Finding economical car insurance for a Toyota Tundra is dependent upon a fairly complex equation with a lot of factors such as annual vehicle mileage, whether or not you have prior claims, and the deductible amount you use. Drivers pay around $967 each year for Tundra insurance, but that amount is an estimate calculated using a 50-year-old single female driver with both comprehensive and collision coverage and $1,000 deductibles.
It’s more than likely you are not 50 and maybe not even a female, maybe you are married instead of single, and you don’t want the same coverages and limits as the example. Even a slight difference in rating variables could result in a significant change in the cost of insuring your Tundra.
This example demonstrates why the best way to find the cheapest rates for your Toyota is to do a thorough rate comparison. Quotes only take a couple of minutes and you will get price quotes from some of the best companies that insure vehicles in Colorado.
The trim level of your Toyota tends to have a direct impact on price, so the rate you pay to insure a Tundra Regular Cab 2WD will be $156 cheaper than the insurance cost for the high end Tundra SR/5 Crew Max 4WD trim level, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tundra Regular Cab 2WD||$126||$232||$448||$26||$134||$966||$81|
|Tundra SR/5 Double Cab 2WD||$144||$282||$448||$26||$134||$1,034||$86|
|Tundra SR/5 Crew Max 2WD||$144||$282||$448||$26||$134||$1,034||$86|
|Tundra Regular Cab 4WD||$162||$282||$448||$26||$134||$1,052||$88|
|Tundra Double Cab 4WD||$162||$282||$448||$26||$134||$1,052||$88|
|Tundra SR/5 Double Cab 4WD||$162||$282||$448||$26||$134||$1,052||$88|
|Tundra Limited Double Cab 2WD||$162||$332||$448||$26||$134||$1,102||$92|
|Tundra Limited Crew MAX 2WD||$162||$332||$448||$26||$134||$1,102||$92|
|Tundra Limited Crew MAX 4WD||$182||$332||$448||$26||$134||$1,122||$94|
|Tundra SR/5 Crew Max 4WD||$182||$332||$448||$26||$134||$1,122||$94|
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Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Information does not factor in specific zip code location which can lower or raise auto insurance rates considerably.
Ending up with the highest-rated auto insurance company can be difficult considering how many choices there are in Aurora. The information listed below can help you select which car insurance providers to look at comparing rates with. The rankings below are only comprised of the companies with a significant amount of written premium nationwide, so companies that may only write in Colorado are not included in this list.
Top 10 Large Auto Insurers in Aurora Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Progressive – A+
- Titan Insurance – A+
- The Hartford – A+
Top 10 Large Auto Insurers in Aurora Ranked by Customer Service
- State Farm
- The Hartford
- The General
- AAA Insurance
- American Family
The chart below shows how different deductible levels can increase or decrease premium costs when trying to find cheap insurance for a Toyota Tundra. The information is based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
A 40-year-old driver could reduce rates by $334 a year by changing from a $100 deductible up to a $500 deductible, or save $502 by using a $1,000 deductible. Youthful drivers, like the Age 20 chart data, can save up to $846 annually just by using higher deductibles. When choosing a higher deductible, it will be necessary to have emergency funds available to offset the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
The importance of shopping around
Colorado car insurance rates are calculated based on many things that can increase the price you pay. Turning one year older, buying a home instead of renting, or getting caught speeding can produce rate changes resulting in some companies being more affordable than competitors.
In addition to those changes, car insurance companies amend pricing as needed to adjust for gains or losses. Significantly higher claims may result in additional price hikes, while better underwriting can cause cheaper Tundra insurance rates.
For example, the bar chart below shows the cheapest car insurance in Aurora, CO for a 35-year-old male driver with no prior claims, no tickets, and excellent credit. Based on his personal profile, The Hartford offers the most affordable car insurance rates in Aurora at $1,107 a year. This is $471 less than the average price paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and Travelers also make the list of the cheapest Aurora, CO auto insurance companies.
The chart below compares rates after we give the driver in the first chart a claim, poor credit, and a blemish on his driving record. Since each auto insurance company has their own guidelines for determining prices, getting updated rate quotes could result in a different ranking of affordable companies as shown below.
Auto-Owners now has the cheapest auto insurance in Aurora with State Farm, Grange, American Family, and Progressive now being in the top five. This example illustrates why Aurora drivers need to perform an extensive rate comparison to find the most economical auto insurance quotes for a Toyota Tundra.
Auto insurance prices can be determined by many things and can increase or decrease at any time, so the best price the last time you compared rates may now be quite expensive.
How to find low-cost insurance for a Toyota Tundra
The list below details some of the better money-saving solutions that can help Colorado drivers find lower-cost auto insurance.
- Drop full coverage on older vehicles
- Improve your credit score
- Drive vehicles with five-star safety ratings
- At-fault accidents can raise rates significantly
- Save money by bundling your home and auto policies
- Shop around for cheaper prices
The last tip is certainly significant, as we discussed in this article. Car insurance rates in Aurora can be modified anytime, so drivers shouldn’t hesitate to change to a new company if you find a cheaper price.
Having brand loyalty is commendable, but is isn’t recommended if that loyalty ends up costing potentially thousands of dollars a year. It only take a few minutes to compare rates and find cheaper auto insurance for a Toyota Tundra.
If you would rather have professional advice when shopping around for cheaper insurance for a Toyota Tundra, the agencies below are a good start to provide answers to your questions and help you determine which auto insurance coverages would be the best in your situation.
To find an Aurora insurance agent close to you, click the button following the list.
Farmers Insurance – John Flores
2821 S Parker Rd #235 – Aurora, CO 80014 – (720) 789-7980
Allstate Insurance: Roger Francis
18757 E Hampden Ave Ste 154 – Aurora, CO 80013 – (303) 792-3460
Jody Roberts – State Farm Insurance Agent
15260 E Hampden Ave – Aurora, CO 80014 – (303) 693-1650
Sam Smith – State Farm Insurance Agent
13688 E Iliff Ave a – Aurora, CO 80014 – (720) 535-5506