1995 Toyota Supra Insurance Rates

Looking for lower insurance rates for your Toyota Supra? Are you regretting buying high-priced insurance? Believe me when I say there are lots of residents who feel the same. Online insurance companies like GEICO, Farmers Insurance and State Farm all claim big savings, bombarding you with ad campaigns and it can be hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s important to get comparison quotes periodically because insurance rates go up and down regularly. Even if you got the lowest rate for Supra coverage a couple years back other companies may now be cheaper. There is too much inaccurate information about insurance on the internet, but in this article, you’re going to get some great ways to find cheap insurance.

Smart buyers can lower their insurance prices

Consumers need to have an understanding of some of the elements that come into play when calculating your policy premiums. If you know what impacts premium levels, this enables informed choices that could result in lower premium levels.

  • Where you live can influence rates – Residing in areas with lower population has definite advantages when it comes to car insurance. Fewer drivers on the road translates into fewer accident claims. People who live in big cities tend to have more auto accidents and more severe claims. More time commuting can result in more accidents.
  • Premiums are lower the older you get – More experienced drivers are proven to be safer behind the wheel, tend to file fewer claims and receive fewer citations.Drivers with little experience tend to be inattentive when driving and because of this, their car insurance rates are much higher.
  • Can a thief steal your car? – Selecting a car model with advanced anti-theft systems can get you a discount on your car insurance. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent auto theft.
  • Too many policy claims drive up premiums – Auto insurance companies provide the best rates to drivers who file claims infrequently. If you tend to file frequent claims, you can expect either policy cancellation or increased premiums. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.
  • Lower deductibles cost more – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, helps pay for damage to your vehicle. Examples of some claims that would be covered are a broken windshield, hitting a deer, and burglary. Comprehensive and collision coverage deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount you’re willing to pay, the less your company will charge you for insurance for Supra coverage.
  • Married drivers pay lower rates – Having a significant other can actually save you money on your policy. Marriage translates into being more mature and responsible it has been statistically shown that drivers who are married file infrequent claims.
  • Multiple policies with one company – The majority of insurance companies will award discounts to insureds who consolidate policies with them in the form of a multi-policy discount. Even with this discount applied, it’s always a smart idea to shop around to guarantee you are still saving the most.There is a chance you can save even more by insuring with multiple companies.

Buy insurance online

Performing a rate comparison can take hours if you don’t understand the most efficient way to do it. You could waste a few hours driving to insurance companies in your area, or you could save time and use the internet for quick rates.

Most of the best insurance companies participate in an industry program where prospective buyers submit one quote, and each company can give them a price for coverage. This prevents consumers from doing repetitive form submissions to each company. To participate in this free quote system, click here (opens in new window).

The only drawback to doing it this way is that you can’t choose the insurers to get quotes from. So if you prefer to pick specific providers to compare, we have assembled a list of the cheapest insurance companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just make sure you use the same coverages on every quote you get. If you use unequal deductibles or liability limits it will be very difficult to get a fair rate comparison.

Get cheaper auto insurance with discounts

Auto insurance is expensive, but there’s a good chance there are discounts that can help lower your rates. Many discounts should be triggered at the time of purchase, but some may not be applied and must be manually applied prior to receiving the credit.

  • Fewer Miles Equal More Savings – Driving fewer miles could qualify for cheaper prices.
  • Pay Early and Save – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them complete a driver education course in school or through a local driver safety program.
  • One Accident Forgiven – This isn’t a discount exactly, but companies like GEICO and Allstate may permit one accident before your rates go up if you are claim-free before the accident.
  • Homeowners Pay Less – Being a homeowner may earn you a small savings because of the fact that having a home is proof that your finances are in order.
  • Military Discounts – Being deployed with a military unit could qualify you for better auto insurance rates.
  • Multi-line Discount – Some insurance companies give a small discount if you purchase some life insurance in addition to your auto policy.

It’s important to note that many deductions do not apply the the whole policy. Some only reduce individual premiums such as collision or personal injury protection. So despite the fact that it appears it’s possible to get free car insurance, auto insurance companies aren’t that generous.

Larger auto insurance companies and their offered discounts are shown below.

  • Esurance offers discounts including online quote, anti-lock brakes, defensive driver, good driver, paid-in-full, DriveSense, and emergency road assistance.
  • The Hartford includes discounts for defensive driver, anti-theft, air bag, driver training, and good student.
  • AAA offers premium reductions for AAA membership discount, anti-theft, pay-in-full, good driver, good student, and multi-car.
  • GEICO has savings for multi-vehicle, federal employee, emergency military deployment, multi-policy, and daytime running lights.
  • State Farm has discounts for Steer Clear safe driver discount, Drive Safe & Save, accident-free, defensive driving training, and good driver.

When getting free auto insurance quotes, it’s a good idea to all companies you are considering which discounts they offer. Discounts might not be offered in your area. If you would like to view insurance companies that offer multiple discounts, click this link.

Tailor your insurance coverage coverage to you

When it comes to buying the best insurance coverage coverage, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that could help you determine whether or not you might need an agent’s assistance.

  • Is a new car covered when I drive it off the dealer lot?
  • Why do I only qualify for high-risk insurance?
  • Am I covered if I hit a deer?
  • When can my company non-renew my policy?
  • Can I make deliveries for my home business?
  • If my pet gets injured in an accident are they covered?
  • Am I covered when pulling a rental trailer?
  • What companies insure drivers after a DUI or DWI?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Parts of your insurance policy

Knowing the specifics of your insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types available from insurance companies.

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Supra.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive coverages – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like damage from flooding, falling objects and hitting a deer. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for liability – Liability insurance provides protection from injuries or damage you cause to other’s property or people that is your fault. It protects YOU from legal claims by others. 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 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability can pay for things such as pain and suffering, attorney fees, court costs and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Collision – Collision coverage pays for damage to your Supra caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as scraping a guard rail, damaging your car on a curb, hitting a parking meter, crashing into a ditch and crashing into a building. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Coverage for medical payments – Med pay and PIP coverage provide coverage for expenses for things like EMT expenses, nursing services, doctor visits and ambulance fees. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. 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. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

More effort can pay off

As you restructure your insurance plan, it’s very important that you do not buy less coverage just to save a little money. There are too many instances where an insured cut liability limits or collision coverage and learned later that the savings was not a smart move. Your objective should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Some insurance companies may not have price quotes online and most of the time these small, regional companies only sell through local independent agencies. Cheap 1995 Toyota Supra insurance can be found online in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates.

More information is available on the following sites:

Comments About 1995 Toyota Supra Insurance

  1. Jacqueline Strong

    Went with AAA for my Toyota and saved around $70 a year. Hopefully won’t need it. Can still barely afford it. When should I drop full coverage?

  2. Nicolle Nichols

    Great site. I live just outside Cedar Rapids, IA. I quoted with Auto-Owners, Safeco, and a few others for my Supra and I’m now saving $25 a month. I think they have home insurance too. :P

  3. Willis Vaughan

    I think I’m paying too much. I live in a small town just outside of Spokane, Washington. Don’t remember every company but I ended up saving about $20 each month. Insured with Auto-Owners before. Good savings if you bundle.

  4. Gilda Marshall

    It’s all a rip off. Proud to be from Bellevue, NE. I quoted with 21st Century, Auto-Owners, Encompass, and Liberty Mutual for my Supra and saved just over $80 a year. Left AIG Insurance to switch. I’m a pretty good driver though.

  5. Gricelda Anthony

    If you’re a decent driver and live near Missoula, MT, check out State Farm. They seem to be cheaper. Anyone else drop full coverage?

  6. Kim Gardner

    I live in a small town just outside of Columbia, SC. Quoted prices from AIG Insurance, Safeco, and a few others for my 1995 Toyota Supra and saved just over $110 a year. Insured with Safeco before. Just liability coverage since it’s getting old.

  7. Collen Chan

    Cheaper car insurance is a myth. Lifelong resident of Omaha, NE. Quoted with GEICO, Liberty Mutual, and Encompass for my 1995 Toyota Supra and I think I saved around $30 each month. Not worth enough to pay for comprehensive and collision.

  8. Melony Gutierrez

    I can’t pay high rates. I’m in the suburbs of Las Vegas, NV. Got free quotes online for a 1995 Toyota Supra. Ended up at about $90 savings annually. Went with State Farm. Might find lower rates online. My Supra doesn’t have full coverage.

  9. Sonya Wheeler

    I’m in Bridgeport, CT. I quoted with State Farm, American Family, Esurance, and The General for my Toyota and saved just over $70 a year. Was with AAA. I don’t have comp or collision coverage.

  10. Summer Sloan

    Any claims experience with State Farm in Fort Wayne, IN?

  11. Luis Holloway

    I can’t pay high rates. Proud to be from San Jose, California. Quoted a bunch of companies. Saved right around $20 a month. State Farm was the cheapest option for me. Was with AAA. Have a couple speeding tickets too. God forbid I actually have a claim. When should I drop full coverage?

  12. Marilou Lott

    Hope my rates come down. Checking in from North Charleston, South Carolina. Quoted a bunch of companies. Saved darn near $20 a month. 21st Century was the cheapest for me. Was with Eastwood. They offer free online rate quotes.

  13. Deedra Campbell

    I drive uninsured.

  14. Twanda Austin

    Not sure if this is cheap. I live in a small town just outside of Springfield, MA. I compared lots of rates. Saved darn near $20 a month. Progressive was the cheapest for me. I think they have home insurance too.

  15. Althea Ortiz

    Checking in from Bellevue, Nebraska. Got car insurance prices from USAA, AAA, Liberty Mutual, and Sentry for my Supra and I’m now saving $16 a month. I get lower rates because of my clean driving record.