Who Has the Cheapest Insurance for a Toyota Tacoma in New Hampshire?

Who Has the Cheapest Insurance for a Toyota Tacoma in New Hampshire?

Your odds of finding the best cheap insurance for a Toyota Tacoma in New Hampshire is dependent upon a lot of rating factors like whether you are single or married, what you do for a living, and physical damage deductibles. New Hampshire drivers pay an average of $550 a year for Tacoma insurance, but that is an estimate based on cost data for a 50-year-old married female that has full physical damage coverage and $500 deductibles.

It’s highly likely that you are not exactly 50 years old and possibly not even female, possibly single instead of married, and you want different coverage limits than the example. Every driver has a different risk profile, so the most reliable way to find cheap car insurance rates for your Toyota is to do your own rate comparisons. It only takes a couple of minutes and you can get prices from top-rated car insurance companies that offer coverage in New Hampshire.

Compare Toyota Tacoma Insurance Rates

The trim level of your vehicle will have an impact the annual cost of coverage, so the cost to insure a Tacoma 2WD will be $30 less than the price to insure the high end Tacoma Double Cab TRD Sport Package 4WD trim level, as shown in the table below.

Toyota Tacoma Insurance Rates in New Hampshire
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $100 $206 $224 $14 $66 $610 $51
Tacoma 4WD $114 $170 $224 $14 $66 $588 $49
Tacoma Double Cab 4WD $114 $206 $224 $14 $66 $624 $52
Tacoma X-Runner 2WD $114 $244 $224 $14 $66 $662 $55
Tacoma Double Cab 4WD $130 $206 $224 $14 $66 $640 $53
Tacoma Double Cab TRD Off-Road Package 4WD $130 $206 $224 $14 $66 $640 $53
Tacoma Double Cab TRD Sport Package 4WD $130 $206 $224 $14 $66 $640 $53
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Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New Hampshire minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Prices do not factor in vehicle garaging location which can raise or lower price quotes significantly.

Best insurance in New Hampshire

Selecting the top insurer can be rather challenging considering how many different companies sell coverage in New Hampshire. The company ratings in the next section may help you choose which companies to look at shopping your coverage with. The ratings below are only comprised of the largest auto insurers in America, so companies without a large exposure are not factored into the list.

Top Insurance Companies for a Toyota Tacoma
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
The General 96 100 92 91% A- 95
The Hartford 88 96 91 93% A+ 92.6
Progressive 84 94 99 90% A+ 92.4
Travelers 84 93 100 87% A++ 92.3
State Farm 84 93 95 87% A++ 91
Farmers Insurance 87 92 90 85% A 90.6
Safeco Insurance 85 91 87 86% A 88.4
USAA 71 93 98 87% A++ 88
GEICO 73 93 95 85% A++ 87.1
21st Century 85 85 91 89% A 86.9
Liberty Mutual 72 91 97 83% A 86.4
AAA Insurance 85 85 88 86% A 85.8
Nationwide 71 90 93 83% A+ 84.9
Allstate 69 92 92 83% A+ 84.4
American Family 77 96 80 85% A 83.8
Esurance 70 80 89 77% A+ 79.2
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Data Source: Insure.com Best Car Insurance Companies

Should you buy full coverage?

Finding the cheapest insurance for a Toyota Tacoma in New Hampshire is important to most people, and one of the best ways to buy cheaper insurance is to only buy liability insurance. The information below shows the comparison of insurance premiums with and without physical damage coverage. The premium estimates are based on no claims, a clean driving record, $100 deductibles, marital status is single, and no discounts are factored in.

If averaged out across all ages, comp and collision coverage costs $1,588 per year more than just insuring for liability. That touches on the question if it’s worth it to buy full coverage. There is no exact rule of when to stop paying for physical damage coverage, but there is a guideline you can use. If the yearly cost of full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.

For example, let’s say your vehicle’s replacement value is $4,500 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $3,500 after the deductible is paid. If it’s costing in excess of $350 annually for physical damage coverage, then you might want to consider buying only liability coverage.

Which car insurance company is best?

When it comes to buying insurance for a Tacoma in New Hampshire, four companies to take a look at are Allstate, Geico, State Farm, and Progressive. When added together, they make up nearly half of all vehicles in the U.S.. The data below ranks some of the different features offered by each company.

Ratings for Allstate, Geico, State Farm, and Progressive
Allstate Geico State Farm Progressive
Handling of Claims 1st 3rd 2nd 4th
Overall Cost 4th 1st 2nd 3rd
Discounts Available 1st 2nd 3rd 4th
Overall Satisfaction 2nd 1st 4th 3rd
Recommend by customers 86% 87% 88% 88%
A.M. Best rating A+ A++ A++ A+
New car replacement insurance Yes No No No
Emergency roadside assistance Yes Yes Yes Yes
Rideshare coverage Yes Yes Yes Yes
Usage-based rating Yes No Yes Yes
Breakdown insurance No Yes No Yes
Accident forgiveness coverage Yes Yes No Yes
Insure in New Hampshire Yes Yes Yes Yes
Where you can buy Only buy from Allstate agents Online or through a Geico agent Only from State Farm agents Buy online or from an independent agent
Number of agents 11,000+ 150+ 18,000+ 30,000+
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Tips for buying economical car insurance for a Toyota Tacoma

Lowering your rates is not difficult, and here are some of the recommended money-saving suggestions that can help drivers find cheaper auto insurance.

  • Increase your policy deductibles
  • Claim-free drivers earn discounts
  • On older vehicles, drop full coverage
  • Buy a safer vehicle
  • Bundle car and home insurance and save money
  • Improve your credit
  • Shop around and save

The last item on the list is extremely crucial, as was stressed in the article above. Auto insurance rates fluctuate considerably, so drivers shouldn’t be resistant to switch to a new company if a better rate can be found. Sticking with a specific company is fine, but it’s not recommended if that loyalty results in overpaying a fortune every year. If you have a few minutes, compare rates to find cheaper car insurance for a Toyota Tacoma.