Finding affordable auto insurance for a Toyota Highlander is dependent upon many different factors such as whether you are male or female, your credit rating, and driving violations and tickets. Drivers in Texas pay approximately $1,301 each year for Highlander insurance, but that figure is a valuation based on a 50-year-old single male driver with full coverage and $250 deductibles.
This brings up the issue that more than likely you may not be 50 years old (or even male), you might be married instead of single, or maybe you have a speeding ticket or two that will increase rates. Even a slight change in the criteria used to calculate rates can result in a massive change in how much coverage for a Toyota Highlander costs.
Everone’s needs are different, and this illustrates why the only way to find cheap car insurance rates for your Toyota is to do your own rate comparisons. It only takes a few minutes and you will be able to compare rates from the best companies that sell coverage in Texas.
The trim level of your Highlander impacts the cost of insurance, so the price you will be charged to insure a Highlander 2WD model will be $246 lower than the price to insure the more costly Highlander Hybrid Limited 4WD trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Highlander Sport 4WD||$286||$512||$430||$26||$128||$1,382||$115|
|Highlander SE 2WD||$286||$512||$430||$26||$128||$1,382||$115|
|Highlander Sport 2WD||$286||$512||$430||$26||$128||$1,382||$115|
|Highlander Limited 2WD||$318||$602||$430||$26||$128||$1,504||$125|
|Highlander SE 4WD||$318||$602||$430||$26||$128||$1,504||$125|
|Highlander Limited 4WD||$318||$602||$430||$26||$128||$1,504||$125|
|Highlander Hybrid 4WD||$318||$602||$430||$26||$128||$1,504||$125|
|Highlander Hybrid Limited 4WD||$318||$602||$430||$26||$128||$1,504||$125|
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Rate quotes do not factor in the specific area where the vehicle is garaged which can increase or decrease prices considerably.
Determining which companies quote the best car insurance rates for a Toyota Highlander takes a little more work in order to find a policy that fits your budget.
Each auto insurer uses a slightly different approach to set their prices, so we will examine the car insurance companies with the overall cheapest rates in Arlington. It’s a good idea to know that Texas car insurance rates are based on many factors that can increase the price you have to pay for coverage. Improving your credit rating, moving to a new city, or getting a ticket for running a stop sign can trigger rate changes that can cause some rates to be more affordable than others.
Lowest Insurance Price Quotes for Your Highlander
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,247|
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Travelers generally has some of the cheapest car insurance rates in Arlington at around $1,021 per year. This is $883 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also qualify as some of the cheapest Arlington, TX insurance companies.
In this example, if you buy coverage from Texas Farm Bureau and switched to Travelers, you could realize a yearly price reduction of about $226. Policyholders with Germania Mutual could save as much as $273 a year, and Esurance insureds might lower prices by $400 a year.
Remember that these rates are averaged for all drivers and vehicles in Texas and and are not figured with a specific zip code for a Toyota Highlander. So the car insurance company that has the cheapest price for you may not even be in the top 23 companies shown above. That helps illustrate why you need to compare rates from as many companies as possible using your own driver data and vehicle information.
How accidents and violations affect rates in Arlington
One of the best ways to earn the cheapest car insurance prices in Texas for a Highlander is to drive cautiously and not receive tickets or have accidents. The information below highlights how traffic violations and at-fault fender-benders influence insurance costs for different age groups. The costs are based on a married female driver, full coverage, $500 deductibles, and no policy discounts are applied.
The data charted above shows the average cost of a car insurance policy in Texas per year with a clean driving record and no accidents is $1,666. Get written up for one speeding ticket and the average cost surges to $1,941, an increase of $275 each year. Now add two accidents along with the one speeding ticket and the annual cost of car insurance for a Toyota Highlander increases to an average of $4,385. That’s an increase of $2,719, or $227 per month, just for a couple of infractions!
Discounts on Arlington car insurance
Insurers that provide policies for a Toyota Highlander could also offer special discounts that can reduce rates by as much as 30% if you meet the requirements. Companies and their offered discounts are included below.
- Progressive policyholders can earn discounts including multi-vehicle, continuous coverage, online quote discount, online signing, and multi-policy.
- Farmers Insurance discounts include pay in full, distant student, good student, switch companies, and mature driver.
- Farm Bureau includes discounts for renewal discount, youthful driver, driver training, multi-vehicle, safe driver, 55 and retired, and multi-policy.
- State Farm offers premium reductions for multiple autos, Drive Safe & Save, passive restraint, good driver, defensive driving training, and driver’s education.
- GEICO has discounts for anti-lock brakes, anti-theft, defensive driver, membership and employees, and multi-policy.
- SAFECO may have discounts that include teen safety rewards, drive less, teen safe driver, anti-lock brakes, anti-theft, and safe driver.
- Liberty Mutual may include discounts for new vehicle discount, newly retired, good student, teen driver discount, exclusive group savings, and preferred payment discount.
The diagram below compares auto insurance rates with and without discounts applied to the policy premium. The data assumes a male driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with multiple vehicle, anti-theft, accident-free, claim-free, safe-driver, and homeowner discounts applied. When drivers qualify for the discounts, the average savings per year on car insurance for a Toyota Highlander is 28% or $729.
Why you should be comparing rates
Arlington, TX car insurance rates are influenced by many factors which can significantly increase or decrease the policy price. Simply having a birthday, filing a claim, or getting a DUI can trigger price changes that can now make some companies cheaper in comparison to the competition.
And not only may your rating factors change, but insurance companies amend pricing every year in order to offset underwriting gains or losses. A period of increased losses can result in more expensive prices, while lower claim levels may cause cheaper Highlander insurance rates.
To illustrate this example, the bar chart below shows the companies that have the cheapest car insurance in Arlington, TX for a 45-year-old female driver with no violations or accidents, and great credit. If we look at prices based on her current risk profile, Travelers might quote the best car insurance rates in Arlington at $1,137 annually. This is $767 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remainder of the most affordable Arlington, TX auto insurance companies.
Now let’s give the driver from the first set of rates a chargeable accident, poor credit, and a speeding citation. Because each company has a unique formula for setting rates, comparing rates could result in a slightly different list of cheap Arlington auto insurance companies as shown below.
State Farm now has the lowest car insurance rate in Arlington with Mercury, USAA, Nationwide, and Safe Auto also having competitive pricing. This example shows why drivers need to do a thorough rate comparison to get the most affordable insurance rates for a Toyota Highlander.
Insurance rates are influenced by many different factors and change substantially, so the cheapest company when you last compared rates may now not even be in the top five.
How to find low-cost insurance for a Toyota Highlander
It’s not impossible to find cheaper rates, and here are a few penny-pinching suggestions that can help Arlington drivers get cheaper auto insurance.
- At-fault accidents will increase rates
- Claim-free policyholders usually earn a discount
- Safer vehicles cost less to insure
- Good credit scores may make rates cheaper
- Be a cautious driver
- Compare quotes from other companies often
That last idea is very crucial, as was emphasized in the prior article. Insurance rates fluctuate constantly, so drivers shouldn’t be resistant to buy a different policy if a more affordable rate is found. Sticking with a specific company is fine, but it’s not a good idea if that loyalty results in overpaying a lot of money. Take a couple minutes and shop around and find cheaper auto insurance for a Toyota Highlander in Arlington.
The agents below can answer your questions and help you decide which insurance coverage you need, since lots of people like to get help from a professional when trying to find the best insurance rates for a Highlander. It’s not always easy to find the cheapest car insurance policy, and using a licensed agent can bring peace of mind knowing your policy gives you adequate protection. To find an Arlington insurance agency near you, click the link after the list or click here to compare prices now.
- Shane Ferrell Insurance Agency
3926 W Pioneer Pkwy – Arlington, TX 76013 – (817) 635-4663
- Allstate Insurance: Gary Tongate
1814 N Cooper St – Arlington, TX 76011 – (817) 861-3422
- Pattillo Insurance Agency
3825 W Green Oaks Blvd Suite 250 – Arlington, TX 76016 – (972) 218-1723
- ABC Insurance Agencies
816 E Abram St #106 – Arlington, TX 76010 – (817) 261-1300
- Jesus Sanchez – State Farm Insurance Agent
3330 Matlock Rd #124 – Arlington, TX 76015 – (817) 468-3338