2016 Toyota Prius Insurance Quotes

Are you regretting the purchase of an expensive insurance coverage policy? Say no more because many consumers feel financially strained by their insurance coverage policy.

Numerous auto insurance companies battle to insure your vehicles, and it can be difficult to compare rates and get the definite lowest cost out there.

If you have car insurance now, you will be able to save some money using these tips. Choosing the best insurance company for you is quite easy. Although vehicle owners must learn the way companies price online insurance because it can help you find the best coverage.

How you can control Toyota Prius insurance rates

Multiple criteria are used when pricing auto insurance. Some of the criteria are obvious such as your driving history, but some are not quite as obvious such as whether you are married or how financially stable you are.

The itemized list below are some of the major factors auto insurance companies consider when setting prices.

  • Be proud to be claim-free – If you file claims often, you can look forward to higher rates. Insurance companies generally give the lowest premiums to insureds who are claim-free. Your car insurance is designed for claims that pose a financial burden.
  • Youthful drivers are expensive to insure – More experienced drivers are shown to be more cautious, tend to cause fewer accidents and receive fewer citations.Teenage drivers are proven to be careless and easily distracted when at the wheel of a vehicle therefore auto insurance rates are much higher.
  • Buy a safe car and pay less – Vehicles with good safety scores cost less to insure. Safe vehicles reduce the chance of injuries and fewer injuries means less money paid by your insurance company and lower rates for you. If your Toyota Prius is rated at least four stars on Safercar.gov you may qualify for a discount.
  • High credit means lower rates – Credit history can be a huge factor in determining what you pay for auto insurance. If your credit rating is lower than you’d like, you could pay less to insure your 2016 Toyota Prius by improving your rating. Consumers who have very high credit ratings tend to file fewer claims than drivers with lower credit scores.
  • Raise comp and collision deductibles and save – The deductibles you choose are how much the insured will be required to pay in the event of a claim. Insurance for physical damage, aka comp and collision, is used to repair damage to your car. Some coverage claims could be colliding with a stationary object, fire damage, and damage caused by road hazards. The more damage repair cost the insured has to pay upfront, the better rate you will receive for Prius coverage.
  • Bundle policies with the same company – Most major companies allow lower prices to clients who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount applied, it’s always a smart idea to compare rates to guarantee you are still saving the most.There is a good possibility that you can save even more than the discount by splitting coverages up.
  • Certain vocations pay higher auto insurance rates – Jobs such as military personnel, architects and accountants are shown to have higher rates than the rest of us in part from stressful work requirements and long work hours. Conversely, jobs such as farmers, athletes and homemakers receive lower rates for Prius coverage.

Compare free car insurance rate quotes

There are a lot of ways to compare car insurance quotes, and some are more efficient than others. You can waste hours discussing policy coverages with agents in your area, or you could use the web to get rates in a matter of minutes.

Many popular insurance companies enroll in a system that allows shoppers to submit one quote, and each participating company can provide price quotes. This saves time by eliminating quote requests to each individual car insurance company. To enter your information into the quoting system, click to open in new window.

The single downside to comparing rates this way is you can’t choose the companies to get quotes from. So if you want to choose specific insurance companies to compare, we have assembled a list of car insurance companies in your area. Click here to view list.

However you get your quotes, do your best to enter identical coverage information on every price quote you get. If you are comparing unequal deductibles or liability limits you will not be able to make an equal comparison. Just a small difference in coverages can make a big difference in price. Just remember that making a lot of price comparisons will improve the odds of getting more affordable rates. Not every company provides price estimates online, so it’s important to compare quotes from them, too.

Do car insurance companies bend the truth?

Car insurance companies such as State Farm and Allstate constantly bombard you with ads on TV and radio. All the companies have a common claim that drivers can save some big amount after switching to them. How can each company offer drivers better rates? This is the trick they use.

Insurance companies quote the lowest rates for the type of driver they prefer to insure. An example of a desirable risk may need to be over the age of 40, owns their home, and drives less than 5,000 miles a year. Any person that fits those parameters receive the lowest rate quotes and most likely will save when switching.

People who don’t measure up to this stringent profile will be quoted more expensive rates and business not being written. The ad wording is “drivers that switch” but not “everyone who gets a quote” save the amount stated. That’s the way companies can state the savings. Different companies use different criteria so you absolutely need to get a wide range of price quotes. It is impossible to predict with any certainty which company will fit your personal profile best.

More discounts mean cheap premiums

Insurance is not inexpensive, but you may be missing some discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied when you get a quote, but some may not be applied and must be inquired about prior to receiving the credit.

  • Claim-Free Discount – Insureds who avoid accidents and claims can earn big discounts as opposed to drivers with a long claim history.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Active Military Service – Having a deployed family member can result in better rates.
  • Waiver for an Accident – Not a discount per se, but some companies like State Farm and GEICO allow you one accident without getting socked with a rate hike so long as you haven’t had any claims prior to the accident.
  • Telematics Discount – Insureds who allow data collection to spy on their driving habits by using a small device installed in their vehicle such as State Farm’s In-Drive could possibly reduce rates if they exhibit good driving behavior.

Consumers should know that some of the credits will not apply the the whole policy. Most cut the price of certain insurance coverages like collision or personal injury protection. If you do the math and it seems like all those discounts means the company will pay you, that’s just not realistic. Any amount of discount will bring down the amount you have to pay.

Car insurance companies that have these money-saving discounts include:

Before purchasing a policy, check with all the companies to give you their best rates. Some discounts listed above may not be offered in your area. If you would like to view providers with significant discounts, click here to view.

It’s not one size fits all

When choosing coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different so your insurance should reflect that For example, these questions may help highlight whether or not you might need professional guidance.

  • How much underlying liability do I need for an umbrella policy?
  • Will I lose any money if I cancel my policy before it expires?
  • Which companies will insure high-risk drivers?
  • Can my teen drive my company car?
  • What companies insure drivers after a DUI or DWI?
  • Which is better, split liability limits or combined limits?
  • Why do I need rental car insurance?
  • How can I get high-risk coverage after a DUI?
  • What is PIP insurance?
  • Do I have newly-aquired coverage?

If you’re not sure about those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance coverage considerations

Knowing the specifics of a car insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find the normal coverages available from car insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Comprehensive auto coverage

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, hitting a deer, vandalism and damage from flooding. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for short-term medical expenses for dental work, prosthetic devices, nursing services and hospital visits. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Collision coverage

Collision insurance pays for damage to your Prius from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like scraping a guard rail, hitting a mailbox and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Liability car insurance

Liability coverage provides protection from damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as structural damage, emergency aid, repair costs for stationary objects, funeral expenses and medical services. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

More comparisons equals lower rates

When trying to cut insurance costs, make sure you don’t sacrifice coverage to reduce premiums. Too many times, someone sacrificed liability coverage limits only to regret they didn’t have enough coverage. The aim is to buy enough coverage at an affordable rate while not skimping on critical coverages.

You just learned a lot of tips how to shop for 2016 Toyota Prius insurance online. The key concept to understand is the more companies you get premium rates for, the better likelihood of getting affordable insurance coverage. You may even discover the best price on insurance coverage is with some of the smallest insurance companies. They can often insure niche markets at a lower cost than their larger competitors like GEICO and State Farm.

The cheapest 2016 Toyota Prius insurance can be bought online in addition to many insurance agents, so you need to shop insurance coverage with both to have the best rate selection. Some insurance coverage companies do not offer the ability to get a quote online and many times these regional insurance providers sell through local independent agents.

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