Compare 2004 Toyota Highlander Insurance Rates

Searching for cheaper insurance rates for your Toyota Highlander? There isn’t anyone who enjoys paying for insurance, especially knowing it costs too dang much. People have so many insurance companies to purchase coverage from, and even though it’s nice to be able to choose, too many choices makes it more difficult to compare company pricing.

It’s a great practice to compare premium rates periodically since insurance prices are constantly changing. Just because you had the lowest quotes for Highlander insurance two years ago you may be paying too much now. There are lots of tips to save on insurance online but in a few minutes you can learn some tested techniques to lower your insurance rates.

Buying car insurance is not that difficult. If you are paying for car insurance now, you will be able to save some money using these tips. Consumers just need to understand the proper methods to get comparison rates online.

Lower-cost insurance rates with discounts

Some insurance providers don’t always publicize every discount they offer in an easy-to-find place, so the list below gives a summary of both the well known and also the more inconspicuous discounts that you can inquire about if you buy insurance coverage online.

  • Data Collection Discounts – People who choose to allow driving data collection to analyze driving habits by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks as long as they are good drivers.
  • Bundled Policy Discount – When you combine your homeowners and auto insurance and insure them both with the same insurance company you may save nearly 15% which can help you find cheap insurance coverage.
  • ABS and Traction Control Discounts – Anti-lock brake equipped vehicles can avoid accidents so companies give up to a 10% discount.
  • Good Students Pay Less – Excelling in school can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up to age 25.
  • Early Renewal Discounts – A few insurance companies give discounts for buying a new policy early. It can save you around 10%.
  • Multiple Cars – Drivers who insure all your vehicles with the same insurance company can get a discount for every vehicle.
  • Discounts for Federal Employees – Having worked for a branch of the government can earn a discount up to 10% for Highlander insurance with select insurance companies.
  • Low Mileage Discounts – Maintaining low annual mileage could qualify for substantially lower rates.
  • Responsible Drivers – Insureds who avoid accidents could pay up to 40% less for Highlander insurance compared to accident prone drivers.
  • Service Members Pay Less – Having an actively deployed family member can result in better rates.

It’s important to understand that most discounts do not apply to the entire cost. Most only cut specific coverage prices like comp or med pay. So even though you would think you can get free auto insurance, that’s just not realistic.

A few of the larger companies and some of their more popular discounts are detailed below.

  • Travelers has discounts for payment discounts, driver training, IntelliDrive, save driver, home ownership, early quote, and multi-policy.
  • 21st Century offers discounts for air bags, driver training, good student, automatic seat belts, student driver, defensive driver, and 55 and older.
  • State Farm has savings for safe vehicle, Drive Safe & Save, multiple policy, Steer Clear safe driver discount, and defensive driving training.
  • GEICO includes discounts for daytime running lights, driver training, anti-lock brakes, five-year accident-free, multi-vehicle, and military active duty.
  • SAFECO policyholders can earn discounts including anti-lock brakes, accident prevention training, drive less, multi-car, bundle discounts, teen safety rewards, and anti-theft.
  • AAA offers discounts including pay-in-full, good student, multi-policy, multi-car, education and occupation, and anti-theft.

Before purchasing a policy, check with every insurance company which discounts can lower your rates. Some discounts listed above may not apply in your state. To locate insurers that offer discounts, click this link.

How to shop insurance coverage online

All major insurance coverage companies such as Progressive, Allstate and GEICO allow you to get coverage price quotes on their websites. The process is pretty easy as you just type in the amount of coverage you want into a form. Once you submit the form, their system makes automated requests for your credit score and driving record and returns a price quote determined by many factors. Online price estimates helps simplify price comparisons, but the process of having to visit multiple sites and fill out multiple forms can get tiresome after awhile. But it’s necessary to get many rate quotes in order to find lower prices.

The quickest way to get multiple rate quotes uses just one form to return rates from multiple companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online quotes much simpler. After your information is entered, it is rated and you are able to buy your choice of the quotes returned. If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. It takes 15 minutes at the most and you will know how your current rates stack up.

In order to find out how much you’re overpaying now, click here to open in new window and enter your information. If you have a policy now, it’s recommended you type in the limits and deductibles exactly as shown on your declarations page. Doing this guarantees you will get a rate comparison for similar insurance coverage.

Tailor your insurance coverage coverage to you

When it comes to choosing coverage for your vehicles, there is no single plan that fits everyone. Every situation is different and your policy should reflect that. These are some specific questions could help you determine if your situation would benefit from professional advice.

  • Am I better off with higher deductibles on my 2004 Toyota Highlander?
  • What are the best liability limits?
  • Why do I only qualify for high-risk insurance?
  • What companies insure drivers after a DUI or DWI?
  • Do all my vehicles need collision coverage?
  • Should I bundle my homeowners policy with my auto?
  • At what point should I drop full coverage?
  • Is upholstery damage covered by car insurance?
  • When should I buy a commercial auto policy?
  • How much liability coverage do I need in my state?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Coverages available on your car insurance policy

Understanding the coverages of your policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average car insurance policy.

Collision coverage – This coverage pays to fix your vehicle from damage from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as backing into a parked car, colliding with a tree and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like dental work, ambulance fees and chiropractic care. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hitting a deer, theft and hail damage. The highest amount your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

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

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as legal defense fees, attorney fees, emergency aid and bail bonds. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your Toyota Highlander.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

A penny saved is a penny earned

Affordable 2004 Toyota Highlander insurance is possible from both online companies as well as from independent agents, and you should compare price quotes from both to have the best selection. Some insurance companies don’t offer rates over the internet and these smaller providers work with independent agencies.

When buying insurance coverage, do not buy poor coverage just to save money. There have been many situations where someone dropped full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.

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