User Tag List

Reply
 
Thread Tools Rate Thread Display Modes
Old 05-28-2019, 01:15 PM #1
TonyB66's Avatar
TonyB66 TonyB66 is offline
Senior Member
 
Join Date: Sep 2017
Location: South SF Bay, CA
Posts: 1,758
Real Name: Tony (no surprise)
TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light
TonyB66 TonyB66 is offline
Senior Member
TonyB66's Avatar
 
Join Date: Sep 2017
Location: South SF Bay, CA
Posts: 1,758
Real Name: Tony (no surprise)
TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light
Your 3rd gen insurance rates rising?

Just scheduled payments with my insurance company (State Farm) and noticed yet another increase for the 3rd gen. Up about 45% from two payments earlier.

I inquired with my agent and got this response:

It’s so weird, certain vehicles sustain or cause more damage in an accident. The popular 4 Runner is one of them.

We see that trend too where as your DD didn’t change in premium. Has nothing to do with your household driving record; rather the rating of that individual vehicle in claim occurrences across the board.


So, you also then?
__________________
2000 Limited, E-locker
Maintenance/Build Thread
TonyB66 is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 01:20 PM #2
Hopeless Diamond's Avatar
Hopeless Diamond Hopeless Diamond is offline
Member
 
Join Date: Nov 2017
Location: Chumstick WA
Posts: 376
Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about
Hopeless Diamond Hopeless Diamond is offline
Member
Hopeless Diamond's Avatar
 
Join Date: Nov 2017
Location: Chumstick WA
Posts: 376
Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about
Yep, same here. '96 4Runner is the same as my wife's 2016 JK Rubicon. Got basically the same answer.
Hopeless Diamond is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 01:22 PM #3
TonyB66's Avatar
TonyB66 TonyB66 is offline
Senior Member
 
Join Date: Sep 2017
Location: South SF Bay, CA
Posts: 1,758
Real Name: Tony (no surprise)
TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light
TonyB66 TonyB66 is offline
Senior Member
TonyB66's Avatar
 
Join Date: Sep 2017
Location: South SF Bay, CA
Posts: 1,758
Real Name: Tony (no surprise)
TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light
Quote:
Originally Posted by Hopeless Diamond View Post
Yep, same here. '96 4Runner is the same as my wife's 2016 JK Rubicon. Got basically the same answer.
Thanks man. Curious, also State Farm?
__________________
2000 Limited, E-locker
Maintenance/Build Thread
TonyB66 is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 01:58 PM #4
eddielasvegas eddielasvegas is offline
Member
 
Join Date: Nov 2018
Location: Snottsdale, AZ
Posts: 500
Real Name: Eddie
eddielasvegas has a spectacular aura about eddielasvegas has a spectacular aura about
eddielasvegas eddielasvegas is offline
Member
 
Join Date: Nov 2018
Location: Snottsdale, AZ
Posts: 500
Real Name: Eddie
eddielasvegas has a spectacular aura about eddielasvegas has a spectacular aura about
That is an insurance companies pat answer and easy way for them to justify an increase with no way of you proving otherwise. If they raised your rates and cited your claim history as the reason, that is very to to prove or disprove. We are all at the mercy of insurance companies to a large degree.

Here's something else to consider: look at the breakdown between comp, collision and liability. I noticed this change a couple years ago.

I think you'll find insurance companies got smart and started shifting the bigger expense to liability as all cars carry that.

5-6 years ago, my older Miata premium was ~$500/year with < $200 to liability and the balance to other areas. Now, the reverse is true. Guess what? Every car now has that higher liability coverage, but not all have a comp/collision, or the higher premium associated with that.

The bottom line is they get the gold mine and we get the shaft. I'd do it the same way if I owned an insurance company.


Eddie
__________________
2001 T4R SR5 - 180k miles and counting.

Last edited by eddielasvegas; 05-28-2019 at 02:00 PM.
eddielasvegas is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 02:06 PM #5
T4R2014's Avatar
T4R2014 T4R2014 is offline
Elite Member
 
Join Date: Jun 2011
Location: Shangrila
Posts: 5,037
T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold
T4R2014 T4R2014 is offline
Elite Member
T4R2014's Avatar
 
Join Date: Jun 2011
Location: Shangrila
Posts: 5,037
T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold T4R2014 is a splendid one to behold
Insurance is scamming you. What else is new?
T4R2014 is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 02:11 PM #6
thegipper's Avatar
thegipper thegipper is offline
Senior Member
 
Join Date: Mar 2016
Location: West Bend, WI
Posts: 2,339
Real Name: Mike
thegipper is a jewel in the rough thegipper is a jewel in the rough thegipper is a jewel in the rough
thegipper thegipper is offline
Senior Member
thegipper's Avatar
 
Join Date: Mar 2016
Location: West Bend, WI
Posts: 2,339
Real Name: Mike
thegipper is a jewel in the rough thegipper is a jewel in the rough thegipper is a jewel in the rough
We just renewed our insurance on the 4runner and it's 95ish bucks for 6 months (Statefarm, liability only). It hasn't changed in the few years that I've had it.

My Camry has gone up a couple times and they basically told me the same BS answer.
__________________
1997 SR5 4x4 Auto, 99' tall coils up front, OME 906's, Truetrac LSD, Airaid MIT
1999 SR5 4x4 Auto for parts
2011 Camry SE V6
2011 Highlander Limited
thegipper is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 02:17 PM #7
TonyB66's Avatar
TonyB66 TonyB66 is offline
Senior Member
 
Join Date: Sep 2017
Location: South SF Bay, CA
Posts: 1,758
Real Name: Tony (no surprise)
TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light
TonyB66 TonyB66 is offline
Senior Member
TonyB66's Avatar
 
Join Date: Sep 2017
Location: South SF Bay, CA
Posts: 1,758
Real Name: Tony (no surprise)
TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light TonyB66 is a glorious beacon of light
Quote:
Originally Posted by thegipper View Post
We just renewed our insurance on the 4runner and it's 95ish bucks for 6 months (Statefarm, liability only). It hasn't changed in the few years that I've had it.

My Camry has gone up a couple times and they basically told me the same BS answer.
After a few months on full coverage upon ownership, I went liability only too. The trend (6 month coverage periods):

$164 -> $180 -> $238 (due in July)

Quite a big difference, but I'm in the south Bay Area of California. Of note, I have mine on minimal mileage, I think not to exceed 2,500 a year. I do maybe half of that now...
__________________
2000 Limited, E-locker
Maintenance/Build Thread
TonyB66 is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 02:22 PM #8
Hopeless Diamond's Avatar
Hopeless Diamond Hopeless Diamond is offline
Member
 
Join Date: Nov 2017
Location: Chumstick WA
Posts: 376
Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about
Hopeless Diamond Hopeless Diamond is offline
Member
Hopeless Diamond's Avatar
 
Join Date: Nov 2017
Location: Chumstick WA
Posts: 376
Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about Hopeless Diamond has a spectacular aura about
Safeco here.
Hopeless Diamond is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 02:30 PM #9
T4topher's Avatar
T4topher T4topher is offline
Member
 
Join Date: Sep 2018
Location: San Francisco Ca
Posts: 872
T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light
T4topher T4topher is offline
Member
T4topher's Avatar
 
Join Date: Sep 2018
Location: San Francisco Ca
Posts: 872
T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light T4topher is a glorious beacon of light
Usually when they start raising the rate especially if it’s by 45% I switch insurance companies. It’s kind of a hassle but it’s worth it imo.
__________________
T4Tophers build (click here)
T4topher is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 02:48 PM #10
TCMach's Avatar
TCMach TCMach is offline
Senior Member
 
Join Date: Apr 2012
Location: Roaring Fork Valley
Posts: 1,521
Real Name: Tyler
TCMach will become famous soon enough
TCMach TCMach is offline
Senior Member
TCMach's Avatar
 
Join Date: Apr 2012
Location: Roaring Fork Valley
Posts: 1,521
Real Name: Tyler
TCMach will become famous soon enough
Mine is identical. Only change in my insurance is another vehicle....
__________________
My build:TCMachs build
2000 4Runner:Kings, 37s, lockers
2018 TRD OR:stock and staying that way
TCMach is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 04:03 PM #11
drallan drallan is offline
Member
 
Join Date: Jun 2013
Location: Maryland
Posts: 135
drallan is on a distinguished road
drallan drallan is offline
Member
 
Join Date: Jun 2013
Location: Maryland
Posts: 135
drallan is on a distinguished road
I didn't look into the specifics as to why my premiums increased, but I noticed a significant 33% increase this year when my policy renewed. I contacted my insurance rep (they are the middle man between several underwritters), and she was able to find me another provider with equivalent coverage back at my old premium price. I switched both home and auto over to the new company and am now saving about $150 a month after premium increase, about $50 mo pre rate hike.
drallan is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 05:31 PM #12
rightyouareken's Avatar
rightyouareken rightyouareken is offline
Member
 
Join Date: Feb 2019
Location: Seattle, WA
Posts: 385
rightyouareken has a spectacular aura about rightyouareken has a spectacular aura about rightyouareken has a spectacular aura about
rightyouareken rightyouareken is offline
Member
rightyouareken's Avatar
 
Join Date: Feb 2019
Location: Seattle, WA
Posts: 385
rightyouareken has a spectacular aura about rightyouareken has a spectacular aura about rightyouareken has a spectacular aura about
I haven't had my 4Runner long enough to see any change, but my 4Runner is about half the premium of my Golf R and about 20% less than my wife's 2014 RDX. My M3's coverage is similar in cost to the 4Runner, but that's a somewhat specialty insurance policy (stated value collector car insurance via Hagerty).

Looking at the price breakdown, liability is actually more on the 4Runner than either the Golf R or RDX, but comprehensive/collision is much less due to the lower value of the 4Runner compared to the vehicles.

So I guess based on that, they feel like 4Runner drivers cause more accidents and/or do more damage to others than drivers of my other vehicles.
__________________
2020 4Runner Venture
2002 4Runner SR5 4WD (sold)
1998 BMW M3/4/5
rightyouareken is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 06:17 PM #13
repo repo is offline
Senior Member
 
Join Date: Sep 2006
Location: Omaha
Posts: 1,252
repo is a glorious beacon of light repo is a glorious beacon of light repo is a glorious beacon of light repo is a glorious beacon of light repo is a glorious beacon of light
repo repo is offline
Senior Member
 
Join Date: Sep 2006
Location: Omaha
Posts: 1,252
repo is a glorious beacon of light repo is a glorious beacon of light repo is a glorious beacon of light repo is a glorious beacon of light repo is a glorious beacon of light
Yes I've noticed the same with Farm Bureau.
__________________
99 SR5 v6 4WD
11 SR5 v6 4WD
repo is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 06:33 PM #14
Mtn. Runner Mtn. Runner is offline
Junior Member
 
Join Date: Nov 2018
Location: Denver, CO
Posts: 18
Mtn. Runner is on a distinguished road
Mtn. Runner Mtn. Runner is offline
Junior Member
 
Join Date: Nov 2018
Location: Denver, CO
Posts: 18
Mtn. Runner is on a distinguished road
I work in a body shop and work on tons of 5th gen 4runners, but I rarely see a 3rd gen. Maybe a small handful throughout the year. I've been in the industry 12 years and never worked on a 3rd gen until I bought one...
Mtn. Runner is offline   Reply With QuoteReply With Quote
Old 05-28-2019, 08:28 PM #15
Js'00imited4runner's Avatar
Js'00imited4runner Js'00imited4runner is offline
Member
 
Join Date: Oct 2017
Location: Illinois
Posts: 261
Js'00imited4runner will become famous soon enough
Js'00imited4runner Js'00imited4runner is offline
Member
Js'00imited4runner's Avatar
 
Join Date: Oct 2017
Location: Illinois
Posts: 261
Js'00imited4runner will become famous soon enough
I have full coverage on my wifes '06 grand prix and my '00 limited and i'm paying $117 a month. I had a $2 increase for my next 6 month renewal..Only reason I have full coverage on mine is because the BB value is more then what I paid for it. Of course nothing can be brought down it only goes up!
Hopefully you get something figured out.
__________________
2000 Limited 4wd Millenium Silver Metallic, E rear locker, KYB Monomax All around, '99 tall coils up front with daystar 1" spacer, OME 890's in back, Weathertech Floor and cargo Mats, Track decal shackle Brackets, Satoshi grill mod (wahoo), Diff breather mod, 200k+ and still going strong!
Js'00imited4runner is offline   Reply With QuoteReply With Quote
Reply

Tags
3rd , gen , insurance , payments , trend

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rising Sun 4x4 Rally doubleroses 5th gen T4Rs 7 08-25-2016 12:36 PM
2013 Rising Sun Rally MountainGoat T4R Meet Announcements & Info 0 08-02-2013 12:55 PM
17.7 MPG and rising !!?! Aquabear 4th Gen T4Rs 8 03-21-2013 10:31 AM
Who attended the Rising Sun Rally 8/11? Ron Helmuth 3rd gen T4Rs 4 08-21-2007 10:32 AM
Insurance Rates? mikofz1 3rd gen T4Rs 12 05-21-2005 03:16 AM

Powered by vBadvanced CMPS v3.2.2

All times are GMT -4. The time now is 08:49 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO (Pro) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
***This site is an unofficial Toyota site, and is not officially endorsed, supported, authorized by or affiliated with Toyota. All company, product, or service names references in this web site are used for identification purposes only and may be trademarks of their respective owners. The Toyota name, marks, designs and logos, as well as Toyota model names, are registered trademarks of Toyota Motor Corporation***Ad Management plugin by RedTyger
 
Copyright © 2020