2014 Toyota Avalon Insurance Rates – 10 Ways to Save

Searching for better insurance rates for your Toyota Avalon? Paying for overpriced Toyota Avalon insurance can empty your bank account and possibly require you to analyze your spending habits. Doing a rate comparison is a smart way to make sure you’re not throwing money away.

Insurance companies such as Progressive, State Farm and Geico continually bombard you with ad campaigns and it is difficult to sift through the bull and effectively compare rates to find the best deal.

Reduce your insurance rates with these ten discounts

Car insurance companies don’t necessarily list every policy discount very well, so the following is a list of some of the more common and also the lesser-known credits available to you.

  • Pay Upfront and Save – If you pay your bill all at once as opposed to paying monthly you could save 5% or more.
  • Sign Online – A few larger companies will discount your bill up to fifty bucks get auto insurance on their website.
  • Safety Restraint Discount – Drivers who require all occupants to buckle up before driving may be able to save a few bucks off PIP or medical payments premium.
  • College Student Discount – Children who are enrolled in higher education away from home and don’t have a car could qualify for this discount.
  • Telematics Discount – Insureds that choose to allow driving data submission to monitor driving patterns by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they show good driving skills.
  • Senior Citizen Discount – Drivers that qualify as senior citizens can possibly qualify for lower premium rates on Avalon coverage.
  • Lower Rates for Military – Being deployed in the military may qualify for rate reductions.
  • Employee of Federal Government – Federal government employees may reduce rates when you quote auto insurance on Avalon coverage with certain companies.
  • Good Driver Discount – Drivers who don’t get into accidents can save up to 40% or more on their auto insurance quote on Avalon coverage compared to rates paid by drivers with frequent claims.
  • Theft Deterent Discount – Vehicles that have factory anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as medical payments or collision. Just because it seems like all those discounts means the company will pay you, you’re out of luck.

To locate insurers who offer online insurance quotes, click here.

You are unique and your insurance coverage should be too

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. For example, these questions may help highlight if your situation would benefit from professional advice.

  • When can my company non-renew my policy?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need PIP coverage since I have good health insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • Will filing a claim cost me more?
  • Exactly who is provided coverage by my policy?
  • Does my car insurance cover rental cars?
  • How do I insure my teen driver?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage specifics

Knowing the specifics of insurance helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages available from insurance companies.

Auto liability insurance – This coverage provides protection from injuries or damage you cause to other people or property that is your fault. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against claims like court costs, medical expenses, emergency aid, legal defense fees and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2014 Toyota Avalon.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive or Other Than Collision – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, rock chips in glass, a tree branch falling on your vehicle, hail damage and fire damage. The maximum amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as doctor visits, prosthetic devices and X-ray expenses. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as crashing into a building, damaging your car on a curb, hitting a parking meter, sustaining damage from a pot hole and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Compare but don’t skimp

Low-cost 2014 Toyota Avalon insurance can be sourced from both online companies as well as from independent agents, and you should compare rates from both so you have a total pricing picture. Some insurance companies may not provide online price quotes and most of the time these smaller companies provide coverage only through independent agents.

When shopping online for insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. There are a lot of situations where drivers have reduced uninsured motorist or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase a proper amount of coverage at the best cost, but don’t skip important coverages to save money.

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