The best way to get budget Toyota Highlander insurance is to regularly compare quotes from providers who provide car insurance in Colorado Springs. Prices can be compared by following these steps.
- Get a basic knowledge of policy coverages and the changes you can make to keep rates down. Many factors that are responsible for high rates like multiple speeding tickets and poor credit history can be improved by being financially responsible and driving safely.
- Quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like Progressive or State Farm, while independent agencies can give you price quotes for a wide range of insurance providers.
- Compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you can save some money and make a switch, ensure coverage does not lapse between policies.
- Provide adequate notice to your current company to cancel your current car insurance policy and submit a completed application and payment to your new agent or company. Don’t forget to keep your new proof of insurance paperwork in an accessible location in your vehicle.
The most important part of shopping around is to make sure you enter similar coverage information on every quote request and and to get prices from as many auto insurance providers as possible. This ensures the most accurate price comparison and a complete price analysis.
It’s astonishing, but almost 70% of drivers renewed their policy with the same company for more than four years, and virtually 40% of consumers have never taken the time to shop around. The average driver in Colorado Springs can save hundreds of dollars each year by just comparing rate quotes, but most just don’t grasp the big savings they would realize if they changed companies.
This information will introduce you to how car insurance quotes work and how you can save the most money. If you are already insured, you will definitely be able to reduce the price you pay using the concepts covered in this article. You just have to use the most effective way to find the lowest price over the internet.
How to compare free Colorado Springs Toyota Highlander insurance quotes
The companies in the list below have been selected to offer free quotes in Colorado. To find cheap car insurance in Colorado, it’s highly recommended you visit two to three different companies to find the most affordable car insurance rates.
Car insurance is an important decision
Despite the potentially high cost of Toyota Highlander insurance, buying car insurance serves several important purposes.
- Almost all states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability coverage in order to be legal. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a loan on your vehicle, it’s guaranteed your bank will have a requirement that you have insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Toyota at a significantly higher premium and require you to pay the higher price.
- Car insurance protects your Toyota and your assets. It will also pay for medical transport and hospital expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees in the event you are sued. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.
The benefits of buying car insurance more than cancel out the cost, particularly when you have a large claim. The average driver in America is wasting up to $800 each year so we recommend shopping around every year to ensure rates are inline.
Toyota Highlander insurance coverage information
The premium information below covers detailed analysis of insurance coverage prices for Toyota Highlander models. Being more informed about how rate quotes are calculated is important to be able to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $336 | $552 | $474 | $28 | $142 | $1,532 | $128 |
| Highlander 4WD | $378 | $672 | $474 | $28 | $142 | $1,694 | $141 |
| Highlander Sport 4WD | $378 | $672 | $474 | $28 | $142 | $1,694 | $141 |
| Highlander SE 2WD | $378 | $672 | $474 | $28 | $142 | $1,694 | $141 |
| Highlander Sport 2WD | $378 | $672 | $474 | $28 | $142 | $1,694 | $141 |
| Highlander Limited 2WD | $422 | $792 | $474 | $28 | $142 | $1,858 | $155 |
| Highlander SE 4WD | $422 | $792 | $474 | $28 | $142 | $1,858 | $155 |
| Highlander Limited 4WD | $422 | $792 | $474 | $28 | $142 | $1,858 | $155 |
| Highlander Hybrid 4WD | $422 | $792 | $474 | $28 | $142 | $1,858 | $155 |
| Highlander Hybrid Limited 4WD | $422 | $792 | $474 | $28 | $142 | $1,858 | $155 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Table data does not factor in specific garaging location which can alter coverage rates substantially.
Policy deductible comparison
One frequently asked question is how high should the physical damage deductibles be. The tables below may aid in understanding the price difference of buying low and high physical damage coverage deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $302 | $448 | $352 | $20 | $106 | $1,253 | $104 |
| Highlander 4WD | $342 | $546 | $352 | $20 | $106 | $1,391 | $116 |
| Highlander Sport 4WD | $342 | $546 | $352 | $20 | $106 | $1,391 | $116 |
| Highlander SE 2WD | $342 | $546 | $352 | $20 | $106 | $1,391 | $116 |
| Highlander Sport 2WD | $342 | $546 | $352 | $20 | $106 | $1,391 | $116 |
| Highlander Limited 2WD | $380 | $644 | $352 | $20 | $106 | $1,527 | $127 |
| Highlander SE 4WD | $380 | $644 | $352 | $20 | $106 | $1,527 | $127 |
| Highlander Limited 4WD | $380 | $644 | $352 | $20 | $106 | $1,527 | $127 |
| Highlander Hybrid 4WD | $380 | $644 | $352 | $20 | $106 | $1,527 | $127 |
| Highlander Hybrid Limited 4WD | $380 | $644 | $352 | $20 | $106 | $1,527 | $127 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $168 | $236 | $352 | $20 | $106 | $882 | $74 |
| Highlander 4WD | $190 | $288 | $352 | $20 | $106 | $956 | $80 |
| Highlander Sport 4WD | $190 | $288 | $352 | $20 | $106 | $956 | $80 |
| Highlander SE 2WD | $190 | $288 | $352 | $20 | $106 | $956 | $80 |
| Highlander Sport 2WD | $190 | $288 | $352 | $20 | $106 | $956 | $80 |
| Highlander Limited 2WD | $210 | $340 | $352 | $20 | $106 | $1,028 | $86 |
| Highlander SE 4WD | $210 | $340 | $352 | $20 | $106 | $1,028 | $86 |
| Highlander Limited 4WD | $210 | $340 | $352 | $20 | $106 | $1,028 | $86 |
| Highlander Hybrid 4WD | $210 | $340 | $352 | $20 | $106 | $1,028 | $86 |
| Highlander Hybrid Limited 4WD | $210 | $340 | $352 | $20 | $106 | $1,028 | $86 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in vehicle garaging location which can change rates greatly.
Based on the above data, using a $100 deductible costs approximately $38 more each month or $456 a year than requesting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 24 months between claims, you would probably be better off if you choose the higher deductible.
Toyota Highlander insurance discounts in Colorado Springs
Properly insuring your vehicles can get expensive, but you may find discounts that could help you make your next renewal payment. Certain credits will be shown at the time of quoting, but lesser-known reductions have to be asked for in order for you to get them.
- Discount for Life Insurance – Companies who offer life insurance give a break if you buy auto and life insurance together.
- Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% but check with your company.
- Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and can earn a small discount on your policy.
- Anti-lock Brake System – Cars and trucks with anti-lock braking systems can stop better under adverse conditions and the ABS can save up to 10%.
- Active Service Discounts – Being deployed with a military unit could be rewarded with lower prices.
Don’t be surprised that many deductions do not apply to the whole policy. Most only reduce specific coverage prices like comprehensive or collision. If you do the math and it seems like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.
The diagram below illustrates the difference between Toyota Highlander yearly insurance costs with and without discounts applied to the premium. The data assumes a male driver, no claims or driving violations, Colorado state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, multi-car, and safe-driver discounts applied.
A few companies who might offer many of the previously listed discounts possibly include:
Before buying, ask all the companies the best way to save money. All car insurance discounts may not apply in every state. To find companies with discount insurance rates in Colorado Springs, click this link.
Compare prices but work with a local Colorado Springs insurance agent
Certain consumers just prefer to talk to a local agent and that can be a smart move Most agents can help determine the best coverages and help submit paperwork. The biggest benefit of comparing car insurance online is you can get the lowest rates and still buy from a local agent. Supporting small agencies is important especially in Colorado Springs.
To help locate an agent, after submitting this quick form, your insurance data is sent to agents in your area that can give you free Colorado Springs car insurance quotes for your business. It’s much easier because you don’t need to leave your house since price quotes are sent immediately to your email address. If you wish to quote rates from a specific company, just jump over to their website and fill out the quote form the provide.
Pick the best car insurance agent in Colorado Springs for you
When searching for local Colorado Springs agents, there are a couple of types of agencies that differ in how they can insure your vehicles. Car insurance agencies are classified as either independent agents or exclusive agents depending on their employer. Both can sell car insurance policies, but it’s important to know the difference in how they write coverage since it may influence the selection process.
Independent Car Insurance Agencies
These type of agents are not employed by one company so they have the ability to put coverage with a variety of different insurance companies and possibly get better coverage at lower prices. If prices rise, your agent can switch companies which makes it simple for you. When comparing car insurance rates, you definitely need to include at least one independent agent so that you can do a thorough price comparison. Many independent agencies also insure through smaller companies that may provide cheaper car insurance rates.
Featured below is a list of independent insurance agencies in Colorado Springs that may be able to give you price quotes.
- Mary Beth Stiltner Insurance Agency
1880 Dublin Blvd # C – Colorado Springs, CO 80918 – (719) 528-1555 – View Map - Solid Rock Insurance Agency
2850 Serendipity Cir W #230 – Colorado Springs, CO 80917 – (719) 574-0082 – View Map - O’Donnell Agency Inc
707 S Tejon St – Colorado Springs, CO 80903 – (719) 227-7100 – View Map
Exclusive Insurance Agencies
Agents that choose to be exclusive are contracted to one company such as American Family, State Farm, and AAA. They usually cannot provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are highly trained on their company’s products which aids in selling service over price. Consumers sometimes purchase coverage from exclusives partially due to high brand loyalty instead of buying on price only.
The following is a short list of exclusive agents in Colorado Springs that are able to give comparison quotes.
- State Farm Agent Scott Richter
5885 Stetson Hills Blvd #130 – Colorado Springs, CO 80923 – (719) 591-2300 – View Map - John Youngdahl – State Farm Insurance Agent
600 N Tejon St – Colorado Springs, CO 80903 – (719) 475-8787 – View Map - Farmers Insurance – Mark Olsen
1870 Dublin Blvd e – Colorado Springs, CO 80918 – (719) 593-9916 – View Map
Selecting an auto insurance agent should depend on more than just the bottom line cost. You should also get answers to these questions.
- How often do they review policy coverages?
- Will the quote change when the policy is issued?
- Will high miles depreciate repair valuations?
- If you raise deductibles, how much can you save?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Can they help ensure a fair claim settlement?
- Do they receive special compensation for putting your coverage with one company over another?
Different people need different insurance coverages
When selecting your policy, there really is no best way to insure your cars. Your needs are not the same as everyone else’s.
Here are some questions about coverages that might point out whether your personal situation might need professional guidance.
- Is extra glass coverage worth it?
- Is my babysitter covered when using my vehicle?
- What can I do if my company won’t pay a claim?
- How do I file an SR-22 for a DUI in Colorado?
- Do I really need UM/UIM coverage?
- Is water damage covered by my policy?
- Am I covered if I wreck a rental car?
- Does coverage extend to Mexico or Canada?
If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and can help protect your family.
Shop smart and save
You just learned a lot of tips how to compare Toyota Highlander insurance car insurance rates in Colorado Springs. The key thing to remember is the more times you quote, the higher the chance of saving money. You may even discover the lowest car insurance rates are with some of the lesser-known companies.
Consumers switch companies for a variety of reasons including questionable increases in premium, denial of a claim, policy cancellation and not issuing a premium refund. It doesn’t matter what your reason, choosing a new insurance company is not as hard as you think.
Low-cost Toyota Highlander insurance in Colorado Springs can be purchased from both online companies in addition to many Colorado Springs insurance agents, and you should compare rates from both in order to have the best chance of saving money. There are still a few companies who do not provide rates over the internet and these regional insurance providers only sell through independent insurance agencies.
To read more, link through to the resources below:
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Who Has the Cheapest Colorado Springs Auto Insurance for a Nissan Versa? (FAQ)
- Who Has Affordable Auto Insurance Rates for Unemployed Drivers in Colorado Springs? (FAQ)
- Who Has the Cheapest Colorado Springs Auto Insurance Rates for State Employees? (FAQ)
- What Insurance is Cheapest for Drivers Under 21 in Colorado Springs? (FAQ)
- How Much are Car Insurance Quotes for First-time Drivers in Colorado Springs? (FAQ)
- Who Has Affordable Auto Insurance for a School Permit in Colorado Springs? (FAQ)
- Credit and Insurance Scores (Insurance Information Institute)
- Understanding Rental Car Insurance (Insurance Information Institute)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)