Having to pay for pricey Toyota Yaris insurance in Austin can empty your family’s budget, especially in this economy.
It’s astonishing, but the vast majority of consumers have remained with the same insurance company for more than four years, and practically 40% of insurance customers have never even compared rates from other companies. Drivers in Austin could save 70% every year, but most just don’t grasp the benefits if they bought a different policy. There are many auto insurance companies to purchase coverage from, and although it’s a good thing to be able to choose, so many choices can make it hard to find the lowest cost provider for Toyota Yaris insurance in Austin.
Quoting and buying cheaper insurance policy in Austin is easy if you know what you’re doing. If you have insurance now or just want cheaper rates, you will benefit by learning to cut your premiums while maintaining coverages. Smart shoppers just need to learn the best way to shop their coverage around online.
Finding cheaper Toyota Yaris car insurance rates can be relatively painless. Consumers just need to spend a few minutes on the computer comparing rate quotes provided by online insurance companies.
Getting free price quotes online is quite simple, and it replaces the need to physically go to all the different Austin insurance agencies. Doing it all online can eliminate the need for a local agent unless you’re the type of person who wants the professional advice that you can only get from talking to an agent. Drivers can price shop your coverage online and get advice from an agent in your area.
The companies shown below provide quotes in Texas. If multiple companies are shown, we suggest you click on several of them to find the most competitive car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Yaris 2-Dr Hatchback||$180||$312||$564||$34||$168||$1,258||$105|
|Yaris 4-Dr Hatchback||$180||$392||$430||$26||$128||$1,156||$96|
|Yaris 4-Dr Sedan||$136||$322||$430||$26||$128||$1,042||$87|
|Yaris S 2-Dr Hatchback||$364||$728||$582||$34||$174||$1,882||$157|
|Yaris S 4-Dr Hatchback||$234||$460||$462||$28||$138||$1,322||$110|
|Yaris S 4-Dr Sedan||$328||$592||$382||$22||$114||$1,438||$120|
|Get Your Own Custom Quote Go|
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Table data does not factor in specific location information which can lower or raise auto insurance rates significantly.
Physical damage deductibles: Should you raise them?
The example below shows how different deductible levels and can influence Toyota Yaris insurance rates for each different age group. The premiums are based on a single female driver, full physical damage coverage, and no other discounts are factored in.
Cheaper rates with these money saving discounts
Car insurance can be pricey, but you might already qualify for some discounts that can help lower your rates. Larger premium reductions will be automatically applied at quote time, but some discounts are required to be asked about before being credited. If you aren’t receiving every discount possible, you are paying more than you should be.
- Discount for Home Ownership – Just owning your own home may earn you a small savings because maintaining a house requires personal responsibility.
- Drivers Ed for Students – Have your child take driver’s ed class in school.
- Passive Restraints – Vehicles equipped with air bags or automatic seat belts may get savings of 20% or more.
- ABS Brakes – Anti-lock brake equipped vehicles can avoid accidents so you can save 10 percent or more.
- Multiple Vehicles – Insuring all your vehicles with the same car insurance company qualifies for this discount.
- Multiple Policy Discount – If you can combine your auto and home policy with one company you could earn a discount of nearly 15% which can help you find cheaper Yaris insurance.
- Early Signing – A few insurance companies allow discounts for signing up before your current Yaris insurance policy expires. You can save around 10% with this discount.
Discounts lower rates, but most credits do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because it seems like you can get free auto insurance, companies wouldn’t make money that way. But all discounts should help lower the cost of coverage.
Car insurance companies that may include many of the previously listed discounts are:
Before buying, ask every insurance company which discounts can lower your rates. Discounts might not be available to policyholders in Austin. If you would like to see a list of insurers with the best discounts in Texas, follow this link.
Components of Your Toyota Yaris Insurance Costs
Multiple criteria are taken into consideration when premium rates are determined. Some of the criteria are obvious such as traffic violations, but other factors are less apparent such as your credit history or your commute time. It’s important that you understand the different types of things that help determine your auto insurance rates. When you understand what determines base rates, this empowers consumers to make smart changes that may reward you with much lower annual insurance costs.
The items below are some of the factors used by insurance companies to determine your prices.
What type of vehicle do you drive? – The make and model of the vehicle you drive makes a huge difference in determining your rates. The most favorable rates are usually found on economy passenger vehicles, but the final cost of insurance is determined by many other factors. Since the Toyota Yaris is a compact car, insuring your vehicle will cost the same to a little lower than the average rate where you live in Austin.
Keep policy claims to a minimum – If you frequently file small claims, don’t be surprised to see either higher rates or even cancellation. Insurance companies in Texas provide discounts to people who file claims infrequently. Auto insurance is intended for major claims that would cause financial hardship.
How old are your drivers? – Teenage drivers in Texas tend to be inattentive and easily distracted behind the wheel so they pay higher auto insurance rates. More mature drivers are more cautious drivers, cost insurance companies less in claims, and receive fewer citations.
Vehicle features impact auto insurance rates – Driving a car with advanced anti-theft systems can save you a little every year. Theft deterrent systems like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop car theft and help bring rates down.
How many miles do you drive? – Driving more miles annually the more it will cost to insure it. Most companies calculate prices based upon how much you drive. Vehicles that sit idle most of the time receive lower rates than those used for commuting. Double check that your declarations sheet is rated on the correct driver usage. Having an incorrect usage rating on your Yaris may be costing you higher rates.
Cautious drivers pay less – Having a clean driving record has a lot to do with how much you pay for insurance. Attentive drivers get better prices than bad drivers. Having just one citation could increase your next policy renewal forty percent or more. Drivers who have received careless tickets such as reckless driving or DUI may face state-mandated requirements to file a SR-22 with their state DMV in order to keep their license.
Reduce auto insurance rates by driving safer cars – Cars with five star safety ratings tend to be cheaper to insure. Vehicles engineered for safety result in less severe injuries and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates. If your Toyota Yaris has ratings of a minimum four stars on Safercar.gov you are probably receiving a discount.
Getting married can lower rates – Having a significant other helps lower the price when shopping for auto insurance. Marriage translates into being more responsible and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
Insurance losses for a Toyota Yaris – Insurers factor in insurance loss information to help calculate a profitable premium price. Models that tend to have a higher amount or frequency of claims will have higher rates for specific coverages.
The next table illustrates the loss history for Toyota Yaris vehicles. For each coverage category, the statistical loss for all vehicles, as an average, is considered to be 100. Percentage values below 100 suggest a positive loss record, while values that are 100 or greater indicate higher probability of having a loss or statistically larger losses.
Insurance Loss Ratings for Toyota Yaris Vehicles
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Don’t I need to contact an insurance agency?
A small number of people still like to get professional advice from a licensed agent and that is not a bad decision Professional insurance agents can help you choose the best coverages and give you someone to call. One of the benefits of getting online price quotes is the fact that drivers can get cheap rate quotes and still have a local agent. And providing support for local agencies is definitely important in Austin.
Once you complete this form (opens in new window), the coverage information is immediately sent to agents in your area that provide free Austin car insurance quotes to get your business. It’s much easier because you don’t need to drive around since rate quotes are delivered directly to you. If you have a need to get a rate quote from a specific car insurance provider, feel free to navigate to their website and fill out the quote form the provide.
The following is a short list of auto insurance companies in Austin that may be willing to give price quotes for Toyota Yaris insurance in Austin.
Choosing the best provider requires you to look at more than just the premium amount. Any good agent in Austin should know the answers to these questions.
- Will high miles depreciate repair valuations?
- Where would your vehicle be repaired?
- Will you work with the agent or an assistant?
- Do they review policy coverages at every renewal?
- Did they already check your driving record and credit reports?
- If they are an independent agency in Austin, which companies do they recommend?
- Are they actively involved in the community?
How much insurance do I need?
When buying your policy for your vehicles, there really is no one-size-fits-all type of policy. Every insured’s situation is different.
For example, these questions might point out whether you would benefit from professional advice.
- If my pet gets injured in an accident are they covered?
- Am I covered if I have no license?
- Why do I have to buy liability insurance?
- Is my cargo covered for damage or theft?
- When can I cancel my policy?
- When would I need additional glass coverage?
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.
Switch companies and save? Really?
Texas consumers get pounded daily by advertisements that claim the best rates by companies like Allstate and Progressive. All the ads make the point about savings if you get a free Austin car insurance quote and switch your coverage.
How does each company charge lower premium rates? It’s all in the numbers.
All companies can use profiling for the driver that is profitable for them. An example of a profitable customer could possibly be a female over age 40, carries high limits, and has a short commute. Any driver who meets those qualifications will get a cheap rate quote in Austin and have a good chance to save if they switch.
Potential insureds who fall short of this stringent profile may receive higher rates with the end result being the customer not purchasing. The trick companies use is to say “people that switch” not “all people who quote” save that much. That’s why companies can make those statements.
That is why you should do a price quote comparison at every renewal. You cannot predict the company that will have the best Toyota Yaris insurance in Austin.
Quote. Compare. Save.
We just presented a lot of information how to compare Toyota Yaris insurance rates in Austin. It’s most important to understand that the more times you quote, the better chance you’ll have of finding the cheapest Toyota Yaris rate quotes. Consumers may even find the lowest rates are with an unexpected company.
As you restructure your insurance plan, don’t be tempted to reduce coverage to reduce premium. Too many times, someone dropped collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible at the lowest possible cost, but do not skimp to save money.
More affordable insurance in Austin can be sourced from both online companies and also from your neighborhood Austin agents, so get free Austin car insurance quotes from both of them to get a complete price analysis. Some insurance companies may not offer online price quotes and these smaller providers sell through independent agencies.
Other learning opportunities
- Prepare your Teens for Safe Driving (InsureUonline.org)
- Who Has Cheap Auto Insurance for a Ford F-150 in Austin? (FAQ)
- What Auto Insurance is Cheapest for Ride Shares in Austin? (FAQ)
- Who Has Cheap Austin Auto Insurance Quotes for a School Permit? (FAQ)
- Who Has the Cheapest Car Insurance for a Nissan Versa in Austin? (FAQ)
- Who Has the Cheapest Austin Auto Insurance Quotes for High Mileage Drivers? (FAQ)
- Who Has Affordable Austin Auto Insurance for Drivers Requiring a SR22? (FAQ)
- Who Has the Cheapest Car Insurance for Government Employees in Austin? (FAQ)
- How Much are Auto Insurance Quotes for a Learners Permit in Austin? (FAQ)
- Who Has Affordable Austin Car Insurance Quotes for 16 Year Olds? (FAQ)
- Tread Depth and Tire Safety (State Farm)
- Avoiding Deer Collisions (Insurance Information Institute)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Steps to Take After an Auto Accident (Insurance Information Institute)