2017 Toyota Prius v Insurance Rates – 8 Tricks for Cheapest Quotes

Locating discount insurance may seem to be difficult for consumers new to quoting and comparing prices on the web. With such a big selection of agents and companies in the marketplace, how can you effectively compare each option to find cheaper insurance rates?

How much is car insurance?

Most major insurance companies such as Allstate, GEICO and Progressive provide prices for coverage direct online. Getting online rates is quite easy because it’s just a matter of typing in your coverage information as detailed in the form. Behind the scenes, the quote system pulls your driving record and credit report and returns a price based on the information you submitted.

Online quotes streamlines rate comparisons, but the process of having to visit several different sites and type in the same information can get tiresome after awhile. But it’s absolutely necessary to perform this step in order to get a lower rate.

There is a better way to compare rates

The easiest way to compare car insurance pricing uses just one form that gets prices from multiple companies. The form is fast, eliminates form submissions, and makes online shopping much simpler. After sending your information, it is quoted and you can choose any of the quotes that you receive. If the quotes result in lower rates, you can simply submit the application and buy the new coverage. It takes less than 15 minutes and you’ll know if lower rates are available.

To quickly find out how much you can save on car insurance, click here to open in new window and enter your information. To compare your current rates, we recommend you duplicate just like they are on your policy. Using the same limits helps guarantee you are getting a rate comparison using the exact same coverages.

Lower-cost auto insurance rates with discounts

Car insurance companies don’t list every available discount very well, so we researched both the well known and also the more inconspicuous discounts that you may qualify for. If they aren’t giving you every credit you qualify for, you could be saving more on your auto insurance.

  • More Vehicles More Savings – Having primary and secondary vehicles with the same company can reduce rates for all insured vehicles.
  • Bundled Policy Discount – When you have multiple policies with one company you may earn at least 10 to 15 percent or more.
  • Data Collection Discounts – Drivers who agree to allow driving data collection to monitor when and where they use their vehicle by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they are good drivers.
  • ABS Brakes – Cars and trucks that have steering control and anti-lock brakes are safer to drive and the ABS can save up to 10%.
  • Early Signing – A few insurance companies offer discounts for signing up before your current expiration date. This discount can save up to 10%.
  • Good Grades Discount – This discount can get you a discount of up to 25%. This discount can apply until age 25.
  • E-sign Discounts – Certain larger companies may give you up to $50 shop insurance digitally online.
  • Anti-theft System – Vehicles that have factory anti-theft systems are stolen less frequently and will save you 10% or more.

While discounts sound great, it’s important to understand that most discounts do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like comp or med pay. So even though it sounds like having all the discounts means you get insurance for free, you won’t be that lucky.

For a list of providers that offer many of these discounts, click this link.

Tailor your insurance coverage coverage to you

When choosing coverage, there really is no cookie cutter policy. Each situation is unique.

Here are some questions about coverages that can help discover if your insurance needs would benefit from professional advice.

  • Should I buy full coverage?
  • Do I benefit by insuring my home with the same company?
  • If I drive on a suspended license am I covered?
  • Is my state a no-fault state?
  • Do I need replacement cost coverage on my 2017 Toyota Prius v?
  • What is the difference between comprehensive and collision coverage?
  • Why does it cost so much to insure a teen driver?
  • Where can I find high-risk insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form.

Car insurance coverage information

Having a good grasp of your auto insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision

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

Comprehensive coverage pays for things like damage from a tornado or hurricane, falling objects and rock chips in glass. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto collision coverage

This pays for damage to your Prius v resulting from colliding 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 pays for things such as scraping a guard rail, crashing into a ditch, driving through your garage door, hitting a mailbox and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

This provides protection from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Toyota Prius v.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills like X-ray expenses, prosthetic devices, dental work, ambulance fees and nursing services. They are 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 and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Liability insurance

This coverage will cover damage that occurs to a person or their property that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims such as funeral expenses, emergency aid and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

More effort can pay off

Consumers leave their current company for a number of reasons such as policy cancellation, extreme rates for teen drivers, high prices and even delays in responding to claim requests. It doesn’t matter what your reason, finding a new company can be less work than you think.

As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice full coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage for the lowest cost, but don’t skip important coverages to save money.

More affordable auto insurance can be bought online and also from your neighborhood agents, so get free insurance quotes from both of them in order to have the best price selection to choose from. Some insurance companies may not have price quotes online and most of the time these regional insurance providers prefer to sell through independent insurance agencies.

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