Lower Your 2017 Toyota Yaris iA Car Insurance Rates

Trying to find the cheapest insurance rates for your Toyota Yaris iA? Searching for the cheapest insurance for your Toyota Yaris iA can normally be a lot of work, but you can learn these tips to make it easier. There are both good and bad ways to shop for insurance so we’re going to tell you the best way to price shop coverage for a Toyota and find the lowest possible price either online or from local insurance agents.

Affordable car insurance quotes online

Effectively comparing car insurance prices is a ton of work if you don’t utilize the most efficient way to do it. You could spend your day talking to insurance agencies in your area, or you could use online quotes to quickly compare rates.

Many insurance companies enroll in a system that enables customers to submit their information once, and each participating company then gives them pricing based on that data. This saves time by eliminating quote requests for each company.

To get comparison pricing now click here to open in new window.

One minor caviat to using this type of system is that consumers can’t choose which carriers you want to price. So if you want to choose from a list of companies to compare prices, we have a page of companies who write car insurance in your area. Click here for list of insurance companies.

Whichever method you choose, make sure you compare the same information with each company. If the quotes have mixed coverages you can’t possibly decipher which rate is best.

Get lower-cost insurance with discounts

Not too many consumers would say insurance is affordable, but there are discounts available to reduce the price significantly. Most are applied when you get a quote, but once in a while a discount must be asked about in order for you to get them.

  • More Vehicles More Savings – Purchasing coverage when you have all your vehicles on one policy qualifies for this discount.
  • Senior Citizen Rates – Seniors may qualify for a small decrease in premiums for Yaris iA insurance.
  • Anti-lock Brake System – Vehicles that have anti-lock braking systems can reduce accidents and qualify for as much as a 10% discount.
  • Own a Home and Save – Just owning your own home can help you save on insurance because owning a home requires personal responsibility.
  • Discount for Multiple Policies – If you combine your home and auto policies and place coverage with the same company you may save 10% to 20% off each policy.
  • Switch and Save Discount – A few insurance companies allow discounts for signing up before your current policy expires. It can save you around 10%.
  • Student Discount for Driver Training – Require your teen driver to enroll in driver’s education in high school.
  • Theft Deterent Discount – Cars equipped with tracking devices and advanced anti-theft systems help deter theft so companies will give you a small discount.
  • Discount for Life Insurance – If the company offers life insurance, you could get a lower rate if you buy auto and life insurance together.

Discounts save money, but please remember that many deductions do not apply to the entire cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though it sounds like having all the discounts means you get insurance for free, that’s just not realistic. But any discount should definitely cut your overall bill.

A list of companies and some of their more popular discounts can be found below.

  • State Farm has discounts for defensive driving training, anti-theft, safe vehicle, multiple autos, accident-free, and Steer Clear safe driver discount.
  • Progressive has savings for multi-vehicle, homeowner, continuous coverage, good student, and online quote discount.
  • Progressive discounts include online quote discount, multi-vehicle, online signing, good student, multi-policy, continuous coverage, and homeowner.
  • MetLife offers premium reductions for good driver, claim-free, good student, multi-policy, and defensive driver.
  • Farm Bureau offers discounts including safe driver, renewal discount, good student, multi-policy, and youthful driver.
  • Geico may include discounts for seat belt use, military active duty, emergency military deployment, anti-theft, anti-lock brakes, and driver training.
  • SAFECO policyholders can earn discounts including safe driver, accident prevention training, anti-lock brakes, multi-car, bundle discounts, teen safe driver, and drive less.

When quoting, ask every insurance company what discounts are available to you. Savings may not apply to policyholders in your area. For a list of insurance companies that offer discounts, follow this link.

Eight things that affect your insurance costs

Many things are part of the equation when pricing auto insurance. Some are pretty understandable such as traffic violations, although some other factors are more obscure such as your marital status or your commute time.

  • Never let your coverage expire – Letting your insurance expire is a fast way to pay more for car insurance. In addition to paying higher premiums, the inability to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • The higher your credit rating the lower your premiums – Having a bad credit score will be a significant factor in calculating your premium rate. Insureds that have excellent credit scores tend to be better risks to insure as compared to drivers with poor credit. If your credit score is lower than you’d like, you could pay less to insure your 2017 Toyota Yaris iA by repairing your credit.
  • Rates increase with policy add-ons – Policies have extra coverages you can purchase if you aren’t diligent. Insurance for things like rental car reimbursement, towing, and membership fees may be costing you every month. They may sound like good ideas when you first buy your policy, but if you don’t need them eliminate them to save money.
  • Where you live is a factor – Living in a small town may provide you with better prices when trying to find low car insurance rates. Lower population means less chance of accidents. People who live in big cities have more traffic problems and more severe claims. Longer commute distances means a statistically higher chance of an accident.
  • Vehicles with better crash test results cost less to insure – Cars with high safety ratings tend to be cheaper to insure. Highly rated vehicles reduce injuries and fewer serious injuries means less claims paid and cheaper rates on your policy. If the Toyota Yaris iA scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Keep car insurance rates low by being claim-free – If you are a frequent claim filer, you can definitely plan on increased rates or even have your policy non-renewed. Car insurance companies give most affordable rates to insureds who are claim-free. Insurance coverage is meant to be used in the event of claims that pose a financial burden.
  • More annual miles equals more premium – Driving a lot of miles annually the higher your rate. Almost all companies price each vehicle’s coverage based on their usage. Vehicles that have low annual miles get more affordable rates than vehicles that have high annual mileage. Verify your declarations sheet is rated on the correct driver usage, because it can save money. An incorrectly rated Yaris iA can result in significantly higher rates.
  • Rates also based on gender – The statistics show that women are safer drivers than men. This data doesn’t prove that females are better at driving than males. Men and women get in at-fault accidents at a similar rate, but males tend to have more serious accidents. Men also tend to get cited for more serious violations like DWI (DUI) or reckless driving. Male drivers age 16 to 19 are most likely to cause an accident so it costs more to insure them.

Tailor your insurance coverage to you

When choosing adequate coverage, there really is no “perfect” insurance plan. Everyone’s situation is unique.

Here are some questions about coverages that can aid in determining if your insurance needs would benefit from professional advice.

  • Are all vehicle passengers covered by medical payments coverage?
  • Is my custom paint covered by insurance?
  • Is my cargo covered for damage or theft?
  • How much liability insurance is required?
  • What is the difference between comprehensive and collision coverage?
  • Is business property covered if stolen from my car?
  • When should I remove comp and collision on my 2017 Toyota Yaris iA?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and may give you better protection.

Car insurance coverage considerations

Learning about specific coverages of your policy aids in choosing the best coverages for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring.

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

Comprehensive insurance covers claims like hail damage, hitting a deer, a broken windshield, vandalism and fire damage. The maximum amount your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverage – Liability coverage provides protection from damage that occurs to a person or their property. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims like funeral expenses, loss of income and court costs. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your 2017 Toyota Yaris iA.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision coverage – Collision coverage covers damage to your Yaris iA caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as sustaining damage from a pot hole, crashing into a building, scraping a guard rail and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like pain medications, rehabilitation expenses and prosthetic devices. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Better coverage you can count on

Some insurance companies don’t offer online price quotes and these regional insurance providers sell through independent agents. Cheaper 2017 Toyota Yaris iA insurance is available both online as well as from independent agents, so compare prices from both to have the best rate selection.

When buying insurance coverage, it’s a bad idea to reduce coverage to reduce premium. In many cases, an accident victim reduced comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy a smart amount of coverage for the lowest cost while not skimping on critical coverages.

Consumers switch companies for a variety of reasons including denial of a claim, questionable increases in premium, poor customer service and being labeled a high risk driver. It doesn’t matter why you want to switch finding the right car insurance provider is less work than it seems.

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