The recommended way to get the cheapest Toyota Prius V insurance in Detroit is to regularly compare prices from insurers that sell auto insurance in Michigan. You can compare prices by completing these steps.
- First, try to learn about how insurance companies determine prices and the modifications you can make to prevent expensive coverage. Many factors that cause rate increases like at-fault accidents and a bad credit score can be controlled by making minor changes to your lifestyle. Keep reading for more ideas to get low prices and get discounts that may be overlooked.
- Second, obtain price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from one company like Progressive or Allstate, while independent agencies can quote rates from multiple insurance companies.
- Third, compare the new quotes to your existing policy to see if a cheaper price is available. If you can save some money, verify that coverage does not lapse between policies.
An important bit of advice to remember is to use the same coverage limits and deductibles on every price quote and and to compare as many different companies as possible. Doing this enables a fair price comparison and a complete price analysis.
A recent study showed that a large majority of consumers have remained with the same car insurance company for a minimum of four years, and nearly half have never taken the time to shop around. Consumers in Detroit can save $3,800 each year, but they think it’s difficult to go online and compare rates.
Finding more affordable car insurance rates doesn’t have to be difficult. The only requirement is to spend a few minutes on the computer comparing rate quotes to find the company with cheaper Detroit car insurance quotes.
The providers in the list below can provide free rate quotes in Michigan. If multiple companies are listed, we recommend you get rates from several of them in order to get a fair rate comparison.
Car insurance does more than just protect your car
Even though it’s not necessarily cheap to insure a Toyota in Detroit, insuring your vehicle may be required and benefits you in several ways.
- Almost all states have mandatory liability insurance requirements which means you are required to buy a specific minimum amount of liability insurance if you want to drive legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Toyota Prius V, it’s most likely the lender will make it a condition of the loan that you carry insurance to protect their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Toyota at a much higher premium rate and require you to fork over for the expensive policy.
- Car insurance protects both your assets and your Toyota Prius V. Insurance will also pay for most medical and hospital costs for you, any passengers, and anyone injured in an accident. Liability insurance also pays for attorney fees and expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to repair the damage.
The benefits of having car insurance outweigh the cost, particularly for liability claims. In a recent study of 1,000 drivers, the average customer is overpaying more than $850 per year so you should quote and compare rates at every renewal to be sure current rates are still competitive.
Get lower-cost rates on Toyota Prius V insurance in Detroit with these insurance discounts
Companies that sell car insurance do not advertise all available discounts in a way that’s easy to find, so the next list breaks down some of the best known and the harder-to-find discounts that may be available.
- Discount for Swiching Early – A few insurance companies offer discounts for switching companies before your current expiration date. It’s a savings of about 10%.
- Own a Home – Just owning your own home may trigger a policy discount on insurance because of the fact that having a home requires personal responsibility.
- Senior Citizen Discount – Drivers that qualify as senior citizens could receive a small decrease in premiums.
- Sign Online – A handful of insurance companies will give a small break simply for signing on the web.
- Discounts for Seat Belt Usage – Drivers who require all occupants to buckle up before driving could cut 10% or more on medical payment and PIP coverage.
- Driving Data Discount – Policyholders that allow driving data submission to track driving patterns by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive might see lower rates if they are good drivers.
- New Car Discount – Buying a new car instead of a used Prius V can save up to 30% because new vehicles are generally safer.
Discounts lower rates, but some of the credits will not apply to all coverage premiums. Most only cut the price of certain insurance coverages like comp or med pay. Just because it seems like you could get a free insurance policy, you aren’t that lucky.
A few companies who may offer some of the above discounts include:
Check with every prospective company to apply every possible discount. Some of the earlier mentioned discounts may not be offered everywhere. If you would like to view companies with discount insurance rates in Detroit, follow this link.
Get rate quotes but work with a local Detroit insurance agency
Many drivers just want to get advice from a local agent and doing so can bring peace of mind Good agents are highly skilled in risk management and give you someone to call. A good thing about comparing rate quotes online is the fact that you can find the best rates and still choose a local agent. And buying from neighborhood insurance agencies is still important in Detroit.
To make it easy to find an agent, after completing this short form, the coverage information is transmitted to agents in your area who will gladly provide quotes and help you find cheaper coverage. You never need to search for an agent due to the fact that quote results will go directly to your email. If you need to get a price quote for a specific company, you would need to navigate to their website and fill out their quote form.
What types of car insurance agents are in Detroit?
If you are wanting to purchase insurance from a good Detroit insurance agent, there are a couple of types of insurance agents and how they work. Insurance agents in Detroit may be either independent agents or exclusive agents depending on their employer. Either one can provide insurance policies, but it’s important to point out the difference in the companies they write for since it can impact your selection of an agent.
Independent Agents (or Brokers)
Independent agents are not locked into one company and that enables them to quote your coverage through lots of different companies enabling the ability to shop coverage around. If they find a lower price, they can switch companies in-house and you stay with the same agent. If you are comparing rate quotes, you will want to contact at a minimum one independent agency to have the most options to choose from. Most have the option of insuring with additional companies that you may not be familiar with that many times have cheaper rates.
The following is a small list of independent agencies in Detroit that may be able to give cheap rate quotes.
- Thomas L Whatley Agency Inc
14710 Puritan Ave – Detroit, MI 48227 – (313) 272-5955 – View Map - Michigan SR22 Insurance – Select Insurance Group
Atwater St – Detroit, MI 48226 – (877) 949-7873 – View Map - Soboh Insurance
16800 W Warren Ave – Detroit, MI 48228 – (313) 581-3400 – View Map
Exclusive Agencies
These agents can only place business with one company and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents are unable to provide other company’s prices so it’s a take it or leave it situation. Exclusive insurance agents are trained well in insurance sales which helps them sell insurance even at higher premiums. Consumers often use the same exclusive agent partially due to loyalty to the company rather than low rates.
Below are exclusive agencies in Detroit that are able to give price quotes.
- Angela Hughes – State Farm Insurance Agent
14511 W McNichols Rd – Detroit, MI 48235 – (313) 862-7800 – View Map - Charlotte Knight – State Farm Insurance Agent
7100 W Seven Mile Rd – Detroit, MI 48221 – (313) 340-9000 – View Map - Kenya Wells – State Farm Insurance Agent
20021 Kelly Rd – Detroit, MI 48225 – (313) 822-5948 – View Map
Picking an insurance agency requires you to look at more than just the premium amount. Here are some questions you should ask.
- Do they assist clients in filing claims?
- Are aftermarket or OEM parts used to repair vehicles?
- Do they see any coverage gaps in your plan?
- Is there a local claims center in Detroit?
- How many years have they been established?
Cheaper coverage is out there
Discount Toyota Prius V insurance in Detroit can be sourced from both online companies in addition to many Detroit insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies do not provide rate quotes online and many times these small insurance companies work with independent agencies.
Drivers change insurance companies for a variety of reasons including delays in responding to claim requests, questionable increases in premium, policy non-renewal and unfair underwriting practices. Regardless of your reason for switching companies, finding a new insurance company is not as difficult as it may seem.
As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped liability limits or collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The goal is to purchase plenty of coverage at the best cost.
More resources
- Credit and Insurance Scores (Insurance Information Institute)
- What Auto Insurance is Cheapest for Homeowners in Detroit? (FAQ)
- Who Has Cheap Car Insurance for Postal Workers in Detroit? (FAQ)
- Who Has Affordable Auto Insurance for Drivers with a DUI in Detroit? (FAQ)
- What Auto Insurance is Cheapest for Drivers Over Age 50 in Detroit? (FAQ)
- Who Has Affordable Detroit Car Insurance Rates for a Toyota Highlander? (FAQ)
- How Much are Auto Insurance Quotes for a Company Car in Detroit? (FAQ)
- Neck Injury FAQ (iihs.org)
- What does Personal Injury Protection (PIP) Cover? (Allstate)