2007 Toyota Tacoma Car Insurance Quotes – 8 Savings Tips

Did you make the mistake of buying overpriced car insurance? Say no more because you’re not the only one. Vehicle owners have many car insurance companies to pick from, and although it’s a good thing to have a selection, lots of choices makes it harder to compare rates.

You should take the time to get comparison quotes occasionally because car insurance prices change frequently. Just because you had the lowest rate on Tacoma coverage two years ago you may be paying too much now. Block out anything you think you know about car insurance because you’re about to find out how to use the internet to save money, get proper deductibles and limits, all at the lowest rate.

The method we recommend to get policy rate comparisons takes advantage of the fact almost all companies participate in online systems to provide you with free rate quotes. All consumers are required to do is give them rating details like how many miles driven, the type of vehicles you drive, if you went to college, and if you’re married. That information is automatically sent to multiple car insurance providers and they return cost estimate with very little delay.

Use discounts to get cheaper car insurance quotes

Some insurers don’t necessarily list the complete list of policy discounts in an easy-to-find place, so below is a list a few of the more common as well as the least known discounts that you can inquire about if you buy car insurance online.

  • Theft Deterent System – Cars and trucks with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Braking Control Discount – Vehicles that have anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
  • Drive Safe and Save – Drivers who avoid accidents could pay up to 40% less on Tacoma coverage than drivers with accidents.
  • Discounts for New Vehicles – Buying a new car instead of a used car is cheaper since newer models have better safety ratings.
  • Paperwork-free – Many larger companies will provide an incentive just for signing your application on their website.
  • Discount for Good Grades – Excelling in school could provide a savings of up to 20% or more. Earning this discount can benefit you up until you turn 25.
  • Payment Method – If you can afford to pay the entire bill instead of making monthly payments you can avoid the installment charge.
  • Renewal Discounts – A few companies offer discounts for switching to them prior to your current policy expiring. It’s a savings of about 10%.

Discounts save money, but please remember that most of the big mark downs will not be given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like you could get a free car insurance policy, that’s just not realistic. Any qualifying discounts will bring down your policy premium.

A list of companies and some of the premium reductions they offer include:

  • State Farm includes discounts for anti-theft, good student, safe vehicle, defensive driving training, and Drive Safe & Save.
  • American Family may have discounts that include multi-vehicle, accident-free, good student, air bags, good driver, and defensive driver.
  • AAA offers premium reductions for pay-in-full, AAA membership discount, multi-car, multi-policy, anti-theft, and good driver.
  • GEICO policyholders can earn discounts including military active duty, federal employee, good student, emergency military deployment, and multi-policy.
  • Mercury Insurance may include discounts for anti-theft, location of vehicle, ease of repair, accident-free, type of vehicle, and age of vehicle.
  • Farmers Insurance offers discounts for mature driver, bundle discounts, business and professional, multi-car, distant student, alternative fuel, and youthful driver.
  • Progressive has discounts for multi-policy, good student, online signing, homeowner, online quote discount, continuous coverage, and multi-vehicle.

Before you buy a policy, ask all companies you are considering the best way to save money. Some credits might not be offered everywhere. If you would like to choose from a list of insurance companies that have a full spectrum of discounts, click here to view.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there really is no cookie cutter policy. Everyone’s needs are different so your insurance should reflect that For instance, these questions may help you determine whether or not you might need an agent’s assistance.

  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does my 2007 Toyota Tacoma need full coverage?
  • Are split liability limits better than a combined single limit?
  • Should I drop comprehensive coverage on older vehicles?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Why am I required to buy liability insurance?
  • What is roadside assistance coverage?
  • Can I rent a car in Mexico?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

What auto insurance coverages do you need?

Having a good grasp of a auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages available from auto insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family and damage to your 2007 Toyota Tacoma.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Liability coverage

This coverage will cover damages or injuries you inflict on other’s property or people by causing an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things like pain and suffering, repair bills for other people’s vehicles, emergency aid, court costs and loss of income. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for pain medications, dental work, doctor visits and funeral costs. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision protection

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

Collision insurance covers claims like crashing into a ditch, rolling your car, backing into a parked car, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a broken windshield, rock chips in glass and hitting a bird. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Online plus local equals savings

As you shop your coverage around, it’s not a good idea to buy less coverage just to save a little money. Too many times, drivers have reduced liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at the best possible price and still be able to protect your assets.

In this article, we presented a lot of information how to shop for 2007 Toyota Tacoma insurance online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your prices. You may be surprised to find that the lowest priced car insurance comes from a lesser-known regional company. Regional companies may only write in your state and offer lower prices than their larger competitors like Progressive and GEICO.

Much more information about car insurance is located on the following sites:

Comments About 2007 Toyota Tacoma Insurance

  1. David Holt

    Any companies in Aurora, IL that will insure a DUI?

  2. Rema Adams

    I found pretty cheap rate quotes for a 2007 Toyota Tacoma in Las Cruces, NM. Ended up at about $430 every six months with AAA. Insured with GMAC before. Thankfully I’m not a high risk driver. Hardly afford to drive anymore.

  3. Lorette Strong

    Affordable car insurance is a myth. Live in Henderson, NV. Received quotes with AAA, Sentry, and some smaller one I can’t remember the name of for my Tacoma and cut my rates about $260 a year. Insured with MetLife before. Even increased my liability limits. I recommend comparing lots of rates.

  4. Anneliese Cardenas

    Thanks for putting this site together. From Hilo, HI. Can’t remember who all I quoted but I ended up saving about $60 each month. Even increased coverage a bit. Did it all online.

  5. Emily Holland

    Does Allstate prorate premiums at cancellation?

  6. Eugene Moss

    Do I have to carry car insurance in Minnesota?

  7. Kenny Hansen

    This is too expensive. From northwest of Rochester, New York. Don’t remember every company but I ended up saving about $50 each month. I’m a pretty good driver though. Highly recommended.

  8. Tari Miller

    Live in Boise, ID. Got free quotes online for a 2007 Toyota Tacoma. Ended up at about $280 savings annually. Went with State Farm.

  9. Sommer Kerr

    Are Allstate or Allstate rates cheaper in Iowa?

  10. Mariela Myers

    21st Century is decent in Missoula, Montana.