Save Money on Toyota Prius Insurance in Scottsdale

The best way we recommend to get more affordable Toyota Prius insurance in Scottsdale is to start doing an annual price comparison from providers that insure vehicles in Arizona. Prices can be compared by following these steps.

  1. Try to learn a little about individual coverages and the steps you can take to prevent high rates. Many rating criteria that drive up the price like traffic violations, accidents, and a less-than-favorable credit score can be controlled by making minor changes in your lifestyle.
  2. Quote rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from a single company like Progressive or State Farm, while agents who are independent can quote rates for a wide range of companies.
  3. Compare the new quotes to your existing policy to determine if switching companies saves money. If you find a lower rate and decide to switch, verify that coverage does not lapse between policies.

One bit of advice is that you’ll want to compare identical coverages on each quote request and and to get rates from as many auto insurance providers as possible. This ensures an apples-to-apples comparison and a complete price analysis.

Insurance quote for Toyota Prius in ScottsdaleRegrettably, the vast majority of consumers kept their coverage with the same insurance company for at least the last four years, and just short of a majority have never compared rates with other companies. The average driver in Arizona could save an average of almost $733 each year just by comparing rates, but they underestimate the actual amount they would save if they moved their coverage to a different company.

Finding and comparing the lowest cost protection in Scottsdale is not as hard as you may think. If you are already insured or just want to save money, use these tips to get lower rates while maintaining coverages. Drivers just need to understand the fastest way to get comparison quotes online.

Toyota Prius insurance rate analysis

The premium table displayed next outlines a range of policy rates for Toyota Prius models. Being able to understand how car insurance premiums are calculated can help guide drivers when making smart choices when selecting a coverage provider.

Toyota Prius Insurance Rates in Scottsdale, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $206 $308 $260 $16 $78 $868 $72
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Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Price estimates do not factor in specific Scottsdale garaging location which can influence coverage prices greatly.

Comparison of policy deductibles

A question often asked by Scottsdale drivers is which comprehensive and collision deductibles to buy. The comparison tables below show the rate difference when you choose different coverage deductibles. The first set of rates uses a $100 deductible for comprehensive and collision coverage and the second rate table uses a $500 deductible.

Toyota Prius insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $292 $466 $254 $16 $76 $1,129 $94
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Toyota Prius insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $212 $314 $254 $16 $76 $872 $73
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate quotes do not factor in specific location which can change coverage rates noticeably.

Based on the figures above, using a $100 deductible will cost you about $21 more each month or $252 for a full year across all Toyota Prius models than selecting the higher $500 deductible. Since the policyholder would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you usually have more than 19 months between claims, you would more than likely save some money by going with a higher deductible.

How to calculate if higher deductibles make sense

Average monthly premium for $100 deductibles: $94
Average monthly premium for $500 deductibles (subtract): – $73
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

The chart below highlights how deductible selection and can change Toyota Prius annual premium costs for each different age category. The prices are based on a married male driver, comp and collision included, and no discounts are applied.

Seven Tips to Get More Affordable Scottsdale Insurance Costs

An important part of buying insurance is that you know some of the elements that aid in calculating your policy premiums. When consumers understand what determines base rates, this empowers consumers to make smart changes that could help you find big savings. Many different elements are part of the equation when premium rates are determined. Some are obvious like a motor vehicle report, but some are less apparent such as your credit history or how safe your car is.

Listed below are a partial list of the pieces car insurance companies consider when setting your rates.

Low comp and collision deductibles can be expensive – Comprehensive and collision coverage deductibles represent how much money you are willing to pay out-of-pocket before a claim is paid by your company. Protection for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are rear-ending another vehicle, hail damage, and damage caused by road hazards. The more money you pay before a claim is paid (deductible), the less your company will charge you for insurance.

Eliminate unneeded add-on coverages – There are many extra bells and whistles you can purchase if you aren’t diligent. Coverages for rental car reimbursement, towing coverage, and extra life insurance coverage are probably not needed. They may seem good at first, but if they’re wasting money think about removing them and cutting costs.

Single drivers may have higher costs – Having a significant other can get you a discount when shopping for car insurance. It is viewed as being more responsible it has been statistically shown that married drivers tend to file fewer claims.

Certain jobs raise prices – Jobs like real estate brokers, business owners, and emergency personnel tend to have the highest rates attributed to high stress and long work days. On the flip side, professions such as scientists, students and retirees pay the least.

Pleasure use saves money – The more miles you rack up on your Toyota annually the more you will pay for car insurance. Many insurance companies apply a rate based upon how the vehicle is primarily used. Vehicles that have low annual miles can be on a lower rate level than those used for commuting. It’s a smart idea to ensure your car insurance coverage is rated on the proper vehicle usage. An improperly rated Prius can cost quite a bit.

Do thieves like your car? – Choosing to buy a car that has a built-in theft deterrent system can get you a discount on your car insurance. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart your vehicle from being stolen.

Men tend to take more risk – Statistics demonstrate that females tend to be a little less risky than males. It does not mean men are WORSE drivers than women. They both are responsible for auto accidents at about the same rate, but the men tend to have more serious accidents. Not only that, but men also get cited for more serious violations like reckless driving and DUI.

The chart below shows the comparison of Toyota Prius insurance costs for male and female drivers. The data is based on no accidents, no driving violations, comp and collision included, $250 deductibles, single marital status, and no policy discounts are applied.

Toyota Prius claim probability – Companies include the past claim history for a vehicle when they file their rates in each state. Models that are shown to have a trend towards higher claim severity or frequency will have higher premium rates. The table below shows the compiled insurance loss statistics for Toyota Prius vehicles.

For each type of coverage, the claim probability for all vehicles averaged together is considered to be 100. Numbers that are below 100 imply a favorable loss record, while values over 100 indicate a higher chance of having a claim or tendency to have higher losses.

Insurance Loss Ratings for Toyota Prius Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Prius C Hybrid 113 100 87 120 121 113
Toyota Prius Hybrid 101 97 98 103 118 103
Toyota Prius Plug-in Hybrid 98 89 87 106 114 93
Toyota Prius V Hybrid 94 86 88 88 94 97

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Scottsdale car insurance company ratings

Insuring your vehicle with the highest-rated insurance provider is difficult considering how many different companies sell coverage in Arizona. The company information below could help you choose which car insurance providers you want to consider when shopping your coverage around.

Top 10 Scottsdale Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. The General
  8. Titan Insurance
  9. Progressive
  10. Mercury Insurance

Cover all your bases

We just showed you a lot of tips how to compare Toyota Prius insurance car insurance rates in Scottsdale. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the biggest savings come from some of the smallest insurance companies.

Lower-priced insurance in Scottsdale can be found both online as well as from independent agents in Scottsdale, so you should compare both to get a complete price analysis. Some insurance companies may not have rate quotes online and most of the time these regional insurance providers only sell through local independent agencies.

As you shop your coverage around, never reduce coverage to reduce premium. There have been many situations where someone sacrificed physical damage coverage and learned later that their decision to reduce coverage ended up costing them more. The aim is to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.

Additional detailed information can be read in these articles: