Are you researching low-cost Toyota Sienna insurance in Phoenix? Paying for expensive Toyota Sienna insurance in Phoenix can dwindle your savings account and make it hard to pay other bills. Performing a rate comparison is an excellent way to reduce premiums and put more money in your pocket.
Unimaginable but true, 70% of consumers kept buying from the same company for at least four years, and approximately 38% of consumers have never shopped around. Arizona insurance shoppers could pocket almost 50% a year just by comparing rates, but they don’t invest the time required to find affordable rates by getting comparison quotes. Companies like Allstate, Progressive and GEICO persitently shower you with ad campaigns and it is difficult to ignore the propaganda and do the work needed to find the best deal.
It’s important to do price comparisons on a regular basis because insurance prices tend to go up over time. Even if you got the best rates on Toyota Sienna insurance in Phoenix six months ago you can probably find a better rate quote now. There is a lot of wrong information about Sienna insurance online but you can learn the best ways to stop overpaying for insurance in Phoenix.
If you’re already insured or want to find a cheaper company, use these techniques to find the best rates while maintaining coverages. Buying the cheapest auto insurance in Phoenix is quite easy if you know the best way to do it. Smart shoppers just have to learn the fastest way to buy auto insurance from multiple carriers.
The companies shown below offer comparison quotes in Phoenix, AZ. If multiple companies are listed, we suggest you get rates from several of them in order to find the lowest rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sienna CE | $218 | $456 | $306 | $18 | $92 | $1,090 | $91 |
| Sienna LE | $146 | $268 | $288 | $18 | $86 | $806 | $67 |
| Sienna LE AWD | $180 | $356 | $390 | $24 | $116 | $1,066 | $89 |
| Sienna XLE | $112 | $208 | $288 | $18 | $86 | $712 | $59 |
| Sienna XLE AWD | $200 | $450 | $338 | $20 | $102 | $1,110 | $93 |
| Sienna Limited | $292 | $548 | $300 | $18 | $90 | $1,248 | $104 |
| Sienna Limited AWD | $238 | $424 | $308 | $18 | $92 | $1,080 | $90 |
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Cost estimates assume married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Premium costs do not factor in your specific Phoenix location which can decrease or increase coverage rates considerably.
An analysis of deductible level
The diagram below shows how choosing a deductible and can increase or decrease Toyota Sienna annual premium costs for different age groups. The prices are based on a single male driver, full coverage, and no discounts are factored in.
How accidents and violations affect rates in Phoenix
The example below demonstrates how citations and fender-benders impact Toyota Sienna insurance prices for different age groups. The premiums are based on a married male driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
How much more does full coverage cost?
The diagram below visualizes the comparison of Toyota Sienna insurance rates with and without full coverage. The data assumes a clean driving record, no claims, $500 deductibles, single female driver, and no discounts are applied.
When to drop comprehensive and collision coverage
There is no exact formula to delete full coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s assume your Toyota Sienna settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $2,000 after paying your deductible. If it’s costing in excess of $200 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.
There are some situations where only buying liability is not advised. If you still owe money on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.
Cheaper Toyota Sienna insurance in Phoenix
Car insurance is not cheap, but there’s a good chance there are discounts that could drop your premiums quite a bit. Some discounts apply automatically when you quote, but some discounts are required to be inquired about in order for you to get them.
- Theft Deterrent Discount – Cars and trucks equipped with anti-theft or alarm systems are stolen with less frequency and will qualify for a discount on a Phoenix auto insurance quote.
- Multi-line Discount – Select insurance companies reward you with lower insurance rates if you buy a life insurance policy as well.
- Low Mileage Discounts – Driving less may enable drivers to earn lower prices on the low mileage vehicles.
- Paper-free Discount – A few larger online companies will give you a small discount shop Phoenix auto insurance on the web.
- Good Students Pay Less – Excelling in school could provide a savings of up to 20% or more. The discount lasts well after school through age 25.
- Data Collection Discounts – Phoenix drivers who agree to allow their insurance company to look at driving habits by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they exhibit good driving behavior.
- Discounts for Cautious Drivers – Drivers who avoid accidents may save up to 50% more compared to accident prone drivers.
- Anti-lock Brakes – Cars and trucks with anti-lock braking systems are much safer to drive and will save you 10% or more on Sienna insurance in Phoenix.
- Driver Safety – Taking a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears all those discounts means the company will pay you, it’s just not the way it works.
If you would like to choose from a list of insurers that offer some of these discounts in Phoenix, click here.
Insurance Cost Influencing Factors
Multiple criteria are used when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but some are less apparent such as your marital status and annual miles driven.
Shown below are just a few of the factors companies use to determine your rate level.
Gender and insurance coverage prices – The statistics show women are more cautious behind the wheel. However, don’t assume that males are worse at driving than females. Females and males cause auto accidents at a similar rate, but the men have accidents that have higher claims. They also get ticketed for serious violations like driving under the influence (DUI).
High performance equals high prices – The performance level of the vehicle you need insurance for makes a significant difference in the rate you pay. The best insurance prices tend to be for low performance passenger cars, but many other things help determine your insurance rates. Since the Toyota Sienna is a van and minivan, insuring your vehicle will cost similar in price as compared to the average rate in Phoenix.
Claim-free discounts can add up – If you file a lot of claims you can pretty much guarantee either policy cancellation or increased premiums. Companies in Arizona give the best rates to people who only file infrequent claims. Auto insurance is meant to be used in the event of claims that pose a financial burden.
How many coverages with the same company – Most insurance companies afford better rates to buyers that have more than one policy, otherwise known as a multi-policy discount. Discounts can amount to as much as ten percent or more Even if you’re getting this discount it’s always a smart idea to compare other Phoenix Sienna insurance rates to confirm you are receiving the best rates possible.There is a good possibility that you can find better rates by buying from different companies
Being married pays dividends – Walking down the aisle may cut your premiums on your policy. Marriage usually means you are more stable financially it has been statistically shown that married drivers get in fewer accidents.
Your location is important – Choosing to live in less populated areas of the country is a positive aspect when talking about auto insurance. Drivers in populated areas regularly have more auto accidents and more time behind the wheel. Less people translates into fewer accidents in addition to fewer liability claims.
Do you save by driving less? – Driving more miles every year the more you’ll pay to insure your vehicle. Most companies charge to insure your cars determined by how the vehicle is used. Cars and trucks that sit idle most of the time qualify for better rates than cars that get driven a lot. An improperly rated Sienna may be wasting your money. Ask your agent if your vehicle rating is showing the proper vehicle usage, because improper ratings can cost you money.
Raise your comp and collision deductibles for better rates – Physical damage deductibles are how much you are required to spend if you file a covered claim. Physical damage protection, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of some claims that would be covered would be rearending another vehicle, animal collisions, or theft of your vehicle. The larger the amount you are required to pay out-of-pocket, the less your auto insurance will be.
Loss probability for a Toyota Sienna – Insurance companies analyze historical claim data in order to profitably underwrite each model. Vehicles that tend to have higher claim amounts or frequency will have increased rates. The information below illustrates the collected loss data for Toyota Sienna vehicles.
For each policy coverage, the claim amount for all vehicles averaged together equals 100. Percentages below 100 are indicative of better than average losses, while values that are 100 or greater point to more losses or a tendency for claims to be larger.
Toyota Sienna Insurance Claim Statistics
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Sienna 2WD | 99 | 88 | 99 | 94 | 98 | 85 |
| Toyota Sienna 4WD | 106 | 94 | 102 | 75 | 65 | 73 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Do I need an insurance agency?
Many people still like to talk to an insurance agent and often times that is recommended Professional agents can help determine the best coverages and will help you if you have claims. The biggest benefit of getting free rate quotes online is that you can find better rates and still choose a local agent.
Once you complete this simple form, your insurance data is submitted to agents in your area that provide free Phoenix auto insurance quotes for your insurance coverage. You won’t even need to even leave your home because prices are sent to the email address you provide. In the event you want to get a price quote from a particular provider, don’t hesitate to search and find their rate quote page and fill out their quote form.
Picking the best insurer requires more thought than just the premium amount. These are some valid questions you should ask.
- What is their Better Business Bureau rating?
- Are you getting all the discounts the company offers?
- Do they reduce claim amounts on high mileage vehicles?
- Is the agency covered by Errors and Omissions coverage?
- How is replacement cost determined on your vehicle?
Phoenix auto insurance agents are either independent or exclusive
When looking for a local Phoenix insurance agency, it’s important to understand the types of insurance agents and how they can quote your rates. Insurance agents in Phoenix can either be exclusive or independent. Either one can write insurance policies, but it is a good idea to know how they differ because it can factor into your selection of an agent.
Exclusive Insurance Agencies
Agents of this type can only provide pricing for a single company and examples are Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents cannot compare other company’s rates so it’s a take it or leave it situation. They are well schooled on their products and sales techniques which can be an advantage.
Shown below is a short list of exclusive insurance agents in Phoenix that are able to give price quotes.
Chris Bolton – State Farm Insurance Agent
1630 N 7th St – Phoenix, AZ 85006 – (602) 252-1330 – View Map
Jim Nork – State Farm Insurance Agent
1600 W Camelback Rd #1a – Phoenix, AZ 85015 – (602) 222-9400 – View Map
American Family Insurance – Luke Shafer
1717 E Bell Rd #7 – Phoenix, AZ 85022 – (602) 788-5359 – View Map
Independent Agents (or Brokers)
Agents of this type are appointed with more than one company so they can insure your vehicles amongst many companies and possibly get better coverage at lower prices. If they find a cheaper price, they simply switch companies in-house and the insured can keep the same agent.
When comparing insurance rates, it’s recommended you compare quotes from several independent insurance agents so that you have a good selection of quotes to compare.
Listed below is a short list of independent agents in Phoenix willing to provide rate quotes.
Horizon Insurance Group
2880 E Northern Ave #100 – Phoenix, AZ 85028 – (602) 992-9750 – View Map
Independent Insurance Agents
333 E Flower St – Phoenix, AZ 85012 – (602) 956-1851 – View Map
Farmer-Leavitt Insurance Agency
919 N 1st St – Phoenix, AZ 85004 – (602) 264-0566 – View Map
How to know if you need help
When it comes to buying insurance from an agent or online, there really is not a “best” method to buy coverage. Every situation is different.
For instance, these questions may help highlight whether or not you will benefit from professional help.
- Is there coverage for my trailer?
- How can I find cheaper teen driver insurance?
- Can I get a multi-policy discount?
- How much can I save by bundling my policies?
- Am I covered if I have no license?
- How can I get the company to pay a claim?
- What is UM/UIM insurance?
If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It only takes a few minutes and can help protect your family.
Ads can be misleading
Arizona consumers can’t escape the ads that promise big savings for switching from companies such as State Farm, GEICO and Progressive. They all seem to advertise the message that drivers can save some big amount just by moving your policy.
How does every company give you a lower rate on Toyota Sienna insurance in Phoenix? It’s all in the numbers.
All the different companies provide the lowest rates for the type of customer that earns them a profit. A good example of a profitable insured may need to be between 25 and 40, has never had a policy lapse, and insures a new vehicle. Anyone that fits those parameters will probably get the lowest rates as well as save when switching.
Consumers who don’t qualify for those standards may be required to pay a more expensive rate and this can result in business not being written. The ads state “people who switch” but not “all drivers who get quotes” can save as much as they claim. That’s the way companies can claim big savings. This illustrates why you should do a quote comparison often. It is just not possible to predict the company that will fit you best based on your risk profile.
Cheaper coverage is out there
Consumers change insurance companies for a variety of reasons including questionable increases in premium, policy non-renewal, not issuing a premium refund or policy cancellation. Regardless of your reason, choosing a new insurance company is actually quite simple.
We covered many ideas to shop for Toyota Sienna insurance online. The key concept to understand is the more quotes you get, the better your comparison will be. Consumers may even find the best prices are with a lesser-known regional company.
Cheaper Toyota Sienna insurance in Phoenix can be purchased both online and from local insurance agents, so you need to quote Phoenix auto insurance with both so you have a total pricing picture. Some insurance companies do not provide internet price quotes and usually these small insurance companies prefer to sell through local independent agents.
Other resources
- Things to Know Before you Cancel Insurance (Allstate)
- Who Has the Cheapest Auto Insurance Quotes for a Ford F-150 in Phoenix? (FAQ)
- Who Has Cheap Auto Insurance for a Toyota Tacoma in Phoenix? (FAQ)
- How Much is Phoenix Auto Insurance After a Speeding Ticket? (FAQ)
- Who Has Cheap Phoenix Car Insurance for Seniors? (FAQ)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- What if I Can’t Find Coverage? (Insurance Information Institute)