Save on 2015 Toyota Tacoma Insurance Cost

Trying to find cheaper auto insurance rates for your Toyota Tacoma? There isn’t anyone who looks forward to buying auto insurance, especially when they know their premiums are too high.

Insurance companies such as Progressive, State Farm and Geico persitently shower you with ad campaigns and it is challenging if not impossible to ignore the flying pigs and cute green geckos and take the time to shop coverage around.

If you currently have car insurance, you stand a good chance to be able to save some money using these techniques. Buying car insurance is not rocket science. Although car owners must comprehend the methods companies use to price online insurance and apply this information to your search.

Low cost insurance quotes online

When comparison shopping, there are several ways to compare prices from many different insurance companies. The best method to compare rates consists of shopping online. This can be accomplished using a couple different methods.

Hands down the most simple method to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This style of form prevents you from having to do separate quote forms for each price estimate. Filling out one form will return quotes from insurance companies with the best prices.

A different way to get comparison quotes consists of going to each individual company website to complete a price quote. For example, let’s say you need rates from Farmers, 21st Century and American Family. You would need to spend time on each company’s site to enter your coverage information, which explains why we recommend starting with the first method.

To view a list of companies in your area, click here.

Whichever method you choose, try to use identical coverage information for each quote you get. If you are comparing higher or lower deductibles it will be very difficult to decipher which rate is best. Quoting even small variations in insurance coverages may cause a big price difference. Keep in mind that obtaining a wide range of quotes will increase your chances of finding the best price.

Cheap insurance rates with discounts

Companies offering auto insurance don’t always list their entire list of discounts very well, so the next list breaks down some of the best known and the harder-to-find credits available to bring down your rates.

  • Data Collection Discounts – People who choose to allow their insurance company to track when and where they use their vehicle through the use of a telematics system such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if their driving habits are good.
  • No Claims – Good drivers with no accidents pay less as compared to drivers who are more careless.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up before driving can save 10% or more on the premium charged for medical payments and/or PIP.
  • Air Bags and Passive Restraints – Factory options such as air bags can get savings of up to 25% or more.
  • E-sign Discounts – A few larger online companies will give you a small discount get insurance coverage on the web.
  • Student Discount for Driver Training – Teen drivers should take driver’s ed class as it can save substantially.
  • Defensive Driver Discount – Taking time to complete a course teaching safe driver skills is a good idea and can lower rates and easily recoup the cost of the course.
  • ABS Braking Discount – Cars equipped with ABS or steering control have fewer accidents and earn discounts up to 10%.

We need to note that some credits don’t apply the the whole policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Even though it may seem like you can get free auto insurance, companies wouldn’t make money that way.

A few of the larger companies and a summarized list of policyholder discounts are shown below.

  • Farm Bureau offers premium reductions for driver training, good student, multi-policy, 55 and retired, and renewal discount.
  • MetLife may have discounts that include defensive driver, multi-policy, accident-free, good driver, good student, and claim-free.
  • Progressive policyholders can earn discounts including online signing, multi-policy, continuous coverage, multi-vehicle, good student, and homeowner.
  • AAA may offer discounts for multi-car, pay-in-full, education and occupation, good student, and anti-theft.
  • American Family has savings for air bags, accident-free, early bird, Steer into Savings, good student, and mySafetyValet.
  • Geico has discounts for seat belt use, membership and employees, emergency military deployment, five-year accident-free, and daytime running lights.
  • State Farm offers discounts for passive restraint, Steer Clear safe driver discount, Drive Safe & Save, safe vehicle, and good student.

If you need lower rates, check with each company or agent how many discounts you can get. Savings may not apply to policies in your area.

Tailor your insurance coverage to you

When it comes to choosing the best insurance coverage for your vehicles, there really is no one size fits all plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help you determine if your situation could use an agent’s help.

  • Is my trailer covered?
  • Do I have any recourse if my insurance company denies a claim?
  • Is a new car covered when I drive it off the dealer lot?
  • Does medical payments coverage apply to all occupants?
  • Are my friends covered when driving my 2015 Toyota Tacoma?
  • Do I pay less for low miles?
  • Do I need PIP coverage since I have good health insurance?
  • Why am I required to get a high-risk car insurance policy?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area.

Car insurance coverage specifics

Learning about specific coverages of your policy can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages found on the average car insurance policy.

Collision coverage protection

This coverage will pay to fix damage to your Tacoma resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like colliding with a tree, crashing into a building, hitting a parking meter and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for short-term medical expenses like nursing services, rehabilitation expenses and prosthetic devices. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Toyota Tacoma.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as hail damage, a broken windshield, hitting a deer and damage from flooding. 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 liability insurance

Liability coverage protects you from damage or injury you incur to other people or property. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims like repair bills for other people’s vehicles, structural damage, loss of income and bail bonds. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.