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.
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.
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.
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.
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.
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 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.
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.
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
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
Perry Mosley
When do I drop full coverage?
Cornelius Barnett
Will State Farm raise rates for a windshield claim?
Deedee Rodriquez
Anyone compare GEICO and State Farm rates in Gaithersburg, MD?
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.
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.
Sharyn Mcleod
For me, Allstate was by far the cheapest in Aurora, CO.
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.
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.
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.
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.
Kamilah Hall
Cheap is relative. Live in Rapid City, SD. Don’t remember every company but I ended up saving about $40 each month.
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.
Rickie Ramos
I switched to GEICO. Quoted good rates in Tulsa, OK. Insured with Progressive before.