Cheap 1993 Toyota Paseo Car Insurance Cost

Searching for the cheapest insurance coverage rates for your Toyota Paseo? Finding low cost rates on insurance coverage can be quite difficult for drivers who are beginners to online rate comparisons. There are so many options available that it can easily become a burden to find a more affordable company.

How to buy insurance coverage online

Comparing insurance coverage rates can be exhausting if you aren’t aware of the easiest way. You can waste a lot of time talking about coverages with local insurance agents in your area, or you could save time and use online quotes to quickly compare rates.

Most major companies take part in a program where prospective buyers enter their policy data once, and each company can provide price quotes for coverage. This saves time by eliminating form submissions to each individual insurance coverage company. To compare pricing click here (opens in new window).

One minor caviat to pricing coverage this way is that consumers can’t choose which providers to get pricing from. If you wish to select individual companies to compare prices, we have a page of low cost insurance coverage companies in your area. View list of insurance companies.

However you get your quotes, double check that you are using identical deductibles and coverage limits for each price quote. If the quotes have different limits and deductibles on each one it’s impossible to truly determine the lowest rate. Even a minor difference in insurance coverages may result in large price differences. Just remember that more quotes will increase your chances of finding a better price. Not every company provides quotes online, so you also need to get price quotes from those companies as well.

Your situation helps dictate your coverage

When it comes to choosing adequate coverage, there is no single plan that fits everyone. Every situation is different.

For instance, these questions could help you determine whether you will benefit from professional help.

• What happens if I owe more than my 1993 Toyota Paseo is worth?
• Should I sign the liability waiver when renting a car?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Do I need motorclub coverage?
• Should I have combined single limit or split liability limits?
• Why do I need rental car insurance?
• Do I have coverage when pulling a U-Haul trailer?
• Do I have coverage if my license is suspended?
• Will I lose any money if I cancel my policy before it expires?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form.

Specific coverage details

Knowing the specifics of your car insurance policy can help you determine the right coverages at the best deductibles and correct limits. Car insurance terms can be confusing and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

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

Comprehensive insurance

This 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 can pay for things like damage from a tornado or hurricane, damage from getting keyed, falling objects, rock chips in glass and vandalism. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for collisions

Collision coverage covers damage to your Paseo 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 things such as rolling your car, driving through your garage door and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Liability

This coverage protects you from damage or injury you incur to other’s property or people by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers things such as pain and suffering, medical expenses, legal defense fees, court costs and loss of income. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses for doctor visits, prosthetic devices and nursing services. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage