Cheaper 2016 Toyota Prius v Insurance Cost

Searching for better insurance rates for your Toyota Prius v? High-priced Toyota Prius v insurance can bottom out your accounts and make it impossible to make ends meet. Shopping your coverage around can lower your rates and help to cut your insurance bill.

Big companies like Allstate, Progressive and Geico all claim big savings with ads and it can be hard to see past the geckos and flying pigs and take the time to shop coverage around.

How to buy car insurance online

Getting a cheap price on 2016 Toyota Prius v insurance can be surprisingly simple. All you need to do is invest a few minutes comparing rates provided by online insurance companies. This is very easy and can be done using a couple different methods.

The best way to get quotes would be an industry-wide quote request form click here to open form in new window. This form keeps you from doing multiple quote forms for every car insurance company. One quote request gets you price quotes from several companies.

A more difficult way to obtain and compare quotes online is spending the time to visit each company website and go through the quote process again. For sake of this example, we’ll assume you want to compare prices for Nationwide, Geico and State Farm. You would have to visit each site and repeatedly type in your coverage information, and that explains why we recommend the first method.

To view a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just double check that you are using equivalent coverage limits for each comparison quote. If you have mixed coverages it will be impossible to find the best deal for your Toyota Prius v.

Insurance coverage rates and discounts

Insurance can be prohibitively expensive, but you can get discounts that you may not know about. Some trigger automatically when you purchase, but less common discounts must be asked for before you will receive the discount.

• Discount for Low Mileage – Fewer annual miles on your Toyota could earn cheaper insurance coveragerates.
• Driver Safety – Taking part in a driver safety class may get you a small discount and make you a better driver.
• First Accident Forgiveness – This one is not really a discount per se, but some companies like Liberty Mutual, Allstate and State Farm will let one accident slide before your rates go up if you are claim-free for a specific time period.
• Passive Restraint Discount – Options like air bags can qualify for discounts as much as 30%.
• Senior Citizen Rates – Drivers over the age of 55 may be able to get reduced rates on Prius v insurance.
• Accident-Free Discounts – Claim-free drivers can earn big discounts when compared to insureds who have frequent claims or accidents.
• Clubs and Organizations – Joining a civic or occupational organization could earn you a nice discount on your next renewal.
• Telematics Data Discounts – Drivers who agree to allow companies to spy on vehicle usage by using a telematics device in their vehicle like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates as long as they are good drivers.

Discounts save money, but please remember that some of the credits will not apply to the overall cost of the policy. Some only reduce specific coverage prices like comp or med pay. If you do the math and it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

A few popular companies and some of the discounts are outlined below.

• State Farm includes discounts for defensive driving training, safe vehicle, good driver, multiple autos, multiple policy, and anti-theft.
• Farmers Insurance offers discounts for youthful driver, teen driver, alternative fuel, early shopping, mature driver, business and professional, and good student.
• Geico may include discounts for good student, anti-lock brakes, federal employee, air bags, membership and employees, multi-vehicle, and five-year accident-free.
• American Family has discounts for mySafetyValet, multi-vehicle, good driver, defensive driver, and TimeAway discount.
• Nationwide may offer discounts for business or organization, accident-free, easy pay, defensive driving, good student, and anti-theft.
• Progressive policyholders can earn discounts including good student, homeowner, online quote discount, online signing, and multi-policy.

When comparing rates, check with every company to apply every possible discount. All car insurance discounts may not apply to policies in your area.

Situations that may require an agent’s advice

When buying adequate coverage, there really is not a one size fits all plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that may help highlight if your situation would benefit from professional advice.

• Does car insurance cover theft of personal property?
• Is my cargo covered for damage or theft?
• Am I covered if I break a side mirror?
• Is my ex-spouse still covered by my policy?
• When can my company non-renew my policy?
• Is my trailer covered?

If you can’t answer these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area. It’s fast, free and may give you better protection.

Educate yourself about auto insurance coverages

Understanding the coverages of auto insurance helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are the usual coverages offered by auto insurance companies.

Medical expense coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like X-ray expenses, rehabilitation expenses, ambulance fees and nursing services. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive protection – Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like vandalism, hail damage, damage from a tornado or hurricane and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision – Collision coverage will pay to fix damage to your Prius v from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as crashing into a ditch, scraping a guard rail, hitting a mailbox, hitting a parking meter and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also increase the deductible to bring the cost down.

Uninsured or underinsured coverage – This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Liability insurance – This will cover damage that occurs to a person or their property. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability insurance covers things such as attorney fees, funeral expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.