Save on 2013 Toyota Prius v Insurance Quotes

Want lower auto insurance rates for your Toyota Prius v? Feel like you’re a prisoner to an overpriced auto insurance policy? Don’t sweat it because there are lots of people in the same boat. Many insurance companies compete for your insurance dollar, and it can be difficult to compare rates to discover the definitive lowest rate possible.

Ways to get insurance coverage rate quotes

Finding a better price on insurance coverage is surprisingly easy. All that’s required is to spend a few minutes on the computer comparing rate quotes to find the company with cheaper auto insurance quotes. Insurance prices can be quoted in just a few minutes using one of these methods.

  1. The most recommended method to get quotes would be an industry-wide quote request form like this one (opens in new window). This method saves time by eliminating separate quotes to each individual insurance coverage company. A single, simple form gets coverage cost estimates from multiple companies.
  2. A more time consuming way to find better pricing is to manually visit the website for every company you want to comare and fill out a new quote form. For sake of this example, let’s assume you want rates from Auto-Owners, GEICO and Farmers. In order to get each rate, you would have to go to every website to enter the same coverage data repeatedly, which can be really labor intensive. For a list of links to insurance companies in your area, click here.
  3. The most time-consuming method of comparing rate quotes is actually driving to insurance agents’ offices. Buying insurance online can eliminate the need for a local agent unless your situation requires the guidance that you can only get from talking to an agent. Although you can compare online quotes and have a local agent actually service the policy.

However you get your quotes, make sure you compare apples-to-apples coverage limits and deductibles for each comparison quote. If your comparisons have higher or lower deductibles you will not be able to make a fair comparison for your Toyota Prius v.

Reduce insurance rates with these tips

Lots of factors are considered when you quote your car insurance policy. Most are fairly basic like your driving record, although others are less apparent like where you live or your financial responsibility.Smart consumers have a good feel for some of the things that are used to determine the level of your policy premiums. If you know what impacts premium levels, this enables informed choices that may reward you with much lower annual insurance costs.

The itemized list below are a few of the things utilized by car insurance companies to help set rates.

  • Lower comp and collision deductibles cost more – Your deductibles represent how much money you are required to pay if a claim is determined to be covered. Insurance for physical damage to your car, aka comp and collision, is used to repair damage to your car. Some coverage claims are rearending another vehicle, hail damage, or theft of your vehicle. The larger the amount you pay before a claim is paid (deductible), the less money you will pay for auto insurance for Prius v insurance.
  • Men tend to take more risk – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. The data does not necessarily mean that men are worse drivers. Men and women cause at-fault accidents in similar percentages, but guys cause more damage. They also have more aggressive citations such as reckless driving.
  • Big cities mean more claims – Residing in small towns and rural areas may provide you with better prices when trying to find low car insurance rates. Urban drivers have more auto accidents and longer commutes to work. Fewer drivers on the road translates into fewer accident claims and lower theft and vandalism rates.
  • Alarms and GPS tracking lowers premiums – Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop car theft.
  • Insure your auto and home with one company – Most major insurers will award a discount to policyholders who carry more than one policy, otherwise known as a multi-policy discount. Discounts can amount to 10 percent or more. Even with this discount, it’s in your best interest to compare other company rates to make sure you are getting the best deal. You may still save even more even if you have your coverage with different companies
  • Add-on coverages are wasting money – There are a lot of extra bells and whistles that you can buy if you aren’t careful. Insurance for things like rental car reimbursement, high-cost glass coverage, and extra equipment coverage are examples of these. You may think they are a good idea initially, but now you might not need them so think about removing them and cutting costs.
  • Safer occupants lowers rates – Vehicles with high crash test scores are cheaper to insure. Vehicles engineered for safety reduce the chance of injuries and reduced instances of injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders.

Save a ton with these auto insurance discounts

Companies offering auto insurance don’t always publicize all available discounts very clearly, so here is a list some of the more common and also the more inconspicuous discounts you could be receiving when you buy auto insurance online.

  • ABS Brakes – Cars with ABS braking systems or traction control can avoid accidents and therefore earn up to a 10% discount.
  • Auto/Home Discount – If you have multiple policies with one insurance company you may earn at least 10% off all policies.
  • Multi-car Discount – Drivers who insure multiple vehicles on a single policy can reduce rates for all insured vehicles.
  • Own a Home – Just owning your own home can get you a discount because it shows financial diligence.
  • Online Discount – A few larger online companies will give you a small discount for buying your policy on your computer.
  • Discount for Swiching Early – A few companies offer discounts for signing up early. This can save 10% or more.

Remember that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to individual premiums such as collision or personal injury protection. So even though you would think you can get free auto insurance, companies don’t profit that way. But all discounts will cut the amount you have to pay.

A few popular companies and some of the discounts are shown below.

  • State Farm offers discounts for defensive driving training, good driver, accident-free, passive restraint, and Drive Safe & Save.
  • GEICO has discounts for multi-vehicle, federal employee, anti-theft, seat belt use, and daytime running lights.
  • Progressive may include discounts for continuous coverage, online quote discount, online signing, homeowner, multi-vehicle, and good student.
  • 21st Century includes discounts for theft prevention, good student, teen driver, student driver, air bags, 55 and older, and anti-lock brakes.
  • American Family policyholders can earn discounts including accident-free, defensive driver, air bags, Steer into Savings, TimeAway discount, and good driver.
  • The Hartford may offer discounts for defensive driver, anti-theft, air bag, bundle, and vehicle fuel type.
  • AAA may have discounts that include good student, AAA membership discount, good driver, anti-theft, education and occupation, and multi-policy.

If you need lower rates, check with each company or agent to apply every possible discount. Some of the discounts discussed earlier may not be offered everywhere.

Auto insurance can get complicated

When choosing the best auto insurance coverage, there really is no “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. For instance, these questions could help you determine if you would benefit from an agent’s advice.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can my teen driver be rated on a liability-only vehicle?
  • If my pet gets injured in an accident are they covered?
  • What is the ISO rating for a 2013 Toyota Prius v?
  • Are rock chip repairs covered?
  • What can I do if my company denied a claim?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

What insurance coverages do you need?

Learning about specific coverages of your insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most insurance policies.

Comprehensive auto coverage

Comprehensive insurance coverage pays to fix your vehicle from 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 claims like fire damage, rock chips in glass, hail damage and hitting a deer. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability insurance

This protects you from injuries or damage you cause to other people or property. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as pain and suffering, legal defense fees, court costs, loss of income and bail bonds. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses like nursing services, funeral costs, EMT expenses and dental work. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Coverage for collisions

This coverage pays for damage to your Prius v from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with another moving vehicle, hitting a parking meter, hitting a mailbox and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages are identical to your policy’s liability coverage.

Be Smart and Buy Smart

Budget-friendly car insurance can be found on the web and from local agencies, so you should compare both in order to have the best chance of saving money. A few companies may not offer price quotes online and usually these smaller providers provide coverage only through local independent agencies.

While you’re price shopping online, don’t be tempted to reduce needed coverages to save money. In too many instances, someone dropped physical damage coverage only to find out that it was a big mistake. Your aim should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

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