How to Save on Auto Insurance in Tacoma

Are you looking for a better way to compare more competitive car insurance rates in Tacoma, WA? Tacoma drivers have options when trying to find low-cost car insurance. You can either spend your time driving around to compare prices or leverage the internet to get rate quotes.

There is a right way and a wrong way to buy car insurance and you need to know the absolute fastest way to price shop coverage for a and get the lowest possible price.

A recent study revealed that the vast majority of consumers have bought car insurance from the same company for a minimum of four years, and approximately 38% of consumers have never compared rate quotes at all. Many consumers in Tacoma could cut their rates by approximately 40% a year just by getting comparison quotes, but they just don’t want to compare rates online.

Why you might pay higher rates in Tacoma

An important part of buying insurance is that you know a few of the rating criteria that aid in calculating your insurance rates. When you know what positively or negatively determines base rates, this empowers consumers to make smart changes that could help you find better insurance rates. Multiple criteria are taken into consideration when pricing auto insurance. Some are obvious such as traffic violations, although some other factors are more obscure such as whether you are married or how safe your car is.

The factors shown below are some of the most rate-impacting factors that factor into your premiums.

All major insurance companies make it easy to get coverage prices online. Obtaining pricing is quite simple as all you need to do is type in your coverage information on the page. After you complete the form, their rating system makes automated requests for your credit score and driving record and quotes a price based on the data you entered.

This makes it simple to compare prices and it is important to get many rate quotes if you want to get the cheapest possible prices on insurance.

In order to compare rates using this form now, check out the insurance providers below. If you have coverage now, it’s recommended you replicate the coverage information as shown on your current policy. Doing this guarantees you’re receiving a fair comparison based on identical coverages.

The auto insurance companies shown below are ready to provide comparison quotes in Washington. If multiple companies are listed, it’s highly recommended you click on several of them to get the most affordable price.

Insurance Rates for Popular Vehicles in Tacoma
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LS $872 $436 $73
Chevrolet Silverado LTZ Extended Cab 4WD $990 $495 $83
Dodge Ram Crew Cab SLT 2WD $1,140 $570 $95
Ford Escape Limited 2WD $700 $350 $58
Ford Explorer Limited AWD $1,154 $577 $96
Ford F-150 STX Super Cab 2WD $646 $323 $54
Ford Focus S 4-Dr Sedan $756 $378 $63
Honda Accord LX 4-Dr Sedan $786 $393 $66
Honda CR-V EX 4WD $912 $456 $76
Honda Civic Hybrid 4-Dr Sedan $1,278 $639 $107
Jeep Grand Cherokee Laredo 2WD $926 $463 $77
Nissan Altima 3.5 SR 4-Dr Sedan $1,256 $628 $105
Toyota Camry SE $1,236 $618 $103
Toyota Corolla S $944 $472 $79
Toyota Prius $974 $487 $81
Get Your Own Custom Quote Go

Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Washington minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Premium amounts do not factor in zip code location which can influence insurance rates noticeably.

How much more does full coverage cost in Tacoma?

The information below visualizes the comparison of Dodge Ram annual premium costs with and without full coverage. The information is based on a clean driving record, no at-fault accidents, $250 deductibles, single female driver, and no discounts are applied to the premium.

Dodge Ram rates are for example purposes only. To get rates for your specific vehicle, click here.

Should you be buying full coverage?

There is no clear-cut formula to stop paying for physical damage insurance, but there is a guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.

For example, let’s assume your Dodge Ram replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $2,000 after paying the physical damage deductible. If you are paying over $200 a year for your policy with full coverage, then it could be time to drop full coverage.

There are some scenarios where only buying liability is not financially feasible. If you still have a loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

Buying the right vehicle insurance in Washington is an important decision

Even though rates can get expensive, buying insurance serves an important purpose.

First, the majority of states have mandatory insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability coverage in order to drive the car. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if your vehicle has a loan, it’s most likely the lender will make it mandatory that you have physical damage coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your vehicle for a much higher rate and require you to pay a much higher amount than you were paying before.

Third, insurance safeguards both your vehicle and your assets. It will also cover medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to have it repaired.

The benefits of insuring your vehicle definitely exceed the cost, especially when you need to use it. But the average driver in Washington is currently overpaying as much as $750 every year so it’s recommended you shop around each time the policy renews to be sure current rates are still competitive.

Get discounts on Tacoma car insurance

Car insurance is not cheap, but companies offer discounts to help bring down the price. Some discounts will apply when you quote, but once in a while a discount must be manually applied in order for you to get them. If you’re not getting every credit you qualify for, you are just wasting money.Discount car insurance

Discounts reduce rates, but you should keep in mind that some credits don’t apply to your bottom line cost. Most only apply to the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like adding up those discounts means a free policy, that’s just not realistic.

Some of the insurance companies that may offer these money-saving discounts possibly include:

If you need affordable Tacoma car insurance quotes, ask all the companies which discounts you qualify for. Depending on the company, some discounts might not apply in Tacoma. For a list of insurance companies that provide some of the discounts listed above in Tacoma, follow this link.

What if I want to buy from local Tacoma auto insurance agents?

Some consumers still like to go talk to an agent and that is a personal choice. Agents will help you protect your assets and help submit paperwork. A nice benefit of comparing rate quotes online is that you can obtain cheaper prices and still buy from a local agent. Buying insurance from local insurance agents is important particularly in Tacoma.

Find insurance agent in TacomaUpon completion of this simple form, your insurance coverage information gets sent to insurance agents in Tacoma who want to provide quotes to get your business. It’s much easier because you don’t need to contact any agents since price quotes are sent to your email. In the event you want to compare prices for a specific company, you can always find their quoting web page and fill out their quote form.

Exclusive or Independent: There is a difference

If you want to buy car insurance from a good insurance agency, it helps to know the two different types of agencies and how they are distinctly different. Insurance agencies in Tacoma can be described as either independent (non-exclusive) or exclusive. Both can insure your vehicles properly, but it’s good to learn why they differ because it can influence the kind of agent you use.

Independent Car Insurance Agents

Agents of this type are not employed by one company so they can insure your vehicles with any number of different companies and possibly get better coverage at lower prices. If your agent finds better pricing, the agent simply finds a different carrier and you won’t have to switch agencies. If you are comparing rate quotes, you absolutely need to include a couple of independent agencies for maximum quote selection. Many independent agencies also insure through small regional insurance companies which may have better rates.

Featured below are independent insurance agents in Tacoma that may be able to give you price quote information.

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Exclusive Insurance Agencies

These type of agents can only place business with one company and examples are Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agents are unable to provide prices from multiple companies so they have to upsell other benefits. Exclusive agents are usually well trained in insurance sales which helps offset the inability to provide other markets. A lot of people use the same agent partially due to the brand rather than low rates.

Below are Tacoma exclusive insurance agents that can give you price quote information.

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Finding the right auto insurance agent shouldn’t rely on just the bottom line cost. Here are some questions you might want to ask.

How do I know if I need professional advice?

When choosing the right insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Your needs are unique to you so your insurance needs to address that.Higher deductibles save money
For instance, these questions can help discover if your situation will benefit from professional help.

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Cheaper auto insurance rates are out there

More affordable auto insurance in Tacoma is available from both online companies and from local agencies, so you need to quote Tacoma car insurance with both in order to have the best price selection to choose from. Some companies do not offer online price quotes and most of the time these small, regional companies provide coverage only through local independent agents.

When buying insurance coverage, it’s not a good idea to buy less coverage just to save a little money. Too many times, an insured cut uninsured motorist or liability limits only to regret at claim time that it was a big mistake. The aim is to purchase plenty of coverage at the best price but still have enough coverage for asset protection.

More information can be found on the following sites: