Save on 2013 Toyota Tundra Car Insurance Cost

Trying to find better insurance rates for your Toyota Tundra? Paying for expensive Toyota Tundra insurance can consume your bank account and put the squeeze on your family’s finances. Drivers have many insurers to pick from, and even though it’s nice to have multiple companies, more choices can make it harder to compare rates and cut insurance costs.

It’s a good idea to compare premium rates before your next renewal because insurance prices are usually higher with each renewal. Even if you think you had the lowest rates on Tundra coverage two years ago you will most likely find a better rate quote today. Ignore everything you know about insurance because we’re going to show you the tricks you need to know to properly buy coverages and cut your premium.

This information will teach you the most effective way to quote insurance and some tricks to saving. If you have car insurance now, you will be able to save some money using these methods. Drivers just need to understand the tricks to shop their coverage around on the web.

How to shop car insurance online

There are multiple methods to compare car insurance quotes, but some are less labor-intensive and much quicker. You can spend countless hours talking about coverages with insurance companies in your area, or you can utilize the internet to get prices fast.

Most car insurance companies participate in an industry program that enables customers to submit their information once, and each company returns a rated price determined by their information. This system prevents you from having to do quotation requests to every company. To find out how much you’re overpaying now click here to open in new window.

The single downside to pricing coverage this way is you cannot specify which providers you want pricing from. So if you prefer to pick specific providers for rate comparison, we have a page of the cheapest car insurance companies in your area. View list of insurance companies.

Take whichever approach you prefer, but double check that you are using the same quote information for every company. If each company quotes different limits and deductibles on each one it’s not possible to get a fair rate comparison.

Discounts for cheap car insurance quotes

Some companies do not list every discount in an easy-to-find place, so we took the time to find both well-publicized and also the more inconspicuous credits that you can use to lower your rates.

  • Paperless Signup – A few larger online companies may give you up to $50 just for signing your application online.
  • Service Members Pay Less – Being deployed in the military could trigger a small discount.
  • No Charge for an Accident – Not a discount per se, but a few companies such as Allstate, State Farm and GEICO will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
  • Anti-lock Brake System – Cars and trucks with ABS and/or traction control can avoid accidents and the ABS can save up to 10%.
  • Multi-line Discount – Larger companies have better rates if you take out a life policy as well.
  • Driver Training Discounts – Taking time to complete a class that teaches driver safety techniques can save you 5% or more if you qualify.
  • Multi-policy Discount – When you combine your auto and homeowners insurance and insure them with the same company you may earn at least 10% off all policies.
  • Distant Student Discount – Older children who are attending college and do not have a car could qualify for this discount.
  • Early Signing – A few larger companies give discounts for renewing your policy early. This discount can save up to 10%.

As is typical with insurance, most discount credits are not given the the whole policy. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, it doesn’t quite work that way.

Larger car insurance companies and a summarized list of policyholder discounts can be found below.

  • The Hartford includes discounts for bundle, good student, vehicle fuel type, air bag, driver training, defensive driver, and anti-theft.
  • American Family may include discounts for early bird, accident-free, air bags, multi-vehicle, and good driver.
  • Progressive policyholders can earn discounts including multi-policy, good student, multi-vehicle, continuous coverage, online signing, homeowner, and online quote discount.
  • Travelers has savings for good student, student away at school, payment discounts, hybrid/electric vehicle, multi-policy, and multi-car.
  • Farmers Insurance offers discounts for switch companies, homeowner, pay in full, bundle discounts, and mature driver.
  • USAA may offer discounts for defensive driver, loyalty savings, family discount, good student, multi-policy, new vehicle, and driver training.
  • Liberty Mutual has discounts for new graduate, new move discount, good student, newly retired, and hybrid vehicle.

Before buying, ask every company which discounts they offer. Savings might not be available to policyholders in your state. To see providers that can offer you the previously mentioned discounts, click this link.

Lower your insurance prices

The best way to find cheaper auto insurance is to take a look at the factors that are used to determine the rates you pay for auto insurance. If you have some idea of what influences your rates, this empowers consumers to make smart changes that can earn you cheaper rates.

Shown below are some of the factors utilized by car insurance companies to help set your rates.

  • Don’t skimp on liability coverage – Your policy’s liability coverage will provide protection in the event that you are determined to be liable for causing personal injury or damage in an accident. Liability provides legal defense starting from day one. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
  • Multiple policies with one company can save – The majority of auto insurance companies apply better rates to buyers that buy multiple policies such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even with this discount applied, it’s always a smart idea to get quotes from other companies to guarantee you are still saving the most. Drivers may still save more without the discount by buying insurance from more than one company.
  • Raise deductibles and save – Coverage for physical damage, also called comprehensive and collision insurance, insures against damage to your Toyota. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, or theft. Deductibles for physical damage represent how much money you are required to pay in the event of a claim. The more of the claim you pay before a claim is paid (deductible), the less your auto insurance will be on Tundra coverage.
  • Rates can change based on your address – Choosing to live in less populated areas is a positive aspect when shopping for auto insurance. Fewer drivers and short commutes means less chance of accidents in addition to fewer liability claims. Urban drivers have to deal with more traffic problems and higher rates of accident claims. Higher commute times means higher likelihood of an accident.
  • Safer vehicles means cheaper prices – Safe vehicles can get you lower premiums. Vehicles built for safety reduce occupant injuries and better occupant protection means less money paid by your insurance company and cheaper rates on your policy.

You may need specialized auto insurance coverage

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions might point out whether or not you might need professional guidance.

  • What are the best liability limits?
  • Am I covered when driving in Canada or Mexico?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What should my uninsured motorist coverage limits be in my state?
  • When would I need additional glass coverage?
  • Should I bundle my homeowners policy with my auto?
  • Is my camper covered by my car insurance policy?
  • What is high-risk coverage and where do I buy it?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Can you really save if you switch?

Consumers can’t escape the ads that claim the cheapest car insurance rates by State Farm, GEICO and Progressive. All the ads advertise the message that you’ll save big just by switching to them.

How does every auto insurance company give you a better price? It’s all in the numbers.

All companies quote their best rates for the type of driver that will add to their bottom line. For example, a desirable insured should be a mature driver, insures multiple vehicles, and drives a car with an anti-theft system. A customer getting a price quote that fits those parameters will probably get the lowest prices and is almost guaranteed to save some money.

Insureds who don’t qualify for the ideal profile will be charged more expensive rates which leads to business going elsewhere. The ads state “drivers who switch” but not “all drivers who get quotes” save that much when switching. That’s why companies can truthfully claim big savings.

Because each company has a different risk profile, you need to compare many company’s prices. It is impossible to predict with any certainty which company will give you the biggest savings.

Auto insurance policy specifics

Knowing the specifics of a auto insurance policy aids in choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on the average auto insurance policy.

Comprehensive insurance

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, hitting a deer and damage from a tornado or hurricane. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like nursing services, X-ray expenses, hospital visits and ambulance fees. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability coverage can cover damage that occurs to other’s property or people that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as pain and suffering, repair costs for stationary objects and medical services. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Collision insurance

Collision insurance will pay to fix damage to your Tundra resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as driving through your garage door, backing into a parked car, hitting a parking meter and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Tundra.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

In conclusion

We’ve covered a lot of tips how to lower your 2013 Toyota Tundra insurance rates. The key thing to remember is the more companies you get car insurance rates for, the better likelihood of getting inexpensive insurance. Consumers could even find that the most savings is with the least-expected company. Smaller companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate or State Farm.

Budget-friendly insurance coverage can be found on the web in addition to local insurance agencies, and you should compare price quotes from both to have the best selection. Some insurance providers do not provide rates over the internet and most of the time these smaller companies sell through independent insurance agents.

When you buy insurance online, you should never skimp on critical coverages to save a buck or two. There are too many instances where consumers will sacrifice full coverage and found out when filing a claim that they should have had better coverage. The goal is to buy a smart amount of coverage for the lowest cost, not the least amount of coverage.

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