2004 Toyota Prius Insurance Quotes – 6 Policy Discounts

Searching for lower insurance coverage rates? Consumers have lots of choices when looking for the best price on Toyota Prius insurance. You can either waste hours struggling with agents to get rate comparisons or save time using the internet to get rate quotes. There is a better way to buy insurance coverage so you’re going to learn the best way to compare rates for a Toyota and locate the cheapest rates from local insurance agents and online providers.

Auto Insurance Prices

Finding cheaper 2004 Toyota Prius auto insurance prices can be surprisingly simple. The only thing you need to do is spend a few minutes on the computer comparing rate quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The best way to get quotes for comparison would be an industry-wide quote request form click to view form in new window. This type of form prevents you from having to do boring form submissions for each company you want a rate for. Filling out one form compares rates from multiple companies. It’s definitely the quickest method.

Another way to get quotes online requires a trip to each company website and fill out their own quote form. For example, let’s assume you want comparison quotes from Farmers, Liberty Mutual and Progressive. To get rate quotes you would need to go to every website and enter your policy data, which is why the first method is quicker.

For a list of links to insurance companies in your area, click here.

The most time-consuming way of getting rate comparisons is to waste gas driving to and from local insurance agencies. Shopping for auto insurance online has reduced the need for local agents unless you have a need for the professional advice that only a license agent can provide. It is possible to price shop your coverage online and still use a local agent and we’ll cover that in a bit.

It’s up to you which method you use, but double check that you are using apples-to-apples quote information for every company. If you use unequal deductibles or liability limits then you won’t be able to decipher which rate is best.

Don’t miss these six discounts

Car insurance companies don’t always advertise all available discounts in a way that’s easy to find, so we break down some of the best known as well as the least known discounts you could be receiving. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Multi-policy Discount – If you insure your home and vehicles with the same company you may save at least 10% off all policies.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more off the personal injury premium cost.
  • Federal Government Employee – Active or retired federal employment could cut as much as 10% off for Prius coverage depending on your company.
  • Discount for Life Insurance – Some companies give a break if you buy a life insurance policy as well.
  • E-sign – A handful of insurance companies may give you up to $50 for buying a policy and signing up on their website.
  • College Student – Kids in college living away from home attending college and do not have a car may be able to be covered for less.

As a disclaimer on discounts, some of the credits will not apply to the entire policy premium. Most only cut the cost of specific coverages such as comprehensive or collision. So when the math indicates you can get free auto insurance, auto insurance companies aren’t that generous.

A partial list of companies that possibly offer these benefits are:

Before buying, ask all companies you are considering which discounts you may be entitled to. Discounts may not be available in every state.

When might I need help?

When it comes to buying the right insurance coverage, there is no best way to insure your cars. Everyone’s situation is a little different.

For instance, these questions might help in determining whether or not you would benefit from an agent’s advice.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • What is high-risk coverage and where do I buy it?
  • How do I insure my teen driver?
  • How high should my medical payments coverage be?
  • Can I get a multi-policy discount?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Why am I required to buy liability insurance?
  • Am I covered if I hit a deer?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Car insurance coverages for a Toyota Prius

Having a good grasp of a insurance policy aids in choosing the best coverages and proper limits and deductibles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Liability insurance – Liability insurance provides protection from damage or injury you incur to other’s property or people in an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability insurance covers claims like bail bonds, legal defense fees, loss of income, medical expenses and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Comprehensive auto coverage – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as hail damage, a tree branch falling on your vehicle, damage from a tornado or hurricane, fire damage and hitting a bird. The maximum payout your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for things like EMT expenses, rehabilitation expenses and hospital visits. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2004 Toyota Prius.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Collision – Collision insurance pays for damage to your Prius resulting from a collision 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 hitting a parking meter, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.