How long has it been since you compared quotes for the cheapest car insurance rates in Fort Wayne, IN? Fort Wayne buyers have a choice when searching for the best price on Toyota Prius insurance. They can either spend hours driving around getting price quotes or use the internet to compare rates. There is a right way and a wrong way to compare car insurance rates so we're going to tell you the absolute fastest way to price shop coverage on a Toyota and find the lowest price.
Unbelievably, most drivers have remained with the same car insurance company for four years or more, and roughly 40% of drivers have never even compared rates from other companies. Indiana insurance shoppers can cut their rates by almost $700 a year just by comparing rates, but they underestimate the benefits if they replace their high priced policy.
Companies offering Toyota Prius insurance in Indiana
The companies shown below have been selected to offer free rate quotes in Indiana. If multiple providers are shown, it's a good idea that you click on several of them in order to find the most affordable rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Premium costs do not factor in vehicle location which can increase or decrease coverage rates significantly.
Policy deductible comparison
The example below illustrates how your choice of deductibles and can change Toyota Prius insurance prices for each age group. The data assumes a married male driver, full coverage, and no additional discounts are factored in.
Insurance rate increases from tickets or accidents
The illustration below illustrates how speeding tickets and at-fault claims can impact Toyota Prius auto insurance rates for each age group. The price estimates are based on a married male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.
Do you qualify for discounts on Toyota Prius insurance in Fort Wayne?
Some insurers do not list all their discounts in a way that's easy to find, so here is a list both the well known and also the lesser-known savings tricks you should be using when you buy Fort Wayne car insurance online.
- Pay Now and Pay Less - By making one initial payment rather than paying in monthly installments you may have a lower total premium amount.
- No Accidents - Claim-free drivers pay much less when compared to insureds who have frequent claims or accidents.
- Drive Less and Save - Driving fewer miles can earn substantially lower rates.
- Seat Belts Save more than Lives - Forcing all vehicle occupants to buckle up could cut 10% or more off the PIP or medical payment premium.
- Safety Course Discount - Taking time to complete a safe driver course could earn you a small percentage discount and make you a better driver.
- Accident Waiver - Not necessarily a discount, but certain companies will allow you to have one accident before your rates go up with the catch being you have to be claim-free prior to the accident.
- Fort Wayne Homeowners Pay Less - Being a homeowner may earn you a small savings due to the fact that maintaining a home is proof of financial responsibility.
Discounts lower rates, but some of the credits will not apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. So when it seems like all those discounts means the company will pay you, that's just not realistic.
To find auto insurance companies with discount rates in Indiana, follow this link.
When to get advice from an insurance agent
A lot of people just want to buy from a licensed agent and there is nothing wrong with that. Insurance agents are very good at helping people manage risk and will help you if you have claims. A good thing about price shopping on the web is you can get better rates and still choose a local agent.
After completing this quick form, your information gets sent to companies in Fort Wayne that give free quotes to get your business. There is no need to drive around due to the fact that quote results will go immediately to you. In the event you want to get a rate quote for a specific company, just search and find their rate quote page and complete a quote there.
Selecting an provider shouldn't rely on just a cheap quote. Get answers to these questions too.
- Are they primarily personal or commercial lines agents in Fort Wayne?
- What is the financial rating for the quoted company?
- Who are their largest clients?
- Do they get extra compensation for selling add-on coverages?
- Are claims handled at the agent's location?
Insurance advertising gotchas
Indiana consumers can't avoid all the ads that claim the best rates from companies such as Allstate and Progressive. They all seem to convey the message that drivers can save some big amount just by moving your policy.
It sounds good, but how can they all offer drivers better rates?
Insurance companies have a certain "appetite" for the type of driver that will add to their bottom line. A good example of this type of insured might be described as between 25 and 40, insures multiple vehicles, and drives less than 10,000 miles a year. Anybody that matches those criteria is entitled to the best price and as a result will probably pay quite a bit less when switching companies.
People who are not a match for those criteria will see a higher premium which results in the customer not buying. The ad wording is "drivers that switch" not "all people who quote" can get the lowest rates when switching. That's why insurance companies can confidently make claims that they all have the best rates. This emphasizes why you need to get a wide range of price quotes. It is impossible to guess the company that will give you the biggest savings.
Do I just need basic coverages?
When quoting and comparing a policy, there really is not a one-size-fits-all type of policy. Your needs are unique to you.
These are some specific questions can aid in determining whether or not you might need professional guidance.
- Are split liability limits better than a combined single limit?
- When should I drop full coverage on my Toyota Prius?
- Am I covered when pulling a rental trailer?
- Is borrowed equipment or tools covered if stolen or damaged?
- Does my liability insurance cover pulling a trailer or camper?
- What happens if I owe more than my Toyota Prius is worth?
- Do I get a pro-rated refund if I cancel my policy early?
- Is my nanny covered when transporting my kids?
If you don't know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. If you don't have a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.
Auto insurance coverages 101
Knowing the specifics of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording.
Uninsured or underinsured coverage - This coverage protects you and your vehicle's occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Toyota Prius.
Because many people have only the minimum liability required by law (Indiana limits are 25/50/10), their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Auto liability - This coverage can cover damage or injury you incur to people or other property. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/10 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $10,000.
Liability can pay for things like funeral expenses, repair costs for stationary objects, emergency aid, legal defense fees and medical expenses. The amount of liability coverage you purchase is your choice, but it's cheap coverage so purchase as high a limit as you can afford. Indiana state minimum liability requirements are 25/50/10 but drivers should carry better liability coverage.
Comprehensive protection - Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as vandalism, hail damage and a broken windshield. The most you'll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.
Medical expense coverage - Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like X-ray expenses, ambulance fees and nursing services. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
Collision - This covers damage to your Prius from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers claims like colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle, rolling your car and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also raise the deductible on your Prius in order to get cheaper collision rates.
A little work can save a LOT of money
Insureds change insurance companies for many reasons like policy cancellation, unfair underwriting practices, denial of a claim and questionable increases in premium. Regardless of your reason, finding a great new company can be pretty painless.
In this article, we covered a lot of information how to get a better price on Toyota Prius insurance in Fort Wayne. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your prices. Consumers could even find that the best price on insurance is with a smaller regional carrier.
Cheaper Toyota Prius insurance in Fort Wayne can be found online and from local insurance agents, so get free Fort Wayne car insurance quotes from both of them in order to have the best chance of saving money. Some insurance companies don't offer rate quotes online and many times these regional carriers provide coverage only through local independent agents.
Even more information is located by following these links:
- Help Your Teen Be a Better Driver (State Farm)
- What is the Best Auto Insurance in Fishers, IN? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Teenagers in Indiana? (FAQ)
- How Much are Car Insurance Rates in Indiana? (FAQ)
- Who Has Affordable Car Insurance for a Dodge Ram in Indiana? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with Good Credit in Indiana? (FAQ)
- Teen Driver Statistics (Insurance Information Institute)
- Tools for Teen Driving Safety (State Farm)
- Car Insurance: When not to Skimp (BankRate.com)
- Reducing Your Risks in a Car Crash Video (iihs.org)