Save on 2014 Toyota Prius v Car Insurance Quotes

Trying to find the cheapest auto insurance rates for your Toyota Prius v? Have you had enough of being strong-armed each month for auto insurance? Your situation is no different than the majority of other consumers.

Since you have so many insurance companies to choose from, it can be diffult for drivers to pick the best auto insurance provider.

Insurance cost influencing factors

The best way to find cheaper car insurance is to take a look at the rating factors that aid in calculating your car insurance rates. When you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that can earn you cheaper rates. Many factors are taken into consideration when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, but other criteria are not quite as obvious like your continuous coverage or your commute time.

The list below includes a partial list of the pieces used by your company to calculate premiums.

  • Buy a safe car and pay less – Vehicles that have high safety ratings tend to have better insurance rates. The safest vehicles reduce injuries and reduced instances of injuries translates into savings for insurance companies and lower rates for you. If your Toyota Prius v scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may be receiving a better rate.
  • City traffic equals higher premiums – Choosing to live in less populated areas of the country is a positive aspect when buying car insurance. Drivers in populated areas tend to have more traffic problems and more time behind the wheel. Less people living in that area means reduced accidents.
  • Consolidate and save – Some car insurance companies provide lower prices for people who carry more than one policy. It’s known as a multi-policy discount. If you currently are using one company, you still need to check prices from other companies to guarantee you are still saving the most.There is a chance you can save more without the discount by insuring with multiple companies.
  • Liability protection – The liability section of your policy will protect you if you are ruled to be at fault for an accident. Liability insurance provides legal defense coverage which can be incredibly expensive. Liability insurance is pretty cheap as compared to coverage for physical damage, so do not skimp.

Compare free insurance coverage quotes

Most companies such as State Farm, Allstate and GEICO provide coverage prices on the web. Doing online quotes can be done by anyone as you just enter your coverage information into the form. After you complete the form, the quote system will obtain your driving and credit reports and returns a price. This makes it easy to compare insurance prices but having to visit each company’s website and repetitively complete many quote forms is not the best way to spend an afternoon. But it’s very important to have as many quotes as possible if you are searching for the best price possible.

The smarter way to compare rates uses just one form that gets prices from a bunch of companies at once. The form is fast, requires less work, and makes rate comparisons a little more enjoyable. As soon as you send your information, it gets priced and you can choose your choice of the resulting price quotes. If you find a better price you simply finish the application and buy the new coverage. The whole process just takes a couple of minutes and can result in significant savings.

If you want to find out what other companies charge, simply click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you duplicate the limits and deductibles as close as possible to your current policy. Doing this assures you will receive an apples-to-apples comparison for similar coverage.

Drivers who switch save $436 a year? Really?

Companies like State Farm, Allstate and GEICO seem to constantly run television, radio, and online ads. They all seem to advertise the message about saving some big amount if you just switch your coverage to them. That’s great but how can every company charge lower premium rates? It’s all in the wording.

Most companies can use profiling for a prospective insured that earns them the most money. An example of a desirable risk could possibly be between 25 and 40, has a clear driving record, and drives a car with an anti-theft system. A driver who matches those parameters is entitled to the best price and as a result will probably save some money.

Consumers who do not fit the “perfect” profile will probably have to pay higher prices with the end result being the customer buying from someone else. The ad wording is “customers that switch” but not “all drivers who get quotes” save that much when switching. This is how companies can truthfully make claims that they all have the best premium rates. This really illustrates why you absolutely need to compare rate quotes every year. It’s impossible to know which auto insurance company will give you lower car insurance rates than your current company.

Affordable insurance coverage quotes with discounts

Insuring your vehicles can cost a lot, but you can get discounts that many consumers don’t even know exist. Some discounts will apply when you complete an application, but a few need to be specifically requested before you will receive the discount.

  • Good Student – Getting good grades can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
  • Passive Restraint Discount – Options like air bags or automatic seat belts may qualify for discounts as much as 30%.
  • Savings for New Vehicles – Buying a new car instead of a used car may earn a small discount because new vehicles keep occupants safer.
  • Low Mileage Discounts – Keeping the miles down on your Toyota may enable drivers to earn lower prices on the low mileage vehicles.
  • Multiple Cars – Drivers who insure all your vehicles on a single policy qualifies for this discount.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are less likely to be stolen and can earn a small discount on your policy.
  • ABS Brakes – Cars and trucks with ABS braking systems or traction control can reduce accidents and earn discounts up to 10%.
  • Senior Citizen Rates – Drivers that qualify as senior citizens could receive a small decrease in premiums on Prius v insurance.
  • Federal Employees – Simply working for the federal government could cut as much as 10% off on Prius v insurance depending on your insurance coverage provider.
  • Life Insurance – Insurance companies who offer life insurance give a discount if you purchase auto and life insurance together.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Most cut individual premiums such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, you’re out of luck.

Some of the insurance companies that may have these benefits may include but are not limited to:

When comparing rates, check with every insurance company which credits you are entitled to. All car insurance discounts might not be available to policyholders in your area. To find insurers that can offer you the previously mentioned discounts, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying coverage for your personal vehicles, there is no one size fits all plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions could help you determine whether you might need professional guidance.

  • Is my camper covered by my car insurance policy?
  • How much underlying liability do I need for an umbrella policy?
  • What happens if I owe more than my 2014 Toyota Prius v is worth?
  • Does my 2014 Toyota Prius v qualify for pleasure use?
  • Can my babysitter drive my car?
  • Does my policy cover my teen driver if they drive my company car?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Educate yourself about car insurance coverages

Understanding the coverages of a car insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from car insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your 2014 Toyota Prius v.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Collision coverage protection

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like scraping a guard rail, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for expenses like nursing services, surgery, hospital visits, pain medications and ambulance fees. They are utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive auto coverage

Comprehensive insurance covers 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 insurance covers things like hail damage, falling objects, damage from a tornado or hurricane, rock chips in glass and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability coverage

Liability insurance protects you from injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as pain and suffering, attorney fees, medical expenses and bail bonds. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Spend less. Save more.

Lower-priced insurance is definitely available online and also from your neighborhood agents, so you should compare both in order to have the best chance of saving money. Some insurance providers don’t offer online rate quotes and usually these smaller providers provide coverage only through local independent agencies.

While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. There have been many cases where someone sacrificed uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. The ultimate goal is to buy a smart amount of coverage at the lowest possible cost but still have enough coverage for asset protection.

We’ve covered many ideas to lower your 2014 Toyota Prius v insurance rates. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. You may even find the lowest rates are with a lesser-known regional company. These smaller insurers may cover specific market segments cheaper than their larger competitors like Progressive or GEICO.

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Comments About 2014 Toyota Prius v Insurance

  1. Jackie Craft

    I got a good deal I think. Found cheapest coverage with Progressive for my Prius v and am saving around $240 a year. Left AIG Insurance to switch. God forbid I actually have a claim.

  2. Luetta Cohen

    Looking for cheaper 2014 Toyota Prius v insurance in Springfield, Missouri. Help!

  3. Tuan Prince

    I’ve had Allstate for years. I’m in Aurora, IL.

  4. Paris Ayers

    I’m in the south part of Gulfport, MS. Received quotes with Amica, Nationwide, and some smaller one I can’t remember the name of for my 2014 Toyota Prius v and I’m now saving $60 a month. Was with Encompass. Have an at-fault accident tho. I got a quote from their website.

  5. Karry Reid

    Here’s my info. I live just outside Phoenix, Arizona. Went online for free insurance quotes for a 2014 Toyota Prius v. Ended up at about $320 savings annually. Went with 21st Century. Thankfully I’m not a high risk driver. Might find lower rates online.

  6. Sanora Cooke

    Found cheapest coverage with USAA for my Prius v and saved about $160 a year.

  7. Armanda Delaney

    From a town just southwest of Tucson, AZ. Quoted rates from USAA, Auto-Owners, Liberty Mutual, and Nationwide for my Prius v and I’m now saving $21 a month.

  8. Lavera Sloan

    Lots of good stuff here. I’m in the east part of Fort Smith, AR. Quoted prices from GEICO, GMAC, and Esurance for my Prius v and saved just over $190 a year. Still almost need a second mortgage.