A recent study showed that most car insurance customers have been with the same company for well over three years, and approximately 38% of consumers have never shopped around. Toledo insurance shoppers could save about 55% every year just by shopping around, but they won’t spend time to find cheaper car insurance rates.
If you want to save money, the best way to find affordable quotes for auto insurance rates in Toledo is to compare prices once a year from companies in Ohio.
- First, get a basic knowledge of how insurance companies determine prices and the changes you can make to prevent high rates. Many rating factors that drive up the price like speeding tickets, accidents and poor credit history can be controlled by paying attention to minor details.
- Second, compare rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO and Allstate, while independent agencies can provide prices for many different companies.
- Third, compare the new rates to your existing coverage and determine if cheaper Tribeca coverage is available. If you find a lower rate quote and change companies, ensure there is no coverage lapse between policies.
- Fourth, notify your company or agent to cancel the current policy and submit a signed application and payment for the new policy. Immediately upon receiving it, put the certificate verifying coverage in your glove compartment.
A good tip to remember is to try to compare identical coverages on each price quote and to quote with as many companies as you can. Doing this enables a level playing field and the best price selection.
When quoting insurance, remember that more quotes helps improve the odds of finding better pricing. Not every company provides online Toledo Tribeca insurance quotes, so you need to compare rates from them as well.
The companies in the list below have been selected to offer free quotes in Ohio. To get cheap car insurance in Toledo, we recommend you get rates from several of them to find the most affordable auto insurance rates.
Check for these rate reducing discounts
Car insurance is neither fun to buy or cheap, but there may be some discounts that can drop the cost substantially. A few discounts will be applied at the time of quoting, but some need to be specifically requested prior to receiving the credit.
- New Vehicle Savings – Insuring a new Tribeca can be considerably cheaper compared to insuring an older model.
- Early Payment Discounts – By paying your entire bill at once instead of making monthly payments you may have a lower total premium amount.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts up to 30%.
- Driver’s Ed – Reduce the cost of insurance for teen drivers by having them complete a driver education course as it will make them better drivers and lower rates.
- Auto/Life Discount – Insurance companies who offer life insurance give a discounted car insurance rate on car insurance if you buy a life policy as well.
A little disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. Just because it seems like you can get free auto insurance, you won’t be that lucky.
The illustration below compares Subaru Tribeca insurance costs with and without discounts applied to the premium. The information is based on a male driver, no claims or driving violations, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, multi-policy, marriage, safe-driver, and claim-free discounts applied.
A list of car insurance companies and a partial list of their discounts are outlined below.
- State Farm offers discounts for student away at school, multiple policy, safe vehicle, multiple autos, defensive driving training, and anti-theft.
- Farmers Insurance may have discounts that include electronic funds transfer, switch companies, early shopping, youthful driver, multi-car, and mature driver.
- Progressive has savings for online quote discount, good student, multi-policy, online signing, continuous coverage, and homeowner.
- GEICO offers premium reductions for federal employee, five-year accident-free, daytime running lights, membership and employees, defensive driver, seat belt use, and air bags.
- Auto-Owners Insurance discounts include anti-theft, safe driver, paid in full, anti-lock brakes, and teen driver.
- The Hartford may offer discounts for air bag, good student, vehicle fuel type, anti-theft, driver training, and defensive driver.
- Farm Bureau policyholders can earn discounts including multi-policy, good student, driver training, multi-vehicle, and youthful driver.
- USAA offers discounts including safe driver, loyalty savings, multi-policy, defensive driver, military installation, and good student.
When quoting, ask all the companies to apply every possible discount. Depending on the company, some discounts might not be offered in every state.
Subaru Tribeca coverage statistics
The table below outlines estimates of insurance coverage prices for Subaru Tribeca models. Understanding how insurance prices are figured can be useful when making decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tribeca 3.6R Limited||$184||$280||$298||$18||$88||$868||$72|
|Tribeca 3.6R Premium||$184||$280||$298||$18||$88||$868||$72|
|Tribeca 3.6R Touring||$204||$280||$298||$18||$88||$888||$74|
|Get Your Own Custom Quote Go|
Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Rate information does not factor in specific location which can change price quotes substantially.
The information below demonstrates how deductible levels and can increase or decrease Subaru Tribeca insurance prices for each age group. The price estimates are based on a married male driver, full coverage, and no discounts are applied.
How violations and accidents impact rates
The information below highlights how speeding tickets and fender-benders can drive up Subaru Tribeca insurance costs for different age groups. The premium estimates are based on a married male driver, full coverage, $250 deductibles, and no discounts are taken into consideration.
Subaru Tribeca insurance premiums by gender in Toledo
The example below visualizes the comparison of Subaru Tribeca insurance premiums for male and female drivers. The rates are based on a clean driving record, no at-fault accidents, comp and collision included, $500 deductibles, single marital status, and no other discounts are factored in.
Subaru Tribeca liability-only versus full coverage
The example below illustrates the comparison of Subaru Tribeca insurance costs with and without physical damage coverage. The costs are based on no violations or accidents, $100 deductibles, drivers are single, and no other discounts are factored in.
Should you buy full coverage or liability only?
There is no definitive formula to stop paying for physical damage coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your Subaru Tribeca settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after the policy deductible has been paid. If you are paying over $200 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some conditions where only buying liability is not a good idea. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not consider dropping full coverage.
Smart Buyers Know How to Quote Insurance More Affordably
Many things are part of the equation when you get a price on insurance. Most are fairly basic such as traffic violations, but some are not as apparent such as your marital status or your financial responsibility.
The following are some of the most rate-impacting factors used by insurance companies to determine prices.
Credit history impacts premiums – Having a bad credit history can be an important factor in your rate calculation. If your credit rating can use some improvement, you could pay less to insure your Subaru Tribeca by taking the time to improve your credit score. Drivers who have excellent credit scores tend to be better risks to insure than drivers with poor credit scores.
High performance equals high costs – The performance of the car, truck or SUV you own makes a significant difference in how high your rates are. The most favorable rates are for economy passenger vehicles, but your final cost has many other factors.
The next chart is based on a single female driver age 30, full coverage with $250 deductibles, and no discounts or violations. It illustrates Subaru Tribeca rates compared to other makes and models that have a range of performances.
Vocation stress can affect prices – Did you know that where you work can have an impact on rates? Occupational choices like military personnel, architects, and miners generally have the highest average rates in part from high stress and lengthy work days. On the flip side, professions such as professors, athletes and homemakers have the lowest average rates.
Younger drivers pay high costs – More experienced drivers tend to be more responsible, cost insurance companies less in claims, and get fewer tickets. Drivers with little experience are statistically proven to be easily distracted in a vehicle and because of this, their insurance rates are much higher.
The following data uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
Should I talk to a local insurance agent?
A lot of people still like to buy from a local agent and often times that is recommended A good thing about getting online price quotes is that you can find the best rates and still have a local agent. Supporting neighborhood insurance agencies is important especially in Toledo.
After filling out this form (opens in new window), your insurance data is instantly submitted to companies in Toledo that give free quotes for your insurance coverage. There is no reason to search for any insurance agencies since rate quotes are delivered straight to your inbox. You can find better rates AND a local agent. If for some reason you want to compare prices from one company in particular, you can always navigate to their website and complete a quote there.
If you are wanting to find a local Toledo insurance agency, it can be helpful to understand the different types of agents and how they are distinctly different. Agents are either independent (non-exclusive) or exclusive.
Independent Insurance Agencies or Brokers
Agents that choose to be independent often have affiliation with several companies so they have the ability to put coverage through many companies and find you the best rates. If your premiums go up, the agent simply finds a different carrier and you don’t have to switch agencies.
If you are comparing rate quotes, we recommend you include price quotes from several independent insurance agents so that you have a good selection of quotes to compare. Most also have access to smaller regional carriers that may have much lower rates than larger companies.
Below are Toledo independent agents who may provide rate quotes.
- D and R Insurance Inc
240 S Reynolds Rd – Toledo, OH 43615 – (419) 535-5600 – View Map
- RBI Insurance and Financial Services
3421 N Holland Sylvania Rd – Toledo, OH 43615 – (419) 841-4446 – View Map
- Fox Insurance
4560 Heatherdowns Blvd # 103 – Toledo, OH 43614 – (419) 385-2797 – View Map
Exclusive Insurance Agencies
These type of agents can only write with one company and some examples include Allstate, Farmers Insurance or State Farm. They generally cannot provide other company’s prices so keep that in mind. Exclusive agents are usually quite knowledgeable on sales techniques and that enables them to sell even at higher rates. Some consumers prefer to choose to use an exclusive agent partially due to the brand name rather than having low rates.
The following are exclusive insurance agencies in Toledo that are able to give price quote information.
- Vince Davis State Farm Insurance
3344 Secor Rd – Toledo, OH 43606 – (419) 244-2904 – View Map
- Becki Ballenger – State Farm Insurance Agent
3520 Heatherdowns Blvd #5 – Toledo, OH 43614 – (419) 385-5775 – View Map
- Nathan Ensey – State Farm Insurance Agent
4024 N Holland Sylvania Rd Ste 6 – Toledo, OH 43623 – (419) 517-8811 – View Map
Finding the right car insurance agent should include more criteria than just the quoted price. These are some questions you should get answers to.
- Is the agent properly licensed in Ohio?
- Do they get paid more for recommending certain coverages?
- In the event of vehicle damage, can you pick the collision repair facility?
- What is the agency’s Better Business Bureau rating?
- Will the company cover a rental car if your car is getting fixed?
How much auto insurance do I need?
When selecting the best auto insurance coverage, there really isn’t a best way to insure your cars. You are unique so your insurance needs to address that.
Here are some questions about coverages that may help you determine if your insurance needs might need an agent’s assistance.
- Does my Subaru Tribeca qualify for pleasure use?
- Does my personal policy cover me when driving out-of-state?
- What if a claim settlement is too low?
- Does my medical payments coverage pay my health insurance deductible?
- What are the financial responsibility laws in my state?
- What is motorclub and do I need it?
- Which companies are cheaper for teen drivers?
- Am I insured when driving a different vehicle?
- Can I afford to buy a different vehicle if my Subaru Tribeca is totaled?
If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.
Do the work, save more money
When buying insurance coverage, you should never buy less coverage just to save a little money. In many cases, someone dropped collision coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy enough coverage at the best possible price, but do not sacrifice coverage to save money.
More affordable insurance in Toledo can be bought both online in addition to many Toledo insurance agents, so you need to quote Toledo car insurance with both to have the best chance of lowering rates. Some insurance providers may not provide rates over the internet and these smaller providers prefer to sell through local independent agents.
To read more, feel free to browse the following helpful articles:
- Safe Vehicles for Teens (iihs.org)
- What Car Insurance is Cheapest for a Honda Civic in Toledo? (FAQ)
- Who Has Cheap Car Insurance for Drivers Over Age 70 in Toledo? (FAQ)
- How Much are Auto Insurance Quotes for a School Permit in Toledo? (FAQ)
- Who Has Cheap Auto Insurance Rates for Drivers with a DUI in Toledo? (FAQ)
- Who Has the Cheapest Auto Insurance for a Toyota Camry in Toledo? (FAQ)
- Car Insurance: When not to Skimp (BankRate.com)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- What is Gap Insurance? (Insurance Information Institute)
- Drunk Driving Statistics (Insurance Information Institute)