View 2013 Toyota Sequoia Insurance Cost

Searching for better insurance coverage rates for your Toyota Sequoia? Scraping up a payment for overpriced Toyota Sequoia insurance can empty your bank account and make it hard to pay other bills. Comparing price quotes is a great way to tighten up your finances. With so many options, it can be hard to pick the cheapest car insurance company.

Locating the lowest cost car insurance coverage is easy if you know what you’re doing. If you have a policy now or are shopping for new coverage, you can use these tips to reduce the price you pay while maintaining coverages. Consumers only need an understanding of the tricks to compare price quotes online.

What determines your Toyota Sequoia insurance premium

It’s important that you understand the different types of things that go into determining the price you pay for car insurance. Having a good understanding of what impacts premium levels helps enable you to make changes that may reward you with better car insurance rates.

  • High crash test scores lower rates – Safer cars tend to have better insurance rates. These vehicles reduce injuries and better occupant protection means less money paid by your insurance company and more competitive rates for policyholders. If the Toyota Sequoia is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Never go without insurance – Allowing your car insurance policy to lapse is a sure-fire way to trigger a rate increase. Not only will you pay more, but not being able to provide proof of insurance will get you a steep fine or even jail time.You may then be required to file a SR-22 with your state motor vehicle department.
  • Special features that cut premiums – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.
  • Do you know your deductibles? – Deductibles for physical damage define the amount you are required to spend out-of-pocket before your car insurance pays a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims would be running into the backend of another car, vandalism, or theft. The more expense you’re willing to pay, the bigger discount you will receive on Sequoia insurance.
  • Are you male or female? – Statistics demonstrate women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. Women and men cause accidents at a similar rate, but the male of the species cause more damage. Men also tend to get more serious tickets such as DWI and reckless driving. Young males are several times more likely to be in an accident and therefore have the most expensive car insurance rates.
  • An active claims history can cost you – If you are a frequent claim filer, you can pretty much guarantee higher rates. Car insurance companies provide better rates to people who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of the large, substantial claims.
  • Rural vs Urban Areas – Choosing to live in a rural area is a positive aspect when it comes to car insurance. Lower population means fewer accidents. Drivers in populated areas have to deal with more traffic problems and longer commute times. More time on the road can result in more accidents.
  • Rates may be higher depending on your occupation – Occupations such as real estate brokers, business owners and accountants tend to have higher rates than average attributed to high stress and lots of time spent at work. On the flip side, occupations like pilots, athletes and the unemployed receive lower rates on Sequoia insurance.

Verify you’re getting all your discounts

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to cut the cost considerably. Some discounts apply automatically when you complete an application, but less common discounts must be manually applied before you get the savings. If you’re not getting every credit you qualify for, you are throwing money away.

  • Driver Safety – Successfully completing a defensive driving course could cut 5% off your bill and easily recoup the cost of the course.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
  • Safe Driver Discount – Safe drivers may save up to 50% more on Sequoia insurance than less cautious drivers.
  • Employee of Federal Government – Active or retired federal employment can save as much as 8% on Sequoia insurance with certain companies.
  • Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Auto/Life Discount – Companies who offer life insurance give a discount if you purchase life insurance.
  • Passive Restraints – Factory air bags may earn rate discounts of up to 25% or more.
  • Club Memberships – Belonging to a civic or occupational organization could trigger savings on car insurance on Sequoia insurance.
  • No Accidents – Claim-free drivers pay less compared to accident-prone drivers.

It’s important to understand that most credits do not apply to all coverage premiums. The majority will only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears you could get a free car insurance policy, it doesn’t quite work that way. But any discount will cut your overall premium however.

Companies that possibly offer these money-saving discounts include:

Before buying, ask each insurance company how you can save money. Some discounts may not apply in your state.

Can you really save $478 a year?

Drivers can’t get away from ads for car insurance savings by Progressive, GEICO, Allstate and State Farm. They all seem to make the same claim that you can save if you switch to their company.

How can each company say the same thing? It’s all in the numbers.

Different companies have a certain “appetite” for the driver that earns them a profit. An example of a profitable customer might be profiled as between the ages of 40 and 55, owns a home, and drives newer vehicles. A customer getting a price quote who meets those qualifications will get the preferred rates and most likely will save when switching.

Potential insureds who don’t meet the requirements will have to pay higher rates and ends up with the driver buying from a lower-cost company. The ads say “drivers who switch” not “people who quote” save that kind of money. That’s why companies can truthfully state the savings.

Because of the profiling, it’s extremely important to get a wide range of price quotes. It’s impossible to know the company that will provide you with the cheapest Toyota Sequoia insurance rates.

When should I talk to an agent?

When it comes to choosing coverage for your vehicles, there really is no best way to insure your cars. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions might help in determining whether your personal situation might need an agent’s assistance.

  • Am I insured when driving a different vehicle?
  • What are the financial responsibility laws in my state?
  • When should I not file a claim?
  • Does insurance cover damages from a DUI accident?
  • What if I total my 2013 Toyota Sequoia and owe more than it’s worth?
  • How much liability coverage do I need in my state?
  • Is motorclub coverage worth it?
  • Who is covered by my policy?
  • Will my rates increase for filing one claim?
  • Do I have coverage if my license is suspended?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Insurance policy specifics

Knowing the specifics of insurance can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Liability insurance

This coverage protects you from damage that occurs to a person or their property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like loss of income, funeral expenses and attorney fees. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for bills such as X-ray expenses, surgery, doctor visits and funeral costs. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision protection

This coverage pays for damage to your Sequoia caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like driving through your garage door, colliding with another moving vehicle, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive insurance

This covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, rock chips in glass and fire damage. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Have money to burn

Throughout this article, we presented many tips how you can save on 2013 Toyota Sequoia insurance. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. You may be surprised to find that the best price on insurance is with some of the lesser-known companies. Smaller companies often have lower prices on specific markets compared to the large companies like Allstate or State Farm.

As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. In many instances, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy the best coverage you can find at the best price, not the least amount of coverage.

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