Would you like to find low-cost Toyota Tacoma insurance in Atlanta? Having to pay for pricey insurance in Atlanta can take a big chunk out of your funds and force you to prioritize other expenses. Doing a rate comparison can help to make sure you’re not throwing money away.
Unbelievable but true, the vast majority of consumers have purchased from the same company for more than four years, and about 40% of consumers have never shopped around. With the average premium in Georgia being $1,722, drivers could cut their rates by as much as $959 a year just by getting comparison quotes, but most just don’t grasp the rate savings if they moved their coverage to a different company. Because you have many choices for buying lower-cost insurance for a Toyota Tacoma in Atlanta, it can be diffult for people to locate the best company.
Locating the best rates in Atlanta is really not that difficult. If you already have coverage or need new coverage, you can use these techniques to save money and still have adequate protection. Consumers just need to learn the best way to compare insurance rates from many different companies online.
Auto insurance providers offering cheap rates in Georgia
The companies shown below provide price quotes in Atlanta, GA. If several companies are displayed, it’s highly recommended you get rates from several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tacoma Double Cab 4WD||$292||$630||$444||$26||$134||$1,526||$127|
|Tacoma X-Runner 2WD||$162||$372||$444||$26||$134||$1,138||$95|
|Tacoma Double Cab 4WD||$192||$296||$406||$24||$122||$1,040||$87|
|Tacoma Double Cab TRD Off-Road Package 4WD||$164||$268||$370||$22||$110||$934||$78|
|Tacoma Double Cab TRD Sport Package 4WD||$254||$380||$406||$24||$122||$1,186||$99|
|Get Your Own Custom Quote Go|
Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can revise premium rates considerably.
The chart below shows how different deductible levels and can impact Toyota Tacoma insurance costs for each different age group. The premiums assume a single female driver, comprehensive and collision coverage, and no discounts are applied.
Cost comparison with and without full coverage
The diagram below visualizes the comparison of Toyota Tacoma insurance costs with full physical damage coverage and with liability coverage only. The rates are based on no accidents, no driving violations, $250 deductibles, married male driver, and no discounts are taken into consideration.
When to stop paying for full coverage
There is no specific rule to stop buying full coverage, but there is a general guideline. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.
For example, let’s say your Toyota Tacoma book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after paying the physical damage deductible. If it’s costing in excess of $200 annually for physical damage coverage, then you may want to consider only buying liability coverage.
There are some cases where dropping full coverage is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.
How You Can Control Toyota Tacoma Insurance Prices
Lots of factors are used when premium rates are determined. Some are pretty understandable such as your driving history, but others are not quite as obvious such as whether you are married or how financially stable you are. When buying insurance it’s important to understand the different types of things that help determine the rates you pay for insurance. When consumers understand what determines base rates, this enables informed choices that can help you get cheaper rates.
The items below are some of the items utilized by car insurance companies to help set your prices.
Single vs. married – Walking down the aisle may earn you lower rates on your policy. It translates into being more mature than a single person it has been statistically shown that drivers who are married file infrequent claims.
High credit equals lower prices – Having a bad credit score is a big factor in determining your rates. Therefore, if your credit history can be improved, you could pay less to insure your Toyota Tacoma if you improve your credit rating. Insureds with good credit tend to be more responsible and file fewer claims as compared to drivers with poor credit scores.
Is your vehicle theft-ready? – Buying a car with an alarm system can help lower your premiums. Systems that thwart thieves like GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent your car from being stolen.
Adjust coverage deductibles and save – Comp and collision deductibles define the amount you are required to spend out-of-pocket if the claim is covered. Protection for physical damage, also called ‘full coverage’, protects your car from damage. Some instances where coverage would apply are colliding with a stationary object, damage from fire, or theft of your vehicle. The larger the amount you pay before a claim is paid (deductible), the better rate you will receive.
Tickets hurt – Careful drivers tend to pay less for car insurance than bad drivers. Getting just one driving citation can increase the cost of insurance by as much as twenty percent. People who have multiple violations such as DWI, reckless driving or hit and run convictions may find they need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent their license from being revoked.
Toyota Tacoma insurance loss probability – Insurers analyze past claim statistics to determine a rate that will be profitable for them. Vehicles that have higher claim frequency or loss amount will have a higher premium rate. The table below shows the compiled insurance loss statistics for Toyota Tacoma vehicles.
For each policy coverage type, the loss probability for all vehicles, as an average, is equal to 100. Numbers under 100 imply a favorable loss record, while values that are 100 or greater point to more frequent losses or an increased chance of larger losses than average.
Toyota Tacoma Insurance Loss Statistics
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Toyota Tacoma Double Cab 2WD||79||109||70||77||76||92|
|Toyota Tacoma Double Cab 4WD||82||104||84||64||56||77|
|Toyota Tacoma Double Cab LWB 2WD||87||108||74||96|
|Toyota Tacoma Double Cab LWB 4WD||84||104||88||68||57||79|
|Toyota Tacoma Xtra Cab 2WD||80||105||60||86||75||96|
|Toyota Tacoma Xtra Cab 4WD||71||90||77||48||51||65|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Discount Atlanta car insurance rates
Some providers do not list all possible discounts in a way that’s easy to find, so we break down some of the more common and the harder-to-find discounts that you may qualify for.
- Early Renewal Discounts – Some larger companies give discounts for switching companies prior to your current Tacoma insurance policy expiration. It’s a savings of about 10%.
- Atlanta Homeowners Discount – Simply owning a home can save a few bucks because owning a home requires a higher level of personal finance.
- Discounts for Cautious Drivers – Drivers who avoid accidents can pay as much as 50% less compared to accident prone drivers.
- Senior Discount – Drivers over the age of 55 can possibly qualify for lower premium rates.
- No Charge for an Accident – This isn’t a discount exactly, but companies like Liberty Mutual and GEICO permit an accident without raising rates if you are claim-free for a particular time prior to the accident.
- Lower Rates for Military – Having a family member in the military may lower your premium rates slightly.
- Air Bag Discount – Factory options such as air bags or motorized seat belts may get savings up to 30%.
- Discounts for Seat Belt Usage – Drivers who require all occupants to use a seat belt may be able to save a few bucks on the premium charged for medical payments and/or PIP.
- Discount for Multiple Policies – If you have multiple policies and insure them both with the same insurance company you will save up to 20% and get you cheap Tacoma insurance.
- Multiple Vehicles – Drivers who insure multiple cars with the same car insurance company qualifies for this discount.
It’s important to understand that some credits don’t apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like all the discounts add up to a free policy, you’re out of luck.
If you would like to choose from a list of companies who offer online Toyota Tacoma insurance quotes in Atlanta, follow this link.
Local insurance agents
A lot of people just want to go talk to an agent and that is OK! Good agents are very good at helping people manage risk and help you file claims. One of the benefits of getting online price quotes is that you can find lower prices but also keep your business local.
After filling out this form (opens in new window), the coverage information is emailed to agents in your area who will gladly provide quotes for your coverage. You won’t need to leave your house since price quotes are sent immediately to you. If you need to compare rates from a specific insurance provider, you would need to find their quoting web page and submit a quote form there.
Picking the best insurer is decision based upon more than just a cheap price quote. Here are some questions to ask:
- Do they have a Better Business Bureau rating in Atlanta?
- Is the agent and/or agency licensed to do business in Georgia?
- Do the coverages you’re quoting properly cover your vehicle?
- Do you work with a CSR or direct with the agent?
- When do they do a full risk review?
- Do they specialize in personal lines coverage in Atlanta?
- Which companies do they recommend if they are an independent agency?
- Do you qualify for any additional discounts?
Below is a short list of car insurance companies in Atlanta that may be able to provide price quotes for Toyota Tacoma insurance in Atlanta.
Eddie Sanders – State Farm Insurance Agent
47 Perimeter Center E #130 – Atlanta, GA 30346 – (770) 394-5068 – View Map
Smaller companies may have the best rates
Georgia consumers can’t ignore all the ads that promise big savings for switching from the likes of State Farm, GEICO and Progressive. They all seem to make the same claim about savings if you get a free Atlanta car insurance quote and switch your car insurance policy to them.
How does every car insurance company charge lower premium rates? This is the trick they use.
Companies are able to cherry pick for the type of customer that will most likely be profitable. One example of this type of insured might be a married male, has other policies, and drives less than 5,000 miles a year. Anyone who matches those parameters receives the best rates in Atlanta and therefore will save if they switch.
Potential insureds who don’t meet this ideal profile may be forced to pay a higher rate and business not being written. If you listen closely, the ads state “people that switch” but not “all drivers who get quotes” save that much money. That is how insurance companies can make the claims of big savings. This emphasizes why drivers must get price quotes at each policy renewal. It’s not possible to predict which company will have better premium rates than you’re paying now.
In the end, you can save money
When you buy Atlanta car insurance online, it’s not a good idea to reduce needed coverages to save money. There are a lot of situations where consumers will sacrifice physical damage coverage only to regret that the few dollars in savings costed them thousands. The proper strategy is to get the best coverage possible at an affordable rate but still have enough coverage for asset protection.
We just covered some good ideas how you can shop for Toyota Tacoma insurance online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding inexpensive Atlanta car insurance quotes. Consumers could even find that the biggest savings come from the least-expected company. They may only write in your state and offer lower rates compared to the large companies like Progressive and GEICO.
For more information, feel free to browse these articles:
- Where can I buy Insurance? (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for a Company Car in Atlanta? (FAQ)
- How Much are Car Insurance Rates for Government Employees in Atlanta? (FAQ)
- Insurance Losses by Make and Model (iihs.org)
- All About Airbag Safety (State Farm)
- What is Gap Insurance? (Insurance Information Institute)