Car Insurance Quotes for a Toyota Prius in Seattle

Insurance quote for Toyota Prius in SeattleHow many times have you said it’s time to compare the cheapest Toyota Prius insurance in Seattle? Trying to find cheaper insurance for a new or used Toyota Prius in Washington could be a painful process, but you can learn a few tricks to save time.

There are more efficient ways to find auto insurance online and you need to know the best way to quote coverages for a new or used Toyota and locate the lowest possible price from both online companies and Seattle agents.

You should make it a habit to check auto insurance prices before your policy renews since prices change frequently. Just because you had the best quotes on Toyota Prius insurance in Seattle a year ago a different company probably has better rates today. Ignore everything you know about auto insurance because you’re about to learn the best way to find great coverage at a great price.

Comparing quotes for the lowest-priced car insurance coverage in Seattle is actually quite simple. If you have a policy now or just want to save money, use these cost-cutting techniques to reduce premiums without having to cut coverage. Smart buyers just need to understand how to compare insurance rates online.

Informed Consumers Can Slash Their Insurance Premiums

Many things are part of the calculation when you get a price on insurance. A few of the factors are predictable like a motor vehicle report, but others are not quite as obvious like your continuous coverage or how safe your car is. When buying insurance it’s important to understand the different types of things that help determine the level of your policy premiums. If you understand what influences your rates, this enables you to make decisions that will entitle you to much lower annual insurance costs.

The items below are some of the major factors used by your company to calculate your premiums.

Traffic violations are costly – Being a careful driver impacts premiums far more than you think. Just one ticket may increase your cost by as much as twenty percent. Good drivers get better rates than their less careful counterparts. Drivers who have received license-revoking tickets such as DUI, reckless driving or excessive speeding might be required by their state to maintain a SR-22 with their state’s department of motor vehicles in order to continue driving.

Maintain insurance coverage – Driving with no insurance is a misdemeanor and insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with the Washington motor vehicle department.

See if your company offers a multi-policy discount – Many insurance companies will give better rates for people that buy multiple policies in the form of a multi-policy discount. Even with this discount applied, drivers will still want to compare other Seattle Prius insurance rates to verify if the discount is saving money.

How much liability insurance do you need? – Your policy’s liability coverage will afford coverage if ever you are found to be at fault for personal injury or accident damage. Liability provides you with a defense in court starting from day one. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.

Lower premiums for safer vehicles – Vehicles that have high safety ratings tend to have lower insurance rates. Safer cars reduce the chance of injuries and reduced instances of injuries means lower claim amounts which can mean better rates for you. If your Toyota Prius has at least four stars on or an “acceptable” rating on it is probably cheaper to insure.

Low coverage deductibles mean high rates – Your deductibles represent how much money you are required to spend if a claim is determined to be covered. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims are rearending another vehicle, collision with a deer, and damage from wind. The larger the amount you’re willing to pay, the bigger discount you will receive.

Occupation and insurance rates – Jobs like military personnel, social workers and emergency personnel generally pay higher rates than average because of job stress and long work days. On the flip side, occupations such as professors, athletes and performers generally pay rates lower than average.

Loss probability for a Toyota Prius – Insurance companies include the past claim history for a vehicle to help determine costs. Vehicles that are shown to have higher prevalence or dollar amount of losses will cost more for coverage. The next table illustrates the actual insurance loss data for Toyota Prius vehicles.

For each insurance policy coverage type, the loss probability for all vehicles, without regard to make or model, is equal to 100. Percentage numbers below 100 indicate better than average losses, while percentages above 100 indicate higher probability of having a loss or tendency to have higher losses.

Insurance Loss Ratings for Toyota Prius Vehicles

Specific Toyota 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

How to buy Toyota Prius insurance in Seattle

The companies in the list below offer free quotes in Washington. If several companies are displayed, we suggest you visit several of them in order to get a fair rate comparison.

Toyota Prius Insurance Costs in Seattle, WA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $204 $356 $304 $18 $90 $972 $81
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Washington minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Price information does not factor in the specific area where the vehicle is garaged which can raise or lower price quotes substantially.

Policy deductible comparison

One frequently asked question is the level to set your comp and collision deductibles. The comparison tables below sum up the premium difference when you buy lower versus higher policy deductibles. The first table uses a $250 physical damage coverage deductible and the second data table uses a $500 deductible.

Toyota Prius insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $258 $384 $250 $14 $76 $1,007 $84
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Toyota Prius insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $208 $310 $250 $14 $76 $858 $72
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Rates do not factor in Seattle location which can raise or lower coverage prices significantly.

Based on the data above, we can derive that using a $250 deductible will cost you about $12 more each month or $144 every year than selecting the higher $500 deductible. Since you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally go at a minimum 21 months between claim filings, you would probably come out ahead if you opt for a higher deductible. The illustration below shows how this calculation is made.

Average monthly premium for $250 deductibles: $84
Average monthly premium for $500 deductibles (subtract): – $72
Monthly savings from raising deductible: $12
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $12
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

Male drivers compared to female drivers in Seattle

The chart below visualizes the comparison of Toyota Prius auto insurance costs for male and female drivers. The premium estimates are based on a clean driving record, no claims, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no discounts are applied.

Full coverage versus liability only rates

The illustration below examines Toyota Prius insurance prices with full coverage compared to only the Washington minimum liability coverage. The prices are based on no tickets, no at-fault accidents, $1,000 deductibles, married male driver, and no discounts are applied.

Should you pay for full coverage or liability only?

There is no set rule to stop paying for physical damage coverage, but there is a broad guideline. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Toyota Prius replacement cost is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after the deductible is paid. If premium cost is more than $700 annually for full coverage, then you might want to think about dropping full coverage.

There are some scenarios where dropping physical damage coverage is not in your best interest. If you still owe money on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not buy liability only.

Why insurance is not optional

Even though Seattle Prius insurance rates can get expensive, insurance is a good idea for several reasons.

The benefits of having insurance more than offset the price you pay, especially when you need to use it. An average driver in America is wasting up to $865 each year so it’s recommended you shop around at least once a year to save money.

Don’t overlook these Toyota Prius insurance discounts

Companies do not list all available discounts in an easy-to-find place, so we break down a few of the more common and the more hidden credits available to you.Save money with discounts

One last thing about discounts, some of the credits will not apply to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. So even though you would think adding up those discounts means a free policy, it just doesn’t work that way.

To locate auto insurance companies that offer discounts in Washington, follow this link.

Insurance agent or online?

A small number of people just want to get advice from a local agent and we recommend doing that Insurance agents are very good at helping people manage risk and help submit paperwork. The biggest benefit of getting free rate quotes online is that you can find the lowest rates and still choose a local agent. Buying from and supporting neighborhood agents is especially important in Seattle.

Seattle insurance agentsTo make it easy to find an agent, after completing this simple form, your information gets sent to participating agents in Seattle who will give competitive quotes and help you find cheaper coverage. You won’t need to search for any insurance agencies because quoted prices will be sent instantly to you. If you need to compare rates from a particular provider, don’t hesitate to search and find their rate quote page and submit a quote form there.

Below is a short list of auto insurance companies in Seattle willing to provide comparison quotes for Toyota Prius insurance in Seattle.

View more agents

Picking the best insurer needs to be determined by more than just a cheap price. Get answers to these questions too.

Situations that may require an agent’s advice

When it comes to your policy for your vehicles, there really is no single plan that fits everyone. Every insured’s situation is different.Auto insurance savings

These are some specific questions may help highlight whether you will benefit from professional help.

If you’re not sure about those questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Smart consumers save more

Budget-conscious Toyota Prius insurance can be purchased from both online companies and also from your neighborhood Seattle agents, and you should compare rates from both to have the best selection. Some insurance providers do not provide rates over the internet and many times these smaller providers sell through independent agents.

We just showed you many ways to lower your Toyota Prius insurance car insurance rates in Seattle. The key thing to remember is the more companies you get premium rates for, the more likely it is that you will get a better rate. You may even find the best price on insurance is with the least-expected company.

Insureds switch companies for a number of reasons such as delays in responding to claim requests, unfair underwriting practices, not issuing a premium refund or even poor customer service. It doesn’t matter what your reason, finding a great new company can be pretty painless.

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