View 2014 Toyota Prius Car Insurance Cost

Finding cheaper auto insurance can be challenging for drivers who are beginners to online price comparisons. Drivers have so many different companies and agents to choose from that it can turn into a chore to locate the lowest price.

Ways to get auto insurance quotes

Most of the larger companies give price estimates direct online. Getting online quotes is easy for anyone as you just type in your coverage information as detailed in the form. When the form is submitted, the system pulls reports for credit and driving violations and returns pricing information based on these and other factors.

This makes it a lot easier to compare rates but the work required to visit many different websites and complete many quote forms gets old quite quickly. But it’s necessary to compare as many rates as possible if you want to find the best price possible.

A quicker way to get multiple rate quotes utilizes a single form that gets prices from several different companies. It’s a real time-saver, reduces the work, and makes rate comparisons much easier to do. As soon as you send your information, it gets priced and you can choose any or none of the resulting price quotes.

If a lower price is quoted, you can click and sign and purchase coverage. This process can be completed in a matter of minutes and you will know how your current rates stack up.

To use this form to compare rates, click here to open in a new tab and complete the simple form. If you have coverage now, it’s recommended you enter deductibles and limits just like they are on your policy. This ensures you will receive rate quotes based on similar coverages.

Don’t listen to company ads

Companies like State Farm and Allstate seem to constantly run ads on TV and radio. All the companies tend to make the same promise about savings if you just switch your coverage to them. How is it possible that every company can charge less that you’re paying now? This is how they do it.

Different companies have specific characteristics for the type of driver that will add to their bottom line. For example, a desirable insured could possibly be a married female, owns their home, and drives a lower-performance vehicle. Any person who fits that profile gets the lowest rates and therefore will save if they switch.

Potential customers who do not fit those standards will have to pay higher premium rates and ends up with business going elsewhere. The trick is to say “customers who switch” not “everyone that quotes” save that kind of money. This is how companies can truthfully make those statements.

Different companies use different criteria so you really need to quote coverage with many companies. It is just not possible to predict which car insurance company will have the lowest rates for your situation.

Insurance rates and discounts

Insurance is not cheap nor is it fun to buy but you may qualify for discounts that can drop the cost substantially. Certain credits will be shown when you quote, but some may not be applied and must be asked for before they will apply.

  • Student Driver Training – Teen drivers should complete a driver education course as it can save substantially.
  • Data Collection Discounts – Drivers who agree to allow their insurance company to analyze driving habits by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could possibly reduce rates if their driving habits are good.
  • Paper-free Discount – A handful of insurance companies will give a small break for buying your policy on your computer.
  • Save with More Vehicles Insured – Drivers who insure multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
  • New Vehicle Savings – Buying insurance coverage on a new vehicle can save up to 30% because newer vehicles are generally safer.

One thing to note about discounts is that some credits don’t apply to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

A few popular companies and their possible discounts can be found below.

  • Mercury Insurance may have discounts that include ease of repair, anti-theft, annual mileage, multi-policy, and multi-car.
  • Farmers Insurance may offer discounts for mature driver, business and professional, multi-car, youthful driver, and bundle discounts.
  • Farm Bureau offers premium reductions for renewal discount, multi-vehicle, multi-policy, driver training, and youthful driver.
  • State Farm may include discounts for anti-theft, Drive Safe & Save, accident-free, passive restraint, and multiple policy.
  • Allstate discounts include good payer, teenSMART discount, new car, premier plus, and EZ pay plan discount.
  • GEICO offers discounts for anti-theft, defensive driver, five-year accident-free, good student, and multi-policy.

When quoting, ask every insurance company which discounts they offer. Some of the earlier mentioned discounts might not apply everywhere. To view insurance companies that can offer you the previously mentioned discounts, click here to view.

Situations that may require an agent’s advice

When choosing the right insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining whether or not you might need an agent’s assistance.

  • Am I getting all the discounts available?
  • Do I need an umbrella policy?
  • Am I covered when using my vehicle for business?
  • Am I covered by my spouse’s policy after a separation?
  • Does insurance cover damages from a DUI accident?
  • Do I get a pro-rated refund if I cancel my policy early?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Coverages available on your car insurance policy

Understanding the coverages of your car insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for expenses for things like dental work, rehabilitation expenses, X-ray expenses, funeral costs and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your Toyota Prius.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Frequently these coverages are identical to your policy’s liability coverage.

Liability – Liability insurance protects you from damage that occurs to a person or their property by causing an accident. It 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 liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like pain and suffering, legal defense fees, funeral expenses, court costs and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Collision coverages – Collision coverage pays for damage to your Prius from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like hitting a parking meter, rolling your car, hitting a mailbox, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance – This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, a broken windshield and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Spend less. Save more.

We just presented a lot of tips how to shop for 2014 Toyota Prius insurance online. It’s most important to understand that the more providers you compare, the better your chances of lowering your premium rates. You may even discover the lowest auto insurance rates come from an unexpected company.

People leave their current company for a number of reasons such as poor customer service, denial of a claim, unfair underwriting practices and even extreme rates for teen drivers. Regardless of your reason, choosing a new company is less work than it seems.

As you shop your coverage around, it’s very important that you do not reduce coverage to reduce premium. There are a lot of situations where an accident victim reduced liability coverage limits to discover at claim time that it was a big error on their part. Your objective should be to find the BEST coverage at the best price while not skimping on critical coverages.

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