2017 Toyota Prius Car Insurance Rates – 5 Tips for Best Quotes

Trying to find the cheapest insurance coverage rates for your Toyota Prius? Comparing and finding low cost coverage rates for insurance coverage might be challenging for drivers who are beginners to comparing prices online. Consumers have so many choices that it can turn into a big hassle to compare prices.

If you currently have car insurance, you will be able to lower your premiums substantially using these tips. Shopping for affordable coverage is quite easy. Nevertheless, car owners need to learn how big insurance companies price insurance differently because it can help you find the best coverage.

How to compare insurance price quotes

To get cheaper insurance coverage quotes, there a variety of ways to get quotes from lots of insurance companies. One of the best ways to find the best Toyota Prius insurance rates is simply to get online rate quotes. This is very easy and can be done by using one of the methods below.

  • The first (and easiest) way consumers can analyze rates would be an industry-wide quote request form click here to open form in new window. This quick form eliminates the need for separate quotation requests for each company. One quote request will get you rate comparisons from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
  • A more difficult way to analyze rates consists of visiting each company’s website and get a separate price quote. For examples sake, let’s say you want comparison quotes from Progressive, Allstate and American Family. In order to get each rate, you would have to spend time going to each site individually and type in your information over and over, which can be really labor intensive. To view a list of companies in your area, click here.
  • The most time-consuming method to comparison shop is driving to insurance agencies in your area. Comparing rate quotes online eliminates this option unless you have a complicated situation and need the advice and guidance that only a licensed agent can provide. It is possible to compare online quotes and still use a local agent.

You can choose any of those ways to find more affordable coverage, but do your best to enter identical coverage information for each price quote. If you compare different coverage information it will be impossible to make a fair comparison for your Toyota Prius. Just a small difference in coverage limits can result in a big premium difference. And when price shopping your coverage, comparing all the rates in your area will enable you to find more affordable rates. Some smaller insurers to not give online rate quotes, so it’s important to also get price quotes from them, too.

Five discounts to earn lower-cost insurance rates

Insurance is not cheap nor is it fun to buy but you can get discounts that can drop the cost substantially. Many discounts should be triggered when you quote, but once in a while a discount must be inquired about in order for you to get them.

  • ABS Brakes – Cars and trucks that have anti-lock braking systems can stop better under adverse conditions so you can save 10 percent or more.
  • Own a Home – Just owning your own home can earn you a little savings because owning a home means you have a higher level of financial diligence.
  • Driver’s Ed – Teen drivers should take driver’s ed class in high school.
  • Memberships – Affiliation with a civic or occupational organization may earn a discount on your next insurance statement.
  • Save with a New Car – Buying a new car instead of a used car can cost up to 25% less because new vehicles keep occupants safer.

Remember that some of the credits will not apply to the overall cost of the policy. Some only reduce individual premiums such as liability and collision coverage. If you do the math and it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

To choose insurers who offer online insurance quotes, follow this link.

Tailor your car insurance coverage to you

When buying coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that can help discover whether your personal situation would benefit from professional advice.

  • Is my camper covered by my car insurance policy?
  • Does my 2017 Toyota Prius qualify for pleasure use?
  • Should I have a commercial auto policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • What is UM/UIM insurance?
  • Do I have coverage when making deliveries for my home business?
  • Is pleasure use cheaper than using my 2017 Toyota Prius to commute?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, simply complete this short form.

Car insurance 101

Learning about specific coverages of insurance helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Liability coverages

This coverage protects you from damage or injury you incur to a person or their property in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like structural damage, emergency aid, legal defense fees and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like hospital visits, funeral costs, pain medications, chiropractic care and doctor visits. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

This coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as falling objects, a tree branch falling on your vehicle, vandalism and a broken windshield. The maximum amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage will pay to fix damage to your Prius resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as driving through your garage door, hitting a mailbox and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also raise the deductible to save money on collision insurance.

UM/UIM Coverage

This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Toyota Prius.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.

A fool and his money are soon parted

We just showed you many tips how you can save on 2017 Toyota Prius insurance. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your prices. You may be surprised to find that the lowest premium rates are with a smaller regional carrier.

As you shop your coverage around, it’s very important that you do not reduce needed coverages to save money. There are a lot of situations where someone sacrificed uninsured motorist or liability limits and learned later that the savings was not a smart move. The aim is to buy enough coverage at an affordable rate.

Insureds who switch companies do it for many reasons like being labeled a high risk driver, lack of trust in their agent, policy non-renewal and delays in paying claims. No matter why you want to switch, finding a new insurance company is less work than it seems.

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