Buying cheap coverage for a Toyota 4Runner in Texas relies on a large number of factors such as how old the vehicle is, your credit status, and physical damage deductibles. Texas drivers pay on average $977 a year to insure their 4Runner, but that is a projection based on a 50-year-old married female driver with both comprehensive and collision coverage and $250 deductibles.
More likely than not, you aren’t exactly 50 years old or even a female, single instead of married, or maybe you have a speeding ticket that needs to be factored in. Having what appears to be a very minor change in rating factors or requested coverage amount can make a big difference in how much insurance for a Toyota 4Runner costs.
Each driver’s needs are different, and that demonstrates why the best method for finding cheap auto insurance rates for your Toyota is to compare as many rates as possible. Price quotes are quick and you will be able to compare rates from the cheapest companies available.
The specific trim level has an effect on the yearly cost, so the price you will pay to insure a 4Runner Sport 2WD model will be $178 cheaper than the cost to insure the higher-priced 4Runner Limited 4WD version, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|4Runner Sport 2WD||$256||$338||$304||$18||$92||$1,008||$84|
|4Runner SR/5 2WD||$256||$412||$304||$18||$92||$1,082||$90|
|4Runner Sport 4WD||$256||$412||$304||$18||$92||$1,082||$90|
|4Runner SR/5 4WD||$256||$412||$304||$18||$92||$1,082||$90|
|4Runner Trail Edition 4WD||$286||$486||$304||$18||$92||$1,186||$99|
|4Runner Limited 2WD||$286||$486||$304||$18||$92||$1,186||$99|
|4Runner Limited 4WD||$286||$486||$304||$18||$92||$1,186||$99|
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Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Price estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease rates significantly.
Buying reasonably-priced car insurance is easier said than done, and deciding which companies quote the most affordable insurance rates for a Toyota 4Runner may require additional perseverance. Every insurance provider has a proprietary method for determining rates in each state, so first we will examine the insurance companies that tend to have lower prices in Dallas.
It’s important to know that Dallas, TX insurance rates are impacted by many factors that can increase the cost of your policy. Simply improving your credit, buying a different vehicle, or getting a speeding ticket can trigger changes in premium that can make some companies cheaper than competitors.
Cheapest Insurance Rates for Your Toyota
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,247|
|Find Your Rate Go|
Travelers may have some of the most affordable car insurance rates in Dallas at around $1,021 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also rank well as some of the cheaper Dallas, TX auto insurance companies.
As illustrated above, if you currently have a policy with Germania Mutual and switched to Travelers, you may realize yearly savings of in the neighborhood of $273. Drivers with Esurance could save as much as $344 a year, and California Casualty policyholders might reduce rates by $361 a year.
It’s important to note that these estimates are averages for all types of drivers and the different vehicles they drive and and are not figured with a specific location for a Toyota 4Runner. So the insurer that fits your age and vehicle best may not even be in the top 23 companies in the list above. That is why you need to get rate quotes from many companies using your own personal information and vehicle type.
Discounts on Dallas insurance rates
Insurance providers that provide policies for a Toyota 4Runner may also offer discounts that could potentially reduce rates by 35% or more if you are eligible. A list of insurance companies and a summarized list of policyholder discounts include:
- AAA may have discounts that include AAA membership discount, education and occupation, good student, anti-theft, multi-policy, and good driver.
- Progressive offers premium reductions for good student, online signing, multi-policy, online quote discount, multi-vehicle, and homeowner.
- State Farm may include discounts for Steer Clear safe driver discount, good student, multiple policy, good driver, multiple autos, accident-free, and anti-theft.
- Esurance offers discounts including renters, online shopper, homeowner, multi-policy, and defensive driver.
- Nationwide has savings for easy pay, defensive driving, business or organization, anti-theft, and family plan.
The diagram below shows the comparison of insurance costs with and without discounts applied to the policy premium. Data assumes a female driver, no accidents, no driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with vehicle safety, anti-theft, homeowner, accident-free, defensive driving course, and multiple vehicle discounts applied. With discounts applied, the average amount saved each year on insurance for a Toyota 4Runner is 28% or $568.
The illustration below illustrates how your deductible choice can affect insurance rates when getting quotes for cheap insurance for a Toyota 4Runner. The premiums assume a single female driver, full physical damage coverage, and no other discounts are factored in.
The chart above illustrates that a 50-year-old driver could save $434 a year by changing from a $100 deductible to a $500 deductible, or save $656 by choosing a $1,000 deductible. Younger drivers, such as the 20-year-old chart data, could roll back prices as much as $1,100 or even more just by using higher deductibles.
When insureds make the decision to increase the deductibles on their policy, it will be important to have enough savings to enable you to cover the extra out-of-pocket expense associated with higher deductibles.
Safe drivers pay less for insurance
A great way to earn cheap insurance rates for a 4Runner is to drive carefully and not have accidents or get tickets. The illustration below highlights how speeding tickets and at-fault collisions can impact auto insurance rates for each different age group. The premiums are based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.
The data above shows the average cost of a car insurance policy per year with no violations or accidents is $2,481. Factor in two speeding tickets and the average cost hikes up to $3,303, an increase of $822 each year. Then include one accident along with the two speeding tickets and the annual cost of insurance for a Toyota 4Runner increases to an average of $4,113. That’s an increase of $1,633, or $136 per month, just for not being attentive to the road!
The insurance agents in Dallas listed below can help you determine which coverage fits your budget, as many people would rather have a professional recommendation when shopping for cheaper insurance for a 4Runner. It can be challenging to find coverage yourself, and a professional agent can bring satisfaction knowing your coverage gives you adequate protection. To locate a Dallas auto insurance agent nearest to you, click the button after the list.
Jim Franco – State Farm Insurance Agent
3720 Walnut Hill Ln #203 – Dallas, TX 75229 – (214) 358-3246
Thumann Agency, Inc
12770 Coit Rd Suite 110 – Dallas, TX 75251 – (972) 991-9100
Carlos Luevano – State Farm Insurance Agent
4444 W Illinois Ave #304 – Dallas, TX 75211 – (214) 337-8888