Toyota Prius v Insurance Rates

The average insurance rates for a Toyota Prius v are $1,024 a year for full coverage insurance. Comprehensive costs an estimated $202 each year, collision insurance costs $284, and liability coverage costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers costs around $2,202. Teen drivers cost the most to insure at up to $3,952 a year.

Average premium for full coverage: $1,024

Policy rates broken down by type of insurance:

Full coverage includes $500 physical damage insurance deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and Prius v models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than larger metro areas. The graphic below illustrates the difference location can make on insurance prices.

The examples above illustrate why all drivers should compare rates for a targeted area, rather than using price averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below illustrates average Toyota Prius v insurance rates for other coverage scenarios.

• The lowest rate with discounts is $609
• Drivers who choose higher $1,000 deductibles will pay approximately $110 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,024
• Choosing low deductibles for comprehensive and collision insurance bumps up the cost to $1,236
• High-risk insureds with multiple violations and an at-fault accident could pay up to $2,202
• Policy cost that insures a teenage driver can cost as much as $3,952 a year

View Chart as Image

Insurance rates for a Toyota Prius v also range considerably based on the trim level and model year, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,200 to $1,700 extra every year, depending on your age. Insurance for high-risk drivers can cost around 43% to 131% more than average. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,000 per year on average, or $83 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay at least $3,900 a year. View Rates by Age

Your home state makes a big difference in Toyota Prius v insurance rates. A 40-year-old driver could pay as low as $670 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,380 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $330 a year, whereas increasing liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 more per year. View Rates by Deductible or Liability Limit

How to Find More Affordable Toyota Prius v Insurance

Finding cheaper rates on auto insurance not only requires being a low-risk driver, but also having above-average credit, being claim-free, and deciding if full coverage is necessary. Shop around once a year by requesting rates from direct insurance companies, and also from local insurance agencies.

The items below are a summary of the data that was touched on in this article.

• It is possible to save approximately $120 per year just by quoting online in advance
• Consumers who want more liability coverage will pay about $440 annually to go from a 30/60 limit to the 250/500 level
• Teen drivers are charged the highest rates, possibly costing $329 each month if full coverage is included
• Drivers who have multiple accidents or major violations may have to pay on average $1,180 more annually to insure their Prius v