Save on 2012 Toyota Highlander Hybrid Car Insurance Rates

Sick and tired of not being able to afford each month for car insurance? You are no different than many other drivers.

Since consumers have many different company options, it can be challenging to find the cheapest car insurance company.

Companies offer discounts so take them!

Insurance can cost an arm and a leg, but you can get discounts that you may not even be aware of. Some discounts apply automatically when you quote, but less common discounts must be specially asked for prior to receiving the credit.

  • Discount for Swiching Early – Select companies give a discount for signing up prior to your current policy expiration. The savings is around 10%.
  • Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates for Highlander Hybrid coverage than their less cautious counterparts.
  • Use Seat Belts – Requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. This discount can apply up until you turn 25.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. A few only apply to specific coverage prices like physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, companies don’t profit that way. Any qualifying discounts will help reduce your overall premium however.

To see a list of insurers who offer auto insurance discounts, follow this link.

Do I just need basic coverages?

When buying the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. These are some specific questions might help in determining if your situation may require specific advice.

  • Do I need higher collision deductibles?
  • Does my policy cover me when driving someone else’s vehicle?
  • What is the difference between comprehensive and collision coverage?
  • What can I do if my company denied a claim?
  • Does medical payments coverage apply to all occupants?
  • What if I total my 2012 Toyota Highlander Hybrid and owe more than it’s worth?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Will my insurance pay for OEM parts?
  • I have good health insurance, so how much medical payments coverage do I need?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Auto insurance 101

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on most insurance policies.

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

Comprehensive insurance covers things such as hitting a bird, damage from a tornado or hurricane, fire damage, rock chips in glass and a broken windshield. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverages – This pays for damage to your Highlander Hybrid resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as sustaining damage from a pot hole, rolling your car, backing into a parked car, hitting a parking meter and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Toyota Highlander Hybrid.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are similar to your liability insurance amounts.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP kick in for bills such as dental work, rehabilitation expenses and doctor visits. They are often utilized in addition to your health insurance plan or if you do not have health coverage. It covers both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Liability coverage – This coverage will cover damage or injury you incur to other people or property. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like medical expenses, repair costs for stationary objects, funeral expenses, loss of income and legal defense fees. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

A fool and his money are soon parted

Lower-priced 2012 Toyota Highlander Hybrid insurance can be sourced from both online companies and with local insurance agents, so you should compare both so you have a total pricing picture. Some car insurance companies do not offer you the ability to get quotes online and these smaller companies work with independent agents.

Throughout this article, we presented some good ideas how you can compare insurance prices online. The key concept to understand is the more rate quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate or State Farm.

Much more information about car insurance is available below: