Auto Insurance Quotes for a Toyota Land Cruiser in Kansas City

How long have you put off shopping around for the cheapest Toyota Land Cruiser insurance in Kansas City? Did you make the mistake of buying high-priced Toyota Land Cruiser insurance in Kansas City? Trust us, there are a lot of people in Kansas City just like you who feel imprisoned by their car insurance policy.

It’s well known that car insurance companies want to keep you from shopping around. People who get price quotes annually will, in all likelihood, buy a new policy because there is a significant possibility of finding more affordable rates. Remarkably, a study showed that consumers who compared rates annually saved an average of $865 annually compared to policyholders who never shopped for cheaper rates.

If saving the most money on Toyota Land Cruiser insurance in Kansas City is your goal, then having some knowledge of the best ways to find and compare auto insurance can help simplify the process.

Big-name insurance companies like State Farm, Progressive and GEICO all promote huge savings with TV and radio ads and consumers find it hard to ignore the flashy ads and find the best price available.

It’s a good habit to compare rates before your next renewal because rates change frequently. Even if you think you had the best deal on Toyota Land Cruiser insurance in Kansas City a few years ago there may be better deals available now. Block out anything you think you know about car insurance because I’m going to teach you the fastest way to remove unneeded coverages and save money.

If you are insured now, you will surely be able to reduce the price you pay using the techniques covered below. Locating the best insurance company for you in Kansas City can be made easier if you know where to look. Nevertheless, Missouri vehicle owners do need to understand the methods companies use to sell online because it can help you find the best coverage.

When comparing car insurance rates, know that comparing a wide range of rates increases the chance that you will find lower pricing. Some insurance companies are not set up to provide online rate quotes, so you need to compare price quotes from the smaller companies as well.

The companies shown below can provide price comparisons in Missouri. If multiple companies are listed, we recommend you compare several of them to get the best price comparison.

Why you need insurance for your Toyota vehicle

Even though it’s not necessarily cheap to insure a Toyota in Kansas City, insurance is required by state law in Missouri and it also provides benefits you may not be aware of.

• The majority of states have mandatory insurance requirements which means state laws require specific limits of liability coverage if you drive a vehicle. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a lien on your vehicle, almost every bank will force you to have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the bank may insure your Toyota at a much higher rate and require you to fork over for it.
• Insurance protects both your Toyota Land Cruiser and your personal assets. It will also provide coverage for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense in the event you are sued. If your Toyota gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.

The benefits of having insurance are definitely more than the cost, especially if you ever need it. According to a 2015 survey, the average American driver overpays as much as $700 annually so smart consumers compare quotes once a year at a minimum to ensure rates are inline.

Car insurance statistics for a Toyota Land Cruiser

The table displayed next covers detailed analysis of coverage prices for Toyota Land Cruiser models. Understanding how car insurance prices are figured is important for you to make informed decisions when shopping around for a new policy.

Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Price information does not factor in your specific Kansas City location which can lower or raise insurance rates substantially.

Comparison of policy deductibles

One of the most common car insurance questions is how high should the deductibles for physical damage be. The comparisons below may help to illustrate the difference in cost when you select higher and lower physical damage coverage deductibles. The first table uses a $100 deductible and the second price table uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Rate information does not factor in vehicle location which can increase or decrease premiums significantly.

Based on the figures above, using a $100 deductible costs roughly $27 more each month or $324 annually across all Toyota Land Cruiser models than quoting the higher $500 deductible. Since you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 15 months between claims, you would more than likely save some money if you choose the higher deductible. Here is a better example of how you can make your own decision.

An important thing to remember is that raising deductibles to save money means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. You need to make sure you have enough money put aside in the event you need to pay more to get your vehicle repaired.

The information below demonstrates how deductible levels and can affect Toyota Land Cruiser insurance prices for each age group. Data assumes a married female driver, full physical damage coverage, and no policy discounts are applied.

Gender-based car insurance rates in Kansas City

The chart below illustrates the comparison of Toyota Land Cruiser insurance prices for male and female drivers. The prices are based on a clean driving record, no claims, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are applied.

How much more does full coverage cost?

The diagram below compares Toyota Land Cruiser insurance premiums with full coverage compared to only the Missouri minimum liability coverage. The prices are based on no accidents, no driving violations, $1,000 deductibles, single marital status, and no discounts are applied.

Deciding between full coverage and liability only

There is no clear-cut formula for eliminating comp and collision coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s assume your Toyota Land Cruiser replacement cost is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after the policy deductible has been paid. If premiums are more than $600 annually to have full coverage, then you may want to consider only buying liability coverage.

There are a few cases where buying only liability insurance is not a good plan. If you still have a lienholder on your title, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should maintain full coverage.

Verify you’re getting every discount

Car insurance is not cheap, but there could be significant discounts to help offset the cost. Most are applied when you get a quote, but some must be asked for prior to receiving the credit.

• Accident Waiver – This isn’t a discount exactly, but companies like Allstate and GEICO permit an accident before raising your premiums if you are claim-free for a particular time prior to the accident.
• Low Mileage Discounts – Keeping the miles down on your Toyota could be rewarded with lower auto insurance rates due to less chance of an accident.
• No Claim Discounts – Drivers who don’t have accidents can earn big discounts as opposed to accident-prone drivers.
• Discount for New Cars – Adding a new car to your policy is cheaper compared to insuring an older model.
• Driver’s Ed – Cut your cost by having your teen driver successfully take a driver’s education course if offered at their school.

As is typical with insurance, most credits do not apply to the whole policy. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, that’s just not realistic. But any discount should help lower the cost of your policy.

The information below illustrates the difference between Toyota Land Cruiser insurance costs with and without discounts applied to the policy rates. The premiums are based on a female driver, no claims or violations, Missouri state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, claim-free, multi-car, and homeowner discounts applied.

A few companies that may include these discounts include:

• State Farm
• American Family
• AAA
• GEICO
• Mercury Insurance
• Farmers Insurance
• Progressive

When quoting, ask each company which credits you are entitled to. Some discounts listed above might not apply in Kansas City. If you would like to view insurers that provide some of the discounts listed above in Missouri, click here.

Car insurance is unique, just like you

When it comes to coverage for your personal vehicles, there isn’t really a one-size-fits-all type of policy. Your financial needs are unique so your insurance should reflect that
Here are some questions about coverages that may help you determine whether your personal situation might need professional guidance.

• How high should deductibles be on a Toyota Land Cruiser?
• Who does medical payments coverage extend to?
• How long can I keep a teen driver on my policy?
• What if I total my Toyota Land Cruiser and owe more than it’s worth?
• Are there any extra discounts I can get?
• Can my teen drive my company car?
• Should I pay a claim out-of-pocket?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Car insurance companies ranked

Insuring your vehicle with the right company is difficult considering how many different insurance companies sell coverage in Missouri. The information displayed below could help you decide which auto insurers to look at putting your business with.