2003 Toyota Avalon Car Insurance Rates – 8 Savings Tips

Searching for the cheapest car insurance rates for your Toyota Avalon? Finding cheap prices for car insurance might be challenging for drivers who are new to online comparison shopping. Drivers have so many options that it can turn into a lot of work to find a cheaper company.

It is always a good idea to shop coverage around on a regular basis because car insurance rates tend to go up over time. Just because you found the best deal for Avalon insurance six months ago the chances are good that you can find a lower price today. Block out anything you think you know about car insurance because we’re going to demonstrate one of the quickest ways to get good coverage at a lower rate.

The quickest method to compare rate quotes is to take advantage of the fact most of the larger companies participate in online systems to provide you with a free rate quote. To start a quote, the only thing you need to do is provide the companies a bit of rating information including how much school you completed, the year, make and model of vehicles, if the car is leased, and if a SR-22 is needed. That rating information is then sent to all major companies and they return rate quotes immediately.

To find lower rates now, click here and complete the quick form.

Drivers can save with these eight money-saving discounts

Insurance is expensive, but there may be some discounts to cut the cost considerably. Many of these discounts will be applied automatically when you purchase, but lesser-known reductions have to be asked for prior to getting the savings. If you do not check that you are getting every discount you deserve, you may be paying too high a price.

  • Professional Memberships – Affiliation with specific professional or occupational memberships or organizations could earn you a nice discount on your next insurance statement.
  • Driver’s Ed – Require your teen driver to enroll and complete driver’s education in high school.
  • No Accidents – Drivers who don’t have accidents are rewarded with significantly better rates on car insurance quote in comparison with bad drivers.
  • Telematics Discount – Insureds who allow driving data collection to spy on their driving habits by using a telematic data system such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction as long as the data is positive.
  • Discount for Multiple Policies – If you have multiple policies with the same company you could get a discount of over 10 percent off each policy depending on the company.
  • Pay Early and Save – By paying your policy upfront as opposed to paying monthly you may have a lower total premium amount.
  • Accident Waiver – Not a discount per se, but certain companies permit an accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Seat Belts Save – Requiring all passengers to use their safety belts could save 15% on medical payment and PIP coverage.

As a sidenote, most discounts do not apply the the whole policy. Most cut individual premiums such as liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky.

Companies and some of the discounts are detailed below.

  • Mercury Insurance offers premium reductions for ease of repair, type of vehicle, location of vehicle, multi-car, age of vehicle, anti-theft, and good driver.
  • Farmers Insurance has discounts for distant student, electronic funds transfer, good student, mature driver, alternative fuel, and multi-car.
  • Farm Bureau may include discounts for youthful driver, multi-policy, driver training, multi-vehicle, 55 and retired, and renewal discount.
  • State Farm may have discounts that include passive restraint, defensive driving training, accident-free, driver’s education, multiple policy, Steer Clear safe driver discount, and good student.
  • Allstate offers discounts for FullPay discount, defensive driver, premier discount, auto/life discount, utility vehicle, good student, and economy car.
  • GEICO has savings for air bags, multi-vehicle, military active duty, anti-lock brakes, multi-policy, seat belt use, and emergency military deployment.

When getting free car insurance quotes, it’s a good idea to all the companies which credits you are entitled to. Depending on the company, some discounts might not be offered in your area.

Do I need special coverages?

When choosing proper insurance coverage for your vehicles, there really is not a one size fits all plan. Everyone’s situation is a little different.

These are some specific questions might help in determining whether or not you would benefit from professional advice.

  • How high should my medical payments coverage be?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I covered if I wreck a rental car?
  • How much liability insurance is required?
  • Do I pay less if my vehicle is kept in my garage?
  • When should I drop full coverage on my 2003 Toyota Avalon?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Should I have combined single limit or split liability limits?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I need roadside assistance coverage?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form.

Auto insurance advertisements

GEICO, State Farm and Progressive seem to constantly run television and radio advertisements. They all seem to make an identical promise about savings if you switch to their company. That’s great but how can every company charge you less for car insurance? This is the trick they use.

Companies have a preferred profile for the type of customer that will be a good risk. For example, a profitable insured might have to be between 30 and 50, has no claims, and drives a lower-performance vehicle. A propective insured who fits those characteristics will probably get cheap car insurance rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential insureds who are not a match for this stringent profile may receive higher premium rates which leads to the customer not purchasing. Company advertisements say “people that switch” not “everybody who quotes” save that much when switching. This is how companies can advertise the way they do. This really drives home the point why drivers must do a quote comparison often. It is just not possible to predict the company that will have better prices than you’re paying now.

Specific coverages for a 2003 Toyota Avalon

Having a good grasp of insurance aids in choosing appropriate coverage and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Toyota Avalon.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers 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 such as vandalism, hitting a bird, falling objects, hitting a deer and rock chips in glass. The highest amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

This pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a ditch, backing into a parked car, driving through your garage door, crashing into a building and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Medical costs insurance

Med pay and PIP coverage provide coverage for expenses like doctor visits, EMT expenses, funeral costs and nursing services. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Liability

Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers things like attorney fees, emergency aid, loss of income and repair bills for other people’s vehicles. 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.

Save for a rainy day

Insureds who switch companies do it for a variety of reasons including policy cancellation, questionable increases in premium, being labeled a high risk driver or an unsatisfactory settlement offer. No matter why you want to switch, finding a great new company can be easy and end up saving you some money.

We just showed you a lot of ways to get a better price on 2003 Toyota Avalon insurance. The key thing to remember is the more you quote car insurance, the higher the chance of saving money. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising.

When getting car insurance quotes online, don’t be tempted to buy less coverage just to save a little money. In too many instances, someone sacrificed physical damage coverage only to find out they didn’t purchase enough coverage. The goal is to buy a smart amount of coverage at an affordable rate, but do not skimp to save money.

Much more information about auto insurance can be read on the following sites:

Comments About 2003 Toyota Avalon Insurance

  1. Anita Frost

    Well-written and thought out article. I’m in the suburbs of Saint Louis, MO. I quoted with American Family, Sentry, and some smaller one I can’t remember the name of for my Toyota and I’m now saving $10 a month. God forbid I actually have a claim.

  2. Lucretia Dunn

    Liked the article. I live in a small town just outside of Huntington, WV. Got car insurance quotes with AAA, Farmers, and MetLife for my Avalon and I think I cut my rates about $20 each month. I quoted rates online then called them.

  3. Gladis Key

    Do I have to carry car insurance in North Dakota?

  4. Laurice Warner

    Cheaper not always better. I live just to the north of Cleveland, OH. Got car insurance quotes from AIG Insurance, Safeco, and some smaller one I can’t remember the name of for my 2003 Toyota Avalon and saved $76 a year. Thankfully I have a good driving record. I don’t insure for physical damage though.

  5. Jordan Underwood

    From northwest of Memphis, TN. I quoted with Auto-Owners, Mercury, and some smaller one I can’t remember the name of for my 2003 Toyota Avalon and saved $107 a year. It’s only liability tho.

  6. Angelika Sampson

    Well-written and thought out article. Proud to be from Nashville, TN. Quoted rates from Amica, MetLife, and some smaller one I can’t remember the name of for my Avalon and I think I cut my rates about $30 each month. I think they have home insurance too. I dropped full coverage awhile back.

  7. Socorro Willis

    Can you buy custom paint coverage for a 2003 Toyota Avalon?

  8. Leone Graves

    Here’s what I found out. I live north of Rio Rancho, New Mexico. I got free rates from Progressive, Farmers, and The General for my Toyota and saved just over $90 a year.

  9. Shelia Henderson

    Cheap is not always the best policy. Located in Atlanta, GA. Compared quite a few companies. Saved roughly $20 a month. Allstate was the best choice for me.

  10. Zona Byers

    I found pretty cheap rate quotes for a 2003 Toyota Avalon in Cedar Rapids, IA. Ended up at about $100 every six months with AAA. Might find lower rates online.

  11. Billy Lambert

    Got a quote with MetLife for my Toyota and cut my rates about $80 a year. Insured with Esurance before. I dropped full coverage awhile back.

  12. Jordan Saunders

    Found cheapest coverage with Encompass for my Toyota and cut my rates about $110 a year. I have several vehicles insured with them.

  13. Cecila Estrada

    GEICO and State Farm were both pretty cheap in Manchester, NH.

  14. Tawana Santiago

    Are custom wheels covered by insurance?