2014 Toyota Venza Insurance Quotes

Want better insurance rates? Drivers have a choice when trying to find affordable Toyota Venza insurance. They can either waste time calling around getting price quotes or use the internet to compare rates. There is a better way to shop for insurance and you need to know the proper way to get price quotes on a Toyota and find the best price possible from local insurance agents and online providers.

The best way to compare rates takes advantage of the fact car insurance companies have advanced systems to give free rates quotes. The only thing you need to do is give them rating details such as if you’re married, deductibles desired, if a SR-22 is needed, and if you went to college. That rating data is instantly submitted to multiple different insurance companies and they return rate quotes immediately.

How to reduce Toyota Venza insurance rates

Companies that sell car insurance don’t always publicize every available discount very clearly, so we took the time to find some of the more common and the harder-to-find discounts you could be receiving. If you’re not getting every credit available, you’re paying more than you need to.

  • Club Memberships – Being a member of a qualifying organization is a good way to get lower rates when buying auto insurance on Venza insurance.
  • Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
  • Air Bag Discount – Factory air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Safety Course Discount – Taking part in a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Multi-car Discount – Having more than one vehicle with the same company can get a discount on all vehicles.
  • Paperless Signup – A handful of insurance companies will give a small break just for signing your application over the internet.
  • Low Mileage Discounts – Low mileage vehicles can earn discounted rates on garaged vehicles.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. A few only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way.

Insurance companies that may have some of the above discounts may include but are not limited to:

Double check with each insurance company which discounts you may be entitled to. Savings may not be available in every state.

Tailor your coverage to you

When it comes to buying adequate coverage for your personal vehicles, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s.

For example, these questions can help discover whether or not you would benefit from an agent’s advice.

  • Can my teen drive my company car?
  • Do I really need UM/UIM coverage?
  • Am I covered when driving on a suspended license?
  • Can I drive in Mexico and have coverage?
  • How much liability do I need to cover my assets?
  • Am I covered when delivering products for my home-based business?
  • Is my cargo covered for damage or theft?
  • What if I total my 2014 Toyota Venza and owe more than it’s worth?
  • When should I buy a commercial auto policy?
  • Do I need PIP (personal injury protection) coverage in my state?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form. It is quick, free and you can get the answers you need.

Toyota Venza premiums are determined by many factors

Smart consumers have a good feel for the factors that play a part in calculating the price you pay for car insurance. Knowing what impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

Shown below are a few of the “ingredients” car insurance companies consider when setting prices.

  • Where you live can impact rates – Residing in a rural area can save you money when talking about car insurance. Fewer drivers means fewer accidents and a lower car theft rate. City drivers have traffic congestion and longer commute times. More time commuting means higher likelihood of an accident.
  • Drive less and save money – The more you drive in a year the higher your rates will be. The majority of insurers price each vehicle’s coverage based upon how you use the vehicle. Vehicles left parked in the garage receive lower rates than vehicles that are driven to work every day. Improper usage on your Venza may be costing you. Make sure your car insurance policy is showing the correct driver usage, because improper ratings can cost you money.
  • An active claims history can cost you – If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Auto insurance companies award lower rates to people who are claim-free. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
  • Safer cars cost less to insure – Cars with high safety ratings tend to have better insurance rates. Safer cars have better occupant injury protection and fewer injuries means lower claim amounts passed on to you as lower rates. If your Toyota Venza scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • A clean driving record saves money – Your driving record has a big impact on rates. Drivers who don’t get tickets tend to pay less for car insurance than people who have multiple driving citations. Even a single speeding ticket can bump up the cost forty percent or more. Drivers who get severe violations like DUI or reckless driving may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to drive a vehicle legally.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle with anti-theft technology or alarm system can help lower your rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
  • Discounts for multiple policies – Most companies provide better rates to people who buy several policies from them. It’s known as a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. If you currently are using one company, you may still want to shop around to ensure the best deal.
  • Don’t let your coverage lapse – Allowing your car insurance policy to lapse will be a fast way to bump up your car insurance costs. And not only will your rates increase, getting caught without coverage may earn you a revoked license or a big fine.

Do auto insurance companies bend the truth?

Consumers get pounded daily by advertisements for cheaper car insurance by Progressive, Allstate and Geico. They all have a common claim about savings after switching to their company.

How does each company claim to save you money? It’s all in the numbers.

All companies can use profiling for the type of driver that is profitable for them. A good example of a profitable customer could possibly be between the ages of 30 and 50, a clean driving record, and has great credit. A customer that hits that “sweet spot” is entitled to the best price and most likely will pay quite a bit less when switching companies.

Drivers who don’t meet these standards will be quoted higher prices and this can result in the driver buying from a lower-cost company. The ads state “customers that switch” not “everyone that quotes” save that much. That’s the way companies can truthfully make the claims of big savings. This emphasizes why drivers should compare many company’s rates. Because you never know which insurance companies will give you the biggest savings on Toyota Venza insurance.

Car insurance coverage specifics

Understanding the coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Auto liability

Liability insurance provides protection from damages or injuries you inflict on people or other property. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage pays for things such as loss of income, funeral expenses and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.

Auto collision coverage

Collision coverage pays for damage to your Venza caused by collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like crashing into a building, backing into a parked car, sideswiping another vehicle and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Toyota Venza.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for expenses for things like X-ray expenses, dental work, nursing services, EMT expenses and pain medications. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, hitting a bird, fire damage, rock chips in glass and a broken windshield. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Have the Midas touch

When buying insurance coverage, make sure you don’t reduce coverage to reduce premium. There are a lot of situations where an insured dropped comprehensive coverage or liability limits only to regret at claim time that the savings was not a smart move. Your strategy should be to buy the best coverage you can find at an affordable rate.

We just showed you a lot of ways to save on 2014 Toyota Venza insurance. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. You may even find the best price on insurance is with the smaller companies.

Cost effective insurance can be found both online as well as from independent agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies don’t offer online price quotes and many times these small, regional companies only sell through independent insurance agents.

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