How Much are Insurance Quotes for a Toyota Highlander in Illinois?

When talking about car insurance, the word cheap should not appear as a descriptor for car insurance rates. Nonetheless, cheap auto insurance for a Toyota Highlander can be hard to find. Don’t let that discourage you, because we will tell you how you can still get car insurance that doesn’t break your budget.

The chances of buying cheaper car insurance for a Toyota Highlander in Illinois depends upon many rating factors like how far you commute, your profession, and citations on your driving record. Illinois drivers on average pay around $660 per year to buy Toyota Highlander insurance, but that is an estimation based on rate data for a 40-year-old married female who purchased full coverage including both comprehensive and collision and $1,000 deductibles.

This brings up the issue that more than likely you aren’t exactly 40 years old or even a female, you might be single instead of married, or maybe you prefer to not insure for full coverage. What seems to be a minor change in policy rating criteria or coverages can make a big difference in the cost of coverage for a Toyota Highlander.

Having different needs demonstrates why the only real way to find the cheapest coverage for your Toyota is to shop around at every renewal for lower rates. Quotes are always free and you will receive price comparisons from the best auto insurance companies in Illinois.

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The trim level of your vehicle tends to impact the insurance rate, so the cost to insure a Highlander 2WD trim level will be $100 less than the price to insure the higher-end Highlander Hybrid Limited 4WD model, as shown in the prices below.

Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Illinois minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Price estimates do not factor in vehicle location which can modify prices considerably.

Establishing which companies quote the best car insurance rates for a Toyota Highlander will require a little more sweat in order to find a policy that fits your budget. Every insurance company has a unique formula to determine premium rates, so let’s rank the car insurance companies with the most affordable rates in Illinois.

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The Hartford may offer some of the cheapest car insurance rates in Illinois at around $746 per year. Rockford Mutual, Titan, Erie, and Cincinnati Insurance also are some of the lowest-priced Illinois car insurance companies.

As the rates illustrate above, if you buy coverage from Titan and switched to The Hartford, you may realize annual savings of around $114. Insureds with Erie might save as much as $159 a year, and Cincinnati Insurance insureds might realize rate reductions of up to $178 a year.

Be aware that those premium estimates are averaged across all types of drivers and the different vehicles they drive and are not factoring in a specific rate value for a Toyota Highlander. So the insurer that has the cheapest price for you may not even be shown in the above list. That illustrates why you need to compare prices as often as possible using your own specific driver information and vehicle.

The illustration below demonstrates how choosing different deductibles can impact insurance premiums when trying to find cheap insurance for a Toyota Highlander. The information is based on a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2685,2449,2185,1935],[‘Age 30’, 1421,1295,1149,1007],[‘Age 40’, 1363,1247,1113,983],[‘Age 50’, 1247,1141,1021,905],[‘Age 60’, 1223,1117,999,885],[‘Age 70’, 1397,1285,1159,1039]]);var options = {title: ‘Comparison of Deductible Levels and Toyota Highlander Insurance Rates in Illinois’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Highlander’,minValue: 0,format: ‘$###,###’},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);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The data above shows that a 30-year-old driver could lower their car insurance rates by $250 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $380 by switching to a $1,000 deductible. Young drivers, like the age 20 example, could reduce their rates up to $750 or more just by using higher deductibles.

When using a larger deductible, it will be necessary to have additional funds squirreled away to satisfy the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Price comparison of only insuring for liability

Finding cheap insurance for a Toyota Highlander in Illinois should be important to most drivers, and one great way to pay lower rates for insurance is to not buy full coverage. The example below illustrates the comparison of car insurance rates with full coverage and liability only. The prices are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are single, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $100 Deductibles’, ‘Liability Only’],[‘Age 20’, 3101,933],[‘Age 30’, 1623,515],[‘Age 40’, 1605,477],[‘Age 50’, 1457,447],[‘Age 60’, 1409,441],[‘Age 70’, 1699,587]]);var options = {title: ‘Comparison of Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Highlander in Illinois’,minValue: 0,format: ‘$###,###’},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(‘qcibfcl’));chart.draw(data, options);}

If averaged for all ages, physical damage insurance costs $1,816 per year more than just buying liability only. That is a significant amount which raises the question when is the right time to remove full coverage. There is no set guideline of when to eliminate physical damage coverage, but there is a guideline you can consider. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

Find cheap insurance for a Toyota Highlander in Illinois

The list below summarizes some of the recommended thrifty ideas that can help drivers quote more affordable car insurance.

• Increase your comprehensive and collision deductibles
• Accidents can significantly increase rates
• Buy a car with high safety ratings
• Don’t waste money on full coverage for older vehicles
• Serious violations like DUI or careless driving can make car insurance unaffordable
• Good credit can help you save money
• Compare rates regularly to ensure the best deal

The last item on the list is highly vital, as we pointed out in this write-up. Prices charged by auto insurers in Illinois can be adjusted at any time, so drivers shouldn’t hesitate to change insurance companies if a lower price can be found. Many drivers tend to have loyalty to a certain company, but is isn’t recommended if your bullheadedness ends up costing you hundreds of dollars a year. Take a couple minutes and compare prices and find cheaper auto insurance for a Toyota Highlander.