How Much Does 1991 Toyota Tercel Insurance Cost?

Looking for cheaper car insurance rates for your Toyota Tercel? Nobody cherishes buying car insurance, especially when they are paying too much.

Lots of auto insurance companies contend to insure your vehicles, so it’s not easy to compare every company and get the definite best rates possible.

Insurance Coverage Prices

The are a couple different ways to compare quotes from different insurance companies. The fastest way to compare 1991 Toyota Tercel insurance prices is to perform an online rate comparison. This can be done in several different ways.

  • The single most time-saving way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This method saves time by eliminating separate quotation requests to each individual insurance coverage company. A single, simple form compares rates from several companies.
  • A slightly less efficient method to compare rate quotes requires a visit to the website of each company and fill out their own quote form. For examples sake, we’ll pretend you want rates from Auto-Owners, Esurance and Allstate. You would have to take the time to go to each site to enter your coverage information, which is why most consumers use the first method. To view a list of companies in your area, click here.
  • The least recommended method of comparing rate quotes is to spend time driving to and from local insurance agencies. The internet has reduced the need for local agents unless you want the professional guidance that only a license agent can provide. You can, however, comparison shop your insurance online but still have the advice of a local agent and we’ll talk about that later.

However you get your quotes, compare apples-to-apples coverage limits and deductibles on every quote. If you compare different values for each quote it will be impossible to find the best deal for your Toyota Tercel. Quoting even small variations in coverage limits could mean much higher rates. And when comparing insurance coverage rates, know that more quotes gives you a better chance of getting better pricing.

Don’t overlook these discounts

Insurance can be prohibitively expensive, but companies offer discounts that you may not know about. Most are applied when you get a quote, but some may not be applied and must be specifically requested prior to receiving the credit.

  • Claim Free – Good drivers with no accidents can earn big discounts when compared with frequent claim filers.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Own a Home – Being a homeowner can save you money due to the fact that maintaining a home shows financial diligence.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may earn at least 10% off all policies.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like you can get free auto insurance, companies wouldn’t make money that way. Any amount of discount will reduce your premiums.

For a list of providers who offer car insurance discounts, follow this link.

Factors determining your Toyota Tercel insurance premium

It’s important that you understand the rating factors that play a part in calculating the price you pay for auto insurance. Understanding what determines base rates helps enable you to make changes that will entitle you to big savings.

  • Never let your coverage lapse – Driving with no insurance is illegal and as a result your rates will increase for letting your coverage have a gap. Not only will you pay more, but not being able to provide proof of insurance might get you a steep fine or even jail time.
  • Better crash test results mean better rates – Vehicles with good safety scores tend to have better insurance rates. These vehicles reduce injuries and lower injury rates translates into savings for insurance companies and thus lower rates. If your Toyota Tercel has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Your car’s features help determine rates – Driving a car that has an advanced theft prevention system can help lower your rates. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
  • An active claims history can cost you – If you file claims often, you can pretty much guarantee either policy cancellation or increased premiums. Insurance companies give discounts to people who are claim-free. Your insurance policy is meant to be used in the event of the large, substantial claims.
  • Do you have a high stress job? – Occupations such as doctors, social workers and dentists have the highest average rates due to high stress levels and lots of time spent at work. Other occupations like actors, historians and retirees get better rates for Tercel insurance.
  • Extra add-on coverages are wasting money – There are a lot of extra coverages that you can buy when buying auto insurance. Coverages like roadside assistance, towing coverage and term life insurance may be wasting your money. These coverages may sound good initially, but if they’re wasting money get rid of them and save.

Is my situation unique?

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different so this has to be addressed. For instance, these questions might help in determining if your situation may require specific advice.

  • Is other people’s property covered if stolen from my vehicle?
  • Does my liability insurance cover pulling a trailer or camper?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my teen driver covered when they drive my company car?
  • Should I get collision insurance on every vehicle?
  • Do I need an umbrella policy?
  • Do I pay less for low miles?
  • When should I drop full coverage on my 1991 Toyota Tercel?
  • Can my teen driver be rated on a liability-only vehicle?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Beware of misleading insurance ads

State Farm and Allstate continually stream television and radio advertisements. All the companies say the same thing of big savings after switching to their company. How does each company claim to save you money? It’s all in the numbers.

All the different companies can use profiling for the type of customer that is profitable for them. An example of a profitable customer might be profiled as between the ages of 40 and 55, owns a home, and has a short commute. A driver who matches those parameters gets the lowest rates and is almost guaranteed to save a lot of money.

Potential customers who don’t qualify for the “perfect” profile will be quoted a higher premium which leads to the driver buying from a lower-cost company. The ads state “customers who switch” not “everybody who quotes” save that kind of money. This is how insurance companies can confidently state the savings.

This emphasizes why you need to get as many comparisons as possible. You cannot predict the company that will have the lowest Toyota Tercel insurance rates.

Specific coverage details

Learning about specific coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages offered by insurance companies.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for bills for things like EMT expenses, nursing services and dental work. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Auto liability – This can cover damage or injury you incur to other people or property by causing an accident. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like medical services, court costs, funeral expenses and legal defense fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a deer, falling objects, theft, damage from flooding and hail damage. The highest amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Toyota Tercel.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.

Collision – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like sideswiping another vehicle, hitting a parking meter, hitting a mailbox and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Save your cold hard cash

Throughout this article, we presented a lot of ways to reduce 1991 Toyota Tercel insurance prices online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. Drivers may discover the lowest priced auto insurance comes from some of the lesser-known companies. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive and Geico.

Cheap insurance is possible from both online companies and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide you the ability to get quotes online and these smaller companies work with independent agents.

As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to buy enough coverage at the best price, not the least amount of coverage.

Additional auto insurance information can be read on the following sites: