Lower Your 2002 Toyota Prius Car Insurance Quotes

Searching for the cheapest car insurance rates for your Toyota Prius? Paying cheap rates for car insurance may be hard for drivers who are beginners to comparison shopping online. People have so many different companies and agents to choose from that it can quickly become a difficult situation to find cheaper prices.

It’s smart to do price comparisons occasionally since prices are variable and change quite frequently. Just because you had the lowest price on Prius insurance two years ago other companies may now be cheaper. Ignore everything you know about car insurance because we’re going to show you the only way to properly buy coverages and cut your premium.

Finding insurance

When shopping for the cheapest auto insurance quotes, there are a couple of ways of comparing price quotes from different insurance companies. The fastest way to find competitive 2002 Toyota Prius insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The first (and easiest) way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This easy form saves time by eliminating multiple quote forms for each company you want a rate for. Filling out one form will return price quotes from all major companies. It’s the fastest way to compare.
  2. A different way to analyze rates requires a trip to the website for every company you want to comare and get a separate price quote. For examples sake, let’s assume you want to compare prices for Farmers, GEICO and Allstate. You would be required to go to every website to enter your coverage information, which explains why we recommend starting with the first method. For a list of companies in your area, click here.

Compare rates however you want, just ensure you are comparing the exact same coverages on every price quote you get. If you are comparing different deductibles then you won’t be able to make a fair rate comparison. Slightly different coverages can mean a large discrepancy in price. Just remember that quoting more helps locate lower pricing. Not every company allows you to get price estimates online, so it’s important to also get quotes from those companies as well.

Car insurance discounts help cut rates

Some insurance providers do not advertise every discount in an easy-to-find place, so the list below details both the well known and also the more inconspicuous discounts that you may qualify for.

  • Discount for Passive Restraints – Cars that have air bags or motorized seat belts may get savings of up to 25% or more.
  • Early Payment Discounts – If paying your policy premium upfront instead of paying each month you could save 5% or more.
  • College Student – College-age children who live away from home to go to college without a vehicle on campus could get you a discount.
  • Policy Bundle Discount – If you can bundle your home and auto insurance with one insurance company you could save up to 20% off your total premium.
  • Switch and Save Discount – Some companies provide a discount for switching companies prior to your current policy expiration. The savings is around 10%.
  • Discounts for Multiple Vehicles – Buying insurance for several vehicles on one policy can reduce the rates for all insured vehicles.

Policy discounts save money, but most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the cost of specific coverages such as comprehensive or collision. So even though it sounds like you could get a free car insurance policy, you aren’t that lucky. Any amount of discount will definitely reduce your overall bill.

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

  • GEICO may have discounts that include daytime running lights, emergency military deployment, good student, federal employee, membership and employees, defensive driver, and anti-lock brakes.
  • Auto-Owners Insurance has discounts for student away at school, mature driver, air bags, safe vehicle, and paperless.
  • American Family includes discounts for multi-vehicle, air bags, good driver, good student, mySafetyValet, and defensive driver.
  • Esurance discounts include multi-policy, DriveSense, anti-lock brakes, online shopper, multi-car, emergency road assistance, and anti-theft.
  • Progressive may offer discounts for multi-policy, homeowner, online quote discount, online signing, good student, and multi-vehicle.
  • State Farm may include discounts for multiple policy, defensive driving training, good driver, passive restraint, multiple autos, and good student.
  • AAA offers discounts for anti-theft, education and occupation, good student, multi-policy, pay-in-full, and good driver.

Double check with each insurance company which credits you are entitled to. Some discounts listed above may not be available in your area.

Which is the best insurance coverage?

When buying the best insurance coverage coverage, there is no one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight if you could use an agent’s help.

  • Who is covered by my policy?
  • Are rental cars covered under my policy?
  • Do all my vehicles need collision coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • Is my dog or cat covered if injured in an accident?
  • Which companies will insure high-risk drivers?
  • Am I covered if hit by an uninsured driver?
  • Does my insurance cover my expensive audio equipment?

If you’re not sure about those questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Specific coverages for a Toyota Prius

Knowing the specifics of your insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as theft, fire damage, damage from flooding and hail damage. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for expenses for things like EMT expenses, dental work, X-ray expenses and hospital visits. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Toyota Prius.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Coverage for collisions

Collision insurance covers damage to your Prius caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like backing into a parked car, colliding with a tree and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Liability coverages

This can cover damage that occurs to people or other property. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims like legal defense fees, repair bills for other people’s vehicles, pain and suffering and medical services. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

A fool and his money are soon parted

Throughout this article, we presented a lot of techniques to reduce 2002 Toyota Prius insurance premium rates online. The key thing to remember is the more companies you get prices for, the more likely it is that you will get a better rate. You may even find the most savings is with some of the smallest insurance companies.

Consumers switch companies for many reasons like extreme rates for teen drivers, lack of trust in their agent, questionable increases in premium or even delays in responding to claim requests. Regardless of your reason for switching companies, finding a new company is not as difficult as it may seem.

Discount 2002 Toyota Prius insurance can be purchased on the web and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some car insurance companies don’t offer online quoting and these smaller providers work with local independent agencies.

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