Save Money on Toyota Highlander Insurance in Honolulu

Insurance for Toyota HighlanderThe best way we recommend to find the cheapest price for auto insurance rates is to start comparing rates regularly from providers that insure vehicles in Honolulu. This can be done by following these steps.

A tip to remember is that you use the same level of coverage on each quote and and to get quotes from as many car insurance companies as possible. Doing this provides an accurate price comparison and the best price selection.

It’s safe to assume that insurance companies don’t want you quoting rates from other companies. Drivers who get comparison quotes once a year are likely to buy a different policy because of the good chance of finding a lower-cost company. Surprisingly, a recent survey revealed that people who make a habit of shopping around saved on average $3,400 over four years compared to drivers who never compared other company’s rates.

If saving the most money on Toyota Highlander insurance in Honolulu is your ultimate objective, then understanding how to get free comparison quotes and analyze insurance coverage can help you succeed in saving money.

If you’re already insured or just want to reduce your rates, follow these tips to shop for the lowest rates without sacrificing coverage. Buying the cheapest auto insurance in Honolulu can initially seem challenging. Consumers only need to know the most efficient way to compare price quotes from multiple carriers.

Getting more affordable Toyota Highlander car insurance pricing is actually easier than you may think. All you need to do is invest a little time to compare rates from different insurance companies.

It’s so simple to compare car insurance rate quotes online makes it obsolete to waste gas driving to each insurance agency near you. Quoting Toyota Highlander insurance online makes this unnecessary unless you require the personal advice that only a licensed agent can provide. Although, it is possible compare online quotes but purchase the actual policy in an agency.

The providers in the list below provide price comparisons in Hawaii. If multiple companies are listed, it’s highly recommended you get prices from several of them to find the lowest car insurance rates.

Take policy discounts and save on Toyota Highlander insurance in Honolulu

Insurance can cost an arm and a leg, but there could be available discounts that you may not even be aware of. Certain credits will be shown at the time you complete a quote, but a few must be specifically requested before they will apply.Car insurance discounts

Don’t be surprised that many deductions do not apply to the whole policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, car insurance companies aren’t that generous.

The information below shows the comparison of Toyota Highlander insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, no driving violations, no at-fault accidents, Hawaii state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, homeowner, multi-car, claim-free, and safe-driver discounts applied.

If you would like to choose from a list of companies that offer the discounts shown above in Honolulu, click this link.

Analysis of coverages

The premium table displayed next highlights estimates of prices for Toyota Highlander models. Having a better idea how car insurance prices are determined can assist in making decisions on which insurance to purchase.


Toyota Highlander Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $204 $284 $264 $16 $80 $848 $71
Highlander 4WD $230 $344 $264 $16 $80 $934 $78
Highlander Sport 4WD $230 $344 $264 $16 $80 $934 $78
Highlander SE 2WD $230 $344 $264 $16 $80 $934 $78
Highlander Sport 2WD $230 $344 $264 $16 $80 $934 $78
Highlander Limited 2WD $258 $406 $264 $16 $80 $1,024 $85
Highlander SE 4WD $258 $406 $264 $16 $80 $1,024 $85
Highlander Limited 4WD $258 $406 $264 $16 $80 $1,024 $85
Highlander Hybrid 4WD $258 $406 $264 $16 $80 $1,024 $85
Highlander Hybrid Limited 4WD $258 $406 $264 $16 $80 $1,024 $85
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Information does not factor in specific location which can affect premium rates noticeably.

Rate comparison for different deductibles

One frequently asked question is what deductibles to buy. The rates shown below can help you visualize the price difference of buying low and high insurance deductibles. The first table uses a $100 physical damage deductible and the second rate chart uses a $1,000 deductible.


Toyota Highlander insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $228 $338 $264 $16 $80 $951 $79
Highlander 4WD $258 $412 $264 $16 $80 $1,055 $88
Highlander Sport 4WD $258 $412 $264 $16 $80 $1,055 $88
Highlander SE 2WD $258 $412 $264 $16 $80 $1,055 $88
Highlander Sport 2WD $258 $412 $264 $16 $80 $1,055 $88
Highlander Limited 2WD $286 $484 $264 $16 $80 $1,155 $96
Highlander SE 4WD $286 $484 $264 $16 $80 $1,155 $96
Highlander Limited 4WD $286 $484 $264 $16 $80 $1,155 $96
Highlander Hybrid 4WD $286 $484 $264 $16 $80 $1,155 $96
Highlander Hybrid Limited 4WD $286 $484 $264 $16 $80 $1,155 $96
Get Your Own Custom Quote Go

Toyota Highlander insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $126 $178 $264 $16 $80 $664 $55
Highlander 4WD $142 $216 $264 $16 $80 $718 $60
Highlander Sport 4WD $142 $216 $264 $16 $80 $718 $60
Highlander SE 2WD $142 $216 $264 $16 $80 $718 $60
Highlander Sport 2WD $142 $216 $264 $16 $80 $718 $60
Highlander Limited 2WD $158 $256 $264 $16 $80 $774 $65
Highlander SE 4WD $158 $256 $264 $16 $80 $774 $65
Highlander Limited 4WD $158 $256 $264 $16 $80 $774 $65
Highlander Hybrid 4WD $158 $256 $264 $16 $80 $774 $65
Highlander Hybrid Limited 4WD $158 $256 $264 $16 $80 $774 $65
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Information does not factor in specific garaging location which can increase or decrease coverage prices considerably.

We can estimate from the data above that using a $100 deductible will cost in the ballpark of $29 more each month or $348 annually than buying the higher $1,000 deductible. Since you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at least 31 months between claims, you would probably come out ahead if you opt for a higher deductible. The illustration below shows a better example of how you can decide this on your own policy.

Average monthly premium for $100 deductibles: $91
Average monthly premium for $1,000 deductibles (subtract): – $62
Monthly savings from raising deductible: $29
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $29
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 31 months

One big caveat is that raising deductibles to get cheaper rates results in more money out-of-pocket when you have a physical damage claim. That will force you to have enough money put aside in the event you have to pay the deductible.

Seven Things That Affect Your Insurance Prices

Lots of factors are considered when premium rates are determined. Some are obvious such as your driving history, but some are not as apparent such as whether you are married or your vehicle rating.

Never let your coverage expire – Going without insurance can be a fast way to pay more for insurance. Not only will rates go up, getting caught without coverage will get you a hefty fine and possibly a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the Hawaii motor vehicle department to get your license reinstated.

Insurance rates in urban areas – Being located in smaller towns and rural areas of the country can save you money when buying insurance. Lower population means a lower chance of having an accident as well as less vandalism and auto theft. Residents of big cities have to deal with more auto accidents and longer commutes to work. More time on the road means more chance of being in an accident.

Youthful drivers cost more – Youthful drivers in Hawaii have a tendency to be more careless when at the wheel of a vehicle so they pay higher insurance rates. Older drivers are more cautious drivers, cause fewer claims and accidents, and get fewer tickets.

The data below assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.

Avoid traffic tickets – Your driving record impacts premiums far more than you think. Attentive drivers get better rates compared to drivers with tickets. Having just one ticket can bump up the cost to the point where it’s not affordable. Drivers who have received license-revoking citations such as DWI, reckless driving or hit and run convictions may find they need to prove financial responsibility with their state motor vehicle department in order to legally drive a vehicle.

The illustration below demonstrates how traffic citations and accident claims can influence Toyota Highlander insurance prices for different age groups. The premium estimates are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.

Rates can drop if you have more than one policy – Most larger insurers afford better rates to policyholders that purchase more than one policy such as combining an auto and homeowners policy. Discounts can amount to as much as ten percent or more Even with this discount, it’s still a good idea to comparison shop to make sure you are getting the best deal. You may still be able to find better rates by buying insurance from a different company.

Rates impacted by vehicle usage – The higher the mileage driven in a year the more you’ll pay to insure it. Most insurance companies charge rates based upon how much you drive. Vehicles not used for work or commuting get more affordable rates than vehicles that have high annual mileage. It’s a smart idea to ensure your policy reflects how each vehicle is driven. Having an incorrect usage rating on your Highlander is throwing money out the window.

Get cheaper premiums after the wedding – Getting married helps lower the price on insurance. Having a significant other means you’re more mature and insurance companies reward insureds because married drivers tend to have fewer serious accidents.

Toyota Highlander claim data – Insurers use past insurance losses in order to profitably underwrite each model. Models that statistically have higher loss trends will have higher premium rates. The next table shows the actual insurance loss data for Toyota Highlander vehicles.

For each coverage category, the statistical loss for all vehicles as a whole is represented as 100. Percentage numbers below 100 indicate a favorable loss history, while percentages above 100 indicate more frequent claims or an increased probability of a larger loss.


Car Insurance Loss Data for Toyota Highlander Models
Specific Toyota Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Highlander 4dr 2WD 88 82 94 94 78 75
Toyota Highlander 4dr 4WD 95 86 117 88 74 78
Toyota Highlander Hybrid 4dr 4WD 111 143
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years