Toyota Tacoma Insurance Rate Quotes in Henderson

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Would you like to stop wasting money and find more competitive auto insurance rates in Henderson, NV? Henderson shoppers have a choice when shopping for affordable Toyota Tacoma insurance. You can either waste hours driving around getting price quotes or use the internet to find the lowest rates. There is a better way to find auto insurance online and we'll show you the absolute fastest way to quote coverages for your Toyota and find the cheapest rates from Henderson insurance agents and online providers.

Insurance for Toyota TacomaWe don't have to tell you that auto insurance companies don't want policyholders to shop around. Drivers who compare price quotes will most likely buy a different policy because they stand a good chance of finding lower prices. A recent survey discovered that drivers who compared prices regularly saved about $865 a year compared to policyholders who never compared rates.

If finding the best rates on Toyota Tacoma insurance is the reason for your visit, then learning about how to find companies and compare insurance can save time and money.

It is always a good idea to compare premium rates yearly because auto insurance prices change frequently. If you had the lowest rate on Toyota Tacoma insurance in Henderson a few years ago a different company probably has better premium rates today. Forget all the misinformation about auto insurance because I'm going to let you in on the secrets to how to use online quotes to buy cheaper Toyota Tacoma insurance in Henderson.

Choosing the most cost-effective auto insurance policy in Henderson can initially seem challenging. If you have a policy now, you stand a good chance to be able to buy cheaper auto insurance using the following tips. Smart buyers just have to use the fastest way to find the lowest price on the web.

Finding Toyota Tacoma insurance in Henderson, Nevada

The providers in the list below provide free quotes in Nevada. If your goal is to find the cheapest auto insurance in Henderson, we recommend you visit as many as you can to get the best price comparison.

Henderson insurance discounts for a Toyota Tacoma

Companies don't list every discount in an easy-to-find place, so the following list contains some of the best known and the harder-to-find discounts that may be available.Cheaper auto insurance with discounts

  • Distant Student - Children who are enrolled in a college that is more than 100 miles from Henderson and won't have access to an insured vehicle may qualify for this discount.
  • Anti-theft Discount - Cars, trucks, and SUVs with anti-theft systems can help prevent theft so companies will give you a small discount.
  • Fewer Miles Equal More Savings - Driving fewer miles could earn lower prices due to less chance of an accident.
  • Online Discount - Some insurance companies will provide an incentive shop Henderson car insurance digitally online.
  • Full Payment Discount - By paying your policy upfront rather than spreading payments over time you could save 5% or more.
  • Homeowners Savings - Just owning your own home may earn you a small savings because owning a home means you have a higher level of financial diligence.
  • Drivers Education - Require your teen driver to take driver's ed class as it will make them better drivers and lower rates.
  • Senior Citizens - If you qualify as a senior citizen, you could receive a discount up to 10%.
  • Good Student Discount - Excelling in school can earn a discount of 20% or more. The good student discount can last up until you turn 25.

Don't be surprised that many deductions do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. Even though the math looks like all those discounts means the company will pay you, that's just not realistic.

The example below visualizes the comparison of Toyota Tacoma car insurance costs with and without discounts. Data assumes a male driver, no claims or violations, Nevada state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, marriage, multi-policy, and multi-car discounts applied.

Larger auto insurance companies and some of the premium reductions they offer include:

  • State Farm includes discounts for multiple policy, good driver, student away at school, driver's education, and safe vehicle.
  • Farmers Insurance offers premium reductions for bundle discounts, homeowner, good student, alternative fuel, early shopping, and multi-car.
  • Progressive may have discounts that include good student, multi-vehicle, continuous coverage, multi-policy, and online signing.
  • GEICO offers discounts for driver training, five-year accident-free, federal employee, seat belt use, air bags, defensive driver, and daytime running lights.
  • Auto-Owners Insurance offers discounts including paid in full, anti-lock brakes, multi-policy, company car, and safe driver.
  • The Hartford may include discounts for bundle, defensive driver, anti-theft, good student, driver training, and air bag.
  • Farm Bureau discounts include driver training, youthful driver, good student, safe driver, 55 and retired, and multi-policy.
  • USAA may offer discounts for military installation, driver training, family discount, multi-vehicle, multi-policy, and good student.

If you are trying to find inexpensive Henderson car insurance quotes, ask each company which discounts can lower your rates. Savings may not apply everywhere. To view companies offering auto insurance discounts in Henderson, follow this link.

Toyota Tacoma insurance statistics and information

The rate information below highlights a range of coverage costs for Toyota Tacoma models. Having a better understanding of how prices are formulated is important for making smart choices when purchasing an auto insurance policy.

Toyota Tacoma Insurance Rates in Henderson, NV
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $98 $210 $290 $18 $86 $702 $59
Tacoma 4WD $114 $172 $290 $18 $86 $680 $57
Tacoma Double Cab 4WD $114 $210 $290 $18 $86 $718 $60
Tacoma X-Runner 2WD $114 $246 $290 $18 $86 $754 $63
Tacoma Double Cab 4WD $128 $210 $290 $18 $86 $732 $61
Tacoma Double Cab TRD Off-Road Package 4WD $128 $210 $290 $18 $86 $732 $61
Tacoma Double Cab TRD Sport Package 4WD $128 $210 $290 $18 $86 $732 $61
Get Your Own Custom Quote Go

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Information does not factor in specific Henderson garaging location which can modify insurance rates greatly.

Higher deductibles lower rates

One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The rates shown below lay out the differences in price of buying low and high physical damage coverage deductibles. The first set of prices uses a $100 deductible for comp and collision and the second price grid uses a $1,000 deductible.

Toyota Tacoma insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $232 $478 $308 $18 $92 $1,153 $96
Tacoma 4WD $266 $394 $308 $18 $92 $1,103 $92
Tacoma Double Cab 4WD $266 $478 $308 $18 $92 $1,187 $99
Tacoma X-Runner 2WD $266 $564 $308 $18 $92 $1,273 $106
Tacoma Double Cab 4WD $300 $478 $308 $18 $92 $1,221 $102
Tacoma Double Cab TRD Off-Road Package 4WD $300 $478 $308 $18 $92 $1,221 $102
Tacoma Double Cab TRD Sport Package 4WD $300 $478 $308 $18 $92 $1,221 $102
Get Your Own Custom Quote Go
Toyota Tacoma insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $128 $252 $308 $18 $92 $798 $67
Tacoma 4WD $148 $208 $308 $18 $92 $774 $65
Tacoma Double Cab 4WD $148 $252 $308 $18 $92 $818 $68
Tacoma X-Runner 2WD $148 $298 $308 $18 $92 $864 $72
Tacoma Double Cab 4WD $166 $252 $308 $18 $92 $836 $70
Tacoma Double Cab TRD Off-Road Package 4WD $166 $252 $308 $18 $92 $836 $70
Tacoma Double Cab TRD Sport Package 4WD $166 $252 $308 $18 $92 $836 $70
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Rate quotes do not factor in Henderson location which can modify premium rates significantly.

Based on these figures, using a $100 deductible costs approximately $31 more each month or $372 for a full year across all Toyota Tacoma models than buying the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 29 months between claims, you would come out ahead if you elect the higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $100
Average monthly premium for $1,000 deductibles (subtract): - $69
Monthly savings from raising deductible: $31
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $31
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 29 months

One important caveat is that higher deductibles means you will have to cover more of the damage yourself when you have to file a claim. You will want to have enough money stashed away in the event you have to pay the higher deductible.

Six Things That Affect Your Insurance Costs

One of the most helpful ways to save on car insurance is to to have a grasp of some of the things that aid in calculating your policy premiums. If you understand what impacts premium levels, this empowers consumers to make smart changes that will entitle you to lower premium levels. Many things are taken into consideration when you quote your car insurance policy. Some are obvious such as your driving record, but some are more obscure such as your credit history and annual miles driven.

  • Being married can lower rates - Getting married may save some money on car insurance. Having a significant other is viewed as being more mature than a single person and insurance companies reward insureds because married couples file fewer claims.
  • Do you really need to file those claims? - Car insurance companies in Nevada generally give lower rates to insureds who file claims infrequently. If you frequently file small claims, you can expect either policy cancellation or increased premiums. Insurance coverage is intended for the large, substantial claims.
  • Premiums also based on gender - Over the last 50 years, statistics have shown that females tend to be a little less risky than males. This data doesn't prove that males are worse at driving than females. They both get in accidents in similar numbers, but the men cause more damage. They also get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Young males are several times more likely to be in an accident and are penalized with high car insurance rates.

    The chart below shows the difference between Toyota Tacoma insurance prices for male and female drivers. The rates are based on no claims or violations, full physical damage coverage, $100 deductibles, drivers are single, and no discounts are applied to the premium.

  • Cheaper rates with high coverage deductibles - Comp and collision deductibles represent how much money you are required to pay before your car insurance pays a claim. Physical damage coverage, also called 'full coverage', covers damage that occurs to your car. Examples of covered claims would be colliding with a stationary object, damage from fire, and damage caused by road hazards. The higher the amount you choose to pay out-of-pocket, the less your company will charge you for insurance.
  • Rental and towing coverage may not be needed - Insurance companies have many extra coverages that may not really be needed if you aren't careful. Coverage for things like roadside assistance, better glass coverage, and extra equipment coverage may be costing you every month. They may sound like good ideas when you first buy your policy, but if you don't need them consider taking them off your policy.
  • Liability coverage - Liability insurance kicks in when you are ruled to be at fault for an accident. Liability provides you with a defense in court to attempt to prove you were not liable. Liability is cheap compared to comp and collision, so do not cut corners here.
  • Toyota Tacoma statistical loss data - Insurance companies use data from past claims to help calculate a profitable premium price. Vehicles that tend to have high amounts or severity of claims will have a higher premium rate. The table below demonstrates the insurance loss data for Toyota Tacoma vehicles.

    For each insurance policy coverage type, the statistical loss for all vehicles, as a total average, is represented as 100. Percentage values below 100 suggest a better than average loss history, while percentage values above 100 point to more frequent losses or larger claims.

    Toyota Tacoma Insurance Claim Statistics
    Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Toyota Tacoma Double Cab 2WD 79 109 70 77 76 92
    Toyota Tacoma Double Cab 4WD 82 104 84 64 56 77
    Toyota Tacoma Double Cab LWB 2WD 87 108 74 96
    Toyota Tacoma Double Cab LWB 4WD 84 104 88 68 57 79
    Toyota Tacoma Xtra Cab 2WD 80 105 60 86 75 96
    Toyota Tacoma Xtra Cab 4WD 71 90 77 48 51 65

    Empty fields indicate not enough data collected
    Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years