2013 Toyota Highlander Car Insurance Cost

Scraping up a payment for overpriced Toyota Highlander insurance can take a big chunk out of your savings account and make it hard to pay other bills. Comparison shopping is free and is an excellent way to tighten up your finances.

There are many auto insurance companies to pick from, and even though it’s nice to have a choice, too many choices makes it more difficult to adequately compare rates.

Smart consumers take time to price shop coverage occasionally because insurance rates go up and down regularly. Even if you got the best deal on Highlander coverage a couple years back you can probably find a better price now. Don’t believe everything you read about auto insurance online but by reading this article, you’re going to learn a lot of great tips on how to reduce your auto insurance bill.

The purpose of this post is to help you learn how car insurance quotes work and some tips to save money. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Although consumers must understand how companies compete online because it can help you find the best coverage.

The best way to compare rate quotes is to know almost all companies pay for the opportunity to provide you with free rate quotes. The one thing you need to do is give them rating details like if it has an alarm system, if you lease or own, distance driven, and what you do for a living. That rating data is instantly provided to many highly-rated insurers and you will get price comparisons quickly.

Pay less for 2013 Toyota Highlander insurance

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Most are applied at the time you complete a quote, but some must be requested specifically in order for you to get them.

  • Paperless Signup – A few companies will give a small break for buying a policy and signing up online.
  • College Student – Kids in college living away from home attending college and do not have a car can receive lower rates.
  • New Car Discount – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
  • Drive Less and Save – Low mileage vehicles can qualify you for better rates on cars that stay parked.
  • Student Driver Training – Have your child enroll in driver’s education in school.

Drivers should understand that most discount credits are not given to all coverage premiums. Most cut the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any qualifying discounts will cut your overall premium however.

To see a list of providers with discount insurance rates, follow this link.

Tailor your coverage to you

When buying coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions may help you determine whether or not you might need an agent’s assistance.

  • Which companies will insure high-risk drivers?
  • Am I covered by my spouse’s policy after a separation?
  • When do I need to add a new car to my policy?
  • Do I need medical payments coverage since I have good health insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • Should I waive the damage coverage when renting a car?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Specific coverage details

Learning about specific coverages of a car insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Shown next are the usual coverages offered by car insurance companies.

Liability coverage – Liability coverage protects you from damage or injury you incur to other’s property or people. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like attorney fees, legal defense fees and repair bills for other people’s vehicles. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured or underinsured coverage – This coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Toyota Highlander.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Normally these limits do not exceed the liability coverage limits.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like surgery, rehabilitation expenses, dental work and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and 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

Collision – Collision coverage pays for damage to your Highlander caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as backing into a parked car, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive protection – Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, damage from getting keyed, damage from flooding, vandalism and falling objects. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.