Car Insurance Quotes for a Toyota Highlander in Irvine

It’s safe to assume that car insurance companies don’t want their customers to go rate shopping. Insureds who shop around for cheaper rates will probably switch to a new company because there is a great chance of finding a policy with better rates. A recent insurance study revealed that consumers who regularly compared price quotes saved about $865 a year compared to other drivers who never shopped for cheaper rates.

If finding the lowest rates on Toyota Highlander insurance is your goal, then learning a little about how to choose a company and compare auto insurance can make it easier for you to save money.

The best way we recommend to get the cheapest Toyota Highlander insurance is to do a yearly price comparison from insurance carriers who sell insurance in Irvine. You can compare rates by completing these steps.

• First, it will benefit you to learn about how auto insurance works and the modifications you can make to prevent rate increases. Many things that result in higher rates like at-fault accidents, speeding tickets, and a bad credit rating can be improved by making small lifestyle or driving habit changes. Later in this article we will cover more ideas to lower rates and earn a bigger discount.
• Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like GEICO or Farmers Insurance, while independent agencies can provide price quotes for a wide range of insurance providers.
• Third, compare the quotes to the premium of your current policy to see if cheaper Highlander coverage is available in Irvine. If you can save money and change companies, make sure coverage does not lapse between policies.

An essential thing to point out is that you use the same amount of coverage on each price quote and and to get rates from as many companies as possible. Doing this helps ensure an apples-to-apples comparison and the best price selection.

If you have coverage now or are looking for a new policy, follow these tips to reduce premiums without sacrificing coverage. Finding the cheapest auto insurance coverage in Irvine is not rocket science. Drivers just have to understand the best way to shop online.

All major auto insurance companies such as Progressive, GEICO, Allstate and State Farm make it easy to get price estimates from their websites. Comparing prices online for Toyota Highlander insurance in Irvine is possible for anyone as you simply type in the coverage amounts you desire into the form. After you submit the form their quoting system automatically orders information on your driving record and credit history and generates pricing information based on many factors. Being able to quote online for Toyota Highlander insurance in Irvine makes comparing rates easy, and it is important to have as many quotes as possible in order to find the most affordable premium.

If you want to get comparison pricing now, visit the companies below or click here to submit a quote request to multiple companies at once. If you have your current policy handy, we recommend you duplicate deductibles and limits identical to your current policy. Using the same limits helps guarantee you will have an apples-to-apples comparison using the exact same coverages.

The companies shown below are ready to provide free rate quotes in California. To locate the best cheap car insurance in Irvine, it’s highly recommended you visit two to three different companies to find the lowest auto insurance rates.

Car insurance statistics for a Toyota Highlander

The rate information shown below outlines estimates of coverage prices for Toyota Highlander models. Understanding how insurance rates are determined can be useful when making informed decisions when shopping around for a new policy.

Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can change prices significantly.

Can higher deductibles save money?

When comparing car insurance rates, the most common question is at what level do you set your deductibles. The comparison tables below can help show how much more rates are when you select higher and lower policy deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second set of rates uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium costs do not factor in specific location information which can increase or decrease premiums noticeably.

We can derive from the above data that using a $100 deductible costs roughly $32 more each month or $384 each year averaged for all Highlander models than opting for the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average more than 13 months between claims, you would come out ahead by selecting a higher deductible.

One important caveat is that a higher deductible results in a higher out-of-pocket expense when you have a claim. You will want to have enough extra money in the event you need to pay the higher deductible in order to repair your vehicle.

Toyota Highlander insurance premiums by gender and age

The information below shows the difference between Toyota Highlander insurance premiums for male and female drivers. The price estimates are based on a clean driving record, no at-fault accidents, full physical damage coverage, $1,000 deductibles, single status, and no other discounts are factored in.

How much more does full coverage cost in Irvine?

The information below illustrates the difference between Toyota Highlander insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume no claims or driving violations, $100 deductibles, single marital status, and no policy discounts are applied.

Guidelines for dropping full coverage

There is no definitive guideline that is best for determining when to drop comp and collision coverage, but there is a general convention. If the annual cost of having full coverage is about 10% or more of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s assume your Toyota Highlander claim settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would receive is $3,000 after paying the physical damage deductible. If it’s costing in excess of $300 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are some circumstances where buying only liability insurance is not a good idea. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not eliminate full coverage.

Auto insurance in California serves several purposes

Despite the high cost, maintaining insurance is required in California but it also protects you in many ways.

First, almost all states have minimum liability requirements which means the state requires a specific level of liability insurance coverage in order to drive the car. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if your Highlander has a lienholder, it’s guaranteed your bank will require you to have comprehensive coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank will be required to insure your Toyota for a much higher rate and force you to reimburse them much more than you were paying before.

Third, auto insurance protects both your car and your personal assets. Insurance will pay for all forms of medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of insuring your Highlander more than offset the price you pay, especially with large liability claims. On average, a vehicle owner in Irvine is overpaying over $825 a year so compare rates at least once a year to make sure the price is not too high.

Insurance coverages and their meanings

Understanding the coverages of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages offered by insurance companies.

Uninsured or underinsured coverage

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Highlander.

Because many people have only the minimum liability required by law (15/30/5), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Collision coverage protection

Collision insurance covers damage to your Highlander resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like colliding with a tree, crashing into a building and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible on your Highlander to get cheaper collision coverage.

Medical expense coverage

Med pay and PIP coverage reimburse you for expenses for things like doctor visits, prosthetic devices, nursing services, hospital visits and rehabilitation expenses. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability coverage can cover damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 15/30/5 that translate to $15,000 in coverage for each person’s injuries, a per accident bodily injury limit of $30,000, and $5,000 of coverage for damaged property.

Liability coverage pays for things like structural damage, medical services, legal defense fees and repair bills for other people’s vehicles. How much coverage you buy is your choice, but you should buy as much as you can afford. California requires minimum liability limits of 15/30/5 but it’s recommended drivers buy more coverage.

The illustration below demonstrates why buying low liability limits may not be enough.

Comprehensive protection

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like rock chips in glass, theft and a broken windshield. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Best car insurance company in California

Ending up with the highest-rated car insurance company is hard considering how many different companies there are to choose from in Irvine. The company information shown below may help you pick which car insurance providers you want to consider when looking for cheaper rates.

Top 10 Irvine Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. Travelers – A++
3. State Farm – A++
4. GEICO – A++
5. Esurance – A+
6. Nationwide – A+
7. Allstate – A+
8. Mercury Insurance – A+
9. Progressive – A+
10. Titan Insurance – A+

Top 10 Irvine Car Insurance Companies Ranked by Customer Service

1. AAA of Southern California
2. GEICO
3. State Farm
4. The Hartford
5. Mercury Insurance
6. The General
7. Progressive
8. Allstate
9. AAA Insurance
10. American Family