Lower Your 1995 Toyota 4Runner Insurance Rates

Looking for lower insurance rates for your Toyota 4Runner? Have you fallen victim to high-priced insurance? You’re preaching to the choir because there are lots of people in the same boat. Big companies like State Farm, GEICO and Farmers Insurance all claim big savings, bombarding you with TV and radio ads and it is difficult to sift through the bull and take the time to shop coverage around.

It’s a good idea to check insurance prices every six months since insurance rates change frequently. Even if you got the best deal on 4Runner insurance at your last renewal you can probably find a better price now. There is a lot of bad information regarding insurance on the web, but we’re going to give you some of the best ways to lower your insurance premiums.

How to lower your car insurance cost

There are a lot of ways to compare car insurance prices but there is one way that is less labor-intensive and much quicker. You can waste a lot of time driving to insurance agencies in your area, or you could use online quotes to get rate comparisons in just a few minutes.

Most of the larger companies enroll in a system that allows shoppers to submit one quote, and at least one company returns a competitive quote for coverage. This saves time by eliminating quote forms for every car insurance company. To enter your information into the quoting system, click to open in new window.

The single downside to using this type of system is that you can’t choose which carriers you want pricing from. If you prefer to choose individual companies to receive pricing from, we have assembled a list of companies who write car insurance in your area. Click here to view list.

It’s up to you which method you use, but do your best to enter the exact same coverages with every price quote. If you are comparing unequal deductibles or liability limits it will be next to impossible to get a fair rate comparison.

Can switching companies really save?

Consumers can’t get away from ads that promise big savings for switching from companies such as 21st Century, Allstate and State Farm. They all seem to advertise claims about how much you will save if you change to their company.

That’s great but how can every company save you money?

All the different companies require specific criteria for the type of driver that earns them the highest profit. For instance, this type of driver may need to be between 30 and 50, has never had a claim, and drives a safe vehicle. Any person that fits those parameters receives the best rates and will save if they switch.

Potential customers who are not a match for this stringent profile will get a higher premium with the end result being the prospect going elsewhere. The trick is to say “people that switch” not “everybody who quotes” save that much money. That is how companies can make those claims.

This illustrates why you really need to compare price quotes frequently. It’s not possible to predict which insurance companies will fit your personal profile best.

Toyota 4Runner insurance price factors

Many factors are part of the equation when you get your auto insurance bill. Some are obvious such as your driving history, although some other factors are not as apparent such as whether you are married or how financially stable you are.Part of the insurance buying process is learning the factors that are used to determine your policy premiums. When you know what positively or negatively influences your rates, this helps enable you to make changes that will entitle you to cheaper rates.

  • Know your vehicle’s safety rating – Vehicles with good safety scores cost less to insure. Highly rated vehicles reduce occupant injuries and any reduction in injury severity means lower claim amounts and lower rates for you.
  • Insurance rates and driver gender – Statistics have proven that females tend to be a little less risky than males. That doesn’t necessarily mean that women are better drivers. They both have auto accidents in similar percentages, but the men have accidents that have higher claims. Not only that, but men also receive more major tickets like DUI and reckless driving.
  • Companies want multiple policies – Most insurance companies will award discounts for people who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s still a good idea to comparison shop to make sure you are getting the best deal.
  • Discounts for alarms and GPS tracking – Purchasing a vehicle with advanced anti-theft systems can save you some money. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent auto theft and help lower rates.
  • Lower annual miles equals lower premium – Driving a lot of miles in a year’s time the higher your rate. Most insurance companies price each vehicle’s coverage based on their usage. Autos left parked in the garage qualify for better rates than those used for commuting. Improper usage on your 4Runner is just wasting money. It’s a smart idea to ensure your vehicle rating shows the correct usage, because it can save money.

Save a ton with these insurance coverage discounts

Insurance coverage is easily one of your largest bills, but there could be significant discounts that many people don’t even know exist. Some discounts will apply when you purchase, but a few must be requested specifically in order for you to get them.

  • Passive Restraint Discount – Factory air bags or automatic seat belts can get savings up to 30%.
  • Paperwork-free – Some of the larger companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Theft Deterent System – Cars and trucks optioned with advanced anti-theft systems are less likely to be stolen and will save you 10% or more.
  • One Accident Forgiven – This one is not really a discount per se, but a handful of insurance companies will forgive one accident before hitting you with a surcharge if you have no claims for a specific time period.
  • Student Discounts – Maintaining excellent grades may save as much as 25% on a car insurance quote. This discount can apply up until you turn 25.

A little note about advertised discounts, most discounts do not apply to the entire cost. The majority will only reduce specific coverage prices like liability and collision coverage. Just because it seems like adding up those discounts means a free policy, it just doesn’t work that way. But all discounts will help lower the cost of coverage.

If you would like to choose from a list of insurance coverage companies that offer many of these discounts, click this link.

Insurance can get complicated

When choosing the best insurance coverage for your vehicles, there is no perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might point out whether you may require specific advice.

  • Are rental cars covered under my policy?
  • Do I need an umbrella policy?
  • Should I buy more coverage than the required minimum liability coverage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How does medical payments coverage work?
  • Is other people’s property covered if stolen from my vehicle?

If you don’t know the answers to these 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, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

The coverage is in the details

Understanding the coverages of auto insurance can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Uninsured/Underinsured Motorist coverage

This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as damage to your Toyota 4Runner.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Most of the time the UM/UIM limits are set the same as your liablity limits.

Collision insurance

This covers damage to your 4Runner from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, crashing into a building, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive coverage

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from flooding, hitting a deer and falling objects. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto liability insurance

Liability coverage will cover damage that occurs to people or other property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers claims such as medical expenses, attorney fees and emergency aid. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for bills for rehabilitation expenses, surgery and X-ray expenses. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Don’t break the bank

The cheapest 1995 Toyota 4Runner insurance can be bought from both online companies and from local agencies, and you need to comparison shop both in order to have the best chance of saving money. Some insurance coverage companies may not offer online rate quotes and these small, regional companies work with independent insurance agents.

We just showed you a lot of ways to lower your 1995 Toyota 4Runner insurance prices. It’s most important to understand that the more companies you get rates for, the higher your chance of finding cheaper car insurance. You may be surprised to find that the best prices are with the least-expected company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate, GEICO and Progressive.

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