Finding better insurance prices for a new or used Toyota Sienna in Indiana can normally be difficult, but you can learn the following methods to save time. There are both good and bad ways to compare car insurance rates and we’ll show you the absolute fastest way to get price quotes on a Toyota and locate the lowest possible price either online or from Indianapolis insurance agents.
Finding a better price on insurance is not rocket science. All that’s required is to take a few minutes to compare rate quotes to see which company has cheaper Indianapolis auto insurance quotes.
The following companies offer comparison quotes in Indiana. If several companies are displayed, we suggest you visit as many as you can to get a more complete price comparison.
Toyota Sienna detailed coverage information
The premium table below outlines estimates of rate quotes for Toyota Sienna models. Having a better understanding of how auto insurance premiums are formulated can assist in making decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sienna CE | $204 | $428 | $286 | $16 | $86 | $1,020 | $85 |
| Sienna LE | $234 | $428 | $286 | $16 | $86 | $1,050 | $88 |
| Sienna LE AWD | $234 | $428 | $286 | $16 | $86 | $1,050 | $88 |
| Sienna XLE | $234 | $428 | $286 | $16 | $86 | $1,050 | $88 |
| Sienna XLE AWD | $234 | $504 | $286 | $16 | $86 | $1,126 | $94 |
| Sienna Limited | $264 | $504 | $286 | $16 | $86 | $1,156 | $96 |
| Sienna Limited AWD | $264 | $504 | $286 | $16 | $86 | $1,156 | $96 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Premium amounts do not factor in vehicle location which can impact premium rates significantly.
Policy deductible comparison
One of the hardest decisions when shopping for car insurance is where to set your physical damage deductibles. The following insurance rates illustrate the cost difference when you choose different insurance deductibles. The first table uses a $100 deductible for physical damage and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sienna CE | $210 | $436 | $280 | $16 | $84 | $1,051 | $88 |
| Sienna LE | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Sienna LE AWD | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Sienna XLE | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Sienna XLE AWD | $242 | $514 | $280 | $16 | $84 | $1,161 | $97 |
| Sienna Limited | $272 | $514 | $280 | $16 | $84 | $1,191 | $99 |
| Sienna Limited AWD | $272 | $514 | $280 | $16 | $84 | $1,191 | $99 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sienna CE | $154 | $294 | $280 | $16 | $84 | $828 | $69 |
| Sienna LE | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Sienna LE AWD | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Sienna XLE | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Sienna XLE AWD | $176 | $348 | $280 | $16 | $84 | $904 | $75 |
| Sienna Limited | $200 | $348 | $280 | $16 | $84 | $928 | $77 |
| Sienna Limited AWD | $200 | $348 | $280 | $16 | $84 | $928 | $77 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Price information does not factor in specific location information which can change coverage prices significantly.
Based on the above data, using a $100 deductible costs approximately $20 more each month or $240 for a full year than opting for the higher $500 deductible. Because you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you go at a minimum 20 months between claims, you would most likely save money by selecting a higher deductible.
Protect your Toyota Sienna and other assets
Despite the potentially high cost of Toyota Sienna insurance, maintaining insurance is a good idea for several reasons.
- Just about all states have minimum mandated liability insurance limits which means you are required to carry a specific minimum amount of liability coverage if you drive a vehicle. In Indiana 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.
- If your Toyota has a loan, almost all lenders will require that you buy insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Toyota for a lot more money and force you to pay the higher price.
- Insurance safeguards your Toyota and your assets. Insurance will also pay for many types of medical costs for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if anyone sues you for causing an accident. If your Toyota gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of having insurance are definitely more than the cost, especially for larger claims. An average driver in America is currently overpaying as much as $825 a year so compare quotes from several companies at every policy renewal to make sure the price is not too high.
How Your Sienna Insurance Premiums are Determined
Many different elements are used when you get a price on insurance. Some factors are common sense like a motor vehicle report, but some are not as apparent such as your credit history or your commute time. It’s important that you understand the different types of things that help calculate your car insurance rates. When consumers understand what controls the rates you pay, this allows you to make educated decisions that can help you get lower premium levels.
Shown below are a few of the things utilized by car insurance companies to help set premiums.
Low mileage costs less – Driving more miles each year the more you’ll pay to insure it. A lot of insurance companies calculate rates based upon how you use the vehicle. Autos that have low annual miles get more affordable rates than vehicles that are driven to work every day. Double check that your car insurance policy states annual mileage, because it can save money. Improper usage on your Sienna can result in significantly higher rates.
Avoid unnecessary extra coverages – There are a ton of add-on coverages you can purchase when buying car insurance. Coverages like replacement cost coverage, towing, and extra life insurance coverage are some examples. You may think they are a good idea when you first buy your policy, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
Tickets hurt – Good drivers pay lower auto insurance prices than bad drivers. Only having one citation may increase your cost to the point where it’s not affordable. Drivers who have received careless citations like reckless driving, hit and run or driving under the influence may find that they have to to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.
The information below shows how speeding tickets and at-fault fender-benders can influence Toyota Sienna insurance premiums for different age groups of insureds. The rates are based on a married female driver, full coverage, $250 deductibles, and no additional discounts are factored in.
Premiums drop with age – Beginning drivers in Indiana are statistically shown to be easily distracted with other occupants in the car and because of this, their car insurance rates are much higher. Parents adding a youthful driver to your car insurance policy will cause a huge premium hike. Older, more experienced drivers are proven to be safer behind the wheel, cost insurance companies less in claims, and are generally more financially stable.
The following chart is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.
GPS tracking and theft deterrents lowers prices – Choosing a vehicle with an alarm system can save you some money. Systems that thwart thieves like vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent auto theft and help lower rates.
Cars with good safety ratings are cheaper to insure – Cars with five star safety ratings are cheaper to insure. Vehicles built for safety help reduce the chance of injuries in an accident and any reduction in injury severity translates into savings for insurance companies and cheaper rates on your policy.
Your career may increase premiums – Did you know your job can affect your rates? Occupational choices like lawyers, social workers, and stock brokers generally pay higher premiums than the average policyholder because of stressful work requirements and incredibly demanding work hours. Conversely, occupations like professors, engineers and homemakers get better rates.
Get cheaper premiums after the wedding – Having a significant other can get you a discount when buying car insurance. Having a significant other is viewed as being more stable financially and it’s statistically proven that married couples file fewer claims.
Toyota Sienna statistical loss data – Companies use past insurance losses when they file their rates in each state. Vehicles that are shown to have higher losses will cost more for specific coverages. The table below outlines the loss history for Toyota Sienna vehicles.
For each coverage type, the loss probability for all vehicles, regardless of make, model or trim level, is equal to 100. Values under 100 indicate better than average losses, while percentage values above 100 point to more claims or tendency to have higher losses.
| Specific Toyota Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Sienna 2WD | 99 | 88 | 99 | 94 | 98 | 85 |
| Toyota Sienna 4WD | 106 | 94 | 102 | 75 | 65 | 73 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Cheaper Indianapolis car insurance rates with discounts
Some insurers do not advertise every discount they offer very well, so the next list breaks down both the well known and the more hidden credits available to lower your premiums when you buy Indianapolis auto insurance online. If you are not receiving all the discounts possible, you could be saving more on your car insurance.
- Indianapolis Homeowners Discount – Owning a home in Indianapolis can earn you a little savings since owning and maintaining a home demonstrates responsibility.
- Discounts for Seat Belt Usage – Drivers who require all occupants to use their safety belts could cut 10% or more off PIP or medical payments premium.
- Full Payment Discount – If you can afford to pay the entire bill rather than spreading payments over time you can avoid monthly service charges.
- Air Bags and Passive Restraints – Factory options such as air bags and/or automatic seat belt systems may earn rate discounts of 25 to 30%.
- Include Life Insurance and Save – Not every insurance company offers life insurance, but if they do you may earn lower premium rates if you buy life insurance.
- Employee of Federal Government – Employees or retirees of the government can save as much as 8% with a few car insurance companies.
- Military Discounts – Being deployed with a military unit could be rewarded with lower rates.
- Paperless Signup – Some car insurance companies give back up to $50 for signing up over the internet.
We need to note that most discount credits are not given to the whole policy. Most only cut specific coverage prices like liability and collision coverage. Just because it seems like you could get a free car insurance policy, companies don’t profit that way. But all discounts will help lower your overall premium however.
The chart below shows the difference between Toyota Sienna car insurance rates with and without discounts applied to the rates. The rates are based on a male driver, no claims, a clean driving record, Indiana state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, claim-free, multi-policy, and safe-driver discounts applied.
A few of the larger companies and the discounts they provide are outlined below.
- GEICO has discounts for driver training, military active duty, emergency military deployment, seat belt use, multi-vehicle, good student, and air bags.
- SAFECO discounts include accident prevention training, homeowner, anti-theft, teen safety rewards, safe driver, bundle discounts, and anti-lock brakes.
- State Farm offers premium reductions for passive restraint, anti-theft, accident-free, Drive Safe & Save, good driver, and driver’s education.
- MetLife may have discounts that include claim-free, good driver, good student, accident-free, multi-policy, defensive driver
- 21st Century policyholders can earn discounts including teen driver, air bags, anti-lock brakes, theft prevention, good student, defensive driver, and driver training.
- Progressive may include discounts for homeowner, online signing, multi-policy, good student, online quote discount, and continuous coverage.
Before you buy a policy, ask all the companies the best way to save money. Discounts might not be offered on policies in Indianapolis.
Compare prices but still have a local neighborhood Indianapolis car insurance agent
A small number of people would rather buy from a licensed agent and doing so can bring peace of mind Good insurance agents can answer important questions and will help you if you have claims. The biggest benefit of comparing insurance online is the fact that you can find lower rates and still choose a local agent.
To find an agent, once you fill out this quick form, your coverage information is emailed to participating agents in Indianapolis who will give you bids for your insurance coverage. You won’t even need to search for any insurance agencies since rate quotes are delivered to the email address you provide. If you want to compare rates from a specific insurance provider, you would need to navigate to their website and complete a quote there.
Selecting an provider shouldn’t rely on just the quoted price. Any agent in Indianapolis should be forthright in answering these questions:
- Which insurance company do they prefer to write with?
- Is the agency involved in supporting local community causes?
- What companies can they write with?
- Do they regularly work with personal auto policies in Indianapolis?
- Can glass repairs be made at your home?
- How much can you save by raising your physical damage deductibles?
What types of car insurance agents are in Indianapolis?
If you want to buy insurance from a good insurance agency, it helps to know the two types of insurance agents to choose from. Agents in Indianapolis can be described as either exclusive agents or independent agents. Either one can handle insurance, but it’s important to know the difference between them since it can impact buying decisions.
Exclusive Insurance Agencies
Exclusive insurance agents generally can only insure with one company such as Allstate, State Farm and Farmers Insurance. They usually cannot compare other company’s rates so always compare other rates. Exclusive agencies are usually quite knowledgeable on what they offer which can be an advantage. Many people buy from exclusive agents primarily because of the prominence of the brand rather than having the cheapest rates.
The following are exclusive insurance agents in Indianapolis that can give you rate quotes.
- Charlotte Adams-Jones – State Farm Insurance Agent
5034 E 56th St – Indianapolis, IN 46226 – (317) 252-5933 – View Map - Tia Walker – State Farm Insurance Agent
2169 Glebe St #100a – Carmel, IN 46032 – (317) 890-1200 – View Map - Phil Kunkel – State Farm Insurance Agent
5510 S East St d – Indianapolis, IN 46227 – (317) 783-3127 – View Map
Independent Insurance Agents
These type of agents are appointed with more than one company so as a result can place your coverage with a variety of different insurance companies and get the cheapest rates. If your premiums go up, your policy is moved internally and you can keep the same agent.
When comparing rate quotes, you will definitely want to get several quotes from at a minimum one independent agency to maximize your price options. Many independent agencies also insure through small mutual carriers that can offer cheaper rates than bigger companies.
The following are independent agents in Indianapolis that are able to give price quotes.
- McClain Matthews Insurance
6329 Hollister Dr – Indianapolis, IN 46224 – (317) 298-7500 – View Map - Gregory and Appel Insurance
1402 N Capitol Ave #400 – Indianapolis, IN 46202 – (317) 634-7491 – View Map - Steffey Hatoway Insurance
8365 Keystone Crossing #202 – Indianapolis, IN 46240 – (317) 334-3743 – View Map
Do the work, save more money
People who switch companies do it for a number of reasons such as being labeled a high risk driver, not issuing a premium refund, lack of trust in their agent and even high prices. Regardless of your reason, finding a new auto insurance company can be less work than you think.
Lower-priced Toyota Sienna insurance in Indianapolis is definitely available online and from local agencies, so you should be comparing quotes from both to get a complete price analysis. Some companies do not provide rates over the internet and most of the time these regional carriers only sell coverage through independent insurance agencies.
We just presented quite a bit of information on how to shop for Toyota Sienna insurance online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding inexpensive Indianapolis auto insurance quotes. You may even discover the lowest car insurance rates come from a small local company.
Steps to buying affordable Toyota Sienna insurance in Indianapolis
To save the most money, the best way to find low-cost auto insurance rates in Indianapolis is to regularly compare price quotes from insurers who sell auto insurance in Indiana. This can be done by following these steps.
- Read about how insurance works and the measures you can control to prevent rate increases. Many things that cause high rates such as careless driving and poor credit history can be improved by making minor changes in your lifestyle.
- Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while independent agents can provide prices from multiple companies. View prices
- Compare the quotes to the premium of your current policy to see if switching to a new carrier will save money. If you can save some money and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Provide notification to your current agent or company of your intention to cancel your existing policy. Submit the completed application along with a down payment for your new policy. As soon as you receive it, place the new proof of insurance certificate in a readily accessible location in your vehicle.
A good piece of advice is to use identical coverages on every quote request and and to get rates from as many companies as you can. This guarantees a fair rate comparison and a complete selection of prices.
To read more, feel free to browse the resources below:
- Vehicle Safety Ratings (iihs.org)
- Who Has Cheap Auto Insurance for Real Estate Agents in Indianapolis? (FAQ)
- How Much are Indianapolis Auto Insurance Quotes for Low Mileage Drivers? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers with Good Credit in Indianapolis? (FAQ)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Reducing Your Risks in a Car Crash Video (iihs.org)