Compare Toyota Prius Insurance Rates in Virginia Beach

If saving the most money is your goal, then the best way to get cheaper Toyota Prius insurance is to start doing a yearly price comparison from insurance carriers who sell insurance in Virginia Beach. This can be done by following these steps.

1. It will benefit you to learn about individual coverages and the steps you can take to prevent expensive coverage. Many factors that result in higher prices like speeding tickets, careless driving and a negative credit history can be controlled by improving your driving habits or financial responsibility. This article gives more details to help keep prices low and find overlooked discounts.
2. Obtain price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like Progressive and State Farm, while independent agencies can provide prices from multiple companies.
3. Compare the new rates to the price on your current policy to see if a cheaper price is available in Virginia Beach. If you find better rates and change companies, make sure there is no lapse between the expiration of your current policy and the new one.

The most important part of shopping around is that you use the same coverage limits and deductibles on every price quote and and to get rate quotes from as many carriers as you can. Doing this enables a level playing field and a better comparison of the market.

It’s an obvious assumption that insurance companies don’t want their customers to go rate shopping. Drivers who shop for lower prices will, in all likelihood, switch companies because of the high probability of finding lower prices. A survey found that consumers who compared rates once a year saved an average of $850 each year compared to drivers who never shopped around for lower prices.

If saving the most money on Toyota Prius insurance is your goal, then having some insight into how to get free comparison quotes and analyze cheaper coverage can help you be more efficient.

The quickest way to compare rates for Toyota Prius insurance in Virginia Beach is to know most insurance companies provide online access to compare rate quotes. To begin a comparison, all you need to do is provide information such as if you require a SR-22, whether the vehicles are used for commuting, how much school you completed, and if you’re married. That rating information is sent automatically to many of the top insurers and they return quotes very quickly.

To get price quotes for your Toyota Prius now, click here and see if a lower rate is available in Virginia Beach.

The companies shown below have been selected to offer comparison quotes in Virginia. To locate the best auto insurance in Virginia Beach, we suggest you visit two to three different companies to get the best price comparison.

Toyota Prius coverage statistics

The rate table displayed below highlights a range of prices for Toyota Prius models. Having a good grasp of how auto insurance prices are calculated can be valuable when making informed decisions when comparing rates.

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Prices do not factor in specific garaging location which can modify price quotes substantially.

Should you raise deductibles?

The hardest decision when buying coverage is how high should the physical damage coverage deductibles be. The comparisons below approximate how much more you’ll pay when you select higher and lower comp and collision deductibles. The first set of rates uses a $100 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Price estimates do not factor in specific Virginia Beach garaging location which can impact coverage prices significantly.

Based on this data, using a $100 deductible will cost you approximately $27 more each month or $324 a year than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at a minimum 33 months between claim filings, you would save more money if you decide on a higher deductible. Here’s how you can perform this determination yourself.

An important sidenote is that raising deductibles to save money means you will have to pay more of your own money when you have a claim. You need to have some extra savings in the event you have to pay the deductible for vehicle repair.

Here’s why auto insurance is not optional

Even though it can be expensive, auto insurance is mandatory in Virginia but it also protects more than you think.

• Just about all states have minimum mandated liability insurance limits which means you are required to buy a minimum amount of liability insurance coverage in order to get the vehicle licensed. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
• If you bought your Prius with a loan, most banks will require you to buy full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Toyota at a much higher premium rate and force you to reimburse them for the expensive policy.
• Auto insurance preserves not only your Toyota but also your assets. It will also reimburse you for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to have it repaired.

The benefits of carrying enough insurance definitely exceed the cost, especially with large liability claims. But the average American driver is currently overpaying as much as $830 a year so you should quote rates at every renewal to help ensure money is not being wasted.

Discounts mean cheaper rates for Toyota Prius insurance in Virginia Beach

Companies offering auto insurance don’t necessarily list all possible discounts in an easy-to-find place, so we researched some of the more common and also the lesser-known insurance savings.

• Smart Student Discounts – Being a good student can earn a discount of 20% or more. Most companies allow this discount well after school through age 25.
• ABS Braking Discount – Cars, trucks, and SUVs equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.
• Claim Free – Virginia Beach drivers who stay claim-free have much lower rates when compared to policyholders that have many claims.
• Home Ownership Discount – Just being a homeowner may earn you a small savings since owning and maintaining a home means you have a higher level of financial diligence.
• Good Driver Discounts – Drivers who don’t get into accidents can pay as much as 50% less than their less cautious counterparts.
• Low Miles Discount – Driving fewer miles could be rewarded with cheaper premium rates.
• No Charge for an Accident – This isn’t a discount exactly, but companies like GEICO and Allstate will turn a blind eye to one accident before raising your premiums if your claims history is clear prior to being involved in the accident.
• Discount for Life Insurance – Insurance companies who offer life insurance give a small discount if you purchase life insurance.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if it’s offered in school.
• Onboard Data Collection – Virginia Beach drivers who agree to allow their company to spy on when and where they use their vehicle by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot may see discounts as long as the data is positive.

You should keep in mind that most of the big mark downs will not be given to the entire policy premium. Most cut the price of certain insurance coverages like collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

The chart below illustrates the comparison of Toyota Prius car insurance costs with and without discounts applied to the policy premium. The prices are based on a male driver, a clean driving record, no at-fault accidents, Virginia state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, claim-free, safe-driver, multi-car, and multi-policy discounts applied.

To locate insurance companies who offer insurance discounts in Virginia Beach, click here.

Auto insurance agents are trained to help

A lot of people would prefer to talk to a local agent and that is just fine! Licensed agents can point out coverage gaps and will help you if you have claims. The best thing about comparing rate quotes online is the fact that you can find cheap rate quotes and still choose a local agent.

Once you complete this quick form, the coverage information is instantly submitted to companies in Virginia Beach that can give you free Virginia Beach car insurance quotes for your insurance coverage. There is no reason to contact any insurance agencies due to the fact that quote results will go straight to your inbox. If you wish to compare rates from a specific company, you can always navigate to their website and fill out their quote form.

Finding the right insurance company is decision based upon more than just the bottom line cost. The following questions are important to ask.

• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Do they get extra compensation for selling add-on coverages?
• Does the agency have a good rating with the Better Business Bureau?
• Does the agency provide any after hours assistance?
• If you raise deductibles, how much can you save?
• Do they offer accident forgiveness?

If you want an insurance agent, you should know the different types of agents that differ in how they can insure your vehicles. Agents in Virginia Beach are considered either exclusive agents or independent agents. Either one can sell affordable car insurance policies, but it’s important to point out the difference in the companies they write for because it may have an impact on the selection process.

Exclusive Insurance Agents

Agents of this type generally can only insure with one company and examples are Allstate, State Farm and Farm Bureau. Exclusive agents cannot provide prices from multiple companies so you might not find the best rates. They are very knowledgeable in insurance sales which helps them compete with independent agents. Consumers frequently choose to use a exclusive agent primarily because of the prominence of the brand rather than having low rates.

Listed below are Virginia Beach exclusive insurance agents that can give you rate quotes.

• Allstate Insurance: Ralph M. Rios
  2492 N Landing Rd #101 – Virginia Beach, VA 23456 – (757) 467-2800 – View Map
• Kimberly Hitchman – State Farm Insurance Agent
  3101 Virginia Beach Blvd #112 – Virginia Beach, VA 23452 – (757) 463-5480 – View Map
• Jessica Hester – State Farm Insurance Agent
  2247 W Great Neck Rd #102 – Virginia Beach, VA 23451 – (757) 481-1840 – View Map

More insurance agents

Independent Car Insurance Agents

Agents of this type often have affiliation with several companies and that allows them to write policies with many different companies depending on which coverage is best. If they quote lower rates, they simply switch companies in-house which makes it simple for you.

When searching for an agent, we highly recommend that you compare quotes from several independent insurance agents so that you can do a thorough price comparison. Most also have access to small mutual carriers that may provide cheaper car insurance rates.

Shown below is a list of independent insurance agencies in Virginia Beach who can help you get rate quotes.

• Wilson Insurance Agency, Inc
  1127 Crystal Lake Dr – Virginia Beach, VA 23451 – (757) 491-8953 – View Map
• Cheeks Insurance Agency
  4968 Euclid Rd e – Virginia Beach, VA 23462 – (757) 309-1850 – View Map
• Nationwide Insurance: Matthew Clifton Roenker Agency
  4870 Haygood Rd Ste 108 – Virginia Beach, VA 23455 – (757) 671-1111 – View Map

More insurance agents

After getting reasonable responses to these questions in addition to an acceptable price estimate, most likely you have located an insurance agent that can be trusted to provide car insurance coverage. Just be aware that it’s your policy and you can terminate your policy for any reason so don’t assume that you are obligated to a specific company with no way out.

Car insurance policy coverages for a Toyota Prius

Knowing the specifics of your policy aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Toyota Prius.

Since many Virginia drivers only carry the minimum required liability limits (Virginia limits are 25/50/20), their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverage – Collision insurance covers damage to your Prius from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as damaging your car on a curb, crashing into a building, backing into a parked car, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to increase the deductible on your Prius to bring the cost down.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like chiropractic care, X-ray expenses and surgery. They can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hail damage, falling objects, hitting a deer and a broken windshield. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for liability – Liability insurance can cover injuries or damage you cause to other’s property or people. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/20 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $20,000.

Liability insurance covers things like medical services, pain and suffering and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford. Virginia requires drivers to carry at least 25/50/20 but it’s recommended drivers buy more coverage.

The next chart shows why low liability limits may not be enough coverage.

One last thing about your coverage

When searching for affordable Virginia Beach car insurance quotes, never reduce needed coverages to save money. In many instances, an insured dropped uninsured motorist or liability limits and discovered at claim time that they should have had better coverage. The proper strategy is to find the BEST coverage at a price you can afford and still be able to protect your assets.

Budget-conscious Toyota Prius insurance can be purchased online and from local agencies, so you need to quote Virginia Beach car insurance with both in order to have the best price selection to choose from. There are still a few companies who do not provide internet price quotes and most of the time these smaller providers prefer to sell through local independent agents.

People who switch companies do it for a variety of reasons including policy cancellation, being labeled a high risk driver, lack of trust in their agent and delays in paying claims. It doesn’t matter what your reason, choosing a new company can be easier than you think.

More learning opportunities

• What is Full Coverage? (Allstate)
• What Car Insurance is Cheapest for Drivers Under 21 in Virginia Beach? (FAQ)
• How Much are Car Insurance Rates for Drivers Requiring a SR22 in Virginia Beach? (FAQ)
• Who Has Affordable Virginia Beach Auto Insurance Quotes for Electric Cars? (FAQ)
• How Much is Virginia Beach Auto Insurance for a Honda Civic? (FAQ)
• Who Has Affordable Virginia Beach Auto Insurance for 16 Year Olds? (FAQ)
• Who Has Affordable Car Insurance Rates for a Subaru Outback in Virginia Beach? (FAQ)
• Who Has Affordable Virginia Beach Auto Insurance for Used Cars? (FAQ)
• Who Has Cheap Virginia Beach Auto Insurance Quotes for Infrequent Drivers? (FAQ)
• Who Has the Cheapest Virginia Beach Car Insurance Rates for Immigrants? (FAQ)
• Child Safety FAQ (iihs.org)
• Safety Belts FAQ (iihs.org)