How Much Does Insurance Cost for a Toyota 4Runner in Maryland?

Our content editors always give us grief that when writing about car insurance, the word affordable should never appear as a descriptor for car insurance rates. It’s a simple fact that cheap auto insurance for a Toyota 4Runner can be difficult to find. But don’t let us ruin your dream, because we will teach you how you can still find car insurance that works with your budget.

Your odds of finding affordable coverage for a Toyota 4Runner in Maryland depends on many different factors like how far you commute, whether you have good credit, and your policy deductibles. Drivers pay on average $1,170 each year to buy Toyota 4Runner insurance, but that amount is a projection assuming a 40-year-old married male driver who needs full coverage and $250 policy deductibles.

There is a good probability you’re not a 40-year-old male, maybe you are single instead of married, and there is a good chance that other rated drivers impact the rate. Insurance is an individual thing, so the best way to quote cheap car insurance rates for your Toyota is to make a habit of comparing rates at every renewal. Price quotes are quick and you will be able to see rates from some of the most affordable companies in Maryland.

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The specific model of 4Runner impacts the insurance rate, so the price you pay to insure a 4Runner Sport 2WD model will cost $210 less than the insurance cost for the more well-appointed 4Runner Limited 4WD trim level, as shown by the rates below.

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Rate quotes do not factor in specific location information which can affect rates considerably.

Which auto insurance company is best in Maryland?

Choosing the top auto insurance company can be challenging considering how many different companies there are to choose from in Maryland. The ranking data below could help you select which coverage providers you want to consider when comparing rates. These ratings are only comprised of companies with a nationwide focus, so smaller regional companies are not factored into the list.

Get discounts on Maryland auto insurance rates

Insurance providers that offer cheap insurance for a Toyota 4Runner in Maryland may provide price discounts that could potentially reduce rates by as much as 35% or more if you are eligible. Companies and a selection of discounts are shown below.

• State Farm offers discounts including accident-free, multiple policy, student away at school, good driver, defensive driving training, and passive restraint.
• Farmers Insurance may include discounts for electronic funds transfer, homeowner, early shopping, business and professional, and mature driver.
• GEICO policyholders can earn discounts including driver training, multi-vehicle, military active duty, emergency military deployment, and good student.
• American Family includes discounts for accident-free, bundled insurance, good driver, good student, and early bird.
• Nationwide has savings for Farm Bureau membership, family plan, good student, accident-free, defensive driving, business or organization, and easy pay.
• Progressive has discounts for multi-policy, homeowner, online signing, good student, and multi-vehicle.

The diagram below compares insurance rates with and without discounts applied to the rates. The price estimates are based on a female driver, no claims, a clean driving record, Maryland state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with multiple vehicle, accident-free, multiple policy, vehicle safety, claim-free, and safe-driver discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on auto insurance for a Toyota 4Runner is 28% or $604.

Who has the cheapest Toyota 4Runner insurance quotes?

There are many different ways to compare auto insurance prices in Maryland, but the most common ways are from an independent insurance agent, an exclusive insurance agency such as State Farm or Allstate, or direct online or over the phone from a company like Progressive or Geico.

They all have the same end result, but buyers need to know the differences in how they provide rate quotes.

Independent insurance agents work for many companies and can quote your policy with all of them. Independent agents are not employed by only one company and can quote rates with many companies, which may provide you with improved odds of finding cheaper coverage. If premiums increase, an independent agent can move your coverage which prevents you from having to switch agents.

An exclusive agent is only able to quote your policy with one insurance company, for example a State Farm or Liberty Mutual agent. They are unable to provide other companys’ prices, so it’s a good idea to get additional price quotes.

If you want to buy auto insurance direct, you forego an exlusive or independent agent and instead buy from a direct company like Progressive. Shopping direct is a good choice for families who have fewer assets and know what specific coverages they need.

Which method is best for finding cheap insurance for a Toyota 4Runner in Maryland? It would be easy to say shopping direct results in the cheapest rates because you bypass the middleman, but that does not always hold true. It would also be easy to say buying auto insurance from an independent agent is the best way since they can provide multiple quotes, but again, it’s not a sure thing. In some circumstances, the exclusive agents have really good rates that are well below what direct and independents offer.

Due to that fact that auto insurance uses so many rating variables, really the best method to not overpay for auto insurance is to compare lots of quotes. Take some time and get prices from all three to get an idea of which is cheapest. For a list of companies offering online discounts, click here to view.

How to find more affordable car insurance for a Toyota 4Runner

The list below summarizes some of the better thrifty solutions that can help Maryland drivers buy lower-cost coverage.

• Increase deductibles to save money
• Do not insure for full coverage
• Prevent rate increases by staying accident-free
• Try paying for small claims out-of-pocket
• Violations like speeding or DUI increase rates
• Check for cheaper rates once a year

The final tip is notably critical, as we stressed in this piece. Rates in Maryland can be modified anytime, so don’t be hesitant to switch to a new company if a more affordable rate is found. Many consumers stick with the same company and that’s fine, but it’s not a great idea if that loyalty results in overpaying lots of hard earned cash every month. In less than five minutes you could compare prices and find cheaper car insurance for a Toyota 4Runner.