Finding cheaper auto insurance for a Toyota Tundra in Florida is fairly easy, but it relies on a pretty complex algorithm that uses a lot of factors such as how far you drive to work, the size of your vehicle, and physical damage deductibles. Florida drivers will pay on average $1,266 per year to insure their Tundra, but that is an approximation based upon a 30-year-old married male driver with both comprehensive and collision coverage and $500 deductibles.
When making auto insurance estimates, the issue arises that you aren’t exactly 30 years old or even a male, single instead of married, or maybe you have a teenager that needs to be on your policy. Everone’s needs are different, and this illustrates why the only way to find affordable rates for your Toyota is to just compare rates yourself.
The specific trim level tends to impact the yearly cost, so the price you will pay to insure a Tundra Regular Cab 2WD trim level will cost $258 less than the price to insure the fancier Tundra SR/5 Crew Max 4WD trim level, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tundra Regular Cab 2WD||$228||$360||$472||$28||$142||$1,230||$103|
|Tundra SR/5 Double Cab 2WD||$262||$438||$472||$28||$142||$1,342||$112|
|Tundra SR/5 Crew Max 2WD||$262||$438||$472||$28||$142||$1,342||$112|
|Tundra Regular Cab 4WD||$296||$438||$472||$28||$142||$1,376||$115|
|Tundra Double Cab 4WD||$296||$438||$472||$28||$142||$1,376||$115|
|Tundra SR/5 Double Cab 4WD||$296||$438||$472||$28||$142||$1,376||$115|
|Tundra Limited Double Cab 2WD||$296||$516||$472||$28||$142||$1,454||$121|
|Tundra Limited Crew MAX 2WD||$296||$516||$472||$28||$142||$1,454||$121|
|Tundra Limited Crew MAX 4WD||$330||$516||$472||$28||$142||$1,488||$124|
|Tundra SR/5 Crew Max 4WD||$330||$516||$472||$28||$142||$1,488||$124|
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Rate information does not factor in the specific area where the vehicle is garaged which can alter coverage prices noticeably.
Insuring your vehicle with the top insurance provider can be difficult considering how many companies are available to choose from in Orlando. The ranking information shown below could help you analyze which insurers to look at comparing rate quotes with. The rankings below are for the largest companies in the United States, so companies that may only write in Florida are not taken into consideration for this list.
Top 10 Large Auto Insurance Companies in Orlando Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Top 10 Large Auto Insurance Companies in Orlando Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Types of discounts on Orlando car insurance
Insurance companies that offer cheap quotes for a Toyota Tundra could also offer policy discounts that can lower rates by 25% or more if you meet specific criteria. A few popular companies and some of their more popular discounts are outlined below.
- The Hartford has discounts for vehicle fuel type, anti-theft, good student, air bag, defensive driver, and bundle.
- American Family policyholders can earn discounts including air bags, accident-free, multi-vehicle, defensive driver, and good driver.
- Progressive has savings for online quote discount, good student, multi-vehicle, continuous coverage, and homeowner.
- Travelers offers premium reductions for IntelliDrive, early quote, home ownership, hybrid/electric vehicle, continuous insurance, payment discounts, and multi-policy.
- Farmers Insurance discounts include youthful driver, mature driver, pay in full, electronic funds transfer, alternative fuel, homeowner, and switch companies.
- USAA may have discounts that include good student, safe driver, defensive driver, vehicle storage, new vehicle, multi-policy, and family discount.
- Liberty Mutual may include discounts for new vehicle discount, new graduate, preferred payment discount, good student, safety features, new move discount, and hybrid vehicle.
The diagram below compares insurance prices with and without discounts applied to the policy premium. The premiums assume a male driver, no claims or driving citations, Florida state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with homeowner, multiple vehicle, vehicle safety, marriage, defensive driving course, and passive restraint discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on insurance for a Toyota Tundra is 28% or $752.
The chart below demonstrates how choosing different deductibles can raise or lower insurance prices when trying to find cheap insurance for a Toyota Tundra. The data assumes a single male driver, full coverage, and no policy discounts are applied.
A 50-year-old driver could pocket $476 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $720 by changing to a $1,000 deductible. Youthful drivers, like the age 20 example, could shave $1,582 or more by choosing a larger deductible amount.
If you make the decision to raise deductibles, it’s a good idea to have additional funds squirreled away to be able to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
A good deal can quickly turn bad
Orlando, FL insurance rates are impacted by many factors that can increase the policy premium. Simply getting older, moving to a different location, or getting a driving violation may generate price changes that can make some companies cheaper than before. In addition, insurers amend premium rates every year as an adjustment for underwriting gains or losses. Higher than usual claims can cause additional price hikes, while profitable underwriting can cause more affordable Tundra insurance rates.
The chart below shows a variety of companies that have the cheapest car insurance in Orlando, FL for a 30-year-old female driver with a good driving record, no prior claims, and a high credit rating. When comparing rates based on her current risk profile, USAA might offer the most affordable car insurance rates in Orlando at $1,168 a year. This is $1,280 less than the average premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are the remainder of the top five cheapest Orlando, FL auto insurance companies.
Let’s now give the driver from above a chargeable claim, a lower credit rating, and a stop sign violation. Because every insurance company uses a different method to determine rates, comparing quotes most likely will result in a new list of the cheapest car insurance companies in Orlando as shown below.
USAA now has the lowest car insurance rate in Orlando with Allied, Esurance, State Farm, and GEICO now being in the top five. This illustrates why consumers need to take the time to shop around with many companies to get affordable auto insurance quotes for a Toyota Tundra. Prices can be determined by many different factors and change dramatically, so the best company the last time you shopped your coverage around may now be wasting a lot of money.
How to find cheaper auto insurance for a Toyota Tundra
It’s not impossible to find cheaper rates, and here are many penny-pinching solutions that can help drivers find more affordable car insurance.
- Earn a discount by not filing claims
- Increase physical damage deductibles
- Tickets and violations raise rates
- Avoid accidents and claims
- Full coverage is expensive so only insure older vehicles for liability only
- Compare prices as often as possible
The last suggestion is remarkably critical, as we emphasized in this piece. Prices charged by companies can change significantly in a year, so don’t hesitate to buy from a different company if a more affordable price is available. Loyalty to a specific company is fine, but it’s not a great idea if that loyalty ends up costing several hundred dollars every year. Now is a great time to compare rates and find cheaper insurance for a Toyota Tundra in Orlando.