Who Has the Cheapest Insurance for a Toyota Tundra in Wisconsin?

Whenever people write about car insurance, the words “affordable” or “cheap” should not appear anywhere in the article. It’s just a fact that cheap car insurance for a Toyota Tundra is not easy to find. We’ll try to make it up to you, because we are going to show you some ways you can quote car insurance that doesn’t break your budget.

The chances that you’ll find cheap car insurance for a Toyota Tundra in Wisconsin depends upon a complex rating formula that takes into consideration things like how you use your vehicle, if you have recent claims, and violations on your driving record. Drivers in Wisconsin pay an average rate of $770 per year to insure a Toyota Tundra, but that cost is a ballpark figure that rates a 40-year-old married female that purchased both comprehensive and collision coverage and $250 policy deductibles.

When projecting a rate like this, the problem is that you are not 40 and maybe not even a female, you might be single instead of married, and maybe you have sub-par credit that needs to be factored in. Auto insurance requires individual risk assessment, so your best shot at finding cheap insurance rates for your Toyota is to regularly compare rates at renewal. Price quotes are quick and you will get price quotes from top-rated companies in Wisconsin.

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Your vehicle’s trim level impacts the yearly cost, so the price to insure a Tundra Regular Cab 2WD trim level will be $162 cheaper than the cost to insure the more costly Tundra SR/5 Crew Max 4WD version, as demonstrated by the prices below.

Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium amounts do not factor in garaging location in Wisconsin which can impact coverage rates significantly.

Finding the right car insurance company can be difficult considering how many companies there are in Wisconsin. The ranking information in the lists below could help you pick which car insurance providers to look at buying from. These rankings only include companies with a national presence, so smaller regional companies are not taken into consideration for the list.

Top 10 Major Auto Insurance Companies Overall in Wisconsin

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family

Top Companies for Toyota Tundra Insurance in Wisconsin

The illustration below shows how different deductible levels can influence insurance premiums when searching for cheap insurance for a Toyota Tundra. Data assumes a single male driver, comp and collision included, and no discounts are factored in.

A 30-year-old driver could cut expenses by $262 a year by changing from a $100 deductible up to a $500 deductible, or save $398 by choosing a $1,000 deductible. Young drivers, like the 20-year-old, can save as much as $766 or more just by choosing higher deductibles. If you do raise deductibles, it is important to have plenty of savings on hand to enable you to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.

Cost of full coverage in Wisconsin

Finding the cheapest insurance for a Toyota Tundra in Wisconsin is probably important to the majority of vehicle owners, and an easy way to lower the cost of insurance is to not insure for full coverage. The information below illustrates the comparison of car insurance costs when comparing full coverage to liability only. The costs are based on no claims or driving violations, $500 deductibles, drivers are single, and no additional discounts are factored in.

If averaged for all ages, physical damage coverage costs an additional $1,476 per year more than insuring for liability only. That touches on the question if paying for full coverage is a waste of money. There is no definitive rule for dropping comp and collision coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

There are a few situations where dropping physical damage coverage is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not consider dropping full coverage.

Progressive, Geico, Allstate, and State Farm: Who is best?

If you want the best insurance for a Tundra in Wisconsin, probably the best companies to start with are Progressive, Geico, Allstate, and State Farm. Combined they have almost half of all policies written in the United States. The data below rates pricing and service ratings, as well as optional policy coverages offered by each company.