The most effective way to quote cheaper auto insurance rates in Columbus is to compare prices once a year from different companies in Ohio. You can compare prices by following these guidelines.
- Try to learn a little about how insurance works and the things you can control to prevent expensive coverage. Many factors that cause rate increases like accidents, traffic violations, and an imperfect credit history can be amended by improving your driving habits or financial responsibility.
- Request price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can give quotes from one company like GEICO or Farmers Insurance, while independent agents can provide price quotes for many different companies.
- Compare the quotes to your existing policy to see if a cheaper price is available in Columbus. If you find better rates and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Provide proper notification to your current company of your intention to cancel your existing policy and submit a down payment along with a signed application to your new company or agent. When you receive it, safely store the proof of insurance certificate in your glove compartment.
A key point to remember is that you’ll want to make sure you compare identical limits and deductibles on each price quote and and to look at as many car insurance companies as possible. This provides an accurate price comparison and the best price selection.
It’s a known fact that auto insurance companies don’t want their customers to go rate shopping. Drivers who perform rate comparisons are very likely to buy a different policy because there is a significant possibility of finding more affordable rates. A recent auto insurance study discovered that drivers who made a habit of comparing rate quotes saved approximately $70 a month compared to other drivers who never shopped around for better prices.
If finding the cheapest price on Toyota Highlander insurance is your ultimate goal, then having some knowledge of the best way to quote and compare insurance rates can save time and make the process easier.
Smart Buyers Know How to Find Insurance Cheaper
Multiple criteria are part of the equation when quoting car insurance. Some of the criteria are obvious like an MVR report, but other factors are less apparent like where you live or how financially stable you are. It’s important that you understand some of the elements that are used to determine insurance rates. When consumers understand what determines premiums, this empowers consumers to make smart changes that will entitle you to lower rates.
Listed below are some of the factors companies use to determine rates.
Annual mileage and car insurance premiums – The more you drive your Toyota annually the higher your rate. Almost all companies calculate rates determined by how the vehicle is used. Autos not used for work or commuting can get a lower rate compared to those used for work or business. Having the wrong rating on your Highlander may be costing you. Make sure your insurance coverage is rated on the right rating data.
Location can influence price – Being located in a small town may provide you with better prices when it comes to insurance. Less people corresponds to lower accident rates in addition to fewer liability claims. Drivers who live in large Ohio cities have to deal with more aggressive driving styles and a longer drive to work. Longer commute distances can result in more accidents.
Your spouse saves you money – Being married can get you a discount when shopping for insurance. Having a significant other is viewed as being more mature than a single person and statistics show married couples file fewer claims.
Physical damage deductibles – Protection for physical damage, also called ‘full coverage’, protects your Toyota from damage. Some examples of covered claims would be a broken side mirror, flood damage, and damage from a fallen tree branch. Physical damage deductibles define the amount you are willing to pay in the event of a claim. The higher the amount you pay before a claim is paid (deductible), the better rate you will receive.
Never let your policy expire – Driving your car without having proper coverage is a misdemeanor and you will pay a penalty because you let your insurance lapse. Not only will you pay higher rates, not being able to provide proof of insurance could earn you a fine, jail time, or a revoked license.
Claims statistics for a Toyota Highlander – Insurance companies include the past claim trends for vehicles when setting premium rates. Vehicles that have a higher amount or frequency of claims will have increased rates.
The table below outlines the insurance loss data used by companies for Toyota Highlander vehicles. For each type of coverage, the loss probability for all vehicles, as a total average, is a value of 100. Numbers below 100 suggest losses that are better than average, while percentages above 100 indicate more frequent claims or statistically larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Toyota Highlander 4dr 2WD||88||82||94||94||78||75|
|Toyota Highlander 4dr 4WD||95||86||117||88||74||78|
|Toyota Highlander Hybrid 4dr 4WD||111||143|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Finding cheap Toyota Highlander auto insurance quotes isn’t really that difficult. The only requirement is to invest a little time getting comparison quotes to find the company with the cheapest Toyota Highlander rate quotes.
Doing price comparisons online is so simple that it makes it a waste of time to spend time driving to different Columbus agent offices. The fact that you can get quotes online has made agencies unnecessary unless you prefer the professional advice of a local Columbus agent. It is possible with some companies obtain prices from the web but purchase the actual policy in an agency.
The providers in the list below are our best choices to provide quotes in Ohio. If multiple companies are listed, we recommend you get prices from several of them to get the most competitive price.
Insurance analysis for a Toyota Highlander
The coverage information displayed below highlights detailed analysis of insurance policy prices for Toyota Highlander models. Learning a little about how policy premiums are determined helps drivers make smart choices when purchasing an auto insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Highlander Sport 4WD||$170||$290||$256||$16||$76||$808||$67|
|Highlander SE 2WD||$170||$290||$256||$16||$76||$808||$67|
|Highlander Sport 2WD||$170||$290||$256||$16||$76||$808||$67|
|Highlander Limited 2WD||$190||$342||$256||$16||$76||$880||$73|
|Highlander SE 4WD||$190||$342||$256||$16||$76||$880||$73|
|Highlander Limited 4WD||$190||$342||$256||$16||$76||$880||$73|
|Highlander Hybrid 4WD||$190||$342||$256||$16||$76||$880||$73|
|Highlander Hybrid Limited 4WD||$190||$342||$256||$16||$76||$880||$73|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Table data does not factor in your specific Columbus location which can raise or lower premiums substantially.
Tickets and at-fault accidents raise rates
The chart below shows how traffic citations and at-fault accidents influence Toyota Highlander insurance costs for different insured age categories. The rate quotes are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.
Yearly insurance costs for men versus women
The information below illustrates the difference between Toyota Highlander insurance rates for male and female drivers. The rates are based on a clean driving record, no claims, comp and collision included, $100 deductibles, single status, and no policy discounts are applied.
Three good reasons to insure your Highlander
Despite the high cost, buying car insurance is required by state law in Ohio and it also provides benefits you may not be aware of.
First, almost all states have mandatory insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance coverage in order to be legal. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your car has a loan, most banks will require you to have insurance to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank may buy a policy for your Toyota at a significantly higher premium and force you to pay for it.
Third, car insurance protects both your car and your personal assets. It will also reimburse you for hospital and medical expenses for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also covers legal expenses if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car definitely exceed the cost, especially for larger claims. According to a recent study, the average American driver overpays more than $850 per year so compare rate quotes at every policy renewal to ensure rates are competitive.
Affordable rates by taking advantage of discounts
Some insurers do not list all available discounts very well, so the following is a list of both the well known as well as some of the hidden discounts that may be available. If you are not receiving all the discounts you qualify for, you are paying more than you should be.
- Distant Student – Any of your kids who are enrolled in higher education away from home without a vehicle on campus may qualify for this discount.
- Auto/Life Discount – Select insurance carriers reward you with lower prices if you buy some life insurance in addition to your auto policy.
- Discounts for Multiple Vehicles – Purchasing coverage when you have multiple vehicles with the same auto insurance company can reduce rates for all insured vehicles.
- ABS and Traction Control Discounts – Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more on Highlander insurance in Columbus.
- Discounts for Federal Employees – Active or former government employment could cut as much as 10% off with some auto insurance companies.
- Smart Student Discounts – Maintaining excellent grades could provide a savings of up to 20% or more. Most companies allow this discount until age 25.
- Columbus Homeowners Discount – Owning a house in Columbus can save a few bucks since home ownership is proof that your finances are in order.
- Club Memberships – Joining certain professional organizations could trigger savings when shopping for auto insurance.
Consumers should know that some credits don’t apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as liability and collision coverage. So when it seems like you can get free auto insurance, you’re out of luck.
The chart below illustrates the comparison of Toyota Highlander auto insurance costs with and without some available policy discounts. The price estimates are based on a female driver, no accidents, no driving violations, Ohio state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, safe-driver, and claim-free discounts applied.
A list of auto insurance companies and some of the discounts are detailed below.
- American Family offers discounts for defensive driver, early bird, bundled insurance, mySafetyValet, and good student.
- Farm Bureau has savings for multi-policy, good student, renewal discount, driver training, youthful driver, 55 and retired, and multi-vehicle.
- State Farm may offer discounts for good driver, accident-free, multiple policy, driver’s education, defensive driving training, and anti-theft.
- Travelers discounts include save driver, continuous insurance, multi-policy, payment discounts, home ownership, student away at school, and hybrid/electric vehicle.
- The Hartford includes discounts for bundle, vehicle fuel type, good student, defensive driver, and air bag.
- GEICO has discounts for driver training, membership and employees, daytime running lights, multi-policy, anti-lock brakes, and defensive driver.
- Progressive policyholders can earn discounts including good student, multi-vehicle, homeowner, continuous coverage, and multi-policy.
Double check with each company which discounts can lower your rates. Some discounts might not be offered on policies in every state.
Can’t I get rate quotes from local Columbus car insurance agents?
A small number of people just want to visit with an insurance agent and we recommend doing that Insurance agents are trained risk managers and give you someone to call. One of the best bonuses of comparing auto insurance online is you may find the lowest rates but also keep your business local.
By using this simple form, the quote information is instantly submitted to local insurance agents in Columbus who want to provide quotes and help you find cheaper coverage. It makes it easy because there is no need to leave your house as quotes are delivered to your email. If you have a need to get a comparison quote from one company in particular, just search and find their rate quote page to submit a rate quote request.
Finding a good company requires you to look at more than just a low price. Here are some questions you should ask.
- Can they provide you with a list of referrals?
- Are you getting all the discounts the company offers?
- Are they full-time agents?
- Will you work with the agent or an assistant?
- Are they actively involved in the community?
- Do they specialize in personal lines coverage in Columbus?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
Different types of Columbus car insurance agents
If you would like to find a good Columbus insurance agent, you need to know there are two types of agencies and how they operate. Insurance agencies in Columbus are either independent or exclusive depending on the company they work for. Either one can insure your vehicles properly, but we need to point out how they differ because it can factor into which type of agent you select.
Agents in the exclusive channel work for only one company like Farmers Insurance, Allstate, or State Farm. They generally cannot give you multiple price quotes so always compare other rates. Exclusive agents are highly trained on their company’s products and that enables them to sell even at higher rates.
Listed below are Columbus exclusive insurance agents who can help you get rate quotes.
Independent Insurance Agents
Agents in the independent channel often have many company appointments and that is an advantage because they can write policies with lots of companies and find you the best rates. If premiums increase, they can switch companies in-house and that require little work on your part. If you are comparing rate quotes, it’s a good idea to get rate quotes from multiple independent agents to get the best comparison.
Shown below are independent agencies in Columbus that can give you comparison quotes.
When should I discuss my situation with an agent?
When it comes to buying your policy for your vehicles, there is no one size fits all plan. Each situation is unique.
For instance, these questions could help you determine whether your personal situation might need professional guidance.
- How much cheaper are high deductibles?
- If my pet gets injured in an accident are they covered?
- Is business equipment covered while in my vehicle?
- Do I need added coverage for expensive stereo equipment?
- When can my company non-renew my policy?
- Do I need more liability coverage?
- How long can I keep a teen driver on my policy?
- Should I get collision insurance on every vehicle?
- Why do I need rental car insurance?
If you’re not sure about those questions, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form. It is quick, free and can help protect your family.
Compare but don’t skimp
Drivers who switch companies do it for any number of reasons including denial of a claim, delays in paying claims, delays in responding to claim requests or even extreme rates for teen drivers. Regardless of your reason for switching companies, finding a great new company can be easy and end up saving you some money.
When buying insurance coverage, you should never skimp on coverage in order to save money. There have been many cases where an insured cut collision coverage only to discover later that it was a big error on their part. Your strategy should be to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.
In this article, we covered many ideas to compare Toyota Highlander insurance prices in Columbus. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding inexpensive Columbus car insurance quotes. You may even be surprised to find that the lowest prices are with some of the smallest insurance companies.
More tips and info about auto insurance is available by following these links:
- Auto Theft Statistics (Insurance Information Institute)
- What Auto Insurance is Cheapest for Good Students in Columbus? (FAQ)
- How Much are Columbus Auto Insurance Quotes for Uninsured Drivers? (FAQ)
- Who Has Cheap Auto Insurance for a Honda Accord in Columbus? (FAQ)
- Who Has Affordable Columbus Auto Insurance for Handicapped Drivers? (FAQ)
- What Auto Insurance is Cheapest for 4×4 Vehicles in Columbus? (FAQ)
- Who Has Cheap Columbus Car Insurance Rates for College Students? (FAQ)
- Choosing a Car for Your Teen (State Farm)
- Should I Buy a New or Used Car? (Allstate)
- Child Safety Seats (Insurance Information Institute)