Auto Insurance Quotes for a Scion xB in Toledo

Everyone knows that car insurance companies want to keep you from shopping around. Drivers who compare rates at least once a year are highly likely to move their business because they have a good chance of finding a policy with better rates. Remarkably, a study showed that people who compared rate quotes regularly saved an average of $70 a month compared to drivers who never shopped for cheaper rates.

If finding discount rates on auto insurance in Toledo is your ultimate goal, then having a good understanding how to compare coverage rates can help you succeed in finding affordable rates.

The preferred way to get the cheapest Scion xB insurance is to begin comparing prices regularly from insurance carriers in Toledo.

Step 1: Spend a few minutes and learn about coverages and the modifications you can make to keep rates in check. Many factors that increase rates such as inattentive driving and an imperfect credit history can be improved by making small lifestyle or driving habit changes.

Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give prices from one company like Progressive or Farmers Insurance, while independent agents can give you price quotes from multiple insurance companies. Click to view companies

Step 3: Compare the quotes to the price on your current policy to see if cheaper xB coverage is available in Toledo. If you find a better price and decide to switch, make sure there is no lapse in coverage.

One thing to remember is to use the same coverage limits and deductibles on every price quote and and to get rates from as many companies as you can. Doing this ensures a fair price comparison and the best rate selection.

The companies in the list below are our best choices to provide price comparisons in Toledo, OH. If you wish to find the best car insurance in Toledo, we recommend you visit several of them to get a more complete price comparison.

Auto insurance analysis for a Scion xB

The rate information below outlines different insurance costs for Scion xB models. Understanding how auto insurance prices are established can help guide drivers when making smart choices when comparing insurance quotes.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in vehicle garaging location which can modify rates significantly.

Physical damage deductibles

One common question asked by Toledo drivers is which deductibles should you choose. The tables below may help to conceptualize the rate difference when you buy lower versus higher deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate information does not factor in specific Toledo garaging location which can lower or raise rates significantly.

Based on the figures above, using a $100 deductible costs an average of $21 more each month or $252 annually across all Scion xB models than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at a minimum 43 months between claims, you would probably save some money by selecting a higher deductible. The table below illustrates a better example of how we made this calculation.

Reckless driving habits raise Toledo auto insurance rates

The illustration below highlights how speeding tickets and accidents can raise Scion xB car insurance costs for different age categories. The prices are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.

Full coverage or liability only

The information below illustrates the difference between Scion xB insurance costs when comparing full coverage to liability only. Data assumes no violations or claims, $500 deductibles, drivers are single, and no additional discounts are factored in.

When to stop buying full coverage

There is no specific rule to stop buying physical damage coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

For example, let’s say your Scion xB claim settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $7,000 after the deductible is paid. If premiums are more than $700 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are some scenarios where eliminating full coverage is not advised. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should maintain full coverage.

Auto insurance does more than just protect your car

Even though Toledo xB insurance rates can get expensive, buying auto insurance serves several important purposes.

• Just about all states have compulsory liability insurance requirements which means you are required to buy a specific minimum amount of liability in order to be legal. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Scion has a loan, it’s most likely the lender will force you to carry insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the lender may insure your Scion at a significantly higher premium and require you to pay the higher premium.
• Insurance protects not only your Scion but also your financial assets. It will also provide coverage for medical bills that are the result of an accident. As part of your policy, liability insurance will also pay to defend you in the event you are sued. If your car is damaged in a storm or accident, your policy will pay to have it repaired.

The benefits of having insurance outweigh the cost, especially when you need to use it. An average driver in America is overpaying more than $850 per year so we recommend shopping around at every renewal to make sure the price is not too high.

Choices You Make Can Impact Your Insurance Costs

Many things are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious like your driving record, but others are less obvious like your vehicle usage or how financially stable you are. An important part of buying insurance is that you know some of the factors that help determine the price you pay for car insurance. If you have a feel for what impacts premium levels, this allows you to make good choices that could help you find cheaper rates.

The list below includes a few of the things car insurance companies consider when setting your prices.

• Performance impacts insurance prices – The make and model of the car you drive makes a substantial difference in determining your rates. The most favorable rates will normally be found when insuring economy passenger models, but your final cost has many other factors.

  The next chart uses these assumptions: married female driver age 50, full coverage with $100 deductibles, and no discounts or violations. It illustrates Scion xB car insurance rates compared to other models of vehicles that have different performance rating factors.

• Lower miles driven equals lower premium – Driving a lot of miles in a year the higher your rates will be. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Autos that are left in the garage can get a lower rate than those used for commuting. Having an incorrect usage rating on your xB can cost quite a bit. Double check that your car insurance policy is rated on annual mileage, because it can save money.
• Always have car insurance – Having an insurance coverage lapse can be a guaranteed way to trigger a rate increase. And not only will your rates increase, getting caught without coverage could result in a license revocation or jail time.
• Liability is peace of mind – Liability insurance is the protection if a jury decides you are liable for personal injury or accident damage. This coverage provides legal defense coverage which can cost thousands of dollars. Liability is cheap compared to other policy coverages, so insureds should have plenty of protection for their assets.

• Is insurance cheaper for men or women? – Over the last 30 years, statistics show women tend to be less risk to insure than men. The data does not necessarily mean that men are worse drivers. Men and women are in at-fault accidents at a similar rate, but the males tend to have higher claims. Men also statistically get cited for more serious violations like DUI and reckless driving.

  The chart below shows the difference between Scion xB car insurance rates for male and female drivers. The prices are based on no claims or driving citations, comp and collision included, $100 deductibles, single marital status, and no discounts are taken into consideration.

• File insurance claims and pay more – Auto insurance companies in Ohio award better rates to drivers who do not file claims often. If you file a lot of claims you can expect either higher rates or even cancellation. Your car insurance is designed for the large, substantial claims.
• Prevent your car from being stolen – Choosing to buy a car with anti-theft technology or alarm system can save you some money. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder car theft and help bring rates down.

• Insurance loss data for Scion xB vehicles – Companies analyze the history of losses when setting rates for each model. Models that statistically have higher frequency or amount of claims will cost more to insure. The table below demonstrates the compiled insurance loss statistics for Scion xB vehicles.

  For each insurance policy coverage type, the claim amount for all vehicles compiled together is considered to be 100. Values that are 100 or less indicate better than average losses, while values that are above 100 point to more losses or an increased chance of larger losses than average.

  
  

  Scion xB Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Scion xB	86	92	89	148	127	116

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Do you qualify for discounts?

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will be applied at the time of quoting, but a few need to be specially asked for prior to getting the savings.

• One Accident Forgiven – This one isn’t a discount, but companies like GEICO, State Farm, and Progressive will allow you to have one accident before raising your premiums as long as you don’t have any claims prior to being involved in the accident.
• Discount for Home Ownership – Owning a home in Toledo may trigger a policy discount on car insurance because maintaining a house demonstrates responsibility.
• Driver Training Discounts – Passing a course teaching safe driver skills could earn you a small percentage discount and also improve your driving technique.
• Discount for New Cars – Insuring a new xB can cost up to 25% less compared to insuring an older model.
• ABS and Traction Control Discounts – Cars with ABS and/or traction control have fewer accidents and will save you 10% or more on xB insurance in Toledo.
• Switch and Save Discount – Select larger companies give a discount for buying a new policy before your current coverage expires. You can save around 10% with this discount.
• Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you may have a lower total premium amount.
• E-sign – A handful of insurance companies will give a small break get Toledo auto insurance over the internet.
• Anti-theft Discount – Cars, trucks, and SUVs with anti-theft systems help deter theft and will save you 10% or more on xB insurance in Toledo.
• Federal Employees – Having worked for a branch of the government can save as much as 8% with select insurance companies.

Consumers should know that some credits don’t apply to the whole policy. Some only apply to specific coverage prices like comp or med pay. Just because you may think all the discounts add up to a free policy, nobody gets a free ride.

The chart below compares Scion xB auto insurance rates with and without discounts applied. The rates are based on a female driver, no tickets, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, claim-free, marriage, and multi-policy discounts applied.

The best car insurance companies and the discounts they provide are included below.

• GEICO has savings for defensive driver, daytime running lights, federal employee, membership and employees, and multi-vehicle.
• Auto-Owners Insurance may offer discounts for student away at school, safe vehicle, air bags, anti-theft, group or association, teen driver, and paperless.
• American Family policyholders can earn discounts including Steer into Savings, air bags, TimeAway discount, early bird, and mySafetyValet.
• Esurance offers discounts for online quote, DriveSense, claim free, anti-lock brakes, online shopper, and Switch & Save.
• Progressive has discounts for online quote discount, multi-policy, online signing, homeowner, and good student.
• State Farm offers discounts including Drive Safe & Save, accident-free, good driver, safe vehicle, defensive driving training, anti-theft, and driver’s education.
• AAA may include discounts for anti-theft, pay-in-full, multi-policy, education and occupation, good student, good driver, and AAA membership discount.

Before you buy a policy, ask every prospective company which discounts they offer. All car insurance discounts may not be offered in Toledo. To see a list of companies who offer discounts in Ohio, follow this link.

Do I just need basic coverages?

When selecting coverage online or from an agent for your vehicles, there really isn’t a perfect coverage plan. Everyone’s needs are different and your car insurance should be unique as well.
For instance, these questions can aid in determining whether your personal situation may require specific advice.

• Does my insurance cover damage caused when ticketed for reckless driving?
• Can good grades get a discount?
• What can I do if my company won’t pay a claim?
• Do I need special coverage while pulling a rented trailer?
• Are split liability limits better than a combined single limit?
• Is my dog or cat covered if injured in an accident?
• Is extra glass coverage worth it?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

When to talk to a local insurance agent

Some people still like to get professional advice from a licensed agent and that is a smart decision Good insurance agents can help determine the best coverages and help in the event of a claim. One of the benefits of comparing insurance prices online is you can get lower premium rates and still have a local agent. And providing support for local agents is especially important in Toledo.

Upon completion of this short form, the coverage information gets sent to insurance agents in Toledo who will give competitive quotes for your coverage. You never need to find an agent on your own since price quotes are sent straight to your inbox. If you have a need to get a rate quote for a specific company, you would need to find their quoting web page and give them your coverage information.

Below are agents in Toledo that may be willing to give comparison quotes for Scion xB insurance in Toledo.

• Allstate Insurance: Tim Wyrostek
  2008 N Holland Sylvania Rd – Toledo, OH 43615 – (419) 536-5100 – View Map
• Jan Scotland – State Farm Insurance Agent
  4806 Dorr St – Toledo, OH 43615 – (419) 536-4200 – View Map
• Farmers Insurance – Nicholas Chupp
  2338 W Laskey Rd – Toledo, OH 43613 – (419) 861-3412 – View Map
• Great Lakes Insurance Partners
  5215 Monroe St # 2 – Toledo, OH 43623 – (419) 841-2000 – View Map

View more agents

Finding a good insurance company is decision based upon more than just a low price. Any agent in Toledo should have no problem answering these questions:

• Is insurance their full-time profession?
• Who are their largest clients?
• How does the company pay claims for a total loss?
• Are there any extra charges for paying monthly?
• Do they receive special compensation for putting your coverage with one company over another?
• Will one accident increase rates?
• Which family members are covered?

Cheaper auto insurance is a realistic goal

When searching for low cost Toledo auto insurance quotes, don’t be tempted to reduce needed coverages to save money. There are many occasions where an insured dropped physical damage coverage only to discover later that the small savings ended up costing them much more. Your goal should be to buy enough coverage at an affordable rate, but don’t skip important coverages to save money.

Some auto insurance companies do not offer online quoting and these smaller providers provide coverage only through independent agents. Lower-priced auto insurance in Toledo can be bought from both online companies in addition to local insurance agencies, and you need to comparison shop both to have the best selection.

Much more information about auto insurance in Ohio is available at these links:

• Understanding your Policy (NAIC.org)
• How Much are Auto Insurance Rates for a Toyota Tundra in Toledo? (FAQ)
• Who Has Affordable Toledo Auto Insurance for Infrequent Drivers? (FAQ)
• Who Has Cheap Toledo Auto Insurance for Teenage Males? (FAQ)
• How Much is Auto Insurance for a Company Car in Toledo? (FAQ)
• Who Has the Cheapest Toledo Auto Insurance for a 20 Year Old Male? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for 17 Year Olds in Toledo? (FAQ)
• Auto Insurance 101 (About.com)
• Vehicle Size and Weight FAQ (iihs.org)
• Bodily Injury Coverage (Liberty Mutual)