Vehicles > Scion > iQ

Scion IQ Insurance Rates

Buying auto insurance through online rate quotes saves time, is easy to do and there is a good chance you may find lower rates. The key to finding lower rates is to take the time to get rates from all providers in order to accurately compare all your choices.

Shopping online for auto insurance can be a challenge if you are a beginner to online quotes. But relax because we're going to show you how. Getting cheaper insurance rates can be surprisingly simple. The only requirement is to invest a few minutes to compare quotes online from several insurance companies. This can be accomplished by getting a quick quote here.

Insurance premiums paid to insure a Scion iQ can vary widely and are calculated by many factors. Some of these factors include:

  • Tickets increase premiums
  • Credit rating
  • Where you live
  • Annual mileage can affect rates
  • Male rates may be higher
  • The deductible you choose
  • Safety rating of your iQ
  • Whether or not you have claims
  • Having current coverage saves
  • Whether you own your home

One important consideration that helps determine your rates is the age of the vehicle. Models that are new cost more compared to older Scion models so the costs to repair can inflate annual premiums. On the flip side, newer vehicles have more advanced features like autonomous braking, an advanced theft deterrent system, a telematics system, and adaptive headlights which can help offset higher rates.

For you to have a better understanding of how rates are influenced for your specific model year, select the year of your vehicle below.

Auto liability

This can cover damage that occurs to a person or their property in an accident. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so buy higher limits if possible.

Auto collision coverage

Collision insurance covers damage to your Scion from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper iQ insurance rates.

Comprehensive auto coverage

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay. The maximum payout you'll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Since many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for short-term medical expenses like nursing services, prosthetic devices, and dental work. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. PIP coverage is not an option in every state and may carry a deductible.

How Much are Scion iQ Insurance Rates?