Cheapest Rate Quotes for Toyota FJ Cruiser Insurance in Portland

Discount Toyota FJ Cruiser insuranceIf saving the most money is your goal, then the best way to save on auto insurance rates is to compare prices once a year from providers in Portland. Rate comparisons can be done by following these guidelines.

The most important part of shopping around is to make sure you’re comparing the same amount of coverage on each quote request and and to analyze every insurance company. This provides a fair rate comparison and a thorough price selection.

Sad but true, a large majority of consumers have remained with the same auto insurance company for at least the last four years, and nearly the majority have never compared auto insurance rates at all. Many drivers in Portland can save hundreds of dollars each year just by comparing rates, but they don’t invest the time required to compare rates online.

If you have a policy now, you should be able to cut your premiums using the techniques presented in this article. Getting quotes for the lowest cost policy in Portland is not as hard as you think. But Oregon car owners do need to understand the way companies compete online because rates fluctuate considerably.

When shopping for Toyota FJ Cruiser insurance in Portland there are multiple ways to compare rate quotes from lots of Oregon car insurance companies. The fastest way to find the lowest rates involves getting comparison quotes online. When comparison shopping, having more price comparisons increases your odds of finding more affordable insurance. Not every company allows you to get online price quotes, so it’s recommended that you also compare price estimates from them, too.

The companies shown below are ready to provide free quotes in Portland, OR. If your goal is to find the best cheap car insurance in OR, we recommend you click on several of them to get the cheapest price.

Discounts can help lower premiums on Toyota FJ Cruiser insurance in Portland

Not too many consumers would say car insurance is affordable, but there could be available discounts to help offset the cost. A few discounts will be applied at the time of quoting, but a few need to be specially asked for before you will receive the discount. If you do not check that you are getting every discount available, you are not getting the best rate possible.Cheaper car insurance with discounts

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Most cut specific coverage prices like liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, car insurance companies aren’t that generous.

The chart below visualizes the comparison of Toyota FJ Cruiser auto insurance rates with and without discounts applied. The data assumes a male driver, no violations or accidents, Oregon 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 multi-car, claim-free, multi-policy, homeowner, marriage, and safe-driver discounts applied.

To see a list of insurers that offer many of these discounts in Portland, follow this link.

Toyota FJ Cruiser detailed coverage information

The premium information displayed next covers estimates of coverage costs for Toyota FJ Cruiser models. Understanding how car insurance premiums are formulated can be valuable when making decisions on which insurance to purchase.

Toyota FJ Cruiser Insurance Rates in Portland, OR
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
FJ Cruiser 2WD $240 $352 $362 $22 $108 $1,084 $90
FJ Cruiser 4WD $266 $352 $362 $22 $108 $1,110 $93
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Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Oregon minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in specific location information which can increase or decrease premium rates noticeably.

Higher deductibles lower rates

One common question asked by Portland drivers is the level to set your comp and collision deductibles. The following tables help summarize the rate differences when you buy lower versus higher coverage deductibles. The first data table uses a $100 deductible for physical damage and the second set of prices uses a $1,000 deductible.

Toyota FJ Cruiser insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
FJ Cruiser 2WD $310 $408 $320 $18 $96 $1,177 $98
FJ Cruiser 4WD $346 $408 $320 $18 $96 $1,213 $101
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Toyota FJ Cruiser insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
FJ Cruiser 2WD $172 $216 $320 $18 $96 $822 $69
FJ Cruiser 4WD $192 $216 $320 $18 $96 $842 $70
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Estimates do not factor in specific zip code location which can lower or raise price quotes greatly.

We can derive from the above data that using a $100 deductible will cost you approximately $30 more each month or $360 every year than requesting the higher $1,000 deductible. Since you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 30 months between claims, you would save money by selecting a higher deductible.

The example below demonstrates how choosing different deductibles and can raise or lower Toyota FJ Cruiser yearly insurance costs for each age group. The premium estimates are based on a married male driver, full physical damage coverage, and no discounts are factored in.

Full coverage versus liability-only

The diagram below shows the comparison of Toyota FJ Cruiser premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Oregon. The rate quotes are based on no driving violations, no at-fault accidents, $250 deductibles, single status, and no discounts are applied to the premium.

Deciding between full coverage and liability only

There is no exact rule to exclude physical damage insurance, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let’s pretend your Toyota FJ Cruiser replacement cost is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would receive is $7,000 after paying your deductible. If it’s costing you more than $700 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some situations where removing full coverage is not advised. If you still have a lienholder on your title, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not drop full coverage.

Why Your Insurance Prices might be higher

Consumers need to have an understanding of some of the things that are used to determine the rates you pay for insurance. When consumers understand what controls the rates you pay, this allows you to make educated decisions that can earn you lower premium levels. Many different elements are part of the equation when premium rates are determined. Some of the criteria are obvious such as traffic violations, but others are more transparent like your continuous coverage or your financial responsibility.

Policy claims cost money – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Car insurance companies in Oregon generally give discounts to policyholders that do not abuse their auto insurance. Your car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

Stress out and pay more – Occupational choices like lawyers, business owners, and emergency personnel tend to have the highest average rates attributed to stressful work requirements and lots of time spent away from family. Other careers like actors, athletes and retirees generally pay rates lower than average.

Prevent coverage lapses – Driving your car without having proper coverage is against the law and as a result your rates will increase for letting your coverage cancel without a new policy in place. In addition to paying higher premiums, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.

Teen drivers pay higher premiums – Teen drivers in Oregon are proven to be inattentive when behind the wheel so they pay higher insurance rates. Having to add a inexperienced driver to your insurance policy can really hurt. Mature drivers are more responsible, cost insurance companies less in claims, and usually have better credit.

The next chart uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.