Who Has the Cheapest Car Insurance Quotes for a Toyota Tacoma in Laredo?

Finding affordable coverage for a Toyota Tacoma depends on many rating criteria such as the mileage of your daily commute, your credit score, and any prior driving offenses you have. Texas drivers pay on average $1,166 each year to insure their Tacoma, but that amount is an approximation using a 50-year-old single female driver with full coverage and $250 deductibles.

But there is a good chance that you are not 50 and maybe not even a female, married instead of single, or maybe you’re a renter instead of a homeowner. Even a minor change in rating criteria or coverage limits may result in a big change in the policy rate.

Everyone has unique insurance needs, and this illustrates why the only real way to find cheap insurance prices for your Toyota is to compare as many rates as you can.

Find Cheaper Toyota Tacoma Insurance

Vehicle trim level tends to have a direct effect on the cost of coverage, so the price you will pay to insure a Tacoma 2WD model will be $66 less than the cost to insure the higher-end Tacoma Double Cab TRD Sport Package 4WD model, as shown below.

Toyota Tacoma Insurance Rates in Laredo, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $220 $486 $430 $26 $128 $1,290 $108
Tacoma 4WD $254 $400 $430 $26 $128 $1,238 $103
Tacoma Double Cab 4WD $254 $486 $430 $26 $128 $1,324 $110
Tacoma X-Runner 2WD $254 $572 $430 $26 $128 $1,410 $118
Tacoma Double Cab 4WD $286 $486 $430 $26 $128 $1,356 $113
Tacoma Double Cab TRD Off-Road Package 4WD $286 $486 $430 $26 $128 $1,356 $113
Tacoma Double Cab TRD Sport Package 4WD $286 $486 $430 $26 $128 $1,356 $113
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Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Rate quotes do not factor in vehicle location which can revise rates substantially.

Comparing quotes for low-cost car insurance is not most people’s favorite thing to do, and finding out which companies quote the cheapest car insurance rates for a Toyota Tacoma requires a little more work. Every car insurance company uses a little different formula to set premium rates, so first we will examine the car insurance companies that tend to have lower prices in Laredo, TX.

Cheap Insurance Rates for Your Tacoma

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What’s the cheapest car insurance in Texas?
Rank Company Cost Per Year
1 Travelers $1,021
2 USAA $1,117
3 Texas Farm Bureau $1,211
4 Germania Mutual $1,294
5 Esurance $1,379
6 California Casualty $1,396
7 State Farm $1,465
8 Mercury $1,476
9 Nationwide $1,538
10 Safe Auto $1,549
11 Progressive $1,647
12 Allstate $1,718
13 Amica $1,775
14 GEICO $2,135
15 Home State $2,155
16 MetLife $2,227
17 Encompass $2,255
18 Unitrin $2,264
19 21st Century $2,396
20 Titan $2,672
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Travelers quotes some of the lowest car insurance rates in Laredo at around $1,021 annually. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the most economical Laredo, TX insurance companies.

In the above example, if you have coverage with Germania Mutual and switched to USAA, you may see annual savings of about $177. Drivers with Esurance could save as much as $262 a year, and California Casualty policyholders might lower prices by up to $279 a year.

To compare your rates to other Texas insurance companies, click here to begin a quote or feel free to get quotes from the companies below.

Bear in mind that those prices are averaged across all types of drivers and the different vehicles they drive and do not take into consideration an exact vehicle garaging location for a Toyota Tacoma. So the auto insurance company that fits your age and vehicle best may not even be in the top 23 companies shown above. That underscores the importance of why you need to compare as many prices as possible using your own specific driver information and vehicle.

The example below illustrates how your choice of deductibles can raise or lower insurance costs when searching for cheap insurance for a Toyota Tacoma. The premiums assume a married male driver, full physical damage coverage, and no discounts are applied.

The chart above illustrates that a 30-year-old driver could save $308 a year by increasing from a $100 deductible to a $500 deductible, or save $470 by selecting a $1,000 deductible. Younger drivers, like the Age 20 chart data, could reduce their rates as much as $914 annually by using a higher deductible.

When insureds make the decision to increase the deductibles on their policy, it will be important to have enough funds in savings to allow you to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Reckless driving habits raise Laredo car insurance rates

The recommended way to find affordable car insurance premiums for a Tacoma is to be a cautious driver and not have accidents or get tickets. The chart below shows how violations and at-fault collisions can raise annual premium costs for different age groups. The price estimates are based on a married female driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.

In the previous chart, the average cost of an auto insurance policy per year with no accidents or violations is $1,632. Factor in one speeding ticket and the average cost hikes up to $1,902, an increase of $270 each year. Then add in one accident along with the one speeding ticket and the 12-month cost of car insurance for a Toyota Tacoma jumps again to an average of $2,658. That’s an increase of $1,026, or $86 per month, just for a couple of infractions!

Chances are good that you’re overpaying for Tacoma insurance

Laredo car insurance rates are influenced by many factors which can substantially decrease or increase the cost of a policy. Improving your credit rating, buying a different vehicle, or having an accident can cause premium changes that may make certain companies cheaper than before.

Not only may your situation change, but companies change the rates they charge in Texas as often as every three months to reflect underwriting profits or losses. Higher than normal claims can result in higher prices, while a profitable period can produce lower-cost Tacoma insurance rates.

To help illustrate this point, the bar chart below demonstrates which company has the cheapest car insurance in Laredo, TX for a 35-year-old male driver with no accidents or violations, and a high credit rating. When comparing rates based on his current risk factors, Travelers quotes the cheapest car insurance rates in Laredo at $1,282 annually. This is $622 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remainder of the best Laredo, TX auto insurance companies.

Now let’s give the driver from the first rate comparison some claims, a lower credit score, and a speeding citation. Because each company uses their own formula for setting rates, analyzing rates most likely will result in a different list of the cheapest Laredo car insurance companies as shown below.

State Farm now has the best price in Laredo with Mercury, Nationwide, Safe Auto, and USAA completing the list. This example illustrates why consumers need to perform a complete rate comparison when trying to find cheap insurance quotes for a Toyota Tacoma. Insurance rates are influenced by many things and can change substantially, so the best option two years ago may now be quite expensive.

How to find cheaper insurance for a Toyota Tacoma

Lowering your rates is not difficult, and here are some money-saving suggestions that can help drivers locate cheap auto insurance.

That last idea is certainly necessary, as we emphasized in the prior information. Car insurance rates can be adjusted at any time, so drivers shouldn’t be resistant to change insurance companies if a better deal can be had.

We understand brand loyalty, but is isn’t recommended if that inflexibility results in costing you big bucks every year. In just a few minutes you could compare prices and find cheaper car insurance for a Toyota Tacoma in Laredo.