1996 Toyota Previa Insurance Rates – 5 Policy Discounts

Searching for better car insurance rates for your Toyota Previa? Having to pay for overpriced car insurance can take a big chunk out of your bank account and put the squeeze on your family’s finances. Doing a price comparison is free, only takes a few minutes, and is a good way to lower your monthly bill. Since consumers have many companies and agents to choose from, it is very difficult to locate the lowest price car insurance company.

Buying the lowest cost auto insurance coverage can be fairly easy. If you have a policy now or are looking for a new policy, you will benefit by learning to get lower rates and still get good coverage. Drivers just need to understand the proper way to shop their coverage around over the internet.

Cut your car insurance rates with these five discounts

Car insurance is not cheap, buy you may qualify for discounts that many people don’t even know exist. Some trigger automatically at quote time, but some may not be applied and must be requested specifically prior to getting the savings. If they aren’t giving you every credit available, you’re paying more than you need to.

  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same car insurance policy may reduce the rate for each vehicle.
  • Sign Online – A handful of insurance companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Homeowners Savings – Owning a house can help you save on car insurance because owning a home is proof that your finances are in order.
  • Multi-policy Discount – If you insure your home and vehicles with the same company you will save at least 10% off all policies.

It’s important to understand that most discounts do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Even though it may seem like you could get a free car insurance policy, companies don’t profit that way. Any amount of discount will cut your overall premium however.

Companies that may offer these money-saving discounts are:

Double check with each insurance company which discounts you may be entitled to. Some discounts might not be offered in your state.

You are unique and your car insurance should be too

When it comes to buying proper insurance coverage, there is no best way to insure your cars. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • Why am I required to buy high-risk coverage?
  • When does my teenage driver need to be added to my policy?
  • Does my policy cover me when driving someone else’s vehicle?
  • Is my dog or cat covered if injured in an accident?
  • Do I need PIP (personal injury protection) coverage in my state?
  • When should I not file a claim?
  • Do I need motorclub coverage?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Switch companies and save? Really?

Consumers can’t get away from ads for car insurance savings by Allstate and Progressive. All the ads have a common claim that you’ll save big after switching to their company.

How do they all make the same claim?

Different companies can use profiling for the driver that is profitable for them. A good example of a driver they prefer might be between 25 and 40, owns a home, and has excellent credit. A customer who fits that profile will get the preferred rates and most likely will pay quite a bit less when switching companies.

Potential insureds who don’t qualify for the requirements will have to pay higher prices and ends up with the customer not buying. The ads state “customers who switch” but not “drivers who get quotes” save that kind of money. That’s why insurance companies can confidently make those claims.

Because of the profiling, you need to quote coverage with many companies. You cannot predict the company that will have the lowest Toyota Previa insurance rates.

Coverages available on your auto insurance policy

Learning about specific coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are the usual coverages available from auto insurance companies.

Liability insurance – This coverage provides protection from damages or injuries you inflict on a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as repair bills for other people’s vehicles, emergency aid, attorney fees, medical expenses and pain and suffering. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Toyota Previa.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision – Collision coverage will pay to fix damage to your Previa resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as hitting a parking meter, crashing into a building, scraping a guard rail, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like hospital visits, funeral costs, pain medications and nursing services. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive coverages – Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hail damage, a tree branch falling on your vehicle and falling objects. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Shop smart and save

As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. In many instances, consumers will sacrifice liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. The aim is to buy enough coverage at a price you can afford, not the least amount of coverage.

Throughout this article, we presented quite a bit of information on how to lower your 1996 Toyota Previa insurance rates. The key thing to remember is the more times you quote, the better your chances of lowering your rates. You may even find the lowest priced insurance comes from a small local company. These smaller insurers can often provide lower rates in certain areas than the large multi-state companies such as Geico and State Farm.

More detailed insurance information is available in the articles below: