2018 Toyota Tundra Car Insurance Rates – 10 Ideas for Best Quotes

Pricey Toyota Tundra insurance can consume your family’s budget and force you to tighten up your finances. Comparison shopping is free, only takes a few minutes, and is a good way to make ends meet.

Insurance companies such as Progressive, Geico and Farmers Insurance all claim big savings, bombarding you with ads and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.

Consumers should take time to check auto insurance prices before your policy renews since insurance prices trend upward over time. Even if you think you had the best deal for Tundra insurance a couple years back you can probably find a better rate now. Don’t believe everything you read about auto insurance out there, but by reading this article, you’re going to learn some solid techniques on how to reduce your auto insurance bill.

If you currently have a car insurance policy, you will be able to save some money using this information. Finding affordable coverage is easy if you know what you’re doing. Although car owners need to have an understanding of how big insurance companies price online insurance and take advantage of how the system works.

Ways to get car insurance quotes

There are several ways to compare car insurance prices and some are less time-consuming than others. You can waste a lot of time driving to agents in your area, or you could save time and use the web to get rates in a matter of minutes.

Most of the best insurance companies participate in an industry program where insurance shoppers only type in their quote data once, and every company then returns a price quote for coverage. This prevents consumers from doing quote forms for every car insurance company. To find out what other companies charge click here to start a free quote.

One minor caviat to comparing rates this way is you are unable to specify the providers to get pricing from. So if you want to choose individual companies for rate comparison, we have a page of the cheapest car insurance companies in your area. Click to view list.

It’s up to you which method you use, but double check that you are using the exact same coverage data for every company. If each company quotes different coverage information you will not be able to determine which company has the best rates. Having just a slight variation in insurance coverages may result in large price differences. Just remember that comparing a large number of companies helps increase your odds of locating a lower rate than you’re paying now. Some companies don’t provide online quotes, so it’s important to also get rates from them as well.

These ten discounts can lower your auto insurance quotes

Some insurers don’t always list all possible discounts very well, so the below list has a few of the more common and also the more inconspicuous ways to save on auto insurance.

  • Club Memberships – Having an affiliation with a professional or civic organization is a good way to get lower rates on your next renewal.
  • Safety Restraint Discount – Drivers who require all occupants to fasten their seat belts could save 15% off the PIP or medical payment premium.
  • Accident Forgiveness – This one is not really a discount per se, but a few companies such as Geico, State Farm, and Progressive may permit one accident before raising your premiums as long as you don’t have any claims prior to being involved in the accident.
  • Military Discounts – Being on active deployment in the military can result in better auto insurance rates.
  • Passenger Safety Discount – Vehicles equipped with air bags or automatic seat belts can get savings as much as 30%.
  • Drivers Ed for Students – Require your teen driver to participate in a local driver’s education class in school or through a local driver safety program.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will qualify for a discount on a auto insurance quote.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
  • Paperwork-free – Certain larger companies may give you up to $50 for buying your policy on the internet.
  • Senior Discount – Mature drivers may be able to get reduced rates for Tundra insurance.

We need to note that many deductions do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like having all the discounts means you get insurance for free, it’s just not the way it works.

Popular auto insurance companies and a selection of discounts are included below.

  • Mercury Insurance policyholders can earn discounts including good student, multi-car, location of vehicle, good driver, age of vehicle, professional/association, and anti-theft.
  • Farmers Insurance offers discounts including business and professional, switch companies, good student, alternative fuel, and pay in full.
  • Farm Bureau may have discounts that include good student, youthful driver, renewal discount, multi-policy, 55 and retired, and multi-vehicle.
  • State Farm discounts include passive restraint, defensive driving training, multiple policy, Drive Safe & Save, driver’s education, and student away at school.
  • Allstate has savings for defensive driver, economy car, anti-lock brakes, resident student, auto/life discount, good student, and new car.
  • Geico has discounts for emergency military deployment, air bags, military active duty, membership and employees, multi-policy, defensive driver, and multi-vehicle.

When comparing rates, check with each company or agent to apply every possible discount. Savings may not apply everywhere. To choose insurance companies that offer some of these discounts, click here.

Different people need different insurance coverages

When it comes to choosing the best insurance coverage, there isn’t really a one size fits all plan. Each situation is unique so your insurance should reflect that Here are some questions about coverages that may help highlight whether your personal situation would benefit from professional advice.

  • Does car insurance cover theft of personal property?
  • Is motorclub coverage worth it?
  • What is no-fault insurance?
  • Do I really need UM/UIM coverage?
  • Am I covered if I wreck a rental car?
  • Should I buy more coverage than the required minimum liability coverage?
  • How many claims can I have before being cancelled?
  • Am I covered by my spouse’s policy after a separation?

If you can’t answer these questions, you may need to chat with 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.

Detailed coverages of your car insurance policy

Learning about specific coverages of a car insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Shown next are the normal coverages found on the average car insurance policy.

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as a broken windshield, vandalism and falling objects. The highest amount your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Tundra.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually these coverages are set the same as your liablity limits.

Liability

Liability coverage provides protection from damage or injury you incur to other’s property or people by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as emergency aid, repair bills for other people’s vehicles and loss of income. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses like X-ray expenses, funeral costs and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Collision insurance

This pays for damage to your Tundra resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, driving through your garage door, scraping a guard rail and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible to bring the cost down.