2014 Scion FR-S Insurance Rates – 9 Tips for Cheaper Quotes

Scraping up a payment for overpriced Scion FR-S insurance can dwindle your bank account, especially in this economy. Doing a price comparison is free and is an excellent way to cut your insurance bill.

Since consumers have many insurance providers from which to choose, it can be impossible to pick the cheapest insurer.

Buying the best car insurance coverage can be fairly easy. Essentially every vehicle owner who has to buy car insurance will be able to reduce their rates. Nevertheless, drivers must comprehend how the larger insurance companies price insurance differently and take advantage of how the system works.

Discounts on 2014 Scion FR-S insurance

Insurance can cost an arm and a leg, buy you may qualify for discounts that you may not know about. Some discounts apply automatically at the time you complete a quote, but less common discounts must be asked about prior to getting the savings.

  • Auto/Home Discount – If you insure your home and vehicles with the same company you may save approximately 10% to 15%.
  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt can save 10% or more on the medical payments or PIP coverage costs.
  • Student in College – Children who live away from home and do not have a car can receive lower rates.
  • Multiple Cars – Insuring all your vehicles on one policy qualifies for this discount.
  • Memberships – Affiliation with certain professional organizations may earn a discount when buying auto insurance on FR-S insurance.
  • Drivers Education – Cut your cost by having your teen driver complete a driver education course in high school.
  • Low Mileage – Keeping the miles down on your Scion can earn lower rates on the low mileage vehicles.
  • Paperwork-free – A few companies will give a small break simply for signing online.
  • Federal Employees – Simply working for the federal government can save as much as 8% on FR-S insurance with select insurance companies.

Consumers should know that most discount credits are not given the the whole policy. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any qualifying discounts will cut the amount you have to pay.

For a list of insurance companies with the best auto insurance discounts, click here.

Can you really save that much by switching?

Companies like State Farm, Allstate and Geico continually stream ads on television and other media. All the ads have a common claim that you can save after switching your policy. How can each company make almost identical claims? It’s all in the numbers.

Different companies have a preferred profile for the type of driver they prefer to insure. An example of a desirable insured might be profiled as over the age of 50, has no tickets, and has a high credit rating. Any new insured who matches those parameters will qualify for the lowest rates and most likely will save a lot of money.

Consumers who fall outside the requirements will be quoted more money which leads to the customer not buying. The ads state “customers who switch” not “everybody who quotes” save money. That is how insurance companies can make the claims of big savings.

This emphasizes why it is so important to compare as many rates as you can. It’s not possible to predict which company will have the lowest Scion FR-S insurance rates.

Tailor your coverage to you

When it comes to buying adequate coverage, there really is no “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that can help discover if your insurance needs could use an agent’s help.

  • Do I benefit by insuring my home with the same company?
  • When does my teenage driver need to be added to my policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • How high should my uninsured/underinsured coverage be in my state?
  • How high should my medical payments coverage be?
  • Is motorclub coverage worth it?
  • When would I need additional glass coverage?
  • Does insurance cover tools stolen from my truck?
  • Am I covered if I hit my neighbor’s mailbox?
  • What if I total my 2014 Scion FR-S and owe more than it’s worth?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Insurance coverage considerations

Having a good grasp of your insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverage types found on most insurance policies.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as a tree branch falling on your vehicle, rock chips in glass and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage

Collision coverage covers damage to your FR-S resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as sustaining damage from a pot hole, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2014 Scion FR-S.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Usually the UM/UIM limits are similar to your liability insurance amounts.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for expenses such as EMT expenses, funeral costs, chiropractic care and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for liability

This coverage will cover damage or injury you incur to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like court costs, repair bills for other people’s vehicles, emergency aid and funeral expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Buy online or local, you save

Discount 2014 Scion FR-S insurance can be sourced from both online companies and also from your neighborhood agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

We just showed you quite a bit of information on how to get a better price on insurance. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. Drivers may discover the lowest rates come from a company that doesn’t do a lot of advertising. They may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive and Geico.

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