2001 Toyota Avalon Insurance Rates

Comparison shopping for low cost insurance can seem to be challenging for drivers who have little experience online comparison shopping. With so many companies in the marketplace, it can quickly become a difficult situation to lower your prices.

It’s important to compare premium rates periodically because insurance prices are constantly changing. Just because you had the best deal on Avalon coverage two years ago the chances are good that you can find a lower rate today. Ignore everything you know about insurance because I’m going to teach you the best methods to lower your annual insurance bill.

If you currently have a car insurance policy, you should be able to save some money using these techniques. The purpose of this article is to let you in on how to get online quotes and some money-saving tips. Although vehicle owners do need to understand how big insurance companies sell insurance online.

How to shop insurance online

Many insurance companies such as State Farm and Allstate allow consumers to get insurance quotes direct online. Obtaining pricing is easy for anyone because it’s just a matter of typing in your required coverages into a form. Once you submit the form, their quoting system will obtain reports for credit and driving violations and returns a price quote based on many factors.

Quoting online simplifies rate comparisons, but the time it takes to visit multiple sites and type in the same information is repetitive and time-consuming. But it’s also necessary to do this if you want to get better prices.

A better way to compare rates is to use a quote form to obtain quotes from several different companies. This type of form saves time, eliminates repetitive work, and makes rate comparisons much easier to do. After sending the form, it gets priced and you are able to buy your choice of the resulting price quotes.

If you find a better price it’s easy to complete the application and buy the policy. This process takes less than 15 minutes and you will know how your current rates stack up.

In order to find out what other companies charge, click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you complete the form with the limits and deductibles exactly as shown on your declarations page. Using the same limits helps guarantee you are getting a rate comparison based on the exact same insurance coverage.

Auto Insurance Discounts

The price of auto insurance can be rather high, but you may qualify for discounts that can drop the cost substantially. Many discounts should be triggered when you quote, but less common discounts must be requested specifically before being credited.

  • Save with More Vehicles Insured – Having multiple cars or trucks with one company may reduce the rate for each vehicle.
  • ABS Brakes – Cars that have steering control and anti-lock brakes prevent accidents and the ABS can save up to 10%.
  • Defensive Driving Course – Taking time to complete a safe driver course is a good idea and can lower rates if you qualify.
  • Telematics Devices – Insureds who allow data collection to track their driving habits by installing a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if their driving habits are good.
  • Good Students Pay Less – Excelling in school can be rewarded with saving of up to 25%. The discount lasts up to age 25.
  • Senior Citizens – Older drivers can get better auto insurance rates on Avalon coverage.
  • Accident Forgiveness – but a few companies such as GEICO and Allstate will allow you to have one accident before hitting you with a surcharge if you are claim-free for a set time period.
  • New Car Discount – Buying a new car model can be considerably cheaper compared to insuring an older model.
  • Passenger Safety Discount – Vehicles with factory air bags can receive discounts of 20% or more.

It’s important to note that most discount credits are not given to the entire policy premium. Most only cut the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you could get a free auto insurance policy, you’re out of luck.

The best auto insurance companies and some of the discounts are detailed below.

  • GEICO includes discounts for membership and employees, defensive driver, multi-vehicle, emergency military deployment, and driver training.
  • Travelers offers discounts including good student, student away at school, hybrid/electric vehicle, IntelliDrive, new car, and payment discounts.
  • Nationwide has discounts for anti-theft, multi-policy, defensive driving, accident-free, and Farm Bureau membership.
  • Farmers Insurance may include discounts for mature driver, early shopping, youthful driver, multi-car, pay in full, and bundle discounts.
  • Esurance may have discounts that include DriveSense, homeowner, online quote, good student, and anti-theft.
  • State Farm offers premium reductions for defensive driving training, driver’s education, multiple policy, good driver, and passive restraint.
  • Progressive discounts include continuous coverage, good student, multi-vehicle, online signing, and multi-policy.
  • Mercury Insurance has savings for multi-policy, location of vehicle, annual mileage, good driver, professional/association, multi-car, and age of vehicle.

If you want cheap insurance coverage quotes, ask every prospective company which credits you are entitled to. A few discounts might not be offered in your area.

Tailor your insurance coverage to you

When it comes to buying adequate coverage, there really is no “perfect” insurance plan. Everyone’s situation is unique.

For instance, these questions might point out if your situation might need an agent’s assistance.

  • Do I need special endorsements for business use of my vehicle?
  • When does my teenage driver need to be added to my policy?
  • Is a new car covered when I drive it off the dealer lot?
  • Can I still get insurance after a DUI?
  • Who is covered when they drive my 2001 Toyota Avalon?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Which is better, split liability limits or combined limits?
  • Does insurance cover damages from a DUI accident?
  • Do I need roadside assistance coverage?
  • Does my insurance cover my expensive audio equipment?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance coverage basics

Learning about specific coverages of your policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Uninsured and underinsured coverage

This provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Toyota Avalon.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are set the same as your liablity limits.

Comprehensive coverages

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

Comprehensive coverage pays for things like damage from flooding, rock chips in glass and theft. The most your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for bills such as surgery, dental work and pain medications. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Liability insurance

Liability coverage will cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see 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 claims like medical expenses, repair bills for other people’s vehicles, structural damage and funeral expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage protection

This coverage pays for damage to your Avalon caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like backing into a parked car, hitting a parking meter and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.