Cheapest Insurance for a Toyota Prius in Arlington

Insurance rates Toyota Prius in ArlingtonDo you want to learn to get low-cost Toyota Prius insurance in Arlington? Are you tired of paying out the nose to buy car insurance? Your situation is no different than the majority of other consumers in Texas.

Astonishing but true according to a recent study, over 70% of drivers have remained with the same car insurance company for four years or more, and approximately 40% of consumers have never quoted rates to find cheaper coverage. Arlington insurance shoppers could save 70% each year by just comparing quotes, but they just assume it’s a time-consuming process to shop around.

How to find low-cost rates for Toyota Prius insurance in Arlington

Really, the only way to find more affordable car insurance rates in Arlington is to start comparing prices regularly from companies in Texas. This can be done by following these guidelines.

First, gain an understanding of how insurance companies determine prices and the things you can control to drop your rates. Many policy risk factors that increase rates such as at-fault accidents, careless driving, and an unacceptable credit rating can be improved by paying attention to minor details. Continue reading for additional ideas to get low prices and find overlooked discounts.

Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like GEICO or Farmers Insurance, while independent agencies can give you price quotes for a wide range of insurance providers.

Third, compare the price quotes to your current policy premium to see if a cheaper price is available in Arlington. If you can save some money, make sure the effective date of the new policy is the same as the expiration date of the old one.

The most important part of this process is to make sure you’re comparing the same amount of coverage on each quote request and and to get rate quotes from as many auto insurance providers as possible. Doing this guarantees an apples-to-apples comparison and maximum price selection.

Insurance companies such as Allstate, Progressive and GEICO continually bombard you with advertising and it is difficult to see past the geckos and flying pigs and effectively compare rates to find the best deal.

You need to do price comparisons before your next renewal since rates tend to go up over time. Even if you think you had the lowest premium rates on Toyota Prius insurance in Arlington a few years ago other companies may now be cheaper. You’ll find quite a bit of inaccurate information about Prius insurance on the web, but we’re going to give you some tested techniques to slash your car insurance rates in Arlington.

The companies in the list below are our best choices to provide comparison quotes in Arlington, TX. If multiple companies are listed, it’s a good idea that you visit two to three different companies to get the cheapest price.

Auto insurance statistics and figures

The table shown below highlights different policy rates for Toyota Prius models. Having a better understanding of how policy rates are determined is important for drivers to make decisions when shopping your coverage around.


Toyota Prius Insurance Rates in Arlington, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $246 $368 $334 $20 $100 $1,068 $89
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Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Estimates do not factor in specific garaging location which can impact auto insurance rates greatly.

Policy deductible comparison

One of the hardest decisions when shopping for auto insurance is how high should the physical damage deductibles be. The figures shown below outline the difference in cost between low and high comp and collision deductibles. The first rate comparisons uses a $250 deductible and the second price grid uses a $500 deductible.


Toyota Prius insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $332 $496 $324 $20 $96 $1,293 $108
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Toyota Prius insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Prius $270 $400 $324 $20 $96 $1,110 $93
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can raise or lower premiums noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you roughly $15 more each month or $180 annually averaged for all Prius models than quoting the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have at least 17 months between claim filings, you would probably come out ahead by going with a higher deductible.

The diagram below demonstrates how deductibles and can change Toyota Prius insurance costs for different age categories. The premiums are based on a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

Age-based auto insurance rates by gender in Arlington

The example below visualizes the comparison of Toyota Prius insurance costs for male and female drivers. The price estimates are based on no accidents, no driving violations, full physical damage coverage, $1,000 deductibles, single status, and no other discounts are factored in.

Does it make sense to buy full coverage?

The chart below illustrates the difference between Toyota Prius yearly insurance costs with liability coverage only compared to full coverage. The rates are based on no claims or driving violations, $100 deductibles, single status, and no discounts are applied to the premium.

Guidelines for eliminating full coverage

There isn’t a steadfast formula of when to exclude physical damage coverage, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.

For example, let’s say your Toyota Prius claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $3,000 after the policy deductible has been paid. If premium cost is more than $300 a year to have full coverage, then it might be time to buy liability only.

There are some circumstances where buying only liability insurance is not in your best interest. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should keep full coverage.

Seven factors that affect insurance rates

Consumers need to have an understanding of some of the factors that aid in calculating your premiums. When you know what positively or negatively impacts premium levels, this enables you to make decisions that may reward you with much lower annual insurance costs.

Listed below are some of the factors that factor into your prices.

Why you need to buy auto insurance

Even though Arlington Prius insurance rates can get expensive, insurance may be required for several reasons.

First, most states have minimum mandated liability insurance limits which means the state requires a minimum amount of liability if you want to drive legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a loan on your Prius, almost all lenders will require you to have physical damage coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the lender will be forced to insure your Toyota at a much higher rate and require you to pay much more than you were paying before.

Third, insurance safeguards your Toyota Prius and your assets. It also can pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage will also pay attorney fees if you are sued as the result of your driving. If you have damage to your Toyota as the result of the weather or an accident, your policy will pay to restore your vehicle to like-new condition.

The benefits of buying auto insurance outweigh the cost, especially when you need to use it. As of last year, the average driver in Texas overpays more than $855 a year so compare rates at every renewal to help ensure money is not being wasted.

Best auto insurance company in Texas

Buying coverage from the best auto insurance provider can be a challenge considering how many different companies there are to choose from in Arlington. The ranking data shown next can help you choose which car insurance companies to look at buying from.

Top Auto Insurance Companies in Texas
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
Mercury Insurance 97 96 88 89% A+ 93.4
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Farmers Insurance 77 80 80 84% A 80.3
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Data Source: Insure.com Best Car Insurance Companies