2019 Toyota Prius Car Insurance Rates in 2024 – 6 Ideas for Cheapest Quotes

Want the cheapest insurance coverage rates? Drivers have options when trying to find the lowest priced Toyota Prius insurance. You can either waste hours struggling with agents trying to get quotes or leverage the internet to compare rates. There is a better way to shop for insurance coverage and you need to know the best way to price shop coverage on a Toyota and get the cheapest rates from local insurance agents and online providers.

Free auto insurance price quotes

There are several ways to shop for auto insurance, but some are easier and takes less work. You can spend your afternoon driving to agents in your area, or you could use the internet to achieve your goal.

Many of the larger companies participate in a marketplace that allows shoppers to only type in their quote data once, and at least one company returns a rated price for coverage. This system prevents you from having to do quote forms to each company.

To find out how much you can save on auto insurance enter your zip code here.

The only downside to getting quotes like this is that consumers can’t choose the companies to get pricing from. So if you want to select specific providers for rate comparison, we have assembled a list of the cheapest auto insurance companies in your area. Click to enter zip code.

It doesn’t matter which method you choose, just do your best to enter the exact same coverages for each quote you get. If the quotes have differing limits it will be next to impossible to make a fair rate comparison.

Will you really save $448 on insurance?

Consumers can’t get away from all the ads that claim the cheapest prices from companies such as Progressive, Allstate and GEICO. All the companies tend to make the same promise that you’ll save big if you switch your coverage.

But how can every company offer drivers better rates? This is the way they can do it.

Many companies have a certain “appetite” for the type of driver that will be a good risk. A good example of a profitable insured may need to be a married female, has never had a claim, and has a high credit rating. A customer who fits that profile will get very good rates and will also cut their rates substantially.

Drivers who cannot meet these stringent criteria will probably have to pay higher premiums and this can result in the driver buying from a lower-cost company. If you listen to the ad wording, they say “customers that switch” but not “all drivers who get quotes” save that much money. That’s why insurance companies can confidently advertise the savings. This illustrates why it’s extremely important to compare many company’s prices. It’s not possible to predict which insurance company will have the best premium rates at this point in time.

Verify you’re earning every discount

Insuring your fleet can be pricey, but you might be missing out on some discounts that could drop your premiums quite a bit. A few discounts will automatically apply when you purchase, but lesser-known reductions have to be asked for before they will apply.

• One Accident Forgiven – This one is not really a discount per se, but some insurance companies permit an accident before hitting you with a surcharge if you are claim-free for a set time period.
• E-sign Discounts – Some larger companies will provide an incentive for buying a policy and signing up on your computer.
• Accident-Free Discounts – Good drivers with no accidents get the best auto insurance rates in comparison with drivers who are more careless.
• Own a Home and Save – Just owning your own home may earn you a small savings since home ownership is proof that your finances are in order.
• Theft Deterrent Discount – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and therefore earn up to a 10% discount.
• Defensive Driver – Taking a defensive driving class could possibly earn you a 5% discount and also improve your driving technique.

Please keep in mind that many deductions do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think all those discounts means the company will pay you, that’s just not realistic. But any discount will lower the amount you pay for coverage.

If you would like to see a list of insurers that offer multiple discounts, enter your zip code here.

When should I discuss my situation with an agent?

When buying coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can aid in determining whether or not you would benefit from professional advice.

• Is other people’s property covered if stolen from my vehicle?
• Does insurance cover tools stolen from my truck?
• Am I covered if I break a side mirror?
• Can I still get insurance after a DUI?
• What is the minimum liability in my state?
• How does medical payments coverage work?
• Why am I required to get a high-risk car insurance policy?
• What discounts do I qualify for?
• Is my trailer covered?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, complete your zip code. It is quick, free and you can get the answers you need.

Educate yourself about auto insurance coverages

Knowing the specifics of auto insurance can be of help when determining appropriate coverage and the correct deductibles and limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Liability

Liability insurance will cover injuries or damage you cause to other’s property or people that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims such as legal defense fees, attorney fees and court costs. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Toyota Prius.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like surgery, pain medications and funeral costs. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as damaging your car on a curb, driving through your garage door, backing into a parked car and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible to save money on collision insurance.

Comprehensive coverage

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hitting a deer, hitting a bird, a broken windshield, vandalism and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Final considerations

Cheaper 2019 Toyota Prius insurance is definitely available from both online companies and with local insurance agents, and you should compare rates from both to have the best rate selection. Some insurance companies may not provide online quoting and most of the time these regional carriers provide coverage only through independent agents.

While you’re price shopping online, don’t be tempted to buy less coverage just to save a little money. In many cases, an insured cut uninsured motorist or liability limits only to discover later they didn’t purchase enough coverage. Your aim should be to buy a smart amount of coverage for the lowest price.

Consumers who switch companies do it for a variety of reasons including policy cancellation, questionable increases in premium, not issuing a premium refund or even high rates after DUI convictions. It doesn’t matter why you want to switch choosing a new insurance company is less work than it seems.