How Much Does 2018 Toyota RAV4 Hybrid Insurance Cost?

Trying to find better insurance rates for your Toyota RAV4 Hybrid? Searching for better insurance prices for a Toyota RAV4 Hybrid could be difficult, but you can follow the following methods to make it easier.

There is a right way and a wrong way to compare insurance rates so we’re going to tell you the proper way to get price quotes on a Toyota and get the lowest possible price.

Why you might pay increased rates

Many factors are used in the calculation when pricing auto insurance. Most are fairly basic such as traffic violations, although others are less obvious such as your credit history or your commute time.Part of the insurance buying process is learning some of the elements that play a part in calculating the rates you pay for insurance. If you have some idea of what determines premiums, this helps enable you to make changes that may reward you with big savings.

Listed below are some of the most rate-impacting factors used by your company to calculate prices.

  • Your credit rating is important – Having a bad credit history will be a significant factor in determining what you pay for insurance. If your credit leaves room for improvement, you could be paying less to insure your 2018 Toyota RAV4 Hybrid by repairing your credit. Drivers with high credit scores tend to file fewer claims and have better driving records as compared to drivers with worse credit.
  • Discounts for married drivers – Having a significant other can get you a discount on your insurance policy. It may mean you are more mature than a single person and statistics prove being married results in fewer claims.
  • Only buy extra coverages you need – There are many extra bells and whistles that may not really be needed if you aren’t diligent. Things like coverage for rental cars, accident forgiveness, and membership fees may be costing you every month. They may seem good when discussing your needs, but if you don’t need them remove them and pocket the money.
  • Don’t let your policy lapse – Driving without insurance is illegal and companies may charge more for letting your coverage have a gap. Not only will rates go up, getting caught without coverage will get you fines and jail time. You will then be forced to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Prevent theft and save – Buying a car that has an advanced theft prevention system can help lower your premiums. Theft prevention features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder your vehicle from being stolen.
  • Guys are more aggressive – The statistics show women tend to be less risk to insure than men. It does not mean females are better drivers. Women and men get in at-fault accidents in similar percentages, but the males tend to have more serious accidents. Men also receive more major tickets such as DWI and reckless driving. Young males are most likely to cause an accident so they pay the highest premiums.

More discounts mean lower-cost premiums

Auto insurance companies don’t always publicize every discount very well, so the below list has some of the more common in addition to some of the lesser obvious credits available to bring down your rates.

  • Military Rewards – Having a family member in the military could trigger a small discount.
  • ABS Brakes – Vehicles with ABS braking systems or traction control can reduce accidents and the ABS can save up to 10%.
  • Include Life Insurance and Save – Some insurance carriers give a lower price if you buy some life insurance in addition to your auto policy.
  • No Claims – Claim-free drivers have much lower rates as opposed to accident-prone drivers.
  • Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save up to 15% off PIP or medical payments premium.
  • No Charge for an Accident – This isn’t a discount exactly, but a few companies such as Allstate and Geico permit an accident before raising your premiums as long as you don’t have any claims before the accident.
  • Discounts for Good Drivers – Insureds who avoid accidents can get discounts for up to 45% lower rates on RAV4 Hybrid insurance as compared to drivers with claims.
  • Pay Upfront and Save – By paying your entire bill at once instead of making monthly payments you can avoid the installment charge.
  • Drivers Ed for Students – Cut your cost by having your teen driver take driver’s ed class in high school.
  • Paper-free Discount – A handful of companies will give a small break simply for signing on your computer.

While discounts sound great, it’s important to understand that some credits don’t apply to the entire policy premium. A few only apply to specific coverage prices like collision or personal injury protection. So even though you would think you could get a free car insurance policy, nobody gets a free ride.

A partial list of companies who might offer these money-saving discounts may include but are not limited to:

If you want affordable car insurance quotes, ask each company which discounts you may be entitled to. Some discounts listed above may not apply to policies in every state. To locate car insurance companies that provide some of the discounts listed above, click this link.

Don’t believe everything you hear

Drivers can’t escape the ads that promise big savings for switching from companies such as 21st Century, Allstate and State Farm. All the ads seem to make the promise about how much you will save just by moving your coverage.

How is it plausible that every one can claim to save you money? You have to listen carefully.

Insurance providers can use profiling for the type of driver that will add to their bottom line. A good example of this type of insured may need to be over the age of 50, has no claims, and does not commute to work. Anybody that meets those criteria will get a cheap rate quote and is almost guaranteed to save a lot of money.

Drivers who don’t meet those criteria may receive higher rates which translates to the prospect going elsewhere. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That’s why companies can truthfully make those claims.

This emphasizes why you should compare free car insurance quotes often. It’s impossible to know which company will be your best fit.

It’s not one size fits all

When buying coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can help discover whether or not you might need professional guidance.

  • When can my company non-renew my policy?
  • When would I need rental car insurance?
  • How much liability insurance is required?
  • Do I need to file an SR-22 for a DUI in my state?
  • Does my policy cover me when driving someone else’s vehicle?
  • Will my rates increase for filing one claim?

If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance coverage considerations

Learning about specific coverages of a car insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.

Liability insurance – This coverage will cover damages or injuries you inflict on people or other property that is your fault. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three 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 stand for 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. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims such as attorney fees, medical services, court costs and funeral expenses. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Uninsured/Underinsured Motorist coverage – This coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Toyota RAV4 Hybrid.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance pay for immediate expenses for surgery, nursing services, rehabilitation expenses, EMT expenses and chiropractic care. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers you and your occupants as well as getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, rock chips in glass, damage from a tornado or hurricane, hail damage and falling objects. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage – This pays for damage to your RAV4 Hybrid from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things like scraping a guard rail, hitting a mailbox and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Cheaper insurance is a realistic goal

As you restructure your insurance plan, you should never skimp on critical coverages to save a buck or two. In too many instances, someone sacrificed uninsured motorist or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible at the best possible price, not the least amount of coverage.

People who switch companies do it for a variety of reasons including policy cancellation, an unsatisfactory settlement offer, delays in paying claims or even delays in responding to claim requests. Regardless of your reason, finding a new company is pretty simple and you could end up saving a buck or two.

We just presented some good ideas how to save on 2018 Toyota RAV4 Hybrid insurance. The key concept to understand is the more companies you get premium rates for, the better your comparison will be. You may even find the biggest savings come from a company that doesn’t do a lot of advertising.

Much more information about auto insurance is available at the links below