2015 Toyota RAV4 Car Insurance Cost – 10 Tips to Save

Trying to find cheaper insurance rates? Buyers have a choice when searching for affordable Toyota RAV4 insurance. You can either spend your time struggling with agents trying to get quotes or use the internet to make rate comparisons.

There are more efficient ways to buy insurance so we’re going to tell you the best way to quote coverages for a new or used Toyota and find the lowest possible price from both online companies and local agents.

It’s smart to shop coverage around occasionally since rates change frequently. Despite the fact that you may have had the lowest rates on RAV4 insurance two years ago you can probably find a lower rate today. So just forget anything you know (or think you know) about insurance because we’re going to show you how to use online quotes to find better rates and still maintain coverage.

These ten discounts can slash car insurance rates

Car insurance is not cheap, but companies offer discounts that can drop the cost substantially. Certain discounts will be applied when you get a quote, but a few must be manually applied before they will apply. If you’re not getting every credit possible, you are throwing money away.

  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you will save 10% to 20% off each policy.
  • Payment Method – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
  • Multiple Cars – Buying insurance for all your vehicles on one policy may reduce the rate for each vehicle.
  • Homeowners Pay Less – Being a homeowner may trigger a car insurance policy discount due to the fact that maintaining a home requires personal responsibility.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20% or more.
  • No Claims – Claim-free drivers pay less compared to drivers who are more careless.
  • Drive Less and Save – Low mileage vehicles can earn discounted rates on garaged vehicles.
  • One Accident Forgiven – A handful of insurance companies will forgive one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
  • Good Student Discount – Performing well in school can get you a discount of up to 25%. This discount can apply until age 25.
  • New Car Discount – Putting insurance coverage on a new car can save up to 30% because new vehicles have to meet stringent safety requirements.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. The majority will only reduce specific coverage prices like comprehensive or collision. So despite the fact that it appears all the discounts add up to a free policy, companies wouldn’t make money that way. But all discounts will cut the cost of coverage.

Car insurance companies that may offer these money-saving discounts include:

Double check with each company which discounts you may be entitled to. Some discounts might not apply everywhere.

When might I need the advice of an agent?

When buying the best auto insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might help in determining whether you would benefit from professional advice.

  • Is rental equipment covered for theft or damage?
  • Am I insured when driving a different vehicle?
  • Is my nanny covered when driving my vehicle?
  • If my pet gets injured in an accident are they covered?
  • When does my teenage driver need to be added to my policy?
  • How can I find cheaper teen driver insurance?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Should I put collision coverage on all my vehicles?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Coverages available on your policy

Understanding the coverages of a car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like nursing services, pain medications, X-ray expenses, surgery and EMT expenses. They are utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like fire damage, a broken windshield, a tree branch falling on your vehicle, hail damage and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability

Liability insurance protects you from damage that occurs to other people or property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover 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 might see limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like funeral expenses, emergency aid, pain and suffering, structural damage and loss of income. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

Coverage for collisions

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

Collision insurance covers claims such as hitting a mailbox, colliding with a tree and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.

Feed the piggy bank

People who switch companies do it for any number of reasons including high prices, extreme rates for teen drivers, an unsatisfactory settlement offer or even delays in paying claims. Whatever your reason, finding a new company can be easy and end up saving you some money.

While you’re price shopping online, never reduce needed coverages to save money. There are too many instances where drivers have reduced comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your strategy should be to purchase a proper amount of coverage at a price you can afford.

Lower-priced 2015 Toyota RAV4 insurance can be sourced both online and also from your neighborhood agents, and you need to price shop both to have the best rate selection. Some insurance companies may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

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