Buying cheap coverage for a Toyota Tacoma is pretty straightforward, but it depends on a fairly complex equation with a lot of factors such as the age of the Tacoma, whether or not you have prior claims, and citations on your driving record. Drivers in California will pay on average $1,487 a year to insure their Tacoma, but that is an approximation based on a 30-year-old single female driver with full physical damage coverage and $500 deductibles.
When projecting a rate like this, the problem is that you are not 30 years old and maybe not even female, possibly married instead of single, or maybe you rent instead of own your home. Have just a small change in rating criteria or coverage limits can result in a big discrepancy in how much insurance for a Toyota Tacoma costs.
This illustrates why the only real way to find cheap car insurance rates for your Toyota is to do your own rate comparisons.
The trim level of your Toyota will be a contributing factor to the insurance rate, so the rate you will pay to insure a Tacoma 2WD will cost $80 less than the insurance cost for the higher-end Tacoma Double Cab TRD Sport Package 4WD model, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tacoma Double Cab 4WD||$308||$570||$596||$36||$178||$1,688||$141|
|Tacoma X-Runner 2WD||$308||$672||$596||$36||$178||$1,790||$149|
|Tacoma Double Cab 4WD||$348||$570||$596||$36||$178||$1,728||$144|
|Tacoma Double Cab TRD Off-Road Package 4WD||$348||$570||$596||$36||$178||$1,728||$144|
|Tacoma Double Cab TRD Sport Package 4WD||$348||$570||$596||$36||$178||$1,728||$144|
|Get Your Own Custom Quote Go|
Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Price information does not factor in zip code location which can raise or lower prices substantially.
Picking the highest-rated company can be difficult considering how many companies sell coverage in California. The company rank data in the next section may help you choose which car insurance providers you want to consider comparing rates with. The ratings below are only made up of the largest auto insurers in America, so companies that have a smaller presence will not be included in the list.
Top 10 Large Auto Insurance Providers in Fresno Ranked by Claims Service
- AAA of Southern California
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
Top 10 Large Auto Insurance Providers in Fresno Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Drive responsibly or pay higher rates
The common sense way to maintain low car insurance prices in Fresno for a Tacoma is to be a safe driver and avoid accidents and keep your driving record clean. The diagram below demonstrates how traffic citations and accident claims can drive up premium costs for different age groups. The costs are based on a married female driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.
In the chart above, the average cost of a car insurance policy per year with no violations or accidents is $1,763. Get two speeding tickets and the average cost swells to $2,502, an increase of $738 each year. Now add in two accidents along with the two speeding tickets and the yearly cost of car insurance for a Toyota Tacoma goes up to an average of $5,509. That’s an increase of $3,746, or $312 per month, just for not being a responsible driver!
Liability rates compared to full coverage
Saving money when shopping for car insurance is probably important to most vehicle owners, and one common way to lower the cost of insurance for a Toyota Tacoma is to buy liability only. The chart below shows the difference between insurance costs when comparing full coverage to liability only. The prices are based on no claims or driving violations, $100 deductibles, single marital status, and no discounts are factored in.
Averaged for all ages 20 through 70, comprehensive and collision coverage on your policy costs an extra $3,057 per year over liability only. That proposes the question if physical damage coverage is worth the money. There is no definitive formula to exclude physical damage coverage, but there is a general school of thought. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.
There are some circumstances where dropping physical damage coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not buy liability only.
Don’t make the mistake of not shopping around
California car insurance rates are determined by lots of factors which can substantially change the price you pay. Simply improving your credit, moving to a new city, or getting caught speeding can trigger price changes resulting in some rates now being much cheaper than others.
In addition to those changes, insurers change their prices every year or even multiple times each year to reflect underwriting profits or losses. Heavy losses can result in higher priced premiums, while profitable underwriting can produce cheaper Tacoma insurance rates.
For instance, the graph below shows the companies that have the cheapest car insurance in Fresno, CA for a 30-year-old female driver with no prior accidents, a clean driving record, and solid credit. If we estimate rates based on her current risk factors, USAA may have the best car insurance rates in Fresno at $1,323 a year. This is $328 less than the average rate paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide also make the list of the cheapest Fresno, CA auto insurance companies.
The next chart shows rates after we give the driver from the first rate comparison some claims, a little lower credit rating, and a speeding citation. Because every insurance company has their own unique process for filing rates in each state, comparing prices most likely will result in a new list of companies as shown below.
Grange now has the best price in Fresno with Progressive, Mercury, Allstate, and GEICO now rounding out the top five. This example demonstrates why Fresno drivers need to perform an extensive rate comparison when trying to find the lowest auto insurance quotes for a Toyota Tacoma.
Car insurance prices can be altered by many factors and change dramatically, so the best company a year ago may now be costing you a lot of money.
Tips to find more affordable auto insurance for a Toyota Tacoma
Here are a few thrifty ideas that can help you find cheap coverage.
- Don’t have frequent claims
- Do not get tickets
- Drive attentively and avoid accidents
- Buying your home and auto policies from the same company can earn a discount
- Buy a vehicle with excellent safety ratings
- Shop your coverage around for the best deal
The last tip in the list is very significant, as was noted in the prior article. Coverage prices can be changed at any time, so don’t be unwilling to change insurance companies if a lower-cost policy is available. Many drivers have brand loyalty and that’s fine, but we do not recommend it if that faithfulness ends up costing you lots of hard earned cash every month. In just a few minutes you could shop around and find cheaper insurance for a Toyota Tacoma in Fresno.
The insurance agencies below can provide answers to your questions and help you determine which coverages are best, since some drivers have questions and prefer to have a little guidance when shopping for cheaper insurance for a Tacoma. It can be complicated to find the cheapest rates, so insurance agents licensed in the state of California can bring satisfaction knowing your coverage gives you suitable coverage if you ever need to use it. To locate a Fresno insurance agent near you, click the button at the bottom or click here to get price quotes now.
Allstate Insurance: Patricia Pearson
5755 E Kings Canyon Rd Ste 106 – Fresno, CA 93727 – (559) 255-1861
3245 W Figarden Dr – Fresno, CA 93711 – (559) 256-2500
Farmers Insurance: Israel Cortes
5446 N Palm Ave #105 – Fresno, CA 93704 – (559) 230-1300