Finding cheaper auto insurance for a Toyota Tacoma is pretty simple for most people to do, but it hinges on a complex formula that considers things such as how many miles you drive each year, if you have recent claims, and citations or violations on your driving record. Nebraska drivers pay approximately $703 annually to insure their Tacoma, but that is calculated using a 30-year-old married male driver with full comprehensive and collision coverage and $1,000 deductibles.
There’s a good chance you are not 30 years old and maybe not even male, possibly single instead of married, and you may just want the cheapest liability coverage you can find. Having even a minor difference in policy rating criteria or coverages can result in a large change in the cost of insuring your Tacoma.
This illustrates why the only real way to find affordable rates for your Toyota is to do the rate comparisons yourself. In just a couple of minutes you will be able to compare rates from some of the best companies that insure vehicles in Nebraska.
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Vehicle trim level will most likely have an effect on the annual cost of coverage, so the price you will be charged to insure a Tacoma 2WD trim level will be $38 less than the insurance cost for the more well-appointed Tacoma Double Cab TRD Sport Package 4WD version, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tacoma Double Cab 4WD||$144||$246||$300||$18||$90||$798||$67|
|Tacoma X-Runner 2WD||$144||$290||$300||$18||$90||$842||$70|
|Tacoma Double Cab 4WD||$162||$246||$300||$18||$90||$816||$68|
|Tacoma Double Cab TRD Off-Road Package 4WD||$162||$246||$300||$18||$90||$816||$68|
|Tacoma Double Cab TRD Sport Package 4WD||$162||$246||$300||$18||$90||$816||$68|
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Table data does not factor in specific location information which can influence prices significantly.
Choosing a highly-rated insurance provider can be rather challenging considering how many choices drivers have in Lincoln. The company information in the next section may help you decide which insurers you want to consider when trying to find cheaper insurance for a Toyota Tacoma.
The rankings below are for the largest companies in America, so companies without a large exposure are not factored into this list. To check prices from many more Nebraska auto insurance companies, follow this link.
Top 10 Large Auto Insurance Providers in Lincoln Ranked by Claims Service
- Liberty Mutual
- AAA Insurance
- Safeco Insurance
- The General
How to get discounts on Lincoln auto insurance rates
Insurers that offer coverage for a Toyota Tacoma may also give you premium discounts that may potentially lower prices by as much as 35% or more if you qualify. The best car insurance companies and their possible discounts include:
- GEICO offers discounts for emergency military deployment, multi-policy, membership and employees, anti-theft, and multi-vehicle.
- MetLife may offer discounts for defensive driver, claim-free, good driver, multi-policy, good student, accident-free
- State Farm policyholders can earn discounts including good student, student away at school, defensive driving training, safe vehicle, passive restraint, and Steer Clear safe driver discount.
- Progressive may have discounts that include online quote discount, continuous coverage, multi-vehicle, multi-policy, homeowner, online signing, and good student.
- Mercury Insurance discounts include good student, accident-free, professional/association, age of vehicle, and annual mileage.
- 21st Century offers discounts including anti-lock brakes, theft prevention, student driver, homeowners, automatic seat belts, teen driver, and air bags.
- Allstate has discounts for FullPay discount, multi-policy, anti-theft, economy car, eSmart discount, good student, and auto/life discount.
The illustration below visualizes the comparison of insurance prices with and without discounts applied to the rates. The information is based on a male driver, a clean driving record, no claims, Nebraska 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 bar shows the rates with anti-theft, vehicle safety, marriage, safe-driver, multiple vehicle, and claim-free discounts applied. In this example, theaverage yearly reduction on car insurance for a Toyota Tacoma is 28% or $435.
A good deal can quickly turn bad
Nebraska car insurance rates are calculated based on many things that may substantially change the price you have to pay. Simply having another birthday, buying a home instead of renting, or getting a ticket for careless driving can produce rate changes that can now make some companies cheaper than competitors. In addition, insurance companies change prices without warning in order to offset underwriting gains or losses. Higher than usual claims may result in more expensive premiums, while long-term profits can cause lower-priced Tacoma insurance rates.
The bar chart below shows which companies have the cheapest car insurance in Lincoln, NE for a 35-year-old female driver with no prior claims, no tickets, and solid credit. When comparing rates based on her personal profile, Safeco may have the best car insurance rates in Lincoln at $788 annually. This is $528 less than the average price paid by Nebraska drivers of $1,316. The Hartford, Allied, Auto-Owners, and Farm Bureau Mutual are the remainder of the cheapest Lincoln, NE auto insurance companies.
The chart below compares rates after we give the driver in the first chart a claim, less-than-perfect credit, and a couple of points charged on her driving record. Because each company has a unique formula to set premium rates, comparing rates most likely will result in a new list of affordable companies as shown below.
Farmers Mutual of Nebraska now has the best car insurance rate in Lincoln, NE with State Farm, American National, General Casualty, and USAA also being competitive. This example illustrates why it is critical to do a thorough rate comparison to get affordable auto insurance rates for a Toyota Tacoma. Car insurance prices are determined by many risk factors and change substantially, so the cheapest rate when you last compared rates may now not even be in the top five.
The Lincoln, NE, insurance agents below can probably aid you in deciding which coverage meets your needs best, as some people have coverage questions and would like to have some professional guidance when buying car insurance for a Toyota Tacoma. It can be challenging to find coverage yourself, and getting professional guidance from a licensed agent can bring peace of mind knowing your policy gives you enough coverage when you need it. To find an agent closest to you, click the button link following the list or click here to get price quotes now.
- Zimmer Insurance Group
3230 S 13th St – Lincoln, NE 68502 – (402) 423-6262
- Gale Breed – State Farm Insurance Agent
8421 Amber Hill Ct #1 – Lincoln, NE 68526 – (402) 483-2802
- State Farm: Shawn Kreifels
570 Fallbrook Blvd #111 – Lincoln, NE 68521 – (402) 435-2250