How long has it been since you shopped around for more affordable Toyota Highlander insurance in Phoenix? Confused by the wide range of insurance providers that you can choose from? You’re not alone. Consumers have such a large number of options that it can easily become a real challenge to find the best prices for Toyota Highlander insurance in Phoenix. Phoenix has lots to offer, but pricey insurance can make it hard for many residents to meet other financial obligations.
Statistics show that a large majority of drivers kept their coverage with the same insurance company for at least the last four years, and almost half have never even compared rates from other companies. Phoenix drivers could cut their rates by almost 50% a year just by getting comparison quotes, but they just don’t understand the large savings they would see if they bought a different policy.
Choosing the best rates in Phoenix can initially seem challenging. In a nutshell, every driver who carries insurance will more than likely find lower prices. Nevertheless, Arizona consumers need to have an understanding of how big insurance companies calculate your policy premium because rates are impacted by many factors.
Most major insurance companies make it easy to get price estimates online. Getting online quotes for Toyota Highlander insurance in Phoenix is very simple as you just enter your required coverages into a form. After you complete the form, their system collects information on your driving record and credit history and returns a price determined by many factors.
Being able to quote online for Toyota Highlander insurance in Phoenix helps simplify price comparisons, and it’s absolutely necessary to do this if you want to get the lowest payment possible.
To quickly get comparison pricing now, take a look at the companies shown below. If you have a policy now, it’s recommended you copy coverages and limits identical to your current policy. Doing this guarantees you will have an apples-to-apples comparison based on identical coverages.
The providers in the list below provide free quotes in Phoenix, AZ. If several companies are displayed, we suggest you compare several of them to get a more complete price comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $250 | $376 | $306 | $18 | $92 | $1,042 | $87 |
| Highlander 4WD | $124 | $204 | $282 | $16 | $84 | $710 | $59 |
| Highlander Sport 4WD | $282 | $456 | $306 | $18 | $92 | $1,154 | $96 |
| Highlander SE 2WD | $292 | $466 | $300 | $18 | $90 | $1,166 | $97 |
| Highlander Sport 2WD | $282 | $456 | $306 | $18 | $92 | $1,154 | $96 |
| Highlander Limited 2WD | $270 | $370 | $392 | $24 | $118 | $1,174 | $98 |
| Highlander SE 4WD | $228 | $420 | $390 | $24 | $116 | $1,178 | $98 |
| Highlander Limited 4WD | $164 | $266 | $308 | $18 | $92 | $848 | $71 |
| Highlander Hybrid 4WD | $230 | $364 | $306 | $18 | $92 | $1,010 | $84 |
| Highlander Hybrid Limited 4WD | $182 | $308 | $282 | $16 | $84 | $872 | $73 |
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Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Price estimates do not factor in the specific area where the vehicle is garaged which can influence premiums substantially.
Comparison of auto insurance rates by gender
The information below visualizes the comparison of Toyota Highlander premium costs for male and female drivers. The data is based on no accidents, no driving violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no other discounts are factored in.
Full coverage versus liability only rates
The example below shows the difference between Toyota Highlander insurance costs when comparing full coverage to liability only. The rates are based on no driving violations, no at-fault accidents, $500 deductibles, single male driver, and no additional discounts are factored in.
When to drop comprehensive and collision
There is no exact formula to stop buying comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Toyota Highlander settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after paying your deductible. If it’s costing you more than $200 a year for full coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where dropping full coverage is not recommended. If you haven’t satisfied your loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage.
Impact of violations and accidents on rates in Phoenix
The diagram below illustrates how violations and accidents can raise Toyota Highlander insurance premiums for each different age group. The data assumes a single male driver, full coverage, $500 deductibles, and no discounts are factored in.
Car insurance discounts help lower rates for Toyota Highlander insurance in Phoenix
Car insurance is neither fun to buy or cheap, but you might be missing out on some discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically at quote time, but occasionally some discounts must be manually applied prior to receiving the credit.
- Senior Citizen Discount – Mature drivers can possibly qualify for lower premium rates.
- Low Miles Discount – Fewer annual miles on your Toyota may allow you to get lower premium rates on the low mileage vehicles.
- New Vehicle Savings – Putting insurance coverage on a new Highlander can save up to 30% compared to insuring an older model.
- Policy Bundle Discount – When you have multiple policies and insure them with the same company you could earn a discount of at least 10% off all policies.
- Defensive Driver Discount – Completing a defensive driving class could save 5% or more and also improve your driving technique.
- Organization Discounts – Having an affiliation with qualifying employment or professional organizations is a good way to get lower rates on your next car insurance statement.
- Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
Consumers should know that most discounts do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, you aren’t that lucky.
Companies and a summarized list of policyholder discounts can be found below.
- Progressive offers discounts for homeowner, online signing, multi-vehicle, good student, multi-policy, and online quote discount.
- GEICO may include discounts for five-year accident-free, seat belt use, multi-policy, military active duty, anti-lock brakes, driver training, and defensive driver.
- State Farm offers premium reductions for multiple policy, multiple autos, good student, safe vehicle, and good driver.
- Esurance has discounts for claim free, homeowner, anti-lock brakes, anti-theft, DriveSense, and online shopper.
- The Hartford may offer discounts for driver training, bundle, good student, defensive driver, and air bag.
Before purchasing a policy, check with each insurance company how many discounts you can get. Discounts may not be offered everywhere. If you would like to see a list of providers that offer some of these discounts in Phoenix, click here to view.
Smart Buyers Know How to Find Insurance More Affordably
One of the most helpful ways to save on insurance is to to have a grasp of some of the elements that aid in calculating insurance rates. If you know what determines premiums, this allows you to make educated decisions that may reward you with lower rates.
The following are some of the items that factor into rates.
Consolidate and save – Some companies provide discounts to buyers who consolidate policies with them in the form of a multi-policy discount. If you currently are using one company, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible.
Gender and car insurance prices – Statistics show females are less aggressive when driving. However, don’t assume that females are better drivers. Females and males cause auto accidents at a similar rate, but males have costlier accidents. Not only that, but men also receive more major tickets like reckless driving and DUI.
A insurance lapse can increase rates – Letting your insurance expire is a fast way to increase your insurance rates. In addition to paying higher rates, not being able to provide proof of insurance could result in a fine, jail time, or a revoked license.
More performance means more cost – The make and model of the car you own makes a big difference in the rate you pay. The lowest base rates will normally be found when insuring low performance passenger models, but there are many factors that impact the final cost. Since the Toyota Highlander is considered a standard SUV, rates will be slightly more when compared to the average rates in Phoenix.
Toyota Highlander insurance loss data – Companies include the past claim trends for vehicles to calculate a rate that offsets possible losses. Vehicles that have a higher amount or frequency of claims will have higher premium rates.
The table shown below demonstrates the historical loss data for Toyota Highlander vehicles. For each coverage type, the loss probability for all vehicles, as an average, is set at 100. Values below 100 mean the vehicle has better than average losses, while values that are 100 or greater show a trend for more claims or statistically larger losses.
Toyota Highlander Insurance Claim Statistics
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Highlander 4dr 2WD | 88 | 82 | 94 | 94 | 78 | 75 |
| Toyota Highlander 4dr 4WD | 95 | 86 | 117 | 88 | 74 | 78 |
| Toyota Highlander Hybrid 4dr 4WD | 111 | 143 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Neighborhood agents and car insurance
Some people still like to sit down with an agent. One of the great benefits of comparing rates online is the fact that drivers can get cheap rate quotes and still have a local agent.
To find an agent, once you fill out this short form, the quote information gets sent to participating agents in Phoenix that can provide free Phoenix car insurance quotes for your business. There is no reason to even leave your home since rate quotes are delivered immediately to your email address. You can find the lowest rates and work with a local agent. If you need to get a rate quote from a specific car insurance provider, you just need to find their quoting web page to submit a rate quote request.
Finding a good insurance company requires more thought than just a cheap price. Any agent in Phoenix should be willing to answer these questions.
- Do they review policy coverages at every renewal?
- Do the coverages you’re quoting properly cover your vehicle?
- Which companies can they place coverage with?
- Which members of your family are coverage by the policy?
- Will they give you a referral list?
- Is the agency involved in supporting local community causes?
- By raising physical damage deductibles, how much would you save?
- Does the agency have a current Errors and Omissions policy?
Different types of Phoenix car insurance agents
If you want to buy car insurance from a reliable insurance agency, you need to know there are two different types of agencies and how they are slightly different. Phoenix agents are considered either independent or exclusive depending on the company they work for.
Exclusive Car Insurance Agencies
These type of agents write business for a single company and examples are Allstate, Farmers Insurance, State Farm, and AAA. They are unable to compare other company’s rates so they are skilled at selling on more than just price. Exclusive insurance agents are very knowledgeable on what they offer and that can be a competitive advantage. Some insured continue to buy from exclusive agents mostly because of the brand name rather than low price.
The following is a list of exclusive insurance agents in Phoenix that can give you price quote information.
- American Family Insurance – Luke Shafer
1717 E Bell Rd #7 – Phoenix, AZ 85022 – (602) 788-5359 – View Map - Marcella Busto – State Farm?? Insurance Agent
3401 N 32nd St B – Phoenix, AZ 85018 – (602) 955-5450 – View Map - Jan McDaniel – State Farm Insurance Agent
4030 E Bell Rd #112 – Phoenix, AZ 85032 – (602) 266-2050 – View Map
Independent Agents
These type of agents are not required to write business for one company so as a result can place your coverage through many different car insurance companies and get you the best rates possible. If they find a cheaper price, they simply move your policy to a different company which requires no work on your part. If you need lower rates, we highly recommend that you compare quotes from several independent insurance agents in order to have the best price comparison. They often place coverage with companies you’ve never heard of which may have better rates.
Shown below are Phoenix independent agencies willing to provide comparison quotes.
- Travelers Insurance
22601 N 19th Ave #216 – Phoenix, AZ 85027 – (623) 572-0032 – View Map - LA Insurance Agency
7602 S Central Ave – Phoenix, AZ 85042 – (602) 276-0002 – View Map - General Southwest Insurance Agency
5628 E Thomas Rd – Phoenix, AZ 85018 – (480) 990-1900 – View Map
Once you have positive feedback as well as affordable Toyota Highlander insurance rates in Phoenix quotes, it’s possible that you found an insurance agent that meets the requirements to service your policy. Keep in mind you are entitled to cancel a policy at any point so never feel that you are permanently stuck with the car insurance policy indefinitely.
Do I need special coverages?
When choosing the best auto insurance coverage, there is no “best” method to buy coverage. Every situation is different.
These are some specific questions might help in determining whether or not you might need an agent’s assistance.
- Do I have coverage when pulling a U-Haul trailer?
- Am I covered when driving in Canada or Mexico?
- Does my policy cover me if I wreck while driving under the influence?
- Can my babysitter drive my car?
- Is other people’s property covered if stolen from my vehicle?
- Am I covered when delivering products for my home-based business?
- Where can I find high-risk insurance?
- Am I covered if I hit a deer?
- Am I covered if hit by an uninsured driver?
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form.
One last thing about your coverage
As you prepare to switch companies, never skimp on critical coverages to save a buck or two. Too many times, drivers have reduced physical damage coverage only to regret they didn’t purchase enough coverage. The goal is to buy enough coverage at the best possible price, but do not skimp to save money.
Some companies don’t offer the ability to get quotes online and these regional carriers only sell through local independent agencies. Lower-priced insurance in Phoenix can be found both online and also from your neighborhood Phoenix agents, and you need to comparison shop both to have the best selection.
Insureds change insurance companies for a number of reasons such as not issuing a premium refund, lack of trust in their agent, high prices or policy non-renewal. No matter why you want to switch, finding the right insurance provider is pretty simple and you could end up saving a buck or two.
Additional insurance information can be found on the following sites:
- Driving in Bad Weather (Insurance Information Institute)
- How Much is Phoenix Auto Insurance for Drivers with a DUI? (FAQ)
- Who Has the Cheapest Car Insurance Quotes with Multiple Speeding Tickets in Phoenix? (FAQ)
- Who Has Affordable Auto Insurance for a Jeep Wrangler in Phoenix? (FAQ)
- Neck Injury FAQ (iihs.org)
- Older Driver Statistics (Insurance Information Institute)
- Distracted Driving Statistics (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)