Cheaper 2016 Toyota Highlander Insurance Rates

Are you tired of being strong-armed each month for car insurance? You are in the same boat as millions of other vehicle owners. Big-name insurance companies like Geico and Progressive increase brand awareness with advertising and it is difficult to see through the deception and effectively compare rates to find the best deal.

Buy car insurance online

Cutting your car insurance rates is actually easier than you may think. You just have to invest a few minutes comparing rate quotes to find. Rate comparisons can be done by using one of the methods below.

  1. Experts agree that the best way consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This form eliminates the need for boring form submissions for every company. A single, simple form gets rate comparisons from many national carriers.
  2. A less efficient way to shop for car insurance online is to manually visit the website for every company you want to comare and fill out their own quote form. For example, we’ll assume you are doing a rate comparison from Nationwide, Esurance and Geico. To get rate quotes you would need to navigate to each company’s site to enter your coverage information, which is not fast way to get rate quotes.

    To view a list of companies in your area, click here.

  3. If you have time to kill, the last method to find cheaper rates is actually driving to all the different insurance agencies. Buying insurance online makes this unnecessary unless your situation requires the professional abilities that only a licensed agent can provide. It is possible to price shop online but buy from a local insurance agent.

Take whichever approach you prefer, but be sure to compare the exact same coverages on every quote you get. If each company quotes different data it’s impossible to determine the best price for your Toyota Highlander.

These discounts can lower car insurance rates

Car insurance can be pricey, but there could be available discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time of quoting, but some may not be applied and must be specially asked for before you get the savings.

  • Claim-Free Discount – Drivers with accident-free driving histories can earn big discounts when compared with policyholders that have many claims.
  • Good Driver Discounts – Drivers without accidents can save up to 40% or more on their insurance quote for Highlander insurance compared to accident prone drivers.
  • Good Grades Discount – This discount can get you a discount of up to 25%. You can use this discount normally until age 25.
  • Government Employee Discount – Active or retired federal employment can save as much as 8% for Highlander insurance depending on your car insurance provider.
  • Payment Discounts – If you can afford to pay the entire bill instead of making monthly payments you can avoid the installment charge.
  • Waiver for an Accident – but a few companies such as Allstate and Geico will let one accident slide before hitting you with a surcharge so long as you are claim-free for a specific time period.
  • Senior Citizen Rates – If you’re over the age of 55, you may receive lower premium rates for Highlander insurance.
  • Discounts for Multiple Vehicles – Insuring multiple cars or trucks with the same car insurance company can reduce rates for all insured vehicles.
  • Own a Home – Owning your own home or condo can get you a discount due to the fact that maintaining a home requires a higher level of personal finance.
  • E-sign Discounts – Certain car insurance companies will discount your bill up to fifty bucks for buying your policy on your computer.

You can save money using discounts, but most of the big mark downs will not be given the the whole policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, it’s just not the way it works.

Auto insurance companies that possibly offer most of the discounts above are:

Before you buy a policy, ask every company to give you their best rates. Discounts might not be available to policyholders everywhere. If you would like to choose from a list of companies that offer the discounts shown above, click here.

Learn how to lower your insurance rates

Lots of factors are considered when pricing auto insurance. Most are fairly basic such as your driving history, but others are less obvious like your continuous coverage or how safe your car is.

  • Eliminate add-on coverages – Insurance companies have many additional coverages that can add up but may not be useful. Insurance for rental car reimbursement, high-cost glass coverage, and extra equipment coverage may be wasting your money. They may sound like good ideas when buying your policy, but your money might be better spent on other coverage so remove them and pocket the money.
  • Do you have enough liability? – Your car insurance policy’s liability coverage will afford coverage if you are found liable for personal injury or accident damage. Liability insurance provides for a legal defense which can cost a lot. It is affordable coverage as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.
  • Gender matters – Statistics demonstrate women are more cautious behind the wheel. This data doesn’t prove that men are worse drivers. Both sexes cause at-fault accidents at about the same rate, but males cause more damage and cost insurance companies more money. Men also tend to get ticketed for serious violations like reckless driving and DUI. Male teenagers are most likely to cause an accident and are penalized with high car insurance rates.
  • What are your coverage deductibles? – Comprehensive and collision coverage deductibles represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Insurance for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some examples of claims that would be covered are a windshield broken by a bird, damage from fire, and damage from wind. The more expense you pay before a claim is paid (deductible), the lower your rates will be for Highlander insurance.

When do I need an agent’s advice?

When it comes to choosing proper insurance coverage for your personal vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Does car insurance cover theft of personal property?
  • At what point should I drop full coverage?
  • What is the difference between comprehensive and collision coverage?
  • If I drive on a suspended license am I covered?
  • Is my babysitter covered when using my vehicle?
  • What can I do if my company won’t pay a claim?
  • Should I buy only the required minimum liability coverage?
  • How high should my medical payments coverage be?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Can you really save if you switch?

Consumers constantly see and hear ads for cheaper car insurance from companies such as State Farm, Allstate and Geico. They all try to convey promises about saving some big amount just by moving your car insurance coverage to their company.

How does every car insurance company claim to save you money? It’s all in the numbers.

All the different companies offer their best rates for the type of driver that earns them a profit. For example, a profitable insured might have to be between the ages of 40 and 55, has other policies, and chooses high deductibles. A customer who matches those parameters will get a cheap rate quote and will also save a lot of money.

Insureds who cannot meet the requirements may be required to pay higher premiums which results in the customer not purchasing. If you pay attention, the ads say “people that switch” not “everybody who quotes” save money. That is how insurance companies can make those claims. This really emphasizes why it is so important to get a wide range of price quotes. Because you cannot predict which car insurance company will be your best fit.

Coverages available on your policy

Knowing the specifics of your policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverage types found on most auto insurance policies.

Liability insurance

This coverage will cover damages or injuries you inflict on people or other property in an accident. It protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for things such as medical expenses, repair bills for other people’s vehicles and attorney fees. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto collision coverage

This coverage will pay to fix damage to your Highlander caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a parking meter, backing into a parked car, colliding with a tree, hitting a mailbox and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive coverage

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as theft, hail damage, vandalism and a broken windshield. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for immediate expenses like nursing services, hospital visits and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Buy Smart and Save

Some insurance companies do not offer price quotes online and most of the time these regional carriers only sell through independent agencies. Cost effective 2016 Toyota Highlander insurance can be found both online and from local insurance agents, so you need to compare both in order to have the best chance of saving money.

As you quote insurance, it’s not a good idea to buy poor coverage just to save money. There are many occasions where drivers have reduced uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your strategy should be to purchase plenty of coverage at the best cost, not the least amount of coverage.

You just read a lot of ways to shop for 2016 Toyota Highlander insurance online. The most important thing to understand is the more you quote insurance, the better chance you’ll have of finding cheaper insurance. Consumers may even find the lowest prices are with a company that doesn’t do a lot of advertising. Regional companies may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate, Geico and Progressive.

More tips and info about insurance coverage can be found at these sites: