Save on 2006 Toyota Tundra Car Insurance Rates

Tired of not being able to afford to buy car insurance? You are no different than the majority of other car owners.

Big-name insurance companies like Progressive, State Farm and Geico persitently shower you with ads and it is challenging if not impossible to ignore the propoganda and do the work needed to find the best deal.

It’s a good habit to compare rates once or twice a year since rates are rarely the same from one policy term to another. Despite the fact that you may have had the best deal on Tundra coverage a few years ago other companies may now be cheaper. Starting right now, ignore everything you know about auto insurance because you’re going to learn the best way to find lower rates on auto insurance.

Comprehensive Car Insurance Comparison

There are several ways to compare rate quotes from car insurance companies in your area. The recommended way to find the cheapest 2006 Toyota Tundra insurance rates consists of obtaining rate quotes online. This is very easy and can be done in a couple of different ways.

  1. The single most time-saving way to find low rates is an all-inclusive rate comparison like this one (opens in new window). This method keeps you from doing boring form submissions for each company. In just a few minutes this one form will get you price quotes from multiple companies.
  2. A more time consuming way to find lower rates is spending the time to visit the website of each company and complete a new quote form. For examples sake, we’ll assume you want comparison quotes from Progressive, Allstate and GMAC. You would have to visit each site to input your insurance information, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

Whichever method you choose, make darn sure you compare identical coverage information for every company. If the quotes have different deductibles it’s impossible to make an equal comparison. Having just a slight variation in limits may result in large price differences. Just keep in mind that having more price comparisons will enable you to find a lower rate.

Factors that might impact rates for a Toyota Tundra

Smart consumers have a good feel for the rating factors that come into play when calculating insurance coverage rates. Knowing what influences your rates empowers consumers to make smart changes that could result in lower insurance coverage prices.

The list below includes some of the items used by your company to calculate premiums.

  • Rates may be higher depending on your occupation – Jobs such as lawyers, architects and accountants tend to pay higher rates than average in part from high stress levels and long work hours. On the flip side, occupations such as pilots, athletes and the unemployed have the lowest average rates on Tundra coverage.
  • Do you need those extra coverages? – There are a ton of add-on coverages you can purchase if you aren’t careful. Coverages for roadside assistance, better glass coverage and term life insurance may be costing you every month. These coverages may sound good when you first buy your policy, but if they’re wasting money eliminate them to save money.
  • Frequent insurance coverage claims increase rates – If you file claims often, you can look forward to higher rates. Auto insurance companies award lower rates to policyholders who are claim-free. Insurance coverage is intended for larger claims.
  • High crash test scores lower rates – Vehicles with high crash test scores can get you lower premiums. The safest vehicles have better occupant injury protection and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If your Toyota is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.

Do you qualify for a discount?

Car insurance companies don’t always list all their discounts very well, so we took the time to find both the well known as well as the least known savings tricks you should be using.

  • Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • No Charge for an Accident – Some insurance companies permit an accident without raising rates as long as you don’t have any claims for a certain period of time.
  • Homeowners Savings – Being a homeowner may trigger a insurance coverage policy discount due to the fact that maintaining a home demonstrates responsibility.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
  • Drive Safe and Save – Safe drivers can pay as much as 50% less on Tundra coverage than drivers with accident claims.
  • Seat Belts Save – Requiring all passengers to use their safety belts could save 15% on the medical payments or PIP coverage costs.
  • Discount for Good Grades – Getting good grades can be rewarded with saving of up to 25%. The good student discount can last until age 25.

Drivers should understand that most of the big mark downs will not be given the the whole policy. Most cut individual premiums such as comprehensive or collision. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn’t work that way.

Companies that may offer these discounts include:

It’s a good idea to ask every prospective company which discounts you may be entitled to. Discounts may not be available in every state.

What coverages do I need?

When choosing coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For instance, these questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Which is better, split liability limits or combined limits?
  • What should my uninsured motorist coverage limits be in my state?
  • Do I need PIP coverage since I have good health insurance?
  • Is a blown tire covered by insurance?
  • Does my insurance cover my expensive audio equipment?
  • Is business property covered if stolen from my car?
  • Is my vehicle covered by my employer’s policy when using it for work?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Coverage specifics

Learning about specific coverages of a auto insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most auto insurance policies.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like funeral costs, dental work, chiropractic care and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability coverages – Liability insurance can cover damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability insurance covers things such as legal defense fees, medical services, repair bills for other people’s vehicles, bail bonds and medical expenses. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Tundra.

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 important protection for you and your family.

Collision – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like driving through your garage door, damaging your car on a curb and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like falling objects, vandalism, damage from flooding, damage from getting keyed and a broken windshield. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

More choices the merrier

We just covered some good ideas how you can reduce 2006 Toyota Tundra insurance prices online. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the lowest priced auto insurance comes from some of the smallest insurance companies. These companies may only write in your state and offer lower rates as compared to the big name companies such as Geico and State Farm.

As you go through the steps to switch your coverage, don’t be tempted to buy less coverage just to save a little money. There have been many cases where an insured dropped comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. The aim is to find the BEST coverage at a price you can afford.

Additional auto insurance information can be read below: