1998 Toyota Supra Insurance Quotes

Want the cheapest auto insurance rates for your Toyota Supra? Are you tired of not being able to afford to insure your Toyota every month? You’re in the same situation as millions of other consumers.

Consumers have many insurers to purchase coverage from, and though it is a good thing to have a selection, so many choices can make it hard to find a good deal.

It’s a great practice to compare rates occasionally since insurance rates are variable and change quite frequently. Even if you think you had the best price on Supra insurance a couple years back you can probably find a lower rate today. Ignore everything you know about auto insurance because you’re about to learn how to quote online to eliminate unnecessary coverages and save money.

How to Get Car Insurance Comparison Quotes

When shopping for car insurance there are multiple ways of comparing rates from local car insurance companies. The best way to compare 1998 Toyota Supra insurance prices is to perform an online rate comparison. This can be done using a couple different methods.

The best way to compare a lot of rates at once is an all-inclusive rate comparison click to view form in new window. This method saves time by eliminating separate forms for every car insurance company. One form will get you price quotes direct from many companies.

A more difficult way to obtain and compare quotes online requires a trip to each company website and request a quote. For examples sake, we’ll pretend you want rates from Farmers, Allstate and State Farm. To get rate quotes you would need to spend time on each company’s site and enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

It doesn’t matter which method you choose, just compare identical coverage limits with each company. If each company quotes mixed coverages then you won’t be able to determine which rate is truly the best. Quoting even small variations in coverages can mean a large discrepancy in price. And when price shopping your coverage, comparing more company’s prices will enable you to find the best offered rates.

Buyer beware of car insurance advertising tricks

Companies like Geico, State Farm and Progressive consistently run ads on television and other media. All the ads make an identical promise about savings if you change your policy. How does each company make almost identical claims?

All the different companies have a preferred profile for the type of customer that earns them a profit. A good example of a desirable insured could possibly be between the ages of 30 and 50, owns a home, and has a short commute. A driver who meets those qualifications will get the preferred rates and is almost guaranteed to save when switching.

Consumers who don’t qualify for the “perfect” profile will have to pay higher prices and this can result in the customer not buying. The ads say “people who switch” not “everybody who quotes” save that much money. That is how insurance companies can advertise the way they do.

Because of the profiling, you should get as many quotes as possible. It’s impossible to know which car insurance company will fit your personal profile best.

How to save on Toyota Supra insurance

Car insurance can cost a lot, but there are discounts available to help offset the cost. Certain discounts will be applied at quote time, but a few need to be specifically requested before being credited.

  • No Accidents – Good drivers with no accidents pay much less when compared with bad drivers.
  • Low Mileage Discounts – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • Defensive Driving Course – Successfully completing a driver safety course could save 5% or more if you qualify.
  • Save over 55 – Older drivers can possibly qualify for a discount up to 10% on Supra insurance.
  • Federal Employees – Employees or retirees of the government may qualify you for a discount on Supra insurance with certain companies.
  • Club Memberships – Participating in a qualifying organization could trigger savings on insurance coverage on Supra insurance.
  • Multi-policy Discount – When you have multiple policies with one insurance company you will save 10% to 20% off each policy.
  • One Accident Forgiven – A handful of insurance companies will allow you to have one accident before your rates go up if your claims history is clear for a certain period of time.

It’s important to understand that most discounts do not apply to the entire cost. The majority will only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, you won’t be that lucky. Any amount of discount will reduce the amount you have to pay.

A partial list of companies that may offer these money-saving discounts are:

Double check with each company which discounts they offer. Savings might not apply in every state.

Tailor your coverage to you

When buying the right insurance coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that might point out if your situation could use an agent’s help.

  • Should I get collision insurance on every vehicle?
  • Will my rates increase for filing one claim?
  • How high should deductibles be on a 1998 Toyota Supra?
  • Do I need PIP (personal injury protection) coverage in my state?
  • How can I get my company to pay me more for my totalled car?
  • Does my policy pay for OEM or aftermarket parts?
  • Why do I need rental car insurance?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area.

Parts of your auto insurance policy

Knowing the specifics of your auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages found on most auto insurance policies.

Comprehensive auto insurance

This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, fire damage, hail damage, vandalism and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for expenses for things like ambulance fees, chiropractic care, funeral costs, hospital visits and prosthetic devices. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Toyota Supra.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally the UM/UIM limits are similar to your liability insurance amounts.

Liability car insurance

Liability coverage can cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as bail bonds, medical services, legal defense fees and loss of income. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Collision protection

This coverage pays for damage to your Supra from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as colliding with a tree, colliding with another moving vehicle and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

Coverage on a shoestring budget

When you buy insurance online, it’s very important that you do not reduce needed coverages to save money. There have been many cases where an insured cut liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. The aim is to purchase plenty of coverage at the best price.

Cost effective 1998 Toyota Supra insurance can be purchased from both online companies as well as from independent agents, and you should be comparing both so you have a total pricing picture. Some insurance providers don’t offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

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