2010 Toyota Land Cruiser Insurance Rates – 7 Tips to Save

Looking for better insurance rates for your Toyota Land Cruiser? Having to pay for overpriced insurance can drain your checking account and force you to prioritize other expenses. Doing a price comparison is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Lots of insurers contend to insure your vehicles, so it’s not easy to compare every company to get the lowest cost out there.

If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these techniques. Finding the best rates is not rocket science. But consumers benefit from understanding how companies market insurance on the web and use this information to your advantage.

How to Compare Auto Insurance Costs

Comparing auto insurance rates can be exhausting if you don’t know the most efficient way. You can waste a few hours (or days) discussing policy coverages with local insurance agents in your area, or you can stay home and use the internet to maximize your effort.

Most of the larger companies are enrolled in a marketplace that allows shoppers to enter their coverage request one time, and at least one company can give them a price based on that information. This prevents consumers from doing quotation requests to every company.

To compare 2010 Toyota Land Cruiser rates using this form now click to open in new window.

The one disadvantage to comparing rates this way is you are unable to specify which insurance companies to get pricing from. So if you want to choose specific insurance companies for rate comparison, we have a page of low cost auto insurance companies in your area. Click here to view list.

Which method you use is up to you, but ensure you’re using exactly the same deductibles and coverage limits on every quote you get. If you have higher or lower deductibles it’s not possible to truly determine the lowest rate. Quoting even small variations in coverage limits can make a big difference in price. Just remember that getting more free quotes provides better odds of finding the best offered rates.

These seven discounts can lower your rates

Insuring your fleet can be pricey, buy you may qualify for discounts to help offset the cost. Larger premium reductions will be automatically applied at the time of quoting, but a few need to be asked about before they will apply.

  • Homeowners Discount – Owning a house can help you save on insurance because maintaining a house is proof that your finances are in order.
  • Auto/Home Discount – When you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Life Insurance – Some companies give a discount if you purchase auto and life insurance together.
  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Low Mileage Discounts – Driving fewer miles could qualify for a substantially lower rate.
  • Senior Discount – If you qualify as a senior citizen, you may be able to get a small decrease in premiums on Land Cruiser coverage.
  • Resident Student – Children living away from home attending college and don’t have a car can receive lower rates.

Consumers should know that some credits don’t apply to the overall cost of the policy. Most only cut specific coverage prices like medical payments or collision. Just because you may think you could get a free insurance policy, you’re out of luck. But all discounts will reduce your overall premium however.

Insurance companies that possibly offer these benefits include:

Before buying, ask every prospective company what discounts are available to you. Discounts may not be available in your area.

Different people need different coverages

When choosing coverage, there really is not a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that might help in determining whether your personal situation might need professional guidance.

  • What is covered by UM/UIM coverage?
  • What is roadside assistance coverage?
  • Am I better off with higher deductibles on my 2010 Toyota Land Cruiser?
  • Do I need special endorsements for business use of my vehicle?
  • What can I do if my company won’t pay a claim?
  • Will my insurance pay for OEM parts?
  • Am I covered when driving a rental car?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Parts of your insurance policy

Knowing the specifics of a insurance policy helps when choosing the right coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverages available from insurance companies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Auto liability insurance

Liability insurance provides protection from damages or injuries you inflict on people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as attorney fees, structural damage and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for dental work, surgery, prosthetic devices and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

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

Collision coverage pays for claims such as hitting a mailbox, sideswiping another vehicle, crashing into a ditch, colliding with another moving vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This coverage covers 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 pays for things like theft, hitting a bird, vandalism and hail damage. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.