2006 Toyota Sequoia Insurance Rates

Searching for cheaper car insurance rates? Consumers have lots of choices when looking for the lowest priced Toyota Sequoia insurance. You can either spend your time calling around to compare prices or save time using the internet to compare rates. There are more efficient ways to buy car insurance so you’re going to learn the proper way to quote coverages on a Toyota and locate the lowest possible price from both online companies and local agents.

Vehicle Insurance Comparison

Cutting your auto insurance rates can be quick and easy. You just need to invest a little time getting comparison quotes from different insurance companies. This is very easy and can be done in just a few minutes using one of these methods.

  • The most efficient way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This type of form saves time by eliminating separate quotation requests to each individual auto insurance company. Just one form gets rate comparisons from many national carriers.It’s the quickest way to get rates.
  • A more difficult way to obtain and compare quotes online requires visiting each company website and complete a new quote form. For instance, we’ll assume you want to compare Progressive, Farmers and GEICO. To find out each rate you need to go to every website and enter your policy data, which is why the first method is more popular.

    For a list of links to insurance companies in your area, click here.

  • The hardest way of comparing rate quotes is to spend your day driving to different agent offices. Shopping for auto insurance online eliminates the need for an insurance agent unless you prefer the personal advice of a licensed agent. It is possible to comparison shop online and get advice from an agent in your area. We’ll cover that shortly.

Whichever way you use, make darn sure you compare identical coverage limits with each company. If the quotes have differing limits you can’t possibly make an equal comparison.

The insurance coverage bait and switch

Drivers can’t get away from ads that promise big savings from companies such as Progressive, GEICO, Allstate and State Farm. All the companies make the same claim that you can save after switching your policy.

But how can every company say the same thing?

Different companies are able to cherry pick for the type of customer that earns them a profit. For example, a desirable insured might be between 25 and 40, a clean driving record, and drives less than 7,500 miles a year. A propective insured who matches those parameters is entitled to the best price and is almost guaranteed to cut their rates substantially.

Potential insureds who do not match this ideal profile must pay higher premiums and ends up with business not being written. The ad wording is “customers that switch” not “everybody who quotes” save money. That’s why companies can truthfully make those claims. This illustrates why you absolutely need to get as many comparisons as possible. It’s just too difficult to predict which company will give you the biggest savings on Toyota Sequoia insurance.

You probably qualify for some discounts

Car insurance companies don’t always list all available discounts very clearly, so we break down 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.

  • Passive Restraint Discount – Vehicles equipped with air bags can qualify for discounts up to 30%.
  • E-sign – Certain companies give back up to $50 for buying your policy over the internet.
  • Accident Free – Drivers who don’t have accidents pay much less when compared to accident-prone drivers.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for better insurance coverage rates on Sequoia coverage.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Sequoia coverage depending on your company.
  • More Vehicles More Savings – Insuring multiple cars or trucks with the same company may reduce the rate for each vehicle.

As a disclaimer on discounts, most credits do not apply to the entire cost. A few only apply to specific coverage prices like collision or personal injury protection. Just because it seems like you could get a free insurance coverage policy, it doesn’t quite work that way.

For a list of insurers offering insurance coverage discounts, follow this link.

There’s no such thing as the perfect policy

When it comes to buying the right insurance coverage, there isn’t really a one size fits all plan. Everyone’s situation is unique.

Here are some questions about coverages that might point out whether or not you may require specific advice.

  • What can I do if my company denied a claim?
  • How do I file an SR-22 for a DUI in my state?
  • Why is insurance for a teen driver so high?
  • Who is covered by my policy?
  • What are the best liability limits?
  • Should I have combined single limit or split liability limits?
  • Am I covered when delivering products for my home-based business?
  • What is the minimum liability in my state?
  • Should I buy more coverage than the required minimum liability coverage?
  • Do I need medical payments coverage since I have good health insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can help protect your family.

Specific coverages for a 2006 Toyota Sequoia

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Liability insurance

Liability insurance protects you from injuries or damage you cause to a person or their property by causing an accident. It protects you against other people’s claims, and does not provide coverage for 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. Your policy might show limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability can pay for claims such as medical services, structural damage, funeral expenses, bail bonds and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, rock chips in glass, falling objects, hitting a deer and damage from a tornado or hurricane. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as rehabilitation expenses, X-ray expenses, hospital visits, funeral costs and nursing services. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This coverage covers damage to your Sequoia resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a ditch, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Shop around and save

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

Insureds leave their current company for many reasons like high rates after DUI convictions, lack of trust in their agent, extreme rates for teen drivers or even delays in paying claims. Regardless of your reason, finding a new company can be pretty painless.

Affordable 2006 Toyota Sequoia insurance can be bought on the web and also from your neighborhood agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies may not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

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