2014 Toyota RAV4 Insurance Cost

Having to pay for overpriced insurance can take a big chunk out of your savings account, especially in this economy. Comparison shopping is a great way to make sure you’re not throwing money away.

Consumers have many insurers to insure vehicles with, and although it’s a good thing to have a choice, lots of choices makes it harder to find the lowest rates.

Consumers need to compare prices on a regular basis due to the fact that insurance rates are rarely the same from one policy term to another. Even if you think you had the lowest rates for RAV4 coverage last year other companies may now be cheaper. Forget all the misinformation about insurance because you’re about to find out one of the quickest ways to find better coverage at a better price.

Don’t miss out on these money-saving discounts

Companies that sell car insurance don’t always advertise every discount in an easy-to-find place, so we researched some of the best known and also the lesser-known auto insurance savings.

  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy can get a discount on all vehicles.
  • Save over 55 – Mature drivers may qualify for better auto insurance rates for RAV4 coverage.
  • Use Seat Belts – Drivers who require all occupants to buckle their seat belts could save 15% off your medical payments premium.
  • Passive Restraints and Air Bags – Factory air bags can qualify for discounts up to 30%.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
  • New Car Discount – Putting insurance coverage on a new car is cheaper since new cars are generally safer.
  • Early Signing – A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.
  • Low Mileage Discounts – Driving fewer miles can qualify you for discounted rates on garaged vehicles.

Keep in mind that most discounts do not apply to the entire policy premium. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears all the discounts add up to a free policy, auto insurance companies aren’t that generous.

Companies that may offer these benefits are:

Check with each insurance company how you can save money. Discounts might not be offered in your area.

The quickest method to get policy rate comparisons is to know the fact most larger insurance companies will pay a fee to provide you with a free rate quote. All consumers are required to do is provide the companies a bit of rating information like if you’re married, driver ages, how you use your vehicles, and your education level. Your information gets transmitted to insurance companies and they return cost estimate almost instantly.

To find lower rates now, click here and enter your coverage details.

Factors that can influence Toyota RAV4 insurance rates

An important part of buying insurance is that you know the factors that come into play when calculating your car insurance rates. Knowing what influences your rates helps enable you to make changes that may reward you with lower car insurance prices.

  • Cautious drivers pay less – A bad driving record has a big impact on rates. Drivers who don’t get tickets have lower premiums than bad drivers. Even one citation can bump up the cost by twenty percent. If you have serious violations such as DUI or reckless driving may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
  • The more you drive the more you pay – The more you drive in a year the more you’ll pay to insure your vehicle. Most insurance companies charge to insure your cars based on how the vehicle is used. Vehicles used primarily for pleasure use get more affordable rates than vehicles that are driven to work every day. Double check that your car insurance policy properly reflects the correct driver usage. Incorrect usage on your RAV4 can result in significantly higher rates.
  • Your location affects your rates – Choosing to live in small towns and rural areas is a positive aspect when it comes to car insurance. Fewer people means fewer accidents. Drivers in populated areas have to deal with more traffic problems and longer commute times. More time on the road means more change of being in an accident.
  • Do you know you’re credit rating? – Having a bad credit score is a important factor in determining what you pay for car insurance. Drivers with high credit scores tend to file fewer claims and have better driving records than those with lower credit scores. If your credit is low, you could save money insuring your 2014 Toyota RAV4 by improving your credit score.
  • Do you have a high stress job? – Did you know your occupation can influence how much you pay for car insurance? Careers like judges, architects and stock brokers tend to pay the highest rates attributed to high stress and long work hours. On the other hand, professions such as pilots, students and homemakers have the lowest average rates for RAV4 coverage.
  • Don’t get talked into coverage you don’t need – There are a lot of add-on coverages that can waste your money on your car insurance policy. Insurance for vanishing deductibles, accident forgiveness and membership fees are some examples. They may seem like a good idea when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.

Do I need special coverages?

When it comes to buying coverage for your personal vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions might point out whether or not you would benefit from an agent’s advice.

  • Does my medical payments coverage pay my health insurance deductible?
  • Should I buy more coverage than the required minimum liability coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Does having multiple vehicles earn me a discount?
  • How can I get my company to pay me more for my totalled car?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I benefit by insuring my home with the same company?
  • Do all my vehicles need collision coverage?
  • Should I buy full coverage?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Car insurance coverage information

Learning about specific coverages of your insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring. Shown next are the usual coverages offered by insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your 2014 Toyota RAV4.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Auto collision coverage

Collision insurance 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 pays for things like driving through your garage door, rolling your car and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for expenses like nursing services, hospital visits, dental work, prosthetic devices and funeral costs. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like rock chips in glass, fire damage and a broken windshield. The maximum payout your insurance company will pay 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.

Coverage for liability

This coverage provides protection from damage or injury you incur to a person or their property that is your fault. It protects you from claims by other people. 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. Your policy might show values of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like bail bonds, medical expenses and pain and suffering. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Final thoughts

When shopping online for auto insurance, do not reduce needed coverages to save money. There have been many cases where consumers will sacrifice physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to find the BEST coverage at an affordable rate while still protecting your assets.

Affordable 2014 Toyota RAV4 insurance can be bought from both online companies and with local insurance agents, so compare prices from both to get a complete price analysis. Some insurance companies do not offer online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

More information can be found at the links below