Compare 2010 Toyota Tundra Car Insurance Rates

Are you drained from scraping the payment together to pay insurance each month? You are no different than millions of other vehicle owners. Vehicle owners have many insurance companies to insure vehicles with, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare rates.

It’s a great practice to compare rates quite often because insurance prices are rarely the same from one policy term to another. Just because you had the best rates on Tundra coverage at your last renewal you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re about to learn one of the quickest ways to lower your annual insurance bill.

How to get the cheapest insurance

Finding a better price on insurance is not rocket science. Drivers just need to take a few minutes to compare free insurance coverage quotes to discover which company has inexpensive insurance coverage quotes. This can be done in several different ways.

The easiest and least time consuming way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This type of form eliminates the need for separate quote forms for every insurance company. Filling out one form compares rates direct from many companies.

A slightly less efficient method to find more affordable insurance is spending the time to visit the website of each company to request a price quote. For examples sake, we’ll assume you want rates from Liberty Mutual, State Farm and Travelers. You would have to spend time going to each site individually and enter your information, which can take a lot of time.

For a list of companies in your area, click here.

Whichever way you choose to compare rates, be certain you are entering the same coverages and limits on every price quote you get. If the quotes have unequal deductibles or liability limits it will be very difficult to determine which rate is truly the best.

Don’t overlook these insurance discounts

Auto insurance companies do not list all disounts very clearly, so we took the time to find some of the more common as well as the least known ways to save on insurance. If you check and find you aren’t receiving every discount available, you are paying more than you should be.

• Save with a New Car – Insuring a vehicle that is new is cheaper since new vehicles have better safety ratings.
• Discounts for Government Workers – Being employed by or retired from a federal job could qualify for a slight premium decrease on Tundra coverage with a few insurance companies.
• Military Rewards – Being deployed in the military can result in better prices.
• ABS and Traction Control Discounts – Cars with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
• Senior Citizens – Mature drivers may receive a small discount on rates on Tundra coverage.
• Bundle and Save – If you have multiple policies and insure them both with the same insurance company you could earn a discount of up to 20% and get you inexpensive insurance coverage.
• Own a Home and Save – Being a homeowner may earn you a small savings since owning and maintaining a home means you have a higher level of financial diligence.
• Smart Student Discounts – This discount can save 20 to 25%. The good student discount can last well after school through age 25.
• Pay Upfront and Save – By paying your entire bill at once instead of paying each month you may have a lower total premium amount.
• Safety Restraint Discount – Using a seat belt and requiring all passengers to fasten their seat belts can save a little off PIP or medical payments premium.

Don’t be surprised that some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as physical damage coverage or medical payments. Even though it may seem like you would end up receiving a 100% discount, you aren’t that lucky. But any discount will help lower the cost of your policy.

A few of the larger companies and some of the premium reductions they offer are detailed below.

• State Farm includes discounts for defensive driving training, Steer Clear safe driver discount, anti-theft, good driver, and accident-free.
• Geico discounts include air bags, federal employee, good student, anti-theft, seat belt use, and multi-vehicle.
• Allstate may offer discounts for 55 and retired, safe driver, good student, new car, early signing, auto/life discount, and teenSMART discount.
• SAFECO may include discounts for accident prevention training, multi-car, anti-lock brakes, safe driver, homeowner, and teen safety rewards.
• Farm Bureau offers discounts including multi-vehicle, multi-policy, good student, 55 and retired, renewal discount, youthful driver, and safe driver.
• Progressive has savings for multi-policy, online signing, good student, continuous coverage, and homeowner.
• AAA offers discounts for multi-policy, AAA membership discount, anti-theft, good student, and multi-car.

When comparing rates, check with each company or agent how many discounts you can get. Some of the discounts discussed earlier may not apply to policyholders in every state. To locate insurance companies with the best discounts, click here.

When to get professional advice

When buying adequate coverage, there really is no “best” method to buy coverage. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that may help highlight if your situation would benefit from an agent’s advice.

• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Am I covered when driving someone else’s vehicle?
• How can I force my company to pay a claim?
• Can I make deliveries for my home business?
• How much liability coverage do I need in my state?
• Do I need replacement cost coverage on my 2010 Toyota Tundra?
• Why am I required to buy liability insurance?
• Am I covered if I crash into my own garage door?
• What vehicles should carry emergency assistance coverage?
• Should I rate my 2010 Toyota Tundra as pleasure use or commute?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

How to lower your insurance rates

Many factors are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, although some other factors are less obvious such as your credit history and annual miles driven.

Listed below are some of the major factors used by your company to calculate your rate level.

• Tough employer may mean higher insurance coverage rates – Do you have a high-stress occupation? Careers such as military personnel, executives and stock brokers usually pay higher premiums than the average policyholder due to intense work requirements and long work hours. Conversely, occupations like actors, historians and retirees generally pay rates lower than average on Tundra coverage.
• Older drivers pay less – Beginning drivers tend to be easily distracted when at the wheel of a vehicle so insurance coverage rates are higher. Older drivers are proven to be safer behind the wheel, cost insurance companies less in claims .
• If you don’t need it don’t buy it – There are a ton of extra add-on coverages that sound like a good idea at the time but may not be useful. Insurance for rental car reimbursement, accidental death, and extra life insurance coverage are probably not needed. These may sound like a good investment when deciding what coverages you need, but if you have no use for them eliminate them to save money.
• Vehicle theft costs us all – Buying a car with an alarm system can help bring down rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent your vehicle from being stolen.
• Poor driving habits leads to higher prices – Only having one citation can boost insurance rates forty percent or more. Attentive drivers pay lower auto insurance prices than people who have multiple driving citations. Drivers unfortunate enough to have dangerous tickets such as reckless driving or DUI may find they need to complete a SR-22 with the DMV in their state in order to prevent a license revocation.

Car insurance coverage breakdown

Understanding the coverages of your policy aids in choosing appropriate coverage and the correct deductibles and limits. Car insurance terms can be impossible to understand and coverage can change by endorsement. Shown next are the usual coverages found on the average car insurance policy.

Auto collision coverage

Collision coverage covers damage to your Tundra caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a building, crashing into a ditch, hitting a mailbox, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as rock chips in glass, damage from getting keyed and hitting a bird. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2010 Toyota Tundra.

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. So UM/UIM coverage is important protection for you and your family.

Liability

This coverage can cover damage that occurs to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as attorney fees, bail bonds, structural damage and pain and suffering. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible.

Medical costs insurance

Med pay and PIP coverage kick in for expenses such as chiropractic care, X-ray expenses, doctor visits and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Don’t throw your cash in the trash

When searching for cheaper insurance coverage quotes, never buy less coverage just to save a little money. In many cases, an accident victim reduced physical damage coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to get the best coverage possible at the lowest possible cost, but do not sacrifice coverage to save money.

Budget-friendly insurance is attainable on the web in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. Some insurance companies do not offer online price quotes and most of the time these regional carriers only sell through independent insurance agencies.

To read more, take a look at the articles below:

• Side Impact Crash Tests (iihs.org)
• Auto Theft Statistics (Insurance Information Insitute)
• Collision Insurance Coverage (Nationwide)
• Speed and Speed Limit FAQ (iihs.org)
• Auto Insurance Basics (Insurance Information Insitute)