View 2013 Scion iQ Insurance Rates

Want lower auto insurance rates for your Scion iQ? Did you fall for a flashy sales pitch and buy overpriced auto insurance? Trust us, there are lots of people in the same boat. Consumers have many car insurance companies to purchase coverage from, and although it’s a good thing to have a choice, having more insurance companies makes it harder to find the lowest rates.

Pay less by taking advantage of discounts

Companies that sell car insurance don’t necessarily list all their discounts very well, so the following is a list of some of the more common as well as the least known discounts you could be receiving. If you don’t get every credit you deserve, you’re paying more than you need to.

  • 55 and Retired – Mature drivers may be able to get a discount up to 10% on iQ insurance.
  • No Claims – Claim-free drivers can save substantially when compared with bad drivers.
  • Paperless Signup – Certain companies will give a small break simply for signing online.
  • Driver Safety – Successfully completing a course teaching defensive driving skills could save 5% or more depending on where you live.
  • Drivers Education – Require your teen driver to enroll in driver’s education in high school.
  • More Vehicles More Savings – Having multiple cars or trucks on one policy could earn a price break for each car.
  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates on iQ insurance than drivers with accident claims.
  • Drive Less and Save – Low mileage vehicles could qualify for better rates on cars that stay parked.
  • Seat Belts Save – Requiring all passengers to wear their seat belts can save 10% or more off the personal injury premium cost.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. Most only cut the price of certain insurance coverages like comp or med pay. So even though it sounds like adding up those discounts means a free policy, you’re out of luck.

To see a list of insurance companies who offer insurance discounts, click here to view.

Compare Car Insurance Today

Most companies allow you to get price estimates directly from their websites. Getting online rates is fairly simple as you simply enter the coverage amounts you desire as detailed in the form. Once entered, their system collects information on your driving record and credit history and generates a price based on these factors. Being able to quote online makes comparing rates easy, but having to visit several different sites and complete many quote forms can be a bit tiresome and repetitive. Unfortunately, it is important to have as many quotes as possible in order to get the best price on car insurance.

There is an easier way!

The smarter way to lower your rates makes use of a single form to obtain quotes from more than one company. The form is fast, requires less work, and makes online quotes much easier to do. As soon as you send your information, it is quoted and you can select your choice of the quotes that you receive. If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. It can be completed in less than 10 minutes and may save quite a bit of money.

To fill out one form to compare multiple rates now, click here to open in new window and submit your coverage information. To compare your current rates, we recommend you type in the coverages as close as possible to your current policy. This helps ensure you are getting a fair comparison using the exact same coverages.

Scion iQ rates are in the details

It’s important that you understand the factors that come into play when calculating the price you pay for insurance coverage. Knowing what determines base rates helps enable you to make changes that may reward you with much lower annual insurance costs.

  • What are your deductibles? – The deductibles represent how much money you are required to spend out-of-pocket in the event of a claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Examples of covered claims would be colliding with a building, vandalism, or theft. The more expense you’re willing to pay, the less your insurance coverage will be on iQ insurance.
  • Don’t buy coverages you don’t need – There are many extra bells and whistles that you can get tricked into buying if you aren’t careful. Coverages for roadside assistance, accidental death and membership fees may be costing you every month. These may sound like a good investment when you first buy your policy, but your needs may have changed so eliminate them to save money.
  • With age comes lower rates – Teenage drivers have a tendency to be careless and easily distracted in a vehicle so they pay higher insurance coverage rates. Mature drivers are more cautious drivers, file fewer claims and are safer drivers.
  • Marriage brings a discount – Being married can get you a discount on your insurance coverage policy. Having a significant other means you’re more mature and responsible and it’s statistically proven that being married results in fewer claims.
  • Lower miles equals lower premium – The more miles you rack up on your Scion every year the more you’ll pay to insure your vehicle. Most insurance companies charge to insure your cars based upon how you use the vehicle. Cars and trucks not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your insurance coverage policy shows how each vehicle is driven. Incorrect usage on your iQ may be costing you.

Your coverage should be tailored to you

When choosing adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions can aid in determining whether you may require specific advice.

  • Is a new car covered when I drive it off the dealer lot?
  • Is my 2013 Scion iQ covered for flood damage?
  • Should I buy more coverage than the required minimum liability coverage?
  • When can my company non-renew my policy?
  • How much liability insurance is required?
  • How can I force my company to pay a claim?
  • I have a DUI can I still get coverage?
  • What is no-fault insurance?
  • What is medical payments coverage?

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 insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Save $455 a year. For real?

Consumers can’t get away from ads for cheaper car insurance from the likes of GEICO, State Farm and Progressive. They all say the same thing that you can save if you switch your coverage to them.

How can each company make almost identical claims? This is how they do it.

All companies can use profiling for the driver that is profitable for them. An example of a preferred risk could be over the age of 40, is a homeowner, and drives less than 7,500 miles a year. A customer getting a price quote who matches those parameters is entitled to the best price and as a result will probably save a lot of money.

Potential customers who do not match these standards will have to pay higher premiums and this can result in the driver buying from a lower-cost company. The ad wording is “people who switch” but not “drivers who get quotes” save that kind of money. This is how insurance companies can confidently state the savings. Because of the profiling, it is so important to quote coverage with many companies. It is impossible to predict the company that will fit your personal profile best.

Educate yourself about insurance coverages

Understanding the coverages of insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages available from insurance companies.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as fire damage, rock chips in glass and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for EMT expenses, surgery and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Liability insurance

This can cover damage that occurs to a person or their property by causing an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things like legal defense fees, structural damage and medical expenses. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Auto collision coverage

This coverage will pay to fix damage to your iQ resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like hitting a parking meter, sideswiping another vehicle and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Buy Smart and Save

As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage at the best price while still protecting your assets.

Low-cost 2013 Scion iQ insurance can be purchased online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Throughout this article, we presented a lot of information how to reduce insurance prices online. The key concept to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. Consumers may even find the most savings is with the least-expected company. These companies can often provide lower rates in certain areas than the large multi-state companies such as GEICO and State Farm.

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