Are you sick and tired of robbing Peter to pay Paul to buy insurance? Your situation is no different than most other vehicle owners in Texas.
Amazlingly, a recent NerdWallet.com study showed that nearly 70% of customers have stayed with the same insurance company for well over three years, and 38% of customers have never shopped around. The average driver in Austin could pocket roughly $1,770 a year, but they just don’t understand how easy it is to compare other rate quotes. Companies like GEICO, Farmers Insurance and State Farm constantly blast consumers with fancy advertisements and it can be hard to see through the deception and take the time to shop coverage around.
Companies offering Toyota 86 insurance in Texas
The following companies are ready to provide quotes in Austin, TX. If multiple companies are shown, we recommend you visit several of them to get the most affordable price.
Save with these seven discounts on Toyota 86 insurance in Austin
Insuring your vehicles can cost a lot, but discounts can save money and there are some available to reduce the price significantly. Larger premium reductions will be automatically applied at quote time, but a few must be asked for before being credited. If they aren’t giving you every credit possible, it’s possible you qualify for a lower rate.
- Drivers Education – Require your teen driver to participate in a local driver’s education class in high school.
- Discount for Low Mileage – Low annual miles may enable drivers to earn discounted insurance rates on garaged vehicles.
- Telematics Devices – Drivers that enable their company to spy on their driving habits by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts as long as they are good drivers.
- ABS Braking Discount – Cars and trucks that have steering control and anti-lock brakes can stop better under adverse conditions and therefore earn up to a 10% discount.
- Senior Discount – Mature drivers may be able to get a small decrease in premiums.
- Seat Belt Usage – Requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
- Paperless Signup – A handful of insurance companies may give you up to $50 just for signing your application on the web.
Remember that some credits don’t apply to the entire policy premium. Most cut individual premiums such as comp or med pay. Even though the math looks like adding up those discounts means a free policy, you aren’t that lucky.
Popular insurance companies and a selection of discounts can be found below.
- Progressive has savings for homeowner, good student, multi-policy, continuous coverage, online quote discount, online signing, and multi-vehicle.
- The Hartford policyholders can earn discounts including anti-theft, driver training, air bag, defensive driver, bundle, and vehicle fuel type.
- Mercury Insurance offers premium reductions for good driver, age of vehicle, multi-car, anti-theft, and type of vehicle.
- GEICO may include discounts for federal employee, military active duty, multi-policy, five-year accident-free, daytime running lights, and good student.
- AAA has discounts for good driver, education and occupation, pay-in-full, AAA membership discount, and multi-car.
- State Farm includes discounts for good student, defensive driving training, good driver, accident-free, multiple autos, and Drive Safe & Save.
When getting a coverage quote, ask every insurance company to apply every possible discount. Savings may not be offered in every state. To see providers that offer the discounts shown above in Austin, click this link.
Local Austin insurance agents and car insurance
A lot of people would prefer to talk to a local agent and doing so can bring peace of mind Professional insurance agents can help you build your policy and will help you if you have claims. The biggest benefit of getting online price quotes is the fact that drivers can get better rates and still have a local agent.
Once you complete this simple form, the quote information is emailed to insurance agents in Austin who will return price quotes and help you find cheaper coverage. There is no need to find an agent on your own because prices are sent immediately to you. If you have a need to compare rates from a specific car insurance provider, just navigate to their website and give them your coverage information.
Choosing the best provider requires more thought than just the quoted price. Any agent in Austin should be forthright in answering these questions:
- Do they get extra compensation for selling add-on coverages?
- Will high miles depreciate repair valuations?
- Do the agents have professional certifications like CPCU or CIC?
- Does the company have a local claim office in Austin?
- Is there a 24/7 contact number?
If you’re trying to find a local Austin insurance agent, it helps to know the two different agency structures and how they work. Insurance agencies in Austin may be either exclusive or independent (non-exclusive). Both insure your vehicles, but it is a good idea to know the difference between them since it may influence your selection of an agent.
Exclusive Car Insurance Agents
Agents that choose to be exclusive have only one company to place business with and some examples include Allstate, State Farm and Farm Bureau. Exclusive agents cannot provide rate quotes from other companies so always compare other rates. Exclusive agents are highly trained in insurance sales and that allows them to sell at a higher price point.
Below is a list of exclusive insurance agents in Austin willing to provide rate quotes.
Jane McQuiggin-Hutson – State Farm Insurance Agent
2307 W Parmer Ln – Austin, TX 78727 – (512) 973-8501 – View Map
Independent Agents (or Brokers)
Agents that elect to be independent can sell policies from many different companies so they can write business with lots of companies and potentially find a lower price. If they quote lower rates, they simply move the coverage in-house and you won’t have to switch agencies. If you need cheaper car insurance rates, we recommend you compare prices from several independent agencies for maximum quote selection.
The following is a short list of independent agencies in Austin who can help you get price quotes.
Specific coverage details
Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average insurance policy.
Auto liability insurance
Liability insurance protects you from damage or injury you incur to a person or their property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 30/60/25 that means you have a $30,000 limit per person for injuries, $60,000 for the entire accident, and $25,000 of coverage for damaged property.
Liability insurance covers things like funeral expenses, emergency aid, legal defense fees, repair costs for stationary objects and structural damage. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford. Texas requires minimum liability limits of 30/60/25 but drivers should carry more coverage.
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your Toyota 86.
Due to the fact that many Texas drivers only carry the minimum required liability limits (Texas limits are 30/60/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Collision coverage protection
Collision insurance pays for damage to your 86 from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as scraping a guard rail, driving through your garage door and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible on your 86 to save money on collision insurance.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for ambulance fees, nursing services, doctor visits and funeral costs. They are utilized in addition to your health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision)
This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as damage from getting keyed, hitting a deer and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Persistent drivers can save
Some companies do not offer internet price quotes and most of the time these regional carriers prefer to sell through local independent agencies. Cheap Toyota 86 insurance in Austin can be purchased from both online companies as well as from insurance agents, so you need to compare both to have the best selection.
As you restructure your insurance plan, make sure you don’t skimp on critical coverages to save a buck or two. In too many instances, an insured cut collision coverage to discover at claim time that they should have had better coverage. The goal is to buy a smart amount of coverage at the best possible price while not skimping on critical coverages.
- Speed and Speed Limit FAQ (iihs.org)
- Who Has the Cheapest Auto Insurance for Drivers Over Age 50 in Austin? (FAQ)
- Who Has Affordable Austin Car Insurance Quotes for 16 Year Olds? (FAQ)
- Who Has Cheap Car Insurance Rates for 18 Year Olds in Austin? (FAQ)
- How to Avoid Common Accidents (State Farm)
- Collision Insurance Coverage (Nationwide)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Prom Night Tips for Teen Drivers (State Farm)