Would you like to stop wasting money and find more affordable Toyota Tacoma insurance in Scottsdale? Did a good deal turn out to be an expensive auto insurance policy? You’re preaching to the choir because many Scottsdale drivers feel the same as you.
It’s an obvious statement that insurance companies don’t want you quoting rates from other companies. Insureds who shop around for cheaper rates are inclined to move their business because there is a significant possibility of finding more affordable rates. A study showed that consumers who compared rates once a year saved approximately $850 each year compared to other drivers who never shopped around for lower prices.
If finding budget-friendly insurance in Scottsdale is your ultimate target, understanding the best way to shop and compare coverages can help you be more efficient.
Numerous insurers battle to insure your vehicles, and it can be difficult to compare rates and uncover the absolute best rate on Toyota Tacoma insurance in Scottsdale.
The fastest way that we advise to compare car insurance rates for Toyota Tacoma insurance in Scottsdale takes advantage of the fact most larger insurance companies pay for the opportunity to give free rates quotes. All you need to do is provide the companies a bit of rating information like how much school you completed, types of safety features, whether you have decent credit, and your job. Those rating factors gets sent immediately to all major companies and you will receive price estimates immediately.
To compare multiple company affordable Toyota Tacoma insurance rates now, click here and complete the form.
The car insurance companies shown below are ready to provide free quotes in Scottsdale, AZ. If your goal is to find cheap car insurance in Arizona, it’s a good idea that you click on several of them to get the best price comparison.
Auto insurance is not optional but you don’t have to overpay
Despite the fact that auto insurance is not cheap in Scottsdale, paying for auto insurance is most likely required but also gives you several important benefits.
First, just about all states have minimum liability requirements which means you are required to carry specific minimum amounts of liability protection in order to be legal. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your vehicle with a loan, almost every bank will make it a condition of the loan that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender may insure your Toyota at a significantly higher premium and require you to reimburse them the higher premium.
Third, auto insurance preserves not only your vehicle but also your financial assets. Insurance will pay for most medical and hospital costs incurred in an accident. Liability coverage also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.
The benefits of buying enough insurance outweigh the cost, especially if you ever need it. As of last year, the average driver in Arizona is wasting up to $820 a year so it’s recommended you shop around every year to be sure current rates are still competitive.
Facts and figures for Toyota Tacoma insurance
The coverage table shown below highlights detailed analysis of insurance coverage prices for Toyota Tacoma models. Understanding how insurance policy rates are established can be valuable when making smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tacoma Double Cab 4WD||$130||$226||$308||$18||$92||$774||$65|
|Tacoma X-Runner 2WD||$130||$266||$308||$18||$92||$814||$68|
|Tacoma Double Cab 4WD||$148||$226||$308||$18||$92||$792||$66|
|Tacoma Double Cab TRD Off-Road Package 4WD||$148||$226||$308||$18||$92||$792||$66|
|Tacoma Double Cab TRD Sport Package 4WD||$148||$226||$308||$18||$92||$792||$66|
|Get Your Own Custom Quote Go|
Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Rate quotes do not factor in specific garaging location which can lower or raise prices noticeably.
Do you need full coverage?
The example below visualizes the comparison of Toyota Tacoma yearly insurance costs with and without full coverage. The costs are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single status, and no other discounts are factored in.
When to stop buying comprehensive and collision coverage
There is no set rule to stop paying for physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than about 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
For example, let’s say your Toyota Tacoma replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying your deductible. If premium cost is more than $800 annually to have full coverage, then it may be the right time to buy liability only.
There are some scenarios where dropping full coverage is not recommended. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
These discounts can cut Toyota Tacoma insurance rates
Car insurance companies do not advertise every discount they offer very well, so the list below contains some of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy Scottsdale auto insurance online.
- Discounts for Multiple Vehicles – Buying a policy with all your vehicles on a single policy can get a discount for every vehicle.
- Distant College Student Discount – Children who live away from home at college and won’t have access to an insured vehicle can be insured at a reduced rate.
- Clubs and Organizations – Affiliation with certain professional organizations is a good way to get lower rates on car insurance.
- Good Students Pay Less – Being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students up until you turn 25.
- Life Insurance Discount – Larger insurance carriers have lower premium rates if you buy some life insurance too.
- Anti-lock Brake System – Cars with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
- Discount for Multiple Policies – When you have multiple policies and insure them with the same company you could get a discount of as much as 10 to 15 percent.
- 55 and Retired – Drivers over the age of 55 may be able to get lower premium rates.
- Low Miles Discount – Keeping the miles down on your Toyota may allow you to get substantially lower car insurance rates.
- Telematics Devices – Drivers who elect to allow their insurance company to monitor their driving habits by using a telematics device like Allstate’s Drivewise may get a rate reduction if they exhibit good driving behavior.
Policy discounts save money, but some credits don’t apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, it just doesn’t work that way.
The illustration below illustrates the difference between Toyota Tacoma yearly insurance costs with and without discounts applied to the policy premium. The rate quotes are based on a male driver, no violations or claims, Arizona state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, multi-car, marriage, claim-free, and safe-driver discounts applied.
A few of the larger companies and a partial list of their discounts are included below.
- Farm Bureau has discounts for driver training, 55 and retired, good student, multi-vehicle, and safe driver.
- State Farm offers discounts including accident-free, defensive driving training, multiple autos, good driver, driver’s education, and Drive Safe & Save.
- Progressive offers premium reductions for online signing, online quote discount, good student, multi-vehicle, continuous coverage, multi-policy, and homeowner.
- Allstate includes discounts for EZ pay plan discount, 55 and retired, premier discount, eSmart discount, economy car, new car, and teenSMART discount.
- Nationwide may offer discounts for accident-free, anti-theft, defensive driving, business or organization, and family plan.
- MetLife policyholders can earn discounts including good driver, good student, defensive driver, accident-free, claim-free, and multi-policy.
Before buying, ask all the companies which credits you are entitled to. Savings may not be offered in every state. For a list of providers with the best discounts in Arizona, follow this link.
Car insurance is unique, just like you
When it comes to insurance from an agent or online, there really is not a cookie cutter policy. Each situation is unique so your insurance should reflect that
Here are some questions about coverages that may help highlight if your insurance needs might need an agent’s assistance.
- Is my cargo covered for damage or theft?
- I don’t drive much so do I pay less?
- Am I covered by my spouse’s policy after a separation?
- Can my teen drive my company car?
- Can I make deliveries for my home business?
- Does my policy cover me if I wreck while driving under the influence?
- Should I waive the damage coverage when renting a car?
- Do I need PIP (personal injury protection) coverage in Arizona?
- Can I get by with minimal medical coverage if I have good health insurance?
- If my pet gets injured in an accident are they covered?
If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.