Toyota Prius Insurance Quotes in Bakersfield

Insurance quote for Toyota Prius in BakersfieldWant to know an easy way to compare the cheapest car insurance rates in Bakersfield, CA? Bakersfield consumers have a choice when looking for affordable Toyota Prius insurance. They can either waste time driving around trying to get quotes or use the internet to compare rates. There is a better way to shop for car insurance so you’re going to learn the absolute fastest way to get price quotes on a Toyota and find the best price possible from Bakersfield insurance agents and online providers.

Locating the best insurance company for you in Bakersfield is really not that difficult. If you are paying for car insurance now, you stand a good chance to be able to get lower rates using the following tips. Shoppers just have to learn the proper way to compare company rates over the internet.

Getting a cheaper price on Toyota Prius insurance is an easy way to save money. Just spend a few minutes on the computer to compare rates to find the company with low cost Bakersfield auto insurance quotes.

The companies shown below can provide quotes in California. If multiple companies are listed, we suggest you compare several of them in order to find the most affordable rates.

Rates and data analysis

The price information shown below covers a range of insurance premium costs for Toyota Prius models. Being more informed about how insurance policy premiums are determined is important to be able to make decisions on the best policy to buy.

Toyota Prius Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $476 $844 $508 $30 $152 $2,010 $168
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Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in specific Bakersfield garaging location which can increase or decrease insurance rates substantially.

Higher deductibles lower rates

One of the most common insurance questions is the level to set your comp and collision deductibles. The comparisons below outline the rate difference when you select higher and lower comp and collision deductibles. The first set of rates uses a $250 deductible and the second data table uses a $1,000 deductible.

Toyota Prius insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $386 $576 $376 $22 $112 $1,497 $125
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Toyota Prius insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $238 $362 $376 $22 $112 $1,110 $93
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Estimates do not factor in specific garaging location which can revise coverage prices significantly.

Based on the figures above, using a $250 deductible could cost the average driver approximately $32 more each month or $384 each year than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you go at least 23 months between claims, you would save more money if you choose a higher deductible. The table below shows a better example of how this decision is made.

Average monthly premium for $250 deductibles: $125
Average monthly premium for $1,000 deductibles (subtract): – $93
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

An important thing to remember is that raising deductibles means you will have to cover more of the damage yourself when you have a claim. You need to make sure you have some extra funds in the event you have to pay the higher deductible.

Rate increases following a ticket or accident

The chart below illustrates how violations and at-fault claims can influence Toyota Prius auto insurance rates for each different age group. The premium estimates are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

Liability only or full coverage

The information below illustrates the difference between Toyota Prius car insurance rates with and without full coverage. The premiums assume a clean driving record, no claims, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.

When to buy liability coverage only

There is no definitive formula that is best for determining when to drop full coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Toyota Prius replacement cost is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after paying your policy deductible. If it’s costing in excess of $700 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are some situations where buying only liability insurance is not financially feasible. If you still owe a portion of the original loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.

Choosing the best Prius insurance in California is an important decision

Despite the high insurance cost for a Toyota Prius in Bakersfield, paying for car insurance may be mandatory for several reasons.

First, most states have mandatory liability insurance requirements which means the state requires a specific level of liability coverage in order to drive the car legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if your vehicle has a lienholder, almost all lenders will have a requirement that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Toyota at a much higher rate and force you to pay for it.

Third, insurance safeguards not only your vehicle but also your assets. It also can pay for medical expenses for yourself as well as anyone injured by you. As part of your policy, liability insurance will also pay to defend you if anyone sues you for causing an accident. If damage is caused by hail or an accident, your car insurance policy will pay to restore your vehicle to like-new condition.

The benefits of insuring your car definitely exceed the price paid, particularly when you have a large claim. The average driver in America is overpaying more than $825 a year so shop around at every policy renewal to save money.

Lower Insurance Rates with These Tips

Lots of things are used in the calculation when you get a price on insurance. Some are pretty understandable such as your driving record, although others are not as apparent such as whether you are married or your financial responsibility. One of the most helpful ways to save on insurance is to to have a grasp of the different types of things that come into play when calculating the rates you pay for insurance. When you understand what influences your rates, this allows you to make educated decisions that may result in lower insurance prices.

Get discounts to get affordable Bakersfield car insurance rates

Car insurance is neither fun to buy or cheap, but you may qualify for discounts that could help you make your next renewal payment. Certain credits will be shown when you quote, but lesser-known reductions have to be manually applied prior to receiving the credit.Car insurance discounts

One last thing about discounts, most of the big mark downs will not be given to all coverage premiums. Most only cut individual premiums such as liability, collision or medical payments. Even though it may seem like having all the discounts means you get insurance for free, car insurance companies aren’t that generous.

The chart below shows the difference between Toyota Prius auto insurance costs with and without some available policy discounts. The data is based on a female driver, no claims or violations, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, safe-driver, marriage, claim-free, and multi-policy discounts applied.

Car insurance companies that may have these benefits possibly include:

It’s a good idea to ask all companies you are considering which discounts they offer. All car insurance discounts may not apply to policyholders in Bakersfield.

Compare rate quotes but buy from a local Bakersfield insurance agent

A small number of people prefer to get advice from a local agent. Insurance agents can make sure you are properly covered and help file insurance claims. One of the great benefits of comparing rates online is that you can obtain lower premium rates but also keep your business local.

Bakersfield insurance agentsTo find an agent, once you fill out this simple form, the quote information is transmitted to participating agents in Bakersfield that give free quotes for your car insurance coverage. You don’t have to search for any insurance agencies as quotes are delivered immediately to your email address. If for some reason you want to compare prices from a specific car insurance provider, don’t hesitate to go to their quote page and give them your coverage information.

Selecting a insurer needs to be determined by more than just the quoted price. Before buying a policy in Bakersfield, get answers to these questions.

When searching for local Bakersfield agents, you must know there are a couple types of insurance agents and how they are slightly different. Car insurance agencies can be described as either independent or exclusive. Either type can sell and service car insurance coverage, but it is important to understand how they are different because it can impact the type of agent you choose.

Exclusive Car Insurance Agents

Agents of this type can only quote rates from one company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents are unable to place coverage with different providers so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well schooled in insurance sales and that enables them to sell even at higher rates. Drivers often use the same agent mainly due to loyalty to the company rather than having low rates.

Listed below are Bakersfield exclusive insurance agents that can give you comparison quotes.

More Bakersfield agents

Independent Agents

Independent insurance agents are normally appointed by many insurers so they can quote policies amongst many companies and get you the best rates possible. If your agent finds better pricing, they simply move the coverage in-house which is easy for the insured.

When shopping rates, you will definitely want to include rate quotes from at least one independent agent to have the most options to choose from. They often place coverage with companies that do not advertise much who may have lower rates.

Below are Bakersfield independent insurance agencies willing to provide rate quotes.

More Bakersfield agents

Compare insurance prices regularly to save

When you buy Bakersfield auto insurance online, make sure you don’t buy less coverage just to save a little money. Too many times, someone sacrificed liability coverage limits only to discover later they didn’t purchase enough coverage. The aim is to find the BEST coverage for the lowest cost, but don’t skip important coverages to save money.

We just showed you a lot of ways to reduce Toyota Prius insurance car insurance rates online in Bakersfield. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Drivers may even discover the best car insurance rates are with an unexpected company.

Drivers switch companies for a number of reasons such as high prices, policy non-renewal, an unsatisfactory settlement offer and even lack of trust in their agent. No matter why you want to switch, choosing a new company is not as difficult as it may seem.

Steps to finding low-cost rates for Toyota Prius insurance in Bakersfield

The preferred way to get more affordable Toyota Prius insurance in Bakersfield is to start comparing prices yearly from providers in California.

One important bit of advice is to compare the same coverage limits and deductibles on every quote and and to get quotes from as many carriers as you can. Doing this guarantees a fair rate comparison and maximum price selection.

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