Car Insurance Rate Quotes for a Toyota Venza in Atlanta

Discount Toyota Venza insuranceWant to know how to find the cheapest Toyota Venza insurance in Atlanta? Did a good deal turn into an underperforming, overpriced car insurance policy? Don’t sweat it because you’re not the only one.

Unfortunately, nearly 70% of customers kept buying from the same company for more than four years, and just under half have never taken the time to shop around. Drivers in Atlanta could save as much as $959 each year just by comparing rates, but they just don’t understand how much money they would save if they just switched companies. Due to the abundance of different company options, it’s nearly impossible to pick the most cost effective insurance company.

Low-cost companies for Toyota Venza insurance

The companies in the list below provide price quotes in Georgia. If the list has multiple companies, it’s highly recommended you visit several of them in order to get a fair rate comparison.

Toyota Venza Insurance Rates in Atlanta, GA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Venza 2WD 4-Dr $218 $414 $378 $22 $114 $1,146 $96
Venza AWD 4-Dr $270 $476 $402 $24 $120 $1,292 $108
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Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Price estimates do not factor in vehicle location which can affect premiums significantly.

Should you raise deductibles?

The diagram below shows how different deductible levels and can impact Toyota Venza insurance costs for each different age group. The information is based on a married female driver, full coverage, and no policy discounts are applied.

Should you buy full coverage?

The information below examines Toyota Venza insurance rates with full coverage compared to only the Georgia minimum liability coverage. The premiums assume no driving violations, no at-fault accidents, $500 deductibles, single female driver, and no discounts are taken into consideration.

When to drop comprehensive and collision coverage

There is no set rule for excluding full coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is 10% or more of replacement cost minus your deductible, then you might consider buying liability only.

For example, let’s pretend your Toyota Venza book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $5,000 after paying the physical damage deductible. If you are currently paying more than $500 annually to have full coverage, the it may be a good time to stop paying for full coverage.

There are a few situations where eliminating full coverage is not advised. If you haven’t paid off your loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Rate comparison for different deductibles

When buying car insurance, a common question is how high should your deductibles be. The tables below can help illustrate the costs and benefits between low and high policy deductibles. The first rate quote example uses a $100 deductible and the second price grid uses a $500 deductible.

Toyota Venza insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Venza 2WD 4-Dr $382 $720 $394 $24 $118 $1,663 $139
Venza AWD 4-Dr $382 $720 $394 $24 $118 $1,663 $139
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Toyota Venza insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Venza 2WD 4-Dr $278 $486 $394 $24 $118 $1,300 $108
Venza AWD 4-Dr $278 $486 $394 $24 $118 $1,300 $108
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Information does not factor in specific location information which can modify premium rates substantially.

Based on the data above, we can derive that using a $100 deductible will cost you approximately $31 more each month or $372 for a full year than choosing the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you average more than 13 months between claim filings, you would come out ahead by going with a higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $139
Average monthly premium for $500 deductibles (subtract): – $108
Monthly savings from raising deductible: $31
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $31
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

One important issue to know is that increasing deductibles to save money means you will have to pay more when you have a comprehensive or collision claim. You should have some money saved in order to pay the higher deductible in order to repair your vehicle.

Atlanta insurance discounts for a Toyota Venza

Insurance can cost an arm and a leg, but there could be available discounts to help offset the cost. Some of these discounts will be visible at quote time, but a few must be asked about in order for you to get them. If you do not check that you are getting every discount possible, you are just wasting money.Car insurance discounts

You can save money using discounts, but some credits don’t apply to the entire policy premium. Some only apply to individual premiums such as physical damage coverage or medical payments. So even though you would think you could get a free car insurance policy, that’s just not realistic. But all discounts will help reduce your overall bill.

To locate providers that offer many of these discounts in Georgia, follow this link.

How Insurance Companies Determine Toyota Venza Insurance Rates

Multiple criteria are considered when you get your auto insurance bill. Some are pretty understandable like your driving record, although others are more obscure such as your marital status or your vehicle rating. Smart consumers have a good feel for the rating factors that go into determining your premiums. If you understand what determines premiums, this allows you to make educated decisions that could help you find lower premium levels.

The factors shown below are just a few of the factors used by insurance companies to determine premiums.

Always keep your insurance in place – Going without insurance is a guaranteed way to increase your rates. And not only will insurance be more expensive, not being able to provide proof of insurance might get you a fine, jail time, or a revoked license.

Liability protection – The liability coverage on your policy is the coverage that protects you if you are found liable for physical damage or personal injury to other. This coverage provides you with a defense in court which can be incredibly expensive. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.

Tough job may mean higher prices – Careers like lawyers, airline pilots, and emergency personnel are shown to have higher average rates because of high stress levels and incredibly demanding work hours. On the other hand, careers like scientists, athletes and homemakers receive lower rates.

Eliminate unneeded extra policy coverages – There are many extra bells and whistles that you can buy on your insurance policy. Add-on coverages like vanishing deductibles, towing, and extra equipment coverage may not be needed and are just wasting money. They may seem like a good idea when discussing your needs, but now you might not need them so eliminate the coverages to reduce your premium.

Higher comp and collision deductibles are cheaper – Physical damage deductibles state the amount of money you are required to spend before a claim is paid by your company. Insurance for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. A few examples of covered claims could be rearending another vehicle, hail damage, and damage from wind. The higher the amount you’re willing to pay, the lower your rates will be.

Less chance of injury means lower prices – Vehicles that have high safety ratings cost less to insure. Vehicles engineered for safety have better occupant injury protection and reduced instances of injuries means less claims paid and cheaper rates on your policy. If your Toyota Venza is rated at a minimum four stars on it may cost less to insure.

Tickets can be expensive – Being a careful driver impacts your car insurance rates tremendously. Good drivers pay lower auto insurance prices than people who have multiple driving citations. Getting just one speeding ticket or other violation can boost insurance rates forty percent or more. Drivers who have serious tickets such as DWI, reckless driving or hit and run convictions might be required by their state to prove financial responsibility with their state motor vehicle department in order to legally drive.

The type of car, truck or SUV you drive affects your rates – The performance of the car or truck you own makes a substantial difference in determining your rates. The lowest rates will normally be found when insuring small economy passenger vehicles, but the final cost of insurance is determined by many other factors. Since the Toyota Venza is classified as a crossover, insuring your vehicle will cost slightly more as compared to the average rate in Atlanta.

Loss probability for a Toyota Venza – Insurance companies use past insurance losses to help calculate premium prices. Vehicles that the statistics show to have higher prevalence or dollar amount of losses will cost more for specific coverages. The data below shows the collected loss data for Toyota Venza vehicles.

For each policy coverage type, the loss probability for all vehicles combined as an average is represented as 100. Numbers shown that are under 100 imply a favorable loss record, while numbers above 100 indicate more frequent losses or tendency to have larger claims.

Car Insurance Loss Data for Toyota Venza Models

Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Venza 4dr 2WD 93 102 86 115 110 93
Toyota Venza 4dr 4WD 94 102 97 120 94 87

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Special considerations

Keep in mind that when it comes to choosing coverage online or from an agent, there really isn’t a single plan that fits everyone. Everyone’s situation is unique and your insurance should be unique as well.Drive safe and save
Here are some questions about coverages that may help you determine whether you might need professional guidance.

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

When should I talk to a local insurance agent?

Many people just prefer to have an agent’s advice and we recommend doing that Most agents can answer important questions and give you someone to call. One of the great benefits of getting online price quotes is the fact that drivers can get lower prices and still choose a local agent.

Find insurance agent in AtlantaBy using this quick form, your information is submitted to agents in your area that give free quotes for your coverage. It makes it easy because there is no need to do any legwork because quoted prices will be sent to you directly. If for some reason you want to get a rate quote from one company in particular, you just need to jump over to their website and submit a quote form there.

Picking an insurance company should depend on more than just the premium amount. Any agent in Atlanta should be willing to answer these questions.

If you want to buy car insurance from a reputable insurance agent or broker, there are a couple of different types of agencies that differ in how they can insure your vehicles. Car insurance agencies are either exclusive agents or independent agents. Both can write car insurance policies, but it is a good idea to know why they differ because it can influence which agent you choose.

Exclusive Agencies

Agents that elect to be exclusive can only write with one company like Farmers Insurance, State Farm, or Allstate. They usually cannot shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are well schooled in insurance sales which helps them sell insurance even at higher premiums.

Listed below is a list of exclusive insurance agencies in Atlanta who can help you get price quotes.

3145 Peachtree Rd #197Atlanta, GA 30305(404) 814-0071View Map

42 Forsyth St NWAtlanta, GA 30303(404) 527-4883View Map

2240 Fairburn Rd SWAtlanta, GA 30331(404) 344-9777View Map

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Independent Agents

These agents are not locked into one company so they can quote policies through lots of different companies and help determine which has the cheapest rates. If they find a lower price, your agent can just switch to a different company which is easy for the insured. If you need lower rates, you absolutely need to get rate quotes from a few independent agents to get the best comparison.

The following are independent insurance agents in Atlanta that are able to give price quote information.

Access General Agency Inc
1627 Peachtree St NEAtlanta, GA 30309(404) 817-9744View Map

2987 Clairmont Rd #425Atlanta, GA 30329(404) 633-6332View Map

2882 E Point StAtlanta, GA 30344(404) 766-9390View Map

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If you get positive feedback for all questions you ask and an acceptable price quote, you have narrowed it down to an insurance agency that meets the criteria to insure your vehicles. But remember, you can cancel a policy whenever you wish so never assume that you are permanently stuck with a specific company indefinitely.

One last note

As you shop your coverage around, never sacrifice coverage to reduce premiums. In too many instances, an accident victim reduced liability coverage limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy enough coverage for the lowest price while not skimping on critical coverages.

Lower-priced auto insurance in Atlanta can be purchased from both online companies as well as from insurance agents, so get free Atlanta auto insurance quotes from both of them so you have a total pricing picture. Some companies may not offer online quoting and these small, regional companies only sell coverage through independent agents.

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