Buying economical coverage for a Toyota RAV4 relies on a lot of rating factors such as whether you are single or married, your residence address, and any prior driving offenses. Drivers in Ohio pay approximately $852 per year for RAV4 insurance, but that price is a valuation based upon a 30-year-old single female driver with full coverage and $250 deductibles.
When projecting a rate like this, the problem is that you are not 30 and maybe not even a female, you might be married instead of single, or maybe you just want liability only instead of full coverage. Have just a small change in rating criteria could end up in a significant change in the cost of a policy.
Everone’s needs are different, and this illustrates why the only way to find cheap car insurance rates for your Toyota is to do the rate comparisons yourself.
Compare Toyota RAV4 Insurance Rates
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
| RAV4 Sport 2WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
| RAV4 4WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
| RAV4 Limited 2WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
| RAV4 Limited 4WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
| RAV4 Limited 4WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
| RAV4 Sport 4WD | $194 | $364 | $306 | $18 | $92 | $974 | $81 |
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Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rates do not factor in zip code location which can raise or lower premiums noticeably.
Ending up with the top auto insurance company can be challenging considering how many companies there are to choose from in Ohio. The company ratings shown below can help you pick which insurers you want to consider when trying to find cheaper insurance for a Toyota RAV4. The rankings below only include companies that insure vehicles nationwide, so companies without a large exposure are not taken into consideration for these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
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Data Source: Insure.com Best Car Insurance Companies
Types of discounts on Toledo auto insurance
Auto insurance companies that sell policies for a Toyota RAV4 may also offer discounts that could potentially reduce rates by 30% or more if you meet certain criteria. The best car insurance companies and a partial list of their discounts include:
- 21st Century discounts include good student, defensive driver, automatic seat belts, student driver, theft prevention, and teen driver.
- Progressive may have discounts that include continuous coverage, online quote discount, multi-policy, homeowner, and good student.
- State Farm offers discounts including driver’s education, multiple autos, student away at school, accident-free, and good driver.
- Nationwide policyholders can earn discounts including business or organization, multi-policy, easy pay, anti-theft, and good student.
- Esurance has savings for online quote, claim free, anti-theft, anti-lock brakes, online shopper, homeowner, and emergency road assistance.
- The Hartford may include discounts for bundle, defensive driver, anti-theft, driver training, good student, vehicle fuel type, and air bag.
The information below illustrates the difference between car insurance rates with and without discounts applied to the premium. The information is based on a female driver, no claims or driving violations, Ohio state minimum liability limits, full coverage, and $100 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with safe-driver, homeowner, anti-theft, accident-free, multiple policy, and multiple vehicle discounts applied. When drivers take advantage of discounts, the average savings per year on car insurance for a Toyota RAV4 is 28% or $405.
Rate difference between full and liability-only coverage
Saving money on car insurance is important to most people, and one of the quickest ways to lower the cost of insurance for a Toyota RAV4 is to not buy full coverage. The information below illustrates the difference between car insurance costs with and without full coverage. The information is based on no claims or driving violations, $1,000 deductibles, marital status is single, and no other discounts are factored in.
If averaged out across all ages, comprehensive and collision coverage on your policy costs $1,136 per year over having just liability coverage. Many drivers will wonder if buying full coverage is worth the expense. There is no specific rule that works best for making the decision to drop comp and collision coverage, but there is a guideline you can consider. If the annual cost of coverage is about 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.
There are some cases where buying only liability insurance is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
The example below illustrates how your deductible choice can impact annual premium costs when searching for cheap insurance for a Toyota RAV4. The data is based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
A 40-year-old driver could lower their car insurance rates by $214 a year by increasing from a $100 deductible to a $500 deductible, or save $324 by switching to a $1,000 deductible. Younger drivers, like the age 20 example, could roll back prices as much as $548 every year just by choosing larger deductibles.
If you do raise deductibles, it will be required to have enough savings set aside to enable you to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.