Lower Your 2002 Toyota 4Runner Insurance Quotes

Looking for the cheapest insurance coverage rates? Shoppers have lots of choices when shopping for the best price on Toyota 4Runner insurance. They can either spend hours struggling with agents getting price quotes or save time using the internet to get rate quotes. There are both good and bad ways to compare insurance coverage rates and we’ll show you the best way to price shop coverage for a Toyota and locate the lowest price either online or from local insurance agents.

Toyota 4Runner insurance premiums can be reduced

Multiple criteria are part of the calculation when you quote your car insurance policy. Some are pretty understandable like your driving record, although others are not quite as obvious like your vehicle usage or your commute time.The best way to find cheaper auto insurance is to take a look at the different types of things that are used to determine your premiums. If you understand what determines premiums, this enables you to make decisions that may result in lower auto insurance prices.

  • Single drivers may pay higher prices – Having a significant other may save some money when buying auto insurance. Marriage generally demonstrates drivers are more responsible and insurance companies reward insureds because drivers who are married file infrequent claims.
  • Premiums for men may be higher – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. Now that doesn’t mean females are better at driving than males. Men and women get in auto accidents at about the same rate, but men tend to have higher claims. Men also get more serious tickets such as driving while intoxicated (DWI) or driving recklessly. Males from age 16 to 21 have the highest risk to insure so it costs more to insure them.
  • Teen drivers are expensive to insure – Youthful drivers are statistically shown to be less responsible with other occupants in the car so auto insurance rates are higher. More mature drivers tend to be more responsible, cause fewer claims and accidents .
  • Choose high NHTSA crash test ratings and save – Vehicles with good safety scores tend to be cheaper to insure. These vehicles protect occupants better and reduced instances of injuries means your insurance company pays less passed on to you as lower rates. If your Toyota scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

Cheap car insurance quotes

The majority of larger companies such as Geico, State Farm and Progressive give insurance quotes direct online. Getting online quotes is possible for anyone as all you need to do is type in your personal and coverage information as requested by the quote form. After you complete the form, the quote system pulls information on your driving record and credit history and gives you a price quote based on the data you entered.

This makes comparing rates easy, but the process of having to visit many different websites and fill out multiple forms is a waste of time. But it’s also necessary to get many rate quotes if you want to find the lowest car insurance rates.

A more efficient way to find better car insurance pricing uses one form that analyzes rates from a lot of companies. It saves time, helps eliminate reptitive entry, and makes rate comparisons much more efficient. After your information is entered, your coverage is rated and you can select your choice of the quote results. If a lower price is quoted, you can click and sign and buy the new coverage. It only takes a few minutes and can result in significant savings.

To find out what other companies charge, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you copy the coverages as close as possible to your current policy. Doing this guarantees you will have a price comparison for similar insurance coverage.

These discounts can lower your auto insurance rates

Insurance can be prohibitively expensive, but you can get discounts that many consumers don’t even know exist. Some of these disounts will be visible at the time of quoting, but a few need to be manually applied before they will apply. If you do not double check each discount possible, you are paying more than you should be.

  • Anti-lock Brakes – Cars, trucks, and SUVs equipped with ABS or steering control can reduce accidents and the ABS can save up to 10%.
  • Club Memberships – Belonging to a qualifying organization is a good way to get lower rates on your bill.
  • Data Collection Discounts – Drivers who elect to allow their insurance company to analyze when and where they use their vehicle by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they have good driving habits.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Toyota could be rewarded with lower premium rates due to less chance of an accident.
  • Homeowners Pay Less – Owning your own home or condo can earn you a little savings since owning and maintaining a home means you have a higher level of financial diligence.
  • Student Discounts – Performing well in school can get you a discount of up to 25%. Most companies allow this discount well after school through age 25.
  • No Claims – Drivers with accident-free driving histories have much lower rates as opposed to policyholders that have many claims.
  • Auto/Life Discount – If the company offers life insurance, you could get a lower auto insurance rate if you buy some life insurance in addition to your auto policy.
  • College Student Discount – Any of your kids living away from home attending college and leave their car at home could get you a discount.

You can save money using discounts, but most credits do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as comprehensive or collision. Even though it may seem like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

A list of auto insurance companies and a partial list of their discounts are shown below.

  • 21st Century discounts include early bird, homeowners, driver training, defensive driver, and teen driver.
  • State Farm offers discounts for accident-free, multiple policy, anti-theft, student away at school, and defensive driving training.
  • AAA may have discounts that include pay-in-full, multi-policy, anti-theft, good student, education and occupation, AAA membership discount, and multi-car.
  • Liberty Mutual has discounts for preferred payment discount, new graduate, multi-car, safety features, and newly retired.
  • Progressive includes discounts for online quote discount, continuous coverage, good student, homeowner, multi-policy, and multi-vehicle.

If you need cheaper insurance quotes, ask all companies you are considering how you can save money. Depending on the company, some discounts may not apply to policies in your area. For a list of auto insurance companies with discount rates, click this link.

Different people need different insurance coverages

When it comes to buying adequate coverage for your vehicles, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight whether or not you would benefit from professional advice.

  • Am I covered when pulling a rental trailer?
  • Do I need higher collision deductibles?
  • Is my teen driver covered when they drive my company car?
  • Does insurance cover tools stolen from my truck?
  • Should I bundle my homeowners policy with my auto?
  • Are rock chip repairs covered?
  • What happens if I owe more than my 2002 Toyota 4Runner is worth?
  • Is business equipment covered while in my vehicle?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Insurance coverage breakdown

Learning about specific coverages of a insurance policy can help you determine appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Auto liability – Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability insurance covers claims such as attorney fees, funeral expenses and bail bonds. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for bills such as ambulance fees, hospital visits, funeral costs, dental work and doctor visits. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Toyota 4Runner.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Collision coverages – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as scraping a guard rail, sideswiping another vehicle, driving through your garage door and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from older vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like falling objects, damage from getting keyed, damage from flooding and fire damage. The maximum payout a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

More comparisons equals lower rates

You just read quite a bit of information on how to compare 2002 Toyota 4Runner insurance prices online. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced car insurance comes from some of the smallest insurance companies.

Lower-priced car insurance can be sourced from both online companies in addition to local insurance agencies, and you should be comparing both in order to have the best chance of saving money. A few companies may not have online rate quotes and these small insurance companies work with independent agencies.

As you restructure your insurance plan, you should never reduce coverage to reduce premium. In too many instances, someone dropped liability coverage limits and learned later that it was a big error on their part. Your objective should be to get the best coverage possible at the best cost while still protecting your assets.

Additional car insurance information is available below:

Comments About 2002 Toyota 4Runner Insurance

  1. Denver Gillespie

    I found pretty cheap rate quotes for a 2002 Toyota 4Runner in Colorado Springs, CO. Ended up at darn near $70 every six months with Amica. Teenage drivers are expensive! I used their online quote form to compare rates. Liability only on my Toyota.

  2. Min Trujillo

    Will 21st Century be cheaper if I raise deductibles?

  3. Janie Herring

    In Mesa, AZ, AIG Insurance had the best rates for my 2002 Toyota 4Runner. BTW speeding tickets are not good. I just carry liability insurance.

  4. Ursula Madden

    Cheap is relative. I live in Los Angeles, California. Got car insurance rates from Auto-Owners, Mercury, and a few others for my Toyota and I think I cut my rates about $30 each month. Insured with Erie before. Ask about discounts. They have free quotes online.

  5. Torie Mckinney

    I live just outside Saint Paul, MN. Can’t remember who all I quoted but I ended up saving about $30 each month. Wish I didn’t have to insure at all. I think I’ll get rid of full coverage next time.

  6. Eugene Mcdowell

    I compared a lot of rate quotes for a 2002 Toyota 4Runner in Chesapeake, VA. Ended up at darn near $90 every six months with Amica.

  7. Celina Cantrell

    Do I have to have car insurance in Oklahoma?

  8. Nelle Pennington

    Lifelong resident of Los Angeles, CA. Quoted a bunch of companies. Saved darn near $20 a month. 21st Century was the cheapest option for me. I think they have home insurance too. I used their website to get prices. Not worth enough to pay for comprehensive and collision.

  9. Jenae Jones

    I’m in Cedar Rapids, Iowa. Got free quotes online for a 2002 Toyota 4Runner. Ended up at about $120 savings annually. Went with State Farm. Left Esurance to switch. Next renewal I’ll just do liability.

  10. Leeanna Wells

    I’m just north of New Orleans, Louisiana. Can’t remember who all I quoted but I ended up saving about $20 each month. I recommend comparing lots of rates. Just liability coverage since it’s getting old.

  11. Mariela Gross

    I live just outside Rockford, IL, and GEICO rates were best. Was with Liberty Mutual. Next renewal I’ll just do liability.