2015 Toyota Prius v Car Insurance Cost – 10 Tips for Best Prices

Searching for better car insurance rates? Consumers have a choice when looking for the lowest priced Toyota Prius v insurance. They can either waste time struggling with agents trying to get quotes or use the internet to get rate quotes. There is a right way and a wrong way to find car insurance online so you’re going to learn the best way to get price quotes for a Toyota and find the best price possible.

Compare Quotes for Auto Insurance

Getting better 2015 Toyota Prius v auto insurance pricing is actually quite simple. The only thing you need to do is take the time comparing rates online from several insurance companies. This can be accomplished in a couple of different ways.

  • The easiest and least time consuming way to get quotes is an all-inclusive rate comparison like this one (opens in new window). This easy form eliminates the need for separate forms for each company you want a rate for. Filling out one form will return quotes from multiple low-cost companies. It’s definitely the quickest method.
  • A more time consuming way to find lower rates requires a trip to each company website to request a price quote. For sake of this example, let’s assume you want rates from Auto-Owners, Progressive and American Family. To get rate quotes you would need to go to every website and enter your policy data, and that’s why the first method is more popular.

    For a handy list of car insurance company links in your area, click here.

Whichever way you use, ensure you’re using the exact same quote information with every price quote. If you enter different values for each quote it will be very difficult to decipher which rate is best.

Save with discounts on 2015 Toyota Prius v insurance

Companies offering auto insurance don’t necessarily list every available discount very well, so the following is a list of both the well known and the more hidden car insurance savings. If you don’t get every credit you qualify for, you’re just leaving money on the table.

  • Discount for Life Insurance – Some companies give lower rates if you buy life insurance.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.
  • Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Claim Free – Claim-free drivers pay less when compared to drivers who are more careless.
  • No Charge for an Accident – A handful of insurance companies will forgive one accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
  • Clubs and Organizations – Being a member of a professional or civic organization could qualify you for a break when shopping for car insurance on Prius v coverage.
  • Driver Safety – Completing a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • 55 and Retired – Mature drivers can possibly qualify for a small decrease in premiums on Prius v coverage.
  • Paperless Signup – Certain companies will discount your bill up to fifty bucks just for signing your application online.

A little note about advertised discounts, most discount credits are not given the the whole policy. Most only apply to the cost of specific coverages such as medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky.

A partial list of companies that may offer these discounts are:

Double check with all companies you are considering what discounts are available to you. Some discounts may not apply in your area.

Tailor your coverage to you

When choosing the best insurance coverage coverage for your vehicles, there isn’t really a single plan that fits everyone. Every situation is different.

These are some specific questions might help in determining if your situation would benefit from an agent’s advice.

  • Do I have coverage if my license is suspended?
  • Does having multiple vehicles earn me a discount?
  • What is PIP insurance?
  • Is business property covered if stolen from my car?
  • Should I waive the damage coverage when renting a car?
  • Is my babysitter covered when using my vehicle?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and can help protect your family.

Parts of your auto insurance policy

Learning about specific coverages of your auto insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverage

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like colliding with a tree, rolling your car, backing into a parked car, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability coverage

Liability insurance will cover damages or injuries you inflict on other people or property that is your fault. This insurance protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage protects against things such as emergency aid, funeral expenses and bail bonds. How much coverage you buy is up to you, but consider buying as much as you can afford.

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from flooding, damage from a tornado or hurricane, a broken windshield and rock chips in glass. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Prius v.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like chiropractic care, surgery and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage