Cheapest Quotes for Toyota Tundra Insurance in Jersey City

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Discount Toyota Tundra insuranceSearching for more competitive Toyota Tundra insurance in Jersey City? Trying to find the cheapest insurance for your Toyota Tundra in New Jersey can be an all-consuming task, but you can follow our insurance buying tips and make it easy.

There is a right way and a wrong way to compare insurance rates and you need to know the proper way to price shop coverage for your Toyota and find the lowest possible price.

Smart consumers take time to do rate comparisons occasionally since insurance prices are usually higher with each renewal. Just because you found the best quotes on Toyota Tundra insurance in Jersey City six months ago you can probably find a better rate now. Don't believe everything you read about Tundra insurance on the internet, but by reading this article, you're going to learn some great ways to find cheap insurance in Jersey City.

Finding and comparing the cheapest coverage in Jersey City is actually quite simple. If you have coverage now or are shopping for new coverage, use these tips to lower your rates while maximizing coverage. Drivers only need an understanding of the most efficient way to get comparison quotes from many different companies online.

Cheap Toyota insurance prices in Jersey City

The companies shown below can provide price quotes in Jersey City, NJ. To buy the cheapest auto insurance in Jersey City, we recommend you visit several of them to get the most affordable price.

Rates and information analytics

The premium table displayed next outlines a range of coverage prices for Toyota Tundra models. Learning how insurance prices are figured can help guide drivers when making smart policy decisions.

Toyota Tundra Insurance Rates in Jersey City, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tundra Regular Cab 2WD $360 $632 $734 $44 $220 $1,990 $166
Tundra SR/5 Double Cab 2WD $412 $770 $734 $44 $220 $2,180 $182
Tundra SR/5 Crew Max 2WD $412 $770 $734 $44 $220 $2,180 $182
Tundra Regular Cab 4WD $466 $770 $734 $44 $220 $2,234 $186
Tundra Double Cab 4WD $466 $770 $734 $44 $220 $2,234 $186
Tundra SR/5 Double Cab 4WD $466 $770 $734 $44 $220 $2,234 $186
Tundra Limited Double Cab 2WD $466 $906 $734 $44 $220 $2,370 $198
Tundra Limited Crew MAX 2WD $466 $906 $734 $44 $220 $2,370 $198
Tundra Limited Crew MAX 4WD $518 $906 $734 $44 $220 $2,422 $202
Tundra SR/5 Crew Max 4WD $518 $906 $734 $44 $220 $2,422 $202
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Premium costs do not factor in specific zip code location which can revise prices considerably.

Raise deductibles and save

One of the more difficult decisions when buying auto insurance is how high should the physical damage coverage deductibles be. The tables below summarize the difference in cost between low and high physical damage deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second rate chart uses a $500 deductible.

Toyota Tundra insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tundra Regular Cab 2WD $324 $514 $544 $32 $162 $1,601 $133
Tundra SR/5 Double Cab 2WD $372 $626 $544 $32 $162 $1,761 $147
Tundra SR/5 Crew Max 2WD $372 $626 $544 $32 $162 $1,761 $147
Tundra Regular Cab 4WD $420 $626 $544 $32 $162 $1,809 $151
Tundra Double Cab 4WD $420 $626 $544 $32 $162 $1,809 $151
Tundra SR/5 Double Cab 4WD $420 $626 $544 $32 $162 $1,809 $151
Tundra Limited Double Cab 2WD $420 $738 $544 $32 $162 $1,921 $160
Tundra Limited Crew MAX 2WD $420 $738 $544 $32 $162 $1,921 $160
Tundra Limited Crew MAX 4WD $466 $738 $544 $32 $162 $1,967 $164
Tundra SR/5 Crew Max 4WD $466 $738 $544 $32 $162 $1,967 $164
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Toyota Tundra insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tundra Regular Cab 2WD $264 $414 $544 $32 $162 $1,416 $118
Tundra SR/5 Double Cab 2WD $302 $504 $544 $32 $162 $1,544 $129
Tundra SR/5 Crew Max 2WD $302 $504 $544 $32 $162 $1,544 $129
Tundra Regular Cab 4WD $340 $504 $544 $32 $162 $1,582 $132
Tundra Double Cab 4WD $340 $504 $544 $32 $162 $1,582 $132
Tundra SR/5 Double Cab 4WD $340 $504 $544 $32 $162 $1,582 $132
Tundra Limited Double Cab 2WD $340 $594 $544 $32 $162 $1,672 $139
Tundra Limited Crew MAX 2WD $340 $594 $544 $32 $162 $1,672 $139
Tundra Limited Crew MAX 4WD $380 $594 $544 $32 $162 $1,712 $143
Tundra SR/5 Crew Max 4WD $380 $594 $544 $32 $162 $1,712 $143
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Prices do not factor in specific location which can decrease or increase premiums noticeably.

Based on the data above, we can derive that using a $250 deductible costs roughly $19 more each month or $228 each year across all Toyota Tundra models than opting for the higher $500 deductible. Due to the fact that you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 13 months between claims, you would probably come out ahead going with the higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $250 deductibles: $153
Average monthly premium for $500 deductibles (subtract): - $134
Monthly savings from raising deductible: $19
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $19
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 raising deductibles results in a higher out-of-pocket expense when you have to file a claim. That will force you to have some money saved in order to pay the deductible to have repairs made.

Toyota Tundra liability rates compared to full coverage

The chart below visualizes the comparison of Toyota Tundra yearly insurance costs with full physical damage coverage compared to only buying liability only. The premiums assume no accidents, no driving violations, $1,000 deductibles, drivers are single, and no additional discounts are factored in.

When to drop comprehensive and collision

There is no definitive guideline of when to exclude comp and collision coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let's pretend your Toyota Tundra replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $7,000 after the policy deductible has been paid. If you are currently paying more than $700 annually for physical damage coverage, then you may want to consider only buying liability coverage.

There are some circumstances where removing full coverage is not a good idea. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Cheap Jersey City auto insurance rates with discounts

Insurance can cost an arm and a leg, but there could be significant discounts that can drop the cost substantially. Most are applied when you purchase, but lesser-known reductions have to be requested specifically before being credited. If you do not double check each discount you qualify for, it's possible you qualify for a lower rate.Save money with discounts

  • Fewer Miles Equal More Savings - Low annual miles may enable drivers to earn better prices on cars that stay parked.
  • Senior Discount - Mature drivers can possibly qualify for a discount up to 10%.
  • Paperwork-free - Some of the larger companies will provide an incentive shop Jersey City car insurance digitally online.
  • Service Members Pay Less - Being deployed with a military unit could trigger a small discount.
  • Anti-theft System - Vehicles optioned with advanced anti-theft systems help deter theft and that can save you a little bit as well.

Policy discounts save money, but many deductions do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as comprehensive or collision. Just because it seems like all the discounts add up to a free policy, you're out of luck. But all discounts will bring down your overall bill.

The chart below shows the comparison of Toyota Tundra insurance costs with and without some available policy discounts. The price estimates are based on a male driver, no accidents or driving violations, New Jersey state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, multi-car, safe-driver, marriage, and claim-free discounts applied.

To locate insurance companies who offer discounts in Jersey City, click here.

Insurance Price Influencing Factors

Lots of things are part of the equation when you quote your car insurance policy. Most are fairly basic such as traffic violations, but other criteria are not as apparent like your vehicle usage or how safe your car is. An important part of buying insurance is that you know the rating factors that help calculate auto insurance rates. When you know what positively or negatively determines premiums, this empowers consumers to make smart changes that could result in lower premium levels.

The itemized list below are a partial list of the pieces that factor into your rates.

Car insurance liability limits - The liability section of your policy provides coverage if you are found to be at fault for damages caused by your negligence. Liability insurance provides legal defense to defend your case. Liability insurance is pretty cheap as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.

Men drivers tend to cost more - Statistics show females are less aggressive when driving. However, this does not mean women are BETTER drivers than men. Both sexes get in accidents in similar numbers, but the male of the species cause more damage. They also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 are the most expensive to insure and therefore have the most expensive auto insurance rates.

The chart below shows the comparison of Toyota Tundra auto insurance rates for male and female drivers. The price estimates are based on no accidents, no driving violations, comp and collision included, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

Save money by having multiple policies - Some auto insurance companies afford a discount to insureds who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, you may still want to shop around to help ensure you have the lowest rates. You may still save money by splitting coverages up.

Pay more out-of-pocket - The deductibles you choose tell how much you are willing to pay in the event of a claim. Protection for physical damage, also called comprehensive and collision insurance, protects your car from damage. Some instances where coverage would apply are rear-ending another vehicle, damage caused by hail, and damage caused by road hazards. The more expense you are required to pay out-of-pocket, the lower your rates will be.

Rental and towing coverage may not be needed - There are many additional coverages that can waste your money on your auto insurance policy. Insurance for replacement cost coverage, towing coverage, and extra equipment coverage are examples of these. You may think they are a good idea when deciding what coverages you need, but your money might be better spent on other coverage so think about removing them and cutting costs.

File claims and pay more - If you're an insured who likes to file claims you can look forward to either policy cancellation or increased premiums. Car insurance companies in New Jersey give discounts to insureds who file claims infrequently. Your car insurance is intended to be relied upon for claims that you cannot pay yourself.

Urban residents pay more - Residing in small towns and rural areas can be a good thing when buying auto insurance. Lower population means reduced accidents and lower theft and vandalism rates. Urban drivers tend to have more auto accidents and longer commute times. More time on the road means more chance of being in an accident.

Insurance losses for a Toyota Tundra - Insurance companies take into consideration insurance loss statistics for every vehicle to determine a price that will be profitable for them. Models that historically have higher prevalence or dollar amount of losses will have higher rates. The table below illustrates the collected loss data for Toyota Tundra vehicles.

For each insurance policy coverage type, the claim amount for all vehicles, as a total average, is set at 100. Numbers under 100 suggest a better than average loss history, while percentages above 100 point to more frequent losses or larger claims.

Auto Insurance Loss Data for Toyota Tundra Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Tundra CrewMax 2WD 88 105 96 63 75 94
Toyota Tundra CrewMax 4WD 97 113 105 64 51 77
Toyota Tundra Double Cab 2WD 95 131 90 85 84 107
Toyota Tundra Double Cab 4WD 86 112 93 53 55 79
Toyota Tundra Double Cab LWB 4WD 93 115 69

Empty fields indicate not enough data collected
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Compare rate quotes but buy from a local Jersey City insurance agency

Many drivers would prefer to go talk to an agent and doing so can bring peace of mind Professional insurance agents are trained to spot inefficiencies and help you file claims. One of the best bonuses of comparing insurance prices online is that you can obtain cheap car insurance rates and also buy local. Putting coverage with neighborhood insurance agencies is still important in Jersey City.

Jersey City insurance agentsOnce you complete this simple form, the coverage information is instantly submitted to companies in Jersey City that can give you free Jersey City car insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to leave your house because prices are sent instantly to you. If you wish to compare rates from a specific car insurance provider, you can always jump over to their website and fill out their quote form.

If you want a good Jersey City insurance agent, you must know there are a couple different types of agencies to choose from. Car insurance agencies are classified as either independent (non-exclusive) or exclusive. Either can insure your vehicles, but it's worth learning how they are different because it can influence the type of agent you choose.

Independent Car Insurance Agencies or Brokers

Agents that choose to be independent are not restricted to one company and that gives them the ability to insure with lots of companies and find the cheapest rate. If they quote lower rates, they simply switch companies in-house and you can keep the same agent. When searching for an agent, we highly recommend that you compare quotes from at least one independent agent to have the most options to choose from. Many can place coverage with mutual insurance companies which can save you money.

Listed below is a small list of independent insurance agents in Jersey City that may be able to give you free car insurance rate quotes.

  • Sam's Insurance and Travel
    3396 John F. Kennedy Blvd - Jersey City, NJ 07307 - (201) 659-6800 - View Map

  • 2330 John F. Kennedy Blvd - Jersey City, NJ 07304 - (201) 435-4300 - View Map
  • MHM Insurance
    243 Central Ave # 1 - Jersey City, NJ 07307 - (201) 721-6081 - View Map

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Exclusive Agencies

Agents that elect to be exclusive can only write with one company such as State Farm, Allstate, and Farm Bureau. They are unable to provide rate quotes from other companies so always compare other rates. These agents are trained well in insurance sales which helps them sell insurance even at higher premiums. Some insured continue to buy insurance from these agents primarily because of the prominence of the brand and the convenience of having all coverages with one company.

The following are Jersey City exclusive insurance agents who can help you get rate quotes.

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Finding the right insurance agency should include more criteria than just the premium amount. You should also get answers to these questions.

  • How long has their agency been open in Jersey City?
  • Does the agent help file claims?
  • Do you qualify for any additional discounts?
  • Do they prorate repair cost based on vehicle mileage?
  • Can you choose the body shop in case repairs are needed?

Final considerations

As you shop your coverage around, it's not a good idea to skimp on coverage in order to save money. In many instances, an insured cut full coverage and learned later that it was a big mistake. The ultimate goal is to get the best coverage possible at a price you can afford, but don't skip important coverages to save money.

The cheapest Toyota Tundra insurance in Jersey City can be bought on the web in addition to many Jersey City insurance agents, so you should compare both so you have a total pricing picture. There are still a few companies who don't offer price quotes online and most of the time these smaller companies sell through independent agents.

We just presented some good ideas how you can reduce Toyota Tundra insurance rates online in Jersey City. The key concept to understand is the more companies you get car insurance rates for, the better your comparison will be. Consumers could even find that the lowest rates come from a smaller regional carrier.

Steps to finding cheaper rates for Toyota Tundra insurance in Jersey City

If you want to save the most money, the best way to find the cheapest price for Toyota Tundra insurance is to compare quotes annually from different companies who can sell car insurance in Jersey City. You can compare prices by following these steps.

  1. Gain an understanding of auto insurance and the measures you can take to prevent expensive coverage. Many rating factors that cause rate increases such as traffic tickets, fender benders, and a lousy credit rating can be amended by making minor changes in your lifestyle.
  2. Compare price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple companies.
  3. Compare the price quotes to the premium of your current policy to see if a cheaper rate is available. If you can save money, ensure there is no coverage lapse between policies.

The most important part of this process is to make sure you enter identical deductibles and limits on every quote request and and to compare all possible companies. Doing this guarantees a level playing field and a thorough selection of prices.

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