Cheapest Insurance for a Toyota Tundra in Missouri

Whether or not you can find cheaper coverage for a Toyota Tundra in Missouri is contingent on a very complex rating algorithm that uses multiple factors like how many years you have been driving, if you have a lapse in coverage, and physical damage deductibles. Drivers on average pay around $710 per year to insure a Tundra, but that rate is a valuation calculated based on a 30-year-old married male driver that has full coverage and $1,000 physical damage deductibles.

But there is a high likelihood that you are not 30 and maybe not even a male, single instead of married, and there is a good chance that you need different coverage limits than the exampe. Not every driver requires the same auto insurance coverages, so the best way to find cheap insurance prices for your Toyota is to just take the time to do a thorough rate comparison. Rate quotes are easy and you can get prices from some of the cheapest companies that insure Toyota vehicles in Missouri.

Click Here to Start Your Quote

Your vehicle’s trim level tends to have a direct impact on the annual cost of coverage, so the cost to insure a Tundra Regular Cab 2WD model will be $128 cheaper than the insurance cost for the high end Tundra SR/5 Crew Max 4WD trim level, as shown in the prices below.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Missouri minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate information does not factor in Missouri location which can affect premiums greatly.

Comparing rates for low-priced car insurance is not the easiest thing to do, and finding out which company has the lowest-priced car insurance rates for a Toyota Tundra will take more quotes for comparison. Every insurance company uses different criteria for setting rates, so let’s begin by examining the overall cheapest car insurance companies in Missouri.

It’s important to understand that Missouri car insurance rates are calculated based on many things that may substantially change your annual premium. Taking a driver safety course, buying a different vehicle, or getting a ticket for running a stop sign can cause premium changes that can now make some companies cheaper in comparison to the competition.

Best Car Insurance Prices for Your Tundra

Click Here to Start Your Quote

USAA normally has some of the best car insurance rates in Missouri at around $662 per year. The Hartford, Electric, Allied, and Travelers also are some of the best Missouri insurance companies.

In the rate table above, if you have coverage with The Hartford and switched to USAA, you might realize annual savings of in the vicinity of $155. Customers with Electric may save as much as $179 a year, and Allied customers might see rate reductions of $205 a year.

Bear in mind that those prices are averaged across all insureds and vehicles and are not factoring in a specific rating modification for a Toyota Tundra. So the insurer that has the cheapest rates for you may not even be in the list of companies shown earlier. That helps illustrate why you need to get car insurance quotes using your own driver and vehicle profiles.

Bad driving habits will cost you more

The ideal way to receive the cheapest insurance for a Toyota Tundra in Missouri is to drive cautiously and avoid accidents and traffic citations. The diagram below demonstrates how speeding tickets and accident claims can raise auto insurance rates for different insured age categories. The premium estimates are based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

In the chart above, the average cost of auto insurance per year with no violations or accidents is $1,499. Get two speeding tickets and the average cost hikes up to $2,130, an increase of $631 each year. Then add in one accident along with the two speeding tickets and the annual cost of car insurance for a Toyota Tundra jumps again to an average of $2,760. That’s an increase of $1,261, or $105 per month, just for not being attentive to the road!

Cost comparison with and without full coverage

Finding the cheapest insurance for a Toyota Tundra in Missouri is probably important to most drivers, and one great way to buy cheaper insurance is to only buy liability coverage. The diagram below illustrates the difference between car insurance costs when comparing full coverage to liability only. The rates are based on no violations or accidents, $1,000 deductibles, single marital status, and no policy discounts are applied.

If the expense is averaged for all age categories, physical damage insurance costs an additional $1,538 per year more than buying just liability insurance. That proposes the question if you should buy full coverage at all. There is no exact rule for excluding full coverage on your policy, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

How to find the cheapest insurance for a Toyota Tundra

It’s not impossible to find cheaper rates, and here are a few penny-pinching solutions that can help Missouri drivers locate lower-cost coverage.

• Higher physical damage deductibles lower rates
• Full coverage is expensive so only insure older vehicles for liability only
• Pay for small claims rather than turning them in to your insurance company
• Higher credit scores can equal lower rates
• Save money by insuring your home and auto with the same company
• Drive vehicles with five-star safety ratings
• Shop around for cheaper prices often

The last tip in the list is especially critical, as we noted in this piece. Car insurance rates can change considerably in a year, so drivers shouldn’t be reluctant to switch companies if a more affordable price is available. We understand brand loyalty, but it’s not recommended if that dedication is costing several hundred dollars every year. Take a couple minutes and compare rates to find cheaper car insurance for a Toyota Tundra.

Who has the cheapest Toyota Tundra insurance quotes?

Consumers have many ways to quote cheap car insurance rates in Missouri, but the most popular methods are using an exclusive agency like State Farm or Liberty Mutual, a non-exclusive or independent agent, or from a direct company like Progressive or Geico.

You can use whichever you prefer, but it’s good to know the differences in how they give price quotes.

Independent insurance agents can place your business with multiple companies and can quote your policy with each one. They have the ability to compare multiple rates, which may provide you with a better chance of finding cheaper coverage. If your agent finds better pricing, they can switch companies in-house and the insured can keep the same agent.

A captive or exclusive agent is only able to quote rates with a single insurance company, a couple examples are State Farm and Allstate agents. This type of agents cannot provide other companys’ prices, so it’s a good idea to get additional price quotes.

Buying direct means you do not use an agent and instead buy from a direct company like Progressive or Esurance. Shopping for car insurance direct can be a good choice for people who do not need advice for asset protection and have a good understanding of what coverages they need.

So which of those three methods works best for finding the cheapest insurance for a Toyota Tundra in Missouri? The majority of people assume that buying direct yields the cheapest rates since there isn’t an agent involved, but unfortunately, that is not the case. We’d also like to say going through an independent agent guarantees the cheapest rates since there are more companies to choose from, but again, that’s not accurate. For the right applicant, the exclusive agents have coverage prices well below independent agents AND direct companies.

Since car insurance companies use so many rating factors, the best way to find out which one is cheapest is to compare lots of quotes. It takes a little work, but we recommend you get rate quotes from independent agents, exclusive agents, and direct companies to have the best rate selection. To see some of the cheapest online companies available, click here to view.