Driving a spacious and rugged 2019 Toyota Highlander or a nimble and efficient 2019 Toyota Camry from our Waite Park, MN Toyota dealership is a great experience, but it’s important that you choose the right insurance plan to protect your investment. Here at St. Cloud Toyota, our team over at our Toyota finance center can help guide you in the right direction when it comes to finding the best insurance policy to protect yourself financially.

Why Car Insurance Is Important

So why exactly is car insurance so important? For one, it’s a legal requirement to have liability insurance to drive anywhere in the U.S. But beyond this minimum requirement, it’s wise to give yourself some financial protection in case the worst happens and you are in an accident. Your insurance will help foot the bill if you are in a collision, both for the repairs to your car and for the other driver’s car if the accident was your fault.

What’s the alternative to car insurance? Well, the alternative to car insurance is the way accidents were handled in the past, where drivers would have to invest their own money going to court to determine who was at fault and to figure out compensation. Thankfully, insurance companies sort out these claims so nobody has to waste money hiring lawyers to settle automotive accidents disputes.

Insurance Coverage Options

The baseline requirement for insurance is a liability insurance policy, which ensures that the other driver will be compensated if you are at fault for a collision. Other insurance policies offer further coverage for different types of situations.

Collision: This plan will help cover the costs for repairs when you get into an accident with another vehicle.

Gap Insurance: If your car is totaled and you still owe more on your car than it’s currently worth, which is common for long finance terms for brand new cars, this plan will compensate you for what you still owe.

Uninsured Motorist: If another driver causes an accident and was illegally driving without liability insurance, this policy will ensure that you are still covered.


To learn more about wise financial moves to make when buying a Toyota car, visit or contact our Toyota dealership near St. Cloud, MN today!