Find Affordable Toyota Avalon Insurance in Lexington

How long has it been since the last time you looked for more competitive insurance rates in Lexington, KY? Lexington drivers have a choice when trying to find low-cost Toyota Avalon insurance. They can either waste time driving around to get rate comparisons or use the internet to find the lowest rates.

There are both good and bad ways to compare insurance rates and you need to know the absolute fastest way to quote coverages for your Toyota and find the best price possible either online or from Lexington insurance agents.

Smart consumers take time to compare prices periodically due to the fact that insurance rates go up and down regularly. Just because you had the best premium rates on Toyota Avalon insurance in Lexington two years ago there is a good chance you can find better prices now. Ignore everything you know about insurance because you’re about to learn the quickest way to lower your annual insurance bill.

If you have a current insurance policy or just want cheaper rates, take advantage of these tips to lower your rates without sacrificing coverage. This article will instruct you on how car insurance works and some money-saving tips. Drivers just have to use how to quote multiple rates from many different companies online.

The following companies provide free rate quotes in Kentucky. To buy the cheapest auto insurance in Kentucky, it’s a good idea that you visit several of them to get the best price comparison.

Lexington insurance discounts for a Toyota Avalon

Auto insurance is not cheap nor is it fun to buy but there are discounts available that can dramatically reduce your bill. Some discounts will apply at the time of quoting, but less common discounts must be manually applied prior to receiving the credit.

• Air Bags and Passive Restraints – Factory options such as air bags or automatic seat belts can qualify for discounts of 25 to 30%.
• Discounts for New Vehicles – Insuring a new Avalon can cost up to 25% less because new model year vehicles are generally safer.
• Driver Safety – Taking a course that instructs on driving safety can save you 5% or more and make you a better driver.
• Multi-car Discount – Buying a policy with multiple cars or trucks on a single policy can reduce the rates for all insured vehicles.
• Lower Rates for Military – Having a family member in the military could mean lower premium rates.
• Discount for Multiple Policies – When you combine your home and auto insurance with one company you could get a discount of approximately 10% to 15%.

One thing to note about discounts is that many deductions do not apply to your bottom line cost. Most only apply to individual premiums such as liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

The diagram below shows the difference between Toyota Avalon insurance costs with and without discounts applied to the policy rates. The premiums are based on a female driver, no tickets, no at-fault accidents, Kentucky state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, claim-free, safe-driver, and multi-policy discounts applied.

Some companies that have many of the previously listed discounts possibly include:

• State Farm
• American Family
• GEICO
• 21st Century
• Progressive

When getting a coverage quote, ask each company which discounts you may be entitled to. Some discounts might not apply everywhere. To locate insurance companies that have a full spectrum of discounts in Kentucky, follow this link.

Toyota Avalon insurance charts and tables

The price information shown below outlines a range of insurance premium costs for Toyota Avalon models. Having a good grasp of how auto insurance prices are formulated can benefit drivers when making smart choices when buying a car insurance policy.

Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Table data does not factor in Lexington location which can change premiums noticeably.

Physical damage deductible comparison

One of the more difficult decisions when buying car insurance is how high should your deductibles be. The rates shown below may aid in understanding the costs and benefits between high and low coverage deductibles. The first set of rates uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Rate quotes do not factor in vehicle garaging location which can influence auto insurance rates significantly.

Based on the figures above, using a $250 deductible will cost you about $14 more each month or $168 each year than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 18 months between claim filings, you would more than likely save some money if you choose the higher deductible.

Car insurance premiums based on gender

The example below illustrates the comparison of Toyota Avalon yearly insurance costs for male and female drivers. The premiums assume no tickets, no at-fault accidents, comp and collision included, $500 deductibles, drivers are not married, and no discounts are applied to the premium.

Informed Drivers Save on Insurance

Many different elements are taken into consideration when premium rates are determined. Some of the criteria are obvious such as your driving history, but other criteria are less apparent like where you live or how safe your car is. Smart consumers have a good feel for a few of the rating criteria that help determine your policy premiums. When you know what positively or negatively impacts premium levels, this empowers consumers to make smart changes that could result in lower insurance prices.

The factors shown below are a few of the “ingredients” used by your company to calculate rates.

• Policy add-ons may not be needed – There are many additional extra coverages that you can get tricked into buying if you don’t pay attention. Add-on coverages like rental car reimbursement, accident forgiveness, and motor club memberships may not be needed and are just wasting money. You may think they are a good idea initially, but if you’ve never needed them in the past remove them and pocket the money.
• Consolidate home and auto and save – Most insurance companies will award lower prices to customers who buy several policies from them. It’s known as a multi-policy discount. Even with this discount applied, you still need to compare Toyota Avalon rates in Lexington to ensure the best deal. You may still be able to save even more by splitting coverages up.
• Insurance rates and your vocation – Do you work in a high-stress field? Occupations like lawyers, executives, and miners have higher premium rates attributed to intense work-related stress and extremely grueling work hours. Other jobs like scientists, students and performers have the lowest average rates.

• Get a ticket, pay higher costs – Getting just one speeding ticket could increase your next policy renewal substantially. Drivers with clean records receive lower rates as compared to those with violations. Drivers who have received multiple violations such as DUI or willful reckless driving may find that they have to to maintain a SR-22 with their state motor vehicle department in order to legally drive.

  The diagram below shows how traffic citations and accidents raise Toyota Avalon auto insurance costs for each different age category. The price estimates are based on a married female driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.

• Liability is cheap – Liability insurance will afford coverage when you are ruled to be at fault for damages from an accident. Your policy’s liability insurance provides legal defense coverage which can cost thousands of dollars. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
• Married people drive safer – Your spouse can actually save you money on insurance. Having a spouse means you’re more mature and responsible and it’s proven that drivers who are married are more cautious.

• High performance equals high costs – The make and model of the vehicle you are trying to find cheaper insurance for makes a big difference in your premium level. Lower performance four cylinder passenger models usually have the lowest premiums, but the final cost of insurance is determined by many other factors.

  The next chart uses these assumptions: single male driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Toyota Avalon rates compared to other vehicles that have different risk factors.

• What are your deductibles? – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, helps pay for damage to your vehicle. Some examples of covered claims are a broken windshield, hitting a deer, and burglary. Your deductibles are the amount of money you are required to spend in the event of a claim. The more expense you’re willing to pay, the less your insurance will be.

• Toyota Avalon insurance loss probability – Auto insurance companies take into consideration historical loss data for every vehicle when they set coverage costs for each model. Models that are shown to have a higher amount or frequency of claims will cost more for specific coverages. The table below illustrates the loss history for Toyota Avalon vehicles.

  For each coverage category, the statistical loss for all vehicles, regardless of manufacturer or model, is a value of 100. Values that are under 100 indicate better than average losses, while percentages above 100 point to more losses or tendency to have higher losses.

  
  

  Insurance Loss Ratings for Toyota Avalon Vehicles

  Specific Toyota Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Toyota Avalon	113	72	112	106	98	74
  Toyota Avalon Hybrid	120	72	132	107	85	80

  BETTER

  AVERAGE

  WORSE

  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years