Best Cheap Insurance Quotes for a Toyota Tundra in Florida

We always joke that when we write about car insurance, the words “affordable” or “cheap” really should not be used as a descriptor for car insurance rates. It’s just reality that cheap auto insurance for a Toyota Tundra is almost non-existent. But fear not, because there may be ways you can quote car insurance that you are able to afford.

The chances that you’ll find affordable coverage for a Toyota Tundra in Florida is contingent on a calculation that uses factors like if you own your home, if you are a frequent claim filer, and any prior driving offenses. Drivers in Florida on average will pay $1,560 every 12 months to insure a Toyota Tundra, but that figure is based on rate data for a 30-year-old married male driver that includes comprehensive and collision coverage and $100 deductibles.

More than likely, you are not exactly 30 years old and possibly not even male, you might be single instead of married, or maybe you want more liability coverage than is required by law in Florida. Different coverage needs are the reason why the most reliable way to find the cheapest coverage for your Toyota is to shop your policy around every couple of years.

View Toyota Tundra Insurance Rates

The trim level of your vehicle will have an impact price, so the price you pay to insure a Tundra Regular Cab 2WD model will be $372 less than the cost to insure the high end Tundra SR/5 Crew Max 4WD trim level, as shown in the chart below.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Premium amounts do not factor in vehicle location which can influence insurance rates noticeably.

Comparing rates for low-priced car insurance is not the easiest thing to accomplish, and deciding which companies have the most affordable insurance rates for a Toyota Tundra involves even more diligence. Each auto insurance company uses different criteria for determining prices, so first let’s look at the rankings for the most affordable insurance companies in Florida.

It’s important to understand that Florida insurance rates are calculated based on many things that will increase or decrease the price you have to pay for coverage. Price variation is why it is so important to compare rates to find affordable car insurance rates for a Toyota Tundra. Insurance rates are made up of many different factors and can increase or decrease at any time, so the most economical option when you last compared rates may now be an over-priced policy.

Cheap Insurance Rates for Your Tundra

Click Here to Start Your Quote

USAA generally has some of the best car insurance rates in Florida at around $977 per year. Electric, Amica, Progressive, and Travelers also are some of the more affordable Florida car insurance companies.

As the example above demonstrates, if you have coverage with Progressive and switched to Electric, you might achieve an annual savings of roughly $63. Customers with Travelers could save as much as $214 a year, and Mercury customers might cut rates by $221 a year.

To find out how much you can save, click here to begin a quote or visit several of the following companies.

These policy prices are averages for all insureds and vehicles and and are not figured with a specific rating modification for a Toyota Tundra. So the car insurance company that can offer the best rates for your situation may not even be in the chart above. That point stresses why you need to get rate quotes from many companies using your own personal information and vehicle type.

Difference between liability only and full coverage rates

Finding the best cheap insurance for a Toyota Tundra in Florida is probably important to most drivers, and an easy way to buy cheap insurance is to only buy liability coverage. The diagram below compares insurance costs with full physical damage coverage compared to only buying liability only. The rate quotes are based on a clean driving record, no claims, $1,000 deductibles, drivers are single, and no other discounts are factored in.

Averaged for all ages 20 through 70, physical damage coverage costs an additional $2,362 per year over having just liability coverage. Many of you may wonder when is the right time to remove full coverage. There isn’t a steadfast formula to eliminate full coverage on your policy, but there is a general school of thought. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.

Discounts on Florida insurance rates

Auto insurance companies that sell the best cheap insurance for a Toyota Tundra in Florida may provide rate discounts that could lower prices by as much as 40% or more if you meet certain criteria. The best insurance companies and their offered discounts can be found below.

The illustration below visualizes the comparison of annual premium costs with and without discounts applied to the rates. The costs are based on a female driver, no tickets, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $500 deductibles.

The first bar for each age group shows premium with no discounts. The second shows the rates with vehicle safety, multiple policy, homeowner, claim-free, anti-theft, and accident-free discounts applied. When these discounts are applied, the the average amount saved on insurance for a Toyota Tundra is % or $.

How to find budget-friendly auto insurance for a Toyota Tundra

It is possible to find better rates, and here are a few money-saving solutions that can help drivers quote cheap coverage.

• Having too many claims will increase rates substantially
• Drivers with good credit often pay less
• Do not get tickets or violations
• Get cheaper liability coverage by choosing a safer vehicle
• Avoid accidents and claims
• Compare prices frequently to find the best deal

That final tip is extremely vital, as was emphasized in the prior article. Insurance rates change a lot, so don’t be tentative to switch companies if a better rate can be found. Loyalty to a specific company is fine, but it’s not a good idea if that devotedness results in you overpaying thousands of dollars over the life of your policy. Now is a great time to shop around to find cheaper car insurance for a Toyota Tundra.

Allstate, State Farm, Progressive, and Geico compared

When it comes to buying insurance for a Tundra in Florida, some of the largest companies to start with are Allstate, State Farm, Progressive, and Geico. They all offer your standard coverages, but each one has a slightly different mix of options and features that may affect your buying decision. The table below shows pricing and service ratings, as well as optional policy coverages that policyholders can buy.