2015 Scion FR-S Insurance Rates – 6 Ways to Save

Want cheaper insurance rates for your Scion FR-S? Nobody likes having to buy insurance, especially knowing their premiums are through the roof. Big companies like State Farm, Progressive and Geico continually bombard you with ads and it is difficult to ignore the propoganda and effectively compare rates to find the best deal.

It’s a great practice to check insurance prices every six months because prices are variable and change quite frequently. Even if you think you had the best deal for FR-S insurance last year other companies may now be cheaper. Block out anything you think you know about insurance because you’re about to learn the best methods to save money, get proper deductibles and limits, all at the lowest rate.

How to Compare Insurance Coverage Quotes

Finding a lower price on 2015 Scion FR-S insurance isn’t really that difficult. Just take a few minutes comparing rate quotes online with multiple companies. This can be accomplished in a couple of different ways.

  1. The recommended way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This method eliminates the need for repetitive form entry for each company. One form submission will get you rate comparisons instantly.
  2. A harder way to find lower rates is going to each company website and fill out their own quote form. For instance, we’ll pretend you want to compare Nationwide, Progressive and Geico. To find out each rate you need to spend time on each company’s site to input your insurance information, which is why the first method is more popular.

    To view a list of companies in your area, click here.

  3. The least recommended way to compare rates is driving around to different agent offices. The internet eliminates the need for an insurance agent unless you have a need for the personal advice that only a license agent can provide. However, consumers can compare online quotes but still have the advice of a local agent.

Whichever way you use, ensure you are comparing identical quote information with every price quote. If you have different limits and deductibles on each one then you won’t be able to determine which rate is truly the best.

Advertising myths

Consumers constantly see and hear ads for cheaper car insurance from companies such as State Farm, Allstate and Geico. They all say the same thing that you’ll save big if you move your policy.

How can each company make the same claim?

All the different companies are able to cherry pick for the type of customer that earns them a profit. An example of a preferred risk might be over the age of 50, a clean driving record, and has a short commute. A customer who matches those parameters will get very good rates and therefore will save when switching.

Consumers who don’t qualify for the “perfect” profile will have to pay a higher premium and ends up with business going elsewhere. The ads state “customers who switch” not “everybody who quotes” save that much money. That is how companies can make those claims. Because of the profiling, drivers must quote coverage with many companies. It is impossible to predict which auto insurance company will have the lowest Scion FR-S insurance rates.

Be sure to get all your discounts

Companies don’t list all their discounts in a way that’s easy to find, so we took the time to find both the well known and the more hidden savings tricks you should be using. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Early Signing – Some companies give discounts for switching policies before your current policy expires. This can save 10% or more.
  • Drive Less and Save – Driving fewer miles could qualify for discounted rates on garaged vehicles.
  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less for FR-S insurance than drivers with accidents.
  • Multiple Cars – Buying insurance for all your vehicles on one policy qualifies for this discount.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.

It’s important to understand that some credits don’t apply to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like you could get a free auto insurance policy, you won’t be that lucky.

A partial list of companies that may offer some of the above discounts are:

Check with every prospective company how you can save money. Some discounts might not be offered everywhere.

How do I know if I need professional advice?

When choosing proper insurance coverage, there is no one size fits all plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that may help you determine whether your personal situation might need an agent’s assistance.

  • What if I owe more than I can insure my car for?
  • Am I covered when driving a rental car?
  • What is roadside assistance coverage?
  • Why is insurance for a teen driver so high?
  • Does coverage extend to Mexico or Canada?
  • Is my cargo covered for damage or theft?
  • Does my insurance cover a custom paint job?
  • Is my babysitter covered when using my vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area. It is quick, free and can help protect your family.

Coverages available on your policy

Knowing the specifics of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Coverage for liability – This coverage can cover damage or injury you incur to other people or property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability insurance covers claims like repair costs for stationary objects, attorney fees, legal defense fees and loss of income. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Scion FR-S.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Comprehensive coverages – Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, rock chips in glass, hitting a deer and a broken windshield. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision coverage – Collision coverage covers damage to your FR-S caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as sustaining damage from a pot hole, damaging your car on a curb, colliding with another moving vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Coverage for medical payments – Med pay and PIP coverage provide coverage for expenses such as rehabilitation expenses, pain medications and prosthetic devices. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

A tidy conclusion

In this article, we presented some good ideas how to save on 2015 Scion FR-S insurance. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with a smaller regional carrier. These companies may often insure only within specific states and give getter rates than their larger competitors like Progressive or Geico.

The cheapest insurance is attainable on the web as well as from independent agents, and you should be comparing both so you have a total pricing picture. Some insurance providers don’t offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

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