Did a good deal turn into an expensive car insurance policy? Don’t sweat it because you’re not the only one.
A recent NerdWallet.com study revealed that the vast majority of drivers renewed their policy with the same company for more than four years, and just under half have never compared rate quotes at all. With the average car insurance premium being $1,600, Phoenix drivers could save 50% each year just by comparing rates, but most just don’t grasp the amount of savings they would get if they switched to a cheaper policy.
Because there are so many insurance providers from which to choose, it is very difficult to choose a more affordable car insurance provider.
Shop Toyota Yaris insurance online
All the larger auto insurance companies give coverage price quotes online. Comparing Toyota Yaris insurance rates online can be done by anyone as you simply enter the coverage amounts you desire into the quote form. After you complete the form, the system collects credit information and your driving record and provides a quote based on many factors. Using the web to get price quotes for Toyota Yaris insurance in Phoenix makes it a lot easier to compare rates and it’s necessary to get many rate quotes if you are searching for the lowest auto insurance rates.
In order to find out if lower rates are available, compare rates from the companies below. If you have a policy now, it’s recommended you copy coverages and limits exactly as they are listed on your policy. Using the same limits helps guarantee you will receive an apples-to-apples comparison for exact coverage.
The companies in the list below are ready to provide free rate quotes in Phoenix, AZ. If the list has multiple companies, we suggest you visit two to three different companies in order to find the lowest rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yaris 2-Dr Hatchback | $98 | $208 | $326 | $20 | $98 | $750 | $63 |
| Yaris 4-Dr Hatchback | $98 | $208 | $288 | $18 | $86 | $698 | $58 |
| Yaris 4-Dr Sedan | $156 | $324 | $282 | $16 | $84 | $862 | $72 |
| Yaris S 2-Dr Hatchback | $140 | $282 | $410 | $24 | $122 | $978 | $82 |
| Yaris S 4-Dr Hatchback | $234 | $428 | $308 | $18 | $92 | $1,080 | $90 |
| Yaris S 4-Dr Sedan | $248 | $526 | $390 | $24 | $116 | $1,304 | $109 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Information does not factor in your specific Phoenix location which can revise rates substantially.
Physical damage deductibles
One common question asked by Phoenix drivers is how high should the physical damage coverage deductibles be. The comparisons below can help show the costs and benefits of buying low and high physical damage coverage deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yaris 2-Dr Hatchback | $224 | $466 | $338 | $20 | $102 | $1,175 | $98 |
| Yaris 4-Dr Hatchback | $224 | $466 | $300 | $18 | $90 | $1,123 | $94 |
| Yaris 4-Dr Sedan | $224 | $466 | $300 | $18 | $90 | $1,123 | $94 |
| Yaris S 2-Dr Hatchback | $258 | $466 | $338 | $20 | $102 | $1,209 | $101 |
| Yaris S 4-Dr Hatchback | $258 | $466 | $300 | $18 | $90 | $1,157 | $96 |
| Yaris S 4-Dr Sedan | $258 | $466 | $300 | $18 | $90 | $1,157 | $96 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yaris 2-Dr Hatchback | $164 | $314 | $338 | $20 | $102 | $938 | $78 |
| Yaris 4-Dr Hatchback | $164 | $314 | $300 | $18 | $90 | $886 | $74 |
| Yaris 4-Dr Sedan | $164 | $314 | $300 | $18 | $90 | $886 | $74 |
| Yaris S 2-Dr Hatchback | $188 | $314 | $338 | $20 | $102 | $962 | $80 |
| Yaris S 4-Dr Hatchback | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Yaris S 4-Dr Sedan | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Price estimates do not factor in zip code location which can modify coverage rates significantly.
Using the premium rates above, we can conclude that using a $100 deductible costs about $21 more each month or $252 a year than buying the higher $500 deductible. Since you would pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 19 months between claims, you would more than likely save some money if you elect the higher deductible. Below is the way you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $97 |
| Average monthly premium for $500 deductibles (subtract): | – $76 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
Toyota Yaris insurance premiums by gender in Phoenix
The information below illustrates the comparison of Toyota Yaris auto insurance rates for male and female drivers. Data assumes no driving violations, no at-fault accidents, comp and collision included, $100 deductibles, single marital status, and no discounts are applied.
Choosing deductibles
The information below demonstrates how deductibles and can increase or decrease Toyota Yaris premium costs for each different age group. The price estimates are based on a single female driver, full physical damage coverage, and no additional discounts are factored in.
Discounts can help save money on Toyota Yaris insurance in Phoenix
Companies that sell car insurance don’t always list every discount they offer in an easy-to-find place, so we took the time to find both the well known and also the more inconspicuous discounts you could be receiving when you buy Phoenix auto insurance online.
- Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
- Defensive Driver Discounts – Taking time to complete a driver safety class is a good idea and can lower rates and also improve your driving technique.
- Military Deployment Discount – Being deployed in the military could qualify you for better insurance rates.
- No Accidents – Insureds with no claims or accidents can earn big discounts compared to accident-prone drivers.
- Low Mileage Discounts – Low mileage vehicles could be rewarded with better premium rates on cars that stay parked.
You can save money using discounts, but most of the big mark downs will not be given to the entire cost. Most only apply to individual premiums such as medical payments or collision. Even though it appears all those discounts means the company will pay you, it doesn’t quite work that way. But any discount will definitely lower your overall bill.
If you would like to see a list of insurance companies that can offer you the previously mentioned discounts in Phoenix, follow this link.
Why you need insurance for your vehicle
Even though Phoenix Yaris insurance rates can get expensive, paying for insurance is not optional due to several reasons.
First, the majority of states have mandatory liability insurance requirements which means state laws require a specific level of liability protection in order to drive the car. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a loan on your car, most lenders will stipulate that you buy insurance to guarantee loan repayment. If you default on your policy, the bank may buy a policy for your Toyota at an extremely high rate and require you to reimburse them for it.
Third, insurance protects both your Toyota and your assets. It will also reimburse you for medical expenses for not only you but also any passengers injured in an accident. Liability insurance also covers legal expenses if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, your policy will pay to have it repaired.
The benefits of carrying adequate insurance are without a doubt worth the cost, especially if you ever need it. Unknowingly, the average driver overpays as much as $750 every year so smart consumers compare quotes each time the policy renews to ensure rates are competitive.
Car insurance can be complex
When it comes to adequate coverage for your vehicles, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply.
Here are some questions about coverages that might point out if your situation could use an agent’s help.
- Do I need PIP coverage since I have good health insurance?
- Will my rates increase for filing one claim?
- What is medical payments coverage?
- What should my uninsured motorist coverage limits be in Arizona?
- How do I insure my teen driver?
- When do I need to add a new car to my policy?
If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Insurance is available from your local insurance agencies
A small number of people still like to visit with an insurance agent and doing so can bring peace of mind The best thing about comparing insurance prices online is the fact that drivers can get lower prices but still work with a licensed agent. Buying from local agents is important especially in Phoenix.
After filling out this simple form, your insurance coverage information is immediately sent to participating agents in Phoenix that can give you free Phoenix auto insurance quotes for your insurance coverage. You won’t need to find an agent as quotes are delivered to the email address you provide. It’s the lowest rates without the usual hassles of price shopping. If you want to compare rates from a specific insurance company, you just need to search and find their rate quote page to submit a rate quote request.
The following are Phoenix insurers that may be willing to give price quote information for Toyota Yaris insurance in Phoenix.
State Farm: Mat Herseth
751 E Union Hills Dr #A9, Phoenix 85024 – 751 E Union Hills Dr #A9, AZ 85024 – (602) 788-6700 – View Map
Farmer-Leavitt Insurance Agency
919 N 1st St – Phoenix, AZ 85004 – (602) 264-0566 – View Map
Llyrena Sherwood – State Farm Insurance Agent
3415 W Glendale Ave #7 – Phoenix, AZ 85051 – (602) 368-9102 – View Map
Jan McDaniel – State Farm Insurance Agent
4030 E Bell Rd #112 – Phoenix, AZ 85032 – (602) 266-2050 – View Map
Finding the right provider should include more criteria than just a cheap quote. These are some questions your agent should answer.
- How often do they review coverages?
- Is the agent CPCU or CIC certified?
- Is the agency covered by Errors and Omissions coverage?
- Which members of your family are coverage by the policy?
- Are there any discounts that you might be missing?
- Does their agency support local causes in Phoenix?
- Does the agent have a valid license to sell insurance in Arizona?
- Do the coverages you’re quoting properly cover your vehicle?
Once you have received satisfactory answers to any questions you may have and an affordable coverage quote, you may have found an provider that can be relied on to properly insure your vehicles.