2012 Toyota Prius v Insurance Quotes

Consumers have options when looking for the best price on Toyota Prius v insurance. They can either waste time contacting agents to get rate comparisons or leverage the internet to get rate quotes.

There is a right way and a wrong way to find insurance online so you’re going to learn the quickest way to get price quotes for a Toyota and get the best price possible.

If you have insurance now or are just looking to switch companies, you can use these techniques to find the best rates while maximizing coverage. This article will help you learn how car insurance quotes work. Drivers only need an understanding of the best way to get comparison quotes on the web.

How to get low cost insurance

Many insurance companies give prices for coverage direct online. Comparing prices online is quite easy as you just type in as requested by the quote form. Once you submit the form, the system collects your driving and credit reports and returns a price quote based on the information you submitted.

Online price quotes makes it easy to compare insurance prices but the process of having to visit several different sites and type in the same information is a big time waster. Unfortunately, it is important to get many rate quotes if you want to find the lowest price.

An easier way to find cheaper rates utilizes a single form to get prices from several companies at one time. This type of form saves time, requires much less work on your part, and makes quoting online much more efficient. Immediately after you send the form, it is rated and you can choose your choice of the quotes returned.

If one or more price quotes are lower than your current rates, you can simply submit the application and purchase the new policy. The entire process just takes a couple of minutes and you will find out if you’re overpaying now.

To quickly use this form to compare rates, simply click here to open in new window and enter your information. If you currently have coverage, we recommend you enter deductibles and limits exactly as they are listed on your policy. Using the same limits helps guarantee you will receive a price comparison for similar coverage.

The insurance bait and switch

Consumers get pounded daily by advertisements for the lowest price insurance from the likes of Progressive, Allstate and Geico. They all seem to advertise the message that you can save if you get a free insurance coverage quote and switch your insurance coverage to their company.

How does each company save you money? This is how they do it.

All the different companies give the best rates for the type of driver that will most likely be profitable. For example, a desirable insured might be described as between the ages of 40 and 55, has other policies, and has great credit. Anybody that matches those criteria will get the preferred car insurance rates and as a result will probably cut their rates if they switch.

Potential customers who do not meet this stringent profile may receive higher premium rates which results in the customer buying from someone else. If you pay attention, the ads say “people who switch” not “all people who quote” can save as much as they claim. This is how insurance companies can make those statements.

This really illustrates why you really need to compare rate quotes every year. It is impossible to predict the company that will have better car insurance rates than you’re paying now.

Smart consumers can reduce insurance rates

An important part of buying insurance is that you know a few of the rating criteria that aid in calculating car insurance rates. When consumers understand what determines premiums, this enables informed choices that could result in much lower annual insurance costs. Lots of things are used when you get a price on insurance. Most are fairly basic such as your driving record, but some are less obvious like your continuous coverage or your commute time.

• Limits of liability coverage – Your policy’s liability coverage kicks in when you are determined to be liable for causing damage or personal injury in an accident. It provides for a legal defense up to the limits shown on your policy. This coverage is very inexpensive when compared to the cost of physical damage coverage, so do not cut corners here.
• Traffic violations drive up rates – Drivers with clean records have lower premiums than bad drivers. Having a single speeding ticket or other violation may cause rates to rise twenty percent or more. Drivers with serious violations such as reckless driving, hit and run or driving under the influence may be required to maintain a SR-22 with their state’s department of motor vehicles in order to legally drive a vehicle.
• Annual mileage impacts rates – Driving more miles in a year’s time the higher the price you pay to insure it. The majority of insurers charge to insure your cars based on their usage. Vehicles that have low annual miles can get a lower rate as compared to vehicles used primarily for driving to work. Having the wrong rating on your Prius v may be wasting your money. Double check that your car insurance policy shows the proper vehicle usage.
• Raising comp and collision deductibles saves money – Coverage for physical damage, also known as collision and other-than-collision, helps pay for damage to your vehicle. Examples of some claims that would be covered are a dented fender, hitting a deer, and burglary. Comprehensive and collision coverage deductibles state the amount of money you are required to spend out-of-pocket if a claim is determined to be covered. The more damage repair cost you’re willing to pay, the less your company will charge you for insurance for Prius v coverage.
• Credit rating impacts prices – Credit score factor in your rate calculation. Therefore, if your credit history could use some work, you could potentially save money when insuring your 2012 Toyota Prius v if you improve your credit rating. Drivers who have very high credit ratings tend to file fewer claims than drivers who have lower ratings.
• Your stress level may be raising your rates – Did you know that where you work can have an impact on rates? Jobs like lawyers, business owners and accountants are shown to have higher rates than average due to high stress levels and incredibly demanding work hours. Conversely, professions such as farmers, engineers and homemakers get better rates for Prius v coverage.

Discounts for affordable car insurance rates

Not many people think insurance is cheap, but you can get discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied at the time you complete a quote, but a few must be manually applied prior to getting the savings. If you aren’t receiving every discount you deserve, you are paying more than you should be.

• Passive Restraint Discount – Factory air bags or motorized seat belts can receive discounts as much as 30%.
• Full Payment Discount – By paying your entire bill at once as opposed to paying monthly you can avoid the installment charge.
• Fewer Miles Equal More Savings – Driving less can qualify you for slightly better car insurancerates than normal.
• Save with More Vehicles Insured – Buying a policy with all your vehicles with the same car insurance company can get a discount for every vehicle.
• Safety Restraint Discount – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more on the premium charged for medical payments and/or PIP.
• Discount for New Cars – Insuring a new car can save up to 30% because new vehicles have to meet stringent safety requirements.
• Sign Early and Save – Some larger companies provide a discount for buying a new policy prior to the expiration date on your current policy. Ten percent is about the average savings.
• Student in College – Older children who live away from home to go to college and leave their car at home can receive lower rates.
• Good Drivers – Safe drivers may receive a discount up to 45% for Prius v coverage compared to accident prone drivers.
• Driver’s Education for Students – It’s a good idea to have your young drivers complete a driver education course in school or through a local driver safety program.

As is typical with insurance, many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. If you do the math and it seems like you could get a free car insurance policy, it doesn’t quite work that way.

A few popular companies and a summarized list of policyholder discounts are included below.

• State Farm policyholders can earn discounts including good student, safe vehicle, defensive driving training, anti-theft, accident-free, multiple autos, and student away at school.
• Esurance may offer discounts for online quote, safety device, good driver, anti-theft, and defensive driver.
• Progressive offers premium reductions for online quote discount, multi-policy, continuous coverage, multi-vehicle, and online signing.
• Liberty Mutual has savings for newly retired, new move discount, multi-policy, teen driver discount, good student, hybrid vehicle, and safety features.
• Auto-Owners Insurance may include discounts for teen driver, paperless, good student, multiple vehicles, safe vehicle, air bags, and paid in full.
• Geico may have discounts that include air bags, membership and employees, seat belt use, military active duty, and anti-lock brakes.

Before you buy a policy, ask all the companies how many discounts you can get. Depending on the company, some discounts may not be available in your area. If you would like to view insurers who offer car insurance discounts, follow this link.

You may need specialized car insurance coverage

When buying the best car insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every situation is different.

For example, these questions may help you determine whether your personal situation will benefit from professional help.

• Is my trailer covered?
• What are the best liability limits?
• Do I need to file an SR-22 for a DUI in my state?
• Am I covered if I hit my neighbor’s mailbox?
• Do I need added coverage for expensive stereo equipment?
• Am I covered if I drive in a foreign country?
• Why does it cost so much to insure a teen driver?
• Should I buy only the required minimum liability coverage?
• Am I covered if I hit a deer?
• Why do I need rental car insurance?

If you don’t know the answers to these questions, you may need to chat with an agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Detailed coverages of your insurance policy

Knowing the specifics of your insurance policy helps when choosing which coverages you need for your vehicles. Insurance terms can be confusing and coverage can change by endorsement.

Liability auto insurance

Liability coverage will cover damage or injury you incur to people or other property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as emergency aid, legal defense fees and pain and suffering. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

Coverage for collisions

Collision insurance pays for damage to your Prius v caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, crashing into a ditch, sideswiping another vehicle and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries and damage to your 2012 Toyota Prius v.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.

Comprehensive auto coverage

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from flooding, theft, a broken windshield and vandalism. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical payments and PIP coverage

Med pay and PIP coverage pay for expenses like X-ray expenses, nursing services and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Smart shoppers get results

When shopping online for auto insurance, do not buy less coverage just to save a little money. In too many instances, drivers have reduced collision coverage only to regret they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage at the best possible price but still have enough coverage for asset protection.

We just showed you a lot of techniques to compare 2012 Toyota Prius v insurance premium 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. Drivers may discover the biggest savings come from a small mutual company.

People leave their current company for many reasons like policy non-renewal, not issuing a premium refund, delays in paying claims and even high rates after DUI convictions. No matter why you want to switch, choosing a new company is not as hard as you think.

Helpful articles

• Property Damage Coverage (Liberty Mutual)
• Teen Driver Statistics (Insurance Information Insitute)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Shopping for a Safe Car (Insurance Information Insitute)