2014 Scion iQ Insurance Rates

Are you burned out from not being able to afford to pay high insurance coverage rates every month? Your situation is no different than most other drivers. Many car insurance companies compete for your hard-earned dollar, so it’s not easy to compare every provider and get the definite lowest rate possible.

Compare car insurance rate quotes online

Getting a cheaper price on 2014 Scion iQ insurance can be relatively painless. Consumers just need to spend a few minutes comparing free insurance quotes from some recommended companies. Comparing prices online can be done using a couple different methods.

  • One of the fastest ways to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This quick form eliminates the need for boring form submissions for each price estimate. Filling out one form gets you price quotes from all major companies.
  • A more difficult way to find better pricing is going to the website for every company you want to comare to request a price quote. For instance, we’ll assume you want to get rates from Liberty Mutual, Farmers and Travelers. In order to get each rate, you would have to go to every website to enter the same coverage data repeatedly, which can get rather old. For a list of links to companies insuring cars in your area, click here.

Take whichever approach you prefer, but do your best to use apples-to-apples quote data for every company. If you use different data then you won’t be able to get a fair rate comparison.

Learn how to lower your insurance prices

Smart consumers have a good feel for the factors that play a part in calculating auto insurance rates. When you know what positively or negatively influences your rates, this helps enable you to make changes that could result in big savings.

Shown below are just a few of the factors used by insurance companies to determine your rate level.

  • Safer cars cost less to insure – Cars with five star safety ratings get lower rates. Safer cars reduce occupant injuries and any reduction in injury severity translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Scion iQ has ratings of a minimum four stars on Safercar.gov you may qualify for a discount.
  • Buy as much liability coverage as you can afford – Your policy’s liability coverage will provide protection if ever you are found liable for an accident. Your policy’s liability insurance provides legal defense coverage which can cost thousands of dollars. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • Auto insurance policy lapses increase auto insurance rates – Driving without insurance coverage in place can get you a ticket and you will pay a penalty because you let your coverage have a gap. In addition to paying higher rates, failure to provide proof of insurance could result in fines and jail time.
  • Males tend to take more risk – Statistics have proven that females tend to be a little less risky than males. Now that doesn’t mean men are worse drivers. Men and women have at-fault accidents in similar numbers, but guys get into accidents with more damage. Men also tend to get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 cause the most accidents so they pay the highest premiums.
  • Accidents mean higher prices – A bad driving record impacts premiums far more than you think. Only having one ticket may increase your cost to the point where it’s not affordable. Good drivers get better rates than bad drivers. Drivers unfortunate enough to have license-revoking violations like DUI or willful reckless driving may find that they have to to maintain a SR-22 with their state’s licensing department in order to keep their license.

Verify you’re applying every discount

Insurance coverage is not an enjoyable expense, but discounts can save money and there are some available that you may not even be aware of. A few discounts will be applied when you purchase, but some must be requested specifically prior to getting the savings. If you don’t get every credit possible, you may be paying too high a price.

  • Telematics Data – Drivers who agree to allow their insurance company to study their driving habits by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they show good driving skills.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
  • Early Renewal Discounts – Some insurance coverage companies reward drivers for buying a policy early. This can save 10% or more.
  • Low Mileage Discounts – Driving fewer miles can earn discounted premium rates on garaged vehicles.
  • Anti-theft System – Cars, trucks, and SUVs with anti-theft systems are stolen with less frequency and will qualify for a discount on a insurance quote.

Don’t be surprised that many deductions do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, nobody gets a free ride.

To find insurance companies with the best discounts, click here.

When should I discuss my situation with an agent?

When buying coverage for your vehicles, there really is no “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions may help you determine if your insurance needs might need an agent’s assistance.

  • Does my 2014 Scion iQ need full coverage?
  • Do I benefit by insuring my home with the same company?
  • How does medical payments coverage work?
  • Am I covered when driving on a suspended license?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I need more liability coverage?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

Information about specific coverages

Having a good grasp of a insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverages offered by insurance companies.

Coverage for liability

Liability insurance protects you from damage that occurs to people or other property by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers claims like medical expenses, pain and suffering, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverage

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

Comprehensive insurance covers things such as theft, rock chips in glass, falling objects, damage from a tornado or hurricane and a broken windshield. The highest amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as damage to your 2014 Scion iQ.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are set the same as your liablity limits.

Collision insurance

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sustaining damage from a pot hole, rolling your car, crashing into a ditch, scraping a guard rail and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as X-ray expenses, funeral costs, surgery and chiropractic care. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Get your money’s worth

Throughout this article, we presented some good ideas how you can get a better price on 2014 Scion iQ insurance. The most important thing to understand is the more price quotes you have, the better your comparison will be. Consumers could even find that the most savings is with a small mutual company. These companies often have lower rates on specific markets than the large multi-state companies such as State Farm and Allstate.

Some insurance coverage companies do not provide rate quotes online and most of the time these smaller companies work with independent agents. Cost effective 2014 Scion iQ insurance is available online and also from your neighborhood agents, so you need to compare both in order to have the best price selection to choose from.

More information is available at the links below

Comments About 2014 Scion iQ Insurance

  1. Perry Mosley

    When do I drop full coverage?

  2. Cornelius Barnett

    Will State Farm raise rates for a windshield claim?

  3. Deedee Rodriquez

    Anyone compare GEICO and State Farm rates in Gaithersburg, MD?

  4. Tama Crawford

    I live on the east side of Little Rock, Arkansas. Quoted with Progressive, American Family, and Esurance for my iQ and I think I saved about $40 each month.

  5. Cindy Vasquez

    I got quite a few price quotes for a 2014 Scion iQ in Biloxi, MS. Ended up at darn near $340 every six months with AAA. Insured with AIG Insurance before.

  6. Sharyn Mcleod

    For me, Allstate was by far the cheapest in Aurora, CO.

  7. Leda Haney

    I live on the east side of Dover, DE. Received quotes from Auto-Owners, MetLife, and some smaller one I can’t remember the name of for my iQ and saved just over $380 a year.

  8. Mistie Stephens

    Live in the eastern part of Tucson, AZ. Quoted a bunch of companies. Saved darn near $30 a month. Progressive was the most affordable for me. Moved home policy as well.

  9. Elenora Puckett

    If you have a good history and are close to Cincinnati, Ohio, check out 21st Century. They seem to be cheaper. Was with Esurance. Ask about discounts. It’s easy to compare rates online now.

  10. Young Bernard

    Hope my rates come down. I’m just west of Bellevue, NE. Got car insurance quotes with 21st Century, AIG Insurance, and Esurance for my 2014 Scion iQ and saved just over $280 a year. Left AAA to switch. I have a couple other vehicles on the policy.

  11. Kamilah Hall

    Cheap is relative. Live in Rapid City, SD. Don’t remember every company but I ended up saving about $40 each month.

  12. William Davidson

    Here’s my info. I’m in the suburbs of Paterson, NJ. Compared quite a few companies. Saved right around $60 a month. State Farm was the best choice for me. Thankfully I’m not a high risk driver.

  13. Rickie Ramos

    I switched to GEICO. Quoted good rates in Tulsa, OK. Insured with Progressive before.