How Much Does 2017 Toyota Prius Insurance Cost in 2024?

Want better insurance rates? Drivers have a choice when trying to find affordable Toyota Prius insurance. They can either spend hours calling around to compare prices or use the internet to compare rates.

There are more efficient ways to find insurance online and you need to know the proper way to get price quotes on a Toyota and find the lowest price from both online companies and local agents.

If you have insurance now or need new coverage, you will benefit by learning to reduce the price you pay and still get good coverage. This article will teach you how to get online quotes and some tricks to saving. Vehicle owners just need to understand the proper methods to buy car insurance online.

Why your insurance costs might be higher

An important part of buying insurance is that you know some of the factors that go into determining the level of your policy premiums. If you know what positively or negatively impacts your premiums, this allows you to make educated decisions that could result in big savings.

The factors shown below are just a few of the factors utilized by car insurance companies to help set your rates.

• Tickets and citations cost more than a fine – Your driving citation history impacts your car insurance rates tremendously. Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. Just one driving citation may increase your cost forty percent or more. People who have dangerous violations such as DUI, reckless driving or excessive speeding might be required by their state to complete a SR-22 with their state motor vehicle department in order to prevent a license revocation.
• Is your vehicle theft-ready? – Choosing a vehicle with an alarm system can help lower your premiums. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms can thwart auto theft.
• Better prices for being claim-free – Companies award the best rates to policyholders that do not abuse their auto insurance. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Your car insurance is designed for the large, substantial claims.
• Insurance costs and driver gender – The statistics show that females tend to be a little less risky than males. This data doesn’t prove that males are worse at driving than females. Women and men tend to get into fender benders at about the same rate, but males get into accidents with more damage. They also get ticketed for serious violations such as DWI and reckless driving. Teenage male drivers are the most expensive to insure and therefore have the most expensive insurance rates.
• Vehicles with better crash test results cost less to insure – Safer cars tend to be cheaper to insure. Vehicles built for safety reduce the chance of injuries and fewer serious injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Toyota Prius is rated at a minimum four stars on Safercar.gov you may pay a lower rate.
• With age comes responsibility – Teen drivers are statistically shown to be careless and easily distracted behind the wheel therefore insurance rates are much higher. Older drivers are more cautious drivers, tend to file fewer claims , and are generally more financially stable.
• Multi-policy discounts can save money – Most insurance companies apply lower prices for people that have more than one policy. It’s known as a multi-policy discount. Even with this discount applied, it’s in your best interest to comparison shop to help ensure you have the lowest rates.
• Liability limits are a factor – Liability coverage will afford coverage if ever a court rules you are at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not cut corners here.

Don’t miss these premium-slashing discounts

Car insurance is not an enjoyable expense, but there may be some discounts that many people don’t even know exist. A few discounts will automatically apply when you complete an application, but a few must be specifically requested before they will apply. If you don’t get every credit possible, you could be paying more than you need to.

• Waiver for an Accident – Not necessarily a discount, but companies like GEICO and Liberty Mutual will let one accident slide without the usual rate increase if your claims history is clear prior to being involved in the accident.
• Multiple Cars – Buying a policy with multiple cars or trucks on the same car insurance policy can get a discount for every vehicle.
• Life Insurance – Not all insurance carriers offer life insurance, but some may give you a discounted price on car insurance if you buy life insurance.
• Discounts for New Vehicles – Insuring a vehicle that is new can save up to 30% due to better safety requirements for newer vehicles.
• Club Memberships – Being a member of specific professional or occupational memberships or organizations could trigger savings on your next renewal.
• Air Bags and Passive Restraints – Factory air bags or automatic seat belts may get savings of up to 25% or more.
• E-sign – Some of the larger companies will discount your bill up to fifty bucks for buying your policy on your computer.

Policy discounts save money, but most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as collision or personal injury protection. Just because it seems like you could get a free car insurance policy, you’re out of luck.

A partial list of companies who may offer these benefits are:

• The Hartford
• American Family
• Progressive
• Travelers
• Farmers Insurance
• USAA
• Liberty Mutual

If you need lower rates, check with all companies you are considering how you can save money. Some of the discounts discussed earlier might not apply in every state. To see car insurance companies that offer many of these discounts, enter your zip code here.

Do I need special coverages?

When it comes to choosing coverage, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

Here are some questions about coverages that could help you determine if your insurance needs might need professional guidance.

• When would I need rental car insurance?
• Is my camper covered by my car insurance policy?
• Is there coverage for injuries to my pets?
• When would I need additional glass coverage?
• What if I total my 2017 Toyota Prius and owe more than it’s worth?
• Can my teen driver be rated on a liability-only vehicle?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and enter your zip code. It is quick, free and can provide invaluable advice.

Car insurance coverages 101

Knowing the specifics of car insurance can be of help when determining the best coverages and proper limits and deductibles. Policy terminology can be confusing and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Toyota Prius.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as colliding with another moving vehicle, damaging your car on a curb, hitting a mailbox, scraping a guard rail and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

Auto liability

Liability coverage will cover damage that occurs to people or other property. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against things like repair costs for stationary objects, bail bonds and medical services. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.

Comprehensive insurance

This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, a broken windshield and hitting a bird. The most your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for expenses for rehabilitation expenses, doctor visits and EMT expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Saving money is sweet as honey

The cheapest 2017 Toyota Prius insurance can be bought online as well as from independent agents, and you should compare price quotes from both to have the best rate selection. A few companies don’t offer online price quotes and most of the time these regional insurance providers provide coverage only through local independent agents.

We just presented many ideas to reduce 2017 Toyota Prius insurance premium rates online. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from a small local company.

As you restructure your insurance plan, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced liability limits or collision coverage only to find out they didn’t purchase enough coverage. Your objective should be to buy a smart amount of coverage for the lowest cost, but do not skimp to save money.