Cheapest Insurance for a Toyota 4Runner in Indiana

Cheapest Insurance for a Toyota 4Runner in Indiana

The chances of buying the cheapest coverage for a Toyota 4Runner in Indiana depends on lots of different rating factors such as miles driven annually, the performance level of your vehicle, and any prior driving offenses. Drivers in Indiana on average pay approximately $930 every 12 months for 4Runner insurance, but that amount is an approximation that uses rate data for a 30-year-old married male driver who needs full physical damage coverage and $100 policy deductibles.

Most likely you are not 30 and maybe not even a male, single instead of married, or maybe your 4Runner is an older model. Having even a minor difference in rating factors can result in a massive change in how much coverage for a Toyota 4Runner costs.

Insurance prices are based on the driver profile your best shot at finding the cheapest rates for your Toyota is to do the rate comparisons yourself.

Find Cheaper Toyota 4Runner Insurance

The trim level of your Toyota tends to have a direct impact on price, so the price to insure a 4Runner Sport 2WD model will cost $188 less than the insurance cost for the more expensive 4Runner Limited 4WD trim level, as shown by the rates below.

Toyota 4Runner Insurance Rates in Indiana
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
4Runner Sport 2WD $272 $358 $238 $14 $72 $954 $80
4Runner SR/5 2WD $272 $436 $238 $14 $72 $1,032 $86
4Runner Sport 4WD $272 $436 $238 $14 $72 $1,032 $86
4Runner SR/5 4WD $272 $436 $238 $14 $72 $1,032 $86
4Runner Trail Edition 4WD $304 $514 $238 $14 $72 $1,142 $95
4Runner Limited 2WD $304 $514 $238 $14 $72 $1,142 $95
4Runner Limited 4WD $304 $514 $238 $14 $72 $1,142 $95
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rates do not factor in Indiana location which can increase or decrease price quotes noticeably.

Indiana insurance companies

Choosing the best insurer can be difficult considering how many different companies insure vehicles in Indiana. The ranking data below can help you analyze which providers you want to consider shopping prices with. The ratings below include large nationwide companies, so companies without a large exposure will not be included in these rankings.

Top 10 Major Car Insurance Companies Overall in Indiana

  1. USAA
  2. 21st Century
  3. GEICO
  4. Nationwide
  5. AAA Insurance
  6. Liberty Mutual
  7. Safeco Insurance
  8. State Farm
  9. Travelers
  10. American Family

Top 10 Major Car Insurance Companies in Indiana Ranked by Value

  1. USAA
  2. GEICO
  3. AAA Insurance
  4. Erie Insurance
  5. State Farm
  6. Liberty Mutual
  7. Safeco Insurance
  8. Allstate
  9. 21st Century
  10. Titan Insurance

Top Companies for Toyota 4Runner Insurance in Indiana

Careless drivers pay higher rates

In a perfect world, the ideal way to score the most affordable insurance rates in Indiana for a 4Runner is to be a good driver and not have accidents or get tickets. The example below shows how traffic citations and at-fault collisions influence premium costs for each different age category. The price estimates are based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are applied.

In the previous example, the average cost of auto insurance in Indiana per year with a clean driving record and no accidents is $1,690. Factor in one speeding ticket and the average cost rises to $1,901, an increase of $211 each year. Then include one accident along with the one speeding ticket and the 12-month cost of insurance for a Toyota 4Runner increases to an average of $2,486. That’s an increase of $795, or $66 per month, just for not driving carefully!

The example below illustrates how choosing a deductible can change insurance costs when searching for cheap insurance for a Toyota 4Runner. The data assumes a married male driver, comprehensive and collision coverage, and no discounts are factored in.

As shown above, a 50-year-old driver could cut expenses by $242 a year by increasing from a $100 deductible up to a $500 deductible, or save $368 by selecting a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could save as much as $804 or more just by choosing higher deductibles when buying full coverage. If you do decide to increase your deductibles, it is a good idea to have plenty of money set aside to offset the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

How to get the cheapest insurance for a Toyota 4Runner in Indiana

Below you’ll find many money-saving ideas that can help Indiana drivers get cheap coverage.

  • Vehicles with good safety ratings have lower liability rates
  • Higher credit ratings may save you money
  • Raise deductibles to save money
  • Avoid filing excessive claims
  • Buying home and auto together can help save money
  • Full coverage is expensive so only insure older vehicles for liability only
  • Keep rates low by comparing prices once a year

The final tip is remarkably important, as we emphasized in the article above. Prices charged by companies fluctuate considerably, so you should be ready to buy from a different company if a better deal can be had.

Loyalty to a specific company is fine, but it’s not a great idea if your bullheadedness ends up costing you lots of money. It only takes a couple minutes to shop around to find cheaper car insurance for a Toyota 4Runner.