Finding cheap auto insurance for a Toyota Tundra relies on an enormous amount of rating factors such as when you were born, the performance level of your vehicle, and any prior driving offenses. Drivers in Oklahoma will pay on average $1,344 each year to insure their Tundra, but that amount is based upon a 40-year-old married female driver with full physical damage coverage and $500 deductibles.
It’s more than likely you are not 40 years old and maybe not even female, you might be single instead of married, or maybe your Tundra is old enough that it doesn’t require full coverage. This demonstrates why the only real way to find cheap insurance rates for your Toyota is to compare as many rates as possible.
Your Toyota’s trim level tends to impact the yearly cost, so the rate you will pay to insure a Tundra Regular Cab 2WD trim level will cost $256 less than the cost to insure the higher-priced Tundra SR/5 Crew Max 4WD version, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tundra Regular Cab 2WD||$212||$380||$532||$32||$160||$1,316||$110|
|Tundra SR/5 Double Cab 2WD||$242||$462||$532||$32||$160||$1,428||$119|
|Tundra SR/5 Crew Max 2WD||$242||$462||$532||$32||$160||$1,428||$119|
|Tundra Regular Cab 4WD||$274||$462||$532||$32||$160||$1,460||$122|
|Tundra Double Cab 4WD||$274||$462||$532||$32||$160||$1,460||$122|
|Tundra SR/5 Double Cab 4WD||$274||$462||$532||$32||$160||$1,460||$122|
|Tundra Limited Double Cab 2WD||$274||$544||$532||$32||$160||$1,542||$129|
|Tundra Limited Crew MAX 2WD||$274||$544||$532||$32||$160||$1,542||$129|
|Tundra Limited Crew MAX 4WD||$304||$544||$532||$32||$160||$1,572||$131|
|Tundra SR/5 Crew Max 4WD||$304||$544||$532||$32||$160||$1,572||$131|
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Table data does not factor in specific garaging location which can affect coverage rates greatly.
Finding cheap auto insurance is confusing at best, and determining which company offers the cheapest car insurance rates for a Toyota Tundra calls for even more diligence. Every insurance provider uses their own formula to set premium rates, so we need to take a look at the car insurance companies with the overall cheapest rates in Oklahoma City.
We do need to point out that Oklahoma City car insurance rates are impacted by many things which can substantially change the price you pay. That is why it is crucial to perform a complete rate comparison when trying to get the cheapest car insurance rates for a Toyota Tundra. Car insurance prices are calculated by many different factors and can increase or decrease at any time, so the most affordable company the last time you compared rates may now be priced much higher than other options.
Find Cheaper Car Insurance for Your Tundra
|Rank||Company||Cost Per Year|
|1||Oklahoma Farmers Union||$1,190|
|11||OK Farm Bureau||$2,058|
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Oklahoma Farmers Union quotes some of the best car insurance rates in Oklahoma City at around $1,190 a year. This is $777 less than the average policy premium paid by Oklahoma drivers of $1,967. USAA, The Hartford, GEICO, and Farmers also are some of the lowest-priced Oklahoma City, OK insurance companies.
In the above example, if you are insured with GEICO and switched to USAA, you could see a yearly savings of in the neighborhood of $157. Insureds with Farmers may save as much as $198 a year, and Safe Auto policyholders might reduce prices by as much as $209 a year.
To compare your rates to other Oklahoma insurance companies, click here to start your free quote or quote prices from the following companies.
These premiums are averaged across all drivers and vehicles and and are not calculated with an exact zip code location for a Toyota Tundra. So the car insurance company that fits you best may not even be in the top 17 companies in the list above. That helps illustrate why you need to get auto insurance quotes using your own driver information and specific vehicle type.
Impact of violations and accidents on rates
The obvious way to receive good car insurance rates in Oklahoma for a Tundra is to drive safely and avoid getting tickets or having accidents. The information below highlights how speeding tickets and at-fault fender-benders raise car insurance rates for each age group. The price estimates are based on a married female driver, full coverage, $1,000 deductibles, and no policy discounts are applied.
In the previous chart, the average cost of auto insurance in Oklahoma per year with no violations or accidents is $1,850. Get two speeding tickets and the average cost hikes up to $2,616, an increase of $766 each year. Now add one accident along with the two speeding tickets and the annual cost of car insurance for a Toyota Tundra increases to an average of $3,390. That’s an increase of $1,540, or $128 per month, just for being a careless driver!
The example below shows how choosing a deductible can change insurance premiums when searching for cheap insurance for a Toyota Tundra. The rate quotes are based on a single male driver, full physical damage coverage, and no additional discounts are factored in.
The data above shows that a 40-year-old driver could cut expenses by $370 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $558 by switching to a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, can save up to $1,208 or more by choosing larger deductibles on their policy. If you do raise deductibles, it is necessary to have enough in a savings account to allow you to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Why you should be shopping around
Oklahoma car insurance rates are impacted by many factors that control the price of your policy. Simply improving your credit, buying a home, or getting a few speeding tickets may cause policy rate changes that can cause some rates to be cheaper than competitors.
Not only may your risk profile change, but insurers modify rates as often as every quarter in order to maintain liquidity for claims. An unexpected high level of claims may cause price increases, while less frequent claims can cause lower-priced Tundra insurance rates.
For example, the data below shows rates for the cheapest car insurance in Oklahoma City, OK for a 45-year-old male driver with a good driving record, no prior claims, and a good credit history. If we estimate rates based on his current situation, Oklahoma Farmers Union may have the cheapest car insurance rates in Oklahoma City at $1,382 each year. This is $585 less than the average premium paid by Oklahoma drivers of $1,967. USAA, The Hartford, GEICO, and Safe Auto are also included in the cheapest Oklahoma City, OK auto insurance companies.
In this next rate comparison, we will give the driver in the first example an at-fault accident, poor credit, and a speeding citation. Since each insurance company has a unique approach to set their prices, getting updated rate quotes could result in a different list of companies as shown below.
State Farm now has the best auto insurance rate in Oklahoma City with USAA, Liberty Mutual, GEICO, and Travelers also being competitive. This example illustrates why Oklahoma drivers need to take the time to shop around when trying to get the most economical car insurance quotes for a Toyota Tundra. Insurance rates are calculated by many different factors and can decrease or increase without notice, so the best option the last time you shopped your coverage around may now cost much more than other companies.
How to find low-cost car insurance for a Toyota Tundra
Below you’ll find many penny-pinching ideas that can help Oklahoma drivers get cheaper auto insurance.
- Improve your credit
- Buying home and auto together can help save money
- Safer vehicles generally have cheaper insurance rates
- Avoid accidents and claims
- Drop full coverage on older vehicles
- Shop around for cheaper rates regularly
The last suggestion is notably crucial, as we noted in the prior article. Prices charged by companies in Oklahoma City adjust frequently, so you should be ready to switch companies if you can save money.
Sticking with a specific company is fine, but it’s not a good idea if that inflexibility results in costing you thousands of dollars over several years. In just a few minutes you could compare prices and find cheaper insurance for a Toyota Tundra.
If you aren’t clear which coverage you need and would like to have a consultation when comparing insurance rates for a Tundra, the agents below can probably answer your questions and help you decide which auto insurance policy fits you best.
To locate an Oklahoma City insurance agent nearest to you, click the button at the bottom of the list.
- AIM Insurance Agency LLC
3200 N May Ave – Oklahoma City, OK 73112 – (405) 949-9977
- Tony Brummitt – State Farm Insurance Agent
9509 N Council Rd – Oklahoma City, OK 73162 – (405) 721-1423
- Centennial Insurance Group, Inc.
2814 W Britton Rd – Oklahoma City, OK 73120 – (405) 286-4179
- Ken Whitt – State Farm Insurance Agent
4430 N W 50th M – Oklahoma City, OK 73112 – (405) 947-2812