1994 Toyota Tercel Car Insurance Rates

Searching for the cheapest car insurance rates for your Toyota Tercel? Saving money on car insurance might be frustrating for drivers who are new to online comparison shopping. Drivers have so many agents and companies to choose from that it can easily become more work than you anticipated to compare prices.

Cheap car insurance quotes

Shopping for lower car insurance rates can take hours if you don’t know the fastest way to get free quotes. You can waste a few hours (or days) talking to agents in your area, or you can utilize online quotes for quick rates.

Many insurance companies belong to a marketplace where insurance shoppers enter their policy data once, and each company can give them a price determined by their information. This eliminates the need for quotation requests for each company you want a rate for.

To find out how much you can save on car insurance click here to start a free quote.

One minor caviat to pricing coverage this way is that you can’t choose which carriers 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 ensure you are comparing apples-to-apples coverage information with each company. If each company quotes different data you will not be able to determine the best price for your Toyota Tercel. Slightly different insurance coverages or limits could skew the results. Keep in mind that comparing a large number of companies increases your odds of finding the best rates.

Car insurance policy discounts you can’t miss

Companies offering auto insurance do not list their entire list of discounts in a way that’s easy to find, so the following list contains some of the best known as well as the least known discounts that may be available. If they aren’t giving you every credit available, you are paying more than you should be.

• Club Memberships – Being in specific professional or occupational memberships or organizations could trigger savings on your next car insurance statement.
• Auto/Life Discount – Select insurance carriers reward you with a discount if you purchase a life policy as well.
• Discounts for New Vehicles – Putting insurance coverage on a new car can cost up to 25% less because new vehicles are generally safer.
• Seat Belt Usage – Drivers who require all vehicle occupants to fasten their seat belts can save up to 15% off the medical payments premium.
• Early Switch Discount – Select insurance companies give a discount for switching policies early. You could save around 10% when you buy auto insurance online.
• Employee of Federal Government – Simply working for the federal government may qualify for a discount when you quote auto insurance on Tercel insurance with certain companies.
• Paper-free Discount – Many insurance companies will give you a small discount get auto insurance digitally online.

Discounts lower rates, but some of the credits will not apply the the whole policy. Most only cut individual premiums such as medical payments or collision. So when it seems like all those discounts means the company will pay you, companies wouldn’t make money that way.

The best car insurance companies and some of their more popular discounts are shown below.

• AAA includes discounts for good student, education and occupation, multi-car, multi-policy, AAA membership discount, and anti-theft.
• Progressive may offer discounts for online signing, homeowner, good student, continuous coverage, online quote discount, and multi-vehicle.
• State Farm offers premium reductions for multiple policy, multiple autos, defensive driving training, anti-theft, good student, and safe vehicle.
• Esurance has discounts for homeowner, claim free, Pac-12 alumni, paid-in-full, and Switch & Save.
• Nationwide offers discounts including good student, multi-policy, defensive driving, business or organization, easy pay, and accident-free.

Double check with every prospective company to give you their best rates. Some discounts listed above might not be offered in your area. To choose car insurance companies that have a full spectrum of discounts, click here to view.

Six factors that determine insurance rates

One of the most helpful ways to save on car insurance is to to have a grasp of some of the things that help determine the rates you pay for car insurance. When you understand what determines premiums, this enables informed choices that could help you find lower rates. Many factors are part of the equation when pricing auto insurance. Some are pretty understandable such as your driving history, although some other factors are more transparent such as your marital status or your vehicle rating.

The following are most of the major factors that factor into prices.

• Gender and car insurance rates – Statistics have proven that men are more aggressive behind the wheel. However, this does not mean males are worse at driving than females. Males and females are responsible for accidents in similar numbers, but men tend to have higher claims. Men also tend to receive more major tickets like driving under the influence (DUI). Males from age 16 to 21 cause the most accidents and thus pay the highest rates.
• Poor credit can mean higher premiums – A driver’s credit rating can be an important factor in determining what you pay for car insurance. People with very high credit ratings tend to file fewer claims as compared to drivers with worse credit. If your credit history leaves room for improvement, you could be paying less to insure your 1994 Toyota Tercel if you clean up your credit.
• With age comes responsibility – Older people are more cautious drivers, cause fewer claims and accidents .Young drivers are proven to be less responsible with other occupants in the car so car insurance rates are higher.
• Never let your car insurance policy lapse – Driving without insurance coverage in place is illegal and you may have a hard time finding new coverage because you let your insurance lapse. Not only will you pay more, getting caught without coverage can result in a revoked license or a big fine.
• Annual mileage and car insurance premiums – The more you drive each year the more it will cost to insure it. The majority of insurers calculate rates based upon how you use the vehicle. Cars used primarily for pleasure use can get a lower rate than vehicles that are driven to work every day. It’s a smart idea to ensure your car insurance coverage properly reflects the correct usage for each vehicle. An improperly rated Tercel can result in significantly higher rates.
• Small claims can cost you – Companies generally give cheaper rates to drivers who file claims infrequently. If you file a lot of claims you can definitely plan on increased rates or even have your policy non-renewed. Insurance coverage is intended to be relied upon for more catestrophic claims.

Insurance agents can help

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different.

These are some specific questions could help you determine whether you would benefit from an agent’s advice.

• Will my rates increase for filing one claim?
• Do I need added coverage for expensive stereo equipment?
• Am I covered by my spouse’s policy after a separation?
• When should I remove comp and collision on my 1994 Toyota Tercel?
• Do I need special endorsements for business use of my vehicle?
• How do I file an SR-22 for a DUI in my state?
• Am I covered if I drive in a foreign country?
• Am I covered when driving a rental car?
• Are my friends covered when driving my car?
• Do I have coverage if my license is suspended?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form.

Insurance coverages 101

Having a good grasp of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your 1994 Toyota Tercel.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Frequently these limits are identical to your policy’s liability coverage.

Medical payments coverage and PIP – Med pay and PIP coverage pay for bills such as pain medications, ambulance fees, prosthetic devices and dental work. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Liability coverages – Liability coverage protects you from damage or injury you incur to a person or their property. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as pain and suffering, attorney fees, bail bonds and legal defense fees. How much coverage you buy is your choice, but consider buying as much as you can afford.

Comprehensive coverage – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, falling objects and fire damage. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sideswiping another vehicle, crashing into a ditch, rolling your car and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to save money on collision insurance.

A fool and his money are soon parted

As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. There are many occasions where someone dropped liability coverage limits only to find out that saving that couple of dollars actually costed them tens of thousands. The goal is to purchase a proper amount of coverage at the best price.

Cheaper 1994 Toyota Tercel insurance is attainable on the web as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. Some insurance companies may not offer the ability to get quotes online and these smaller providers provide coverage only through independent agents.

Drivers leave their current company for any number of reasons including not issuing a premium refund, policy cancellation, delays in paying claims and even unfair underwriting practices. It doesn’t matter why you want to switch choosing a new company can be pretty painless.

To learn more, feel free to browse the articles below:

• Rollover Crash FAQ (iihs.org)
• Vehicle Safety Ratings (iihs.org)
• Insurance Losses by Make and Model (iihs.org)
• Car Insurance FAQ (Trusted Choice)