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Toyota MR2 Insurance Rates

You have lots of choices when trying to insure your Toyota vehicle. You can either buy through an insurance agent or price shop online to compare rates from insurance providers. Shopping for auto insurance by comparing rates online is simple to do and at the same time you may find lower rates.

Comparing auto insurance rates direct online is challenging if you have never used online quotes. But relax because we're going to show you how. Finding a lower price on Toyota MR2 insurance can be quick and easy. You just have to take a little time to compare quotes online with multiple companies. This is very easy and can be done by comparing rates here.

What influences your insurance rates?

Insurance premiums paid to insure a Toyota MR2 can vary widely subject to many criteria. Taken into consideration are:

  • More performance equals higher cost
  • Any accidents you may have
  • Whether you insure your home with the same company
  • How you use your vehicle
  • Special coverage such as replacement cost
  • Whether or not you have claims
  • Having current coverage saves
  • Whether you rent or own your home

One important consideration that will help determine your rates is the age of the vehicle. Newer models have a higher replacement value compared to older Toyota models so the payout to repair can inflate annual premiums. On the flip side, newer models have more advanced features like dual-stage airbags, a rollover prevention system, and lane departure warning system which can lower rates.

For you to have a better understanding of how much rates will be for your vehicle, select the year of your MR2 from available model years below.

Auto liability insurance

Toyota MR2 liability coverage protects you from damages or injuries you inflict on a person or their property by causing an accident. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. This coverage is usually fairly inexpensive so buy higher limits if possible.

Collision coverage

Collision coverage pays for damage to your Toyota from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also increase the deductible to get cheaper Toyota MR2 insurance rates.

Comprehensive insurance

This pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay. 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

This protects you and your vehicle's occupants when other motorists do not carry enough liability coverage. Due to the fact that many drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for expenses like doctor visits, EMT expenses, and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay.

How Much are Toyota MR2 Insurance Rates?