Compare 2011 Toyota Yaris Insurance Quotes

Looking for the cheapest auto insurance rates for your Toyota Yaris? Have you had enough of not being able to afford to pay your car insurance bill each month? Your situation is no different than the majority of other car owners.

You have so many insurance companies to choose from, and although it’s nice to have a choice, so many choices can make it hard to compare rates and find the lowest cost auto insurance.

The purpose of this article is to teach you how to get online quotes and some tricks to saving. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Nevertheless, vehicle owners do need to learn how insurance companies sell insurance online and take advantage of how the system works.

How to Buy Car Insurance Online

Most companies give pricing on their websites. The process doesn’t take a lot of time as you simply type in your coverage preferences as requested by the quote form. After you complete the form, the system pulls credit information and your driving record and generates pricing information determined by many factors. This streamlines rate comparisons, but the time it takes to visit different websites and complete many quote forms can be a bit repetitive. But it’s very important to perform this step in order to get the lowest car insurance rates.

A more efficient way to find lower prices makes use of a single form to return rates from several companies at one time. It saves time, eliminates repetitive work, and makes online quotes a lot less work. After your information is entered, your coverage is rated and you are able to buy any of the price quotes you receive.

If the quotes result in lower rates, you simply finish the application and purchase coverage. It takes just a few minutes to complete and may result in a nice savings.

To find out how much you can save on car insurance, click here to open in new window and complete the simple form. If you have a policy now, it’s recommended you copy coverages and limits identical to your current policy. Using the same limits helps guarantee you will get an apples-to-apples comparison based on similar coverages.

Are auto insurance companies telling the truth?

State Farm and Allstate regularly use ads on TV and radio. All the companies say the same thing of big savings if you move to their company. How can each company make almost identical claims?

Different companies have a preferred profile for the type of driver that earns them a profit. A good example of a driver they prefer might be between the ages of 40 and 55, owns a home, and has great credit. A customer that hits that “sweet spot” gets the lowest rates and most likely will save when switching.

Potential customers who fall outside the “perfect” profile must pay higher prices and this can result in business not being written. The ads state “customers who switch” not “everybody who quotes” save that much money. This is how insurance companies can claim big savings.

This illustrates why drivers should get quotes from several different companies. It’s impossible to know which auto insurance company will have the lowest Toyota Yaris insurance rates.

Toyota Yaris insurance premiums are calculated by many factors

Smart consumers have a good feel for the factors that play a part in calculating auto insurance rates. Understanding what influences your rates empowers consumers to make smart changes that could result in big savings.

Shown below are a partial list of the pieces used by your company to calculate premiums.

  • Do men or women drive better? – Statistics demonstrate that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. Men and women have accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also tend to get more serious tickets such as reckless driving.
  • Do you have a high stress job? – Occupations like real estate brokers, executives and accountants tend to have higher rates than average due to job stress and lengthy work days. On the flip side, professions such as actors, athletes and the unemployed receive lower rates for Yaris insurance.
  • Multiple policies with one company can save – Some auto insurance companies will award you with lower prices to people who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, you may still want to shop around to make sure you are getting the best deal.
  • Older drivers save more – More mature drivers tend to be more responsible, file fewer claims and are safer drivers. Teen drivers are statistically proven to be careless and easily distracted when driving therefore auto insurance rates are much higher.
  • Pay less after the wedding – Having a wife or husband can get you a discount on your policy. Marriage translates into being more mature it has been statistically shown that married couples file fewer claims.
  • Liability coverage is cheap – The liability section of your policy will protect you if ever you are found liable for causing damage or personal injury in an accident. It will provide you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Never let your coverage lapse – Allowing your auto insurance policy to lapse is a quick way to pay more for auto insurance. And not only will insurance be more expensive, getting caught without coverage might get you a steep fine or even jail time.

Take advantage of discounts

Car insurance can cost a lot, but you can get discounts that you may not know about. Larger premium reductions will be automatically applied when you purchase, but lesser-known reductions have to be asked about before they will apply.

  • Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for Yaris insurance than drivers with accidents.
  • Homeowners Savings – Being a homeowner can save you money because owning a home requires personal responsibility.
  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a set time period.
  • Good Student – This discount can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you will save 10% to 20% off each policy.
  • Resident Student – Youth drivers living away from home attending college and don’t have a car can receive lower rates.
  • Seat Belts Save – Drivers who require all occupants to use a seat belt can save up to 15% off the personal injury premium cost.
  • Service Members Pay Less – Being on active duty in the military can result in better rates.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Low Mileage – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.

As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. So when the math indicates it’s possible to get free car insurance, you won’t be that lucky. But all discounts will reduce the amount you have to pay.

To see a list of companies with discount insurance coverage rates, click this link.

How to know if you need help

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions can help discover if you might need an agent’s assistance.

  • Does medical payments coverage apply to all occupants?
  • I don’t drive much so do I pay less?
  • When should I drop full coverage on my 2011 Toyota Yaris?
  • How much liability insurance is required?
  • Am I covered by my spouse’s policy after a separation?
  • Is motorclub coverage worth it?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Is upholstery damage covered by car insurance?
  • Should I drop comprehensive coverage on older vehicles?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Auto insurance coverage information

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages offered by car insurance companies.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with another moving vehicle, damaging your car on a curb, sustaining damage from a pot hole, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Coverage for medical expenses

Med pay and PIP coverage reimburse you for immediate expenses for things like doctor visits, pain medications and nursing services. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Liability insurance

This will cover injuries or damage you cause to a person or their property in an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as medical services, structural damage, court costs and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants 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 should not be overlooked. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive car insurance

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from flooding, theft, damage from getting keyed and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

In conclusion

When buying insurance coverage, it’s a bad idea to reduce needed coverages to save money. In many instances, an accident victim reduced physical damage coverage only to regret at claim time they didn’t purchase enough coverage. The aim is to buy a smart amount of coverage at the best price, not the least amount of coverage.

In this article, we presented a lot of tips how to lower your 2011 Toyota Yaris insurance rates. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the best price on insurance is with some of the lesser-known companies. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as Progressive and Geico.

Additional insurance information is available at the links below