Comparison shopping for more affordable Toyota Sequoia insurance in Milwaukee might be nearly impossible for people who have little experience online price comparisons. With such a large choice of online companies available, it can easily be more work than you anticipated to locate the lowest price in Wisconsin.
It’s hard to believe, but the vast majority of consumers have been with the same company for at least the last four years, and just under half have never shopped around. Most drivers in Milwaukee can save hundreds of dollars each year, but they just feel it’s too hard to compare rates.
When comparing auto insurance rates, know that comparing a large number of companies increases the chance that you will find a lower rate than you’re paying now. Some regional insurers cannot provide online Milwaukee Sequoia insurance quotes, so you need to compare rates from them as well.
The following companies are our best choices to provide free rate quotes in Wisconsin. If several companies are displayed, we recommend you visit as many as you can in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sequoia SR/5 2WD||$186||$242||$302||$18||$90||$838||$70|
|Sequoia SR/5 4WD||$112||$204||$236||$14||$70||$636||$53|
|Sequoia Limited 2WD||$174||$300||$220||$14||$66||$774||$65|
|Sequoia Limited 4WD||$158||$222||$302||$18||$90||$790||$66|
|Sequoia Platinum 2WD||$174||$346||$220||$14||$66||$820||$68|
|Sequoia Platinum 4WD||$248||$500||$310||$18||$92||$1,168||$97|
|Get Your Own Custom Quote Go|
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price estimates do not factor in specific Milwaukee garaging location which can decrease or increase premiums noticeably.
Full coverage versus liability-only
The example below examines Toyota Sequoia insurance premiums with and without full coverage. The premiums are based on a clean driving record, no claims, $500 deductibles, single female driver, and no discounts are taken into consideration.
When to drop comprehensive and collision coverage
There is no definitive guideline of when to phase out comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Toyota Sequoia replacement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $3,000 after paying your deductible. If premium cost is more than $300 a year to have full coverage, then it might be time to buy liability only.
There are a few cases where only buying liability is not financially feasible. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.
Gender-based car insurance premiums
The diagram below illustrates the comparison of Toyota Sequoia insurance premiums for male and female drivers. The rates are based on no claims, a clean driving record, comprehensive and collision coverage, $100 deductibles, marital status is single, and no discounts are applied.
Insurance rate increases from tickets or accidents
The information below demonstrates how citations and fender-benders influence Toyota Sequoia insurance premiums for different age groups. The prices are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.
Save money with these discounts
Companies don’t always advertise all available discounts in an easy-to-find place, so we break down a few of the more common as well as some of the hidden credits that you can use to lower your rates.
- ABS and Traction Control Discounts – Vehicles with anti-lock braking systems can stop better under adverse conditions and therefore earn up to a 10% discount.
- Discounts for Cautious Drivers – Insureds without accidents may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
- Resident Student – Any of your kids who are attending college without a vehicle on campus may qualify for this discount.
- Passive Restraints – Vehicles equipped with air bags or automatic seat belts may get savings up to 30%.
- Paper-free Discount – A few larger companies will give you a small discount simply for signing digitally online.
- New Car Discount – Adding a new car to your policy is cheaper because new vehicles are generally safer.
- Low Mileage – Maintaining low annual mileage could earn better insurance rates on cars that stay parked.
- Seat Belts Save more than Lives – Requiring all passengers to use their safety belts may be able to save a few bucks on the premium charged for medical payments and/or PIP.
Please keep in mind that most of the big mark downs will not be given to the entire cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though you would think you can get free auto insurance, companies don’t profit that way.
Popular insurance companies and a summarized list of policyholder discounts include:
- GEICO has discounts for five-year accident-free, good student, emergency military deployment, anti-theft, defensive driver, driver training, and air bags.
- MetLife may have discounts that include multi-policy, good driver, good student, claim-free, and accident-free.
- Progressive discounts include online quote discount, good student, continuous coverage, homeowner, multi-policy, online signing, and multi-vehicle.
- Travelers policyholders can earn discounts including driver training, multi-car, IntelliDrive, save driver, continuous insurance, good student, and new car.
- SAFECO may offer discounts for safe driver, drive less, teen safe driver, multi-car, accident prevention training, and anti-theft.
- AAA may include discounts for AAA membership discount, good student, multi-car, education and occupation, anti-theft, and pay-in-full.
If you want affordable Milwaukee car insurance quotes, ask each company how many discounts you can get. Discounts might not be available to policyholders in Milwaukee. To view insurance companies offering insurance discounts in Wisconsin, follow this link.
Three good reasons to insure your Toyota vehicle
Despite the fact that car insurance is not cheap in Milwaukee, buying car insurance is required for several reasons.
First, most states have mandatory liability insurance requirements which means the state requires specific limits of liability protection if you want to drive legally. In Wisconsin 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 you have a lien on your Sequoia, most banks will require you to have insurance to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank may buy a policy for your Toyota at a more expensive rate and force you to pay for the expensive policy.
Third, insurance protects your Toyota Sequoia and your assets. It will also provide coverage for all forms of medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance more than cancel out the cost, specifically if you ever have a liability claim. According to a 2015 survey, the average American driver is currently overpaying as much as $825 a year so it’s recommended you shop around each time the policy renews to ensure rates are inline.
Different people need different insurance coverages
When it comes to buying insurance from an agent or online for your personal vehicles, there is no one-size-fits-all type of policy. Everyone’s situation is unique.
For instance, these questions may help you determine whether your personal situation might need professional guidance.
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- What does medical payments cover?
- Is a driver training discount available?
- Does my policy cover my teen driver if they drive my company car?
- Why does it cost so much to insure a teen driver in Milwaukee?
- Which is better, split liability limits or combined limits?
- Does my Toyota Sequoia qualify for pleasure use?
If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.
Compare rate quotes but work with a local Milwaukee insurance agent
Many people just want to visit with an insurance agent and that is not a bad decision A nice benefit of price shopping on the web is the fact that you can find cheap rate quotes but still work with a licensed agent.
Once you complete this form (opens in new window), the coverage information is immediately sent to participating agents in Milwaukee that can provide free Milwaukee car insurance quotes to get your business. You won’t need to contact any agents since price quotes are sent to you directly. You can get cheaper car insurance rates and work with a local agent. If you have a need to compare prices from a specific insurance company, just find their quoting web page and fill out the quote form the provide.
Picking an provider requires you to look at more than just a cheap price. You should also get answers to these questions.
- Are aftermarket or OEM parts used to repair vehicles?
- Does the agent recommend any additional coverage?
- Where would your vehicle be repaired?
- Is there a 24/7 contact number?
- Can you get a list of referrals?
- Do they offer accident forgiveness?
- Does the company allow you to choose your own collision repair facility?
If you are wanting to purchase car insurance from a local Milwaukee insurance agent, there are two types of agencies from which to choose. Agencies in Milwaukee can either be exclusive or independent.
Exclusive agencies can only write with one company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot provide rate quotes from other companies so keep that in mind. Exclusive insurance agents are usually well trained in insurance sales which helps them sell insurance even at higher premiums. Consumers often purchase coverage from exclusives partially due to loyalty to the company and the convenience of having all coverages with one company.
The following are exclusive agents in Milwaukee who may provide you with rate quotes.
- Allstate Insurance: Alex Ferreira
3436 South 13th Street – Milwaukee, WI 53215 – (414) 672-2000 – View Map
- Allstate Insurance: Tom Hoffman
2090 Miller Park Way – West Milwaukee, WI 53219 – (414) 384-1200 – View Map
- Farmers Insurance – Roger Channing
4369 S Howell Ave #201 – Milwaukee, WI 53207 – (414) 482-9400 – View Map
Independent Car Insurance Agencies
Agents in the independent channel are not employed by one company so they can write business with an assortment of companies and get you the best rates possible. If your premiums go up, your policy is moved internally which is easy for the insured.
When comparison shopping, we recommend you compare quotes from a few independent agents in order to have the best price comparison. Many can place coverage with smaller regional carriers which may provide better rates.
Shown below is a list of independent insurance agencies in Milwaukee willing to provide comparison quotes.
- Dale G Latus Insurance
5232 W Oklahoma Ave # 215 – Milwaukee, WI 53219 – (414) 352-1118 – View Map
- Dern and Company
10335 W Oklahoma Ave #203 – Milwaukee, WI 53227 – (414) 935-5700 – View Map
- See Insurance
4680 W Bradley Rd #203 – Milwaukee, WI 53223 – (414) 355-5433 – View Map
If you feel you receive acceptable answers to these questions in addition to an acceptable price estimate, you have narrowed it down to a car insurance agent that meets your needs to properly service your car insurance policy. But keep in mind it’s your policy and you can cancel your coverage whenever you wish so don’t think that you’re stuck with a specific company with no way to switch.