Finding economical coverage for a Toyota Highlander is fairly simple, but it depends on a lot of rating criteria such as how old the Highlander is, the size of your vehicle, and any driving offenses on your record. Drivers pay around $929 annually for Highlander insurance, but that price is a valuation calculated based on a 50-year-old single male driver with full comprehensive and collision coverage and $250 deductibles.
The problem with using this number is the good chance you may not be 50 years old (or even male), maybe you are married instead of single, and maybe your Highlander is older and does not require full coverage. Even a minor difference in policy rating criteria or coverages could end up with a large change in the cost of insuring your Highlander.
There is no perfect policy for every driver, so the way we recommend to find cheap insurance prices for your Toyota is to put in the effort to do a thorough rate comparison. Get your free quotes now and you will be able to compare rates from the cheapest companies that insure vehicles in Alaska.
The trim level of your Highlander can impact the yearly cost, so the price you will pay to insure a Highlander 2WD will cost $178 less than the cost to insure the high end Highlander Hybrid Limited 4WD version, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Highlander Sport 4WD||$204||$364||$308||$18||$92||$986||$82|
|Highlander SE 2WD||$204||$364||$308||$18||$92||$986||$82|
|Highlander Sport 2WD||$204||$364||$308||$18||$92||$986||$82|
|Highlander Limited 2WD||$228||$430||$308||$18||$92||$1,076||$90|
|Highlander SE 4WD||$228||$430||$308||$18||$92||$1,076||$90|
|Highlander Limited 4WD||$228||$430||$308||$18||$92||$1,076||$90|
|Highlander Hybrid 4WD||$228||$430||$308||$18||$92||$1,076||$90|
|Highlander Hybrid Limited 4WD||$228||$430||$308||$18||$92||$1,076||$90|
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium costs do not factor in garaging location in Anchorage which can change coverage prices significantly.
Comparing quotes for cheap insurance is not the easiest thing to accomplish, and figuring out which companies offer the most affordable auto insurance rates for a Toyota Highlander will involve more quotes for comparison. Each company uses slightly different criteria for setting rates, so let’s take a look at the auto insurance companies with the most affordable rates in Anchorage.
It’s a good idea to know that Anchorage, AK auto insurance rates are determined by lots of factors which can substantially decrease or increase the price of your policy. This is why it is crucial to compare rates when trying to get the most budget-friendly car insurance quotes for a Toyota Highlander. Rates consist of many different factors and can change without notice, so the most affordable company when you last compared rates may now be one of the higher cost companies.
Best Cheap Insurance Rates for Your Highlander
Umialik normally has some of the lowest car insurance rates in Anchorage at around $874 annually. USAA, State Farm, Progressive, and GEICO would also make the list of some of the best Anchorage, AK insurance companies.
As the example above demonstrates, if you have coverage with USAA and switched to Umialik, you may realize yearly savings of in the vicinity of $55. Alaska drivers with State Farm might save as much as $101 a year, and Progressive policyholders might lower prices by $349 a year.
To see how much you can save, click here to start your custom quote or quote rates from the companies below.
These policy prices are averages for all ages of drivers and types of vehicles and and are not calculated with an exact vehicle garaging location for a Toyota Highlander. So the car insurance company that can offer you the best rate may not even be in the list above. That underscores the importance of why you need to get rate quotes from many companies using your own driver and vehicle profiles.
Drive safe and save
The common sense way to get the best auto insurance premiums in Alaska for a Highlander is to be a cautious driver and not receive tickets or have accidents. The chart below illustrates how speeding tickets and accident claims can affect auto insurance rates for different age categories. The costs are based on a single female driver, full coverage, $250 deductibles, and no discounts are factored in.
In the example above, the average cost of car insurance in Alaska per year with no accidents and a clean driving record is $1,645. Factor in one speeding ticket and the average cost swells to $1,864, an increase of $220 each year. Then add one accident along with the one speeding ticket and the yearly cost of auto insurance for a Toyota Highlander increases to an average of $2,471. That’s an increase of $826, or $69 per month, just for not paying attention while driving!
Can you find cheaper Highlander insurance?
Alaska auto insurance rates are calculated based on many things which can substantially change the price you pay for coverage. Getting older, buying a different vehicle, or getting a ticket for careless driving can produce rate changes resulting in some companies being much cheaper than others.
Not only may things change on your end, but insurance companies file new Alaska car insurance rates at least once a year to reflect underwriting profits or losses. Higher than normal claims may cause rate hikes, while lower claim levels may cause cheaper Highlander insurance rates.
For example, the graph below demonstrates which company has the cheapest car insurance in Anchorage, AK for a 30-year-old male driver with a clean driving record, no accidents, and great credit. When comparing rates based on his personal profile, Umialik might offer the best car insurance rates in Anchorage at $1,171 annually. This is $372 less than the average price paid by Alaska drivers of $1,543. USAA, State Farm, Progressive, and GEICO are the remainder of the cheapest Anchorage, AK auto insurance companies.
The chart below compares rates after we give the driver from the first rate comparison a couple of claims, a lower credit rating, and a speeding citation. Since each insurance company has their own formula to set premium rates, getting updated rate quotes may result in a slightly different list of the cheapest Anchorage car insurance companies as shown below.
USAA now has the best price in Anchorage with State Farm, Umialik, Progressive, and Safeco also having competitive pricing. This demonstrates why it is important to do a thorough rate comparison to find the most affordable insurance rates for a Toyota Highlander. Rates consist of many factors and can increase or decrease at any time, so the cheapest option two years ago may now be priced much higher than other options.
How to find the cheapest insurance for a Toyota Highlander
The list below summarizes some thrifty suggestions that can help drivers quote cheaper coverage.
- Try to remain claim-free
- Save money by bundling your home and auto policies
- Avoid having at-fault accidents
- Good credit can mean cheaper rates
- Higher comprehensive and collision coverage deductibles will save money
- Keep your driving record clean
- Compare rates once a year for cheaper prices
The last tip is especially important, as was noted in this write-up. Coverage rates go up and down frequently, so you should be ready to change to a new company if a cheaper price is available.
Brand loyalty is not necessarily bad, but it’s not a great idea if it’s costing you money that could be used for better things. If you have a few minutes, now is a great time to compare rates and find cheaper car insurance for a Toyota Highlander in Anchorage.
If you have questions and prefer to have professional advice when trying to find the best insurance rates for a Toyota Highlander, the professional agents shown below can probably aid you in deciding which auto insurance coverages would be the best in your situation.
To locate an agency using an interactive map, click the button following the list.
- Curt Green, Jr. – State Farm Insurance Agent
836 E 15th Ave #1 – Anchorage, AK 99501 – (907) 272-2812
- Stacey Roy – State Farm Insurance Agent
9220 Lake Otis Pkwy Ste A6 – Anchorage, AK 99507 – (907) 345-0505
- Kent S Kallander Insurance Agency Inc
1317 W Northern Lights Blvd #9 – Anchorage, AK 99503 – (907) 563-1492
- Gary Annis – State Farm Insurance Agent
3330 C St #101 – Anchorage, AK 99503 – (907) 563-1960
- Allstate Insurance: Kelly L. Snodgrass
9900 Old Seward Hwy #5 – Anchorage, AK 99515 – (907) 346-4006