2001 Toyota Celica Insurance Rates

Are you a victim of an underperforming, overpriced auto insurance policy? Trust us when we tell you there are a lot of people just like you who feel imprisoned by their auto insurance policy. Insurance companies such as State Farm, Allstate, Geico and Progressive continually hit you with ads and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.

How to Get Car Insurance Comparison Quotes

Lowering your 2001 Toyota Celica car insurance rates is surprisingly easy. The only thing you need to do is invest a few minutes comparing rates from different insurance companies. It is quite easy and can be accomplished in a couple of different ways.

The first (and easiest) way to find low rates is to use a rate comparison form like this one (opens in new window). This form prevents you from having to do separate quotation requests for every car insurance company. Taking the time to complete one form gets you coverage quotes from car insurance companies with the best prices.

A slightly less efficient method to shop for car insurance online is to manually visit each company’s website to request a price quote. For example, let’s assume you want comparison quotes from Farmers, Allstate and American Family. You would have to visit each site to input your insurance information, which is why the first method is quicker.

To view a list of companies in your area, click here.

The least recommended way to get comparison rates is to drive around to and from local insurance agencies. The ability to buy insurance online has reduced the need for local agents unless you have a need for the professional guidance of a local agent. Drivers can compare the best prices online but still have the advice of a local agent and we’ll touch on that later.

It doesn’t matter which method you choose, just make sure you use exactly the same coverages on every quote you get. If the quotes have different limits and deductibles on each one it will be next to impossible to make a fair comparison for your Toyota Celica.

Factors that can influence insurance rates for a Toyota Celica

Smart consumers have a good feel for the different types of things that go into determining your insurance rates. Having a good understanding of what impacts premium levels enables informed choices that can help you get big savings.

  • Men fork out a little more – Statistics show that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. Men and women tend to get into accidents at about the same rate, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations such as DWI and reckless driving.
  • Traffic violations increase rates – Even a single citation can boost insurance rates forty percent or more. Careful drivers tend to pay less for car insurance than bad drivers. Drivers who get serious violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.
  • Liability coverage is peace of mind – The liability section of your policy is the coverage that protects you if you are found to be at fault for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not skimp.
  • Your job and insurance rates – Did you know your occupation can influence how much you pay for insurance? Occupations such as real estate brokers, business owners and accountants tend to pay higher rates than average attributed to job stress and lots of time spent at work. On the flip side, occupations like scientists, athletes and homemakers have the lowest average rates on Celica coverage.

How to reduce Toyota Celica insurance rates

Companies do not advertise every discount in an easy-to-find place, so we break down both the well known and also the lesser-known savings tricks you should be using. If they aren’t giving you every credit available, you’re just leaving money on the table.

  • Senior Citizens – If you’re over the age of 55, you may be able to get a discount up to 10% on Celica coverage.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to complete a driver education course if it’s offered in school.
  • Auto/Life Discount – Companies who offer life insurance give better rates if you take out a life insurance policy as well.
  • Paperwork-free – Some insurance companies give back up to $50 simply for signing online.
  • Multiple Cars – Insuring all your vehicles on one policy could earn a price break for each car.
  • Fewer Miles Equal More Savings – Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Save with a New Car – Adding a new car to your policy is cheaper since new cars are generally safer.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can reduce accidents and therefore earn up to a 10% discount.
  • Federal Government Employee – Simply working for the federal government can earn a discount up to 10% on Celica coverage with certain companies.

It’s important to understand that some of the credits will not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. So when the math indicates all the discounts add up to a free policy, you’re out of luck.

For a list of insurance companies who offer insurance coverage discounts, click this link.

Tailor your coverage to you

When choosing the right insurance coverage, there is no perfect coverage plan. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining if your insurance needs would benefit from professional advice.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I have newly-aquired coverage?
  • At what point should I drop full coverage?
  • I have a DUI can I still get coverage?
  • What happens if I owe more than my 2001 Toyota Celica is worth?
  • Am I covered when driving on a suspended license?
  • Do I need PIP coverage since I have good health insurance?
  • Does having multiple vehicles earn me a discount?
  • How do I file an SR-22 for a DUI in my state?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Information about specific coverages

Understanding the coverages of a car insurance policy can help you determine appropriate coverage for your vehicles. Car insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages offered by car insurance companies.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, a broken windshield, vandalism and damage from a tornado or hurricane. The highest amount your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability coverage protects you from damages or injuries you inflict on a person or their property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things such as repair bills for other people’s vehicles, attorney fees and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like prosthetic devices, EMT expenses and rehabilitation expenses. They are used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Toyota Celica.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Collision protection

Collision insurance pays for damage to your Celica resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as sustaining damage from a pot hole, hitting a parking meter, hitting a mailbox, colliding with another moving vehicle and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

And the best car insurance company is…

When you buy insurance online, it’s very important that you do not sacrifice coverage to reduce premiums. There are a lot of situations where someone sacrificed full coverage and found out when filing a claim they didn’t have enough coverage. Your aim should be to get the best coverage possible at the best price while still protecting your assets.

In this article, we covered quite a bit of information on how to lower your 2001 Toyota Celica insurance rates. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. You may even find the lowest rates come from some of the smallest insurance companies. They may have significantly lower rates on certain market segments compared to the large companies like State Farm or Progressive.

More information can be found at the links below