Who Has Affordable Auto Insurance for a Toyota Highlander in Riverside?

Finding competitive coverage for a Toyota Highlander depends on a whole bunch of rating criteria such as how many years you have been driving, the size of your vehicle, and your policy deductibles. California drivers will pay on average $1,317 per year to insure their Highlander, but that figure is a valuation based on a 50-year-old single female driver with full coverage and $500 deductibles.

When making auto insurance estimates, the issue arises that you are not 50 years old and maybe not even female, married instead of single, or maybe you just want liability only. Auto insurance is not the same for everyone, so the way we recommend to find the most affordable coverage for your Toyota is to compare as many rates as you can.

Cheapest Toyota Highlander Insurance Rates

Your vehicle’s trim level will be a contributing factor to the coverage cost, so the price to insure a Highlander 2WD trim level will cost $224 less than the insurance cost for the more expensive Highlander Hybrid Limited 4WD trim level, as shown in the prices below.

Toyota Highlander Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $238 $374 $500 $30 $150 $1,292 $108
Highlander 4WD $270 $454 $500 $30 $150 $1,404 $117
Highlander Sport 4WD $270 $454 $500 $30 $150 $1,404 $117
Highlander SE 2WD $270 $454 $500 $30 $150 $1,404 $117
Highlander Sport 2WD $270 $454 $500 $30 $150 $1,404 $117
Highlander Limited 2WD $300 $536 $500 $30 $150 $1,516 $126
Highlander SE 4WD $300 $536 $500 $30 $150 $1,516 $126
Highlander Limited 4WD $300 $536 $500 $30 $150 $1,516 $126
Highlander Hybrid 4WD $300 $536 $500 $30 $150 $1,516 $126
Highlander Hybrid Limited 4WD $300 $536 $500 $30 $150 $1,516 $126
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Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rate quotes do not factor in specific zip code location which can increase or decrease insurance rates noticeably.

Selecting the top car insurance company can be rather challenging considering how many choices drivers have in California. The company information below could help you analyze which car insurance companies you want to consider to insure your vehicles. The rankings below only include the companies with a significant amount of written premium nationwide, so smaller regional companies are not factored into these rankings.

Top 10 Large Auto Insurers in Riverside Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. AAA of Southern California
  5. Titan Insurance
  6. The General
  7. AAA Insurance
  8. State Farm
  9. Mercury Insurance
  10. Nationwide

Top 10 Large Auto Insurers in Riverside Ranked by Customer Service

  1. AAA of Southern California
  2. GEICO
  3. State Farm
  4. The Hartford
  5. Mercury Insurance
  6. The General
  7. Progressive
  8. Allstate
  9. AAA Insurance
  10. American Family

The example below illustrates how choosing a deductible can change insurance costs when trying to find cheap insurance for a Toyota Highlander. The data assumes a married female driver, full physical damage coverage, and no discounts are factored in.

A 30-year-old driver could lower their car insurance rates by $434 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $656 by switching to a $1,000 deductible. Even younger insureds, like the 20-year-old category, could lower their rates as much as $930 or even more just by choosing higher deductibles when buying full coverage.

When insureds make the decision to increase the deductibles on their policy, it will now be necessary to have additional funds squirreled away to cover the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

Difference between full coverage and liability only rates

Reducing the cost of insurance should be important to most drivers, and an effective way to pay lower rates for insurance for a Toyota Highlander is to not insure for full coverage. The information below illustrates the comparison of premium costs with full physical damage coverage compared to only buying liability only. The data assumes no accidents or driving violations, $1,000 deductibles, single marital status, and no other discounts are factored in.

As an average for all age groups, full coverage on your policy costs an additional $2,222 per year more than just buying liability only. Many drivers will wonder when is the right time to remove full coverage. There is no set rule to delete full coverage, but there is a guideline you can use. If the annual cost of having full coverage is more than about 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

For example, let’s say your vehicle’s replacement value is $4,500 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $3,500 after paying the physical damage deductible. If premiums are more than $350 a year for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

How to find budget-friendly insurance for a Toyota Highlander

It is possible to find better rates, and here are some of the better money-saving suggestions that can help California drivers find more affordable coverage.

The last idea is very vital, as was pointed out in the article above. Insurance rates can change considerably in a year, so don’t be unwilling to buy a policy from a new company if a cheaper rate is available. Brand loyalty is great, but it’s not a good idea if your bullheadedness ends up costing you hundreds of dollars year after year. It only takes a couple minutes to shop around to find cheaper insurance for a Toyota Highlander in Riverside.