Cheap 2018 Toyota Tacoma Insurance Quotes

Looking for cheaper car insurance rates for your Toyota Tacoma? Nobody that owns a car likes buying car insurance, especially when the prices are way too high.

Companies like Progressive, Geico and Farmers Insurance all claim big savings, bombarding you with TV and radio ads and it is difficult to ignore the promise of big savings and find the best price available.

Get lower rates by applying discounts

Not many people think insurance is cheap, but there’s a good chance there are discounts to reduce the price significantly. Some trigger automatically when you complete an application, but some discounts are required to be requested specifically in order for you to get them. If you check and find you aren’t receiving every discount possible, you could be getting lower rates.

  • Defensive Driving Course – Taking a safe driver course could possibly earn you a 5% discount depending on where you live.
  • Good Student Discount – This discount may save you up to 25%. You can use this discount normally well after school through age 25.
  • Active Military Service – Having a deployed family member could qualify you for better rates.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to wear their seat belts can save up to 15% off the personal injury premium cost.
  • No Charge for an Accident – but companies like Liberty Mutual and Geico may permit one accident without the usual rate increase so long as you haven’t had any claims for a specific time period.
  • Student Driver Training – Require your teen driver to enroll in driver’s education in school or through a local driver safety program.
  • Online Discount – Some of the larger companies will provide an incentive for buying your policy on your computer.
  • Early Switch Discount – A few auto insurance companies offer discounts for buying a policy prior to your current policy expiration. It can save you around 10%.

It’s important to understand that some credits don’t apply to the entire cost. Most only cut specific coverage prices like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, auto insurance companies aren’t that generous. But all discounts will help lower the amount you pay for coverage.

Larger auto insurance companies and some of the discounts are shown below.

  • Geico includes discounts for daytime running lights, five-year accident-free, anti-theft, membership and employees, and air bags.
  • USAA may have discounts that include military installation, safe driver, multi-policy, defensive driver, and family discount.
  • Progressive has savings for homeowner, online quote discount, online signing, multi-policy, good student, and multi-vehicle.
  • American Family offers premium reductions for multi-vehicle, TimeAway discount, early bird, good driver, accident-free, and good student.
  • Esurance discounts include renters, multi-car, Pac-12 alumni, anti-theft, online quote, safety device, and claim free.
  • Farmers Insurance policyholders can earn discounts including homeowner, youthful driver, mature driver, good student, and business and professional.
  • State Farm may offer discounts for defensive driving training, passive restraint, good driver, multiple policy, anti-theft, driver’s education, and accident-free.

Before you buy a policy, ask all the companies how you can save money. All car insurance discounts might not apply in your area. If you would like to choose from a list of insurers with significant discounts, follow this link.

Your insurance coverage should be tailored to you

When buying the best insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. These are some specific questions could help you determine if your insurance needs could use an agent’s help.

  • Is rental equipment covered for theft or damage?
  • Will my insurance pay for OEM parts?
  • Do I need motorclub coverage?
  • Do I need PIP coverage since I have good health insurance?
  • Is upholstery damage covered by car insurance?
  • Is business property covered if stolen from my car?
  • If my 2018 Toyota Tacoma is totaled, can I afford another vehicle?
  • Do I need replacement cost coverage?
  • Can I make deliveries for my home business?
  • Should I drop comprehensive coverage on older vehicles?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Do drivers who switch really save?

Auto insurance providers like Progressive, Allstate and Geico endlessly run television, radio, and online ads. All the ads advertise the message that people will save just by switching your policy. How can each company give you a better price? Just pay attention to how they say it.

Many companies have specific criteria for the type of customer they prefer to insure. For example, a driver they prefer could possibly be between the ages of 30 and 45, has few claims, and drives a lower-performance vehicle. Someone who fits those characteristics will get the preferred prices and most likely will save quite a bit of money when switching.

Potential insureds who cannot meet these standards will have to pay higher rates with the end result being business going elsewhere. If you pay attention, the ads say “people that switch” not “everyone who quotes” save that much money. That is how insurance companies can confidently lure you into getting a quote.

This really drives home the point why you need to compare many company’s car insurance rates. It is impossible to guess with any certainty which company will fit you best based on your risk profile.

What insurance coverages do you need?

Having a good grasp of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. These are typical coverage types available from insurance companies.

Coverage for liability

This coverage protects you from injuries or damage you cause to people or other property that is your fault. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for claims like repair bills for other people’s vehicles, repair costs for stationary objects, funeral expenses, pain and suffering and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage

This pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with a tree, sideswiping another vehicle, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as vandalism, damage from flooding, fire damage, hitting a deer and theft. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Toyota Tacoma.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are set the same as your liablity limits.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for expenses for ambulance fees, dental work, hospital visits, surgery and nursing services. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

At the end of the day…

Budget-conscious 2018 Toyota Tacoma insurance can be sourced both online and from local insurance agents, and you should be comparing both so you have a total pricing picture. Some car insurance companies don’t offer rates over the internet and most of the time these smaller companies sell through independent insurance agencies.

As you prepare to switch companies, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped collision coverage only to find out that it was a big error on their part. Your objective should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Much more information about car insurance can be found on the following sites:

Comments About 2018 Toyota Tacoma Insurance

  1. Muoi Garcia

    I got quite a few price quotes for a 2018 Toyota Tacoma in Cincinnati, OH. Ended up at roughly $290 every six months with Amica. Even increased coverage a bit. Highly recommended.

  2. Krista Hayes

    I live in Chesapeake, VA. Got prices from Progressive, The General, and Eastwood for my Tacoma and saved about $220 a year. Thankfully I’m not a high risk driver. I just quoted rates online.

  3. Lilly Hughes

    From a town just southwest of Jersey City, New Jersey. Got rates from State Farm, Auto-Owners, Erie, and Liberty Mutual for my Tacoma and saved $276 a year. Was with AIG Insurance.