2012 Toyota RAV4 Insurance Quotes – 5 Savings Tips

Searching for cheaper insurance rates for your Toyota RAV4? No one looks forward to buying insurance, in particular when the price is too high.

With consumers having so many companies to choose from, it’s difficult to pick the most cost effective insurance company.

It is always a good idea to shop coverage around every six months because prices change frequently. Even if you got the best deal on RAV4 coverage two years ago a different company probably has better rates today. You’ll find quite a bit of inaccurate information about insurance on the internet, so with this article, you’re going to get some good information on how to save money.

Buying car insurance is easy if you know what you’re doing. If you currently have a car insurance policy, you should be able to lower your premiums substantially using these techniques. Although vehicle owners must understand how the larger insurance companies determine prices and use this information to your advantage.

Don’t miss these five discounts

Auto insurance companies do not advertise every available discount in a way that’s easy to find, so we researched some of the best known and the harder-to-find savings tricks you should be using.

  • Paperless Signup – Certain companies give back up to $50 simply for signing on their website.
  • Early Signing – Select companies give a discount for switching to them prior to your current policy expiring. This can save 10% or more.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
  • Payment Discounts – If you pay your bill all at once instead of making monthly payments you can actually save on your bill.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.

A little note about advertised discounts, most discounts do not apply to the entire cost. Most only apply to individual premiums such as comp or med pay. Even though it may seem like it’s possible to get free car insurance, companies don’t profit that way.

Insurance companies that may offer some of the above discounts may include but are not limited to:

Double check with each insurance company how you can save money. Discounts might not be offered in your state.

How to Get Auto Insurance Comparison Quotes

All the larger auto insurance companies quote pricing directly from their websites. The process is quite simple as you just enter your personal and coverage information as detailed in the form. After you complete the form, the company’s rating system makes automated requests for your driving record and credit report and provides a quote. This makes comparing rates easy, but the time required to go to each company’s website and repetitively enter the same data into a form is repetitive and time-consuming. But it’s very important to compare as many rates as possible in order to get better prices.

The quickest way to compare rates requires only one form that analyzes rates from more than one company. It saves time, reduces the work, and makes quoting online much more enjoyable and efficient. Immediately after you send the form, it is rated with multiple companies and you can pick your choice of the quotes that you receive. If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. The whole process just takes a couple of minutes and can result in significant savings.

If you want to find out how much you’re overpaying now, click here to open in a new tab and enter your information. If you have your current policy handy, we recommend you type in deductibles and limits exactly as they are listed on your policy. This guarantees you will get rate comparison quotes for similar coverage.

When might I need help?

When buying proper insurance coverage, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that can aid in determining whether or not you might need professional guidance.

  • Am I getting all the discounts available?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is my teenager covered with friends in the car?
  • Does my policy pay for OEM or aftermarket parts?
  • What if I don’t agree with a claim settlement offer?
  • Is my teen driver covered when they drive my company car?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Car insurance coverage specifics

Learning about specific coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages found on the average car insurance policy.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision protection

Collision coverage pays for damage to your RAV4 resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle, rolling your car and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as fire damage, hitting a deer and hail damage. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability insurance

Liability coverage will cover damage or injury you incur to other people or property by causing an accident. It protects YOU against other people’s claims. Liability 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. You commonly see policy limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims like medical services, pain and suffering, bail bonds and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as rehabilitation expenses, chiropractic care, nursing services, EMT expenses and pain medications. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as being hit by a car walking across the street. PIP is not universally available and may carry a deductible

One last thing about your coverage

We covered some good ideas how to compare 2012 Toyota RAV4 insurance prices online. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. Drivers may discover the best price on auto insurance is with the smaller companies. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as GEICO and State Farm.

When buying insurance coverage, you should never buy lower coverage limits just to save a few bucks. In too many instances, someone dropped liability limits or collision coverage and discovered at claim time that it was a big mistake. The ultimate goal is to buy a smart amount of coverage for the lowest price.

Additional detailed information can be found in the articles below: