How Much Does 1996 Toyota Tercel Insurance Cost?

Looking for the cheapest insurance coverage rates for your Toyota Tercel? Finding lower premiums on insurance coverage can be a challenge for consumers not familiar with comparison shopping online. You have so many choices that it can be a real hassle to locate the lowest price.

It is always a good idea to shop coverage around once or twice a year because prices are rarely the same from one policy term to another. Even if you got the best deal on Tercel insurance two years ago you can probably find a better price now. So forget anything you know (or think you know) about insurance coverage because we’re going to show you the things you must know in order to find better rates and still maintain coverage.

Why your Toyota Tercel might be costing you more

An important part of buying insurance is that you know the different types of things that help determine your auto insurance rates. When you know what positively or negatively influences your rates allows you to make educated decisions that could result in lower auto insurance prices.

  • Lower rates with optional equipment – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft.
  • Your location affects your rates – Residing in a small town can be a good thing when insuring your vehicles. Urban drivers have much more traffic and longer commute times. Lower population means fewer accidents.
  • High credit ratings translate to low rates – Having a bad credit rating is a huge factor in your rate calculation. Consumers who have high credit ratings tend to be less risk to insure than drivers with lower ratings. So if your credit can use some improvement, you could save money insuring your 1996 Toyota Tercel by spending a little time repairing your credit.
  • Protect yourself with liability coverage – Liability coverage is the protection if ever you are found liable for causing damage or personal injury in an accident. It provides for a legal defense starting from day one. This coverage is very inexpensive when compared with rates for comp and collision, so do not cut corners here.
  • Bump up deductibles to save – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Toyota from damage. A few examples of covered claims are running into the backend of another car, vandalism, or theft. The deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The more money you have to pay, the less your auto insurance will be on Tercel insurance.
  • Pleasure use or commuting – The higher the mileage driven each year the more you’ll pay to insure your vehicle. Almost all companies price each vehicle’s coverage based on how the vehicle is used. Autos not used for work or commuting receive lower rates than vehicles that are driven to work every day. Ask your agent if your auto insurance declarations sheet shows the correct usage for each vehicle, because improper ratings can cost you money. Incorrect usage on your Tercel may be wasting your money.
  • Never allow your policy to lapse – Driving without insurance can get your license suspended and you will pay a penalty because you let your coverage have a gap. Not only will rates go up, getting caught without coverage may earn you a hefty fine and possibly a revoked license.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.

The best way to get rate comparisons is to realize car insurance companies have advanced systems to give free rates quotes. To begin a comparison, all you need to do is take a few minutes to give details including if you have an active license, if you’re married, the ages of drivers, and if it has an anti-theft system. Those rating factors gets sent immediately to insurance carriers in your area and they return rate quotes with very little delay.

To start a quote now, click here and enter your coverage details.

Is there truth in advertising?

Insurance coverage providers like State Farm, GEICO and Progressive regularly use ads on TV and radio. They all say the same thing of big savings if you move to their company. But how can every company claim to save you money?

Different companies are able to cherry pick for the type of customer they prefer to insure. For instance, a driver they prefer might be profiled as a mature driver, has no driving citations, and has excellent credit. A driver who meets those qualifications will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.

Consumers who don’t measure up to this ideal profile must pay a more expensive rate and ends up with business going elsewhere. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That is how insurance companies can claim big savings. This illustrates why drivers should get as many quotes as possible. It is impossible to predict which company will provide you with the cheapest Toyota Tercel insurance rates.

Discounts are available to cut your rates

Companies offering auto insurance don’t always list all their discounts very well, so the following is a list of some of the best known and also the lesser-known insurance coverage savings.

  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you will save 10% to 20% off each policy.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% on Tercel insurance depending on your company.
  • Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
  • Theft Prevention Discount – Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.
  • Accident Free – Good drivers with no accidents pay much less compared to frequent claim filers.
  • Club Memberships – Being a member of a civic or occupational organization is a good way to get lower rates when shopping for insurance coverage on Tercel insurance.
  • Accident Waiver – Certain companies will forgive one accident before raising your premiums if your claims history is clear for a certain period of time.
  • Senior Citizens – If you’re over the age of 55, you may receive a discount up to 10% on Tercel insurance.
  • Safe Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Tercel insurance than less cautious drivers.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as comprehensive or collision. Just because you may think you can get free auto insurance, companies don’t profit that way.

For a list of providers offering insurance coverage discounts, click here to view.

Everyone needs different coverages

When choosing the best insurance coverage coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s needs are different.

These are some specific questions could help you determine if your situation would benefit from professional advice.

  • What is PIP insurance?
  • What should my uninsured motorist coverage limits be in my state?
  • Can my teen driver be rated on a liability-only vehicle?
  • Should I drop comprehensive coverage on older vehicles?
  • Do I have any recourse if my insurance company denies a claim?
  • Am I covered if I hit a deer?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • When should I remove comp and collision on my 1996 Toyota Tercel?
  • Am I covered if I hit my neighbor’s mailbox?
  • What is roadside assistance coverage?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance coverage specifics

Having a good grasp of your policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Coverage for collisions

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as sideswiping another vehicle, scraping a guard rail, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.

Comprehensive coverage

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a deer, a tree branch falling on your vehicle, vandalism, damage from a tornado or hurricane and rock chips in glass. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability insurance

This coverage provides protection from damages or injuries you inflict on a person or their property in an accident. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against things such as structural damage, funeral expenses, legal defense fees and court costs. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Toyota Tercel.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for nursing services, ambulance fees, chiropractic care, funeral costs and EMT expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Best coverage at the best price

We’ve covered a lot of tips how to reduce 1996 Toyota Tercel insurance prices online. The key concept to understand is the more companies you get rates for, the better your chances of lowering your rates. Drivers may discover the lowest premiums are with a smaller regional carrier.

While you’re price shopping online, don’t be tempted to buy lower coverage limits just to save a few bucks. In many cases, an insured dropped physical damage coverage to discover at claim time that it was a big mistake. Your aim should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Drivers switch companies for any number of reasons including high prices, an unsatisfactory settlement offer, unfair underwriting practices or questionable increases in premium. It doesn’t matter what your reason, switching companies can be less work than you think.

More tips and info about car insurance is available in these articles: