Locating low-cost insurance for your Scion xB in Ohio could be an all-consuming task, but you can learn our car insurance buying tips to make it easier.
There are both good and bad ways to find car insurance online so you’re going to learn the absolute fastest way to compare rates for your Scion and find the cheapest rates either online or from Cincinnati insurance agents.
Anyone knows that insurance companies don’t want you to look at other companies. People who do rate comparisons will most likely switch companies because the odds are good of finding a more affordable policy premium. A survey found that consumers who made a habit of comparing rates saved an average of $3,500 over four years compared to drivers who never compared other company’s rates.
If finding the best rates on auto insurance in Cincinnati is your ultimate objective, then knowing the best ways to shop for insurance can make the process more efficient.
It’s smart to get comparison quotes before your next renewal since insurance prices change regularly. Just because you found the best rate on Scion xB insurance in Cincinnati on your last policy a different company probably has better premium rates today. There are a lot of ways to save on xB insurance online, but in this article, you’re going to get some excellent ideas to quit paying high car insurance rates in Cincinnati.
Why Smart Buyers Pay Less for Scion xB Insurance
The best way to find cheaper auto insurance is to take a look at some of the factors that are used to determine the rates you pay for auto insurance. If you know what controls the rates you pay, this empowers consumers to make smart changes that may reward you with big savings. Multiple criteria are taken into consideration when you get a price on insurance. Some of the criteria are obvious such as your driving history, but other criteria are less apparent such as your credit history or your commute time.
The factors shown below are some of the items that factor into your rates.
Low comp and collision deductibles mean high rates – Insurance for physical damage to your car, also called ‘full coverage’, helps pay for damage to your vehicle. Examples of some claims that would be covered would be colliding with a building, damage from fire, and rolling your vehicle. Comprehensive and collision coverage deductibles represent how much money you are willing to pay out-of-pocket before your auto insurance pays a claim. The more of the claim you have to pay, the lower your rates will be.
Cheaper prices using GPS tracking and theft deterrents – Selecting a car model that has an advanced theft prevention system can get you a discount on your auto insurance. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop car theft.
Avoid tickets and save – Drivers who don’t get tickets have lower premiums than their less careful counterparts. Even a single ticket can increase the cost of insurance twenty percent or more. Drivers with careless citations such as DUI, reckless driving or excessive speeding may find they need to complete a SR-22 with their state motor vehicle department in order to keep their license.
The information below shows how speeding tickets and at-fault collisions increase Scion xB annual premium costs for each age group. The premiums are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
Insurance claims cost money – Auto insurance companies in Ohio provide the best rates to insureds who are not frequent claim filers. If you tend to file frequent claims, you can look forward to much higher rates or policy non-renewal. Your insurance policy is designed for major claims that would cause financial hardship.
Low mileage costs less – Driving a lot of miles each year the higher your rate. Most insurance companies calculate rates based upon how you use the vehicle. Cars that sit idle most of the time can be on a lower rate level than those that get driven frequently. Ask your agent if your auto insurance policy states annual mileage. Having the wrong rating on your xB is throwing money out the window.
Premiums can change based on your address – Having an address in smaller towns and rural areas of the country is a positive aspect if you are looking for the lowest rates. Fewer drivers means less chance of accidents and lower theft and vandalism rates. Drivers in populated Ohio areas have to deal with more traffic problems and a longer drive to work. Higher commute times means more chances of being involved in an auto accident.
Never let your auto insurance policy expire – Driving with no insurance is not a good idea and you may have a hard time finding new coverage because you let your insurance lapse. In addition to paying higher premiums, the inability to provide proof of insurance may earn you fines or a revoked license. You could then be forced to prove you have insurance by filing a SR-22 with the Ohio department of motor vehicles.
Lower rates for married couples – Having a wife or husband can actually save you money on your policy. It demonstrates that you tend to be more mature and statistics show drivers who are married file infrequent claims.
Claims statistics for a Scion xB – Insurance companies analyze past claim statistics to help determine the price you pay. Models that are shown to have increased losses will cost more for coverage.
The table below illustrates the insurance loss data used by companies for Scion xB vehicles. For each insurance policy coverage type, the statistical loss for all vehicles averaged together is set at 100. Numbers below 100 are indicative of better than average losses, while percentage values above 100 indicate frequent claims or statistically larger claims.
| Specific Scion Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Scion xB | 86 | 92 | 89 | 148 | 127 | 116 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Insurance coverage analysis
The coverage table shown next showcases estimates of prices for Scion xB models. Having a better understanding of how rates are established can help guide drivers when making decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XB 2WD | $136 | $206 | $218 | $12 | $66 | $638 | $53 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Estimates do not factor in zip code location which can impact premiums significantly.
You may qualify for discounts for Scion xB insurance in Cincinnati
Car insurance is not inexpensive, but discounts can save money and there are some available that could drop your premiums quite a bit. Certain reductions will be credited at quote time, but lesser-known reductions have to be manually applied in order for you to get them.
- Organization Discounts – Being a member of a qualifying organization can get you a small discount when shopping for car insurance.
- Discount for Multiple Policies – When you combine your auto and home insurance with the same company you may earn 10% to 20% off each policy.
- Good Student Discount – Getting good grades can save 20 to 25%. The good student discount can last up to age 25.
- Discounts for New Vehicles – Insuring a vehicle that is new can cost up to 25% less because new vehicles keep occupants safer.
- E-sign – Certain larger companies will give you a small discount simply for signing on the web.
- Claim Free – Drivers with accident-free driving histories pay much less compared to bad drivers.
Don’t be surprised that many deductions do not apply to the whole policy. Most only cut individual premiums such as liability, collision or medical payments. Despite the appearance that all those discounts means the company will pay you, you’re out of luck.
The diagram below shows the difference between Scion xB car insurance costs with and without discounts. The premiums assume a male driver, no violations or claims, Ohio state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, multi-car, safe-driver, and marriage discounts applied.
A few companies who might offer most of these discounts include:
Before purchasing a policy, check with all companies you are considering how you can save money. Savings might not be available to policyholders in every state. To choose companies with significant discounts in Ohio, click this link.
Best car insurance company in Cincinnati
Buying coverage from the right auto insurance provider can be a challenge considering how many companies are available to choose from in Ohio. The company information listed below could help you decide which car insurance companies you want to consider comparing prices from.
Top 10 Cincinnati Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Cheaper coverage is out there
When searching for the cheapest Scion xB rate quotes, make sure you don’t skimp on coverage in order to save money. In too many instances, drivers have reduced uninsured motorist or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase plenty of coverage at the best cost, but do not skimp to save money.
In this article, we presented quite a bit of information on how to find lower-cost Scion xB insurance in Cincinnati. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may even find the biggest savings come from some of the smallest insurance companies. These companies often have lower rates on specific markets as compared to the big name companies such as Progressive or GEICO.
Steps to quoting cheaper Scion xB insurance in Cincinnati
The preferred way to get low-cost Scion xB insurance is to start comparing rates regularly from different companies in Cincinnati.
First, it will benefit you to learn about auto insurance and the things you can control to prevent rate increases. Many things that drive up the price such as careless driving and an imperfect credit history can be improved by being financially responsible and driving safely.
Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive and State Farm, while agents who are independent can give you price quotes from multiple companies.
Third, compare the new rate quotes to your existing policy to see if a cheaper rate is available. If you can save some money and buy the policy, verify that coverage does not lapse between policies.
One tip to remember is to use similar deductibles and liability limits on each price quote and and to get rates from as many car insurance companies as possible. This guarantees a level playing field and maximum price selection.
More information
- Get the Right Protection (InsureUonline.org)
- Who Has the Cheapest Cincinnati Auto Insurance for Unemployed Drivers? (FAQ)
- How Much is Car Insurance for a Jeep Grand Cherokee in Cincinnati? (FAQ)
- Who Has the Cheapest Cincinnati Car Insurance Rates for High Mileage Drivers? (FAQ)
- How Much is Cincinnati Auto Insurance for a 20 Year Old Female? (FAQ)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Auto Insurance Basics (Insurance Information Institute)
- Young Drivers: The High Risk Years Video (iihs.org)