Save on 2010 Toyota RAV4 Insurance Quotes

Trying to find cheaper insurance rates for your Toyota RAV4? I can’t think of a single person who enjoys paying for insurance, in particular when they are paying too much. You have so many insurance companies to choose from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to get the best deal.

Compare Quotes for Car Insurance

Finding a lower price on 2010 Toyota RAV4 insurance is not rocket science. You just need to spend a little time comparing rate quotes online from several insurance companies. This can be accomplished in several different ways.

The single most time-saving way to find low rates is to use a rate comparison form (click to open form in new window). This easy form keeps you from doing boring form submissions for every car insurance company. Completing one form gets rate comparisons from several companies.

A more time consuming way to get quotes online requires a trip to the website for every company you want to comare and fill out their own quote form. For instance, we’ll pretend you want to compare Farmers, Geico and Allstate. To get each rate you have to go to every website to input your insurance information, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

The most time-consuming method to compare rates is to spend your day driving to local insurance agencies. The internet can eliminate the need for a local agent unless you have a need for the professional advice only provided by licensed agents. However, consumers can price shop your coverage online and still use a local agent and we’ll touch on that later.

It doesn’t matter which method you choose, just make sure you use the exact same coverage limits with every price quote. If your comparisons have different values for each quote you will not be able to make a fair comparison for your Toyota RAV4.

Do you qualify for discounts?

Insuring your vehicles can cost a lot, but there could be available discounts to reduce the price significantly. Certain discounts will be applied at the time of quoting, but less common discounts must be asked for prior to receiving the credit. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Government Employees – Simply working for the federal government can earn a discount up to 10% for RAV4 insurance with certain companies.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Save over 55 – If you’re over the age of 55, you may qualify for reduced rates for RAV4 insurance.
  • Homeowners Pay Less – Owning a house may trigger a insurance policy discount because of the fact that having a home shows financial diligence.
  • Multiple Vehicles – Buying coverage for multiple vehicles on the same insurance policy could earn a price break for each car.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save up to 15% off your PIP or medical payments premium.
  • Student in College – Kids in college living away from home attending college without a vehicle on campus can receive lower rates.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with discounted rates on garaged vehicles.
  • Early Switch Discount – A few companies offer discounts for signing up prior to your current policy expiring. It’s a savings of about 10%.

It’s important to understand that some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, insurance companies aren’t that generous. Any amount of discount will bring down the cost of coverage.

To see a list of insurers who offer insurance discounts, follow this link.

Factors that might impact rates for a Toyota RAV4

Consumers need to have an understanding of the rating factors that play a part in calculating your insurance rates. Knowing what impacts premium levels enables informed choices that can help you get lower insurance prices.

Shown below are a partial list of the pieces insurance companies consider when setting your rates.

  • Do you have enough liability coverage? – Your policy’s liability coverage is the coverage that protects you if ever a court rules you are at fault for personal injury or accident damage. It provides for a legal defense up to the limits shown on your policy. This coverage is very inexpensive as compared to coverage for physical damage, so do not skimp.
  • Your car’s features help determine rates – Owning a car with anti-theft technology or alarm system can get you a discount on your insurance. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your car from being stolen.
  • Safer cars cost less to insure – Vehicles with good safety scores can get you lower premiums. Safer cars result in less severe injuries and any reduction in injury severity means lower claim amounts and lower rates for you. If your Toyota RAV4 scored better than four stars on Safercar.gov it may be receiving lower rates.
  • Don’t buy coverages you don’t need – There are quite a few additional coverages that can waste your money on your RAV4 policy. Coverages for rental car reimbursement, accident forgiveness and term life insurance may be wasting your money. These coverages may sound good initially, but if they’re wasting money eliminate them to save money.
  • Pay less after the wedding – Having a spouse actually saves money on insurance. Having a significant other usually means you are more responsible and it’s statistically proven that married couples file fewer claims.
  • Males pay more for insurance – Statistics demonstrate that women are safer drivers than men. Now that doesn’t mean men are worse drivers. Women and men are in accidents at a similar rate, but men tend to have more serious accidents. Men also get cited for more serious violations like DUI and reckless driving.

Don’t assume everyone needs the same coverage

When it comes to choosing coverage for your vehicles, there really is not a best way to insure your cars. Each situation is unique so this has to be addressed. These are some specific questions can help discover whether or not you may require specific advice.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered if I hit my neighbor’s mailbox?
  • Should I get collision insurance on every vehicle?
  • Am I covered if I break a side mirror?
  • Do I need special endorsements for business use of my vehicle?
  • How do I buy GAP insurance?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

The fine print in insurance coverage ads

Drivers can’t ignore all the ads for the lowest price auto insurance by State Farm, Allstate and Geico. All the companies say the same thing of big savings if you change to their company.

How does each company say the same thing?

All companies have a certain “appetite” for the type of driver that earns them a profit. For instance, a profitable customer might be over the age of 50, insures multiple vehicles, and has a high credit rating. Any new insured who meets those qualifications receives the best rates and most likely will save when switching.

Drivers who do not match these standards will be charged a higher premium which leads to business going elsewhere. The ads state “customers that switch” not “everybody who quotes” save that much. That’s the way companies can truthfully make those claims.

That is why you need to compare as many rates as you can. It’s just too difficult to predict which insurance companies will give you the biggest savings on Toyota RAV4 insurance.

Parts of your auto insurance policy

Knowing the specifics of your auto insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages found on most auto insurance policies.

Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like hitting a parking meter, scraping a guard rail and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2010 Toyota RAV4.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Liability auto insurance – Liability coverage will cover damage or injury you incur to people or other property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like structural damage, attorney fees and medical services. How much coverage you buy is your choice, but consider buying higher limits if possible.

Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from getting keyed, rock chips in glass, a broken windshield and falling objects. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical expense insurance – Med pay and PIP coverage reimburse you for immediate expenses like prosthetic devices, funeral costs, X-ray expenses, ambulance fees and hospital visits. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Spend less. Save more.

As you restructure your insurance plan, make sure you don’t buy poor coverage just to save money. There are too many instances where someone dropped uninsured motorist or liability limits only to regret at claim time that it was a big mistake. Your goal should be to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

Throughout this article, we presented many tips how you can get a better price on 2010 Toyota RAV4 insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. You may be surprised to find that the biggest savings come from a company that doesn’t do a lot of advertising. These companies may often insure only within specific states and give getter rates than their larger competitors like State Farm, Geico and Nationwide.

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