How Much Does 2007 Toyota Prius Car Insurance Cost?

Looking for lower insurance coverage rates for your Toyota Prius? Do you think you bought high-priced insurance coverage? Don’t feel bad because you’re not alone. You have multiple auto insurance companies to choose from, and though it is a good thing to have a choice, more options can take longer to find the best rates for your vehicles.

It is always a good idea to compare rates at least once a year because insurance coverage prices are rarely the same from one policy term to another. Even if you think you had the best deal for Prius insurance on your last policy there may be better deals available now. Block out anything you think you know about insurance coverage because you’re about to find out the best methods to get good coverage at a lower rate.

Low cost insurance coverage price quotes

Finding cheaper insurance coverage quotes is not a difficult process. All you need to do is take a couple of minutes comparing rate quotes to discover which company has low cost auto insurance quotes. It’s super easy and can be done in just a few minutes using one of these methods.

Without a doubt, the easiest way to get quotes for comparison would be an industry-wide quote request form click to view form in new window. This method eliminates the need for boring form submissions for every company. One form submission gets insurance cost estimates from all major companies.

A less efficient way to shop for insurance coverage online consists of visiting each individual company website to complete their respective quote request forms. For instance, we’ll assume you want to get rates from Nationwide, State Farm and Progressive. To get each rate you have to take the time to go to each site and enter your information, which can take a lot of time. For a list of companies in your area, click here.

Compare rates however you want, just be sure to compare equivalent coverage limits with each company. If you have higher or lower deductibles you will not be able to determine which company has the best rates.

Insurance coverage discounts are available to reduce your rates

Auto insurance companies do not list all possible discounts in an easy-to-find place, so we took the time to find both the well known and the more hidden discounts you could be receiving when you buy auto insurance online. If you do not double check each discount you qualify for, you could be getting lower rates.

  • Driver Safety – Taking a course that instructs on driving safety could save 5% or more if you qualify.
  • Switch and Save Discount – A few larger companies give discounts for signing up before your current expiration date. This can save 10% or more.
  • Paperless Signup – Some insurance companies provide a small discount get auto insurance on the internet.
  • More Vehicles More Savings – Purchasing coverage when you have more than one vehicle on one policy can get a discount for every vehicle.
  • Seat Belts Save – Requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • Student Discounts – Performing well in school can get you a discount of up to 25%. The good student discount can last well after school through age 25.

A quick disclaimer, some credits don’t apply to all coverage premiums. Most cut the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will help lower the cost of your policy.

Larger insurance coverage companies and some of the premium reductions they offer are shown below.

  • GEICO discounts include five-year accident-free, multi-policy, federal employee, multi-vehicle, and defensive driver.
  • Travelers has discounts for driver training, multi-car, new car, continuous insurance, and save driver.
  • Nationwide has savings for business or organization, defensive driving, Farm Bureau membership, easy pay, and good student.
  • Farmers Insurance offers discounts for multi-car, good student, youthful driver, switch companies, early shopping, and business and professional.
  • Esurance offers discounts including paid-in-full, good student, online shopper, multi-policy, and emergency road assistance.
  • State Farm may have discounts that include multiple policy, good student, Drive Safe & Save, student away at school, good driver, safe vehicle, and accident-free.
  • Progressive may include discounts for multi-policy, continuous coverage, online quote discount, multi-vehicle, homeowner, and online signing.
  • Mercury Insurance may offer discounts for low natural disaster claims, anti-theft, professional/association, good student, and age of vehicle.

When getting free auto insurance quotes, it’s a good idea to every prospective company which discounts can lower your rates. Some of the discounts discussed earlier might not be offered on policies in your state. To find insurance companies who offer discounts, click this link.

Everyone needs different auto insurance coverages

When buying the right insurance coverage, there really is not a single plan that fits everyone. Each situation is unique and your policy should reflect that. For instance, these questions may help you determine if your insurance needs will benefit from professional help.

  • What is the minimum liability in my state?
  • What is the difference between comprehensive and collision coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does insurance cover damages from a DUI accident?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered if I hit a deer?
  • Does my policy pay for OEM or aftermarket parts?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Insurance coverage considerations

Knowing the specifics of insurance aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are the normal coverages found on the average insurance policy.

UM/UIM Coverage – This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Toyota Prius.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits are set the same as your liablity limits.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from getting keyed, hitting a bird, vandalism, hitting a deer and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as chiropractic care, hospital visits, ambulance fees and surgery. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Collision – This coverage will pay to fix damage to your Prius resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sideswiping another vehicle, colliding with a tree, damaging your car on a curb, colliding with another moving vehicle and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Liability coverages – Liability insurance will cover injuries or damage you cause to other’s property or people. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims like loss of income, pain and suffering, court costs, repair costs for stationary objects and emergency aid. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Comments About 2007 Toyota Prius Insurance

  1. Mason Patton

    Cheapest quote for my 2007 Toyota Prius was with Farmers. Left The General to switch. I get a discount for insuring multiple vehicles.

  2. Alfredia Charles

    I compared a lot of rate quotes for a 2007 Toyota Prius in Salt Lake City, Utah. Ended up at roughly $510 every six months with Auto-Owners. Was with Liberty Mutual.

  3. Millard Boyer

    I found pretty cheap rate quotes for a 2007 Toyota Prius in Charleston, West Virginia. Ended up at darn near $200 every six months with AIG Insurance. It’s still not cheap enough.

  4. Valeri Hicks

    Just my two cents. I live just to the north of Las Cruces, New Mexico. Not sure of all the companies but I ended up saving about $60 each month. Was with Hanover.

  5. Carma Porter

    If you have a good history and live around Mobile, AL, check out GEICO. I saved quite a bit. :)

  6. Cecille Peters

    I got decent rates for a 2007 Toyota Prius in Nashville, Tennessee. Ended up at roughly $420 every six months with American Family. Left Hanover to switch. I get multi-vehicle and multi-policy discounts.

  7. Raul Richmond

    Like your site, BTW. I live just outside Cleveland, OH. Got car insurance quotes with AAA, Nationwide, and Western Auto Insurance for my 2007 Toyota Prius and saved $555 a year.

  8. Jarvis Bradshaw

    Compared auto insurance prices with State Farm and Progressive but still not cheap enough.

  9. Lucienne Kirby

    Enjoyed the article. Went with State Farm for my 2007 Toyota Prius and saved around $260 a year.

  10. Lauren Love

    Hope my rates come down. I live just outside Des Moines, Iowa. Can’t remember who all I quoted but I ended up saving about $50 each month. Left Hanover to switch. BTW speeding tickets are not good. It never hurts to quote around.

  11. Marquetta Phillips

    Great site. From east side of Wilmington, DE. Quoted a bunch of companies. Saved darn near $50 a month. GEICO was the best choice for me. Left USAA to switch. Still almost need a second mortgage.