Cheap 2003 Toyota RAV4 Insurance Rates

Trying to find the cheapest car insurance rates for your Toyota RAV4? Searching for the cheapest insurance for your Toyota RAV4 can be a painful process, but you can follow a few tricks to find lower rates. There is a right way and a wrong way to compare car insurance rates so we’re going to tell you the proper way to price shop coverage for a new or used Toyota and find the lowest price.

It is always a good idea to compare rates before your next renewal since insurance prices are variable and change quite frequently. Despite the fact that you may have had the best rates on RAV4 insurance a few years ago you will most likely find a better rate quote today. Forget all the misinformation about car insurance because we’re going to show you the fastest way to reduce your cost while increasing coverage.

Finding the best rates is easy if you know what you’re doing. If you have a current auto insurance policy or are looking for a new policy, you will benefit by learning to reduce the price you pay and possibly find even better coverage. Consumers just need to understand the best way to shop for auto insurance on the web.

The quickest way to compare insurance rates in your area is to take advantage of the fact most of the bigger providers participate in a system to give free rates quotes. The one thing you need to do is provide the companies a bit of rating information such as driver details, how much coverage you want, distance driven, and whether the vehicles are used for commuting. Your information is instantly provided to multiple different insurance companies and they provide comparison quotes very quickly.

To compare multiple company rates now, click here and enter the information requested.

Ads can be misleading

Drivers can’t get away from ads that claim the best car insurance rates from companies such as Allstate and Progressive. They all advertise claims about how much you will save if you just switch your policy.

Is it even possible that every company can charge you less for car insurance? Here is how they do it.

Insurance coverage companies require specific criteria for the type of customer that will generate a profit. For example, a profitable customer might be described as a mature driver, owns a home, and the vehicle is rated for pleasure use. Anyone who meets those qualifications will get very good premium rates and will most likely cut their rates if they switch.

Consumers who don’t meet these stringent criteria will probably be forced to pay a higher premium and this can result in the customer not purchasing. The ad wording is “drivers who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s why companies can make those claims. This emphasizes why drivers should get auto insurance quotes as often as possible. It’s just too difficult to predict the company that will be your best fit.

Why your insurance rates might be higher

Lots of things are used in the calculation when premium rates are determined. Some factors are common sense such as traffic violations, but some are more obscure such as your credit history or how safe your car is.When buying auto insurance it’s important to understand a few of the rating criteria that help determine the level of your policy premiums. When you understand what influences your rates, this allows you to make educated decisions that can help you get cheaper rates.

• Older drivers are lower risk – Older people are shown to be more cautious, tend to cause fewer accidents and tend to be get fewer driving tickets.Youthful drivers have a tendency to be careless and easily distracted when behind the wheel and because of this, their auto insurance rates are much higher.
• Your address can influence costs – Choosing to live in less populated areas is a good thing when it comes to auto insurance. Drivers who live in large cities regularly have congested traffic and more severe claims. Lower population translates into fewer accidents and lower theft and vandalism rates.
• Keep auto insurance claims to a minimum – If you file claims often, don’t be surprised to see higher rates. Companies give the lowest premiums to policyholders who do not file claims often. Auto insurance is meant to be used in the event of larger claims.
• Cheaper rates with high deductibles – Insurance for physical damage to your car, also called comprehensive and collision insurance, is used to repair damage to your vehicle. A few examples of covered claims could be collision with another vehicle, hitting a deer, and burglary. The deductibles you choose tell how much you are required to spend out-of-pocket before a claim is paid by your company. The larger the amount the insured has to pay upfront, the better rate you will receive on RAV4 insurance.
• Low mileage costs less – Driving a lot of miles each year the more it will cost to insure it. Most companies charge to insure your cars partially by how you use the vehicle. Cars used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. It’s always a good idea to double check that your policy states the proper vehicle usage. Having the wrong rating on your RAV4 may be costing you higher rates.
• Policy add-ons add up – There are quite a few additional extra coverages that may not really be needed if you aren’t careful. Things like coverage for rental cars, death and dismemberment, and extra equipment coverage may not be needed and are just wasting money. You may think they are a good idea initially, but now you might not need them so eliminate them to save money.
• Limits of liability insurance – Your policy’s liability coverage is the coverage that protects you if ever you are determined to be liable for physical damage or personal injury to other. It will provide for a legal defense starting from day one. Liability insurance is pretty cheap compared to physical damage coverage, so drivers should carry high limits.
• Gender is a factor – Statistics show that females take fewer risks when driving. However, don’t assume that men are WORSE drivers than women. Females and males have at-fault accidents at a similar rate, but the male of the species cause more damage and cost insurance companies more money. Not only are claims higher, but men receive more costly citations such as DWI and reckless driving. Male teenagers cause the most accidents and therefore pay the highest rates.

Insurance coverage policy discounts you can’t miss

Insurance coverage is neither fun to buy or cheap, but you might find some hidden discounts to reduce the price significantly. A few discounts will be applied when you purchase, but some may not be applied and must be specially asked for before being credited.

• Multiple Cars – Purchasing coverage when you have more than one vehicle on a single policy could earn a price break for each car.
• Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems may earn rate discounts of 20% or more.
• Waiver for an Accident – This one is not really a discount per se, but a handful of insurance companies will let one accident slide without raising rates so long as you are claim-free for a set time period.
• Discounts for Good Drivers – Insureds who avoid accidents may save up to 50% more on RAV4 insurance than drivers with accidents.
• Anti-lock Brake System – Cars, trucks, and SUVs with ABS and/or traction control are safer to drive so companies give up to a 10% discount.
• Senior Discount – If you qualify as a senior citizen, you may be able to get better insurance coverage rates on RAV4 insurance.

As is typical with insurance, some of the credits will not apply to the entire cost. Some only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, you’re out of luck.

Some companies that may offer policyholders these benefits include:

• Progressive
• SAFECO
• American Family
• MetLife
• Geico
• The Hartford

When comparing rates, check with every prospective company to apply every possible discount. Some credits might not be available to policyholders in your area. To find insurance companies that offer multiple discounts, click this link.

Insurance agents can help

When buying the best auto insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

For example, these questions might point out if your insurance needs could use an agent’s help.

• Do I have coverage when making deliveries for my home business?
• Does my medical payments coverage pay my health insurance deductible?
• When can my company non-renew my policy?
• Where can I find DUI or SR-22 insurance?
• Do I need higher collision deductibles?
• Which companies will insure high-risk drivers?
• What companies insure drivers after a DUI or DWI?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.

Auto insurance coverages

Having a good grasp of your insurance policy aids in choosing the right coverages for your vehicles. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Collision coverages – Collision insurance will pay to fix damage to your RAV4 caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with a tree, hitting a parking meter, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Coverage for medical payments – Med pay and PIP coverage pay for expenses such as X-ray expenses, dental work, EMT expenses, ambulance fees and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Auto liability insurance – This protects you from damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things like pain and suffering, court costs, legal defense fees and emergency aid. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like falling objects, a broken windshield, damage from a tornado or hurricane, fire damage and damage from flooding. The maximum payout a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured and underinsured coverage – This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your Toyota RAV4.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Don’t throw your cash in the trash

Consumers leave their current company for a number of reasons such as extreme rates for teen drivers, policy non-renewal, questionable increases in premium or even denial of a claim. It doesn’t matter what your reason, finding a new car insurance company is pretty simple and you could end up saving a buck or two.

Lower-priced car insurance is attainable online and from local agencies, so you should compare both to have the best rate selection. There are still a few companies who may not offer the ability to get quotes online and many times these small, regional companies provide coverage only through independent agents.

As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed uninsured motorist or liability limits only to regret they didn’t have enough coverage. The goal is to buy a smart amount of coverage at the lowest possible cost.

To read more, feel free to visit these articles:

• Frontal Crash Tests (iihs.org)
• Who Has Affordable Milwaukee Auto Insurance Rates for a Toyota RAV4? (MilwaukeeInsure.com)
• A Tree Fell on Your Car: Now What? (Allstate)
• Understanding Car Crashes Video (iihs.org)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Child Safety FAQ (iihs.org)