Lower Your 2006 Toyota Tundra Insurance Quotes

Searching for cheaper insurance coverage rates for your Toyota Tundra? Nobody I know cherishes buying insurance coverage, in particular when they are paying too much. Insurance companies such as State Farm, Allstate, Geico and Progressive all claim big savings, bombarding you with catchy ads and consumers find it hard to sift through the bull and do the work needed to find the best deal.

If you have insurance now or are just looking to switch companies, you can learn to reduce the price you pay while maximizing coverage. Buying car insurance is not rocket science. Drivers just need to understand the best way to shop their coverage around online.

Comprehensive Insurance Comparison Quotes

Getting a lower price on 2006 Toyota Tundra insurance is not a difficult process. All that’s required is to take a couple of minutes to get quotes provided by online insurance companies. This can be done in just a few minutes using one of these methods.

  1. The fastest way to get quotes for comparison is a comparison rater form click to view form in new window. This method prevents you from having to do separate forms for every insurance company. In just a few minutes this one form will return quotes from multiple companies.
  2. A less efficient way to compare rate quotes consists of visiting the website for every company you want to comare to complete a price quote. For example, we’ll assume you want rates from Allstate, Esurance and State Farm. You would have to take the time to go to each site and enter your policy data, which is why the first method is quicker. To view a list of companies in your area, click here.
  3. The least recommended way to compare rates is to waste gas driving to different agent offices. The ability to buy insurance online makes this process obsolete unless you require the professional guidance of a local agent. Drivers can price shop online but still have the advice of a local agent. We’ll cover that shortly.

It’s your choice how you get your quotes, but compare identical coverage limits and deductibles for every company. If your comparisons have higher or lower deductibles then you won’t be able to truly determine the lowest rate.

Lower rates by qualifying for discounts

Insuring your vehicles can cost a lot, but companies offer discounts that many people don’t even know exist. Most are applied at the time you complete a quote, but a few must be specifically requested prior to getting the savings. If you’re not getting every credit you qualify for, you are throwing money away.

  • Theft Prevention Discount – Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
  • Good Student – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Paperwork-free – A few companies give back up to $50 for buying a policy and signing up online.
  • Distant Student – Children who live away from home and don’t have a car may qualify for this discount.
  • Safe Drivers – Safe drivers may save up to 50% more on Tundra insurance than less cautious drivers.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.
  • Low Mileage – Keeping the miles down on your Toyota could be rewarded with better rates on cars that stay parked.
  • Sign Early and Save – Some companies give discounts for buying a policy before your current policy expires. It can save you around 10%.
  • Safety Course Discount – Taking a driver safety course could possibly earn you a 5% discount depending on where you live.

A little note about advertised discounts, many deductions do not apply the the whole policy. Some only apply to individual premiums such as collision or personal injury protection. So despite the fact that it appears you would end up receiving a 100% discount, it doesn’t quite work that way. Any qualifying discounts will reduce your overall premium however.

To see a list of companies with the best insurance discounts, click here to view.

Car insurance is unique, just like you

When choosing coverage for your personal vehicles, there is no perfect coverage plan. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions could help you determine if you will benefit from professional help.

  • I have health insurance so do I need medical payments coverage?
  • Am I covered if hit by an uninsured driver?
  • If my 2006 Toyota Tundra is totaled, can I afford another vehicle?
  • Should I buy full coverage?
  • Should I buy more coverage than the required minimum liability coverage?
  • Am I covered if I hit my neighbor’s mailbox?
  • How much liability coverage do I need in my state?
  • How can I get my company to pay me more for my totalled car?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Factors that can influence insurance rates for a Toyota Tundra

It’s important that you understand the factors that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively influences your rates enables informed choices that may reward you with lower auto insurance prices.

  • Men pay higher rates – The statistics show women tend to be less risk to insure than men. However, don’t assume that women are better drivers. Both sexes have accidents in similar numbers, but the men cause more damage and cost insurance companies more money. Men also statistically have more aggressive citations such as DWI and reckless driving.
  • Older drivers pay less – Teenage drivers have a tendency to be more careless when driving so auto insurance rates are higher. Adding a teenage driver onto a policy can be very expensive. More mature drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations.
  • Policy add-ons can waste money – There are many additional coverages that you can buy on your auto insurance policy. Coverages like vanishing deductibles, towing coverage and motor club memberships may be costing you every month. These coverages may sound good initially, but if you don’t need them get rid of them and save.
  • Where you reside plays a part – Being located in small towns and rural areas can be a good thing when it comes to auto insurance. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims. Drivers who live in large cities have to deal with much more traffic to deal with and much longer commute distances. More time on the road translates into higher accident risk.
  • A clean driving record saves money – Whether or not you get tickets has a big impact on rates. Only having one speeding ticket can increase rates by twenty percent. Good drivers get better rates than their less careful counterparts. Drivers with dangerous tickets such as DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
  • Liability coverage protects you – The liability section of your policy is the protection when you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense starting from day one. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.
  • Better credit means lower rates – Having a bad credit rating is a big factor in calculating your auto insurance rates. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit scores. So if your credit score can use some improvement, you could be paying less to insure your 2006 Toyota Tundra by improving your credit score.

Don’t listen to company ads

Consumers constantly see and hear ads for cheaper car insurance from the likes of State Farm, Allstate and Geico. They all seem to say the same thing of big savings if you change your coverage to them.

But how can every company claim to save you money? It’s all in the numbers.

Insurance companies have a certain “appetite” for the type of customer they prefer to insure. A good example of a driver they prefer could be between the ages of 30 and 50, has no tickets, and has great credit. Any driver who meets those qualifications is entitled to the best price and is almost guaranteed to cut their rates substantially.

Potential customers who fall outside this ideal profile will have to pay more money and this can result in the customer not buying. The ads state “drivers who switch” not “people who quote” save that much. This is how insurance companies can advertise the way they do.

Because of the profiling, you need to quote coverage with many companies. It’s just too difficult to predict which insurance companies will provide you with the cheapest Toyota Tundra insurance rates.

Specific coverage details

Having a good grasp of your car insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on the average car insurance policy.

Liability car insurance

Liability insurance can cover damages or injuries you inflict on other people or property by causing an accident. It protects YOU against claims from other people. Liability 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. As an example, you may have limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as emergency aid, loss of income and medical services. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Auto collision coverage

Collision coverage covers damage to your Tundra from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like sideswiping another vehicle, rolling your car and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Toyota Tundra.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive coverage (or Other than Collision)

This covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as a broken windshield, damage from flooding, vandalism and rock chips in glass. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses such as ambulance fees, prosthetic devices and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Saving money makes a lot of cents

Throughout this article, we presented a lot of ways to lower your 2006 Toyota Tundra insurance rates. The key thing to remember is the more companies you get rates for, the better likelihood of reducing your rate. Consumers could even find that the best prices are with a lesser-known regional company. These companies may only write in your state and offer lower rates than their larger competitors like Progressive or Geico.

Cheap insurance can be sourced both online and also from your neighborhood agents, so compare prices from both in order to have the best chance of saving money. A few companies may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

More tips and info about insurance can be found in these articles: