

The fastest way that we advise to compare car insurance company rates takes advantage of the fact auto insurance companies actually pay money for the chance to provide you with a free rate quote. To get started, all you need to do is provide details like level of coverage desired, which vehicles you own, if a SR-22 is needed, and driver details. That information is instantly provided to multiple different insurance companies and they return quotes immediately.

Save money with these car insurance discounts

Insurance can cost an arm and a leg, but you might find some hidden discounts to reduce the price significantly. Many of these discounts will be applied automatically when you get a quote, but occassionally some discounts must be specially asked for before you get the savings.

  • New Car Discount – Insuring a new car can cost up to 25% less because newer vehicles have to meet stringent safety requirements.
  • Multi-Vehicle Discounts – Buying coverage for multiple cars or trucks with one company may reduce the rate for each vehicle.
  • Driver’s Education for Students – Require your teen driver to participate in a local driver’s education class if offered at their school.
  • Include Life Insurance and Save – Some insurance companies give better premium rates if you take out some life insurance too.
  • Own a Home – Just being a homeowner can save a few bucks because owning a home is proof of financial responsibility.
  • Seat Belt Discounts – Drivers who require all occupants to fasten their seat belts may be able to save a few bucks off the personal injury premium cost.
  • Claim Free – Drivers who don’t have accidents can earn big discounts in comparison with frequent claim filers.
  • Good Driver Discount – Insureds who avoid accidents could pay up to 40% less on Prius coverage than less cautious drivers.
  • Smart Student Discounts – This discount may save you up to 25%. Earning this discount can benefit you well after school through age 25.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Most only cut the price of certain insurance coverages like comp or med pay. So when it seems like you can get free auto insurance, nobody gets a free ride.

The best car insurance companies and a partial list of their discounts are outlined below.

  • Progressive offers discounts including online signing, continuous coverage, good student, multi-policy, and homeowner.
  • MetLife has savings for defensive driver, accident-free, good student, good driver, multi-policy, and claim-free.
  • Mercury Insurance includes discounts for age of vehicle, ease of repair, good driver, accident-free, anti-theft, and low natural disaster claims.
  • Nationwide discounts include multi-policy, anti-theft, easy pay, business or organization, defensive driving, family plan, and accident-free.
  • Geico offers premium reductions for seat belt use, five-year accident-free, anti-theft, federal employee, good student, anti-lock brakes, and driver training.
  • AAA may have discounts that include AAA membership discount, good student, anti-theft, education and occupation, pay-in-full, and good driver.

If you are trying to find cheap insurance quotes, ask each company what discounts are available to you. All car insurance discounts might not apply in every state.

Car insurance can get complicated

When it comes to buying the best car insurance coverage for your personal vehicles, there really is not a one size fits all plan. Each situation is unique so your insurance needs to address that. For example, these questions can aid in determining whether or not you may require specific advice.

  • Can I get a multi-policy discount?
  • Are rock chip repairs covered?
  • Am I insured when driving a different vehicle?
  • Am I missing any policy discounts?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Does my personal policy cover me when driving out-of-state?
  • Does my liability insurance cover pulling a trailer or camper?
  • Should I carry comprehensive and collision coverage?

If you’re not sure about those questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.

Auto insurance coverage breakdown

Learning about specific coverages of a auto insurance policy helps when choosing the right coverages for your vehicles. Auto insurance terms can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on the average auto insurance policy.

Liability

Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. It protects you from claims by other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things such as legal defense fees, funeral expenses, structural damage and bail bonds. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your Toyota Prius.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision coverage protection

This coverage will pay to fix damage to your Prius from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, crashing into a building, driving through your garage door, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to bring the cost down.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, vandalism and damage from flooding. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance

Med pay and PIP coverage reimburse you for bills for things like prosthetic devices, surgery, chiropractic care and pain medications. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Save your hard earned cash

You just read many tips how you can compare 2016 Toyota Prius insurance rates online. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding cheap insurance. Consumers may even find the biggest savings come from a small mutual company. Some small companies often have lower car insurance rates on specific markets as compared to the big name companies such as State Farm or Progressive.

As you quote insurance, make sure you don’t skimp on coverage in order to save money. There are too many instances where an insured dropped collision coverage only to find out they didn’t have enough coverage. Your aim should be to purchase a proper amount of coverage for the lowest cost.

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