2013 Toyota Sequoia Insurance Rates

Average insurance rates for a 2013 Toyota Sequoia are $1,276 a year including full coverage. Comprehensive insurance costs an estimated $258, collision costs $400, and liability coverage costs around $460. Buying a liability-only policy costs as low as $510 a year, with high-risk insurance costing $2,752 or more. Teenage drivers receive the highest rates at $4,882 a year or more.

Annual premium for full coverage: $1,276

Rate estimates for 2013 Toyota Sequoia Insurance

Rate data is compiled from all 50 U.S. states and averaged for all 2013 Toyota Sequoia models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

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These differences highlight why anyone shopping for car insurance should compare prices for a targeted area and risk profile, rather than using average rates.

Use the form below to get rates for your location.

Shoppers have a choice when shopping for low-cost Toyota Sequoia insurance. They can either spend hours contacting agents getting price quotes or use the internet to get rate quotes.

There are more efficient ways to find insurance coverage online and we’ll show you the quickest way to compare rates for a Toyota and find the lowest price from both online companies and local agents.

Toyota Sequoia rates are in the details

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what influences your rates allows you to make educated decisions that could result in much lower annual insurance costs.

The list below includes a partial list of the pieces companies use to determine premiums.

• Your job and insurance rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations like judges, architects and financial analysts tend to have higher average rates because of high stress levels and long work days. Conversely, jobs such as farmers, engineers and homemakers receive lower rates on Sequoia insurance.
• Younger drivers pay higher rates – Mature drivers are more responsible, file fewer claims and tend to be better behind the wheel. Teen drivers are statistically proven to be more careless in a vehicle and because of this, their auto insurance rates are much higher.
• Safe vehicles cost less to insure – Cars with high safety ratings can get you lower premiums. Safe vehicles reduce injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates. If your Toyota Sequoia scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
• Car features impact rates – Purchasing a vehicle with a theft deterrent system can help lower your rates. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.

Pay less by taking advantage of discounts

Insurance can cost an arm and a leg, buy you may qualify for discounts that you may not know about. Most are applied when you purchase, but lesser-known reductions have to be specifically requested prior to receiving the credit. If you aren’t receiving every discount available, you’re just leaving money on the table.

• Good Students Pay Less – Performing well in school can earn a discount of 20% or more. This discount can apply well after school through age 25.
• Employee of Federal Government – Being employed by or retired from a federal job could cut as much as 10% off on Sequoia insurance depending on your company.
• Passive Restraints and Air Bags – Factory air bags or motorized seat belts can receive discounts up to 30%.
• Sign Early and Save – Some insurance companies reward drivers for switching policies before your current expiration date. It can save you around 10%.
• Paperless Signup – Certain companies will discount your bill up to fifty bucks just for signing your application digitally online.
• Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
• Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
• Bundle and Save – If you have multiple policies with one company you may save 10% to 20% off each policy.

It’s important to understand that some of the credits will not apply the whole policy. Most only reduce individual premiums such as collision or personal injury protection. So even though they make it sound like all those discounts means the company will pay you, you’re out of luck. But any discount will bring down the amount you have to pay.

Insurance companies that possibly offer these discounts may include but are not limited to:

• State Farm
• GEICO
• Progressive
• 21st Century
• American Family
• The Hartford
• AAA

It’s a good idea to ask every prospective company what discounts are available to you. Some discounts might not apply in every state.

Save $401 a year? Really?

Consumers constantly see and hear ads for the lowest price auto insurance from companies such as State Farm and Allstate. They all seem to have a common claim that you’ll save big if you change your policy.

How does each company make almost identical claims?

Different companies can use profiling for the driver that is profitable for them. An example of a profitable customer might be profiled as between 25 and 40, owns a home, and chooses high deductibles. Any new insured who fits that profile will get very good rates and most likely will cut their rates substantially.

Drivers who fall outside the requirements must pay higher prices which leads to the customer not buying. The ad wording is “customers who switch” but not “drivers who get quotes” save money. That’s the way insurance companies can make the claims of big savings.

This illustrates why it is so important to get a wide range of price quotes. It’s not possible to predict which company will have the lowest Toyota Sequoia insurance rates.

Your coverage should be tailored to you

When buying the best car insurance coverage, there is no “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that might help in determining whether or not you would benefit from an agent’s advice.

• Does liability extend to a camper or trailer?
• What is no-fault insurance?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Should I buy only the required minimum liability coverage?
• When should I buy a commercial auto policy?
• Do I pay less for low miles?
• Do I need replacement cost coverage?
• What if I don’t agree with a claim settlement offer?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, complete this form. It is quick, free and can provide invaluable advice.

Insurance coverages 101

Understanding the coverages of insurance can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive auto coverage – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as rock chips in glass, a tree branch falling on your vehicle and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Auto liability insurance – This coverage will cover injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as legal defense fees, court costs and structural damage. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Collision coverages – This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as rolling your car, colliding with another moving vehicle, hitting a parking meter, crashing into a ditch and colliding with a tree. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for expenses for things like doctor visits, rehabilitation expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Affordable insurance is out there

People who switch companies do it for a number of reasons such as lack of trust in their agent, extreme rates for teen drivers, poor customer service and not issuing a premium refund. Regardless of your reason for switching companies, choosing a new insurance company can be easier than you think.

Affordable 2013 Toyota Sequoia insurance can be sourced online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies do not offer online quoting and most of the time these regional insurance providers sell through independent agents.

In this article, we covered quite a bit of information on how to compare insurance prices online. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. Drivers may discover the best prices are with the smaller companies.

To read more, take a look at these articles:

• Teen Driver Licensing Information (iihs.org)
• Collision Insurance Coverage (Nationwide)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Auto Theft Statistics (Insurance Information Insitute)
• Auto Insurance FAQ (Farmers Insurance)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)