Want to learn how to save money and find lower-priced Toyota Celica insurance in Anchorage? Are you at wits end from not being able to afford to buy insurance? You are no different than many other Alaska drivers.
It’s shocking but nearly 70% of consumers kept their policy with the same company for at least the last four years, and almost 40% of drivers have never taken the time to shop around. The average driver in Anchorage could save themselves about $370 a year just by comparing rates, but they think it’s difficult to compare rate quotes.
How to buy low-cost Toyota Celica insurance in Anchorage
If saving money is your primary concern, then the best way to find low-cost Toyota Celica insurance is to compare quotes once a year from providers who sell insurance in Anchorage.
- First, try to learn about policy coverages and the things you can control to keep rates in check. Many risk factors that are responsible for high rates like traffic citations and poor credit history can be controlled by making minor changes to your lifestyle.
- Second, obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple sources. Select a company
- Third, compare the new rates to your existing coverage and see if you can save money. If you find a better price and buy the policy, verify that coverage does not lapse between policies.
- Fourth, give notification to your agent or company of your intention to cancel the current policy. Submit payment and a completed application to your new company or agent. Immediately upon receiving it, put the proof of insurance certificate above your visor, in the console, or in the glove compartment.
The critical component of shopping around is to use the same level of coverage on each price quote and to quote with every insurance company. Doing this enables an apples-to-apples comparison and a thorough selection of prices.
Many insurers compete to insure your vehicles, and because of this it can be hard to compare insurance companies to find the absolute lowest price on Toyota Celica insurance in Anchorage.
Consumers need to do rate comparisons before your next renewal since rates are adjusted regularly by insurance companies. Despite the fact that you may have had the lowest rate on Toyota Celica insurance in Anchorage on your last policy other companies may now be cheaper. Block out anything you think you know about insurance because I’m going to let you in on the secrets to one of the quickest ways to eliminate unnecessary coverages and save money on Toyota Celica insurance in Anchorage.
The companies shown below are our best choices to provide free quotes in Alaska. If multiple companies are listed, we recommend you get rate quotes from several of them to get the lowest price.
Protect more than your Toyota vehicle
Even though it can be expensive, paying for insurance is a good idea for several reasons.
First, just about all states have minimum mandated liability insurance limits which means you are required to buy a specific minimum amount of liability insurance in order to license the vehicle. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you bought your car with a loan, most lenders will make it mandatory that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Toyota at a more expensive rate and force you to reimburse them for the expensive policy.
Third, insurance protects not only your car but also your financial assets. Insurance will also pay for medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also pays expenses related to your legal defense in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your policy will pay to restore your vehicle to like-new condition.
The benefits of buying enough insurance more than offset the price you pay, especially for larger claims. In a recent study of 1,000 drivers, the average customer is wasting up to $820 a year so smart consumers compare quotes at every renewal to make sure the price is not too high.
Discount Anchorage car insurance quotes
Car insurance companies don’t list their entire list of discounts very well, so we break down a few of the more common and the more hidden ways to save on car insurance. If you do not check that you are getting every discount you qualify for, you’re just leaving money on the table.
- Employee of Federal Government – Simply working for the federal government can save as much as 8% with certain companies.
- Anti-theft System – Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen and can earn a small discount on your policy.
- Good Student – A discount for being a good student may save you up to 25%. Most companies allow this discount until age 25.
- Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents so companies give up to a 10% discount.
- Online Discount – Certain companies give back up to $50 simply for signing on the web.
- Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if it’s offered in school.
- Discount for Home Ownership – Simply owning a home can save a few bucks because maintaining a house requires personal responsibility.
- Resident Student – Youth drivers who live away from home at college and leave their car at home may qualify for this discount.
- Claim-Free Discount – Good drivers with no accidents pay less as opposed to drivers who are more careless.
As a sidenote, some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as comp or med pay. 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 help lower your policy premium.
Car insurance companies that possibly offer most of the discounts above possibly include:
If you need the cheapest Toyota Celica rate quotes, ask each company or agent which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available everywhere. If you would like to choose from a list of companies who offer car insurance discounts in Anchorage, click this link.
Buying car insurance from Anchorage insurance agents
Many people would prefer to talk to a local agent and that is not a bad decision Professional agents will help you protect your assets and will help you if you have claims. One of the great benefits of price shopping on the web is that you can find lower rates and still buy from a local agent.
By using this quick form, the quote information is sent to participating agents in Anchorage that can provide free Anchorage auto insurance quotes to get your business. There is no need to find an agent due to the fact that quote results will go straight to your inbox. In the event you want to quote rates from a specific company, just visit that company’s website and complete a quote there.
Finding a good company shouldn’t rely on just the quoted price. Get answers to these questions too.
- What are the financial ratings for the companies they represent?
- Does the quote include credit and driving reports?
- Are claims handled at the agent’s location?
- When do they do a full risk review?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
Two types of Anchorage car insurance agents
If you are wanting to find a reputable insurance agent or broker, you should know the different types of agents and how they can write your policy. Agents in Anchorage can be described as either independent agents or exclusive agents depending on their employer. Either one can do a good job, but we need to point out how they are different because it can impact your selection of an agent.
Exclusive Car Insurance Agencies
Agents of this type work for only one company such as Farmers Insurance, American Family, State Farm and Allstate. Exclusive agencies are unable to compare other company’s rates so you might not find the best rates. These agents are highly trained in insurance sales and that allows them to sell at a higher price point.
Shown below are Anchorage exclusive agencies that can give you price quote information.
Independent Agents (or Brokers)
These agents are not limited to a single company so they can insure your vehicles amongst many companies and get the cheapest rates. If your premiums go up, they simply switch companies in-house without you having to go to a different agency.
When searching for an agent, we highly recommend that you get some free quotes from at a minimum one independent agency to have the best price comparison.
The following are Anchorage independent agents that can give you price quote information.
Kevin Dykman Agency
4450 Cordova St #120 – Anchorage, AK 99503 – (907) 563-5300 – View Map
Insurance coverage specifics
Understanding the coverages of insurance aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverage types available from insurance companies.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as damage from flooding, hitting a bird and falling objects. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Toyota Celica.
Because many people have only the minimum liability required by law (50/100/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like chiropractic care, ambulance fees, rehabilitation expenses, EMT expenses and pain medications. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Collision coverage protection
Collision insurance covers damage to your Celica resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against things such as hitting a mailbox, driving through your garage door, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also increase the deductible on your Celica to bring the cost down.
Auto liability insurance
Liability insurance protects you from damage or injury you incur to other people or property. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/25 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $25,000 for damage to vehicles and property.
Liability can pay for things like structural damage, attorney fees and court costs. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible. Alaska requires drivers to carry at least 50/100/25 but it’s recommended drivers buy more coverage.
The next chart demonstrates why minimum state limits may not be adequate.
Keep this in mind when shopping around
Some auto insurance companies do not offer online quoting and most of the time these regional insurance providers provide coverage only through independent insurance agencies. Budget-friendly auto insurance in Anchorage is available both online and from local agencies, and you need to price shop both to have the best chance of lowering rates.
When getting Anchorage auto insurance quotes online, never buy poor coverage just to save money. There have been many situations where consumers will sacrifice liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal should be to purchase a proper amount of coverage at the best possible price, but don’t skip important coverages to save money.
Steps to finding discount Toyota Celica insurance in Anchorage
It takes a few minutes, but the best way to get cheaper Toyota Celica insurance is to do a yearly price comparison from providers in Anchorage. You can compare prices by following these guidelines.
Step 1: Read about coverages and the modifications you can make to prevent expensive coverage. Many rating criteria that drive up the price like accidents, traffic violations, and a low credit score can be remedied by making lifestyle changes or driving safer.
Step 2: Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while independent agencies can provide prices from multiple companies. Click to view companies
Step 3: Compare the price quotes to your existing rates and determine if there is any savings. If you can save money and make a switch, make sure coverage does not lapse between policies.
Step 4: Provide adequate notice to your current company to cancel your current coverage and submit a signed application and payment to the new insurer. As soon as you receive it, keep the new certificate of insurance in your vehicle.
An essential thing to point out is to compare similar deductibles and liability limits on every price quote and and to look at as many companies as you can. This provides the most accurate price comparison and the best price selection.
For more information, take a look at the following helpful articles:
- Auto Insurance Basics (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance Rates for a 20 Year Old Male in Anchorage? (FAQ)
- Who Has the Cheapest Anchorage Car Insurance Rates for Immigrants? (FAQ)
- Auto Theft Statistics (Insurance Information Institute)
- Older Drivers FAQ (iihs.org)
- Prom Night Tips for Teen Drivers (State Farm)
- Smart Auto Insurance Tips (Insurance Information Institute)