Cheap 2006 Toyota Prius Insurance Rates

Scraping up a payment for overpriced Toyota Prius insurance can drain your bank account and maybe even restrict other spending. Comparison shopping is free and is an excellent way to lower your monthly bill.

Companies like Allstate, Liberty Mutual and State Farm constantly bombard you with ads and it is challenging if not impossible to ignore the propoganda and effectively compare rates to find the best deal.

If you currently have a car insurance policy, you will be able to save some money using this strategy. Buying car insurance is not that difficult. But vehicle owners can benefit by having an understanding of the way companies determine prices and take advantage of how the system works.

Quote insurance coverage online

To find more affordable rates, there are a couple of ways of comparing price quotes from local insurance coverage companies. The quickest method to find affordable Toyota Prius insurance rates consists of shopping online. This is quite simple and can be completed in several different ways.

  1. The single most time-saving way to get quotes is a comparison rater form (click to open form in new window). This style of form keeps you from doing repetitive form submissions for each company. One form gets you price quotes from many national carriers.
  2. A more difficult way to find better pricing consists of visiting the website for each individual company and complete a new quote form. For example, let’s say you want to get rates from Auto-Owners, Allstate and American Family. You would have to visit each site to enter your coverage information, which is why first method is reommended.

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

  3. The most time-consuming method to get price estimates is to spend time driving to local insurance agencies. The ability to quote online has made agencies unnecessary unless you’re the type of person who wants the professional assistance that you can only get from talking to an agent. Although you can get the lowest quotes online and have a local agent actually service the policy.

How you compare quotes is your choice, just do your best to enter the exact same coverage limits and deductibles on every quote you get. If you have different values for each quote it will be next to impossible to find the best deal for your Toyota Prius. Just a small difference in coverage limits could mean much higher rates. And when quoting insurance coverage, remember that getting more free quotes provides better odds of finding lower pricing.

Discounts can really help save money

Companies that sell car insurance do not list all available discounts in a way that’s easy to find, so the next list breaks down some of the more common and the harder-to-find savings tricks you should be using when you buy car insurance online.

  • E-sign – Some insurance companies provide a small discount for buying a policy and signing up online.
  • Theft Prevention System – Cars and trucks optioned with advanced anti-theft systems are stolen less frequently and will save you 10% or more.
  • Discount for Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of more than 20%.
  • Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper because new vehicles are generally safer.
  • Anti-lock Brake Discount – Cars and trucks with ABS braking systems or traction control are much safer to drive and earn discounts up to 10%.
  • Telematics Devices – People who choose to allow their company to spy on driving patterns by using a telematics device such as Progressive’s Snapshot may get a rate reduction if they have good driving habits.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like you could get a free car insurance policy, it doesn’t quite work that way.

Popular car insurance companies and the discounts they provide are included below.

  • State Farm offers discounts including passive restraint, multiple policy, anti-theft, multiple autos, and Drive Safe & Save.
  • Farmers Insurance may have discounts that include business and professional, electronic funds transfer, pay in full, switch companies, and youthful driver.
  • GEICO offers premium reductions for federal employee, seat belt use, driver training, air bags, and five-year accident-free.
  • American Family discounts include mySafetyValet, defensive driver, TimeAway discount, early bird, accident-free, good driver, and air bags.
  • Nationwide may include discounts for multi-policy, family plan, Farm Bureau membership, accident-free, easy pay, defensive driving, and business or organization.
  • Progressive may offer discounts for homeowner, continuous coverage, online quote discount, good student, multi-vehicle, and online signing.

When getting free car insurance quotes, it’s a good idea to each insurance company which discounts they offer. Some discounts listed above might not apply in every state. If you would like to choose from a list of insurance companies with significant discounts, click here.

Will just any policy work for me?

When it comes to buying the best auto insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether you will benefit from professional help.

  • Which is better, split liability limits or combined limits?
  • Am I covered if my car is in a flood?
  • Does my personal policy cover me when driving out-of-state?
  • Should I buy only the required minimum liability coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you’re not sure about those questions but one or more may 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, fill out this quick form or click here for a list of auto insurance companies in your area.

Information about specific coverages

Having a good grasp of a insurance policy helps when choosing the best coverages for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages available from insurance companies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses like pain medications, ambulance fees, EMT expenses and dental work. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Auto liability

Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like funeral expenses, legal defense fees, court costs, medical services and pain and suffering. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Uninsured and underinsured coverage

This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a mailbox, sustaining damage from a pot hole and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive coverages

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as rock chips in glass, hitting a deer and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Keep this in mind

You just read a lot of techniques to reduce 2006 Toyota Prius insurance car insurance rates online. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the lowest priced insurance comes from a small local company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.

As you prepare to switch companies, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced liability coverage limits to discover at claim time they didn’t have enough coverage. The proper strategy is to purchase a proper amount of coverage for the lowest cost while not skimping on critical coverages.

More affordable insurance can be purchased from both online companies in addition to local insurance agencies, and you should compare rates from both in order to have the best chance of saving money. There are still a few companies who do not provide online price quotes and usually these small, regional companies provide coverage only through local independent agencies.

To learn more, take a look at these articles:

Comments About 2006 Toyota Prius Insurance

  1. Margareta Randall

    Corporate greed I’m telling you. Located in Norfolk, Virginia. Quoted prices from State Farm, Auto-Owners, Farmers, and The General for my 2006 Toyota Prius and saved just over $150 a year. Ask about discounts. Not sure about claim service.

  2. Danica Golden

    Lots of good stuff here. I’m from Hartford, CT. Got quotes from 21st Century, Amica, and some I forget for my Prius and saved $138 a year.

  3. Ewa Manning

    Do I have to have car insurance in Tennessee?

  4. Jaquelyn Myers

    From a town just southwest of Las Cruces, NM. Quoted prices from Amica, Eastwood, and MetLife for my Prius and saved $253 a year. I even had a DUI years ago.

  5. Hiedi Garner

    From east side of Seattle, WA. I got free rates from Amica, Eastwood, and Mercury for my 2006 Toyota Prius and I think I am saving around $50 each month.

  6. Harlan Wooten

    I got a good deal I think. I live just outside Parkersburg, West Virginia. Got prices from Progressive, Encompass, and Hanover for my Prius and saved $475 a year. Left Sentry to switch. I increased coverages a little too. It’s still not cheap enough.

  7. Nathan Mcconnell

    I found pretty cheap rate quotes for a 2006 Toyota Prius in Missoula, MT. Ended up at about $310 every six months with AIG Insurance.

  8. Maren Blankenship

    Will State Farm be cheaper if I raise deductibles?