Cheaper 2016 Toyota Highlander Insurance Quotes

Getting more affordable insurance over the internet may at first seem to be difficult for drivers new to comparison shopping on the internet. With so many options of companies in the marketplace, how can you be able to compare every possible option in order to find the lowest rates?

Car insurance policy discounts you can’t miss

Car insurance companies don’t always advertise every discount very well, so here is a list a few of the more common as well as the least known ways to save on car insurance.

  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Switch and Save Discount – A few car insurance companies offer discounts for renewing your policy prior to your current policy expiration. You can save around 10% with this discount.
  • Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a discounted price on car insurance if you buy life insurance from them.
  • Claim-Free Discount – Insureds with no claims or accidents have much lower rates when compared with drivers who are more careless.
  • New Vehicle Savings – Putting insurance on a new car can be considerably cheaper compared to insuring an older model.
  • Multi-Vehicle Discounts – Drivers who insure several vehicles on one policy can get a discount on all vehicles.
  • Memberships – Belonging to a civic or occupational organization could trigger savings on your bill.
  • Government Employees – Active or former government employment could qualify for a slight premium decrease for Highlander insurance depending on your company.
  • Air Bags and Passive Restraints – Cars that have air bags or motorized seat belts can receive discounts of 25 to 30%.

A quick disclaimer, some credits don’t apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that you would end up receiving a 100% discount, it’s just not the way it works. But any discount will definitely reduce your overall bill.

To find insurers who offer free car insurance quotes, click this link.

Car insurance quotes comparison

There are a variety of methods to compare car insurance prices and some are easier and takes less work. You could waste time talking to insurance agencies in your area, or you could use the web for quick rates.

Many companies participate in an industry program where prospective buyers only type in their quote data once, and each company then gives them pricing determined by their information. This eliminates the need for quote forms to every company.

To participate in this free quote system, click here (opens in new window).

The one disadvantage to pricing coverage this way is you are unable to specify which companies you will receive quotes from. So if you prefer to choose from a list of companies to request quotes from, we have assembled a list of car insurance companies in your area. Click to view list.

Which method you use is up to you, but make sure you are using apples-to-apples coverages for every quote you compare. If your comparisons have different limits and deductibles on each one then you won’t be able to determine the lowest rate for your Toyota Highlander. Even a minor difference in coverage limits could skew the results. Just remember that getting more free quotes increases the change that you will find more affordable rates. Some smaller insurers to not give price estimates online, so it’s important to also get price quotes on coverage from those companies, too.

Toyota Highlander insurance premium factors

A large part of saving on insurance is knowing a few of the rating criteria that go into determining the level of your policy premiums. If you have a feel for what determines premiums, this enables informed choices that can help you get cheaper rates. Lots of factors are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, although others are more transparent such as your marital status or your vehicle rating.

  • Save money with GPS tracking and theft deterrents – Purchasing a vehicle with advanced anti-theft systems can save you some money. Theft deterrent systems such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop car theft and help bring rates down.
  • Having a spouse brings a discount – Having a significant other helps lower the price on your policy. It may mean you are more responsible and statistics show being married results in fewer claims.
  • Pay more of a claim out-of-pocket – Deductibles for physical damage are how much you are willing to pay before your insurance pays a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some examples of covered claims are collision with another vehicle, damage caused by hail, and damage from wind. The larger the amount the insured is willing to pay, the better rate you will receive for Highlander insurance.
  • You may save more by bundling policies – Many companies give discounts for people that have more than one policy such as combining an auto and homeowners policy. The discount can be ten or even up to twenty percent in some cases. Even though this discount sounds good, consumers should still shop around to help guarantee you have the best rates.

Insurance agents can help

When it comes to buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s.

For example, these questions might help in determining whether or not you might need professional guidance.

  • Am I covered if I hit my neighbor’s mailbox?
  • Does coverage extend to Mexico or Canada?
  • At what point should I drop full coverage?
  • Do I have coverage when making deliveries for my home business?
  • What should my uninsured motorist coverage limits be in my state?
  • If I drive on a suspended license am I covered?
  • What are the best liability limits?
  • Does my insurance cover my expensive audio equipment?
  • Should I have a commercial auto policy?
  • Is my teen driver covered when they drive my company car?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, complete this form.

Educate yourself about auto insurance coverages

Having a good grasp of auto insurance aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision)

This coverage covers 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 insurance covers claims like hail damage, a tree branch falling on your vehicle, rock chips in glass and hitting a deer. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 2016 Toyota Highlander.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability insurance

This will cover damage that occurs to a person or their property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims like attorney fees, legal defense fees and court costs. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as prosthetic devices, funeral costs and ambulance fees. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Collision coverage

Collision insurance will pay to fix damage to your Highlander resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like colliding with another moving vehicle, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Pennies from heaven

As you prepare to switch companies, it’s a bad idea to reduce coverage to reduce premium. There have been many cases where someone sacrificed comprehensive coverage or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The goal is to find the BEST coverage at an affordable rate while still protecting your assets.

More affordable car insurance is possible from both online companies and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some car insurance companies do not offer the ability to get quotes online and many times these small insurance companies work with local independent agencies.

We just presented some good ideas how to save on 2016 Toyota Highlander insurance. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. Drivers may discover the most savings is with some of the lesser-known companies.

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