Who Has Affordable Auto Insurance Quotes for a Toyota Highlander in Phoenix?

Buying the cheapest coverage for a Toyota Highlander in Arizona is dependent upon a whole bunch of rating criteria such as your gender, the condition of your credit, and violations on your driving record. Drivers will pay around $965 each year for Highlander insurance, but that is a projection using a 30-year-old single female driver with full physical damage coverage and $1,000 deductibles.

But there is a high likelihood that you may not be 30 years old (or even female), maybe you are married instead of single, and maybe your Highlander is older and does not require full coverage. There is no one cookie-cutter policy that works for everyone, so the best method for finding cheap insurance prices for your Toyota is to just take the time to compare rates yourself. In less than five minutes you can get rates from some of the best companies that insure Toyota vehicles in Arizona.

Cheapest Toyota Highlander Insurance Rates

Vehicle trim level will be a contributing factor to the annual cost of coverage, so the price you will pay to insure a Highlander 2WD model will be $150 lower than the insurance cost for the more costly Highlander Hybrid Limited 4WD version, as shown in the prices below.

Toyota Highlander Insurance Rates in Phoenix, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $158 $248 $404 $24 $122 $956 $80
Highlander 4WD $180 $302 $404 $24 $122 $1,032 $86
Highlander Sport 4WD $180 $302 $404 $24 $122 $1,032 $86
Highlander SE 2WD $180 $302 $404 $24 $122 $1,032 $86
Highlander Sport 2WD $180 $302 $404 $24 $122 $1,032 $86
Highlander Limited 2WD $200 $356 $404 $24 $122 $1,106 $92
Highlander SE 4WD $200 $356 $404 $24 $122 $1,106 $92
Highlander Limited 4WD $200 $356 $404 $24 $122 $1,106 $92
Highlander Hybrid 4WD $200 $356 $404 $24 $122 $1,106 $92
Highlander Hybrid Limited 4WD $200 $356 $404 $24 $122 $1,106 $92
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Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium costs do not factor in zip code location which can raise or lower premium rates considerably.

Comparing quotes for low-cost insurance is confusing at best, and determining which company has the lowest-priced car insurance rates for a Toyota Highlander will take even more work. Each company has a unique approach to set premium rates, so let’s begin by examining the car insurance companies that tend to have lower prices in Arizona.

It’s a good idea to know that Arizona car insurance rates are impacted by many factors which can substantially decrease or increase the cost of coverage. Simply having another birthday, increasing deductibles, or getting a few speeding tickets may prompt premium changes that can cause some rates to be higher when they were quite affordable.

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Cheapest auto insurance in Arizona ranked by cost per year
Rank Company Cost Per Year
1 The Hartford $845
2 Safeco $905
3 Auto-Owners $915
4 Travelers $1,086
5 USAA $1,091
6 GEICO $1,131
7 Progressive $1,152
8 CSAA $1,177
9 Allied $1,197
10 Ameriprise Group $1,220
11 Farm Bureau Mutual $1,247
12 Safe Auto $1,297
13 State Farm $1,323
14 Unitrin $1,343
15 Farmers $1,350
16 Titan $1,476
17 American Family $1,478
18 Amica $1,487
19 MetLife $1,505
20 California Casualty $1,506
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The Hartford has some of the lowest car insurance rates in Phoenix at around $845 each year. Safeco, Auto-Owners, Travelers, and USAA would also be considered some of the more affordable Phoenix, AZ insurance companies.

As shown in the table above, if you currently have coverage with Travelers and switched to The Hartford, you might realize an annual savings of about $241. Insureds with USAA could save as much as $246 a year, and GEICO insureds might reduce rates by $286 a year.

To see how much you can save, click here to start your free quote or quote rates from the companies below.

Bear in mind that those prices are averages across all drivers and vehicles in Arizona and do not factor in a specific zip code for a Toyota Highlander. So the auto insurance company that can offer you the best rate may not even be in the top 28 companies in the list above. That underscores the importance of why you need to compare prices as often as possible using your own individual information.

The illustration below demonstrates how deductible levels can raise or lower insurance premiums when quoting cheap insurance for a Toyota Highlander. The data assumes a married male driver, full coverage, and no other discounts are factored in.

As shown above, a 40-year-old driver could pocket $300 a year by changing from a $100 deductible up to a $500 deductible, or save $456 by selecting a $1,000 deductible. Even younger drivers, like the Age 20 category, have the ability to save $998 or more just by choosing higher deductibles. When insureds make the decision to increase the deductibles on their policy, it will be important to have emergency funds available to enable you to pay the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

Insurance rate increases from tickets or accidents

One of the best ways to maintain the cheapest car insurance premiums in Arizona for a Highlander is to drive cautiously and avoid at-fault accidents and violations. The illustration below demonstrates how traffic citations and fender-benders influence insurance rates for different categories of driver ages. The data is based on a single female driver, comp and collision included, $100 deductibles, and no discounts are applied.

In the chart above, the average cost of a car insurance policy in Phoenix per year with no violations or accidents is $2,154. Factor in two speeding tickets and the average cost rises to $2,908, an increase of $755 each year. Then throw in two accidents along with the two speeding tickets and the annual cost of car insurance for a Toyota Highlander increases to an average of $5,433. That’s an increase of $3,280, or $273 per month, just for not being a responsible driver!

Cost comparison with and without full coverage

Lowering the price of car insurance is the goal of most people, and a great way to pay less for insurance for a Toyota Highlander is to buy only liability coverage. The example below illustrates the difference between premium costs with full physical damage coverage compared to only buying liability only. The premiums are based on a clean driving record, no claims, $100 deductibles, drivers are single, and no other discounts are factored in.

Averaged out for all age groups, physical damage coverage on your policy costs $1,888 per year over and above liability coverage. That touches on the question if it’s worth it to buy full coverage. There is no definitive rule of when to stop paying for physical damage insurance, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

There are a few situations where dropping physical damage coverage is not recommended. If you still have a lienholder on your title, you have to keep full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage.