Want to learn how to save money and find the cheapest Toyota Sequoia insurance in Kansas City? No one loves paying for auto insurance, especially when their premiums are too high.
It’s an obvious statement that car insurance companies don’t want you to look for a cheaper policy. People who get price comparisons will probably buy a different policy because they have good chances of finding a lower rate. A recent survey discovered that people who shopped around annually saved as much as $70 a month compared to other drivers who never shopped around for better prices.
If saving the most money on insurance is your ultimate objective, then having some insight into how to get rate quotes and compare car insurance can save time, money, and frustration.
You have multiple insurance companies to insure vehicles with, and although it’s a good thing to have a choice, more options can take longer to get the best deal for Toyota Sequoia insurance in Kansas City.
Consumers need to get comparison quotes on a regular basis due to the fact that insurance prices trend upward over time. Despite the fact that you may have had the best price on Toyota Sequoia insurance in Kansas City two years ago you can probably find a lower rate today. Block out anything you think you know about auto insurance because you’re going to get a crash course in one of the quickest ways to lower your annual insurance bill.
Four Things That Affect Your Insurance Rates
When buying insurance it’s important to understand some of the things that come into play when calculating the rates you pay for insurance. If you know what positively or negatively impacts your premiums, this allows you to make educated decisions that will entitle you to lower rates. Many things are part of the calculation when pricing auto insurance. A few of the factors are predictable like your driving record, but other criteria are less apparent like your vehicle usage and annual miles driven.
Shown below are some of the things insurance companies consider when setting your premiums.
- Frequent insurance claims increase rates – If you file a lot of claims you can expect much higher rates or policy non-renewal. Companies in Missouri provide discounts to policyholders who do not file claims often. Your car insurance is designed for claims that you cannot pay yourself.
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Do women or men drive better? – Statistics show females are less aggressive when driving. This data doesn’t prove that men are worse drivers. Males and females are responsible for auto accidents in similar percentages, but the men tend to have more serious accidents. In addition to higher claims, males also get ticketed for serious violations like DWI (DUI) or reckless driving.
The diagram below shows the comparison of Toyota Sequoia car insurance costs for male and female drivers. The rate quotes are based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, marital status is single, and no discounts are applied.
- Liability insurance is important – The liability coverage on your policy will afford coverage when you are determined to be liable for causing damage or personal injury in an accident. It will provide legal defense starting from day one. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should carry high limits.
- Prevent coverage lapses – Allowing your coverage to lapse is a guaranteed way to pay more for insurance. And not only will insurance be more expensive, being ticketed for driving with no insurance can result in a hefty fine and possibly a revoked license.
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Insurance loss statistics a Toyota Sequoia – Car insurance companies analyze claim trends for every vehicle to help determine prices. Models that historically have a higher amount or frequency of claims will cost more for specific coverages.
The next table shows the actual insurance loss data for Toyota Sequoia vehicles. For each policy coverage, the loss probability for all vehicles combined as an average is set at 100. Values under 100 indicate a favorable loss history, while values over 100 indicate more frequent claims or an increased chance of a larger loss.
Toyota Sequoia Insurance Loss Statistics Specific Toyota Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Toyota Sequoia 4dr 2WD 70 103 80 57 Toyota Sequoia 4dr 4WD 82 115 96 57 50 77 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
When comparison shopping, obtaining a wide range of quotes will enable you to find the best rates.
The following companies offer quotes in Kansas City, MO. To buy cheap auto insurance in Kansas City, we recommend you visit two to three different companies in order to get a fair rate comparison.
Rates and detailed analysis
The table shown next outlines detailed analysis of insurance prices for Toyota Sequoia models. Having a better idea how insurance quotes are calculated can aid in making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sequoia SR/5 2WD | $164 | $218 | $348 | $20 | $104 | $854 | $71 |
| Sequoia SR/5 4WD | $164 | $258 | $348 | $20 | $104 | $894 | $75 |
| Sequoia Limited 2WD | $182 | $258 | $348 | $20 | $104 | $912 | $76 |
| Sequoia Limited 4WD | $182 | $258 | $348 | $20 | $104 | $912 | $76 |
| Sequoia Platinum 2WD | $182 | $296 | $348 | $20 | $104 | $950 | $79 |
| Sequoia Platinum 4WD | $182 | $296 | $348 | $20 | $104 | $950 | $79 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Rates do not factor in specific zip code location which can decrease or increase coverage rates considerably.
Analysis of deductible levels
When shopping for auto insurance, a common question is how low should you set your deductibles. The premium rates below highlight the price difference when you choose different physical damage coverage deductibles. The first rate estimation uses a $100 physical damage deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sequoia SR/5 2WD | $258 | $414 | $266 | $16 | $80 | $1,059 | $88 |
| Sequoia SR/5 4WD | $258 | $488 | $266 | $16 | $80 | $1,133 | $94 |
| Sequoia Limited 2WD | $288 | $488 | $266 | $16 | $80 | $1,163 | $97 |
| Sequoia Limited 4WD | $288 | $488 | $266 | $16 | $80 | $1,163 | $97 |
| Sequoia Platinum 2WD | $288 | $562 | $266 | $16 | $80 | $1,237 | $103 |
| Sequoia Platinum 4WD | $288 | $562 | $266 | $16 | $80 | $1,237 | $103 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sequoia SR/5 2WD | $188 | $280 | $266 | $16 | $80 | $830 | $69 |
| Sequoia SR/5 4WD | $188 | $330 | $266 | $16 | $80 | $880 | $73 |
| Sequoia Limited 2WD | $210 | $330 | $266 | $16 | $80 | $902 | $75 |
| Sequoia Limited 4WD | $210 | $330 | $266 | $16 | $80 | $902 | $75 |
| Sequoia Platinum 2WD | $210 | $380 | $266 | $16 | $80 | $952 | $79 |
| Sequoia Platinum 4WD | $210 | $380 | $266 | $16 | $80 | $952 | $79 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Information does not factor in specific garaging location which can change prices noticeably.
Based on this data, using a $100 deductible would cost the average driver about $22 more each month or $264 annually than buying the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you normally average more than 18 months between claim filings, you would probably be better off by selecting a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $100 deductibles: | $97 |
| Average monthly premium for $500 deductibles (subtract): | – $75 |
| Monthly savings from raising deductible: | $22 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $22 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
One big caveat is that higher deductibles means you will have to pay more out-of-pocket when you have to file a claim. You need to have some extra funds in the event you need to pay the higher deductible.
Reckless driving habits raise Kansas City auto insurance rates
The example below illustrates how violations and at-fault fender-benders can impact Toyota Sequoia car insurance costs for different age groups of insureds. The premiums are based on a married male driver, full coverage, $100 deductibles, and no discounts are applied.
Does full coverage make sense?
The diagram below compares Toyota Sequoia insurance prices when comparing full coverage to state minimum liability only. The data is based on a clean driving record, no at-fault accidents, $100 deductibles, single marital status, and no discounts are applied to the premium.
Should you pay for full coverage or liability only?
There is no definitive guideline of when to phase out full coverage, but there is a broad guideline. If the annual cost of coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
For example, let’s assume your Toyota Sequoia replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after you pay the deductible. If you are paying in excess of $200 annually for your policy with full coverage, then you might want to think about dropping full coverage.
There are a few situations where eliminating full coverage is not advised. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not opt for liability only.
Car insurance is not optional in Missouri
Despite the high cost of buying insurance for a Toyota Sequoia in Kansas City, paying for car insurance is mandatory in Missouri but it also protects more than you think.
- Just about all states have mandatory liability insurance requirements which means state laws require specific limits of liability in order to be legal. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Sequoia, most banks will require that you have physical damage coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Toyota for a much higher rate and make you pay a much higher amount than you were paying before.
- Car insurance protects not only your Toyota but also your assets. It will also provide coverage for most medical and hospital costs for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay to defend you in the event you are sued. If mother nature or an accident damages your car, comprehensive and/or collision insurance will cover the repair costs.
The benefits of having car insurance definitely exceed the price paid, especially with large liability claims. According to a recent study, the average American driver is overpaying more than $830 a year so it’s recommended you shop around once a year at a minimum to be sure current rates are still competitive.
Get cheaper Toyota Sequoia insurance rates in Kansas City
Some companies don’t necessarily list every possible discount in an easy-to-find place, so the list below details a few of the more common as well as the least known discounts you could be receiving when you buy Kansas City car insurance online.
- No Claims – Good drivers with no accidents pay less in comparison to drivers who are more careless.
- Pay Now and Pay Less – By paying your entire bill at once as opposed to paying monthly you could save 5% or more.
- Seat Belt Usage – Using a seat belt and requiring all passengers to fasten their seat belts may be able to save a few bucks on medical payment and PIP coverage.
- Military Rewards – Being deployed in the military may lower your rates slightly.
- Data Collection Discounts – Kansas City drivers who agree to allow driving data submission to look at vehicle usage by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as they are good drivers.
- Accident Waiver – This one is not really a discount per se, but a few companies such as Allstate and GEICO allow you one accident without getting socked with a rate hike so long as you haven’t had any claims prior to being involved in the accident.
- Student Discounts – Getting good grades may save as much as 25% on a Kansas City car insurance quote. Most companies allow this discount up until you turn 25.
- Student Driver Training – Have your child enroll and complete driver’s education as it can save substantially.
Keep in mind that most discounts do not apply to all coverage premiums. Most cut the price of certain insurance coverages like liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, nobody gets a free ride.
The illustration below shows the difference between Toyota Sequoia insurance prices with and without discounts applied to the policy rates. Data assumes a male driver, a clean driving record, no claims, Missouri state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-car, claim-free, and multi-policy discounts applied.
To view insurers who offer discounts in Kansas City, follow this link.
Exclusive or independent auto insurance agents
A small number of people would rather sit down and talk to an agent and that can be a smart move An additional benefit of price shopping on the web is that drivers can save money and get cheap insurance rates and still have an agent to talk to. Buying from and supporting neighborhood insurance agencies is still important in Kansas City.
To help locate an agent, after submitting this quick form, your coverage information is transmitted to insurance agents in Kansas City who will give you quotes to get your business. There is no reason to contact any insurance agencies since price quotes are sent straight to your inbox. You can get cheaper insurance rates without a big time investment. In the event you want to quote rates from one company in particular, feel free to jump over to their website and fill out their quote form.
When looking for a reliable insurance agent, it helps to know the two types of insurance agents and how they work. Agencies in Kansas City are classified as either independent agents or exclusive agents.
Independent Agents
Agents that choose to be independent do not work for one specific company and that allows them to write policies with any number of different companies depending on which coverage is best. If you are not satisfied with one company, your agent can switch companies and you don’t have to switch agencies. When shopping rates, we recommend you check rates from at a minimum one independent agency to ensure the widest selection of prices.
Featured below is a short list of independent insurance agencies in Kansas City that can give you comparison quotes.
Banuelos Insurance Agency LLC
902 Southwest Blvd – Kansas City, MO 64108 – (816) 994-3600 – View Map
McLaughlin Insurance Agency
406 W 34th St #802 – Kansas City, MO 64111 – (816) 931-3341 – View Map
Nestel Insurance Agency
9233 Ward Pkwy #124 – Kansas City, MO 64114 – (816) 361-6442 – View Map
Exclusive Insurance Agencies
Agents in the exclusive channel can only write with one company and examples are American Family, State Farm, and Allstate. They generally cannot provide prices from multiple companies so always compare other rates. Exclusive agents are well trained on their company’s products and that enables them to sell even at higher rates.
Listed below are Kansas City exclusive insurance agents that are able to give comparison quotes.
Chris Hoy – State Farm Insurance Agent
8640 Green Hills Road #40 – Kansas City, MO 64154 – (816) 436-8400 – View Map
Allstate Insurance: Steve Marshall
7000 NW Prairie View Rd Ste 100 – Kansas City, MO 64151 – (816) 587-5200 – View Map
State Farm: Steve Conway
1404 NW Vivion Rd – Kansas City, MO 64118 – (816) 452-6700 – View Map
Finding the right insurance agency needs to be determined by more than just a cheap quote. Before buying a policy in Kansas City, get answers to these questions.
- Does the agency have a current Errors and Omissions policy?
- Is the agency active in community causes in Kansas City?
- Are all drivers listed on the coverage quote?
- Are they paid to recommend certain coverages?
- Are they in the agency full-time?
- Do the agents have professional certifications like CPCU or CIC?
- How much training do they have in personal risk management?
- Are they able to influence company decisions when a claim is filed?
Once you have received reasonable responses and an affordable coverage quote, you may have just found an insurance agent that meets the criteria to properly insure your vehicles.
Be persistent and save
Some insurance providers may not provide online quoting and these regional insurance providers only sell through independent agents. Cheaper auto insurance in Kansas City is available from both online companies as well as from insurance agents, so compare prices from both in order to have the best price selection to choose from.
As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. In too many instances, someone dropped physical damage coverage and discovered at claim time they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.
Steps to quoting cheaper Toyota Sequoia insurance in Kansas City
To save the most money, the best way to save money on Toyota Sequoia insurance is to start doing an annual price comparison from companies who provide car insurance in Kansas City. Price quotes can be compared by following these guidelines.
- Try to comprehend how insurance companies determine prices and the things you can control to prevent expensive coverage. Many rating factors that cause high rates like inattentive driving and poor credit rating can be remedied by making minor changes to your lifestyle.
- Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like GEICO and Allstate, while independent agents can provide prices for many different companies. View a list of agents
- Compare the price quotes to your current policy to determine if switching companies saves money. If you find a better price, make sure there is no lapse in coverage.
- Provide notification to your current agent or company of your intent to cancel your current auto insurance policy. Submit a completed policy application and payment for the new coverage. As soon as coverage is bound, keep the new certificate verifying proof of insurance somewhere easily accessible.
The key aspect of shopping around is to use similar limits and deductibles on every quote and and to get quotes from as many auto insurance providers as possible. This helps ensure an accurate price comparison and a complete price analysis.
For more information, feel free to browse the articles below:
- Your Car has been Stolen: Now What? (Allstate)
- How Much are Kansas City Auto Insurance Quotes for a Kia Forte? (FAQ)
- Who Has Cheap Kansas City Auto Insurance for Welfare Recipients? (FAQ)
- Vehicle Safety Ratings (iihs.org)
- Safety Features for Your New Car (State Farm)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)