Strategies for Getting the Cheapest Scion xB Insurance Prices

I can’t think of a single person who cherishes buying auto insurance, especially when the cost is too high. Many car insurance companies vie for your hard-earned dollar, and it can be difficult to compare rates to get the lowest price

Pay less by taking advantage of discounts

Car insurance companies don’t always advertise all their discounts in an easy-to-find place, so here is a list some of the best known and also the lesser-known savings tricks you should be using. If they aren’t giving you every credit available, you’re just leaving money on the table.

• Homeowners Pay Less – Being a homeowner can save you money because owning a home demonstrates responsibility.
• Low Mileage – Fewer annual miles on your Scion can earn lower rates on the low mileage vehicles.
• Multi-policy Discount – If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
• Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on xB insurance than less cautious drivers.
• Multi-car Discount – Having more than one vehicle on the same auto insurance policy can get a discount on all vehicles.
• Military Rewards – Being deployed with a military unit can result in better rates.
• Save with a New Car – Buying coverage on a new vehicle is cheaper since new cars are generally safer.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. Some only reduce individual premiums such as liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, it doesn’t quite work that way.

To choose insurers with the best auto insurance discounts, click here.

Why your Scion xB might be costing you more

Smart consumers have a good feel for the factors that go into determining auto insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that can help you get much lower annual insurance costs.

Listed below are a few of the “ingredients” auto insurance companies consider when setting your rates.

• Tickets mean higher rates – Your driving citation history has a lot to do with how much you pay for insurance. Just one speeding ticket can boost insurance rates by as much as thirty percent. Careful drivers have lower premiums than bad drivers. Drivers who have serious citations such as reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
• How many coverages with the same company – Many insurance companies give discounts to policyholders who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount you still need to shop around to make sure you are getting the best deal.
• Pleasure use saves money – Driving more miles in a year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based on how the vehicle is used. Cars not used for work or commuting receive lower rates than those used for commuting. Ask your agent if your auto insurance coverage is showing the proper vehicle usage, because improper ratings can cost you money. Incorrect usage on your xB can cost quite a bit.
• What are your deductibles? – Coverage for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Scion. Some examples of claims that would be covered could be running into the backend of another car, collision with an animal, and rolling your vehicle. Deductibles for physical damage are how much you are willing to pay if you file a covered claim. The more the insured has to pay upfront, the less your company will charge you for insurance on xB insurance.

Compare online but buy from a local agent

Some consumers would prefer to visit with an insurance agent. Educated insurance agents can help determine the best coverages and help you file claims. One of the great benefits of price shopping on the web is the fact that you can find the lowest rates and still choose a local agent.

Upon completion of this form (opens in new window), your coverage information is submitted to participating agents who will return price quotes for your business. You never need to even leave your home because quoted prices will be sent immediately to your email address. Now that’s easy!

Picking an provider shouldn’t rely on just the price. Agents should be asked these questions:

• Can glass repairs be made at your home?
• Can they provide you with a list of referrals?
• Will your rates increase after a single accident?
• Do they review policy coverages at every renewal?
• Are they properly licensed to sell insurance in your state?

Types of insurance agents

When researching a good insurance agency, there are a couple of different types of agents to choose from. agents are categorized either captive or independent. Both do a good job, but it’s good to learn the difference between them since it can impact the selection process.

Captive Insurance Agents

This type of agents can only write with one company like Allstate, Farmers Insurance, State Farm and AAA. They generally cannot shop your coverage around so they have no alternatives for high prices. They are usually quite knowledgeable in insurance sales which can be an advantage.

Independent Agencies or Brokers

Independent agencies do not work for one specific company but instead can place your coverage with lots of companies and possibly get better coverage at lower prices. If you are not satisfied with one company, the business is moved internally and you won’t have to switch agencies.

When shopping rates, it’s a good idea to get quotes from at least one independent agent to have the most options to choose from.

To view a full list of agents, visit this page.

After receiving answers to your satisfaction for all questions you ask and a good coverage price, most likely you have located an insurance agency that can properly service your auto insurance policy.

Drivers who switch save $462 a year? Really?

Consumers can’t get away from ads for the lowest price auto insurance from companies such as State Farm, GEICO and Progressive. All the ads say the same thing about savings if you change your policy.

How does each company claim to save you money? It’s all in the numbers.

Insurance companies can use profiling for the type of customer they prefer to insure. A good example of a preferred risk might be between the ages of 40 and 55, has no driving citations, and drives less than 10,000 miles a year. Any new insured that hits that “sweet spot” will get the preferred rates and as a result will probably pay quite a bit less when switching companies.

Consumers who are not a match for this ideal profile will be charged higher rates and this can result in business not being written. The ads say “customers who switch” but not “drivers who get quotes” save that much. That is how companies can truthfully make those claims. That is why it’s extremely important to get a wide range of price quotes. It’s not possible to predict which insurance companies will have the lowest rates.

Better coverage you can count on

Cheaper Scion xB insurance can be bought on the web and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. Some insurance providers may not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

You just learned a lot of techniques to compare Scion xB insurance prices online. The key concept to understand is the more companies you get rates for, the better likelihood of reducing your rate. Consumers may even find the most savings is with a small local company. These companies may have significantly lower rates on certain market segments than their larger competitors like Allstate or State Farm.