Lower Your 2001 Toyota Highlander Car Insurance Quotes

Trying to find the cheapest auto insurance rates for your Toyota Highlander? Are you drained from paying out the nose to pay your auto insurance bill each month? Your situation is no different than many other consumers. Many auto insurance companies vie for your business, so it’s not easy to compare every provider and get the best coverage at the lowest price

Consumers should take time to take a look at other company’s rates occasionally because auto insurance prices change frequently. Even if you got the lowest price on Highlander insurance six months ago other companies may now be cheaper. Block out anything you think you know about auto insurance because we’re going to demonstrate one of the quickest ways to lower your rates without sacrificing coverage.

Insurance policy discounts

The price of auto insurance can be rather high, but there are discounts available that many people don’t even know exist. Larger premium reductions will be automatically applied when you get a quote, but some discounts are required to be asked about before you get the savings. If you aren’t receiving every discount possible, you could be paying more than you need to.

  • Good Driver Discounts – Drivers without accidents may receive a discount up to 45% on Highlander insurance than less cautious drivers.
  • Senior Citizen Rates – Older drivers are able to get reduced rates on Highlander insurance.
  • Full Payment Discount – If you pay your bill all at once instead of paying each month you can avoid the installment charge.
  • Professional Memberships – Belonging to a professional or civic organization may earn a discount on your next insurance statement.
  • Drive Less and Save – Keeping the miles down on your Toyota could earn cheaper prices.
  • Save with More Vehicles Insured – Buying a policy with multiple vehicles on one policy can get a discount for every vehicle.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Despite the fact that it seems like you could get a free insurance policy, it doesn’t quite work that way. But any discount will help reduce the amount you have to pay.

A few companies that may include some of the above discounts may include but are not limited to:

Before buying, ask every insurance company which discounts you qualify for. Depending on the company, some discounts might not be offered on policies in your area.

Save money with these tips

It’s important that you understand the factors that go into determining the price you pay for car insurance. When you know what positively or negatively determines base rates, this enables informed choices that may result in better car insurance rates.

  • Insurance costs and driver gender – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are better drivers. Both sexes are responsible for accidents at a similar rate, but the males have accidents that have higher claims. Men also statistically have more aggressive citations like reckless driving and DUI. Male drivers age 16 to 19 are most likely to cause an accident so it costs more to insure them.
  • Marriage discount – Being married can get you a discount when buying car insurance. Marriage is viewed as being less irresponsible and statistics prove drivers who are married file infrequent claims.
  • Claim-free discounts can add up – Insurance companies generally give cheaper rates to insureds who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to higher rates. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Pleasure use or commuting – The higher the mileage driven each year the more you will pay for car insurance. The majority of insurers charge to insure your cars based on how the vehicle is used. Cars that are left in the garage qualify for better rates than vehicles that have high annual mileage. A policy that improperly rates your Highlander can result in significantly higher rates. Verify your declarations sheet is rated on how each vehicle is driven, because improper ratings can cost you money.
  • High credit scores save money – Having a good credit score can be an important factor in determining what you pay for car insurance. People with high credit ratings tend to be better drivers and file fewer claims as compared to drivers with poor credit scores. If your credit rating can use some improvement, you could save money insuring your 2001 Toyota Highlander by repairing your credit.
  • Deter theft and lower car insurance rates – Selecting a car model that has a built-in theft deterrent system can help bring down rates. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.

How do I know if I need professional advice?

When choosing adequate coverage for your vehicles, there really is no “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions might point out if your insurance needs might need professional guidance.

  • Does my policy pay for OEM or aftermarket parts?
  • Is my babysitter covered when using my vehicle?
  • Do all my vehicles need collision coverage?
  • When can I cancel my policy?
  • Does liability extend to a camper or trailer?
  • Do I need more liability coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Does my car insurance cover rental cars?

If you can’t answer these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Tricks in car insurance advertising

Consumers can’t get away from ads that promise big savings for switching from the likes of Geico, State Farm and Progressive. They all seem to advertise claims that drivers will save a bundle if you get a free insurance coverage quote and switch your coverage to them.

How do they all save you money? It’s all in the words they use.

Many companies look for specific characteristics for the right customer that will add to their bottom line. For example, a driver they prefer could possibly be between the ages of 30 and 50, carries full coverage, and drives newer vehicles. Anyone who matches those parameters will qualify for the lowest premium rates and most likely will save a lot if they switch.

Potential insureds who cannot meet these standards may be forced to pay a higher premium which leads to business not being written. The wording the ads use say “people that switch” not “everybody who quotes” save the amount stated. That’s the way companies can truthfully state the savings. This really drives home the point why drivers must get as many free insurance coverage quotes as possible. Because you never know which company will have the lowest prices for your situation.

Information about specific coverages

Understanding the coverages of your insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. These are the usual coverages available from insurance companies.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as damage from getting keyed, falling objects, a tree branch falling on your vehicle and damage from flooding. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage

Collision insurance will pay to fix damage to your Highlander resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with a tree, damaging your car on a curb and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for prosthetic devices, X-ray expenses, dental work and doctor visits. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Liability coverages

Liability coverage will cover injuries or damage you cause to other’s property or people. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things like funeral expenses, attorney fees and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your Toyota Highlander.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

More effort can pay off

Cost effective 2001 Toyota Highlander insurance can be purchased online as well as from independent agents, so you need to quote insurance coverage with both to have the best chance of lowering rates. Some insurance providers may not provide rate quotes online and these regional carriers prefer to sell through local independent agents.

When shopping online for car insurance, make sure you don’t buy less coverage just to save a little money. In many instances, someone dropped uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage at an affordable rate and still be able to protect your assets.

Much more information about car insurance can be found below: