Toyota Sienna drivers can take advantage of many types of auto insurance policies. Two of the more popular ones include state minimum liability and full coverage.
State minimum liability includes bodily injury and property damage liability. In contrast, full coverage offers first-party benefits above and beyond state minimum liability, inclusive of collision and comprehensive coverage, which protects against a broader range of scenarios.
Let’s go over each of them in greater detail below:
We recommend opting for full over a state minimum liability policy for enhanced financial protection and potential loan/lease requirements.
As for enhanced financial protection, this offers a nice buffer through third-party benefits like liability and first-party benefits like collision and comprehensive, which pays for damages due to vehicle-to-vehicle, vehicle-to-object, rollover, and non-collision related events like theft and vandalism.
You can always add personal injury protection (PIP) or medical payments (MedPay) coverage, which helps even more to pay for damages due to lost wages, rehabilitation costs, and medical expenses for you and your fellow passengers (no matter who is at fault). They may also be required by your state.
Lastly, remember loan or lease requirements. Sometimes lending or leasing companies require you to carry full coverage to preserve their investment better. For example, failing to obtain a full coverage policy while leasing a Toyota Sienna may result in penalties and a breach of contract.
State Minimum Liability
To drive legally, you must have an active auto insurance policy with the minimum liability limits required by your state.
Every state has minimum liability requirements. For example, Colorado requires liability limits of $25,000 in bodily injury per person, $50,000 in bodily injury liability per accident, and $15,000 in property damage liability per accident.
In turn, Kansas adds a $4,500 personal injury protection (PIP) limit with required liability limits of $25,000 in bodily injury per person, $50,000 in bodily injury liability per accident, $25,000 in property damage liability per accident, $25,000/$50,000 in uninsured motorist coverage per person/accident, and $4,500 in PIP benefits.
Whenever possible, a full coverage policy is recommended over a state minimum liability policy. State minimum liability policies only provide third-party benefits, covering the cost of injuries and damages sustained by others in an accident you are responsible for.
In turn, full coverage policies offer first-party benefits like collision and comprehensive, paying for your injuries and damages due to a broader range of scenarios, such as vehicle-to-vehicle, vehicle-to-object, and rollover collisions.