Do you want an efficient way to compare the cheapest Toyota FJ Cruiser insurance in Lubbock? Are you burned out from wondering where the money will come from to pay auto insurance each month? You are in the same boat as millions of other vehicle owners.
It’s an obvious conclusion that auto insurance companies don’t want you to look for cheaper rates. Consumers who shop for lower prices will probably move their business because they have a good chance of finding discount prices. Remarkably, a study showed that drivers who compared rates regularly saved as much as $3,500 over four years compared to policyholders who don’t regularly compare prices.
If saving money on car insurance is your ultimate target, understanding how to quote and compare auto insurance can make it easier to shop your coverage around. Because there are so many choices of insurance companies that have affordable insurance for a Toyota FJ Cruiser in Lubbock, it can be hard to find the lowest price insurer.
It’s important to take a look at other company’s rates quite often since prices change regularly. Despite the fact that you may have had the best deal on Toyota FJ Cruiser insurance in Lubbock six months ago there may be better deals available now. You can find a lot of wrong information about FJ Cruiser insurance on the web, but you can learn some tested techniques to buy auto insurance cheaper in Lubbock.
Finding and comparing more affordable policy in Lubbock is easy to do. If you are insured now or just want to reduce your rates, you can use this information to find the best rates and possibly find even better coverage. Drivers just need to learn how to compare price quotes on the web.
Auto insurance data for a Toyota FJ Cruiser
The rate information displayed next highlights detailed analysis of insurance policy prices for Toyota FJ Cruiser models. Having knowledge of how rates are formulated can help customers make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| FJ Cruiser 2WD | $318 | $460 | $496 | $30 | $148 | $1,452 | $121 |
| FJ Cruiser 4WD | $356 | $460 | $496 | $30 | $148 | $1,490 | $124 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Prices do not factor in vehicle location which can decrease or increase prices noticeably.
Policy deductible comparison
One of the hardest decisions when shopping for auto insurance is how high should the deductibles for physical damage be. The comparison tables below outline the difference in cost when you select higher and lower comp and collision deductibles. The first table uses a $100 physical damage coverage deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| FJ Cruiser 2WD | $370 | $486 | $382 | $22 | $114 | $1,399 | $117 |
| FJ Cruiser 4WD | $412 | $486 | $382 | $22 | $114 | $1,441 | $120 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| FJ Cruiser 2WD | $270 | $328 | $382 | $22 | $114 | $1,116 | $93 |
| FJ Cruiser 4WD | $300 | $328 | $382 | $22 | $114 | $1,146 | $96 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Premium costs do not factor in Lubbock location which can lower or raise premium rates greatly.
Based on this data, we can arrive at the conclusion that using a $100 deductible could cost the average driver approximately $24 more each month or $288 each year across all Toyota FJ Cruiser models than quoting the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average more than 17 months between claim filings, you would more than likely save some money going with the higher deductible. The illustration below shows the way this determination is made.
| Average monthly premium for $100 deductibles: | $119 |
| Average monthly premium for $500 deductibles (subtract): | – $95 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
One important issue to know is that raising deductibles to get cheaper rates means you will have to cover more of the damage yourself when you file a claim. That will require enough extra savings in order to pay the higher deductible in order to repair your vehicle.
The example below shows how choosing a deductible and can raise or lower Toyota FJ Cruiser yearly insurance costs for each age group. The rates are based on a married female driver, full physical damage coverage, and no discounts are factored in.
Insurance rate increases from tickets or accidents
The information below highlights how traffic violations and at-fault accidents influence Toyota FJ Cruiser insurance costs for different ages of insureds. The premiums are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.
Auto insurance premiums by gender
The diagram below compares Toyota FJ Cruiser auto insurance rates for male and female drivers. The price estimates are based on no accidents or driving violations, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no policy discounts are applied.
What Affects Toyota FJ Cruiser Insurance Costs?
A large part of saving on insurance is knowing a few of the rating criteria that go into determining your insurance rates. If you have a feel for what determines premiums, this allows you to make good choices that could help you find lower insurance prices. Many different elements are used when pricing auto insurance. Some factors are common sense such as your driving history, but other factors are less apparent such as your marital status or how safe your car is.
No insurance claims equals cheaper prices – If you’re an insured who likes to file claims you can definitely plan on either policy cancellation or increased premiums. Insurance companies in Texas give the lowest premiums to people who only file infrequent claims. Your insurance policy is meant to be used in the event of larger claims.
Defend yourself with liability coverage – Liability insurance provides coverage if ever a court rules you are at fault for personal injury or accident damage. Your policy’s liability insurance provides legal defense coverage which can cost a lot. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not cut corners here.
Costs are impacted by vehicle performance – The performance level of the vehicle you own makes a significant difference in determining your rates. Lower performance four cylinder passenger models usually have the lowest rates, but the final cost of insurance is determined by many other factors.
The chart below uses these variables: single female driver age 50, full coverage with $1000 deductibles, and no discounts or violations. The data compares Toyota FJ Cruiser insurance premiums compared to other models of vehicles that have different performances.
Decrease premiums by maintaining coverage – Letting your insurance expire is a guaranteed way to increase your rates. Not only will rates go up, the inability to provide proof of insurance could earn you a hefty fine and possibly a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with the Texas motor vehicle department.
Best car insurance in Lubbock
Insuring your vehicle with the highest-rated insurance provider is hard considering how many choices you have in Texas. The company information below can help you select which car insurance providers you want to consider comparing price quotes from.
Top 10 Lubbock Car Insurance Companies Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
In Summary
We just covered a lot of tips how to get a better price on Toyota FJ Cruiser insurance in Lubbock. The key thing to remember is the more companies you get premium rates for, the higher the chance of saving money. You may even discover the lowest car insurance rates are with a smaller regional carrier.
Cheap Toyota FJ Cruiser insurance in Lubbock is available from both online companies and also from your neighborhood Lubbock agents, so you should compare both to have the best selection. Some insurance providers do not provide the ability to get a quote online and most of the time these smaller companies provide coverage only through independent agents.
Insureds who switch companies do it for a number of reasons such as denial of a claim, lack of trust in their agent, not issuing a premium refund and even questionable increases in premium. Regardless of your reason for switching companies, choosing a new company can be pretty painless.
Steps to finding low-cost Toyota FJ Cruiser insurance in Lubbock
If saving the most money is your goal, then the best way to find cheaper prices for Toyota FJ Cruiser insurance is to do a yearly price comparison from insurance carriers who provide auto insurance in Lubbock. This can be done by following these guidelines.
- Step 1: Read and learn about how auto insurance works and the measures you can control to keep rates in check. Many policy risk factors that are responsible for high rates such as getting speeding tickets and poor credit can be rectified by making minor changes to your lifestyle.
- Step 2: Request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive or State Farm, while independent agents can quote prices from many different companies. Start a quote
- Step 3: Compare the new rate quotes to your existing coverage to determine if switching companies saves money. If you can save money and change companies, verify that coverage does not lapse between policies.
- Step 4: Tell your current company of your intent to cancel your current coverage. Submit any necessary down payment along with the completed application to the newly selected company. Immediately place your new certificate verifying proof of insurance in an accessible location in your vehicle.
One piece of advice is to try to compare the same level of coverage on every quote request and to quote with as many companies as you can. Doing this enables a fair price comparison and a complete price analysis.
For more information, feel free to visit the resources below:
- Rental Car Insurance Tips (Insurance Information Institute)
- Who Has Cheap Auto Insurance for Teachers in Lubbock? (FAQ)
- What Insurance is Cheapest for Infrequent Drivers in Lubbock? (FAQ)
- What is the Best Car Insurance in Lubbock, TX? (FAQ)
- Tread Depth and Tire Safety (State Farm)
- Auto Insurance Learning Center (State Farm)
- Protect Yourself Against Auto Theft (Insurance Information Institute)