Insuring a Scion

Scion is one of the freshest, newest car brands out there. Despite being very wet behind the ears, it has managed to make quite a splash. To say that this automaker got off to a great start is an understatement. The brand, which is a division of Toyota, has been geared towards young drivers since its inception. It has achieved wild success in that department, but it has also been popular with older drivers who want something a little different too. In addition to being funky, stylish and affordable, these cars are a lot of fun. What's even better is that they are very affordable to protect. On a list of 36 brands, Scion ranks in 10th place. The average annual cost to insure one of their vehicles is $1,425.68, which is very low indeed. Find out why these vehicles are so affordable to cover by checking out the information below.

How Scion Began

The brand's first vehicles became available during the 2004 model year. With such a short history, it's impressive to see how successful the brand has been. The name Scion means "descendant," which is apt when you consider that its parent company, Toyota, is viewed by the younger crowd to be somewhat played out and old. From the minute they debuted, these cars were designed to be affordable and fun. Because they were backed by Toyota, they were also reliable and high in quality. the manufacturer adopted a no-haggle policy, which helped to elevate its popularity too. Only one trim is offered on each model, but a wide variety of dealer-installed accessories are available.

Low Theft Rates Reduce Insurance Costs

Upon perusing the top-ten lists that are maintained by the National Insurance Crime Bureau, you'll find that not a single Scion appears on any of them. That's a good thing for a number of reasons. For one thing, no one wants their car to be stolen. For another, it helps to keep costs low. Insurers offer lower premiums for these vehicles because they aren't very likely to be stolen. It's just another way that you can save money by driving this brand.

Very Strong Safety Ratings Make for Lower Premiums Too

Safe cars are viewed with more confidence by insurers than those that perform poorly in crash tests. It makes sense. If a car is unsafe, its occupants are more likely to be injured or killed, which results in much higher claims for insurers. Scion vehicles have very strong safety ratings, and that fact helps to contribute to their low rates. The xD, tC and xB all have across-the-board "Good" ratings from the Insurance Institute for Highway Safety, so there's nothing to complain about in that department.

Affordable Price Tags Cut Protection Prices

If an insured car is totaled or incurs a great deal of damage, the cost of the claim is largely going to depend on the value of the vehicle. More expensive cars cost more to insure. With their low price tags, the Japanese manufacturer's cars are very affordable to protect. The xD hatchback, which is one of the most popular Scion models, has a starting MSRP or around $15,000. The xB wagon's starting price of $16,000 is very reasonable as well. The tC hatchback's starting MSRP is $18,500, so it's easy to see why insurance costs are so low.

The average cost to insure various Scion models is as follows:

• xD 4-Cylinder Hatchback - $1,268.00
• tC 4-Cylinder Hatchback - $1,520.00
• xB 4-Cylinder Wagon - $1,272.00