Lower Your 1996 Toyota Tercel Insurance Rates

Looking for cheaper insurance coverage rates for your Toyota Tercel? If you are a novice to online insurance coverage shopping, by this point your are probably baffled of insurance providers that all promise the best rates.

Consumers need to price shop coverage every six months since prices are rarely the same from one policy term to another. Even if you think you had the best price for Tercel coverage six months ago you can probably find a lower rate today. There is too much inaccurate information about insurance coverage on the internet, but by reading this article, you’re going to learn some tested techniques to reduce your insurance coverage bill.

Low cost insurance quotes

There are a lot of ways to compare insurance quotes, and some are less labor-intensive and much quicker. You could spend the better part of a day talking to insurance agencies in your area, or you could use the web to get pricing more quickly.

Many popular insurance companies belong to a marketplace where prospective buyers enter their policy data once, and every company returns a rated price determined by their information. This prevents consumers from doing form submissions to each individual insurance company.

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

The one downside to getting quotes like this is buyers cannot specifically choose the insurers to get quotes from. If you prefer to choose individual companies to receive pricing from, we have assembled a list of companies who write insurance in your area. Click to view list.

However you get your quotes, be sure to compare exactly the same coverage limits and deductibles on every quote. If each company quotes different data it’s impossible to make a fair comparison for your Toyota Tercel. Just a small difference in limits may cause a big price difference. And when price shopping your coverage, quoting more increases your odds of finding more affordable rates. Some companies don’t provide online rate quotes, so you should also compare prices from the smaller companies as well.

Cheaper rates with these discounts

Car insurance companies don’t always publicize all available discounts in an easy-to-find place, so the list below details a few of the more well known as well as some of the hidden savings tricks you should be using when you buy insurance online.

• Bundle and Save – If you insure your home and vehicles and insure them with the same company you could get a discount of approximately 10% to 15%.
• Mature Driver Discount – If you qualify as a senior citizen, you can get reduced rates for Tercel coverage.
• Theft Deterent Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and will qualify for a discount on a insurance quote.
• Low Mileage – Fewer annual miles on your Toyota could be rewarded with slightly better rates than normal.
• Smart Student Discounts – Excelling in school can earn a discount of 20% or more. The good student discount can last up to age 25.
• Drive Safe and Save – Insureds without accidents can save as much as half off their rates for Tercel coverage than their less cautious counterparts.
• New Vehicle Savings – Buying insurance on a new vehicle is cheaper due to better safety requirements for newer vehicles.
• One Accident Forgiven – Not a discount per se, but companies like Progressive and Allstate permit an accident before your rates go up so long as you haven’t had any claims before the accident.

Keep in mind that some credits don’t apply the the whole policy. Most cut individual premiums such as physical damage coverage or medical payments. Even though it appears all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

Insurance companies that have most of the discounts above include:

• American Family
• Nationwide
• MetLife
• 21st Century
• Farmers Insurance
• Allstate

When comparing rates, check with every insurance company which credits you are entitled to. Depending on the company, some discounts might not be offered in your area. To see insurers that offer discounts, follow this link.

Car insurance can be complex

When choosing coverage for your personal vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions may help you determine if you would benefit from professional advice.

• Is my custom paint covered by insurance?
• Why am I required to buy liability insurance?
• Do I need added coverage for expensive stereo equipment?
• Am I covered if my car is in a flood?
• What if I owe more than I can insure my car for?
• Can I drive in Mexico and have coverage?
• Do I pay less for low miles?
• Should I have combined single limit or split liability limits?
• Is my nanny covered when driving my vehicle?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form.

Coverage specifics

Learning about specific coverages of a insurance policy can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Collision coverage – This pays for damage to your Tercel from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like backing into a parked car, sustaining damage from a pot hole, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to bring the cost down.

Auto liability – Liability coverage provides protection from injuries or damage you cause to a person or their property. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things such as pain and suffering, medical expenses, funeral expenses, bail bonds and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy as much as you can afford.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Tercel.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits are set the same as your liablity limits.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for expenses such as funeral costs, hospital visits, rehabilitation expenses and X-ray expenses. They are used in conjunction with a health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from getting keyed, damage from flooding, rock chips in glass, damage from a tornado or hurricane and hail damage. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.