Compare 2002 Toyota Land Cruiser Insurance Quotes

Trying to find the cheapest insurance coverage rates for your Toyota Land Cruiser? Saving money on insurance coverage can seem to be difficult for beginners to comparing rates online. People have so many companies to choose from that it can quickly become more work than you anticipated to find the best price.

If you currently have car insurance, you will most likely be able to cut costs considerably using these techniques. Finding the lowest cost coverage is not that difficult. But vehicle owners need to have an understanding of how insurance companies price insurance differently and use this information to your advantage.

Free Insurance Quotes

When shopping for insurance there are multiple ways of comparing rate quotes from different insurance companies. The recommended way to find the lowest 2002 Toyota Land Cruiser rates consists of obtaining rate quotes online. This can be accomplished in several different ways.

  1. The best way to get the best comparison quotes is to use a rate comparison form click to view form in new window. This form eliminates the need for multiple quote forms to each individual insurance company. One quote request will return quotes direct from many companies. Recommended for those who want to invest the least amount of time.
  2. A harder way to compare rate quotes requires a trip to the website for each individual company and fill out their own quote form. For examples sake, let’s say you want comparison quotes from Liberty Mutual, Progressive and American Family. You would have to spend time on each company’s site and enter your information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  3. The least efficient method of comparing rate quotes is to spend your day driving to different agent offices. Buying insurance online can eliminate the need for a local agent unless you prefer the personal advice that only a license agent can provide. You can, however, compare online quotes but buy from a local insurance agent and we’ll cover that in a bit.

Whichever method you choose, compare apples-to-apples coverage information with every price quote. If each company quotes differing limits it’s impossible to truly determine the lowest rate. Slightly different insurance coverages may cause a big price difference. And when comparing insurance rates, know that quoting more will increase your chances of finding the best rates.

Discounts are great for lower rates

Car insurance can cost a lot, but discounts can save money and there are some available to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but less common discounts must be specifically requested in order for you to get them.

  • Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less on Land Cruiser insurance than drivers with accidents.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks with the same company can get a discount on all vehicles.
  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for a discount up to 10% on Land Cruiser insurance.
  • Save with a New Car – Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Club Memberships – Being a member of a civic or occupational organization could trigger savings on insurance coverage on Land Cruiser insurance.
  • Theft Prevention System – Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
  • No Charge for an Accident – Certain companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
  • Early Signing – Some companies give discounts for buying a policy prior to your current policy expiring. This can save 10% or more.
  • Paperless Signup – A handful of insurance companies will give a small break for buying your policy digitally online.
  • Defensive Driving Course – Completing a course in driver safety can save you 5% or more if you qualify.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like you could get a free insurance coverage policy, companies don’t profit that way. Any qualifying discounts will bring down the amount you have to pay.

To see a list of providers with the best insurance coverage discounts, follow this link.

You may need specialized coverage

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Each situation is unique.

For example, these questions may help highlight whether your personal situation may require specific advice.

  • Can I make deliveries for my home business?
  • Is my teenager covered with friends in the car?
  • What can I do if my company won’t pay a claim?
  • Should I buy only the required minimum liability coverage?
  • What companies insure drivers after a DUI or DWI?
  • How high should my uninsured/underinsured coverage be in my state?
  • What is covered by UM/UIM coverage?
  • Do I pay less for low miles?

If it’s difficult to answer those 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, take a second and complete this form.

Factors that might impact rates for a Toyota Land Cruiser

An important part of buying insurance is that you know some of the elements that help determine the price you pay for auto insurance. Having a good understanding of what impacts premium levels allows you to make educated decisions that could result in much lower annual insurance costs.

  • How many coverages with the same company – Some insurance companies will give a discount to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can add up to 10 percent or more. Even if you’re getting this discount you still need to comparison shop to verify if the discount is saving money.
  • Increase deductibles and save – Coverage for physical damage, also known as collision and other-than-collision, protects your Toyota from damage. Some examples of claims that would be covered would be a windshield shattered by a rock, damage caused by hail, and burglary. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The more money the insured has to pay upfront, the lower your rates will be on Land Cruiser insurance.
  • The more you drive the more you pay – The higher the mileage driven every year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based upon how you use the vehicle. Autos not used for work or commuting receive lower rates than vehicles that are driven to work every day. Ask your agent if your auto insurance declarations sheet properly reflects the correct usage for each vehicle, because improper ratings can cost you money. Incorrect usage on your Land Cruiser may be wasting your money.
  • Do men or women drive better? – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. Men and women are in accidents in similar numbers, but the males cause more damage. They also receive more costly citations like DUI and reckless driving. Youthful male drivers are several times more likely to be in an accident and therefore have the most expensive auto insurance rates.
  • Safer cars are cheaper to insure – Vehicles with good safety scores are cheaper to insure. Safer cars protect occupants better and fewer injuries translates into savings for insurance companies and more competitive rates for policyholders. If your Toyota Land Cruiser has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Better credit scores mean better rates – Credit history is a important factor in calculating your auto insurance rates. If your credit is not that good, you could potentially save money when insuring your 2002 Toyota Land Cruiser by improving your rating. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers who have lower credit scores.
  • Where you live – Choosing to live in less populated areas has it’s advantages when it comes to auto insurance. Drivers who live in large cities regularly have congested traffic and longer commutes to work. Fewer people means reduced accidents and a lower car theft rate.
  • Your stress level may be raising your rates – Did you know your auto insurance rates can be affected by your occupation? Occupations like judges, architects and dentists have the highest average rates attributed to high stress and long work hours. Other jobs such as farmers, historians and homemakers get better rates on Land Cruiser insurance.

Can you really save that much by switching?

State Farm, GEICO and Progressive constantly bombard you with ads in print and on television. All the companies make the same claim about savings if you switch your coverage to them. How does each company make almost identical claims? It’s all in the numbers.

Different companies are able to cherry pick for the type of driver they prefer to insure. For example, a desirable insured might be between the ages of 30 and 50, has no tickets, and drives less than 10,000 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and most likely will save when switching.

Drivers who do not match the requirements must pay higher rates which usually ends up with the driver buying from a lower-cost company. Company advertisements say “people who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully make those claims.

This illustrates why it’s extremely important to compare many company’s rates. It’s just too difficult to predict which company will fit your personal profile best.

Specific coverage details

Having a good grasp of insurance aids in choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Toyota Land Cruiser.

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 should not be overlooked. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for bills for X-ray expenses, pain medications and hospital visits. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible

Collision coverages – This will pay to fix damage to your Land Cruiser from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as backing into a parked car, scraping a guard rail, sustaining damage from a pot hole and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Auto liability – Liability insurance will cover damage that occurs to other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

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 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like court costs, funeral expenses, medical expenses and legal defense fees. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like theft, damage from getting keyed and hitting a deer. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Be a Smart Shopper

People leave their current company for a variety of reasons including an unsatisfactory settlement offer, delays in responding to claim requests, unfair underwriting practices and even questionable increases in premium. Regardless of your reason for switching companies, switching companies is less work than it seems.

As you shop your coverage around, do not skimp on critical coverages to save a buck or two. There are a lot of situations where an insured dropped collision coverage to discover at claim time that it was a big error on their part. Your aim should be to buy enough coverage for the lowest price while not skimping on critical coverages.

We covered many ways to reduce 2002 Toyota Land Cruiser insurance prices online. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the biggest savings come from some of the lesser-known companies.

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