Lower Your 2004 Toyota Land Cruiser Car Insurance Cost

Trying to find cheaper insurance for a Toyota Land Cruiser could be difficult, but you can use the following methods and make it easy. There is a better way to find auto insurance online and you need to know the quickest way to quote coverages on a Toyota and obtain the lowest possible price from local insurance agents and online providers.

How to Compare Insurance Coverage Costs

Shopping for lower insurance coverage rates can take time and effort if you don’t utilize the most efficient way. You can waste a lot of time driving to agents in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Many popular insurance companies belong to a marketplace that allows shoppers to submit their information once, and each participating company then returns a price quote based on the submitted data. This saves time by eliminating repetitive form submissions to each company.

To enter your information into the quoting system, click to open in new window.

The one disadvantage to comparing rates this way is you don’t know exactly the companies you will receive quotes from. So if you want to select from a list of companies to receive pricing from, we have a listing of insurance coverage companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just make darn sure you compare apples-to-apples quote information with every price quote. If each company quotes mixed coverages you can’t possibly make an equal comparison.

How much can you save with discounts?

Companies offering auto insurance do not list every discount in an easy-to-find place, so here is a list some of the best known and the harder-to-find savings tricks you should be using. If they aren’t giving you every credit available, you’re paying more than you need to.

  • No Accidents – Claim-free drivers pay less as compared to drivers who are more careless.
  • Auto/Life Discount – Larger companies have lower rates if you buy life insurance from them.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
  • Save over 55 – Mature drivers may be able to get reduced rates on Land Cruiser coverage.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Low Mileage – Driving fewer miles can qualify you for better rates on cars that stay parked.
  • Defensive Driver – Successfully completing a course teaching defensive driving skills could save 5% or more and easily recoup the cost of the course.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Safe Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Land Cruiser coverage than drivers with accident claims.

A little note about advertised discounts, some of the credits will not apply to the entire cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky.

For a list of companies with the best auto insurance discounts, follow this link.

How much car insurance do I need?

When it comes to buying the right insurance coverage, there really is no best way to insure your cars. Every situation is different.

Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • Should I get collision insurance on every vehicle?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • How do I file an SR-22 for a DUI in my state?
  • What exactly is covered by my policy?
  • What happens if I owe more than my 2004 Toyota Land Cruiser is worth?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Are all vehicle passengers covered by medical payments coverage?

If you can’t answer these questions then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and may give you better protection.

Toyota Land Cruiser insurance rates can be determined by these details

Consumers need to have an understanding of the different types of things that help determine the rates you pay for insurance. Having a good understanding of what impacts premium levels enables informed choices that could result in lower insurance prices.

  • Battle of the sexes – The statistics show that women are safer drivers than men. However, don’t assume that women are better drivers. They both have accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also receive more costly citations like DUI and reckless driving.
  • Extra add-on coverages are wasting money – There are a ton of add-on coverages that can waste your money when buying insurance. Things like rental car reimbursement, accident forgiveness and membership fees may be wasting your money. These coverages may sound good when talking to your agent, but your needs may have changed so remove them from your policy.
  • Never allow your policy to lapse – Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your coverage have a gap. And not only will insurance be more expensive, but not being able to provide proof of insurance can result in a license revocation or jail time.
  • Do you qualify for a multi-policy discount? – Most insurance companies will give a discount to customers who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to comparison shop to make sure you are getting the best deal.
  • Bad driving skills means higher rates – Your driving citation history has a lot to do with how much you pay for insurance. Drivers who don’t get tickets tend to pay less for car insurance than people who have multiple driving citations. Only having one speeding ticket can bump up the cost forty percent or more. Drivers who have severe citations such as DUI or reckless driving may need to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
  • Proper usage rating affects rates – Driving more miles each year the higher your rate. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars left parked in the garage receive lower rates than vehicles that are driven to work every day. Make sure your insurance coverage is showing the proper vehicle usage, because improper ratings can cost you money. If your policy improperly rates your Land Cruiser can cost quite a bit.
  • Your job and insurance rates – Did you know your job can affect your rates? Occupations such as judges, business owners and financial analysts have higher average rates attributed to stressful work requirements and long work hours. Conversely, occupations such as farmers, engineers and homemakers get better rates on Land Cruiser coverage.

Do you really save 40% when you switch?

Drivers get pounded daily by advertisements for the lowest price auto insurance by companies like State Farm, Geico and Progressive. All the ads say the same thing about savings if you switch to them.

How do they all say the same thing?

All the different companies can use profiling for the right customer that is profitable for them. For instance, a desirable insured might be profiled as between 30 and 50, is a homeowner, and chooses high deductibles. A customer who fits that profile will qualify for the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential insureds who do not match the requirements must pay higher premiums and ends up with the customer not buying. Company advertisements say “people who switch” not “everyone that quotes” save that much. That’s why companies can truthfully claim big savings. This illustrates why you should quote coverage with many companies. It’s not possible to predict which insurance companies will fit your personal profile best.

Car insurance 101

Understanding the coverages of car insurance can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Comprehensive insurance – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a deer, theft and rock chips in glass. The maximum payout your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision – Collision coverage will pay to fix damage to your Land Cruiser resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like sideswiping another vehicle, scraping a guard rail and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Liability coverage – This provides protection from injuries or damage you cause to other people or property that is your fault. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims such as structural damage, pain and suffering, repair costs for stationary objects, attorney fees and emergency aid. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2004 Toyota Land Cruiser.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for dental work, ambulance fees, EMT expenses, chiropractic care and surgery. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

A fool and his money are soon parted

Consumers switch companies for any number of reasons including questionable increases in premium, unfair underwriting practices, extreme rates for teen drivers and an unsatisfactory settlement offer. It doesn’t matter why you want to switch finding a new company can be easy and end up saving you some money.

When shopping online for insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where an accident victim reduced uninsured motorist or liability limits and discovered at claim time they didn’t purchase enough coverage. Your strategy should be to buy enough coverage at an affordable rate.

Cost effective 2004 Toyota Land Cruiser insurance can be bought on the web and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

More information is available at the links below