Find Cheaper Toyota Land Cruiser Insurance in Sacramento

If your goal is the lowest price, then the best way to find lower priced Toyota Land Cruiser insurance is to compare quotes once a year from companies who sell auto insurance in Sacramento. Rate comparisons can be done by following these guidelines.

One key aspect of rate comparisons is to make sure you’re comparing the same amount of coverage on each quote and and to compare as many companies as feasibly possible. Doing this ensures a level playing field and the best price quote selection.

Insurance rates Toyota Land Cruiser in SacramentoIt’s an obvious assumption that car insurance companies don’t want their customers to go rate shopping. Consumers who shop around once a year are inclined to buy a new policy because they stand a good chance of finding a policy with more affordable rates. A recent study showed that people who shopped around saved about $850 each year as compared to drivers who never shopped around for lower prices.

If finding the cheapest rates on Toyota Land Cruiser insurance is your intention, then understanding how to find and compare insurance coverage can make it easier to find better rates.

Getting a low cost price on Toyota Land Cruiser insurance is an easy way to save money. You just need to take a couple of minutes comparing rate quotes to see which company has the cheapest Toyota Land Cruiser rate quotes.

The providers in the list below offer free quotes in California. If you wish to find the cheapest car insurance in CA, we recommend you visit several of them in order to get a fair rate comparison.

Detailed insurance information

The information below highlights estimates of insurance prices for Toyota Land Cruiser models. Understanding how premiums are established can help you make smart choices when comparing insurance rates.

Toyota Land Cruiser Insurance Rates in Sacramento, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Land Cruiser $420 $712 $442 $26 $132 $1,732 $144
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Price estimates do not factor in specific garaging location which can increase or decrease insurance rates considerably.

An analysis of deductible level

One of the hardest decisions when shopping for insurance is at what level do you set your deductibles. The comparisons below determine the differences in premium rates between low and high coverage deductibles. The first data set uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.

Toyota Land Cruiser insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Land Cruiser $576 $1054 $442 $26 $132 $2,255 $188
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Toyota Land Cruiser insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Land Cruiser $420 $712 $442 $26 $132 $1,732 $144
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Estimates do not factor in vehicle garaging location which can increase or decrease rates greatly.

We can estimate from the data above that using a $100 deductible will cost you about $44 more each month or $528 every year across all Toyota Land Cruiser models than quoting the higher $500 deductible. Since you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average at least 9 months between claims, you would probably save some money if you elect the higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $188
Average monthly premium for $500 deductibles (subtract): – $144
Monthly savings from raising deductible: $44
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $44
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 9 months

Driving violations and accidents

The information below shows how violations and fender-benders raise Toyota Land Cruiser car insurance rates for different age groups. The rates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.

How much more does full coverage cost in Sacramento?

The example below compares Toyota Land Cruiser insurance rates with liability coverage only compared to full coverage. The premiums are based on no violations or accidents, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.

When to drop comp and collision

There is no definitive rule to delete full coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your Toyota Land Cruiser book value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $3,000 after the deductible is paid. If it’s costing you more than $300 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some situations where buying only liability insurance is not in your best interest. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Smart Consumers Save on Insurance

When buying insurance it’s important to understand a few of the rating criteria that go into determining your policy premiums. If you understand what determines premiums, this empowers consumers to make smart changes that may result in lower rates.

The items below are a few of the “ingredients” insurance companies consider when setting your rate level.

Rural areas have lower prices – Living in less populated areas is a positive aspect if you are looking for the lowest rates. Lower population means reduced accidents and lower theft and vandalism rates. Drivers in populated California areas regularly have more traffic problems and longer commutes to work. Higher commute times can result in more accidents.

Combine and save – Many insurance companies provide better rates to insureds that have more than one policy. It’s known as a multi-policy discount. If you currently are using one company, consumers should still compare other Sacramento Land Cruiser insurance rates to help ensure you have the lowest rates.

Youthful drivers cost more – Teenage drivers in California have a tendency to be less responsible when at the wheel of a vehicle therefore insurance rates are much higher. If you’ve ever had to add a beginning driver to your policy can cause a big jump in price. Older, more experienced drivers are more responsible, are lower risk to insure, and are safer drivers.

The next chart uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.

Gender and auto insurance premiums – Statistics demonstrate that females take fewer risks when driving. However, this does not mean females are better at driving than males. Both sexes cause fender benders at a similar rate, but the men have accidents that have higher claims. Men also tend to receive more costly citations like reckless driving and DUI.

The diagram below illustrates the comparison of Toyota Land Cruiser insurance rates for male and female drivers. The price estimates are based on no claims or driving violations, comp and collision included, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

Stressful employer may mean higher prices – Did you know your insurance rates can be affected by your occupation? Jobs such as military generals, social workers, and miners tend to have the highest average rates in part from intense work requirements and long work days. On the other hand, occupations like actors, athletes and retirees generally pay rates lower than average.

Liability coverage is cheap – Your insurance policy’s liability coverage is the coverage that protects you in the event that you are found to be at fault for physical damage or personal injury to other. Liability provides legal defense coverage up to the limits shown on your policy. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.

Claims statistics for a Toyota Land Cruiser – Insurance companies include the past claim trends for vehicles to calculate a price that offsets possible losses. Models that have higher prevalence or dollar amount of losses will cost more for specific coverages.

The information below illustrates the historical insurance loss data for Toyota Land Cruiser vehicles. For each policy coverage type, the claim amount for all vehicles combined as an average is equal to 100. Numbers under 100 suggest a better than average loss history, while percentage values above 100 indicate frequent claims or an increased chance of larger losses than average.

Insurance Loss Ratings for Toyota Land Cruiser Vehicles
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Land Cruiser 4dr 4WD 94 88 171

Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Three reasons to not skimp on insurance

Even though it’s not necessarily cheap to insure a Toyota in Sacramento, buying insurance serves an important purpose.

The benefits of having insurance are without a doubt worth the cost, especially for larger claims. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $750 every year so it’s important to compare rates at every policy renewal to be sure current rates are still competitive.