Auto Insurance Rate Quotes for a Scion xB in Raleigh

It takes a little time, but the best way to get low-cost Scion xB insurance in Raleigh is to start comparing prices yearly from providers in North Carolina.

Step 1: Read about coverages and the changes you can make to keep rates down. Many rating factors that are responsible for high rates like distracted driving and an unacceptable credit score can be rectified by making small lifestyle or driving habit changes.

Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like GEICO and State Farm, while independent agents can quote prices for a wide range of insurance providers.

Step 3: Compare the price quotes to the price on your current policy and determine if cheaper xB coverage is available. If you find a lower rate quote and decide to switch, make sure coverage does not lapse between policies.

One key aspect when comparing rates is to use the same coverage limits and deductibles on every price quote and and to compare as many carriers as you can. This provides a fair rate comparison and the best price quote selection.

Insurance quote for Scion xB in RaleighInconceivable but true, a large majority of drivers have bought car insurance from the same company for a minimum of four years, and about 40% of consumers have never taken the time to shop around. Many drivers in North Carolina could save about 10% each year by just shopping around, but they just don’t understand how easy it is to shop their coverage around.

The are a couple different ways to compare rate quotes from many auto insurance companies in North Carolina. The recommended way to lower the rate you pay for Scion xB insurance is to use the internet to compare rates.

Just keep in mind that quoting more increases your odds of finding better pricing.

The companies in the list below have been selected to offer price comparisons in Raleigh, NC. If you want cheap auto insurance in NC, we recommend you click on several of them in order to find the most competitive rates.

Insurance coverage details

The coverage information below showcases different prices for Scion xB models. Having a good understanding how insurance rates are formulated is important for making smart choices when purchasing an insurance policy.

Scion xB Insurance Rates in Raleigh, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XB 2WD $238 $392 $336 $20 $100 $1,086 $91
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Price information does not factor in specific location information which can raise or lower price quotes considerably.

Choosing deductibles

One common question asked by Raleigh drivers is the level to set your comp and collision deductibles. The rates shown below highlight the difference in cost between low and high physical damage deductibles. The first data table uses a $100 comprehensive and collision deductible and the second rate chart uses a $1,000 deductible.

Scion xB insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XB 2WD $214 $318 $250 $14 $74 $895 $75
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Scion xB insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XB 2WD $118 $168 $250 $14 $74 $624 $52
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in Raleigh location which can increase or decrease prices noticeably.

Based on the figures above, using a $100 deductible costs roughly $23 more each month or $276 for a full year across all Scion xB models than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 39 months between claim filings, you would probably come out ahead by selecting a higher deductible. The table below shows a better example of how you can come to your own conclusion.

Average monthly premium for $100 deductibles: $75
Average monthly premium for $1,000 deductibles (subtract): – $52
Monthly savings from raising deductible: $23
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 39 months

The example below highlights how deductible selection and can change Scion xB insurance costs for each different age group. The premiums assume a married male driver, comprehensive and collision coverage, and no additional discounts are factored in.

Cost of full coverage

The example below visualizes the comparison of Scion xB insurance premiums when comparing full coverage to liability only. The premiums assume a clean driving record, no claims, $500 deductibles, drivers are single, and no additional discounts are factored in.

When to eliminate full coverage

There is no clear-cut formula for phasing out physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Scion xB book value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $7,000 after paying the physical damage deductible. If you are paying in excess of $700 a year to have full coverage, then it might be time to consider dropping full coverage.

There are some circumstances where buying only liability insurance is not a good plan. If you haven’t paid off your loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not eliminate full coverage.

Raleigh car insurance discounts

Insuring your vehicles can cost a lot, but discounts can save money and there are some available to reduce the price significantly. A few discounts will be applied when you quote, but a few must be specially asked for before being credited.Discount car insurance

Remember that most discounts do not apply to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, companies wouldn’t make money that way.

The information below illustrates the comparison of Scion xB insurance costs with and without discounts applied to the premium. The costs are based on a female driver, a clean driving record, no claims, North Carolina state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, homeowner, marriage, and multi-car discounts applied.

Insurance companies that have these money-saving discounts include:

Before buying, ask each company or agent to apply every possible discount. Some of the discounts discussed earlier may not apply to policies in your state. To view insurance companies offering car insurance discounts in Raleigh, follow this link.

Car insurance is an important decision

Even though it’s not necessarily cheap to insure a Scion in Raleigh, insuring your vehicle is a good idea for several reasons.

The benefits of insuring your car more than offset the price you pay, especially if you ever need it. The average driver in America overpays as much as $820 a year so it’s important to compare rates each time the policy renews to help ensure money is not being wasted.

Car insurance can be complex

Always keep in mind that when comparing coverage for your vehicles, there is no “perfect” insurance plan. You are unique.Car insurance savings

Here are some questions about coverages that might point out whether your personal situation might need professional guidance.

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, complete this form.

Car insurance is available from agents near you

Many drivers prefer to sit down with an agent and often times that is recommended The biggest benefit of comparing car insurance online is you may find the lowest rates and also buy local.

To make it easy to find an agent, after completing this form (opens in new window), your coverage information is sent to companies in Raleigh who will give you bids to get your business. It makes it easy because there is no need to visit any agencies since price quotes are sent to you instantly. You can get cheaper car insurance rates without a big time investment. If for some reason you want to get a comparison quote for a specific company, you would need to visit that company’s website and submit a quote form there.

Picking an insurer is decision based upon more than just the price. Some important questions to ask are:

If you are wanting to purchase car insurance from a good Raleigh insurance agent, it can be helpful to understand the types of agencies that differ in how they can insure your vehicles. Car insurance agents in Raleigh can either be independent or exclusive.

Exclusive Insurance Agents

Exclusive agents can only quote rates from one company and some examples include American Family, State Farm, and AAA. These agents are not able to compare other company’s rates so they have no alternatives for high prices. They are highly trained on their company’s products which aids in selling service over price. A lot of people use the same agent partially due to high brand loyalty rather than low price.

Listed below is a short list of exclusive agents in Raleigh who can help you get price quotes.

More insurance agents

Independent Car Insurance Agencies

Independent agencies are not restricted to one company so they can insure your vehicles with any number of different companies and find the cheapest rate. If premiums increase, an independent agent can move your coverage which requires no work on your part. When shopping rates, you absolutely need to get quotes from at least one independent agent to get the most accurate price comparison. A lot of them also have access to smaller mutual companies that many times have cheaper rates.

Shown below are Raleigh independent agencies willing to provide price quote information.

More insurance agents

If you feel you receive answers to your satisfaction to all your questions as well as offering an affordable quote, it’s possible that you found a car insurance agent that is reputable and can insure your vehicles.