Compare Toyota Sequoia Insurance Quotes in Anchorage

The best way we recommend to get more affordable Toyota Sequoia insurance is to compare quotes once a year from insurers in Anchorage. Rates can be compared by following these steps.

1. Try to comprehend how insurance works and the steps you can take to prevent expensive coverage. Many things that increase rates such as high-risk driving behaviors and a bad credit score can be improved by making minor driving habit or lifestyle changes. Later in this article we will cover more information to get cheaper rates and find hidden discounts.
2. Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from a single company like GEICO or State Farm, while agents who are independent can provide prices from many different companies.
3. Compare the new rates to the price on your current policy and see if there is a cheaper rate. If you find better rates and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Tell your current company to cancel your current auto insurance policy and submit a signed application and payment to the new company. Once the application is submitted, safely store the certificate verifying coverage along with the vehicle’s registration papers.

One key aspect of rate comparisons is that you’ll want to make sure you compare the same level of coverage on each price quote and and to get price quotes from as many car insurance companies as possible. Doing this provides an accurate price comparison and the best price quote selection.

Unbelievable but true according to a study nearly 70% of consumers kept their coverage with the same car insurance company for at least the last four years, and practically 40% of car insurance customers have never shopped around. Alaska drivers could pocket 35% a year just by getting comparison quotes, but most undervalue how much savings they would realize if they switched to a more affordable policy.

Locating the best rates in Anchorage can be made easier if you know where to look. If you have a current auto insurance policy, you will surely be able to cut your premiums using the tips covered below. Although Alaska car owners need to learn the way insurance companies sell online and use it to your advantage.

Lower-cost Anchorage insurance rates with discounts

Some providers do not list the entire discount list in a way that’s easy to find, so the list below gives a summary of some of the best known in addition to some of the lesser obvious credits that may apply to you.

• Telematics Data Discounts – Insureds who allow driving data submission to spy on when and where they use their vehicle by using a small device installed in their vehicle like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if their driving habits are good.
• Bundled Policy Discount – When you have multiple policies with the same company you could earn a discount of at least 10% off all policies.
• Senior Citizen Rates – Older drivers could receive reduced rates.
• Passive Restraint Discount – Factory options such as air bags or motorized seat belts can qualify for discounts of more than 20%.
• Employee of Federal Government – Active or retired federal employment may reduce rates when you quote Anchorage car insurance with some insurance companies.
• Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more on medical payment and PIP coverage.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like you could get a free insurance policy, nobody gets a free ride.

The illustration below illustrates the difference between Toyota Sequoia auto insurance rates with and without discounts. The price estimates are based on a female driver, no accidents, no driving violations, Alaska state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, multi-car, safe-driver, marriage, and claim-free discounts applied.

A list of insurance companies and a partial list of their discounts include:

• Mercury Insurance offers discounts including location of vehicle, annual mileage, multi-car, accident-free, age of vehicle, and multi-policy.
• Farmers Insurance may have discounts that include early shopping, alternative fuel, bundle discounts, electronic funds transfer, homeowner, switch companies, and distant student.
• Farm Bureau policyholders can earn discounts including multi-policy, youthful driver, renewal discount, 55 and retired, driver training, multi-vehicle, and safe driver.
• State Farm has savings for Drive Safe & Save, anti-theft, student away at school, good driver, good student, and multiple policy.
• Allstate offers discounts for resident student, passive restraint, senior citizen, new car, multi-policy, and defensive driver.
• GEICO discounts include anti-theft, good student, seat belt use, five-year accident-free, air bags, and anti-lock brakes.

If you are trying to find affordable Anchorage car insurance quotes, ask every insurance company to give you their best rates. Some discounts listed above may not apply to policies in Anchorage.

It’s important to know that comparing more prices increases your odds of finding the best rates. Not every company provides online Anchorage Sequoia insurance quotes, so it’s necessary to compare price quotes from them, too.

The auto insurance companies shown below provide comparison quotes in Alaska. In order to find the best auto insurance in AK, we suggest you visit as many as you can to get the most competitive price.

Coverage information

The data table below highlights a range of insurance coverage prices for Toyota Sequoia models. Having insight into how prices are formulated is important for making decisions on the best policy coverages.

Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Premium costs do not factor in specific garaging location which can affect rates noticeably.

How high should deductibles be?

One common question asked by Anchorage drivers is the level to set your comp and collision deductibles. The data tables below may aid in understanding the difference in cost when you select higher and lower coverage deductibles. The first data table uses a $100 deductible and the second price chart uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Information does not factor in specific location which can lower or raise premiums noticeably.

Based on the above data, using a $100 deductible costs roughly $32 more each month or $384 annually across all Toyota Sequoia models than quoting the higher $1,000 deductible. Because you would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 28 months between claims, you would probably come out ahead if you decide on a higher deductible. The table below shows a better example of how you can perform this determination yourself.

The information below shows how choosing a deductible and can influence Toyota Sequoia insurance costs for each age group. The rate quotes are based on a married male driver, full coverage, and no discounts are applied to the premium.

Comparison of full coverage and liability-only policies

The diagram below illustrates the difference between Toyota Sequoia insurance rates with full coverage compared to only the Alaska minimum liability coverage. The premiums assume no accidents or driving violations, $1,000 deductibles, marital status is single, and no policy discounts are applied.

Should you be buying full coverage?

There is no exact rule to exclude full coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Toyota Sequoia settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after the deductible is paid. If it’s costing you more than $600 a year for full coverage, then you might want to consider buying only liability coverage.

There are some cases where dropping full coverage is not a good idea. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.

Compare prices but buy from a neighborhood Anchorage auto insurance agent

Many drivers just prefer to get professional advice from a licensed agent and that is a smart decision The biggest benefit of comparing rates online is you can get lower rates but still work with a licensed agent.

To find an agent, once you fill out this quick form, the coverage information gets sent to local insurance agents in Anchorage who can give free rate quotes and help you find cheaper coverage. You don’t have to leave your computer as quotes are delivered directly to your email. You can get cheaper car insurance rates without requiring a lot of work. If you want to quote rates from a specific car insurance provider, just go to their quote page and give them your coverage information.

Selecting an company should depend on more than just a cheap price. Ask your prospective agent these questions:

• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• Are you getting all the discounts the company offers?
• What insurance company do they write the most business with?
• Do the companies they represent have a solid financial rating?
• Where are claims handled?
• Do the agents have professional certifications like CPCU or CIC?

When researching a reputable agency, you must know there are a couple different types of agents and how they can quote your rates. Anchorage agents may be either independent (non-exclusive) or exclusive.

Exclusive Insurance Agencies

Exclusive insurance agents generally can only insure with one company and examples are Farmers Insurance, State Farm, Allstate, and AAA. They generally cannot provide rate quotes from other companies so always compare other rates. Exclusive agents are usually well trained on their company’s products and that can be a competitive advantage. A lot of people buy insurance from these agents partially due to high brand loyalty rather than low rates.

The following is a list of exclusive agents in Anchorage willing to provide price quotes.

• State Farm Insurance Companies Agent
  3900 Arctic Blvd #102 – Anchorage, AK 99503 – (907) 563-3188 – View Map
• Gary Annis – State Farm Insurance Agent
  3330 C St #101 – Anchorage, AK 99503 – (907) 563-1960 – View Map
• Doug McCann – State Farm Insurance Agent
  360 Boniface Pkwy, Ste B5 – Anchorage, AK 99504 – (907) 272-6442 – View Map

View more Anchorage agents

Independent Insurance Agents

These agents are not employed by any specific company and that is an advantage because they can write policies with lots of companies and find the cheapest car insurance rates. If your premiums go up, your agent can switch companies which requires no work on your part. When searching for an agent, you absolutely need to get rate quotes from at least one independent agent to get the best comparison. Most have the option of insuring with mutual insurance companies that may have much lower rates than larger companies.

Shown below is a short list of independent insurance agents in Anchorage that are able to give rate quotes.

• Insurance Group Of Alaska
  505 W Northern Lights Blvd #216 – Anchorage, AK 99503 – (907) 276-9600 – View Map
• The Wilson Agency
  3000 A St #400 – Anchorage, AK 99503 – (907) 277-1616 – View Map
• Alaska Service Agency
  6901 Debarr Road #201 – Anchorage, AK 99504 – (907) 337-2311 – View Map

View more Anchorage agents

If you feel you receive satisfactory answers and an acceptable price quote, most likely you have located a car insurance agent that meets the criteria to adequately provide car insurance.

Compare but don’t skimp

Budget-friendly auto insurance in Anchorage can be sourced on the web and from local insurance agents, and you should be comparing both to have the best selection. There are still a few companies who may not have online quoting and most of the time these small insurance companies only sell through independent agents.

Insureds who switch companies do it for many reasons like lack of trust in their agent, poor customer service, extreme rates for teen drivers or being labeled a high risk driver. No matter why you want to switch, finding a new company is not as difficult as it may seem.

While you’re price shopping online, do not sacrifice coverage to reduce premiums. In many cases, an accident victim reduced full coverage only to regret at claim time that it was a big mistake. Your aim should be to get the best coverage possible at the best cost while not skimping on critical coverages.

Even more information is located in these articles:

• Where can I buy Insurance? (Insurance Information Institute)
• What Car Insurance is Cheapest for a Toyota RAV4 in Anchorage? (FAQ)
• Who Has Affordable Car Insurance for Police Officers in Anchorage? (FAQ)
• Who Has Affordable Car Insurance Rates for a 20 Year Old Female in Anchorage? (FAQ)
• Who Has Affordable Auto Insurance Quotes for Young Drivers in Anchorage? (FAQ)
• Safety Features for Your New Car (State Farm)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
• Tools for Teen Driving Safety (State Farm)
• Your Car has been Stolen: Now What? (Allstate)