2004 Toyota 4Runner Insurance Cost – 7 Tricks for Cheaper Prices

Searching for the cheapest auto insurance rates for your Toyota 4Runner? Do you get exhausted from sacrificing to insure your Toyota every month? You are in the same boat as most other consumers.

Lots of insurers contend for your business, so it’s not easy to compare every insurance company and get the definite lowest price

The quickest way to compare car insurance rates utilizes the fact car insurance companies participate in a system to compare rate quotes. All consumers are required to do is give the companies some data including level of coverage desired, types of safety features, whether you have decent credit, and how much you drive. Your insurance information is then submitted to all major companies and they return rate quotes instantly to find the best rate.

It’s not one size fits all

When choosing adequate coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining if your insurance needs will benefit from professional help.

  • What is the ISO rating for a 2004 Toyota 4Runner?
  • Exactly who is provided coverage by my policy?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can I afford low physical damage deductibles?
  • What is the difference between comprehensive and collision coverage?
  • Should I have combined single limit or split liability limits?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • When should my teen driver be added to my policy?
  • Do I need PIP coverage since I have good health insurance?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

Car insurance coverages and their meanings

Knowing the specifics of your policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Listed below are typical coverage types found on most car insurance policies.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for expenses for hospital visits, funeral costs, chiropractic care and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Liability auto insurance

Liability insurance provides protection from damage that occurs to a person or their property by causing an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for claims like funeral expenses, attorney fees, pain and suffering, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive insurance

This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like vandalism, theft, rock chips in glass, a broken windshield and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

This coverage pays for damage to your 4Runner resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like sustaining damage from a pot hole, crashing into a building, hitting a parking meter, scraping a guard rail and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.