Cheaper 1995 Toyota Tercel Car Insurance Cost

Are you burned out from sacrificing other expenses to pay your insurance bill each month? You are in the same boat as many other consumers.

You have so many auto insurance companies to purchase coverage from, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare company pricing.

Smart consumers take time to compare premium rates at least once a year since prices change quite often. Even if you got the lowest price for Tercel coverage at your last renewal the chances are good that you can find a lower rate today. Block out anything you think you know about insurance because you’re going to get a crash course in the only way to save money, get proper coverage and the best rates.

Buying car insurance is easy if you know what you’re doing. Just about anyone who has to buy insurance will be able to save money. Nevertheless, consumers do need to learn the way companies determine prices and use this information to your advantage.

Insurance Coverage Discounts

Insurance coverage is easily one of your largest bills, but there may be some discounts to help offset the cost. Many discounts should be triggered when you purchase, but some need to be asked for prior to getting the savings. If you do not check that you are getting every discount available, you could be paying more than you need to.

  • Seat Belts Save more than Lives – Drivers who require all vehicle occupants to buckle up before driving can save a little on medical payment and PIP coverage.
  • Drivers Ed for Students – Cut your cost by having your teen driver enroll and complete driver’s education in high school.
  • Distant Student Discount – who attend college more than 100 miles from home and do not take a car to college could qualify for this discount.
  • Driver Training Discounts – Participating in a class that teaches safe driver techniques could save 5% or more and also improve your driving technique.
  • Membership in Organizations – Having an affiliation with certain professional organizations could earn you a nice discount on insurance coverage.
  • Service Members Pay Less – Being on active duty in the military may lower your prices slightly.
  • Accident Forgiveness Coverage – Not a discount per se, but a few companies such as GEICO, Allstate and Liberty Mutual will forgive one accident without the usual rate increase so long as you haven’t had any claims for a certain period of time.
  • Life Insurance Discount – If the company offers life insurance, you could get a lower insurance coverage rate if you buy some life insurance too.
  • Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of 20% or more.

We need to note that most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like medical payments or collision. So when the math indicates having all the discounts means you get insurance for free, you aren’t that lucky. But all discounts should help reduce your insurance coverage premiums.

To see a list of providers with discount insurance coverage rates, click here.

Buy insurance coverage online

Performing a rate comparison can take hours if you aren’t aware of the fastest way to get free quotes. You can waste hours driving to insurance companies in your area, or you could use the internet to get the quickest rates.

Most of the larger companies belong to an insurance system where prospective buyers enter their coverage request one time, and each participating company can give them a price. This eliminates the need for form submissions for each company.

To access this free quoting program, click here (opens in new window).

The single downside to doing it this way is you can’t choose which insurance companies to receive prices from. If you wish to select from a list of companies to receive pricing from, we have a page of companies who write insurance coverage in your area. Click to view list.

Whichever way you choose to compare rates, be certain you are entering identical deductibles and coverage limits for every quote you compare. If the quotes have unequal deductibles or liability limits it’s impossible to determine which rate is truly the best. Having just a slight variation in insurance coverages can make a big difference in price. Just remember that quoting more helps you find a better price. Not every company allows you to get prices over the internet, so it’s important to also get price estimates on coverage from those companies, too.

Tailor your insurance coverage coverage to you

When it comes to choosing proper insurance coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions could help you determine whether or not you could use an agent’s help.

  • Does my personal policy cover me when driving out-of-state?
  • Does coverage extend to a rental car in a foreign country?
  • Do all my vehicles need collision coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I need special endorsements for business use of my vehicle?
  • How do I insure my teen driver?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Learn about insurance coverages for a Toyota Tercel

Learning about specific coverages of your insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages found on most insurance policies.

Liability coverages – Liability coverage can cover damages or injuries you inflict on other people or property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as loss of income, bail bonds, legal defense fees and court costs. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Collision coverages – Collision insurance pays for damage to your Tercel resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like hitting a parking meter, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Comprehensive protection – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as damage from getting keyed, a tree branch falling on your vehicle, vandalism and damage from flooding. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage – Med pay and PIP coverage provide coverage for expenses for things like X-ray expenses, nursing services, prosthetic devices and ambulance fees. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Uninsured or underinsured coverage – This gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 1995 Toyota Tercel.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important.

Final considerations

We just presented a lot of techniques to get a better price on 1995 Toyota Tercel insurance. The key thing to remember is the more you quote auto insurance, the better your comparison will be. You may even discover the lowest priced auto insurance comes from some of the smallest insurance companies. These companies can often insure niche markets at a lower cost than their larger competitors like State Farm, GEICO and Nationwide.

Cheaper auto insurance can be found from both online companies in addition to local insurance agencies, and you need to comparison shop both to have the best selection. Some insurance companies do not offer rates over the internet and many times these smaller companies prefer to sell through independent agents.

More tips and info about auto insurance is available by following these links:

Comments About 1995 Toyota Tercel Insurance

  1. Blair Huffman

    This is too expensive. Lifelong resident of Mobile, AL. Got prices from State Farm, Amica, and some I forget for my Tercel and saved just over $80 a year. Left Liberty Mutual to switch. Hopefully won’t need it. It’s too old for full coverage.

  2. Mozell Vaughan

    Corporate greed I’m telling you. I’m just west of New Haven, CT. Received quotes with Progressive, AAA, and some I forget for my 1995 Toyota Tercel and I think I cut my rates about $30 each month. Not sure if rates are cheaper online or not.

  3. Hwa Reid

    Just my two cents. Located in Nashville, Tennessee. Quoted rates from AIG Insurance, Safeco, and some smaller one I can’t remember the name of for my Tercel and I’m now saving $25 a month. :) I only have liability coverage on it.

  4. Concha Beach

    I found pretty cheap rate quotes for a 1995 Toyota Tercel in Las Vegas, NV. Ended up at darn near $120 every six months with AIG Insurance. It was easy to get rates.

  5. Marketta Alexander

    Just my two cents. I’m in the south part of Grand Rapids, MI. I quoted with 21st Century, Auto-Owners, and Erie for my Toyota and saved just over $60 a year. Was with Western Auto Insurance. Get lots of quotes to find the best rate. It’s too old for full coverage.

  6. Granville Dudley

    I’ve bought from State Farm forever. Cheapest rates in Evansville, Indiana.

  7. Pamela Barber

    Lots of useful info here. Lifelong resident of Des Moines, IA. Received rates from Allstate, Hartford, and Farmers for my Tercel and I’m now saving $17 a month. Was with Amica.

  8. Francina Bennett

    I live just outside Aurora, IL. Got prices from Mercury, Eastwood, Allstate, and Amica for my Toyota and am saving around $70 a year. :P Only insure liability on my Tercel.

  9. Shannon Rivers

    Mine is so expensive. Quoted with Mercury for my Tercel and saved about $80 a year. Insured with Eastwood before. I get multi-vehicle and multi-policy discounts. It’s only liability tho.

  10. Giovanna Carson

    If you have a good history and live near Lincoln, NE, check out State Farm. You might get cheaper rates. Was with The General. Hopefully won’t need it. Can still barely afford it. I don’t have comp or collision coverage.

  11. Gerry Jarvis

    Lifelong resident of Rochester, Minnesota. Got rates from American Family, Mercury, and a few others for my Tercel and saved $64 a year. Insured with Encompass before.

  12. Marcos Ramos

    All companies are crooks. Found cheapest coverage with Erie for my Toyota and cut my rates about $110 a year. Teenage drivers are expensive! It was easy to get rates.