Best Cheap Insurance for a Toyota Tundra in Arizona

The chances of finding affordable insurance for a Toyota Tundra in Arizona depends on lots of different factors such as annual vehicle mileage, whether or not you have had gaps between policies, and any past driving violations you may have had. Drivers pay on average $1,190 every 12 months for Tundra insurance, but that amount is using cost data for a 30-year-old single male driver that includes full coverage including both comprehensive and collision and $250 policy deductibles.

But there is a good chance that you are not a 30-year-old male, maybe you are married instead of single, or maybe you have a violation on your driving record. Different coverage needs are the reason why the way we recommend to find cheap auto insurance rates for your Toyota is to put in the effort to do a thorough rate comparison.

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The trim level of your Tundra can impact the yearly cost, so the rate you pay to insure a Tundra Regular Cab 2WD will be $242 less than the cost to insure the more well-appointed Tundra SR/5 Crew Max 4WD version, as shown by the rates below.

Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Prices do not factor in vehicle location which can decrease or increase prices significantly.

Insuring your vehicle with a high-quality company is hard considering how many different insurance companies sell coverage in Arizona. The company information shown below may help you select which car insurance providers you want to consider comparing price quotes from.

The ratings below are only comprised of large insurance companies, so smaller companies that only insure vehicles in Arizona are not factored into these rankings. To compare prices from these companies and more, simply click here.

Does it make sense to buy full coverage?

Finding the best cheap insurance for a Toyota Tundra in Arizona is the goal of most people, and an easy way to pay less for insurance is to buy only liability coverage. The diagram below shows the difference between insurance premiums with full physical damage coverage compared to only buying liability only. The costs are based on no claims or driving violations, $500 deductibles, single marital status, and no discounts are applied.

If averaged out across all ages, full coverage on your policy costs $1,948 per year over and above liability coverage. Lot’s of drivers question if full coverage is worth the money. There is no exact rule of when to stop paying for full coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your vehicle’s settlement value is $12,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $11,000 after the policy deductible has been paid. If you are paying over $1,100 annually for physical damage coverage, then you might want to think about dropping full coverage.

Chances are good that you’re overpaying for Tundra insurance

Arizona car insurance rates are determined by lots of factors that will increase or decrease the cost of your policy. Improving your credit rating, buying a different vehicle, or getting a speeding ticket can trigger price changes that can cause some rates to be cheaper than competitors.

Additionally, auto insurance companies amend premium rates as often as every quarter to adjust for heavy claims or excess profits. Significantly higher claims can result in more expensive prices, while lower claim expenses may result in cheaper Tundra insurance rates.

To help illustrate this point, the bar chart below compares the cheapest car insurance in Arizona for a 45-year-old male driver with no violations or accidents, and excellent credit. If we estimate rates based on his current risk profile, The Hartford might quote the most affordable car insurance rates in Arizona at $811 annually. This is $617 less than the average policy premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA are the rest of the cheapest Arizona auto insurance companies.

Now we will pretend the driver from the first rate comparison a couple of claims, a lower credit score, and a few blemishes on his driving record. Since each insurance company has their own guidelines for determining prices, comparing quotes may now result in a new list of the cheapest Arizona car insurance companies as shown below.

GEICO now has the cheapest rate in Arizona with CSAA, Allied, Ameriprise Group, and Farm Bureau Mutual now being in the top five. This shows why drivers need to shop around with many companies when trying to find the most budget-friendly car insurance rates for a Toyota Tundra. Insurance rates are calculated by many factors and can change without notice, so the best option when you bought your policy may now be costing you a lot of money.

Find the best cheap insurance for a Toyota Tundra in Arizona

The list below details many penny-pinching suggestions that can help Arizona drivers get cheap coverage.

• Avoid at-fault accidents and claims
• Earn discounts for being claim-free
• Buy a vehicle with excellent safety ratings
• Bundle home or renters insurance to earn a discount on car insurance
• Save money by obeying traffic laws and keeping a clean driving record
• Shop around and save

The final tip is very crucial, as we noted in the article above. Car insurance rates adjust often, so drivers shouldn’t hesitate to buy from a different company if you can save money.

Having brand loyalty is commendable, but it’s not a great idea if that loyalty results in overpaying lots of hard earned cash every month. Take a couple minutes and compare rates and find cheaper auto insurance for a Toyota Tundra.