How Much Does 2003 Toyota Sequoia Insurance Cost?

Have you had enough of not being able to afford to pay high auto insurance rates every month? You are no different than many other drivers. Multiple insurance companies compete for your business, and it can be difficult to compare rates to find the best rate

Smart consumers take time to get comparison quotes every six months due to the fact that insurance rates tend to go up over time. If you had the best deal for Sequoia coverage six months ago you can probably find a better price now. Don’t believe everything you read about auto insurance online, but by reading this article, you’re going to learn some of the best techniques to put money back in your pocket.

If you have insurance now or are shopping for new coverage, you can learn to get lower rates while maximizing coverage. Choosing the best insurance company for you is not rocket science. Drivers only need an understanding of how to compare prices online.

Lower rates by qualifying for discounts

Auto insurance is not cheap nor is it fun to buy but there are discounts available that you may not even be aware of. Most are applied at the time of quoting, but some need to be manually applied before they will apply.

• Data Collection Discounts – Drivers who elect to allow their insurance company to track their driving habits by using a small device installed in their vehicle like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if they exhibit good driving behavior.
• Save with a New Car – Buying a new car model can save you some money because new model year vehicles keep occupants safer.
• No Charge for an Accident – Not necessarily a discount, but companies like Allstate, State Farm and Geico will turn a blind eye to one accident before your rates go up if you have no claims for a particular time prior to the accident.
• Active Service Discounts – Having a deployed family member could qualify you for better premium rates.
• ABS Brakes – Cars, trucks, and SUVs with ABS and/or traction control are safer to drive so companies give up to a 10% discount.

Keep in mind that most credits do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because it seems like you would end up receiving a 100% discount, it’s just not the way it works.

The best auto insurance companies and a partial list of their discounts are outlined below.

• State Farm may have discounts that include good driver, multiple policy, accident-free, driver’s education, defensive driving training, and Steer Clear safe driver discount.
• American Family offers discounts for good student, mySafetyValet, good driver, TimeAway discount, defensive driver, Steer into Savings, and air bags.
• Geico may include discounts for anti-lock brakes, military active duty, driver training, multi-vehicle, good student, and multi-policy.
• 21st Century may offer discounts for automatic seat belts, homeowners, anti-lock brakes, air bags, theft prevention, and defensive driver.
• Progressive has discounts for multi-policy, good student, multi-vehicle, continuous coverage, online signing, and homeowner.

If you are trying to find cheaper auto insurance quotes, ask all companies you are considering which discounts they offer. Discounts may not be available everywhere. If you would like to view providers who offer discounts, click this link.

Auto insurance is unique, just like you

When choosing the right insurance coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For instance, these questions could help you determine whether you will benefit from professional help.

• What are the best liability limits?
• Should I rate my 2003 Toyota Sequoia as pleasure use or commute?
• What exactly is covered by my policy?
• Where can I find DUI or SR-22 insurance?
• What are the financial responsibility laws in my state?
• Should I buy only the required minimum liability coverage?
• Should I waive the damage coverage when renting a car?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

Specific coverage details

Knowing the specifics of a insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on the average insurance policy.

Comprehensive protection

This pays for damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, a broken windshield, a tree branch falling on your vehicle, damage from flooding and rock chips in glass. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for prosthetic devices, doctor visits, ambulance fees, pain medications and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Toyota Sequoia.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Collision coverage

Collision coverage covers damage to your Sequoia from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like rolling your car, backing into a parked car and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Liability auto insurance

This coverage protects you from damages or injuries you inflict on other people or property. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things like emergency aid, structural damage, loss of income, medical services and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Don’t throw your cash in the trash

Throughout this article, we presented a lot of ways to compare 2003 Toyota Sequoia insurance premium rates online. The key concept to understand is the more quotes you get, the better likelihood of getting cheaper auto insurance. Drivers may discover the most savings is with an unexpected company. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as Geico and State Farm.

As you quote auto insurance, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where someone dropped physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. The ultimate goal is to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.

Helpful resources

• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)
• Choosing an Insurance Company (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Keeping Children Safe in Crashes Video (iihs.org)
• Senior Drivers (Insurance Information Insitute)