How Much Does 2015 Toyota RAV4 Insurance Cost?

Searching for cheaper insurance for your Toyota RAV4 can turn out to be a painful process, but you can follow a few tricks and make it easy.

There is a right way and a wrong way to compare car insurance rates so we’re going to tell you the quickest way to quote coverages for a new or used Toyota and find the best price possible.

It’s a great practice to take a look at other company’s rates occasionally due to the fact that insurance rates change regularly. Even if you think you had the best rates for RAV4 insurance on your last policy you can probably find a lower rate today. So just block out anything you think you know about car insurance because it’s time to teach you the only way to lower your annual insurance bill.

Insurance Coverage Prices

Effectively comparing insurance coverage prices can be challenging if you don’t know the most efficient way to do it. You can spend your afternoon discussing policy coverages with insurance agencies in your area, or you can stay home and use online quoting to get the quickest rates.

Most of the larger companies belong to a marketplace where insurance shoppers submit one quote, and every company can give them a price for coverage. This saves time by eliminating quote requests for each company you want a rate for. To find out what other companies charge for 2015 Toyota RAV4 insurance click here to start a free quote.

The one downside to comparing rates this way is buyers cannot specifically choose the insurers to get pricing from. So if you want to select from a list of companies to compare, we have assembled a list of companies who write insurance coverage in your area. Click to view list.

It doesn’t matter which method you choose, just compare exactly the same coverages and limits with each company. If the quotes have different values for each quote it will be impossible to truly determine the lowest rate.

Don’t pay full price with these discounts

Car insurance can cost a lot, buy you may qualify for discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time of purchase, but some may not be applied and must be asked for before being credited. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Good Students Pay Less – This discount can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • Claim Free – Drivers who don’t have accidents can save substantially when compared to frequent claim filers.
  • Defensive Driving Course – Taking part in a course teaching defensive driving skills can save you 5% or more if you qualify.
  • Driver’s Ed – Require your teen driver to complete a driver education course in high school.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up prior to your current policy expiration. The savings is around 10%.
  • Multi-policy Discount – When you have multiple policies with one company you may save approximately 10% to 15%.
  • Service Members Pay Less – Having a deployed family member could mean lower rates.
  • Paperless Signup – A few companies will give a small break for buying a policy and signing up digitally online.
  • Theft Prevention Discount – Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Homeowners Pay Less – Being a homeowner can help you save on car insurance because of the fact that having a home is proof that your finances are in order.

It’s important to understand that some of the credits will not apply the the whole policy. A few only apply to individual premiums such as collision or personal injury protection. So even though it sounds like you could get a free car insurance policy, companies wouldn’t make money that way. Any qualifying discounts will cut your premiums.

For a list of insurance companies with the best car insurance discounts, click here.

Your personal situation dictates your coverage

When buying the right insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique.

These are some specific questions may help you determine whether you would benefit from professional advice.

  • Is a fancy paint job covered?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Why does it cost so much to insure a teen driver?
  • Should I have a commercial auto policy?
  • Am I covered when delivering products for my home-based business?
  • Do I benefit by insuring my home with the same company?
  • If my pet gets injured in an accident are they covered?
  • Do I need motorclub coverage?

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. If you don’t have a local agent, simply complete this short form. It is quick, free and may give you better protection.

Factors that can influence Toyota RAV4 insurance rates

Smart consumers have a good feel for the rating factors that play a part in calculating insurance rates. Having a good understanding of what influences your rates allows you to make educated decisions that can help you get much lower annual insurance costs.

  • Older drivers pay less – Older drivers are more cautious drivers, file fewer claims and are safer drivers. Youthful drivers are known to be more careless behind the wheel and because of this, their insurance rates are much higher.
  • Extra add-on coverages are wasting money – There are a ton of extra coverages that you can get tricked into buying if you aren’t careful. Coverages for personal injury protection, accidental death and additional equipment coverage may be costing you every month. These coverages may sound good when talking to your agent, but now you might not need them so eliminate them to save money.
  • Marriage pays dividends – Having a spouse helps lower the price when buying insurance. Having a spouse means you’re more responsible and statistics show drivers who are married are more cautious.
  • Proper usage rating affects rates – The more you drive each year the higher your rate. Most companies charge to insure your cars based on their usage. Cars left parked in the garage can get a lower rate than those used for commuting. Make sure your insurance policy properly reflects the correct driver usage, because it can save money. If your policy improperly rates your RAV4 can cost quite a bit.

Auto insurance coverages

Having a good grasp of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Collision coverage

This coverage will pay to fix damage to your RAV4 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as hitting a parking meter, backing into a parked car, damaging your car on a curb, crashing into a building and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses for dental work, prosthetic devices and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Auto liability

This can cover damage that occurs to other’s property or people that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like repair bills for other people’s vehicles, emergency aid, repair costs for stationary objects and attorney fees. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as damage from flooding, a broken windshield and hitting a bird. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Make an honest buck

Consumers switch companies for a variety of reasons including lack of trust in their agent, high prices, an unsatisfactory settlement offer and poor customer service. Regardless of your reason, finding a great new company is pretty easy and you might even save some money in the process.

As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. Too many times, drivers have reduced collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to get the best coverage possible at the best price while still protecting your assets.

Throughout this article, we presented many tips how you can get a better price on 2015 Toyota RAV4 insurance. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest priced insurance coverage comes from some of the lesser-known companies.

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