2005 Toyota Highlander Insurance Cost – 10 Tricks for Best Prices

Trying to find the cheapest insurance for a Toyota Highlander can turn out to be difficult, but you can learn the following methods and make it easy. There are more efficient ways to compare insurance rates and you need to know the absolute fastest way to price shop coverage on a Toyota and get the cheapest rates from both online companies and local agents.

Quick Insurance Quotes

All the larger insurance companies provide prices for coverage directly from their websites. Getting quotes doesn’t take a lot of time as you just type in your required coverages as requested by the quote form. Once entered, the company’s rating system automatically retrieves reports for credit and driving violations and generates a price based on these and other factors.

Online price quotes streamlines rate comparisons, but the work required to visit several different sites and enter the same data into a form can be a bit tiresome and repetitive. But it’s very important to do this if you are searching for better prices.

The better way to compare rates

The easiest way to compare rates utilizes a single form to return rates from multiple companies. The form is fast, requires much less work on your part, and makes online price comparison much easier to do. Once the form is submitted, your coverage is rated and you can select any or none of the quotes returned. If the quotes result in lower rates, you can click and sign and buy the new coverage. It takes 15 minutes at the most and could lower your rates considerably.

To find out how much you can save on insurance, simply click here to open in new window and complete the simple form. If you currently have coverage, we recommend that you enter the insurance coverages as close as possible to your current policy. This way, you will have an apples-to-apples comparison using the exact same coverages.

Best discounts on Toyota Highlander coverage

Companies do not list every available discount in an easy-to-find place, so we took the time to find some of the more common and also the lesser-known discounts you could be receiving. If they aren’t giving you every credit available, you’re just leaving money on the table.

  • Auto/Life Discount – Select insurance companies reward you with lower rates if you buy auto and life insurance together.
  • Student in College – Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
  • Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more on Highlander insurance than drivers with accident claims.
  • Anti-theft Discount – Vehicles with anti-theft systems help deter theft and will save you 10% or more.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Discount for New Cars – Insuring a new car is cheaper due to better safety requirements for new cars.
  • Good Student Discount – Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
  • No Accidents – Claim-free drivers pay less when compared to bad drivers.
  • Government Employees – Simply working for the federal government may qualify you for a discount on Highlander insurance with a few car insurance companies.
  • Club Memberships – Affiliation with a professional or civic organization is a good way to get lower rates on car insurance on Highlander insurance.

Drivers should understand that most discount credits are not given to all coverage premiums. Most cut the price of certain insurance coverages like comprehensive or collision. So when it seems like all those discounts means the company will pay you, car insurance companies aren’t that generous.

A partial list of companies that may have some of the above discounts are:

Before buying, ask each company which discounts you may be entitled to. All car insurance discounts might not be offered in your area.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there really is not a cookie cutter policy. Every situation is different.

Here are some questions about coverages that can help discover if your insurance needs might need an agent’s assistance.

  • Which is better, split liability limits or combined limits?
  • How much liability insurance is required?
  • Is business property covered if stolen from my car?
  • Can I afford low physical damage deductibles?
  • Do I need roadside assistance coverage?
  • When can I cancel my policy?
  • Are rock chip repairs covered?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and can provide invaluable advice.

Auto insurance policy specifics

Understanding the coverages of your policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Auto liability

This coverage can cover damages or injuries you inflict on a person or their property. Liability coverage has three limits: 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 means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

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

Auto collision coverage

Collision coverage will pay to fix damage to your Highlander resulting from colliding 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 insurance covers claims such as hitting a parking meter, damaging your car on a curb, backing into a parked car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Toyota Highlander.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses such as pain medications, dental work and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, hitting a bird, hitting a deer, fire damage and a broken windshield. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

More comparisons equals lower rates

As you go through the steps to switch your coverage, don’t be tempted to reduce coverage to reduce premium. In many instances, an insured dropped full coverage only to find out that they should have had better coverage. The ultimate goal is to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

People switch companies for any number of reasons including policy non-renewal, being labeled a high risk driver, not issuing a premium refund or even high rates after DUI convictions. Whatever your reason, switching car insurance companies is actually quite simple.

Affordable 2005 Toyota Highlander insurance is possible both online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. A few companies do not offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Much more information about car insurance can be found at the links below