View 2002 Toyota Sequoia Car Insurance Quotes

I can’t think of anyone who looks forward to buying auto insurance, especially knowing they are paying too much.

Having so many options when it comes to auto insurance, it can be hard to choose the cheapest company.

It’s a good idea to price shop coverage quite often because prices are rarely the same from one policy term to another. Just because you found the best deal for Sequoia coverage two years ago you can probably find a better price now. Ignore everything you know about auto insurance because you’re about to learn the right way to find the best coverage while lowering your premiums.

Where Can I Get Cheap Insurance?

There are a lot of ways to compare insurance quotes, but there is one way that is less labor-intensive and much quicker. You could waste a few hours talking about coverages with insurance agencies in your area, or you could save time and use online quotes to accomplish the same thing much quicker.

All the larger companies participate in a marketplace where prospective buyers submit one quote, and at least one company then returns a price quote for coverage. This eliminates the need for quote requests to each individual insurance company.

To get comparison pricing now click here (opens in new window).

The one disadvantage to comparing rates this way is that you can’t choose which insurance companies to get pricing from. So if you want to select specific insurance companies to receive pricing from, we put together a list of the cheapest insurance companies in your area. Click to view list.

Whichever way you use, ensure you are comparing exactly the same coverage limits with every price quote. If you enter unequal deductibles or liability limits you will not be able to determine the lowest rate for your Toyota Sequoia. Just a small difference in coverages may cause a big price difference. And when price shopping your coverage, quoting more gives you a better chance of getting a better price.

Discounts can save BIG

Insurance can cost an arm and a leg, but you can get discounts that you may not even be aware of. Some discounts apply automatically at the time you complete a quote, but some must be requested specifically before they will apply.

  • Save over 55 – Mature drivers can possibly qualify for better car insurance rates for Sequoia coverage.
  • Federal Government Employee – Simply working for the federal government may qualify you for a discount for Sequoia coverage with select insurance companies.
  • Save with a New Car – Putting insurance coverage on a new car is cheaper due to better safety requirements for new cars.
  • Own a Home – Being a homeowner may trigger a car insurance policy discount because owning a home shows financial diligence.
  • Anti-theft System – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy qualifies for this discount.
  • Military Rewards – Being on active duty in the military can result in better rates.

Keep in mind that most discounts do not apply to the entire cost. Some only apply to specific coverage prices like collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, you won’t be that lucky. Any qualifying discounts will cut your overall premium however.

A partial list of companies who might offer these discounts include:

It’s a good idea to ask each insurance company how you can save money. Some discounts may not be available in your area.

Will just any policy work for me?

When it comes to choosing coverage for your vehicles, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • How many claims can I have before being cancelled?
  • Are there companies who specialize in insuring high-risk drivers?
  • Are split liability limits better than a combined single limit?
  • What is the minimum liability in my state?
  • Why does it cost so much to insure a teen driver?
  • Can I make deliveries for my home business?
  • Should I drop comprehensive coverage on older vehicles?
  • Does my personal policy cover me when driving out-of-state?
  • What is the rate difference between pleasure use and commuting?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

The coverage is in the details

Learning about specific coverages of auto insurance can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most auto insurance policies.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like fire damage, a tree branch falling on your vehicle, theft and hitting a deer. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Toyota Sequoia.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.

Collision insurance

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as scraping a guard rail, colliding with a tree, colliding with another moving vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like chiropractic care, dental work, funeral costs, doctor visits and EMT expenses. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Liability coverages

Liability coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as attorney fees, funeral expenses and emergency aid. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Keep this in mind

When buying insurance coverage, never skimp on coverage in order to save money. There are a lot of situations where someone dropped liability limits or collision coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy a smart amount of coverage at the best price while still protecting your assets.

We just covered many ideas to reduce 2002 Toyota Sequoia insurance prices online. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the most savings is with a small mutual company. These companies can often provide lower rates in certain areas compared to the large companies like State Farm, Geico and Nationwide.

Additional information can be found at these links: