Unbelievably, over 70% of consumers renewed their policy with the same company for a minimum of four years, and virtually 40% of consumers have never compared rate quotes at all. Fort Wayne drivers could save up to 55% each year just by comparing rates, but they just don’t want to find cheaper rates by getting comparison quotes.
If your goal is the lowest price, then the best way to get discount Toyota 4Runner insurance in Fort Wayne is to regularly compare prices from insurers who sell insurance in Indiana.
- Learn about how car insurance works and the things you can control to prevent rate increases. Many rating factors that cause high rates like traffic violations and a not-so-good credit score can be remedied by making small lifestyle or driving habit changes.
- Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can provide prices from many different companies. Compare rates now
- Compare the quotes to your current policy premium and determine if cheaper 4Runner coverage is available in Fort Wayne. If you find a better price and decide to switch, make sure coverage is continuous and does not lapse.
An important note is that you’ll want to compare identical limits and deductibles on each quote and and to look at every company you can. This helps ensure an accurate price comparison and a complete price analysis.
If you are insured now, you will be able to shop for the lowest rates using these techniques. The purpose of this post is to let you in on the best ways to compare prices and some tips to save money. Nevertheless, Indiana vehicle owners do need to learn how insurance companies sell online.
Discount Fort Wayne car insurance quotes
Insuring your vehicles can cost a lot, but you may find discounts that may help make it more affordable. Many discounts should be triggered at the time you complete a quote, but once in a while a discount must be manually applied in order for you to get them.
- Passive Restraints – Cars that have air bags or motorized seat belts can get savings of 20 to 30 percent.
- No Accidents – Drivers with accident-free driving histories pay much less when compared to insureds who have frequent claims or accidents.
- Good Driver Discount – Insureds without accidents can pay as much as 50% less as compared to drivers with claims.
- Auto/Home Discount – When you have multiple policies with the same insurance company they may give you a discount of as much as 10 to 15 percent.
- Anti-theft System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and will qualify for a discount on a Fort Wayne auto insurance quote.
You can save money using discounts, but most discounts do not apply to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like you could get a free car insurance policy, it doesn’t quite work that way.
The example below visualizes the comparison of Toyota 4Runner car insurance costs with and without some available policy discounts. The costs are based on a male driver, no claims, a clean driving record, Indiana state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, claim-free, homeowner, multi-policy, and multi-car discounts applied.
Large car insurance companies and a selection of discounts are detailed below.
- State Farm offers discounts for Steer Clear safe driver discount, driver’s education, anti-theft, multiple policy, and safe vehicle.
- GEICO discounts include defensive driver, multi-policy, membership and employees, driver training, air bags, and emergency military deployment.
- Allstate has savings for auto/life discount, good payer, EZ pay plan discount, farm vehicle, and new car.
- SAFECO policyholders can earn discounts including bundle discounts, safe driver, teen safe driver, homeowner, teen safety rewards, and accident prevention training.
- Farm Bureau offers premium reductions for multi-vehicle, renewal discount, youthful driver, multi-policy, safe driver, and driver training.
- Progressive may have discounts that include good student, online quote discount, homeowner, online signing, multi-policy, multi-vehicle, and continuous coverage.
- AAA includes discounts for anti-theft, multi-car, good driver, AAA membership discount, multi-policy, and pay-in-full.
Check with every company which discounts can lower your rates. Some of the discounts discussed earlier might not apply in Fort Wayne. If you would like to view providers that have a full spectrum of discounts in Fort Wayne, click this link.
When comparison shopping, there are several ways to compare rate quotes from many different Indiana insurance companies. By far the easiest way to compare Toyota 4Runner insurance prices involves getting comparison quotes online. It’s important to know that obtaining a wide range of quotes helps locate a better price. Not every company provides price estimates online, so it’s recommended that you also compare rates from them, too.
The companies shown below have been selected to offer free rate quotes in Fort Wayne, IN. To get the best cheap car insurance in Fort Wayne, IN, we recommend you visit two to three different companies in order to get a fair rate comparison.
Facts and figures for Toyota 4Runner insurance
The premium table displayed next highlights a range of rate quotes for Toyota 4Runner models. Learning a little about how insurance quotes are determined is important for drivers to make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 4Runner Sport 2WD | $146 | $214 | $310 | $18 | $92 | $780 | $65 |
| 4Runner SR/5 2WD | $146 | $260 | $310 | $18 | $92 | $826 | $69 |
| 4Runner Sport 4WD | $146 | $260 | $310 | $18 | $92 | $826 | $69 |
| 4Runner SR/5 4WD | $146 | $260 | $310 | $18 | $92 | $826 | $69 |
| 4Runner Trail Edition 4WD | $162 | $306 | $310 | $18 | $92 | $888 | $74 |
| 4Runner Limited 2WD | $162 | $306 | $310 | $18 | $92 | $888 | $74 |
| 4Runner Limited 4WD | $162 | $306 | $310 | $18 | $92 | $888 | $74 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rate information does not factor in vehicle garaging location which can revise premiums greatly.
Analysis of deductible levels
One frequently asked question is the level to set your comp and collision deductibles. The comparison tables below help summarize the differences in premium rates when you buy lower versus higher physical damage coverage deductibles. The first rate table uses a $250 deductible for comp and collision and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 4Runner Sport 2WD | $244 | $300 | $238 | $14 | $72 | $893 | $74 |
| 4Runner SR/5 2WD | $244 | $366 | $238 | $14 | $72 | $959 | $80 |
| 4Runner Sport 4WD | $244 | $366 | $238 | $14 | $72 | $959 | $80 |
| 4Runner SR/5 4WD | $244 | $366 | $238 | $14 | $72 | $959 | $80 |
| 4Runner Trail Edition 4WD | $272 | $430 | $238 | $14 | $72 | $1,051 | $88 |
| 4Runner Limited 2WD | $272 | $430 | $238 | $14 | $72 | $1,051 | $88 |
| 4Runner Limited 4WD | $272 | $430 | $238 | $14 | $72 | $1,051 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 4Runner Sport 2WD | $200 | $242 | $238 | $14 | $72 | $766 | $64 |
| 4Runner SR/5 2WD | $200 | $294 | $238 | $14 | $72 | $818 | $68 |
| 4Runner Sport 4WD | $200 | $294 | $238 | $14 | $72 | $818 | $68 |
| 4Runner SR/5 4WD | $200 | $294 | $238 | $14 | $72 | $818 | $68 |
| 4Runner Trail Edition 4WD | $222 | $348 | $238 | $14 | $72 | $894 | $75 |
| 4Runner Limited 2WD | $222 | $348 | $238 | $14 | $72 | $894 | $75 |
| 4Runner Limited 4WD | $222 | $348 | $238 | $14 | $72 | $894 | $75 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Information does not factor in the specific area where the vehicle is garaged which can influence premium rates substantially.
Based on the data above, we can derive that using a $250 deductible costs an average of $13 more each month or $156 for a full year across all Toyota 4Runner models than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you have at a minimum 19 months between claim filings, you would probably be better off if you elect the higher deductible. The table below shows an example of how you can make this decision for your own policy.
| Average monthly premium for $250 deductibles: | $83 |
| Average monthly premium for $500 deductibles (subtract): | – $70 |
| Monthly savings from raising deductible: | $13 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $13 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
One thing to be aware of is that higher deductibles results in having to pay to pay more out-of-pocket when you have a claim. That will require some extra savings in order to pay more to get your vehicle repaired.
Men versus women drivers and insurance cost
The example below compares Toyota 4Runner premium costs for male and female drivers. The rates are based on no violations or claims, comp and collision included, $1,000 deductibles, single status, and no other discounts are factored in.
Rate comparison of full coverage and liability-only
The example below shows the difference between Toyota 4Runner annual premium costs with and without full coverage. The premiums assume no claims, a clean driving record, $500 deductibles, drivers are single, and no discounts are applied to the premium.
Should you pay for full coverage?
There is no specific rule of when to stop paying for comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
For example, let’s say your Toyota 4Runner claim settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $3,000 after the deductible is paid. If premiums are more than $300 annually to have full coverage, then it’s probably a good time to buy liability coverage only.
There are a few situations where removing full coverage is not a good idea. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
It’s not one size fits all
When buying coverage, there really is not a “best” method to buy coverage. Your needs are unique to you.
These are some specific questions could help you determine whether your personal situation might need an agent’s assistance.
- Does every company file a SR-22 automatically?
- Will I be non-renewed for getting a DUI or other conviction?
- Do I have any recourse if my insurance company denies a claim?
- Am I covered if I back into my garage door?
- Do I need higher collision deductibles?
- Should I buy full coverage?
- Exactly who is provided coverage by my policy?
If you don’t know the answers to these questions then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form.
Comparing rates from local Fort Wayne insurance agencies
Some consumers would rather get professional advice from a licensed agent and that can be a great decision One of the great benefits of getting online price quotes is you may find cheap rate quotes but still work with a licensed agent.
To make it easy to find an agent, after completing this simple form, the quote information is transmitted to local insurance agents in Fort Wayne who will give competitive quotes to get your business. You won’t even need to drive around due to the fact that quote results will go to you directly. Get lower rates and work with a local agent. If you wish to get a price quote from a specific company, you just need to visit that company’s website and give them your coverage information.
Choosing the best insurer requires you to look at more than just a cheap quote. The questions below may impact your decision as well.
- Will high miles depreciate repair valuations?
- In the event of vehicle damage, can you pick the collision repair facility?
- Are there any discounts that you might be missing?
- Which members of your family are coverage by the policy?
- What is the agency’s Better Business Bureau rating?
- Is the agent CPCU or CIC certified?
- What company holds the largest book of business for them?
When narrowing the list to find a reliable agent, it can be helpful to understand the types of agencies to choose from. Car insurance policy providers can be classified as either exclusive or independent.
Exclusive Agents
Agents of this type work for only one company such as Farmers Insurance, State Farm, Allstate, and AAA. They are unable to give you multiple price quotes so they really need to provide good service. Exclusive agencies receive extensive training on their company’s products and that enables them to sell even at higher rates. Some people will only buy from the same agent for years partially due to the brand and the convenience of having all coverages with one company.
Shown below is a list of exclusive agencies in Fort Wayne that can give you price quote information.
- Allstate Insurance: Steven Westrick
8938 Lima Rd Suite R – Fort Wayne, IN 46818 – (260) 489-3977 – View Map - Allstate Insurance: Darren Vogt
5830 E State Blvd – Fort Wayne, IN 46815 – (260) 493-3507 – View Map - Allstate Insurance: Justin Harkelroad
8812 Coldwater Rd – Fort Wayne, IN 46825 – (260) 489-0156 – View Map
Independent Agents (or Brokers)
Agents of this type are appointed with more than one company so they can write business with any number of different companies and help determine which has the cheapest rates. If your agent finds better pricing, an independent agent can move your coverage and you won’t have to switch agencies.
When comparing rates, you absolutely need to include rate quotes from at a minimum one independent agency for the best price selection. Most independent agents also contract with companies you’ve never heard of which could offer lower prices.
The following are Fort Wayne independent agents who can help you get price quote information.
- Mathews Insurance Agency, Inc.
807 Lincoln Hwy W – New Haven, IN 46774 – (260) 749-9696 – View Map - PMG Agency
3711 Rupp Dr #103 – Fort Wayne, IN 46835 – (260) 436-9669 – View Map - Stewart Brimner Group
3702 Rupp Dr – Fort Wayne, IN 46815 – (260) 482-6900 – View Map
Auto insurance savings summarized
As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. In many instances, someone sacrificed liability coverage limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.
Cheap Toyota 4Runner insurance in Fort Wayne can be purchased both online as well as from insurance agents, so you need to quote Fort Wayne auto insurance with both to get a complete price analysis. There are still a few companies who may not provide online price quotes and most of the time these smaller providers provide coverage only through independent agents.
Drivers who switch companies do it for many reasons like delays in responding to claim requests, not issuing a premium refund, extreme rates for teen drivers or even high rates after DUI convictions. No matter why you want to switch, finding the right auto insurance provider is not as hard as you think.
Even more information can be read by following these links:
- Auto Crash Statistics (Insurance Information Institute)
- Who Has Affordable Auto Insurance Quotes for Good Drivers in Fort Wayne? (FAQ)
- How Much is Car Insurance with Multiple Speeding Tickets in Fort Wayne? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Teenage Males in Fort Wayne? (FAQ)
- What Car Insurance is Cheapest for Handicapped Drivers in Fort Wayne? (FAQ)
- Who Has the Cheapest Fort Wayne Auto Insurance for a Dodge Ram? (FAQ)
- Who Has the Cheapest Fort Wayne Auto Insurance for Drivers Over Age 70? (FAQ)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Teen Driving and Texting (State Farm)
- What is Full Coverage? (Allstate)
- Event Data Recorders FAQ (iihs.org)