2017 Toyota Yaris Car Insurance Rates – 9 Ideas for Cheaper Quotes

Tired of sacrificing other expenses to insure your Toyota every month? You are in the same boat as many other consumers. Since vehicle owners have many companies to choose from, it can be diffult for drivers to find the cheapest insurer.

Consumers should take time to shop coverage around periodically since insurance prices tend to go up over time. Just because you had the best deal on Yaris coverage on your last policy you may be paying too much now. Don’t believe everything you read about insurance coverage out there, but in a few minutes you can learn some excellent ideas to save money.

This article will introduce you to how to effectively get price quotes and some tips to save money. If you currently have car insurance, you will most likely be able to lower your premiums substantially using these techniques. Drivers just need to understand the most effective way to shop their coverage around over the internet.

How to compare car insurance price quotes

There are multiple methods to compare car insurance quotes, but one way is easier and takes less work. You can waste hours talking to insurance companies in your area, or you can stay home and use online quoting to quickly compare rates.

Many companies participate in an industry program where insurance shoppers send in one quote, and each company returns a rated price determined by their information. This saves time by eliminating quotation requests to each company.

To participate in this free quote system, click here to start a free quote.

The one downside to using this type of system is you cannot specify the companies to receive prices from. If you prefer to choose from a list of companies for rate comparison, we have a page of the cheapest car insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just make absolute certain that you use nearly identical coverage limits for each comparison quote. If you use different coverage information it will be very difficult to decipher which rate is best.

More discounts mean cheap premiums

Auto insurance companies do not list every discount they offer in a way that’s easy to find, so we took the time to find both well-publicized and the more hidden credits available to lower your premiums when you buy auto insurance online.

  • One Accident Forgiven – This one isn’t a discount, but a few companies such as Allstate and State Farm permit an accident without the usual rate increase with the catch being you have to be claim-free for a set time period.
  • Seat Belt Discounts – Drivers who require all occupants to fasten their seat belts could save 15% off the medical payments premium.
  • Multiple Cars – Having primary and secondary vehicles on one policy may reduce the rate for each vehicle.
  • Discount for Low Mileage – Driving less may enable drivers to earn cheaper prices.
  • Early Payment Discounts – By paying your entire bill at once as opposed to paying monthly you may reduce your total bill.
  • Student in College – who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Discount for Swiching Early – Some insurance coverage companies reward drivers for signing up prior to your current policy expiration. It can save you around 10%.
  • Auto/Home Discount – If you have multiple policies and place coverage with the same company they may give you a discount of at least 10 to 15 percent or more.
  • Professional Memberships – Being in a civic or occupational organization could trigger savings on your policy.

You can save money using discounts, but some credits don’t apply to the entire policy premium. Most cut individual premiums such as liability, collision or medical payments. So despite the fact that it appears adding up those discounts means a free policy, you aren’t that lucky.

A few companies that may offer these money-saving discounts may include but are not limited to:

Before purchasing a policy, check with each company or agent which credits you are entitled to. Some of the earlier mentioned discounts might not be available to policyholders in your area. To view insurance coverage companies with discount rates, click this link.

It’s not one size fits all

When it comes to buying the right insurance coverage for your vehicles, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. These are some specific questions may help highlight whether you might need an agent’s assistance.

  • Do I need motorclub coverage?
  • How many claims can I have before being cancelled?
  • Do I need to file an SR-22 for a DUI in my state?
  • If my pet gets injured in an accident are they covered?
  • What is no-fault insurance?
  • Should I drop comprehensive coverage on older vehicles?
  • When would I need rental car insurance?
  • What discounts do I qualify for?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Learn about insurance coverages for a 2017 Toyota Yaris

Understanding the coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types offered by insurance companies.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Toyota Yaris.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually these coverages do not exceed the liability coverage limits.

Collision insurance

This pays for damage to your Yaris resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as crashing into a building, crashing into a ditch, sideswiping another vehicle and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Liability

Liability coverage protects you from injuries or damage you cause to a person or their property. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims like loss of income, bail bonds, pain and suffering, medical services and court costs. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Coverage for medical payments

Med pay and PIP coverage reimburse you for expenses for things like doctor visits, ambulance fees, dental work and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverages

Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from flooding, theft, hail damage and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.