Best Ways to Save on Arlington Toyota Sequoia Insurance

Insurance for Toyota SequoiaAre you sick of overpaying and want lower-priced Toyota Sequoia insurance in Arlington? Cutting costs on Toyota Sequoia insurance in Arlington might be kind of frustrating for people not familiar with quoting and comparing prices online. With so many options of online companies available, it can turn into a real challenge to find cheaper Toyota Sequoia insurance rates.

It’s a fact that auto insurance companies don’t want their policyholders to compare prices. People who compare other prices will, in all likelihood, switch to a new company because the odds are good of finding a lower-priced policy. A recent insurance study discovered that drivers who routinely shopped for cheaper coverage saved over $860 a year compared to those who never compared other company’s rates.

If finding the lowest rates on car insurance in Arlington is why you’re here, learning how to compare auto insurance can make it easier to shop your coverage around.

You need to price shop coverage on a regular basis because prices are rarely the same from one policy term to another. Despite the fact that you may have had the best deal on Toyota Sequoia insurance in Arlington a year ago you can probably find a better rate quote now. You can find a lot of misleading information regarding Sequoia insurance on the web, but in a few minutes you can learn some great ways to reduce your insurance bill.

To find cheaper Arlington car insurance quotes, there are several ways to obtain and compare prices from local Arlington auto insurance companies. The quickest method to compare Toyota Sequoia insurance prices is to perform an online rate comparison.

When price shopping your coverage, comparing a large number of companies will improve the odds of getting a better price. Some insurance companies are not set up to provide price estimates online, so you should also compare prices from the smaller companies as well.

The providers in the list below provide free rate quotes in Texas. If multiple companies are listed, it’s a good idea that you visit several of them in order to find the most competitive rates.

Toyota Sequoia insurance coverage information

The price information displayed below outlines detailed analysis of insurance prices for Toyota Sequoia models. Knowing how insurance premiums are determined can assist in making smart choices when purchasing an insurance policy.


Toyota Sequoia Insurance Rates in Arlington, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sequoia SR/5 2WD $322 $486 $388 $24 $116 $1,336 $111
Sequoia SR/5 4WD $322 $572 $388 $24 $116 $1,422 $119
Sequoia Limited 2WD $360 $572 $388 $24 $116 $1,460 $122
Sequoia Limited 4WD $360 $572 $388 $24 $116 $1,460 $122
Sequoia Platinum 2WD $360 $660 $388 $24 $116 $1,548 $129
Sequoia Platinum 4WD $360 $660 $388 $24 $116 $1,548 $129
Get Your Own Custom Quote Go

Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Estimates do not factor in your specific Arlington location which can affect rates significantly.

Insurance deductibles

A question often asked by Arlington drivers is where to set your physical damage deductibles. The following insurance rates may help to illustrate how much more you’ll pay of buying low and high coverage deductibles. The first set of rates uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.


Toyota Sequoia insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sequoia SR/5 2WD $370 $592 $382 $22 $114 $1,505 $125
Sequoia SR/5 4WD $370 $698 $382 $22 $114 $1,611 $134
Sequoia Limited 2WD $412 $698 $382 $22 $114 $1,653 $138
Sequoia Limited 4WD $412 $698 $382 $22 $114 $1,653 $138
Sequoia Platinum 2WD $412 $804 $382 $22 $114 $1,759 $147
Sequoia Platinum 4WD $412 $804 $382 $22 $114 $1,759 $147
Get Your Own Custom Quote Go

Toyota Sequoia insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sequoia SR/5 2WD $206 $312 $382 $22 $114 $1,036 $86
Sequoia SR/5 4WD $206 $368 $382 $22 $114 $1,092 $91
Sequoia Limited 2WD $228 $368 $382 $22 $114 $1,114 $93
Sequoia Limited 4WD $228 $368 $382 $22 $114 $1,114 $93
Sequoia Platinum 2WD $228 $424 $382 $22 $114 $1,170 $98
Sequoia Platinum 4WD $228 $424 $382 $22 $114 $1,170 $98
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Table data does not factor in specific Arlington garaging location which can lower or raise insurance rates considerably.

Based on these figures, using a $100 deductible costs roughly $45 more each month or $540 for a full year across all Toyota Sequoia models than requesting the higher $1,000 deductible. Since you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 20 months between claim filings, you would come out ahead by selecting a higher deductible.

The example below illustrates how choosing a deductible and can increase or decrease Toyota Sequoia annual premium costs for different age groups. The data assumes a married female driver, comp and collision included, and no discounts are taken into consideration.

Does it make sense to buy full coverage?

The diagram below shows the comparison of Toyota Sequoia insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The prices are based on no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are taken into consideration.

When to buy liability coverage only

There is no written rule to eliminate physical damage coverage, but there is a general convention. If the yearly cost of full coverage is 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s say your Toyota Sequoia claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $3,000 after paying your deductible. If premium cost is more than $300 annually for physical damage coverage, then you might consider buying liability only.

There are some conditions where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not consider dropping full coverage.

You Can Change Your Insurance Rates

Many factors are used when you get a price on insurance. A few of the factors are predictable like an MVR report, but other factors are less obvious such as whether you are married or how financially stable you are. An important part of buying insurance is that you know some of the elements that help calculate your policy premiums. If you know what determines premiums, this allows you to make good choices that may result in lower rates.

Shown below are some of the items used by your company to calculate your rate level.

Your liability coverage limits – Your insurance policy’s liability coverage is the coverage that protects you in the event that you are found liable for damages caused by your negligence. It provides legal defense coverage up to the limits shown on your policy. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.

Careless drivers pay higher premiums – Drivers who don’t get tickets tend to pay less for car insurance than their less careful counterparts. Having a single speeding ticket or other violation can bump up the cost twenty percent or more. Drivers who have multiple tickets such as DWI, reckless driving or hit and run convictions may find that they have to to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive.

The chart below illustrates how traffic citations and accident claims impact Toyota Sequoia auto insurance rates for different age groups. The price estimates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.

Cheaper to insure gals? – Over the last 50 years, statistics have shown females are less aggressive when driving. Now that doesn’t mean men are WORSE drivers than women. Females and males cause accidents in similar percentages, but the males cause more damage and cost insurance companies more money. Men also tend to get cited for more serious violations such as reckless driving. Young men ages 16 to 20 are most likely to cause an accident and therefore are the most expensive to insure.

The example below shows the comparison of Toyota Sequoia insurance premiums for male and female drivers. The premium estimates are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, single status, and no additional discounts are factored in.

Cheaper rates after marriage – Your spouse can actually save you money on your policy. Marriage is viewed as being more mature and responsible and insurance companies like that drivers who are married file infrequent claims.

The type of car you drive affects your rates – The type of car you need to insure makes a significant difference in the rate you pay. Economy passenger vehicles generally have the cheapest insurance rates, but there are many factors that impact the final cost.

The data below assumes a single female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Toyota Sequoia car insurance rates compared to other makes and models that have different performance risks.

Premiums are high for teenagers – Older, more experienced drivers are proven to be safer behind the wheel, cause fewer claims and accidents, and usually have better credit. Youthful drivers are known to be inattentive and easily distracted when behind the wheel therefore insurance rates are much higher.

The data below uses these assumptions: single driver, full coverage with $500 deductibles, and no discounts or violations.

Insurance losses for a Toyota Sequoia – Auto insurance companies analyze the history of losses as a way to help calculate a profitable premium rate. Models that have higher number or severity of losses will have a higher cost to insure.

The table below illustrates the collected loss data for Toyota Sequoia vehicles. For each coverage category, the statistical loss for all vehicles, regardless of manufacturer or model, is a value of 100. Values that are below 100 are indicative of better than average losses, while values over 100 indicate higher probability of having a loss or a tendency for claims to be larger.


Insurance Loss Ratings for Toyota Sequoia Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Sequoia 4dr 2WD 70 103 80 57
Toyota Sequoia 4dr 4WD 82 115 96 57 50 77
BETTER
AVERAGE
WORSE

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

Protect more than your Toyota Sequoia

Even though Arlington Sequoia insurance rates can get expensive, car insurance is required for several reasons.

The benefits of carrying enough insurance definitely exceed the price paid, especially if you ever need it. In a recent study of 1,000 drivers, the average customer overpays more than $750 every year so we recommend shopping around every year to be sure current rates are still competitive.

Arlington auto insurance company ratings

Picking the best car insurance provider is difficult considering how many companies there are to choose from in Texas. The ranking information displayed below could help you choose which insurers you want to consider when comparing rates.

Top 10 Arlington Car Insurance Companies Ranked by Value

  1. Mercury Insurance
  2. Travelers
  3. American Family
  4. AAA Insurance
  5. Safeco Insurance
  6. Progressive
  7. The Hartford
  8. The General
  9. 21st Century
  10. Esurance

Top 10 Arlington Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance