Trying to find low-cost insurance for a new or used Toyota Tacoma in Colorado can turn out to be a painful process, but you can learn a few tricks to save time.
There are both good and bad ways to compare insurance rates and you need to know the quickest way to compare rates for a new or used Toyota and locate the cheapest rates either online or from Fort Collins insurance agents.
It's a good habit to compare prices yearly because insurance prices are constantly changing. Even if you think you had the lowest rates on Toyota Tacoma insurance in Fort Collins two years ago the chances are good that you can find a lower premium rate today. There are lots of tips to save on Tacoma insurance online, but in this article, you're going to get the best ways to quit paying high insurance rates in Fort Collins.
The majority of larger companies make it easy to get prices on their websites. Comparing Toyota Tacoma insurance rates online is pretty painless as you simply enter your required coverages on the page. Upon sending the form, the company's rating system automatically orders your driving and credit reports and gives you a price quote based on the information you submitted.
The ability to get online rate quotes for Toyota Tacoma insurance in Fort Collins helps simplify price comparisons, and it's very important to compare as many rates as possible if you want to find a better rate.
To get comparison pricing now, compare rate quotes from the providers shown below. If you have a policy now, it's recommended you input deductibles and limits exactly as shown on your declarations page. Using the same limits helps guarantee you will receive rate quotes based on identical coverages.
The providers in the list below are our best choices to provide quotes in Colorado. If the list has multiple companies, we suggest you compare several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tacoma Double Cab 4WD||$164||$330||$426||$26||$128||$1,074||$90|
|Tacoma X-Runner 2WD||$162||$332||$358||$22||$108||$982||$82|
|Tacoma Double Cab 4WD||$148||$244||$338||$20||$100||$850||$71|
|Tacoma Double Cab TRD Off-Road Package 4WD||$194||$314||$338||$20||$100||$966||$81|
|Tacoma Double Cab TRD Sport Package 4WD||$214||$362||$396||$24||$118||$1,114||$93|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Prices do not factor in specific zip code location which can modify coverage rates noticeably.
How accidents and violations affect rates in Fort Collins
The information below illustrates how traffic citations and accident claims increase Toyota Tacoma insurance costs for each age group. The information is based on a married female driver, comp and collision included, $500 deductibles, and no discounts are applied.
Higher deductibles lower rates
The illustration below demonstrates how deductible levels and can influence Toyota Tacoma insurance rates for different age groups. The rates are based on a married male driver, comp and collision included, and no other discounts are factored in.
Here's why insurance is not optional
Despite the fact that insurance is not cheap in Fort Collins, maintaining insurance is required in Colorado but it also protects you in many ways.
- The majority of states have mandatory liability insurance requirements which means you are required to carry a specific level of liability protection in order to drive the car legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Tacoma has a loan, it's most likely the lender will make it a condition of the loan that you have full coverage to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank may buy a policy for your Toyota at a much higher rate and require you to pay the higher price.
- Insurance protects both your assets and your Toyota. It will also cover medical bills for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay to defend you if anyone sues you for causing an accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.
The benefits of insuring your car are definitely more than the cost, specifically if you ever have a liability claim. Today the average American driver is wasting up to $700 annually so you should quote your policy with other companies at least once a year to be sure current rates are still competitive.
Lower Your Fort Collins Insurance Prices
It's important that you understand some of the elements that aid in calculating your premiums. If you understand what determines base rates, this allows you to make good choices that could help you find big savings. Lots of things are used in the calculation when pricing auto insurance. Most are fairly basic such as your driving record, but some are more obscure like where you live or how safe your car is.
The list below includes a few of the "ingredients" used by insurance companies to determine your prices.
Increase comp and collision deductibles and save - Coverage for physical damage, aka comp and collision, insures against damage to your Toyota. Examples of some claims that would be covered are a broken side mirror, collision with an animal, or theft. The deductibles you choose define the amount you are willing to pay if a covered claim is submitted. The more money you have to pay, the better rate you will receive.
Obey driving laws and save - Your driving citation history has a huge affect on how much you pay. Good drivers pay lower auto insurance prices than bad drivers. Getting just one ticket can boost insurance rates forty percent or more. Drivers unfortunate enough to have careless citations such as DWI, reckless driving or hit and run convictions may find that they have to to maintain a SR-22 to the state department of motor vehicles in order to prevent their license from being revoked.
High credit means lower prices - Having a bad credit score can be an important factor in determining premium rates. People that have very high credit ratings tend to be better risks to insure than drivers who have poor credit. If your credit score is not that good, you may save money insuring your Toyota Tacoma by taking the time to improve your credit score.
Premiums are impacted by vehicle performance - The performance level of the car or truck you are trying to find cheaper insurance for makes a significant difference in your car insurance bill. The best insurance prices are usually found on small economy passenger cars, but there are many factors that impact the final cost. Since the Toyota Tacoma falls in the pickup truck class, insurance will be similar in price when compared to the average rates in Fort Collins.
Insurance loss data for Toyota Tacoma vehicles - Companies include the past claim trends for vehicles to determine a rate that will be profitable for them. Models that historically have a trend towards higher claim severity or frequency will cost more to insure. The information below illustrates the loss history for Toyota Tacoma vehicles.
For each type of coverage, the claim amount for all vehicles compiled together is represented as 100. Numbers shown that are under 100 suggest a positive loss record, while numbers above 100 indicate higher probability of having a loss or a tendency for claims to be larger.
Toyota Tacoma Insurance Claim Statistics
|Specific Toyota 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 Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Toyota Tacoma insurance discounts in Fort Collins
Car insurance is not cheap nor is it fun to buy but you might find some hidden discounts that can dramatically reduce your bill. A few discounts will be applied when you quote, but a few need to be asked for before you will receive the discount. If you don't get every credit you deserve, you could be paying more than you need to.
- Good Grades Discount - Getting good grades may save you up to 25%. This discount can apply up until you turn 25.
- Safety Course Discount - Taking time to complete a defensive driver course could cut 5% off your bill and easily recoup the cost of the course.
- Passive Restraint Discount - Factory options such as air bags or motorized seat belts may get savings as much as 30%.
- Pay Now and Pay Less - If paying your policy premium upfront as opposed to paying monthly you can actually save on your bill.
- Telematics Data - Drivers that enable their car insurance company to monitor driving manner by using a telematics device such as State Farm's In-Drive could save a few bucks if their driving habits are good.
- Memberships - Belonging to specific professional or occupational memberships or organizations can get you a small discount on car insurance.
Consumers should know that most discount credits are not given to all coverage premiums. A few only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all those discounts means the company will pay you, you're out of luck.
Auto insurance companies who might offer these benefits are:
When comparing rates, check with every prospective company which discounts you qualify for. Depending on the company, some discounts may not apply everywhere. To see a list of providers who offer discounts in Colorado, follow this link.
Don't assume everyone needs the same auto insurance coverage
When it comes to choosing the right insurance coverage for your vehicles, there is no one-size-fits-all type of policy. Your needs are unique to you so your insurance needs to address that. For example, these questions could help you determine if you might need professional guidance.
- What is the ISO rating for a Toyota Tacoma?
- What are good deductibles for a Toyota Tacoma?
- Should I buy additional glass protection?
- Do I benefit by insuring my home with the same company?
- Does my insurance cover damage caused when ticketed for reckless driving?
- What is the minimum liability in Colorado?
- Does coverage extend to Mexico or Canada?
If you don't know the answers to these questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.
Insurance quotes from local Fort Collins insurance agents
A small number of people would prefer to get professional advice from a licensed agent and that is a smart decision Experienced insurance agents are highly skilled in risk management and help file insurance claims. The biggest benefit of comparing insurance online is that you can obtain cheap insurance quotes but still work with a licensed agent. And providing support for local agents is especially important in Fort Collins.
Upon completion of this quick form, your insurance data is transmitted to local insurance agents who will give competitive quotes for your business. You don't have to leave your house because quoted prices will be sent to your email. If you need to get a comparison quote from a specific insurance provider, you would need to navigate to their website and fill out the quote form the provide.
If you are wanting to purchase insurance from a reliable agent, you must know there are a couple types of agencies that you can choose from. Insurance agencies are considered either exclusive or independent (non-exclusive). Either one can insure your vehicles, but it is a good idea to know the difference in how they write coverage because it can impact your agent selection.
Independent agencies are not locked into one company and that allows them to write policies with an assortment of companies and find the cheapest rate. To move your coverage to a new company, the agent simply finds a different carrier which makes it simple for you. If you are trying to find cheaper rates, we highly recommend that you check rates from several independent insurance agents to ensure the widest selection of prices. Most can insure with small mutual carriers which may provide better rates.
The following are Fort Collins independent insurance agents who may be able to give you pricing information.
- Welsh Insurance Agency, Inc.
4033 E Boardwalk Dr # 200 - Fort Collins, CO 80525 - (970) 207-4000 - View Map
- Daniel Insurance Agency
2627 Redwing Rd #330 - Fort Collins, CO 80526 - (970) 223-5902 - View Map
- Fort Collins Insurance Agency, LLC
1730 S College Ave #202 - Fort Collins, CO 80525 - (970) 222-9477 - View Map
Exclusive Insurance Agencies
Exclusive agencies have only one company to place business with such as Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot give you multiple price quotes so they have no alternatives for high prices. Exclusive agents are highly trained on their products and sales techniques which helps them sell on service rather than price. A lot of people use the same agent mostly because of the prominent brand name and the convenience of having a single billing for all their coverages.
Below are Fort Collins exclusive insurance agents who can help you get price quote information.
- State Farm: Eric Moskalski
1090 E Elizabeth St - Fort Collins, CO 80524 - (970) 493-1888 - View Map
- Farmers Insurance - Jennifer Richardson Fanning
1057 Robertson St - Fort Collins, CO 80524 - (970) 224-4285 - View Map
- American Family Insurance - Terry Danielson Agency Inc
732 S Lemay Ave b - Fort Collins, CO 80524 - (970) 226-0919 - View Map
Finding the right auto insurance agent should include more criteria than just the price. Any agent in Fort Collins should be forthright in answering these questions:
- When do they do a full risk review?
- Is there any savings for paying the full premium?
- Is auto insurance their primary focus in Fort Collins?
- Are they in the agency full-time?
- Are claim adjusters local or do you have to take your car somewhere else?
Once you have received reasonable responses as well as a affordable price, chances are good that you have found an insurance agent that is professional and can provide insurance coverage. Just keep in mind you can always cancel coverage whenever you choose to so don't feel that you are permanently stuck with any specific agency with no way to switch.
More quotes mean more car insurance savings
When you buy Fort Collins car insurance online, you should never reduce coverage to reduce premium. In too many instances, someone sacrificed physical damage coverage to discover at claim time that they should have had better coverage. The aim is to get the best coverage possible at an affordable rate.
In this article, we presented a lot of techniques to save on Toyota Tacoma insurance in Fort Collins. The most important thing to understand is the more times you quote, the better your chances of lowering your premium rates. Drivers may even discover the lowest auto insurance rates come from the least-expected company. Some small companies may often insure only within specific states and give getter rates compared to the large companies like State Farm or Progressive.
For more information, link through to the following helpful articles:
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
- Who Has Affordable Auto Insurance Quotes for a Jeep Wrangler in Colorado? (FAQ)
- What Car Insurance is Cheapest for Homeowners in Colorado? (FAQ)
- Insuring a Leased Car (Insurance Information Institute)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)