1998 Toyota RAV4 Car Insurance Quotes – 7 Ideas for Cheaper Rates

Want cheaper auto insurance rates for your Toyota RAV4? Finding the lowest price for auto insurance is challenging if you’re new to online price comparisons. But don’t be discouraged because using the internet to shop for auto insurance is actually quite easy.

You need to compare prices before your policy renews because prices are rarely the same from one policy term to another. Just because you had the lowest price for RAV4 insurance on your last policy you may be paying too much now. Don’t believe everything you read about auto insurance online but with this article, you’re going to get some guaranteed methods to put money back in your pocket.

Finding affordable coverage is quite easy. Essentially everyone who is required by state law to have car insurance will be able to cut their insurance bill. But car owners must understand the way companies sell insurance online.

Companies offer discounts so take them!

Car insurance companies do not list all available discounts very clearly, so the following is a list of both well-publicized and the more hidden savings tricks you should be using.

  • Early Signing – A few companies offer discounts for buying a policy before your current expiration date. This can save 10% or more.
  • E-sign – Some insurance companies give back up to $50 for buying a policy and signing up digitally online.
  • Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
  • Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
  • Employee of Federal Government – Simply working for the federal government may qualify you for a discount for RAV4 insurance with a few insurance coverage companies.
  • Good Students Pay Less – Performing well in school can earn a discount of 20% or more. The discount lasts until age 25.
  • Memberships – Affiliation with a qualifying organization could qualify you for a break when shopping for insurance coverage for RAV4 insurance.

Drivers should understand that some credits don’t apply to the overall cost of the policy. Some only apply to specific coverage prices like medical payments or collision. Even though it may seem like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

Companies that possibly offer these discounts include:

It’s a good idea to ask each company how you can save money. Some discounts might not apply in every state.

How to Compare Insurance Costs

Shopping for lower insurance rates can be a lot of work if you aren’t aware of the most efficient way. You can waste hours talking about coverages with agents in your area, or you can utilize the internet to achieve your goal.

Most of the best insurance companies belong to a marketplace where prospective buyers enter their coverage request one time, and at least one company then returns a price quote based on the submitted data. This prevents consumers from doing repetitive form submissions for every insurance company. To enter your information into the quoting system, click here (opens in new window).

The one disadvantage to doing it this way is you are unable to specify which insurance companies you will receive quotes from. So if you prefer to choose from a list of companies to compare rates, we have a listing of low cost insurance companies in your area. Click to view list.

Whichever way you use, compare exactly the same coverage limits with each company. If each company quotes different values for each quote you will not be able to truly determine the lowest rate. Just a small difference in insurance coverages could mean much higher rates. And when price shopping your coverage, having more price comparisons will improve the odds of getting better pricing.

Do I just need basic coverages?

When choosing the right insurance coverage, there really is no one size fits all plan. Each situation is unique.

For instance, these questions may help you determine if you will benefit from professional help.

  • Do I have coverage if my license is suspended?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is my trailer covered?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Am I insured when driving a different vehicle?
  • Is extra glass coverage worth it?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form.

Insurance policy coverages for a 1998 Toyota RAV4

Knowing the specifics of your policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Collision insurance

This covers damage to your RAV4 resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as hitting a parking meter, scraping a guard rail, crashing into a building, rolling your car and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Liability coverage

This coverage can cover damage that occurs to a person or their property in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like funeral expenses, medical services, bail bonds, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

This provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as vandalism, rock chips in glass, hail damage, fire damage and hitting a deer. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for bills for things like chiropractic care, dental work, X-ray expenses and surgery. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Save your cold hard cash

In this article, we covered some good ideas how to get a better price on 1998 Toyota RAV4 insurance. It’s most important to understand that the more price quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the lowest priced car insurance comes from the least-expected company.

Consumers leave their current company for a number of reasons such as extreme rates for teen drivers, policy non-renewal, high rates after DUI convictions and unfair underwriting practices. Regardless of your reason, switching companies is not as difficult as it may seem.

Cheap insurance can be sourced both online and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

Much more information about car insurance can be found below: