While safety features will fetch nice discounts and lower premiums for Toyota Tundra owners, there are other issues that will affect auto insurance rates as well. Age, occupation, driving record, geographic location, number of vehicles on the policy, and even credit history can all have an impact on your premium. The impact can be a positive or negative one. For example, a poor credit history can cause your rates to go up, while an excellent driving record can cause your rates to go down.
Currently, the average auto insurance premium for new Tundra10 CrewMax owners is $1,276 per year. As the vehicle depreciates, the auto insurance premium will decline, slightly. For the second year of ownership the average auto insurance premium is around $1,260 per year; the third, $1,244; the fourth year, $1,229; and the fifth year averages $1,214. The total five year cost of auto insurance for the Toyota Tundra will average $6,222. It is important to keep in mind that these figures are drivers with zero accidents and zero traffic violations during the five year period.
Toyota has its very own motor insurance program that offers lower rates than traditional auto insurance companies. Under the program, Toyota owners (regardless of make, model, or year of the vehicle), offers comprehensive coverage, a three-year guarantee on all repair work, and appointments within 24 hours of estimate. Unfortunately, Toyota motor insurance is only available in the UK. In the U.S. you will have to shop around for an auto insurance provider for your Tundra. Fortunately, locating a suitable insurance provider is easy.
To make your search for car insurance quotes easier, visit the National Association of Insurance Commissioners (NAIC) website at www.naic.org to locate a licensed insurance agent. In some cases, online search results might not include the best auto insurance companies for your particular situation. A licensed auto insurance agent can assess your situation and make recommendations that are the best fit for you. Licensed agents also have access to thousands of auto insurance providers. You may also contact the NAIC directly at 816-783-8500.
In order to qualify for discounts, you should have all of your paperwork available for the agent. This means an official document that lists standard and added safety features and an official statement of use. If you have completed a safe driver course, have your certificate of completion in hand as well.
Michelle Burton is a published author and contributing editor for Auto Insurance Tips, Trouvé Media, Internet Brands, and Publications International, Ltd.