Compare 2014 Toyota Highlander Insurance Cost

Searching for cheaper insurance rates for your Toyota Highlander? Locating cheaper insurance for a new or used Toyota Highlander can turn out to be a lot of work, but you can follow these tips and make it easy.

There is a right way and a wrong way to find insurance online so you’re going to learn the best way to quote coverages for a Toyota and locate the best price possible.

If you have a policy now or are looking for a new policy, you will benefit by learning to shop for the lowest rates while maximizing coverage. Buying affordable car insurance is easy if you know what you’re doing. Drivers just need to know how to shop their coverage around over the internet.

How to buy insurance online

Many insurance companies allow consumers to get insurance quotes on their websites. Obtaining pricing is quite easy as you simply enter the coverages you want on the page. Behind the scenes, the system makes automated requests for your driving and credit reports and provides a quote.

Online price quotes makes it easy to compare insurance prices but the time it takes to visit different websites and enter the same data into a form is not the best way to spend an afternoon. Unfortunately, it is important to do this in order to get the best price on insurance.

There is a better way!

A less time-consuming method to lower your insurance bill uses just one form to obtain quotes from a lot of companies. The form is fast, eliminates repetitive work, and makes comparison shopping much easier to do. After sending the form, it gets priced with multiple companies and you can pick your choice of the price quotes you receive.

If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The entire process takes just a few minutes to complete and you will find out if you’re overpaying now.

To find out how much you can save on insurance, click here and input your coverage information. If you have your current policy handy, we recommend you enter the limits and deductibles just like they are on your policy. This guarantees you will get comparison quotes using the exact same coverages.

Car insurance policy discounts you can’t miss

Not too many consumers would say car insurance is affordable, but you can get discounts to reduce the price significantly. Many discounts should be triggered at the time you complete a quote, but occassionally some discounts must be requested specifically before you will receive the discount.

  • Theft Prevention Discount – Cars equipped with anti-theft or alarm systems are stolen less frequently and will qualify for a discount on a insurance coverage quote.
  • Pay Early and Save – If paying your policy premium upfront rather than spreading payments over time you could save up to 5%.
  • Waiver for an Accident – Not really a discount, but a handful of insurance companies permit an accident without getting socked with a rate hike so long as you are claim-free for a certain period of time.
  • ABS Braking Discount – Vehicles with ABS and/or traction control prevent accidents so you can save 10 percent or more.
  • Safety Restraint Discount – Drivers who require all occupants to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.
  • Claim Free – Good drivers with no accidents have much lower rates as opposed to bad drivers.
  • Good Student Discount – Getting good grades can save 20 to 25%. Many companies even apply the discount to college students up until you turn 25.

While discounts sound great, it’s important to understand that some of the credits will not apply to all coverage premiums. Most only cut the cost of specific coverages such as liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you’re out of luck.

Large car insurance companies and a summarized list of policyholder discounts can be read below.

  • GEICO policyholders can earn discounts including membership and employees, military active duty, anti-theft, good student, and five-year accident-free.
  • MetLife may offer discounts for accident-free, claim-free, multi-policy, good student, and defensive driver.
  • State Farm may have discounts that include passive restraint, multiple autos, student away at school, Drive Safe & Save, anti-theft, Steer Clear safe driver discount, and safe vehicle.
  • Progressive offers discounts for homeowner, online signing, good student, multi-policy, online quote discount, continuous coverage, and multi-vehicle.
  • Mercury Insurance includes discounts for multi-policy, type of vehicle, multi-car, annual mileage, good driver, professional/association, and ease of repair.
  • 21st Century discounts include defensive driver, anti-lock brakes, good student, homeowners, early bird, student driver, and 55 and older.
  • Allstate offers premium reductions for resident student, auto/life discount, anti-theft, 55 and retired, anti-lock brakes, FullPay discount, and defensive driver.

If you want inexpensive insurance coverage quotes, ask every prospective company which credits you are entitled to. Some discounts listed above might not apply in your area. To choose providers that offer multiple discounts, click here to view.

Insurance agents can help

When it comes to buying the best car insurance coverage, there is no cookie cutter policy. Every insured’s situation is different.

For instance, these questions might help in determining whether or not you would benefit from professional advice.

  • What can I do if my company denied a claim?
  • Am I covered if I hit my neighbor’s mailbox?
  • When do I need to add a new car to my policy?
  • If I drive on a suspended license am I covered?
  • Are there companies who specialize in insuring high-risk drivers?
  • Can I rent a car in Mexico?

If you’re not sure about those questions then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and can help protect your family.

Smart buyers know how to find auto insurance at a discount

When buying auto insurance it’s important to understand some of the factors that play a part in calculating the price you pay for auto insurance. If you understand what controls the rates you pay, this allows you to make educated decisions that can earn you better auto insurance rates.

  • Your age impacts your costs – Young drivers are known to be less responsible with other occupants in the car therefore auto insurance rates are much higher. More experienced drivers are proven to be safer behind the wheel, tend to file fewer claims and receive fewer citations.
  • Keep policy claims to a minimum – If you are the type of insured that files lots of claims you should expect much higher rates or policy non-renewal. Companies award most affordable rates to people who file claims infrequently. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Don’t get traffic citations – Careful drivers get better prices compared to bad drivers. Having just one chargable violation may increase your cost by as much as thirty percent. Drivers who have received careless violations like hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 or proof of financial responsibility with their state in order to keep their license.
  • Alarm systems systems cut auto insurance rates – Buying a car that has an advanced theft prevention system can save you some money. Theft prevention devices such as OnStar, LoJack tracking, and tamper alarms can thwart your car from being stolen.
  • Low stress employer equals lower auto insurance rates – Do you work in a high-stress field? Occupational choices like military personnelpolice officers and emergency personnel have higher premium rates in part from intense work-related stress and long work hours. On the other hand, careers like farmers, engineers and the unemployed have lower than average premiums on Highlander insurance.
  • Defend yourself with liability – Your policy’s liability coverage will afford coverage in the event that you are determined to be liable for damages from an accident. Liability insurance provides for a legal defense which can be incredibly expensive. It is affordable coverage when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
  • Buy a safe car and pay less – Vehicles with high crash test scores are cheaper to insure. The safest vehicles reduce the chance of injuries and better occupant protection translates into fewer and smaller insurance claims which can result in lower premiums. If your Toyota Highlander is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Having a spouse is a good thing – Having a spouse may cut your premiums on your auto insurance policy. Having a significant other usually means you are more responsible and statistics show drivers who are married are more cautious.

Switch companies and save? Really?

Consumers can’t escape the ads that claim the lowest rates by State Farm, Allstate and GEICO. All the ads convey the message that drivers will save a bundle if you get a free insurance coverage quote and switch your coverage.

But how can every company give you a lower rate? It’s all in the numbers.

All companies have strict underwriting profiles for the driver they prefer to insure. For example, this type of risk profile may need to be a married female, has no tickets, and drives a lower-performance vehicle. A customer getting a price quote that matches those criteria may get the lowest car insurance rates and most likely will save a lot of money.

Drivers who don’t meet those criteria will probably have to pay higher premiums which usually ends up with business not being written. If you listen to the ad wording, they say “customers who switch” not “everyone who quotes” save money. That is how insurance companies can make it sound like they have such great rates.

Because of this risk profiling, you need to get price quotes at each policy renewal. It is impossible to predict the company that will have the lowest prices for your situation.

Information about specific coverages

Learning about specific coverages of your auto insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for short-term medical expenses for things like ambulance fees, surgery, rehabilitation expenses and pain medications. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible

Comprehensive insurance

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

Comprehensive coverage protects against claims like theft, a tree branch falling on your vehicle, hitting a bird, hitting a deer and rock chips in glass. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage protection

This covers damage to your Highlander resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with another moving vehicle, backing into a parked car, scraping a guard rail, crashing into a building and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Auto liability insurance

Liability insurance provides protection from damages or injuries you inflict on other people or property in an accident. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as legal defense fees, structural damage, medical expenses, court costs and funeral expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.

Final considerations

Consumers who switch companies do it for many reasons like policy non-renewal, high prices, questionable increases in premium and even not issuing a premium refund. It doesn’t matter what your reason, switching companies is less work than it seems.

The cheapest 2014 Toyota Highlander insurance can be purchased online as well as from independent agents, and you should compare rates from both to have the best chance of lowering rates. Some insurance coverage companies may not have internet price quotes and most of the time these smaller companies provide coverage only through independent insurance agencies.

We’ve covered a lot of information how to compare 2014 Toyota Highlander insurance premium rates online. The most important thing to understand is the more times you quote, the better chance you’ll have of finding the cheapest insurance coverage. Consumers could even find that the best premium rates are with the least-expected company.

Much more information about insurance coverage can be read at these links: