How Much is Insurance for a Toyota Tacoma in Iowa?

Your ability to find affordable insurance for a Toyota Tacoma in Iowa hinges on an enormous amount of rating factors such as whether or not your vehicle has good safety ratings, if you have a lapse in coverage, and your choice of physical damage deductibles. Drivers pay around $730 per year for Tacoma insurance, but that figure is an estimate that rates a 50-year-old married male that has comprehensive and collision coverage and $100 deductibles.

But there is a high probability that you are not exactly 50 years old and possibly not even male, possibly single instead of married, or maybe you have a teen driver on your policy that needs to be considered. Changing even a minor factor in policy rating criteria or coverages can result in a massive change in how much coverage for a Toyota Tacoma costs.

Every driver has a different risk profile, so the most reliable way to find cheap insurance rates for your Toyota is to compare as many rates as you can. Quotes are always free and you will receive rate quotes from some of the most affordable companies available.

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The specific model of Tacoma has an effect on the insurance rate, so the price you will be charged to insure a Tacoma 2WD model will be $42 cheaper than the insurance cost for the more well-appointed Tacoma Double Cab TRD Sport Package 4WD model, as shown by the rates below.

Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Iowa minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Premium costs do not factor in vehicle location which can lower or raise prices significantly.

Selecting the top car insurance provider is hard considering how many choices there are in Iowa. The ranking data below could help you pick which companies you want to consider when buying insurance for a Toyota Tacoma.

These rankings include the largest companies in America, so companies that focus mainly on Iowa business are not included in the list. To get price quotes from these and other competitive companies, click this link.

Insurance rates are higher with tickets and accidents

The recommended way to earn the most affordable insurance premiums in Iowa for a Tacoma is to drive attentively and avoid accidents and traffic citations. The illustration below demonstrates how citations and at-fault collisions can impact car insurance rates for each different age group. The price estimates are based on a married female driver, full physical damage coverage, $250 deductibles, and no discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 1717,2223,2727],[‘Age 30’, 1201,1707,2213],[‘Age 40’, 1189,1691,2199],[‘Age 50’, 1045,1549,2057],[‘Age 60’, 993,1503,2007],[‘Age 70’, 1073,1575,2083]]);var options = {title: ‘Violations, Accidents, and Iowa Toyota Tacoma Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Tacoma in Iowa’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data above shows the average cost of auto insurance in Iowa per year with no accidents or violations is $1,203. Factor in two speeding tickets and the average cost increases to $1,708, an increase of $505 each year. Now include one accident along with the two speeding tickets and the yearly cost of insurance for a Toyota Tacoma jumps again to an average of $2,214. That’s an increase of $1,011, or $84 per month, just for not driving responsibly!

Get discounts on Iowa car insurance

Insurance companies that offer cheap insurance for a Toyota Tacoma in Iowa may also provide price discounts that could reduce prices by as much as 35% if you meet eligibility requirements. A list of insurance companies and some of the discounts are:

• Farmers Insurance discounts include switch companies, electronic funds transfer, business and professional, teen driver, alternative fuel, pay in full, and youthful driver.
• State Farm may offer discounts for passive restraint, safe vehicle, Drive Safe & Save, good student, driver’s education, anti-theft, and good driver.
• Liberty Mutual may have discounts that include newly retired, good student, hybrid vehicle, multi-policy, newly married, and preferred payment discount.
• MetLife offers discounts for good student, good driver, claim-free, defensive driver, accident-free, and multi-policy.
• Progressive offers discounts including homeowner, multi-vehicle, online signing, online quote discount, good student, and continuous coverage.

The information below compares annual premium costs with and without some available policy discounts. Data assumes a male driver, no driving violations, no at-fault accidents, Iowa state minimum liability limits, comp and collision included, and $500 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second shows the rates with vehicle safety, accident-free, homeowner, anti-theft, defensive driving course, and passive restraint discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on insurance for a Toyota Tacoma is 28% or $386.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 2377,1713],[‘Age 30’, 1251,909],[‘Age 40’, 1227,891],[‘Age 50’, 1119,811],[‘Age 60’, 1083,785],[‘Age 70’, 1331,961]]);var options = {title: ‘Effect of Discounts on Insurance Price for a Toyota Tacoma’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Tacoma in Iowa’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

How to get cheap insurance for a Toyota Tacoma in Iowa

It is possible to find better rates, and here are many money-saving ideas that can help you buy the cheapest coverage.

• Having at-fault accidents will increase rates
• Higher physical damage deductibles lower rates
• Better credit rating means better rates
• Save money by observing traffic laws and speed limits
• Get cheaper liability coverage by choosing a safer vehicle
• Full coverage may not be needed on older vehicles
• Comparison shop frequently

That last tip is remarkably important, as was affirmed in this piece. Coverage prices go up and down frequently, so don’t be hesitant to buy a different policy if a cheaper price is available. Many drivers have brand loyalty and that’s fine, but it isn’t a good idea if that devotedness results in you overpaying big bucks every year. It only takes a couple minutes to shop around to find cheaper insurance for a Toyota Tacoma.

Company comparison: Progressive vs State Farm vs Allstate vs Geico

If you want the best insurance for a Tacoma, the companies with the most market share are Progressive, State Farm, Allstate, and Geico. All offer liability and physical damage insurance, but each one has a different combination of discounts, features, and options that add value to each policy. The following table ranks some of the different options and features that are available for policyholders.