Affordable Toyota Sienna Insurance in Lubbock

Insurance quote for Toyota Sienna in LubbockIt takes a little time, but the best way to find cheaper prices for car insurance rates in Lubbock is to compare prices at least once a year from providers who provide car insurance in Texas.

Step 1: Take a little time to learn about individual coverages and the changes you can make to drop your rates. Many things that cause rate increases such as traffic citations, accidents, and an unacceptable credit history can be controlled by paying attention to minor details.

Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like Progressive or State Farm, while independent agents can quote prices for a wide range of insurance providers. View insurance agents

Step 3: Compare the new rate quotes to your current policy premium and determine if cheaper Sienna coverage is available in Lubbock. If you can save money, make sure there is no coverage gap between policies.

One bit of advice is to compare identical limits and deductibles on each quote request and and to get price estimates from as many different companies as possible. This guarantees an apples-to-apples comparison and many rates to choose from.

It’s an obvious statement that car insurance companies don’t want you shop around. People who shop around at least once a year will, in all likelihood, move their business because the odds are good of getting low-cost coverage. A recent survey revealed that consumers who routinely shopped around saved an average of $3,400 over four years compared to those who didn’t regularly shop around.

If finding budget-friendly auto insurance in Lubbock is your objective, then learning a little about how to find companies and compare coverage rates can make it easier to shop your coverage around.

Our goal in writing this article tell you the best ways to compare prices and how to save the most money. If you have a policy now, you will definitely be able to find the best rates using the techniques covered below. Drivers just need to learn the most effective way to quote multiple rates instantly.

Finding a better price on auto insurance is actually easier than you may think. All you need to do is take the time to compare rate quotes online with multiple companies.

It’s so simple to compare auto insurance quotes online takes the place of having to drive around to insurance agents’ offices. The ability to get quotes online reduces the need to sit down with an agent unless you have a need for the extra assistance that you can only get from talking to an agent. Although, it is possible get prices online but purchase the actual policy in an agency.

The companies in the list below are ready to provide free rate quotes in Texas. If your goal is to find cheap car insurance in Texas, it’s highly recommended you visit several of them to find the most affordable car insurance rates.

Premium rates and analysis

The premium table displayed below covers detailed analysis of insurance rates for Toyota Sienna models. Having a better idea how insurance policy rates are calculated can aid in making decisions on which insurance to purchase.

Toyota Sienna Insurance Rates in Lubbock, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sienna CE $152 $352 $496 $30 $148 $1,178 $98
Sienna LE $174 $352 $496 $30 $148 $1,200 $100
Sienna LE AWD $174 $352 $496 $30 $148 $1,200 $100
Sienna XLE $174 $352 $496 $30 $148 $1,200 $100
Sienna XLE AWD $174 $416 $496 $30 $148 $1,264 $105
Sienna Limited $198 $416 $496 $30 $148 $1,288 $107
Sienna Limited AWD $198 $416 $496 $30 $148 $1,288 $107
Get Your Own Custom Quote Go

Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rate quotes do not factor in Lubbock location which can increase or decrease coverage rates substantially.

Should you raise deductibles?

One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The comparisons below may help to illustrate the costs and benefits when you choose different deductibles. The first data set uses a $250 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Toyota Sienna insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sienna CE $256 $496 $382 $22 $114 $1,295 $108
Sienna LE $294 $496 $382 $22 $114 $1,333 $111
Sienna LE AWD $294 $496 $382 $22 $114 $1,333 $111
Sienna XLE $294 $496 $382 $22 $114 $1,333 $111
Sienna XLE AWD $294 $584 $382 $22 $114 $1,421 $118
Sienna Limited $332 $584 $382 $22 $114 $1,459 $122
Sienna Limited AWD $332 $584 $382 $22 $114 $1,459 $122
Get Your Own Custom Quote Go

Toyota Sienna insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sienna CE $158 $312 $382 $22 $114 $988 $82
Sienna LE $182 $312 $382 $22 $114 $1,012 $84
Sienna LE AWD $182 $312 $382 $22 $114 $1,012 $84
Sienna XLE $182 $312 $382 $22 $114 $1,012 $84
Sienna XLE AWD $182 $368 $382 $22 $114 $1,068 $89
Sienna Limited $206 $368 $382 $22 $114 $1,092 $91
Sienna Limited AWD $206 $368 $382 $22 $114 $1,092 $91
Get Your Own Custom Quote Go

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

Using the premium rates above, we can conclude that using a $250 deductible costs an average of $29 more each month or $348 annually averaged for all Sienna models than buying the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 26 months between claim filings, you would save money by selecting a higher deductible. The numbers below show the way you can do this calculation yourself.

Average monthly premium for $250 deductibles: $115
Average monthly premium for $1,000 deductibles (subtract): – $86
Monthly savings from raising deductible: $29
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $29
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 26 months

How accidents and violations affect rates in Lubbock

The information below shows how traffic citations and at-fault fender-benders raise Toyota Sienna insurance premiums for different ages of insureds. The data assumes a single female driver, full coverage, $250 deductibles, and no discounts are taken into consideration.

Cost difference between full coverage and liability

The chart below shows the difference between Toyota Sienna car insurance costs with full physical damage coverage compared to only buying liability only. The costs are based on no claims or violations, $500 deductibles, single status, and no additional discounts are factored in.

When to drop comprehensive and collision coverage

There is no written rule of when to exclude physical damage coverage, but there is a general guideline. If the yearly cost of full coverage is more than about 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your Toyota Sienna replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $3,000 after the policy deductible has been paid. If you are paying in excess of $300 a year for your policy with full coverage, then you might want to think about dropping full coverage.

There are a few cases where dropping physical damage coverage is not in your best interest. If you still owe money on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Five Tips to Get Lower-cost Lubbock Insurance Costs

Part of the auto insurance buying process is learning some of the elements that are used to determine your premiums. If you have some idea of what determines base rates, this enables informed choices that may reward you with big savings.

Three main reasons to buy car insurance

Even though it can be expensive, maintaining insurance is most likely required but also gives you several important benefits.

The benefits of carrying adequate insurance are definitely more than the cost, particularly if you ever have a claim. But the average driver in Texas overpays as much as $855 a year so you should quote rates once a year at a minimum to ensure rates are competitive.

Best auto insurance company in Texas

Choosing the right insurance provider is difficult considering how many companies provide coverage in Lubbock. The ranking information in the next section can help you pick which car insurance providers to look at buying from.

Top 10 Lubbock Car Insurance Companies Overall

  1. Travelers
  2. USAA
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Allstate
  7. State Farm
  8. The Hartford
  9. Safeco Insurance
  10. Progressive

Top 10 Lubbock Car Insurance Companies Ranked by Customer Service

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General