View 2015 Scion iQ Insurance Quotes

Having to pay for overpriced Scion iQ insurance can empty your bank account and force you to prioritize other expenses. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away. With consumers having so many different company options, it can be impossible to locate the most cost effective car insurance company.

How to Get Car Insurance

There are a variety of methods you can shop for 2015 Scion iQ car insurance but some are less time-consuming than others. You can spend your afternoon talking to local insurance agents in your area, or you could use the internet to get rate comparisons in just a few minutes.

Many companies participate in an industry program where prospective buyers submit one quote, and each company returns a rated price. This eliminates the need for repetitive form submissions for every car insurance company. To compare 2015 Scion iQ rates now click here (opens in new window).

The only downside to doing it this way is you cannot specify the insurers to receive prices from. So if you prefer to choose specific insurance companies to compare rates, we have assembled a list of companies who write car insurance in your area. Click to view list.

It’s your choice how you get your quotes, but double check that you are using the exact same coverages for every company. If your comparisons have different values for each quote you can’t possibly make an equal comparison.

Cut prices on Scion iQ insurance

The price of auto insurance can be rather high, but there are discounts available to help bring down the price. Some discounts apply automatically when you purchase, but less common discounts must be specially asked for prior to getting the savings. If you don’t get every credit you deserve, you are paying more than you should be.

  • Multi-policy Discount – When you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Defensive Driver – Successfully completing a course in driver safety could save 5% or more depending on where you live.
  • Resident Student – Kids in college living away from home attending college and do not have a car can receive lower rates.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Passive Restraint Discount – Factory air bags can qualify for discounts of 20% or more.
  • Accident Free – Drivers who don’t have accidents can earn big discounts compared to bad drivers.
  • New Vehicle Savings – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
  • Accident Forgiveness – A handful of insurance companies permit an accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Club Memberships – Affiliation with a civic or occupational organization may earn a discount on your policy on iQ insurance.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you could get a free auto insurance policy, auto insurance companies aren’t that generous. Any amount of discount will reduce your premiums.

To see a list of companies with discount auto insurance rates, click this link.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different so this has to be addressed. Here are some questions about coverages that might help in determining if you might need professional guidance.

  • Should I sign the liability waiver when renting a car?
  • Where can I find high-risk insurance?
  • Do I need motorclub coverage?
  • Am I covered if I hit a deer?
  • Should I buy only the required minimum liability coverage?
  • Should I bundle my homeowners policy with my auto?
  • Is my teenager covered with friends in the car?
  • Will my insurance pay for OEM parts?
  • Why do I only qualify for high-risk insurance?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Why your Scion iQ insurance rates may be high

It’s important that you understand some of the elements that come into play when calculating insurance coverage rates. When you know what positively or negatively determines base rates allows you to make educated decisions that may reward you with better insurance coverage rates.

The list below includes a partial list of the pieces companies use to determine rates.

  • Safer cars cost less to insure – Vehicles with good safety scores are cheaper to insure. Safer cars have better occupant injury protection and lower injury rates means lower claim amounts and lower rates for you. If your Scion iQ scored better than four stars on Safercar.gov it is probably cheaper to insure.
  • Consolidate policies to earn discounts – The majority of insurers will award you with lower prices to insureds who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to comparison shop to verify if the discount is saving money. Consumers may find a better deal by insuring with multiple companies.
  • Extra add-on coverages are wasting money – There are a lot of extra coverages that you can buy when buying insurance coverage. Insurance for personal injury protection, towing coverage and motor club memberships may be wasting your money. They may seem good initially, but if you don’t need them eliminate the coverages to reduce your premium.
  • Optional equipment can affect rates – Owning a car with a theft deterrent system can save you a little every year. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.

Advertising myths

Consumers constantly see and hear ads that promise big savings from the likes of Allstate and Progressive. All the ads make an identical promise about savings if you change your coverage to them.

How do they all claim to save you money?

Insurance companies can use profiling for the right customer that makes them money. An example of a desirable insured could possibly be between the ages of 30 and 50, is a homeowner, and has great credit. A propective insured who matches those parameters will get the preferred rates and as a result will probably save when switching.

Consumers who are not a match for this ideal profile will have to pay higher prices which usually ends up with business not being written. The ad wording is “customers that switch” not “everyone that quotes” save money. That is how insurance companies can confidently state the savings.

Because of the profiling, you should get as many quotes as possible. It’s not possible to predict which company will give you the biggest savings on Scion iQ insurance.

Insurance coverages and their meanings

Knowing the specifics of your policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are typical coverages found on the average insurance policy.

Coverage for medical expenses – Med pay and PIP coverage reimburse you for expenses like funeral costs, doctor visits, hospital visits, ambulance fees and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like fire damage, hitting a bird and vandalism. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage – This coverage pays for damage to your iQ resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like driving through your garage door, sideswiping another vehicle, sustaining damage from a pot hole, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Scion iQ.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits are set the same as your liablity limits.

Liability car insurance – Liability coverage will cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like structural damage, pain and suffering, funeral expenses and court costs. How much liability should you purchase? That is a decision to put some thought into, but consider buying as much as you can afford.

Stretch your dollar

Cost effective 2015 Scion iQ insurance can be bought online in addition to many insurance agents, so compare prices from both to get a complete price analysis. Some car insurance companies do not provide online quoting and these regional insurance providers work with independent agents.

When you buy insurance online, don’t be tempted to buy less coverage just to save a little money. There have been many cases where someone sacrificed collision coverage to discover at claim time they didn’t have enough coverage. The aim is to buy enough coverage at the best price while not skimping on critical coverages.

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