How Much Does 2006 Scion xB Insurance Cost?

Want better auto insurance rates for your Scion xB? Expensive auto insurance can overdraw your savings account and make it impossible to make ends meet. Comparing price quotes is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income. Drivers have multiple auto insurance companies to choose from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to compare company pricing.

Are you getting all your discounts?

Companies that sell car insurance don’t necessarily list every discount in a way that’s easy to find, so we break down some of the more common and also the lesser-known savings tricks you should be using. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Multi-policy Discount – If you insure your home and vehicles with the same insurance company you may save 10% to 20% off each policy.
  • Lower Rates for Military – Being deployed with a military unit can result in better rates.
  • Multi-car Discount – Having more than one vehicle on one policy could earn a price break for each car.
  • Discount for Good Grades – This discount can earn a discount of 20% or more. The discount lasts up until you turn 25.
  • Life Insurance – Some companies give lower rates if you buy a life insurance policy as well.

It’s important to note that most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, auto insurance companies aren’t that generous.

Car insurance companies that possibly offer these benefits include:

It’s a good idea to ask each insurance company how you can save money. Savings might not be offered everywhere.

Tailor your coverage to you

When it comes to buying the right insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions could help you determine if you would benefit from an agent’s advice.

  • Does insurance cover tools stolen from my truck?
  • How much can I save by bundling my policies?
  • Is my teenager covered with friends in the car?
  • Do I have coverage for damage caused while driving under the influence?
  • How does medical payments coverage work?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered when pulling a rental trailer?
  • How can I get high-risk coverage after a DUI?
  • How many claims can I have before being cancelled?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Save $447 a year? Really?

Consumers can’t get away from ads for cheaper car insurance by companies like State Farm, GEICO and Progressive. They all seem to make an identical promise about savings if you change to them.

But how can every company claim to save you money? This is how they do it.

All companies are able to cherry pick for the driver that makes them money. An example of a profitable customer might be profiled as over the age of 40, insures multiple vehicles, and drives newer vehicles. Any new insured who meets those qualifications gets the lowest rates and therefore will save when switching.

Drivers who don’t qualify for this ideal profile will be charged more money which usually ends up with the customer not buying. The ad wording is “drivers who switch” not “everybody who quotes” save money. That’s the way insurance companies can confidently make those claims. That is why it is so important to get as many comparisons as possible. It is impossible to predict which company will provide you with the cheapest Scion xB insurance rates.

Specific coverage details

Knowing the specifics of insurance can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for expenses for things like ambulance fees, EMT expenses, chiropractic care, rehabilitation expenses and dental work. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Collision insurance

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as backing into a parked car, sustaining damage from a pot hole, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Liability car insurance

Liability insurance can cover damage or injury you incur to a person or their property that is your fault. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability insurance covers claims like emergency aid, court costs and attorney fees. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

Comprehensive protection

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hitting a bird, theft, damage from flooding and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Scion xB.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

The bottom line

When shopping online for car insurance, it’s very important that you do not buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice collision coverage and learned later that the savings was not a smart move. Your aim should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Throughout this article, we presented some good ideas how you can get a better price on 2006 Scion xB insurance. The key thing to remember is the more times you quote, the better your chances of lowering your rates. You may even discover the lowest premiums are with a small mutual company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like GEICO and State Farm.

Much more information about car insurance is located at these links: