2015 Toyota 4Runner Insurance Rates – 6 Savings Tips

Nobody that owns a car is fond of buying insurance coverage, in particular when they could lower their rates if they shopped around. Vehicle owners have multiple insurance companies to purchase coverage from, and though it is a good thing to have a choice, it can be more challenging to locate the cheapest rates.

How to buy car insurance

Finding cheaper car insurance prices is actually easier than you may think. Just take time comparing price quotes to discover which company has affordable insurance coverage quotes. It’s super easy and can be done using one of these methods.

The fastest and easiest way to get quotes for comparison is a comparison rater form like this one (opens in new window). This style of form eliminates the need for separate forms for every prospective company. One quote request gets you price quotes from several companies.

A more time consuming way to obtain and compare quotes online requires visiting the website of each company and fill out their own quote form. For sake of this example, we’ll pretend you want to get rates from State Farm, 21st Century and GMAC. You would have to navigate to each company’s site to enter your coverage information, which can get old fast. For a handy list of car insurance company links in your area, click here.

Even if you have time, the least recommended way to find cheaper rates is going to local insurance agencies. Shopping for car insurance online reduces the need to sit down with an agent unless you prefer the trained advice that only a licensed agent can provide. You can, however, price shop your coverage online and still use a local agent.

The approach you take is up to you, just be sure you’re using identical coverages for each comparison quote. If each company quotes mixed coverages it will be impossible to determine the lowest rate for your Toyota 4Runner.

Six discounts for cheaper insurance rates

The cost of insuring your cars can be expensive, but there may be some discounts that may help make it more affordable. A few discounts will automatically apply at the time of purchase, but some must be inquired about prior to getting the savings. If you aren’t receiving every discount possible, it’s possible you qualify for a lower rate.

  • Low Mileage Discounts – Fewer annual miles on your Toyota can qualify you for cheaper prices.
  • Senior Discount – Seniors can possibly qualify for lower premium rates for 4Runner insurance.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts may be able to save a few bucks off PIP or medical payments premium.
  • No Accidents – Good drivers with no accidents have much lower rates compared to policyholders that have many claims.
  • Student in College – Youth drivers who live away from home at college and do not have a car could qualify for this discount.
  • Good Drivers – Drivers who don’t get into accidents can save as much as half off their rates for 4Runner insurance as compared to drivers with claims.

It’s important to note that most discounts do not apply the the whole policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it appears having all the discounts means you get insurance for free, companies don’t profit that way.

Some of the insurance companies that may include many of the previously listed discounts include:

If you need low cost insurance coverage quotes, ask every prospective company which discounts they offer. Some credits might not be available to policyholders in every state. If you would like to choose from a list of insurance companies with discount rates, click here to view.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining whether you would benefit from an agent’s advice.

  • Will my rates increase for filing one claim?
  • Do I have coverage when making deliveries for my home business?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • What are the financial responsibility laws in my state?
  • Am I covered if hit by an uninsured driver?
  • Is a blown tire covered by insurance?
  • Which is better, split liability limits or combined limits?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

Does car insurance advertising bend the truth?

Consumers get pounded daily by advertisements for car insurance savings from the likes of GEICO, State Farm and Progressive. They all say the same thing of big savings if you change your car insurance coverage to their company.

It sounds good, but how can they all lower your rates? This is the way they can do it.

All companies look for specific characteristics for the driver that is profitable for them. A good example of a desirable insured may need to be between 30 and 50, has no claims, and the vehicle is rated for pleasure use. Someone that matches those criteria will get low rates as well as save when switching.

People who are not a match for these standards will get a higher premium and this can result in the customer buying from someone else. If you listen to the ad wording, they say “drivers that switch” not “all people who quote” can save as much as they claim. This is how insurance companies can advertise the way they do.

Because of these techniques, it is so important to compare rate quotes every year. You cannot predict the company that will have the best auto insurance rates at this point in time.

Auto insurance specifics

Learning about specific coverages of a auto insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most auto insurance policies.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as damage to your Toyota 4Runner.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as falling objects, hitting a bird, damage from getting keyed, rock chips in glass and damage from a tornado or hurricane. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical costs insurance

Med pay and PIP coverage pay for short-term medical expenses for things like doctor visits, pain medications, EMT expenses and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision coverage pays for damage to your 4Runner resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.

Coverage for liability

This protects you from damage or injury you incur to a person or their property that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have a combined limit that pays claims from the same limit without having the split limit caps.

Liability can pay for things like bail bonds, loss of income, structural damage, funeral expenses and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Make a quick buck

As you prepare to switch companies, it’s a bad idea to buy less coverage just to save a little money. There are a lot of situations where an accident victim reduced liability coverage limits only to discover later that the small savings ended up costing them much more. The aim is to purchase plenty of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

You just learned quite a bit of information on how to get a better price on 2015 Toyota 4Runner insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. Drivers may discover the lowest prices come from a small mutual company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive and GEICO.

For more information, take a look at the resources below:

Comments About 2015 Toyota 4Runner Insurance

  1. Bethanie Perry

    Like your site, BTW. Live in the western part of Las Cruces, NM. I got free rates from AIG Insurance, Sentry, and Western Auto Insurance for my 4Runner and I think I saved around $30 each month. Was with Mercury. I increased coverages a little too. God forbid I actually have a claim.

  2. Tamra Compton

    I’m in Portland, OR. Quoted quotes with GEICO, American Family, and Eastwood for my 2015 Toyota 4Runner and I think I am saving around $60 each month.

  3. Modesta Whitfield

    I’m in Nashville, TN. Went online for free insurance quotes for a 2015 Toyota 4Runner. Ended up at about $380 savings annually. Went with Progressive. My new agent seems to be really good.

  4. Waldo Edwards

    I’m from Parkersburg, West Virginia. Can’t remember who all I quoted but I ended up saving about $70 each month. A clean driving record helps. Did it all online.

  5. Mariano Barker

    Proud to be from Overland Park, Kansas. Quoted with Allstate, Amica, Eastwood, and Liberty Mutual for my Toyota and I think I saved about $40 each month. Left Travelers to switch. Got better coverage too.

  6. Connie Mcdaniel

    I live west of Bellevue, NE. I quoted with 21st Century, Erie, and The General for my Toyota and I’m now saving $39 a month. I have a teen driver too. Not sure about claim service.

  7. Nolan Walter

    From northwest of Charleston, SC. I quoted with Auto-Owners, Nationwide, and some smaller one I can’t remember the name of for my Toyota and I think I saved about $30 each month.

  8. Timothy Waller

    From a town just southwest of Houston, Texas. Quoted a bunch of companies. Saved right around $20 a month. GEICO was the most affordable for me. Thankfully I have a good driving record.

  9. Maximo Cabrera

    I’ve bought from 21st Century forever. Cheapest rates in Bangor, ME.

  10. Porfirio Fulton

    Good detail in your article. Got a quote with Encompass for my 4Runner and cut my rates about $260 a year. Even increased my liability limits. It never hurts to quote around.

  11. Annamarie Burnett

    Cheap is relative. I’m in the west part of Omaha, NE. Don’t remember every company but I ended up saving about $50 each month. Still almost need a second mortgage.

  12. Kyle Chavez

    I live in Cleveland, OH. I quoted with Travelers, Amica, The General, and Nationwide for my 4Runner and I think I saved about $40 each month. My new agent seems to be really good.