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Toyota Paseo Insurance Cost

Drivers have lots of options when finding cheaper insurance coverage on your Toyota vehicle. You can either buy through a local agent or shop online to compare rates from multiple insurance companies. Comparing auto insurance on the web is easy, plus you might just save a little.

Beginners to buying insurance may think purchasing affordable Paseo insurance is not very easy. Finding cheaper coverage prices isn't really that difficult. All you need to do is take the time to get quotes from different insurance companies. This can be done by comparing rates here.

Rates are determined by these things

Auto insurance rates paid to insure a Toyota Paseo can vary widely based upon several criteria. Including but not limited to:

  • The performance level of your Paseo
  • Any accidents you may have
  • Home and auto can earn discounts
  • How you use your vehicle
  • Mature drivers pay less
  • Whether you are married
  • Add-on coverages such as rental reimbursement
  • Claims drive up premiums
  • Having current coverage saves
  • Home ownership saves money

A final factor that can impact Paseo insurance cost is the model year. Newer models have a higher value in comparison to later models so repair costs are higher which can inflate annual premiums. On the flip side, new Toyota models may have a trim level with safety features like adaptive cruise control, sideview assist mirrors, dual-stage airbags, and a telematics system which can lower rates.

For you to have a better understanding of how much rates will be for your vehicle, select the year of your Paseo from the list below.

Liability car insurance

Liability insurance provides protection from damage or injury you incur to a person or their property. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so consider buying higher limits if possible.

Collision protection

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible to get cheaper Paseo insurance cost.

Comprehensive auto insurance

This pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by your Toyota Paseo comprehensive insurance. The maximum payout your auto insurance company will pay is the actual cash value, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Because many people only carry the minimum required liability limits, 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.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. PIP is not universally available and gives slightly broader coverage than med pay.

How Much are Toyota Paseo Insurance Rates?