How Much Does 2007 Toyota RAV4 Car Insurance Cost?

Looking for lower insurance coverage rates for your Toyota RAV4? When shopping for cheaper insurance, do you get confused by the number of insurance coverage companies available to you? There are so many companies to choose from that it can quickly become a chore to compare rates.

How to buy car insurance online

When looking for cheap insurance quotes, there are a couple ways to compare quotes from lots of car insurance companies. The easiest way by far to compare 2007 Toyota RAV4 insurance prices is to jump online and get quotes. This can be done by using one of the methods below.

1. One of the fastest ways consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This type of form prevents you from having to do boring form submissions for each price estimate. One form will return quotes from all major companies. It’s definitely the quickest method.
2. A less efficient way to find lower rates consists of going to the website for every company you want to comare and go through the quote process again. For sake of this example, we’ll pretend you want to compare rates from Nationwide, Farmers and Progressive. You would have to navigate to each company’s site and type in your information over and over, which is not fast way to get rate quotes. To view a list of companies in your area, click here.
3. The most difficult method to find lower rates to local insurance agencies. Buying insurance online has reduced the need for local agents unless you have a complicated situation and need the extra assistance that you can only get from talking to an agent. Although you can comparison shop online and get advice from an agent in your area.

It doesn’t matter which method you choose, just ensure you are comparing equivalent quote information for each quote you get. If each company quotes different data it will be very difficult to get a fair rate comparison. Quoting even small variations in limits could mean much higher rates. And when price shopping your coverage, comparing a wide range of rates increases your odds of finding more affordable insurance. Some companies don’t provide rate quotes online, so it’s necessary to compare price quotes from them as well.

Discounts to earn lower-cost insurance rates

Buying insurance is not cheap, but you might be missing out on some discounts that can drop the cost substantially. Some discounts will apply at the time you complete a quote, but some need to be asked for before being credited.

• Government Employee Discount – Federal government employees may qualify for a discount when you quote insurance on RAV4 coverage with some insurance companies.
• New Vehicle Savings – Insuring a new car can get you a discount due to better safety requirements for new vehicles.
• Own a Home – Owning a home can earn you a little savings because maintaining a house is proof that your finances are in order.
• Student Discounts – Excelling in school can be rewarded with saving of up to 25%. You can use this discount normally well after school through age 25.
• Professional Memberships – Being in qualifying clubs or civic groups could earn you a nice discount when getting a insurance quote.
• Cautious Drivers – Insureds without accidents may receive a discount up to 45% on RAV4 coverage as compared to drivers with claims.
• Distant College Student Discount – who are attending college and do not have access to a covered vehicle may qualify for this discount.
• Sign Online – Some of the larger companies provide a small discount simply for signing on the internet.
• Multiple Policy Discount – When you combine your auto and homeowners insurance with one company you could save approximately 10% to 15%.
• Service Members Pay Less – Having a family member in the military could trigger a small discount.

Policy discounts save money, but most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the cost of specific coverages such as comp or med pay. So even though it sounds like you could get a free insurance policy, you aren’t that lucky.

The best insurance companies and a selection of discounts are:

• State Farm has savings for good driver, Drive Safe & Save, accident-free, student away at school, and passive restraint.
• American Family may offer discounts for air bags, early bird, accident-free, Steer into Savings, bundled insurance, good student, and mySafetyValet.
• AAA may include discounts for pay-in-full, education and occupation, anti-theft, multi-car, and good student.
• Geico policyholders can earn discounts including five-year accident-free, seat belt use, anti-lock brakes, defensive driver, membership and employees, and federal employee.
• Mercury Insurance offers premium reductions for multi-policy, good student, good driver, type of vehicle, and low natural disaster claims.
• Farmers Insurance includes discounts for early shopping, alternative fuel, good student, mature driver, distant student, and homeowner.
• Progressive offers discounts for multi-vehicle, continuous coverage, online signing, good student, homeowner, online quote discount, and multi-policy.

If you are trying to find the cheapest insurance quotes, ask every company which discounts can lower your rates. Some of the discounts discussed earlier may not be available in your area.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Every situation is different.

For instance, these questions can help discover if your insurance needs would benefit from an agent’s advice.

• What is PIP insurance?
• Which companies will insure high-risk drivers?
• Is my babysitter covered when using my vehicle?
• Can I afford to pay high deductible claims out of pocket?
• Why am I be forced to buy a membership to get insurance from some companies?
• Does insurance cover damages from a DUI accident?
• Will I be non-renewed for getting a DUI or other conviction?
• If my 2007 Toyota RAV4 is totaled, can I afford another vehicle?
• Should I buy more coverage than the required minimum liability coverage?

If you can’t answer these questions, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form.

Car insurance coverages for a 2007 Toyota RAV4

Knowing the specifics of your car insurance policy can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Comprehensive coverage

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like damage from getting keyed, fire damage, a broken windshield and rock chips in glass. The most your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverages

Liability coverage will cover damage that occurs to people or other property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like loss of income, repair bills for other people’s vehicles, funeral expenses, court costs and pain and suffering. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Collision protection

Collision coverage covers damage to your RAV4 resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as colliding with another moving vehicle, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for immediate expenses for prosthetic devices, EMT expenses, nursing services, X-ray expenses and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Toyota RAV4.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.