2000 Toyota 4Runner Insurance Rates – 9 Policy Discounts

Searching for better insurance coverage rates for your Toyota 4Runner? Having to pay for overpriced insurance coverage can drain your personal savings, especially in this economy. Doing a price comparison is a smart way to make sure you’re not throwing money away.

Big companies like State Farm, Farmers Insurance, GEICO and Allstate increase brand awareness with advertising and it is challenging if not impossible to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

Don’t miss out on these nine money-saving discounts

Companies don’t necessarily list every available discount very well, so we researched some of the more common and also the lesser-known savings tricks you should be using.

  • No Claims – Drivers who don’t have accidents can earn big discounts when compared with bad drivers.
  • Senior Citizens – If you’re over the age of 55, you may be able to get better insurance rates for 4Runner coverage.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy may reduce the rate for each vehicle.
  • New Vehicle Savings – Adding a new car to your policy is cheaper compared to insuring an older model.
  • Anti-theft Discount – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Use Seat Belts – Requiring all passengers to use a seat belt could save 15% off your medical payments premium.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
  • Drivers Ed for Students – Have your child take driver’s ed class in school.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts can receive discounts of up to 25% or more.

It’s important to note that many deductions do not apply to all coverage premiums. A few only apply to specific coverage prices like comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, you’re out of luck.

Insurance companies who might offer these money-saving discounts may include but are not limited to:

Double check with every prospective company which discounts you may be entitled to. Discounts may not apply in your area.

Do I need special coverages?

When it comes to buying the right insurance coverage, there really is not a best way to insure your cars. Each situation is unique so this has to be addressed. For instance, these questions may help you determine if your insurance needs would benefit from professional advice.

  • What is UM/UIM insurance?
  • Is upholstery damage covered by car insurance?
  • Am I covered if I hit a deer?
  • Do I have coverage for damage caused while driving under the influence?
  • Is business equipment covered while in my vehicle?
  • Is business property covered if stolen from my car?
  • What can I do if my company won’t pay a claim?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Is there truth in advertising?

Insurance providers like Progressive, Allstate and GEICO constantly bombard you with ads on TV and radio. They all make an identical promise of big savings if you switch to their company. How can each company claim to save you money?

All companies can use profiling for the driver they prefer to insure. For instance, a desirable insured could possibly be between the ages of 40 and 55, owns a home, and drives less than 7,500 miles a year. A driver who meets those qualifications will get the preferred rates and is almost guaranteed to save a lot of money.

Potential insureds who don’t measure up to the “perfect” profile must pay more money and this can result in the customer not buying. The ads say “customers who switch” not “everybody who quotes” save that much. That’s why insurance companies can confidently state the savings. This illustrates why it’s extremely important to get a wide range of price quotes. You cannot predict which insurance companies will have the lowest Toyota 4Runner insurance rates.

Specifics of your insurance policy

Knowing the specifics of your policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages available from insurance companies.

Auto liability – Liability insurance protects you from injuries or damage you cause to a person or their property that is your fault. 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 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability insurance covers claims such as medical expenses, loss of income and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy as large an amount as possible.

Comprehensive coverage – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from flooding, vandalism, hail damage, falling objects and hitting a deer. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision – Collision coverage covers damage to your 4Runner from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as colliding with a tree, scraping a guard rail, sustaining damage from a pot hole, hitting a parking meter and driving through your garage door. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Toyota 4Runner.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for surgery, prosthetic devices and nursing services. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Be a smart shopper

Budget-conscious 2000 Toyota 4Runner insurance can be bought online as well as from independent agents, and you should compare price quotes from both in order to have the best chance of saving money. There are still a few companies who don’t offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

You just learned a lot of tips how to compare insurance prices online. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. Consumers could even find that the best price on auto insurance is with a small mutual company. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate or State Farm.

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