Are you trying to find cheaper Toyota FJ Cruiser insurance in Tampa? Trying to find the cheapest insurance for a Toyota FJ Cruiser in Florida can normally be difficult, but you can learn the following methods to find lower rates.
There are more efficient ways to shop for car insurance and you need to know the proper way to price shop coverage on a Toyota and get the lowest price from both online companies and Tampa agents.
Coverage statistics and figures
The premium table displayed below covers detailed analysis of insurance prices for Toyota FJ Cruiser models. Knowing how insurance quotes are calculated is important to be able to make decisions when shopping your coverage around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|FJ Cruiser 2WD||$296||$360||$418||$24||$124||$1,222||$102|
|FJ Cruiser 4WD||$330||$360||$418||$24||$124||$1,256||$105|
|Get Your Own Custom Quote Go|
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Rates do not factor in vehicle garaging location which can influence coverage prices significantly.
The illustration below demonstrates how deductibles and can influence Toyota FJ Cruiser insurance premiums for different age categories. The price estimates are based on a single female driver, comp and collision included, and no policy discounts are applied.
Rate comparison of full coverage and liability-only
The diagram below visualizes the comparison of Toyota FJ Cruiser yearly insurance costs when comparing full coverage to state minimum liability only. The price estimates are based on no accidents or driving violations, $250 deductibles, marital status is single, and no policy discounts are applied.
Should you buy full coverage or liability only?
There isn’t a written rule to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.
For example, let’s say your Toyota FJ Cruiser claim settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $3,000 after paying your policy deductible. If you are currently paying more than $300 a year for your policy with full coverage, then it may be the right time to buy liability only.
There are a few cases where dropping full coverage is not recommended. If you haven’t paid off your loan, you have to carry full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
How Insurance Providers Calculate Toyota FJ Cruiser Insurance Rates
Multiple criteria are used in the calculation when quoting car insurance. Some are pretty understandable such as your driving record, but other criteria are more transparent such as your marital status or your vehicle rating. Smart consumers have a good feel for the factors that come into play when calculating car insurance rates. When you know what positively or negatively controls the rates you pay, this helps enable you to make changes that may reward you with better car insurance rates.
The itemized list below are just a few of the factors used by your company to calculate rates.
Bad drivers pay high costs – Even one citation can increase the cost of insurance substantially. Drivers who don’t get tickets get better rates than their less careful counterparts. People who have multiple violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
The illustration below demonstrates how citations and fender-benders impact Toyota FJ Cruiser auto insurance costs for different ages of insureds. The rates are based on a married male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.
Prices increase with policy add-ons – Insurance policies have a lot of extra add-on coverages that can waste your money if you don’t pay attention. Add-on coverages like rental car coverage, accidental death, and extra life insurance coverage are examples of these. The coverages may be enticing initially, but if you don’t need them remove them from your policy.
Your address can impact price – Having an address in smaller towns and rural areas of the country is a positive aspect when insuring your vehicles. People in densely populated areas have to deal with more road rage incidents and a longer drive to work. Fewer drivers means less chance of accidents and also fewer theft and vandalism claims.
Insurance premiums are higher for high performance vehicles – The make and model of the vehicle you are insuring makes a significant difference in your rates. The most favorable rates are usually found on small economy passenger vehicles, but the final cost of insurance is determined by many other factors.
The following chart uses these variables: single male driver age 50, full coverage with $250 deductibles, and no discounts or violations. It shows Toyota FJ Cruiser insurance premiums compared to other makes and models that have a range of performances.
How credit rating affects car insurance rates – Credit history is a large factor in calculating your premium rate. If your credit history could use some work, you could pay less to insure your Toyota FJ Cruiser if you improve your credit rating. People with very good credit scores tend to be less risk to insure than drivers who have lower credit ratings.
Younger vs. older drivers – Young drivers in Florida have a tendency to be inattentive and easily distracted when driving and because of this, their car insurance rates are much higher. Parents adding a first-time driver onto your car insurance can cause a big jump in price. More mature drivers are more cautious drivers, tend to cause fewer accidents, and tend to be get fewer driving tickets.
The following data uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
Your employer and car insurance rates – Occupations such as doctors, police officers, and dentists have higher average rates attributed to job stress and extremely grueling work hours. Other professions such as scientists, athletes and the unemployed pay the least.
Lower rates for safer vehicles – Vehicles that have high safety ratings are cheaper to insure. Highly rated vehicles result in less severe injuries and lower injury rates means your insurance company pays less and cheaper rates on your policy. If your Toyota scored at minimum four stars on Safercar.gov you may be receiving a better rate.
Compare car insurance rates regularly to save
We covered a lot of ways to lower your Toyota FJ Cruiser insurance auto insurance rates in Tampa. The key thing to remember is the more you quote Tampa car insurance, the more likely it is that you will get a better rate. You may even discover the biggest savings come from some of the smallest insurance companies.
When buying insurance coverage, never reduce coverage to reduce premium. There have been many cases where an insured dropped full coverage and found out when filing a claim that the small savings ended up costing them much more. The proper strategy is to buy a smart amount of coverage at the lowest possible cost while not skimping on critical coverages.
Some insurance providers may not offer price quotes online and these small, regional companies only sell through independent insurance agencies. The cheapest Toyota FJ Cruiser insurance in Tampa can be sourced online and from local agencies, and you need to comparison shop both so you have a total pricing picture.
Steps to finding low-cost rates for Toyota FJ Cruiser insurance in Tampa
If your goal is the lowest price, then the best way to get discount Toyota FJ Cruiser insurance in Tampa is to compare prices regularly from different companies who provide car insurance in Florida.
- Take a few minutes and learn about how auto insurance works and the factors you can control to drop your rates. Many rating criteria that cause rate increases like traffic tickets, fender benders, and poor credit history can be eliminated by paying attention to minor details.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like Progressive or State Farm, while agents who are independent can provide price quotes from many different companies.
- Compare the price quotes to your current policy and determine if there is any savings. If you find a lower rate and decide to switch, ensure there is no coverage lapse between policies.
- Notify your current company to cancel your current coverage and submit payment and a completed application for your new policy. Once the application is submitted, safely store the certificate verifying coverage in your vehicle.
One piece of advice is to use the same physical damage deductibles and liability limits on each quote and and to analyze every company you can. This provides an accurate price comparison and a good representation of prices.
Additional car insurance information is located at these links:
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- How Much is Tampa Auto Insurance for Drivers Over Age 50? (FAQ)
- Who Has the Cheapest Auto Insurance for High Risk Drivers in Tampa? (FAQ)
- What Insurance is Cheapest for Drivers with Bad Credit in Tampa? (FAQ)
- How Much are Auto Insurance Rates for Drivers Under 21 in Tampa? (FAQ)
- Who Has Affordable Tampa Car Insurance Quotes for a Jeep Wrangler? (FAQ)
- How Much is Car Insurance for Felons in Tampa? (FAQ)
- Who Has Cheap Tampa Auto Insurance for Retired Military? (FAQ)
- What Car Insurance is Cheapest for Teachers in Tampa? (FAQ)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Determining Auto Insurance Rates (GEICO)
- Auto Crash Statistics (Insurance Information Institute)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)