Really, the only way to get cheaper Toyota Yaris insurance in Orlando is to make a habit of regularly comparing prices from insurance carriers in Florida. You can compare rates by following these steps.
- Take a little time to learn about how auto insurance works and the things you can control to prevent rate increases. Many policy risk factors that are responsible for high rates like speeding and a low credit rating can be eliminated by paying attention to minor details. Later in this article we will cover the details to get cheaper coverage and get discounts that may be available to you.
- Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO or Allstate, while independent agents can provide prices from multiple companies.
- Compare the new rate quotes to your current policy and determine if cheaper Yaris coverage is available. If you find a lower rate, ensure coverage does not lapse between policies.
- Provide proper notification to your current company to cancel your existing policy and submit payment and a completed application to your new company or agent. As soon as you can, place your new certificate verifying proof of insurance in your glove compartment.
A good tip to remember is to make sure you enter the same liability limits and deductibles on each price quote and and to get price estimates from all possible companies. Doing this helps ensure an accurate price comparison and a complete rate analysis.
It’s a fact that insurance companies don’t want you comparing rates. Insureds who shop around for cheaper prices will probably switch insurance companies because there is a great chance of finding good coverage at a lower price. A recent survey revealed that consumers who compared rate quotes regularly saved over $3,400 over four years compared to other drivers who never shopped for cheaper rates.
If finding the cheapest price on auto insurance is your ultimate goal, then learning a little about how to get rate quotes and compare insurance coverage can help simplify the process.
To find the best auto insurance quotes, there are several ways to compare prices from all the different companies. One of the best ways to find affordable Toyota Yaris insurance rates is to perform an online rate comparison.
Just remember that having more price comparisons will increase your chances of finding the best rates. Not every company allows you to get online rate quotes, so it’s important to also get price estimates from those companies as well.
The companies in the list below have been selected to offer price quotes in Orlando, FL. If multiple companies are listed, we suggest you compare several of them to find the most competitive car insurance rates.
Choosing Yaris insurance is an important decision
Even though it’s not necessarily cheap to insure a Toyota in Orlando, insuring your vehicle is not optional due to several reasons.
First, just about all states have minimum liability requirements which means state laws require specific limits of liability coverage in order to drive the car legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a loan on your Yaris, it’s guaranteed your bank will require you to carry insurance to guarantee their interest in the vehicle. If the policy lapses, the bank may insure your Toyota at a much higher rate and force you to pay the higher price.
Third, car insurance protects not only your vehicle but also your financial assets. Insurance will also pay for medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If you have damage to your Toyota as the result of the weather or an accident, your car insurance policy will pay to repair the damage minus the deductible amount.
The benefits of having insurance definitely exceed the cost, specifically if you ever have a liability claim. The average driver in Florida is wasting up to $700 annually so it’s important to compare rates each time the policy renews to ensure rates are inline.
Insurance coverage details
The premium information displayed next covers estimates of coverage costs for Toyota Yaris models. Having a better understanding of how insurance policy premiums are figured can help drivers make smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yaris 2-Dr Hatchback | $320 | $544 | $618 | $36 | $184 | $1,702 | $142 |
| Yaris 4-Dr Hatchback | $320 | $544 | $546 | $32 | $164 | $1,606 | $134 |
| Yaris 4-Dr Sedan | $320 | $544 | $546 | $32 | $164 | $1,606 | $134 |
| Yaris S 2-Dr Hatchback | $368 | $544 | $618 | $36 | $184 | $1,750 | $146 |
| Yaris S 4-Dr Hatchback | $368 | $544 | $546 | $32 | $164 | $1,654 | $138 |
| Yaris S 4-Dr Sedan | $368 | $544 | $546 | $32 | $164 | $1,654 | $138 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rate quotes do not factor in the specific area where the vehicle is garaged which can affect rates significantly.
Raise deductibles and save
When shopping for auto insurance, a common question is which deductible level should you buy. The following insurance rates may aid in understanding the costs and benefits when you buy lower versus higher comp and collision deductibles. The first rate quote example uses a $250 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yaris 2-Dr Hatchback | $280 | $544 | $472 | $28 | $142 | $1,491 | $124 |
| Yaris 4-Dr Hatchback | $280 | $544 | $418 | $24 | $124 | $1,415 | $118 |
| Yaris 4-Dr Sedan | $280 | $544 | $418 | $24 | $124 | $1,415 | $118 |
| Yaris S 2-Dr Hatchback | $322 | $544 | $472 | $28 | $142 | $1,533 | $128 |
| Yaris S 4-Dr Hatchback | $322 | $544 | $418 | $24 | $124 | $1,457 | $121 |
| Yaris S 4-Dr Sedan | $322 | $544 | $418 | $24 | $124 | $1,457 | $121 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Yaris 2-Dr Hatchback | $228 | $438 | $472 | $28 | $142 | $1,308 | $109 |
| Yaris 4-Dr Hatchback | $228 | $438 | $418 | $24 | $124 | $1,232 | $103 |
| Yaris 4-Dr Sedan | $228 | $438 | $418 | $24 | $124 | $1,232 | $103 |
| Yaris S 2-Dr Hatchback | $262 | $438 | $472 | $28 | $142 | $1,342 | $112 |
| Yaris S 4-Dr Hatchback | $262 | $438 | $418 | $24 | $124 | $1,266 | $106 |
| Yaris S 4-Dr Sedan | $262 | $438 | $418 | $24 | $124 | $1,266 | $106 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Premium costs do not factor in vehicle location which can alter prices noticeably.
Based on this data, using a $250 deductible will cost you about $15 more each month or $180 every year averaged for all Yaris models than quoting the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 17 months between claims, you would probably be better off if you choose a higher deductible.
Reckless driving habits raise auto insurance rates
The illustration below demonstrates how speeding tickets and at-fault fender-benders can affect Toyota Yaris yearly insurance costs for different age groups of insureds. The premiums assume a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.
Toyota Yaris annual premiums for males versus females
The diagram below compares Toyota Yaris car insurance costs for male and female drivers. The premium estimates are based on no accidents or driving violations, comp and collision included, $1,000 deductibles, single marital status, and no other discounts are factored in.
Full coverage or liability only
The information below illustrates the comparison of Toyota Yaris car insurance rates with full coverage and liability only. The data is based on a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are single, and no additional discounts are factored in.
When to buy liability coverage only
There is no written rule of when to exclude comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Toyota Yaris replacement cost is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,000 after the deductible is paid. If premium cost is more than $500 a year to have full coverage, then it might be time to consider dropping full coverage.
There are a few cases where dropping physical damage coverage is not a good plan. If you still owe a portion of the original loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not buy liability only.
Take policy discounts and save on Toyota Yaris insurance in Orlando
Some providers don’t necessarily list every possible discount in an easy-to-find place, so below is a list some of the more common and the more hidden credits available to bring down your rates. If you check and find you aren’t receiving every discount you qualify for, you are not getting the best rate possible.
- Anti-theft Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and will save you 10% or more on Yaris insurance in Orlando.
- Drivers Education – It’s a good idea to have your young drivers participate in a local driver’s education class in school.
- Service Members Pay Less – Being deployed in the military may qualify for rate reductions.
- Good Student Discount – Performing well in school could provide a savings of up to 20% or more. You can use this discount normally up until you turn 25.
- Low Mileage – Low annual miles can earn discounted rates on garaged vehicles.
- Discounts for Multiple Vehicles – Insuring primary and secondary vehicles on one policy could earn a price break for each car.
- Clubs and Organizations – Participating in a civic or occupational organization in Orlando can get you a small discount when shopping for car insurance.
- Telematics Data – Drivers who elect to allow their car insurance company to study where and when they drive by using a telematic data system such as State Farm’s In-Drive may see discounts if they have good driving habits.
- Homeowners Savings – Owning a house in Orlando can earn you a little savings because maintaining a house is proof that your finances are in order.
Discounts reduce rates, but you should keep in mind that some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, it just doesn’t work that way.
The illustration below shows the difference between Toyota Yaris insurance costs with and without discounts applied. The prices are based on a female driver, no claims or driving violations, Florida state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, safe-driver, marriage, homeowner, and multi-policy discounts applied.
To choose car insurance companies who offer cheap Toyota Yaris insurance quotes in Orlando in Orlando, follow this link.
Get rate quotes but buy from a local Orlando insurance agent
Many people still prefer to visit with an insurance agent and often times that is recommended An additional benefit of comparing rate quotes online is you may find lower premium rates and still have an agent to talk to.
To help locate an agent, after submitting this form (opens in new window), your insurance coverage information is sent to insurance agents in Orlando who can give free rate quotes for your coverage. You won’t even need to find an agent since price quotes are sent directly to your email. Get lower rates without the usual hassles of price shopping. If you want to get a price quote from a particular provider, you would need to visit that company’s website to submit a rate quote request.
Selecting an insurance company requires you to look at more than just a cheap price. You should also get answers to these questions.
- Is the coverage adequate for your vehicle?
- By raising physical damage deductibles, how much would you save?
- Do they specialize in personal lines auto insurance in Orlando?
- When do they do a full risk review?
- How long have they been in business?
- Does the agency have a good rating with the Better Business Bureau?
- Are there any hidden costs in their price quote and does it include driving and credit history?
Pick the best auto insurance agent in Orlando for you
If you are wanting to purchase car insurance from local Orlando agents, there are a couple of different agency structures that you can select. Agencies in Orlando are either independent or exclusive.
Exclusive Car Insurance Agencies
These agents can only write with one company such as State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to compare other company’s rates so always compare other rates. Exclusive insurance agents are usually well trained on sales techniques and that allows them to sell at a higher price point. Many people choose to use a exclusive agent mainly due to the brand rather than having low rates.
Listed below is a list of exclusive insurance agencies in Orlando that are able to give comparison quotes.
- Mike Broschart – State Farm Insurance Agent
4638 S Kirkman Rd – Orlando, FL 32811 – (407) 298-2700 – View Map - Allstate Insurance: Luis T. Martell
7800 W Sand Lake Rd #201 – Orlando, FL 32819 – (407) 522-9293 – View Map - Terri Marshall – State Farm Insurance Agent
5555 E Michigan St #104 – Orlando, FL 32822 – (407) 380-5689 – View Map
Independent Insurance Agents
Independent agencies are not limited to a single company so they can write business through lots of different companies and find the cheapest rate. If premiums increase, the agent simply finds a different carrier and that require little work on your part. If you are trying to find cheaper rates, you definitely need to get some free quotes from at a minimum one independent agency to ensure the widest selection of prices. Most independent agents also contract with companies you’ve never heard of that may provide cheaper car insurance rates.
Shown below are independent insurance agencies in Orlando who can help you get price quote information.
- worldwide insurance agency
4697 Rose Coral Dr #7 – Orlando, FL 32808 – (407) 616-7894 – View Map - Floridian Insurance Agency
7316 E Colonial Dr – Orlando, FL 32807 – (407) 207-1616 – View Map - WEGO Insurance Agency, Inc
520 N Semoran Blvd #270 – Orlando, FL 32807 – (407) 476-7972 – View Map
If you get acceptable answers for all questions you ask and locked in a price quote, most likely you have located an insurance agency that meets your needs to adequately provide car insurance. Keep in mind consumers can cancel your policy whenever you wish so don’t feel you’re contractually obligated to any specific company for the full term.
Insurance is unique, just like you
When it comes to coverage, there isn’t really a one size fits all plan. Your financial needs are unique.
Here are some questions about coverages that might point out if you would benefit from an agent’s advice.
- Is extra glass coverage worth it?
- Do I have coverage for damage caused while driving under the influence?
- Am I insured when driving a different vehicle?
- Should I pay a claim out-of-pocket?
- Should I buy only the required Florida minimum liability coverage?
- Can I rate high risk drivers on liability-only vehicles?
If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form.
Cheap insurance premiums are out there
Consumers change insurance companies for a number of reasons such as high rates after DUI convictions, an unsatisfactory settlement offer, questionable increases in premium and even extreme rates for teen drivers. Regardless of your reason for switching companies, finding the right insurance provider can be easier than you think.
As you prepare to switch companies, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped liability limits or collision coverage only to regret at claim time that it was a big mistake. Your goal should be to get the best coverage possible for the lowest price.
Throughout this article, we presented many tips how you can compare Toyota Yaris insurance premium rates in Orlando. The key thing to remember is the more providers you compare, the better your chances of lowering your prices. You may even find the best premium rates are with some of the lesser-known companies.
Much more information about insurance in Florida is available below:
- How do I File a Claim? (Insurance Information Institute)
- Who Has Affordable Orlando Auto Insurance Quotes for 18 Year Olds? (FAQ)
- Who Has the Cheapest Orlando Car Insurance for a 20 Year Old Male? (FAQ)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- Uninsured Motorist Statistics (Insurance Information Institute)
- How to Avoid Common Accidents (State Farm)