2011 Toyota Land Cruiser Insurance Rates

I can’t think of a single person who looks forward to buying insurance coverage, especially knowing their premiums are too high.

Because there are so many companies to choose from, it is very difficult to choose the right insurer.

It’s smart to price shop coverage at least once a year since rates tend to go up over time. Even if you think you had the lowest price for Land Cruiser insurance two years ago other companies may now be cheaper. There is too much inaccurate information about insurance coverage online, so by reading this article, you’re going to learn some great ideas on how to find affordable insurance coverage.

Don’t overlook these discounts

Companies do not list every available discount in a way that’s easy to find, so we researched some of the best known and the harder-to-find insurance savings.

  • Passive Restraints – Factory air bags and/or automatic seat belt systems may earn rate discounts of 20% or more.
  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for a discount up to 10% for Land Cruiser insurance.
  • New Car Discount – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • Low Mileage Discounts – Low mileage vehicles can earn better rates on cars that stay parked.

It’s important to understand that most discount credits are not given to the overall cost of the policy. Most only reduce the cost of specific coverages such as medical payments or collision. Just because it seems like all the discounts add up to a free policy, insurance companies aren’t that generous.

Car insurance companies that possibly offer some of the above discounts are:

Check with every prospective company which discounts you may be entitled to. Discounts might not be offered in your state.

Is my situation unique?

When choosing proper insurance coverage, there really is not a cookie cutter policy. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that may help highlight whether or not you will benefit from professional help.

  • Am I missing any policy discounts?
  • Should I buy more coverage than the required minimum liability coverage?
  • Should I have a commercial auto policy?
  • When should I remove comp and collision on my 2011 Toyota Land Cruiser?
  • Is a blown tire covered by insurance?
  • Why do I only qualify for high-risk insurance?
  • Why is insurance for a teen driver so high?
  • Does liability extend to a camper or trailer?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need added coverage for expensive stereo equipment?

If it’s difficult to answer those questions then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Insurance specifics

Understanding the coverages of your insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are the normal coverages found on most insurance policies.

Comprehensive coverages

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, falling objects, a broken windshield and hitting a bird. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for short-term medical expenses for things like ambulance fees, funeral costs, hospital visits and doctor visits. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Liability insurance

Liability coverage will cover damage or injury you incur to other’s property or people that is your fault. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims like loss of income, bail bonds, medical services, pain and suffering and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2011 Toyota Land Cruiser.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a mailbox, colliding with a tree, backing into a parked car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

In the end, you save

As you restructure your insurance plan, you should never reduce coverage to reduce premium. There are too many instances where an insured cut liability limits or collision coverage only to regret at claim time they didn’t purchase enough coverage. The proper strategy is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

We covered a lot of techniques to reduce 2011 Toyota Land Cruiser insurance prices online. The most important thing to understand is the more quotes you get, the higher the chance of saving money. Drivers may discover the biggest savings come from a small local company. They may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate or State Farm.

Other resources