View 2016 Toyota Yaris Insurance Rates

Want cheaper auto insurance rates for your Toyota Yaris? There isn’t a single person who rejoices having to buy auto insurance, especially knowing the cost is too high. Due to the fact that there are so many choices, it is very difficult to find the lowest price insurer.

You should take the time to do rate comparisons before your policy renews because prices are constantly changing. Just because you found the best price for Yaris insurance two years ago other companies may now be cheaper. There is a lot of bad advice regarding auto insurance online, but I’m going to show you some great ideas on how to lower your auto insurance premiums.

Take advantage of every car insurance discount

Auto insurance companies don’t necessarily list their entire list of discounts in a way that’s easy to find, so the list below details a few of the more well known in addition to some of the lesser obvious ways to save on car insurance. If you do not check that you are getting every discount you qualify for, you are not getting the best rate possible.

  • Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and can earn a small discount on your policy.
  • Mature Driver Discount – Drivers that qualify as senior citizens may be able to get lower premium rates for Yaris insurance.
  • Government Employees – Employees or retirees of the government could qualify for a slight premium decrease for Yaris insurance depending on your company.
  • Discount for New Cars – Buying car insurance coverage on a new vehicle can save up to 30% due to better safety requirements for newer vehicles.
  • Student Discount for Driver Training – Teen drivers should successfully complete driver’s ed class as it will make them better drivers and lower rates.

Don’t be surprised that some of the credits will not apply the the whole policy. Most cut the price of certain insurance coverages like comp or med pay. If you do the math and it seems like you can get free auto insurance, it’s just not the way it works.

A few popular companies and some of the discounts are included below.

  • Esurance discounts include anti-theft, multi-car, homeowner, Pac-12 alumni, DriveSense, and safety device.
  • The Hartford includes discounts for anti-theft, vehicle fuel type, bundle, air bag, and good student.
  • AAA may include discounts for multi-car, education and occupation, good student, good driver, AAA membership discount, and anti-theft.
  • Geico policyholders can earn discounts including daytime running lights, seat belt use, anti-lock brakes, good student, defensive driver, federal employee, and air bags.
  • State Farm offers discounts including Steer Clear safe driver discount, good student, student away at school, Drive Safe & Save, defensive driving training, and passive restraint.

When quoting, ask all companies you are considering which discounts you may be entitled to. All car insurance discounts may not apply to policies in your area.

How to know if you need help

When it comes to buying proper insurance coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions can help discover whether your personal situation might need an agent’s assistance.

  • I have a DUI can I still get coverage?
  • Does my 2016 Toyota Yaris qualify for pleasure use?
  • Should I have a commercial auto policy?
  • What can I do if my company won’t pay a claim?
  • Is my dog or cat covered if injured in an accident?
  • How can I find cheaper teen driver insurance?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Don’t be fooled by advertising claims

Consumers can’t get away from all the ads that claim the best premium rates from companies such as Allstate, Geico and Progressive. All the ads have a common claim about savings just by switching your car insurance policy to them.

How does every company claim to save you money? It’s all in the wording.

All the different companies have strict underwriting profiles for the driver that earns them a profit. An example of a preferred risk may be between the ages of 30 and 50, has a clean driving record, and drives a vehicle with a low ISO rating. Any customer who fits those characteristics will get a cheap rate quote and have a good chance to save when they switch companies.

Insureds who cannot meet this ideal profile will be charged a more expensive rate which results in the customer not purchasing. Company advertisements say “people that switch” not “all people who quote” save that much money. That’s why companies can truthfully state the savings. This really illustrates why you need to get price quotes at each policy renewal. Because you cannot predict which car insurance company will be your best fit.

Insurance coverage basics

Understanding the coverages of your insurance policy can be of help when determining the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. These are typical coverages found on the average insurance policy.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Toyota Yaris.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Auto liability

This protects you from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like pain and suffering, emergency aid, medical services and structural damage. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for immediate expenses for ambulance fees, pain medications, nursing services and surgery. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Auto collision coverage

Collision coverage covers damage to your Yaris from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like hitting a parking meter, sideswiping another vehicle, colliding with another moving vehicle, backing into a parked car and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, falling objects, a tree branch falling on your vehicle and theft. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

A penny saved is a penny earned

When you buy insurance coverage online, don’t be tempted to reduce needed coverages to save money. There are a lot of situations where consumers will sacrifice physical damage coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage for the lowest price but still have enough coverage for asset protection.

The cheapest 2016 Toyota Yaris insurance is definitely available from both online companies and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not offer rates over the internet and many times these regional insurance providers prefer to sell through independent agents.

Additional detailed information is available by following these links: