Save on 2013 Toyota Prius Car Insurance Rates

Having to pay for overpriced Toyota Prius insurance can take a big chunk out of your bank account and force you to prioritize other expenses. Shopping your coverage around is free, only takes a few minutes, and is a good way to help make ends meet. Because there are so many choices, it is very difficult to find the cheapest provider.

It’s important to shop coverage around yearly because prices are constantly changing. Even if you think you had the lowest rates on Prius insurance two years ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about auto insurance online but by reading this article, you’re going to learn the best ways to slash your auto insurance rates.

Comprehensive Auto Insurance Comparison

Getting better 2013 Toyota Prius auto insurance pricing is surprisingly easy. Just spend a little time getting comparison quotes from different insurance companies. It is quite easy and can be accomplished in several different ways.

The most efficient way to get quotes is an all-inclusive rate comparison click here to open form in new window. This easy form saves time by eliminating repetitive form submissions for each company you want a rate for. A single, simple form will get you rate comparisons from all major companies.

Another way to get quotes online requires a visit to each company website and complete a new quote form. For examples sake, let’s assume you want comparison quotes from Farmers, Liberty Mutual and Geico. You would have to visit each site to enter your coverage information, which is why most consumers use the first method.

To view a list of companies in your area, click here.

Which method you use is up to you, but make darn sure you compare identical quote information with every price quote. If you compare different values for each quote it will be very difficult to truly determine the lowest rate.

Don’t pay full price with these discounts

Companies do not advertise all their discounts in a way that’s easy to find, so the following is a list of both the well known and also the lesser-known insurance coverage savings. If you aren’t receiving every discount available, you are paying more than you should be.

  • Paperwork-free – A few companies give back up to $50 simply for signing over the internet.
  • Accident Forgiveness – Some insurance companies will allow you to have one accident without raising rates if you are claim-free prior to the accident.
  • Own a Home – Owning a home can save you money because of the fact that having a home requires personal responsibility.
  • Multiple Vehicles – Buying insurance for multiple vehicles on the same insurance coverage policy could earn a price break for each car.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts could save 15% off your PIP or medical payments premium.
  • Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less on Prius insurance than their less cautious counterparts.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Senior Citizens – Older drivers may receive a discount up to 10% on Prius insurance.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.

Consumers should know that most discount credits are not given to all coverage premiums. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, insurance coverage companies aren’t that generous.

To see a list of companies with discount insurance coverage rates, click this link.

Complexity of Toyota Prius insurance rates

An important part of buying insurance is that you know the factors that go into determining the rates you pay for insurance coverage. When you know what positively or negatively controls the rates you pay enables informed choices that could result in better insurance coverage rates.

  • Never let your coverage lapse – Allowing your insurance coverage policy to lapse is a guaranteed way to increase your insurance coverage rates. And not only will your rates increase, but not being able to provide proof of insurance will get you a steep fine or even jail time.
  • Protect yourself with liability coverage – Liability coverage is the coverage that protects you if you are found liable for personal injury or accident damage. Liability provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • High deductibles save money – Physical damage deductibles represent how much money you are willing to pay before your insurance coverage pays a claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply are colliding with a building, collision with an animal, and rolling your vehicle. The more money you are required to pay out-of-pocket, the less your company will charge you for insurance on Prius insurance.
  • Your spouse saves you money – Having a spouse actually saves money when buying insurance coverage. Having a significant other is viewed as being more mature than a single person it has been statistically shown that married couples file fewer claims.

Your personal situation dictates your coverage

When choosing the best auto insurance coverage, there really is not a one size fits all plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions might point out whether or not you could use an agent’s help.

  • Are my friends covered when driving my car?
  • What can I do if my company won’t pay a claim?
  • Do all my vehicles need collision coverage?
  • Should I rate my 2013 Toyota Prius as pleasure use or commute?
  • Why am I required to buy liability insurance?
  • Can I afford low physical damage deductibles?
  • Is my custom paint covered by insurance?
  • Do I need PIP coverage since I have good health insurance?
  • When do I need to add a new car to my policy?
  • Is upholstery damage covered by car insurance?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Save 15 percent in 15 minutes? Is it for real?

Consumers can’t ignore all the ads for the lowest price auto insurance by Geico, State Farm and Progressive. All the companies say the same thing that you can save if you move to their company.

But how can every company make almost identical claims?

Different companies are able to cherry pick for the driver that makes them money. For example, a driver they prefer could be between the ages of 30 and 50, insures multiple vehicles, and has great credit. A customer getting a price quote who fits that profile will get the preferred rates and most likely will save quite a bit of money when switching.

Potential insureds who fall outside this ideal profile must pay more money and this can result in the customer not buying. The ads say “drivers who switch” not “everyone that quotes” save that much. That’s why companies can claim big savings. This illustrates why you absolutely need to compare many company’s rates. It’s impossible to know which insurance companies will provide you with the cheapest Toyota Prius insurance rates.

Detailed coverages of your insurance policy

Knowing the specifics of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. These are typical coverages found on most insurance policies.

Uninsured and underinsured coverage – This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Toyota Prius.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverages – This 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 can pay for claims like fire damage, hail damage, damage from getting keyed, falling objects and hitting a deer. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverages – Collision insurance pays for damage to your Prius resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as damaging your car on a curb, backing into a parked car, rolling your car, driving through your garage door and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to save money on collision insurance.

Liability coverages – This provides protection from damage that occurs to other people or property. It protects YOU from legal claims by others, and doesn’t cover 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. Your policy might show liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things like court costs, emergency aid, bail bonds and attorney fees. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like funeral costs, chiropractic care, pain medications, rehabilitation expenses and nursing services. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Saving money makes a lot of cents

In this article, we covered some good ideas how you can reduce 2013 Toyota Prius insurance prices online. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. You may even discover the lowest priced auto insurance comes from a smaller regional carrier. Smaller companies may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.

When trying to cut insurance costs, never sacrifice coverage to reduce premiums. Too many times, an insured dropped physical damage coverage only to find out they didn’t purchase enough coverage. The ultimate goal is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Discount insurance is definitely available online and also from your neighborhood agents, so you should compare both to get a complete price analysis. Some insurance companies may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

More detailed auto insurance information can be found by following these links: