2018 Toyota Tundra Car Insurance Rates – 10 Savings Tips

Searching for the cheapest car insurance rates for your Toyota Tundra? Are you irritated from sacrificing other expenses to pay car insurance each month? Your situation is no different than most other drivers.

Due to the abundance of choices, it can be diffult for people to choose the right company.

These ten discounts can cut insurance rates

Companies don’t necessarily list all their discounts in a way that’s easy to find, so the list below details both well-publicized and the more hidden credits available to you.

  • New Car Discount – Buying insurance on a new vehicle can save up to 30% due to better safety requirements for newer models.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off for Tundra insurance with certain companies.
  • Active Military Service – Being deployed in the military could mean lower insurance rates.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags or automatic seat belts could see savings of 25 to 30%.
  • Safety Restraint Discount – Buckling up and requiring all passengers to use their safety belts could save 15% on the premium charged for medical payments and/or PIP.
  • Resident Student – Children who live away from home at college and do not have a car can receive lower rates.
  • Early Renewal Discounts – A few larger companies give discounts for switching companies before your current expiration date. It can save you around 10%.
  • Anti-lock Brake System – Cars, trucks, and SUVs with anti-lock braking systems can stop better under adverse conditions and the ABS can save up to 10%.
  • Anti-theft System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems can help prevent theft so companies will give you a small discount.
  • Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase a life policy as well.

It’s important to note that most discount credits are not given to the entire cost. Most cut specific coverage prices like medical payments or collision. So when the math indicates you can get free auto insurance, you won’t be that lucky.

Large insurance companies and a selection of discounts are shown below.

  • Farmers Insurance has savings for business and professional, pay in full, multi-car, distant student, switch companies, bundle discounts, and good student.
  • Esurance policyholders can earn discounts including defensive driver, online shopper, claim free, anti-theft, and multi-policy.
  • State Farm may include discounts for Drive Safe & Save, accident-free, passive restraint, multiple policy, and good student.
  • Geico offers discounts for good student, driver training, membership and employees, defensive driver, multi-policy, emergency military deployment, and seat belt use.
  • Allstate offers premium reductions for teenSMART discount, FullPay discount, premier plus, anti-lock brakes, and safe driver.

If you want low cost auto insurance quotes, ask all companies you are considering what discounts are available to you. Some discounts listed above may not apply to policyholders everywhere.

When do I need an agent’s advice?

When buying the right insurance coverage, there really is no best way to insure your cars. 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 point out if your insurance needs might need professional guidance.

  • Are there companies who specialize in insuring high-risk drivers?
  • When can my company non-renew my policy?
  • Do I need roadside assistance coverage?
  • Why do I only qualify for high-risk insurance?
  • Am I covered if I hit my neighbor’s mailbox?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Exactly who is provided coverage by my policy?
  • Should I drop comprehensive coverage on older vehicles?
  • Does my 2018 Toyota Tundra qualify for pleasure use?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to 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.

Educate yourself about auto insurance coverages

Understanding the coverages of a auto insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages found on most auto insurance policies.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Toyota Tundra.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like EMT expenses, funeral costs, pain medications and doctor visits. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Collision protection

Collision insurance covers damage to your Tundra resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like rolling your car, crashing into a ditch, sustaining damage from a pot hole and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive coverage

This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from flooding, damage from a tornado or hurricane, hitting a bird, vandalism and hitting a deer. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability coverages

Liability coverage can cover damage or injury you incur to a person or their property. This insurance protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like emergency aid, pain and suffering, structural damage, attorney fees and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

In conclusion

When getting auto insurance quotes online, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many cases where consumers will sacrifice full coverage to discover at claim time that they should have had better coverage. The goal is to purchase plenty of coverage for the lowest cost.

We covered many ideas to lower your 2018 Toyota Tundra insurance prices. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even find the biggest savings come from a smaller regional carrier. These companies often have lower rates on specific markets than their larger competitors like State Farm or Progressive.

Additional auto insurance information can be read below: