Compare 1998 Toyota Sienna Insurance Quotes

Want cheaper insurance rates for your Toyota Sienna? Using the web to shop for insurance can seem like an uphill battle if you have never used online rate quotes. But don’t be discouraged because online price shopping is actually quite simple.

It’s a good habit to price shop coverage quite often because rates tend to go up over time. Even if you got the best price on Sienna coverage a few years ago you will most likely find a better rate today. Ignore everything you know about insurance because you’re about to learn how to use online quotes to find the best coverage while lowering your premiums.

If you are paying for car insurance now, you should be able to cut costs considerably using these tips. Pricing the best coverage is quite easy. But drivers do need to know how companies price online insurance and use this information to your advantage.

Take discounts and save

Insurance can cost an arm and a leg, but you can get discounts to cut the cost considerably. Some discounts apply automatically at quote time, but some must be asked for prior to receiving the credit.

  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Defensive Driving Course – Taking part in a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
  • Save over 55 – Older drivers can possibly qualify for a discount up to 10% on Sienna coverage.
  • Drivers Education – Require your teen driver to successfully complete driver’s ed class in high school.
  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Discount for New Cars – Insuring a new car can cost up to 25% less due to better safety requirements for new cars.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy can get a discount on all vehicles.
  • Payment Method – If paying your policy premium upfront instead of paying each month you may reduce your total bill.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. Some only apply to specific coverage prices like medical payments or collision. Just because you may think you would end up receiving a 100% discount, you’re out of luck. Any qualifying discounts will reduce your premiums.

To see a list of insurers who offer insurance discounts, click here to view.

Factors that can influence insurance rates for a Toyota Sienna

Smart consumers have a good feel for the different types of things that go into determining the rates you pay for insurance coverage. Knowing what determines base rates allows you to make educated decisions that may reward you with big savings.

  • Liability insurance protects assets – The liability section of your policy is the protection if you are found to be at fault for personal injury or accident damage. Liability provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Mature drivers pay less – Youthful drivers tend to be more careless when behind the wheel so insurance coverage rates are higher. Older insureds are viewed as being more responsible, statistically cause fewer accidents and get fewer tickets.
  • More miles equals more premium – The higher the mileage driven in a year the more you’ll pay to insure your vehicle. Most insurance companies apply a rate based on how the vehicle is used. Vehicles left parked in the garage get more affordable rates than vehicles that are driven to work every day. Make sure your insurance coverage declarations sheet is showing the correct usage for each vehicle. Incorrect usage on your Sienna can result in significantly higher rates.
  • Better credit means lower rates – Having a bad credit score is a large factor in calculating your insurance coverage rates. If your credit rating is lower than you’d like, you could be paying less to insure your 1998 Toyota Sienna by repairing your credit. Consumers who have excellent credit tend to be less risk to insure as compared to drivers with poor credit.
  • A clean driving record saves money – Good drivers tend to pay less for car insurance compared to drivers with tickets. Even one speeding ticket can increase rates twenty percent or more. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.

Which policy gives me the best coverage?

When it comes to buying proper insurance coverage, there is no “perfect” insurance plan. Every situation is different.

Here are some questions about coverages that might help in determining if your situation will benefit from professional help.

  • Is my cargo covered for damage or theft?
  • How does medical payments coverage work?
  • What is medical payments coverage?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Do I need an umbrella policy?
  • I don’t drive much so do I pay less?
  • Am I covered when driving someone else’s vehicle?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form.

Is there truth in advertising?

Companies like Progressive, Allstate and Geico consistently run ads in print and on television. All the ads say the same thing that you can save if you change to their company. How does each company claim to save you money?

Insurance companies can use profiling for the driver they prefer to insure. For instance, a desirable insured might be between 25 and 40, a clean driving record, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile is entitled to the best price and is almost guaranteed to cut their rates substantially.

Drivers who don’t measure up to these standards will have to pay a more expensive rate and ends up with the customer not buying. The ads say “customers who switch” but not “drivers who get quotes” save money. That’s the way insurance companies can confidently claim big savings.

Because of the profiling, you absolutely need to compare many company’s rates. Because you never know which company will have the lowest Toyota Sienna insurance rates.

Insurance specifics

Understanding the coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Collision insurance

This coverage will pay to fix damage to your Sienna resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with another moving vehicle, scraping a guard rail, backing into a parked car, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like theft, fire damage and falling objects. The most a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability car insurance

This coverage can cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as attorney fees, emergency aid, repair bills for other people’s vehicles and loss of income. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for medical expenses

Med pay and PIP coverage pay for short-term medical expenses for things like funeral costs, hospital visits and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Buy online or local, you save

We just presented some good ideas how you can save on 1998 Toyota Sienna insurance. It’s most important to understand that the more rate quotes you have, the higher the chance of saving money. You may even find the lowest rates come from a small mutual company.

The cheapest insurance can be purchased online in addition to many insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

As you restructure your insurance plan, it’s not a good idea to sacrifice coverage to reduce premiums. In many instances, an accident victim reduced physical damage coverage to discover at claim time that it was a big error on their part. Your aim should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

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