Cheap 1998 Toyota Celica Car Insurance Cost

Searching for lower insurance coverage rates for your Toyota Celica? Did you make the mistake of buying an overpriced insurance coverage policy? Say no more because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Multiple insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurance companies and get the best coverage at the best rate

If you currently have car insurance, you will most likely be able to lower your premiums substantially using these techniques. Buying car insurance is not that difficult. But car owners should learn the methods companies use to market insurance on the web and take advantage of how the system works.

Insurance premiums are influenced by these factors

Many factors are used in the calculation when you get a price on insurance. Some are obvious like an MVR report, but other factors are more transparent such as your credit history or how financially stable you are.

The following are some of the factors insurance coverage companies consider when setting your rate level.

  • Premiums are high for teenagers – Beginning drivers have a tendency to be inattentive in a vehicle and because of this, their insurance coverage rates are much higher. Adding a youthful driver onto a policy can really hurt. Older drivers are proven to be safer behind the wheel, file fewer claims .
  • Higher prices for demanding employers – Did you know your job can affect your rates? Jobs like fire fighterspolice officers and medical professionals tend to pay the highest average rates because of intense work requirements and lots of time spent at work. Conversely, professions such as actors, historians and the unemployed have lower than average premiums on Celica insurance.
  • Qualify for multi-policy discounts – Most larger companies apply discounts to buyers that buy multiple policies, otherwise known as a multi-policy discount. Discounts can amount to as much as ten percent or more If you currently are using one company, consumers should still comparison shop to guarantee you are still saving the most. You may still find a better deal by splitting coverages up.
  • Allowing your insurance coverage to lapse raises rates – Having a gap between insurance policy dates is a fast way to trigger a rate increase. And not only will your rates increase, being ticketed for driving with no insurance might get you a steep fine or even jail time. You could then be forced to file a SR-22 with your state department of motor vehicles.
  • Marriage discount – Having a significant other can get you a discount on your insurance coverage policy. Having a significant other may mean you are less irresponsible it has been statistically shown that married drivers get in fewer accidents.
  • Tickets and citations cost more than a fine – Drivers with clean records pay less for auto insurance compared to bad drivers. Having a single speeding ticket could increase your next policy renewal by as much as thirty percent. Drivers who get multiple violations such as DUI, reckless driving or excessive speeding may need to submit a SR-22 form with their state in order to prevent their license from being revoked.
  • Poor credit decisions can cost you – Credit history can be a huge factor in calculating your insurance coverage rates. So if your credit rating is low, you could be paying less to insure your 1998 Toyota Celica if you improve your credit rating. Consumers who have excellent credit tend to be more responsible than those with poor credit.
  • Use but don’t abuse your insurance – Car insurance companies generally give discounts to people who only file infrequent claims. If you are the type of insured that files lots of claims you can expect higher rates. Your car insurance is designed for more catestrophic claims.

Compare auto insurance rates

Performing a rate comparison can be a lot of work if you don’t understand the most efficient way. You could waste a few hours driving to insurance companies in your area, or you could use the internet to get the quickest rates.

The majority of car insurance companies participate in a marketplace where prospective buyers submit their information once, and each company then gives them pricing based on that data. This prevents consumers from doing quote requests to each company. To compare rates now click here (opens in new window).

The single downside to getting quotes like this is you cannot specify which insurance companies to get quotes from. So if you prefer to pick from a list of companies to receive pricing from, we have assembled a list of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

However you get your quotes, make sure you are using equivalent quote information for each price quote. If you use higher or lower deductibles it will be impossible to make a fair comparison for your Toyota Celica. Just slight variations in coverage limits could throw off the whole comparison. And when price shopping your coverage, comparing all the rates in your area helps locate better pricing.

The insurance coverage bait and switch

Well-known insurance coverage companies like State Farm, Geico and Progressive seem to constantly run ads on TV and radio. All the ads have a common claim of big savings if you move your insurance coverage policy to them. How is it plausible that every one can have lower policy pricing?

All companies have strict underwriting profiles for the right customer that is profitable for them. For example, this type of insured may be a female over age 40, has never had a claim, and has a high credit rating. Any new insured who fits that profile will probably get cheap prices as well as cut their rates substantially.

Potential customers who don’t qualify for this stringent profile may be required to pay higher premium rates and this can result in the driver buying from a lower-cost company. If you listen closely, the ads state “people who switch” not “everyone who quotes” save that much. That’s the way insurance companies can advertise the way they do.

This really emphasizes why it is so important to compare many company’s premium rates. It is impossible to predict with any certainty which company will have the lowest car insurance rates for your situation.

Insurance discounts are available to reduce your rates

Some companies don’t necessarily list all disounts in an easy-to-find place, so the following is a list of both the well known as well as some of the hidden credits available to you.

  • Driver Safety – Taking a defensive driving course is a good idea and can lower rates depending on where you live.
  • Anti-lock Brakes – Vehicles with ABS braking systems or traction control can avoid accidents and qualify for as much as a 10% discount.
  • Good Students Pay Less – Getting good grades can save 20 to 25%. You can use this discount normally up to age 25.
  • Military Discounts – Being deployed in the military may qualify for rate reductions.
  • Online Discount – Certain larger companies will provide an incentive for buying a policy and signing up on the internet.

Remember that most discounts do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, insurance companies aren’t that generous. Any qualifying discounts will help lower the amount you have to pay.

A few of the larger companies and the discounts they provide are outlined below.

  • State Farm offers discounts including accident-free, Steer Clear safe driver discount, student away at school, Drive Safe & Save, and safe vehicle.
  • American Family may include discounts for good student, bundled insurance, Steer into Savings, air bags, early bird, mySafetyValet, and accident-free.
  • AAA may offer discounts for multi-policy, anti-theft, good driver, AAA membership discount, and education and occupation.
  • Geico may have discounts that include multi-vehicle, daytime running lights, driver training, air bags, defensive driver, and anti-lock brakes.
  • Mercury Insurance has savings for multi-car, ease of repair, location of vehicle, good driver, type of vehicle, and annual mileage.
  • Farmers Insurance has discounts for homeowner, distant student, teen driver, multi-car, electronic funds transfer, business and professional, and youthful driver.
  • Progressive offers discounts for online signing, multi-policy, continuous coverage, good student, and online quote discount.

When getting free auto insurance quotes, it’s a good idea to all the companies which credits you are entitled to. A few discounts may not apply to policies in your area.

Everyone needs different car insurance coverages

When buying the best car insurance coverage, there really is no single plan that fits everyone. Every insured’s situation is different so this has to be addressed. For instance, these questions can aid in determining if your insurance needs would benefit from professional advice.

  • Where can I find DUI or SR-22 insurance?
  • Are all vehicle passengers covered by medical payments coverage?
  • Which is better, split liability limits or combined limits?
  • Which companies will insure high-risk drivers?
  • Is my camper covered by my car insurance policy?
  • What is covered by UM/UIM coverage?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.

Detailed coverages of your auto insurance policy

Understanding the coverages of your auto insurance policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find the usual coverages offered by auto insurance companies.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP kick in for immediate expenses for things like pain medications, ambulance fees, funeral costs and chiropractic care. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Collision – Collision insurance will pay to fix damage to your Celica from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as rolling your car, damaging your car on a curb and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive insurance – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hitting a deer, hail damage, vandalism and a broken windshield. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection from other motorists 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 your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Usually these limits are identical to your policy’s liability coverage.

Liability coverages – This coverage can cover damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as loss of income, repair bills for other people’s vehicles and funeral expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Take this to the bank

Lower-priced car insurance is available on the web in addition to local insurance agencies, and you should be comparing both to have the best chance of lowering rates. A few companies may not have the ability to get a quote online and most of the time these smaller providers work with independent agents.

When searching for affordable auto insurance quotes, don’t be tempted to sacrifice coverage to reduce premiums. There are too many instances where consumers will sacrifice full coverage to discover at claim time they didn’t purchase enough coverage. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost.

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