2002 Toyota Prius Insurance Rates

Trying to find cheaper insurance for a Toyota Prius can turn out to be a lot of work, but you can follow these tips and make it easy.

There is a right way and a wrong way to buy auto insurance and you need to know the absolute fastest way to quote coverages for a Toyota and get the lowest price.

The quickest way to compare rate quotes takes advantage of the fact most larger insurance companies participate in online systems to give you rate quotes. The one thing you need to do is provide information like types of safety features, whether your vehicle is owned or leased, the make and model of your vehicles, and whether you are single or married. That rating data is automatically sent to multiple companies and they provide comparison quotes instantly to find the best rate.

Discounts can really help to save

Some companies don’t always advertise every disount available in a way that’s easy to find, so we took the time to find both the well known and also the lesser-known credits that may apply to you.

  • Passenger Safety Discount – Vehicles equipped with air bags may earn rate discounts of 20% or more.
  • Low Mileage – Keeping the miles down on your Toyota could earn cheaper insurancerates.
  • Homeowners Discount – Owning your own home or condo may trigger a policy discount on insurance because of the fact that having a home requires personal responsibility.
  • Include Life Insurance and Save – Larger insurance carriers have a discount if you purchase a life insurance policy as well.
  • Pay Upfront and Save – By making one initial payment rather than paying monthly you can actually save on your bill.
  • New Vehicle Savings – Adding a new car to your policy can get you a discount because newer vehicles are generally safer.
  • One Accident Forgiven – Not necessarily a discount, but a handful of insurance companies may permit one accident before hitting you with a surcharge with the catch being you have to be claim-free for a certain period of time.

Discounts lower rates, but most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, companies wouldn’t make money that way.

A few popular companies and the discounts they provide are outlined below.

  • Travelers may offer discounts for multi-policy, payment discounts, continuous insurance, early quote, good student, and home ownership.
  • 21st Century may have discounts that include defensive driver, driver training, early bird, homeowners, theft prevention, anti-lock brakes, and student driver.
  • State Farm has discounts for multiple policy, student away at school, Steer Clear safe driver discount, defensive driving training, multiple autos, and driver’s education.
  • GEICO includes discounts for emergency military deployment, federal employee, multi-policy, driver training, seat belt use, and multi-vehicle.
  • SAFECO discounts include anti-theft, homeowner, safe driver, drive less, accident prevention training, and multi-car.
  • AAA policyholders can earn discounts including multi-car, good driver, pay-in-full, AAA membership discount, anti-theft, and good student.

When getting a coverage quote, ask every company how many discounts you can get. Some of the discounts discussed earlier may not apply to policyholders in your area. To choose insurance companies that offer discounts, click here to view.

Will just any policy work for me?

When it comes to choosing coverage, there really is not a perfect coverage plan. Everyone’s situation is a little different.

For instance, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

  • Is a fancy paint job covered?
  • Is business property covered if stolen from my car?
  • Should I bundle my homeowners policy with my auto?
  • Who is covered when they drive my 2002 Toyota Prius?
  • Does car insurance cover theft of personal property?
  • Do I need motorclub coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I need special endorsements for business use of my vehicle?
  • Am I covered if I hit my neighbor’s mailbox?
  • What should my uninsured motorist coverage limits be in my state?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, simply complete this short form. It is quick, free and can help protect your family.

Car insurance coverages explained

Knowing the specifics of your car insurance policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Auto collision coverage

This coverage pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a mailbox, sustaining damage from a pot hole, sideswiping another vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2002 Toyota Prius.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Liability car insurance

Liability insurance can cover damages or injuries you inflict on other’s property or people. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like emergency aid, medical expenses, funeral expenses and bail bonds. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like doctor visits, EMT expenses and funeral costs. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Comprehensive coverages

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, fire damage, a broken windshield, hail damage and rock chips in glass. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Comments About 2002 Toyota Prius Insurance

  1. Pandora Evans

    I got quite a few price quotes for a 2002 Toyota Prius in Gulfport, Mississippi. Ended up at roughly $90 every six months with AIG Insurance. It’s easy to compare rates online now. I don’t have comp or collision coverage.

  2. Shawanda Guzman

    All companies are crooks. Lifelong resident of Mobile, AL. Got car insurance quotes from The General, AAA, Nationwide, and a couple others for my Toyota and saved $84 a year. It never hurts to quote around.

  3. Porsha Howard

    Any 21st Century or Encompass customers near Bellevue, Nebraska?

  4. Riley Love

    I got decent rates for a 2002 Toyota Prius in Columbia, South Carolina. Ended up at right around $100 every six months with Amica. Insured with Hartford before. It was easy to get rates.

  5. Delphia Blake

    FYI in Parkersburg, WV try Allstate. I got a good deal.

  6. Curt Bernard

    Allstate quoted the best rates in Ohio.

  7. Herminia Nash

    If you have a clean record and live near San Antonio, TX, check out 21st Century. I saved quite a bit. Not sure about claim service. Full coverage costs too much.

  8. Breanna Bernard

    Hope my car insurance gets cheaper. Proud to be from Eugene, Oregon. I quoted with Travelers, AIG Insurance, GMAC, and Safeco for my Toyota and saved $93 a year. Insured with Western Auto Insurance before. I just quoted rates online. Just liability coverage since it’s getting old.

  9. Augusta Page

    I’m in the west part of Rio Rancho, New Mexico. Got car insurance prices from Amica, Mercury, and a few others for my Prius and am saving around $110 a year. Even increased coverage a bit. I used their website to get prices. I dropped full coverage awhile back.

  10. Ricki Booker

    Great site. I’m just south of Augusta, GA. Received quotes with Hanover, Auto-Owners, Nationwide, and a couple others for my Prius and I’m now saving $12 a month. It’s still not cheap enough.

  11. Jenell Shaffer

    I live in a small town just outside of Evansville, IN. I got free prices from GEICO, Farmers, and GMAC for my 2002 Toyota Prius and I think I saved about $10 each month. Anyone else drop full coverage?