Would you like to save money by finding more competitive Toyota Avalon insurance in Austin? Paying for pricey Toyota Avalon insurance in Austin can dry up your bank account and make it hard to pay other bills. Performing a price comparison can save money and help to make ends meet.
Amazingly, the vast majority of insurance customers renewed their policy with the same company for over three years, and virtually 40% of consumers have never taken the time to shop around. With the average insurance premium being $2,679, Austin drivers could save as much as $1,766 a year by just comparing quotes, but they just feel it’s too hard to find affordable insurance rates. Multiple insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurance companies to find the absolute best rate on Toyota Avalon insurance in Austin.
If you have a current auto insurance policy or are shopping for new coverage, you can use these techniques to get lower rates without reducing protection. Choosing the best rates in Austin is quite easy if you know the best way to do it. Consumers just need to understand the most efficient way to compare different rates online.
Best companies for Toyota Avalon insurance
The auto insurance companies shown below can provide free rate quotes in Texas. If multiple providers are shown, we suggest you compare several of them to get the lowest price.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Avalon XL | $186 | $288 | $334 | $20 | $100 | $928 | $77 |
| Avalon XLS | $286 | $602 | $366 | $22 | $110 | $1,386 | $116 |
| Avalon Limited | $400 | $684 | $330 | $20 | $98 | $1,532 | $128 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rates do not factor in zip code location which can revise prices noticeably.
Does full coverage make sense?
The example below illustrates the difference between Toyota Avalon insurance rates with full physical damage coverage and with liability coverage only. The data is based on no tickets, no at-fault accidents, $1,000 deductibles, single male driver, and no other discounts are factored in.
When to drop full coverage
There isn’t a steadfast formula for dropping physical damage coverage, but there is a general school of thought. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let’s pretend your Toyota Avalon replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company would pay you is $8,000 after the policy deductible has been paid. If you are currently paying more than $800 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are a few situations where dropping full coverage is not in your best interest. 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 in case of an accident, you should keep full coverage in place.
Why Your Insurance Costs might be higher
An important part of buying insurance is that you know the rating factors that come into play when calculating your policy premiums. When you understand what determines base rates, this empowers consumers to make smart changes that will entitle you to much lower annual insurance costs. Many factors are taken into consideration when quoting car insurance. Some are pretty understandable like your driving record, but other criteria are more transparent such as your credit history and annual miles driven.
Cheaper rates by combining – Lots of insurance companies allow lower prices to clients that buy multiple policies. It’s known as a multi-policy discount. The discount can be ten or even fifteen percent. Even with this discount applied, it’s always a smart idea to get quotes from other companies to help guarantee you have the best rates. You may still save even more than the discount by buying insurance from a different company.
Teenage vs. mature drivers – More experienced drivers are more responsible, tend to cause fewer accidents, and are generally more financially stable.Teen drivers are known to be inattentive and easily distracted in a vehicle therefore insurance rates are much higher.
Extra coverages you don’t use – There are a ton of additional coverages that can waste your money if you don’t pay attention. Coverages for rental car reimbursement, better glass coverage, and term life insurance may be costing you every month. The coverages may be enticing initially, but now you might not need them so eliminate the coverages to reduce your premium.
Insurance rates in urban areas – Residing in a small town is a positive aspect when it comes to insurance. Fewer drivers and short commutes translates into fewer accident claims. Residents of big cities regularly have much more traffic and longer commutes to work. Higher commute times translates into higher accident risk.
Never let your insurance policy lapse – Allowing your insurance policy to lapse will be a guaranteed way to increase your rates. Not only will you pay higher rates, being ticketed for driving with no insurance could result in fines and jail time.
Responsible drivers pay lower premiums – Good drivers have lower premiums as compared to those with violations. Even a single chargeable violation could increase your next policy renewal to the point where it’s not affordable. People who have flagrant citations such as DUI or reckless driving may find that they have to to complete a SR-22 with their state’s licensing department in order to keep their license.
Liability preserves assets – Liability coverage will provide protection when you are ruled to be at fault for causing personal injury or damage in an accident. It provides for a legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to comp and collision, so do not cut corners here.
A good credit history can save money – Your credit rating will be a significant factor in calculating your premium rate. People that have high credit ratings tend to be less risk to insure than drivers with lower credit scores. So if your credit history could use some work, you could be paying less to insure your Toyota Avalon if you improve your credit rating.
Loss statistics for a Toyota Avalon – Insurers include the past claim trends for vehicles when determining insurance rates. Vehicles that tend to have higher number or severity of losses will have increased rates.
The table below outlines the historical loss data for Toyota Avalon vehicles. For each insurance policy coverage type, the statistical loss for all vehicles, regardless of make or model, is a value of 100. Percentage numbers below 100 indicate a favorable loss history, while values over 100 point to more losses or a tendency for claims to be larger.
Toyota Avalon Insurance Loss Statistics
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Avalon | 113 | 72 | 112 | 106 | 98 | 74 |
| Toyota Avalon Hybrid | 120 | 72 | 132 | 107 | 85 | 80 |
Statistics from IIHS.org for 2013-2015 Model Years
Lower rates by qualifying for discounts
Companies don’t always list all possible discounts in a way that’s easy to find, so we researched some of the best known and the more hidden auto insurance savings.
- Data Collection Discounts – Austin drivers who agree to allow their auto insurance company to spy on where and when they drive by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease if they exhibit good driving behavior.
- Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to use a seat belt could save 15% off the PIP or medical payment premium.
- Defensive Driving Course – Taking time to complete a safe driver class could cut 5% off your bill and make you a better driver.
- Anti-lock Brake System – Cars, trucks, and SUVs with anti-lock braking systems can avoid accidents and will save you 10% or more on Avalon insurance in Austin.
- Save over 55 – Mature drivers may be able to get a slight reduction on a Austin car insurance quote.
- Discount for Good Grades – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
- Discount for Swiching Early – Some insurance companies provide a discount for signing up prior to your current Avalon insurance policy expiring. This discount can save up to 10%.
Keep in mind that some credits don’t apply to all coverage premiums. Some only reduce individual premiums such as medical payments or collision. So even though it sounds like having all the discounts means you get insurance for free, you aren’t that lucky. But any discount will bring down your premiums.
The best auto insurance companies and some of their more popular discounts are shown below.
- Progressive includes discounts for online signing, online quote discount, multi-policy, homeowner, multi-vehicle, and good student.
- GEICO offers discounts for anti-lock brakes, multi-policy, multi-vehicle, membership and employees, anti-theft, driver training, and defensive driver.
- State Farm may include discounts for safe vehicle, passive restraint, Steer Clear safe driver discount, driver’s education, multiple autos, and good driver.
- Esurance offers discounts including multi-policy, anti-theft, good student, anti-lock brakes, multi-car, online quote, and Pac-12 alumni.
- The Hartford may have discounts that include good student, vehicle fuel type, anti-theft, defensive driver, bundle, driver training, and air bag.
If you need lower rates, check with all companies you are considering what discounts are available to you. Depending on the company, some discounts may not be available in every state. To see auto insurance companies that can offer you the previously mentioned discounts in Texas, click here.
What if I want to buy from local Austin car insurance agents?
Many people still like to visit with an insurance agent and that is a personal choice. Professional insurance agents can make sure you are properly covered and help you file claims. The best thing about comparing rate quotes online is that you can find lower rates but also keep your business local. Supporting local agencies is important especially in Austin.
To help locate an agent, after submitting this form (opens in new window), your insurance data is immediately sent to local insurance agents in Austin that give free quotes and help you find cheaper coverage. You won’t even need to find an agent because quoted prices will be sent to you directly. If you wish to compare rates from a specific insurance company, just visit that company’s website and fill out the quote form the provide.
Is an exclusive or independent auto insurance agent right for you?
If you are wanting to find a local Austin insurance agent, it helps to know the two different types of agents and how they are distinctly different. Agencies in Austin are classified as either exclusive agents or independent agents. Either one can write auto insurance policies, but it’s important to point out the difference between them because it can factor into the type of agent you choose.
Independent Auto Insurance Agencies
Independent insurance agents do not write with just one company and that allows them to write policies through lots of different companies and get you the best rates possible. If you are not satisfied with one company, they simply move the coverage in-house and you can keep the same agent. If you need lower rates, we recommend you contact at least one independent agent to have the most options to choose from.
Featured below is a partial list of independent insurance agencies in Austin who may be able to give you rate quotes.
AmeriFirst Insurance Agency, LLC
8300 N Mopac Expy #105 – Austin, TX 78759 – (512) 524-8808 – View Map
EZ Insurance Agency – North
7600 N Lamar Blvd # E – Austin, TX 78752 – (512) 445-2700 – View Map
AUSTIN AREA INSURANCE AGENCY
8711 Burnet Rd – Austin, TX 78757 – (512) 253-8726 – View Map
Exclusive Insurance Agents
Agents of this type can only quote rates from one company and some examples include State Farm or Allstate. These agents are unable to shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are very knowledgeable on their company’s products which helps them sell on service rather than price.
Listed below is a short list of exclusive agents in Austin that are able to give comparison quotes.
Brandy Whiteside – State Farm Insurance Agent
3601 W William Cannon Dr #100 – Austin, TX 78749 – (512) 892-5542 – View Map
Richard Munoz – State Farm Insurance Agent
5446 W US Hwy 290 Service Rd #104 – Austin, TX 78735 – (512) 892-3527 – View Map
Jane McQuiggin-Hutson – State Farm Insurance Agent
2307 W Parmer Ln – Austin, TX 78727 – (512) 973-8501 – View Map
Choosing an insurance agency requires you to look at more than just a cheap quote. Here are some questions you should ask.
- Do the agents have professional certifications like CPCU or CIC?
- Do they specialize in personal lines auto insurance in Austin?
- Are all drivers listed on the coverage quote?
- Will a damage claim use OEM or aftermarket replacement parts?
- What company do they have the most business with?
Find cheaper insurance rates by comparing often
Throughout this article, we presented many ideas to get a better price on Toyota Avalon insurance in Austin. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding low cost Austin car insurance quotes. You may even discover the most savings is with a smaller regional carrier. They can often provide lower car insurance rates in certain areas compared to the large companies like Allstate and Progressive.
Low-cost Toyota Avalon insurance in Austin can be purchased on the web as well as from insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance providers may not provide online quoting and most of the time these regional insurance providers prefer to sell through independent agencies.
More information
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Who Has Affordable Auto Insurance for Low Credit Scores in Austin? (FAQ)
- Who Has the Cheapest Austin Auto Insurance Rates for Uber Drivers? (FAQ)
- Who Has Cheap Austin Auto Insurance Rates for Business Use? (FAQ)
- How Much is Austin Auto Insurance for a Ford Explorer? (FAQ)
- Who Has Affordable Austin Car Insurance Quotes for High Risk Drivers? (FAQ)
- How Much are Auto Insurance Quotes for a Learners Permit in Austin? (FAQ)
- Who Has Cheap Austin Auto Insurance for Postal Workers? (FAQ)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)