It’s a known fact that auto insurance companies don’t want you to look at other companies. People who compare other prices will most likely switch insurance companies because there are good odds of finding lower prices. A recent survey discovered that drivers who compared prices regularly saved on average $860 a year compared to those who don’t regularly compare prices.
If finding budget-friendly rates on auto insurance is your ultimate goal, then learning about how to choose a company and compare insurance premiums can help simplify the task of finding more affordable coverage.
If you want to find the absolute lowest rates, then the best way to find the cheapest price for Toyota Tacoma insurance in Riverside is to compare quotes annually from different companies in California. Price quotes can be compared by following these steps.
- First, gain an understanding of what is in your policy and the things you can control to prevent expensive coverage. Many risk factors that increase rates like speeding and poor credit history can be improved by paying attention to minor details.
- Second, request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from one company like GEICO and State Farm, while agents who are independent can provide price quotes from multiple sources.
- Third, compare the new rate quotes to your existing rates to see if a cheaper price is available in Riverside. If you find a lower rate quote and switch companies, make sure coverage does not lapse between policies.
- Fourth, notify your agent or company of your intention to cancel your current coverage and submit a down payment along with a signed application to the newly selected company. As soon as you can, store the certificate of insurance in an easily accessible location.
One important bit of advice is to use identical deductibles and limits on every quote request and and to get rate quotes from as many different insurance providers as possible. Doing this enables an apples-to-apples comparison and the best price selection.
Finding the lowest cost coverage in Riverside can be fairly easy. In a nutshell, every person who is looking for a better price on car insurance should get better rates. Although California car owners benefit from understanding the methods companies use to price online insurance and apply this information to your search.
When quoting car insurance, remember that having more price comparisons helps locate the best rates. Not every company provides price estimates online, so you also need to get rates from the smaller companies as well.
The following companies have been selected to offer free rate quotes in Riverside, CA. If several companies are displayed, we suggest you visit several of them to find the cheapest car insurance rates.
Toyota Tacoma insurance statistics and information
The coverage information below highlights detailed analysis of insurance coverage prices for Toyota Tacoma models. Understanding how insurance premiums are calculated can help drivers make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tacoma 2WD | $168 | $332 | $456 | $26 | $136 | $1,118 | $93 |
| Tacoma 4WD | $192 | $274 | $456 | $26 | $136 | $1,084 | $90 |
| Tacoma Double Cab 4WD | $192 | $332 | $456 | $26 | $136 | $1,142 | $95 |
| Tacoma X-Runner 2WD | $192 | $392 | $456 | $26 | $136 | $1,202 | $100 |
| Tacoma Double Cab 4WD | $216 | $332 | $456 | $26 | $136 | $1,166 | $97 |
| Tacoma Double Cab TRD Off-Road Package 4WD | $216 | $332 | $456 | $26 | $136 | $1,166 | $97 |
| Tacoma Double Cab TRD Sport Package 4WD | $216 | $332 | $456 | $26 | $136 | $1,166 | $97 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Information does not factor in your specific Riverside location which can modify rates substantially.
An analysis of deductible level
When buying auto insurance, a common question is how high should the deductibles for physical damage be. The comparisons below summarize the premium difference between low and high coverage deductibles. The first rate comparisons uses a $100 physical damage deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tacoma 2WD | $332 | $686 | $442 | $26 | $132 | $1,643 | $137 |
| Tacoma 4WD | $380 | $564 | $442 | $26 | $132 | $1,569 | $131 |
| Tacoma Double Cab 4WD | $380 | $686 | $442 | $26 | $132 | $1,691 | $141 |
| Tacoma X-Runner 2WD | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Tacoma Double Cab 4WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Tacoma Double Cab TRD Off-Road Package 4WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Tacoma Double Cab TRD Sport Package 4WD | $430 | $686 | $442 | $26 | $132 | $1,741 | $145 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tacoma 2WD | $242 | $464 | $442 | $26 | $132 | $1,306 | $109 |
| Tacoma 4WD | $278 | $382 | $442 | $26 | $132 | $1,260 | $105 |
| Tacoma Double Cab 4WD | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| Tacoma X-Runner 2WD | $278 | $546 | $442 | $26 | $132 | $1,424 | $119 |
| Tacoma Double Cab 4WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Tacoma Double Cab TRD Off-Road Package 4WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Tacoma Double Cab TRD Sport Package 4WD | $314 | $464 | $442 | $26 | $132 | $1,378 | $115 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Rates do not factor in vehicle garaging location which can lower or raise coverage prices substantially.
Based on the above data, using a $100 deductible will cost you roughly $29 more each month or $348 for a full year averaged for all Tacoma models than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you have more than 14 months between claims, you would come out ahead by selecting a higher deductible.
Comparison of full coverage and liability-only policies
The information below illustrates the comparison of Toyota Tacoma insurance costs with full physical damage coverage and with liability coverage only. The rate quotes are based on no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are applied to the premium.
When to eliminate full coverage
There is no definitive rule of when to eliminate comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let’s pretend your Toyota Tacoma book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying your policy deductible. If you are currently paying more than $800 annually for full coverage, then it could be time to drop full coverage.
There are some circumstances where dropping physical damage coverage is not advised. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Independent versus exclusive car insurance agents
Many drivers prefer to get professional advice from a licensed agent and often times that is recommended One of the benefits of getting free rate quotes online is that drivers can save money and get cheap car insurance rates and also buy local. Buying from small agencies is important particularly in Riverside.
By using this quick form, the coverage information gets sent to insurance agents in Riverside who will give you bids for your insurance coverage. You won’t need to find an agent as quotes are delivered to you directly. You can find better rates AND a local agent. If you have a need to get a price quote from a specific car insurance provider, don’t hesitate to search and find their rate quote page and submit a quote form there.
Two types of Riverside auto insurance agents
If you are wanting to purchase car insurance from a reliable insurance agent, there are a couple of types of insurance agents and how they are distinctly different. Agents in Riverside are categorized either independent or exclusive depending on the company they work for.
Independent Agents
Agents in the independent channel often have many company appointments so they have the ability to put coverage with multiple insurance companies and find the cheapest rate. If your premiums go up, they simply move the coverage in-house without you having to go to a different agency. When comparing rates, you absolutely need to include rate quotes from multiple independent agents to maximize your price options. Many can place coverage with different regional companies which can be an advantage.
Shown below is a small list of independent insurance agencies in Riverside who can help you get rate quotes.
- Gibson-Hadley Insurance Agency Inc – Mercury Insurance Agent
10363 Hole Ave – Riverside, CA 92505 – (888) 955-0950 – View Map - Riverside Insurance Agency Inc.
#B, 125 W La Cadena Dr – Riverside, CA 92501 – (951) 684-3500 – View Map - Melendez Insurance Agency
3595 Van Buren Boulevard #201 – Riverside, CA 92503 – (951) 687-9152 – View Map
Exclusive Car Insurance Agencies
Agents that elect to be exclusive work for only one company and some examples include American Family, State Farm, and Allstate. These agents are unable to provide other company’s prices so you might not find the best rates. Exclusive insurance agents receive a lot of sales training in insurance sales which helps them sell insurance even at higher premiums. Some consumers prefer to purchase coverage from exclusives mainly due to the brand name and the convenience of having all coverages with one company.
The following are Riverside exclusive insurance agencies who can help you get rate quotes.
- Farmers Insurance – Carl Couey
6670 Alessandro Blvd f – Riverside, CA 92506 – (951) 780-6660 – View Map - Gary Echito – State Farm Insurance Agent
3239 Chicago Ave – Riverside, CA 92507 – (951) 684-8450 – View Map - Farmers Insurance: Edward Lavalle
19318 Jesse Ln Ste 200 – Riverside, CA 92508 – (951) 222-3038 – View Map
Selecting an insurance agency needs to be determined by more than just a cheap price. Before buying a policy in Riverside, get answers to these questions.
- What company holds the largest book of business for them?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Do they offer claims assistance after hours?
- Can you use your own choice of collision repair facility?
- How long have they worked with personal auto insurance coverage?