View 2001 Toyota Prius Insurance Quotes

Having to pay for pricey Toyota Prius insurance can draw down your funds and force you to tighten up your finances.

Due to the large number of insurance coverage companies to choose from, it can be impossible to pick a more affordable insurer.

Consumers should take time to do rate comparisons occasionally since prices change regularly. If you had the best quotes on Prius insurance a couple years back the chances are good that you can find a lower rate today. You can search a lot of insurance coverage online, but you can learn some excellent ideas to reduce your insurance coverage bill.

Get affordable auto insurance with discounts

Some providers don’t list every disount available very well, so here is a list some of the best known and the more hidden credits that may apply to you.

  • Good Student Discount – A discount for being a good student can save 20 to 25%. Many companies even apply the discount to college students up to age 25.
  • Bundled Policy Discount – If you can combine your auto and home policy with one company you will save approximately 10% to 15%.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.
  • Discounts for Safe Drivers – Safe drivers may receive a discount up to 45% on Prius insurance as compared to drivers with claims.
  • Claim Free – Drivers with accident-free driving histories get the best auto insurance rates as compared to insureds who have frequent claims or accidents.
  • Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to use a seat belt may be able to save a few bucks off the personal injury premium cost.
  • Paper-free Discount – Some of the larger companies give back up to $50 simply for signing on the internet.

Remember that most credits do not apply to your bottom line cost. The majority will only reduce individual premiums such as liability and collision coverage. So when it seems like having all the discounts means you get insurance for free, it’s just not the way it works.

A few popular companies and some of the premium reductions they offer can be found below.

  • Farmers Insurance has discounts for youthful driver, homeowner, early shopping, electronic funds transfer, and good student.
  • Esurance may have discounts that include renters, good student, Switch & Save, anti-lock brakes, online quote, and Pac-12 alumni.
  • State Farm may include discounts for safe vehicle, defensive driving training, accident-free, passive restraint, Drive Safe & Save, and Steer Clear safe driver discount.
  • GEICO may offer discounts for emergency military deployment, multi-vehicle, good student, military active duty, five-year accident-free, and federal employee.
  • Allstate includes discounts for early signing, defensive driver, EZ pay plan discount, farm vehicle, eSmart discount, good student, and economy car.

Before you buy a policy, ask each company or agent how you can save money. Some credits might not be offered on policies in your state.

Compare car insurance rate quotes

Most major insurance companies allow you to get coverage price quotes on the web. Doing online quotes is fairly simple as all you need to do is type in into the form. Behind the scenes, their system sends out for your credit score and driving record and provides a quote. Online quotes makes comparing rates easy, but the work required to visit many different websites and complete many quote forms is a waste of time. But it’s very important to compare as many rates as possible in order to find a lower rate.

Keep reading for an easier way to compare prices

The smarter way to lower your car insurance bill makes use of a single form that analyzes rates from several different companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online quotes much more enjoyable. After sending the form, it is quoted and you are able to buy any or none of the resulting price quotes. If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The entire process takes less than 15 minutes and you will know how your current rates stack up.

To find out how much you can save on car insurance, simply click here to open in new window and submit your coverage information. To compare your current rates, we recommend you complete the form with deductibles and limits exactly as they are listed on your policy. This makes sure you will be getting comparison quotes for exact coverage.

How car insurance companies determine Toyota Prius insurance costs

Lots of things are part of the equation when you get a price on insurance. Some of the criteria are obvious like a motor vehicle report, but others are more transparent like your continuous coverage or your financial responsibility.Consumers need to have an understanding of some of the things that are used to determine your policy premiums. When consumers understand what positively or negatively impacts your premiums, this enables informed choices that can help you get big savings.

The following are a partial list of the pieces used by your company to calculate rates.

  • Cheaper insurance rates with safer cars – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles have better occupant injury protection and fewer serious injuries translates directly to fewer claims and more competitive rates for policyholders.
  • Premiums may be higher where you live – Choosing to live in less populated areas of the country has definite advantages when talking about insurance. Fewer drivers and short commutes means fewer accidents in addition to lower liability claims Residents of big cities have congested traffic and a longer drive to work. Longer commute distances can result in more accidents.
  • How old are your drivers? – Drivers with little experience are statistically shown to be easily distracted when at the wheel of a vehicle therefore insurance rates are much higher. Adding a teen driver onto a policy can increase premiums substantially. More experienced drivers are viewed as being more responsible, file fewer claims and tend to be get fewer driving tickets.
  • How credit rating affects insurance prices – Your credit rating is likely to be a major factor in your rate calculation. So if your credit rating could use some work, you could save money insuring your 2001 Toyota Prius if you improve your credit rating. Drivers who have very high credit ratings tend to file fewer claims and have better driving records as compared to drivers with bad credit.
  • Your gender affects premiums – Over the last 30 years, statistics show that females tend to be a little less risky than males. That doesn’t necessarily mean that men are worse drivers. Both sexes are in auto accidents at a similar rate, but males get into accidents with more damage. In addition to higher claims, males also get cited for more serious violations like DWI (DUI) or reckless driving.
  • Bundle policies and save money – Many companies will award discounts for people that purchase more than one policy in the form of a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even with this discount applied, it’s still a good idea to shop around to make sure you are getting the best deal.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage, there really is no perfect coverage plan. Everyone’s needs are different so your insurance should reflect that For instance, these questions may help highlight whether or not you would benefit from professional advice.

  • Am I better off with higher deductibles on my 2001 Toyota Prius?
  • Are all vehicle passengers covered by medical payments coverage?
  • Do I need motorclub coverage?
  • Is my ex-spouse still covered by my policy?
  • Do I need added coverage for expensive stereo equipment?
  • Should I bundle my homeowners policy with my auto?
  • Are my friends covered when driving my 2001 Toyota Prius?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Slick advertising tricks that work

State Farm, Allstate and GEICO regularly use television, radio, and online ads. All the companies tend to make the same promise that you’ll save big if you get a free insurance coverage quote and switch your coverage to them. How does each company offer you a better deal? It’s all in the numbers.

Many companies quote the lowest rates for the type of customer they prefer to insure. For instance, a profitable customer may be married and over the age of 30, owns a home, and insures a new vehicle. Any new insured who matches those parameters will get the preferred car insurance rates and most likely will pay quite a bit less when switching companies.

Consumers who do not fit those standards will probably be forced to pay higher prices and this results in the customer buying from someone else. If you listen closely, the ads state “people who switch” not “everyone that quotes” save that much. That’s why companies can truthfully claim big savings. Different companies use different criteria so it’s extremely important to get as many free insurance coverage quotes as possible. It’s just not possible to know which insurance coverage company will have the lowest rates.

Auto insurance coverage breakdown

Having a good grasp of a auto insurance policy can help you determine the right coverages for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverage types available from auto insurance companies.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like hail damage, damage from flooding and damage from getting keyed. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability

This will cover damage or injury you incur to other people or property that is your fault. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, 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 limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for things such as emergency aid, funeral expenses, repair bills for other people’s vehicles and loss of income. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Auto collision coverage

Collision coverage will pay to fix damage to your Prius resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like damaging your car on a curb, colliding with another moving vehicle and scraping a guard rail. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your Toyota Prius.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as pain medications, nursing services, chiropractic care and prosthetic devices. They are often used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

More quotes mean more savings

When getting insurance coverage quotes online, it’s a bad idea to reduce coverage to reduce premium. There are too many instances where an insured dropped uninsured motorist or liability limits to discover at claim time they didn’t have enough coverage. Your goal should be to purchase plenty of coverage at the best possible price while still protecting your assets.

In this article, we covered many ideas to get a better price on 2001 Toyota Prius insurance. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers may even find the lowest prices are with the smaller companies. They can often provide lower rates in certain areas compared to the large companies like Allstate, GEICO and Progressive.

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