Toyota Tundra insurance image courtesy of QuoteInspector.com
Finding economical coverage for a Toyota Tundra is dependent upon a complicated rating formula that uses factors such as how you use your vehicle, the condition of your credit, and violations on your driving record. Drivers in Ohio will pay on average $983 a year to insure their Tundra, but that amount is an approximation calculated using a 40-year-old single female driver with full comprehensive and collision coverage and $100 deductibles.
When estimating a car insurance rate like we just did, the issue is that you are not 40 and maybe not even a female, maybe you are married instead of single, or maybe you prefer higher deductibles. Having the smallest difference in the rating criteria used to formulate rates can result in a big discrepancy in rates.
There is no perfect policy for every driver, so the only way to find the most affordable coverage for your Toyota is to do the rate comparisons yourself. In less than five minutes you will receive rate quotes from the cheapest companies that insure vehicles in Ohio.
Vehicle trim level will have an impact price, so the price to insure a Tundra Regular Cab 2WD trim level will be $214 less expensive the price to insure the higher-end Tundra SR/5 Crew Max 4WD trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tundra Regular Cab 2WD||$164||$328||$334||$20||$100||$946||$79|
|Tundra SR/5 Double Cab 2WD||$188||$398||$334||$20||$100||$1,040||$87|
|Tundra SR/5 Crew Max 2WD||$188||$398||$334||$20||$100||$1,040||$87|
|Tundra Regular Cab 4WD||$212||$398||$334||$20||$100||$1,064||$89|
|Tundra Double Cab 4WD||$212||$398||$334||$20||$100||$1,064||$89|
|Tundra SR/5 Double Cab 4WD||$212||$398||$334||$20||$100||$1,064||$89|
|Tundra Limited Double Cab 2WD||$212||$470||$334||$20||$100||$1,136||$95|
|Tundra Limited Crew MAX 2WD||$212||$470||$334||$20||$100||$1,136||$95|
|Tundra Limited Crew MAX 4WD||$236||$470||$334||$20||$100||$1,160||$97|
|Tundra SR/5 Crew Max 4WD||$236||$470||$334||$20||$100||$1,160||$97|
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Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Information does not factor in your specific Columbus location which can revise premium rates noticeably.
Finding dependable, cost effective auto insurance is not easy, and figuring out which company has the most affordable car insurance rates for a Toyota Tundra takes even more diligence. Every insurance company has a unique approach to set premium rates, so let's begin by examining the overall cheapest car insurance companies in Columbus.
It's a good idea to know that Ohio car insurance rates are based on many factors that can increase the price of your policy. This price variation is why Columbus drivers need to shop around to get cheap insurance rates for a Toyota Tundra. Prices can be determined by many different factors and change dramatically, so the cheapest option a year ago may now be an over-priced policy.
Cheapest Insurance Rates for Your Tundra
Utica National may offer some of the best car insurance rates in Columbus at around $647 each year. This is $393 less than the average price paid by Ohio drivers of $1,040. Allied, Erie, Travelers, and Frankenmuth also rank well as some of the most economical Columbus, OH insurance companies.
In the above example, if you currently buy coverage from Erie and switched to Utica National, you might see a yearly price reduction of around $34. Customers with Travelers could save as much as $58 a year, and Frankenmuth insureds might lower prices by up to $61 a year.
To see if your current coverage is too expensive, click here to start your free quote or quote rates from the companies below.
Be aware that those prices are averages for all ages of drivers and types of vehicles and and are not figured with a vehicle location for a Toyota Tundra. So the company that fits your needs best may not even be in the top 33 companies shown above. That helps illustrate why you need to get auto insurance quotes using your own individual information.
Safe drivers pay less for car insurance
The recommended way to snag the most affordable car insurance premiums for a Tundra is to drive safe and avoid at-fault accidents and violations. The diagram below demonstrates how speeding tickets and accident claims increase insurance costs for each different age group. Data assumes a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.
The data in the chart shows the average cost of a car insurance policy in Columbus per year with no accidents or violations is $1,657. Add in two speeding tickets and the average cost swells to $2,194, an increase of $537 each year. Next add one accident along with the two speeding tickets and the 12-month cost of car insurance for a Toyota Tundra goes up to an average of $2,730. That's an increase of $1,073, or $89 per month, just for being a careless driver!
The diagram below highlights how deductible selection can change insurance costs when trying to find cheap insurance for a Toyota Tundra. The premium estimates are based on a single female driver, comp and collision included, and no discounts are taken into consideration.
The chart above illustrates that a 30-year-old driver could reduce rates by $288 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $434 by using a $1,000 deductible. Even younger drivers, like the age 20 example, could drop their prices $640 every year by using higher deductibles when buying full coverage. If you do decide to increase your deductibles, it's a good idea to have plenty of savings on hand to be able to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
How to find economical car insurance for a Toyota Tundra
The list below details many money-saving suggestions that can help Columbus drivers buy more affordable coverage.
- Buying your home and auto policies from the same company can earn a discount
- Good credit can save money
- Lower rates by purchasing a safer vehicle
- Don't waste money on full coverage for older vehicles
- Prevent price hikes by avoiding at-fault accidents
- Compare prices frequently to find the best deal
That final tip is remarkably significant, as we pointed out in this article. Rates can change considerably based on profitability, so don't be hesitant to buy from a different company if a better rate can be found.
Sticking with a specific company is fine, but it isn't a good idea if your bullheadedness ends up costing you money that could be used for better things. Take a couple minutes and compare rates to find cheaper auto insurance for a Toyota Tundra in Columbus.