2007 Toyota RAV4 Insurance Quotes – 6 Discounts for Best Rates

Want cheaper auto insurance rates for your Toyota RAV4? People new to buying insurance online might discover purchasing low-cost auto insurance nearly impossible.

Where Can I Get Cheap Auto Insurance?

When shopping for auto insurance there are multiple ways of comparing price quotes from local auto insurance companies. The fastest way to find the cheapest 2007 Toyota RAV4 insurance rates involves getting comparison quotes online. It is quite easy and can be accomplished in several different ways.

  • The easiest and least time consuming way to get quotes is to use a rate comparison form (click to open form in new window). This form keeps you from doing repetitive form submissions for each company you want a rate for. One quote request gets you coverage quotes from all major companies. It’s the fastest way to compare.
  • A harder way to compare prices requires you to visit each company’s website and complete a new quote form. For example, we’ll assume you want rates from Progressive, Esurance and Farmers. To get each rate you have to spend time on each company’s site and enter your policy data, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but ensure you’re using identical coverage information for each price quote. If you use different deductibles you will not be able to make an equal comparison. Just a small difference in insurance coverages can mean a large discrepancy in price. Just remember that getting more free quotes helps you find the best offered rates.

Do drivers who switch really save?

Companies like 21st Century, Allstate and State Farm regularly use ads in print and on television. All the ads make an identical promise that you can save if you move to them. How does each company make almost identical claims?

Different companies have a preferred profile for the type of driver that earns them a profit. For example, a driver they prefer might be profiled as between the ages of 30 and 50, has no tickets, and has a high credit rating. Any driver who fits that profile will get the preferred rates and most likely will cut their rates substantially.

Potential customers who do not match the “perfect” profile will be charged higher premiums which usually ends up with business going elsewhere. Company advertisements say “people who switch” but not “drivers who get quotes” save that kind of money. This is how companies can claim big savings.

That is why it’s extremely important to get a wide range of price quotes. It’s impossible to know the company that will fit your personal profile best.

Be sure to get all your discounts

Car insurance can cost a lot, but there are discounts available that can drop the cost substantially. Some trigger automatically when you complete an application, but some may not be applied and must be specially asked for before being credited.

  • Discount for Swiching Early – Select companies give a discount for buying a policy before your current expiration date. The savings is around 10%.
  • Fewer Miles Equal More Savings – Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Own a Home – Simply owning a home can save you money because owning a home shows financial diligence.
  • Sign Online – A few companies will give a small break just for signing your application digitally online.
  • Discount for Good Grades – This discount can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Discount for New Cars – Insuring a new car can be considerably cheaper due to better safety requirements for new cars.

A little note about advertised discounts, most discount credits are not given the the whole policy. Most only cut individual premiums such as physical damage coverage or medical payments. Even though it may seem like you could get a free insurance coverage policy, it just doesn’t work that way. Any amount of discount will help reduce your premiums.

Companies that may have these money-saving discounts include:

Before buying, ask each company how you can save money. Some discounts may not be available in your state.

How do I know if I need professional advice?

When choosing proper insurance coverage, there is no cookie cutter policy. Everyone’s needs are different.

For instance, these questions can help discover if your insurance needs might need an agent’s assistance.

  • What is the minimum liability in my state?
  • If I drive on a suspended license am I covered?
  • Can my babysitter drive my car?
  • How high should deductibles be on a 2007 Toyota RAV4?
  • What is PIP insurance?
  • Is other people’s property covered if stolen from my vehicle?
  • Where can I find DUI or SR-22 insurance?
  • Am I covered if I hit my neighbor’s mailbox?
  • How do I file an SR-22 for a DUI in my state?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance 101

Knowing the specifics of a auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like funeral costs, hospital visits and X-ray expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Toyota RAV4.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are set the same as your liablity limits.

Collision coverages – Collision coverage pays for damage to your RAV4 resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like rolling your car, colliding with a tree, damaging your car on a curb, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Comprehensive auto coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hitting a deer, rock chips in glass, vandalism, falling objects and damage from flooding. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability auto insurance – Liability insurance protects you from damage that occurs to people or other property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like attorney fees, medical services, repair bills for other people’s vehicles, emergency aid and bail bonds. How much coverage you buy is up to you, but buy as high a limit as you can afford.

In Summary

Drivers leave their current company for a number of reasons such as high prices, delays in paying claims, lack of trust in their agent and even denial of a claim. Whatever your reason, finding the right auto insurance provider is not as difficult as it may seem.

We just showed you a lot of information how to reduce 2007 Toyota RAV4 insurance prices online. The most important thing to understand is the more price quotes you have, the higher your chance of finding lower rates. Consumers may even find the biggest savings come from the smaller companies.

When trying to cut insurance costs, do not skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced liability limits or collision coverage only to regret that the savings was not a smart move. Your focus should be to find the BEST coverage at the best price while not skimping on critical coverages.

Additional auto insurance information is available below: