How Much Does 2010 Toyota Yaris Car Insurance Cost?

Are you a victim of an overpriced insurance policy? Trust us when we tell you you’re not alone.

Online insurance companies like Allstate, Liberty Mutual and State Farm all promote huge savings with fancy advertisements and it can be hard to see through the cute green geckos and mayhem and do the work needed to find the best deal.

If you are paying for car insurance now, you will be able to save some money using this strategy. Choosing the best insurance company for you is not rocket science. But vehicle owners do need to know the way insurance companies determine prices and take advantage of how the system works.

Which Insurance is Cheapest?

To find the best insurance prices, there are several ways of comparing rate quotes and find the best price. By far the easiest way to compare 2010 Toyota Yaris insurance prices is to get quotes online. It is quite easy and can be accomplished using a couple different methods.

  1. Probably the best way to find the lowest comparison rates is to use a rate comparison form click to view form in new window. This method saves time by eliminating boring form submissions for each company. One form submission will get you price quotes direct from many companies.
  2. A different way to find lower rates is going to the website for every company you want to comare to complete their respective quote request forms. For examples sake, we’ll pretend you want to compare GEICO, Esurance and Liberty Mutual. To get rate quotes you would need to take the time to go to each site to input your insurance information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.

However you get your quotes, ensure you’re using apples-to-apples coverage information with each company. If each company quotes mixed coverages you will not be able to find the best deal for your Toyota Yaris. Slightly different limits can mean a large discrepancy in price. And when price shopping your coverage, getting more free quotes gives you a better chance of getting a lower rate.

Cut your premium with discounts

Insuring your fleet can be pricey, but you may find discounts that many people don’t even know exist. Most are applied when you complete an application, but lesser-known reductions have to be specifically requested before they will apply.

  • Safe Driver Discount – Drivers who avoid accidents may receive a discount up to 45% less for Yaris insurance than drivers with accident claims.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Clubs and Organizations – Affiliation with certain professional organizations could trigger savings on insurance for Yaris insurance.
  • Multiple Vehicles – Buying coverage for multiple vehicles on the same insurance policy could earn a price break for each car.
  • Early Signing – Some insurance companies reward drivers for switching to them before your current policy expires. This can save 10% or more.
  • Passive Restraints and Air Bags – Factory air bags or motorized seat belts can get savings of more than 20%.
  • New Vehicle Savings – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Drive Less and Save – Low mileage vehicles can earn discounted rates on garaged vehicles.
  • Accident Waiver – A handful of insurance companies will forgive one accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.

A little note about advertised discounts, some of the credits will not apply the the whole policy. Most only apply to individual premiums such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, you’re out of luck. Any amount of discount will cut your premiums.

To see a list of providers with the best insurance discounts, follow this link.

What is the best insurance coverage?

When buying the best car insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions may help you determine if you could use an agent’s help.

  • Can I still get insurance after a DUI?
  • When do I need to add a new car to my policy?
  • Can I make deliveries for my home business?
  • Can I afford low physical damage deductibles?
  • Should I rate my 2010 Toyota Yaris as pleasure use or commute?
  • Is rental equipment covered for theft or damage?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Toyota Yaris rates are complex

Consumers need to have an understanding of the different types of things that go into determining the rates you pay for car insurance. When you know what positively or negatively impacts premium levels allows you to make educated decisions that will entitle you to big savings.

Listed below are a partial list of the pieces companies use to determine prices.

  • Do you qualify for a multi-policy discount? – Most insurance companies will give a discount to people who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, you still need to compare other company rates to ensure the best deal.
  • More miles equals more premium – The higher the mileage driven each year the higher your rate. The majority of insurers apply a rate based upon how you use the vehicle. Cars used primarily for pleasure use get more affordable rates than vehicles that are driven to work every day. Double check that your car insurance declarations sheet properly reflects the correct usage for each vehicle. If your policy improperly rates your Yaris can cost quite a bit.
  • A clean driving record saves money – Your driving record has a huge affect on how much you pay. Even a single citation can boost insurance rates by twenty percent. Careful drivers receive lower rates than bad drivers. Drivers who get serious violations like reckless driving, hit and run or driving under the influence may be required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Do you have a high stress job? – Occupations like real estate brokers, social workers and accountants tend to have higher rates than average in part from high stress levels and lots of time spent at work. On the flip side, jobs such as pilots, athletes and the unemployed receive lower rates for Yaris insurance.
  • Your location affects your rates – Choosing to live in small towns and rural areas has it’s advantages when talking about car insurance. Fewer drivers means reduced accidents and also fewer theft and vandalism claims. Drivers in populated areas have congested traffic and longer commute times. More time commuting translates into higher accident risk.
  • Men fork out a little more – Statistics show women tend to be less risk to insure than men. However, this does not mean men are WORSE drivers than women. Men and women tend to get into accidents in similar percentages, but the men have costlier accidents. Men also statistically get cited for more serious violations like reckless driving and DUI. Male drivers age 16 to 19 are most likely to cause an accident and thus pay the highest rates.
  • Lower rates with optional equipment – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your car insurance. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft.

Ads can be misleading

Progressive, GEICO, Allstate and State Farm continually stream television and radio advertisements. All the companies have a common claim that you’ll save big after switching your coverage to them. How do they all make the same claim? It’s all in the numbers.

All companies can use profiling for the type of customer that earns them a profit. For instance, a desirable insured could be over the age of 40, has no tickets, and has excellent credit. A driver that hits that “sweet spot” will get the preferred rates and is almost guaranteed to cut their rates substantially.

Consumers who do not match this ideal profile will be quoted higher prices and ends up with the customer not buying. The ads say “people who switch” but not “drivers who get quotes” save money. That is how companies can truthfully advertise the way they do.

This emphasizes why drivers should compare many company’s rates. You cannot predict which company will fit your personal profile best.

Auto insurance coverage specifics

Learning about specific coverages of your policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on the average auto insurance policy.

Liability coverages

Liability insurance provides protection from damage or injury you incur to other’s property or people by causing an accident. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like loss of income, medical expenses and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical expense coverage

Coverage for medical payments and/or PIP pay for expenses for things like surgery, prosthetic devices, ambulance fees and rehabilitation expenses. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from getting keyed, hail damage and theft. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto collision coverage

This pays for damage to your Yaris resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as sustaining damage from a pot hole, driving through your garage door, rolling your car and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured or underinsured coverage

This gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Toyota Yaris.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently these coverages do not exceed the liability coverage limits.

Never pay more for less

When you buy insurance online, don’t be tempted to buy poor coverage just to save money. In many cases, an insured cut collision coverage and learned later that they should have had better coverage. The ultimate goal is to get the best coverage possible for the lowest price, not the least amount of coverage.

We’ve covered many tips how you can lower your 2010 Toyota Yaris insurance rates. The most important thing to understand is the more you quote, the better chance you’ll have of finding lower rates. Drivers may discover the most savings is with an unexpected company. These smaller insurers may only write in your state and offer lower rates than their larger competitors like Allstate, GEICO and Progressive.

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