Do you want to save money by finding low-cost Toyota Sequoia insurance in Baltimore? Searching for low-cost Baltimore Toyota Sequoia insurance quotes might appear somewhat difficult for people who are beginners to quoting and comparing rates and buying car insurance online. With so many online companies available, how are we expected to possibly compare them all to find the lowest price?
It’s an obvious assumption that auto insurance companies don’t want their customers to go rate shopping. People who shop around at least once a year will, in all likelihood, switch car insurance companies because of the good chance of finding a lower-cost company. A recent survey revealed that consumers who make a habit of shopping around saved over $865 annually compared to people who never shopped around for cheaper prices.
If finding the cheapest price for car insurance in Baltimore is your ultimate goal, then having some insight into how to get rate quotes and compare insurance coverage can make the process less intimidating.
Companies offering Toyota Sequoia insurance in Maryland
The companies shown below have been selected to offer price comparisons in Maryland. To locate the cheapest auto insurance in MD, we recommend you compare several of them to get the best price comparison.
Insurance coverage details
The premium table displayed below covers estimates of prices for Toyota Sequoia models. Being more informed about how insurance rates are calculated can be useful when making informed decisions when shopping around for a new policy.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Sequoia SR/5 2WD | $450 | $632 | $532 | $32 | $160 | $1,806 | $151 |
Sequoia SR/5 4WD | $450 | $744 | $532 | $32 | $160 | $1,918 | $160 |
Sequoia Limited 2WD | $500 | $744 | $532 | $32 | $160 | $1,968 | $164 |
Sequoia Limited 4WD | $500 | $744 | $532 | $32 | $160 | $1,968 | $164 |
Sequoia Platinum 2WD | $500 | $856 | $532 | $32 | $160 | $2,080 | $173 |
Sequoia Platinum 4WD | $500 | $856 | $532 | $32 | $160 | $2,080 | $173 |
Get Your Own Custom Quote Go |
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Rate quotes do not factor in specific zip code location which can raise or lower prices considerably.
Deductible comparison
When buying auto insurance, a common question is at what level do you set your deductibles. The data tables below may help to conceptualize the rate fluctuation when you buy lower versus higher policy deductibles. The first data table uses a $250 deductible for comp and collision and the second price table uses a $1,000 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Sequoia SR/5 2WD | $354 | $528 | $406 | $24 | $122 | $1,459 | $122 |
Sequoia SR/5 4WD | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
Sequoia Limited 2WD | $394 | $624 | $406 | $24 | $122 | $1,595 | $133 |
Sequoia Limited 4WD | $394 | $624 | $406 | $24 | $122 | $1,595 | $133 |
Sequoia Platinum 2WD | $394 | $718 | $406 | $24 | $122 | $1,689 | $141 |
Sequoia Platinum 4WD | $394 | $718 | $406 | $24 | $122 | $1,689 | $141 |
Get Your Own Custom Quote Go |
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Sequoia SR/5 2WD | $218 | $332 | $406 | $24 | $122 | $1,102 | $92 |
Sequoia SR/5 4WD | $218 | $392 | $406 | $24 | $122 | $1,162 | $97 |
Sequoia Limited 2WD | $244 | $392 | $406 | $24 | $122 | $1,188 | $99 |
Sequoia Limited 4WD | $244 | $392 | $406 | $24 | $122 | $1,188 | $99 |
Sequoia Platinum 2WD | $244 | $452 | $406 | $24 | $122 | $1,248 | $104 |
Sequoia Platinum 4WD | $244 | $452 | $406 | $24 | $122 | $1,248 | $104 |
Get Your Own Custom Quote Go |
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Rates do not factor in specific location information which can decrease or increase coverage rates considerably.
Based on these figures, using a $250 deductible would cost the average driver about $34 more each month or $408 every year across all Toyota Sequoia models than selecting the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you have more than 22 months between claims, you would probably come out ahead by selecting a higher deductible.
Impact of violations and accidents on rates
The illustration below demonstrates how citations and fender-benders influence Toyota Sequoia insurance premiums for each different age category. The premiums are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are factored in.
You may qualify for discounts for Toyota Sequoia insurance in Baltimore
Companies don’t list their entire list of discounts in an easy-to-find place, so the next list breaks down some of the best known in addition to some of the lesser obvious credits available to you.
- Professional Organizations – Participating in a professional or civic organization could qualify you for a break on your next insurance statement.
- Buy New and Save – Buying a new car model may earn a small discount because new model year vehicles keep occupants safer.
- Government Employee Discount – Active or retired federal employment can earn a discount up to 10% with a few insurance companies.
- Driving Data Discount – Insureds that choose to allow their company to spy on driving patterns by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates if their driving habits are good.
- Pay Early and Save – By paying your entire bill at once as opposed to paying monthly you may have a lower total premium amount.
- Discounts for Seat Belt Usage – Requiring all passengers to buckle up could save 15% off the PIP or medical payment premium.
Consumers should know that most credits do not apply to your bottom line cost. Most cut specific coverage prices like liability and collision coverage. Despite the appearance that adding up those discounts means a free policy, insurance companies aren’t that generous. But any discount should help lower your insurance premiums.
The information below compares Toyota Sequoia car insurance costs with and without discounts being applied to the rates. The rates are based on a male driver, no claims or violations, Maryland state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, safe-driver, homeowner, and claim-free discounts applied.
The best insurance companies and a summarized list of policyholder discounts are detailed below.
- Progressive includes discounts for multi-policy, continuous coverage, good student, online signing, online quote discount, and homeowner.
- Farmers Insurance has discounts for distant student, switch companies, pay in full, teen driver, early shopping, alternative fuel, and mature driver.
- Farm Bureau offers discounts including good student, youthful driver, 55 and retired, driver training, safe driver, multi-policy, and multi-vehicle.
- State Farm offers premium reductions for driver’s education, anti-theft, multiple policy, defensive driving training, multiple autos, passive restraint, and student away at school.
- GEICO policyholders can earn discounts including defensive driver, anti-lock brakes, five-year accident-free, multi-vehicle, seat belt use, and good student.
- SAFECO has savings for anti-lock brakes, multi-car, anti-theft, bundle discounts, and homeowner.
- Liberty Mutual may have discounts that include exclusive group savings, new vehicle discount, newly married, newly retired, new graduate, preferred payment discount, and new move discount.
It’s a good idea to ask every insurance company to apply every possible discount. Some of the earlier mentioned discounts may not be offered in your area. If you would like to view companies offering insurance discounts in Baltimore, follow this link.
Compare rate quotes but buy from a local neighborhood Baltimore car insurance agent
Some people prefer to get professional advice from a licensed agent and that is not a bad decision An additional benefit of getting free rate quotes online is that you can find better rates and also buy local.
By using this form (opens in new window), your information is submitted to local insurance agents who will give you bids for your business. It’s much easier because you don’t need to visit any agencies as quotes are delivered straight to your inbox. It’s the lowest rates and an insurance agent to talk to. If you need to get a rate quote from a specific insurance provider, just jump over to their website and give them your coverage information.
Picking an insurance company is decision based upon more than just a low price. These are some questions your agent should answer.
- Is the agent CPCU or CIC certified?
- Do they have 24-hour customer assistance?
- Will you get a loaner vehicle if you car is being repaired?
- Are they properly licensed to sell insurance in Maryland?
- Do they get extra compensation for selling add-on coverages?
When researching a local insurance agency, it helps to know the two different agency structures and how they operate. Baltimore agents can be described as either exclusive or independent agents depending on their company appointments.
Exclusive Insurance Agents
These type of agents generally can only insure with one company and examples are Allstate, State Farm and Farmers Insurance. They generally cannot provide prices from multiple companies so you need to shop around if the rates are high. Exclusive agents are usually quite knowledgeable on sales techniques which can be an advantage. Drivers often use the same agent mostly because of the brand rather than low rates.
Shown below are Baltimore exclusive insurance agencies that are able to give rate quotes.
- State Farm: Scott Garvey
3818 Roland Ave – Baltimore, MD 21211 – (410) 889-5840 – View Map - Allstate Insurance: Shanda Hayden
7200 Eastern Ave a – Baltimore, MD 21224 – (410) 282-7863 – View Map - Allstate Insurance: Kent Schwab
401 Jefferson Ave – Towson, MD 21286 – (410) 433-4700 – View Map
Independent Insurance Agencies
These agents do not have single company limitations and that is an advantage because they can write policies through lots of different companies and find the cheapest insurance rates. To transfer your coverage to a different company, the business is moved internally which requires no work on your part. If you are trying to find cheaper rates, it’s a good idea to get insurance quotes from multiple independent agents to get the best comparison. Many independent agencies also insure through companies you’ve never heard of that may provide cheaper insurance rates.
Shown below are Baltimore independent agencies who can help you get price quote information.
- Goad Insurance Agency
3229 Erdman Ave – Baltimore, MD 21213 – (410) 558-0396 – View Map - Lambert Insurance Inc
1826 Woodlawn Dr # 6 – Baltimore, MD 21207 – (410) 265-7850 – View Map - Allied Insurance Agency
7840 Eastern Ave – Baltimore, MD 21224 – (410) 282-1111 – View Map
Car insurance is unique, just like you
When quoting and choosing your policy for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply.
For example, these questions might help in determining if your insurance needs may require specific advice.
- Is my Toyota Sequoia covered if I use it for business?
- Why am I required to buy high-risk coverage?
- I have a DUI can I still get coverage?
- What does UM/UIM cover?
- When would I need rental car insurance?
- When should I remove my kid from my policy?
- Do I need replacement cost coverage on my Toyota Sequoia?
If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.
Learn about auto insurance coverages for a Toyota Sequoia
Knowing the specifics of auto insurance can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are typical coverage types found on most auto insurance policies.
Comprehensive protection
This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as damage from flooding, damage from getting keyed, theft, rock chips in glass and fire damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Uninsured or underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Toyota Sequoia.
Since many Maryland drivers only carry the minimum required liability limits (30/60/15), their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.
Liability insurance
This protects you from injuries or damage you cause to people or other property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 30/60/15 which stand for a limit of $30,000 per injured person, a per accident bodily injury limit of $60,000, and $15,000 of coverage for damaged property.
Liability insurance covers things like emergency aid, repair costs for stationary objects, repair bills for other people’s vehicles and pain and suffering. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible. Maryland requires drivers to carry at least 30/60/15 but you should consider buying more coverage.
The next chart demonstrates why minimum state limits may not be enough.
Auto collision coverage
Collision coverage covers damage to your Sequoia caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like scraping a guard rail, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible on your Sequoia in order to get cheaper collision rates.
Medical expense coverage
Med pay and PIP coverage provide coverage for short-term medical expenses for funeral costs, nursing services, hospital visits and surgery. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Cheaper insurance is a realistic goal
Discount Toyota Sequoia insurance in Baltimore can be purchased both online in addition to local insurance agencies, and you need to price shop both to have the best chance of lowering rates. Some insurance providers may not have rates over the internet and these smaller providers only sell coverage through local independent agencies.
When you buy Baltimore car insurance online, don’t be tempted to sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. The ultimate goal is to purchase plenty of coverage at the lowest possible cost, but don’t skip important coverages to save money.
How to find cheaper rates for Toyota Sequoia insurance in Baltimore
The most effective way to get more affordable auto insurance rates in Baltimore is to compare prices once a year from companies who provide auto insurance in Maryland. Drivers can shop around by following these guidelines.
Step 1: Try to learn a little about how car insurance works and the things you can change to keep rates in check. Many policy risk factors that cause high rates like speeding and a poor credit rating can be controlled by making minor changes in your lifestyle.
Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like GEICO and Allstate, while agents who are independent can provide price quotes for many different companies.
Step 3: Compare the new rate quotes to your existing rates and see if there is a cheaper rate. If you find a lower rate quote and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Step 4: Tell your current agent or company of your intention to cancel your current car insurance policy. Submit any necessary down payment along with the completed application to the newly selected company. Be sure to place the new certificate verifying coverage with your registration paperwork.
The key thing to remember is to compare the same coverage limits and deductibles on every quote request and and to get price quotes from as many companies as feasibly possible. This helps ensure an accurate price comparison and a complete price analysis.
More resources
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Who Has Affordable Baltimore Car Insurance Rates for 17 Year Olds? (FAQ)
- What Auto Insurance is Cheapest for a Chevrolet Equinox in Baltimore? (FAQ)
- How Much are Baltimore Car Insurance Quotes for a Dodge Journey? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Retired Military in Baltimore? (FAQ)
- Who Has Cheap Car Insurance for Welfare Recipients in Baltimore? (FAQ)
- How Much is Auto Insurance for First-time Drivers in Baltimore? (FAQ)
- Who Has the Cheapest Baltimore Auto Insurance Quotes for a Nissan Altima? (FAQ)
- Who Has Affordable Auto Insurance for a School Permit in Baltimore? (FAQ)
- Older Driver Statistics (Insurance Information Institute)
- Comprehensive Coverage (Liberty Mutual)
- Distracted Driving Statistics (Insurance Information Institute)