Find Affordable Scion xB Insurance in San Francisco

Discount Scion xB insuranceIt’s well known that car insurance companies want to keep you from comparing rates. Drivers who get comparison quotes once a year will presumably switch companies because the odds are good of finding lower prices. A study showed that consumers who made a habit of comparing rate quotes saved about $70 a month compared to policyholders who never shopped around.

If finding the lowest rates on insurance is your intention, then having some insight into the best way to compare insurance coverage can save money and time.

It takes a few minutes, but the best way to get discount Scion xB insurance in San Francisco is to regularly compare price quotes from companies in California. You can compare prices by following these guidelines.

An important bit of advice to remember is that you use the same liability limits and deductibles on every quote and and to get prices from as many auto insurance providers as possible. This ensures a fair price comparison and many rates to choose from.

When looking for low cost San Francisco auto insurance quotes, there are a couple ways to compare quotes from many different California insurance companies. By far the easiest way to find affordable Scion xB insurance rates is to perform an online rate comparison.

Getting free rate quotes online is quite simple, and it takes the place of having to spend your day driving to and from local San Francisco insurance agencies. Buying insurance online makes this process obsolete unless you prefer the professional abilities that can only be provided by a licensed insurance agent. If you prefer, some companies allow you to get the lowest quotes online but have your policy serviced through an agent. When price shopping your coverage, quoting more increases your odds of finding the best rates. Some insurance companies are not set up to provide online price quotes, so it’s important to also get quotes from the smaller companies as well.

The companies shown below are ready to provide price quotes in California. If multiple companies are listed, we recommend you visit as many as you can to get a more complete price comparison.

Scion xB insurance coverage information

The coverage information shown below showcases estimates of prices for Scion xB models. Learning more about how insurance quotes are figured can help customers make smart choices when selecting a policy.

Scion xB Insurance Rates in San Francisco, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XB 2WD $378 $582 $596 $36 $178 $1,770 $148
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Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price estimates do not factor in specific San Francisco garaging location which can decrease or increase insurance rates greatly.

Raise deductibles and save

When comparing auto insurance rates, the most common question is where should you set your physical damage deductibles. The comparison tables below determine the costs and benefits between high and low comp and collision deductibles. The first rate quote example uses a $100 deductible for comprehensive and collision coverage and the second data table uses a $500 deductible.

Scion xB insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XB 2WD $380 $564 $442 $26 $132 $1,569 $131
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Scion xB insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XB 2WD $278 $382 $442 $26 $132 $1,260 $105
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Premium costs do not factor in specific garaging location which can revise prices substantially.

Based on the above data, using a $100 deductible costs approximately $26 more each month or $312 annually than opting for the higher $500 deductible. Because you would be required to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you normally go more than 15 months between claim filings, you would save money if you elect the higher deductible. The illustration below shows how we made this calculation.

Average monthly premium for $100 deductibles: $131
Average monthly premium for $500 deductibles (subtract): – $105
Monthly savings from raising deductible: $26
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

Liability only or full coverage

The chart below compares Scion xB premium costs with full coverage and liability only. The data is based on no violations or claims, $500 deductibles, marital status is single, and no discounts are factored in.

When to drop comp and collision

There is no definitive guideline to stop buying comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Scion xB book value is $5,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company would pay you is $4,000 after paying your deductible. If you are paying more than $400 annually to have full coverage, then it may be the right time to buy liability only.

There are some circumstances where removing full coverage is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not opt for liability only.

Auto insurance is an important decision

Despite the potentially high cost of Scion xB insurance, auto insurance may be mandatory for several reasons.

The benefits of buying enough insurance more than offset the price you pay, particularly if you ever have a claim. The average driver in America is currently overpaying as much as $830 a year so compare rate quotes each time the policy renews to ensure rates are inline.

Insurance coverages explained

Understanding the coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages available from insurance companies.

Comprehensive (Other than Collision) – This pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like theft, falling objects, a broken windshield and vandalism. The most a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many California drivers have only the minimum liability required by law (15/30/5 in California), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical expense insurance – Coverage for medical payments and/or PIP kick in for bills such as ambulance fees, surgery, prosthetic devices and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance – Liability insurance provides protection from damage that occurs to other people or property that is your fault. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 15/30/5 which means $15,000 in coverage for each person’s injuries, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000.

Liability insurance covers claims like repair costs for stationary objects, attorney fees and funeral expenses. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible. California state minimum liability requirements are 15/30/5 but you should consider buying better liability coverage.

The illustration below shows why buying low liability limits may not be enough coverage.

Collision – Collision coverage covers damage to your xB from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a parking meter, scraping a guard rail, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible on your xB to bring the cost down.