2007 Toyota Prius Car Insurance Quotes

Paying for high-priced Toyota Prius insurance can take a big chunk out of your monthly budget and force you to make tough financial choices. Comparing cost estimates can be a smart way to cut your insurance bill.

Due to the increasing number of companies to choose from, it can be diffult for drivers to pick the best insurance company.

It’s important to compare premium rates periodically because rates tend to go up over time. If you had the lowest premium rates on Prius insurance on your last policy you can probably find a better price now. Ignore everything you know about car insurance because we’re going to demonstrate one of the easiest ways to properly buy coverages while reducing your premium.

The best way we recommend to compare car insurance company rates is to know the fact most larger insurance companies will pay a fee to give rate comparisons. To start a quote, the only thing you need to do is give them rating details such as if you went to college, if it has an anti-theft system, your credit rating estimate, and if your license is active. That information is sent automatically to multiple auto insurance providers and they respond with quotes immediately.

You may qualify for discounts

Companies offering auto insurance don’t always advertise their entire list of discounts very well, so the list below contains some of the more common as well as some of the hidden credits that you can use to lower your rates.

• Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you could save up to 5%.
• Distant Student – Any of your kids living away from home attending college and don’t have a car may be able to be covered for less.
• Theft Deterent – Cars and trucks that have factory anti-theft systems have a lower chance of being stolen and will save you 10% or more.
• Military Deployment Discount – Being deployed in the military could mean lower premium rates.
• Bundled Policy Discount – If you can bundle your auto and homeowners insurance and insure them with the same company you could save approximately 10% to 15%.

Discounts save money, but please remember that some of the credits will not apply to the entire policy premium. Most only reduce specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like all those discounts means the company will pay you, that’s just not realistic.

To view companies who offer free insurance coverage quotes, click here.

There’s no such thing as the perfect insurance coverage policy

When choosing the best insurance coverage coverage for your vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions may help highlight whether your personal situation might need professional guidance.

• How much liability do I need to cover my assets?
• Does my insurance cover my expensive audio equipment?
• Do I need medical payments coverage since I have good health insurance?
• When would I need rental car insurance?
• What is the difference between comprehensive and collision coverage?
• What discounts do I qualify for?
• I don’t drive much so do I pay less?
• Is a fancy paint job covered?

If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.

Coverages available on your insurance policy

Knowing the specifics of a insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types found on most insurance policies.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for immediate expenses for hospital visits, surgery and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Liability coverage – Liability insurance will cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Another option is a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as structural damage, medical expenses and emergency aid. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage – Collision insurance will pay to fix damage to your Prius resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like sideswiping another vehicle, damaging your car on a curb and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, damage from getting keyed, falling objects and hail damage. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance – This gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.