How many years has it been since you compared low-cost Toyota Land Cruiser insurance in Oakland? Did a good deal turn out to be an overpriced auto insurance policy? Say no more because you’re not alone.
It’s a known fact that car insurance companies don’t want policyholders to shop around. Drivers who compare rates at least once a year will presumably switch companies because there is a good probability of finding a more affordable policy. A study showed that consumers who routinely compared quotes saved $3,450 over four years as compared to drivers who don’t regularly compare prices.
If finding the cheapest rates on car insurance is the reason for your visit, then learning about how to get free comparison quotes and analyze insurance can help make the process easier.
How to buy cheaper Toyota Land Cruiser insurance in Oakland
If you want to find the absolute lowest rates, then the best way to get low-cost Toyota Land Cruiser insurance is to start comparing prices regularly from insurers who provide auto insurance in Oakland. Drivers can shop around by following these steps.
- Read about individual coverages and the modifications you can make to prevent rate increases. Many policy risk factors that drive up the price like accidents, careless driving, and an unfavorable credit rating can be eliminated by making small lifestyle or driving habit changes.
- Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like Progressive and State Farm, while agents who are independent can quote prices for a wide range of insurance providers.
- Compare the new rate quotes to your existing coverage and see if you can save money. If you find a lower rate and decide to switch, make sure coverage does not lapse between policies.
The key aspect of shopping around is that you use the same liability limits and deductibles on each quote and and to get price estimates from as many car insurance companies as possible. This guarantees an apples-to-apples comparison and the best price selection.
Many auto insurance companies vie for your business, so it’s not easy to compare every company to find the absolute lowest rate on Toyota Land Cruiser insurance in Oakland.
Consumers should take time to take a look at other company’s rates quite often because prices are constantly changing. If you had the lowest quotes on Toyota Land Cruiser insurance in Oakland a few years ago you can probably find a lower rate today. Ignore everything you know about auto insurance because you’re about to find out how to quote online to find better coverage on Toyota Land Cruiser insurance in Oakland at a better price.
If you have insurance now or want to find a cheaper company, you can follow these tips to lower your rates and still have adequate protection. Finding affordable car insurance coverage in Oakland seems hard but is not really that difficult. Consumers just need to use how to compare rate quotes from multiple carriers.
The following companies have been selected to offer comparison quotes in Oakland, CA. In order to find the cheapest car insurance in California, we suggest you visit several of them in order to get a fair rate comparison.
Car insurance statistics for a Toyota Land Cruiser
The data table shown below highlights detailed analysis of insurance premium costs for Toyota Land Cruiser models. Understanding more about how policy rates are determined helps drivers make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Land Cruiser | $382 | $656 | $456 | $26 | $136 | $1,656 | $138 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 40, 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. Rates do not factor in garaging location in Oakland which can influence insurance rates substantially.
Deductible comparison
One of the more difficult decisions when buying car insurance is where should you set your physical damage deductibles. The data tables below help summarize the cost difference when you choose different deductibles. The first price estimate table uses a $250 comprehensive and collision deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Land Cruiser | $518 | $882 | $442 | $26 | $132 | $2,025 | $169 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Land Cruiser | $320 | $556 | $442 | $26 | $132 | $1,476 | $123 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Information does not factor in specific location which can change premium rates considerably.
Based on the above data, using a $250 deductible could cost the average driver approximately $46 more each month or $552 every year across all Toyota Land Cruiser models than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 16 months between claims, you would come out ahead going with the higher deductible.
Does it make sense to buy full coverage?
The diagram below shows the difference between Toyota Land Cruiser car insurance costs with full coverage and liability only. The price estimates are based on no accidents, no driving violations, $100 deductibles, drivers are single, and no other discounts are factored in.
When to drop comprehensive and collision
There is no set rule of when to eliminate physical damage coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than around 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s say your Toyota Land Cruiser book value is $4,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $3,000 after the deductible is paid. If it’s costing you more than $300 annually for comprehensive and collision coverage, then it could be time to drop full coverage.
There are a few cases where dropping physical damage coverage is not financially feasible. If you haven’t paid off your loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not eliminate full coverage.
Why you need insurance
Even though it can be expensive, insurance serves several important purposes.
First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific minimum amount of liability protection in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your Toyota Land Cruiser has a loan, it’s guaranteed your bank will force you to buy full coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender will be forced to insure your Toyota at a more expensive rate and require you to pay for the expensive policy.
Third, insurance protects not only your car but also your financial assets. Insurance will also pay for medical transport and hospital expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit if you cause an accident and are sued. If your Toyota gets damaged, your insurance policy will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance more than offset the price you pay, particularly when you have a large claim. Despite what companies tell you, the average driver is overpaying over $810 a year so compare quotes from several companies at least once a year to ensure rates are competitive.
Take these ten policy discounts and save on Toyota Land Cruiser insurance in Oakland
Insuring your fleet can be pricey, but there could be significant discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied at the time of purchase, but some must be asked about prior to receiving the credit.
- Safe Driver Discounts – Safe drivers may receive a discount up to 45% than drivers with accident claims.
- Accident-Free Discounts – Drivers with accident-free driving histories pay much less when compared to frequent claim filers.
- Clubs and Organizations – Joining specific professional or occupational memberships or organizations could trigger savings when shopping for insurance.
- Renewal Discounts – Some insurance companies give discounts for switching companies before your current Land Cruiser insurance policy expires. It can save you around 10%.
- Paper-free Discount – Some of the larger companies give back up to $50 for buying your policy online.
- Discount for Good Grades – Being a good student can get you a discount of up to 25%. The discount lasts up to age 25.
- More Vehicles More Savings – Buying insurance for multiple vehicles with the same company can reduce the rates for all insured vehicles.
- Senior Citizen Discount – Drivers that qualify as senior citizens can get a small discount on rates.
- Resident Student – Kids living away from Oakland attending college and do not have access to a covered vehicle can receive lower rates.
- Driver Training Discounts – Taking part in a class that teaches defensive driver techniques may get you a small discount if you qualify.
Consumers should know that some of the credits will not apply to the entire cost. A few only apply to the cost of specific coverages such as comp or med pay. Even though it may seem like it’s possible to get free car insurance, you won’t be that lucky.
The diagram below shows the comparison of Toyota Land Cruiser premium costs with and without discounts applied to the policy premium. The information is based on a male driver, no claims or driving violations, California state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, claim-free, multi-policy, marriage, and homeowner discounts applied.
Auto insurance companies that may include most of these discounts include:
If you want affordable Oakland car insurance quotes, ask each company what discounts are available to you. Some discounts may not be available everywhere. To view insurance companies who offer online Toyota Land Cruiser insurance quotes in Oakland, click here.
There’s no such thing as the perfect car insurance policy
When choosing coverage online or from an agent, there really isn’t a single plan that fits everyone. Everyone’s needs are different.
Here are some questions about coverages that might help in determining whether you might need professional guidance.
- Do I need roadside assistance coverage?
- Should I bundle my homeowners policy with my auto?
- Is my Toyota Land Cruiser covered if I use it for business?
- What is the minimum liability in California?
- Do I pay less for low miles?
- What discounts do I qualify for?
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and may give you better protection.
Shop online but buy locally
Many drivers still like to sit down and talk to an agent and we recommend doing that Licensed agents can answer important questions and help in the event of a claim. One of the great benefits of comparing rate quotes online is that you can obtain cheaper premium rates and still have an agent to talk to.
Once you complete this form (opens in new window), your coverage information is immediately sent to local insurance agents who will give competitive quotes and help you find cheaper coverage. There is no reason to drive around because prices are sent to you directly. If you have a need to quote rates from one company in particular, you can always search and find their rate quote page and fill out their quote form.
Deciding on an company shouldn’t rely on just the price. Agents should be asked these questions:
- How long have they worked with personal auto insurance coverage?
- Will you get a loaner vehicle if you car is being repaired?
- Do they regularly work with personal auto policies in Oakland?
- Does their agency support local causes in Oakland?
- What will you get paid if your car is a total loss? How is that amount determined?
- Do the agents have professional certifications like CPCU or CIC?
- Do they make recommendations based only on price?
- Are claims handled at the agent’s location?
Not all car insurance agents are the same
If you’re trying to find a good insurance agency, you must know there are a couple different agency structures and how they differ in how they can insure your vehicles. Insurance agents are considered either independent (non-exclusive) or exclusive. Either one can handle insurance, but it’s worth mentioning the difference in the companies they write for because it can factor into the type of agent you choose.
Exclusive Insurance Agencies
Exclusive insurance agents can only write with one company such as Allstate, Farmers Insurance or State Farm. They usually cannot compare other company’s rates so they really need to provide good service. Exclusive agencies are usually quite knowledgeable on sales techniques and that can be a competitive advantage.
Below are Oakland exclusive insurance agencies that are able to give price quotes.
Farmers Insurance – Margarita Rodriguez
3028 International Blvd – Oakland, CA 94601 – (510) 532-8426 – View Map
Larry Sneed – State Farm Insurance Agent
11881 Skyline Blvd c – Oakland, CA 94619 – (510) 336-9909 – View Map
Fernando Valenzuela – State Farm Insurance
1236 30th Ave – Oakland, CA 94601 – (510) 533-9712 – View Map
Independent Agencies or Brokers
Agents of this type do not work for one specific company and that allows them to write policies through lots of different companies and potentially find a lower price. If premiums increase, they simply move your policy to a different company and you won’t have to switch agencies. When shopping rates, we highly recommend that you get insurance quotes from several independent agencies to get the best comparison.
Listed below are independent agents in Oakland that are able to give rate quotes.
Bucheku Insurance Agency
1714 Franklin St Suite 305 – Oakland, CA 94612 – (510) 655-6969 – View Map
Travel Insurance Agency
610 16th St #508 – Oakland, CA 94612 – (510) 452-3366 – View Map
Greater Metrowest Insurance Agency
Oakland, CA 94612 – Oakland, CA 94612 – (510) 444-1404 – View Map
Specific coverages for a Toyota Land Cruiser
Knowing the specifics of your policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP reimburse you for immediate expenses like rehabilitation expenses, chiropractic care and prosthetic devices. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Collision coverage protection
This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as colliding with a tree, hitting a mailbox, colliding with another moving vehicle, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible on your Land Cruiser in order to get cheaper collision rates.
Liability insurance
This provides protection from damages or injuries you inflict on other’s property or people in an accident. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 15/30/5 that translate to a limit of $15,000 per injured person, a total of $30,000 of bodily injury coverage per accident, and a limit of $5,000 paid for damaged property.
Liability coverage protects against things like repair costs for stationary objects, medical expenses, repair bills for other people’s vehicles and emergency aid. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford. California state law requires minimum liability limits of 15/30/5 but it’s recommended drivers buy higher limits.
The chart below shows why the minimum limit may not be high enough to adequately cover claims.
Comprehensive auto coverage
Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like damage from flooding, vandalism and rock chips in glass. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your Toyota Land Cruiser.
Because many people only carry the minimum required liability limits (15/30/5), 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.
One last note
While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where an accident victim reduced uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage at the best possible price and still be able to protect your assets.
Lower-priced Toyota Land Cruiser insurance in Oakland can be sourced online as well as from independent agents in Oakland, so you need to quote Oakland car insurance with both to get a complete price analysis. Some insurance companies may not have online rate quotes and many times these small, regional companies only sell coverage through local independent agents.
We’ve covered a lot of ways to save on Toyota Land Cruiser insurance in Oakland. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the biggest savings come from the least-expected company.
How to find discount Toyota Land Cruiser insurance in Oakland
If saving the most money is your goal, then the best way to find low-cost auto insurance rates in Oakland is to make a habit of regularly comparing prices from insurance carriers who sell insurance in California.
- First, try to learn a little about coverages and the steps you can take to keep rates down. Many rating factors that are responsible for high rates such as tickets, at-fault accidents, and a negative credit score can be remedied by making minor changes in your lifestyle.
- Second, compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like GEICO and State Farm, while agents who are independent can provide price quotes from multiple sources.
- Third, compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you can save money, ensure coverage does not lapse between policies.
A good piece of advice is to use the same physical damage deductibles and liability limits on every quote and and to analyze every insurance company. Doing this provides a fair price comparison and a complete selection of prices.
More information is located on the following sites:
- Bodily Injury Coverage (Liberty Mutual)
- Who Has the Cheapest Auto Insurance Quotes for Low Income Drivers in Oakland? (FAQ)
- Who Has Cheap Car Insurance for Active Military in Oakland? (FAQ)
- Who Has Affordable Car Insurance Rates for a Nissan Rogue in Oakland? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Nurses in Oakland? (FAQ)
- Auto Insurance 101 (About.com)
- Electronic Stability Control FAQ (iihs.org)
- Comprehensive Coverage (Liberty Mutual)
- What if I Can’t Find Coverage? (Insurance Information Institute)