Compare Toyota Sienna Insurance Rates in Baltimore

Insurance for Toyota SiennaThe recommended way to find the cheapest price for auto insurance rates in Baltimore is to compare prices annually from insurance carriers who sell auto insurance in Maryland. Prices can be compared by following these guidelines.

Step 1: Get an understanding of how insurance companies determine prices and the modifications you can make to prevent high rates. Many risk factors that drive up the price like traffic violations and a substandard credit history can be rectified by improving your driving habits or financial responsibility.

Step 2: Obtain price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while agents who are independent can give you price quotes for many different companies. View companies

Step 3: Compare the new rates to your existing policy to see if cheaper Sienna coverage is available in Baltimore. If you find a lower rate and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.

An important bit of advice to remember is to use the same physical damage deductibles and liability limits on every quote request and and to get quotes from all possible companies. This helps ensure a level playing field and the most accurate and complete price analysis.

It’s safe to assume that auto insurance companies don’t want their policyholders to compare prices. Consumers who get price comparisons will probably buy a new policy because there are good odds of finding a more affordable policy. A study discovered that drivers who compared price quotes annually saved over $865 annually compared to policyholders who never shopped around for cheaper prices.

If finding the most affordable Toyota Sienna insurance is your objective, understanding the best ways to find and compare coverage rates can make the process less intimidating.

Finding and comparing more affordable auto insurance in Baltimore is simple if you know the tricks. Basically, everyone who compares rate quotes for auto insurance should find a lower-cost policy. Although Maryland consumers do need to understand how the larger insurance companies determine premium rates because it can help you find the best coverage.

Just keep in mind that quoting more helps locate a better price. Some insurance companies are not set up to provide online price quotes, so it’s important to also get price quotes from them, too.

The providers in the list below provide free quotes in Baltimore, MD. In order to find the best car insurance in Baltimore, we recommend you click on several of them to get a more complete price comparison.

Toyota Sienna detailed coverage information

The coverage information displayed below showcases different coverage prices for Toyota Sienna models. Having a good understanding how insurance prices are determined is important for you to make smart choices when purchasing an auto insurance policy.

Toyota Sienna Insurance Rates in Baltimore, MD
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sienna CE $338 $776 $548 $32 $164 $1,858 $155
Sienna LE $388 $776 $548 $32 $164 $1,908 $159
Sienna LE AWD $388 $776 $548 $32 $164 $1,908 $159
Sienna XLE $388 $776 $548 $32 $164 $1,908 $159
Sienna XLE AWD $388 $914 $548 $32 $164 $2,046 $171
Sienna Limited $438 $914 $548 $32 $164 $2,096 $175
Sienna Limited AWD $438 $914 $548 $32 $164 $2,096 $175
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Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Price information does not factor in Baltimore location which can impact price quotes considerably.

Higher deductibles lower rates

When comparing auto insurance rates, the most common question is how high should the physical damage coverage deductibles be. The comparison tables below determine the cost difference when you choose different policy deductibles. The first table uses a $250 deductible and the second price chart uses a $500 deductible.

Toyota Sienna insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sienna CE $274 $528 $406 $24 $122 $1,379 $115
Sienna LE $314 $528 $406 $24 $122 $1,419 $118
Sienna LE AWD $314 $528 $406 $24 $122 $1,419 $118
Sienna XLE $314 $528 $406 $24 $122 $1,419 $118
Sienna XLE AWD $314 $624 $406 $24 $122 $1,515 $126
Sienna Limited $354 $624 $406 $24 $122 $1,555 $130
Sienna Limited AWD $354 $624 $406 $24 $122 $1,555 $130
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Toyota Sienna insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sienna CE $222 $426 $406 $24 $122 $1,200 $100
Sienna LE $256 $426 $406 $24 $122 $1,234 $103
Sienna LE AWD $256 $426 $406 $24 $122 $1,234 $103
Sienna XLE $256 $426 $406 $24 $122 $1,234 $103
Sienna XLE AWD $256 $502 $406 $24 $122 $1,310 $109
Sienna Limited $288 $502 $406 $24 $122 $1,342 $112
Sienna Limited AWD $288 $502 $406 $24 $122 $1,342 $112
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can change rates significantly.

We can estimate from the data above that using a $250 deductible will cost you roughly $16 more each month or $192 every year across all Toyota Sienna models than quoting the higher $500 deductible. Since you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you usually have at least 16 months between claim filings, you would probably save some money if you choose the higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $250 deductibles: $122
Average monthly premium for $500 deductibles (subtract): – $106
Monthly savings from raising deductible: $16
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $16
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

One important note is that raising deductibles to get cheaper rates means you pay more out-of-pocket when you do file a claim. That will require enough money put aside in order to pay the deductible for vehicle repair.

How accidents and tickets impact rates

The example below demonstrates how citations and at-fault accidents can affect Toyota Sienna annual premium costs for different age groups. The data is based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.

Toyota Sienna insurance premiums by gender

The diagram below shows the comparison of Toyota Sienna yearly insurance costs for male and female drivers. The costs are based on no violations or accidents, comprehensive and collision coverage, $250 deductibles, single status, and no discounts are applied to the premium.

Full coverage versus liability only rates

The chart below visualizes the comparison of Toyota Sienna car insurance rates when comparing full coverage to liability only. The premiums are based on no accidents or driving violations, $250 deductibles, drivers are single, and no discounts are applied.

When to drop full coverage

There is no definitive formula for phasing out comp and collision coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.

For example, let’s say your Toyota Sienna book value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $7,000 after paying the physical damage deductible. If premiums are more than $700 a year for your policy with full coverage, then it might be time to consider dropping full coverage.

There are some cases where dropping full coverage is not a good plan. If you still have a lienholder on your title, you have to carry full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage.

Three reasons to insure your vehicle

Even though it’s not necessarily cheap to insure a Toyota in Baltimore, insurance is mandatory in Maryland but it also protects more than you think.

The benefits of carrying adequate insurance outweigh the cost, particularly when you have a large claim. Despite what companies tell you, the average driver overpays more than $865 each year so you should quote rates once a year at a minimum to help ensure money is not being wasted.

Learn How to Lower Your Insurance Rates

When buying auto insurance it’s important to understand a few of the rating criteria that play a part in calculating your policy premiums. If you understand what positively or negatively impacts your premiums, this enables informed choices that can earn you lower premium levels.

The items below are some of the factors used by your company to calculate your rate level.

Save money by having excellent credit – A driver’s credit score can be a huge factor in determining what you pay for auto insurance. Insureds with good credit tend to be more responsible as compared to drivers with lower ratings. So if your credit score can use some improvement, you could save money insuring your Toyota Sienna by improving your credit score.

Lower coverage deductibles cost more – Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers your vehicle from damage. Examples of covered claims could be a dented fender, hitting a deer, and windstorm damage. Comprehensive and collision coverage deductibles define how much you are required to pay before a claim is paid by your company. The higher the amount you have to pay, the less money you will pay for auto insurance.

Long commutes cost more – The more you drive each year the higher the price you pay to insure it. The majority of insurers charge to insure your cars based upon how the vehicle is primarily used. Autos that are left in the garage can be on a lower rate level as compared to vehicles used primarily for driving to work. Incorrect rating for your Sienna can result in significantly higher rates. Verify your auto insurance policy correctly shows the correct usage, because it can save money.

Prevent auto insurance lapses – Letting your insurance expire is a fast way to trigger a rate increase. Not only will rates go up, getting caught without coverage can result in a license revocation or jail time. You may then have to file a SR-22 with the Maryland motor vehicle department.

Insurance losses for a Toyota Sienna – Insurance companies use claims history in order to profitably underwrite each model. Vehicles that the data shows to have higher loss trends will have a higher premium rate.

The table below outlines the insurance loss data used by companies for Toyota Sienna vehicles. For each policy coverage, the claim amount for all vehicles, without regard to make or model, is represented as 100. Numbers below 100 suggest a better than average loss history, while numbers shown that are more than 100 point to more losses or tendency to have higher losses.

Car Insurance Loss Data for Toyota Sienna Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Sienna 2WD 99 88 99 94 98 85
Toyota Sienna 4WD 106 94 102 75 65 73

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Get discounts to get affordable Baltimore car insurance rates

Not too many consumers would say car insurance is affordable, but there could be available discounts to help offset the cost. Many of these discounts will be applied automatically at the time of quoting, but some need to be manually applied before they will apply. If you check and find you aren’t receiving every discount possible, you’re paying more than you need to.Car insurance discounts

It’s important to note that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as liability and collision coverage. Even though it may seem like you can get free auto insurance, nobody gets a free ride.

The diagram below shows the comparison of Toyota Sienna insurance rates with and without discounts applied to the policy premium. The data assumes a female driver, no claims or violations, Maryland 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 marriage, multi-policy, safe-driver, homeowner, claim-free, and multi-car discounts applied.

Companies and some of their more popular discounts are:

Before purchasing a policy, check with each company or agent which discounts can lower your rates. Some credits might not be available to policyholders in your state. For a list of companies who offer discounts in Baltimore, click here to view.

When in doubt talk to an agent

When it comes to choosing adequate coverage, there is no perfect coverage plan. Your needs are unique to you and your auto insurance should unique, too.Safe vehicles cost less to insure
For instance, these questions may help highlight whether you could use an agent’s help.

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Local Baltimore auto insurance agents

Certain consumers still like to sit down with an agent and often times that is recommended A nice benefit of comparing auto insurance online is you can get better rates and still buy from a local agent. Buying from and supporting neighborhood agents is important particularly in Baltimore.

By using this quick form, the quote information is instantly submitted to local insurance agents who will give competitive quotes for your business. You don’t have to visit any agencies due to the fact that quote results will go directly to your email. Get lower rates without the usual hassles of price shopping. If for some reason you want to get a price quote from a particular provider, don’t hesitate to search and find their rate quote page and fill out their quote form.

When finding a reputable agency, it helps to know the two different agency structures and how they work. Auto insurance agencies can be classified as either independent agents or exclusive agents depending on their employer.

Independent Agents (or Brokers)

Agents in the independent channel can sell policies from many different companies so they can write business with any number of different companies and find you the best rates. If they quote lower rates, they can switch companies in-house which makes it simple for you. When shopping rates, we highly recommend that you contact multiple independent agents to have the most options to choose from. Most also have access to less well-known companies that may provide cheaper auto insurance rates.

The following are independent insurance agents in Baltimore that can possibly get you rate quotes.

More Baltimore agents

Exclusive Insurance Agents

These agents normally can only provide a single company’s rates and examples are State Farm, AAA, and Liberty Mutual. Exclusive agencies are unable to compare other company’s rates so they have no alternatives for high prices. Exclusive insurance agents receive extensive training in insurance sales which can be an advantage. Many people buy from exclusive agents partially due to the prominent brand name rather than having the cheapest rates.

The following is a short list of exclusive agents in Baltimore that can give you rate quotes.

More Baltimore agents

Selecting an insurance agent requires you to look at more than just the bottom line cost. The following questions are important to ask.

Cover all your bases

In this article, we presented a lot of techniques to lower your Toyota Sienna insurance rates in Baltimore. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may even find the best price on auto insurance is with a small local company. Some small companies may only write in your state and offer lower car insurance rates than their larger competitors like Allstate, GEICO and Progressive.

Lower-priced Toyota Sienna insurance in Baltimore can be sourced online and with local Baltimore insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some auto insurance companies may not have the ability to get a quote online and usually these smaller companies provide coverage only through independent agents.

To learn more, feel free to visit the resources below: