Toyota Auto Insurance expands to Texas

Toyota Auto Insurance expands to Texas

By Dave LaChance
on
Announcements | Insurance

Toyota Auto Insurance (TAI), the OEM’s branded insurance product launched in December, is now being sold in Texas — the nation’s second largest insurance market, the company has announced. The coverage applies to vehicles built by Toyota and other manufacturers and includes a rider stipulating the use of OEM parts in repairs, when available, unless the customer opts out.

TAI described the news as a “major milestone” for the product, which is now available in eight states: Illinois, Indiana, Ohio, South Carolina, Arizona, Missouri, Tennessee, and Texas.

“Not only is Texas the nation’s second most populous state, it’s also home to Toyota’s North American headquarters and Toyota Motor Manufacturing, Texas (TMMTX),” the company said in a press release. The San Antonio factory produces the Toyota Tundra full-size pickup truck and Sequoia SUV.

When the product was launched, Vincent Bray, a vice president with Toyota Financial Services, told Repairer Driven News that the use of OEM parts “is one of the key benefits of Toyota Auto Insurance and is particularly appealing to customers. When customers contact us, this feature is something we highlight as one of the many great reasons to select this product.”

Bray said customers are quoted a starting price that includes the OEM parts endorsement for vehicles 10 years old and newer. The customer has the choice to remove the endorsement, as well as the choice to add it to non-Toyota vehicles that are less than 10 years of age, he said.

Without the endorsement in effect, the standard policy states that payment will be made for “like kind and quality parts,” which might come from “other sources such as manufacturers or suppliers of rebuilt parts, quality recycled (used) parts suppliers and

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Toyota Auto Insurance Is Now Available In Texas

After introducing its new insurance product in 2021 to select markets,  Toyota is now offering Toyota Auto Insurance to customers in Texas.  Toyota says expanding into the Lone Star State is a major milestone for Toyota Auto Insurance.  We can see why.   Texas is home to Toyota’s North American headquarters and Toyota Motor Manufacturing, Texas (TMMTX).  Toyota builds the new Toyota Tundra full-size pickup truck and Sequoia three-row SUV at its truck plant in San Antonio.

The automaker says Toyota Auto Insurance offers customers “quality, customizable coverage at affordable rates.” Toyota Auto Insurance is a partnership with Toggle, part of Farmers Insurance, one of the nation’s leading multiline insurer groups. Toyota says customers also receive an immediate upfront 5% discount and options like Toyota Genuine Parts for repairs when available. The insurance also works with Toyota Certified Collision Centers to get customers back on the road as quickly as possible. It also seamlessly integrates with Toyota vehicle benefits such as ToyotaCare Roadside Assistance, so customers can avoid paying for something their Toyota may already provide.insurance–texas-credit-toyota.jpg” alt=”toyota-insurance-texas-credit-toyota” width=”300″ height=”180″ style=”height: auto; max-width: 100%; width: 300px; float: right; margin: 0px 0px 0px 10px;”/

You can look at policy options multiple ways: via Toyota’s mobile app,  a call center agents, a participating Toyota dealerships or via ToyotaAutoInsurance.com. 

Toyota says customers can customize their plan based on how they use their Toyota vehicle and their lifestyle.  A wide range of options includes coverage for rideshare drivers or pet passengers. Non-Toyota vehicles in the customer’s household can be covered as well. Toyota Auto Insurance is underwritten in Texas by Texas County Mutual Insurance Company.

“We’re thrilled to expand Toyota Auto Insurance to customers in our home state,” said Rob Spencer, Toyota Insurance chief operating officer.

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