2014 Toyota Sequoia Insurance Quotes – 9 Tips to Save

Overpriced Toyota Sequoia insurance can dwindle your personal savings and make it impossible to make ends meet. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.

Online insurance companies like State Farm, GEICO and Farmers Insurance promote their brand names with ads and it can be hard to avoid their marketing magic and do the work needed to find the best deal.

The quickest method to get rate comparisons is to take advantage of the fact all the major auto insurance companies actually pay money for the chance to provide you with a free rate quote. The only thing you need to do is give them some information like driver ages, deductibles desired, whether or not you need a SR-22, and if you went to college. Your information is instantly sent to all major companies and you will get price comparisons quickly.

Are you falling for claims of savings?

State Farm, Allstate and GEICO constantly bombard you with ads on TV and radio. All the companies say the same thing that you can save if you switch to their company. How can each company say the same thing?

All the different companies can use profiling for the type of customer they prefer to insure. For example, a profitable customer might be profiled as over the age of 40, is a homeowner, and drives less than 7,500 miles a year. Any new insured that hits that “sweet spot” will get the preferred rates and most likely will save quite a bit of money when switching.

Potential customers who are not a match for these standards will have to pay a more expensive rate which leads to the driver buying from a lower-cost company. The ad wording is “customers that switch” not “people who quote” save that kind of money. This is how insurance companies can make the claims of big savings.

Because of the profiling, drivers should get a wide range of price quotes. You cannot predict the company that will give you the biggest savings on Toyota Sequoia insurance.

Policy discounts you shouldn’t miss

Insurance can cost an arm and a leg, but there could be available discounts that you may not know about. Some trigger automatically when you quote, but a few must be asked for prior to getting the savings.

  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Distant Student – Children who are attending college and do not have a car can receive lower rates.
  • Good Student – Getting good grades can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
  • Homeowners Savings – Being a homeowner may earn you a small savings because owning a home shows financial diligence.
  • Multiple Vehicles – Insuring multiple vehicles on the same insurance policy could earn a price break for each car.
  • Clubs and Organizations – Affiliation with a professional or civic organization could qualify you for a break on your policy for Sequoia coverage.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • Claim Free – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
  • Safety Course Discount – Taking part in a defensive driving course can save you 5% or more depending on where you live.

It’s important to understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you could get a free insurance policy, you won’t be that lucky. Any qualifying discounts will reduce your overall premium however.

To see a list of insurance companies offering insurance discounts, click this link.

Insurance agents can help

When buying the best auto insurance coverage, there isn’t really a perfect coverage plan. Each situation is unique and your policy should reflect that. For instance, these questions might point out if your situation could use an agent’s help.

  • Is business property covered if stolen from my car?
  • Am I covered if I wreck a rental car?
  • Should I carry comprehensive and collision coverage?
  • Who is covered when they drive my 2014 Toyota Sequoia?
  • Do I need special endorsements for business use of my vehicle?
  • Can my teen driver be rated on a liability-only vehicle?
  • What if I owe more than I can insure my car for?
  • Does my insurance cover my expensive audio equipment?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of auto insurance companies in your area.

The coverage is in the details

Knowing the specifics of your policy can help you determine the best coverages and the correct deductibles and limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverages offered by car insurance companies.

Medical expense insurance

Med pay and PIP coverage reimburse you for expenses for things like funeral costs, prosthetic devices and dental work. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Coverage for collisions

This coverage pays for damage to your Sequoia resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as damaging your car on a curb, backing into a parked car, driving through your garage door, hitting a mailbox and crashing into a building. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a broken windshield, hitting a deer, falling objects, damage from getting keyed and hitting a bird. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants from other motorists 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 2014 Toyota Sequoia.

Since many drivers only carry the minimum required liability 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. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Liability insurance

Liability coverage can cover damage or injury you incur to people or other property that is your fault. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, funeral expenses and loss of income. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Better coverage you can count on

Low-cost 2014 Toyota Sequoia insurance can be bought from both online companies in addition to many insurance agents, so compare prices from both so you have a total pricing picture. Some auto insurance companies do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

As you shop your coverage around, it’s a bad idea to buy poor coverage just to save money. There have been many cases where an insured cut comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. The proper strategy is to buy enough coverage at an affordable rate while still protecting your assets.

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