2015 Toyota Prius v Insurance Quotes

Are you baffled by the wide range of insurance coverage providers available to you? drivers have so many choices that it can be more work than you anticipated to locate the lowest premium rates.

If you currently have car insurance, you should be able to lower your premiums substantially using this information. The purpose of this post is to help educate you on how to effectively get price quotes and some tips to save money. But drivers should learn how the larger insurance companies market insurance on the web because it can help you find the best coverage.

Insurance coverage companies offer lots of discounts

Insurance coverage is not inexpensive, but companies offer discounts that you may not even be aware of. Certain credits will be shown at quote time, but a few must be specially asked for before they will apply.

• Homeowners Pay Less – Owning a home can get you a discount because of the fact that having a home is proof of financial responsibility.
• Discounts for Responsible Drivers – Insureds who avoid accidents may receive a discount up to 45% for Prius v insurance as compared to drivers with claims.
• Pay Early and Save – By paying your entire bill at once rather than spreading payments over time you can avoid monthly service charges.
• Use Seat Belts – Drivers who require all occupants to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
• Fewer Miles Equal More Savings – Keeping the miles down on your Toyota may allow you to get discounted rates on garaged vehicles.
• Save over 55 – Drivers over the age of 55 may be able to get a small decrease in premiums for Prius v insurance.

One last thing about discounts, most credits do not apply to the entire policy premium. Most only apply to specific coverage prices like comprehensive or collision. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky. Any amount of discount will bring down the amount you have to pay.

A list of insurance coverage companies and a selection of discounts are detailed below.

• Farm Bureau may have discounts that include multi-policy, safe driver, renewal discount, driver training, and multi-vehicle.
• State Farm may include discounts for Drive Safe & Save, good student, driver’s education, accident-free, and good driver.
• Progressive discounts include online quote discount, online signing, multi-vehicle, multi-policy, and homeowner.
• Allstate may offer discounts for anti-lock brakes, teenSMART discount, passive restraint, anti-theft, safe driver, and FullPay discount.
• Nationwide has savings for accident-free, good student, family plan, Farm Bureau membership, business or organization, and anti-theft.
• MetLife offers discounts including good driver, accident-free, claim-free, multi-policy, and defensive driver.

When getting free insurance coverage quotes, it’s a good idea to each company or agent which discounts you qualify for. Some credits may not apply to policies in your area. If you would like to see a list of insurance coverage companies that offer many of these discounts, click here to view.

Do I just need basic coverages?

When it comes to buying adequate coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique.

These are some specific questions might point out if you could use an agent’s help.

• Does having multiple vehicles earn me a discount?
• Can I afford to buy a different vehicle if my 2015 Toyota Prius v is totaled?
• Do all my vehicles need collision coverage?
• Is business property covered if stolen from my car?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does my insurance cover my expensive audio equipment?

If you’re not sure about those questions, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form.

Educate yourself about insurance coverages

Understanding the coverages of insurance can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Auto liability insurance

This can cover damage that occurs to other people or property by causing an accident. This coverage protects you from claims by other people. It does not 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 commonly see values of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things like attorney fees, repair bills for other people’s vehicles and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for EMT expenses, prosthetic devices and hospital visits. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision insurance

Collision coverage pays to fix your vehicle from damage from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like rolling your car, colliding with a tree, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive auto coverage

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as falling objects, rock chips in glass and theft. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Quote often and quote early

People who switch companies do it for a number of reasons such as policy cancellation, high prices, policy non-renewal and even lack of trust in their agent. Regardless of your reason for switching companies, finding a new auto insurance company is pretty easy and you might even save some money in the process.

When trying to cut insurance costs, it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced liability coverage limits and learned later that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy enough coverage at a price you can afford.

Throughout this article, we presented many ways to lower your 2015 Toyota Prius v insurance premium rates. The key concept to understand is the more providers you compare, the better chance you’ll have of finding low cost insurance coverage. Drivers may discover the lowest premium rates are with some of the smallest insurance companies.

More detailed auto insurance information can be read at these sites:

• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• Auto Insurance Learning Center (State Farm)
• Safety Belts FAQ (iihs.org)