Save on 2011 Toyota Prius Insurance Rates

Trying to find the cheapest insurance coverage rates? Buyers have a choice when searching for the lowest priced Toyota Prius insurance. They can either waste time struggling with agents getting price quotes or use the internet to compare rates. There are both good and bad ways to find insurance coverage online so we’re going to tell you the best way to price shop coverage on a Toyota and find the best price possible either online or from local insurance agents.

Finding the best rates is not rocket science. If you currently have a car insurance policy, you will be able to reduce your rates substantially using these tips. Drivers just need to understand the proper way to shop their coverage around on the web.

Compare Quotes for Auto Insurance

Getting better 2011 Toyota Prius auto insurance pricing can be relatively painless. All you need to do is spend a few minutes comparing rates online from several insurance companies. This can be accomplished in a couple of different ways.

1. One of the best ways to compare a lot of rates at once is a comparison rater form click here to open form in new window. This easy form eliminates the need for separate quote forms to each individual auto insurance company. A single, simple form gets you price quotes from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
2. A different way to obtain and compare quotes online is to take the time to go to each company’s website and request a quote. For sake of this example, we’ll pretend you want rates from Farmers, Progressive and American Family. To find out each rate you need to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular.

   For a handy list of car insurance company links in your area, click here.

3. The least recommended way to compare rates is driving around to and from local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you require the trained guidance only provided by licensed agents. However, consumers can price shop your coverage online but still have the advice of a local agent and you’ll learn how to do that later.

Which method you use is up to you, but ensure you’re using the exact same coverages for each price quote. If each company quotes different values for each quote you will not be able to find the best deal for your Toyota Prius.

Discounts are great for lower rates

Auto insurance companies don’t always advertise every available discount very clearly, so we took the time to find both well-publicized and also the lesser-known ways to save on auto insurance. If you’re not getting every credit possible, you are paying more than you should be.

• Pay Upfront and Save – By paying your policy upfront rather than paying monthly you can actually save on your bill.
• Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
• Driver Safety – Completing a driver safety course could possibly earn you a 5% discount if your company offers it.
• Memberships – Belonging to a civic or occupational organization could qualify you for a break on auto insurance on Prius insurance.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Most only cut individual premiums such as liability and collision coverage. So even though it sounds like all the discounts add up to a free policy, auto insurance companies aren’t that generous.

For a list of providers with the best auto insurance discounts, click here to view.

You may need specialized coverage

When buying coverage, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions can aid in determining if you may require specific advice.

• What should my uninsured motorist coverage limits be in my state?
• When do I need to add a new car to my policy?
• Do I pay less if my vehicle is kept in my garage?
• At what point should I drop full coverage?
• Why do I only qualify for high-risk insurance?
• Are all vehicle passengers covered by medical payments coverage?
• Why am I required to buy liability insurance?
• What is an SR-22 filing?
• Am I covered if I drive in a foreign country?
• How much liability do I need to cover my assets?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Auto insurance 101

Knowing the specifics of a auto insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, fire damage, damage from getting keyed and theft. The most your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto liability insurance

Liability coverage will cover damage that occurs to a person or their property. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things like pain and suffering, attorney fees, medical services, legal defense fees and repair costs for stationary objects. How much coverage you buy is your choice, but consider buying higher limits if possible.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like prosthetic devices, chiropractic care, doctor visits, hospital visits and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Uninsured and underinsured coverage

This provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Toyota Prius.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision protection

This covers damage to your Prius caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with another moving vehicle, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.