2001 Toyota Highlander Car Insurance Rates – 5 Tricks for Best Quotes

No one anticipates paying for auto insurance, especially when they are aware that it costs too dang much. Big companies like Geico, 21st Century and Progressive persitently shower you with catchy ads and it can be hard to ignore the promise of big savings and effectively compare rates to find the best deal.

It’s important to quote other rates periodically because insurance rates are usually higher with each renewal. If you had the lowest premium rates for Highlander coverage two years ago there may be better deals available now. Forget all the misinformation about auto insurance because you’re about to find out how to use the internet to eliminate unnecessary coverages and save money.

Which auto insurance is cheapest?

There are several ways to compare auto insurance quotes, but one way is more efficient than others. You could waste time talking to agents in your area, or you can utilize online quoting to get the quickest rates.

Most car insurance companies participate in a marketplace that allows shoppers to submit one quote, and at least one company can give them a price based on that information. This prevents consumers from doing quotation requests to each individual auto insurance company.

To enter your information into the quoting system, click to open in new window.

The one downside to getting quotes like this is you can’t choose the insurers to receive prices from. If you prefer to choose individual companies to compare rates, we have a listing of the cheapest auto insurance companies in your area. View list of insurance companies.

Whichever method you choose, ensure you’re using the same coverages and limits for every quote you compare. If each company quotes different liability limits then you won’t be able to find the best deal for your Toyota Highlander.

Car insurance companies offer money-saving discounts

The price of auto insurance can be rather high, but companies offer discounts that you may not even be aware of. Certain discounts will be applied when you complete an application, but a few must be asked about prior to getting the savings.

• Multi-policy Discount – If you insure your home and vehicles with the same insurance company you could earn a discount of as much as 10 to 15 percent.
• Renewal Discounts – Some larger companies give discounts for switching to them prior to the expiration date on your current policy. This discount can save up to 10%.
• Low Mileage Discounts – Fewer annual miles on your Toyota may enable drivers to earn slightly better prices than normal.
• Distant Student Discount – Children who are attending college and don’t have a car could get you a discount.
• Accident Free – Drivers who don’t have accidents have much lower rates as opposed to accident-prone drivers.

Don’t be surprised that most discount credits are not given to the entire policy premium. A few only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, it’s just not the way it works.

Companies and a selection of discounts include:

• Progressive may have discounts that include good student, homeowner, multi-policy, online signing, multi-vehicle, continuous coverage, and online quote discount.
• SAFECO has discounts for accident prevention training, multi-car, anti-theft, teen safety rewards, and anti-lock brakes.
• American Family offers discounts including accident-free, good driver, multi-vehicle, early bird, and mySafetyValet.
• MetLife offers discounts for multi-policy, good student, defensive driver, good driver, and accident-free.
• Geico offers premium reductions for daytime running lights, five-year accident-free, emergency military deployment, defensive driver, military active duty, driver training, and multi-policy.
• The Hartford has savings for vehicle fuel type, good student, defensive driver, bundle, air bag, anti-theft, and driver training.

If you want low cost car insurance quotes, ask every prospective company how you can save money. A few discounts may not apply to policyholders in every state. To view providers with discount car insurance rates, click here.

Do I just need basic coverages?

When it comes to choosing coverage, there really is not a “best” method to buy coverage. Every situation is different so your insurance needs to address that. For instance, these questions can help discover if your situation may require specific advice.

• Can I pay claims out-of-pocket if I buy high deductibles?
• How much can I save by bundling my policies?
• Will filing a claim cost me more?
• Why am I required to buy high-risk coverage?
• Are there companies who specialize in insuring high-risk drivers?
• Should I put collision coverage on all my vehicles?
• How can I find cheaper teen driver insurance?
• Do I have coverage if my license is suspended?
• Is my 2001 Toyota Highlander covered for smoke damage?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance 101

Having a good grasp of a car insurance policy can be of help when determining the best coverages for your vehicles. Car insurance terms can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on the average car insurance policy.

Auto collision coverage

Collision insurance pays for damage to your Highlander resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sustaining damage from a pot hole, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your 2001 Toyota Highlander.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from flooding, theft, hitting a bird, falling objects and rock chips in glass. 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.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for immediate expenses like funeral costs, ambulance fees, nursing services and surgery. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Liability

Liability insurance will cover damage or injury you incur to a person or their property in an accident. It protects you from claims by other people. It does not cover 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. You commonly see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things like bail bonds, emergency aid, medical expenses and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.